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WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
Walden International was founded by Lip-Bu Tan- similar to Morris Chang a graduate of MIT Engineering- in 1987. Between 2017-2021 Walden made investments in China's advanced tech companies in 40% of the venture deals from the US. At a time when some of these investments were larger than that in the US. 

National security adviser Jake Sullivan following these investments said in a speech in July 2024 that the Biden administration is “looking at the impact of outbound U.S. investment flows that could circumvent the spirit of export controls or otherwise enhance the technological capacity of our competitors in ways that harm our national security.”

WSJ Original article ›
LyrArc Article Gist
Intel's new CEO was the CEO of Cadence Design Systems 2008-2021 which makes software for integrated circuits and systems on chips.   Coming from Malaysia and Singapore Tan got his Masters in Nuclear Engineering from MIT and founded Walden International in 1987. Making early investments in China's chip industry when China's chip industry was just starting in the 1990's, Tan's company participated in  40% of the chip industry investments in China made from the US between 2017-2021. Some of this is covered in a WSJ report from 2021 shown alongside. He served on the boards of China's Semiconductor Manufacturing and Advanced Micro-Fabrication Equipment.  A parallel to this is Morris Chang who after degrees at MIT started the semiconductor industry in Taiwan. A period back then in which the US chip industry dependent on market forces and without hidden government subsidies was eclipsed by new ventures in first Taiwan, then South Korea and China. During a period in which technologies were freely transferred with no long term grasp of the consequences to American technological leadership, and chip industry in the US. It was allowed to decline by administrations of Bush and Obama since 2000, ceding dominance through lack of investment in manufacturing technologies. In chips and science capitalism and market forces leave American companies to the mercy of markets when government support overseas is not matched by government support in the US to create an absolutely essential level playing field.  The US then feels the lack of synergyistic energies that go from chips to other advanced industries and technologies. Textbook economics from Dartmouth or Ivy Leagues is with totally theoretical stuff about comparitive advantage no help, and created the current situation for America in chips and science where a whole industry was ceded.  ...
BBC Sport Original article ›
BBC Sport Original article ›
LyrArc Article Gist
Kohli, Rahul, Iyer, Chakravarthy and Shami Indian players in Champions Trophy team.  Santner, Phillips, Ravindra and Henry NZ players in Champions Trophy tournament team.

BBC Sport Original article ›
LyrArc Article Gist
Huge save by Donnarumma gets PSG into the final 8 in European soccer Champions League. Donarumma saved two of 3 penalties of Liverpool in a rematch. Over his career Donnarumma who started at AC Milan has saved 23% of penalties.

BBC Sport Original article ›
BBC Sport Original article ›
BBC Sport Original article ›
BBC News Original article ›
LyrArc Article Gist
DJT points to the extent of Ireland's grasp over America's pharmaceutical industry. He calls it unfair, including the overall trading relationship with the EU. He says it was stupid for American negotiators to let this happen as he meets Ireland's PM Martin at the White House in a St Patrick Day event.

BBC News Original article ›
WSJ Original article ›
NYTimes.com Original article ›
WSJ Original article ›
LyrArc Article Gist
Much of the growth in 2022-2024 was a result of Biden administration government spending on infrastructure supported by private sector spending. With efforts to cut waste and set new priorities in government spending, growth in 2025-2026 has to come from private sector spending with the DJT administration. The tariffs in the first 100 days are seen by business as a bargaining chip. Scott Bessent has described the tariffs as domestic policy, and president DJT has stated clearly that the tariffs against CMC countries, Canada, Mexico and China, is intended to stop the flow of fentanyl into the US. The scale of the fentanyl issue can be seen from the 490,000 American deaths over 12 years from fentanyl.  It is incumbent on CMC countries to take action on fentanyl. It is also incumbent on the CMC countries and on the EU, on opinion in business and the Silicon Valley in the US, to grasp the real dimensions of this crisis destroying so many lives, that is so unprecedented in the history of the US.   ...
WSJ Original article ›
LyrArc Article Gist
DJT and Treasury's Scott Bessent taking a "call" not a "put" on the economy March 2025. Tariffs as short term bargaining chip, primarily domestic policy on CMC (Canada, Mexico and China) tolerance for fentanyl flows into the US. Taking fentanyl, drug trafficking, and migrant trafficking out of the Nation, will revive the spirit of America's neighborhoods across America's vast landscape. It is incumbent on CMC countries, Canada, Mexico and China, to stop fentanyl flows into the US across their borders that have caused hundreds of thousands of American deaths. Tariffs are a last resort for America to get action and save America's neighborhoods from this scourge. Investment in the US manufacturing in the private sector as the long term policies shape the economy, the cutting of waste in spending, have the potential of reviving the economy and leading a second stage of growth led now by the private sector investment after the government led spending under the Biden administration on restoring American infrastructure. ...
NYTimes.com Original article ›
WSJ Original article ›
LyrArc Article Gist
Total Lunar Eclipse Thursday, March 13 2025 noon to 6 am- partial and lunar total eclipse at 1.09 am to 3.31 am. 

WSJ Original article ›
LyrArc Article Gist
US inflation actually declines in February 2025 to 2.8% from 3% in January 2025.

The Guardian Original article ›
NYTimes.com Original article ›
NYTimes.com Original article ›
WSJ Original article ›
WSJ Original article ›
The Guardian Original article ›
The Guardian Original article ›

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