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French Minister To Meet Crypto Firms After Kidnapping Attempt

French Minister To Meet Crypto Firms After Kidnapping Attempt

Authored by Adrian Zmudzinski via CoinTelegraph.com,

The French interior minister reportedly plans to meet cryptocurrency professionals in the aftermath of a violent kidnapping attempt on the family of a crypto exchange executive in Paris.

According to a May 14 France24 report, Interior Minister Bruno Retailleau has invited crypto professionals to meet him after a brazen attempt to kidnap the daughter and grandson of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium.

”I will assemble businesspeople working in cryptocurrencies, and we have a few of those in France, at the interior ministry to work with them on their security,” Retailleau reportedly told the Europe 1/CNews broadcaster.

On May 13, three masked men attacked Noizat’s daughter while she was walking in Paris’ 11th district with a man and her son. The attackers tried to force Noizat’s daughter and her son into a white van.

Passersby intervened, with one scaring the assailants while brandishing a fire extinguisher before throwing it at them as they fled. The event is now being investigated by local authorities, with the vehicle used being found abandoned nearby on the same day.

Growing risk for cryptoholders

Jameson Lopp, a cypherpunk and co-founder of self-custodial firm Casa, has created a list on GitHub recording dozens of offline crypto robberies, with 22 incidents of in-person crypto-related theft so far this year. Many in the crypto industry highlight that anonymity is the only way to effectively protect holders and their close circle against so-called “$5 wrench attacks.”

$5 wrench attack explanation. Source: XKCD

Lopp’s list is likely undercounting the total number of attacks targeting people over their involvement in the crypto industry. A University of Cambridge study in September 2024 found that these so-called “wrench attacks” are often underreported due to revictimization fears.

France saw its fair share of cases

Paris is also no stranger to these attacks. Earlier this month, Paris police freed the father of a crypto entrepreneur who was held for several days in connection with a 7 million euro ($7.8 million) kidnapping plot.

At the start of this year, David Balland, co-founder of leading crypto hardware wallet manufacturer Ledger, was abducted from his home in central France. He was held captive until a police operation on the night of Jan. 22 secured his release.

Tyler Durden
Thu, 05/15/2025 – 05:00

“Racism Is Only White” – Anti-White Art Installation Goes Viral, Sparks Outrage

“Racism Is Only White” – Anti-White Art Installation Goes Viral, Sparks Outrage

Via Remix News,

A number of anti-White slogans were used in an art installation at the University of Grenoble in France for “Equality Month,” with widespread outrage leading the president of the university to demand they be taken down. 

The inscriptions repeatedly attack “White males” and claim that only White people are guilty of racism, with the entire scandal going viral and garnering tens of thousands of comments and millions of views on French social media.

There were approximately 40 such artistic inscriptions, with four of them deemed especially offensive towards White people, which read:

1. The world is in pain. That’s normal, it is ruled by white men.

2. Earth is monochrome like a rainbow, racism is only white.

3. It’s the work of the Arabs that built Versailles.

4. In chess, as in life, whites have a head start.

Other slogans were slightly less controversial, but still deemed problematic, such as: “I would like to overthrow the French government.”

The slogans are affixed to the glass walls of the affixed amphitheater gallery in the Pierre Mendès France building at the university’s campus, and were commissioned from the artist Petite Poissone. It is unclear how much he was paid to produce the racist slogans.

The conservative student union, UNI Grenoble, denounced the messages, saying they represent “anti-white propaganda.”

“These unacceptable messages encourage racism against white people and spread the woke idea that we are in a systematically racist society,” said UNI national delegate Yvenn Le Coz, who requested the university immediately take down the artworks.

After the UNI alerted President Yassine Lakhnech, who claimed he only became aware of the inscriptions despite them already being up for two months. The inscriptions have become a part of a national news story, with some of the biggest outlets in the country now questioning how such racist inscriptions were installed. Le Figaro questioned the president, Lakhnech, who said the messages “do not reflect the university’s positions or values.” He claimed they would now be removed, but only the ones that caused a problem.

A press release has gone out and noted that the artwork was given “sufficient oversight.” However, university students are claiming that 10 inscriptions out of 50 were already reviewed and deemed inappropriate, which, if true, means university staff saw all the messages beforehand and allowed them to go up.

The artist, a 42-year-old Grenoble resident, has numerous anti-White and anti-male comments and artworks on her Instagram account.·

Anti-white racism at French and Western universities has been commonplace in the last decades, as Remix News has reported.

In 2021, Remix News wrote that the elite Paris Institute of Political Studies, also known as Sciences Po Paris, is experiencing a growing rise in racist, de-colonial, and anti-White ideologies. Many conferences, research papers, and courses are under the influence and supervision of small but aggressive ideological militant groups.

Read more here…

Tyler Durden
Thu, 05/15/2025 – 03:30

Netanyahu Charges Macron With ‘Despicable’ Support For Hamas As Spat Deepens

Netanyahu Charges Macron With ‘Despicable’ Support For Hamas As Spat Deepens

A new Gaza-related spat is now raging between the leaders of France and Israel, amid new reports that famine is hitting the Palestinian population, which is said to be impacting 500,000 people.

French President Emmanuel Macron has called the military policies of Israeli Prime Minister Benjamin Netanyahu “shameful” and “unacceptable” in a fresh interview with a national broadcaster. 

“What the government of Benjamin Netanyahu is doing is unacceptable,” Macron began in a Gaza segment of the interview“There is no water, no medicine, the wounded cannot get out, the doctors cannot get in. What he is doing is shameful,” he continued.

Via Associated Press

He then interestingly appeared to leverage recent reports saying that Trump-Netanyahu relations have reached a low point, and that the White House is fed up with Bib.

We need the United States. President Trump has the levers. I have had tough words with Prime Minister Netanyahu. I got angry, but they [Israel] don’t depend on us, they depend on American weapons,” Macron said. 

Macron here seemed to be calling on Washington to essentially put the Netanyahu government in its place, as Trump has sidelined Tel Aviv on everything from the Houthi ceasefire to gaining the freedom of Israeli-American hostage Edan Alexander. And more:

“My job is to do everything I can to make it stop,” Macron said, adding that the possibility of revisiting the EU trade cooperation agreements with Israel is on the table.

Never one to back down from a diplomatic war of words, Netanyahu hit back on Wednesday, going so far as to say that Macron stands with Hamas.

“Macron has once again chosen to stand with a murderous terrorist organization and echo its despicable propaganda, accusing Israel of blood libels,” a statement from the Israeli prime minister’s office said.

“Instead of supporting the Western democratic camp fighting the Islamist terrorist organizations and calling for the release of the hostages, Macron is once again demanding that Israel surrender and reward terrorism,” the blistering Netanyahu statement added.

The NY Times has issued an alarming report this week which said “Some Israeli military officials have privately concluded that Palestinians in Gaza face widespread starvation unless aid deliveries are restored within weeks, according to three Israeli defense officials familiar with conditions in the enclave.”

The report continued by saying “Israeli military officers who monitor humanitarian conditions in Gaza have warned their commanders in recent days that unless the blockade is lifted quickly, many areas of the enclave will likely run out of enough food to meet minimum daily nutritional needs, according to the defense officials.”

Currently a US-backed aid plan is being worked on, which is said to be ‘independent’ amid accusations that Hamas has been stealing and reselling inbound aid. Others have accused Israel of blocking it, in pursuit of a total siege policy.

What’s clear is that Netanyahu is increasingly in the political hotseat not just at home, but on the international stage as well – where his closest ally the United States has appeared to grow somewhat cool on the previously enthusiastic support and relationship.

Tyler Durden
Thu, 05/15/2025 – 02:45

Yemen Taught Trump Some Lessons That He’d Do Well To Apply Towards Ukraine

Yemen Taught Trump Some Lessons That He’d Do Well To Apply Towards Ukraine

Authored by Andrew Korybko via substack,

The lessons from Trump’s Yemeni debacle could inform his future decisions on Ukraine…

Five New York Times (NYT) journalists collaborated to produce a detailed report earlier this week about “Why Trump Suddenly Declared Victory Over the Houthi Militia”. It’s worth reading in full if time permits, but the present piece will summarize and analyze its findings. To begin with, CENTCOM chief General Michael Kurilla proposed an eight- to -10-month campaign for degrading the Houthis’ air defenses before carrying out Israeli-like targeted assassinations, but Trump decided on 30 days instead. That’s important.

The US’ top regional military official already knew how numerous the Houthis’ air defenses were and how long it would take to seriously damage them, which shows that the Pentagon already considered Houthi-controlled North Yemen to be a regional power, while Trump wanted to avoid a protracted war. It’s little wonder then that the US failed to establish air superiority during the first month, which is why it lost several MQ-9 Reaper drones by then and exposed one of its aircraft carriers to continued threats.

The $1 billion in munitions that were expended during that period widened preexisting divisions within the administration over whether this bombing campaign was worth the mounting costs. New Chairman of the Joint Chiefs of Staff General John Caine was concerned that this could drain resources away from the Asia-Pacific. Seeing as how the Trump Administration’s grand strategic goal is to “Pivot (back) to Asia” for more muscularly containing China, this viewpoint was likely decisive in Trump’s final calculations.

Oman reportedly provided the “perfect offramp” for him by proposing to his envoy Steve Witkoff, who was visiting them as part of the US’ nuclear talks with Iran, that the US could stop bombing the Houthis while they’ll stop targeting American ships but not ships that they deem helpful to Israel. This draws attention to that country’s outsized diplomatic role in regional affairs, but it also shows that the US was hitherto unsure of how to end its campaign in a face-saving way despite already realizing that it failed.

Two pathways were considered:

  1. ramping up operations for another month, carrying out a “freedom of navigation” exercise, and declaring victory if the Houthis didn’t fire on them;

  2. or continuing the campaign while strengthening the capacity of local Yemeni allies to start another offensive in the North. 

Both were reportedly scrapped in favor of Trump’s sudden victory announcement after another US jet fell off of an aircraft carrier, a US attack killed dozens of migrants in Yemen, and the Houthis hit Ben Gurion Airport.

Five conclusions can be drawn from the NYT’s report. 

For starters, Houthi-controlled North Yemen is already a regional power and has been so for some time, the status of which they achieved despite the Gulf coalition’s previous years-long bombing campaign and ongoing partial blockade. This impressive feat speaks to their resilience and the effectiveness of the strategies that they’ve implemented. North Yemen’s mountainous geography indisputably played a role in this, but it wasn’t the sole factor.

The second conclusion is that Trump’s decision to authorize a very time-limited bombing campaign was therefore doomed from the get-go. He either wasn’t fully informed of the fact that North Yemen had already become a regional power, perhaps due to military officials self-censoring for fear of getting fired if they upset him, or he had ulterior motives in having the US bomb them for only a brief time. In any case, there was no way that the Houthis were going to be destroyed in just several months’ time.

Optics are important for every administration, and Trump’s second one prioritizes them more than any other in recent memory, yet the third conclusion is that he still beat a hasty retreat once the strategic risks started spiraling and the costs began piling up instead of doubling down in defiance. This shows that ego- and legacy-related interests don’t always determine his policy formulations. Its relevance is that no one can therefore say for sure that he won’t cut and run from Ukraine if peace talks collapse.

Building upon the above, the Trump Administration’s acceptance of Oman’s unsolicited proposal that led to the “perfect offramp” shows that it’ll listen to proposals from friendly countries for defusing conflicts in which the US has become embroiled, which could apply towards Ukraine. The three Gulf states that Trump is visiting this week have all played roles in either hosting talks or facilitating exchanges between Russia and Ukraine so it’s possible that they’ll share some peace proposals for breaking the impasse.

And finally, the China factor looms over everything that the US does nowadays, ergo one of the reported reasons why Trump suddenly ended his unsuccessful bombing campaign against the Houthis after being informed by his top brass that it was wasting valuable munitions that would be better sent to Asia. Likewise, Trump might be convinced by similar arguments with regard to the strategic costs of defiantly doubling down in support of Ukraine if peace talks collapse, which the Gulf states might convey to him.

Connecting the lessons from Trump’s Yemeni debacle with his ongoing efforts to end the Ukrainian Conflict, it’s possible that he might at first instinctively double down in support of Ukraine if peace talks collapse only to soon thereafter be dissuaded by his top brass and/or friendly countries. Of course, it would be best for him to simply cut his country’s losses now instead of continuing to add to them, but his increasingly emotional posts about Putin hint that he might blame him and overreact if talks collapse.

It’s therefore more important than ever that peace-loving countries which have influence with the US immediately share whatever creative diplomatic proposals they might have in mind for breaking the impasse between Russia and Ukraine.

Trump is creeping towards a Yemeni-like debacle in Ukraine, albeit one with potentially nuclear stakes given Russia’s strategic arsenal, but there’s still time to avert it if the “perfect offramp” appears and he’s convinced that accepting it would assist his “Pivot (back) to Asia”.

Tyler Durden
Thu, 05/15/2025 – 02:00

Adapt Or Die: Redefining Wargaming For The Age Of Algorithmic Warfare

Adapt Or Die: Redefining Wargaming For The Age Of Algorithmic Warfare

Authored by S.L. Nelson via RealClearWire (emphasis ours),

Commentary

“Adapt or die.” This isn’t just a cliché; it’s a fundamental truth of human survival. Security—the psychological need for stability and protection—is second only to food and water in Maslow’s hierarchy. War directly threatens this security, so understanding war is essential for preserving peace.

One of the oldest tools for grasping the nature of war is wargaming. It is, in essence, a rehearsal—an intellectual simulation that helps leaders make sense of complex, high-stakes decisions before lives and national resources are on the line. But while its utility has persisted, its form has not evolved fast enough to meet the demands of the modern battlefield.

The Problem With Today’s Wargaming

Wargaming is indispensable, but too often, it’s outdated, misused, or misunderstood. In some defense circles, it functions as little more than a stage for confirmation bias, where senior leaders seek validation for preconceived notions rather than insight into novel threats. Worse, wargames frequently remain trapped in analog formats: players huddle around maps, move tokens, make subjective choices, and imagine the rest.

This traditional model assumes that human decisions lie at the heart of conflict. That remains true. But the battlefield is rapidly changing—and the human element is no longer acting alone. As militaries increasingly rely on uncrewed systems, autonomous platforms, and AI-driven operations, our method of simulating war must evolve accordingly.

To prepare for war in 2030, NATO and its allies cannot afford to rely on wargaming methods from 1980. The urgency of modernizing wargaming is not a choice but a necessity for our collective security.

The Rise of Algorithmic Warfare

Consider this: some forecasts suggest that by the 2030s, one-third of militaries could consist of robotic systems. In Ukraine, drone production is trending toward over 2.5 million units annually. This isn’t speculation—it’s already reshaping how war is fought.

In such a world, the idea of a wargame that exclusively simulates human decision-making is dangerously incomplete. Swarms of autonomous drones executing algorithm-driven tactics change not only the character of war but also the speed, scale, and unpredictability of combat. Abstracting these developments away misses the point entirely. A game without machines is a game divorced from reality.

Critically, decision-making itself is changing. While senior leaders continue to anchor their intuition in past experiences, research shows that overconfidence increases in situations involving more chance and ambiguity. Gut instinct, seasoned though it may be, will not suffice when confronted with system-level interactions between thousands of autonomous platforms and sensors.

Technology as a Catalyst, Not a Crutch

The tools to modernize wargaming already exist. Digital environments can now simulate everything from force placement to logistics flows to legal compliance, with users interacting via natural language, voice, or keyboard. This technological advancement offers a beacon of hope for the future of wargaming, allowing commanders to stress-test strategies in real time and track every decision across a replicable digital thread.

This is not science fiction. It is an underused science fact.

Yet many in the defense establishment cling to narrow definitions of wargaming. A leading DoD-affiliated practitioner recently declared, “If the players or sponsors are better equipped at the end of the wargame to do the things they need to do, then there is value. Nothing else matters.” Another dismissed the importance of outcomes altogether, stating that “wargames are about ideas, not facts.”

That’s a dangerous mindset. Strategy may be rooted in ideas, but execution lives in facts. As Churchill famously warned, “However beautiful the strategy, you should occasionally look at the results.”

Toward a New Definition of Wargaming

Commanders’ expectations have evolved, even if the tools haven’t. In 1945, General Eisenhower might have asked his staff for a logistics overlay of the European theater—delivered with pen, paper, and pins. In 2025, General Cavoli might make the same request—but with the expectation of a digital interface offering dynamic updates, AI-enhanced forecasting, and real-time operational feedback.

Unfortunately, EUCOM and NATO commanders still rely too heavily on analog tools. What they need are decision-support systems embedded in the planning process—not adjuncts or afterthoughts.

This calls for a redefinition of wargaming.

A New Definition

Wargaming must be understood not as a parlor game of human strategy but as a rigorous, replicable method of exploring conflict at the strategic, operational, and tactical levels. This includes human decisions and system-level interactions conducted in a synthetic digital environment.

A proposed new definition: “Wargames represent human actions and system-level interactions of conflict or competition in a synthetic environment from the strategic to the tactical level.

This definition bridges the gap between cognition and computation, people and platforms, gut instinct and algorithmic feedback. It accounts for the growing role of autonomy and artificial intelligence without excluding the indispensable human element.

The Stakes

Wargames must evolve not only because they can but because they must. Definitions matter. The current models fall short of providing leaders with the clarity they need to design force structures that are effective, affordable, and aligned with future threats.

Failure to modernize wargaming risks misinforming critical decisions, wasting resources, and, worst of all, misjudging the very nature of the next fight. The stakes are high, and the battlefield of 2030 will not wait for the analog mind to catch up.

To prepare, we must simulate what war has been and what war is becoming.

Tyler Durden
Wed, 05/14/2025 – 23:25

The Pandemic Agreement: Surveillance, ‘One Health’, & A New Industry Of Government Grift

The Pandemic Agreement: Surveillance, ‘One Health’, & A New Industry Of Government Grift

Authored by REPPARE (REevaluating the Pandemic Preparedness And REsponse agenda) via The Brownstone Institute,

After three years of negotiation, the delegates of the Intergovernmental Negotiating Body (INB) agreed on the text of the Pandemic Agreement, which now goes for vote at the 78th World Health Assembly (WHA) at the end of May 2025. This text comes after the negotiations were extended for an additional year due to ongoing disagreements about intellectual property and technology transfers (Article 11), access to ‘pandemic-related health products’ (Article 12), and One Health.

After extending the negotiations into a series of last-minute 24-hour sessions in April 2025, a draft was ‘greenlined’ with many countries suggesting that they had gone as far as they could via negotiation, and it was now time to bring it to vote. 

There are several interesting elements within the new draft of the Pandemic Agreement. For example, the Pandemic Agreement foresees ‘participating manufacturers’ (yet to be determined) to make 20% of their related pharmaceutical production available to the WHO, half as a donation, and half at ‘affordable prices’ (also to be determined). The expectation is that the WHO and other international partners will pool these and other resources for distribution (in an improved COVAX-like mechanism yet to be determined). In addition, a still relatively undefined ‘Coordinating Financial Mechanism’ (CFM) will be established to support the implementation of both the Pandemic Agreement and the amended International Health Regulations (IHRs), as well as to disburse surge funding to developing countries in the event of a pandemic.

These commitments build on the IHR amendments that come into force in September 2025, which authorise the WHO Director-General to declare a ‘Pandemic Emergency.’ This represents an escalation of the Public Health Emergency of International Concern (PHEIC), with a ‘Pandemic Emergency’ now representing ‘the highest level of alarm,’ which is meant to trigger a host of national and international responses. The PHEIC has been declared eight times since 2005, including for the ongoing Mpox outbreak in Central Africa, and there remains ambiguity about whether an outbreak like Mpox would now also qualify as a Pandemic Emergency. The Pandemic Agreement also now defines the first somewhat tangible effects of declaring a Pandemic Emergency, although these triggering effects are currently most clear regarding the mobilization of ‘pandemic-relevant health products.’

In general, the text reads as one might expect when diplomats from almost 200 countries spent years negotiating and scrutinising every sentence. Although the United States and Argentina withdrew from these negotiations earlier this year, the document still had to navigate the manifold and often conflicting interests of delegates from Russia and Ukraine, Iran and Israel, India and Pakistan; not to mention members of the Africa Group who largely saw the Pandemic Agreement as a raw deal for Africa (see below). The result is therefore 30 pages full of vague declarations of intent, often qualified by references to the preservation of national sovereignty in an attempt to neutralize opposition. As it stands, the ‘Agreement’ looks primarily of symbolic importance, since a failure to reach an agreement would have been embarrassing for everyone involved.

Yet, it would be churlish not to understand that the Pandemic Agreement consolidates ‘pandemic prevention, preparedness, and response’ as a definitive ‘space’ of global political action, for the purpose of which numerous new institutions and funding streams have already been created. Its potential passage into international law is unusual in global health and represents only the second time such a global health covenant has been created (the WHO Framework Convention on Tobacco Control being the first), with the potential to mobilize substantial resources and policies.

For example, according to estimates by the Institute for Health Metrics and Evaluation (IHME), expenditure on preparing for future pandemics had already more than quadrupled between 2009 and 2019 before the Covid-19 pandemic unmistakably moved the topic into international ‘high politics.’ In the Agreement, governments pledge to ‘maintain or increase’ this funding for pandemic prevention, preparedness, and response and to support mechanisms for its execution. As reported elsewhere by REPPARE, the requested funds for pandemic preparedness are $31.1 billion a year (for comparison, about 8 times global expenditure on malaria), of which $26.4 billion must come from low-and middle-income countries (LMICs), while $10.5 billion in new overseas development assistance (ODA) would need to be raised. Presumably, the WHO’s preferred mechanism for the distribution of this ODA is via the yet-to-be-defined CFM.

Vaccine Equity

The declared guiding principle of the Pandemic Agreement is ‘equity.’ The focus on ‘equity’ is driven largely by the WHO and associated philanthropists, NGOs, scientific advisers, and several LMICs (particularly in Africa), who view a lack of equity, primarily ‘vaccine equity,’ as the main failure of the Covid response. Representatives of poorer countries, but also important donors, have criticised the inequitable access to vaccines against SARS-CoV-2 as a key failure of the Covid response and the reason for increased Covid mortality. This inequitable access has been labelled ‘vaccine nationalism,’ which refers to the stockpiling of Covid vaccines in high-income countries (HICs) during the pandemic, limiting availability to vaccines by LMICs. The World Economic Forum, for example, claims that a fairer distribution of vaccines would have saved over a million lives. 

While enough Covid vaccine doses were ordered in Europe to immunise the entire population from infants to the elderly more than three times over, and are now being destroyed, many African countries were denied access. In fact, developing countries only received large quantities of coronavirus vaccines months after richer countries had been ‘fully vaccinated.’ Even after vaccination had been universally available in most HIC countries by summer 2021, under 2% in low-income countries had been vaccinated, many of them with Chinese vaccines that Western countries deemed inferior and thus not qualifying for travel clearance.

The proponents of the Pandemic Agreement do not question the success of universal vaccination despite its limited and rapidly declining protective effect, nor the numerous reported adverse effects. But even if we assume that coronavirus vaccines are safe and effective, global comparisons of vaccination rates remain nonsensical. In HICs, most Covid-19 deaths occurred in people over 80, suggesting the need for context-specific interventions in the case of the most vulnerable.

In most low-income countries (LICs), this risk group comprises only a tiny fraction of the population. For example, the average age in Africa is 19, presenting an entirely different pandemic risk and response profile. In addition, a meta-analysis of blood tests by Bergeri et al. suggests that by mid-2021 most Africans had already had post-infection immunity to SARS-CoV-2. Yet, despite these variables, the manufacturers of the vaccines were encouraged to mass produce vaccines for global rollout, were given emergency authorisation, were released from liability, cashed in on advanced purchasing commitments, and were able to make record profits at the expense of taxpayers.

As reported elsewhere, committing large resources to pandemic preparedness, particularly expensive surveillance, diagnostic, R&D, and the manufacturing of biomedical countermeasures, threatens to produce high opportunity costs since many LMICs must confront other more pressing and destructive disease burdens. This was at least implicitly recognised by many African countries during the Pandemic Agreement negotiations. Many resisted the inclusion of One Health into the Agreement, arguing that it was unaffordable and not a priority within their national strategic health plans.

To paraphrase an African delegate on the INB, ‘We have difficulty doing coordinated surveillance within the health sector, let alone integrated surveillance across sectors.’ This concern not only suggests the need for more locally owned strategies to assure the efficient use of scarce resources, but also the need for strategies that better capture contextualised need to deliver greater effectiveness and true health equity, not just ‘product equity.’ 

Yet, even if product equity is a desired and justified outcome in particular cases, there is nothing in the Pandemic Agreement that guarantees this, since, in practice,e poor countries without their own production capacities will always be last in line. Although the ‘pathogen access and benefit system’ (PABS) in Article 12 of the Pandemic Agreement seeks to improve product equity, it is reasonable to expect wealthy countries to meet their own demand before making larger quantities available to LICs or the WHO for distribution (leaving it reliant on donations – which proved problematic during COVAX). As a result, it is hard to see what the Pandemic Agreement has improved in this regard, other than the codification of extremely loose normative commitments aiming to improve equitable access to pandemic products – an area on which countries would already broadly agree. 

The Pandemic Agreement also calls for more transparency for contracts between countries and manufacturers. This measure is seen as a mechanism that can expose rampant vaccine nationalism and profiteering, albeit only ‘as appropriate’ and ‘in accordance with national regulations.’ Thus, it is questionable whether such flimsy wording would have stopped EU Commission President Ursula von der Leyen from fixing billion-dollar deals with the Pfizer CEO through undisclosed text messaging nor stopped other countries from engaging in their own bilateral pre-purchasing and stockpiling activities.

Of course, LMIC negotiators in the INB were aware of all this, which is why the fault line in the Pandemic Agreement negotiations mainly centred on issues of intellectual property and technology transfer. In essence, developing countries do not want to rely on handouts and want to produce vaccines and therapeutics themselves without having to pay expensive licensing fees to the pharmaceutical giants of the North. In contrast, the North has been steadfast in their commitments to intellectual property protections as outlined in TRIPS and TRIPS-Plus, seeing these legal mechanisms as important protections for their pharmaceutical industries. 

As a ‘compromise,’ the Pandemic Agreement contains provisions for ‘geographically diversified local production’ of pandemic products and closer international cooperation in research and development, with simplified licensing procedures intended to ensure technology transfer. However, the wording within the Pandemic Agreement is nonspecific and the EU insisted on adding last-minute footnotes to the technology transfer provision to ensure they only take effect ‘as mutually agreed.’ Thus, the Pandemic Agreement looks like the solidification of business as usual. 

Surveillance and One Health

Whereas a lack of ‘equity’ is understood by advocates of the Pandemic Agreement as the main failure of the Covid response, a ‘failure of preparedness’ is also seen as allowing the emergence and subsequent global spread of the novel coronavirus in the first place. The goal of eliminating the ‘existential threat’ of emerging infectious diseases (EIDs) is dominant within the policy lexicon, endorsed by the G20 High Level Independent Panel, the World Bank, the WHOThe Elders’ Proposal for Action, and the Global Preparedness Monitoring Board. As we have argued elsewhere, these assessments are largely based on weak evidenceproblematic methodologies, the use of political eminence over expertise, and simplified modelling, yet they remained unquestionable mainstays within INB negotiations. 

In response to future zoonoses, the Pandemic Agreement calls for a ‘One Health’ approach. In principle, One Health reflects the self-evident fact that human, animal, and environmental health are closely connected. Yet, in practice, One Health requires the targeted monitoring of soil, water, domestic animals, and farm animals with the view to identifying possible spillover to humans. As highlighted above, implementing One Health necessitates integrated systems across sectors with sophisticated laboratory capacities, processes, information systems, and trained personnel. As a result, the costs of implementing One Health are estimated by the World Bank to be approximately $11 billion a year, which would be in addition to the $31.1 billion currently estimated as required to finance the IHRs and Pandemic Agreement. 

With more laboratories looking for pathogens and their mutations, it is guaranteed that more will be found. Given the current practice of over-securitized knee-jerk risk assessments, it is foreseeable that more discoveries will be deemed ‘high risk,’ even though humans have coexisted with many of these pathogens without major incident for centuries, and even though the risk of geographical spread is low (e.g., reactions to Mpox). The logic of the Pandemic Agreement is that, based on genomic advancements, ‘pandemic-related health products’ can then be quickly developed and distributed via the ‘WHO Pathogen Access and Benefit-Sharing System’ (PABS). 

This is disquieting for at least three reasons. First, large resources will be poured into responding to these low-burden potential risks while everyday killers like malaria will continue to receive an underwhelming response. Second, this aspect of the Pandemic Agreement will undoubtedly engross under its own momentum, where new perceptions of threat legitimate ever-more surveillance, which will uncover even more potential threats in a self-perpetuating regress of securitization and over-biomedicalization. Lastly, nowhere in the Pandemic Agreement is there any mention of the fact that dangerous gain-of-function research will continue to be conducted to develop the ‘pandemic benefits’ expected under PABS, although biosafety and biosecurity obligations are mentioned in passing.

This suggests that the risk assessments associated with the Pandemic Agreement are singularly focused on natural zoonosis spillover events, ignoring an area of risk that may have actually been responsible for the worst pandemic in the last 100 years. Thus, the recent Covid-19 pandemic is likely irrelevant to the Pandemic Agreement in terms of pandemic preparation and prevention.

Infodemics

The calamities of the Covid response have eroded trust in the WHO and other public health institutions. This has manifested in a clear scepticism of pandemic preparedness. For example, hundreds of thousands of people signed petitions warning of the WHO’s ‘power grab’ to undermine national sovereignty. These messages arose primarily after the proposed amendments to the IHR started to circulate, which contained original language allowing the WHO to issue binding recommendations to national governments during a pandemic. Ultimately, such plans did not materialise.

The drafters of the Pandemic Agreement have seemingly agreed with such concerns. Article 24.2 states in unusually clear terms: ‘Nothing in the WHO Pandemic Agreement shall be interpreted as providing the WHO Secretariat, including the WHO Director-General, any authority to direct, order, alter or otherwise prescribe the national and/or domestic laws, as appropriate, or policies of any Party, or to mandate or otherwise impose any requirements that Parties take specific actions, such as ban or accept travellers, impose vaccination mandates or therapeutic or diagnostic measures or implement lockdowns.’ 

In practice, this clause has no effect, as there is no way of arriving at the interpretations Article 24.2 rules out, since the WHO simply does not have legal jurisdiction to force compliance. Regarding non-pharmaceutical measures, the signatories to the Pandemic Agreement merely agree to conduct research into their effectiveness and adherence. This includes not only epidemiology, but also ‘the use of social and behavioural sciences, risk communication and community engagement.’

In addition, states agree on taking ‘measures to strengthen science, public health, and pandemic literacy in the population.’ Here, nothing is binding nor specified, leaving sufficient room for countries to determine how and to what degree to deploy non-pharmaceutical measures (for better or worse). It is just putting (again) in writing what States are already doing – an arguably pointless exercise.

That said, references to the behavioural sciences are likely to trigger suspicion from those critical of the WHO. In particular, those concerned about the Covid response remember how behavioural scientists advised the British government to make people feel ‘sufficiently personally threatened’ and how UK Secretary of Health Matt Hancock shared WhatsApp chats about how he planned to ‘deploy’ the announcement of a new variant to ‘frighten the pants off everyone.’ Although it is the job of public health authorities to issue recommendations to guide the public, there are honest and more effective methods of doing so. Otherwise, public perceptions of disingenuousness undermine trust, something advocates of the Pandemic Agreement suggest is crucial for an effective pandemic response.

In some ways, the explicit ruling out of WHO-imposed lockdowns or vaccine mandates is an excellent example of what the WHO calls ‘infodemic management.’ In the WHO’s ‘Managing Epidemics’ handbook, an infodemic is defined as ‘an overabundance of information, accurate or not, in the digital and physical space, accompanying an acute health event such as an outbreak or epidemic.’ Infodemic management also made it into the revised IHR, where “risk communication, including addressing misinformation and disinformation” is defined as a core capacity of public health. 

It is understandable that critics of infodemic management understand ‘addressing misinformation’ as a euphemism for censorship, especially given how scientists who spoke against mainstream narratives during Covid were sidelined and ‘cancelled.’ However, the first principle of infodemic management highlighted in ‘Managing Epidemics’ is ‘listening to concerns,’ which the Pandemic Agreement appears to have done by proactively ruling out lockdowns that they could not legally impose anyway. While the ‘zero draft’ three years ago still foresaw countries being expected to ‘tackle’ misinformation, this is now only mentioned in the preamble, where the timely sharing of information is said to prevent the emergence of misinformation. 

Nonetheless, the language around infodemics raises several concerns that remain unaddressed and require greater reflection. 

First, the criteria by which information is meant to be judged as accurate, and by whom, are unclear. Although this leaves the process undefined, allowing countries to design their own control mechanisms, it also leaves room for abuse. It is entirely feasible that some countries (with WHO support) could silence dissenting views under the guise of infodemic management. It is also not beyond imagination that mission creep will occur, where non-health-related information is also controlled under the pretext of ‘maintaining peace and security’ during a health or other emergency. 

Second, there is a serious risk that the poor management of information will exclude good science by accident, undermining overall public health. As witnessed during Covid, messages proclaiming that ‘the science is settled’ proliferated, and were often used to discredit credible science. 

Third, there is an underwritten presumption within the logic of infodemics that public health authorities and their affiliates are correct, that policies are always based entirely on the best evidence available, that those policies are free of conflicts of interest, that information from these authorities is never filtered nor distorted, and that people should not expect reason-giving from authorities via immanent critique or self-reflection. Clearly, public health institutions are like any other human institution, subject to the same potential biases and pitfalls. 

The Future of Pandemics and This Agreement

Wenham and Potluru from the London School of Economics estimate that the protracted negotiations on the Pandemic Agreement had already cost over $200 million by May 2024. Of course, this is only a fraction of the public expenditure on preparing for hypothetical future pandemics. The amount of ODA that the WHO, World Bank, and G20 have called for annually would correspond to about five to ten times the annual expenditure on combating tuberculosis – a disease that, according to WHO figures, has killed about as many people in the last five years as Covid-19, and at a much lower average age (representing higher years of life lost).

Although the $10.5 billion a year in development aid for pandemic prevention, preparedness, and response is unlikely to materialise, even a more cautious increase will come with opportunity costs. Moreover, these financial demands come at an inflection point in global health policy, where development assistance for health (DAH) is under massive pressure from serious stoppages and reductions from the United States, the United Kingdom, Europe, and Japan. Thus, increase in scarcity requires the better use of health financing, not simply more of the same. 

Furthermore, as REPPARE has shown, the alarming statements of pandemic risk by the WHO, World Bank, and G20 are not well-grounded in empirical evidence. This means that the entire basis for the Pandemic Agreement is questionable. For example, the World Bank claims millions of annual deaths from zoonotic diseases, although the figure is less than 400,000 per year in the half-century before the Covid-19 pandemic, extrapolated to the current world population, 95% of which is attributable to HIV. The fact that many more new pathogens are being found today than just a few decades ago is not necessarily evidence of an increased risk, but rather the consequence of increased interest in research and, above all, the use of modern diagnostics and reporting processes.

In many ways, the Pandemic Agreement is just a figurehead of a new pandemic industry that has already grown more robust in the last five years. This includes, for example, projects for pathogen surveillance, for which the Pandemic Fund set up at the World Bank in 2021 has already received $2.1 billion in donor commitments while raising almost seven billion for implementation (when additionality is calculated). In 2021, the WHO Pandemic Hub was opened in Berlin, where data and biological material from all over the world are collated as an early warning system for pandemics. In Cape Town, the WHO mRNA hub seeks to promote international technology transfer.

And the 100 Days Mission, driven primarily by the public-private partnership CEPI, aims to ensure that vaccines are available in just 100 days during the next pandemic, which not only requires substantial investment in R&D and production facilities, but also a further speeding up of clinical trials and emergency use authorisation, posing potential risks regarding vaccine safety

To coordinate the complex ecosystem of different pandemic initiatives, the signatories to the Pandemic Agreement will need to develop ‘whole-of-society’ pandemic plans that will presumably be ignored in the event of a real crisis, as happened with the existing plans in 2020. They are further expected to ‘report periodically to the Conference of the Parties, through the Secretariat, on their implementation of the WHO Pandemic Agreement.’ The WHO Secretariat, in turn, publishes ‘guidelines, recommendations and other non-binding measures.’ This suggests that the Pandemic Agreement will set global norms and seek compliance through the usual mechanisms of nudging, naming, and shaming, and through conditionalities imposed by the CFM or through other World Bank development loans. It is in the case of the latter where policy choices designed within the Conference of Parties could become more coercive on low-income countries.

However, the importance of this new global pandemic bureaucracy should also not be overestimated, and the potency of the Pandemic Agreement is not immediately clear. After all, it is just one in a long list of United Nations agreements, only a few of which, such as the Climate Change Conference or the Nuclear Non-Proliferation Treaty, receive any broader attention. Thus, it is feasible that both the Conference of Parties and Pandemic Agreement will become politically inert. 

Nevertheless, what tempers this moderate view is a key similarity between the three aforementioned policy areas. Namely, nuclear proliferation, climate change, and pandemics are all continually presented as an ‘existential threat,’ which drives media coverage, consequent political motivation, and continued investment. In the case of pandemic risk, the official narratives project an apocalyptic vision of ever-increasing pandemics (e.g., every 20 to 50 years), with ever-increasing severity (2.5 million dead per year on average), and ever-increasing economic costs (e.g,. $14 to $21 trillion per pandemic if investments are not made). Therefore, it is to be expected that the Pandemic Agreement will continue to enjoy a status of high politics and increased investment through perpetual fear and vested interests. 

Consequently, if the draft Pandemic Agreement is adopted at the 78th WHA and subsequently ratified by the required 60 countries, the key to its potency will be how various legal obligations, governance processes, financial instruments, and ‘partner’ commitments are defined and implemented into policy via the Conference of Parties (COP). In many ways, the drafters of the Agreement merely ‘kicked the can down the road’ regarding the most difficult and contentious disagreements in hopes that future consensus will be found during the COP.

Here, comparisons and contrasts between the Climate COP and Pandemic COP could help to glean some useful insights on how the politics of the Pandemic Agreement might play out. 

Both have become industries with significant levels of vested governmental and corporate interest, both use fear to motivate political and fiscal action, and both rely heavily on the natural proclivities of the media to propagate fear and justify states of exception as dominating narratives. 

Tyler Durden
Wed, 05/14/2025 – 22:35

Parallel Peace Blitz: New Pope & Trump Are Saying Similar Things As Conflicts Rage

Parallel Peace Blitz: New Pope & Trump Are Saying Similar Things As Conflicts Rage

The newly installed Pope Leo XIV is making clear that he’s preparing to go on a peacekeeping blitz at a moment of several hotspots and major war zones across the globe.

Leo this week quoted the late Pope Francis in denouncing the multiple raging conflicts, from Ukraine to Gaza to Yemen to India-Pakistan to Syria to Sudan to Ethiopia to Libya, saying it was a “third world war in pieces.” He’s already been making phone calls to Kiev and Gaza.

“I carry in my heart the sufferings of the beloved Ukrainian people,” he said. “Let everything possible be done to achieve genuine, just and lasting peace as soon as possible,” he added, just ahead of Russia-Ukraine peace talks set for Thursday. President Trump is not expected attend these negotiations in person, despite earlier teasing the idea.

Getty Images

In a fresh message this week, the Pope has also called for the release of all prisoners of war (POWs) and further praised the ceasefire between India and Pakistan, reportedly brokered by President Trump, it should be noted.

“I, too, address the world’s great powers by repeating the ever-present call ‘never again war,’” Leo had also said starting Sunday.

President Zelensky has invited the new Pope to visit Ukraine and see the war-ravaged country in person. Currently, the Pope is preparing to travel to Turkey at a later date, to mark the 1,700th anniversary of the First Council of Nicaea (in Asia Minor).

In Wednesday audience remarks, Leo also highlighted the plight of the suffering Christians of Syria, Lebanon, Iraq, Egypt, and elsewhere in the Middle East.

He acknowledged that that the region’s ancient Christian populations have been forced to flee their homelands because of “war and persecution, instability and poverty.”

“It was a reference to the exodus of Christians from the Middle East, Iraq and Syria especially, where entire communities have been displaced by years of Islamic extremist violence,” The Associated Press writes. “Many of these communities in northern Iraq were some of the oldest of the faith, where the dialects of Aramaic – the language of Jesus – are still spoken.”

The newly installed pontiff said he is ready to “help bring enemies together, face to face” as a peacemaker.

“Who better than you can sing a song of hope even amid the abyss of violence?” he declared. “From the Holy Land to Ukraine, from Lebanon to Syria, from the Middle East to Tigray and the Caucasus, how much violence do we see!”

Interestingly, Trump too has begun to present himself as a ‘peacemaker’ – and his message to the Middle East this week has been one of ‘deal-making, not chaos’ – and so the timing of this dual messaging from the Vatican as well as Washington could make for better chances at peace in the various conflict zones. However, it remains that Trump has been in the Gulf overseeing hundreds of billions of dollars in new weapons salesso there’s that.

On Iran, Trump said at a state dinner in Doha to his Qatari hosts on Wednesday, “You’re also working with us very closely, with respect to negotiating a deal with Iran, which is the far friendlier course that you would see.”

“I mean, two courses, there’s only two courses. There aren’t three or four or five, there’s two. There’s a friendly and a non-friendly, and non-friendly is a violent course, and I don’t want that. I’ll say it up front. I don’t want that, but they have to get moving,” the president added, as he attempts to forge ahead on a new nuclear agreement with Tehran.

Tyler Durden
Wed, 05/14/2025 – 22:10

End Of Ranching In Iconic California Community Signals Bigger War On Land Use In West

End Of Ranching In Iconic California Community Signals Bigger War On Land Use In West

Authored by Beige Luciano-Adams via The Epoch Times (emphasis ours),

POINT REYES STATION, Calif.—The buffalo milk soft serve here is an open secret, found near the butcher’s counter at the back of the local market. Like everything else in this tiny farm town, nestled in the coastal grasslands about an hour north of San Francisco, it’s made with milk from a nearby dairy.

Cows walk out to pasture after being milked at a dairy in Point Reyes Station, Calif., on June 12, 2007. Justin Sullivan/Getty Images

California’s Marin County is a pioneer in organic ranching, known for its gourmet cheeses, multi-generational dairies and pasture-raised beef. The legacy of more than 150 years of agricultural production is baked into its contemporary rural charms, which, along with the nearby Point Reyes National Seashore, make it a popular tourist destination.

It’s also a corner of the country where locals tend to see ranching and environmentalism as symbiotic pursuits.

But after years of conflict among preservationists, ranchers, and the federal government, a recent deal to end most ranching—all of it organic—on the Seashore has incensed locals and revealed a deep chasm between competing visions of environmental stewardship.

The agreement  between three environmental groups—the Resource Renewal Institute, the Center for Biological Diversity, and the Western Watersheds Project—the National Park Service, and the Point Reyes Seashore Ranchers Association saw 12 of 14 ranches on Point Reyes agree to cease ranching within 15 months.

On one side, preservationists say cattle and dairy ranching at Point Reyes has led to environmental degradation that threatens the future of the park and biodiversity in the state; on the other, family ranchers see themselves as stewards of the land, their practices as the future of conservation—and as a bulwark against the ravages of Big Ag.

As the Trump administration moves to roll back Biden-era reforms, the high-profile case has become a flashpoint in the broader fight over land use in the West—where the federal government owns nearly half of all public land, and where ranching is considered a living legacy, part of the cultural heritage that built the West itself.

Now, a congressional investigation and two new lawsuits against the park are giving hope to critics of the Point Reyes deal that a policy shift could again be on the table, making the future of the park anything but settled.

What’s at stake, insiders say, is more than the dozen family ranches set to leave the park by next year. The questions Point Reyes raises will determine more than the fate of the National Seashore.

Multiple Use Mandate

While national forests and lands overseen by the Bureau of Land Management have long been governed by a multiple-use mandate, which includes grazing, timber, resource extraction, and recreation, national parks are typically more focused on preservation.

Point Reyes, a spectacularly beautiful coastal peninsula where ranching predates the park itself by a century, is an unusual case—and one bound to attract scrutiny from activists who oppose ranching on public lands.

A cow runs past a corral of cows waiting to be milked at the Kehoe Dairy in Point Reyes Station, Calif., on June 12, 2007. In a landmark January 2025 settlement, most ranching operations within Point Reyes National Seashore are set to end within 15 months, following a long legal battle between environmental groups and ranchers. Justin Sullivan/Getty Images

“ I’ve never seen a private grazing lease on public lands that wasn’t doing environmental damage, whether it’s to salmon or to sage grouse, it doesn’t matter what ecosystem you’re in,” said Jeff Miller, a senior conservation advocate with the Center for Biological Diversity, one of the organizations that sued the National Park Service over its ranching leases in 2014 and 2022, resulting in the current agreement.

In the West, damage from private cattle grazing leases is “immense,” Miller said, second only to logging. Preservationists cite water pollution, soil erosion, and habitat loss, among other concerns.

The organization has focused on the issue since its founding in 1989, routinely intervening with National Forest and Bureau of Land Management plans and suing over grazing leases in cases where there is explicit and documented environmental damage, Miller said.

Over the past several years, the Biden administration advanced an agenda broadly favorable to conservationists, with national monument expansions and an initiative to conserve 30 percent of the nation’s land and water by 2030, as well as the 2024 Public Lands rule that allows prioritizing conservation above established multiple uses.

The Trump White House has indicated its intent to rescind the Bureau of Land Management’s Public Lands Rule, a move lambasted by environmental groups, who argue the administration is ushering in an era of unrestrained exploitation.

Congressional Republicans contend Biden’s upending of the multiple use doctrine has been a disaster both for rural communities and the country, driving up housing prices in Western cities surrounded by federal land and gutting local economies.

“President Biden left America’s public lands and natural resources in a sorry state,” Rep. Tom Tiffany (R-Wis.) told the House Natural Resources Committee during a February hearing on restoring multiple use.

“For four long years President Biden and his federal land managers have abandoned the longstanding and previously uncontroversial principle of multiple use. Instead, they adopted top-down, preservationist schemes designed to placate extreme environmentalists.”

In the same hearing, Tim Canterbury, president of the Public Lands Council, an organization representing cattle and sheep producers who hold 22,000 grazing permits across the West, highlighted challenges for ranchers, and urged Congress and federal agencies to recognize public lands ranching as an essential part of the multi-use framework.

I manage these lands and waters, and the wildlife and multiple uses they sustain, as if they were my own,” Canterbury said. He said the infrastructure, ecological stewardship and investments that ranchers provide benefit the public and environment, not just privately owned livestock.

“My family has managed the lands we utilize since 1879. Our commitment to these lands is baked into our way of life,” Canterbury said of his Colorado ranch operation, adding that “deep historical and ecological knowledge of the working landscape” are handed down through generations.

Point Reyes Lighthouse in Inverness, Calif., on March 16, 2025. Keegan Billings/The Epoch Times

Ivan London, a senior attorney with the Mountain States Legal Foundation, which frequently intervenes pro-bono on behalf of ranchers facing challenges to their grazing permits, said regulatory interpretations may shift with the balance of power in Washington, but the law governing grazing rights hasn’t changed.

“Congress actually said, ‘Here are some priority uses of public land—grazing, timber, harvesting, mineral production.’ And that law hasn’t changed. But from administration to administration the various regulators find ways to read it differently,” London said, pointing to President Bill Clinton’s attempts to increase grazing fees in the 1990s, and President Joe Biden’s embrace of conservation easements.

According to the Taylor Grazing Act—an actual law, unlike the conservation leases—grazing and ranching are the highest use of public lands,” London said. That regulations allowing conservation leases to “lock up land away from ranchers” might be ending under the Trump administration is “huge,” he said.

The Mountain States Legal Foundation in 2023 successfully intervened on behalf of Wyoming ranchers when the Center for Biological Diversity, the Western Watersheds Project, and other groups alleged that one of the oldest cattle drives in the country threatened grizzly bear populations in violation of the Endangered Species Act.

Recognized as a Traditional Cultural Property on the National Register of Historic Places, the Green River Drift cattle drive is still operated by descendants of families that homesteaded the area in the 19th century.

It’s a familiar narrative, often reduced in court to a zero-sum game between preserving either vulnerable animal or plant species, or prized human cultural practices with histories that pre-date the authority managing the lands.

The families in question, their lawyers argued, cared for the land longer and better than any agency or activist, their continued existence providing “124 years of evidence that ranchers are the real conservationists.”

In other cases, such as Santa Rosa Island—now part of California’s Channel Islands National Park—the outlines of which presaged the fate of Point Reyes, environmental activists have succeeded in bringing nearly a century of ranching to a close.

In 1986, the federal government purchased Vail & Vickers Ranch, run by four generations of cattle ranchers on what was known as “Cowboy Island.”  In 1998, the last working island cattle ranch in the United States shuttered for good.

“Cowboys versus environmentalists” is a common tableau throughout the West, with infamous spectacles such as Nevada rancher Cliven Bundy’s militarized standoff with the federal government.

In Point Reyes, the fight has pitted environmentalist against environmentalist in one of the most liberal enclaves in the country, exposing an existential schism within the conservation movement.

Ranchers Say They Were Pressured

In a protracted battle over the park’s ranch management plan that culminated in lawsuits in 2016 and 2022, both ranchers and the organizations who sued the park service accuse the agency of bias.

After years of studies and thousands of public comments, the park service in 2021 decided to issue 20-year leases, finally following through on a 2012 directive. Environmentalists filed a new lawsuit, ranchers intervened on behalf of the park, and the parties entered private negotiations.

Point Reyes North Beach in Marin County, Calif., on March 16, 2025. Keegan Billings/The Epoch Times

But the settlement, completed just before the Trump administration took office, was celebrated internally among Department of Interior senior staff as a “win” for the department, the park, and for conservation—a “nice one to go out on” in the final hours of the Biden administration, according to emails unearthed in a Freedom of Information Act Request and published on Substack.

“These emails prove they were totally in on it and celebrating this victory against ranching,” said Andrew Giacomini, a San Francisco attorney representing pro-bono more than 60 ranch workers and subtenants who are set to be displaced by the Point Reyes settlement.

Despite apparent neutrality, Giacomini accused the government of conspiring with the conservationist organizations, which brought in a third party to mediate a settlement behind closed doors, all in an effort to push out ranchers.

“They could have defended that lawsuit and won,” Giacomini said. Instead, he alleges, the park service entered secret negotiations, overturned the results of a public process, and kowtowed to a “handful of special interests.”

“It’s exactly as our lawsuit says. The way it was handled violates the law in multiple ways and it can’t stand.”

Even before the case begins moving through the courts, Giacomini said he thinks shifting priorities in the new administration may result in a reversal of the decision to end ranching at Point Reyes.

Miller, of the Center for Biological Diversity, said the idea of any collusion between his organization, fellow plaintiffs, and the park service is “absolute nonsense,” calling the park’s 2014 ranch management plan a “wish list” from the ranchers, developed in secret without input from conservationists or the public.

Particularly egregious to conservationists was a request to cull once-endangered tule elk herds, which compete with cattle for food during periods of drought.

“They rolled this thing out in 2014 and said, ‘Guess what? We’re going to shoot tule elk. We’re going to expand ranches, and we’re going to enshrine private commercial ranching forever in the park.’ That was the park service’s first bite at the apple,” Miller said.

“That is not conservation, that’s collusion with the ranchers, which is what the park service has been doing for half a century.”

The Department of the Interior and its National Park Service did not respond to inquiries.

Miller contends the park service “has never taken an environmental position in their entire history—we’ve had to sue them the entire way.”

The Center for Biological Diversity, he said, will intervene in two new lawsuits against the park: one brought by ranch workers set to be evicted due to the recent settlement, and another brought by remaining ranchers seeking to preserve agricultural use in the park. “We are not going to allow a settlement between them and Trump’s Department of Interior.”

But ranchers say they were pressured to accept the January settlement and keep quiet about the process, which they say was negotiated behind closed doors by The Nature Conservancy, a nonprofit powerhouse that raised a reported $30 million for the buyout. Once ranchers agreed to leave, the Park Service rezoned 16,000 acres of land originally set aside for ranching as a new Scenic Landscape Zone, and handed over management of it to the Conservancy.

In a March letter to the Center for Biological Diversity and other plaintiffs, Republican members of the House Committee on Natural Resources alleged a “lack of transparency surrounding the settlement,” as well as potential environmental and legal consequences. The lawmakers requested extensive discovery information.

Read the rest here…

Tyler Durden
Wed, 05/14/2025 – 21:45

Buying A John Deere Tractor? Leading Indicators Signal Supply-Side Inflection Point For Used Market

Buying A John Deere Tractor? Leading Indicators Signal Supply-Side Inflection Point For Used Market

Goldman analysts point to a bullish supply-side inflection point in the heavy machinery market, emphasizing that shrinking used equipment inventories have historically led to price increases in used machinery within 6–9 months and in new equipment within roughly 12 months. This inflection point suggests that a strategic window to purchase used heavy machinery has likely opened.

Goldman’s Jerry Revich and Clay Williams reiterated their “Buy” ratings on Deere (DE), Caterpillar (CAT), and United Rentals (URI), citing a bullish supply-side inflection point in the machinery cycle. According to their Machinery Supply tracker, declining used equipment inventories—a leading indicator—signal tightening supply and a capital stock drawdown for the first time in three years.

Here are the key highlights of the note:

  • Shifts in used equipment inventories lead used values by ~6-9 months, new equipment production by ~12 months, with coincident performance vs. stocks. Jerry makes a purely supply-side call that points to upside beyond the economic cycle; he sees (i) declining capital stock for the first time in three years, (ii) under-production over the past year amid dealer inventory destocking, (iii) estimates that embed full tariff headwinds, and (iv) valuation upside on mid-cycle earnings.

  • Previously in 2016, the used market inflection marked the start of a multi-year recovery in ag equipment demand despite relatively soft farmer incomes. We are now seeing used inventories declining on a year-over-year basis for consecutive months which supports jerry’s bullish DE view. Used values have historically been coincident wih DE stock price and histroically lead used equipment values by 6 to 9 months.

Our focus is less on individual names like DE, CAT, and URI and more on the underlying equipment used and new values charted by Goldman analysts, which points to a clear supply-side inflection point in the heavy machinery market.

The analysts show tightening inventories of used construction equipment, with used values appearing to bottom out and begin an upward trend.

“As the inflation environment has normalized, we believe the relationship will revert to past cycles,” the analysts said. 

Exhibit 17 illustrates the full history of supply imbalances in the heavy machinery market—highlighting how periods of under- and oversupply have consistently driven pricing trends in the secondary market.

Similar dynamics are underway for the used ag equipment market. 

Is a 2016-like reversal ahead for the 100 horsepower used tractor market?

Ag used inventories vs Deere dealer inventories…

This insight is particularly valuable for business owners and operators weighing the decision to purchase used or new heavy machinery or ag equipment, offering a clearer view of where prices are likely headed in the quarters ahead.

Tyler Durden
Wed, 05/14/2025 – 21:20

70% Of Americans Support A Fresh Nuclear Deal With Iran; New Poll Finds

70% Of Americans Support A Fresh Nuclear Deal With Iran; New Poll Finds

Authored by Kyle Anzalone via AntiWar.com,

A new poll finds a large majority of Americans across the political spectrum support reaching a deal with Iran that allows Tehran to maintain a peaceful nuclear program.

According to the University of Maryland’s Critical Issues Poll, 69% of Americans favor reaching a nuclear deal with Iran. Nearly two-thirds of Republicans and over three-quarters of Democrats said they want a “negotiated agreement limiting Iran’s nuclear program to peaceful ends, with stringent monitoring.”

Under a quarter of Republicans, and just five percent of Democrats, support using the military to take out Iran’s nuclear program.

Ensuring that Tehran did not decide to break out and build a nuclear weapon was the purpose of the 2015 Iran Nuclear Deal negotiated by President Barack Obama. During his first term, Donald Trump withdrew from that agreement, arguing that it did not place enough limits on Iran’s missile program and its support for political and military movements in the Middle East.

While American politicians often hype the threat presented by Iran’s nuclear program, the US intelligence community has repeatedly stated that Tehran is not pursuing a nuclear weapon. Iran’s program is within the limits of the Non-Proliferation Treaty (NPT) and is similar to that of Japan, Germany, and Brazil.

Since returning to office, Trump has engaged with Tehran on developing a new nuclear agreement that restricts Iran’s program beyond the limits imposed by the NPT. However, Trump’s demands have been unclear.

At times, White House officials have said they are willing to allow Tehran to keep its ability to enrich uranium. Other officials have stated that any deal will require Iran to give up its entire enrichment program.

Tehran views its enrichment program as central to its sovereignty, but is willing to consider caps and additional inspections to give Washington and Tel Aviv assurance that it is not weaponizing its civilian program.

The Critical Issues Poll also asked Americans if Israel and Iran having nuclear weapons would lead to a more stable Middle East, with 69% saying they preferred neither country having a nuclear weapon.

However, Israel currently possesses a large strategic stockpile. Only 10% of Americans believe that the status quo will create peace in the Middle East.

Tyler Durden
Wed, 05/14/2025 – 20:55