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How India could get the Trade Deal with the US by buying oil from US and Saudis/UAE and allowing imports of non grain and non dairy agricultural products
08/28/2025
US sanctioned India with 50% tariff for buying Russian oil saying it finances RUssia's war against Ukraine and daily deadly missile strikes. ein dollar terms are now insignificant at $2-the 3 billion. In fact India is already shifting to getting more of its imports from the Middle East. India could also import additional oil from the US and make changes to import non grain and non dairy agricultural products from the US in large volumes such as almonds, walnuts, pistachios, blueberries, cherries that it's upper middle class population of 250 million could benefit from the nutritional benefits. US in its fight against the pharmaceutical companies high pricing could change laws to bring in Indian pharmaceutical products at 10-15% price above Indian prices set by the government to meet needs of its large population. In pharma product pricing India leads the whole world and this benefit would lower the cost of living in the US tremendously. Both sides would benefit in a WIn-WIn relationship in trade- THIS IS ACHIEVABLE FOR THE INTERESTS OF AMERICANS AND INDIANS. IT ONLY REQUIRES VISION OF BOTH SIDES.
Linked Articles
India's benefit from Russian oil imports exaggerated; actual gain at just $2.5 bn
The Economic Times 08/28/2025
Opinion | America’s Fearsome Farm Lobby Has Nothing on India’sThe Wall Street Journal 08/27/2025
How television channels and internet media are failing to ask questions about what will be done on climate change action 2024-2028?
07/31/2024
Linked Articles
How the Murdoch family ended up in a legal fight over the future of Fox
Washington Post 07/31/2024
What Rupert Murdoch Owns, and How He Built His Media EmpireNYTimes.com 07/30/2024
Mitch McConnell on the Senate floor "dithering and hesitation have compounded the challenges we face" and the passage of $61 billion aid to Ukraine April 2024
04/26/2024
Mitch McConnell persuades 31 Republican Senators a majority of his caucus to support Ukraine's defense by joining Democrats, working "shoulder to shoulder" with Democrat Pat Schumer to get passage of Ukraine aid legislation in the vote 79 to 18 in April 2024. It comes at a critical moment of the defense of Kharkiv, Ukraine's second largest city, just 25 miles from the border as shown by NYT in April 24 coverage. It is part of the larger effort to secure a peace in Ukraine with the help of India and China as the war drags on for another year.
Linked Articles
Bucking G.O.P. Isolationists, McConnell Was Linchpin in Winning Ukraine Aid
NYTimes.com 04/24/2024
Senate Approves Aid for Ukraine and Israel, Sending It to Biden’s DeskNYTimes.com 04/24/2024
Li Keqiang and the era of Openness in China 1977-2023
11/02/2023
LI Keqiang was able to pass entrance exams to Peking University in 1977 after entrance exams were reinstated following Mao's death. He led the modernization of China during the 2000-2022 period two decades of fast growth turning China into a middle income industrialized country after centuries of decline. During this period China urbanized at a rapid rate and Li's advanced studies focused on urbanization. It was also a period when China realized the damage done to the environment and quality of air, water, with haphazard growth, and shifted to climate change action through focus on solar energy and limiting use of coal.
Linked Articles
China Mourns Former Premier Whose Death Hovers Over Xi Jinping
WSJ 11/02/2023
Next Premier Came of Age in Era of OpennessWall Street Journal 11/16/2012
The collapse of American education and the slowest growth in America's history 2000-2020 as Biden tries to reverse this in 2024
05/19/2023
Krugman looks at the extraordinary effort put in by Robert Gordon of Northwestern University to look at the growth of America since 1850 over periods 1850-1870, 1870-1910, 1910-1950, 1950-2000 and 2000-2020 showing that the last 20 years have the lowest growth in American history. Gordon looks at the near collapse of American education, scores on NAEP of two thirds of 8th graders failing reading comprehension reflect this sad state of affairs that president Biden is trying to reverse in 2024. Other research shows a drop in potential GDP of 2 percentage points when education is failing as it has been for 2 decades. Other researchers have shown what is openly evident today that technology such as social media do more harm, that other internet use technology has not done much for education only established monopolies as with Google and Apple.
Linked Articles
Paul Krugman Reviews ‘The Rise and Fall of American Growth’ by Robert J. Gordon
New York Times 01/25/2016
'Secular Stagnation' May Be for RealWall Street Journal 08/27/2014
Biden's Address to Congress 2021
05/05/2021
Biden announces his $1.8 trillion Families Plan in his speech to Congress in April 2021. It is meant to help struggling families, women, workers and students.
Linked Articles
Biden’s Speech to Congress: Full Transcript
NYTimes.com 04/30/2021
Video: President Biden’s Joint Session AddressNYTimes.com 04/30/2021
Robert Lighthizer and the fight to make Made In America the new symbol of American revival
12/18/2020
Robert Lighthizer talks about the efforts under the Trump administration to bring American manufacturing back to where it was in the days after World War II, and restore the rights and dignity of American workers. For three decades the U.S. lost jobs and allowed its manufacturing to be outsourced hurting American workers and reducing the manufacturing base of the U.S. The efforts to ensure fairness in trade also protects American workers and manufacturing at home.
Linked Articles
How to Make Trade Work for Workers
Foreign Affairs 12/18/2020
We're proud of what we've done, says Trump's trade chiefBBC News 12/17/2020
Pope Francis meets U.S. president Trump at the Vatican to share views on topics ranging from poverty to climate change
05/25/2017
Linked Articles
Trump Meets With Pope Francis After Policy Clashes
WSJ 05/24/2017
Pope Francis and Donald Trump Meet at the VaticanThe New York Times 05/24/2017
Meet the real Hillary Clinton
10/28/2016
Linked Articles
The New York Times 10/11/2016
The Road Trip That Changed Hillary Clinton’s LifeThe New York Times 10/28/2016
Trump's business empire- overleveraging, debt, excessive risk, and shrouded in mystery, what the WSJ calls "a narrow escape"
08/20/2016
The business dealings of Trump do not reveal the wisdom and financial best business practice that will be needed to get the middle and working class in the U.S. back on its feet, and to build the country's infrastructure and defense needs.
Linked Articles
Trump and His Debts: A Narrow Escape
Wall Street Journal 01/04/2016
Trump’s Empire: a Maze of Debts and Opaque TiesThe New York Times 08/20/2016
China's efforts to transition to a new model for development in 2016-2017, based on consumers and not on heavy state spending
08/25/2015
Xi-Jinping and Li Keqiang face a challenge and choices not unlike the one facing Deng Xiaoping in the 1980's- now the challenge is how to move China beyond the middle income status it has achieved with all its accompanying problems of environmental destruction, corruption and aging population.
Linked Articles
Economist 01/23/2016
Political Risks May Foil Economic Reform in ChinaNew York Times 08/25/2015
Lack of individual accountability for banks in legal settlements with regulators- (2) the old management still in place, " a solution to the problem or part of it?"
05/24/2015
The question put by Mr. Han Martin-Buhlmann of shareholder association VIP at the June shareholder meeting of Deutsche Bank was- "Mr. Jain are a solution to the problem or part of it?" Over a week later a new CEO was appointed.
Linked Articles
Economist 06/13/2015
Shareholders’ Rebuke Pressures Deutsche Bank CEOs to PerformWall Street Journal 05/24/2015
The puzzle of U.S. job gains in 2014-2015 with tepid wage gains- a result of labor market slack not reflected in 5.5% unemployment rate, low productivity, low investment
03/07/2015
Linked Articles
Sluggish Productivity Hampers Wage Gains
Wall Street Journal 03/07/2015
Brisk Jobs Growth Puts Focus on FedWall Street Journal 03/07/2015
DJT energy and climate change policy as response to China getting away with 80 GW of new coal powered electricity plants for 2024 under Paris Agreement
01/31/2025
DJT Alaska policy to open up the natural gas potential in Alaska comes from the Republican position that the US should also get some allowance for its needs the way China did for 80 GW of coal powered electricity production in 2024 under Paris Agreement. This is the Republican argument as Senators Dan Borghum of North Dakota and Dan Sullivan of Alaska present it for DJT. DJT reasoning is that Paris Agreement is not fair to US needs. Seen in this way the DJT policy is much more nuanced than media present it- it is for Make America Great Again by using advantages such as Alaskan production and Shale while at the same time pursuing pristine environment and tackling climate change. As this theory goes the stronger economy would give US more resources to tackle climate change. Biden signed on to this approach in a small way when he let Senator Joe Manchin of West Virginia put the same idea in his energy plans. Seen in this way DJT is not portrayed as trying to destroy climate change action plans.
Linked Articles
Opinion | Trump Lifts Sanctions on Alaska
WSJ 01/31/2025
China’s coal-fired power boom may be ending amid slowdown in permitsThe Guardian 01/31/2025
How low interest rates from the banks created 2009 financial crisis were squeezing Americans and most of all seniors
06/05/2024
In 2010 Charles Schwab pointed out that low interest rates were squeezing Americans, most of all seniors on fixed incomes and pensions. In 2024 first quarter the higher interest rates in one quarter alone created an additional $770 billion in interest and dividends for Americans, many of them seniors, according to US Federal Reserve. This is the damage done by the recklessness of the banks and financial sector and seniors have paid heavily for this and for the wars in the Middle East which reduced the growth potential of the US economy that were embraced by Reagan and Bush, Trump and Obama. The war money was not used to build new infrastructure to replace the old as it should have been leading to China having new infrastructure and America's being aging and worn out.
Linked Articles
Low Interest Rates Are Squeezing Seniors
Wall Street Journal 03/30/2010
Americans Have More Investment Income Than Ever BeforeWSJ 06/05/2024
"Pay their fair share of taxes" Biden asks of corporations showing 2017 predecessor tax cuts did not increase investment and added $100 billion yearly to the US Deficit
03/08/2024
By paying their fair share of taxes Biden says in State of Union speech to US Congress 2024 one can increase investment in education, affordable childcare and better living for seniors in their homes, and still cut the deficit by hundreds of billions of dollars. What is fair share? Certainly not zero percent that 55 of the largest corporations paid on $40 billion in profits in 2020, and corporate minimum tax was introduced at levels of 15% for which most ordinary Americans are not eligible for. And certainly not 8.2% that Biden said was being paid by 1000 billionaires in the US. Not a single penny more is being asked of hard working Americans earning less than $400,000 a year. Biden said he wanted to see the corporate minimum tax at 21% not 15%, and the top corporate tax rate set at 28% not the 21% that it was reduced to in 2017 from 35%. In short his predecessor turned to help companies and billionaires profit from the popular distress of the shipping of jobs overseas and the 2009 financial crisis caused by Bank executives without investing the nation's capital resources in manufacturing at home in scale to match and exceed China's. And at the same time neglecting to do anything about the concerns of the people for ease of living- affordable access to childcare, preschool education, education, health care to match Europe/China/India in quality and cost, and aging transportation infrastructure of airports, subways, roads and bridges. The savings when this is done properly go to cut the deficit by over 4 trillion dollars and keep America as the leader of all G-20 economies.
Linked Articles
Biden Draws Sharp Contrast With Trump in State of the Union
WSJ 03/07/2024
Biden Pushes More Corporate-Tax Hikes to Draw Contrast With TrumpWSJ 03/07/2024
America has forgotten it is American workers who built America
09/28/2023
American workers built the middle class and American workers built America with its factories. Biden joins a picket line at at GM plant in Beleville, Michigan, saying this with a bull horn. Shawn Fain directly elected by autoworkers says workers not billionaires run America. This happens as the UAW union rejects tiered wages. Entry level tier wages of younger workers at $17 an hour or $34,000 a year is below the Federal Poverty Level of $35000-$40000 for families with children. It would be seen as outrageous by both Lincoln and TR-FDR in a country where the Constitution starts with the line "We the People. Workers are forgotten in a world that is only waking up to this in 2024.
Linked Articles
Biden Joins Autoworkers on Picket Line in Michigan
NYTimes.com 09/27/2023
Trump’s pitch for autoworker votes in car heartland is short on autoworkersThe Guardian 09/28/2023
Ashwini Bhide, 1995 IAS batch, tireless worker for the millions of Mumbai residents looking for better modern Rail
07/13/2022
Ashwini Bhide was the head of the Metro Rail project in Mumbai and the first woman to be profiled by WSJ in this way - as a tireless worker for getting modern Rail with the latest technology to Mumbai after decades in which millions of Mumbai residents had to put up with old, dilapidated, incomplete rail subway services. It is work that meets the aspirations of Young India and which would make Mohandas Gandhi proud a century later. It shows that India can deliver on the kind of infrastructure needed for making project Make in India work.
Linked Articles
Newsmaker | Fadnavis ensures pet Metro project on track, puts Ashwini Bhide back in driver’s seat
The Indian Express 07/13/2022
‘You Have to Actually Cut Open Mumbai’s Belly’—Inside One of the World’s Most Audacious Transit ProjectsWSJ 05/08/2023
UK's 100,000 deaths in pandemic higher than civilian deaths in World War II- where UK made mistakes
02/01/2021
Linked Articles
Covid-19 death toll: where did the UK make mistakes?
The Times 01/27/2021
How the UK reached 100,000 Covid deathsThe Times 01/27/2021
Report on Russian disinformation effort 2014-2017 by two cybersecurity companies for the U.S. Senate Intelligence Committee
12/18/2018
Linked Articles
Opinion | What We Now Know About Russian Disinformation
New York Times 12/17/2018
Facebook, Twitter and YouTube Withheld Russia Data, Reports SayNew York Times 12/18/2018
Britain and the European Union far apart for Brexit negotiation in April 2017
04/02/2017
Linked Articles
DW.COM 03/31/2017
Britain Moves To Trigger Brexit Next Wednesday - SPIEGEL ONLINESPIEGEL ONLINE 03/24/2017
The 1976 Montreal Olympics, the 2004 Athens Olympics, the 2014 Sochi Olympics and the Rio Olympics- decades long debt hangovers and costs growing from the $1+ billion in Montreal to $50+ billion in Sochi
08/24/2016
Developing and developed countries alike have seen the cost of the Olympics as a huge burden. Many countries or cities that committed to hosting the Olympic games during boom years were facing economic hard times by the time of the games. Corruption and mismanagement of public funds, overspending and cost overruns added to the problems. Citizens uproar caused cities such as Boston and Oslo to withdraw bids for the Olympics. The Olympics appears to be a costly way to show off a country, and raises questions about better allocation of funds in other directions, especially when upward mobility is a problem for the middle and working class, countries have other infrastructure needs, and neglected basic needs in education, healthcare, public services.
Linked Articles
The 40-year hangover: how the 1976 Olympics nearly broke Montreal
The Guardian 07/06/2016
Rio Games Highlight Problems With the Olympic ModelThe New York Times 08/23/2016
The Trump campaign organizational and advertising effort financing falling way behind Hillary Clinton in April 2016, and behind Mitt Romney at this stage in April 2016
04/20/2016
Linked Articles
Trump’s Campaign Spending on the Rise
Wall Street Journal 04/22/2016
Group Backing Hillary Clinton Begins Reserving $125 Million in Ads for the FallNew York Times 04/20/2016
Errors made by the IMF, Syriza Tsipras far left government, leading to the third bailout program of 2015 for Greece
07/06/2015
Just when the first signs of growth in the economy were taking place in 2014 the IMF held back on a 7.2 billion euro payment to Greece which would have increased liquidity to the private sector for growth. The IMF hope to gain leverage with a future Syriza far left government. The first half of 2015 led to economic anxiety in Greece with a failed negotiating strategy of Syriza far left government focussing only on the debt and not on the economy. The damage led to about 85 billion in addtional financing needed following the closing of Greece's banking system in July 2015.
Linked Articles
IMF Warns Eurozone That Greece Needs Far More Debt Relief
Wall Street Journal 07/15/2015
How to Undo the Damage in GreeceNew York Times 07/06/2015
The nuclear agreement negotiated with Iran in April 2015 and the views of U.S. president Obama on the deal
03/29/2015
Linked Articles
New York Times 04/05/2015
Iran Backs Away From Key Detail in Nuclear DealNew York Times 03/29/2015
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