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Germany's Merz is bringing historic change to Germany that it has not seen since reunification in 1990. Understated and underestimated Merz is different from the career politician chancellors of the past. Merz is a businessperson who headed the German branch of the investment fund Black Rock and from this experience has a keen understanding of the economy, of American and European business, and a direct commonsense approach to issues from defense to modernization. In short he is direct, speaks clearly, and action oriented. Within 5 months DJT has acted on tariffs and a level playing field in world trade and on a new budget with priorities for defense and tax cuts. Merz has in 2 months removed the constitutional debt brake of Merkel, corrected policy errors on illegal migration, passed 5% of GDP on defense and gained approval of added borrowing for 129 billion dollars in 2030, 4 times the 33 billion in 2024 to invest in modernization of Germany's failing infrastructure. Together Merz and DJT have stood up for the principle of no nuclear weapons in Iran, and the refocus of South and Southwest Asia on economic development from tragic and senseless wars. ...

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Here is the situation for India for Fertilizer and LPG gas supplies in Iran War March 14 2026- Vaishhnav says 62 lakh tons available 10 more than last year of urea fertilizer. This means India has adequate coverage for the May planting season of fertilizer. On LPG for household cooking India has shifted industry supplies to cover the home cooking gas needs. It is also working on passage of its LPG ships through the Hormuz Straits. Of the Indian ships carrying LPG -22 vessels trying to cross Hormuz Straits, 3 made it though in the last few days. India is in touch with Iran and the Gulf Cooperation Council and through its position in Bric's to get safe passage for LPG carrying ships. Six of the ships carry LPG and one carries LNG of the 22 ships waiting to cross the Hormuz passage.

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The economic crisis in Turkey in 2022 wiped out half of the value of the lira. Inflation surged. The war in Ukraine hurt Turkey as it is dependent on Ukraine for grain supplies. The surge in fuel prices and the weaker currency meant higher inflation and more of its scarce foreign reserves going to imports of oil and gas. Net foreign reserves dropped to $6 billion in July, coming back up to $26 billion by December 2022.  President Erdogan maintained close relations with Russia to have access to  Russian oil and gas. Turkey has increased exports to Russia by 45% including clothing, household appliances and electronics. Russia is considering postponement of $20 billion owed for natural gas imports. And Russia transferred $5 billion to Turkey in July for a nuclear plant, with $10 billion expected later on. This helps cover the more than $100 billion the Turkish central bank used in 2022 to support the currency Lira. Erdogan's foreign policy has been to act as an intermediary in a UN negotiation for opening the Black Sea shipments of grain from Ukraine and fertilizer exports from Russia. This helps Arab countries in North Africa including Egypt which depend on Ukraine for vital grain supplies.  Everything Erdogan does says a former foreign minister is designed to push up his poll ratings which have risen about 5 percentage points from a low of about 39% in January of 2022 to about 44%. Inflation at 57% in Jan 2023 is still hurting ordinary people in Turkey and the outcome of the May 2023 election after 20 years of Erdogan in power is uncertain.  ...

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Modi and Delhi election- Modi's party the BJP wins 50 of 70 seats Feb 2025. Of the hundreds of lines of text in this takeaway on local politics in the Times of India not one line can be found on how it relates to Vikshit Bharat 2047, the goal of a developed economy and modernization of Bharat. Being so close the TOI cannot see the forest, just the trees. Surely Delhiites will not have not noticed the idea of Vikshit Bharat 2047? The 10-15-20 year target of modernization of the Indian economy in the nation's capital. The question in the Lok Sabha elections of 2024 was whether after struggling to keep up with Europe's changes in the modern scientific observation mind during the Renaissance period in the 15th century amid invasions from western Asia, and losing its independence by the 17th and 18th centuries, India would see its modernization blocked by a lack of clear focused development without a majority party in charge. The setbacks in Maharashtra and in Uttar Pradesh for Modi and the BJP in the 2024 Lok Sabha elections were reversed in Maharashtra within 1 year in the Maharashtra Assembly elections in 2024 with a BJP landslide. This win in the nations federal capital Delhi now added to the win in Mumbai the commercial capital (Maharashtra) brings together the entire regional capitals Mumbai- Ahmedabad-Jaipur-Delhi-Indore-Lucknow together as one region for modernization and investment for the first time in 75 years. Large investment in Bihar and Orissa, Andhra Pradesh in the Eastern states in 2024 and 2025 Indian Budgets create a new Way Forward for India to Vikshit Bharat 2035, and onto Vikshit Bharat 2047. ...

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VW's Scout Motors plans in 2026 to sell direct to buyers. A Scout Motors VP says of VW's plans- “We have heard over and over again, ‘Please give me an alternative. You see that there is very little trust in auto dealers today.”  Dealers have lobbied to have the laws in US set so that no one else but dealers can sell cars. Yet this may be becoming an outdated way to sell cars if car makers can provide good service over 10 years to buyers and make the whole process of buying and owning a car a pleasant experience for owners. It is far from that today and the experience is not one that is consistent in quality and have ease of use as the experience varies with each dealer and can change with a single dealer over time, quality is not assured.

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Pew Research 2026 shows Americans more optimistic about use of AI for medicine, healthcare, and for data analysis, and worry about loss of creative thinking and meaningful relationships. Nowhere does Pew ask the real question to the public- "Do you support the diversion of trillions of dollars that would rebuild America's broken infrastructure built in the 1930's and 1960's, and the reindustrialization of America that creates millions of jobs, do you support the diversion of these trillions of dollars that creates these jobs and a better quality of life for Americans, divert it to hyperscale investments of trillions in AI technologies?" Already the majority of Americans simply asked the question about AI in general are opposed. When this question is put about the waste of trillions of dollars desperately needed for quality of life and standards of living, an overwhelming majority of Americans regardless of politics, class and gender are likely to say NO. ...

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Alberta referendum of October 19 2026 for separation from Canada. Alberta with oil and gas, Saskatchewan and Manitoba with agricultural production provide Eastern Canadian provinces such as Ontario and Quebec with food and energy,  Sepratist sentiment in Alberta comes from a sense that Alberta is being exploited by Eastern Canada for the last 100 years. An independent Alberta would be aligned with the US, more likely, though it could be part of the US states. Canada says Sir Ivor Jennings in his book Commonwealth of Nations, if it had joined the US in 1776 would have trade patterns north to south with trade between Vermont and New Hampshire to Ontario, Birtish Columbia with Washington state, instead of the east to west trade of the last 250 years with western Canadian product shipped to the more populated east. Alberta has 12 % of the population of Canada of 40 million or about 5 million people and contributes 15% of the Canadian economy.

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Cabo Verde, Haiti,  Bosnia and Curacao, all qualify for World Cup Soccer 2026 but what about Italy, China and India?  WSJ looks at China and its efforts under president Xi over the last decade to play in the World Cup, to host the World Cup and win the World Cup. This report says Italy's Serie A soccer inspired soccer in China. What happened? In comparison to S. Korea and Japan which sent players to Europe, China kept most of its players at home in China, and had more success with its women's team that reached the finals of the World Cup Women's soccer. The difference with South Korea and Japan is that Korea and Japan invested heavily in youth development as a pipeline for new players which is lacking in China and in India. Corruption has also affected the management of the soccer leagues in China. 

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Strategic siting in renewable rich areas (Dallas center the largest is in renewable rich area) and fair cost allocation to not burden small businesses and households are major issues in Data Center building. Data centers for AI -rows and rows of servers 5000 in hyperscale data centers- used 4% of the US total electricity use in 2024. This is growing rapidly. By 2030 this is expected to grow by more than double, by 133%. About 60% of this to power the servers and 30% for cooling the servers. About a third of these servers are located in Virginia, Texas and California. How will this affect Cost of Living concerns, affect electricity prices? Carnegie Mellon working with North Carolina State University did the modeling on the energy and emissions implications of data center buildup in the US in their Open Outlook Initiative. A 8% annual increase in electricity prices is expected on average and as high as 25% in Virginia by 2030.  Total of about 40% increase over 5 years. Between 2014 and 2024 10 year period average cost for a home electricity use went up 25% from $114 a month to $142. This would now go up by 40% to about $200 by 2030 in just 5 years significantly impacting cost of living in the US. In which states will it strain electricity grids? In 2023 data centers consumed 26% of the total electricity supply in Virginia. In North Dakota 15%, Nebraska 12%, Iowa 11%, Oregon 11% according to Electric Power Research Institute. What are the energy types used? Natural gas is used for 40% of the data center electricity, wind and solar 25%, nuclear 20% and coal 15%.   ...

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Seen as IRA's these accounts in DJT's One Big Beautiful Act with the government investing $1000 of its money for every newborn's savings account is a powerful way to create wealth for the next generation. It is designed to be invested in funds that grow with the S&P 500, will be available in 2026. Lets look at the power of accumulation in a fund that has $3000 invested in it $1000 by the government, $1000 by a grandparent and $1000 by a parent. Over 10, 20 and 30 years. If the child has $3000 invested in it till he is 18 years this would have $54000 of payments made into the fund.   The actual S&P return has averaged 12-13% over the last 10 years 2023-2024. Including dividends it has grown to 249%. Assuming it grows at 10 percent a year ,the power of compound interest is huge- it will grow to $47,000 in 10 years, 147,000 in 20 years, and 349,000 in 30 years. This is 3 times the average IRA of 127,000 in 2025. Fidelity Investments shows average IRA in 2025 as as $127,000, for 30 year olds 104,000. In a good set of years this account alone would triple the retirement savings of ordinary Americans.   ...

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Documents from the Fox News Defamation lawsuit show much tension between news personnel and the television network's prime time news show hosts, says this report in the WSJ. Dominion has $1.6 billion lawsuit in March 2021 against Fox News for defamation. It says the network spread claims that the company's voting machines helped rig the 2020 US presidential election in favor of Mr. Biden. 

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DW.com looks at the challenges India faces in meeting its target of generating 500 gigawatts from renewable energy by 2030. Meeting Glasgow COP26 conference targets requires India to increase installation of solar energy at three times the rate in the past, as well as make massive investments in storage and grid infrastructure, says one expert. Right now India is on track to meet target of 175 gigawatts for 2022-2023.

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High school students have struggled through online classes in 2020 and 2021 in the US. States have waived standardized exit exams and let students repeat 12th grade as the pandemic has made it difficult for students to learn. The lack of a normal classroom environment has affected many students leading to learning loss. High school students have consistently had low assignment completion rates for the last year.

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The US Senate approves $250 billion in new funding for the US to develop independent supply chains in critical products and materials. Ten new semiconductor plants will be built. The effort is designed to ensure the US is not dependent on outside sources that prove unreliable in a crisis. The pandemic has brought home the lesson as this was experienced in 2020 and 2021 with the US too dependent on supply from overseas.

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This NYT report shows how the chip shortage and surging demand for cars is leading to higher prices for carsin the US. Auto manufacturers ordered fewer chips during the first wave of the pandemic in 2020 resulting in shortage of cars on the market in 2021.

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DJT fires BLS labor statistics Commissioner, Erika McEntarfer, following 258,000 downward revision of jobs added, 90% of the jobs shown earlier in  June-July 2028 disappearing. This BBC report and others say that revisions are common. What it does not say is that revision of this size is rare, almost 90% of the jobs created shown earlier are now shown to be non existent, without any serious effort to give an explanation in the statistical data gathering and how it could have overreported the jobs created by 90%. Imagine Jay Powell at the Fed putting this out and not laboring to explain this as he does so often on inflation. Department of Labor owes an explanation of how it is doing the statistics when- BLS revision 144,000 jobs to 19,000 for May 2025- 87% of jobs reported disappeared. BLS revision 147,000 jobs to 14,000 for June 2025- 90% of jobs reported disappeared.   ...

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Over the last 5 years 2021-2025 Americans who are more excited than concerned about AI has dropped from 18% to 10%, and Americans who are more concerned than excited has grown from 37% to 52%, in Pew Research surveys. Showing that self-interested tech companies such as Microsoft and OpenAI, Google are making loud claims for AI that do not reflect the views of the American people as a whole in 2025.

Americans by large margins in Pew Research believe AI will help in day to day tasks from weather forecasting to inventing new medicines. And by large margins of 40% Americans think AI will hurt ability to think creatively and form meaningful relationships and by 20% will hurt for making difficult decisions. This shows Americans -similar to people in China as reported- believe in using AI for ordinary day to day routine tasks, and are wary of AI and aware that AI's usefulness is limited to such routine tasks only.

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The median income in the US in 2024 is where it was in 2019 before the pandemic at about $83,000 with the upper 10% of the population making about $200,000 having a 5% increase. Median income means 50% of the US population makes above $83,000 and 50% below that. In 2024 compared to 2023 slight increase of about 4% for men compared to women, no change for white households, a drop of 3% for Black households, gains of 5% for Hispanic and Asian households, Census Bureau Report shows.

Overall cost of living prices at grocery stores, for automobiles, and housing rental, is what is impacting people the most and has left people in the lower half of the population with considerable anxieties about making ends meet. At $100,000-$150,000 incomes in the upper third of the population there is saving for colleges that have costs going through the roof and cost of child care that is causing anxiety.

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After rapid growth during 2021 home sales in the US are expected to decline by 10% in 2022, according to the National Association of Realtors. The rise of remote work and homebuyers seeking more space had pushed up sales in 2021 with low interest rates. Mortgage rates are now up to 5% in an higher interest rate environment having an impact on home sales. Higher median home prices with the median price of a home up 15% in March compared to the previous year, and 9.5% lower inventories are also having an impact.

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UK student survey shows 49% of students have  financial issues affecting their diet, missing meals or not having enough food or poor quality of food. It also shows 55% have financial issues that affect their mental health. Loans were falling short of covering living costs by 582 pounds a month in 2023, it was 439 pounds in 2022. Maintenance loans for students increased by only 2.8% in 2023-24 in Britain,for a maximum of 9978 pounds a year outside London. Shown here is an engineering student who gets up at 4am to do a supermarket shift, a law student who works 20-25 hours a week as a receptionist and missing one third of her lectures.

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After the disaster of the Japanese Fukushima nuclear plant in 2011 following a tsunami and earthquake chancellor Merkel made the decision to close nuclear plants. Germany will close 3 nuclear plants in December 2021. Decommissioning will take 20 years and 1.1 billion euros per plant. In 2022 Germany will have only 3 nuclear plants in Bavaria, Baden-Wurttemberg, and Lower Saxony, equivalent to power of 4 gigawatts from 1000 wind turbines. Gas prices are up 10 fold in 2021 as Germany makes the shift to wind and solar. Economy and Climate Protection Minister Habeck of the Greens party in the new German government sees a continuation of the policy removing nuclear plants and shifting to wind and solar.

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Greg Ip of the WSJ looks at the impact on the economy worldwide from the effects of variants of Covid-19 in 2022. He cites IMF estimates that global output will be 3% lower in 2022 than it had projected in 2019, with Western Europe and Latin America taking larger hits. US growth is distorted and disrupted with the effects of absence of workers from illness (5 million American workers not working in December 2021 because they were sick, or caring for someone sick or afraid of spreading it), supply shocks from supply chains, 7% inflation. The boost to productivity from digitization conceals the impact of an overworked and fatigue prone remote working workforce, says Greg Ip.

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"The privilege of United States citizenship is a priceless and profound gift." The 14th Amendment was a repudiation of infamous Dred Scott decision and stood up for rights of black people, at no time was it intended to bring mothers from Asia or Africa to the US to get automatic citizenship for a child. 255,000 mothers a year with no connections to the US arrive here for automatic bithright citizenship- US Supreme Court rules "no" June 27 2025, and objects to mothers filing the lawsuits for their children when the mother has no legal status. Justice Coney Barrett in a 6-3 decision says the district courts cannot make laws over the decisions of the executive branch for the whole country as they have tried to do till now. This means birthright citizenship executive branch decision cannot be overruled across the nation. Most of the lawsuits are filed in states favorable to this or that approach.  In a few months the Supreme Court will address the automatic birthright citizenship issue at its core. Can a mother come to the US just to get her child US citizenship coming on a visitor visa. Much of the nation sees this as belittling the value of US citizenship.  ...

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WSJ tells the story about Biden being slow to act in 2021 and 2022 to close the Southern Border, without telling the complete story and all the facts. Biden did close the Border in 2024 by executive order- when Trump blocked passage of Republican Lankford's legislation in Feb 2024 supported by Biden to close the southern Border. No mention is made that Biden was faced with a once in a century pandemic, winning the fight for vaccines over skepticism, and on Feb. 22 2022 Putin launching an attack on Kiev, Ukraine, and negotiating to get the crumbling infrastructure of the US rebuilt, funds for CHIPS and Science. On top of this the Venezuelan economy completely collapsed leading to an unanticipated migrant surge. Only FDR and Lincoln faced so many huge challenges and tackled them one by one. Without these facts the result can be to stall the biggest boom in manufacturing under president Biden/Harris that America has experienced since the space race in the 1960's. ...