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Krugman says there is cause for concern from May's U.S. jobs report of only 38,000 jobs added- low even with Verizon strike jobs added back in- compared to the 200,000 a month average since Jan 2013. One cannot read too much into one months report, yet the political uncertainty in a election year adds to the problem. The low interest rates near zero offering little possibility for rate cuts, make it difficult to come up with a policy response. Under a Clinton administration the infrastructure spending option would face Republican resistance.  It is not clear how a Trump administration would respond. Krugman says the jobs figure reflects a stronger dollar- a result partly of the Fed's plan to raise rates- that is hurting U.S. exports.

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New Zealand prime minister Jacinda Arden came to know she was pregnant only a few weeks before she became prime minister. She was chosen as the new leader of the Labor party in this country of five million people only five weeks before becoming prime minister at the age of 37. 
 

Most people in New Zealand think it will not affect her performing her duties as prime minister. She will be the first western leader in modern times to have a baby while serving as prime minister.

Her duties are being performed during her leave of absence by her deputy, Winston Peters, who conducts cabinet meetings and is the acting prime minister. Arden is informed about key issues and cabinet meeting discussion during her absence.

 

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Experts say Chief Justice Roberts somehow found a path through in bridging the ideological divide and avoiding a show of partisanship in an election year. He somehow navigated and found a path through in his vote on the U.S. healthcare law letting it stand. Early on Roberts advocated "judicial modesty and humility" in jurisprudence. He compared the judge's role to that of an umpire in baseball during the 2005 confirmation hearings. The umpire would not pitch or bat, his job would be to call balls and strikes. It was seen as a determmined show of independence at a time when Justice Kennedy was seen as the swing vote. He has also earned political capital to be able to vote independently on other issues before the court instead of becoming embroiled in controversy about the role of the Court in overturning the work of Congress during the early part of the Obama administration.

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This NYT report says there is scandal fatigue among Republicans and a sense about Mr. Trump that his time has passed. Much of the political gains made by Mr. Trump in 2017 were a result of the failures of president Bush within the Republican party wasting national resources on 2 remote wars while infrastructure was neglected, and the neglect of manufacturing communities in the US with jobs outsourced to China that presidents Bush and Obama failed to stop. With president Biden ending these wars period. And with Mr. Biden getting the legislation passed to put workers and families, American manufacturing, American infrastructure to the top of the agenda, the focus has shifted to China and Russia two countries that gained during the largely failed Clinton, Bush and Obama presidencies. The Ukraine war and China's belligerence over Taiwan remain an ever present risk. President Biden has articulated American resolve in this situation in a way that matches another president Harry Truman when he addressed the Soviet expansion in Berlin, then Greece, then across Eastern Europe, not seeking conflict yet not shirking responsibility for the free world. It is this new context in which the sordid affairs of a political outsider are presented to the ordinary American struggling to make a living during a cost of living crisis in 2023. ...

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Much of the impact in terms of unemployment is the shift to part time workers. The number of people who have los hours or cannot find full time work jumped by 1 million in the last 12 months to 5.3 million. A typical worker mentioned here is a baggage handler who worked the night shift but was asked to take a much shorter 4 hour day shift as airlines cut flights and shrink their fleets.

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Peggy Noonan calls the Bernie movement and Hillary Clinton adopting his efforts to improve incomes and condition of working class people, a major development. The most electrifying line in her view is the one made by the father of a U.S. Army Captain who died in Iraq, Khizr Khan, himself an immigrant, who said about Trump at the convention- "You have sacrificed nothing." She cites Bloomberg, a successful businessman in media and former Mayor of New York, who said about Trump: "I'm a New Yorker, and I know a con when I see one."  Bloomberg traced the history of the Trump business through repeated bankruptcies, lawsuits and missteps, and added "Trump says he wants to run the nation like he's run his business. God help us." And Noonan cites Hillary's speech as getting better as it progressed, not her best, but doing the work, especially with the line- "Don't believe anyone who says "I alone can fix it."  Biden and Kaine hit on this point repeatedly, and that "he doesn't have a clue," with the crowd chanting "Not a Clue."  ...

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Drop in immigration reduces labor supply keeping the unemployment rate steady even as hiring cools off. Compared to the roughly 1 million in 2019 net migration was about 3 million in 2022 and 2 million in 2024. In 2025 this is now about a negative 250,000 or quarter of million negative migration. Out migration is expected at about 1 million. This means that about 35,000 non farm jobs created between May and July 2025 haven't increased the unemployment rate as fewer new workers join the workforce from illegal migrants. This has to have an effect for wages for the workers in construction and farm work as employers compete for a smaller number of existing workers though economists and the financial media rarely talk about this. This was needed following decades in which the labor supply increases from illegal migrants meant no pressures on employers to pay more than the minimum wage kept artificially low. This means that even well meaning Democrats who clamored for increasing minimum wage were doing exactly the opposite of what was needed for the existing worker base wages in construction, farm work, and household help, because of their sentiments or because of the immigrant wing in their party. Note that about a third of maids, a third of construction workers, and 25% of landscaping workers are not legal migrants. Agriculture Department estimates are for about 40% of farm workers to be without legal work authorization. ...

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The EU Council meeting shows 85 billion euros of support to Ukraine. It shows EU's continued support for Ukraine and to begin talks for Ukraine's entry into the European Union. This is a remarkable step as the war in Ukraine enters winter 2023-2024. It also shows that the Ukraine conflict has entered a final stage after stalemate in the war in which Russia would control parts of Ukraine in the east and Crimea, and Ukraine enters the European Union. This would meet Ukrainian people's need for sovereignty and lead to the next step of rebuilding and reconstruction of Ukraine. The result of the war are the expansion of NATO to include Sweden and Finland, and the new idea of NATO as protecting the Eastern European countries from invasion.

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Nova Poshta Ukraine's unstoppable Postal Service that delivers next day across Ukraine from Kviv to Kharkiv and Kherson in war zones. The Guardian gives this amazing story in Ukraine In Depth- Charlotte Higgins in Kviv and Mariana Matveichuk in Kharikiv show the resilient spirit at Nova Poshta postal service that quickly delivers millions of parcels across Ukraine and to millions of refugees from Ukraine in Britain, Spain, Poland, Germany and other countries.  Pictures show the automated lines that sort out parcels and get them ready for delivery in Kviv and in Kharkiv. Even in war zones the work goes on night and day even in nights when there is no electricity and water using generators designed for Nova Poshta with its own energy supplies. Ukrainians of all ages in all parts of the country depend on Nova Poshta for delivery and it is what keeps the country going through war and drone attacks from the skies, and on the frontline cities such as Kharkiv. This report gives stories of many people in Kharkiv and Kviv who depend on the postal service, of workers, and of troops at the front lines. ...

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Putting a distance from the negative thoughts of the mind is essential to getting a good healthy mindset. This means not believing what it says. It also means woking hard to be able to change one's life in many positive ways and believing that you frame your own destiny. It is said that a wandering mind is often more of an enemy than a friend, in ancient wisdom. Developing a new calmness, being able to meditate, requires putting a distance from negative thoughts and not believing the thoughts of a wandering mind. This is called cognitive defusion. It is also part of what is needed for yoga and meditation. 

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The Times of London reports on the decision by the Supreme Court of Britain that Boris Johnson abused his powers and acted unlawfully in suspending parliament. Separately BBC analysis shows that even though Johnson is relying on polls and planning to run people vs. parliament this means that its the courts as part of what he calls the establishment he is running against.  Nigel Farage called for Johnson's adviser Cummings to resign showing that the Leave campaign is not what it was when Britain voted to leave the EU in the first referendum on June 23, 2016, now over 3 years and 3 months since then.

 

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The average age of readers is 59 years and 75% are male for the Wall Street Journal. WSJ has about 3.4 million digital subscriptions. Emma Tucker, editor in chief of the Wall Street Journal says, she doesn't want the Wall Street Journal to become the German car industry of news publishing. She is pushing for changes to bring younger and more diverse readers to the WSJ. Emma Tucker was deputy editor of The Times of London and Editor of The Sunday Times in 2020. Her new role requires managing 1200 journalists compared to 120 in earlier work. Audience data is part of her way of responding to new changes.

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Asked about his meeting with President Joe Biden Starmer says he was in good form and mentally agile, and covering topics in pace. The meeting lasted for an hour. Here is what Starmer said about Biden- “No, we had a really good bilateral yesterday. We were billed for 45 minutes, we went on for the best part of an hour,” he said. “We went through a huge number of issues at pace, he was actually on really good form.”

Starmer said: Biden was “absolutely across all the detail” in discussions on issues including Ukraine, Gaza and European relations, as well as defence issues around the Nato summit.

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One third more dads at home is a silver lining from the pandemic says The Guardian. Dads are spending more quality time with their children. In this way the lockdowns were a catalyst for a much needed change.  There has also been a change in the perception of what a good father looks like- parenting is part of the new dad's active role. Dads having tried this during the extra time they now spend doing remote work from home, say this has shown them what things look from the women's side. And it has been a positive change.

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The US Justice Department imposes a $225 million fine on Teva Pharmaceutical and requires it to sell its Pravastatin drug line as part of a deferred prosecution settlement on price fixing charges. The  public was overcharged by $350 million according to a 2020 indictment. Collective fines on price fixing charges in the generic rugs industry amount to $680 million reports WSJ. Teva will also have to donate $50 million to needy patients. This is another way the Biden Justice Department is bringing down the cost of living by keeping a close eye on drug costs pushed up by illegal price fixing. 

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Israel's Centre Left parties are left with fragmentation, as there is no popular leader for elections scheduled Jan. 22, 2013. Ehud Olmert is fighting corruption charges, Shimon Peres is 86, and Ehud Barak has a low political popularity rating.About 60% of Israelis support his performance as defense minister but only 3% say they would vote for him, with his Independence faction of the Labor party expected to win only 1-2 seats, according to polls in Israel. Barak, 70, was a member of the Israel Defense Forces for 35 years, and for many years a leader in the Labor party. In 2009 he formed a partnership with premier Netanyahu and joined the cabinet as defense minister, having similiar views on the Iranian nuclear threat. Barak has held positions as head of the defense forces, defense minister and prime minister. Experienced observers see the move to withdraw from the elections as a tactical one, considering the low poll ratings, so that he could join a future government.

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The pandemic is bringing new hope to smaller towns and rural areas in Europe. For decades the migration from smaller towns to cities led to depopulation and decline. With the pandemic the situation is changing and offers new hope. In rural parts of Galicia, Spain, small towns are seeing some revival with enough children now in schools to keep them running. People from cities are moving to smaller towns and rural areas during the pandemic. The housing transactions in smaller towns and rural areas are up by 15% in Spain in 2020. 

In the small town municipalities in Galicia, Spain, town officials are trying to build a new sense of attachment for younger families, in a long term strategy. This WSJ report looks at this trend in Spain and in Europe.

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The Chair of the Congressional Hispanic Caucus and Deputy Chair, Nanette Baragan, Adriano Espaillat ,say "we stand with president Joe Biden and vice president Kamala Harris." There are 43 members in that group. Biden also had a good conversation Monday night with 60 members of the CBC Congressional Black Caucus. The CBC offered full support to Biden and Harris and the CBC called for efforts to invest in housing and invest in the Black Community. Every member of CBC praised Biden. Senator Patty Murray, president pro tempore of the Senate, asked Biden to be more forceful and energetic- "There is such a case to be prosecuted against Trump, president Biden has to lead the charge making that case." She also praised Biden for leading a "historic" first term.

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Douglas Wilson was born in Annapolis, Maryland, before his father, a Baptist pastor, moved the family to Idaho in the American West.  Wilson started a Christian revival movement from Christ Church, Idaho, which is based on his views of Calvinism and the original teachings of Christianity dating back to the Mayflower Compact of 1602 set in Geneva, which outlined the vision of the early colonists to America of the relations between the church and the government, setting forth their vision. This is America going back to the earliest days in 1600, of Britain and Northern Europe, and the settlement of a vast continent 185 years before the drafting at a convention for the new Republic, of the United States of America the 13 original colonies in 1787. The original roots of the Nation in the Geneva Compact of 1602 can still be seen in Geneva, Switzerland, near the Calvinist cathedral in the center of the French Swiss town of Geneva, that acted as a crossroads for the prominent ideas on Christian thought at the time. From it's earliest days for the colonists since 1602, the Tynsdale Bible of the 16th century that brought it into the English language from Latin and Greek, and its offshoot the Authorized King James Version of the Bible of 1611 formed the basis of civilized life in the American colonies, and helped the colonists seek a new world in the wilderness that was the North American continent in the years 1600 to 1780. In the early years of the 13 colonies on the Atlantic seaboard, and further west into Ohio and Michigan- vast untamed forests, mountains, lakes and rivers. From 1780 to the 1880 this wilderness extended into the Rocky Mountains of Colorado and Wyoming upto the Pacific. Ideas of Common Prayer in schools and in everyday life informed the society of the time and was integrated in all parts of life. Only after 1780 were the ideas of separation of church and state developed by Madison and Jefferson for the constitutional framework of orderly government and respect for rights of citizens to practice their faith. At no point was it intended to take the Common Prayer out of schools, which is essentially a new idea from the 19th century. There is mention of Asian religions Buddhism and the religion of the Upanishads in India in the argument against prayer in schools,  yet it is a fact that this is only a theory as immigration from China, Japan, and India was actively discouraged, and also banned in many ways, till the Irish Kennedy administration in 1960. And it is also a fact that Mohandas Gandhi the leader of India drew great inspiration from the King James 1611 version of the Bible, and it helped him deepen his religious beliefs in the Upanishads to create the modern Indian state for 1.4 billion people in Asia. Most of the hymns of the Christian faith were known to Gandhi and formed part of his beliefs, when the Common Prayer itself started disappearing from American schools in a post war reaction to colonialism, imperialism and racial discrimination, such that it depleted the very reserves of civilization, of wisdom and thought, of science and technology, that helped create America out of the wilderness. ...

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Both Iran and the US back the current government in Iraq run by the party of the Supreme Council.

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Chinese president Xi Jinping is learning from the country's Covid experience in the way Biden and Democrats learned from their initial push for tighter restrictions in 2020-2021. Most covid restrictions, quarantines, testing is being lifted in China and efforts are being made to stabilize the economy hurt by frequent lockdowns, and a new path is being taken that responds to the Covid lockdown fatigue of the people.  This will lower Chinese growth below the central bank forecast of 3.3% for 2023, yet it also offers a learning curve for the Chinese leadership and new government that was put in place after the CCP party congress in 2022. This may be experimental in the short run but offer benefits for China and the world in the long term. For the first time it means China's trade tensions with the US are turning the corner in a way no number of tariffs and rhetoric could do between the two countries. The evidence- China's exports to the US have declined by 25% already in the last few months. Exports to the EU have declined as well by 11%. China's trade surplus in November 2022 showed a drop to $70 billion from $85 billion in October. ...

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Swarnalatha Reddi is a part of a young generation of Indian women engineers joining industry. Click on Original Article to see this video of how Chennai is becoming the world wide hub for electric vehicle technology and manufacturing. Shown here are Swarnalatha as a new e-mobility engineer from a neighboring state who moved to Chennai's Mahindra R&D division. Senior managers at Mahindra and BMW say that the local government is paying particular attention to needs of manufacturing in Chennai.