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Wooden delivery in interviews, number crunching or scientific approach, and hesitant decision making, did not hurt Merkel. Germany's SPD is now seeing a former mayor of Hamburg known for number crunching as "brave in crisis."  He is finance minister in Merkel's government and helped convince Merkel of the need to have the $390 billion nonrepayable aid given as part of the European Union Recovery Fund. This and his work during the pandemic has convinced SPD's different factions to support Scolz in an effort to provide continuity after Merkel, as no effective Christian Democrat leader has emerged so far. Once the party of Willy Brandt, a respected leader in the period of the post war West Germany known as the Federal Republic, the Social Democrats have languished in the period Merkel was chancellor of Germany.

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Margin trading reaches over 1100 billion yuan by Feb. 2015 in China's stock markets. Action by regulators fails to control the leveraging.

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Afghanistan plunges into a dire economic crisis and socio economic collapse with the collapse of basic services such as health care, banks, food supplies, financial systems. The EU promises humanitarian aid of $1.16 billion to be delivered directly by aid organizations. A virtual group of 20 summit leads to discussion of how to prevent famine and collapse In October 2021.

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Social distancing is relaxed in places such as Delhi market in Chandni Chowk, India, as the Diwali holiday approaches. This is similar to what happened in Europe in the summer. India has managed to bring down the daily cases to 44,000 after reaching a high of 100,000 in September 2020 for a population of 1.3 billion people. 

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The new plan to aid small business in the second stimulus of $908 billion being discussed in the U.S. Congress, is expected to be targeted to needy businesses. Lonas will go only to  businesses with less than 300 employees which can show they are hurting having a loss of 30% in revenue in any quarter of 2020.

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Online shift hit Macy's hard. It is now closing 150 stores by 2026. Macy will concentrate its resources on its remaining 350 locations including the Bloomingdale stores and BlueMercury stores. Salez stagnant at $23 billion profits down by 91% to $101 million. Workforce cuts of 3.5% planned and no plans to sell the company to venture capitalists.

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This Canadian opinion in the WSJ by Philip Cross of Statistics Canada, says Canada's opportunity to diversify its exports to places other than the US, especially for auto exports is essentially nil, and for oil exports because of a lack of pipelines will lead to losses of tens of billions of dollars.  He then goes on to say that Canada should wait for American buyers to suffer as car prices increase by $12,000. No such increase is likely. As pointed out by the UAW's Fain Shawn and others capacity utilization at US auto plants is low with only 60 to 65% capacity utlilization. Ford with 60% capacity utilization, has 568,000 cars in inventory 8% higher than 2024, and make 80% of its cars entirely in the US. Ford is actually cutting prices of its cars as of April 2025 under it's "From America For America Program." Ford and GM could replace German and other cars as Americans shift to buying American. Hyundai and Kia are already shifting production to the US. South Korean and Japanese leaders will support the US as it is the right thing to do. This Canadian opinion does not acknowledge that the US is simply creating a level playing field, a point USTR Jamieson and DJT repeatedly make, and the Japanese, South Koreans, and even the Chinese understand. These countries were given the benefit they received for three decades through the absolute generous attitude of the American people.   ...

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China risks a steeper fall in the value of the yuan with capital outflows following its policy of gradually weakening the yuan in 2015-2016.

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The Guardian says EU head Von der Leyen should channel the social vision of Jacques Velors who was born in 1925 and envisioned a Europe that would pool its resources and use the resources for solidarity and growth. This vision was stated in its different dimensions for Europe by Macron in his speech "Europe" at the Sorbonne last Wednesday, March 5, 2025, shown in Lyrarc last week.

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Michigan governor Whitmer at Michigan's Selfridge Air Force Base with DJT on April 29, 2025. Selfridge base will be continued with 15 new fighter jets to replace old jets. DJT says Whitmer successfully lobbied for the base in the White House. Whitmer works with DJT on issues that relate to tariffs, the auto industry in Michigan, defense, and restoring the Nation's industrial base.

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Captain Sumeet Sabharwal 56 years and First Officer Clive Kunder 32 years are the two pilots of Air India Dreamliner that crashed in Ahmedabad iseconds after takeoff in 2025. Preliminary investigation reports in WSJ shows the fuel switches were turned off depriving the plane of fuel in the critical moments of takeoff. The Captain is heard asking why the fuel switches are turned off seconds after takeoff.

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German and Japanese auto exports to the U.S. are likely to surge in 2015 with a weaker euro and weaker yen.

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Alexis Tsipras of the Syriza Party in Greece and the effort to reduce the face value of Greece's debt after elections in Jan 2015.

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Money managers, including AllianceBernstein's Daniel Loughney, say months of difficult negotiations and brinksmanship on Greece have affected the euro currency and may appear negatively in the euro's future in the coming years. The euro declined at one point in the negotiations to $1.05 in March before going back up to its current value of $1.12 in June 2015. This compares to the value of $1.40 in summer 2015. Compared to 2012 the markets in Southern Europe and the euro currency are largely protected from the situation in Greece, as little of the Greek government debt is held by banks and the private sector outside Greece. Some money managers (Franklin Templeton Inc. and SLJ Macro Partners) are even saying Greece's exit from the euro may be a good thing. Extraordinary liquidity is available from the ECB's bond buying program started in March 2015, protecting the eurozone banks and markets.

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How is the oil price cap by the US, EU and G-7 countries working and what is its impact on Russian oil revenues, is the subject of this report in NYT. The gap between the price of Brent Crude  the global oil benchmark and Urals Crude for Russian oil is now about $40 in January 2023. Russia's finance ministry says the average price in January for Urals crude was $49.50, half of what it was a year earlier. 

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McGurn looks at a time when population growth was seen as an existential threat in China. China's population declined by 850,000 in 2022. An accompanying article in the NYT by Hawon Jung describes the views of South Korean women, which also reflect views of Chinese and Japanese women, about the uneven burdens of raising children between men and women, the discrimination against married women with young children in the workplace, the other challenges women face that have led to a marraige strike.

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The new Noida International Airport, Asia's largest when completed in 2024, will be a model for connectivity with connections to high speed rail, bullet trains. It will also be developed as an export hub for the country to provide needed logistics for India as a manufacturing hub in the new world supply chain. As part of the Master Plan for Gati Shakti it will be integrated into the development of the country as a whole over the next two decades.

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Moderna has made the initial batches of doses of the vaccine for the variant of coronavirus including South African variant, and shipped these to the National Institutes of Health in the US. If the test results are positive the vaccine for variant could be given authorization by the third quarter of 2021. It is becoming crucial to stay ahead of variants developing from the coronavirus and pharmaceutical companies Pfizer, J&J, Astra Zeneca are working on the technology to tackle this.

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The $1.2 trillion spending bill to cover the budget for 2024 for defense, health and human services, education and other parts of the US government passed the Senate 74-24 with Republicans joining Democrats to pass the bill. It came in the wee hours of the morning just after the midnight deadline for funding the US government. Disagreements on funding programs between the 2 parties led to this situation of delay till the last minute as each side sought to improve its position. 

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Charles does a walkabout at St George's Chapel on Easter Day 2024, after a traditional Easter Service. He greets wellwishers who say they have the royal back. Charles and the Princess of Wales have boosted the spirits of many with their sharing of their own stories dealing with cancer. On Easter Day Britain comes together with the royal family in spirit just as it did when Queen Elizabeth gave her message to people in the early days of the pandemic.

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Gerard Baker in the WSJ says the abortion rulings of the Supreme Court and the Inflation Reduction Act, Climate Change bills have energized Democrats. He says that as the chances of president Trump running as the nominee of the Republican party in 2024 increased in August, the electoral prospects for Congress of the Republican party have diminished. He says the Mar-a-lago taking of documents by FBI and investigation are also now seen as part of national security issues.

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Senators Lankford (R- Oklahoma) Murphy (D-Conn), and Sinema (I- Arizona) are working hard to negotiate a deal which combines aid to Ukraine with an agreement to tighten border security. This report in The Washington Post shows how hard it is to reach a deal on intricate details and how it might not take place till January 2024. It is important to reach a deal as migrant push across the border has happened under both parties and a common solution is needed. 

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A study published by UNICEF shows that of 55 countries only three showed increase in popular perception of the importance of children's vaccines- India, China and Mexico. The Vaccine Confidence Project is conducted by the London School of Hygiene and Tropical Medicine. The study says a total of 67 million children missed out on vaccinations between 2019 and 2021 the years of the pandemic, vaccination coverage decreased in 112 countries, and much backsliding in vaccination happened that needs to be corrected.

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Amazon's efforts to expand into fields outside its logistics, Prime, online retail, Amazon Web Sevices (AWS), search Advertising, which make up 90% of revenues. This includes the forays into devices with Kindle, healthcare, grocery retail stores Amazon Fresh. Amazon has less success with these ventures. Most of the success is in retail, online, Prime and AWS with 40% growth in 2019-2021. Amazon is struggling in new business  outside core online retail, logistics and AWS.

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In the middle of the pandemic US Congress approved $190 billion in aid to schools. Of this 20% was to be spent addressing learning loss for children. The pandemic period taking 50 million children out of schools is now seen as the biggest disruption in history of American education. It set student progress in math and education back by two decades and widened the gap between wealthy and poor children. These learning gaps remain unaddressed even as money runs out in 2024.