Notes Today: 

• Massive new investment is pouring into US heavy industry, shaping the economic landscape for years to come.

• 
  
  

• Putin said Russia had stationed a first batch of tactical nuclear weapons in Belarus.

• Economist: Binance, the largest global cryptocurrency exchange, Binance.US, an affiliate, and America’s Securities and Exchange Commission announced a proposed agreement to guarantee that only Binance.US employees have access to funds owned by American customers. The deal, which still requires approval from a judge, is intended to avert a proposed SEC motion to freeze Binance.US’s assets while it sues Binance on securities-related charges.

• The last Indian journalist in China has been asked to leave, as Beijing and New Delhi eject each other’s reporters in a tit-for-tat row deepening a rift between the Asian economic powerhouses. 

• A stretch of dry weather following planting season has stressed crops across the U.S. Midwest, raising doubts about a government forecast projecting record corn and soybean crops. 

• Some scientists predict that 2023 could be the warmest year on record, as a developing El Niño exacerbates the impacts of the climate crisis. 

• Reminder: Democratic states are subsidizing Republican states. 7 of the top 10 dependent states are red states. 

• Jamal Khashoggi's wife sues NSO Group, maker of Pegasus spyware in US. Alleges spyware was used to track Jamal before murder.

Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.