Saturday, June 28, 2025

In Court Testimony, Climate Scientists Rebuke Montana for Support of Fossil Fuels

The landmark trial marks the first time in US history that kids are testifying in court about the effects of climate change on their wellbeing.

Powell on the New Hawkishness in the Dot Plot and on Inflation: “We See that it Tells Us that We Need to Do More”

The Fed’s Powell: Core inflation “has not really moved down. It has not reacted much to our rate hikes. We’re going to have to keep at it.”

2:00PM Water Cooler 6/14/2023

~ Today’s Water Cooler ~

Annual Numbers of Excess Deaths in the US Relative to Other Developed Countries Are Growing at an Alarming Rate

America continues to be exceptional, here in our level of excess deaths.

Links 6/14/2023

Energy Destinies – Part 1: Power Needs and Sources – Balancing Barrels

Satyajit Das provides a series on the energy transition, starting with the historical role of energy and supply and demand patterns.

What’s Behind the US-Driven Reforms Coming to the World Bank? 

Former Mastercard CEO Ajay Banga takes over as World Bank president as the organization is embarking on a series of reforms requested by Washington.

“Properly Measured Inflation Is No Longer a Significant Issue . . .”

The data say many meaures of inflation have moderated and energy prices are down. Readers?

2:00PM Water Cooler 6/13/2023

~ Today’s Water Cooler ~

As Wildfire Smoke Clears, Scientists Warn Air Quality Impacts Aren’t Over

As bad air becomes a new normal, advanced economies grapple with impact of sooty wildfire smoke on top of existing pollutants.

Links 6/13/2023

Central Bank of Nigeria’s Governor Suspended and Arrested After Waging All-Out War on Cash

For the moment, it is not entirely clear why Godwin Emefiele has been removed from his post and detained by Nigeria’s secret police, but there are a whole slew of possible reasons. 

Michael Hudson at Global University, Hong Kong, on Ukraine, Europe, China, and the Dollar’s Future

Michael Hudson gives a globe-spanning look at recent economic and geopolitical events.

How This Regional Bank Mortgage Lender Crisis is Different

Every bank crisis has its own overarching narrative and streams of sub-narratives that course through the marketplace day to day.

2:00PM Water Cooler 6/12/2023

~ Today’s Water Cooler ~