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Retired General Keith Kellogg was in National Security roles in the DJT first term. He is the new DJT envoy to Ukraine and Russia with the goal of negotiating a settlement between Russia and Ukraine. He was chief of staff of the National Security Council in DJT's first term. And also the National Security Advser to vice President Mike Pence. The 80 year old veteran co-authored a paper for America First think tank which says- "The United States would continue to arm Ukraine and strengthen its defenses to ensure Russia will make no further advances and will not attack again after a cease-fire or peace agreement."  "Future American military aid, however, will require Ukraine to participate in peace talks with Russia."  This comes as Zelensky's popularity in Ukraine has dipped to 16% and Ukraine's people do not want him to run again for president. This is intended to draw Ukraine into peace talks as prolonging the war would lead to enormous losses for Ukraine's cities and the people of Ukraine, Kellogg told the Voice of America at the Republican Convention in 2024, and peace talks would end the war with Russia. ...

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Broughton, Williams and Maurer, WSJ, talk to companies that sell to the average American Skechers for shoes and Lee, Wrangler for jeans. Lee and Wrangler executives say price increases are an option, it all depends on the size of the DJT tariffs.  In general companies will take the following actions in sequence of priorities. Move as much of the manufacturing away from high tariff targeted China to other countries. Wrangler and Lee are not faced with this problem as only 2% of products are sourced from China. Most of the jeans are made in Bangladesh and Mexico. Wrangler Lee brands will increase savings from efficiencies in supply chain by $100 million. This could put a squeeze on margins of local makers in Bangladesh, but also come from other savings. For Skechers it makes 40% of products in china, 40% in Vietnam, and the rest in other countries. It will continue to shift away from China, into other countries. And price increases are a "high likelihood" say Skecher's executives. Most companies will try to reduce impact on margins, look for concessions from vendors, then weigh price increases. How will Apple with its high margins respond is a question. It will accelerate the shift of making mobile phones and laptops to its operations in India.  ...

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Children in the US should not be directed to educational content developed by tech companies using writers in Kenya and Philippines who lack the education to do this. A data labeler that hires people in Philippines and Kenya at $8 an hour, hundreds of thousands of low cost contractors, to create content. Some of the content is of such low quality that it had to be redone by Scale employees, says this story in WSJ. It started out providing this to self driving technologies companies needing data labeling, and now does this for AI.  Samples of questions for content are - explain a moon landing to a 6 year old, says the WSJ. Serious questions about quality of content going to AI and the willingness of Tech companies including Google and Apple to not make this a priority.  Education requires a different approach for quality of content and the tech monopolies are not the ones who should be in this role to build the educational content that a team of scientists and faculty envisioned in cultural literacy for the US under ED Hirsch since the 1970's. More than at other times in US history this is important to preserve the Nation the founders envisoned. ...

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Turkish American MIT economist is awarded the Nobel Prize- but not for the work he needs recognition for the renewal of America and US Way Forward. Daron Acemoglu's work is important not just for a new look at countries that experienced colonialism noted by the Nobel folks in Stockholm. Much of his recent work on "Why Nations Fail," and "The Narrow Corridor," cover the United States and why it is important that US policies keep the goal of "We the People" uppermost. George Washington reminded America to be wary of the  "absurd notion that the many are made for the few," in his Draft of the Inaugural Address in 1789. In this sense the Nobel committee and much of the economics profession is far behind the times as the focus has shifted to how countries that were once known as developed have neglected rebuilding their industrial base, neglected their infrastructure modernization investments, and neglected workers and families connected with it, that are the foundations of progress and a better life. This is also an issue in 2024 for the right Way Forward for the US, and for nations in Europe, Asia and the rest of the world. ...

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Centuries of neglect of Asian education and students by European nations during colonization is now turned on its head. Which is also not a good thing, in fact something just as bad.  A British professor has to remain anonymous to ask for an honest conversation on why British universities are so dependent on foreign students. Seven of ten University students in Britain studying for Masters degrees are overseas students. This is a shocking statistic and only goes to show the lack of the same opportunity for higher education for students from England, Scotland and Wales. Students at home cannot afford the 30,000 pounds that students from China or other countries pay. Not too long ago British funding made it possible for British people to attend British universities. It points to the lack of funding of higher education in Britain to give the same opportunities as students from other countries to the British education system that has taken hundreds of years of gradual investment to establish. It points to the consensus in society that neglects the importance of higher education which is as important for the future as the system which channels young people based on aptitude to take the course of apprenticeship training after high school for better incomes in industry and manufacturing. ...

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An unattended vegetable stand in the Ebusi neighborhood of Tokyo. A few minutes from the rail station is this vegetable stand run by Tomo from Hiroshima and her son 14 year old Satoru, a former real estate office worker who quit to open a vegetable store. One day she was shocked to hear a customer say she had money enough to only come once a month for vegetables. Tomo closes this store and opens a vegetable stand which prices vegetables at prices young workers on low wages can afford. One young worker from Okinawa who works for a large company made so little that she had only $70 for food in her monthly budget. She becomes a regular customer and asks her grandmother how to cook zucchini, eggplants so she can save money by cooking at home. This is a really heart warming video about Tomo's farm in a prefecture near Tokyo a 2 hour drive away. Tomo prices everything at 70 cents or 100 yen a plastic bag of vegetables. Her son learns to farm and to run the stand. Mostly the stand is unattended with long caring messages on a message board to customers. It tells young workes not to worry too much about the future. ...

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Germany is going through a second year of slight economic contraction. The newly elected government of chancellor Merz has setup a $1 trillion fund to invest in infrastructure and defense. This will increase the debt to GDP ratio from 62% much lower than other advanced economies to 75%, and could give the German economy a rebound with $500 billion for fixing aging infrastructure. Germany's unemployment rate stands at 6.3% in March 2025. The economy weathered a energy crisis with the cutoff of energy supplies from Russia during the term of chancellor Scholz. Infrastructure, child care, was neglected under Merkel and previous administrations as it was in the US under Clinton, Bush and Obama administrations. The 2009 financial crisis, the eurozone debt crisis and the pandemic, Ukraine crisis from 2009 to 2024 have provided headwinds for action to renew Germany till now. A $1 trillion new fund and removal of the constitutional brake under the newly elected parliamentary majority of the CSU/CDU, the SPD and the Greens is the first step with $500 billion earmarked for fixing aging infrastructure, digitization of the economy, and other investment. The unemployment situation is deteriorating in the auto industry which was poorly managed and is now being hit with US tariffs of 25% on imported cars made by BMW, Mercedes and VW. ...

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Hyundai's labor union is opposing the night shift for plant workers and says the promise by the company made earlier to end the night shift has not been kept.

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The CDU and the SPD agree on rules for 30% of supervisory Boards in Germany, similiar to Board of Directors in the U.S., to be made up of women.

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Members of the U.S. Congress lead a lousy life with life split between the capital and their home state location, most are weekend dads or moms. This makes them less likely to grasp the issues of work-life balance and the issues of parenting faced by average working families or couples with both parents working, says this essay in Politico magazine. This is true also of understanding issues facing women and mothers. Hard to believe but this report points out that Congress in the U.S. does not have a family friendly leave policy and no restroom for women till 2011 on the floor of the House. Similar issues face women in Japan and other countries for women in parliament. Former Speaker Ryan says he is tired of being a "weekend Dad." Senator Biden, former vice president says of his commute from Delaware to Washington D.C., he realized that "a child has a thought he wants to share and 12-18 hours later its gone, gone, gone." ...

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Jaffe and Eilperin provide this exceptional account describing the huge struggle of Agriculture Secretary Tom Vilsack to come to grips with the opioid crisis in rural America. Vilsack is from rural Iowa, where he was a small town Mayor. The opioid epidemic has personal overtones for Vilsack because of his parents addiction and growing up seeing the lack of helping hands. Vilsack. a two term governor of Iowa has witnesses these struggles in Iowa, as the state rural areas faced high poverty rates, more likelihood of being obese, less likely to go to college, and more likely to be pregnant in the teen years, than the rest of America. Vilsack is frustrated not just with the Obama administration but also with Congress, the media, the private sector with high pharmaceutical prices, for not giving enough attention to rural America. He sees rural America as providing the food grown and a disproportionate share of the military. The opioid epidemic comes at a bad time for rural America. This report provides a story that is typical where a dose of painkillers for a Navy employee leads to addiction and use of opioids. The whole experience has made Vilsack sound cranky to people in the White House. ...

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Peggy Noonan calls the Bernie movement and Hillary Clinton adopting his efforts to improve incomes and condition of working class people, a major development. The most electrifying line in her view is the one made by the father of a U.S. Army Captain who died in Iraq, Khizr Khan, himself an immigrant, who said about Trump at the convention- "You have sacrificed nothing." She cites Bloomberg, a successful businessman in media and former Mayor of New York, who said about Trump: "I'm a New Yorker, and I know a con when I see one."  Bloomberg traced the history of the Trump business through repeated bankruptcies, lawsuits and missteps, and added "Trump says he wants to run the nation like he's run his business. God help us." And Noonan cites Hillary's speech as getting better as it progressed, not her best, but doing the work, especially with the line- "Don't believe anyone who says "I alone can fix it."  Biden and Kaine hit on this point repeatedly, and that "he doesn't have a clue," with the crowd chanting "Not a Clue."  ...

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The Asian-American voters are significant in some states such as New Jersey 7% of voters, Nevada 9%, Minnesota 3.1%, and California 15%. Compared to the 2012 election this is the fastest growing demographic up 16%. With lower immigration from Mexico this is likely to continue for several decades. Nationally it is 4% but growing rapidly. The Asian-Americans come from countries such as India, China, Indonesia, Vietnam, Philippines. Seib says Trump has lost as many Asian-Americans as he has gained whites who chant "build that wall," by using such rhetoric. The Asian Americans are about 48% moderate and about 23% liberal, 19% conservative. Many are in the tech and white collar fields, in the suburbs of major cities including the South. Its this location that can make them an important influence. The Democratic Party has reached out to these generally better educated voters, who have heard about building that wall with unfavorable views- 40% saying they would vote against a person with "anti-immgrant views" regardless of what the other issues are. The early 2016 poll done by the Asian and Pacific Islander Vote project shows 61% having unfavorable views of Trump and 61% having favorable views of Clinton in 2016.   ...

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An indepth look at Nigeria, the pervasive corruption that prevails in the country, the election of a new President, and the hope for change. It may come as a shock to many to know that the most populous country in Africa, and a large oil exporter, has a power grid according to the Economist, the size of the city of Bradford in England. Most of the electricity is generated with private generators. Most of the oil revenues of $40 billion get siphoned off and there is very little government investment in infrastructure. The manufacuring sector has actually declined from what it was a few years earlier. And money that should have gone into refining capacity has also been siphoned off by corrupt officials. Parliamentarians make $2 millon a year, according to the Economist. And a huge network of patronage and corruption ensures that most revenues are allocated among this elite. The north and the main city of Kano is even poorer, with one estimate putting the people suffering from deprivation and poverty in Kano put at 2 million out of a population of 9 million. The south with the cities of Lagos and Onitsha does somewhat better. Jonathan is from the south and won most of his votes in the south, the previous president was from the north. With the sectarian and religious divisions, most presidents depend on the support of regional bosses. Each of the country's 36 regions gets to choose one cabinet minister. In this climate a lot of hope is placed by the people of Nigeria on the shoulders of Jonathan Goodluck, the new president. The Economist calls for honest appointments to key positions to make a break from the past, and serious effort to make investments in the nations power grid and in industry. ...

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Get to your core- vision and team to execute in good times and bad, and get a good grasp of your customers. This is critical for setting the right foundations for a new company. Make sure your investors are the right kind who will help achieve that vision. And find opportunities to execute in better ways to achieve that vision as you go forward under different conditions.

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Tony Hayward, a geologist who has headed BP for 3 years has made statemets to the media that erode public confidence in BP. One of these was that the oil spill is not going to cause big problems because the gulf "is a very big ocean." Another referring to lives lost when the oil rig exploded was "I'd like to have my life back."

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Marie Colvin, was killed in Syria in Feb 2012, while reporting for the Sunday Times of London. She was a student at Oyster Bay High School and Yale University, and was remembered by fellow students as passionate and determined and always involved in the issues of the time. Her makeshift media center was destroyed during an assault on the city of Homs by Syrian government forces.

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Maruti Suzuki plans to introduce a new model to replace its best selling Alto model in India. Declining demand for gasoline powered cars compared to diesel in the Indian market, because diesel costs 4% less, led to total sale decline of 11% in the fiscal year ending March 31, 2012, to 1.01 million cars. Maruti sold 308,228 units of the Alto, which also declined by 11%.

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Costas Paris interviews Lucas Papdemos, former prime minister of Greece, and a former vice president of the ECB. Papademos points to the grave consequences for Greece of an exit from the euro with high inflation and higher interest rates, and gains in price competitiveness diminished by the inflation. He says Greece must stick to the committments for cutting spending and new taxes made earlier under his government.

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Alibaba, Baidu and Tencent are entering the banking field by offering money market like accounts with interest rates over 4%, much higher than state owned banks in China. Loans are also being provided to small business. New economic policies in 2014-2015 make deposit insurance a top priority to encourage private banking, offer better rates to savers and for more lending to small business.

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Losses on trading by JP Morgan Chase bank's London "Whale" reach $5.8 billion by July 2012, according to Finance chief Doug Braunstein. The bank will restate results for the first quarter of 2012, with first half losses of $5.1 billion on the trades made by the Chief Investment Office. Overall profits for the second quarter were $4.96 billion compared to $5.43 billion in the prior year quarter.

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Barrack Obama made his speech on May 21 on national security, the war on terrorism and Guantanomo on May 21, 2009. The speech referred again and agin to the Constitution and documents of founding of the United States by the founding fathers. It was held in the hall of the National Archives Building, with the founding fathers in the background on a wall painting.

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The Washington Post editorial says there is much to admire in Sotomayor's life and achievements in the law. She would make awelcome fresh perspective to the bench says the WPOst, considering the variety and diversity of experience she brings that does not exist on the Supreme Court. But says the WPOst Senators should ask her questions relating to impartiality and making policy while on the bench.