Last Friday’s news was dominated by the ‘biggest IT outage in history’, as a bug in a routine software update cascaded into a global crisis. Millions of computers were knocked out, thousands of flights cancelled, hospital operations postponed, television channels went off the air, payments systems crashed, supply chains froze. In short the digital foundations … Continue reading Letter to the TLS on AI 22nd of July
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In his interesting opinion article (Robots sacked, screenings shut down: a new movement of luddites is rising up against AI, 27 July), Ed Newton-Rex misses one of the most serious concerns about artificial intelligence: its surveillance potential. Governments have always spied on their subjects/citizens: technology multiplies their powers of spying. In his novel 1984, George … Continue reading Letter in the Guardian on AI 2nd of August 2024
Sir, William Hague poses a false alternative: letting Russia win or allowing Ukraine to fire western-supplied missiles deep in Russian territory. There is better way: a negotiated peace, involving neither a Ukrainian defeat nor military escalation. This requires a recognition that Ukraine has already won its most important victory. Putin expected to be in Kyiv … Continue reading Letter in the Times on Ukraine 24th of July 2024
Russia’s latest military gains in the Donetsk region (Report, July 5) reinforce the case for a negotiated settlement of the war in Ukraine. The US and its allies support Ukraine’s key war aim, which is a return to the 2014 frontiers, ie, Russia’s expulsion from Crimea and Donbas. But all informed analysts agree that short … Continue reading Letter in the Financial Times on Ukraine 10th of July 2024
Labour’s Economic Plan Lacks Keynesian Ambition Jul 24, 2024 Robert Skidelsky Today’s risk-averse economic climate calls for increased public investment to attract reluctant private capital. But British Prime Minister Keir Starmer’s insistence on adhering to strict fiscal rules casts doubt on his ability to pull the United Kingdom out of its economic malaise. LONDON – … Continue reading Project Syndicate 24th of July 2024
Across the country, fascists are committing horrendous acts of racist violence in broad daylight. In Rotherham and Tamworth, hotels housing asylum seekers were set on fire; in Burnley, Muslim graves were vandalised. On social media, videos are said to show young people beating those they perceive to be Muslims in the street. In one post […]
- by Helena Miton
- by Rupert Read
The UK is acting as if the bombing of hospitals, starvation of civilians, and razing of entire neighbourhoods was just a disappointing but ultimately anomalous spell of bad behaviour
Cuts to the UN aid agency's budget in the aftermath of the reports were estimated to have cost it half a billion dollars in crucial emergency funds
"It is irresponsible and disrespectful to punish the very people that the company relies on for its success in pursuit of shareholder profits."
These life-size portraits of South Korea’s most iconic ocean women showcase a dying way of life.
The post The Salty Grit of the Haenyeo Divers appeared first on Nautilus.
Western media focused intently on a Russian “murderer” released in the exchange with Washington, but whitewashed the record of his target – a Chechen militant now confirmed as a CIA asset. August 1 saw the largest prisoner exchange between Moscow and Washington since the end of the Cold War. Among those freed were Wall Street Journal reporter Evan Gershkovich and former US marine Paul Whelan, who were each serving 16 year sentences for espionage. In the other direction, Russian opposition […]
The post Historic US-Russia prisoner swap exposes CIA support for Chechen jihad first appeared on The Grayzone.
The post Historic US-Russia prisoner swap exposes CIA support for Chechen jihad appeared first on The Grayzone.
Though newer readers will be forgiven for disbelieving it, during my early online career I was primarily considered a finance and economics blogger, though I’d write about almost anything. Among other things, I predicted the financial collapse, including the DOW bottom and the month it would happen in. A correspondent once went thru the Wayback machine and found that there were less than forty people who made the prediction in advance.
I lost interest somewhere around 2010 and moved my primary focus to other topics: at the time mostly ideology and how it interacted with the political economy. There was no reason in continuing: my goal had always been change, and the Fed, Congress and Obama had all confirmed that the only change was to be the end of any real spar of capitalism.
So I’m not going to write about the proximate cause of the current financial collapse, but instead look at the bigger picture that lead here.
Bunch writes: On Friday, the Washington Post broke a bombshell story about a credible allegation of bribery involving the 2016 election of Donald Trump, Egypt’s dictator Abdel Fattah El-Sisi, and a mysterious $10 million all-cash withdrawal from an Egyptian state-run bank just five days before Trump became president — and adopted a more friendly aid policy toward the Middle Eastern nation. The rumors of such an investigation have kicked around for years — most famously in the latter days of Trump’s term when part of a federal courthouse was closed off while prosecutors pushed for records from the Egyptian bank, although few details were known at the time. The new Post investigation revealed a stunning detail — that the Cairo bank had received a note from an agency believed to be Egyptian intelligence to “kindly withdraw” nearly $10 million in two, 100-pound bags full of U.S. $100 bills, five days before Trump became 45th president. The case, which kicked off with a tip from a credible U.S.
Nedanstående är en gästpost signerad Mats Bladh Lars Syll skriver att felet med den neoklassiska teorin är dess deduktiva karaktär. Han tar Paul Krugman som exempel på att kritiska nationalekonomer själva faller tillbaka på sådana slutna modeller, och därför kan man inte ta slutenheten som det avgörande inslaget. Syll kunde ha tagit Joseph Stigler som exempel, […]
The UK’s far-right riots and the potential for conflict with Iran are not isolated events. Greg Stoker analyzes how economic despair and geopolitical tensions are driving unrest and instability both at home and abroad.
The post Far-Right Riots and Middle East War: A Dangerous Connection appeared first on MintPress News.