Abbas Araghchi, Iran’s foreign minister, said last week that Tehran would hold the U.S. responsible if Israel carries out military strikes on its nuclear facilities after a report emerged out of Washington that the Israelis have been planning an attack.
ECONOMIC UPDATE—MARKET OVERVIEW
As we had forecast, a Top Trend that would be dealt this year is a Wild Card. And week after week, month after month it is a socioeconomic and geopolitical game changer.
CORPORATE DEBT RISK: THIS IS THE SILENT COLLAPSE
CORPORATE DEBT RISK: This IS The Silent Collapse. And Its Building Beneath the Market/Economy.
MOODY’S DOWNGRADES U.S. CREDIT RATING
On 16 May, Moody’s Ratings became the last of the three major credit rating agencies to lower its estimate of the U.S. government’s creditworthiness.
AI PROFIT, SAFETY AND POLITICS: A PRIMER FOR DECIPHERING LEGACY MEDIA COVERAGE
Partisan legacy media has an expansive definition of “AI safety” that is often used in articles to advocate for “woke” and “politically correct AI” under the guise of safety, in the same breath that it warns that AI might be doing things like secretly replicating itself, and lying to researchers about its activities.
U.S. HAS NO INTEREST IN FORCING ISRAEL TO END ITS GENOCIDE IN GAZA
Steve Witkoff, U.S. President Donald Trump’s special envoy, told officials last week that the administration will not force Israel to stop its genocide in Gaza, despite the worsening humanitarian conditions inside the enclave.
CHRONIC DISEASES UNDERMINING HEALTH GAINS IN THE U.S.
The U.S. is losing ground to other peer countries in life expectancy over the past decade, and researchers blame the prevalence of chronic disease for the lack of momentum.
Global Economy
GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Federal job cuts continue under Elon Musk and the Department of Government Efficiency. Government contractors are seeing slowdowns in government spending and cutting staff due to reduced business. Booz Allen, which relies heavily on government contracts, will lay off 2,500 people.
The Israel War
‘GAZA IS OURS’: THOUSANDS OF ISRAELIS TORMENT PALESTINIANS ON JERUSALEM DAY
Thousands of Israelis celebrated Jerusalem Day like they do every year: stage a massive Flag March through Jerusalem’s Old City where they can gleefully torment the Muslim population there by chanting slogans like, “Death to Arabs” while the Palestinians can do nothing because these marchers are backed by Israeli forces.
END OF LIFE ON EARTH: TEHRAN SAYS IT WILL HOLD THE U.S. RESPONSIBLE IF ISRAEL ATTACKS ITS NUKE SITES
Abbas Araghchi, Iran’s foreign minister, said last week that Tehran would hold the U.S. responsible if Israel carries out military strikes on its nuclear facilities after a report emerged out of Washington that the Israelis have been planning an attack.
IDF MASSACRES 9 CHILDREN OF GAZAN DOCTORS AT HOME IN KHAN YOUNIS
The Israeli military launched a missile strike on a home in Khan Younis that killed nine of 10 children of two Gazan doctors, which “encapsulates the ongoing genocide faced by the Palestinian people in Gaza,” according to the enclave’s media office.
Trends in AI
LLOYD’S OFFERS INSURANCE AGAINST AI MALFEASANCE
Lloyd’s of London, the legendary insurance pool covering high and odd risks, now will cover damages awarded by courts for companies sued when their AIs hallucinate or otherwise fail to perform as expected.
BLACKROCK BACKS AWAY FROM BROAD EQUITY MARKET, BETS MORE ON AI
Blackrock, the world’s largest private equity firm, is reducing its holdings in U.S. equities in general and pouring more cash into its iShares AI Innovation and Tech Active Exchange-Traded Fund (ETF).
META STUMBLES, DELAYING THE RELEASE OF ITS NEW AI
Meta has delayed releasing the latest version of its “Behemoth” AI after internal questions arose about whether the improvements were enough to warrant a new release, The Wall Street Journal reported.
Hi-Tech Science
SOUND MAY BE THE NEW OZEMPIC
It’s been known for decades that playing music near plants will make them grow bigger and faster. Now scientists in Japan have found that playing a musical tone at animal fat cells in a lab dish curbs their development by as much as 15 percent.
“SUPERWOOD” GOES COMMERCIAL
This summer, the startup InventWood will begin mass-producing “SuperWood,” a super-densified wood that the creators say is 10 times stronger than the original tree.
DISSOLVING PLASTIC WASTE USING COMMON MATERIALS AND AIR
Scientists are creating next-generation methods to recycle plastic without using the toxic solvents still common in many processes.
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