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The Saudis fear a blowback from a military push by the US against the Taliban. Pakistan sees a push by the USA leading to Taliban concentrating in the Baluchistan part of Pakistan.

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Alvin Bragg was elected in 2021 as New York County District Attorney covering Manhattan. Before this he was an Assistant US Attorney in the Southern District of New York and appointed as chief deputy Attorney General for New York State. His early education was at Trinity School and at Harvard where he finished degrees in government and law. He is only the 4th person in 80 years serving in this position succeeding Cyrus Vance. Bragg inherited this case of claims of hush money payments by Mr. Trump to a porn actress. Bragg as Chief deputy Attorney General has experience in prosecutions against people connected with the Trump organization and administration. Bragg decided not to pursue the case a year ago because he was not convinced there was enough supporting information and the direction was not clear. He decided to bring in more resources additional prosecutors, and studied the case in different areas before deciding on the one area to focus on, a process that took one year according to a recent NYT report. It is only after this process that an indictment of Mr Trump was made. ...

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WSJ interview with Narendra Modi before he meets Joe Biden at the White House. This interview talks about India seeking larger role in world affairs, about Indian democracy. Seen from inside India the perspective is different. India is at the same stage where China was in 1990-2000 with the rising aspirations of a billion people, Japan in the Meiji period in 1900. It is all about jobs, investment, technologies and manufacturing on a scale that surpasses China in that period with newer technologies to meet the rising aspirations of 1.4 billion people. China's trade with the US was three times higher than the Indian trade with the US in 2022, India desperately wants to catch up and fast. The Danish ambassador to India was asked what he saw in India today and he said it was the rising confidence of people that struck him most. The digitalization that has changed the way government benefits are provided to 1.4 billion people and opened bank accounts for all, provided delivery of services to all parts of the population. The infrastructure that is being built at breakneck pace, and new colleges and universities expanding access to quality education, healthcare.   ...

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The Fed's action will help retirees and savers after two decades of low interest rates were introduced to counteract the abuses of the financial market actors in 2009 and in prior crises. It hurts borrowers who had benefitted from such policies and as the situation returns to a more normal 5-6% interest rates that have prevailed for most of the postwar period, the situation is better for most Americans and the American economy. Not only is the Fed fighting inflation, it is also ending an abnormal period for interest rates which hurt American savings and older Americans saving for retirement. When combined with the Biden administration's spirited action to invest in American manufacturing, in science and technology advancement, in infrastructure and education, this creates a resilient economy with low unemployment and moderate inflation.

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Canada is the largest supplier of oil to the U.S., supplying more than 2 million barrels of oil imports a day. Here the heads of the U.S. and Canadian Chambers of Commerce argue that a new pipeline from Alberta, Canada to Texas would supply an additional 1.1 million barrels of oil a day. The pipeline project- called the Keystone XL pipeline- has been under review by the U.S. government since 2008. An Energy Dept study in February 2011 found that the project should go ahead, but it is being held up for further environmental studies by the Obama administration. The delays may be the result of opposition to Canadian oil sands development. At the same time significant progress has been made in reducing the environmental impact of oil sands development. About 80% of the water used in the process is now being recycled. Tailing ponds containing waste product from the oil shale process are also being reclaimed for green land and replanted with trees and shrubs. TransCanada says the Keystone XL pipeline could create 20,000 new American jobs for construction, and 250,000 jobs in the long run. Strict environmental standards can be followed say Donahue and Beatty, because the U.S. is partnering with Canada....

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China has over the last 10 years expanded its investments and trade with Latin America to match that with its earlier investment in Africa. China's trade and investment structures in Latin America are designed differently to correct for earlier mistakes in Africa where investments turned into a debt trap for African nations. This time China invested slowly in Latin America and created better terms for loan repayment. A look at the public debt to China as percentage of GDP shows for Brazil $30 billion is less than 1% of GDP of $2.174 trillion (World Bank). After the outcry on public debt to China of Pakistan and some African nations China has a different strategy and Brazil has a different strategy slowing borrowing and focusing loans on infrastructure projects with good returns on investment. Brazil total debt to China since 2005 is $30 billion with loan borrowings slowing down (China's strategy) in the last decade, and carefully arranged by Brazil. Contrast this with $26 billion owed by Pakistan to China on GDP of Pakistan of 338 billion in 2023- 7.7 percentage points. Sri Lanka owes $24 billion to China on $84 billion GDP of Sri Lanka- 28 percentage points.   ...

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Denmark's shipping company Maersk is a bellwether of global trade with 700, ships and managing port terminals, logistics. Maersk has a new CEO Vincent Clerc as the company takes on a challenging environment with disruptions in the the supply chain and in global shipping during the pandemic, and shift in supply chains to other countries in Asia including India and Vietnam.

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The deputy chief medical officer, Dr. Jenny Harries, asks people in Britain to limit themselves to what is sensible and not what is possible, to use common sense, so that reopening works. The Housing Secretary, Mr. Jenrick says the room for maneouvre is limited with the reproduction R ratio for Britain at somewhere between 0.7 and 0.9. There is also a lag period for data making it so that the current situation is not known. Germany's after reopening is now estimated by Robert Koch Institute at 1.14 so that there is some shift to be expected as the opening happens, the idea being to limit this to around the 1.0 figure. Britain reopens cautiously and in  in a patchy way with primary schools reopened, and people from different households allowed to meet in groups of six as long as they stay 2 metres apart. Outdoor markets and car showrooms are also reopening. Also stated is the need to be sensitive to geography as areas such as London which were hit early and with severity are now better off than areas in the north of England. ...

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Economists are calling this a "wage-less" recovery in the U.S. With unemployment at 8.8%, wage pressures are weak. Average hourly earnings were flat in March 2011. The annualized growth of average hourly earnings for the last 5 months is 1%, according to Gluskin Sheff chief economist Rosenberg. After accounting for higher inflation, real wages are actually falling.

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Ski resorts in the northern French Alps in the Savoie region and the southern French Alps near Grenoble are easy to access with flights from the US and cost a fraction of what the ski resorts cost in the US in places like Colorado. About 4000 mountain ski resorts are owned by families or a municipality and have kept costs low. By contrast corporate consolidation has led to much higher prices in Colorado and other mountain ski locations in the US. 

During the summer and fall seasons these locations are attractive for hikers and cyclists and cost much less. 

Shown here are-

La Clusaz an hour's drive from Geneva, Switzerland with five sprawling mountains.

Obergurgl-Hochgurgl in Ausstrian Alps near Italy, the Tirolean region and culture.

Tignes, France about 2 and half hours drive from Lyon or Geneva.

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WSJ report on Robert Kennedy Jr's efforts to remove artificial dyes in cereals used by Kellogg, General Mills, that are harmful to health and wellbeing of children and adults. RFK Jr is the nominee for Secretary Health and Human Services. Cereal made in Canada for Fruit Loops uses natural ingredients juice from carrots, water melon and blueberries to get the same colors. In the US artificial dyes are still used. When General Mills stopped using artificial dyes in Trix it changed the color and tasted bland according to food scientists in the company, leading to consumers not supporting the change. Large cereal companies are not taking the action needed when it comes to educating the public about the need for the change and making changes for healthy cereals.

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The Lisbon Treaty takes one more inexorable sep in bringing the EU to maturity. The EU needs a public face, and the ongoing EU Council President position instead of a 6 month rotating presidency plus the Foreign Affairs Representative position create this face. In discussions with the USA, China, India, Brazil and other countries the EU then has someone of stature to take up EU interests.

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Because most of the increase in U.S. oil production is in landlocked states in the U.S. midwest without easy access to markets in coastal cities, the lower prices of West Texas Intermediate (WTI) crude benefit refiners in the midwest but do little to lower pries of gasoline at the pump.

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Efforts to ramp up the actions on stopping illegal migration in the EU after the US president describes the shaky situation in Europe. EU ministers agree on centralized list of safe states to return migrants- Bangladesh, India, Egypt, Morocco and Tunisia. EU plans to downgrade trade ties with countries that do not cooperate. The idea of return hubs outside the EU are proposed by Denmark. Denmark is now working with UK to help the UK develop a Denmark style policy that cuts down illegal migration after the unrest in Britain over asylum hotels. Failure to act quickly and have a comprehensive approach that works to reduce illegal migrants across borders can lead to governments such as the UK being voted out for other parties with strong anti-immigration stance as the mood shifts in Europe.

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Labour leader Keir Starmer tells the 1923 Labor Conference in Liverpool imagine what we could build  "if working people feel they belong and can contribute to Britain, if a whole country says we back your potential." He said of the Tories damage during 13 years of government, "their project will crash against the spirit of working people in this country." And he called the Labour party the builders, the healers- "But know this-what is broken can be repaired. What is ruined can be rebuilt. Woulds do heal." And he said "people are looking to us because they want our wounds to heal and we are the healers, people are looking to us because these challenges require a modern state and we are the modernizers, people are looking to us because they want to build a new Britain, and we are the builders."

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Mike Clancy of The Prospect writes in The Times of London that he has found that two thirds of remote workers working from home would like to have the right to unplug from work and not be expected to connect with the office at some point in the day, and that this would have a hugely beneficial impact on mental health.   The biggest problem that workers working from home have found during this pandemic for one year now is that it blurs the line between work and life outside of work having a negative impact on one's mental health. Surveys have found that about half of remote workers like the idea of working from home, having time from commute and being able to be have more freedom from being tied down to the office space. Companies are looking at cutting about 25 to 50% of office space but have not looked at the problems workers have and not set new rules about when the line for work is set and workers can cut off from work and not be expected to be reachable by the office. Clancy even goes on to say that companies have looked at the problems of the last century not this one and largely stayed away from tackling the real problems of workplace- stress, burnout and surveillance. Lyrarc recommends readers look at the way Germans approach this idea of blurred distinctions between work and life outside of work in the idea of "Feierabend" that literally means breaking away from work at some point say 4.00 pm or 5.00 pm to take a bike ride or walk or do something else. ...

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Awesome pictures of the lunar eclipse in the night sky on Wednesday, May 26, 2021. It combined a supermoon, lunar eclipse, and a blood moon. Blood moon refers to the reddish hue as light filters through the earth's atmosphere. In native American cultures this is referred to as the flower moon. Lunar eclipses happen when the Earth passes between sun and moon, blocking the sunlight that normally illumines the moon's grayish white cratered surface. The next one is on May 16, 2022.

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Turkey's Erdogan negotiates with Sweden's PM Ulf Kristersson, setting three conditions for approving Sweden's entry into NATO. The first active anti-terrorist efforts against Kurdish groups in Sweden, the second lifting of a veto on sale of F-16 jets to Turkey by the US, and the third visa free travel for Turks in the European Union. A $6 billion deal with the US covers 40 F-16 jets sale to Turkey and the modernization of another 79 Turkish fighter aircraft.

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In a policy unchanged since 1950's women in China retire at age 50 and men at age 60 years. China is aging faster than the US and it's population that is over 60 years is 20% of the population. Over the 5 years to 2025 about 40 million people will retire, about the size of the population of Canada. There will be 36 million fewer people in the working age population ages 16-59 to support them. Chinese migrant workers and families work longer hours than white collar workers making it difficult to raise the retirement age to European levels in a short time. The government's approach is to get public support by creating awareness about the problem and change the retirement age gradually over a longer period. The first step will be bringing the retirement age of women to the level of men. The 10 year gap in retirement age of men and women is not found in any advanced economy.

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California has lots of water after record breaking rains in 2024 but this is not the situation in the Central Valley leading agricultural region of California and the nation. Farmers in the San Joaquin Valley in California say they are getting a reduced allottment of water because of concern about endangered fish species. Farmers in the Central Valley the fruit and vegetable basket of California will get just 40% of their usual alottment of water this year and will plant less crops. Some ranches planting only 60% instead of 80% of their land. In 2014, 2015 and 2022 droughts the farmers lost about $7 billion and it cost 40,000 jobs, say University of California researchers. This area is a top producer of almonds, pistachios, and tomatoes. Westland Water District, which covers this area and is largest irrigator in the US, has a study that shows correlation between water and poverty in this part of California. Just when it is recovering the water supply is being cut. ...

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Donald Trump's campaign and the Republican National Committee raises $64 million in July 2016 through a digital and mailing effort that helps to bring in a large number of small donations- about two thirds of it. The fund raising effort for Trump brings a total of $82 million in July, just short of the $90 million raised by Hillary Clinton that month. Much of the digital fund raising effort was made possible by efforts made by the RNC to improve its mailing lists since the last presidential campaign. Many of the Trump donations are made from the Trump website buttons of $10, $25, $50, and by an offer to match this with Trump's own personal finances. Hillary Clinton is also ramping up her fund raising. Trump now has $74 million on hand, up from $1.5 million at one point, and Hillary Clinton has $102 million. For the Trump campaign that was far less organized than the Clinton campaign, this is an effort to catch up, though this comes quite late in the campaign with only 3 months left; with advertising rates higher, and not enough time to invest in digital and campaign infrastructure.  ...