NunoSempere
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User ID: 1101
NunoSempere
9d ago
Not an effort post, but two paragraph in a weekly brief my team writes:
In a unanimous ruling, the US Supreme Court ruled that a trucking freight broker could be sued for arranging freight shipments using trucking companies they hired negligently, e.g., ignoring red flags. This ruling upends the freight trucking industry and could push many smaller motor carriers and freight brokers out of business and many drivers out of trucking. Insurance costs for brokers are expected to increase by a factor of 5 to 10, and some brokers may not be able to obtain insurance at all. Truckload spot rates are spiking. At least some companies with spotty track records can no longer get loads to drive as brokers are already making more careful selections. Increasing trucking freight prices are likely to drive additional inflation faced by both producers and consumers.
A shortage of synthetic industrial lubricants is anticipated to start affecting the US and Europe over the coming weeks. Production at the Shell Pearl GTL facility in Ras Laffan, Qatar was halted after the facility was struck by Iran in March. The Shell Pearl facility, together with far smaller facilities in the UAE and Bahrain, produced 20-30% of the world’s supply of Group III base oils. These base oils are used in a variety of applications, including synthetic motor oils and automatic transmission fluid. Lower-quality base oils can be substituted for Group III base oils in some of these applications better than in others. Shortages of products containing Group III base oils can be expected to start appearing by June and July, as retailers face losses of new supplies; price increases are expected, and some products are likely to be reformulated.
NunoSempere
10d ago
a community of needy weaklings
There is power here though, in coordinating people who were doing badly but could achieve their potential with some slack, and building some self-reinforcing loop. To some extent this is part of how I've structured my career, as I find e.g., American programmers to be expensive, but there is talent to be found shifting the bowels of the internet and arbitraging people who should or could have had a better lot.
Just a thought.
NunoSempere
18d ago
Extremely low
NunoSempere
25d ago
I sometimes wonder what the optimal thing is for someone who is the target of redistribution is to do
Personally I moved to Paraguay.
NunoSempere
25d ago
Some headlines I'm reading:
Geopolitics
Oil retreats after hitting four-year high @ $126 a barrel on concern of US-Iran war escalation | Reuters
Europe
Middle East
Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends, officials say
Iran
Commercial flights from Tehran’s main airport resume amid cautious normalcy US-Israel war on Iran News Al Jazeera
Newly Deciphered Sabotage Malware May Have Targeted Iran's Nuclear Program
Iran 'to end Strait of Hormuz blockade' if Trump accepts major nuclear weapons concession
US official says Iran war truce 'terminated' hostilities for war powers deadline | Reuters
Leader of Islamic Ummah and Oppressed Imam Ayatollah Seyyed Mojtaba Khamenei Declares Plan to Establish 'New Legal Rules' in Strait of Hormuz
Asia
Once on the back foot, Myanmar's military now looks set to resume offensive in bloody civil war
China Hosts Pakistan-Afghanistan Talks in Urumqi to Ease Border
Africa
Darfur: Two decades on, a new generation of children faces 'horrific violence' | UN News
Nigeria: Amnesty Raises Alarm Over Alleged Deaths of 150 Fulani Detainees in Kwara Camp
Mali army bases hit in large-scale attacks claimed by al Qaeda-linked militants | Reuters
Biorisks
Antibiotic Resistance Might Get a Boost from Droughts
A.I. Bots Told Scientists How to Make Biological Weapons - The New York Times
9k+ measles cases in South Darfur — vaccinations intensify across Sudan
Since the disappearance of H2N2 from the human population in 1968, global H2 immunity has been decreasing (review article)
Fast and accurate TB test that doesn't need phlegm
Artificial Intelligence
Deploying AI Capabilities for Defensive Cybersecurity
Pentagon AI chief confirms DoD's expanded use of Google Gemini
Google Moves Forward With Pentagon AI Deal Despite Employee Pushback - CNET
Pentagon spending on drones jumps from $225M to $55B in one year
More tech
Climate and Nature
Carbon pollution is making food less nutritious, limiting uptake of minerals, perhaps leading to e.g. iron or zinc deficiencies.
Here I'm just speculating, but there are frictions. You can't just boot up a relatively capital intensive business just like so?
More options
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