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NYTimes.com Original article ›
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Jeremy Carl is the nominee for Assistant Secretary of State for International Organization Affairs (including UN) in Feb. 2026. He is a research fellow of the Hoover Institution at Stanford University. His BA is from Yale where he was president of the student union, and his Masters is from the Kennedy School of Government at Harvard University.  From 2004-2005 he was a visiting fellow at the Energy and Resources Institute in New Delhi, India.This article says he has been critical of Jewish attitudes yet he comes from a Jewish family and is now a member of the Presbyterian church. He was Deputy Assistant Secretary of the Interior in the first term of DJT. His recent book is on the theme of how the culture and attitude of America was culture an attitude of vast majority of the population from 1600 till 1965 for about 400 years. The Immigration laws of 1965 under JFK/Johnson, he says were not intended to change this, yet a change and relaxation of tight immigration policy has led to the situation similar to what Eisenhower faced in 1954 that led to Operation Wetback- as Mexican immigration surged in the war years by the early 1950's. For 150 years before 1965 the US only opened up for Europeans immigrating to the US. The changes since 1965 coincided with deindustrializationn of the US and the failure of the governing class to do anything about the steady shipping out the nation's manufacturing sector to China. Which is why there is so much anxiety about America's position in the world and a sense of a culture that is being lost- of Robert Frost's poetry set in New Hampshire, of Shakespeare's plays and morals for Western civilization, of the values of Emerson and Thoreau that guided Gandhiji and other Asian leaders. ...
The Wall Street Journal Original article ›
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New York City faces a $2 billion deficit in current fiscal year in 2026 and $10 billion the following year. This means there is less funding for new Mayor Mamdani's programs for groceries/transport for New Yorkers. Mamdani was elected by people in the hope that he could find ways for struggling New Yorkers to handle the cost of living crisis in 2026. New programs Mamdani promised were free bus service with costs annually (cost 0.8 billion), new rent stabilized units (annual cost $7 billion),  universal child care (annual cost $ 6 billion). A state corporate tax hike could generate $5 billion and a millionaires tax $4 billion, not enough for $13.8 billion cost for these services. The other problem is the way the city has handled its finances- this report shows declining projections for expenditures under former mayor Adams for public assistance, rental assistance, and MTA subsidies items which one would expect to go up in a large city the size of New York with new immigrants.The report says the shortfalls were met by using funds meant for the next year. Already Mamdani is not able to expand the state voucher program for residents facing eviction because of these budget constraints. This is the pattern in New York of making new promises not funded on the revenue side. Mamdani promised smaller class sizes but did not show where the funding for extra teachers would come from. For New Yorkers this adds a bit of realism to the idea that a new Mayor and new promises is the answer to its problems. Only about two thirds of its budget comes from its revenues the rest from federal and state funding which means an overall solution firing on all fronts, with federal and local cooperation, private investment, good governance, foreign investment, is needed to tackle the problems of major cities like New York. ...
BBC News Original article ›
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Yoon Suk Yeol from visit to Biden at White House as South Korea's president to jail sentence for life for ordering arrests and deploying military troops on Dec 3 2024. It shows the unstable situation for democracy and politics in South Korea, with the country polarized. It is much more polarized than the US  or Europe. South Korea may have advanced rapidly with its economy using Japan as a model, yet the political situation in South Korea and the Korean peninsula remains highly unstable. By comparison India has a long history of elected assemblies in the states and regions dating back to the 1936-37 provincial assembly elections under the British- nearing a century of democratic self government by 2036, ten years from now. Even the shorter period of elected government in South Korea was interrupted by dictatorships and the military rule. The Indian Constitution modeled on the unwritten constitution of Britain and the written one in the US, has the allegiance of a population of 1.4 billion people, unprecedented in the history of mankind. There are as many languages in India as in Europe and the media is lively in every language, so that it is an encounter that is the one of the wonders of the world to know and grow up inside India in the second half of the twentieth and the first part of the 21st century. It is also the first modernization effort in the context of Britoish and American democratic forms of government for over 1.4 billion people, almost 2 billion people counting other regions such as Malaysia, Indonesia, Vietnam and the Philippines, that use India as their role model. The economic dynamism of the region required integration of sorts with the European Union and the US for scientific and industrial cooperation at every level which is now happening. ...
WSJ Original article ›
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In a factory the size of 5 football fields located in Gurnee, Illinois, Abbott Labs makes its BinaxNow Covid-19 home tests. Abbott turned out 1 billion tests in 2021 and at one point had 80% of the market. Along with Pfizer vaccine, BinaxNow Home covid-19 tests are a dominant product during the pandemic. Abbott generated a fifth of its $43 billion in revenue from these home tests. Abbott faced several hurdles along the way. It gained when the US government authorized it to make the test. Yet after vaccination took off by mid 2021 the demand for tests declined and Abbott nearly idled its giant factory in Gurnee. Delta and Omicron variants led to a sudden reversal and surge in demand. Abbott developed its test based on an existing design it used in the US for flu tests, by a company it inherited by acquisition called Binax. To do that test one sends a swab up the nose, add that sample and a liquid mixture to a rectangular paper card, and close the card shut. The liquid then travels up the paper strip, revealing one or two pink lines, one for negative, two for positive. This is done in 15 minutes and the simple design described as a lollipop shape, put Abbott far ahead of competitors. The US FDA authorized Becton Dickinson and Quidel to make the tests before it authorized Abbott, but these rival companies had a poor and complex design. The Trump administration gave Abbott a $760 million contract to buy 150 million tests for distribution to health departments, long termcare facilities, nursing homes, and schools. And by October 2020 Abbott was already making 50 million tests a month. When it comes to distribution Abbott tapped into its pharmacy connections for baby products such as Similac baby formula. This gave it an advantage over Quidel and others who also lacked the manufacturing knowhow for large scale ramp up. The BinaxNow in pharmacies was sold at $24 for a box of two tests, while government paid $5 for one test. Abbott says it makes $ 7 per single consumer test. Yet there was one problem waiting to hit Abbott in 2021- demand dried up as the vaccination campaign took off. In fact the plant manager, Mr. Rodriguez, planned to move to another job inside Abbott as production declined. Then came the Delta variant and he was asked to ramp up production again. With Omicron demand soared. The Biden administration committed $3 billion to help boost test production and asked Kroger and Walmart to sell over the counter tests at cost for 3 months. Abbott had to lure workers from Amazon at $25 an hour for the Gurnee plant expansion. What was learned by the government and Abbott from this experience? The US government now looks for ideas in meeting demand volatility, supply challenges and production needs,. Sustaining production capacity is important for future virus flareups- a new government-industry partnership is required for maintaining test making infrastructure. With government help Abbott plans now to keep the facility at Gurnee operating indefinitely. ...
Wall Street Journal Original article ›
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Pakistan's GDP growth is expected to be 4% in 2012, an increase from 2% in 2011. Foreign exchange reserves are up to $18 billion. Repayments in 2015 to the IMF will be a quarter of the payment in 2012, says Finance Minister Abdul Hafeez Shaikh. Tax collections are up 24% for the first 9 months of the fiscal year 2012. Remittances from Pakistanis aborad are up 21% to $9.7 billion and exports up 5.5% over the $25 billion exports for 2011. In an WSJ op-ed, April 16, 2012, Michael Boskin,who helped negotiate the North American Free Trade Agreement for the elder President Bush, says it is time for a free trade agreement between India and Pakistan. Shaikh says he expects to see trade with India up from the insignifcant levels of $2.7 billion in 2012 to $10 billion by 2015. Boskin sees the potential for trade at $50 billion based on trade models. This would help change the landscape in the South Asian region after decades of neglect, strife and conflicts and is long overdue to benefit the billion people on the subcontinent....
Wall Street Journal Original article ›
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Germany's industrial union IG Metall with about 3.6 million workers is asking for 7 to 8% pay raise for its members. Goldman Sachs Dirk Schumacher says a rule of thumb is that the final deal is about half a high as the initial demand. Last year the demand was for 6.5 raise and the end result was a 4.1% aise in mid 2007 and a 1.7% raise this summer. That deal ends in November. A look at the graphs for last year side by side showing inflation and pay increases from the Federal Statistics Office of Germany shows that even with the pay increases granted the CPI monhly data for Germany or the rate of inflation is running higher than rate of pay raises. The German economy is not doing as well but experts say that it can absorb these moderate pay raises without affecting the attractiveness of exports and affecting demand in Germany. If anything inflation has accelerated compared to last year so for German workers the situation would be more like the status quo or just keeping up with their current situation. ...
DW.COM Original article ›
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The traditional Easter marches in German cities that call for peace in Bremen, Hanover, Munich, Cologne, Leipzig, Stuttgart, and Duisburg. Protesters in Jena held up banners saying "No to War." The Easter marches began with a demonstration in Hamburg in 1960.

Washington Post Original article ›
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Kyushu Electric Power's Sendai Nuclear Plant is the first nuclear plant to be brought back into operation on August 10, 2015, as Japan brings back nuclear plants with strict safety standards under the Abe administration. Household electric bills had gone up by 25% with nuclear plants shut down.
The New York Times Original article ›
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U.S. president elect Trump meets with the heads of tech businesses on Dec. 14, 2016. CEO's of Amazon, Facebook, Google, and Microsoft were present. Trump was exuberant about the advantages secured by U.S. tech companies in global business, saying- "there's nobody like you in the world. Anything that the government can do to help this go along, we're going to be there for you." The discussions covered need for more vocational education, advantages and disadvantages of trade with China, and immigration. Quarterly meetings of this type are now planned with a smaller group organized by Jared Kushner to cover immigration and education.  Jeff Bezos of Amazon described the meeting as "very productive." Bezos says he told the group that the best way was to use innovation to create jobs outside of tech in agriculture, infrastructure, manufacturing elsewhere, to create large number of jobs. Ginni Rometty, CEO of IBM, and other executives are part of the Strategic and Policy Forum set up to provide business input to the president. ...
Original article ›
LyrArc Article Gist
The dangers to public health from Tobacco use in China are huge. About 1 in 3 cigarettes in the world are smoked in China says the WHO prominently on its site. The result high levels of cancer, lung and heart disease that could be prevented. A similar situation exists in India and South Korea. Asian countries have performed badly in tobacco use and production creating catastrophic public health risks, even countries that have adopted new technologies and caught up with Europe and the US. 

Wall Street Journal Original article ›
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How Integrative Medicine, changes in lifestyle and diet, yoga and exercize, meditation, no smoking habits, can add up to changes in the nation's health that work more effectively than new drugs to prevent or delay the onset and progression of chronic diseases like diabetes, asthma, heart disease and of obesity, etc that consume 75% of the costs in the $2.1 trillion spent on medical care in the USA. Shockingly 95% of these costs are incurred after the onset of the disease, proving that prevention is simply not an important part of the equation.
https://www.hindustantimes.com/ Original article ›
LyrArc Article Gist
Reducing income inequality and increasing farm incomes would increase consumption spending and investment for further growth in the Indian economy. Investment in infrastructure development is another source of growth. Higher oil prices and the bad loans in the banking system are barriers to increasing growth of the Indian economy. The problems during the last 2 years of the Congress led UPA government, including the bad loans in the banking system and the uncertainty after corruption cases including the telecom auctions, required that the Modi government take strong action in the first year. 

Wall Street Journal Original article ›
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VW AG China will recall cars with direct shift gearbox systems with quality issues, including acceleration problems. This follows a CCTV broadcast of consumer issues program 315 on World Consumer Rights Day. The 315 program has taken up quality issues of foreign brands in China, including Carrefours, McDonalds, Yum Brands, and Apple. The program shows the shift in China supported by the new government for greater attention to consumer issues. It acts as a signal to foreign manufacturers in China to provide the same quality and attention to detail in the Chinese market that is provided in their home markets. For companies such as VW that depend on the Chinese market for growth, and generally for German, Japanese and U.S. manufacturers that depend on export growth, this will be the new standard for the Chinese market. Companies are at greater risk of quality problems during periods of rapid expansion, such as that being experienced by VW as it ramps up to become the leading global automobile manufacturer. This is similiar to the situation Toyota faced in 2009 leading to recall problems in the U.S. and negative publicity....
NYTimes.com Original article ›
LyrArc Article Gist
Catherine Porter of the NYT gives this story of how the French are finally, finally cleaning up the Seine river in Paris. Under a Swimming plan workers are cleaning up the river so that long distance swimming for the 2024 Olympics happens inside the river itself. During rainstorms 40 portholes dotting the river's paved banks gush with sewage. Some homes along the river dump sewage right into the river, industrial waste also is dumped into the river. It was not always so, in the 1900 Olympics 7 swimming events happened in the river. Swimming was banned in the river in 1923 and today it is murky, and seen as hazardous for swimming. Studies from the 1990's onwards showed it has one of the highest heavy metals in the world in the stretch running through Paris.

South China Morning Post Original article ›
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For the first time a senior figure in Beijing tells why China rejected a U.S. offer for a deal in May 2019. Mr. Trump said at the time that China withdrew its agreement on the deal after initially agreeing to it, creating a lack of trust. 

Senior economic official Li Deshiu says "it was a wholly unfair treaty that seeks to colonize China's economy. If this is accepted it is giving up China's development path, giving up China's rights for development, and making China a vassal of the U.S."

He says the trade war is a broader U.S. strategy to limit China's development in key industries. This is the Chinese perspective on the situation which was not stated in clear terms but alluded to till now.

The Times Original article ›
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Contact tracing apps in the U.S. Britain and France have failed. Contact tracing app in Germany was downloaded 12 million times in the first week. Yet much of the contact tracing in Germany and cluster isolation has been achieved using low tech methods- using a computer with database, and teams of people in district offices all over Germany calling people.

The NHS App in Britain failed to get the cooperation of Apple. In the U.S. Google and Apple planned to have a contact tracing app ready but failed to come up with one. Tech has failed to come up with solutions during coronavirus and low tech solutions have worked well as in Germany and in places such as Kerala, India, when implemented quickly with very little delay.

Wall Street Journal Original article ›
LyrArc Article Gist
Eventually China's stimulus efforts and efforts to build up its reserves of commodities like its Strategic Petroleum Reserve, may not boost demand for oil, iron ore and other commodities enough to offset the recessionary impact on the industrialized economies. And China's demand is large but not that large that it can tilt prices one way or the other. In the first quarter China accounted for 9% of global oil demand, compared with 55% for the largely recession impacted industrialized world. Stockpiling of resources is a temporary factor. Sanford Bernstein estimates the first phase of China's Strategic Petroleum Reserve may have boosted imports by 400,000 barrels a day in March and April. Another factor is consumption. Stimulus dollars pushed fixed asset investment by one third in the first quarter, yet consumer spending went up less than 10%. Consumption will remain weak. Ultimately China's stimulus efforts may act as a brake on sudden falls in commodities prices, and not support continual upward pressure on commodities prices right smack in the face of a deep recession and large underutilization of manufacturing capacity in the industrialized world....
The Guardian Original article ›
LyrArc Article Gist
Italy is only now waking up to the challenge of climate change. Over a 36 hour period northern Italy's Emilio Romagna region received half the annual rainfall. A similar situation was experienced with sudden rainfall and floods in Germany last year.

WSJ Original article ›
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Tariff revenues from import duties on imports from China on apparel, electronics, tools, consumer goods added up to $7 billion in September 2019. A 15% duty on consumer goods was effective September 1, 2019, with $111 billion of this item imported in 2018. 

BBC News Original article ›
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A Spanish engineer tries keeping a log of all activities during the day to discover where time is going and slow the passing of time. This enable a better redirection of time such as walking to work, and improvements that add up over time.

Hindustan Times Original article ›
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The major points in the negotiations between India and China for the LAC in Ladakh. China is in it for the long haul because it wants to develop the CPEC economic corridor and has built up positions on its side of the long border.

Original article ›
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Lost revenue from digital apps and need to recover this by changes to VAT rules is the subject of this report. The government has to make up the cost of coronavirus to the budget as its stimulus meets needs of business and the unemployed.

BBC News Original article ›
LyrArc Article Gist
The 100 year old Capt. Tom Moore who decided to walk 100 laps in his garden in Bedfordshire, England, to raise 1000 pounds for NHS charities ended up raising 32 million pounds from one and half million supporters. Here he is knighted by Queen Elizabeth.

dw.com Original article ›
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After coming down to $0.95 to the US dollar in September 2022 the euro is now back up to $1.07. A drop in energy prices and easing of recession fears in the EU is sparing a revival of the euro. A milder winter in Europe and an impressive effort in cutting gas consumption is helping the EU. The stronger euro also helps in tackling inflation in the EU.

WSJ Original article ›
LyrArc Article Gist
More shale oil from the Permian basin in western Texas is making it way to markets in Europe in 2023. Shipments from the Gulf Coast of the US are estimated to be 1.53 million barrels a day in Jan 2023. Shipments to Spain are up 88%, with similar shipments to Germany, France, Italy and Spain. Natural gas shipments to Europe from the US have doubled in 2022.


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