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Mike Spence is Trump's selection for vice presidential running mate. He is expected to appeal to centrist Republicans and independents compared to other choices Christie and Gingrich. He also appeals to conservatives with strong positions on abortion, gay marraige and Obama health care law. Compared to Christie and Gingrich, Spence brings a calmer presence that Republicans see as moderating the ticket considering the aggressive style of Trump. Spence has said he is "a Christian, a conservative, and a Republican, in that order."

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Sony's CEO, Kazuo Hirai, talks to WSJ staff in April 2015, on ways in which it has changed as it adapts to the new competitive environment. He says the basic DNA remains the same with its focus on innovation. What has changed is the sense of urgency, accountability starting at the top, and the ability to adapt quickly to the competitive environment. Hirai describes his personal life at home alone in his condo, with his family in California. He spends the quiet time on the weekends in the condo thinking over decisions to be made, testing the logic, and adds that he rarely changes once he has made up his mind.

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Challenges facing McChrystal, his blunt assessment, who says his troops are in the situation of apowerful but stupid bull lunging after insurgents. More important to protect the Afghan population he says to his troops tna to kill insurgents. But do the people think this way or do they simply wnat to be left alone by both the Taliban and the American forces if they could speak their mind. See Intelilinks for ground reports including Kearns Goodwin.

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Russian president Putin talks to journalists at his year end news conference in Dec. 2015. He has sharp words for Turkey, saying Russia's advanced air defence system S-400 is now in place to prevent any attacks on Russian war planes over Syria. And says the costs of the bombing campaign in Syria comes out of the Defense Ministry's training budget. Putin calls Donald trump "a very bright and talented man." He tells Russians that the Russian economy was coming back after a sharp recession. He points to Russian life expectancy at 71 as one achievement of this period, as the government considers raising the retirement age to conserve resources.

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Francois Hollande, the Socialist party candidate for president in France, was strongly critical of the failure of the EU plan on Greece. He says the there was in this situation a failure not only of governance in Greece, but also a failure of governance in Europe. The situation called for extraordinary measures early in the crisis. Its not about Greece not having to make the cuts to reduce the deficit, says Hollande, but about coming up with a plan that offers a return to growth- to bring debt down to 60% of GDP with a larger share of private and public contributions. He predicted a larger public contribution to match the 70% discounting of bonds by private investors would take place.

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Here Simon Jenkins in the Guardian looks at the situation in Spain, where independence from Spain for Catalonia, could lead to independence demands from other regions such as the Basque region. He says opposition to devolution of powers to Scotland in the 1980's in Britain led to the drive for independence in Scotland years later. He sees the Spanish government's strong response as not the best way to deal with the situation. A better way is to allow some form of self-rule for regions such as Scotland and Catalonia, enough self-rule to accomodate regional aspirations. He cites the example of Slovakia with peaceful separation as the alternative if no agreement is reached.

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Jerome Powell, a Fed Governor, is the next choice for Federal Reserve chairman. He is a lawyer, and was Treasury undersecretary for financial institutions in the George H.W. Bush administration. He is an investment banker and also worked for the Carlyle Group. This is the first time in three decades that a choice is made outside of the economics profession. Fed policy for a gradual increase in short term rates is unlikely to change says the WSJ, as Powell was a close ally of current chairwoman Yellen. He is only different in that he is for a less burdensome regulatory policy at the Fed, to avoid what he calls an "ever increasing checklist," so that regulation is not seen as an answer in all situations.

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Der Spiegel interview by editors Christiane Hoffmann and Christian Reiermann  with Finance Minister Schauble of Germany in June 2016, on Britain's exit from the European Union. Schauble points out that crises also present opportunities, citing the euro crisis which today is different after six years of tensions, and the Euro currency the second strongest reserve currency in the world. He says politicians would be deaf not to learn from the Brexit referendum, and to come up with better ways to bring Britain's active participation in the European Union. He says the more Britain is part of Europe the better things work. On defense and foreign policy he sees Britain playing a role with Germany and France so that the European voice can be heard in the world. Schauble says Europe can be sluggish and slow at times, but it can come up with solutions. He agrees with Britain that bureaucracy hurts Europe and needs to be tackled, more autonomy is also part of the foundation to build for Europe. It is not essential that all be part of the Schengen area or the monetary union, flexibility matters exceptions can be made, but active participation is vital. In Schauble's view Britain's "pragmatic rationality" is hugely valuable for Europe. ...

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Bank of America CEO, Brian Moynihan sees economic growth at 2.5% for the U.S. in 2014, and global economic growth for GDP at 3.5%. He expects the Fed to continue its bond buying program in 2014 to prevent any backsliding in economic growth in the U.S.

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Ken Murray, a retired family medicine professor at the University of Southern California, describes how doctors address the option of prolonging life when the prospects of survival improve say from 5% to 15%. The choice is based on the human need to find closure in an atmosphere that gives comfort, a sense of peace and a sense of place with home and family, with hospitals not deisnged to and not able to perform that role. Murray gives the example of his cousin Torch, who he says was born at home by the light of a flashlight, who decides to not choose aggressive treatment, which would have prolonged his life for no more than 4 months. Instead he spent the next 8 months with family and did everything he could do with the 8 months that made for quality of life, rather than just choosing quantity in and out of hospitals. He died peacefully in his sleep. The heroics in and out of hospitals would actually have deprived the patient of the opportunity to reach a sense of closure that comes from the comfort of home, family, and arriving at a sense of peace....

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Questions readers raise about Lewis Sorley's account of wins in the latter part of the war in Vietnam. The idea presented that had the country stood behind the war effort it could have been turned around. Here President Johnson's own deputy national security advisor, Francis Bator, who is Professor emeritus at the Harvard Kennedy School, refutes this notion by saying that: "in Vietnam the goal was clear but unattainable by any means not grossly disproportionate to the American stake." He goes on to say that false inferences from that failure will not help President Obama with the hard question of deciding what feasible goals and means in Afghnistan and Pakistan and other places will minimize chances of amajor terrorist attack on the United States, whaterver its origating location. And doing this in a cost-effective way. The wording is designed to first focus on what is the minimum that America wants- safety from another attack. Second, to focus on doing this in a cost-effective way. At some point resources added become disproportionate to the American stake in Afghanistan. An infantryman in the Vietnam war describes a people in villages that he was supposed to protect who would not even alert American soldiers of bombs when they knew exactly where they were placed. People in villages who were basically indifferent to the central government in South Vietnam. Are the Afghan people any different? See the links to this....

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A copy of the letter Mr. Trump sent to Mr. Erdogan of Turkey telling him " don't be a tough guy... don't be a fool," to invade the Kurdish zone in Syria. He says history will judge him, that he should "not let the world down." 

Turkey sent forces into the Kurdish zone even after the letter from Mr. Trump. Mr. Trump said that it was a bad idea getting involved in the Middle East that trillions of dollars had been wasted. He made exceptions for keeping the Straits of Hormuz open and flow of oil from a commercial standpoint in providing assistance to Saudi Arabia and Aramco, something the U.S. has done since FDR administration.

It also says Mr. Trump has worked hard to help Turkey. And admonishes Erdogan saying "I don't want to be responsible for destroying the Turkish economy- and I will."

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Philipp Rosler, head of the FDP party and Germany's Economy minister, says he opposes further involvement by German taxpayers or the ECB in the debt restructuring for Greece. He pointed out that the current negotiations between Greece and the bondholders (mostly French and German banks) were about private sector involvement. Tax payers of Germany and other European countries are already making a contribution he said. The IMF is pushing for the ECB to take a haircut or writedown on the $40 billion of Greek bonds it holds to supplement the haircut taken by bondholders of over 50%. Rosler said in an interview with the Journal that Athens should keep its side of the bargain by implementing reforms and not letting them just be on paper. On Germany or the EU directly taking responsibility over the Greek budget, Rosler said this should be the responsibility of the Greek parliament. At the same time he pointed out that its important to have a specific and rigorous montiroing process just to be fair to taxpayers in the EU....

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His full statement, which he posted on X, is below: "My Fellow Americans, over the past three-and-a-half years, we have made great progress as a nation. "Today, America has the strongest economy in the world. We've made historic investments in rebuilding our nation, in lowering prescription drug costs for seniors, and in expanding affordable health care to a record number of Americans. "We've provided critically needed care to a million veterans exposed to toxic substances. Passed the first gun safety law in 30 years. Appointed the first African American woman to the Supreme Court. And passed the most significant climate legislation in the history of the world. America has never been better positioned to lead than we are today. "I know none of this could have been done without you, the American people. Together, we overcame a once in a century pandemic and the worst economic crisis since the Great Depression. We've protected and preserved our democracy. And we've revitalised and strengthened our alliances around the world. "It has been the greatest honour of my life to serve as your President. And while it has been my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term. "I will speak to the nation later this week in more detail about my decision. ...

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This report in the WSJ shows American households are acting prudently by building up savings of $1.6 trillion, according to the Federal Reserve Bank of New York. As much of these savings are not distributed evenly across the population, and coming back from a period after the 2009 financial crisis when savings in the lower classes had dropped to alarming levels, this saving is good for the future of the American people by building a path to sustained growth for the long term. Readers responses to this report show their dismay at calling savings hoarding, dismay at the idea that saving 3-6 months of expenses would be considered prudent when 1-2 years would be a minimum  and 2-3 years desirable would be considered decent protection in times like the last 2 decades of manmade disasters (shipping out American manufacturing, 2009 financial crisis) or nature driven disasters (the pandemic). For the Biden administration the saving also provides hope that the mistakes of the last two decades and the 2009 period can be avoided. By targeting the $1 trillion in infrastructure spending plan to projects that build synergy throughout the economy and generate more growth for every dollar spent in a long term Renewal America project. Recent WSJ reports show this is happening. The $2 trillion Families and Workers Plan works in a similar way to bring hope in improving the quality of life in America through children's education, childcare, paid leave, health care, affordable housing, climate change investments. The public in America is showing equal prudence by aligning the savings to this approach to set America on a path of long term renewal and development that could be sustained to 2030 or 2035. This will also enable the investments needed to build America's role in the world and help its partners in Europe, Asia, Latin America and Africa take the same approach for sustained and balanced growth into the next decade.  ...

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China and India as rooted today in the original scientific mind of the Buddha and the Rishis are capable modern science based societies that can not only coexist with Christian Europe and Americas but also inspire other societies. About 33% or one third of the 1.2 billion Chinese people believe in Buddhism or a Bodhisattva, and 18% believe in Taoist deities. 47% believe in feng-shui arranging objects in space for environment and harmony. This is shown in a Pew Research survey. Buddhism is a religion that is not practiced officially with hierarchy and churches as in Catholicism. As a result faith and prayer happens in visits to small shrines in the home or in the neighborhood. Only 4% of people will say that they identify with a religion as religious beliefs are seen as close to superstition and backwardness that held China back from adopting science and modern technology from 1400 to 1900. This makes surveys difficult to trust in a Communist society.   A close observation from a Buddhist perspective in Asia would show that the vast majority of Chinese have a faith in Buddha or Taoism. Buddha's writings show a modern mind asking scientific questions about the mind and about life which can be consistent with science and technology and being modern. As in the original Upanishads and Vedic writings of Rishis what is called Hinduism in western language also ask questions with a scientific mind which were obscured by myth and superstition over 1000-1900. Both the original Vedic and Buddhist writings are not only not going to hold India and China back, when correctly presented they are capable of becoming a new force for advancing science and technology in society while retaining the roots of civilization in Four Forms of Mindfulness of the Buddha that give societies hope for the future. This offers hope for the future of China and India as a modern, scientific civilization with roots in the writings of the Buddha. ...

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Supreme Court nominee Kavanuagh has shown a pro-business tilt on many issues. On net neutrality he favored telecom and IT companies. On a ruling on the Consumer Protection Bureau he empowered the president to fire the director on the legal reasoning that there should be several commissioners running the agency. The Net Neutrality ruling from the Obama years was overturned by president Trump, the Consumer Protection Bureau continues to have a Director. On other issues such as Clean Air Act he overturned a ruling. He also defended the rights of pharmaceutical companies vs. the FDA.

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Olaf Scholz of Germany has to balance the need for continuing trade with China with the effort to diversify its supply chain and increase manufacturing in Germany as he visits China. Germany is entering a new phase in its trade relations in Asia, one very different from the Merkel era.

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The Brazilian goalkeeper for Jurgen Klopp's  Liverpool team does something few goalkeepers have ever done and a first in Liverpool's 129 year history. He scored a header goal in the 95th minute against West Brom, keeping Liverpool's Champion's League hopes alive.

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Christopher Wray was appointed as FBI Director by president Trump. He sought to give the FBI a role above the politics of the time. After Mar Lago search of the Trump house the FBI finds itself in the middle of the partisan politics that is seen in the US.

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People say it is very strange. Argentine soccer player Messi sends his transfer request to Barcelona last night with a scribbled note sent over a fax machine. The faxed message says he wishes to exercize a clause in his contract allowing him to leave for free with immediate effect. 

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US District Judge Lewis Kaplan cites messages saying the goal of donations from Sam Bankman Fried to political parties were for the purpose of weeding out people who had advised vigilance and prudence in crypto currency, as he sentences FTX's Ryan Salame to seven and half years.

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Being blind was not a disability in this situation described by the BBC's Chief North America Correspondent Gary O'Donoghue, who has overcome difficult odds to cover North America. Here he describes what happened on the day of the shooting at a Trump rally in Pennsylvania.

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Athens has changed a lot since the economic crisis and it has a lot to offer in history, culture and in Mediterranean sights and food, says Tony Perrottet in WSJ. He looks at facets of the city including new subway connections and Greeks returning to setup cafes and other shops.

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Jim Vandehei, Politico founder, is from two small towns, Oshkosh, Wisconsin, and Lincoln, Maine, and understands what it is like for ordinary Americans struggling to make it. Sanders and Trump are riding an anti-establishment wave, says Vandehei, but do not have programs that would lead to growth and jobs. Something better is needed, he says, to tackle today's problems- poverty, trade, wages, and jobs for working class families.