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A CNN story on Senate investigators looking into a meeting between Anthony Scaramucci, a member of Trump's transition team, and an executive of a Russian investment fund, is retracted. Three CNN employees resigned, including Harris its investigations editor, as the story could not be reliably verified. The errors in reporting are a result of intense pressure to come up with new breaking news stories, as CNN competes with other news providers such as the Washington Post and the New York Times. Paul Farhi cites other errors at CNN. CNN.com shows the work of the CNN investigative team of about 30 thirty journalists. It has come up with other stories on Russia and the U.S. election of 2016 which have been verified. Farhi points out that the stories have led to record ratings and profits for CNN. On of the journalists who resigned was Eric Lichtblau, a veteran reporter who worked earlier for the New York Times.

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Mexicois facing adeep recession and rising unemployment- the economy is expected to see adecline of 7% in 2009. And President Calderon though he retains apopularity rating of 70% has lost the midterm elections and the opposition party the PRI has amajority in Congress. The government is trying to raise tax revenues and support social spending. It wants to raise spending on antipoverty programme Opportunidades and achieving universal health care. The highest earners face taxes going upfrom 28% to 30%.

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Britain has fallen way behind under Conservatives Tories misrule. On just about all indicators of the economy the US is ahead of Britain, on cost of living, on investment in infrastructure, on chips and science, on unemployment and on economic growth. The US economic growth was 2% compared to 0.5% for Britain.  Britain under the Tories over the last ten years lost so much ground fighting for Brexit and hurting it's economy. The Tory party is itself torn apart again today by Farage's Reform party, much of it from poor leadership- Cameron, Boris Johnson, Sunak. The result today is that Labour's Starmer says he has a 22 billion pound gap in the Budget that the Tories Conservatives have left him, a hole he says that will lead to Labour cutting winter fuel payment for pensioners this winter.  The US with president Biden is so far ahead of Britain with $1 trillion in investments taking place under the Inflation Reduction Act and $53 billion under the CHIPS and Science Act. Harris plans to build 3 million homes and offer $100 billion to small business to spur growth. There is just no comparison and owes much to president Biden and Harris, and to senior Republicans who supported the administration on the economy. ...

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3.8 million people in Britain in 2023 fall into the category of "destitute" says The Guardian. Poverty in Britain is only getting worse under the Tories, one in 20 households are destitute, and without hope, missing meals or lacking housing.

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Boris Johnson 5 million pounds of speeches over 2 years 2022-2024 after leaving office, some with risks of moral hazard.

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Rebecca Long-Bailey, a Labour MP describes labour's program to end in-work poverty in the UK over 5 years. About 5 million people face in-work poverty in the UK which has become worse during the pandemic with little help from the Tories.

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A decade of austerity under the Tories has made everything harder for leveling  up to happen between the south and north of England, says this analysis in The Guardian. Huge gaps in health, education, transport, and wages. Grimsby wages are 60% lower than London's.

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The Selby byelection win by Labour in Britain overturning a Tories 20,000 majority shows that Labour can expand its targets to achieve a landslide win in 2024, says this report in The Guardian. Keir Mather just 25 years old will be the new British MP in parliament from Selby.

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With China's economy contracting China is now reviving the sidewalk trade with hawker stalls, food trucks, and other types of sidewalk retailers. Chinese premier Li Keqiang says small entrepreneurs at the micro level are as important as larger business to keep unemployment low. Li says these small traders are as important "as vital to China as bigger and more high end businesses." He is now promoting these smaller business enterprises and individual business owners saying "we will support you," and praising food stalls for their contributions in the past before China industrialized to "human culinary culture."  Only when the economy took off and large companies emerged were these small businesses forgotten. This reverses the Communist party's instructions to close street vendors. Li says that in Chengdu, population 14 million, 100,000 jobs were created in a few weeks by allowing 36,000 street vendors back on the streets.  In fact the informal economy plays a big role in India and other countries in Asia and Latin America, Africa. ...

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This report in the Times looks at president Macron in a holiday setting at the presidential place Bregancon near the military port of Toulon in the south of France. Macron worked hard on the European Recovery Fund and getting a $390 billion non repayable aid fund for southern Europe with chancellor Merkel of Germany through tough long negotiations with the Dutch and the Danes. His work with two provincial mayors as prime ministers, the last current prime minister Castex, in fighting the coronavirus is giving him much needed boost in popularity. Throughout his willingness to learn and to try new approaches without worrying about the risks, and his frank manner with perseverance has helped Macron as he navigated unknown waters. After a drop in the polls to about 30% he is now up to 50%, 18 months before the presidential election. This is good for France as strong leadership is needed after the pandemic both for France, French speaking regions, and in solidarity with former French Africa. ...

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Indian lady doctors who were pioneers in their field between 1860 and 1930 are shown here in this podcast in The Hindu. They had to balance work and family lives, and face many obstacles as they pioneered in their field. 

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The failure of Labour and Keir Starmer in Britain to offer a clear and viable alternative to the floundering Tories is the subject of this report in The Guardian.

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The former UK Home Secretary for Tories under Sunak and Truss, Suella Braverman, joins the Reform UK party and appears at Reform UK event with Nigel Farage. She says the Conservatives saying they would have UK withdraw from ECHR (European Convention for Human Rights), which makes it difficult to conduct a rational commonsense policy on migrants because it was poorly designed or ECHR writers lost their way on common sense, is a lie. For example there is no ECHR type rules for migrants entering China or India or any major country in the world, one that says nations have to take in migrants from anywhere in the world, and provide benefits costing billions of dollars that cannot go into services for the local population. And where migrants can pose a risk for women hesitant to go out in their own neighborhoods- something chancellor Merz of Germany has spoken about recently after incidents in Germany. ECHR has somehow got it wrong.  Labour and Conservatives have pondered this but not acted quickly enough in becoming trapped in a cultural guilt for the colonial era, when ordinary Britons simply want to get on with their lives in their neighborhoods as they did before migrants, and as did their parents and grandparents in Britain. For most of British history colonial policy was decided by a small upper class and the India Office, colonies policy by the Colonial Office, and the lives of working people in Manchester's cotton mills went on with no connection with the Empire. A fact even India's Mohandas Gandhiji quickly recognized and grasped, and whose support Gandhi sought against the India Office of the Empire. ...

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Nigel Farage of Reform surges ahead in the UK. With Tories under Kemi Badenoch uncertain about the future. Labour under Keir Starmer tells Whitehall civil servants to focus attention on delivering results that help improve the lives of the people and to bring results that are visible and make a difference to people.

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The confusion and dimming outlook surrounding Twitter and other social media companies is shown here in this report in the WSJ.

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The checks and balances put inplace by the founders who designed the US Constitution with the two houses of parliament, the Supreme Court, the US Federal Reserve as central bank, and the state governments and large city governments, in a delicate system of balance. The entire house elected every 2 years and the presidency for 3+1 years 3 for governing and the 4th year of primaries and preparing for the next election are other forms of this checks and balances.

Jerome Powell at the Fed will be governor till Jan 2028 and Fed chair till May 2026. Powell plans to complete his term in office and preserve the Fed's independence as designed in the charter for the central bank.