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Queen Elizabeth opens the Elizabeth Line in London and uses a 6 pound Oyster card. The Crossrail project crosses London from east to west and is the most important London transportation project of decades, the largest infrastructure project in Europe. The total cost 19 billion pounds with 5.1 billion pounds from the government. It was first thought of in the 1800's and part of a Rail study in 1974. 

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New laws place fines on buildings that do not meet carbon emissions standards. Buildings in New York such as 277 Park Avenue face $1.3 million in fines. It is leased by JP Morgan Chase and is now at 25% vacancy. Chase Bank is building its own tower with zero carbon emissions and will move to this tower when completed. Other similar buildings in NY and across the country face similar fines.

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Raghuram Rajan, former chief economist of the IMF, is appointed the chief economic advisor to Indian prime minister Manmohan Singh. He says his focus is on increasing foreign investment, including letting foreign banks operate in the country, reducing waste in food storage and distribution, and promoting new business so that growth does not depend largely on the large companies in the country.

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Some local governments in China are making vaccination mandatory. China is setting a goal of getting 64%  of the population fully vaccinated by the end of 2021. In European Union countries mandatory vaccination by country or region is now being put in place to fight new coronavirus variants that spread faster in the population. The reopening of economy, business and tourism is increasing the risk from variants in summer 2021. The mandatory vaccination is a way to increase the percentage of the population that is vaccinated. Getting younger people who lag behind to get vaccinated is important to protect the percentage of the elderly population that is still not vaccinated. There are risks also to the younger population as seen in previous waves of the pandemic. The initial hesitation to make health pass showing a person is vaccinated mandatory was because only a small fraction of the population was vaccinated in Europe. Now that over 50% are vaccinated in most EU countries and UK, that hesitation thinking that it is discriminatory to those people who did not have access to vaccines no longer exists. Ample vaccine supplies and the misinformation spread about vaccines are making action on health pass necessary to protect the overall population. National governments in France, Denmark, Austria, Greece, and local governments in Germany, Portugal and other EU countries such as Ireland, Italy, see the danger from coronavirus variants that spread quickly as too big to take any risks a second time. ...

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This is about Governor Newsom, Biden, Michigan and what the Media just doesn't get. Governor Newsom said in South Haven, Michigan yesterday- "I believe in this man. I believe in his character. I believe that he has been one of the most transformative presidents in our lifetime." One has to go back to FDR and Truman to understand Biden. FDR and Woodrow Wilson were the leading transformative presidents of the last one hundred years. FDR and Truman had to overcome many problems to provide the leadership America needed in critical times as the nation turned from a largely agricultural country to and industrial nation, through wars and economic upheavals. Biden is tackling one of these difficult periods in the Nation's history and is bringing exceptional experience, conviction and ability to this task.

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Senators Hawley (Missourio) and Young (Indiana) stick with DJT and this kills War Powers Resolution in US Senate.

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Lucy Powell Central Manchester MP elected Labour's Deputy Leader with 54% of the vote in 17% vote turnout. In a sign of the big changes in UK politics and economy Lucy Powell was fired by PM Starmer as leader in the House of Commons as recently as September 2025. Starmer clearly has not led the Labour Party in Britain in ways that would win the confidence of the people of Britain as demonstrated in a recent Wales by-election with Labour having only 11% of the vote after Reform in a previously safe seat.  Lucy Powell says about the lack of listening within Labour to the grassroots people and organization- “I think we often feel like our members and elected representatives are something we need to stand against or not value. They are our strengths. “They connect us to the national conversation. Instead of just telling people what we want them to do, we need to respect, value and include them more, and recognise that debate is not division or dissent, and recognise you have to take people with you and hear from broader voices, not just a narrower group of voices. “They haven’t felt they have been included and connected as they should in recent months, and that’s what often happens when you go into government. “I’m going to really help to do that, to re-engage with the party, and make them feel part of the conversation again. I’ll do that through working with Keir [Starmer], working with government, working right across the party in the leadership roles that I will have.”     ...

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Efforts to explore ways to end the Ukraine war with Ukraine's participation will take place next week at the Munich Security Conference to be attended by JD Vance from the US.

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The WSJ calls it a chaotic runup while conceding that the stated purpose was clearly to stop fentanyl and migrants coming across the US land Borders with Canada and Mexico. In reality its purpose is clear and it is the recalcitrant positions of Canada and Mexico and the failure of previous administrations since Clinton-Bush-Obama to act forcefully in the face of such an attitude that was the problem. Of what amounts to indifference from Canada and Mexico to fentanyl flows  and the destroying of America, that made it imperative for America to use all the powers at its disposal to get action to stop fentanyl and migrants.  These powers at America's disposal include economic power tariffs being one, and other powers as necessary, as no nation can long endure such indifferent attitudes to harm done against another for long. It is a lesson for America that what TR called carrying a big stick can be a problem when there is the complete opposite taking place.     ...

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U.S. strategy has shifted to keeping tariffs on Chinese imports intact as an enforcement mechanism to make sure China keeps to its commitments made in negotiations, says WSJ. U.S. trade negotiator Mr. Lighthizer sees the latest tariffs as leverage, and that tariffs would be removed only when China keeps its commitments made to the U.S. Initially Lighthizer opposed the move for additional tariffs imposed on September 1. Now he accepts the strategy to use tariffs as leverage. Mr. Trump told the Economic Club of New York that if no deal is reached in phase one then the U.S. will "substantially raise those tariffs, they are going to be raised very substantially." Because China is seen as not willing to provide written commitments with enforcement provisions the U.S. strategy has shifted to making the tariff removal an enforcement mechanism. President Trump has committed on the campaign trail to correct misalignment in trade with China. He makes the final decision in negotiations and use his negotiating style.  China sees making commitments on stopping all subsidies as affecting its sovereignty and its industrial model of state sponsored capitalism since opening in the 1990's to trade with the world. Both sides are looking for ways to gain the maximum concessions in Phase 1 of the trade deal as it is very uncertain whether any further progress can be made given the positions on each side, say experts. ...

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Jaiswal after his superb knock of 214 unbeaten in 236 balls, with 14 fours and 12 sixes makes him the third youngest player to do this after Vinod Kambli and Donald Bradman. Bradman takes us to the pre war period before 1945. Jaiswal says his hunger for scoring runs comes from catching buses, rickshaws and trains, working so hard for everything as he was growing up. Even getting to the bus you had to work really hard to get to the bus or the train.

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America's Steel industry is a success story for Tariffs. It is recovering because of Tariffs. It is now third largest in the world bringing a crucial supply chain back to the US.