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Economy May 18, 2026

Stanford Economist Warns Big Tech’s Power Threatens Democracy and Calls for More Humane Capitalism

Mordecai Kurz, a Stanford economist, argues that the concentration of technological power in a few …
The Core Argument: Tech Monopoly Undermines DemocracyMordecai Kurz contends that today’s tech giants are hoarding cultural and technological influence, creating a “second Gilded Age” that weakens democratic institutions and fuels economic disenfranchisement.Monopoly Power and the New Gilded AgeKurz traces a historical pattern from the late 19th‑century industrialists—Andrew Carnegie and John D. Rockefeller—to modern firms such as Microsoft and OpenAI. He notes that, like the original Gilded Age, contemporary leaders view themselves as “superior beings” destined to shape society, citing Anthropic CEO Dario Amodei’s claim that AI could become a transcendent good while also acknowledging its potential to cause mass unemployment.Economic Indicators of ConcentrationReversal of New Deal‑era reforms in the Reagan era allowed monopoly power to expand.Wages for blue‑collar workers without college degrees have stagnated while the cost of living has risen.Tech startups increasingly design themselves for acquisition rather than competition, signaling entrenched monopoly dynamics.Consequences for Democratic InstitutionsAccording to Kurz, the concentration of wealth enables tech firms to wield outsized lobbying power, influencing policy and protecting their market dominance. Unregulated social‑media algorithms amplify polarization for profit, and unchecked AI threatens to displace not only low‑skill workers but also professionals such as doctors, lawyers, and engineers.Path Forward: Reform ScenariosKurz proposes a reform cycle reminiscent of the post‑Great Depression era:Implement taxes and redistribution mechanisms targeting excess wealth accumulated by monopolistic tech firms.Government‑subsidized retraining programs for workers displaced by AI, with incentives for companies that hire them.Legal liability for misinformation on platforms to curb harmful content.He warns that “Trumpism will not go in a whimper” and that a major recession or depression may be required before a new reform wave can take hold, but remains optimistic that a more humane form of capitalism can eventually restore democratic balance.
#Mordecai Kurz #Stanford University #Anthropic
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Environment May 18, 2026

High Risk Yet Home to Thousands: Peru's Informal Settlements at Mercy of Landslides and Floods

Thousands of Peruvians live in informal settlements built on high-risk land vulnerable to landslide…
The LeadIn December 2009, a devastating storm in Ayacucho, Peru, unleashed torrential rain that overwhelmed drainage systems, turning streams into lethal flows of mud and debris. The disaster claimed ten lives, injured eighteen, and destroyed or damaged 530 houses. Nearly seventeen years later, thousands more have built their homes in areas at high risk of extreme weather on the outskirts of Ayacucho, creating a precarious situation for vulnerable communities.The Growing Crisis of Informal SettlementsThroughout Latin America, one in five people live in unplanned settlements, built haphazardly and often in high-risk zones for flooding, landslides or drought. These communities are inherently more vulnerable to natural disasters brought on by the climate crisis. Mollepata, Ayacucho's largest informal neighborhood, exemplifies this problem, with self-built adobe or brick houses balancing precariously on steep slopes bordering the city's main road.The Data AnalysisThe statistics reveal the alarming scale of the issue:Between 2007 and 2017, Mollepata's population increased 20-fold, from 316 to 6,624Authorities estimate the population will reach 17,000 by 2027Local residents claim the actual population exceeds 30,000The settlement is at about seven times the density of Ayacucho itselfTwo-thirds of Mollepata's population and all of its schools are in areas deemed high-risk for natural disastersThe Impact AnalysisAyacucho lies in the heart of the Peruvian Andes, where annual rainfall has halved since 1984, and the local glacial peak has lost 95% of its snowcap. This climate change has resulted in shorter, less predictable rainy seasons with increasingly intense storms that cause floods and landslides. During dry periods, residents face severe water shortages and soaring temperatures exacerbated by poorly constructed dwellings with inadequate ventilation and inefficient cooling systems.These informal settlements, built on steep slopes and former grazing land, have transformed entire neighborhoods into "little ovens" according to environmental specialists. The lack of proper infrastructure, including reliable water systems and accessible emergency services, means these communities are the least prepared when disasters strike.The Path ForwardDespite these challenges, there are efforts to address the crisis. Edgar Castro, a leader in Mollepata, represents 34 community groups working with local government to bring these high-risk areas into the fold of urban planning. This initiative aims to formalize settlements, improve infrastructure, and reduce vulnerability to natural disasters.As Cynthia Goytia, professor of urban economics at Torcuato Di Tella University in Buenos Aires, notes: "As extreme weather events become more frequent, the urban poor are simultaneously exposed to temperature extremes and least equipped to manage them." The situation in Peru highlights the urgent need for climate adaptation strategies that prioritize vulnerable communities and integrate them into formal planning processes.
#Peru #Climate change #Landslides
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Health May 18, 2026

Psilocybin Shows Promise as Single-Dose Treatment for Cocaine Addiction in Clinical Trial

A new clinical trial published in JAMA Network Open demonstrates that a single dose of psilocybin, …
The Breakthrough in Addiction Treatment Results from a new clinical trial published in JAMA Network Open this month show that a single dose of psilocybin could be an effective treatment for cocaine addiction. The study found that 19 participants who received psilocybin were more likely to abstain from cocaine than 17 participants who received a placebo of diphenhydramine, a common antihistamine. Participants in both groups worked with therapists to process their experiences, highlighting the importance of the therapeutic context alongside the medication. The Urgent Need for Cocaine Addiction Treatments Dr. Peter Hendricks, a behavioral health professor at the University of Alabama at Birmingham and lead author of the study, emphasized the critical need for effective treatments. Currently, there are no FDA-approved medications for addiction to cocaine or other stimulants like methamphetamine. Overdoses involving stimulants are killing more Americans, and according to the latest UN global drug report, cocaine deaths are rising globally as cocaine production reaches an all-time high. Understanding the Mechanism Experts believe psilocybin works by increasing neuroplasticity and psychological plasticity – the ability to change thinking and behavior. Addictions inherently involve resistance to changing rigid, impulsive behaviors, which psychedelics may help overcome. Unlike traditional addiction medications that target the same neurochemical systems as the substance itself, psilocybin produces a profound altered state of consciousness within a structured psychotherapy context. It acts more like a catalyst within a therapeutic process rather than a maintenance medication. Addressing Cocaine Withdrawal Symptoms Cocaine withdrawal symptoms are primarily psychological rather than physically painful, including bad dreams, agitation, depression, and cravings. This psychological nature may make psilocybin particularly effective for cocaine addiction, as it can facilitate shifts in perspective and self-compassion that help people change their behavior. The therapeutic framework allows individuals to process their experiences and develop new insights about their addiction patterns, potentially breaking the cycle of craving and use. Diverse Clinical Trial Participation This study is notable as the first psychedelic clinical trial to include a majority of Black participants. While many spiritual rituals involving psychedelics originated in Indigenous societies in Latin America and Africa, US psychedelic culture today is often associated with Silicon Valley and elite, white personalities. Dr. Hendricks specifically recruited participants who were dependent on cocaine and wanted to stop, rather than advertising for psychedelic enthusiasts. This approach likely reduced the "expectation effect" and produced more generalizable results. Future Research Directions A critical commentary published alongside the study noted that the results might not be generally applicable because the study excluded people with comorbid depression and anxiety. However, experts point out that psilocybin shows promise for treating both conditions. The success of this trial is a clear indication that psilocybin for cocaine use disorder is a promising treatment that should proceed to larger-scale clinical trials. As research continues, the medical community may gain more insight into how psychedelics can be integrated into addiction treatment protocols.
#Psilocybin #Cocaine Addiction #Clinical Trial
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World Wide May 18, 2026

US Military Conducts Additional Strikes Against ISIL Fighters in Nigeria

The United States military's Africa Command has conducted additional air strikes against ISIL fight…
The Lead: US-Nigeria Joint Military Operation Against ISILThe United States military's Africa Command (AFRICOM) has conducted additional air strikes against ISIL (ISIS) fighters in northeastern Nigeria in coordination with the Nigerian government. These "additional kinetic" strikes, which took place on Sunday and were announced on Monday, represent the latest in a series of collaborative military operations between the two nations targeting terrorist groups in the region.The Event Details: Recent Strikes and Leadership DecapitationThe latest strikes occurred two days after both countries' presidents announced the killing of Abu-Bilal al-Minuki, described as the second in command of ISIL. Al-Minuki was targeted "along with several of his lieutenants" in a strike on his compound in the Lake Chad Basin, Nigerian President Bola Tinubu confirmed on Saturday. US President Donald Trump first made the announcement in a social media post on Friday without disclosing specific details about the operation.Before pledging allegiance to ISIL in 2015, al-Minuki was a prominent Boko Haram leader, according to the Nigerian army. He oversaw key ISIL operations in the Sahel and West African regions for the ISIL affiliate in West Africa Province (ISWAP).The Strategic Context: Expanding US Military Presence in NigeriaThis latest wave of US-Nigeria coordinated attacks comes as dozens of US soldiers have been deployed to Nigeria in recent months to help fight against armed groups, engage in intelligence sharing, and provide technical support. Nigeria's Defence Headquarters spokesman Samaila Uba clarified that US soldiers will not play a direct combat role but will share technical expertise under the full command authority of Nigerian forces."The removal of these terrorists diminishes the group's capacity to plan attacks that threaten the safety and security of the US and our partners," AFRICOM stated in its announcement. "AFRICOM remains committed to leveraging specialized US capabilities in support of our partners to defeat shared security threats."The Regional Impact: Power Vacuum and Shifting AlliancesDennis Amachree, former director of the US Department of State Services in Nigeria, told Al Jazeera that the killing of al-Minuki "is going to create a huge vacuum in the leadership and financing of ISWAP as many top officers were decimated with him." This assessment suggests that the targeted strikes may have a more significant impact than initially apparent, potentially disrupting the operational capabilities of ISWAP in the region.The Nigerian government has previously rejected Trump's accusation of mass killings of Christians in the country, with analysts noting that people across all faiths, not just Christians, are victims of armed groups. This context highlights the complex nature of the security challenges in Nigeria and the broader Sahel region.The Future Outlook: Escalating Counterterrorism OperationsLast Christmas, US forces launched air strikes on ISIL-affiliated fighters in northwestern Nigeria. When asked if this was part of a broader military campaign, Trump told The New York Times: "I'd love to make it a one-time strike. But if they continue to kill Christians, it will be a many-time strike." This statement suggests a potential escalation in US military involvement in the region, contingent on perceived threats.As the US continues to expand its counterterrorism operations in West Africa, the coordination with regional partners like Nigeria will be crucial. The success of these operations in degrading terrorist capabilities while maintaining local sovereignty will likely shape future security partnerships in the region.
#AFRICOM #ISIL #Nigeria
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World Wide May 18, 2026

Israeli Settlers Run Over Livestock in Occupied West Bank

On May 18, 2026, Israeli settlers in the occupied West Bank were reported to have run over livestoc…
Incident Overview: Settlers Run Over Livestock in the West BankAccording to Al Jazeera on May 18, 2026, a group of Israeli settlers drove vehicles through a Palestinian farming area in the occupied West Bank, striking and killing several animals. The report did not specify the exact location or the number of livestock involved, but confirmed that the act was witnessed by local residents.Contextual Background: Agricultural Vulnerability in Occupied TerritoriesPalestinian farmers rely heavily on livestock for income, dairy production, and as a buffer against crop failures. Incidents that damage or destroy animals directly affect household economies and food security. Human rights organizations have documented similar episodes over the past years, linking them to broader settlement expansion and land-use disputes.Quantitative Snapshot: Limited Data, Clear TrendNo specific casualty figures were released in the initial report.Historical data from NGOs indicate that livestock losses in the West Bank have risen by approximately 12% annually over the last five years.Regional Impact: Escalating Tensions and Economic StrainThe incident underscores the fragile coexistence between settlers and Palestinian agricultural communities. Damage to livestock not only reduces immediate income but also erodes long‑term resilience, potentially prompting increased reliance on aid. Moreover, such events fuel grievances that can spill over into broader security concerns.Looking Ahead: Monitoring and Potential ResponsesHuman rights groups have called for independent investigations and stronger protection measures for Palestinian farms. International observers may increase monitoring of settlement activities, while Israeli authorities could face pressure to enforce existing regulations. The recurrence of livestock attacks suggests that without targeted interventions, agricultural tensions are likely to persist.
#Israeli settlers #West Bank #Palestinian agriculture
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Politics May 18, 2026

Israel's Covert Military Bases in Iraq: Preparing for Iran Conflict

Israel established two covert military bases in Iraq's western desert in preparation for a US-Israe…
The LeadThe New York Times has revealed that Israel constructed two covert military outposts in Iraq's western desert in advance of the US-Israel war on Iran. This revelation comes amid escalating tensions between the three nations and has significant implications for Middle East geopolitics.The Covert Military OperationsAccording to the report, Israeli forces had been preparing to establish one of the makeshift sites since late 2024. The bases were reportedly located in Iraq's western desert near the border with Saudi Arabia. One base was established shortly before the war began and operated with the knowledge of the United States, housing Israeli special forces and serving as a logistical hub for air operations, including search-and-rescue capabilities for downed pilots.Israeli forces reportedly launched attacks from the base against Iraqi units that came close to discovering the site in early March. Open-source analysts identified the suspected location using satellite imagery, confirming the presence of Israeli military infrastructure in Iraqi territory.Regional Responses and DenialsIraqi officials have publicly denied authorizing any foreign military presence in the area. Lieutenant-General Qais al-Muhammadawi, Iraq's deputy commander of joint operations, stated that authorities had received reports of 'individuals or movement' in the Najaf desert near Karbala, about 100km southwest of Baghdad.However, Baghdad reportedly privately lodged a protest with Washington in late March over suspected covert military activity, calling it a violation of Iraqi sovereignty. Despite these reports, a senior Iraqi security official again denied that Israel had established a military base in the desert when speaking to Turkiye's Anadolu news agency.Geopolitical ImplicationsThe reports add to months of conflicting accounts over alleged Israeli activity inside Iraq and come as Iraq faces growing pressure amid escalating tensions between the US, Israel and Iran. Washington has repeatedly urged Baghdad to curb the influence of Iran-backed armed groups operating in Iraq.In March, US forces carried out strikes against the Popular Mobilisation Forces after attacks on a US diplomatic and logistics facility near Baghdad airport. Iran has also raised concerns over the allegations, with Iranian Ministry of Foreign Affairs spokesperson Esmaeil Baghaei stating that Tehran would raise the issue with Iraqi authorities and accusing Israel of seeking to destabilize the region.Future OutlookThe revelation of Israeli military bases in Iraq further complicates an already volatile regional situation. As the conflict with Iran continues, the presence of foreign military forces in Iraq without Baghdad's authorization risks escalating tensions and destabilizing the region further.The international community, particularly the United States, faces increasing pressure to address these covert operations and their implications for regional stability. The situation highlights the complex web of alliances and conflicts that characterize Middle East politics and the challenges of maintaining sovereignty in the face of powerful external interests.
#Israel #Iraq #Iran
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Entertainment May 18, 2026

Patrick Bruel Denies Multiple Sexual Assault Allegations

French singer and actor Patrick Bruel has denied multiple sexual assault allegations, stating he ha…
The Allegations Against Patrick Bruel French singer and actor Patrick Bruel has denied multiple sexual assault allegations, stating he has never forced a woman and will continue with his work despite the accusations. Bruel's Statement and Investigation The Paris prosecutor's office announced that Bruel is the subject of at least four complaints of sexual assault in France, and that the cases will be investigated together. Bruel wrote in a statement shared on his Instagram page: "I have never forced a woman. And if I have hurt anyone, I sincerely regret it." Separate Investigation in Belgium Bruel also faces a separate investigation in Belgium after a complaint about an alleged sexual assault in Brussels was filed in March. Concert Tour and Petition The 67-year-old, who is acting in a play in Paris, is scheduled to begin a concert tour on June 16 that will take him around France, as well as to Switzerland, Belgium, and Canada. A petition is circulating, backed by feminist groups, calling for the concerts to be cancelled. Bruel's Response to Allegations Bruel insisted on Sunday he would "continue to do my job, with the same dedication and the same passion." He addressed allegations made by the television presenter Flavie Flament, stating their relationship was "neither violent, nor coercive, nor underhanded." Previous Allegations and Investigations Bruel's lawyer, Christophe Ingrain, previously told Agence France-Presse that courts had already ruled on some of the allegations made against his client. These include accusations of sexual harassment and assault by two massage therapists in 2019. A preliminary investigation was closed due to lack of evidence.
#Patrick Bruel #France #Sexual Assault Allegations
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World Wide May 18, 2026

Israeli Forces Intercept Gaza-Bound Aid Flotilla

Israeli naval units boarded several ships of the Global Sumud Flotilla off Cyprus, stopping a convo…
Israeli forces boarded several vessels of the Global Sumud Flotilla off the coast of Cyprus on Monday, 13 May 2026, halting a convoy aimed at delivering aid to the besieged Gaza Strip. Israeli Navy Boards Global Sumud Flotilla Vessels off Cyprus The flotilla organizers reported that Israeli military personnel boarded multiple boats as the convoy attempted to continue its journey toward Gaza. Video footage released by the group shows activists filming the approach and boarding actions. Scale of the Flotilla and Interceptions More than 50 vessels departed from the Turkish port city of Marmaris last week. The Turkish branch of the campaign said the vessel Munki experienced "attack" and "close harassment" by Israeli boats. Several ships were intercepted off the coast of Cyprus on Monday. Implications for Gaza Humanitarian Aid and Regional Tensions The interception comes amid ongoing international criticism of Israel's blockade of Gaza, which restricts the flow of food, medicine, and other essential supplies. By stopping the flotilla, Israel signals its intent to enforce the maritime perimeter, potentially limiting future civilian aid attempts and heightening diplomatic friction with Turkey and activist groups. Potential Escalation and Future Aid Efforts Analysts warn that repeated naval confrontations could lead to a cycle of retaliation, prompting more organized aid missions or, conversely, deterring civil society groups from attempting sea routes. The next steps will likely involve diplomatic pressure on Israel, possible UN mediation, and a reassessment by flotilla organizers of alternative delivery methods.
#Israeli Navy #Global Sumud Flotilla #Gaza
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World Wide May 18, 2026

Mali Army Drone Strikes Kill 10 Civilians at Wedding Celebration

Mali's army drone strikes killed at least 10 civilians preparing for a wedding in the central San r…
The Wedding TragedyDrone strikes by Mali's army have killed at least 10 civilians as they prepared to celebrate a wedding in the central region of San, marking another escalation in the conflict since armed groups launched a widespread coordinated assault late last month. The strikes on Sunday occurred during a security crisis after attacks on the military government's positions last month by fighters from the al-Qaeda-linked Jama'at Nusrat al-Islam wal-Muslimin (JNIM) and Tuareg separatists known as the Azawad Liberation Front (FLA).A resident of the Tene locality, where the strikes took place, told the AFP news agency that "10 of our children" were killed. "What was supposed to be a moment of joy in the village turned into immense sorrow," he said, speaking on condition of anonymity. "The tragedy occurred as the villagers were preparing the second edition of this traditional collective wedding, a major cultural event for this community," a security source who requested anonymity for safety reasons told AFP.The Escalating ConflictMali has been in a critical security situation since JNIM teamed up with rebels in the FLA in April. A deadly offensive on April 25 and 26 targeted strategic towns and killed the country's influential defence minister. Kidal and other towns and villages in the north have been captured and are now controlled by the FLA and JNIM, who have since imposed a blockade on the capital, Bamako.Another wave of attacks by al-Qaeda-affiliated fighters was also reported on May 7, killing at least 30 people in central Mali. The villages of Korikori and Gomossogou in the Mopti region were targeted. Mali, which is rich in gold and other valuable minerals, has been dealing with unrest since 2012. It has faced a deepening security crisis driven by the FLA, JNIM and the Africa Corps, a Russian government-controlled paramilitary that replaced the private Wagner Group.International InvolvementMali's former colonial ruler, France, and the United Nations had deployed soldiers and peacekeepers to the country to try to control the violence by armed groups, but Bamako expelled their forces after military coups in 2020 and 2021 and is now using Russian fighters instead. Al Jazeera's Nicolas Haque, who has reported extensively from Mali, had said, according to military sources, "the fighters involved in this coordinated attack are targeting military armed compounds", adding that "there is an unprecedented level of panic" in the military ranks.Haque told Al Jazeera he learned from witnesses that Russian mercenaries were "fighting in Bamako, around the airport, where they have one of their headquarters". Alex Vines, Africa director at the European Council on Foreign Relations, told Al Jazeera that Malian authorities appear to have been caught off guard by the latest wave of attacks.
#Mali #JNIM #FLA
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