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WSJ Original article ›
LyrArc Article Gist
WSJ looks at the 75 years of the US Saudi Arabia relationship that started when US president Franklin Delano Roosevelt met Saudi king Ibn Saud at Bitter Creek, Egypt, on a US Navy destroyer ship in 1945. It has gone through many phases over this period and mainly involved the Saudi kingdom maintaining its supply of oil to the US and Western Europe. This relationship went through an oil embargo during tense periods of Israeli Palestine conflict as in 1983 with an oil embargo that pushed up oil prices. What is different this time is the situation in Yemen where Iranian supported Houthi rebels near the border with Saudi Arabia are engaged in a conflict with the Saudis. Democratic administrations under first Obama and Biden today support reaching a deal with Iran on nuclear weapons development and limit US military support for the war in Yemen. The Saudis for their part are not keen on a regional war and turned down efforts by president Trump to respond to attacks from Yemen. Mr. Biden's envoy has arranged for a deal to reduce tensions between the Houthis in Yemen and Saudis. The diplomatic impasse in relations stems from the Kashoggi incident and president Biden's concern for the human rights situation in Saudi Arabia. Other factors making relations difficult are the economic interests of the two countries diverging. The relationship Roosevelt started in 1945 has changed in its fundamental character. Oil supplies for imports into the US is no longer a factor for the US which was the original interest of president Roosevelt in Saudi Arabia. This changed by 2015 as the US fracking industry enabled US to become self sufficient in oil and able to supply LNG to western Europe. Instead of the US Saudi oil now goes to China. Russian oil also goes to China as its industry expanded with American investment. This has led to a new Saudi relationship with China which has changed the dynamic of the American Saudi relationship. Some of the new aspects of this can also be seen in Saudi relationship with South Asia. Saudi ties have increased with India and India in 2021 was the first country to provide vaccine supplies to Saudi Arabia. Saudis, Qatar, United Arab Emirates are building relationships with India as a close neighbor in the region. Relationships are in some ways improving in the Asian region compared to the period when oil was simply exchanged as a commodity for defense supplies from the US without regard to cultural, educational and other changes in Saudi society. In a sense US and Western Europe paid little attention to the huge democracy of over 1 billion people right in the middle of Asia and followed policies that led to major investments in China and little or no investment in India, and without realizing it followed a policy that the British had pursued in the British Empire of treating different communities and religions as separate as opposed to one community of people in South Asia that were engaged in modernizing, building infrastructure and changing centuries old ways of living. The British Empire was sustained by this kind of thinking, and as long as Indians were complacent and lacked the will to make their aspirations for a better life and infrastructure for modernization this kind of thinking prevailed. The economic crises in Asia have reinforced the idea that there is one community entirely focused on development and modernization in South Asia. The people in South Asia care most about the cost of living and the infrastructure and services for the quality of life they live and their children can aspire for- same in European Union that chose the Greens and chancellor Scholz, and same in the US that chose president Biden to invest infrastructure and people, the same in China and the same in India and the rest of Asia. This is the situation that the US and Britain, and the European Union are now beginning to learn and adapt to that is a constructive aspect of these changes to rebuild the connections and supply chains that were sorely neglected before now. ...
WSJ Original article ›
LyrArc Article Gist
The main lines of the Message to Congress by the US president in 2025 related to flood of illegal immigration, and illegal fentanyl flows with deaths of Americans in the most vulnerable neighborhoods across 51 states over 12 years, 490,000 deaths, more than Vietnam. "The media and our friends in the Democrat Party kept saying we needed new legislation to secure the border—but it turned out that all we really needed was a new president.” As it turns out the legislation Biden with Republicans led by Senator Lankford negotiated in Feb 2024 did not have the strong action taken in the first 100 days to deter illegal immigration and remove illegal immigrants endangering safety in American neighborhoods. That legislation did not have provisions to bring illegal fentanyl flows into the US to an end with strong action including tariffs on CMC countries Canada, Mexico and China responsible for the fentanyl flows into the US. Transgender was another issue addressed in the speech with DJT clearly stating that their only two genders and against mutilation of bodies, with trust in God about the gender God placed us in as best for us. Other issues were about tariffs action going into effect on reciprocal tariffs on April 2 with all nations including India, Europe, China, Japan, South Korea. DJT cited India for high tariffs, South Korea with 4 times American tariffs, and European nations. The goal was to ensure a level playing field for the US to compete- "what they charge us, we charge them." As explained in an earlier article in the WSJ reciprocal tariffs in the world context mean commodities products would not have price increases for the US consumer, smartphones autos would increase but this would be temporary as these nations play fairly and create a level playing field, and these products manufacturing is shifted to the US. This would mean growth for US auto industry and smartphones coming from inside the US and from India offsetting concentration of production in China. Apple has told the president it will start making inside America investing hundreds of billions in the US from now on. ...
The Wall Street Journal Original article ›
LyrArc Article Gist
There is a 82% jump of oil at sea in 2025 as China and India stay away from sanctioned oil from Russia Iran. About 1.4 billion barrels or 15% of supply out at sea on tankers by December 2025. When Modi met Putin he offered to continue supply of oil. India says Jamieson Greer in a recent interview with Sarah Burns, is not buying Russian oil and negotiations are ongoing so that a deal with US on dropping tariffs is reached in the very near future. This oil at sea is keeping prices of Brent crude at about $66 in December 2025. DJT is referring to prices down for oil, to gas pump prices in US states having dropped to $1.99 a gallon to show progress in tackling the affordability crisis in the US at a rally in Pennsylvania.

WSJ Original article ›
LyrArc Article Gist
China is increasing use of domestic coal and reducing Australian coal imports in an effort to increase energy security and become self sufficient in coal. Spot price of thermal coal used to generate electricity is expected to drop by 39% in 2019. Coking coal used for steel production will decline by 38% as China uses more costly local coal and the steel industry in Europe, India and the U.S. lowers production with lower coal demand. The world consumed less coal in 2019 over 2018. Largely from less coal used in electricity generation which dropped by 2.5%.

Reuters Original article ›
LyrArc Article Gist
$469 million in immediate access to Bangladesh from the IMF and $221 billion for climate change action agenda in Bangladesh as part of $4.7 bailout by the IMF. This plus an addition $1.3 billion from development partners such as India gives Bangladesh time to sort out problems in exchange rate management, manage remitttances from overseas, and increase exports. Import compression and other action helped Bangladesh to generate a $2 billion surplus in the first half of the 2023-2024 fiscal year after large current account deficits in two previous years of the pandemic. 

Wall Street Journal Original article ›
The Guardian Original article ›
LyrArc Article Gist
Deep and Bumrah hold off the Aussies in the Third cricket Test at the Gabba in Brisbane, Australia. Australia on Day 5 can only score 150 runs aggressively and hope to bowl India out in a short time -but that is a stretch. So the Test being drawn it leaves India and Aussies at 1-1, heading to the MCG.

https://www.hindustantimes.com/ Original article ›
LyrArc Article Gist
The work of key Ministries in India is tracked by the Hindusthan Times in March 2018 showing the progress of the Modi government. At the Defense Ministry  a major effort is underway to promote the defense sector to reduce the defense imports of $100 billion over the last decade, and to make this a major jobs generating sector. The Foreign Ministry is pursuing the China-India dialogue, and efforts to tackle the trade deficit with China of $51 billion. The Ministry of Education is working on giving universities autonomy from the Universities Grant Commission so that first tier universities can plan their own development, hire faculty and plan for the future without UGC approval. Jawaharlal Nehru University and the University of Hyderabad, first tier institutions have autonomy from UGC under this effort. 

Le Monde.fr Original article ›
LyrArc Article Gist
The US has 1 trillion in trade deficits each year and it is completing the destruction of manufacturing in the US. Half of this is with China as China exports through Vietnam and Mexico, third countries, in addition to 295 billion dollars of trade imbalance the US has with China. China, Mexico, Canada and Vietnam are the largest offenders. No country can long endure with such a loss of its manufacturing base. The US Navy itself is in danger without the manufacturing to compete with China in shipbuilding. China has taken up over 50% of shipbuilding, and soon the US Navy will not be able to protect the free world if these types of economists and self serving German or other foreign interests drive a false narrative and the US acts on such false narratives.  Without the US Navy in the Pacific, Atlantic and Indian Oceans no one is safe, not Germany, not the EU, not India, not Latin America or the rest of Asia and the world.

Wall Street Journal Original article ›
LyrArc Article Gist
The boost to investor perceptions for India with Modi's election, and to Indonesia with Widodo's election are major changes in the second half of 2014. The first half saw the dented confidence in Argentina, Venezuela, Turkey and South Africa. To this can be added Russia with Putin's response in Ukraine and western sanctions. China with Jinping's response to pro-democracy protests in Hong Kong for restoration of the pledge of free elections by 2017, appears to be losing investor confidence, especially with investors seeing this as adopting the Putin Way. This is happening with a gradual movement towards restoration of trade relations with Iran.
PMO Archives India Original article ›
LyrArc Article Gist
Jan 22, 2003 in New Delhi, Atal Bihari Vajpayee, who revived Gandhiji's Indian vision for the 21st century, said on the Golden Jubilee of India's Parliament-  "If the 20th century saw the global growth of democracy, the new century should see its further expansion and enrichment. Especially, we should develop democracy as an effective instrument for fulfilling people's aspirations and resolving conflicts and contentious issues. History has proved time and again that free and democratic societies are the ones that are creative, self-corrective and self-regenerative. The holding of regular elections, the victories and defeats of individuals and parties, and the periodic change of governments have many benefits. These make elected representatives accountable; keep the rulers in check if they develop hunger for power; prevent rigidity in governance; and dislocate social and economic interests that would otherwise get vested."   "At the same time, we cannot overlook the many ways in which the Parliamentary system, including ours, needs to be strengthened. All democracies, especially in developing countries that have considerable diversities and carry the burden of developmental imbalances, have had to grapple with one paramount challenge. And that is: how to harmonise the legitimate self-assertion of communities that suffered deprivation and disempowerment in the past with the imperatives of good governance?"   "One obvious answer lies in the need to protect and further strengthen the institutions of democracy. Our ancient seers taught a guru mantra: Dharmo Rakshati Rakshitah. Dharma, protected, protects. In the same way, institutions, protected, protect. They can function well only if each of us adheres to the norms that are the essence of each institution. If we adhere to the norms of our institutions, the effectiveness of democracy would go up ten fold, even a hundred fold. If we don't, it is imperiled."   "There is a second imperative. Our economies are becoming increasingly integrated. The demands of our people are ever more pressing. Thereby governance has become more complex, demanding newer competencies from elected representatives. All parliamentary democracies, therefore, face a common challenge: how are we to ensure that the rough and tumble of electoral politics brings such persons to office who can actually handle the complex tasks of governance?" ...
BBC Sport Original article ›
LyrArc Article Gist
Glen McGrath the fast bowler from Australia with 563 wickets the previous record for fast bowler in cricket compares Anderson of England to Sachin Tendulkar in India. The only other bowlers in this league are Anil Kumble and Shane Warne. Stuart Broad who got his 500th wicket in Test cricket says Anderson, 38 years, has got better with age and has always inspired him.

NYTimes.com Original article ›
LyrArc Article Gist
Methane is a greenhouse gas that can warm the atmosphere 80 times as fast as carbon dioxide in the short term. Methane leaks out of oil and natural gas wells and is produced in burning of oil, natural gas and coal. It is also produced by livestock and landfills. US president Biden and 90 countries have pledged to control methane gas emissions at COP26 in Glasgow by signing a methane pledge. The methane pledge is for reducing methane emissions by 30% by 2030. US, EU, Nigeria, Indonesia have signed the pledge. China, Russia, India have still to sign the pledge.

WSJ Original article ›
LyrArc Article Gist
India and Vietnam are key countries for reinvention of the supply chain to cover home production in the US with supplies from friendly nations. After the G20 meetings in New Delhi president Biden will go to Hanoi, Vietnam. Vietnam also maintains trade relationship with China as it depends on China for its manufacturing exports. China and Vietnam are both socialist nations, yet after a border war in 1979 Vietnam is building a stronger relationship with the US. It also has a trade relationship with Japan and Vietnamese workers help meet worker shortages in Japan.

NYTimes.com Original article ›
LyrArc Article Gist
Burning of stubble from the rice harvest to clear land for the next year's cultivation in the Punjab creates 25% of the pollution over New Delhi. Automobile pollution adds more pollutants. This toxic mix of pollutants is trapped by the cooler air during the winter over much of northern India. At one point the pollution index reached 643 in New Delhi, by comparison it was hard to breather with an index of 116 from the wildfires in Canada's northern region that sent smoke all the way into Washington D.C. 

Washington Post Original article ›
LyrArc Article Gist
Ideas for a two state solution are revived in 2023. The previous efforts that went astray are shown in this report in The Washington Post. It would have to be creative and bring together sentiment across the whole populations in the region that become weary of conflict, and through the efforts of the US, EU, China, India and Russia, Arab states that see the potential for and need to focus their efforts on development for their people following the pandemic- without the kind of conflicts in the Middle East that have diverted vital resources needed for development.

dw.com Original article ›
LyrArc Article Gist
With an extraordinary sentiment for China's people Joe Stilwell showed America as different from the colonial powers of which Japan was a part with its occupation of Korea and China in 1930-1945. America should recognize and be proud of men like  Joe Stilwell who commanded all American Forces in China and the Asian sector in World War II. Such forced labor as shown in Tuchman's book "Stilwell and the American Experience in China," was never seen in its human aspect. Stilwell was the first American to understand the ordinary Chinese people struggles of that period. He participated in their struggles, once even hid himself in Chinese freight trains in the 1930's to collect intelligence about Japanese intentions in northern China.  The war conditions for the Imperial Japanese war effort railway built through dense jungle between Rangoon and Bangkok in 1942-43. Tamil Indian and Indonesian laborers who died working on the railway are remembered here. 250,000 romusha or forced laborers of whom 90,000 died were Asian Indian. A much smaller number were Britishers and European POW's 12,000 in number immortalized in Bridge over the River Kwai, a movie about this period. Till now most of the Indian laborers remained obscure like so many millions obscure in the history books about the colonial period for Indonesia and India, with a population now numbering 1.7 billion people in the world. China with 1.2 billion people suffered the same fate in bombings by Imperial Japanese forces that rampaged across China in the war years. Such forced labor as shown in Tuchman's book "Stilwell and the American Experience in China," was never seen in its human aspect. Stilwell was the first American to understand the ordinary Chinese people struggles of that period. He participated in their struggles, once even hid himself in Chinese freight trains in the 1930's to collect intelligence about Japanese intentions in northern China.  ...
The Guardian Original article ›
LyrArc Article Gist
Why China India Brazil see the old liberal order discussed at Davos Switzerland, based on the world in 1947 not reflecting growth of Asia in 2026, and not serving the working class or middle class. UK's Farage says it is about people at Swiss Ski resorts deciding what the world should look like. Today the Swiss cannot even take their trade arrangements with the US for granted after US tariffs on entrenched unfair dealings in trade with the US. There is a growing perception in the UK and US and many parts of Europe that this so called liberal order is not working for the people of these countries. China and India, Brazil, see that arrangements set in 1947 as part that order that is cherished by the folks at Davos, and not reflecting the growth of these countries in 2026. The attitudes at Davos may be the most at issue, with Swiss and French attitudes not reflecting the situation in France which is deeply divided between the rural parts of the country and the urban areas about the direction of the country and the need to make life better for the working class and the middle class. In many ways the people of the US and of Europe share this huge rural vs urban divide made worse by the deindustrialization and shipping of manufacturing overseas to Asia.  Looking back at US history provides better clues- many of the same improvements made by Lincoln as Republican, Theodore Roosevelt as Republican, Franklin Roosevelt as Democrat, JFK as Democrat have created the society Americans cherished for so long and was the beacon to the world, which is not about this so called liberal order but rational step by step corrections of course and improvement after improvement, and offer a pathway to the future better than the whole host of politics and politicians that failed America and Europe. ...
The Guardian Original article ›
LyrArc Article Gist
Labour's executive director of Policy from 2020 to 2022, says steps easy to understand and grasp, and which can be effectively implemented to deliver are needed for Labour party to win confidence of the British people. Claire Ainsley says Australia is doing this under Mr. Albanese. Mr. Scholz is doing this in Germany. "Keir Starmer's embrace of a mission driven approach to government provides opportunity to tackle the root causes of stagnating wages and volatile costs." "Whether this tentative revival can be turned into durable majorities will rest on whether we can deliver on the change that people are crying out for. If voters give the centre left a chance to be in government again, then the changes Labour instigates must make a difference in people's lives." She says centre left governments in the US, Germany, Australia offer a role model of how action can be taken to improve the lives of workers and families. Other centre left governments in Canada, Spain, are striving to do this also. To make simple to understand and quantify pledges to the people and deliver on them step by concrete step. A similar approach is taken in India and in states in India. Germany is an example. Ainsley says Germany made 4 simple pledges to back its bigger visions. Solid delivery on wages, pensions cost of living support, energy, and public services. ...
elysee.fr Original article ›
LyrArc Article Gist
Macron returns to the Sorbonne, France's oldest University, for his second address to Europe, following th first in 2017, 7 years back. Then as now Macron presents a vision for Europe, with a unique role for France. Defense of the ideas and ideals of Europe built through centuries, in contrast to USA and China, and India, other centers of world civilization. It is worth a try to read the whole speech if you are a European or a friend of Europe, to get a sense of the European ideas that come from France, Italy and the Netherlands and Britain, and Germany. It presents ideas not just about defense, including Ukraine. Most of the speech is about how can Europe and European ideas be made to grow and prosper with all the changes happening in the world in technology, content that is less and less European for the children of Europe- less than 3% Macron says. How it can invest to meet the oversubsidizing that the US and China are doing, the investments that the US with Inflation Reduction Act for $1 trillion in spending and investment including chips and science, and the similar investments in China- how can Europe make investments of $1 trillion, and ways to generate the funding. And investing $1 trillion on a Europe wide basis with a plan and a set of goals to maintain European leadership in a world dominated by the US and China, and soon India. Macron says in 12 months plans have to be developed and set into motion for this new European effort. ...
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
The Director General of the National Council of Applied Economic Research in India, Suman Bery, says that of all the countries in the G-20, India is least dependent on export led growth. This is why India gains from a reactivation of the American economy. This view was expressed by Prime Minister Manmohan Singh during President Obama's visit to India. Singh supported the Fed's move to purchase $600 billion in Treasury securities.

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