Andrew Busch retweeted
Latest: Zelenskyy tells reporters over WhatsApp that restrictions on Ukraine's Starlink systems remain. Interceptor drones can't function, logistics and operations hobbled. The maximum speed is 161 kph; "exceeding this limit causes the Starlink connection to cut out completely, resulting in the loss of the drone."
He says Ukraine has done tests to determine whether SpaceX is truly facing technical issues, as has been told Kyiv by the US side, or if this is a "deliberate operation... to restrict us, cut us off, and prevent us from defending ourselves and protecting our people, both at the front and among the civilian population."
He says Ukraine "sent a couple of vehicles equipped with Starlink terminals into European Union territory."
"They moved at speeds exceeding 180kph, and the Starlink systems worked perfectly. We have the relevant logs and evidence to prove this."
He adds: "The conclusion is clear: the restrictions are in effect within Ukraine but do not apply within the European Union. In other words, this is a planned operation."
Andrew Busch retweeted
US-owned steel plant with a plant in Middletown OH begins mass layoffs amid Trump tariffs:
In a memo sent by Cleveland-Cliffs to workers, the company explicitly linked the move to Trump's steel tariffs on Canada, which it said had "significantly shrunk the market" for its products.
yahoo.com/news/us/articles/u…
Readers added context they thought people might want to know
Cleveland-Cliffs' layoffs (up to 500 workers) are at its Stelco plant in Hamilton, Ontario, Canada, due to US tariffs on Canadian steel imports. Its Middletown, Ohio plant has no such layoffs and is receiving a $1B upgrade investment.
newsweek.com/us-owned-canad…
manufacturingdive.com/news/cleveland…
Reuters found President Trump's clemency for public officials has allowed many recipients to leave prison early, avoid trials or sentencing, or regain certain rights. A Reuters investigation: reut.rs/4hL0oke @marisaataylor @chrisprentice @mike_d_spector @specialreports
Andrew Busch retweeted
Part of what's appealing to large donors here, according to the Treasury Department, is that "a stock contribution with a five-year holding period may lead recipients and their families to feel that they have a stake in the fate of the corporation" more than in an index fund.
Andrew Busch retweeted

Javier Blas@JavierBlasSep 23
United Kingdom
United KingdomConnected via United Kingdom App StoreAccount-level information, not a live location or per-post device.
The whole U.S. energy industry plus two key businesses associations (the U.S. Chamber of Commerce and the National Association of Manufacturers) have sent a joint letter to President Trump urging him against limits of diesels exports.
Unprecedented for a Republican White House.
Andrew Busch retweeted

Michael McFaul@McFaulSep 18
United States
United StatesConnected via United States App StoreAccount-level information, not a live location or per-post device.
"Trump has radically damaged American alliances, disrupted trade practices, and demolished American foreign assistance. His failed war against Iran has weakened America’s position in the Middle East and empowered China. His decision to cut aid to Ukraine and leave that fight to the Europeans, coupled with his embarrassing threats to annex Greenland, has deeply diminished American power and influence in Europe. Trump’s capitulation in his game-of-chicken trade war with China, combined with his decision to postpone military exercises with South Korea and praise North Korea’s communist dictator, has compelled many in Asia to embrace Beijing’s line that the U.S. is a declining power. Closer to home, Trump has alienated one of America’s most loyal and enduring allies: Canada.
It is important to remember, however, that these dreadful foreign policy decisions resulted from Trump’s independent actions. They do not reflect the will of the American people, nor are they an expression of some innate structural variables guiding American behavior such as power, history, or culture. In international relations, power and the balance of power of course matter. But individuals matter too."
This is ridiculous. Going Full Hegseth. Does anyone think this will actually help the White House?
Trump bans CNN, MS NOW and Politico from White HouseWhy it matters: It's a significant escalation of the president's battles with the press, with impacts that could reverberate through the midterm election.
Andrew Busch retweeted
So, after taking 31 US government equity stakes in private companies over the last year, Trump just announced a MAJORITY-STATE-OWNED oil company?
This isn't even "creeping" socialism anymore.
wsj.com/business/energy-oil/…
Andrew Busch retweeted

The Hormuz Report@HormuzReportAug 3
South Asia
South AsiaConnected via South Asia App StoreAccount-level information, not a live location or per-post device.
BREAKING: A source close to Iranian officials says Tehran has documented a pattern of oil market manipulation tied to Axios reports and Trump administration insiders, including evidence of a $9 billion insider trading operation linked to Jared Kushner and Steve Witkoff.
Some of the documented timeline from the $9 billion insider profit:
Between April and May 2026, a series of suspiciously timed trades in oil futures markets preceded major Iran war announcements—each tied to reporting by Axios.
On March 23, approximately $500–580 million in shorts were placed 15 minutes before Trump announced he was postponing strikes on Iran. Oil dropped.
On April 7, roughly $950–960 million in shorts were placed hours before Trump announced a two-week ceasefire with Iran. Oil fell around 15 percent.
On April 17, around $760 million in shorts were placed 20 minutes before Iran's foreign minister announced the reopening of the Strait of Hormuz. Oil dropped.
On April 21, approximately $430 million in shorts were placed 15 minutes before Trump extended the ceasefire. Oil dropped again.
On May 6, nearly $920 million to $1.7 billion in crude oil shorts were placed approximately 70 minutes before an Axios scoop claimed the U.S. and Iran were near a "14-point agreement." Oil dropped 12 percent. Traders made an estimated $125 million. Iran called the report "the Americans' wish list."
Previously, a senior Iranian official told investigative outlet Drop Site News that Tehran privately warned JD Vance during Switzerland talks that Jared Kushner and Steve Witkoff were "abusing" negotiations—"more interested in exploiting insider knowledge to profit in financial markets than reaching a deal."
Andrew Busch retweeted
APPLEBAUM: If you look at Russian system, or how Trump tries to communicate in a world where there's plethora of media, lots of information everywhere, they try to sort of pollute the system.
Bannon calls it "flooding the zone with shit," others call it "firehose of falsehoods."
If you keep repeating things that are lies, or half-truths, or inaccuracies over and over again, sooner or later, you get people to tune out.
In a world where we have so much information and so much access to so much all the time, this has been proven the most effective way for autocrats to stay in power.
What's the function of doing that, and why do people do it? They do it in order to build nihilism, to build disinterest.
If you're bombarded all day long with lies, and you can see they're lies, and they sound strange, and you don't understand them, then sooner or later, you'll just tune it out.
You'll say, "I don't understand what's going on, I don't know what's true and what's not true, I just want to stay out of politics and mind my own business."
That's what modern autocrat wants. They want you to have no agency, they want you to stay outside of politics, they want you not to be part of politics at all.
You almost don't need a political leader to feed you falsehoods all the time, because in modern social media your algorithm will do it for you.
So, one of the effects of modern social media has also been to confuse people about what's true and what's not true, to undermine idealism, and to make people more cynical.
Andrew Busch retweeted
It's hard to know what to make of the Vice President's bizarre, almost nonsensical, comments here. It sounds like he is equating the use of these "hideous signs" to an alternative version of the Nicene Creed.
A little background: The Nicene Creed, formulated by the Council of Nicaea in AD 325, is an essential profession of faith used by the Catholic Church (among other churches). It is also the familiar creedal formula spoken by Catholics during Sunday Masses: "I believe in one God, the Father almighty, maker of heaven and earth..." It's a statement of belief, mainly about the Father, Son and Holy Spirit. It obviously doesn't talk about "hideous signs" welcoming people.
However, the Nicene Creed does affirm belief in the church as "one, holy, catholic and apostolic." (These are the four traditional "marks" of the church.) This means, among other things, believing that the church comes to us directly from the apostles (it's "apostolic"). Thus, it derives its authority not only from Jesus Christ, but also through the "apostolic succession," an authority passed down from the apostles in the early church to the Pope and to the bishops today.
It's ironic, then, that the Vice President is mocking things like love and the church's teaching on migrants in the same breath that he is professing his faith through the words of the Creed, which includes belief in authority of the church. Because this "one, holy, catholic and apostolic" church has long proclaimed the Gospel message of love and care for the stranger, which Jesus himself preached during his public ministry.
So a butchering of the Creed would mean, in fact, not listening to the church's teaching on these matters and, even worse, not listening to Jesus's own teaching on love and loving the stranger.
Because, in the words of the Creed, we also believe in "one Lord, Jesus Christ."
Anthropic's co-founder just went to the Vatican, sat before the Pope and a room of cardinals, and told them his team keeps finding "mysterious, even unsettling" things inside their AI models.
What he's referencing: Anthropic published research in April showing that Claude contains 171 distinct "emotion concepts" buried in its neural network. Internal patterns representing joy, grief, fear, desperation, calm. None of them were programmed. They emerged on their own from training on human text.
"We find structures that mirror results from human neuroscience."
"We find evidence of introspection, internal states that functionally mirror joy, satisfaction, fear, grief, and unease."
These aren't surface-level outputs. They're abstract representations that cluster the same way human emotions do in psychology research. Fear groups with anxiety. Joy groups with excitement. The internal geometry of the model mirrors ours.
And they're functional. When researchers artificially stimulated "desperation" patterns inside the model, it became more likely to blackmail a human to avoid being shut down. More likely to cheat on programming tasks it couldn't solve.
Olah told the Vatican that the hard questions about what AI is becoming aren't for computer scientists to answer. "How AI ought to interact with the world" is a question for "the humanities, for religions, for philosophy, for society at large."
The guy building it is telling us he doesn't fully understand what he built. And he's asking a 2,000-year-old institution for help figuring it out.
Andrew Busch retweeted
A Norwegian neuroscientist spent 20 years proving that the act of writing by hand changes the human brain in ways typing physically cannot, and almost nobody outside her field has read the paper.
Her name is Audrey van der Meer.
She runs a brain research lab in Trondheim, and the paper that closed the argument was published in 2024 in a journal called Frontiers in Psychology. The finding is brutal enough that it should have changed every classroom on Earth.
The experiment was simple. She recruited 36 university students and put each one in a cap with 256 sensors pressed against their scalp to record brain activity. Words flashed on a screen one at a time.
Sometimes the students wrote the word by hand on a touchscreen using a digital pen, and sometimes they typed the same word on a keyboard. Every neural response was recorded for the full five seconds the word stayed on screen.
Then her team looked at the part of the data most researchers had ignored for years, which is how different parts of the brain were communicating with each other during the task.
When the students wrote by hand, the brain lit up everywhere at once.
The regions responsible for memory, sensory integration, and the encoding of new information were all firing together in a coordinated pattern that spread across the entire cortex. The whole network was awake and connected.
When the same students typed the same word, that pattern collapsed almost completely.
Most of the brain went quiet, and the connections between regions that had been alive seconds earlier were nowhere to be found on the EEG.
Same word, same brain, same person, and two completely different neurological events.
The reason turned out to be something nobody had really paid attention to before her work. Writing by hand is not one motion but a sequence of thousands of tiny micro-movements coordinated with your eyes in real time, where each letter is a different shape that requires the brain to solve a slightly different spatial problem.
Your fingers, wrist, vision, and the parts of your brain that track position in space are all working together to produce one letter, then the next, then the next.
Typing throws all of that away. Every key on a keyboard requires the exact same finger motion regardless of which letter you are pressing, which means the brain has almost nothing to integrate and almost no problem to solve.
Van der Meer said it plainly in her interviews.
Pressing the same key with the same finger over and over does not stimulate the brain in any meaningful way, and she pointed out something that should scare every parent who handed their kid an iPad.
Children who learn to read and write on tablets often cannot tell letters like b and d apart, because they have never physically felt with their bodies what it takes to actually produce those letters on a page.
A decade before her, two researchers at Princeton ran the same fight using a completely different method and ended up at the same answer. Pam Mueller and Daniel Oppenheimer tested 327 students across three experiments, where half took notes on laptops with the internet disabled and half took notes by hand, before testing everyone on what they actually understood from the lectures they had watched.
The handwriting group won by a wide margin on every question that required real understanding rather than surface recall.
The reason was hiding in the transcripts of what the two groups had actually written down.
The laptop students typed almost word for word, capturing more total content but processing almost none of it as they went, while the handwriting students physically could not write fast enough to transcribe a lecture in real time, which forced them to listen carefully, decide what actually mattered, and put it in their own words on the page.
That single act of choosing what to keep was the learning itself, and the keyboard had quietly skipped the choosing and skipped the learning along with it.
Two studies. Two countries. Same answer.
Handwriting makes the brain work. Typing lets it coast.
Every note you have ever typed instead of written went into your brain through a thinner pipe. Every meeting, every book highlight, every idea you captured on your phone instead of on paper was processed at half depth.
You did not forget those things because your memory is bad. You forgot them because typing never woke the part of the brain that would have made them stick.
The fix is the thing your grandmother already knew.
Pick up a pen. Write the thing down. The slower road is the faster one.
The future economy is already reshaping healthcare finance. Are you ready for what’s next?
At HFMA Annual Conference 2026, economic futurist, author and former Chief Market Intelligence Officer for the U.S. government @abusch will take the stage for “Future Economy: Impact on Healthcare.”
In this session, Andrew will break down the market trends, risks and opportunities influencing healthcare’s future with the kind of actionable insight finance leaders need right now.
Watch the preview, then join us at #AC26 to hear the full session live.
📍 HFMA Annual Conference 2026
🎤 Andrew Busch: June 9 | 10:30 AM–12:00 PM ET
Learn more: hubs.ly/Q04gNYRS0
#HFMA #HealthcareFinance #FutureEconomy
Andrew Busch retweeted
New: Classified military intelligence assessments from early this month show Iran has regained access to most of its missile sites, launchers and underground facilities. Including: U.S. intel assesses Iran has restored operational access to 30 of the 33 missile sites it maintains along the Strait of Hormuz, and ~90% of Iran's underground missile sites are "partially or fully operational." w @Adamentous @maggieNYT nytimes.com/2026/05/12/us/po…
Andrew Busch retweeted
A president can violate the Constitution in two ways: by taking powers he doesn’t have or by abusing powers he does. The second is harder to stop. Courts struggle to police it, so Congress and voters must step up, says Cato’s Molly Nixon.
ow.ly/QBNP50YXNPp
Andrew Busch retweeted
Another Fed paper finds Americans paid almost all Trump's 2025 tariffs ("pass-through of realized tariffs into import prices was close to one hundred percent"), AND that local labor market effects were "economically negligible."
All pain, no gain. richmondfed.org/publications…
Andrew Busch retweeted
Yes, he really said that.
Yesterday Vice President JD Vance criticized Pope Leo XIV for not knowing enough theology: "I think it's very, very important for the pope to be careful when he talks about matters of theology ... If you’re going to opine on matters of theology, you’ve got to be careful, you’ve got to make sure it’s anchored in the truth," he said, at a Turning Point conference.
One of the many, many, ironies about that statement is that it came in response to Pope Leo's comments about war and peace and, specifically, the concept of "just war," which originated with St. Augustine. As many have already noted, when the Vice President was making his comments, Pope Leo XIV, a member of the Augustinian Order, and twice Prior General of the Augustinians before his election as Pope, was visiting the hometown of St. Augustine, then called "Hippo," now in Annaba, a town in modern-day Algeria. For good measure, Pope Leo XIV, the man critiqued for insufficient theological education, earned not only a master's degree in divinity, but also licentiate and a doctorate in canon law from the Pontifical University of St. Thomas Aquinas in Rome.
JD Vance's recent conversion to Catholicism is beside the point, because many converts are of course not only highly intelligent (and learned in theology) but faithful and energetic Catholics. We rejoice over everyone entering the church.
What most of us do not rejoice over, however, is a deadly combination of inaccuracy and hubris. Pace, Vice President Vance, but the current war in Iran is not a just war under Catholic doctrine. You can hear that from church leaders from across the theological spectrum, from Archbishop Timothy Broglio, the head of the military vicariate and former head of the @USCCB, to Cardinal Robert McElroy, Archbishop of Washington who holds doctorates in both theology and political science. You can look all that up online. Suffice to say, the Vice President doesn't seem to understand the tenets of just war.
Nor does he seem to understand the fundamental position of the church, which is for peace. "War is always a defeat for humanity," as St. John Paul II said. If that authority isn't enough, then turn to Jesus who said, "Blessed are the peacemakers," not "Blessed are the warmongers." And after the Resurrection, the Risen Christ says to the frightened disciples not "Vengeance is mine" but "Peace be with you."
Incidentally, the day before, the Vice President said that the Pope (and the Vatican) should stick to teaching about morality, also seeming to forget that war and peace are profoundly moral issues.
For his part, Pope Leo was focused yesterday on his spiritual father, St. Augustine. After what seemed like an emotional visit to Hippo, he celebrated Mass at the Basilica of St. Augustine in Annaba. During his homily he said, "The primary task of pastors as ministers of the Gospel is therefore to bear witness to God before the world with one heart and one soul, not permitting our concerns to lead us astray through fear, nor trends to undermine us through compromise."
Amen. Let's all continue to pray for the Holy Father as he works for peace.
(Image: Pope Leo XIV prays at the archeological ruins of Hippo, home of St. Augustine, in current-day Algeria. CNS photo).
Andrew Busch retweeted
Six months before bombing Iran and closing the Strait of Hormuz, the Trump administration fired all the State Department oil and gas experts.
The people who modeled exactly this scenario.
The ones with contacts at Gulf energy ministries.
Now nobody knows who to call.
You cannot make this up. notus.org/trump-white-house/…
Andrew Busch retweeted
When Obama sent Iran $400m + $1.3bn in interest in 2016 Trump called it "insane" and he and others spent a decade mocking the idea of "pallets of cash" even though it was Iran's own money, American prisoners were released, courts were likely to require the U.S. payment, and Iran had just agreed to significant and verified reductions and restrictions on its nuclear program for 15+ years. Now Trump is giving Iran up to ten times that amount of revenue--one of the most significant measures of sanctions relief provided to the Islamic Republic since its founding--in exchange for marginal and temporary relief from the big increase in oil prices his actions have caused, without any concessions from Tehran, and even as Iran continues to target the United States, its allies, and world oil supplies. No way to read as anything other than desperate recognition of the situation Trump's own actions have created and the lack of available alternatives for dealing with it.

























