Links 12/31/2025 | naked capitalism


2025 was one of the Three Hottest Years on Record, Scientists Say Deccan Chronicle

Historic dry rainy season triggers alarm for deepening food insecurity in the Horn of Africa FEWS Net

Cape Town is currently experiencing an intense heatwave, with temperatures soaring across the city as residents and tourists cope with the scorching sun Sierra Express

Extreme weather events are ‘new normal’ for UK wildlife The Times

Great white sharks face extinction in Mediterranean, say researchers BBC

Sunflower oil pollution could persist at the bottom of the Black Sea for more than 6 years Greenpeace

Will India’s wheat imports lead to global food crisis? Down to Earth

When you plant something, it dies’: Brazil’s first arid zone is a stark warning for the whole country Guardian

Bach Ma National Park in Vietnam Closes to Tourists Following Historic Floods and Landslides Travel and Tour World

Mapped: 16 times extreme weather drove higher food prices since 2022 Carbon Brief

Water

India’s domination of global rice trade stokes looming water crisis Reuters

The metropolitan region of Sao Paulo, the most populated urban area in Brazil, is facing an emergency in its drinking water supply, authorities said Monday Xinhua

A childhood carried in water pitchers: Climate change and lost girlhoods in coastal Bangladesh The Business Standard

Tehran at risk: The looming water catastrophe Daily Sabah

China?

China Unveils Initial $9 Billion in 2026 Consumer Subsidies Bloomberg

China expands housing voucher program amid rising inventories Nikkei

China’s cash-strapped local governments drive record sales of asset-backed securities Financial Times<

Xi renews call to boost grain output after trade war sharpens China’s food security push South China Morning Post

China fires rockets into waters off Taiwan in second day of military drills Sky

Japan

Dangerous new equilibrium awaits Japan-China ties in 2026 Japan Times

Benchmark Japan bond yields extend steepest annual surge since 1994 Channel News Asia

Japanese births set to fall below lowest official forecasts in 2025 Financial Times

Koreas

North Korea fires missiles into the sea in latest nuclear weapons warning Independent

India

Foreigners Dump Record Indian Bonds as Weak Rupee Erodes Returns Bloomberg

Southeast Asia

Why Myanmar’s junta election cannot hide a collapsing economy South China Morning Post

Thailand delays return of Cambodian soldiers Bangkok Post

Africa

Niger’s military rulers order ‘general mobilisation’ against armed groups Aljazeera

Ghana reinforces northern border as Sahel violence encroaches DefenceWeb

Sudan’s El-Fasher: 1 Million Former Residents Face Famine and Mass Killings Novinite

South of the Border

Exclusive: CIA carried out drone strike on port facility on Venezuelan coast CNN

Crew Paints Russian Flag on Tanker Pursued by the U.S. Coast Guard New York Times (resilc)

Venezuela’s medicine prices soar to unaffordable level amid US blockades PressTV

U.S. Pressures Mexico Over Fuel Supply to Crisis-Hit Cuba OilPrice

European Disunion

Germany’s job market slows as employment prospects hit record low Xinhua

German business groups expect job cuts in 2026 as economic crisis drags on Reuters

Polish farmers stage nationwide protests over EU–Mercosur trade agreement EuroNews

Farmers’ Road Blockades Split Greece Ahead of New Year Tovima

Athens is bracing for renewed strain in Greek-Turkish relations in 2026, as Ankara appears to be moving into a phase of broader mobilization across multiple fronts ekathimerini

Bulgaria adopts euro as fear and uncertainty loom Agence France-Presse

Old Blighty

Majority of Brits think economy is getting worse City AM

Maggots, rats and growing despair – a year of the Birmingham bin strike Guardian

Israel v. The Resistance

Israel to suspend operations of several aid groups in Gaza as countries warn of renewed ‘catastrophic’ humanitarian crisis CNN

Israel to ban dozens of aid agencies from Gaza as 10 nations warn about suffering Guardian (Kevin W)

Anti-Israel group demands lawmakers visiting Israel resign Vermont Daily Chronicle (resilc). More of this, please.

Tehran shopkeepers protest currency plunge as rial hits all-time low Iran International

Saudis v. UAE

Saudi Arabia bombs UAE shipment in Yemen and calls out Emirati role Middle East Eye (resilc)

New Not-So-Cold War

Russia deploys hypersonic Oreshnik missiles in Belarus amid Europe tensions Aljazeera

BREAKING: Drone attack on Putin residence directed at a Russian nuclear command and control center Steven Starr

Stanislav Krapivnik: Massive Escalation – Attack on Putin’s Residence Glenn Diesen, YouTube. Useful commentary on sentiment in Russia.

Larry Johnson: Russia Will Retaliate After Attack on Putin’s Residence Glenn Diesen, YouTube

Poland announces €2 billion anti-drone wall along eastern border Turkiye Today

Imperial Collapse Watch

CIA loses nuclear-powered gadget in the Himalayas, shrugs BoingBoing

Trump 2.0

Five restraint successes — and five absolute fails — in 2025 Responsible Statecraft (resilc)

Kennedy Center renaming prompts a new round of cancellations Associated Press (Kevin W)

How RFK Jr. upended the public health system Washington Post

Mr. Market is Edgy

FTSE 100 poised to end 2025 at record levels The Times

Banks tap Fed liquidity tool amid year-end pressures Reuters. Note liquidity is thin at year end and the Fed has been extremely inept in managing it in the era of managing interest rates via paying interest on reserves than in the old days of intervening via its NY Fed money markets desk. So is this warranted or a Powell put lite? I thought the Fed over-reacted in December 2007 with its interest rate cuts and launch of new facilities. Dropping interest rates below 2% set up the ZIRP-super low rates era, which stoked leveraged speculation and further increased already serious wealth inequality.

Federal Reserve minutes highlight deep fissures at US central bank Financial Times

AI

China to crack down on AI firms to protect kids BBC (Kevin W)

Class Warfare

Middle class households overwhelmed as US cost of living crisis spirals Telegraph

Antidote du jour (via):

And a bonus:

A second bonus:

And a third. Happy New Year!

See yesterday’s Links and Antidote du Jour here.

Print Friendly, PDF & Email





Source link

More From Author

Looking Back on 2025: A Year of Recalibration

Create a Water-Wise Garden Design That Isn’t Dry and Boring

Leave a Reply

Your email address will not be published. Required fields are marked *