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Summit County median rents in the towns of Breckenridge, Dillon, Frisco, in the Rocky Mountains near Denver, Colorado now exceed $4000. This pushes low paid workers making $36,000 a year serving tourist visitors to the state further away to longer commutes along stretches of rural highway. This NYT report looks at the different lives in the state with 70% of homes vacant or rented out in Summit County as second homes, and the two different worlds based on family wealth and the workers serving these communities. The lack of affordable housing near resorts. Breckenridge and other communities in the Rocky mountains are giving homeowners thousands of dollars to add deed restrictions to limit renting to local residents.

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Neglected landscapes with invasive grass species, weak building standards, and decommissioned dams, made Hawaii weakened Hawaii's defenses against fires driven by fast blowing winds burning flammable material.

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Sarina Wiegman who played and coached most of the time in the Netherlands has taken the England women's soccer team to the Finals of World Cup. This report compares her record to the record of Vlatko Andonovski from Macedonia in former Yugoslavia who is stepping down after the US soccer team did not make it to the round of 16, with a loss to Sweden on goal kicks after overtime. A coach from Sweden Tony Gustaavson was in charge of the Australian team that made it to the semifinals. Gustaavson was assistant to Jill Ellis who took the US to 2 title wins in the World Cup.

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Childcare cost are up much higher than the inflation rate. Costs of care for two children in summer can go up to $2500 a month in Minnesota and other parts of the country more than the cost of the home mortgage.

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A You.gov poll shows Europeans by 64% consider reclining seats fully "unacceptable" compared to 46% in the US. The seats squeezed into a tight space make it more difficult for passengers making airline decisions on seat arrangement an issue. Delta tried limiting reclining to 2 inches to improve passenger comfort on 20% of its planes in 2019, but has not moved ahead to do this with the rest of the planes.

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With higher mortgage rates at 7% from 4% during the pandemic sellers and buyers are not moving forward. There is a sharp drop in US homes for sale by 14% in June over 2022, to 1.1 million homes, according to NAR. Home builders are building new homes to meet demand. Sellers often prefer to rent out existing homes and rent in their new location. Buyers preferring to rent with limited supply to choose from.

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Most American states fare worse than China in life expectancy and a third of American states including even Michigan fare worse than Sri Lanka in life expectancy. This series by Nicholas Kristof of the NYT looks at the interwoven problems from reading comprehension for 4th graders to a broken health system and large disparities of income never before experienced in this way through loss of manufacturing that are devastating America. Among retired people over half have no savings at all and about 90% of retired people are income insecure, something never before seen in the two hundred years of American history. 

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The Vikram lander and the Pragyan rover will separate from the main propulsion craft of Chandrayan 3 to go into circular orbit of the moon and begin a separate journey. to land on the moon August 23, 2023. This will put Vikram rover within 30 kilometres of the moon at the shortest distance and 100 kilometres at the longest distance. The final landing will be attempted by manoeuvres from this orbit by deboosting the craft. The trick will be to get the velocity down at 30 kilometres away to a safe speed for a landing below. Changing the orientation of the craft from horizontal to vertical is part of the manoeuvring planned by ISRO, the Indian Space organization.

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The lunar module of Chandrayan 3 mission is expected to land on the moon August 23-24. This will make India the first country to land a module on the South Pole of the moon where it is believed water may be found.

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City authorites are bulldozing vacant lots in Chicago, Pittsburgh and Detroit. Hundreds of vacant lots can be a problem for cities. Clearing these vacant lots is the first step to building new housing that is badly needed today. Detroit's population has fallen by two thirds, Pittsburgh by half, and Chicago by a quarter since 1950's. Detroit's land bank holds 63,000 vacant lots, Pittsburgh has 13,000 city owned lots being transferred to a land bank. Chicago has 10,000 vacant lots and 16,000 lots caught in a mess of unpaid taxes and unpaid fees. The city is working on new laws to speed up the clearing and development of these lots. Many are in Black and Latino neighborhoods once known to be redlined, meaning the banks denied the places mortgages and speculators engaged in blockbusting to sell declining white neighborhoods from the shift to suburbs to black people. 

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Better management of the economy has sustained Russian economic growth in past crises such as in 2008 when oil prices collapsed. Russian central bank chief Nabiullina has helped steer the economy holding US dollar reserves to just 11% the rest of $600 billion reserves in renminbi, euros and gold. Yet the war in Ukraine has introduced limits. With labor shortages and the technological isolation the war in Ukraine is setting new limits on economic growth, says the WSJ. Going forward the limit is about 0.9% economic growth a year. Before 2008 the Russian economy growth was at 7% growth a year, it dropped to 3.5% after the invasion of Crimea in 2014. With China facing deflationary trends, little recovery in growth, this shows that geopolitical tensions are changing the prospects of important economies. With globalization dimming the prospects of Singapore and UK have suffered. The US is investing in growth, and Germany is following the US model.

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For National Governance Day- Praveen Siddharth, private secretary to the president, writes about the way Atal Bihari Vajpayee handled the difficult situations he faced in parliament after his government faced no confidence motions and his government collapsed for lack of one vote, leading to a government that lasted 13 days, before finally winning the 1999 elections for a first full term in office. This opened the way for a post independence modernizing India based on good governance, "sab ka vikas sab ke sath, sab ka prayas." National governance day is observed on the day of the birth of Atal Bihari Vajpayee. 

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On the 77th Independence Day prime minister Narendra Modi takes the long view of history and presents an India that is putting behind the past and looks to the future. Actions taken a thousand years past brought us to this point even seemingly insignificant actions that shaped history, now India looks to the future thousand years hence because of actions taken today. Demography, Democracy and Diversity are turned into engines that drive the modernization of India in Modi's vision, with rapid implementation of projects every step of the way, a new way discovered by India. In this way pm Modi put today into a new context. Powering India's future is youth from towns and cities across the country, women, and the 135 million added from poverty to the middle class in the last 5 years. 

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The Sulina Channel on the Danube a 40 mile waterway with protection of NATO and of Romania, makes it possible to ship 20 million tons of Ukraine grain. Soon it is expected to double as this waterway offers a way to ship grain out of Ukraine after Russia pulled out of a grain export arrangement out of Black Sea ports. Russia has used drones to attack Ukraine grain infrastructure. The Danube is seen as the efficient route even though it is congested.

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NYT's Maggie Haberman provides this report on the judges and prosecutors handling the indictments of Mr. Trump in several cases, and Mr. Trump's social media posts about how he sees the indictments.

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Two goals in 10 minutes including a dramatic hit from distance by Olga Carmona puts Spain into the finals of the women's World Cup soccer in Australia. Spain wins over Sweden 2-1.

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NYT Shanghai bureau chief Alexandra Stevenson sends this report on the magnitude of the problems facing Country Garden, China's largest housing developer, Country Garden has $200 billion in unpaid bills, has missed interest payments on debt. It lost $7.6 billion in the last 6 months. A million apartments remain unfinished. The government's first concern is that buyers are made whole, it is less committed to housing as a driver of economic growth. And the numbers are just way too large for the government to tackle. By one estimate the unpaid bills goes as high as $370 billion in unpaid bills. What happens to all those construction workers, carpenters and other workers who remain unpaid. Country Garden follows failure of Evergrande another huge Chinese real estate developer in 2021. Experts say even if people buy Country Garden's apartments the losses are too large to make up.

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Paul Krugman says the movie Oppenheimer reminds him of the role played by immigrants and intellectuals in the scientific part of the war effort, in radar and atomic research. He describes the role of Isaac Rabi in the cutting edge research at MIT's Radiation Laboratory that gave the US a radar system the German submarines could not detect, leading to protection of the sea lanes and winning the Battle of the Atlantic in 1943. 

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Achievements of Elvira Nabiullina as central bank chief in Russia since 2013 are the reducing of US dollar reserves from 40% to 11%of $600 billion in Russian reserves shifting to hold most of its reserves in euros, gold or renminbi Chinese currency. She also implemented the alternative to SWIFT the global bank messaging system, and changed the payments infrastructure to process credit card transactions in the country so departure of Visa and Mastercard had minimal effect.

In this way this highly respected banker has protected Russia's economy from western sanctions, says NYT. She is trusted by president Putin and was adviser to Putin in 2012, minister of economic development before that when Putin was prime minister. When Russia suffered an economic crisis in 2014 as oil prices fell sharply and Saudis increased oil production, the ruble fell. Nabiullina increased rates to 17%, and the economy shrank till it stabilized with inflation down to 4% by 2017.