This Week in the World Affairs Brief

THE AGE OF ABUNDANCE IS NEARLY OVER

This week’s title comes from a substack essay by “Bianka” of “waronomics” entitled, “The Age of Abundance is Over.” She makes the point that with today’s AI and robotic-driven global manufacturing, coupled with “just in time” replenishment of stockpiles, rather than warehousing, the world is being set up for a devastating economic collapse when the global supply chain breaks down from unreliable electricity and disruptions to the fragile worldwide trade and transportation network. Although she has precious little understanding of the resilience of peacetime markets, her predictions will mostly come true from another factor she doesn’t understand—the role war will play in the near future. Ultimately she is wrong about it being already “over” but it is getting close to being over, in part because of Trump’s continuing mishandling of the unnecessary Iran war, which is impacting oil, fertilizer, and LNG shipments around the world. Think what would happen with a war with China which supplies about 80% of key industrial and consumer goods to the West. Hardly anything we consume in the US doesn’t have some Chinese components which will cease to flow when WWIII begins. Bianka’s essay is a good reminder to us all about the importance of preparing against the inevitable and severe shortages to come. To receive a free, one-time copy of the Brief, along with options on how to subscribe, click on Request a sample on the left

Also:
  • Trump’s Iran War Drags On
  • The War Against RFK Jr. and the MAHA Vaccine Movement

Daily News

Trump Pursues Diplomatic Off-Ramp As Omani Delegation Arrives In Tehran: Report

ZeroHedge

Trump's order to hold fire was given several hours after an Omani delegation arrived in Tehran Friday for talks on a new arrangement to reopen the Strait of Hormuz. Two regional sources with knowledge of the negotiations said progress has been made in the talks and that an agreement between Oman and Iran could be reached over the weekend. More color: Trump's decision reflects both his willingness to provide more space for diplomacy and a recognition that — short of a return to major combat operations — the current level of U.S. strikes has reached the limit of its effectiveness. If Trump orders a return to strikes, the U.S. military can mobilize on relatively short notice. The U.S. military is still preparing plans for a possible return to major combat operations, but Trump hasn't given orders to move in that direction, the sources said.

America’s 250th

The Epoch Times

For the celebration, we have opened all the content of our “America's 250th” history and civics hub—a site we created for this special milestone. Free access will remain until July 31 for nonsubscribers, so take the opportunity to share it with those in your circle.

Smokey skies does not mean global warming

American Thinker

every inhabited continent is running below its recent average for area burned this year, with Africa, the Americas, and Europe at record lows. Those are remarkable statistics. They don't mean wildfires have disappeared or that smoke isn't a serious public health concern. They simply demonstrate that the broader wildfire picture is very different from the one often portrayed in daily news reports.

US Bombing Campaign Effectiveness In Doubt As Iranians Rebuild At Rapid Pace

ZeroHedge

Everything from roads to bridges to tunnel entrances have also be restored at surprising speeds, which also suggests the US bombings have had a rallying effect among civic workers and the broader population in support of the nation and the government. WSJ offers but one example as follows: "Near Kangavar, in western Iran, satellite imagery from Planet Labs in March showed two tunnel entrances and an access road damaged by airstrikes aimed at blocking access to an Iranian missile base. Within weeks, imagery from Airbus revealed a neatly paved road leading to freshly excavated entrances."

Yet Another Wildberries Facility - Russia's Amazon - Goes Up In Flames After Ukraine Drone Strike

ZeroHedge

NBC News has noted, "Wildberries, whose banking arm had sanctions imposed on it by the European Union this week over its financial contribution to the Russian budget, plays a central role in Russia’s consumer economy." "Its targeting by Ukraine appears to be part of Kyiv’s attempts to ensure ordinary Russians feel the impact of the war which has raged on Ukrainian territory for more than four years," the report adds.

The United Nations Has Run Out Of Alibis

The Epoch Times

Institutions built to prevent atrocities eventually face the question of what they actually protect. For the United Nations, voting patterns, internal investigations and its own decisions this year no longer support the fiction of neutrality. An UNRWA school in Gaza sat above a Hamas tunnel shaft and three anti-tank positions, and its own principal was on the payroll of both institutions at once - a fact that American investigators, not the UN, brought to light.

The United Nations Has Run Out Of Alibis

The Epoch Times

Institutions built to prevent atrocities eventually face the question of what they actually protect. For the United Nations, voting patterns, internal investigations and its own decisions this year no longer support the fiction of neutrality. An UNRWA school in Gaza sat above a Hamas tunnel shaft and three anti-tank positions, and its own principal was on the payroll of both institutions at once - a fact that American investigators, not the UN, brought to light.

Four Republicans Side with Democrats to Kill NDAA Amendment Banning Trans-Identifying People from Military Service

Breitbart

The House rejected an amendment to the National Defense Authorization Act (NDAA) on Tuesday that would codify President Donald Trump’s executive order banning transgender-identifying people from military service. Four Republicans joined Democrats to kill the amendment, sponsored by Rep. Lauren Boebert (R-CO), by a slim margin of 212-217. The four Republicans who voted with Democrats are Reps. Brian Fitzpatrick (R-PA) and Mike Lawler (R-NY) — who both represents districts that voted for Kamala Harris — and Reps. James Moylan from Guam and Kimberlyn King-Hinds from the Northern Mariana Islands.

Watch: Ukraine, Iran Tensions Run High In Rare Rubio-Lavrov Meeting

ZeroHedge

Lavrov underscored in the meeting "the unacceptability of further arming" Ukraine and accused European countries of pursuing Russia's "strategic defeat." The Kremlin has of late warned the West of its growing direct involvement in targeting Russian energy sits as part of Ukraine's long-range drone operations, which have unleashed serious damage on oil production and export infrastructure.

IRGC To Trump: Strike Iran's Infrastructure, We'll Shut Off The Gulf's Power

ZeroHedge

More Tanker Attacks: Iran-backed Houthi militants said they targeted two Saudi Arabian tankers in the Red Sea Trump ultimatum: Trump vowed the US will strike an Iranian bridge or power plant after every Iranian attack on shipping. Iran responds: The IRGC threatened to hit Gulf energy infrastructure if Iranian infrastructure is attacked, saying it will cut off electricity among US allies. Latest Gulf missile attacks: Iran claimed attacks on US-linked targets in Bahrain, Saudi Arabia, and Jordan. Nuclear tensions: Iran denied nuclear activity at Pickaxe Mountain, calling US claims a 'fabricated pretext' for attack. Oil climbs: Renewed Gulf attacks and shipping threats continued to lift oil prices.

"He Was Very Close To Being Arrested": Epstein's Paris Model Scout Found Dead At Home, Weeks After CNN Appearance

ZeroHedge

officially, nobody knows anything yet. Siad's lawyer told Reuters that "Daniel Siad never stopped proclaiming his innocence" - and that her client died of a heart attack. To AFP, she was more careful, saying that if it was a heart attack, the strain and anxiety of the case will have played its part. The autopsy, presumably, will referee. And if that first statement sounds familiar, it should: when Jean-Luc Brunel was found dead in 2022, his lawyers announced that "Jean-Luc Brunel never stopped declaring his innocence." The French defense bar evidently keeps the line on file.

Drone War Enters Terrifying New Phase As Russia Deploys 300-MPH Jet-Powered Shahed

ZeroHedge

Dramatic footage posted on X shows what appears to be a Russian Geran-4 jet-powered, one-way attack drone striking a passenger train in Ukraine. If authenticated, the footage shows just how rapidly drone warfare is evolving beyond conventional two-stroke power plants toward miniature turbojets that sharply increase speed, compress warning and response times, potentially render many existing small-drone interceptors ineffective, and accelerate the overall tempo of combat across modern battlefields.

'Going Dark': The High-Tech Tricks Behind Illegal Chinese Fishing In The Pacific

The Epoch Times

The interception of a Chinese vessel accused of illegal fishing highlights the technical lengths many use to remain undetected across millions of square kilometres of open ocean. Tuvalu Police operating on a Sea Shepherd patrol boat boarded and arrested a Chinese longliner, the Lu Rong Yuan Yu 138, on July 9 for allegedly illegally operating within the small South Pacific nation's waters.

Zelensky Boasts Of Hits On 3 Russian 'Shadow Fleet' Tankers After Kiev Military Depot Leveled

ZeroHedge

Russia overnight and into early Sunday morning unleashed what Ukrainian officials have described as its largest barrage of ballistic missiles focused on Kiev of the war. Among the key targets was a large complex owned and operated by UKRTAC, a Ukrainian producer of military gear and personal protective equipment. Its manufacturing facilities and warehouses in the capital were destroyed in the assault.

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