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Katie Tobin deputy assistant to the president shows how Kamal Harris cut migration from Guatemala with her action to stabilize Guatemala after the destabilizing of the region by Reagan and Bush through wars started in the region. The achievements to get Guatemalans and Central Americans to stay home compares favorably with the wars and weapons sent to the region under Reagan-Bush that led to gangs taking over San Salvador and young people leaving. Consider $300 million in humanitarian assistance during COVID years, $5 billion in foreign investment lined up to create 250,000 jobs, pulling US AID and IDFC agencies for loans, and arranging for anti-corruption candidate to take over government in Guatemala following elections. It is an exceptional record achieved in a few months trying to undo decades of destabilizing Central America by Republicans Reagan and Bush. Reagan-Bush also destabilized the US with wars in the Persian Gulf, Iraq and Afghanistan, because infrastructure in US was neglected, and manufacturing jobs were shipped overseas under failures of Reagan-Friedman economic theories destroying communities across the US over three decades.
Linked Articles
Opinion | Kamala Harris Made Progress on the Border Crisis
WSJ 07/29/2024
As Republicans Attack Harris on Immigration, Here’s What Her Record ShowsNYTimes.com 07/31/2024
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
Scholz of Germany says Putin started this war for absurd reasons. NATO he says was never a threat to Russia. Russia invaded a neighboring country with the idea of conquering it. Scholz says Putin was taking a felt tip pen across the European landscape and drawing this is yours, this mine. And he says Germany would never accept that. Brendan Simms in his History of Europe- The struggle for Supremacy 1452 to the Present, is on German chancellor Scholz's reading list since 2021. It shows that for 500 years no dominant European power was able to do act with impunity without the rest of Europe joining together to prevent it. This war is not an exception. The European Union countries stuck together to make it possible for Ukraine to carry on even with generators to keep the lights on and supermarket shelves well stocked. In this sense the outcome of this war is already known. It has followed what Brendan Simms has pointed out already.
Linked Articles
Germany's Scholz says Putin started war for 'completely absurd' reasons | DW | 21.08.2022
DW.COM 08/23/2022
Thwarting Vladimir Putin: The Ukrainian Economy Just Keeps On Going - DER SPIEGELSPIEGEL ONLINE 04/07/2023
The desperate need for good infrastructure and millions of people in Mumbai who have put up for too long with creaky infrastructure. The Mumbai Metro led by Ashwini Bhide is a path breaking effort to speed things up, as the WSJ points out. As before petitions and other methods are used to stall projects. This time the courts not only dismissed the petition about cutting trees in Aarey Colony, north Mumbai, but also fined the petitioners Rs 50,000 for filing a frivolous petition. Trees are important, as few trees as possible are being cut for the new Metro, and new trees are being planted to replace them.
Linked Articles
WSJ 05/08/2023
‘Activists should accept defeat honourably’: Mumbai Metro MD on Aarey rowHindustan Times 10/05/2019
Spain's economic recovery continues as businesses continue to invest following the inconclusive Dec. 2015 parliamentary elections.
Linked Articles
Spain’s Political Deadlock Dents Economic Rebound
Wall Street Journal 03/07/2016
Spain’s Political Deadlock Dents Economic ReboundWall Street Journal 03/07/2016
Linked Articles
Donald Trump Calls for Ban on Muslim Entry Into U.S.
Wall Street Journal 12/08/2015
Along with Trump’s rhetoric, the stakes for 2016 have risen dramatically - The Washington PostWashington Post 12/09/2015
The central bank head, Nabiullina, the Economy minister, Ulyukayev, and the head of Russia's largest bank Sberbank, German Gref, all expressed skepticism about president Putin's confidence in economic policy at a banking conference in Moscow in Oct. 2014. The architect of Russia's finances in the first and second terms of Putin, Alexei Kudrin, expressed alarm in Nov.-Dec. 2014 about lack of confidence in economic measures as the ruble took a hit from lower oil prices. The Putin administration made errors in handling economic policy leading to the ruble going to the brink of collapse by Dec. 17, 2014. This was preceded by miscalculations in policy towards the European Union and Germany leading to a loss of international confidence, and deteriorating relations with OPEC's leading member Saudi Arabia leading to OPEC's production decisions hurting Russia.
Linked Articles
Russia Introduces Measures to Calm Economic Jitters
New York Times 12/17/2014
Putin Trumpets Economic Strength, but Advisers Seem Less CertainNew York Times 10/02/2014
Losses at Rio Tinto and Anglo-American with risky projects is leading to management turnover and a scaling back in investment. The lower commodity prices, declining growth in China and risk averse strategies in turn affects Caterpillar's growth in its key mining equipment business. Analysts do not expect the situation to improve till 2015.
Linked Articles
Caterpillar Chief Faults China Unit
Wall Street Journal 01/29/2013
Miner Rio Tinto Ousts CEO as Bad Bets Cost BillionsWall Street Journal 01/18/2013
Linked Articles
‘Mikoshi’ Management: How Kazuo Inamori Lifted Japan Airlines
Wall Street Journal 07/30/2012
To Whom Do Japan’s Most Powerful Turn for Advice? The Sensei of SeaweedWall Street Journal 09/01/2015
Linked Articles
EU Reaches Deal on Bank Supervisor
Wall Street Journal 12/13/2012
Report Suggests ECB Bank SupervisionWall Street Journal 06/26/2012
These cities are being squeezed by high unemployment and declining incomes from lower paid manufacturing jobs. This makes college education more elusive than ever, and much worse so with the over $1 trillion in college debt in the U.S with spiralling cost of higher education. Vocational training in higher paid fields for families that cannot afford college and children who are not likely to go to college, is the only way not to leave behind a generation of growing children behind in these cities. It is an issue of the utmost importance for renewing America's smaller cities that do not have the advantages of San Francisco, Washington D.C. and Raleigh, S. Carolina, with their advanced university and technology hubs and access to finance.
Linked Articles
As College Graduates Cluster, Some Cities Are Left Behind
New York Times 05/30/2012
It’s time to drop the college-for-all crusade - The Washington PostWashington Post 05/28/2012
Experts question the the overoptimistic assumptions for losses on home equity lines of credit, second lien mortgages and legal settlements. The capital ratios for the banks shown under the stress tests of 3-4% indicate high levels of leveraging, one of the principal causes for the banking crisis of 2008-2009.
Linked Articles
Stressing the Bank 'Stress Tests'
Wall Street Journal 03/14/2012
Questions as Banks Increase DividendsNew York Times 03/14/2012
A gradual change away from the dominance of state owned companies as China shifts direction. The World Bank-DRC Report as the first step in this direction, marking the beginning of the beginning.
Linked Articles
Xi Appeals for 'Purity' Amid Party Scandal
Wall Street Journal 03/16/2012
New Push for Reform in ChinaWall Street Journal 02/23/2012
All three of the senior most members of Trump's administration make a parting of ways with Mr. Trump when it comes to the Constitution of the United States of America, free and fair elections, the separation of powers between Congress the Executive branch and the Judiciary, and the smooth transfer of power every four years to a newly elected government, with all 435 members of Congress elected every 2 years, checks and balances put in place by the framers of the US Constitution including Jefferson and Madison to protect Democratic form of government enshrined in the words "We the People.."
Linked Articles
Gen. Mark Milley Warns of Fealty to Dictators, in Exit Speech Aimed at Trump
WSJ 09/29/2023
Opinion | General Milley and the ‘Wannabe Dictator’WSJ 09/29/2023
How a strict migration policy in Greece leads to a 90% drop in migration and brings Greece in line with the rest of the European Union including Italy and Germany on migrant policy. Merkel simply and clearly made a serious error in letting in migrants through Hungary and Austria because it led to anti migration sentiment throughout the EU, to Brexit, to the sidelining of parties that worked in the interests of workers and families throughout Europe for a decade in which distorted economic policy lost public support till the pandemic made things even worse.
Linked Articles
Has Brexit left Britain in a better state?
The Times 05/21/2023
With His Party Ahead in Elections, Greek Leader Claims ‘Political Earthquake’NYTimes.com 05/22/2023
The contrast could not be greater between the World Health Organization today and the WHO under Dr. Gro Harlem Brundtland, a three time prime minister of Norway between 1981 and 1996 with great experience and a record of handling difficult issues of climate change and sustainable development.
Linked Articles
A Failed Deception: The Early Days of the Coronavirus Outbreak in Wuhan - DER SPIEGEL
SPIEGEL ONLINE 05/20/2020
‘The only way forward for WHO is...’: Full text of Trump’s letter to WHO chiefHindustan Times 05/19/2020
France's central bank chief Noyer points out that once the public sector crosses the line of 55% of the economy France loses ground. Jobs created are from an earlier period, and fewer new technology jobs of the future are created. The challenge for Macron is to rein in the public sector and revive French industry so new jobs are created for young people.
Linked Articles
Macron's presidency: It's the economy, stupid! | Business | DW.COM | 08.05.2017
DW.COM 05/08/2017
The Emperor Creates No JobsWall Street Journal 05/29/2013
Linked Articles
South Korean and Japanese Leaders Feel Backlash From ‘Comfort Women’ Deal
New York Times 12/29/2015
Coming to Terms on Japan’s Wartime Sex SlavesNew York Times 12/30/2015
Growth slows rapidly, and the currency declines, as the mining boom in Australia ends.
Linked Articles
Australia Faces Painful Choices in Economic Slowdown
Wall Street Journal 12/08/2014
China’s Slowdown Hits Price of Iron OreWall Street Journal 12/01/2014
Declan Walsh and Tim rango provide aunique insight into the lives of common people in two regions of Asia and the Middle East. A century after the European powers invested in railway lines connecting all parts of the Middle East from Turkey to Iraq and Syria, and connecting all parts of South Asia from the Afghan border to Ceylon, two reporters of the NYT visit the railways in both regions showing the prevailing state of affairs. In Iraq decades of wars and conflict have reduced the railways to a crumbling condition. In South Asia mismanagement, cronyism, corruption has led to disinvestment in Pakistan Railways and inflicted similiar damage to the rail network. Through rail one can see into the life of common people in these regions. What one sees shows that five decades after the colonial powers left this region, the educated elites, the political parties, the military, the religious leaders, have all failed the common people of their homeland.
Linked Articles
A Train Ride Through Time: From Iraq’s Checkered Past Into an Uncertain Future
New York Times 10/18/2014
In a Journey on a Crumbling Railway, a Picture of a Nationâs TroublesNew York Times 05/18/2013
Linked Articles
A Libyan's Plea to the S.E.C. on Oil Industry Transparency
New York Times 08/17/2012
Oil and Mining Companies Must Disclose Payments to Foreign Governments, S.E.C. SaysNew York Times 08/22/2012
Linked Articles
European Central Bank Head, Draghi, Has New Powers
New York Times 07/02/2012
Doubts Greet Plan for Euro Zone Bank RegulatorNew York Times 07/01/2012
A more measured response this time from the Development Reform Commission (DRC) and the State Council. Targeted spending on select and strategic projects to avoid inflating the housing bubble any further, and screening out projects with dubious merit.
Linked Articles
In China, a New Round of Stimulus
New York Times 05/30/2012
World Bank Chief Urges Euro BondsWall Street Journal 05/31/2012
Linked Articles
Inside Nokia's Struggle Against Apple's iPhone
Wall Street Journal 05/31/2012
Nokia Posts $1.2 Billion Loss as Sales Drop 29%New York Times 04/19/2012
The shift in China's economy towards consumption led growth from infrastructure development led growth is likely to affect mining commodity producing economies such as Australia, Brazil and Chile. The rapid appreciation of the Australian dollar and the real is also affecting the competitiveness of manufacturing in these countries.
Linked Articles
Australia Budget Turns Boom on Its Head
Wall Street Journal 05/09/2012
China Speeds Economic 'Transformation'Wall Street Journal 03/06/2012
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