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Canada's Bombardier based in Montreal launched the C series in 2008 to develop aircraft to compete with Airbus 320neo and Boeing 737 MAX, narrow body commercial airplanes. After cost overruns and delays Bombardier has $9 billion of long term debt and its financial condition deteriorated to the point where it needed a $1 billion loan from Quebec government in 2015. About 40,000 workers in Quebec are in the aerospace industry. In 2018 Airbus acquired a 50.01% stake in the Cseries program to provide marketing muscle because sustainablility became a marketing issue in Bombardier's severely weakened financial condition resulting in weak sales. Quebec government holds 16%, Bombardier 34%. Now Bombardier is planning to sell its stake in the A220 jet program to Airbus to cut its debt. Airbus will cover $350 million in losses for 2020. It is also negotiating to sell its core jet division to Textron Inc. The ambitious strategy appears to have failed for Bombardier as Airbus takes control.     ...

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Antonia Romeo new UK Cabinet Secretary Feb 2026-  precocious yet "warm and forthright"  in civil service interactions active as Consul General and at Home Ministry. After Westminster school and Oxford University, and a stint working at Oliver Wyman in management consulting, she joined the civil service. Becoming permanent secretary at the Department for International Development and the MoJ, and spent time as consul general in New York. She spent time with immigration and boat migrant issues at the Home Ministry, and is now keenly aware of the issues facing Britain. That bit of precociousness is needed at this time to set out a plan of action and get results for Starmer and his team. Based on what Labour stands for building on the skills of everyone in Labour not just those who go by labels as centrists, left and right, false labels that ignore that common sense means something else entirely. Getting results means addressing tough issues for the economy, cost of living, housing, through honesty, resilience, hard work and dedication. ...

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Covaxin vaccine from Bharat Biotech in India is found to be 81% effective at protecting people from coronavirus in clinical trials. India's first Made in India vaccine for coronavirus will play a major role in India's effort to produce enough vaccine to vaccinate 1.2 billion people. With enough vaccine supplies coming from many Indian pharmaceutical makers who will now have access to Bharat Biotech's science and vaccine making technologies. The Indian government has stepped in to coordinate this effort. Covaxin and Covishield will play a major role when new vaccine supplies come into the field in July to December 2021. The target is to vaccinate 1.2 billion people by December 2021. This is an important moment for Indian science in the field of medicine.

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Putin's visit to India is intended to continue India Russia dialogue. One of the topics is trade. New trade deals are planned to take pre-pandemic trade from $11 billion to $30 billion by 2025. Trade would go beyond energy to include education, cybersecurity, agriculture, pharmaceuticals, railways, clean energy. By comparison US India trade for the same time period is $146 billion.

Afghanistan is a source of concern for both Russia and India and this will be part of the talks. Russia also participates in several forums with India including BRICS. 

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There are now 2 Lefts in France after the failure of a no confidence motion in parliament on premier Francis Bayrou. Le Monde says the Socialist Party under Faure made a responsible choice to work with "reconciliation" in mind at a difficult time for the slowing European economy, changes in government in US and Germany in 2025, and no settlement in Ukraine. The Socialist party made certain of key changes in the government's policies for the remainder of Macron's term as president as the price of it's support and for ongoing discussions.

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Tim Cook and 25 years of shipping overseas America's industrial base 2000-2025. A pivotal moment arrives in May 2025 when for the second time after 2016 Cook fails to understand that America's industrial base, it's manufacturing knowhow, is one of the pillars of the free world without which America can no longer lead the Free World as we know it.

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Michelino Sunseri runs up and down Grand Teton at 13,775 feet in 2 hours 50 minutes 10 seconds in Nov. 2025. DJT says it is OK to use a restricted trail. He issues a presidential pardon for Sunseri who was cited by NPS for using that trail.

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The full text of president Biden's address to the American people through the State of the Union speech in 2022.

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The dire situation in Brazil with 180,000 deaths and Mexico with 110,000 deaths by December 9, 2020. Latin America has 460,000 deaths.

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With Qatar as an intermediary a hostage release deal is negotiated with Hamas, including a temporary ceasefire on Friday, November 24, 2023.

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Merz popularity dips slightly as he brings up tough issues such as 4 days work weeks in Germany, Many working part time and CDU calling for restricting part time to workers giving care to elderly, childcare, and for education. The German welfare payments close to minimum wage was an issue in Germany but is declining in significance. Most significant today at 35% is the issue of social inequality. Taxes unfairly distributed at 13%, and the asylum seekers issue at 9% lower today by 2%. On the economy Merz pointed out that- "Prosperity cannot be maintained with a four-day work week and an exaggerated work-life balance." He also criticized the high number of sick leave days at 14.5 average days sick leave per employee per year. Polls in February 2026 show CDU at 26%, SPD at 15%, Greens at 12%, Left at 10%, AfD at 24%, FDP 3% BSW 3%. Popularity in Germany is highest for defense minister Pistorius and next comes foreign minister Wadephul. Merz is less popular but he is raising the tough issues and taking strong action compared to Merkel who was more interested in her personal popularity than what was good for Germany. Also not given credit for action is Merz removing constitutional brake on spending for investing in Germany's infrastructure and defense, and fixing problems left behind by Merkel who neglected infrastructure, digital economy, and defense. ...

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Kviv winter 2026 with heat infrastructure destroyed by Russian missile attacks.  In the dark days of winter, life in Kviv and Ukraine contrasts with that of life in the other nations of Northern Europe (UK, Nordics) that see a continuation of the war from the comfort of their own homes not having experienced any of the aspects of life in such a war. The US has sought to bring an immediate or early end of the conflict that serve no purpose for Russia or Ukraine or the US. The root cause of the war is enlargement of NATO and it was done under a series of Northern European leaders starting with Solana in Spain, and Robertson from UK under whom much of the enlargement of NATO happened, followed by Nordic heads of NATO. This was a grave mistake and the Bush-Clinton-Bush-Obama administrations in US failed to grasp this mistake. NATO was created under the threat to Eastern Europe and Greece Turkey during the Truman administration from the Soviet Union, after Soviet Union collapsed it served no purpose and another institution was needed built from scratch in which all of Europe could freely participate free of influence of any particular part of Europe, with respect for all parts of Europe. In that situation the Ukraine war would not have happened among people who speak the same language and share the culture. ...

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Elena Mayors Taylor gold medalist at Milan WInter Olympics 2026 age 41 years, is th eoldest gold medalist in Olympic history. Her colleague in the winter sport of bobsledding is Armbruster Humphries who has 3 gold medals and is 40 years She says-  "You get a lot of people that like to write you off as soon as you reach 40, it's all downhill from there, is what you hear. I think Elana and I are both proof that that's not true." Former bronze medalist from Britain Jon Jackson says of Elena- "She is not only a ferocious athlete but also a beautiful human being and a genuine person. It has been a real show of dedication to keep going through the struggles of now being a mum in a high-performance sport, the dedication that takes to maintain that level of physical fitness and the hard work of being a parent. It shows her true nature." Elena has 3 children with disabilities and is an advocate for mums. "It should be celebrated that they're both mums, using mum power, both in their early 40s and it's great to see them competing at the top of the world not only physically but the drive and experience too,"   ...

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Crowley home to Gatwick airport- situation of migrants in UK in one English town, shown in The Guardian. Migrants has become a divisive issue in Britain with Labour shifting to new policy on migrants, many Conservative party leaders joining Reform UK party. The situation is similar across the continent in Italy, Germany and France, Netherlands and Nordic countries. It is also a divisive issue in the US in January 2026, and has been since the Operation Wetback under President Eisenhower in 1954 as the US Border at the time was not secure following large migrant flows similar to the last decade. The issues of citizenship are still what they were in 1904 when US president Teddy Roosevelt in his Annual Message to Congress said- "The citizenship of our country should not be debased. It is vital that we keep high the standard of living of our wage workers, and therefore we should not admit masses of men whose standards of living, customs and habits, are such that they tend to lower the level of the American wage worker, and above all we should not admit any man of an unworthy type, any man of whom we can say that he will himself be a bad citizen, or his children and grandchildren will detract from instead of adding to the sum of the good citizenship of the country."    ...

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The new India built refinery by RIL (Reliance India Limited) in the US at Brownsville, Texas, will reduce US trade balance by $15 billion a year and will produce oil using cleaner US shale oil and newer technologies that are less polluting for the environment.  India's RIL Refinery Project for $300 billion at Brownsville, Texas, is Explained here in the Indian Express. The Project is called America First Refining, and was announced by the US president recently.  $125 billion for 60 million barrels of US shale oil processed annually over 20 years and $175 billion for 2.5 billion gallons of refined product to be produced annually for 20 years. US  imports about 2.8 billion barrels a year and (exports 1 billion barrels a year) at a cost of $180 billion a year. This means the trade imbalance from crude imports will be cut by about 10% annually. The new refinery is the first in 50 years and is designed to process cleaner lighter shale oil from the US Permian Basin -whereas existing refineries are designed with older technology for heavier crude oil such as the US gets from Venezuela. Reliance India Limited has a fast turnaround time on projects- new project will come onstream in 2027. It currently has the world's largest single refining complex in Jamnagar, Gujarat, India.  ...

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Iraq is being dragged into Iran War with Iran backed Popular Mobilization Forces as part of the current Iraqi government. Today there are Sectarian divisions Shia and Sunni jostling for influence and power in the state of Iraq, a state created artificially in 1921 by Britain to protect its regional interests. After the Ottoman Empire 1524-1918 was broken up, after the WW1 in 1918, the British in subsequent negotiations got the League of Nations Mandate for Mesopotamia- historically the region between the Tigris and Euphrates rivers. It was made up of three provinces of the Ottoman Empire Basra, Baghdad and Mosul. Basra had a large Shia population, Baghdad and Mosul had a large Sunni population.  To this date no census has taken place except in 1987 and 2024 and never one that shows which portion of the population is Shia or Sunni, so no one really knows. Britain installed Faisal 1 as the King of this artificially created kingdom in 1924. The British operated in this way controlling the Shah of Iran at the time, and the Iraqi king, Egyptian king. Britain and France tried to install a Caliph in Istanbul who would rule Turkey and protect British and French interests but failed because of a Turkish military officer Ataturk who declared a independent Turkish state based in Ankara in the 1920's and defeated British sponsored armies and forces from Greece.   ...

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A review of Champions League games on Jan 30, 2025.

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Pharmaceutical companies in the US will be required to provide rebates to buyers if they increase prices above the inflation rate. This is one of the provisions in the Inflation Reduction Act of 2022 also called the Climate and Tax bill. Medicare recipients total out of pocket costs for drugs will be capped at $2000 under the Biden bill.

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The drop in the value of the Turkish currency, the lira, hits ordinary Turks as it pushes up the price of food, medicine and other essentials. The lira has dropped by over a third of its value against the dollar in 2021. This is leading to a decline in living standards in Turkey, says this report in WSJ. President Erdogan is pushing an unconventional strategy to increase growth, by having the central bank cut interest rates as the value of lira drops sharply. This could lead to further drops in the lira making it difficult to make dollar debt repayments says this report in WSJ. The problem extends beyond drop in standard of living for average Turks. The country's banks are affected and companies that have borrowed heavily in US dollars and foreign currency denominated debt. A large mismatch between foreign currency debt such as dollar debt and the country's foreign exchange reserves has led to countries such as Argentina falling behind and seeking IMF assistance. WSJ points out that Turkey has about $160 billion in foreign exchange assets, and $280 billion in liabilities as of August 2021, according to the Turkish central bank. Bank lending in foreign currency is 24% to 45% of their total loans in the first half of 2021, according to Fitch Ratings. This could lead to dollar debt rollover difficulties as debt repayment comes due in April 2021. ...

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Japan does not support Russian assets plan of the EU to use assets in Belgium $210 billion for Ukraine loans. A $71 billion shortfall in the Ukraine 2026 budget. EU's Leyen wants to use Russian assets in Belgium. Belgium is against the idea. Only Canada and UK support it.

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China has seen novel uses of the internet. Pinduoduo is one of them. It brings people together on the internet to socialize and shop together. Purchases are small compared to Alibaba- $324 a year on average. By  bringing people in large numbers it has brought in about 788 million users in 2020.  One of the attractions is an orchard game where people tend to their digital orchards to earn shopping vouchers and prizes such as boxes of mangoes.The founder Mr. Huang studied computer science at the University of Wisconsin- Madison where he met Chen who now runs the company. Huang's first effort as recently as 2015 was to sell lychees and fruit from their sole warehouse in Shanghai on WeChat platform. This failed when the computer systems of the website could not handle the large number of orders. Lychees then rotted at the warehouse. From that first effort he realized the way social and browsing platforms could work with shopping. To build up large number of buyers who could be served advertising he came up with subsidies to buyers that are financed from the advertising. Money from advertising is put back into the subsidies. The buyers get discount on purchases and the browsing social platform builds large number of users in a short time. In this way it has as many users as Alibaba but purchases are small.  As in these types of startups with huge valuations and fast growth no profits were made in 2020. The loss is $1.1 billion in 2020. It has put $13 billion of the ad revenues into subsidizing the products on the site. Investors have given the company $6 billion for an agriculture program to sell fresh food and produce.  The Chinese government sees the company subsidies as having an effect of distorting the market prices. Regulators have fined the company for its practices. The company's working culture has some aspects that come under criticism with deaths of two employees.  This offers a glimpse of China's internet culture. How much of it is real constructive development of the internet is always a question. Is investor capital productively invested is also a question. Like Japan in the late 1980's few questions are asked by investors about productive uses of capital. As growth slows as it did in Japan by 2000 a lot of these questions are likely to come back.   ...

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The Microsoft Edge browser replaced the Internet Explorer in 2015. Now the Internet Explorer will be removed from most versions of Windows 10.

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American workers at the bottom of the income scale, black, younger and low wage workers benefitted the most from wage increases in 2022.

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The average annual UK household energy bill is expected to double from about 2000 pounds now to over 4000 pounds by April 2023.