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WSJ Original article ›
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Risks are increasing in the southeast and midwestern states in the US where vaccination rates are as low as 30%. The Delta variant of coronavirus is now the dominant virus strain in the US. It is highly transmissible, estimated to be about 50% more transmissible than the original virus. The region covering Missouri, Iowa, Kansas and Nebraska, as well as Wyoming is affected, in addition to the southeastern states, as these states have lower rates of vaccination and vaccine skepticism. As communities in the US and UK reduce pandemic restrictions and open for the summer the risks of last year are being brought up by experts. 

WSJ Original article ›
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This report in the WSJ shows Pfizer is expected to make $8 billion in profit on its vaccine business, and Astra Zeneca barely breakeven in the vaccine business. The British-Swedish drugmaker Astra Zeneca had offered to distribute the vaccine at no profit during the pandemic. For this reason Astra Zeneca is the only vaccine that is available in 170 countries with 1 billion doses released. One of the main recipients is India with a population of 1.2 billion, which is also a vaccine maker for the Astra Zeneca vaccine that was developed at Oxford University, under Indian brand name Covishield. The Pfizer vaccine by contrast was sold to governments in the US and European Union, and Britain, who could afford the large outlay of funds and signed contracts early.

WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
With a shortage of nurses and healthcare workers, some hospitals are dropping the vaccine mandate for healthcare workers. Shortages existed before the pandemic. The burnout for healthcare workers led to people dropping out. The lure of high pay has also led to nurses to travel to hot spots further crimping supply of workers. Recently workers who do not want ot get vaccinated have quit the industry or lost their jobs, some have left for facilities that do not follow the vaccine requirement. CDC estimates 30% of healthcare workers at 2000 hospitals in the US are unvaccinated as of September 2021. The Biden vaccine mandate would be effective for second shots by Jan. 4. A federal judge in Louisiana has ruled in Nov. questioning the president's authority for a vaccine mandate. Following that ruling HCA, AdventHealth, Tenet, Cleveland Clinic are among the hospital chains reversing earlier decisions for vaccine mandate. Other hospital chains in California Kaiser Permanante and in New York Northwell Health have kept the vaccine mandate. Kaiser had 98% staff vaccinated, with a similar situation at Northwell. Kaiser has 210,000 employees and Northwell 77,000. Utah Mountain also has 98% vaccinated.  Research on vaccine mandates suggests them to be effective. U Penn psychology research shows people are more likely to get encouraged to get vaccine than discouraged with a vaccine mandate not vaccinated working in healthcare in September will shrink considerably by January. ...
dw.com Original article ›
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
BBC News Original article ›
NYTimes.com Original article ›
LyrArc Article Gist
Little of what John F. Kennedy and Robert Kennedy fought hard for comes through in the next generation of Kennedys. Looking at Profiles of Courage and Kennedy's speeches one finds something authentic in its conversations about America past and present, about the world past and present. This authenticity is missing in the next generation and the passion for the themes of the day in Kennedy's time is long gone. Did Kennedy come in too early, too soon, Harry Truman would have him wait, giving Humphrey or others a chance. Profiles of Courage and its author would still have made a mark on America in the seventies and eighties. The examples JFK gives of people who put country before party are genuine and real, and they are relevant to today as others including Republican Lankford of Oklahoma who authored the immigration bill in the Senate -that Harris gave a pledge to sign in the nomination speech -are modern day embodiments of that courage They will join the list Kennedy covered. ...
WSJ Original article ›
LyrArc Article Gist
The need for a global response to a global problems not a lot of local solutions is the subject of this article by Dr. Larry Brilliant, who for 7 years 1973-80 worked with the World Health Organization to eradicate smallpox globally. 1. Action for a global response-The WHO can act as the vehicle for action globally-  restructure it and empower it to do the job. Put the right people in place who have the confidence globally. Set a new pandemic treaty and put it in place. 2.  Get a more advanced version of the mRNA vaccine which does not need a cold chain. India is reportedly working on one. Put funds and people in place for vaccine drives in poor countries.  Other action needed is learning from the situation in South Africa where the HIV patients are reported by Stephanie Nolan in NYT to have been more susceptible to mutations of the new variant. How can resources be put in place in poor countries so that patients in vulnerable populations get their medicines regularly, and are vaccinated. Overall how can these populations have the vaccine supplies needed- including ones without cold chain suggested by Larry Brilliant, potentially through vaccine work in India. Can international teams be developed with developed countries in Europe and US financing the effort and India offering its manpower and knowhow?   ...
dw.com Original article ›
LyrArc Article Gist
The government set a target of 60 million tourists. At 40 million this seems too much as quieter neighborhoods of Kyoto and other cities face intrusion from tourists. The Sanseito Party is making this an issue in parliamentary elections in Japan challenging ruling LDP party of prime minister Shigeru Ishida. These parties say that even with population declines and 120 million dropping to 100 million Japan will still have the population to run its economy. These nationalist parties also protest buying of land and property by wealthy foreign tourists in cities like Tokyo and crimes by some immigrants.

dw.com Original article ›
LyrArc Article Gist
DJT Asian trip to Tokyo Seoul and Xi meeting in Seoul October 29, 2025. An important meeting with Xi after negotiators from Japan, South Korea and China tackle difficult issues in trade with the US team led by Bessent and Jamieson. The US completes agreements on trade and security cooperation with Japan and South Korea ahead of the meeting in Seoul with China's leader Xi Jinping. 

dw.com Original article ›
LyrArc Article Gist
Both the EU and US see another wake up call from China's position of on again off again diplomacy using rare earth as a bargaining chip. US and China separately and in coordination work to develop policy and actions to secure access to rare earth and technologies that is independent of China. China sees it's action on rare earth diplomacy as robust diplomacy in response to DJT tariffs, yet this is getting the US to move quickly to develop its own rare earth access including working with Australia, and taking action to support US industry. The European Union is not far behind in doing the same. This and the action taken by the US to restructure world trade for a level playing field, and getting Asian partners to acknowledge their abuse of the international trading system for two decades and accept some level of temporary tariffs is changing world trade. The US can regain the position it has held for the better part of the period 1900-2000, overcoming periods that included the rise of Russia and Japan after 1945. ...
NYTimes.com Original article ›
LyrArc Article Gist
LA Dodgers in Game 7 11th innings with Yoshinobu Yamamoto as Dodgers pitcher. Yamamoto retires 8 Toronto Blue Jays batters. The night before he put in 96 pitches for 6 innings in Game 6. In Game 7 Yamamoto with no rest day pitches the next day 34 pitches for two and half decisive innings with the Dodgers ahead on a homer by Rojas to end the World Series with Dodgers 5 Toronto 4 in Game 7.

With 18 innings in Game 3 and 11 in Game 7 this World Series rates as one of the all time great classics of world baseball. It also shows the intuition of Dodgers Manager Dave Roberts in keeping 34 year old Rojas in the Game 6 and 7, and in bringing in Yamamoto in the final 3 innings after exhausting the entire Dodgers pitching rotation. From Game 3's 18 innings it was clear that if the game went on to extra innings the depth of the Dodgers team and the experience of it's manager would come into play to overturn any predictions. 

The Washington Post Original article ›
LyrArc Article Gist
Average US bills for electricity have gone up by over 10% in about 15 states with some rate hikes over 20%, reports the Washington Post. In New Jersey 21%, Virginai 15%. Higher prices in Utah where renewable energy projects cancellation have drawn criticism from Republican governor Spencer Cox. Higher rates also in Indiana, Ohio and Louisiana. Data centers put up by tech companies are taking up huge amounts of energy pushing up rates. Voters believe these tech companies are not paying their "fair share." There is also no clear idea on whether clean energy is pushing up prices of electricity or whether the cancellation of clean energy projects including the ones that make sense  are pushing up electricity prices, with voters going both ways in their perceptions. With a rapidly shrinking gap between India+ Japan and China, the US can finally put to rest the burdens of conflict such as the 1930's Japanese invasion of China, the war after pearl Harbor in the Pacific, the Korean conflict, and the Vietnam conflict in which America and its people shouldered huge burdens. ...
Wall Street Journal Original article ›
LyrArc Article Gist
A camera placed on a train records the trip from Oslo to the coastal city of Bergen in Norway and Norway's NRK television shows the slowly unfolding scenery for hours. A coastal ferry makes its way up the Norwegian coastline in 2011 in slow moving television. Salmon swimming upriver for 18 hours and live streaming on television This is all part of slow moving television shows in Norway and a way to break away from the endless craziness of daily television and take a long pause from everyday pressures and the hectic pace of life.
New York Times Original article ›
LyrArc Article Gist
The U.S. Treasury plans to sell off its whole stake in General Motors in 15 months. Treasury will sell about 200 millon shares to GM for $5.5 billion by Dec. 2013. The buying price for GM of $27.50 is about 8% higher than GM's closing price on Dec. 18, 2012. Treasury plans to sell the remaining 300.1 million shares within in the next 12-15 months depending on market conditions. Treasury's breakeven point is about $53 a share, and the government will lose money on the bailout compared to the AIG rescue. The government invested about $49.5 billion to help take GM through a planned Chapter 11 bankruptcy filing and reduce a huge debt load. The key in the auto bailout was preserving over 1 million jobs in the U.S. auto industry during an economc crisis.
WSJ Original article ›
LyrArc Article Gist
A survey of 414 National Association of Business Economics (NABE) economists shows Libertarian candidate Gary Johnson with 15%, overtaking Trump at 14% on who would best manage the economy. On protectionist views only 9% support this. 15% said they have no opinion and 55% said Hillary Clinton would do the best job of managing the economy. About 62% say the election uncertainty is holding back growth. Some aspects of Hillary Clinton's economic plan are the $275 billion infrastructure investment over 10 years, taking action against companies that ship jobs overseas, a capital gains tax paln that encourages long term investments, supporting $15 minimum wage, making upward mobility a top priority, providing government financed access to public colleges for working class and lower income groups. Donald Trump's plan has suffered form lack of specifics, shifting comments, lack of careful study, and excessive use of slogans. Both candidates oppose trade agreements that shift jobs overseas. Trump's plan also suffers from lack of credibility overseas as this is important in a global business structure, with fears of protectionism increasing. and reminding people of the protectionism under Smoot-Hawley that increased the damage from the depression of the thirties. ...
New York Times Original article ›
LyrArc Article Gist
There were 500 resumes for a $13 an hour position as administrative assistant at a truck driver training school. The school at trucking company C.R. England, is in Burns Harbor, Indiana. Stacey Ross the head of recruiting found 300 applications in her email box, there was astack of resumes from the fax machine. A total of 500 people had applied for the job posted on Careerbuilder.com. Ms Block who had been unemployed for four months and was aformer accounts receivables manager at a company in Portage, Indiana, gets the job after filling out the application on the company website. The company tries to hire fair to middling talent and train them from within.
The Wall Street Journal Original article ›
LyrArc Article Gist
48% of British voters see immigration as the most important issue, says Ipsos. And 31% say their local area is housing more than its fair share of asylum seekers growing to 61% of Reform UK voters. Reform UK is now leading party with 34% of the vote to Labour's 25% and Liberals 11%. The report in the WSJ on Augu 28 shows how the Labour government did not live up to it's talk on immigration. It also shows how the Conservatives and Boris Johnson failed by opening up non EU immigration from Asia on the grounds that it would bring in the brightest and yet dropped the basic college degree requirement paradoxically or carelessly. Lobbying from health care home care hugely increased migration for this field under Conservatives and is only now being reversed by Labour. Labour has been too slow and the culture of Britain and Labour has not changed enough to grasp the problem. Their are vested interests in Britain such as universities and home care health care that have influenced the conduct of policy so that migration on non-eu has replaced eu migration after Brexit, but not attracted the most qualified immigrants. The 4% of the British population that entered Britain after Brexit as immigrants, millions arrived and now when Labour is trying to bring this down faces a large number of dependent applications. University students are now bringing in their dependents at rates that have skyrocketed. ...
Wall Street Journal Original article ›
LyrArc Article Gist
Compared with 2007 when participatory notes (p-notes), which provide anonymity for institutional investors, comprised 56% of foreign institutional investment, the p-notes comprise only 15% in 2010. This is good for India as investors are registering as institutional investors and there is less likelihood of speculative capital behaviour, as institutions think longer term. India received $18 billion in stock market investments from overseas investors in 2007, a record amount, and with $11 billion invested so far this will be exceeded in 2010.
WSJ Original article ›
LyrArc Article Gist
19 percent of China's exports went to the US in 2017, in 2024 this is 15%, but wait, the difference of 4 percent it is simply coming back to the US but through Southeast Asia. As a result some of the same issues that puzzled Trump negotiators exist today. China's exports surged 12.7% in October 2024 over the prior year. Biden was facing this situation and had yet to respond to the surge in exports to US. These exports were sent to Mexico and to Southeast Asia to circumvent the tariffs. It is the same situation revisited in 2024 with two other aspects of the Chinese economy-economic stimulus gets smaller and the housing and construction industry has imploded, the economy has slower growth. The overall price level in the US with a 60% tariff plus 10% for all countries would be 0.72 addition to the price level of 1.10 percent today- that is when including the depreciation of China's yuan by 10%. as it did last time. The result would be price level in the US at 1.82%, according to J.P. Morgan. Drag on China's GDP of the Trump tariffs in first term was 0.65% according to one investment bank GS, with 60% tariffs it would be 2%. Trump secured a return of $116 billion or 58% of the $200 billion China said it would buy of US exports. The other 42%- the deal was not completed in the end. ...
WSJ Original article ›
LyrArc Article Gist
It comes as a shock to central banks and is pressuring governments- the food price explosion that won't go away even as energy prices are moderating. OECD graphs in this WSJ report show food prices up in 2023 over the prior year by 15-20% in France, Germany and Britain, compared to 5-10% in the US, Canada and Japan. In France households have cut food purchases by 10%, and in Germany by 10.4% over prior year in the largest drop since records were being kept in 1994. In Britain the statistics agency shows that 40% of the poorest 20% of people are cutting back on food purchases. Ludovic Subran who worked at the UN World Food Program says it is an "access problem." Food production has not dropped, people just can't afford to pay the prices. In Britain The Resolution Foundation says higher food prices since 2020 means the British public by summer 2023 will have to pay more in food bills $35 billion more than the 25 billion pounds for energy bills. Policymakers call higher profit margins by retailers as a possible cause as in world commodity markets food prices are falling since April 2022. Andrew Baileyof the Bank of England says it is the "fourth shock to inflation" after the supply chain bottlenecks, the energy price increases from the war in Ukraine, the tight labor markets. In Italy, Spain and Portugal governments have offered sale tax relief, in France and the UK government is leaning on retailers to curb price increases. ...

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