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The new Bank of Japan governor Haruhiko Kuroda, faces the task of developing a consensus in the board for further monetary easing. In this task he will have an ally in deputy governor Iwata. A look at the stands taken by other seven members, including deputy governor Nakaso, shows only three other members having an open attitude to further quantitative easing. The members who are open to further easing are Miyao, Ishida and Shirai. Other members have to be persuaded by Kuroda.

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It should be remembered that crypto is banned in China and nearly banned in India and in many countries it is viewed by central bankers and governments as a risky and dangerous action that benefits some private actors. Protecting modern economies is the task of central bank, and regulatory agency civil servants. This job requires vigilance and necessary action.

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Media networks express views of their billionaire owners at social media networks such as Elon Musk's X (Twitter) and Fox News in the way the issues facing the country are framed and by the moderators such as Bret Baier and Carlson leaving many major issues such as infrastructure, education, incomes and jobs unaddressed. Musk's X social media network formerly Twitter shows a taped interview of Mr. Trump by Tucker Carlson just when Republican candidates including Mike Pence and Chris Christie, Nikki Haley, were in a televised debate on Fox News network on August 23. Mr. Trump said of Fox News network that the network was not particularly friendly to me, and said he avoided the debate to not be harassed by the other candidates. The 12 million viewers on Fox News compares with impressions on the social media network which had 690,000 likes and 180,000 reposts, fragmenting what the Republican party base would see and offering no real delving into the real economic issues facing the country. ...

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It is not enough to think highly about work life balance of people around us, one has to free oneself from the constraints that make it hard to achieve that balance. As shown by studies in Finland about entrepreneurs, 40% of people in one study crossed the line from workaholic to work addict. Worse making the addict a role model is damaging to the younger generation. Tesla CEO Musk is not a role model for a young generation that values work life balance. It is also essential for healthy living.

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Beverly Cleary grew up in Portland, Oregon in the 1930's and 40's . At the time she met children at libraries who kept asking her what about books about "kids like us." Most of the books in the Pacific Northwest were simply books about British children at that time. Clearly took up the task of writing books about real life children in America.

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The serious differences between founders Elon Musk and Sam Altman over the non profit mission of OpenAI have spilled out into the open. Musk feels Altman is turning his back on the early mission set for OpenAI by planning to profit from OpenAI and drifting away from what it set out to do aware of risks during the early years of AI.

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776 million euros -cost of COP30 Summit in Amazon region's Belem, capital of Para State in Brazil. 159 countries are represented in this unique effort to bring climate change issues to the Amazon river. The Portuguese colonized this region in 1616 because of its location connecting the Amazon river to the Atlantic Ocean. It is known for sale of spices, fruit, fish, rubber, oil, cacao and other local products shipped to Europe and other parts of Brazil.Ver-o-peso one of the biggest open air markets has been renovated, roads repaired and new roads built, new parks, water treatment plants set up.Yet most of the population of 1.4 million lives in shanty areas or slums in Belem which are affected when rain leads to floods overwhelming the tin roof houses. Much of the nearly billion euro investment is going to bring Belem to international standards. Housing 50,000 participants was ahuge task and the Brazilian government of president Lula brought in 2 large cruis ships to accomodate many of the participants. This report in FR24 says prices for accomodation reached $4000 a night which shows that in today's world climate change action which is a problem facing all people, has been embraced by groups that can afford such costly daily rentals creating skepticism from ordinary people affected by the cost of living concerns. ...

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US president Biden signs a broad executive order on July 9, that is directed at promoting competitive behaviour in the American economy, and taking action against companies that have anti competitive behaviours. It also aims to limit corporate dominance that then can lead to anti competitive behaviours. These types of behaviours puts consumers, workers and small compoanies at a disadvantage. The Biden plan stretches from the smaller items such as hearing aids and baggage fees, to the task of putting in place the first antitrust regulation on tech companies Apple, Google, Amazon and others. Industries Biden sees as needing help are agriculture, healthcare, shipping, transportation, technology, and labor practices that limit wages and mobility. In making the executive order the White House says it "will lower prices for families, increase wages for workers and promote innovation and even faster economic growth." As each step is taken by the Biden administration to help workers, families, women and children, the situation is a reminder of the actions taken by Franklin Delano Roosevelt at another period of crisis in the nation's history. The July 9 executive order will create a Competition Council as proposed by Tim Wu, special assistant to the president for technology and competition policy in the White House National Economic Council. The Compeititon Council task will be to get federal agencies to take action to promote competitive behaviours for the first time since the 1980's when Republican presidents Reagan, Bush, and Democratic presidents Clinton, Obama, allowed such behaviours in some industries to get entrenched. In Biden's own words "the rise of monopolies weaken labor." In each industry agencies will now have the task of pushing back against anti-competitive behaviours already put in place by companies. In agriculture it will help small farmers, in pharmaceutical sector it will help the American people deal with a problem that has no end in sight of high drug prices and practices that support this. In all areas of the economy the Biden plan is for a new coordinated effort across all the agencies of the government and under the leadership of the president, to restore the vibrant economy to what it was before the long deterioration through anti-competitive behaviours. ...

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The wisdom of trying hard but not too hard. Productivity declines when trying too hard. It helps for the mind to get rest and come back to the task refreshed, which means push yourself but only so much and continue to work at it steadily. There is no such thing as achieving 100%, it could mean the goals set were not ambitious enough or that the goals were too hard acting as a demotivating influence. Also minutae or stuff that is not that important can creep into that extra 15% to get to 100%. 

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Civility and civic responsibilities to get work done for constituents that motivates California Republican Doug LaMalfa  is shown here in his three minute conversation with Biden after the State of the Union address late Thursday night. La Malfa is head of the House Agriculture forestry subcommittee. His task to get the US Frrest Service to speed up permits for harvesting timber. "We gotta cut some trees," he told Biden says this report in the Washington Post. Soon Interior Department officials were reaching out to La Malfa's aides. And another American tradition was set to work.

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  Tennis player Roger Federer's speech at Dartmouth College is useful advice - "its only one point" when you lose it, how to move on to the next one free of thought no negative energy, “When you lose every second point, on average, you learn not to dwell on every shot. You teach yourself to think, ‘OK, I double-faulted. It’s only a point.’ When you’re playing a point, it has to be the most important thing in the world, and it is. But when it’s behind you, it’s behind you. This mindset is really crucial, because it frees you to fully commit to the next point and the next point after that, with intensity, clarity and focus.” And how often does this happen? Every second point almost. Because he says he won at Wimbledon and US Open with only 54% of the points. He lost about half of the points and still made it, and this message is real life, it matters to most of us. When we focus, when we concentrate on the task at hand it is one minute at a time.  Mikaela Shiffrin is the ultimate example of concentration skill going downhill fast between poles requires utmost concentration and she did this for the US in the Olympics after many disappointments in previous Olympics, none of it mattered to her, as she practices and focused. And that takes one to Federer's next point it wasn't effortless. It was repeated practice, it was girt with practice that made a difference. Only today this was evident as Sanju Samson talked about talking with Sachin Tendulkar last night before today's World Cup cricket game Final with New Zealand in which he hit 89 runs and the third time he has done it in the last 2 weeks, in Ahmedabad's Modi Stadium, to become the Player of the Match, watched by nearly 1 billion fans around the world. And Federer's last message is to do this by having some fun, enjoying the experience, learning something new, exploring, and getting to one's potential. ...

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Alan Simpson of the Bowles-Simpson Commission describes the task the super-committee faces in coming up with $1.2 trillion in savings for deficit reduction under the recently passed legislation.

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US health officials remain on high alert for one unfinished task of the fight against coronavirus- the unvaccinated people who could be a breeding ground for new variants of coronavirus. There is the danger that a new mutation of the virus in unvaccinated people could be more resistant to vaccines. This means everyone needs to get vaccinated, and one dose should be followed quickly with the second dose. One dose only has limited protection with strong level of antibodies resulting only after the second dose. In the US southern states such as Arkansas and Oklahoma lag behind in vaccination, and are seeing a large increase in cases.

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The European Union has deals for 300 million doses of vaccine from BioNTech and Pfizer to be delivered soon. Germany is setting up hundreds of vaccination centers for first 3 months of 2021. Transport logistics are a concern. The Pfizer vaccine has to be kept at minus 70 degrees Celsius or minus 94 degrees Fahrenheit. Paul Ehrlich Institute is responsible for release of vaccine batches in Germany for rollout.  Good planning is essential for the huge task ahead.

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Kate Bingham, head of the Vaccine Task Force in Britain is commended for her intelligent approach in placing bets on vaccines in different technologies, "four buckets" as she calls them. This includes the Moderna and Pfizer in the mRNA technology and the viral vector Astra Zeneca, J&J vaccines. This approach made the British vaccination drive effective by being supported by a resilient supply system.

The Indian government has supported the effort to get several companies to make the Sputnik Russian vaccine in India in an effort to diversify supplies. Reddy Labs is one of the major manufacturers working on the Sputnik vaccine in 2021.