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P&G reports higher sales revenue by 6%  for the fourth quarter of 2021. Pricing on average for P&G cleaning and consumer products rose by 3% in the fourth quarter 2021. Soaring prices for raw materials. labor and transportation with supply chain difficulties were offset with the 3% increase in the last quarter of 2021. Yet volume increased by 3% as more cleaning products were used during the pandemic. P&G finance chief Schulten says the buyers are focused on clean home and health and hygiene categories during the pandemic.

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India and Vietnam are key countries for reinvention of the supply chain to cover home production in the US with supplies from friendly nations. After the G20 meetings in New Delhi president Biden will go to Hanoi, Vietnam. Vietnam also maintains trade relationship with China as it depends on China for its manufacturing exports. China and Vietnam are both socialist nations, yet after a border war in 1979 Vietnam is building a stronger relationship with the US. It also has a trade relationship with Japan and Vietnamese workers help meet worker shortages in Japan.

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Biden says the US Supreme Court has got it wrong on student loan relief. Yet he does not believe the solution lies in expanding the court or term limits for judges, says this report in WSJ. Biden looks at it from the perspective of the last 100 years not the way young people who only know the current court in their lifetimes. In that way he sees any such attempts at term limits or expansion would politicize the judiciary. It is something that is expected to get Biden the support of moderate voters for the 2024 election.

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Daniel Camacho reminds us that being spiritual increases life's satisfaction. It is about being constantly amazed at life and the world outside, and looking at it in new ways fired by spirituality and imagination. It is about the spirit, and it takes in everyday life and what we see in new ways. One can be non-religious and have spirituality, and be somewhat religious yet skeptical of some things in religion without being cynical and have spirituality. One in five Americans are spiritual, and many of these people feel inspired while reading a book or listening to music.

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With Chinese overproduction of  electric vehicles and solar energy panels China needs the EU and US market for its economy. Now that it is more dependent on manufacturing for jobs and the economy, as its construction industry is in decline. The Biden administration by not adding new tariffs yet investing in production at home provides China and the US with a win-win relationship, that China seeks to maintain. This overrides regional tensions for the vital interests of the US and China to compete on a level playing field.

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The idea of "two tier policing" in Britian has been spread by Tommy Robinson and other figures and by social media actors yet it does not pass scrutiny says this report in The Guardian. It is in situations such as these that social media cannot be considered a technological advance but one that takes society back many steps. The lack of regulatory scrutiny and regulation of social media through Tech industry acting on its agenda may be one of the serious threats facing Democracy in the US, Europe and the World.

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President Biden tells USA Today in an interview that "based on polling" he could have won when running for president, yet cannot say about being president at 85 years or 86 years, saying "who the hell knows."

"When Trump was running again for re-election, I really thought I had the best chance of beating him. But I also wasn't looking to be president when I was 85 years old, 86 years old," Biden said. "But I don't know. Who the hell knows?"

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Discussions between president Ramaphosa of South Africa and DJT center on protecting South Africa's Afrikaaner minority. DJT has protested expropriations of Afrikaaner farms by the govenrment. It also will include trade and efforts to stabilize South Africa's economy which needs US cooperation. Afrikaaners are the Dutch minority that ruled South Africa after the Boer War of 1900 ceded authority from the British to Afrikaaners. South Africa developed a multi racial state after the collapse of Apartheid segregation in 1994, yet the country has faced shortages of energy, mismanagement and minority rights issues since 1994.

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Obama Affordable Care Act ACA and its downfall are covered by two experienced authors over 2 book written over 2 decades. The authors are James Morone and David Blumenthal followed the healthcare issue over 25-30 years through the Clinton, Edward Kennedy and Obama efforts and wrote two books. The first was "The Heart of Power" on the healthcare situation from FDR to 2008. The last titled "Whiplash" in 2026, for which the authors are interviewed in Harvard Medicine magazine. C-SPAN has a book program on this book at a Washington DC bookstore. From the discussion on C-SPAN between Senator Michael Blumenthal, borther of one of the authors, James Morone and David Blumenthal physician, couple of conclusions are seen that may be new to readers. Q. What was the one single factor that doomed the Affordable Care Act? A. The deep antipathy towards the Obama administration influenced the response to the Obama handling of healthcare. The likelihood of Republicans accepting healthcare from a black person was simply not there say the book's authors in the discussion and Q&A on C-SPAN. Yet there were other reasons for the ACA failing. Obama had not gauged the mood of the nation well. UK Labour's Starmer won by a big majority in 2024 yet that does not reflect the mood of the British nation just 2 years later- by election year 2012 Obama's campaign was faltering and had to be rescued with Hispanic votes and a weak candidate in Utah's Mitt Romney. Obama lacked maturity and came in the way Bush came in when the list of candidates were mediocre in the US, similar to the period in the UK with David Cameron and Boris Johnson. To take on the health care issue required someone with the experience and caliber of LBJ, which Obama clearly lacked, coming from the minority community was not going to help in credibility. Obama's presidency was thus premature and to gain experience he would have done better in a key cabinet position such as at Department of State where an intellectual could have influenced world opinion in favor of emerging countries, a doable and necessary. Obama's lack of experience showed when he told Republicans two words in the first months in 2008- "We Won," perceiving arrogance it would set Republicans against him. The years 2008-2016 cost the US dearly in that the US needed a withdrawal from all of the Middle East which would require a strong president  with deep roots of support in all parts of the country including the south, to avoid recriminations. In the end by continuing the wars Obama weakened the US and let China move ahead. Q. Did Obama consider Medicare for All? A. Obama told Congressmen of his party according to Morone- if you can get 60 votes in the Senate for Medicare for All we can try.  Q. Would it take a major upheaval for Medicare for All to be accepted now that the health system is failing all Americans in 2026? A. It will take a world war or a economic depression- some major disaster for Medicare for All to be accepted in the US, say the authors. A pandemic happened in 1918 and again in 2019 the results were not positive, as the authors believe it unleashed the war on science after the vaccination for and against camps, leading to the culture wars in America seen today. Q  Obama's analytical mind thought he learned from the Clinton efforts in healthcare that failed. But he did not see things from the heart. There is good reason to think that the lessons learned of moving fast, letting Congress write the legislation, settling for what can be done not what needs to be done, were exactly the wrong lessons to be learned as opposed to writing off the Clinton experience entirely as Clinton's, and starting from scratch without preconceptions. In the end Obama if he was older, had more experience, and listened to the mood of the country would have realized that healthcare was for another day, and got right down to the most difficult challenge, to end the wars in the Middle East. Even small steps in the right direction would still have earned appreciation him today. Instead Bush and Obama, the most inexperienced of presidents will be remembered for wars they continued that weakened America.       ...

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Three years of non stop mask wearing in Japan makes people's smile fade. Facial muscles no longer work the way they do. Exercizing facial muscles or doing yoga for the facial muscles can relieve the disuse. This is a problem not just for Japan. Key is to strengthen the muscles under the eyes and around the corners of the mouth by mild stretching using yoga or Japanese shiatsu exercizes.

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Brazil stands out as an exception to the way in which most large nations have responded to the coronavirus taking it seriously. Brazil's health system lacks equipment and is inadequately funded compared to European countries, yet president Bolsonaro has not imposed the strict lockdown and other measures taken in other countries. Brazil is now the country with the second largest cases surpassing Russia- it has 326,000 cases and 3200 deaths.

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It never made sense to make soap 13,000 miles away in China and ship it to the US, and reflected everything that had gone wrong in a once thriving America and how business had lost common sense. Bath and Body Works is correcting that, as shown here in the WSJ. Yet this is 2023, and so many opportunities for doing this were missed already. It took the pandemic to bring some common sense.

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Milk sales have increased by 7% during the coronavirus period in grocery stores in the U.S., reversing 10 years of decline. Yet dairy farmers expect to struggle as sales to restaurants and hotels that use about a third of dairy products were lost during the pandemic..

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Malpass call sfor astrong dollar policy as the way to prosperity for the US, at atime when other countries are looking to promote domestic consumption for growth by having stong yen in the case of new Japanese policy and a stable but stronger yuan in the case of new Chinese policy. With high levels of debt is easier for the US government to let a weaker dollar reduce the size of its debt, but ith has other bad consequences in promoting jobs and growth in the domestic economy.

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Much of the reward for Labour goes to Health, Nutrition (food choices), and Education (schooling choices for children). This is the backbone for any Nation that is going to be strong and have a good future. Yet economic structures in 2026 and for decades has swung too far in one direction away from Labour and more and more for Capital, creating grave risks for the Nation, and setting the US as the wrong role model. Labour and Capital in 1980 vs 2026- increasing reward for Capital from 7% to 12% of GDI decreasing for Labour 58% to 52% in same period. In some areas this is not so because other regions have set their own priorities and this is a good thing Europe has a strong and fair access healthcare system, India has a strong and fair access pharmaceuticals healthcare system, which act as role models for the US. In 2026 RFK Jr, Dr. Oz at HHS and DJT are focused on getting US pharmaceuticals prices down to levels in the European Union. The real dangers of the skewing in the direction of Capital of rewards is creating a class that is not sensitive to the lives of ordinary people resulting in fracturing of society. Something like that happened in 1600-1800 in India and China leading to the disintegration of society and becoming overcome by foreign European powers which had more dynamic societies from the bottom up that led to discoveries in science leading to the industrial revolution. One detects something like this happening by accident by poor governance and bad decisions for wars (Bush-Clinton-Bush-Obama), and the same administrations pushed by bad advice from economists to ship the productive manufacturing resources of the Nation to China. If not reversed it would lead to the kind of decline Asia witnessed after 1600- hitting all classes of society and destroying the economic structures as foreign powers get the upper hand. The surrendering of research labs and higher education in advanced science fields to foreigners at US and European universities poses similar risks as fractured society with Capital dominant and unaware of the risks. Such societies have less perception of such risk than a bottom up built social, economic and political framework with large numbers of aspiring local citizens seeking these positions in science and technology in the Nation. ...

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Iran's oil production filling up existing storage leading to oil well shutoffs May 2026. Tankers near oil fields are used as storage as Iran faces prospect of filled up storage tanks and ships at sea at some point in the next few weeks. It has slow throttled production, increased storage, yet with no oil getting out of Hormuz straits Iran will at some point in the next couple of weeks have to shutdown some of the oil wells. The oil tanks cannot be monitored for storage level and their is existing storage in refineries and other places making it difficult to say precisely when but it could be in the next couple of weeks. This plays a part in Iran's thinking looking for ways to settle the conflict. US insists on getting all nuclear material out of Iran as an indispensable condition and the full and entire reason for the war not anything against the Iranian people. It is a basic idea- non-proliferation on nuclear weapons. Why in the Middle East- the answer is that for 5 decades there are wars in the Middle East, many small nations created by the British and the French who take no responsibility today, and the prospect of spread is real, sectarian conflicts for centuries, and a situation worse than in the Balkans where World War I started. The region extends from Iran, Iraq, Syria, Afghanistan, Yemen, Pakistan, each nation destroyed by 5 decades of war including many Americans, Russians Europeans dead.  Costs of War Project at Brown University estimates are that 4.5 to 4.7 million people died in these wars. The US is not a colonial power like the British and the French, the Dutch. It seeks no oil as it is self sufficient, and it seeks no strife or involvement in the centuries old saga of the sectarian religious conflicts in the Middle East, having settled its own between Catholics and Protestants in the 17th century so that the Industrial Revolution and Scientific Revolutions could take place to create the Modern World of science, medicine, and industry we know today. Many of the nations of the Middle East seem averse to whole heartedly embracing the European contributions in this achievement as China, India, and America have done, in the process changing how their people think and live, and strive daily to further these achievements. ...

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The Bank of Japan reduced interest rates by 0.2 %, from 0.5 % to 0.3%, lowering the overnight lending rate. Citing higher energy prices and lower export demand it lowered the growth forecast to zero for 2008. This is the first time in 7 years that the Bank of Japan is doing this. Japan has never recovered from the real estate and stock market bubbles of the 1980's and interest rates in Japan have been at levels near zero for many years. With low interest rates and a huge deficit Japn has few options left. The small nature of the rate cut is unlikely to increase borrowing or stimulate the economy say experts, but is more of a symbolic move that Japan will coordinate its efforts with other global economies. Even so half of the governing board voted for and half against this cut with central bank governor Maasaki Shirakawa casting the deciding yes vote. Upto now Japn's significant help has been in the form of suppplying yen and dollars to money markets to ease the global credit crisis. Another move is a $51 billion stimulus package that will give income tax rebates to households. Japan would like to pick up the slack in global growth from USA's weakness but is unable to do so because like other Asian economies its growth is export based with low consumption spending at home. This is true also of China and China's need for infrastructure spending is not as great as it once was leaving imports of machinery at lower levels, which gives less support to export driven growth from Germany or the USA....

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Stalled peace process for Ukraine after Alaska meetings September 2025. Europe is looking ahead to no quick end in the war in 2025. Russia seeks better relations with US but wants to end the war in Ukraine on its own terms. Congress supports Ukraine, as DJT looks for ways to improve relations with Russia as a nuclear superpower, and find ways to bring both sides closer to end the war without success. Following the Alaska meetings a few signs of progress but not enough to reach a settlement of the war as Russia seeks to keep territory in the east and Ukraine looks for security guarantees that Russia has not yet agreed to. Germany under Merz ramps up its defense forces as the US seeks to avoid involvement in a conflict in northern Europe.

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Strabismus, depth perception and misalignment in the eyes not holding back England soccer goalie Hannah Hampton. As a child England goalie Hannah had eye surgeries by the age of 5. She struggled with depth perception and even had difficulty pouring orange juice into a glass. Over the years Hannah worked hard to compensate for this till she was asked to become England goalie only after England goalie Earp retired.

The Guardian gives this inspiring story about the England goalie who never gave up. Twice first in the game against Sweden and in the final against Spain she saved penalties. In the final she faced Spain's striker Bonmati and was able to make a save. It has not come easily but through it all Hampton has persevered till she wins European soccer title for England.

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Subaru makes 80% of its cars in Japan compared to 21% for Honda. Toyota also makes a larger percentage of its cars in Japan. The swing in exchange rates bringing the yen to 116 to the U.S. dollar is likely to benefit both exporters. Experts expect both companies to launch a product offensive in the U.S. market and and not start a price war with American makers. Subaru sales of Forester and other models surged 18% in 2014 to about 500,000 cars in 2014. Toyota is the largest shareholder of Subaru's parent company Fuji Heavy. Fuji shares have quintupled since Nov. 2012. Subaru has always pursued a strategy of making in Japan to keep high product quality, according to CEO Yoshinaga, with half of its sales coming from the U.S. market. For the year ending March 2015 Fuji Heavy net profit is expected to reach $2 billion.

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The Labor Department reports that the U.S. added 255,000 jobs in July 2016.Unemployment remained steady at 4.9%. Of the jobs added, 70,000 were in business and professional services, 43,000 in health care, 38,000 in government mostly in local education, 18,000 in financial services. Yet growth remains slow at 1.2%. Businesses are willing to hire new employees, but reluctant to make new investments in the prevailing uncertainty. Wage growth for average hourly earnings was about 2.6% for the year. Improvements in the jobs picture is likely to influence the U.S. presidential election.

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This article in the NYT point out that by the standard of "beyond any reasonable doubt" the case for impeachment is not made in the Mueller report as suggested by Attorney General Barr.  Yet by the standard of "preponderance of evidence"  a different case could be made because of the persons indicted and the evidence in the report. 

 

 

 

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Wang Yi, a senior adviser for China's decarbonization strategy and 5 year plan has this to say about China's approach to climate change. Yi says it is more important to focus on what actions are to be taken between now and 2030. Here he says China has outlined concrete steps that it will take that the world media has not covered in its coverage of COP26 Glasgow. Yi says China is making changes to its entire system not only its energy sector, across the whole society and the economy. Yet he says "nobody knows this." The working guidance document for carbon control China has put out says it will peak coal consumption by 2025.  Yi says it is unfair to ask China to close all coal powered plants, saying that if these plants with a life of 10 years were closed now who will pay for stranded assets and who will hire the laid off workers. He called attention to western nations failure to provide climate finance to China, India and developing countries. And he called attention to the the plans that by 2030 Chinese investment is to have 1200 gigawatts of installed solar and wind energy, more than the entire installed electricity capacity of the US. He says we are all in the same boat yet in different cabins, with some living in bigger space and consuming too much. ...

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Thucydides, Greek historian on the Peloponnesian War between Sparta and Athens 431 BC, cited by Xi Jinping of China during DJT visit to China, May 2026. “Can China and the United States transcend the so-called ‘Thucydides Trap’ and forge a new paradigm for major-power relations?” "Thucydides Trap," is about one established power being threatened by another rising power, as Sparta felt threatened by a rising Athens in the Greek world around 431 BC, leading to a long over 30 years war.  “The Taiwan question is the most important issue in China-US relations,” Xi said, of Taiwan, an island near China's coast where ChiangKaishek set up his government after the fall of his government in Beijing in 1949 to Communist People's Army of Mao Zedong. “If mishandled, the two nations could collide or even come into conflict, pushing the entire China-US relationship into a highly perilous situation."  What China sees is a future of strong economic growth based on China having built its industrial strength and world trade to exceed 1.2 trillion dollars of trade surplus in 2026. Yet this is only the beginning. US and European Union, and India+Japan are three economic regions compared to the situation in Greek history. The combined three economic regions potential for scientific and industrial advances in the future till 2045 in a synergistic fashion one building on top of the other's advances, far exceed the potential of the Chinese economy and industry by itself. This is why any such conflict may over time fizzle away as three economic regions of EU, US and India advance, particularly the 1.4 billion people of India, which will see growth rates of 20% annually for 10 years to 2035 in Eastern Indian region of the size of the EU. That region extends from Lucknow and Patna to Vizag and Chennai. Another aspect of this concerns China itself which sees slowing growth of 5% in 2026. Growth could slow further as US, European Union and India/Japan push back on Chinese exports during a period of reindustrialization in US, EU, Japan and rapid industrial development in India to 2040. China's development is only midway in terms of per capita GNP which lags most of Europe and the US, Japan. Thus the main concern in China is that China will not be able top go beyond middle income country as its demographics and aging population look more like Japan's over the period 2026-2040. China needs the US EU trade and markets for it to meet the needs and aspirations of its 1.4 billon people as the other engines of development such as housing construction, infrastructure building, have lost momentum. ...

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Of 20 pictures of Shinzo Abe shown in this photo gallery in the WSJ the ones by Kashiyama of Abe on his knees at Iwo Jima recovering remains from the battle in World War II, and by Numata of a safety drill with children in Chiba perfecture where he is seen seated on the ground peeking through metal bars with children, are a must see. Shinzo Abe who led Japan through the 2000-2020 period came from a politically privileged family, but went much beyond that- building relationships with leaders such as Narendra Modi in India and nurturing the India relationship in an act of immense foresight, encouraging an independent minded policy yet working with the US, and defending Japan's position in Asia yet continuing to foster the trade relationship with China and seeking better relations with Russia.  Leaders of US, EU, Germany, France, India, Russia and China, personally felt the loss of Abe in the words they chose to describe the loss. India declared a day of national mourning, showing how far Abe had carried Japan's relationship with India and the number of visits he made to India. ...