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Pfizer headquarters in midtown Manhattan, NY, buckling in renovation to apartments, sagging floors and buckling columns in 2026. Is American infrastructure needing rebuilding- after the bridge collapsed in Baltimore, the condition of Madison Garden and the subways of New York City, one more proof as whole blocks of Manhattan are sealed off.

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This is the second time in the World Cup 2026 that Argentina came in with goals in the last minutes of the game. Three goals against Egypt and Salah, and now two goals in the closing minutes against England. In 2026 not until stoppage time is anything decided in a game, anything can happen. Argentina kept knocking at the England goal in the last 30 minutes including stoppage time relentlessly missing 4-5 opportunities till 2 passes from Messi hit the right spot for Hernandez and Martinez. It is not clear why the English team did not push offense and simply relied on a 1 goal lead to defend and hold on for the last 30 minutes. Offense can create opportunities and also run the clock. Instead coach Tuchel pulled out Rice and Stones some of his best players to defend, which is when the defense failed to keep off shots on the goal. Even Harry Kane was defending all the time and no players were up front on the Argentine side of the goal. At some point knowing the skill of the Argentines something was about to happen and it did. ...

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France's weakness in midfield- another view of Deschamps and of France's loss to Spain 0-2 in World Cup semifinal July 2026. Deschamps had always been cautious because of this weakness. When Deschamps released his attacking players Spain got the better of France in the midfield to win the game.

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Profiting from the US presidency that the WSJ says demeans the office. Crypto firms facing investigations and downturn joined to support the Republican candidate in 2024. WSJ Editorial Board is critical of the dealings with crypto firms by the DJT family. Democrats hope to make this an issue in the elections and these crypto and other dealings have a high degree of disapproval among Republicans.

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About 400 engineers of IO with connections to Apple joined Open AI in an acquisition. Apple's lawsuit against Open AI with which it had started a partnership in AI in 2024 which has soured states-

"OpenAI’s nascent hardware business now rests on the shakiest of foundations, rotten to its core by its illegal reliance on misappropriated trade secrets” 

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A relatively minor situation, a mobile phone she reported stolen that was found in 2013, led to her being removed as the youngest cabinet member Minister for Transport in just 4 months in 2024. Before that she was Shadow Minister for Transport under Starmer. In those 4 months she ended a train drivers strike with a 14% pay raise over 3 years. She was elected as MP for Sheffield in 2015 at the age of 27 years having worked under senior MP Lisa Nandy. Educated at a private school in Sheffield, and studying at London School of Economics before switching to Nottingham University to study politics, there is something unusual about Louise Haigh in the way she handled the firing in just 4 months, for what was something inconsequential like reporting a mobile as lost, without any additional information from Starmer's administration. She did not let it affect her in the least, moving to work in the Labour parliamentary backbenches and rebuilding the Tribune Group to discuss ideas for solving problems in UK transport, health, inequalities, lack of investment. She had already come to know Metro mayors in UK as Shadow Transport Minister, including Burnham at Manchester. From that time in 2024 to 2026 may be considered one of the most transformative period of any English MP in modern history. Louise Haigh, and Lucy Powell MP and deputy leader of the Labour party who was also demoted by Starmer, worked together in the backbenches in a revolt against the welfare cuts made by chancellor Rachel Reeves that gradually destroyed the credibility of Starmer with the backbenches of the Labour party and the British working class. By the time of the controversy surrounding Starmer's chief of staff, a young man Morgan McSweeney, who had little experience except in organizing Labour primarily against Jeremy Corbyn to bring back Blair's diluted version of Labour -which had lost relevance after Conservatives failed to deliver much beyond decades of austerity years for Britain. Labour had to find a good voice and a plan, and quickly as the 2 years of Starmer led to Reform UK coming back to challenge Labour, winning big in local elections. This is where Louise Haigh and Lucy Powell come in. Louise Haigh was going to have none of it. She realized that Andy Burnham was the leader who could take Labour to heights that it had not seen since in post war period after 1945. That conviction led her to run the Makerfield election campaign for Burnham to get a seat in parliament and challenge Starmer for leadership of Labour. Without Louise Haigh and Lucy Powell, who is now Education Secretary and Deputy leader of Labour Party, Burnham may well not be the Prime Minister today. Haigh, says this BBC Report, wrote 2 Essays articulating the fight against a stagnant economy.  Where Rachel Reeves stuck to no longer relevant debt rules for a bold plan out of the economic mess, Haigh called for a significant loosening of Labour's debt rules, with the rolling five-year debt target extended to over 10 years as a start, bold investments, and a call to "re-examine the mandate" of the Bank of England so that the focus would be on growth and reviving Britain. Haigh supported Burnham for a new tax on the value of land to replace stamp duty on house purchases. "The status quo is not sustainable. We cannot afford to wait any longer before we change the system we inherited." It is this boldness that has led to Louise Haigh being put in charge of the newly created Office of the Prime Minister and the Cabinet, "the main driver for the British economy." ...

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Norway 2-1 against Brazil World Cup Soccer to enter round of 16 with 2 Haaland goals. Brazil failed to impress as Norway had most of the ball possession. Norway's goalkeeper Hyland made 4 brilliant saves to make it difficult for Brazil to score. Brazil's one goal came in the 98th minute when a Norwegian player was given a yellow card for elbowing a Brazilian player and Neymar made a penalty kick. Without that Brazil would have lost 2-0 after Haaland scored twice. Brazilian player Vinicius Jr. was hailed in the media but could do little, and Carlo Ancelotti as coach could not come up with any ideas to change the game. The entire World Cup in 2026 is different because of the way smaller nations have played. Nations such as Cabo Verde have held firm, Germany was defeated by Paraguay, Italy did not even make it to the round of 32 losing to Bosnia. The loss of Brazil leaves only France with Mbappe, Argentina with Messi, and England with Kane standing. US faces Belgium on Monday July 6, 2026. Argentina barely stayed on when Messi scored in overtime against Cabo Verde, nearly losing. Only the French team has played consistently. Spain meets Portugal on Monday. No one knows how it will turn out. ...

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Lael Brainard, a former vice chair of the Federal Reserve, now heads The Kitchen Table Project. Here she looks at the grocery prices as an emergency issue. US Grocery prices are emergency issues in June 2026 for a family of 4 with income of $130,000, well above national median income of American households of $83,500 making it hard to pay for basics and essentials in groceries. In many cases manufacturers have increased prices beyond what economic fundamentals require using subtle actions.

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US Strategic Petroleum Reserves in July 2026 with half the capacity 352 million barrels released under Biden and DJT to tamp down oil prices.  Much of the reserve capacity is in caverns on the Gulf Coast with problems of leaks, wear and tear, equipment breakdowns, lack of investment. The massive underground salt caversna re located in Winnie and Freeport on Texas Gulf Coast, in Baton Rouge and Hackberry on Louisiana Gulf Coast. President Gerald Ford set up the Strategic Reserves in 1975, making these facilities 50 years old.

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Germany's top goal scorer Deniz Undav in World Cup Soccer 2026- started work at 4.00 am job at a laser machine factory then training for soccer later joins English team Albion, then the Stuttgart team. He was considered to be small and scrawny as a young boy playing in preparatory soccer team at Werder Bremen, leading to his taking this unconventional route to the top in world soccer. He scored 9 goals in 12 games surpassing Haaland, Messi, and Mbappe, in the time he took to get a goal in this World Cup- 50 minutes.

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China's export dependent economy with 4% decline in fixed investment Jan-May 2026 and 27% jump in exports.1 million car exports per month in June. Exports make up 20% of China's GDP. China is challenging German companies in their home markets in Europe. Domestic sales of cars are down 16% in June. What this means is that China's growth now depends on exports alone, with construction slowdown, and weak consumer spending. How does this tie into China's posture in trade with the US? It negotiated from a position of strength on rare earths not to give in to DJT tariffs yet knows the importance of trade for the Chinese economic model, importance of US and EU markets, markets worldwide. China's strategy is to shift some of the lost US sales due to tariffs to other countries in Latin America and Asia. A top priority is to keep trade with the US and European Union on a good footing, so that its exports can be absorbed. How does it affect Hormuz? For China Hormuz as an oil source is much lower in importance and China can do without Iran, it absolutely cannot do without the US and European Union to take a big part of its exports. It also does not openly say this but it also shares concerns similar to the US, on nuclear weapons in Iran. India, Japan and the EU have similar concerns. As shown in the articles on this page China has large unused oil in reserves and coal supplies, has lower oil demand at 4% growth, and is accelerating renewable energy, so that it is now importing 8.5 million barrels a day down from 12.5 million barrels a day. By doing this China puts this oil back into the world supply leading to lower oil prices. This means the world can do without the supplies from Hormuz, keep lower oil prices, and go on as before if Hormuz remains closed. The US can focus on domestic issues and its involvement in the Middle East can be limited to naval blockade which the US Navy is capable of doing. This is good for China, good for the US, and good for the World. Local governments in China, provincial authorites, pushed growth in building road, bridges, factories during the 30 year growth phase 1990-2020. In 2026 local governments with debt loads and lack of good projects for investment are a bottleneck to growth. This is the first time fixed investment is in decline, except for the years in 1961 and in 1967. The year 1961 is a result of many mistakes made by chairman of CCP, Mao, by shifting 2 million in farm labour to work in iron foundries, and the shift from private farm plots to soviet style commune farms, coupled with floods leading to 43-46 million famine deaths (1994, Chen Yizi, top advisor to CCP General Secretary Zhao Zhiyang). 1967 is the chaotic situation of the Great Proletarian Cultural Revolution launched by Mao. What it shows is that the China Miracle like the Japan Miracle and the German Miracle of recovery after World War II, is based on certain conditions and will enter a phase of lower growth closer to 3% like other industrialized nations over time. India and Indonesia are larger than China and will be the next growth story, which is also shown on these pages this week, with the address to the Indonesian parliament by Modi, and Indonesian president Prabovo's saying that he has studied Modi's economic changes and is copying them as there is no copyright. ...

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Colorado primary results in July 2026- challenges to establishment candidates succeed as the Nation looks for solutions to healthcare costs and neglect of health and nutrition with high obesity and related illnessses. Dr. Oz and RFK Jr have aroused awareness on this issue and have come with solutions within the DJT administration. The Middle East has been brought into the elections yet it is a remote issue for most voters concerned about rising cost of living, and the both the DJT and Biden adminstrations want to focus on strengthening the economy and understand the dangers of involvement in the Middle East.

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China high speed rail- how it was done with help of Kawasaki  of Japan, Alstom/Siemens of France/Germany over 2008 to 2025, with borrowed technologies, the largest network of high speed  trains built in 17 years. India is starting the same journey with Japanese assistance and capital. The first leg is the Mumbai to Ahmedabad high speed rail. In a decade a similar rail high speed network will connect all major cities in India. India is working with the same speed as China and will have a new generation technologies high speed rail network by 2035 using Japan's latest technological advances.

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Bill Frauenhofer the chips Czar in DJT administration, Commerce Secretary Luttnick and Intel CEO Tan, his Finance VP, all work together to put Intel back on top- shares quadrupled in price in 2026 . US gets Apple and Space X other companies to buy from Intel. Intel gets AI orders from Nvidia as CPU demand rises. The US has converted $5 billion in federal grants into stock for a 10% stake in Intel. This is state capitalism in many ways,  imitates China as it rapidly modernized, and this helped  China get a large foothold in chips and EV's.

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The Guardian's Guide to 1248 players in World Cup Soccer 2026- looks at all 1248 players in their respective teams.

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Russian economy growth slowed to 1% in 2025 growth slows to 0.8% in 2026 following 4% growth in 2023 and 2024. The Economy Minister Reshetnikov says Russia is on the brink of recession. Consumer spending growth was zero in Feb 2026, new car sales dropped 38% in 2025 and continue to drop. Le Monde cites the example of the Mashenka bakery which is facing high costs and increase in value added tax to 22% and was near bankruptcy. Small businesses are suffering in this economic situation. Interest rates are kept at 20% lowered to 15% to keep inflation in check. This shows the Russian economy and people are in a difficult situation to finance the Ukraine war with 40% of public spending going to the defense budget for 2025-2027.

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French appellate court says 15 month sentence adequate and  letting Marie Le Pen run for president in 2026. The judges said that- "disregarding this would undermine the principle of freedom of candidacy, an essential condition for the democratic exercise of universal suffrage.” This happens as French elections show France divided between the urban areas such as Paris and major city centers from the rural areas and small towns across the country who favor Le Pen's party. The socialist parties have split with Melenchon leading his own party. Macron has failed to win support and is highly unpopular as president. This has led to failure to have a prime minister in office with a clear program. It also has created much uncertainty in French politics, similar to what is happening in Britain and also in Spain with Starmer out, and Pedro facing problems in Spain.

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US naval base at Bahrain and the damage from missiles in the war  June 2026 as shown by the WSJ. Bahrain is located only 150 miles from the Iranian coastline and was targeted along with other sites including Kuwait and UAE. A new route along the Omani coastline protected by US naval power in the region that then goes along the UAE coastline is now the route opened up by the US for shipping oil through Hormuz. This route is key to reducing oil prices and the recent visit by Marco Rubio of the US to the Gulf Cooperation Council being held in Bahrain June 25,  and the meetings held there, affirmed the open navigation of the seas on international waterways as being under international law. This has led to the fall of oil prices to prewar levels of around $70 per barrel. The US will redo the naval forces and bases in the region with less in Saudi Arabia and Kuwait, smaller footprint in Bahrain, and move some naval forces to the west closer to or inside Israel. The administration has asked Congress for $40 billion for the naval and military effort to restore open navigation of the seas for the world's energy of which $5 billion will go to repair of damaged naval facilities. One of the effects of the war that is constructive is ther is now an awareness to manage oil consumption in India, China and Japan major users of oil coming through Hormuz. China has figured out ways to do without the 3 million barrels a day from Hormuz, India has setup alternative oil supplies from Venezuela, and Japan is both cutting oil use and looking at alternative sources. Oil companies are also working on alternative supplies in other regions of the world. Both China, India, and European Union are accelerating their renewable energy sources to meet energy requirements. This means after 2026 the world may not be dependent on Hormuz for energy supplies, Hormuz becoming one of multiple sources and alternative supplies than in the past. This will also keep oil prices in the $50-$70 range that is consistent with cost of living and economic growth. ...

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JAPAN PM SANAE TAKAICHI VISIT TO INDIA JULY 3, 2026. Deepening of ties between Asia's 2 leading democracies and largest top 5 economies of the world with a combined population of 1.5 billon and a combined purchasing parity GDP of 27 trillion dollars about 60% of China's purchasing power GDP. With the acceleration of the Indian economy to about 8% growth and complementing Japanese capital and Indian ambition the effort will be made to close the gap with China, to establish independent resilient supply chains, and set the new course for Asia as a whole. Once the gap is closed over the next 10 years just Japan India partnership will be the size of the Chinese economy. The American and European Union economies would be the size of the Asian economies also complementing the Japan India partnership, to set a clear course for the world of nations based on the rule of law, open navigation, and peaceful cooperation for development of Africa, Asia and Latin American nations.

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  US's womens socceer's Carli Lloyd, who led the US women's soccer team many times in her career, was honest and blunt on FOX television coverage of the 4-1 loss to Belgium in World Cup Soccer 2026. The host country failed to make it into the quarter finals after so much advertising on television, way too much not even good for the players. There is so much money on television ads and promotions that it must hurt the players and the game. Messi, Neymar, Vinicius Jr., Pulisic, and some Mexican players, were all put up as players who could do anything on television. In the end none of them did well, Messi almost in tears after Argentina was behind 2-0 for most of the 90 minutes against Egypt, only miraculously surviving. Brazil is out going down to Paraguay. Christiano Ronaldo, the first billionaire in soccer, was a little kid from a struggling family in Madeira, Portugal, and he too went out after failing to score on several passes, with Portugal's loss to Spain. All this may be a good thing and a learning lesson for the sport. For all those who love the sport and think things have gone overboard with television advertising,  with excessive brand sponsorship on television, making entertainment stars who knows to what purpose, but losing the best of the game of soccer in the process. And these are Carli Lloyd's comments (Carli who after 318 appearances and bringing so much joy to young girls for the sport worldwide has a net worth of $2 million compared to the now billionaires and others on the way to billions, or hundreds of millions, television stars of the sport who could not get their game right in World Cup Soccer 2026.) There are lessons for the sport which is the most popular sport not only in all the developed countries but also the poorest large countries on the planet like China, India, Brazil, Egypt. “I felt like they lost the game before they even stepped out on the pitch." “And I’m not sure why, and I don’t know the reasons. But just from the beginning: chasing. Tentative. Scared. Just not confident on the ball.”  "You wanted some of those big-time players to step up in big-time moments." “And I gotta be honest: I was a bit disappointed in Christian Pulisic. Whether he wants to be the star of this team or not, we didn’t see enough from him in this particular game — and, really, the whole World Cup. Little glimpses here and there.” ...

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Migrants and Jihadist tendencies in Europe in the years 2016-2026 a period in which Europe put up with attacks on crowds across European cities. Laurent Raviot was the judge of the Paris Criminal Court for the Nice Attack by a Tunisian migrant on July 14 2016 ramming a truck into crowds in Nice killing 86 people, injuring 458 people gathered on the English Promenade on Bastille Day celebrations. On the 10th anniversary of that attack and after many such attacks across Europe Le Monde interviews Judge Raviot, who describes his own emotions while judging this case. A minute silence for the people killed to honor those who died that day was held before the Spain France soccer World Cup game today. Judge Raviot says he hasn't completely recovered from judging such a huge case, he says- "I want to go to the Promenade des Anglais, to see it in the sunshine, filled with joy, telling myself that it's over, that we've moved on and that life is regaining its colors, its light." This is something that the whole of France, the whole of Europe, needs to recover from, this mindless exercise in letting in so many migrants and others who radicalized from remote parts of the world. ...

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Didier Deschamps on the 0-2 loss to Spain in World Cup semifinals July 2026-" we lacked offensive aggression" though he says aggression is not the right term as the Spanish put the French on the defensive right from the beginning. "We did not manage to make this game difficult for them, they forced us to defend." He says France were second best. "The players are devastated but we have to be ​clear-headed … technically we were second best … that is on us … we lacked ‌technical precision and energy … the Spanish are very ‌good at breaking up moves by reading interceptions and passes … we would have liked to cause them more problems going forward … I don’t want to take anything away from Spain, a really good team which knows how to master its plan, but we lacked offensive aggression … although aggression might not be the right term … they forced us to defend … we did not manage to make this game difficult for them.” ...

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One example of how the appearance of divisiveness in the media may be misleading is how all sides are coming together on the toughest problems. On housing supply a genuine change has happened. The 21st Century Road to Housing Act biggest bipartisan legislation before the midterm elections is passed in Congress. The most comprehensive and consequential housing legislation in a century as the president DJT calls it, passes both Houses of US Congress by big majorities, in the House by 358 to 32 and in the Senate by 85 to 5. Senators Elizabeth Warren and Tim Scott from both parties worked together to get it done. It addresses both rural and urban needs for small towns and large cities, creates more funding, cuts approval time, and provides incentives for builders. It also limnits institutional investors in how much of housing they control as this worsened the supply of housing and housing prices in recent years. The extent of the housing supply crisis can be seen by the 54% climb in housing prices since 2020, costing 5 times the median income far above historical standards, according Harvard Center for Housing Studies. ...

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German economic growth drops in 2026 to below 1%. What is happening?Germany manufacturing jobs drop to 6.6 million lowest in 10 years in 2026 as China makes same products for less and better. China is shipping more of its products to the German market and displacing German products in world markets. The same problems affecting the US in loss of manufacturing jobs is affecting Germany. This is happening as China uses long range plans coordinated with industry and state owned companies to deliver superior results in world markets to American and German companies competing on their own without coordination with the government in a long range plan and effort. The American and German companies face greater uncertainty in markets and are slow to invest in critical areas and technologies as a result leaving them exposed to Chinese competition. China has used the Japanese style subsidizing its industries and has another advantage in doing this in that many are state owned companies or heavily subsidized and supported by the state. After 1990 the fall of the Soviet system led to a sense that free markets in their purest form were better. This was not really true as the soviet system of state planning failed because it did not use the best features of the market economy that work. Japan adapted the market system to its needs and used state partnership with private industry to produce good results. The US did not learn from Japan's example. China learned from both the failure of soviet style planning and the success of the Japanese system to adapt its state plannning system by including aspects of the market economy. The US and Germany can only learn from these examples and adapt US market economy by including aspects of what worked for China and Japan of state plannning and long range plans of industry and government. Look back to how FDR won the war- within 5 years 1940-1945 he combined the best aspects of the planning and coordination of government and industry to achieve goals not thought possible. Britain did the same which shows such planning and coordination is not only a part of the US system of business and industry, it is just that these lessons and the lessons of other nations like Japan and China after 1950 were forgotten. India is now adapting its system for business and industry, and government for five year plans borrowing and learning from the examples of the US, Japan, China and the EU. ...