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The Wall Street Journal Original article ›
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Three tankers held off the coast of Mumbai by India's Cost Guard have been sanctioned for carrying Iranian oil. India stopped buying Iranian oil in DJT's first term 2016-2020. In his second term DJT wanted India to stop buying sanctioned Russian oil as a way to reduce funding for Russia's invasion of Ukraine now in its fourth year. India has stopped buying Russian oil as part of the goodwill effort to reach trade agreements with the US, EU, and Germany. The seizing of the oil tankers is part of a new effort by India to support bringing Russia to the negotiating table to end the Ukraine war. Russia has demanded Ukraine turn over Donetsk region to end the war, which is a major stumbling block as Ukraine says there are Ukrainians living in Donetsk region. Germany's increase in its defense budget and investment in its armed forces has led to Germany+ (Germany plus UK and France) acting as the chief supporter of Ukraine, after the US has taken more of a neutral stand. The US basically wanting to end the war in 2026 so that the US can address the situation in the western hemisphere with drug and migrant trafficking gangs in Mexico, Venezuela and Columbia, and rebuild its economy to bring back manufacturing from China. For India the guiding principle of its foreign policy is Gandhiji's thinking and advice for fairness and peaceful coexistence - it does not believe in a British inspired NATO expanding on the borders of Russia, and at the same time does not see how a war on a neighboring Russian speaking region is in Russia's continued interest for a fourth year with bombing of energy infrastructure to leave Kviv in darkness. Non -alignment was Nehru's not Gandhiji's idea- the ideas of respect and fairness are basic to Gandhiji's thinking and India will remain true to his ideas in world relations. One aspect of this change in world affairs is missed by all and the media, that is that with the EU and US+ Japan, and India+ Indonesia there is a population of 1 billion of western peoples, and about 2 billion of Asian peoples, for a total of 3 billion people. This is a region three times the size of China, which with its access to capital and technology, labour and good governance is in a position to industrialize and reindustrialize, and bring manufacturing/science and technology to the core of this economic region by 2035. An industrialized India with 2X-3X the size of its current GDP will still be governed on Gandhiji's ideas for world relations in 2047. ...
The Wall Street Journal Original article ›
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Cost of living, of housing and healthcare, with the option of working remotely, is leading to more Americans leaving America for the first time since the 1930's than coming in. It is not just immigration policy discouraging immigration to the US. Middle class and younger Americans are seeing advantages in moving overseas if it costs much less for a better life and you can work remotely. In 2008 Gallup found 1 in 10 Americans wanted to leave, in 2026 1 in 5 want to leave for overseas locations.In 2025 more Americans left the US than came into the US. Estimates vary but one estimate is that in 2025 180,000 natural born Americans chose to leave the US. It is younger families, young people, from the southern US , from the midwest, all over the US, who are choosing to go to Europe or some other country to live and work. The State Department has no idea and does not keep track- it could be between 4 millon and 7 million Americans live overseas. Architects, engineers, professional people, are working out of small towns in teh French Pyrenees, or other parts of Europe.. Portugal - 365 increase inAmeicans in 2025. In a decade Americans living in Czech Republic, Nethelands, Spain, Germany has doubled. One couple profiled here moved to Portugal after preparing for 4 years. Portugal offers visas to stay if one can support himself, herself and family, which is the minimum wage or $27,000., which this couple could show as investment income. They could not find places to stay near good schools in LA because of the cost. Now in central Lisbon they can with $100,000 budget live a richer, fuller life, reduce hours of work, send kids to private school, no need for 2 cars as subways are nearby, and no need to put a ton of money aside every year for college. They have more time to themselves, more relaxed, and kids private school is close by. Today in the US setting aside a ton of money for college makes it difficult on $200,000 a year  in the managerial ranks as shown in reports in the WSJ. College can cost $100,000 a year for 4 years, 2 children $800,000, thats too much.  ...
The Washington Post Original article ›
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Iran Ceasefire breaks down as US escorts ships through Hormuz clearing Iranian fastboats. Iran sends missiles at oil hubs of UAE. Two US destroyers were closely followed by 2 merchant ships as they successfully transited through the straits on Monday morning. Iran sent 6 fastboats at the ships which were destroyed, cruise missiles and drones which had no effect. US Central Command says 100 Navy and Air Force planes drones, satellite imagery and more than 15,0000 military personnel are part of this Project Freedom. Trump says a South Korean ship was involved and maybe South Korea should be part of the effort to clear the waters. DJT says the Project Freedom is for the purpose of - “Meant to free up people, companies, and Countries that have done absolutely nothing wrong — They are victims of circumstance." WHich is to say that poor countries and middle income countries around the world are affected by the IRGC Iran actions that affect oil, fertilizer and other energy supplies. ...
NYTimes.com Original article ›
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Honda takes its first loss since 1957 with a$15.7 billion loss on closing operations of electric vehicle manufacturing in the US. This is similar to losses taken by Ford, GM and Stellantis. Honda says in its statement that “In the U.S., the expansion of the E.V. market has slowed down due to several factors, including the easing of fossil fuel regulations and revisions to E.V. incentives.” It talks about reduced profitability after tariffs- "The extremely challenging earnings is compounded by a decline in the profitability of gasoline and hybrid models due to the impact of newly imposed tariffs.”

The Washington Post Original article ›
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NATO's ambivalence about the US posture on Iran is a problem for the US when it comes to shouldering the burden of reducing the risk of nuclear weapons in the world. There is July 2026 summit of NATO leaders and this remains a problem. Britain has been on again and off again in the war in Iran to keep the Straits of Hormuz open. No minesweepers from Britain, no use of British bases as prime minister Keir Starmer appeals to a skeptical British public and then a reversal to allow use of British bases as British bases are struck by Iran as far away as the Chagos islands.

The Wall Street Journal Original article ›
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At this point in May (May 22, 2026) a glimmer of hope appears for settling both the crisis in Hormuz and the Ukraine war. Pakistan, Turkey and China following DJT visit to China may be pushing Iran to lower the scale of the conflict. China's first priority was to be accepted by the US at the Beijing meeting as an equal power with the US, and keen to show its willingness to bear responsibility for peaceful resolution in conflict zones as a sign of its maturity as a world power. Much of this is not shown in the media as it is mostly done behind the scenes in communications that the media knows nothing about. Note that even in the depths of the Cold War during the Hungarian revolution of 1956 and Soviet action in Budapest, the US and the Soviets when their economies were not intertwined as the US and China are today, were still talking to each other to limit the conflicts to low level conflict. Hong Kong takeover, China's actions near Taiwan, China's presence in Latin America, Chinese cooperation with Iran, and Russia on Ukraine, China's economic competition in rare earths, are relatively smaller levels of friction considering 1950's Soviet's and the US. At the same time China and the Us are aware of a new bloc emerging in Oslo in May, where India is merging its economy with the Nordic economies of Sweden, Denmark and Norway, and of the European Union and Germany, creating a new bloc of 2 billion people that can only grow rapidly with India's potential to exceed growth rates of 20% in the 600 million Eastern region for a decade. EU would make the shift to strategic partnership with India displacing the vital role the European Union has played in China's growth and economy. This would create new pressures for Russian president Putin to decide it is time to listen to a friend India and de-escalate lower the level of conflict with an initial peace deal that would lead to more talks on a final settlement. Because Russia would have a harder time tackling both India and Germany at the same time. NYT shows on the same day May 22 a report on Russia and a report by the Swedish Foreign Minister Maria Sonegard that say the elites in Russia and Putin were by January 2026 having very serious discussion to change the administration, bring Igor Sechin as negotiaor to end the Ukraine conflict before serious, possibly irreversible damage, to the Russian economy. Sweden's Sonegard says that between 2020 and 2024 Russian economy declined by 8%, not grew by 13% as official figures show, inflation is much higher than 5% as official figures show, and credit is tightening, bankruptcies expected, growth even with oil prices up down to 0.4% for 2026. During 20 years running Russia Putin's No. 1 priority, his life's mission was to restore, then exceed by a large margin the living standards of the Russian people. Having at such great cost accomplished the goal of gaining recognition as a Northern Power in Europe, having gained much of Russian speaking eastern Ukraine, Putin could wisely with self respect wind down Ukraine conflict for good. The US gains something similar to Northern Power status for Russia in its recommitment to the Monroe Doctrine, with Russia withdrawing from any involvement- and China tacitly doing the same-  in the western hemisphere. With that the US can tackle its own losses that match Russian losses in lives- loss of more American lives than in the Korean and Vietnam and WWI combined to drug smuggling from Mexico, Venezuela, Colombia, and restoring rule of law in Cuba, Venezuela, and through drug cartel free Mexico good governance in Mexico.  ...
The Washington Post Original article ›
LyrArc Article Gist
Us bombs Kharg Island 15 miles from Iran mainland where most of Iran oil is transported by pipeline from oil fields, then loaded and shipped on oil tankers.90% of Iran oil exports are shipped from Kharg.

The Washington Post Original article ›
LyrArc Article Gist
Raul Castro of Cuba indicted by the US Justice Department May 20, 2026 for Cuban Americans killed when civilian flights helping Cuban refugees in the waters near Cuba were shot on orders from Raul Castro, as minister of defense. Only towards the end of this news report by Perry Stein and Karen De Young of the Washington Post is it clear that this indictment is on Cuba Independence Day March 20, which in 1902 marks the setup of the Republic of Cuba, at the end of the US military takeover of Cuba from the Spanish during the Spanish American War. Cuba under Castro does not use this day but the day of the Communist takeover in 1959 of January 1, and celebrates as Day of the Revolution, July 26, the day when the attack on the Moncada military barracks started the Revolution against the dictatorship of Fulgencio Batista. Only the Obama administration similar to its failures in addressing the Iran nuclear weapons crisis refused to recognize 1902 date as the Cuban Independence Day, all other administrations before did. Under the Monroe Doctrine of 1824 the US clearly considered Latin America as its neighborhood and would not accept any foreign power in its neighborhood, making the Platt amendment attached to the Cuban 1902 Constitution permitting US intervention simply an addition. That the Monroe Doctrine was proven right in 2 ways is not mentioned by the Washington Post or by the elite media. What it did was to prevent European colonial powers from intervening and restoring colonial type rule to Spanish colonies in Latin America. It was welcomed by the British as it had no such designs, objected to by the Spanish Dutch and the French who had such designs for their colonial Empires. It was resented by Cubans naturally but Cubans did not consider that US is the only power who even when it pushed the Spaniards out of Cuba and Philippines in the Spanish American War of 1900 after centuries of Spanish occupation, the only power who prepared Cuba for Independence within 4 years in 1898. Which European colonial power could do this? The other reason for the Monroe Doctrine is in the Platt Amendment attached to the Cuban Constitution which committed the Cuban government to implement and maintain programs the US introduced to control yellow fever and infectious diseases. In 1934 FDR removed the Platt Amendment under a "Good Neighbor Policy. It is the relaxation of the Monroe Doctrine by future American adminstrations that has brought so much suffering and pain to North America, for the US and Mexico with illegal immigration and drugs, corrupting governance in Mexico and creating social political strife in the US, more deaths from drugs than the Vietnam, Korean and WWI combined. Today's Cuba's economy and the Venezuelan economy that copied Cuba's example has completely collapsed, one fourth of the people left the country taking with them the vitally important skills, and leading to economic hardships for the people. This would not have happened if the Monroe Doctrine implemented under the Good Neighbor ideas of FDR and the Alliance for Progress of JFK was kept in place. This shows that Cuba's Independence happened when the Americans supported Cuban rebels fighting for independence in 1898 just as the Indian Independence was won in 1947 from the British under Labour's PM Clement Attlee in 1945 taking action. Four years of American rule in Cuba to prepare it for independence as a transition is far better than 4 centuries of Spanish rule, and 2 years of British rule as a transition 1945-1947 under Attlee (who replaced Churchill in 1945 and setup the NHS) is better than 2 centuries of British colonial rule. In this sense America is with the Cuban people, just as the average British public and working class is with the Indian people.   ...
NYTimes.com Original article ›
LyrArc Article Gist
Justice Alito's majority US Supreme Court ruling on DJT ending program that allowed 350000 immigrants from war zones Haiti and Syria as implemented by the DJT administration. SCOTUS majority did not consider the president's statements instead focusing on president's authority to conduct migrant and immigration policy in the national interest.

The Wall Street Journal Original article ›
LyrArc Article Gist
130,000 jobs were added in US in January 2026 and unemployment dropped to 4.3%.

The Wall Street Journal Original article ›
LyrArc Article Gist
US attack on Kharg Island but only military targets on March 13 2026. 1 to 1.5 million barrels a day flow through Kharg island amounting to 90% of Iran exports of oil. The terminal at Kharg Island can lad up to 7 million barrels a day and has storage for 30 million barrels. Three pipelines connect the oil fields on the mainland to the Kharg island about 20 miles away in the sea. US president says he wants the Straits of Hormuz opened for shipping.

The Washington Post Original article ›
LyrArc Article Gist
Iranian public reaction to the air strikes Feb 28 2026 and death of Khamanei- within Iran disconnect with the government policies and economic hardship. Outside Iran a similar situation with open expression unfolds. Iranian diaspora pubic reaction to US strikes on Iran and death of Khamanei March 1 2026 following protests in Iran in February, is covered in the Washington Post. There are about 1 million Iranian refugees in US and Germany alone and another 1 million in Arab countries Kuwait, UAE and Turkey. And half a million in Sweden and Canada, 250,000 in Israel. 

The Wall Street Journal Original article ›
LyrArc Article Gist
Push to stop nuclear weapons development in Iran in light of  South Korea/ US/ Japan's North Korea experience. When seen in the light of small state nuclear weapons proliferation the policy of stopping the spread particularly in areas of repeated wars for over 5 decades (the Middle East) as pursued by the current US DJT government is something to take seriously, and not politicize, as has been done by politicians and others for their own interests. The world is a safer and better place without nuclear material in the Middle East being used for hidden nuclear weapons programs.

NYTimes.com Original article ›
LyrArc Article Gist
Ukraine's capabilities in drones technologies stabilizes the war fronts with Russia. It economic help from the European Union, and commitments of the governments of Germany, France and Britain, less dependence on the US, now creates a situation in which both sides Russia and Ukraine can make an agreement through which this war can be brought to a close. 

The Washington Post Original article ›
The Wall Street Journal Original article ›
The Wall Street Journal Original article ›
The Wall Street Journal Original article ›
LyrArc Article Gist
The media in US and in Europe presents the US and China on a confrontational course little aware that there is quietly emerging a new trend encouraged by both leaders of the two world powers. "Strategic Stability" in US -China relations instead of China seen as a rival and a threat- is now the goal of Xi Jinping of China in 2026 US-China dialogues and meetings. This was abundantly clear during the DJT visit to Beijing August 14 2026 and will continue to shape relations during Xi's visit in September. This is different from the confrontational attitude taken by both DJT in the first administration and Biden in his four years in office. The result is that these tensions are being gradually brought down which started in 2014, were exacerbated by Covid pandemic in 2019, and were put to the test in 2025 with tariffs policies of the incoming DJT administration. A decade of mistrust now being replaced by  buildup of cooperation, establishing a sense of trust and friendship. Partly out of necessity and partly from choice.This was not secured by giving up on issues the US or China saw as important. US did not concede anything on issues of fentanyl entering the US from Mexico, and tariffs for reducing trade deficits. Similarly China did not concede much on issues it saw as important, mutual respect for China as a significant power, and seeing China's different system of government and industrialization as legitimate and worthy of respect. On Hong Kong and on Taiwan both sides decided to see ambiguity and live and let live as the best option. So that in 2026 nothing, not the Iran War or anything that happens in the Middle East is to be allowed to deter both sides from making the educated good and decent choices that are available to them based on attitude of mutual respect.  ...
The Wall Street Journal Original article ›
LyrArc Article Gist
US can working with all countries find replacement for Hormuz supplies. The meetings with Iraqi prime minister Zaidi at the White House are one part of an extended effort that includes China, India, UAE, EU, Venezuela, other oil producers and oil consuming countries and regions with expanding shift to renewable energy (India, China, EU). Chevron and other companies plan to invest $60 billion in oil projects in Iraq including Kirkuk to Baniyas pipeline. The plan is to ramp up Iraqi oil production to the 4.5 million barrels a day Iraqi production by rebuilding or putting  new pipeline from Iraq to the Syrian coast on the Mediterranean. This is activity from the White House to replace Hormuz as this will keep the US out of a prolonged conflict. The media has not covered the replacement of Hormuz as a viable option to bypass the conflict, leaving a naval blockade in place, and continuing focus on domestic priorities with China, India, EU and other major nations all working together in this direction. China's economy is weak, India's needs trade and technology infusion, EU needs US cooperation and trade, all 3 powers keenly interested in a different path than one put forward by Iran of prolonged and unneeded conflicts for 4 billion people in these largest economies and the 4 billion people in Africa other Asia, and Latin America. That is 8 billion people's interests vs 45 million in Iran (if IRGC has only half the population's support in rural Iran, small towns). Can 5% of the world's population determine the direction of the 95%? Can culture wars in the US which heavily determine the distortions appearing in the NYT,  and the ideological wars on capitalism vs socialism in the WSJ, Republican vs Democrats midterms and other election politics distorted presentation, be allowed to obscure this fact that 95% of the world's people including Americans are interested in fixing drug cartels and fentanyl, fixing dilapidated infrastructure, in building new housing, in tackling oil prices, not the bombing of targets in the Middle East (limiting such action to nuclear weapons facilities not using force in Hormuz). China adds 4 million barrels a day by finding alternatives sources. UAE and Saudis are increasing production outside Hormuz, UAE outside of OPEC. Iraq can add 3 million barrels a day from 1.5 million barrels a day in June 2026 to 4.5 million barrels a day. Because Venezuela's current production is about 1 million barrels a day it can ramp this up to 3.5 adding 2.5 million barrels a day. The chart below shows how Hormuz can be replaced and the task ahead for nations and regions representing 8 billion people in the world. UAE 2 million barrels a day via pipelines, Saudi add 2 million barrels a day via pipelines, Iraq 3 million barrels a day via pipelines, China 4 million barrels a day by alternative sources, India 2 million barrels a day from alternative sources and renewable energy target upgrade, Venezuela 2.5 million barrels a day,  US  1 million barrels a day, Other - Guyana, Canada, Brazil. Shown alongside is a report from Goldman Sachs analysis which come to a similar conclusion and with facts on each specific region's ramp up of oil supplies to replace Hormuz in a race against time.So that Hormuz will be left behind, so that the world and the US of 8 billion people can pursue other priorities of peaceful cooperation, to achieve "life, liberty and the pursuit of happiness" as the Founders aspirations and the world's aspirations.     ...
The Wall Street Journal Original article ›
LyrArc Article Gist
insurance rates for oil tankers of 0.25% of ship's value increase to 1-2% in Iran war for Straits of Hormuz, US Development Finance Corporation says it will offer reinsurance to insurers to cap the price shippers pay. There is no shortage of insurers to insure ships for the Straits of Hormuz, Lloyd's of London is open for business. Shipping executives say they are concerned about the safety of the crew members, that it is about more than insurance. About 1000 shipos are waiting outside the Straits of Hormuz to make the journey through the Straits. At its narrowest point it is only 19 miles making it possible to plant mines in that area. The US is taking action and has sunk many Iranian minelayer ships.

The Guardian Original article ›
LyrArc Article Gist
Andy Burnham is a different kind of politician because he comes with political experience inthe ministries under Blair and Brown, yet remained an outsider by moving to Manchester as Mayor. His background in English literature and well grounded in his home region gives him the kind of character and humility which would deal with foreign leaders not on the basis of ideology but of mutual respect in what he shares in the best ideals of public service with others. With the US this means sharing with DJT his understanding of how there is common sentiment in how the people left out, the disadvantaged by the effects of world trade and export of supply chains, the communities that were hurt and damaged for decades of neglect by different administrations, how there is acommon bond between these people and their leaders across the Atlantic. This provides a common bond for Burnham and DJT, and charts a path that leaves out culture wars favoring common sense on what makes lives better for the American and British people, sometimes using slightly different approaches for the common good, that were lost to previous administrations including from their own parties. Charles as King of Britain did not approach his visit as monarch, but as a leader for the public good in many ways and many aspirations, which provided a sure bonding with American people and the members of US Congress, and DJT. By following the best ideals of public service of America's founders and the best that Britain has to offer over centuries Burnham can chart a new path for Britain and the US in cooperation with allies in Asia (the India Japan Partnership of 1.5 billion people combining Japanese technology with India's ambition), and allies in the European Union. ...
The Guardian Original article ›
LyrArc Article Gist
US collapsed against Belgium. Brazil lost to Paraguay. Argentina trailed Egypt for most of the 90 minutes only to recover with 3 goals in the last 20 minutes and the winning goal in overtime. Messi almost in tears, moved by the near failure of Argentina till the last minutes of the game gave a miraculous reprieve. One by one the highly advertised on television in the US teams and stars, from US's Pulisic, Mexican soccer players, Messi, Brazil's Neymar and Vinicius Jr, are all in shock. Less advertised, less well known players are making their way, and this may be a good thing as the advertising has gone overboard. Companies were pouring money into these ads turning the  players into constant presence in ads and creating an atmosphere that is not healthy for soccer as a sport. One just hopes France's Mbappe with his humility and quiet demeanor doesn't get into one more noisy ad on television like the others. Is Christiano Ronaldo, the little kid from Madeira, Portugal, coming out of nowhere at that time, a billionaire? Is Messi also from remote town of Rosario, Santa Fe province, Argentina, a billionaire? This doesn't do much for the sport. Germany's best goal scorer in this World Cup only dreamed of not having to do two jobs, and having a steady career, after struggling for a long period. There is something in this World Cup that has brought previously unknown players from unknown places like Cabo Verde to the forefront on world television, including the Egyptian and Moroccan players, the players from other smaller countries. Even the English players in the Premier League playing for England look good by comparison. ...
The Wall Street Journal Original article ›
LyrArc Article Gist
Profiting from the US presidency that the WSJ says demeans the office. Crypto firms facing investigations and downturn joined to support the Republican candidate in 2024. WSJ Editorial Board is critical of the dealings with crypto firms by the DJT family. Democrats hope to make this an issue in the elections and these crypto and other dealings have a high degree of disapproval among Republicans.

The Wall Street Journal Original article ›
LyrArc Article Gist
As the media in the US and world cover this issue the focus is on the war and Hormuz. In the background a different situation is playing out. US Iran peace talks with Pakistan/ Qatar mediation June 13 2026- different factions in Iran RGC and Foreign Ministry+mediators with different positions  put out conflicting reports throughout May and June. The mediators Pakistan, Turkey and also Qatar/Saudis which also have a keen interest in limiting the damage to their economies, are taking one position working with the Foreign Ministry and elected Iranian president Pezeshkian who won 16 million votes 55% in the 2024 election. Inside Iran the RGC under new leaders is pursuing its own interests that does not put the economy first in conflict with Pezeshkian and public opinion in Iran for putting the economy first.  Pakistan faces grave risks with its large population, the risks to the economy from oil prices at $125 a barrel to its balance of payments crisis. Turkey also faces risks to its economy with high inflation. Saudis and Qatar see their economic prospects as limited and need to cut economic projects as oil revenues decline. In this situation the US goal of getting nuclear material out of the country is now put into a phased process based on conditions for every step of the way by the US negotiators, yet with memorandum of understanding to accomodate a changing situation. This policy may also be now agreed on between China and the US, and to some extent Russia. This can be seen as playing out and media does not talk about it. China openly greets DJT in Beijing and US and China agree to work things out in May 2026. China cuts its oil use by 3 million barrels a day as shown in a WSJ report this week. This is a major step. UAE leaves OPEC and calls for cuts in oil prices. Next Delsy Rodriguez of Venezuela visits New Delhi, India, and meets to set up economic relationships that include large purchases of Iranian oil to replace supplies lost in Hormuz and what India can offer in exchange for these purchases to Venezuela, including infrastructure building support. This points to a Win-Win for the US, China, India, as oil needs are met from places other than Hormuz for major users of energy. China may have realized that its prolific use of oil for 25 years of rapid development may have led to wasteful use of oil- some of that wasteful use can now be cut- 3 million barrels of oil use cut accepting some slower growth for quality growth. Germany and Japan are using less energy per unit of GDP and China will be looking at their model of energy use as an example to follow. This has huge potential for limiting climate change, as without China and India becoming more efficient in energy use, nothing the US could do was going to make a big difference for climate change. This may be one of the unintended benefits of the Hormuz situation in 2026 - ways to cut energy use for climate change action. And ways to move away from Hormuz and Persian Gulf for supplies so that poorer countries and advanced economies have to pay less for oil helping the poorer countries (Pakistan, Turkey) survive and grow, helping middle economic status rapidly modernizing economies  continue rapid growth (China and India), and helping advanced economies with cost of living hurting the majority of their people (US and EU).  With less money Russia, Iran and other countries will face serious constraints for more military expenditures as for the first time alternative supplies (other than Hormuz) and lower oil prices are being brought about in a newly unfolding plan of the US, China, India and other nations, that is not discussed in today's world media headlines. This means when seen objectively there is room for optimism based on the one thing going for the US, China, India, EU, a host of poorer nations in Asia /Africa/ LatinAmerica, the  5 largest development blocs and population blocs today, which is that the US and China can agree on being custodians for peaceful development accepting their responsibilities for guaranteeing this world order- as DJT and Xi Jinping stated in Beijing in May 2026- with the US aim of nuclear free Iran also accepted by China, Russia, India, and large sections of the Iranian population that put the economy first. ...
WSJ Original article ›
LyrArc Article Gist
US and UK complete a trade agreement, the first of its kind with major trading partners. US has a $11 billion surplus in $148 billion two way trade with UK which is just ahead of India and behind Vietnam in trade with the US. Vietnam has acted as aproxy for Chinese exports to US something the DJT administration is taking action to correct. UK first 100,000 cars exported to US will not face a 25% levy, and UK exports will only face the 10% levy on all countries, including on British aluminium and steel. This agreement happened Thursday May 8 after a night call from Trump to Starmer moving up the negotiations to get awin for the US and the UK, that will also act as a model for other countries to reach trade agreements with the US. India, Japan, South Korea, could be next followed by EU. It also opens up engagement with China on a trade agreement. UK's Starmer thanked president Trump. The agreement was a first and it boosts stock markets in the US, shows the US can do this. ...

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