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Farmers near Jodhpur, Rajasthan and the farming of Guar beans which are used for hydraulic fracturing to produce natural gas.

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Foxconn announces salaries for workers would increase by 16-25% to about $400 a month before overtime. Foxconn plans to reduce overtime. Foxconn is a major supplier in China for Apple Computer.

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Costs of solar projects are going up by 30-40% with the costs of importing products that may contain tainted polysilicon produced in violation of the US law on forced labor, the UFLPA. This only shows the need to make solar panels in the US and Europe, say US and American companies buying the solar panels.  Buyers of China's solar panels are now required to prove the key ingredient of polysilicon called quartzite was not mined in Xinjiang region occupied by China. 

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The merger of US Airways and American Airlines moves ahead after an antitrust settlement with the U.S. government with only limited concessions by the two airlines. As part of the settlement the newly merged airline will give up slots for 17 daily round trip flights at La Guardia airport in New York (a 7% reduction in departures) and 52 round trips at Reagan National in Washington DC (a 15% reduction). This is expected to increase competition from lowcost carriers at these airports. Overall the deal is a good one for the merged airlines as it still keeps most of the profitable routes at these airports and also keeps most of its flights intact- affecting only 112 of 6500 daily flights. The two airlines conducted a strong lobbying effort winning support from 8 big city mayors, 183 members of Congress and with support from 100,000 mostly unionized employees.

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Microsoft and Amazon to invest$17.5 billion and $35 billion in India  dat centers by 2030. Google plans to invest $15 billion with partners Airtel and Adani Group for a total of $67.5 billion. Renewable energy in Hyderabad costs 7 cents for one kilowatt hour compared to 18 cents on average in the US. TPG of the US is working with Tata Group on AI data centre in Hyderabad and others in India. Till recently most of India's data was stored in Singapore. Even today India has only 5% of the data center capacity in the world and yet consumes most of the data in the world because of it's growing population.

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China's 15th Five Year Plan with shift to robotics, semiconductors, EV's, renewable energy, and lower investment in education, healthcare- the shift to a slowing economy, job losses. GDP per capita one third of the US much lower than most of southern Europe or Eastern Europe. China is still a middle income country. Unlike Japan which surpassed most of EU countries  GDP per capita, China with 1.4 billion people is a vast country. The shift in the emphasis in the 5 year Plan means economic growth  of 10-12% is now only 5%. With the collapse in housing construction and slowing manufacturing facing tariffs in the US means job losses.

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This Washington Post Editorial Board Opinion asks Europe to get serious about its energy needs and finding alternate supplies than Hormuz, that the US president DJT is sending the right message "Go get your own oil." And this is true also for China, Japan, South Korea and India. What there is no need for is the posturing of these countries when it is China and Japan that are dependent on Hormuz strait and that region for 90% of their imports, not the US which is zero dependent and self sufficient. Germany has shown the way with only 6% of its imports from that region, Italy and Britain have not acted to find other alternate supplies. 

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There is a lot the US can and needs to do in healthcare, pharmaceuticals and housing, in correcting overinvestment in AI that needs to rebuild US infrastructure and industry that creates jobs that Kessler fails to mention. Yet what is clear is that the insight and the knowledge of how to accomplish this will not come without a strong educational background that includes professional courses as well as strong coursework in Economics, Government and History, and Languages. City Journal shows zero schools require Economics and 15% require Government and History to graduate- creating an ill equipped generation of students in 2026, poorly equipped to understand, grasp and tackle the Nation's problems.

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The Guardian in its Editorial on Keir Starmer on February 10, 2026, says Labour was in the political wilderness for 18 years, and yet it has taken only 14 months for the project which put it into power to implode. It is referring to the project of McSweeney from County Cork, Ireland, and others to put a centrist to replace Corbyn, and selecting Keir Starmer. This was a weakness from the start as a candidate has to emerge on his own merits not be put in place by handlers like McSweeney, as he would not be able to govern on his own thinking and make his own decisions.  McSweeney was a campaign organizer and not successful at that as portrayed as Labour could have taken more than the 34% of the vote it received after 18 years of Tory rule without the likes of McSweeney. The Guardian says "excessive power and influence" was given by Starmer to McSweeney, and that the outsourcing of Britain's direction served neither the prime minister or the country well.  This is aserious flaw. McSweeney did not have the long experience of advisers that backed up Biden in the White House. And even the long experience of Biden group of advisers failed Biden when it came to immigration policy and the Border. And yet the question remains why was there such a lack in the talent pool for good governance for Labour, as it was for the Conservatives, for 3 decades since the 1990's? Similar to the situation with Bush-Clinton-Bush-Obama governance in the US, why is there not a good talent pool for effective governance in the UK and the US? The Guardian goes on to question the judgement of Starmer and the clique around him including McSweeney for their attitude towards helping the working class in support payments during a cost of living crisis- what it calls a contempt filled approach of the cliques to the normal priorities of a Labour party. The Editorial concludes that Labour has lost control of the trajectory of events- as more Mandelson emails are expected- and that it is hard to see how this trust can be won back. For Britain having 5 prime ministers over 4 years is a shocking lack of the talent, of confidence, that once prevailed in the nation that once led the world with the Industrial Revolution, and in science and technology. ...

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The cushion of pandemic savings of US households is thinning About 35% of it is spent already and by the end of the year 65% of it will be spent, says this report in WSJ. American households accumulated $2.7 trillion by the end of 2021 in extra savings during lockdowns that restricted spending and with stimulus government aid. At the exact time when transfer payments by the US government to households stopped there was inflation lowering the purchasing power and this has resulted in some households increasing credit card balances, dipping into savings and cutting spending. This is what economists are seeing at the Fed as resistance to price increases. Estimates show the percentage of disposable income saved in the US doubling to 16% in 2020 from 8% in 2019 with lockdowns, then dropping to 3% in 2022 with extra spending, and up to 4.5% by the end of 2023. This will have the effect of putting up resistance to inflation and lowering the Fed's interest rate increases to cut inflation. ...