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Obesity in the US is as high as about 40% in West Virginia, Louisiana, and Oklahoma. It is lowest about 25% in Colorado, Vermont and Hawaii. About 22 states have obesity rate over 35%. Compare this with China which is seeing obesity increase from about 15% in 2023 to 20% in 2034. Real competition between the two countries starts with areas like health care coming out of the pandemic when looking at the true interest of both peoples instead of geopolitics creating a huge distraction from problems of health, climate change and education. Meat intake has tripled in China and a return to more vegetable and fruits and ancient grains is something that is needed badly, also helping tackle climate change. The states in the South and midwestern US have higher rates of obesity followed by northeast and western states. This includes in the South Kentucky, Georgia, Texas, Alabama, Tennessee, South Carolina, Mississippi, Arkansas. In Midwest it includes Ohio, Indiana, Wisconsin, North Dakota, South Dakota, Iowa and Kansas. It is useful to note that this is in Voice of America news which is aimed at an overseas audience and this kind of information is not seen widely in US media. Robust food programs ae needed especially for people living in poverty. Health consciousness needs to be emphasized in all aspects of life and worklife, workspaces, living locations and transportation options all need to be devised around this. Bussel of the Robert Woods Foundation says even ten years back no state had over 35% of the population being obese. Clearly headed in the wrong direction with all the discussion in media run by billionaires on everything but what most affects the quality and ease of living of ordinary people. ...

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This report on Mumbai's underground subway by Corinne Abrams was first published in WSJ January 6, 2019 with Lyrarc gist. Then as happened too often in the past it became the victim of a change in government with the new government in December 2019 stalling the rapid work on the project. Only when it was voted out in June 2022 did the rapid work shown in this Jan 2019 WSJ report resume. It has accelerated under Ashwini Bhide's leadership of the METRO organization and work is back to round the clock 24 hours a day. "A 27 station, 21 mile subway is being built under one of Asia's most crowded cities- Mumbai. It is moving ahead at the pace of one mile a month, with 9 miles complete, started in 2016 the $3.3 billion Metro Line 3 is on track to be completed by 2021. The government of prime minister Modi is eager to show that it is able to tackle some of the toughest infrastructure projects like this one and get them done on  time. As the head of the Metro Rail Corporation, Ms. Ashwini Bhide puts it this should have been done yesterday, considering the appalling and difficult rides facing Mumbai's millions of residents every day on its old and creaky rail system. There is she says " a desperation" to get this done as is true for so many of the infrastructure projects that need to be done in India." "When complete it will take 1.6 million riders a day 80 feet underground to destinations across the city in air conditioned coaches." ...

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"As you know I am 5 foot 10 on the outside and I was way too fat" says the British prime minister about the time he was admitted to hospital for the coronavirus. The British prime minister now goes for a run with his dog first thing in the morning. He says about his life after the coronavirus recovery that he is steadily building up his fitness. He has good things to say about the run, the exercize in the morning. After the run says Boris everything for the rest of the day is a breeze. A quite gentle run in the beginning that is getting faster and faster as he improves his fitness.  One does not have to go to the gym to lose weight. There is always the great outdoors, space outside the home. As part of the effort to get Britain to cut all that unnecessary fat which is ruinous for healthy living, Britain will now ban all buy one get one free deals on unhealthy food products. All food in restaurants and pubs will soon be required to post the calories count on menus, starting with the bigger chains. Boris Johnson says he is supporting the NHS and the national campaign for fitness and cutting out all the unnecessary calories that have crept into people's food habits and intake. He never intended this but Johnson like others have learned from one experience that has compressed several lifetimes of experience trying to recover from the virus without the fitness of body that is needed.      ...

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As a Sunday school teacher Jimmy Carter brought evangelical Christians in the South into the political process. And it encouraged the emergence of other southerners such as Bill Clinton of Arkansas from small towns into Democratic politics. In doing so it distanced the Democratic party from it's roots as a party of the working man, of the working class and labor, of farmers and small business owners, that it had been from 1902 with TR taking up this stance and followed by FDR, Truman, Kennedy-Johnson. Leading to the situation today after Clinton brought China into the WTO and changed world trade, exchanging places with China as a leader in manufacturing, integrating Silicon Valley into the Democratic party under Obama and distancing from working class concerns. Gerald Seib in his tribute to Cater says in WSJ that he was a good man who was president at a bad time. The problems of inflation and cost of living at 10.4% and mortgage rates at 13%, oil prices with the Iran crisis under Carter were problems that were a result of actions taken by the US in the period going back to the 1950's for Iran and embargoes on oil from lack of conservation in oil use in the US. What Carter accomplished is to open the door to new faces out of nowhere- a small town in Georgia was not a place where a presidential hopeful cold be found in previous eras. Washington, Adams, Jefferson, Adams, TR, Wilson, Harding, Hoover, FDR were all from well known families in the East Coast and Northeast. Only Abraham Lincoln emerged from a small town in Illinois. It opened the door for other southerners Clinton from Arkansas and new faces Reagan and Trump.   ...

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Honda plans to build a new plant in the midwest, with an investment of $400 million. The new plant is likely to make Civic compact cars and the new Fit subcompact. The Fit will be a new hybrid deisgned to compete against Toyota's Prius. Honda opened its minivan plant in Lincoln, Alabama in 2001, and prior to that a new assembly plant opened in 1989. Honda sales grew 5% in the last year. The new plant would bring 13% growth by 2008.

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Teva Pharmaceutical plans to acquire the generic drug business of Allergan in 2015. Teva's sales of generics were $9.1 billion in 2014, according to EvaluatePharma, over 50% of its total sales, and 12% of global market. Alergan had $6.6 billion in generic sales in 2014. Allergan's strategy is to move up the market to branded drugs because of price competition from India in generic drugs. Teva's strategy is to increase the size of its generic business to better tackle pricing issues.

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The Chairman of the House Education Committe rejects a plan from private student loan lenders and is moving ahead with Mr Obama's plan for the government to make student loans directly to students. The president's proposal will save the government $87 billion over 10 years according to the Congressional Budget Office, which can then be used to help poor students pay for college, and lighten the burden on parents for student loans. Its a critical part of making college education affordable.

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Cost overruns on large projects and the change in management at Anglo American. Cynthia Carroll, the current CEO resigned after coming under strong criticism for continuing to push mega mining projects like the Minas Rio iron-ore project in Brazil with a cost of about $10 billion. That project went over twice its estimated value and was 3 years behind schedule. Costs to develop mines are increasing just as iron or prices are falling with lower demand resulting in increasing scrutiny over projects.

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British Airways and Iberia Airlines made the winning bid for British Midland International (BMI) from Lufthansa for 172.5 million pounds. The acquisition is only for BMI's mainland carrier which serves Europe, the Middle East and Africa. This gives British Airways 56 additional daily takeoff and landing slots at Heathrow airport where it has 45% of commercial airtraffic. Lufthansa paid 223 million pounds for BMI in 1999 and when it purchased the remaining 50% of founder Michael Bishop's share in the airline in 2008.

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S&P downgraded France's credit rating from AAA to AA+ on Jan 13, 2012. S&P downgraded Italy's credit rating to BBB+ and Spain's credit rating to A. The AAA ratings for Germany, Netherlands and Finland were left unchanged. S&P stated its reasoning: "Today's ratings actions are primarily driven by our assessment that the policy initiatives that have been taken by European policy makers in recent weeks may be insufficient to fully address ongoing systemic stresses in the eurozone."

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The torrential rain and floods in Australia have disrupted coal mining and are likely to lead to higher coal and steel prices. About 98 million tons of annual steel making coal capacity, equal to 73% of coal exported from Queensland is affected according to analysts at Macquarie Capital. This is 37% of the annual, global seaborne supply of coal for steelmakers. Prices for steelmaking coal have gone up by 10% on the spot market to about $250 a metric ton, according to analysts.

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Twitter, Facebook, Groupon, LinkedIn, Pandora and other names command large valuations. Twitter's curent valuation is estimated at between 8-10 billion dollars. Twitter has sales revenue for 2010 of $45 million, and it had a loss as it invested heavily in data centers and hiring. Estimates of revenue for 2011 are between $100 million and $110 million. Twitter is trying to build its ad revenue with a 20 person sales team headed by Mr Bain, a former Fox Interactive Media president.

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Alexei Kudrin , Russia's Finance Minister announced plans to increase procurement from Russian technology companies from the 15% of state procurement orders of $133 billon to encourage technology companies. Russia's overdependence on oil and mineral exports for 80% of its exports creates a dangerous situation exacerbating a technology gap with western countries. See the related article on the report on the 21st century by the Institute for Contemporary Development that sees a drain of talent to the west if current trends continue.

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The 2.2 billion Swiss franc plan of pharmaceutical company Novartis to remake its production facility site in northern Basel near the Rhine river, with new buildings designed by famous architects. 14 new buildings with different architectural designs are part of the complex that is being built. This is giving new life to the area in St Johann, bringing in boutiques, showrooms and Art Basel. It is connected to France and Germany by a new tram line and a new Swiss underground highway.

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U.S. electronic retailer Best Buy company founder Richard Schulze, its CEO for 36 years till 2002, and its current chairman, resigned on May 6, 2012. He will look at options for his 20.1% stake in the company. Hatim Tyabji, takes over as chairman, he previously headed the Audit committee, and was a director since 1998. An internal probe recently found that Schulze failed to notify the board about an improper relationship CEO Dunn had with an employee. CEO Dunn resigned earlier.

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The planned resubmission to the FDA for approval of diabetes drug Tresiba by Novo Nordisk with improved prospects. The Novo team has discussed its findings with regulators. If the resubmission is accepted Tresiba will be ready for launch in 2015 or early 2016. A once weeekly successor to Victoza, injectable treatment for diabetes, and an oral formulation for diabetes, are other new diabetes drugs Novo Nordisk plans to bring out. The oral formulation market is estimated at $13 billion by Citigroup.

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China's central bank, the People's Bank of China, reduces the capital reserve requirement ratio for the largest banks by 1% to 18.5%, on April 19, 2015. This move is expected to free up $200 billion for new lending by banks. China's securities regulator also acted to curb margin financing, the using of borrowed money to invest in the stock market which faces bubble conditions. China's economy is reported to be slowing making it uncertain whether the 7% annual growth target can be met.

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With the U.S. Federal Reserve pulling back from its monetary easing policy and the ECB holding steady with a low interest rate policy, bond investors are finding attractive buys for government bonds of Italy and Spain. 10 year government bonds of Italy yielded 4.2%, and Spain's government bonds yielded 4.3% on Aug. 22, 2013. By comparison German government bonds yielded 1.88%, narrowing the gap between the bonds of southern European countries and German bonds as the eurozone economies recover in 2013-2014.

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China's crude steel production fell 12.4% from ayear earlier to 35.2 million metric tons in November 2008 and finished steel was down 11% in November. Overall industrial output rose by 5.4% over a year earlier. And electricity output dropped 9.6% over a year earlier in November. And the declines will get bigger in coming months as both export factories and the housing market slow down rapidly. The stimulus spending on infrastructure will improve things but not till the second quarter of 2009.

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In an historic event, the young Senator who introduced bills on improving fuel efficiency in the Senate only a few years ago, announces his proposal for a single national fuel efficiency standard of 35.5 miles per gallon in 2016. Mr Obama had the chief executives of 10 global auto companies all gathered together, as he made the announcement. It reverses decades of conflict on this issue, and puts the US at the forefront of developing new technologies for fuel efficiency and emissions control.

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Friedman on the energy bill, why its watered down in response to efforts of coal-state democrats in the absence of any support from Republicans, and why he still thinks by setting a price on carbon emissions this bill put forward by Waxman and Markey is good for America and the world. The need for young Americans to mobilize support, and for President Obama to do the same. The bill's goal is to reduce carbon emissions to 17% below 2005 levels.

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Losses on aTishman/BlackRock property in New York , the 11,000apartment, 56 building, Bedford Stuyvesant property built by MetLife for veterans of World War II, is in danger of default. Losses would approach $500 million for Calpers, $575 million for Singapore's GIC, $250 million for Florida State Board, and $70 million ofr the Church of England. The property was purchased in the hope of using easing rent control laws to increase rents but tenants successfully blocked the rent increases in court.

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According to Goldman Sachs David Kostin the S&P at 500 is quite possible, and its not abig stretch. At earnings per share estimate of $40 to $50 a share and a P/E ratio of 10 which are realistic in this climate, you get the S&P in the 500 range. the notion of the Dow at 5000 and the S&P 500 at 500 are not unrealistic especially if the stimulus is not adequate or not as effective.

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Americans are using diesel in only about 3% of cars. Diesel is now available at many pump stations. About 50% of cars in Europe run on diesel, cleaner better diesel engines are now made by the Germans, and new diesel models are being introduced in the USA by foreign automakers. This could lead to a jump in the use of diesel in the USA. Diesel may be 15-20 cents more expensive per gallon than gasoline but gives much better mileage

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Makin's view the Fed print money to purchase mortgages directly or purchase Treasury securities directly. Monetary easing has not ocurred and Makin thinks this risks a severe recession. The 15% of homeowners with negative equity and the 20% with marginal equity have little access to credit, a serious foreclosure crisis is looming. Feldstein bernanke and now Makin all lend their voices for serious action to help homowners from going into negative equity where its rational just to walk away from their homes.