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Frank Rich of the NYT thinks Obama's problem is not the GOP which is losing public support very quickly as the CBS/New York TImes poll shows, or the mortgage rescue plan and the shaping of new priorities in his address to the joint session of Congress which have increased in popularity for a people nervous about the economy, but the increasing unpopularity of the banks and financial institutions. His plan for financial institutions lacks the clarity and direction of his other efforts, says Rich. And Geithner who was protegeof the old boys Greenspan, Rubin and Summers who got the country into this disaster, is not the man who can convince the people. Therein lies the President's problem. He has chosen these people to come up with the solution to the banking crisis, and he has to sell this hugely unpopular solution with his advisors too timid and too complicit in the origins of this problem, that they have not been able to craft an effective plan. And the people who run these banking institutions are still running these institutions, and the people who run these auto companies are still running these auto companies, something that is hugely unpopular with the people as the CBS/New York Times poll shows. Only a new management, a new board, and a fresh clean beginning, and a convincing plan, would convince the people that another big bailout of $750 billion in banking "asset purchases" on top of the previous $700 billion bailout is going to work....

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Krugman points out that a centrist solution is not the panacea it sounds. A lot depends on what it is and what is seen as centrist, if it really is centrist, and if it makes sense. A centrist proposal that leaves out tax expenditures but is different from the positions staked out by the factions on both sides of the political spectrum, and sounds moderate may not be the right solution.

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Six cities have rejected the Olympics, with Calgary in Canada being the last one. The problem with hosting the Olympics is how much it costs. Cost overruns are common. 20141 Sochi WInter Olympics estimated budget was $10 billion, in the end it cost $51 billion. 

Brazil is the latest example of the problem. With huge needs in sanitation, epidemic prevention, infrastructure and public services, the country did badly by spending money on new soccer stadiums in the northeast which were not used after the World Cup soccer championship, and in the summer Olympics. 

Learning from these lessons voters in Calgary, Canada, rejected hosting  the Winter Olympics. Voters or local councils in Innsbruck, Austria, Rome, Italy, Bern, Switzerland, Hamburg, Germany, Oslo and Stockholm have rejected the idea of hosting the Olympics. Other problems are the environmental impact with deforestation to create Olympic sites.

 

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Friedman describes what he has seen on a road trip across America from Indiana to Tennessee. He says he sees both declining communities and thriving communities, that Trump is only half right about failing communities. He says the prescription of Trump is 100% wrong, as the thriving communities do not need a strong leader at the top, but leadership at local levels coming together, at schools, businesses, community foundations, civic groups, all working bottom up not top down.

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Britain to lead coalition efforts in Strait of Hormuz- in the 1950's this part of the world was still part of the British Empire. Britain was the dominant power in Iran in 1900 and was also dominant in Turkey for a period after the First War in 1918 in Turkey. With the collapse of the Ottoman Empire Britain and France assumed a stewardship role over what is now Israel, Iraq, Syria. Only after the rise of Ataturk in Turkey in the 1930's were there independence movements and anti-monarchial movements in the region. Ataturk was an avowed modernizer who Europeanized Turkey, that was not so with the anti-monarchial movements in Iraq, Syria, which led to a great deal of unheavals and the wars we know today as Iraq war, Afghan war, Iran war. In Iraq and Syria it was a form of Soviet Communist/ Socialist  style movements that took power, and in Iran it came in the form of a religious movement based on Shia Islam that by the 1990's clashed with the socialist movements in Iraq and Syria. Syria and Iraq disintegrated costing the US dearly in resources and men, and the Afghan wars hurt both the Soviets (Russia) and the US. The Iran war may be the last of these wars as the US and Europe, and Russian Europe, China, India and Japan, close this chapter in their interactions to a region that is impervious to the kind of modernization that started in 17th century Europe with the Renaissance, in 18th and 19th century Europe with the Scientific Revolution, and in 20th century Europe with the Industrial Revolution, that was fervently desired in Russia, Japan, China and India as these ideas spread over western and southern Asia like wild fire and were adopted as emancipating and with a sense of wonder by the Asian people as their own.  The world may soon decide it can do without Hormuz. China Japan, and India can secure alternative supplies of oil from US and Russia, and ramp up their production of renewable energy to make Hormuz redundant by 2030 and- history. Germany already has shown the way - getting only 6% of imports of energy from that region. ...

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Spain's Opposition PP party wins 7 million votes compared to Socialists in government winning 6.3 million. PP party won an absolute majority in the Madrid area which means it does not depend on the far right Vox party. Spain's prime minister Pedro Sanchez and Socialist leader calls for a snap general election on July 23.

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India's 945 million voters today compares with 174 million in 1951, and 214 million in 1962. Not till 1962 was election turnout at over 50%. In 2014 and 2019 election turnout was at 66%. The Election Commission of India wants to see turnout at 75% by helping migrants and youth to vote. 

 

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Sel-awareness, what it is and how it can help one build on reflection that happens when one slows down not going on at the fast pace of today's life. It gets one to know how ones actions are perceived by others, how to develop the humility to see oneself and others in ways that improves social interactions.

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Macron's address to supporters in Paris following his win for a second term in office. Macron says the second term will not be one of continuity alone, it will be ambitious and take up new projects, be fairer to all segments of the people and "no one will be left by the wayside."

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A warmer than expected winter and lower inflation is helping European stocks in Jan 2023, says this report in the WSJ. European indexes are also not weighed down by the decline in tech stocks as in the US. Germany's DAX and France's CAC have risen by 16% compared to 6.9% in the US for last 3 months.

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The China Cognition and Aging Study of 29000 adults over 60 years over 10 years from 2009 to 2019 shows that healthy habits of eating, exercize, socializing, cognitive activity have as much as a 90% impact in maintaining memory skills as people age. Not smoking and no alcohol are part of thehealthy habit routine. Cognitive activity includes writing and reading.

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This report in DW.com looks at planting trees pledge of COP26 Glasgow. It says in planting trees it should be done using trees native to the land and the region so that water guzzling trees are not planted and water is conserved. Also important is to protect forests and restore habitats. Grasslands and peatlands are also ways to soak up carbon.

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Reports from hospitals and healthcare workers in Indonesia shown here in The Guardian provide a picture of a health system under severe stress. The government was not able to curb travel during the Eid holiday. Packed airports, bus stations and railways during the holiday travel period combined with the high transmission rate from delta variant has hit the country hard.

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Closing fast in Asian countries have helped these countries to reopen faster. South Korea and Taiwan are examples of swift action and the benefit of experience from past epidemics, public cooperation and understanding that is not as prevalent in the U.S. and Europe. SARS and MERS prepared Asian countries for this virus compared to countries in Europe and the U.S.

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Spanish coach Luis Enrique says the Argentine team of Lionel Scaloni with Messi in top form is way above the rest including European teams and Brazil. Argentina beat Italy recently and European teams such as Britain, Germany and Spain are not doing well. Players are playing too many games and lack rest periods with only 4-5 days to prepare.

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In the US Los Angeles and New York City are the two most expensive cities. In Europe, Paris, Copenhagen, Zurich and Geneva. Tel Aviv is ranked the most expensive city in the world. In Asia Osaka and Singapore. Expensive is not a desirable situation as these cities have seen costs soar and become overcrowded, with better alternatives for visitors.

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About 24,000 Chinese people from China took the route through Ecuador to the Darien Gap and then to the US border with Mexico. This is the fourth largest group after Venezuelans, Guatemalans and other migrants entering the US. Out of 1.3 million people in the US with orders to be deported 100,000 are Chinese, says this report in NYT.

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The Indian Express looks at the impact on children for learning and education of the coronavirus pandemic. More children in areas that have lagged behind economically are unable to read in second grade. In some states the number of children who are not able to read second grade text has more than doubled. This can be seen across other grades.

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Even in a remote part of Canadian wilderness at Lac LaBelle Serge Schmemann of the NYT finds no respite, no escape from the fires that have consumed large parts of the Canadian forests and sent acrid smoke into neighboring regions. Here he describes the problems stemming from climate change and the dangers if temperatures rise by 2.5 degrees.

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The White House is expecting the half of the 2.2 million federal government workers who do not work out of their government offices to show up at offices and use them with "enhanced flexibilities." A GAO report shows that 17 out of 24 federal agency headquarters buildings in Washington D.C. had an utilization rate of 25%.

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Sober travel is surging among young people in America. This report shows sober travel meaning no alcohol in wineyard trips to Sonoma, California, or in the foothills of the Andes mountains in Mendoza wine countryside. For them it makes good sense, wellness, beautiful landscapes and fine dining. This NYT report shows a growing trend of travel of this kind.

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This article in the NYT cites research published in JAMA that shows higher rates of depression among women who complete medical residency training, because of the larger share of child care and household duties. This places a bigger burden on women than their male counterparts, even though the long hours and strenuous duties create a high rate of depression for doctors.

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Kylian Mbappe scores 2 goals with the first in the 15th minute that broke the net to put Paris St Germain 2-1 against Real Sociedad in San Sebastian. After a 2-0 win in Paris this puts them up 4-1 in aggregate. Kane and Muller score for Bayern Munich against Lazio for 3-0.

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Biden's executive order to expand legal protections of undocumented spouses of American citizens in June 2024 recalls a similar moment in the Obama campaign in 2012 when Obama made took similar action at that time. It bolstered Obama with Hispanic voters at a time in his campaign when his support among Latinos was not that strong.

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In an excerpt from ABC interview in The Guardian with Biden, the president says he was exhausted, and he was sick that night and he just had a bad night, should have listened to his instincts to rest after long travel and extremely busy schedule. "It was a bad episode, not a serious condition."