this post was submitted on 05 Aug 2024
225 points (97.1% liked)

news

23650 readers
851 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today/ . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS
 

Well, Iran and their allies' response may happen sometime this week and apparently they aren't talking to the US in order to negotiate how and where they will hit Israel (and Shoigu arrived in Tehran rather auspiciously), the Bangladeshi government just fell, F16s have been given to Ukraine, there are fascist riots in the UK, and Japan just had its worst stock fall since 1987 and seems to be taking several other countries/corporations with it. I don't really know where to look right now.


The COTW (Country of the Week) label is designed to spur discussion and debate about a specific country every week in order to help the community gain greater understanding of the domestic situation of often-understudied nations. If you've wanted to talk about the country or share your experiences, but have never found a relevant place to do so, now is your chance! However, don't worry - this is still a general news megathread where you can post about ongoing events from any country.

The Country of the Week is Iraq! Feel free to chime in with books, essays, longform articles, even stories and anecdotes or rants. More detail here.

Please check out the HexAtlas!

The bulletins site is here!
The RSS feed is here.
Last week's thread is here.

Israel-Palestine Conflict

If you have evidence of Israeli crimes and atrocities that you wish to preserve, there is a thread here in which to do so.

Sources on the fighting in Palestine against Israel. In general, CW for footage of battles, explosions, dead people, and so on:

UNRWA daily-ish reports on Israel's destruction and siege of Gaza and the West Bank.

English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news (and has automated posting when the person running it goes to sleep).
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.

English-language PalestineResist telegram channel.
More telegram channels here for those interested.

Various sources that are covering the Ukraine conflict are also covering the one in Palestine, like Rybar.

Russia-Ukraine Conflict

Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict

Sources:

Defense Politics Asia's youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful. Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don't want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it's just the two of them if you want a little more analysis.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists' side.

Unedited videos of Russian/Ukrainian press conferences and speeches.

Pro-Russian Telegram Channels:

Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.

https://t.me/aleksandr_skif ~ DPR's former Defense Minister and Colonel in the DPR's forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster's telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a 'propaganda tax', if you don't believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.

Pro-Ukraine Telegram Channels:

Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.


you are viewing a single comment's thread
view the rest of the comments
[–] HotAtForty@hexbear.net 69 points 4 months ago* (last edited 4 months ago) (6 children)

Copy and pasting from CNN since linking to breaking news doesn’t let me link to the story itself

Stocks are tumbling. But, no, America's market is not "crashing”

The US stock market looks like it’s going to have another very rough day on Monday. But this is not what a market crash looks like.

US futures, which give investors a sense of how the market will open at 9:30 am ET, are sharply lower. Dow futures are down 800 points, or 2%. Futures for the broader S&P 500 are 2.9% lower. And futures for the tech-heavy Nasdaq, which entered correction territory (a 10% decline from the peak) fell 4.2%.

That’s bad, but it’s not close to historically bad. By comparison, Japan’s Nikkei 225 plummeted 12% Monday — that’s a crash.

The Dow’s worst drop, measured by points, in history, came in the early days of the pandemic: It fell 2,997 points on March 16, 2020, a decline of 12.9%. The broader S&P 500 fell 12% that day — the second-worst decline in history.

But that wasn’t even close to “Black Monday,” the worst US stock market crash ever. The Dow on October 19, 1987, fell 22.6% in a single session. That day, the S&P 500 nosedived 20.3%.

The US trading day hasn’t even begun, and strange things can happen when fear takes hold on Wall Street. But — at least so far — this is not what a market crash looks like.

My “the markets aren’t in melt down” shirt has people asking a lot of questions that are answered by my shirt.

Whatever you think is happening right now, the bank manager wants you to know that your money is safe and you should definitely exit the queue of people seeking to withdraw their money.

It’s SO fucking Joever.

[–] TheModerateTankie@hexbear.net 64 points 4 months ago

Watch how quickly liberals go from "bidenomics! Best economy ever!" to "actually, the president doesn't have much control over the whims of the market"

[–] Evilphd666@hexbear.net 45 points 4 months ago (1 children)

why-shouldnt-i I think I just might do a bank run today for shits and giggles

[–] HotAtForty@hexbear.net 49 points 4 months ago

Ask for nickels so at least you have the exchange value of the metal

[–] HotAtForty@hexbear.net 44 points 4 months ago* (last edited 4 months ago) (1 children)

The dominant emotion on Wall Street: Fear

Trading on the market is inherently risky, so two emotions tend to dictate the direction of stocks, bond, currencies and commodities: fear and greed.

So CNN Business created a Fear & Greed Index, a measure of market sentiment, analyzing seven different metrics.

Today, the Fear & Greed Index is pointing solidly to “Fear” and remains just a couple points away from “Extreme Fear.” That’s a big change: Just a week ago, the market was in “Neutral.”

Investors are worried that the economy is taking a turn for the worse, confirmed by Friday’s weak US jobs report and rising unemployment rate. Investors are also fearful that tech stocks may have been driven too high this year on hopes that AI could create a new wave of profitable technologies — risky applications that customers may hold off on buying if the economy heads south.

AI is making the economy much more efficient in the pace of boom & bust cycles

[–] OperationOgre@hexbear.net 40 points 4 months ago (2 children)
[–] vertexarray@hexbear.net 30 points 4 months ago (3 children)
[–] Parzivus@hexbear.net 21 points 4 months ago

THE NEEDLE IS BACK BABY

[–] MalarchoBidenism@hexbear.net 10 points 4 months ago (1 children)

Economic crisis got me like dean-frown but Wall Street feeling afraid got me like dean-malice

We should decouple these two things somehow thinking-about-it

[–] Assian_Candor@hexbear.net 24 points 4 months ago

Youve built a good society when all outcomes oscillate between these measures

[–] WIIHAPPYFEW@hexbear.net 37 points 4 months ago (2 children)

Volatility index is at 42.6 rn lmao

[–] riseuppikmin@hexbear.net 25 points 4 months ago

Here's why this is actually a good thing

[–] miz@hexbear.net 13 points 4 months ago

that means it could go up a lot, right? anakin-padme-2

[–] PorkrollPosadist@hexbear.net 30 points 4 months ago (1 children)

Color guard dweeb from Animal House screaming, "ALL IS WELL!"

[–] SteamedHamberder@hexbear.net 22 points 4 months ago

I believe that dweeb was Kevin Bacon

[–] carpoftruth@hexbear.net 27 points 4 months ago (1 children)

I mean a month ago spy was up 20% YTD which was pretty stupid. Now it is up 12% instead. This is blowing off steam, not some wild collapse. The expression is stairs up elevator down for a reason.

[–] HotAtForty@hexbear.net 14 points 4 months ago

You make good points

sicko-wistful