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The performance of the PIMCO Total Return Fund is 1.22% year to date. PIMCO's Bill Gross sees Japanese investors investing in 10 year U.S. Treasury bonds.

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Toyota is reducing senior management positions to 60 from 77. The board of directors will also be smaller, with 11 members instead of the current 27 members. It was felt that the large board did not enable discussion of important issues and slowed down decisionmaking. This is part of the new Business Plan and the new global vision for Toyota. The thrust is on sales in emerging markets which Toyota will target for increasing sales to 50% of the total sales by 2015, up from 40% currently. Sales in developed markets are set to decline to 50% of the total sales by 2015, down from 60% currently. The other push is in the hybrid sales area. Toyota will roll out 10 more hybrid vehicles by 2015, in addition to all electric cars, plug-in hybrids. Toyota will continue to have an all-Japanese board, and will use a committee of outside advisors to stay abreast of opinion in other countries. Akio Toyoda announced these plans recently and did this by himself, as he puts his own ideas to work for setting Toyota's direction....

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The ruble goes from a low of 80 to the dollar in Dec. 2014 to 50 to the dollar by May 2015. The euro also strengthens against the dollar with weakening economic conditions in the U.S. leading to a reversal in the strength of the dollar.

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A decent amount of pace is good for walking exercise. If you can keep that pace consistently that is good, if you need to slow down once in a while that's ok and overall this gives benefits. It is not Japanese walking as much as it is walking with a sense of seriousness to get the exercise one needs. 

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An estimated 850,000 cases of measles in the US over 25 years is expected if vaccination rates drop in the US, according to one Stanford study.

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WSJ shows the first website as European research organization CERN's Tim Berners-Lee releases the code for the World Wide Web into the public domain. The year- 1993, thirty years ago.

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Young people in Turkey are troubled by many things says this DW video report. DW.com talks with young people on the streets of Istanbul. Young people are troubled by the cost of living with inflation out of control, with not being able to speak their mind, with the waning prospects with many unemployed. Kilicdaroglu, a civil servant who leads the Republican party founded by Ataturk in 1923, offers Turkey a new path with the western alliance and the nations of Europe and the US.

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Raphael Varane of France announces his retirement from soccer at 29 years of age, saying that- "right now we have overloaded schedules, and I feel that I am suffocating, that the player is gobbling up the man." Real Madrid's Courtois, and other players from Manchester City, Manchester United, feel the same way. FIFPRO world players' union general secretary, Baer Hoffman, says the volume of games today is putting too much pressure on the physical and mental well being of players. No one is thinking of us players says one player. Australian coaching mentor Royle, says it is the dehumanization of human endeavor. Players and coaches are stepping away and Jonathan Harding in the DW.com asks if the price they are asked to pay is too high. Is it time for the football league managers to listen.

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For the first time foreign ministers of Russia and the US, Lavrov and Blinken meet briefly since the start of the Ukraine war. The meeting takes place at the G20 foreign ministers meeting in India.

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Germany's Foreign Ministry warned in a cabinet note that investment by China's COSCO in Hamburg port terminal "disproportionately expands China's influence on German and European transport infrastructure as well as Germany's dependence on China." Germany handed over a 25% stake in the Hamburg port terminal to China's COSCO shipping with the decision approved by chancellor Scholz. Several government ministries in Germany including the Economy ministry headed by Habeck and the Foreign Ministry have opposed the bid which is seen as having geopolitical aspects as Germany has no stakes in Chinese ports. "On behalf of the Foreign Ministry, I point out the considerable risks that arise when elements of Germany's transport infrastructure are influenced and controlled by China- while China itself does not allow Germany to participate in Chinese ports," said the note from the Foreign Ministry brought forward by Anna Luhrmann, Minister of State for Europe.  China is seen by Germany and NATO as posing security challenges. "In this respect the acquisition of the container terminal does not only have an economic aspect, but also a geopolitical aspect."  ...