LyrArc Article Gist
How the concept of the Basic Structure of the Constitution of India came into being is shown here in The Hindu.

LyrArc Article Gist
With ample sun, wind and land Republican states are benefitting from the investments in their states from Biden's climate change investment legislation. Legislation which they opposed.

LyrArc Article Gist
Annalena Baerbock, German Foreign Minister, says her country will not "stand in the way" of Poland sending Leopard tanks to Ukraine. 

LyrArc Article Gist
In the process tech companies in the US also directed massive capital misallocation away from much needed infrastructure, and other essential needs in the US. Some of that capital was also wasted as the productivity of tech invested capital dropped sharply. US president Biden's investment in climate change prevention, chips and science, in infrastructure and to support working families brought America back to much needed national renewal.

LyrArc Article Gist
American workers at the bottom of the income scale, black, younger and low wage workers benefitted the most from wage increases in 2022.

LyrArc Article Gist
Forty billion dollars of spending for wind and solar installations is slowing down in 2023 says this report in WSJ.

LyrArc Article Gist
William Barr, Attorney general of the US 1991-1993 and again 2019-2020, says serious regulation to breakup the power and chokehold on communications of Big Tech should be the first priority of 2023. He says they have too much power and pose a threefold danger. First they have a chokehold over essential channels of communications and commerce, letting them be the gatekeepers to the digital world. Second they vacuum up a trove of personal information of users that permits manipulating user beliefs and behaviour. Third, they distort the "marketplace of ideas"  and as gatekeepers can pursue their own political and economic agendas. He cautions antitrust litigation is too slow and case by case approach is not the way. And too much time is misspent on proving misconduct, when that is not necessary, as regulatory intervention has been needed whether or not there is misconduct for a fair and good market system to work. He says new dangers are happening and it is time for Congress to stop being all talk and no action even as digital platforms are taking unfair advantage and endangering the fairness of the market system. ...

LyrArc Article Gist
Growing pressure from within the government from the Green party and the FDP, and from the CDU in the Opposition party, for Chancellor Scholz of the Social Democrats to allow Poland to send Leopard tanks to Ukraine to stall Russian advances. That could lead to a return to peace talks and a settlement is also the idea behind additional military support to Ukraine. Western powers also seek to prevent any further losses on the Ukrainian side and show support after attacks on its electricity infrastructure left most of Ukraine in the dark.

LyrArc Article Gist
Super tipping points in climate change action for decarbon ization can occur through relatively small interventions in policy for electric cars, plant based alternative foods, and for green fertilizers, say experts in a report from the Davos Forum in Switzerland. A super tipping point happens when a zero carbon solution becomes more competitive than a  existing high carbon option. More sales lead to cheaper products creating feedback loops that lead to exponential growth and a rapid takeover, says the report.

LyrArc Article Gist
500 modern Vande Bharat trains at a cost of about $6.5 billion are expected to be part of India's Budget for 2023. This is part of the effort to modernize India's rail system used by tens of millions of people under a modernized system of mobility.

LyrArc Article Gist
Judicial interpretation of India's Constitution enables upward mobility, building the infrastructure that supports upward mobility without leakage of funds, and world social justice, says Chief Justice of India's Supreme Court D.Y. Chandrachud. He was giving the Nani Palkhivala Memorial Lecture in Mumbai.  Prime minister Modi could not pursue India's rapid development program to benefit all parts of society without the help of the Supreme Court in interpreting the Constitution in a way that supports India's development. "The identity of the Indian Constitution has evolved through the interaction of Indian citizens with the Constitution and has been accompanied by judicial interpretation... If you look at the Constitution, it does not favor unbounded economic liberalism. Rather, our Constitution seeks to find the right balance. When individuals can exercize their liberties and to be fairly rewarded for their efforts, then economic justice becomes one of the many inter-related dimensions of life. Ultimately, we share common faiths and destinies to the point that development of each individual fosters social justice in the entire world." "The basic structure doctrine of India's Constitution is that it guides and gives certain direction to its interpreters and implementers, when the path is convoluted. The craftsmanship of a judge lies in interpreting the text of the Constitution with the changing times while keeping its soul intact." This happened when Nani Palkhivala presented the idea before the Supreme Court in 1973 against prime minister Indira Gandhi's Emergency rule that parliament had limits to its powers when it came to amending the Constitution if by amending it the amendment would destroy the spirit of the Constitution or its basic idea. This includes freedom of expression, rule of law, separation of powers, freedoms guaranteed to all citizens. The amending power is limited and cannot be turned into an absolute power. Another way of looking at it is that parliament itself is organized by statutory authority. And it cannot destroy or dismantle the very basic features of the law (the Constitution) that created it in the first place.     ...

LyrArc Article Gist
China's Liu He's meetings with Janet Yellen in Jan 2023 at Davos and other locations are helping to stabilize economic ties between China and the US. Liu He is economic adviser to president Xi of China.

LyrArc Article Gist
Trench candles are keeping Ukraine soldiers warm this winter on the front and in trenches. A can tightly filled with cardboard is what a trench candle is. If it is lit 1-2 hours before going to sleep at night it can generate a surprising amount of warmth. Warm clothing is being sent from many countries including Canada and the US to Ukraine soldiers.

LyrArc Article Gist
Entrenched problems at South African energy utility Eskom and this bizarre story about CEO Ruyter. Rolling blackouts have affected South Africa and the company is in severe financial difficulties. It is entirely dependent on coal and 2 new coal plants are behind schedule. It lacks the funding needed for renewable energy conversion.