“Prediction markets, including Kalshi and Polymarket, are exploding in popularity. Kalshi alone saw over $1 billion in trading volume on Super Bowl Sunday. Remarkably, more than $100 million was wagered on what song Bad Bunny would play first during his halftime show. That kind of market has raised concerns about insider trading. Not only is Bad Bunny in control of which song is played, but this information is also known in advance by dancers, musicians, crew, and anyone who happened to be around during rehearsals. This is likely why, just before the big game, Kalshi CEO Tarek Mansour announced a laundry list of efforts to crack down on insider trading.” (02/12/26)
“As the scale and scope of state violence against migrants and the neighbors and community members who protect them — including the murders of Renee Nicole Good and Alex Jeffrey Pretti by federal agents in Minneapolis and of Keith Porter and Silverio Villegas González by ICE in Los Angeles and Chicago — has rapidly escalated over the first year of the second Trump administration, so have the familiar calls for quick fixes for state violence. Meanwhile, hopes placed in Democrats to save us by finally recognizing that the police state they have helped build is the vehicle through which authoritarianism is being consolidated are repeatedly dashed. This is true of the party’s recent, tepid proposals to put ‘guardrails’ on ICE.” (02/12/26)
“The Trump administration announced an end to greenhouse gas emission standards for all vehicles made in model year 2012 or later Thursday. The administration revoked the 2009 Greenhouse Gas Endangerment Finding and all other emission standards related to greenhouse gases. The U.S. Environmental Protection Agency said in a press release that the move will save taxpayers $1.3 trillion. … The Greenhouse Gas Endangerment Finding set the legal basis for regulating pollution tied to climate change as part of the Clean Air Act, the primary federal air quality law enacted in 1963.” (02/12/26)
“Minneapolis was not the war zone I expected to find. Depending on who you are and where you live, things can seem, for a few fleeting moments, almost normal, like a few blocks or neighborhoods over people aren’t being tear gassed or rounded up by ICE or, in two tragic cases, being gunned down by federal agents. Even now some people walk their dogs, run errands and buy groceries, meet friends for dinner and drinks. Daily life has become sinister in its banality, because Minneapolis remains a city under siege. ICE and CBP agents roam the streets, though their tactics have shifted as of late: No longer acting like an occupying army, the Department of Homeland Security now operates like secret police.” (02/12/26)
Source: Foundation for Economic Education
by Cláudia Ascensão Nunes
“After decades of subsidizing expansion, Brussels is now paying to destroy vineyards, without fixing the distortions it created. The European Union is paying to uproot vineyards. The new Wine Package, proposed in March 2025 with a provisional agreement reached in December 2025, proposes among several measures, the possibility of using EU funds for the voluntary destruction of productive vines, which represents the most visible sign of a market distortion created by decades of intervention from Brussels. Successive policies supporting the wine sector progressively disconnected production from market signals. The result was a growing imbalance, marked by persistent surpluses and, later, by subsidies aimed at vineyard removal itself.” 902/12/26)
Source: The Daily Economy
by Paul Mueller & Thomas Savidge
“Once firmly established in American finance, the proxy advisory industry now faces regulatory threats and AI-driven challenges. To survive, firms must serve customers, not political agendas.” (02/12/26)
“Belgian police searched offices of the European Commission on Thursday as part of an investigation into the 2024 sale of several Commission buildings to the Belgian state. The European Public Prosecutor’s Office (EPPO), an independent body responsible for investigating and prosecuting crimes affecting the EU’s financial interests, is leading the probe. EPPO confirmed to POLITICO it is conducting ‘evidence-collecting activities’ related to ‘an ongoing investigation.’ The office declined to provide further details, citing the need to protect the integrity of proceedings.” (02/12/26)
