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Florida Governor Bob Graham 1979-1987 work in investing in education boosting per pupil spending and investment in Flordia university system is similar to California Governor Pat Brown 1960-1968 who helped build the Cal State University system. Bo Graham covered the Kennedy-Johnson period of the sixties to the turn of the century, retiring in 2003 after serving in the US Senate for 18 years. His early upbringing was on a family farm in Florida. He is known for his effort to take on the roles of ordinary Americans for 100 days when he ran for public office. This period is a reminder of the changes in the democratic system, business and the economy since then with influence of lobbyists in Congress, tech monopolies, and the financial industry leading to crises since 2009, and wars in the Middle East that dissipated the Nation's resources that should have gone into replacing dilapidated infrastructure.

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The US and Japan are collaborating on boosting new technologies to strengthen competitive edge.

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The title may not reflect the content of this report on Admiral Giroir who heads the U.S. coronavirus testing effort. He is a pediatrician who worked for hospitals in Texas before heading a vaccine project at Texas A&M University.  Internal politics led to his resigning from the effort to build a vaccine development capability with pharmaceutical companies at Texas A&M. Most of the rest of this report shows a physician who is determined to pursue big projects such as the one he is tackling today. President Trump appointed him to lead FDA, and to be the Assistant Secretary of the Department of Health and Human Services. With the missteps of Secretary Azar testing suffered in the early months of the crisis as reported in the WSJ. Adm. Giroir has taken a leading role since  this period. He also heads the U.S. Public Health Service Commissioned Corps of 6200 staff playing a vital role. On March 13 he was asked to lead the effort in testing.  He comes to this role with experience in the field of vaccines realizing that "the challenges are not just biological but engineering." New technology would be needed to make massive amounts of vaccine. His idea is that transformational efforts are needed. His idea for a billion dose per month facility in Texas did not work, yet he worked on it for about 5 years from 2010 to 2015 at Texas A&M University, at one point being the vice chancellor. He was selected by Texas Governor Perry as chairman of the task force in Texas in 2014 to oversee the effort to fight the Ebola virus. He now is in a position to bring all his experience and aspirations to tackle the coronavirus, cutting through much of the red tape and bureaucracy, and pulling together the effort combining science of pharmaceutical companies with the technology of manufacturing billions of vaccine doses in a record time. Today he sees capacity for testing reaching 40-50 million tests a month by September 2020.   ...

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About 9% of the total taxes in Texas and Louisiana for fiscal 2013 are from severance taxes for extraction of oil and gas, according to Nelson Rockefeller Institute of Government. For Alaska this is 78% and for N. Dakota 46%. A prolonged oil slump will reduce growth in the oil producing states including Wyoming and Oklahoma. Rainy day funds in N. Dakota and Texas will help meet spending for the next 2 years.

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The Guardian's Greenhouse says the UAW sees the tariff action with 25% tariff on cars imported into the US starting April 2 2025, as a positive step.  Shawn Fain of the UAW who had the support of president Biden during his term 2020-2024 says DJT's actions match those taken by Biden to help working class Americans and the middle class. Supporting the president “for stepping up to end the free trade disaster that has devastated working-class communities for decades”. “Ending the race to the bottom in the auto industry starts with fixing our broken trade deals, and the Trump administration has made history with today’s actions.” Greenhouse is concerned that the way it is being implemented can create problems with tariffs on one day and off the next. The reason for the on again off again action was to give Mexico, Canada, and China time to respond with action they have not taken on fentanyl flows into the US, and Mexico time to address migrant trafficking across its borders. The US International Trade Commission study in 2024 on the 25% tariff on US auto imports cited by BBC shows it would reduce imports by 75%, increase prices by a modest 5%, and increase revenues of auto makers in the US by 5%. Figures such as prices going up by $6000 may apply to BMW's that are imported from Germany and carry high price tags for a very small very affluent customer group unrepresentative of the US automobile market. ...

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French Indian business cooperation enters a new phase with Ambition India 2021 that starts on October 29 at the French Senate and in a digital format. French and Indian business and political leaders will participate in this event to build new manufacturing and research relationships.

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 Simon Nixon points out in The Times of London that the government of British prime minister Theresa May is locked into a confrontation with the European Union in negotiations in the summer of 2018 for even the soft Brexit options she has put forward. This could lead to a cross party majority and a new government, a new prime minister, with passions going up in Britain, with no clear way on the issue of Britain's future relationship with the European Union.

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Venki Ramakrishnan, head of the Royal Society and a Nobel laureate in Chemistry says that even with all the growing evidence of the importance of mask use Britain is way behind in mask use. Only one fourth of Britain's use masks compared to two thirds in the U.S. On public transport many people do not use masks in Britain.

The Royal Society has put together a scientific advisory group to look at the evidence on pandemics.

Ramakrishnan says it was once normal to have a few drinks and drive home, and normal to not wear seatbelts. Today this is considered not socially acceptable behaviour, the same has to happen for use of masks. It is as important as handwashing and social distancing, says the Royal Society.  

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All the pent up energy after the uncertainty of the last couple of weeks and the Democratic party held up, then the energy burst into the open, one adviser said it was going bonkers, it was intense- 250 million was raised in 36 hours, most of it from new donors, and 58,000 new volunteers to join in the campaign for Kamala Harris. Nothing like this has been seen in modern times.

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China's consumer prices declined by 0.3% in July. There are signs that the economy is slowing. A deflationary trend is taking shape with buyers declining to spend following layoffs at companies, higher unemployment and less growth. Expectations of falling prices could further sap demand worsening the debt situation in China. China's economy has grown in the last decade by assuming ever larger debt burden. The debt in 2022 was three times the GDP of China. Servicing this debt becomes harder when consumer demand is weak. The situation in the US is different with the central bank the US Fed increasing interest rates to lower inflation from 9% in 2022 to 3.2% in July, and expectations of a drop ion inflation with lower shelter costs in rest of 2023.

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The U.S. faces a migration crisis of migrants from Guatemala moving through Mexico to the U.S. The Trump administration works to get Mexico to police its national borders with Guatemala using trade tariffs  as a tool of diplomacy. This story shows how failing coffee prices have increased levels of migration from Guatemala. 

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Saudi Arabia and partners in OPEC will increase oil production by 648,000 barrels a day in July and August. A two month ceasefire and truce with Yemeni Houthi rebels will be extended. This paves the way after extensive diplomacy for president Biden to visit Riyadh, Saudi Arabia. 

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Housing prices surge in London in late 2013. Prices increased by 10% in October 2013. The average asking price for a house in London increased by 50,000 pounds to 544,000 pounds in October 2013 at online real estate agency Rightmove website.

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GM plans to bring 5 to 10 Cadillac models to China by 2016. It plans to build a factory for Cadillacs in China. Even as auto sales are slowing down in China in 2012, sales of luxury and premium cars are growing rapidly. Infiniti, Audi, BMW, Mercedes, Tata's Jaguar-Land Rover, and now GM are competing for sales to China's growing affluent class. According to IHS Global Insight, China's auto sales slowed to 2.5% growth in 2011, yet sales of premium car sales increased by 32%. With sales slowing in Europe and the U.S., car manufacturers are focussing on the luxury segment in China to boost profits. BMW's sales chief, Ian Robertson, says sales will slow in coming quarters from the 32% growth rate of 2011, but he still expects double digit growth for premium cars in future years. In making its large investments in China Ford executives said it expected a growth in China's car market of 5% over the next decade. BMW plans to increase production to 200,000 cars after opening its second plant in 2011, with capacity to ramp up to 300,000 a year....

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Japan loses 3 million people in 5 years with low birth rates and aging population.

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Efforts by the Mexican government to sell the constitutional changes for reviving the oil industry. TV ads show children with hands wet from crude oil running through fields, then the slogan appears: "No to privatization, Yes to the energy reform." The purpose is to convince a skeptical public that oil resources will be safe and not given away to foreigners. Also an issue is whether the secondary laws will allow foreign oil companies to show Mexican oil reserves in their reserve figures, and whether the changes will attract interest from foreign oil companies to bring new technology and investment.

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U.S. Defense Secretary Hagel launches the "Defense innovation initiative" at a defense forum held in the Reagan Presidential Library, Nov. 2014. The purpose is to get universities, government and the private sector to work together to put the U.S. ahead of its adversaries in its technological capabilities, similiar to the "New Looks" program in the Eisenhower years. During the Eisenhower period the effort was designed to match the Soviet conventional power in Europe with U.S. technological capabilities. The urgency of the effort comes from the U.S. budgetary cutbacks following 2 wars in Afghanistan and Iraq that have depleted U.S. capabilities and emboldened Russia and China in Europe and Asia.

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Indian prime minister Modi tells RE Invest 2020, that India has almost tripled renewable energy production including solar and wind energy in 6 years, and is now the 4th largest renewable energy producer in the world. India is also now the fastest growing renewable energy producer in the world. He says India made investments in renewable energy early even when it was not the most cost effective source of energy. Through its scale and new technology, manufacturing advances, India is now in a position to show that renewable energy is sound economics. Since 2017 renewables exceed coal as a source of energy, making up 36% of energy production today.

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This report says the 1.5 million barrels a day is actually a 1.16 million barrels a day cut as Nigeria, Venezuela and Angola may just not cut production by their 341,000 barrels a day. To that Iran also has to cut its 200,000 barels a day. So the Saudis may end up having to do the cuts of about a million barrels a day with the Emirates and Kuwait. And Deutsche Bank says that it takes about 15 months for oil prices to stabilize after these cuts. So prices could keep falling well into 2009 as the recession deepens worldwide. Some anaysts say the Saudis ended up contributing to the global crisis through their minimal efforts to restrain oil prices or divert some of the petro dollars to new exploration, rather than to cheap liquidity that fueled the housing bubble.