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US Mortgage Rates Tumble To Lowest Level Since April

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US Mortgage Rates Tumble To Lowest Level Since April

Authored by Naveen Athrappully via The Epoch Times,

The average 30-year fixed-rate mortgage fell to 6.63 percent for the week ending Aug. 7, the lowest level since April, according to new data from Freddie Mac.

“The decline in rates increases prospective homebuyers’ purchasing power and our research shows that buyers can save thousands by getting quotes from a few different lenders,” Sam Khater, Freddie Mac’s chief economist, said in an Aug. 7 statement.

In an Aug. 7 commentary, Lisa Sturtevant, chief economist at real estate data company Bright MLS, said that while mortgage rates dropped for the third straight week, it isn’t clear whether the trend will continue.

Rates could fall if the economy seems to be on a decline, or may remain high if inflation risks are elevated, she added.

Sturtevant said buyers were also holding back from purchasing homes due to factors such as general uncertainty. Meanwhile, sellers are holding back as they don’t think they’ll get their desired price in the current market, said the chief economist.

“There will be a lot of data coming out in the weeks ahead that could help us get a better handle on where mortgage rates will trend as we head into fall. But it’s very likely that a lot of the data will send conflicting signals,” Sturtevant said.

“The best thing a prospective home buyer can do is to be sure they have their financial ducks in a row and work with a trustworthy and knowledgeable real estate professional so they can be prepared to act if and when rates drop further.”

A cooldown in home price growth and supplies outstripping demand are also contributing toward favorable conditions for buyers, real estate brokerage Redfin said in an Aug. 7 statement.

A person with a monthly housing budget of $3,000 can now afford a higher-priced home due to the lower mortgage rates.

Many sellers are willing to renegotiate prices, with some accepting bids under the asking price or providing freebies to close the deal, according to the brokerage.

“Serious homebuyers should consider taking this window of opportunity to act fast and lock in a mortgage rate,” said Chen Zhao, Redfin’s head of economics research.

“Last week’s soft jobs report ups the chances of the Fed cutting interest rates in September. The market’s anticipation of that cut has already pushed mortgage rates down, and there’s no guarantee they’ll fall further. There’s a chance mortgage rates could fluctuate when more economic data is released in the coming weeks.”

Fed Rates, Affordability

In its recent July meeting, the Federal Reserve kept its benchmark interest rate unchanged for the fifth straight time in a range of 4.25-4.5 percent.

The Fed rate is a major influence on mortgage rates. The longer the Fed keeps its benchmark rates higher, the more difficult it typically would be for mortgage rates to come down.

Federal Reserve Bank Chairman Jerome Powell told reporters that the agency has adopted a wait-and-see approach.

“Higher tariffs have begun to show through more clearly to prices of some goods, but their overall effects on economic activity and inflation remain to be seen,” he said.

At the policy meeting, Fed Board of Governors member Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman dissented on keeping rates stable and advocated for rate cuts.

Bowman echoed the sentiment recently after Bureau of Labor Statistics data showed that July added a smaller-than-expected 73,000 new jobs. The unemployment rate rose to 4.2 percent, and the agency revised previous data to show job gains had slowed significantly over the past three months.

During an Aug. 9 speech at the Kansas Bankers Association, Bowman said that there may be a “significant softening in labor demand.”

“My Summary of Economic Projections includes three cuts for this year, which has been consistent with my forecast since last December, and the latest labor market data reinforce my view,” she added.

The Fed has three more policy meetings this year. If the central bank were to cut the benchmark rates in any significant manner, mortgage rates could drop further.

According to an Aug. 6 Redfin statement, the income needed to afford a median-priced home has decreased in 11 of the 50 most populous American metro areas, with the company attributing the better affordability to a decline in home prices.

Oakland, California, saw the largest dip, with required income falling 4.6 percent year-over-year. This was followed by West Palm Beach, Florida; Jacksonville, Florida; San Diego, California; and Tampa, Florida.

“We’ve been in a buyer’s market for the past eight months. If your home isn’t in 10/10 condition and priced at or below market value, it’s going to linger on the market,” said Katie Shook, a Redfin Premier real estate agent in Phoenix.

Tyler Durden
Tue, 08/12/2025 – 09:20

Musk Accuses Apple Of “Unequivocal Antitrust Violation” For Favoring OpenAI In App Store Rankings

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Musk Accuses Apple Of “Unequivocal Antitrust Violation” For Favoring OpenAI In App Store Rankings

Elon Musk threatened Apple with “immediate legal action” over what he claims is the Big Tech firm, led by Tim Cook, giving preferential treatment to OpenAI in its App Store popularity rankings. 

“Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation,” Musk wrote on X, adding, “xAI will take immediate legal action.” 

“Why do you refuse to put either X or Grok in your ‘Must Have’ section when X is the #1 news app in the world and Grok is #5 among all apps? Are you playing politics?” Musk wrote in a separate post.

Currently, xAI’s Grok artificial intelligence bot sits No. 6 in the App Store, with OpenAI’s ChatGPT holding the No. 1 spot. Sensor Tower data shows ChatGPT ranks at the top on the Google Play Store. 

The remarks come amid Apple’s AI partnership with OpenAI and Musk’s long-standing feud with CEO Sam Altman, dating back to their split as OpenAI co-founders.

In April, U.S. District Judge Yvonne Gonzalez Rogers in Oakland found that Apple violated a court order mandating competition in its App Store, and referred the company to federal prosecutors for a criminal probe. The antitrust lawsuit was first filed by Epic Games.

And the feud continues…

. . .  

Tyler Durden
Tue, 08/12/2025 – 06:55

Age-Restricted Taxi Tracking? The Absurd Consequences Of Britain’s Online Safety Act

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Age-Restricted Taxi Tracking? The Absurd Consequences Of Britain’s Online Safety Act

Authored by Philip Leith via DailySceptic.org,

I was recently travelling in the UK and, after a lot of sightseeing on foot, decided to order a taxi to go back to my hotel.

I searched the internet for a local taxi firm and found one with relative ease. I called the number and went through an automated process which worked well. I managed to book a taxi quickly. The computer-generated voice told me that my taxi was on its way. I was sent a link so that I could monitor the progress of my taxi. The message also said that I would know the taxi driver’s name and the type of vehicle and registration number that was on its way.

When I clicked on the link I was forwarded to this:

I can’t understand why anyone would consider a link to show you the progress of a taxi that you have ordered to be age-inappropriate content.

I can only assume that it is to do with the recent Online Safety Act, although coincidentally I had recently changed mobile providers, so it might purely have been that the mobile provider that I’d switched to had a different standard as to what was considered adult content.

I doubt this on the basis that the company I moved to, Talkmobile, is a wholly owned subsidiary of the company I had used previously, Vodafone, and, as you can see, the block was from Vodafone.

Whoever has decided that this link contains age-restricted content hasn’t necessarily thought this through.

Consider the scenario where a 17 year-old girl can’t get hold of her parents and it’s too far away or she does not want to walk home, so she orders a taxi through a reputable taxi service.

A link is sent to her so she can see the progress of the taxi that she has ordered.

Of course, she can’t open it because it’s considered age-inappropriate and, being only 17, she’s not in a position to prove that she’s over 18 and thus get the link to the taxi.

Thankfully it’s rare, but we do know that there are predators out there who will look for people who are vulnerable, and it’s not difficult to spot someone who’s waiting for somebody to pick them up or waiting for a taxi, because every time a car approaches the person will look up from whatever they’re doing to see if it’s the car that’s picking them up.

All it would take would be for a predator to be around at that time, pull the window down and say, “Did you call for a taxi?” and, of course, because she’s just ordered one, she believes this is her taxi, so she gets in, perhaps never to be seen again — all because some moron has decided that a link to follow the progress of a taxi is something you’re not allowed to see if you’re under the age of 18.

How many other innocuous things have been blocked because of this Online Safety Act, and by doing so, are children really any safer?

Tyler Durden
Tue, 08/12/2025 – 06:30

Ukrainian Population’s Support For War Effort Collapses, Poll Shows

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Ukrainian Population’s Support For War Effort Collapses, Poll Shows

There’s some interesting and vital data which was released last week, just ahead of this coming Friday’s historic Trump-Putin summit in Alaska, which will focuse on finding a solution to ending the Russia-Ukraine war, though the US leader has just tempered expectations by calling it a “feel-out meeting”.

Gallup released a poll last Thursday which demonstrates a dramatic shift in Ukrainian public opinion, with 69% of the population now favoring a negotiated settlement to end the grinding war as soon as possible.

General war weariness has long been a feature of the conflict, which has been raging for over 540 days at this point, and has taken at least tens of thousands or possibly hundreds of thousands of lives. Many Ukrainians fled abroad during the first year, and huge amounts of people are still internally displaced in the war-ravaged country.

The fresh Gallup poll found that just 24% support continuing the fight until achieving a military victory, which is a stark reversal from views held at the start of the war more than three years ago.

And yet this undefined goal of ‘pushing on until victory’ seems to remain the Zelensky government’s policy. The Ukrainian leader has shown no signs whatsoever of being willing to make significant compromise to find a lasting truce, including on territorial concessions.

There was a similar Gallup survey of the Ukrianian population closer to the beginnign war, in 2022. At that early point Gallup found that 72% of Ukrainians wanted to keep fighting, while just 22% supported peace talks.

But since then Russia’s strategy has become clear – to use its overwhelming manpower and artillery and missile supply to steadily grind down Ukraine’s dwindling manpower and resolve.

It has become a war of attrition, and Russia has shown itself steady and prepared for such a long conflict. And this is probably why the same survey found that Ukrainians’ hopes for swift admission into either the EU or NATO are fading.

The more evident it becomes that Russia is ‘winning’ the war – the less that the West’s political establishment wants to risk, also amid fears of potential run-up to direct confrontation between NATO and Moscow.

At the same time Ukrainians’ outlook on Washington has turned more negative:

In reviewing the findings, Gallup offers the following conclusion…

“Support for the war effort has declined steadily across all segments of the Ukrainian population, regardless of region or demographic group.”

It continued, “This shift comes as diplomatic efforts gain new traction. Ukrainian President Volodymyr Zelenskyy has signaled readiness for direct talks with Russian President Vladimir Putin…”. However, the reality remains is that neigher side has yet budged from their respective ‘maximalist’ conditions for truce.

Tyler Durden
Tue, 08/12/2025 – 05:45

Why France’s Boomers Will Delay Deficit Reduction Indefinitely

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Why France’s Boomers Will Delay Deficit Reduction Indefinitely

By Jean Dalbard, Bloomberg Markets Live reporter and strategist

France continues to fall short on fiscal consolidation. Recent data from Insee suggest that the heavy reliance on direct transfers by certain social groups, particularly pensioners, combined with their growing electoral heft, may be a key constraint. These factors make it harder for the government to undertake significant fiscal adjustments without running the risk of political instability.

Based on these findings and given the proximity to local (1Q26) and presidential elections (2Q27), we continue to think there is a good chance the recently announced consolidation package of roughly €44 billion will target public services, rather than direct transfers. We can’t dismiss the chance of it being substantially watered down.

Social Groups Reliance on Public Transfers

Forces Hindering Fiscal Consolidation

France has historically struggled to reduce its fiscal deficit. One key reason: spending cuts tend to affect the groups with the most electoral influence. This was illustrated in late 2024, when then-Prime Minister Michel Barnier proposed delaying the price indexation of pensions in the 2025 budget. The aim was to save up to €4 billion, but his government was ultimately brought down by a censure motion which was backed by a majority of parties claiming to defend pensioners.

In a 1989 working paper, the authors (Alesina and Drazen) noted that social groups can indeed strategically postpone much-needed fiscal consolidation. These groups delay measures in the hope that the associated costs will eventually be borne by another group. In such settings, fiscal adjustments rely on less-vocal social groups, or are triggered by a crisis or an external shock, such as a loss of investor confidence.

A Much-Needed Fiscal Adjustment

Deteriorating fiscal arithmetics and a sluggish growth outlook has made deficit reduction in France increasingly urgent. The primary balance required to stabilize the debt-to-GDP ratio between 2026 and 2030 is estimated at –0.7%. But France’s track-record is weak: the average primary balance from 2002 to 2019 reached -1.9%, and is projected to reach –2.3% on average over 2026-2030.

Meanwhile, the population remains deeply divided about how to reduce spending, despite becoming increasingly aware of the country’s risky fiscal outlook. Public debt has emerged as a top-five concern in opinion polls.

Large Consolidation Needed to Stabilize Debt

Mapping Affected Groups

To understand why spending-led fiscal consolidations are so hard to deliver, we use a recent dataset provided by the Insee to estimate the potential cost of austerity for different social groups. This dataset offers information on household total income, before and after direct and indirect public transfers.

Direct transfers include all monetary transfers such as pensions, unemployment benefits, and subsidies. Indirect transfers capture the imputed value of public services received, including healthcare, education, or housing assistance.
Based on this data, we construct two exposure metrics: (1) direct exposure, defined as the ratio of direct transfers to total income; (2) indirect exposure, defined analogously for indirect transfers. The higher a group’s exposure, the more costly spending cuts would be for them.

We visualize these relationships using a bubble chart (see first chart), where the position of each social group reflects its exposure, and the size of each bubble corresponds to its share in the total population. These social groups are not mutually exclusive. The chart highlights which groups are more dependent on public redistribution and are therefore more likely to resist or delay a fiscal adjustment.

Vulnerable to External Shock

Under this framework, pensioners emerge as the social group that would bear the highest direct cost from any reduction in direct transfers, which account for nearly 60% of their total income. They are followed by individuals with lower secondary diplomas, for whom direct transfers, and notably unemployment benefits, represent close to 40% of their income.

Both groups also exhibit high levels of indirect exposure, with indirect transfers representing around 40% of their initial income (before redistribution). Across the population, however, the level of indirect exposure is lower and more evenly distributed.

These findings confirm that fiscal consolidation through cuts to public services may encounter less political opposition, as there’s a smaller share of the population has high indirect exposure. On the other hand, targeting direct transfers (such as pensions) is likely to face strong resistance, given that boomers are among most affected and now account for more than 50% of the electorate.

All this hinders the government’s ability to prevent fiscal slippage and leaves the country susceptible to external shocks, such as a loss of investor confidence. Still, there is a high risk that Prime Minister Francois Bayrou’s consolidation measures will be undercut by political concessions during the autumn parliamentary debates.

Tyler Durden
Tue, 08/12/2025 – 05:00

Cracks Appear In NATO Unity Ahead Of Alaska Summit On Ukraine Territorial Concessions

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Cracks Appear In NATO Unity Ahead Of Alaska Summit On Ukraine Territorial Concessions

Poland’s Prime Minister Donald Tusk, as head of NATO’s largest and most well-armed ‘eastern flank’ country, expressed both concern and cautious optimism on Monday ahead of the upcoming Trump-Putin summit set in Alaska, focused on the war in Ukraine.

Tusk emphasized ‘hope’ based on Washington’s assurance that it would consult its European allies before the talks. “The US has committed to consulting with its European partners ahead of the Alaska meeting,” Tusk told a press conference. “I will wait to see the outcome of the talks between Presidents Trump and Putin — I have many concerns, but also some hope.” But he also laid out, “The West, including European countries, will not accept Russian demands which simply amount to the seizure of Ukrainian territory.”

Tusk further stressed that European leaders were united in their stance on peace negotiations, insisting that Ukraine must be actively included in any talks.

But the reality and elephant in the room is that Moscow is not going to sign onto a final peace settlement and halt its special military operation for nothing short of territorial concessions. It is not going to give up its conquered territories in the Donbas, which it has already declared part of the Russian Federation.

“For Poland and our partners, it is clear: borders cannot be altered by force,” Tursk said. “Russia must not gain from its aggression against Ukraine.”

The rest of European leadership clearly agrees with him. “As we work towards a sustainable and just peace, international law is clear: All temporarily occupied territories belong to Ukraine,” EU foreign policy chief Kaja Kallas has said. “A sustainable peace also means that aggression cannot be rewarded.”

And yet, on Sunday NATO Secretary General Mark Rutte actually for the first time opened the door a little on the question of territorial concessions:

“In the end, the issue of the fact that the Russians are controlling at this moment, factually, a part of Ukraine has to be on the table” in any peace talks after the Alaska summit, NATO Secretary General Mark Rutte said on CBS on Sunday.

Rutte said Ukraine’s Western backers “can never accept that in a legal sense,” but he suggested that they might tacitly acknowledge Russian control.

He compared it to the way that the U.S. hosted the diplomatic missions of Estonia, Latvia and Lithuania from 1940 to 1991, “acknowledging that the Soviet Union was controlling those territories, but never accepting (it) in a legal sense.”

He explained, “When it comes to the entire issue of territory, when it comes to recognition, for example, perhaps in a future agreement, that Russia actually controls part of Ukrainian territory, that must be an actual recognition, not a de jure political recognition.”

Watch Turk lay down Europe’s red lines on negotiations and what’s at stake:

Does this reflect Trump’s thinking too? If there’s any hope whatsoever of making headway with Putin in Alaska, this will indeed have to be on the table. Otherwise there will be no point in talking and the whole meeitng will prove futile in terms of finding a settlement.

Still, what Russia will come a away with is a big diplomatic win regardless – just in the optics alone – in the fact that ‘isolated’ Putin is given a face-to-face bilateral summit with Trump.

Tyler Durden
Tue, 08/12/2025 – 04:15

Germany’s Federal Employment Agency Is Promoting Welfare Benefits To Young Migrants

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Germany’s Federal Employment Agency Is Promoting Welfare Benefits To Young Migrants

Authored by Thomas Brooke via Remix News,

Germany’s Federal Employment Agency is actively promoting the country’s “citizen’s benefit” (Bürgergeld) to young migrants, presenting it online as a straightforward and appealing option for those without work.

A dedicated section of the agency’s website, written in English for “people from abroad,” features a smiling young couple — including a man in his early thirties holding a book and a woman in a hijab — under the headline:

“If you are unable to finance your own living expenses, under certain circumstances the Jobcenter will support you with the citizen’s benefit.”

The site outlines that the benefit is a state welfare payment for those with “no income or who do not earn enough money” to support themselves and their dependents. Basic eligibility criteria are listed plainly: “You are capable of working,” “You are at least 15 years old,” and “You live in Germany and the center of your life is here.” The guidance stresses that applicants need not be elderly or unfit for work — those under 15 or unable to work can also receive support if they are part of a “community of need” with someone who qualifies.

Alongside the requirements, the website presents the process as quick and simple. A prominent red box invites visitors to “apply online,” advising them that if they already have an account, they can begin their application “immediately.”

The page also sets out obligations for recipients — attending Jobcenter appointments, informing the agency of any changes in personal circumstances — but the overall tone is one of ease and accessibility.

Writing in Focus, columnist Jan Fleischhauer uses the site as a starting point for a broader critique of Germany’s welfare policy toward migrants. He notes that “one in two recipients of the citizen’s benefit doesn’t have a German passport,” and says the warm, promotional tone of the agency’s online material undermines political claims that immigration is essential to sustain the social safety net.

“Germany is so generous that it not only explains to immigrants from abroad how to get a job, but also how to make ends meet in Germany without one,” he writes.

Fleischhauer argues that few countries would so openly market their welfare systems to newcomers, and that the policy has been “a complete success” in driving take-up among non-citizens. He points to the steady rise in costs — from €39 billion in 2022 to €47 billion in 2024 — not including accommodation and healthcare expenses.

He also highlights Health Minister Nina Warken’s proposal to shift medical costs for Bürgergeld recipients out of health insurance budgets and into general taxation, claiming advocates of the benefit “fear nothing more than transparency” about the true financial burden.

Remix News has reported often on the imbalance between German citizens and foreigners receiving welfare benefits. In November last year, we cited statistics from the Federal Employment Agency (BA) which showed that of the 4 million people who can work but receive social benefits in Germany, more than 2.5 million have a migration background, constituting 63.5 percent of all recipients.

This group includes foreigners and those who have a foreign background, which means their parents may have been born abroad.

In June, Bild reported how nearly half of Germany’s €17.68 billion in housing support for 2024 was paid out to foreigners, citing government data.

The money, distributed under the citizen’s benefit system, was used to cover rent, heating, operating costs, and deposits for low-income residents.

Of the total, €8.15 billion went to people without German citizenship, even though they make up just around 15 percent of the population.

The remaining €9.53 billion went to German citizens — this includes German-born individuals and those born elsewhere who have become naturalized.

Following its electoral success, the Christian Democratic Union (CDU) vowed to address the rising costs of immigrants claiming benefits.

Its General Secretary, Carsten Linnemann, warned against this trend in April. “Once again, it shows how urgently this citizen’s allowance needs to be abolished.” He said the new government, which his party will lead, will “tackle this quickly.”

Read more here…

Tyler Durden
Tue, 08/12/2025 – 03:30

Push To Cut Livestock For Climate Goals (Due To Burping & Farting) Worries UK Farmers, Ecologists

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Push To Cut Livestock For Climate Goals (Due To Burping & Farting) Worries UK Farmers, Ecologists

Authored by Owen Evans via The Epoch Times (emphasis ours),

UK government advisers have urged deep cuts to the country’s cattle and sheep numbers to reduce the overall levels of methane emissions.

Officials insist no mass cull is planned.

But farmers are concerned that it’s part of a growing push to reduce livestock levels, which could sacrifice traditional grazing and damage the fragile ecosystems it supports. 

The UK’s net-zero policies go further than those of the European Commission, where cattle farms remain outside regulatory crosshairs until next year.

In February, the UK’s independent adviser on climate action, the Climate Change Committee (CCC), whose advice strongly guides government policy, recommended a 27 percent decrease in cattle and sheep numbers by 2040 in order to reduce greenhouse gas emissions.

According to the UK government, agriculture is the country’s largest source of domestic methane emissions, accounting for 49 percent of total emissions. Of this, around 85 percent of agricultural methane comes from cows and other ruminant animals through enteric fermentation and is released as mostly burps but also flatulence.

One discussed option in the House of Lords Environment and Climate Change Committee’s 2024 report as a mitigation strategy included “reducing ruminant livestock numbers, enabled by dietary change and reduced food waste.”

‘It’s Completely Backwards’

Britain’s livestock farms, which are mostly grass-based, are integrated into the iconic patchwork countryside, with sheep and cattle grazing in open fields divided by hedgerows and stone walls as part of a complex natural ecosystem.

Alan Hughes, a fourth-generation tenant farmer who is part of the Farmers to Action agricultural rights campaign, told The Epoch Times that wider net-zero proposals on livestock ignore the ecological function of grazing.

“It’s completely backwards to stop grazing. It causes fires, which then releases far more CO₂ than the livestock sequence by grazing,” he said.

He added that without sheep grazing, “sheep don’t eat the dry matter,” which then turns to kindling.

“This then starts wildfires, from the peat and from the crops which should have been eaten by the sheep, which causes a massive release of CO₂,” he said.

Beyond fire risk, Hughes said that reducing livestock also damages food security and degrades natural ecosystems.

“The biggest issue we’re going to have before long is not enough protein to feed our population, which is why they’re looking at bugs,” he said.

“If they force us to do more, I call it ‘less natural’ ways of production. If you don’t have livestock grazing, you don’t have the manure or improve the biodiversity of soil, and that’s when you get soil erosion, which causes deserts, or you’re forced to do vegetable crops.

“Now, when you plow up a field for vegetable crops, you kill the root structure of grass. Now that then turns to methane and carbon dioxide, which is actually released.”

When asked for comment, the Tenant Farmers Association pointed The Epoch Times to a statement made in February by Chief Executive George Dunn that also pushed back against the CCC’s recommendations

“Livestock farmers are merely recycling carbon sequestered from the atmosphere in the grass that they grow, together with the hedgerows and trees existing on their holdings,” the group said.

“However, they are also the custodians of a massive carbon bank in their soils that have locked up carbon for the benefit of the nation and the world.”

Campaigners

The CCC’s recommendations carry legal and political weight because of the UK’s 2008 Climate Change Act, which legally commits the country to net‑zero by 2050. The UK is one of only a few countries to tie net-zero objectives into law with a statutory obligation.

Campaigners are using this law to enable government action.

Chris Packham, a naturalist and BBC TV presenter, used the Act in 2023 to challenge then-Prime Minister Rishi Sunak’s delay of heat pump and electric car targets. The case reached a legal settlement in October 2024 after the new Labour government said the previous administration had acted unlawfully.

Packham, with his co-founded group Wild Justice, is now focusing on Dartmoor, a vast moorland in the county of Devon, Southwest England, blaming sheep for biodiversity loss.

The presenter said in a July Guardian op‑ed that “livestock—particularly sheep—continue to destroy what little heather moorland is left.”

The group, represented by environmental law firm Leigh Day, is taking legal action against the Dartmoor Commoners’ Council, which represents local farmers with traditional grazing rights, under environmental and conservation regulations, rather than the Climate Change Act.

Supporters of sheep farming, such as The Moorland Association, say that sheep have been grazing Dartmoor for thousands of years.

“They have been quietly grazing Dartmoor for around 3,500 years, long before the Industrial Revolution left its mark. It seems unfair to lay today’s environmental problems at the hooves of animals that have coexisted with this landscape for millennia,” it said.

‘Tension’

By contrast, the European Union has so far targeted only the largest pig and poultry farms with binding emissions rules.

Cattle farms remain outside the current scope pending a formal evaluation by 2026.

A 2023 research paper published in peer-reviewed journal La Revue de l’OFCE suggested that EU cattle herds may need to shrink by around 16.3 million head to deliver around 30 percent greenhouse gas reductions by 2030.

Ecologist and rangeland researcher Pablo Manzano said that the wider debate could be overlooking ecological realities.

“They want to go against livestock, and particularly against extensive, grazing livestock, because they consider it something that triggers climate change,” he told The Epoch Times.

However, he said that grazing livestock is needed to maintain biodiversity in Europe.

“This is widely understood by the people that work on ecosystems,” he said.

“So at the end of the day, there is a tension between the people caring about climate and the people caring about biodiversity—in the sense that biodiversity protection allows for a climatic burden to be born in order to protect biodiversity.”

Manzano’s research has found that historic populations of wild herbivores on the planet were at similar levels to domestic herbivore biomass across the world, demonstrating they have played an ongoing role in balancing ancient ecosystems for millions of years.

But he said the U.N. Convention on Climate Change classifies managed lands as emission sources, without factoring in key ecological dynamics.

“If they were reverted to the natural state, it means that its emissions should not be considered as anthropogenic, because they are part of the natural emissions of an ecosystem,” he said.

“And it not only happens with grazing livestock, it also happens with, for example, when we plant rice in a wetland, wetlands have a lot of emissions also. They don’t differ much from the emissions of rice.”

To prevent livestock emissions, some policymakers are promoting intensification rather than traditional grazing as the solution.

“To intensify them … so that you would lower the footprint per kilogram of products. That’s definitely in the discussion,” he said.

“You don’t only need to understand a little bit of your gas concentration in the atmosphere, you also have to have a little bit of understanding on ecology: niche ecology and wide ecosystem ecology. So I think a lot of people also get lost in these things.”

‘A Symbiotic Relationship’

Author and farmer Jamie Blackett told The Epoch Times that he shared Manzano’s view that anything “that is a natural process is something that should be encouraged as much as possible.”

“There is a symbiotic relationship between grazing cattle and the insects that live in their dung, the birds that eat the insects. Without cows, there are no cow pats, and without cow pats, there are no insects. Without insects, there are no birds. That’s how it works,” he said.

He said his own farm is not yet directly affected by net‑zero livestock rules but that “there is always the threat.”

A spokeswoman for the CCC pointed The Epoch Times by email to a statement in its Seventh Carbon Budget, which urged the government to provide “incentives and address barriers for farmers and land managers to diversify land use and management into woodland creation, peatland restoration, bioenergy crops and renewable energy.”

The report also recommended providing “long-term certainty on public funding for farming practices and technologies which reduce emissions from managing crops and livestock.”

Wild Justice did not respond to The Epoch Times’ request for comment.

Tyler Durden
Tue, 08/12/2025 – 02:45

Western Europe Wants War In Ukraine To Continue, Even Without The Americans

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Western Europe Wants War In Ukraine To Continue, Even Without The Americans

Via Remix News,

A Polish political scientist and journalist, Prof. Adam Wielomski, has taken to social media to claim Western European leaders do not seek a ceasefire in Ukraine at all, while the U.S. and Russia have their terms set and ready to go. 

According to Wielomski, Trump and Putin have already made an agreement and will simply use their Aug. 15 meeting in Alaska to announce it “with great pomp and circumstance.”

Meanwhile, talk of Zelensky being present at the meeting is in no way related to Zelensky having any say on the negotiated terms, he continues, but to show that Zelensky is on board and to have him sign the pre-arranged agreement. 

The issue, however, is that “Zelensky does not want to sign because he is afraid of being held responsible for losing the war.”

And Western Europe stands behind him “because it wants the war to continue despite the withdrawal of the Americans, as this will give it fuel and an excuse to eliminate American control over it in the form of NATO and give it a reason to create either a European Defense Union or to federalize the EU with a common foreign and defense policy.”

Wielomski then asks the “intelligentsia” who will benefit the most, Kyiv or Moscow, from the Americans withdrawing, leaving Zelensky only with the U.K. and the EU to support it. 

News portal Do Rzeczy reported on a document signed over the weekend by European leaders, committing to continued support of Ukraine and financing its ongoing needs. President Macron, Prime Minister Meloni, Chancellor Merz, Prime Minister Tusk, Prime Minister Starmer, President von der Leyen, and President Stubb all signed the statement regarding “peace for Ukraine in connection with the planned meeting between President Trump and President Putin.”

Included in the document was their concern that serious negotiations can only take place under conditions of a ceasefire or a reduction in military operations and that Ukraine’s participation in any talks was critical to any peace being achieved.

Both the White House and the Kremlin accepted President Zelensky’s request to join the talks, although no formal invitation was issued. Meanwhile, a senior member of Putin’s inner circle, Investment Envoy Kirill Dmitriev, has said that many countries are making “titanic efforts” to hinder an agreement between Russia and Trump.

Dmitriev did not name specific countries but indicated that critics of the upcoming talks may attempt to sabotage the summit through diplomatic maneuvers and disinformation via the media.

Read more here…

Tyler Durden
Tue, 08/12/2025 – 02:00

VDH: Disinformation & The Dropping Of The Atomic Bombs

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VDH: Disinformation & The Dropping Of The Atomic Bombs

Authored by Victor Davis Hanson via American Greatness,

Legitimate disagreement about the wisdom of dropping two bombs on Japan to end World War II in 1945 persists even 80 years later, as reflected in discussions this past week.

But recently, there has often been no real effort even to present the facts, much less to consider the lose-lose choices involved in using such destructive weapons. In an age of revisionist history—when Churchill is deemed a “terrorist,” Germany did not really mean to starve millions of Jews and Ukrainians in summer and fall 1941, the British forced Hitler to continue the war, and World War II was not worth the cost—so too are Hiroshima and Nagasaki judged as either war crimes or colossal and unnecessary follies.

For today’s generation, it seems so easy to declare one’s 21st-century moral superiority over our ancestors. So we damn them as war criminals, given that they supposedly dropped the bombs without legitimate cause or reason.

What follows are some of the most common critiques of President Truman’s decision to use two nuclear weapons against wartime Japan, with an explanation of why his decision to use the bombs proved, at the time and in hindsight, the correct one.

1) Why did the Americans not drop a trial bomb in Tokyo Bay to warn the Japanese to surrender or face the real thing?

That choice was considered at length. The liberal-minded Robert Oppenheimer had headed a commission to determine the most effective way to use the two bombs to end the war as quickly as possible.

A third nuclear weapon may or may not have been available within a few weeks after the bombing, but there were no others beyond those three at hand for at least a few months. So in early August, only two bombs, the uranium-fission bomb “Little Boy” and its plutonium counterpart “Fat Man,” were deliverable. The limited number of bombs affected the decision to use two on real targets.

Note that a third atomic bomb would not be exploded (in a test) for about a year after the war. Moreover, the uranium bomb used on Hiroshima had never been tested; the plutonium one had, but in the New Mexico desert on a tower and not loaded on and dropped from a plane.

As a result, no one knew for certain whether an air-dropped bomb would even work, the optimal detonation height, or the extent of the destruction it would cause. On the eve of the first test of the plutonium bomb on July 16 in the New Mexico desert, even scientists could not agree whether the plutonium blast would set the sky afire or might be not much more powerful than a large conventional bomb—or something in-between.

So given that there was no sure supply of additional bombs and no real knowledge of the effects of the bombs when dropped from the sky, the advisory commission decided that if the bombers crashed or were shot down with the bombs, or if the bombs prematurely blew up, or if either one failed to explode, or if the test proved underwhelming and did not impress the Japanese military government, then a trial bomb could backfire and only reinforce the Tokyo government’s insistence on refusing to surrender.

Others had earlier noted that despite the dropping of millions of leaflets over targeted Japanese cities to warn civilians to flee their cities, given additional scheduled B-29 fire raids, few had heeded the admonishments.

Either the Japanese people believed that their industries dispersed within civilian neighborhoods were so integral to the survival of Japan that they could not be abandoned, or they did not think the Americans would continue with the raids, or they assumed that their own government would use lethal force to prevent massive flights, or their sense of patriotism and confidence in ultimate victory prevented any mass withdrawals from soon-to-be-targeted cities.

As a result, the commission concluded that only a surprise attack without warning on a military/industrial/urban target would be the best way to maximize the bomb’s ability to shock the Japanese government into surrendering.

Note that even after the second bomb dropped on Nagasaki, there was an attempted coup by senior Japanese military officers aimed at preventing peace discussions. And there were many in the Japanese hierarchy, even after the second bomb, who believed the atomic bombs were too expensive, or too few, or too untested to be used in any further number. Instead, the dead-enders believed that an Okinawa-like resistance on a nationwide scale could still kill so many Allied soldiers that London and Washington would call off the effort to invade and occupy their nation.

2) But why did the Americans need to drop any bombs?

Since March 1945, the B-29s had destroyed perhaps somewhere over 75 percent of the industrial capacity and the urban cores of the majority of the Japanese cities. Yet the military government had shown no sign of surrendering. American submarines and B-29 mining of the harbors had already eliminated almost all maritime traffic in and out of Japanese ports. And still the Japanese resisted.

The months-long firebombing of Japan had cost well over 400 of the massive B-29 bombers (each plane with a crew of 11 and costing $1 million). The recent bloodbath at Okinawa was the deadliest American battle of the entire Pacific War. The fighting was not declared over until just six weeks before Hiroshima, and even then, there still remained pockets of stiff Japanese resistance.

Okinawa had cost over 50,000 American casualties, including 12,000 dead. Over 750 planes were lost and some 380 ships damaged—mostly by attacks by 850 kamikazes. The last twelve months before Hiroshima had killed more Americans than during any other year of the war.

In hindsight, we may think the atomic bombs were superfluous or gratuitous. But the generation that fought the war was despairing that the fighting had become bloodier and more horrific the longer it went on, the closer the allies got to Japan, and the harder it became to impose an unconditional surrender. After Okinawa, they saw no end to the killing in sight, but only more, and far greater, Okinawas on the horizon.

By calculating the number of Japanese troops who fought at Okinawa and the resulting American losses (and also computing the earlier bloody conquest of the Philippines as well), the American military correctly judged that it likely would lose well over one million casualties in the two-pronged invasions of Japan planned for 1945–1946.

Japan could have fielded at least 3.5 million troops and between 5,000and 6,000 kamikazes—one-way fighter-bomber planes analogous to human-guided cruise missiles, far more accurate and deadly than German V-1 buzz bombs.

In sum, the Allies believed that neither the devastating firebombing nor the catastrophic Japanese defeats in the Philippines, Iwo Jima, and Okinawa had broken the will of the Japanese military government. Thus, Truman was desperately seeking some new solution to avoid invasions that would have likely killed millions on both sides. By earlier agreements, the Americans first had to gain the permission of the British to use the atomic bomb, which was not hard, given the savagery that the British had also experienced from the Japanese at Singapore and in Malaysia and Burma.

The two bombs together killed roughly 100,000 to 150,000 people in the first few days after the blast, with thousands more dying later from the aftereffects.

Yet there was never an American eagerness to use its exclusive control of bombs and heavy bombers.

For the next four years, the Americans enjoyed a complete monopoly on atomic bombs from August 1945 to August 1949, when the Russians, through espionage, were finally able to conduct a successful atomic bomb test. Yet, in the period of escalating Soviet-American tensions, which saw ongoing communist revolutions in China, Asia, and Africa, the U.S. did not use its one-sided advantage.

During the Korean War, the U.S. had an arsenal of over 300 atomic bombs with a huge bomber force, versus just a few newly acquired bombs on the Soviet side. Yet Presidents Truman and Eisenhower stifled talk of using nuclear threats to pressure the Russians and Chinese to stop fueling North Korean aggression.

3) Weren’t the two bombing missions fairly easy?

Hardly.

The two bombs had to be transported 6,000 miles to Tinian by sea from the West Coast. The heavy cruiser Indianapolis sped from San Francisco and later Hawaii, unaccompanied through enemy waters, to deliver the components for Little Boy—only to be sunk along with the majority of its crew by a Japanese submarine, just two days after it departed the island.

There was real fear that air crashes might set off the bombs. Safety devices (especially on the more volatile uranium bomb) to keep the bombs inert until minutes before dropping were last-minute improvisations.

The bombing runs from the B-29 bases on the Marianas to Japan were some 3,000 miles round trip. Crashes, navigational errors, turbulent weather, and losses to Japanese flak and fighters were common dangers.

The second atomic bombing mission to Nagasaki nearly ended in disaster. The B-29 (Bockscar) carrying the plutonium bomb took off despite a fuel tank blockage. On arrival, it could not see the aiming point over the primary target of the city of Kokura. The mission’s bombers consequently circled for too long over Kokura, and only belatedly were diverted to the secondary target at Nagasaki.

But it too was likewise obscured with clouds. Finally, Bockscar dropped the bomb 1.5 miles off target. As a result of the delays, mishaps, and mechanical trouble, it could not make it back to its Tinian base or even to the halfway emergency base on Iwo Jima. Instead, Bock’s Car diverted to the newly acquired Okinawa runways—only to run out of gas as it landed.

4. Why did we target the Japanese and not the Germans?

The atomic bomb was designed to be used against Germany, which the Allies initially feared might beat them to nuclear acquisition (although the Japanese were also racing to get a bomb).

The mostly experimental and costly B-29 heavy bomber (the only American plane found to be capable of efficiently carrying a 10,000-pound atomic bomb) was likewise designed to be used against Germany. The two programs together cost well over $4 billion. But the accelerated pace of the European war in 1945 and the delays in the Manhattan Project resulted in the European war concluding before any bomb was ready.

5. Did the bombs just cause more wars and killing—or save lives?

The bombs, as horrible as they were, saved millions of lives in a variety of macabre but often underappreciated ways.

First, no major power in World War II killed more civilians and soldiers at less human cost to itself than the Japanese military. For almost a decade, Japanese troops had killed between 16–20 million Chinese, the vast majority of them civilians. They likely killed another 3–4 million British, Americans, British Commonwealth troops, Pacific Islanders, and non-Chinese Asians.

The Japanese military routinely executed prisoners, used captives for grotesque medical experiments, and starved and gratuitously slaughtered enemy civilians. On average, Japan likely killed over 10,000 of its enemies each day of the war. Any means possible to stop that ruthless killing machine was seen as justified by late 1945.

Second, with the conquest of Okinawa (just 800 miles from Tokyo, rather than the 1,500-mile distance from the bases in the Marianas), General Curtis LeMay, in a few months, envisioned a huge second B-29 base. Okinawa would allow far easier and far more firebombing missions per week, especially given orders for an envisioned 3-4,000 more new B-29s.

More terrifying still, with the end of the European war on May 9, 1945, there were additional plans to transfer some of the 2,000 idle B-17s and B-24s to Okinawa from the European theater.

The British were also considering adding some of their now idle 400-500 heavy Lancaster bombers to the Pacific (“Operation Tiger Force”).

In theory, LeMay and his British counterparts eventually might have been able to unleash well over 6,000 four-engine bombers against Japan. They could have easily doubled or tripled the number of the 200-300,000 Japanese civilians and soldiers already killed by the fire raids.

As a result, after the war, General LeMay insisted that he could have inflicted such conventional destruction on Japan as to have avoided both an invasion and the dropping of the two atomic bombs by either forcing a Japanese surrender or utterly destroying the Japanese ability to resist by burning the entire nation to the ground.

So the two bombs 1) stopped the massive daily Japanese killing of mostly civilians in the Pacific, Asian, and Chinese theaters; 2) ended the fire raids that had proven more deadly than Hiroshima and Nagasaki; 3) prevented a nightmarish invasion of Japan; and 4) in terrible irony, prompted an emerging doctrine of nuclear deterrence, which, as a result, may help explain why the world has neither seen another global war nor another use of nuclear weapons since 1945

Dropping the atomic bombs may have been a terrible decision, but the alternatives were even worse.

Tyler Durden
Mon, 08/11/2025 – 23:50