The San Francisco region and the destruction of Jobs in America

12/09/2020

As far back as 2008 Intel's Andy Grove a patriotic founder of technology business in northern California saw the danger in the San Francisco region based Silicon Valley taking a disproportionate amount of America's resources in capital and technology and in return not creating jobs for the American people.

Linked Articles

How China Built ‘iPhone City’ With Billions in Perks for Apple’s Partner

The New York Times 12/29/2016

David Barboza

BusinessWeek 07/01/2010

Andy Grove, Andy, Grove

The success tackling coronavirus in the Indian state of Kerala

05/18/2020

Past experience with pandemics- most recently the Nipah virus in 2018 -helped the Indian state of Kerala set a unique state of preparedness of both the health ministry and the people in control of spread of coronavirus. Hardship is also a great teacher of solidarity- only recently in 2019 Kerala had the worst floods in a century from a cyclone that hit the coast of Kerala in southwestern India. It did not take long for people to take preventive action starting at the end of January when the first cases were being seen in Wuhan, China, led by Health minister Ms. Shailaja. She personally visited a region quarantined in the state to guide the effort.

Linked Articles

The coronavirus slayer! How Kerala's rock star health minister helped save it from Covid-19

The Guardian 05/14/2020

Laura Spinney

DW.COM 04/24/2020

Murali Krishnan (New Delhi)

The Guardian newspaper in Britain- pioneering funding for Quality information through Supporter memberships ($6 a month) and Donate

10/15/2019

The Guardian is experimenting with new sources of revenue and expanding its reader base and sustainable operations with an open access model. The target region is UK, USA, Australia, about a half a billion people in the region.

Linked Articles

Guardian most trusted newspaper in Britain, says industry report

The Guardian 12/17/2018

Jim Waterson

Digiday 10/15/2019

The 1976 Montreal Olympics, the 2004 Athens Olympics, the 2014 Sochi Olympics and the Rio Olympics- decades long debt hangovers and costs growing from the $1+ billion in Montreal to $50+ billion in Sochi

08/24/2016

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

The New York Times 08/23/2016

Michael Powell

Trump's campaign chief Manafort and the issue of consulting work in Ukraine for ousted Ukrainian president Yakunovych

08/16/2016

Linked Articles

How Paul Manafort Wielded Power in Ukraine Before Advising Donald Trump

The New York Times 08/01/2016

Steven Lee Myers, Andrew E. Kramer

The New York Times 08/15/2016

Andrew E. Kramer, Mike Mcintire, Barry Meier

Faces in China as a period of austerity begins in China in large and smaller urban areas with the slowing economy and debt crisis in August 2015

08/28/2015

Linked Articles

Consumer Anxiety in China Undermines Government’s Economic Plans

New York Times 08/28/2015

Edward Wong, Edward, Wong

New York Times 08/28/2015

Michael Schuman, Michael, Schuman

The huge contrast between Chancellor Merkel's approach and the approach of Obama and Cameron to the Syrian refugee crisis

08/20/2015

The German chancellor will be remembered in history for the way she handled the Syrian refugee crisis in 2015, and for the courage to say, "if Europe fails on the question of refugees, its close connection with universal civil rights will be destroyed." Reports in the Guardian newspaper say Germany is likely to accept about 1 million refugees in 2015. Chancellor Merkel says about 800,000 refugees will be admitted in 2015. Contrast this with the UK reports the Guardian which has 166 refugees admitted to the UK, and reports in the WSJ that about 1500 refugees have been admitted to the U.S.. Merkel has taken on the challenge in a spirited way as Europe faces anti-immigrant sentiment and rallied German society in a way that is remarkable. The withdrawal of the Obama administration from the Middle East led to the collapse of the fragile situation in Libya, Iraq and Syria, and the unravelling of these countries, leading to the current refugee crisis with about half of the Syrian population dislocated and large parts of the population of Libya, Iraq, and Kurdish regions dislocated.

Linked Articles

U.S. Pressed to Take More Syrian Refugees

Wall Street Journal 09/05/2015

Felicia Schwartz, Felicia, Schwartz

Washington Post 08/20/2015

Rick Noack, Rick, Noack

The devaluation of the yuan in August 2015 as China responds to lower exports, the appreciation of the euro and the yen, and the U.S. Federal Reserve's plan to raise rates

08/12/2015

China's currency appreciated 9.2% against the euro and 57% against the Japanese yen with its soft peg to the dollar in 2013-2015. The 8.3% decline in China's exports for July 2015 over the prior year led to the policy action to devalue the Chinese currency, the yuan on August 11, 2015.

Linked Articles

China is trying to save its economy with a cheaper currency - The Washington Post

Washington Post 08/12/2015

Matt O'brien, Matt, O'brien

Wall Street Journal 08/12/2015

Editorial

Errors made by the IMF, Syriza Tsipras far left government, leading to the third bailout program of 2015 for Greece

07/06/2015

Just when the first signs of growth in the economy were taking place in 2014 the IMF held back on a 7.2 billion euro payment to Greece which would have increased liquidity to the private sector for growth. The IMF hope to gain leverage with a future Syriza far left government. The first half of 2015 led to economic anxiety in Greece with a failed negotiating strategy of Syriza far left government focussing only on the debt and not on the economy. The damage led to about 85 billion in addtional financing needed following the closing of Greece's banking system in July 2015.

Linked Articles

IMF Warns Eurozone That Greece Needs Far More Debt Relief

Wall Street Journal 07/15/2015

Ian Talley, Ian, Talley

New York Times 07/06/2015

Gikas Hardouvelis, Gikas, Hardouvelis

The Obama administration's efforts on the Trans Pacific Partnership (TPP), after losing allies in Asia and Europe to the Asian Infrastructure Investment Bank

04/17/2015

The Obama administration pushes a free trade pact that includes the U.S., Canada, Mexico, Peru, Chile, Australia, New Zealand, Japan, Malaysia, Singapore and Vietnam. This free trade pact is now seen as a U.S. effort to counter China in the Asian region. India, UK, Germany, France, Italy and other European countries decided to join the Asian Infrastructure Investment Bank sponsored by China, on its merits, after the U.S. refused to join.

Linked Articles

TPP: Momentum on Trade Deal Bolsters U.S., Japan Efforts to Counter China

Wall Street Journal 04/17/2015

Jacob Schlesinger, Jacob, Schlesinger, Mitsuru Obe, Mitsuru, Obe, And Mark Magnier, And, Mark, Magnier

Wall Street Journal 04/17/2015

William Mauldin, William, Mauldin

What Greece won in the negotiations and what Greece lost in the failure of talks with the EU, capital controls, closing of banks and the referendum on July 5, 2015

02/27/2015

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

Viktoria Dendrinou, Viktoria, Dendrinou, Nektaria Stamouli And Ian Talley, Nektaria, Stamouli, And, Ian, Talley

New York Times 02/27/2015

Paul Krugman, Paul, Krugman

Ukraine and the Minsk 2 agreement of Feb. 2015- (2) German and Italian views on implementation by June 2015

02/11/2015

Linked Articles

Hardening of Positions Undercuts Ukraine Peace Accord

New York Times 06/04/2015

Andrew E. Kramer, Andrew, E., Kramer

New York Times 02/11/2015

Andrew Higgins, Andrew, Higgins