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India's unprecedented growth in mobile manufacturing planned for 2025 under PLI incentives and in 5G technologies by 2021-2022.
Linked Articles
HTLS 2020: India’s new era will be defined by the idea of decentralization
Hindustan Times 12/08/2020
‘India will prove cynics wrong...’: Mukesh Ambani on economy, Jio 5G, vaccineHindustan Times 12/08/2020
The contrast could not be greater between the World Health Organization today and the WHO under Dr. Gro Harlem Brundtland, a three time prime minister of Norway between 1981 and 1996 with great experience and a record of handling difficult issues of climate change and sustainable development.
Linked Articles
A Failed Deception: The Early Days of the Coronavirus Outbreak in Wuhan - DER SPIEGEL
SPIEGEL ONLINE 05/20/2020
‘The only way forward for WHO is...’: Full text of Trump’s letter to WHO chiefHindustan Times 05/19/2020
Linked Articles
U.S., China to Sign Deal Easing Trade Tensions
WSJ 01/15/2020
In a Year of Trade War, U.S. Deficit With China ShrankWSJ 01/14/2020
By 2019 East Germany's search for identity is in full swing as it struggles with a nostalgia for the past before integration with west Germany, and following a departure of young people going west that leaves behind a rapidly aging society with less economic security. The promise of integration appears to be failed when seen as culture and identity, economic security.
Linked Articles
Germans still don’t agree on what reunification meant
The Economist 11/02/2019
Misrule in East Germany ‘triggered rise of the AfD’11/05/2019
Renault-Nissan's failure to invest in Japan and the lack of interest in Nissan under Ghosn added to worries in Japan about the compensation of Ghosn being larger than all nine top executives of Nissan combined. A deep sense of affront was felt in Japan as one executive put it -"where is the transparency and where is the frugality." This special report by WSJ shows how the ego based executive which is not typical of Japan failed Nissan. It also shows why this type of management is not healthy for companies or the employees and all stakeholders. Its hard driving nature with unhealthy lifestyles is also becoming unpopular today.
Linked Articles
The Fall of the House of Ghosn
WSJ 12/16/2018
Ghosn’s U.S. Push Irked Nissan ExecutivesWSJ 12/18/2018
Linked Articles
What the U.S.-Mexico Trade Pact Says
WSJ 08/27/2018
Trump Hails U.S.-Mexico Trade Pact, Says ‘We’ll See’ With CanadaWSJ 08/28/2018
A new CDC report on November 16, 2017 shows these alarming statistics which are barely covered in the media. CNN online missing this, and NBC online covering obesity CDC report but missing the CDC report on fruits and vegetables consumed, when we checked in the evening of November 16, 2017.
Linked Articles
America's obesity epidemic reaches record high, new report says
NBC News 10/13/2017
Only one in 10 Americans eat enough fruits and vegetables, CDC study findsThe Guardian 11/17/2017
In a 2010 article Lighthizer described the disadvantages for the U.S. in existing trade practices, especially with China. We covered Lighthizer at that time. In 2017 Lighthizer takes up the arduous task of renegotiating NAFTA, and ensuring a level playing field in U.S. trade relations with Germany, China, Japan, and other countries.
Linked Articles
New York Times 11/12/2010
Trump Sends Nafta Renegotiation Notice to CongressThe New York Times 05/18/2017
Germany and China take the lead to defend the world trading system following protectionist views expressed by U.S. president elect Trump.
Linked Articles
Xi Jinping signals China will champion free trade if Trump builds barriers
The Guardian 01/17/2017
Germany's Merkel to warn Trump about dangers of protectionism | News | DW.COM | 14.01.2017DW.COM 01/14/2017
Economic experts look at the Trump and Clinton economic plans, Trump's based on extreme borrowing and Clinton's careful about deficits. Trump's plan aggravates the wide disparities in income in America after the tech booms and Clinton's reduces these disparities. Clinton's preserves global trading system while addressing the problems, Trump's moves in the direction of protectionism and high tariffs with potential unintended consequences for the global economy.
Linked Articles
Donald Trump’s Economic Plan, Up Close, Doesn’t Add Up
WSJ 10/18/2016
Donald Trump’s Tax Plan Would Boost Economy in Short Run but Not Long Term, Analysis FindsWSJ 10/17/2016
The unemployment rate in Janesville, Wisconsin drops to 4.4% in May 2016, according to the Bureau of Labor Statistics. It was over 9% following the closing of the GM plant and the recession from the 2008 financial crisis. A working class town Janesville was hit hard by the closing of the GM plant in 2008. Amy Goldstein of the Washington Post describes the impact of losing about 5000 jobs at the GM plant, and the problems typical of most manufacturing dependent towns. Throughout the period since being first elected to Congress in 1998 Ryan has continued to be able to get elected on the basis of faith, family and public service, even though some of his policies may not have helped the poor and elderly or laid off workers. Ryan voted for rescuing the auto industry and worked hard to keep the GM plant, and listens to his constituents, and as the economy recovered by 2016 won easily in this old industrial midwestern town. His influence in national politics gives Janesville an opportunity to be heard, as it tackles problems common to many midwestern towns in the U.S.
Linked Articles
Could Paul Ryan’s ideas help his struggling home town? - The Washington Post
Washington Post 08/19/2012
Paul Ryan beats outsider 'mini-Donald Trump' challenger in Wisconsin primaryThe Guardian 08/10/2016
With no tangible solutions for creating jobs, and a policy of high tariffs that could create trade wars and destabilize the global economy hurting growth worldwide, jobs lost in the last decade mostly not coming back, questions raised about how this will improve the prospects for jobs, upward mobility for middle class, working class people.
Linked Articles
Wall Street Journal 03/24/2016
A transcript of Donald Trump’s meeting with The Washington Post editorial board - The Washington PostWashington Post 03/23/2016
By damaging the international trading system including with allies such a Canada, Britain, France and Germany, the result of a downward spiral through higher tariffs in other countries, could end up costing the U.S. 1 million jobs. Under such a system the U.S. would lose many of the advantages of its booming tech sector, its tech driven global advantages in many industries, without signifcant gains in low cost imports such as clothing which would simply migrate to other countries such as India. The problem of worker wage stagnation in the U.S., and loss of jobs in certain sectors, is very real, but this is the wrong way to tackle the problem. China is already moving towards a consumer driven economy. Economists show that trade with Mexico would be seriously hurt both ways, creating more pressure of migrants at the border under such proposals as a 45% tariff and its indirect effect on Mexico, when the actual fact is that net migration from Mexico is the lowest it has ben in decades. Politics can do strange things as when two senators Smoot and Hawley from agricultural states Utah and Oregon, at the head of important committees in the U.S. Congress pushed and passed legislation for a 60% tariff in 1930 for the industrial sector they had no idea about. When Smoot and Hawley lost reelection in 1932 they left behind a lot of damage, especially for the farmers and workers they thought they were fighting for.
Linked Articles
How Trump’s Hard Line on Trade Could Backfire
Wall Street Journal 03/25/2016
Can Trump Start a Trade War?Wall Street Journal 03/08/2016
Three lost weeks in February starting February 9 when the FDA realized its third component of the test to test mutated virus had failed in use by labs but continued to persist in doing this on its own. Private labs of well known medical companies and university teaching hospitals were ready to develop and use their own tests with lightning speed and yet the FDA required its approval stalling that effort. FDA and HHS failure in the crisis led to the quick spread of the virus in Feb- March making any use of test and contact trace for containment ineffective. a crucial window of time was lost!
Linked Articles
FDA’s Authority to Regulate Lab Tests Is Curtailed
WSJ 08/21/2020
What Derailed America’s Covid Testing: Three Lost WeeksWSJ 08/18/2020
Bergamo in Lombardy, northern Italy, did not heed the warnings calling for strict quarantines, Vo in Veneto region did contact tracing and strict quarantines. This made all the difference. Bergamo turned into a disaster, Vo recovered quickly. Vo is 85 miles to the east of Bergamo. This is a warning to cities around the world, act late and without strict quarantine or lockdown and there is a huge disaster looming from the coronavirus spreading quickly, because it is in the words of Dr Birx "very, very contagious."
Linked Articles
Italy’s Slow Progress in Fighting Coronavirus Is a Warning to West
WSJ 03/27/2020
A tale of two provinces: mistakes that fuelled Italy’s coronavirus outbreakThe Times 03/26/2020
Linked Articles
U.S., China to Sign Deal Easing Trade Tensions
WSJ 01/15/2020
In a Year of Trade War, U.S. Deficit With China ShrankWSJ 01/14/2020
Linked Articles
Hong Kong Chief Executive Carrie Lam privately told business group she'd quit, if she could
NBC News 09/06/2019
Merkel renews call for peaceful resolution to Hong Kong protestsSouth China Morning Post 09/07/2019
Linked Articles
Mexico Pact Eases Car Makers’ Concerns
WSJ 08/28/2018
What the U.S.-Mexico Trade Pact SaysWSJ 08/27/2018
Linked Articles
Fewer Births Than Deaths Among Whites in Majority of U.S. States
New York Times 06/20/2018
Growth in Retiring Baby Boomers Strains U.S. Entitlement ProgramsWSJ 06/21/2018
Linked Articles
A special report on Donald Trump’s America
The Economist 07/06/2017
America’s urban-rural dividesThe Economist 07/06/2017
Linked Articles
Mexico is growing less pessimistic about Donald Trump
The Economist 04/14/2017
Trump Nafta Blueprint Raises Concerns in Canada and MexicoWSJ 03/30/2017
Linked Articles
The White House’s claim that 800,000 manufacturing jobs were added during Obama’s presidency
Washington Post 12/09/2016
Trump era confronts organized labor with gravest crisis in decadesWashington Post 12/09/2016
Developing and developed countries alike have seen the cost of the Olympics as a huge burden. Many countries or cities that committed to hosting the Olympic games during boom years were facing economic hard times by the time of the games. Corruption and mismanagement of public funds, overspending and cost overruns added to the problems. Citizens uproar caused cities such as Boston and Oslo to withdraw bids for the Olympics. The Olympics appears to be a costly way to show off a country, and raises questions about better allocation of funds in other directions, especially when upward mobility is a problem for the middle and working class, countries have other infrastructure needs, and neglected basic needs in education, healthcare, public services.
Linked Articles
The 40-year hangover: how the 1976 Olympics nearly broke Montreal
The Guardian 07/06/2016
Rio Games Highlight Problems With the Olympic ModelThe New York Times 08/23/2016
Stronger regulation takes shape through the efforts of Daniel Tarullo at the Federal Reserve and the LISSC. The situation with Goldman Sachs, one of the highly leveraged banks during the 2008 financial crisis still hoping to earn high profits with large trading activities.
Linked Articles
At Goldman Sachs, Stress Test Results Could Endanger an Important Profit Source
New York Times 03/08/2015
Goldman Sachs Not Sure It Can Sell Private-Equity StakesWSJ 08/04/2016
Linked Articles
After Michigan Loss, Hillary Clinton Sharpens Message on Jobs and Trade
New York Times 03/09/2016
Free Trade Loses Political FavorWall Street Journal 03/10/2016
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