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Giant tortoise on track halts trains in England Agence France Presse
The pandemic impulse purchases we grew to hate Vox (Re Silc).
The Mediterranean as We Know It Is Vanishing Foreign Policy
Incorporating climate-related risks into international reserve management frameworks (PDF) Bank of International Settlements:
A significant methodological challenge is the difficulty in modelling climate factors and their connection to portfolio risk and return characteristics. The lack of comprehensive, timely and accurate climate risk data is another key challenge for reserve managers. Additionally, incorporating environmental social, and governance (ESG) considerations into international reserve management frameworks would need to be aligned with the pillars of safety, liquidity and profitability and also be consistent with central banks’ legal mandates. Despite these challenges, some reserve managers are gradually adding climate-related risk metrics into their risk management frameworks and are improving the disclosure.
Temporal dynamics of SARS-CoV-2 genome and detection of variants of concern in wastewater influent from two metropolitan areas in Arkansas Science of the Total Environment. From the Abstract: “A significant association was observed between viral titers in wastewater and recorded number of COVID-19 cases in the areas studied, except when assays failed to detect targets due to the presence of particular variants. These findings support the use of wastewater surveillance as a reliable complementary tool for monitoring SARS-CoV-2 and its genetic variants at the community level.” Note that in a university, a “community” can be as small as dorm. It all depends where you place the meter.
How the U.S. Let 20 Million Doses of Monkeypox Vaccine Expire NYT. Haven’t we seen this movie before?
Nancy Pelosi to meet Taiwan’s president on Wednesday FT. Three sources. I say it will happen because this is the stupidest timeline. Meanwhile:
President Joe Biden dispatched senior officials, including national security adviser Jake Sullivan, to lay out the risks to Pelosi, but people familiar with the situation said she had decided to press ahead with the landmark trip.
Lambert here: Pelosi stands to win with donors in her district* — some of whose largesse will be redistributed to other Democrats, consolidating Pelosi’s leadership position — and no doubt her husband is shorting the appropriate stonks. For Pelosi, that’s what’s going on, and that’s all that’s going on. Biden surely knows this, and so he’s either complicit or weak. “That’s quite an act. What do you call it?” “The Democrats!” NOTE * CA-12, 31.9% “Asian,” median household income $120,290, ka-ching.
Nancy Pelosi to Visit Taiwan Despite Warnings From China WSJ. Single-sourced to “a person.” Meanwhile:
Xiamen Airline announced that it is adjusting some of its flights due to the air traffic control and some think the move could be related to US House Speaker Nancy Pelosi’s reported visit to Taiwan.
— William Yang (@WilliamYang120) August 2, 2022
Why Pelosi’s Visit to Taiwan Is Utterly Reckless Thomas Friedman, NYT. Shaking my head in agreement with The Moustache of Understanding; it’s a funny old world. (Worth a read for the Ukraine material as well; sounds like the Administration has been sharing concerns with him.)
China suspends imports of multiple Taiwanese food brands Focus Taiwan. Pretty mild?
* * *
China’s 7nm chip surprise reveals more than Beijing might like The Register. “The 7nm process is a copy of the N7 node TSMC put into mass production four years ago. China has had access to any number of ex-TSMC engineers and is spending infinite money to play chip catch-up, so the existence of a cloned fab still two cycles behind earns a ‘well done, I guess’ by itself.”
Funding Myanmar’s Spring Revolution The Diplomat
Myanmar military still trying to boost international tourism Pattaya Mail (Furzy Mouse). Hotel workers learning Russian and Chinese.
Inside Southeast Asia’s Casino Scam Archipelago The Diplomat
Expectations for India’s Used International Bandwidth (report) Telegeography
New Not-So-Cold War
Ukraine Ships Grain at Last. It Will Take Far More to Slow Global Hunger.NYT. Now they tell us!
“America First” Hawks Admit US Weapons in Ukraine are Plunging Down a “Black Hole” Michael Tracey. To emerge somewhere. But where?
Beware of war predictions: Ukraine’s outcome is not yet written The Hill. The view from KaganWelt.
In Kosovo as in Ukraine, the Same Western ‘Invisible Hand’ Foments Conflict Internationalist 360°
James Webb Space Telescope’s 1st stunning photo is now a dress Space.com. Pretty slow for fast fashion. What was the holdup?
SEC charges 11 people in alleged $300 million crypto Ponzi scheme NBC. “Crypto Ponzi Scheme” is redundant, no?
Crypto Crash Leaves NWSL Players Empty Handed as League Mulls Cash Payout Sportico. NWSL = National Women’s Soccer League.
Basically, web3 developers gave user “root” (password “password”) admin privileges. Hilarity ensued:
1/ Nomad just got drained for over $150M in one of the most chaotic hacks that Web3 has ever seen. How exactly did this happen, and what was the root cause? Allow me to take you behind the scenes 👇 pic.twitter.com/Y7Q3fZ7ezm
— samczsun (@samczsun) August 1, 2022
One might wonder whether the developer/insiders got a(n untraceable) cut of the bounty, and whether this is the usual practice….
6-month remittances total up 16% over last year Mexico News Daily
Social capital II: determinants of economic connectedness Nature and commentary, The power of friendships between poor kids and rich kids Axios. Why not invite Maria’s kids over while she’s cleaning the granite countertops?
How Toxic Is Masculinity? The New Yorker
The Aging Student Debtors of America The New Yorker
The Elusive Origin of Zero Scientific American
Antidote du jour (via):
See yesterday’s Links and Antidote du Jour here.