Stephen Loynd Profile picture
Jun 26 8 tweets 4 min read
"It’s too soon to say whether #climatechange is directly to blame for causing severe #heatwaves in these four powerhouse economies — which also happen to be the top emitters of heat-trapping gases — at roughly the same time, just days into summer."

nytimes.com/2022/06/24/cli…
1/ "While #globalwarming is making extreme heat more common worldwide, deeper analysis is required to tell scientists whether specific weather events were made more likely or more intense because of human-induced warming."
2/ "(A team of researchers who studied this spring’s devastating heat in #India found that climate change had made it 30 times as likely to occur.)"
3/ "With global warming, he said, 'we’re definitely getting more heat.' But climate change may also be affecting the way this heat is distributed around the world by globe-circling air currents, he said."
4/ "Soon, the world’s most devastating #heatwaves may simply have no historical analogue from the time shortly before humans starting pumping #greenhousegases into the atmosphere, some scientists argue, rendering obsolete the question of whether climate change is a main driver."
5/ "These 'dramatic' increases came as a surprise, said Deepti Singh, a climate scientist at Washington State University and an author of the study."
6/ "Scientists are working to pin down how the meandering of the #jetstream, which has long shaped weather patterns for billions of people, might be changing in this #warming era. One factor is the rapid warming of the #Arctic...."
7/ “'The longer a #heatwave lasts, the more you push natural and societal systems to the edge,' Dr. Kornhuber said."

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More from @loyndsview

Jun 27
"Russia defaulted on its foreign debt for the first time since 1918, pushed into delinquency not for lack of money but because of punishing Western sanctions over its invasion of Ukraine."

wsj.com/articles/sanct…
1/ "Russia missed payments on two foreign-currency #bonds as of late Sunday, according to holders of the bonds. The day marks the expiration of a 30-day grace period since the country was due to pay the equivalent of $100 million in dollars and euros to #bondholders."
2/ "Russia last failed to pay its foreign borrowing during the #BolshevikRevolution when #VladimirLenin, the newly installed communist leader, repudiated the debt of the Russian Empire."
Read 6 tweets
Jun 27
"... it points to an important lesson for the United States as it vies with #China for influence across the Pacific: you have got to show up. And the United States has not."

nytimes.com/2022/06/27/opi… #SolomonIslands #diplomacy
1/ "We get it. The #SolomonIslands is small, remote and economically insignificant. But if all countries like us are dismissed as such, China will pick us off one by one with its promises of business projects and development aid."
2/ "There is a creeping sense today that we are being ignored, if not forgotten. So who can blame us if we open the door to new friends who can help with our needs?

And those needs are great."
Read 7 tweets
Jun 26
"The killings last Monday, which led Pope Francis, himself a Jesuit, to bemoan #Mexico’s unrelenting violence, underscore how Mexican #organizedcrime groups rule over huge swaths of the country’s territory."

wsj.com/articles/killi…
1/ "Last year, U.S. Northern Command chief Gen. Glen VanHerck told a congressional committee that about one-third of Mexico’s territory is effectively run by organized crime groups. Mexico’s government denied the claim."
2/ "The two #Jesuits, Joaquín Mora, 80, and Javier Campos, 79, were killed inside their church, said Roberto Fierro, the attorney general of northern #Chihuahua state, where the killings occurred. Chihuahua is one of Mexico’s most violent states."
Read 13 tweets
Jun 26
"Across #China, the police are buying technology that harnesses vast #surveillance data to predict #crime and #protest before they happen."

nytimes.com/2022/06/25/tec… #Panopticon #Bentham #startups
1/ "The latest generation of technology digs through the vast amounts of data collected on their daily activities to find patterns and aberrations, promising to predict crimes or protests before they happen."
2/ "It takes extensive evasive maneuvers to avoid the digital tripwires."
Read 13 tweets
Jun 24
“'Every piece of real estate in #Bangladesh is populated, and this entire area is underwater,' said Sheldon Yett, the United Nations Children’s Fund representative to the country, referring to the northeast."

nytimes.com/2022/06/24/wor… #Sylhet #FinnegansWake
1/ "But this year, the #rains have been especially intense, a harsh reminder that #climatechange is bringing more extreme weather around the world."
2/ "In #China, where recent #flooding has displaced hundreds of thousands of people, the state-run news media reported this week that water levels had surged beyond flood levels in more than a hundred #rivers."
Read 9 tweets
Apr 24, 2021
"In a 2011 Times Op-Ed, Warren #Buffett decried the treatment of #carriedinterest, which allowed him to report a lower tax rate than his secretary. A minimum tax on millionaires was proposed shortly thereafter & dubbed the '#BuffettRule.'”

nytimes.com/2021/04/23/bus… #PrivateEquity
1. "The #carriedinterestloophole might finally disappear. Profits earned from funds owned by real estate investors & mgrs of #privateequity & #venturecapital firms are taxed as #capitalgains at about 20%, instead of as regular income, which is taxed at more than double that rate"
2. "#Privateequity executives are also worried that the Biden administration may limit the tax deductibility of corporate interest payments, which would be another hit to their business model."
Read 4 tweets

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