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Requests, consensus, and social pressure played a bigger role than just strict rules and penalties in controlling the virus in Japan. By contrast in Germany states imposed strict rules and fines, some consensus, a better equipped hospital system, added contact tracing, to limit the spread. More than 100 industries in Japan have drawn up new guidelines for reopening to minimize risks. Prime minister Abe said recently " Now we are going to venture into a new arena. Therefore we need to create a new lifestyle from now on. We need to change our way of thinking." The new social consensus on the best way to behave outdoors and at work is the way Japan is tackling reopening.  The effort is focused on avoiding high risk situations the 3 C's crowded, closed spaces, and close contact, close conversations. Japan started with a fumbled response but gradually the right spirit and social distancing caught on. The universal health care system helped Japan detect cases early, even in the remote rural areas. ...

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As Boris Johnson wins the British election with a 80 seat majority, the Economist warns that what made this possible, the shift of the North and Midlands Labour vote to the Tories is something that is not secure. The traditional working class Labour vote that shifted to the Conservatives is only on loan say experts. Johnson faces a bumpy road with challenges from Scotland and Northern Ireland, parts of the UK that favor being in the EU.

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The scale and sophistication of a recent cyberattack on U.S. government agencies surprised even experienced security experts. The strategy was zeroing in on a weak link in the software supply chain U.S. businesses and government institutions rely on, the use of a network management software called Orion.

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Michael Barr was appointed in July 2022 to the Federal Reserve Board of Governors by president Biden, and made the vice chair of financial supervision. As a legal scholar at the University of Michigan with a number of books published on the plight of black Americans after the financial crisis of 2008, he is familiar with the problems created by banks from a laissez fairre approach to regulation.  Barr helped write the rules for the legislation on supervision of banks after the financial crisis of 2008 that hurt worker and families, and minorities particularly in places like Detroit. He is now responsible for correcting the problems created by the Trump legislation that exempted banks under $250 billion from this regulation. Barr will bring this down to $100 billion, the original 2008 legislation has a threshold of $50 billion for banks to be subject to oversight by the central bank and stress testing. In 2018 Barr said about Trump's legislation to limit regulatory oversight in an op-ed in American Banker- "The rules (after 2008) were not meant to apply only to the largest handful of systemically important firms. It is the very antithesis of macro-prudential supervision to focus only on the largest handful of financial firms and to ignore risks elsewhere in the system." ...

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The federal government in the US is providing internet connections to rural part of America through its Internet for All program. The Biden administration has committed $60 billion to this program. At what point is satellite service that is less reliable but more cost efficient an alternative, asks this report in WSJ if service in Montana can cost $300,000 per location, or in a Indian reservation in Nebraska at $54,000 per household. These are remote locations and require drilling in mountainous areas and under the Missouri river. For the majority of locations the  average FCC Rural Digital Opportunity Fund location cost is $1753, the Treasury Capital Project Fund $3313, and the tribal projects are outliers for isolated spots. The government prefers fiber optic cables because this is good for generations to come for upgrading, and the benefits of this service will make rural areas of America attractive to live in for decades to come, say officials.

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A series of actions by Ford to cut prices, Toyota to have no price increases, and Hyundai to invest $21 billion to Make in USA and similar actions by GM, mean that except for about 300,000 imported German VW cars the car market in the US will have no price increases for average Americans. Foreign media and media in the US that is misleading say there will be price increases in the US for cars after US tariffs on imports from Japan of 24% and on EU of 20%, South Korea 25%.  NHK Japan reports that Toyota will not increase prices in the US despite DJT Liberation Day announcement of 24% tariff on Japanese imports including auto imports. Toyota will continue to make the 3.12 million cars it makes in Japan as well as the employment, of which 586,000 are exported. Toyota says it needs to cross the threshold of 3 million domestic car production to keep its technological capabilities.  Toyota will also look at ways to increase US production.  Hyundai is planning investments of $21 billion in the US from 2025 to 2028. Hyundai is likely to follow Toyota and make no price increases till it ramps up American production to Make in the USA. Ford is cutting prices of cars under its From America For America sales program. Ford has 568,000 cars in inventory. It has 60% capacity and can ramp up to make up for VW cars that are priced higher to give American buyers of German cars a cost effective option.  ...

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The risks facing China of slow growth and a bubble economy as the new leadership of Xi Jinping takes over in 2012. The export model for the economy is coming to the end of its run and the new leaders have to come up with a new plan for the future. At the same time they face the interests of state owned companies, banks and local governments interested in maintaining the status quo.

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The huge difference 2 percentage point difference in votes in Delhi makes is the 40 seats gained by Modi's BJP for a landslide win. A win for the hopes and aspirations of 1.7 billion people of Bharat+ (Bharat plus Indonesia) can be seen in the Nation's capital Delhi.

Modi's BJP party gains 7.5 percentage points going from 38.3 percentage points of the vote in Delhi state to 48.8, and the ruling AAP party losing 10 percentage points going from 53.8 percentage points to 43.8 percentage points. 

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Experts say the Democrats are not doing enough to articulate the contrast with the Republicans on the economic struggles of ordinary people, and how Biden's legislation and trillions of dollars in support for workers and families is changing things in America. 

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Perceived average savings needed for retirement in the US shown in surveys are 20% higher in 2022 over 2021. Americans believed about average $1.25 million would be needed for retirement. This varies by state and the cost of living by state, and whether they would be supporting older parents, grownup children.

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A Trump-Vance nomination with its huge tariffs inside a Republican shell with its preference for tax cuts is with a large degree of certainty likely to put America further behind China, slipping even further by a decade. And slipping in renewable energy and in meeting the aspirations of ordinary Americans. Most of the public does not realize that Trump-Vance 60% tariffs and Republican preference for tax cuts over infrastructure spending would create inflation and lack of growth in a Trump-Vance second term. Things would get worse because of the contradictions existing in the choice of tariff preferring Trump in a Republican party that sees tax cuts not infrastructure spending -even when desperately needed- as the answer to every economic problem. Without a clear policy of making the trillion dollar investments in the US economy, in manufacturing, in renewable energy, in chips and science, as it has under Biden the US under Trump-Vance policies would have two serious problems- first it would revive inflation. 60% tariffs on Chinese imports and 10% tariffs on other nations proposed by Trump-Vance would increase inflation. In the absence of the infrastructure investment that Biden has put in place it would create both a lack of growth for the jobs missing that come from infrastructure that is badly needed in a aging dilapidated infrastructure economy, and the inflation that the high tariffs would engineer. The benefits would not be great if China chooses to find other ways to conduct business and continues to keep its currency at levels that promote its exports. Even today Chinese products enter the US through other countries or when China builds factories in the US as Japan has done. The Republican aversion to tackling Chinese industrial challenges in the same way that China does by actively supporting American manufacturers would give China another decade of advantage as America slips even further behind in chips, science and manufacturing. This is the real problem in mixing Trump-Vance to the Republican philosophies on the economy which are not right for this point in time whatever their merits may have been in the 1980's when America was the industrial leader in the world.   ...

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There are 34 Senate races of which 23 are in states traditionally controlled by Democrats. Jacky Rosen is leading in Nevada, and Senator Ted Cruz will have trouble defending his record in the Senate. Senator Rick Scott a Republican from Florida will also have difficulty holding onto his seat. Republicans will gain the seat of Joe Manchin in West Virginia. Democrats could hold onto seats in Montana and Arizona. It all depends on messaging the facts about inflation, confronting immigration head on by saying the Republican Lankford legislation agreed with Biden will be signed into law by Harris, listing tough cost of living action limiting rent increases to 5%, and limiting price increases for groceries and other necessities. Infrastructure projects completed in red as well as blue states.

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Wuhan residents are able to leave the city in China for the first time on April 7, 2020, with masks on.