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US beat Slovakia 6-2 and Canada come from 0-2 to win 3-2 against Finland in men's hockey at the Milan Olympics. US play Canada for the gold medal. US has won gold 3 times, Canada 10 times in Men's Olympic hockey. US already beat Canada in women's ice hockey for gold yesterday by scoring in overtime.

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Anti-immigrant sentiment in the city of Dresden,in the former East Germany. Sentiment is muted compared to places in the western part of Germany, because only 2% of the population in the east are foreigners. It is also muted in comparison to France, because of low unemployment.

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Hard as it is to believe average leisure time in developed nations declined by 10-15% in the 2010's. After achieving the 8 hour day the burdens of childcare and blurring of the boundaris between work and leisure have led to this situation. This has led to the idea of "time poverty." 

For women who bear the greater share and burden of child care in normal times, and heavy burden during the pandemic, this is a situation that brings with it mental health issues.

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US Defense Spending charts as percentage of GDP since 1929 startling fact seen in this chart of Federal Reserve Bank of St Louis- that in 2026 we are seeing 1929-1937 levels of military spending to GDP ratio of 2-3% just before it jumped to 45% in 1940 in World War II. It is a cautionary tale not to spend too little (2-4% is a danger point), as lack of military modernization means a lot more spending soon after, almost 10 times that- 10 times 4% or 40%. Message to the US is not what Starmer and company are saying in Europe- it is that don't invite the existential crisis of 1940 again for western (US, EU, Canada, UK) and eastern democracies (India, Japan, Indonesia, Australia) by ignoring costs of military modernization. And 2-4% of GDP for military spending is not going to do this.

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$6 billion transferred from South Korea to Qatar in a deal to free prisoners is now being used for humanitarian help to people of Iran overseen for purchases made by Iran's central bank by the US and Qatar. This is part of a necessary deescalation in the conflict over nuclear seen as needed at this time by all G-8 leaders including India, and also China which is also monitoring Iran following the spirit of ending the war outlined in the Memorandum. 

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For the first time deaths in Britain from coronavirus exceed 100,000. Deaths reached 103,602 on January 27, 2021, with all of the UK in lockdown again. Britain now has the highest coronavirus deaths per million population in the world. Analysis in The Times looks at what went wrong.

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Extremely difficult engineering challenges for fueling, refueling in space, the lander for moon's surface, lie ahead for a Moon base planned for 2028. This time the NASA program will go on uninterrupted by swings in public sentiment.

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How to avoid simple errors in Tax filings with the US IRS. A lot of the processing is done by computers even though the IRS has lost 25% of its people or 28,000 in 2025. Tax filings need to be consistent, with all 1099's for IRA's accounted for, Information needs to be consistent and complete as computers catch these errors and ask for information. Prompt replies can clarify, but its best to do this from the beginning and save time.

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In his resignation speech to the House of Commons UK Health Secretary Wes Streeting told the House on May 20, 2026. He calls for bold action based on a bold vision not simply treading water.  "I left the government because we are in the fight of our lives against nationalism, and it is a fight that we are currently losing." "Unless we change course, we risk handing the keys of No 10 to Reform, and I do not want that on our consciences." "For the first time in our history, nationalists are in power in every corner of the United Kingdom." "Scottish and Welsh nationalism represents an existential threat to the future integrity of the United Kingdom." "And Reform UK represent a threat to the values and ideals that have made this country great." “Never waste a minute – that’s been my mantra in government, and it’s why I don’t believe our party has time to waste in government treading water,” Streeting told MPs. “The Labour party was elected to deliver real change. We still can.”   ...

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DJT says time is on their side to negotiators so that the blockade on Iran will remain till a deal is made that cover nuclear materials. US blockade of Iran in force till a deal is reached as final deal will require going beyond Memorandum to nuclear materials -this is the situation on May 24 2026. Mediators Pakistan and Turkey have only got as far as getting a Memorandum- a written document of intentions not actions taken on nuclear materials- while all the time the IRGC Iran says nuclear is not included. What explains this? There are now two factions inside Iran that are the IRGC and the elected president of Iran, one not as committed to nuclear weapons as the IRGC at the cost to the people of Iran and the nation's economic future. This war has proved that while oil producing countries are causing great damage to their economies and productive potential- this includes Russia, Iran and Saudis-the world is moving on its goal of reduced dependence on oil followed by fossil free future in 2 stages. By the first stage if modernization does not take place in the Middle East it will lose forever the opportunity to modernize infrastructure and fall behind other countries including China, India, Brazil and other nations that have made the shift.  ...

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Kevin Warsh was appointed by George W. Bush in 2006 as Fed governor. He was the youngest governor in Fed history at that time at age 35 years. His education is public schooling in California, a degree in public policy at Stanford and a law degree from Harvard. His term at the Fed was 2006 to 2011. During the financial crisis he gained experience, and after term at Fed was lecturer at Stanford Business School, and scholar at the Hoover Institution of Stanford University. Warsh was considered by DJT for the position of Fed chair but was considered to lack enough experience compared to Powell who was made Fed chairman. In 2026 Warsh 56 years old and with more experience was considered by DJT as the top choice when Hassett was retained at the National Economic Council NEC.

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Aramco Saudi pipeline to Yanbu to get 7 million b/d out from the east to western Saudi Arabia on Red Sea- 700 miles long as long as Trans Alaska pipeline. It was built with help from Mobil Oil in 1983 during the Iran Iraq War to get oil away from the volatile Gulf region. Another pipeline gets about 2 million b/d from UAE to Fujairah on the Gulf of Oman. This is not the first time the Saudis have faced such a volatile Gulf region.

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Samsung stock price up 144% Intel up 255% in 5 months of 2026, as the S&P makes eight weeks of consecutive gains May 23 2026. Companies in the S&P 500 trade at 21 times their expected earnings over the next 12 months, the 10 year average is about 19 times their expected earnings. The war in Iran, the war in Ukraine, and the massive misallocation of investment to AI are risks for the US economy, yet the US stock market continues to be robust.

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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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Bundesliga site writeup for Miroslav Klose talks about the modesty and humility of this player born in Poland of a Polish mother and German father- an all time leader in World Cup Soccer goals (16 goals), one who made his country proud. In his last stint as a player at Lazio club in Italy he was loved by fans in Italy who wanted him not to retire. A player with the same confidence and humility now is headed to surpassing Klose's record in this year's 2026 World Cup Soccer- Kylian Mbappe of France.

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Tourism is recovering in Kashmir as the violence in Kashmir is fading gradually with sporadic incidents, with a new democratically elected civilian coalition government in Pakistan which may not be interested in supporting violent factions inside Kashmir. 450,000 tourists visited Kashmir in 2007 but only 25,000 foreign tourists. The state is investing in golf courses in Kashmir to make Kashmir a golfer's destination for tourists from Europe, the Middle East and the USA. This shows that the mood there is changing and a new wind is blowing.