Last week we discussed several Nobel Prizes that were not awarded in Medicine or Physiology, and I promised to return to the topic. Left out last week was the Nobel Prize never awarded to Rosalind Franklin, who provided the data that conclusively demonstrated the helical structure of double-stranded DNA, of which genes are made. The […]
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Friday, October 16, 2026
Coffee Break: Coffee Break: A Further Note During Nobel Prize Month
Topics: Coffee Break, Science and the scientific method, Social values
Posted by KLG at 2:00 pm | 3 Comments »
Fear and Loathing of MMT
Exploring how interest rates and foreign exchange could affect spending choices in an MMT-aware currency issuer.
Topics: Guest Post, Income disparity, Macroeconomic policy, Politics
Posted by Yves Smith at 9:55 am | 15 Comments »
Links 10/16/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 84 Comments »
What Is Happening With India’s Unified Payments Interface (UPI), the World’s Largest Real-Time Payments System?
For the first time since its launch a decade ago, merchants will soon have to pay fees to use the system. Some are suggesting that Washington may be behind the move.
Topics: Guest Post
Posted by Nick Corbishley at 6:34 am | 5 Comments »
West Asian War: Ansar Allah Hits Enemy HQ in Aden
Ansar Allah hit the enemy HQ in Aden and denied firing at Medina. CENTCOM claimed control of Hormuz as ship attacks hit new highs.
Topics: Doomsday scenarios, Energy markets, Middle East
Posted by Nat Wilson Turner at 6:05 am | 40 Comments »
The Mortality Costs of Climate Change
Rising temperatures inflict a higher mortality cost than other extreme weather events.
Topics: Environment, Global warming, Guest Post, Health care
Posted by Yves Smith at 2:29 am | 21 Comments »
It’s Official: Israel Will Dump the U.S. and Become ZISIS
Israeli strategists push decoupling from a waning U.S. as Israel veers toward a ZISIS model and risks internal collapse
Topics: Middle East, Moral hazard, Politics
Posted by Curro Jimenez at 2:00 pm | 34 Comments »
Americans Who Go to Church and Trust Science Are Also More Likely to Believe in Ghosts and Curses, New Research Shows
Who’d have thunk it? You can believe in science and rationality and also believe in ghosts.
Topics: Guest Post, Science and the scientific method, Social values
Posted by Yves Smith at 9:56 am | 50 Comments »
How Non-State Alliances Are Reshaping the Global Order
Non-state actors, aka rebels, are purportedly getting more external support. What are the roots of this shift?
Topics: Africa, Commodities, Doomsday scenarios, Economic fundamentals, Globalization, Guest Post, Middle East, Politics
Posted by Yves Smith at 9:34 am | 12 Comments »
Links 10/15/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 87 Comments »
Saudi National Arrested for Spying at OpenAI
Abdulrahman Alfozan, an OpenAI employee and a citizen of the Kingdom of Saudi Arabia has been arrested for attempting to bug a meeting room.
Topics: Guest Post
Posted by Nat Wilson Turner at 6:20 am | 25 Comments »
West Asia War: Riyadh Ravaged, Battles in Yemen, Iranian Mines Sink Ship
Saudi Arabia and Ansar Allah continued to trade bombs and ballistic missiles. Battles continue in Yemen. More ships hit in the Strait.
Topics: Doomsday scenarios, Energy markets, Middle East
Posted by Nat Wilson Turner at 6:15 am | 7 Comments »
Short Iran War + Ansar Allah v. Saudis Update
Today’s Iran war news: IIran and Ansar Allah have dug into “ever be escalating” mode as the US may be manning up too.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 12:10 am | 22 Comments »
Coffee Break: CoreWeave the Canary in the AI Credit Coal Mine?
CoreWeave had a brutal day on the stock and credit markets yesterday, and may indicate troubles coming for the broader AI industry.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 31 Comments »
Record Tanker Rates Leave Heavy Crude Stranded in the Americas
Nosebleed high tanker rates, thanks to Iran attacks on vessels, are producing oil supply chain breakage on the other side of the planet.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Globalization, Guest Post, Media watch
Posted by Yves Smith at 9:48 am | 15 Comments »


