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Linked Articles
Covid-19 death toll: where did the UK make mistakes?
The Times 01/27/2021
How the UK reached 100,000 Covid deathsThe Times 01/27/2021
Robert Lighthizer talks about the efforts under the Trump administration to bring American manufacturing back to where it was in the days after World War II, and restore the rights and dignity of American workers. For three decades the U.S. lost jobs and allowed its manufacturing to be outsourced hurting American workers and reducing the manufacturing base of the U.S. The efforts to ensure fairness in trade also protects American workers and manufacturing at home.
Linked Articles
How to Make Trade Work for Workers
Foreign Affairs 12/18/2020
We're proud of what we've done, says Trump's trade chiefBBC News 12/17/2020
Linked Articles
Farewell Paolo Rossi – you broke my heart in 1982 and taught me a vital lesson
The Times 12/10/2020
Paolo Rossi, Italian football great and World Cup winner, dies aged 64The Guardian 12/10/2020
Two crises back to back in 2010 and 2020 putting the working class, middle class and poor further behind each ten years. Pope Francis calls this a challenge for the modern world in his new book "Let us Dream- The Path To a Better Future." He says "we cannot return to the false securities of the political and economic systems before the pandemic, we need economies that give access to all of the fruits of creation, to the basic needs of life, land lodging and labor."
Linked Articles
A Humble Pope, Challenging the World
New York Times 09/18/2015
Opinion | Pope Francis: A Crisis Reveals What Is in Our HeartsNYTimes.com 11/27/2020
Linked Articles
The inside story of how Liverpool won first title in 30 years
The Times 06/26/2020
After 30 years of hurt, Liverpool finally crowned championsThe Times 06/26/2020
France had learned lessons from SARS epidemic and prepared for the H1N1 epidemic at the time that Bill Gates of Microsoft was pushing for greater awareness of public health priorities. Today Gates says this was not enough, that he did not do enough and feels terrible about it. The irresponsible banking practices that caused the financial crises first in the global financial crisis of 2009 and then in the eurozone financial crisis that followed by 2011 led to the ditching of the pandemic preparedness effort in France and Britain. In all of the western world including the U.S. austerity practices were the response without addressing the root causes of financial crises. Investments in public services and infrastructure were neglected leading to a level of unpreparedness that is shocking. Countries in lesser developed countries with more consciousness of the importance of public services and care of the vast majority of people were better protected in the crisis as a result than the more developed countries.
Linked Articles
WSJ 05/11/2020
Pandemic disarmament: Why France was ready for Covid-19 a decade too soonFrance 24 05/17/2020
Kipchoge's entire focus is on running in 2019 with the world watching and the richest man in Britain heading company Ineos backing him. Bannister is only shown later on BBC and is focussed on completing his medical studies, with no major financial supporter.
Linked Articles
The barrier broken on salad and spikes
The Times 10/13/2019
London Marathon 2019: Eliud Kipchoge on freedom, simplicity & power of the mindBBC Sport 04/26/2019
The desperate need for good infrastructure and millions of people in Mumbai who have put up for too long with creaky infrastructure. The Mumbai Metro led by Ashwini Bhide is a path breaking effort to speed things up, as the WSJ points out. As before petitions and other methods are used to stall projects. This time the courts not only dismissed the petition about cutting trees in Aarey Colony, north Mumbai, but also fined the petitioners Rs 50,000 for filing a frivolous petition. Trees are important, as few trees as possible are being cut for the new Metro, and new trees are being planted to replace them.
Linked Articles
WSJ 05/08/2023
‘Activists should accept defeat honourably’: Mumbai Metro MD on Aarey rowHindustan Times 10/05/2019
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
Linked Articles
A Humble Pope, Challenging the World
New York Times 09/18/2015
Poll: Americans widely admire Pope Francis, but his church less so - The Washington PostWashington Post 09/20/2015
Under Hillary Clinton's plan the lower rates for capital gains tax would be introduced with a sliding scale at the highest tax bracket of 39.6%, with the rate gradually declining in year 4, and the rate not reaching the current rate of 23.6% (20% plus a 3.6% surcharge) till year 6 following the investment. Clinton calls it a way to restrain "quarterly capitalism," disincentivize "cut and run shareholders," and incentivize investors "to build companies." One unintended effect of this could also be the shift away from investments that do not support improving productivity levels, to investments that have a longer horizon and have a material effect on productivity growth. Especially considering the low productivity growth improvements in the last decade, as productivity growth will be needed to break out of a period of stagnant wages.
Linked Articles
Wall Street Journal 07/29/2015
Hillary Clinton Aim Is to Thwart Quick Buck on Wall StreetNew York Times 07/27/2015
Harada and Noonan describe the problem today of a generation of leaders and public that were born following the Second World War, who have no knowledge of the horrors and the pain of that war. He has tried to keep the memory of that conflict and the nuclear bombing of Hiroshima, by teaching Japanese children in a kindergarden so that a new generation does not forget.
Linked Articles
Retired Japanese Fighter Pilot Sees an Old Danger on the Horizon
New York Times 04/03/2015
Misplaying America’s Hand With IranWall Street Journal 04/04/2015
The deep differences between Greeks and Merkel operate at two levels. On the level of austerity policies Greece shares the view with other EU countries, the governments of Hollande in France and Renzi in Italy that austerity is not the best course for the eurozone. This view is also shared by people in Spain facing unemployment exceeding 20%, though the government of Rajoy in Spain like that of Samaras in Greece lived with the austerity policies with some changes. At this level there is also support from within Merkel's coalition government from Social Democrats. The other level of deep differences is on debt forgiveness and bailouts where Greece has to find its own way out in negotiations hoping that the EU and the IMF will agree to make concessions based on action taken by Syriza to ensure prudence in fianncial management. On issues such as minimum wage one would expect Syriza to be firm and make concessions where the hardship does not fall on the poorer and working class, winning support from the Social Democrats in Merkel's coalition. Beyond the symbolic moves and posturing the actual negotiations are likely to take into account the eurozone's need for help on the fiscal side desired by the ECB's Draghi to support monetary easing to fight deflation, and the need to keep the eurozone intact at a sensitive time. Syriza for its part is aware that a majority of Greeks favor staying in the eurozone.
Linked Articles
Greece’s new prime minister wants Germany to pay for Nazi war crimes - The Washington Post
Washington Post 01/26/2015
A young, impatient leftist is Greece’s defiant new face - The Washington PostWashington Post 01/27/2015
The Biden administration is seen as continuing the efforts of president Trump to pursue American interests in trade, technology, American workers and business to restore America's leadership role in the free world to what it was in the 1950's. Biden from Delaware is in the same tradition as president Harry Truman from Missouri in that period. Because of Biden's age this could be a one term presidency, and strange as it may sound it could be a presidency of Trump in foreign affairs and trade, technological leadership, without the rhetoric, and a socially cohesive presidency of Democrats in the tradition of Harry Truman. What then to make of all the fights of the Trump presidency? Much of this can be seen as an effort to break the status quo which did not benefit American workers.
Linked Articles
Biden’s Economic Team Charts a New Course for Globalization, With Trumpian Undertones
WSJ 12/01/2020
Trump touts record of ‘no new wars’, standing up to China in farewell addressFrance 24 01/21/2021
Unprecedented effort in India in 5G by 2021-2022 and in mobile manufacturing under PLI incentives by 2025.
Linked Articles
‘India will prove cynics wrong...’: Mukesh Ambani on economy, Jio 5G, vaccine
Hindustan Times 12/08/2020
‘Pushing India to surpass China in mobile manufacturing’: Ravi Shankar PrasadHindustan Times 12/16/2020
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
Macron's effort to persuade Merkel and Germans of the need for common funding for European recovery and his persistence at negotiations with the Dutch and Swedes to secure 390 billion euros of funding aid has earned him increasing popularity in France. It also brings Spain, Italy, Greece and eastern European nations closer together with France and Germany as they fight the pandemic.
Linked Articles
Macron's popularity climbs after signing EU pandemic stimulus, reshuffling gov't
France 24 07/30/2020
Opinion: Extraordinary times call for extraordinary EU measures | DW | 21.07.2020DW.COM 07/21/2020
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
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
Even dire hard loyalists in Northern Ireland are now shifting their position to favor a united Ireland, says a report in The Times. Polls now show a majority in Ireland may now be in favor of a reunited Ireland for the first time in history. The Unionist DUP party may no longer reflect the views of the people of Ireland. The Guardian points out that Boris Johnson's version of Brexit means broken promises to Ireland made by Britain. People in Ireland are beginning to realize that they may be better off in a united Ireland than in the Britain visualized by Boris Johnson which puts Ireland's interests last.
Linked Articles
How Brexit is pushing even loyalists towards a united Ireland
The Times 10/05/2019
The Guardian view on the backstop proposals: Britain’s broken promise | EditorialThe Guardian 10/03/2019
Linked Articles
Coal isn’t safe even its two big growth markets – India and China | Opinion
https://www.hindustantimes.com/ 06/15/2018
Fading Coal Industry in China May Offer Chance to Aid ClimateNew York Times 09/21/2015
Spain's economic recovery continues as businesses continue to invest following the inconclusive Dec. 2015 parliamentary elections.
Linked Articles
Spain’s Political Deadlock Dents Economic Rebound
Wall Street Journal 03/07/2016
Spain’s Political Deadlock Dents Economic ReboundWall Street Journal 03/07/2016
The efforts to wrestle with the deficit in 2011-2012 led to a vigorous debate on changing the tax code, yet political leaders failed to take up new ideas or spell out the details. Jeb Bush, with advisors Martin Feldstein and Kevin Warsh, takes the unconventional approach of putting in the details, and taking up ideas such as the idea of limiting itemized deductions to 2% of adjusted gross income proposed by Feldstein in that debate. On the $2.1 trillion in income held overseas by U.S. companies Bush proposes 8.75% tax paid over 10 years. On business investment he proposes capital investment be allowed to be deducted in full immediately. It is based on the idea that business investment can drive a vigorous recovery, that workers bear 50% of the burden of higer taxes through sluggish wage growth. It levels the playing field for debt and equity capital, removing "carried interest" provision, as a lesson from the excessive leverage taken by financial institutions in the past.
Linked Articles
Wall Street Journal 09/10/2015
Jeb Bush Tax Plan Makes Forays Into PopulismNew York Times 09/09/2015
Britain disproves the popular belief that an ever upward trajectory for election spending is inevitable. The 2010 general election in Britain cost half that of the 1880 general election in 2002 prices, say researchers. In the U.S. spending has increased to the point where candidates may be spending more time fund raising than talking about the issues. The 2016 presidential election in the U.S. is estimated to lead to $10 billion in spending. India, Brazil, and other developing countries face a similar situation.
Linked Articles
Britain’s Campaign Finance Laws Leave Parties With Idle Money
New York Times 05/04/2015
F.E.C. Can’t Curb 2016 Election Abuse, Commission Chief SaysNew York Times 05/02/2015
Major concessions were won by Greece on the most important issues of the surplus, and the size of the public sector with high unemployment. Compromise was being reached on the value added taxes and age for getting pensions, next down the list. Next on the list were pension cuts which undoubtedly would hurt pensioners but in the larger picture of the economy would come after the size of the surplus and dateline, and the size of public sector. The size of these cuts is small compared to the cost of 60 billion euros from the damage done to the economy, and the alternatives for pensioners and the rest of the country. under bank closure. For the EU this was seen as part of pension reforms and for left leaning Syriza compromising on behalf of pensioners.
Linked Articles
IMF Raises Referendum Stakes With Call for More Aid for Greece and Debt Relief
Wall Street Journal 07/03/2015
What Greece WonNew York Times 02/27/2015
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