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Auto parts imports into the U.S. from Mexico have increased by 86% since 2008, more than doubled for China. As wages rise in China, India is the next source country for low cost automobile parts from auto industry hubs in Gujarat and Tamilnadu, placing continuous downward pressure on manufacturing wages for the next decade, and the next. Parts imports were $32 billion in 1990, $138 billion in 2014. Workers in manufacturing make as low as $10 an hour today, similar to workers at Wal-Mart. An entire generation of manufacturing workers are now shifted from middle class to lower class from their parents generation to their own, reducing educational mobility in the American system and fewer opportunities for improvement. As more jobs are created in manufacturing than in IT related industries this is a significant hurdle for improving wages and employment in the U.S.
Grouped Articles
U.S. Car-Making Boom? Not for Auto-Industry Workers
Wall Street Journal 03/24/2015
Income Inequality Is Costing the U.S. on Social Issues
New York Times 04/28/2015
Economic-Ladder Concerns Trump Income Gap in Poll
Wall Street Journal 05/05/2015
Sanders, Corbyn and the coming debate inside the Democratic Party - The Washington Post
Washington Post 09/13/2015
U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise
New York Times 09/18/2015
A stunning stat about pay seems impossible but actually is true - The Washington Post
Washington Post 09/22/2015
Grouped Articles
Radio and TV Martí, U.S. Broadcasters to Cuba, Emerge From Cold War Past Facing Uneasy Future
New York Times 03/24/2015
Grouped Articles
Emirates Has Plans to Make Orlando Its 10th U.S. Destination
New York Times 03/24/2015
Airlines: Super-connecting the world
Economist 04/25/2015
Grouped Articles
The Rising Menace From Disintegrating Yemen
Wall Street Journal 03/24/2015
Houthi Militants Protest After Saudi Arabia Airstrikes in Yemen
Wall Street Journal 03/26/2015
Obama Struggles With a Messy Middle East
Wall Street Journal 03/27/2015
U.S. Boosts Aid in Saudi-Led Fight To Defeat Rebel Force in Yemen
Wall Street Journal 03/29/2015
Saudi-Led Forces Blockade Yemen
Wall Street Journal 03/31/2015
Saudi Arabia and Yemen: The test for a new monarch
Economist 04/05/2015
Grouped Articles
Wall St. Stars Join Silicon Valley Gold Rush
New York Times 03/24/2015
Exhibition in Hong Kong of artists from Hong Kong, Taiwan and mainland China tries to tell China's story of the period from the Opium Wars to the rise of Communist China from many angles.
Grouped Articles
An Artistic Reinterpretation of China's 'Century of Humiliation'
New York Times 03/24/2015
Grouped Articles
Strong Dollar Hammers Profits at U.S. Multinationals
Wall Street Journal 03/23/2015
U.S. Trade Gap Widens on Surging Imports
Wall Street Journal 05/06/2015
Forget the New iPhone. For Apple, It’s All About the Dollar.
New York Times 03/26/2016
By one estimate 22,000 Chinese government officials have visited Singapore to study its government and methods. Premier Deng began his experiment in state run capitalism with Singapore as the model, and this continues to this day with president Xi Jinping.
Grouped Articles
In Lee Kuan Yew, China Saw a Leader to Emulate
New York Times 03/23/2015
Deng Xiaoping- China's former leader awaits a defining biogrpahy, Still in the shadows
Economist 06/27/2015
Xi Jinping signals China will champion free trade if Trump builds barriers
The Guardian 01/17/2017
Grouped Articles
Israel Expresses Outrage Over Iran Deal
Wall Street Journal 04/03/2015
Concessions Fueled Iran Nuclear Talks
Wall Street Journal 04/03/2015
Iran Nuclear Accord: Contents of the Deal
Wall Street Journal 04/03/2015
Wall Street Journal 04/03/2015
A Foreign Policy Gamble by Obama at a Moment of Truth
New York Times 04/02/2015
Iran’s Negotiating Triumph Over Obama and America
Wall Street Journal 04/04/2015
Grouped Articles
Torrent of Cash Exits Eurozone
Wall Street Journal 03/23/2015
Euro’s Surge Tramples Parity Predictions
Wall Street Journal 05/20/2015
Euro’s Sharp Drop Fuels Speculation Over Dollar Parity
WSJ 11/18/2016
Rising U.S. Rates Could Mean Hard Fall for Some Currencies
WSJ 03/17/2017
Grudging Public Support for Euro Could Hold It Together
WSJ 04/30/2017
Grouped Articles
Ted Cruz Announces 2016 GOP Presidential Bid
Wall Street Journal 03/23/2015
Ted Cruz, an Ambitious Conservative With Sharp Elbows
New York Times 03/23/2015
Ted Cruz Showed Eloquence, and Limits, as Debater at Princeton
New York Times 04/22/2015
Media-bashing Ted Cruz is right - The Washington Post
Washington Post 10/29/2015
As Ted Cruz Rises in Polls, He Is Banking on the South
Wall Street Journal 12/10/2015
After Making Enemies, Ted Cruz Tries to Make Friends
New York Times 12/09/2015
Grouped Articles
Out of Yemen, U.S. Is Hobbled in Terror Fight
New York Times 03/22/2015
Homegrown Extremists Tied to Deadlier Toll Than Jihadists in U.S. Since 9/11
New York Times 06/24/2015
Terror Takes Center Stage at Republican Presidential Debate
Wall Street Journal 12/16/2015
Grouped Articles
ChemChina to Buy Controlling Stake in Pirelli
Wall Street Journal 03/27/2015
Pirelli’s Chinese Buyer May Not Deliver More to Investors
Wall Street Journal 03/27/2015
China National Chemical Unit Nears Deal for Tire Maker Pirelli
New York Times 03/22/2015
Grouped Articles
Radio and TV Martí, U.S. Broadcasters to Cuba, Emerge From Cold War Past Facing Uneasy Future
New York Times 03/24/15
Cuba One Year After Obama’s Overtures
Wall Street Journal 12/21/15
Fidel Castro’s Death Casts Doubt on Cuba’s Relations With U.S.
WSJ 11/26/16
Found in Moscow’s Flea Markets: Car Parts, Jeans and Bargain-Hunting Cubans
WSJ 06/07/17
Grouped Articles
3G Capital, Co-Owner of Heinz, Is Said to Be in Talks to Buy Kraft Foods
New York Times 03/24/15
Buffett, Heinz Say Nuts to Soup
Wall Street Journal 03/26/15
Kraft-Heinz Deal Shows Brazilian Buyout Firm’s Cost-Cutting Recipe
Wall Street Journal 03/26/15
How Kraft Rolled Out the Welcome Mat for Deal-Hungry Brazilians From 3G
Wall Street Journal 03/26/15
Big Changes in Food Industry Turn Activists Upside Down
Wall Street Journal 08/07/15
Kraft’s $143 Billion Bid for Unilever Highlights Squeeze in Consumer Goods
WSJ 02/17/17
Grouped Articles
Telefónica Agrees to Sell O2 for $13.83 Billion
Wall Street Journal 03/24/15
Hutchison Whampoa to Acquire British Cellphone Carrier O2
New York Times 03/24/15
Workers who were once in the middle class are now lower class as conditions have changed in the automobile and other U.S. manufacturing plants. As more jobs are created in manufacturing than in IT related industries, this is a significant factor in improving U.S. employment and wages. There is an 86% increase in imports of parts from Mexico since 2008, over double for China.
Grouped Articles
U.S. Car-Making Boom? Not for Auto-Industry Workers
Wall Street Journal 03/24/15
U.S. Trade Gap Widens on Surging Imports
Wall Street Journal 05/06/15
Dollar’s Rise Lifts Imports and Widens Trade Gap
New York Times 05/05/15
Mexican Auto Production Sets Record in April
Wall Street Journal 05/07/15
U.A.W. Contract With Fiat Chrysler Would Give 2nd-Tier Workers Big Raise
New York Times 09/18/15
A stunning stat about pay seems impossible but actually is true - The Washington Post
Washington Post 09/22/15
Partners in the Russian Yamal LNG project are OAO Novatek, and China National Petroleum Corporation. One of the major shareholders in the Yamal project is on the western sanctions list. As a result Total SA will seek Chinese financing. China is making a shift away from coal and looks to increase imports of LNG and pipeline natural gas. Most of the production from Yamal will go to China.
Grouped Articles
Total Taps Chinese Banks to Fund Russian Project
Wall Street Journal 03/24/15
Sanctions Bite Massive Gas Project in Russian Arctic
Wall Street Journal 08/28/15
Russia’s turn to China: A gap between rhetoric and reality - The Washington Post
Washington Post 09/06/15
Emerging Markets Pick Up the Slack as Bigger Players’ Demand for LNG Eases
WSJ 08/30/17
Houthi rebels from northern Yemen- belonging to an offshoot of Shiite Islam- oust the government in Sanaa and move south to take Taiz, an airforce base in the south, and Aden. Iran supports the Houthi rebels in Yemen and the country fractures between Sunnis and Shiites, with sectarian conflict. This is part of a wider conflict in the region with the Gulf States, Saudi, Turkey and other countries taking sides in the conflict in Syria and Iraq. In 2015 the differences between the Saudis and Qatar are being bridged with the expansion in Iran's influence in the region, including Syria and Iraq. The conflict in Yemen draws the Sunni side together against Shiite Iran with the Saudi airstrikes on targets in Yemen.
Grouped Articles
Chaos in Yemen Stymies U.S. Counterterror Operations
Wall Street Journal 03/23/15
The Rising Menace From Disintegrating Yemen
Wall Street Journal 03/24/15
Houthi Militants Protest After Saudi Arabia Airstrikes in Yemen
Wall Street Journal 03/26/15
Obama Struggles With a Messy Middle East
Wall Street Journal 03/27/15
U.S. Boosts Aid in Saudi-Led Fight To Defeat Rebel Force in Yemen
Wall Street Journal 03/29/15
Saudi-Led Forces Blockade Yemen
Wall Street Journal 03/31/15
Grouped Articles
Facebook May Host News Sites’ Content
New York Times 03/23/15
Publishers Warily Embed With Facebook
Wall Street Journal 05/12/15
For New York Times, a Gamble on Giveaways
Wall Street Journal 08/03/15
NBCUniversal Invests $200 Million in Vox Media
New York Times 08/12/15
Comcast Raises Its Bet on New Media
Wall Street Journal 08/19/15
BuzzFeed, Yahoo Japan to Launch Joint Venture
Wall Street Journal 08/18/15
Grouped Articles
Prime Minister Benjamin Netanyahu’s Likely Next Steps
New York Times 03/23/15
Netanyahu May Turn Iran Defeat to His Favor
New York Times 07/16/15
The situation on the Malay peninsula over 50 years- more economic freedom, yet stifling of change. Neighboring Indonesia moves to democratic multi-party system and alternating governments after the Suharto period, with widening of democratic process in the election of Widodo as president. Chaotic compared to Singapore and Malaysia's "orderly'' process, yet dynamic in other ways.
Grouped Articles
Singapore, the Nation That Lee Kuan Yew Built, Questions Its Direction
New York Times 03/24/15
Lee Kuan Yew: The wise man of the East
Economist 04/05/15
In Lee Kuan Yew, China Saw a Leader to Emulate
New York Times 03/23/15
Economist 07/19/15
Former president Sarkozy leads the Union for a Popular Movement to winning over two thirds of the department elections in France in March 2015, with a poor showing by the Socialists led by premier Manuel Valls and president Hollande.
Grouped Articles
Conservative Alliance Gains in French Voting
New York Times 03/29/15
In France, Local Elections Maintain Rightward Trend
New York Times 03/23/15
Jean-Marie Le Pen, Co-Founder of National Front, Is Ousted From French Far-Right Party
New York Times 08/20/15
Leaders of France’s Socialist Party Defy Its Orthodoxy
New York Times 10/16/15
Far-right party in France fails in bid to capture regional office - The Washington Post
Washington Post 12/13/15
Nearly 90 percent of the French now disapprove of their president
Washington Post 08/03/16
This is the largest acquisition of an Italian company by a state owned Chinese company, and the first for a controlling stake. Pirelli's headquarters, R&D, will remain in Milan, Italy and Italian CEO Provera will remain in his position.
Grouped Articles
ChemChina to Buy Controlling Stake in Pirelli
Wall Street Journal 03/27/15
Pirelli’s Chinese Buyer May Not Deliver More to Investors
Wall Street Journal 03/27/15
China National Chemical Unit Nears Deal for Tire Maker Pirelli
New York Times 03/22/15
ChemChina Nears Deal to Buy Syngenta
Wall Street Journal 02/03/16
Read who worked at a J.C. Penneys Store and at a gas station owned by his brother lived frugally and invested in dividend paying stocks, always reinvesting the dividends. Decades of patient investing led to a significant savings accumulation. At the time he passed away in 2015 at the age of 92, he had a portfolio worth $8 million. His largest holdings were in Wells Fargo bank, P&G and Colgte Palmolive as consumer stocks, and J&J. He owned about 95 different stocks. Wells Fargo Advisors in his home town helped him with his portfolio.
Grouped Articles
Route to an $8 Million Portfolio Started With Frugal Living
Wall Street Journal 03/22/15
Wells Fargo & Co. Is the Earth’s Most Valuable Bank
Wall Street Journal 07/22/15
Advice After Stock Market Drop: Take Some Deep Breaths, and Don’t Do a Thing
New York Times 08/21/15
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