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Carlos Tavares and the contrast with Fiat Sergio Marchionne, Tesla Elon Musk- the need today for new role models for health and worklife balance, respect for dignity of workern
02/05/2024
Carlos Tavares, CEO of Stellantis that brings together Fiat, Chrysler and Peugeot, as shown in a WSJ report, respects workers right to have a weekend free of email requests to recharge their batteries for the new week starting Mondays. Tavares sees great value in worklife balance, respect for dignity and health of workers. He believes this delivers productive work better than alternatives such as that under Sergio Marchionne the Fiat leader running Chrysler who worked constantly, with excessively long hours, unending travel and smoking incessantly say reports, that took its toll on health- setting a poor role model for managing business and for the younger generation. A similar situation is presented by Mr. Musk compared to Mr. Tavares. Striking is the respect for the dignity of workers that comes with respecting worklife balance. This was a major issue in this years UAW negotiations. Leaders from Scholz in Germany and Biden in US, Modi in India, have called for respect for dignity of work and workers as the kind of society we want to build and we want to live in. The founder of Silicon Valley Andy Grove who founded Intel that powers the chips on every laptop always reminded his readers this is the kind of society he wanted to live in.
Linked Articles
Elon Musk Says Donald Trump Should ‘Sail Into the Sunset’ in Latest Spat
WSJ 07/12/2022
WSJ News Exclusive | The Money and Drugs That Tie Elon Musk to Some Tesla DirectorsWSJ 02/04/2024
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 indictment of Donald Trump for hush payments to a porn actress
04/01/2023
The indictment by a grand jury of Donald Trump in March 2023, with other investigations underway in other places.
Linked Articles
How Alvin Bragg Resurrected the Case Against Donald Trump
NYTimes.com 04/01/2023
Donald Trump Indictment Sets Historical MarkerWSJ 03/31/2023
Biden at Independence Hall Philadelphia in 2022 and Lincoln in 1861 on the way to the White House at the start of the Civil War- "Battle for the Soul of the Nation"
09/03/2022
At key points in the life of these United States of America- Washington, Jefferson, Lincoln, TR and FDR, and now Biden, speak at Independence Hall in Philadelphia on the idea, that principle, in the Declaration for which they are willing to give their lives to defend. For the people of the world, the people of India, the rest of Asia, Africa, Latin America, Australia this has brought new meaning and hope since these words were written- "We believe that all men are created equal and they are endowed by their Creator with certain inalienable rights, and among these are life, liberty and the pursuit of happiness." "It was that which gave promise that in due time the weight should be lifted from the shoulders of men, and they would all have an equal chance." (Lincoln)
Linked Articles
Biden delivers speech on "battle for the soul of the nation" in Philadelphia | full speech
YouTube 09/02/2022
Remarks by President Biden on the Continued Battle for the Soul of the Nation | The White HouseThe White House 12/24/2022
Years of hyper growth followed by slight or shrinking growth in China
07/31/2022
For years China pushed hyper growth without correctly understanding the sources of that hyper growth and its consequences in the long run. Communities in the US and the EU simply could not cope with the hyper shift of factories from local regions to China that created the hyper growth in China. Local governments in China and self interested investment banks in the US and Eu pushed for this growth and the central government failed to act with restraining action. The result is alienated public in the US and EU, intense trade and competitive frictions and permanent damage to friendly US China, US EU relations. The domestic side of this hyper growth was the overdependence on the property sector which was asked to carry a bigger burden for development leading to the crisis today with local governments strained for financing by $900 billion as reported in WSJ today July 31. 2022. This did not need to happen. China entered this experiment with capitalism without restraining action with very little knowledge of the market economy and how it operates correctly only with restraining and corrective action in the interests of the whole people of the country. Too much has gone wrong for peoples on either side, the unintended effects and consequences in the simple unbridled pursuit of self-interest alone.
Linked Articles
China’s Economy Tested by Strained City Finances
WSJ 07/31/2022
China’s Manufacturing Sector Unexpectedly Contracts Amid Weak Demand, Covid LockdownsWSJ 07/31/2022
Inflation and eroding purchasing power in Europe in 2022
04/21/2022
Linked Articles
Germany set for bumper pension hike amid inflation surge | DW | 13.04.2022
DW.COM 04/13/2022
Rocketing Prices Test Europe’s Political Resolve in Confrontation With RussiaWSJ 04/12/2022
India's early heat wave in 2022 a sign of climate change
04/03/2022
Linked Articles
India sees warmest March in 122 years, lowest rainfall since 1908
The Hindu 04/02/2022
India: Frequent heat waves a reminder of climate change impacts | DW | 31.03.2022DW.COM 03/31/2022
The situation of chronic or endemic coronavirus in places with high vaccination rates - Portugal and New York City
10/25/2021
Chronic or endemic coronavirus in New York with 76% fully vaccinated and Portugal with 85% fully vaccinated is a situation in some places. This still means 15-25% of people that are unvaccinated are at risk and with vaccine protection waning without a booster shot the risk of a fourth or a third of the population still at risk. The lifting of preventive steps such as social distancing, masking and other actions plus the shift to indoor, reopening of schools and colleges, could still lead to a surge.
Linked Articles
Endemic Covid-19 Has Arrived in Portugal. This Is What It Looks Like.
WSJ 10/24/2021
New York City Inches Toward Covid-19 Becoming EndemicWSJ 10/25/2021
India's growth predicted at an "unprecedented acceleration" in 2021-2022 after the pandemic
12/08/2020
India's unprecedented growth in mobile manufacturing planned for 2025 under PLI incentives and in 5G technologies by 2021-2022.
Linked Articles
HTLS 2020: India’s new era will be defined by the idea of decentralization
Hindustan Times 12/08/2020
‘India will prove cynics wrong...’: Mukesh Ambani on economy, Jio 5G, vaccineHindustan Times 12/08/2020
The EU's evolving relations with Turkey in 2016- Germany's Merkel and the Erdogan government reach an agreement on refugees in March 2016
03/07/2016
Merkel facing populist pressures and opposition from the CDU to accepting more refugees tries to get Turkey to stem the flow and send refugees back to Turkey. The Erdogan government with its own problems and seeking a closer relationship with the EU following the Russian bombing of the Turkmen in Syria and shooting down of a Russian plane approves the agreement.
Linked Articles
Stakes Are High for Germany’s Angela Merkel in Success of New Migrant Deal
Wall Street Journal 03/24/2016
Turkey Places Conditions on E.U. for Migrant HelpNew York Times 03/07/2016
2016 U.S. presidential candidate Jeb Bush's Tax Plan that spells out details, and takes a shot at 4% growth for restoring lost social and economic mobility in the U.S.
09/09/2015
The efforts to wrestle with the deficit in 2011-2012 led to a vigorous debate on changing the tax code, yet political leaders failed to take up new ideas or spell out the details. Jeb Bush, with advisors Martin Feldstein and Kevin Warsh, takes the unconventional approach of putting in the details, and taking up ideas such as the idea of limiting itemized deductions to 2% of adjusted gross income proposed by Feldstein in that debate. On the $2.1 trillion in income held overseas by U.S. companies Bush proposes 8.75% tax paid over 10 years. On business investment he proposes capital investment be allowed to be deducted in full immediately. It is based on the idea that business investment can drive a vigorous recovery, that workers bear 50% of the burden of higer taxes through sluggish wage growth. It levels the playing field for debt and equity capital, removing "carried interest" provision, as a lesson from the excessive leverage taken by financial institutions in the past.
Linked Articles
Wall Street Journal 09/10/2015
Jeb Bush Tax Plan Makes Forays Into PopulismNew York Times 09/09/2015
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
Ban on election advertising on commercial television and radio in Britain and strict limits of $29.5 million for each party in general elections- contrast with the U.S.
05/02/2015
Britain disproves the popular belief that an ever upward trajectory for election spending is inevitable. The 2010 general election in Britain cost half that of the 1880 general election in 2002 prices, say researchers. In the U.S. spending has increased to the point where candidates may be spending more time fund raising than talking about the issues. The 2016 presidential election in the U.S. is estimated to lead to $10 billion in spending. India, Brazil, and other developing countries face a similar situation.
Linked Articles
Britain’s Campaign Finance Laws Leave Parties With Idle Money
New York Times 05/04/2015
F.E.C. Can’t Curb 2016 Election Abuse, Commission Chief SaysNew York Times 05/02/2015
Motherhood penalty putting hundreds of thousands of mothers out of work- how childcare is failing America's and Britain's children
11/07/2023
President Biden has asked Congress for $18 billion to stabilize the childcare system in the US- without it more childcare places are closing and women are put out of work in a form of motherhood penalty. The Republican controlled Congress is not responding. This is the kind of infrastructure for children that is crucial for America and America's children, for the beginning years of education that determine its future and for the health wellbeing of mothers.
Linked Articles
Opinion | What happened to this Wisconsin day care should concern us all
Washington Post 11/07/2023
Motherhood penalty ‘has driven 250,000 women out of jobs’The Guardian 11/05/2023
A parting of ways with Mr. Trump- Mr. Trump's Attorney General Barr followed by VP Mike Pence and now Joint Chief chairman Gen. Milley
09/30/2023
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
1041 elections in 2022 at American companies support unionized workplaces- protecting worker's rights during the pandemic
01/21/2023
The United Nations International Labor Organization calls for protecting workers rights and promoting decent work during a pandemic that devastated many workers. A new respect for unionized workplaces after decades of decline and respect for the dignity of work. Still the process of recovery has only started as only 10% of American workers are represented by unions, only 14 million workers.
Linked Articles
Trade Unions matter in a human-centred recovery from COVID-19
ILO 01/21/2023
Union Membership Rate Hits Record Low Despite Votes at Apple, Amazon, StarbucksWSJ 01/21/2023
Common sense and wisdom for passage to India Pakistan trade after the floods in 2022 with one third of Pakistan under water
08/30/2022
In 2012 Michael Boskin, who helped George W. Bush, with the NAFTA North American Free Trade Agreement, wrote this article in the WSJ about the normal trade using trade models that take into account the advantage of cross border trade and size of economies would be 20 times the $2.7 billion in trade between India and Pakistan in 2012. This would be $50 billion. This would have increased to $100 billion by 2020 under normal trade. Instead in the year of the 2022 floods when Pakistan is one third under water, and cross border trade never made more sense, the OEC data show trade at less than $300 million or one three hundredth portion of what trade could be if normalized.
Linked Articles
Pakistan: Food prices soar amid floods | DW | 30.08.2022
DW.COM 08/30/2022
Michael Boskin: A Passage to India-Pakistan PeaceWSJ 04/15/2012
On the occasion of Mr. Biden's launch of Indo-Pacific Economic Framework bringing together workers and families of America, Europe and India
06/01/2022
In 1931 Gandhi visited the Lancashire textile mill in Darwen owned by Quaker and Socialist Davies family. This BBC account of that visit shows the enthusiasm of workers in Lancashire for "Gandeye" and how Gandhi felt the workers treated him as one of their own. Only 14 years later the same workers and families voted in Labour and Clement Atlee who immediately started the negotiations with Gandhi for Hind Swaraj and the independence of India. It shows how Gandhi would look at the economic alliances and new supply chain president Biden announced and Mr. Scholz of Germany called for at the Hanover Trade Fair in 2022 - that the sound foundation for a new supply chain is the interests of American and European workers and families, as well as interests of workers and families in partner countries such as India in the Free World.
Linked Articles
When Gandhi met Darwen's mill workers
BBC News 06/01/2022
Gandhi Jayanti 2018 special: When Mahatma Gandhi was welcomed by textile mill workers of LancashireThe Indian Express 06/01/2022
A second Macron vs. Le Pen presidential debate in France in 2022
04/21/2022
Cost of living and Le Pen's ties to Russia emerge as key issues in the debate. Macron appears to be the more convincing in his grasp of facts and claity of thinking, with a Elabe snap poll showing 59% think Macron more convincing to 39% Le Pen. France's welfare state in a way that the US and Britain are less so, means that other solutions are needed for cost of living and the decaying small towns and rural areas. A next generation industrial revolution is needed to bring jobs home and closer to home to revive both France and Europe after decades of shifting jobs and industry to China. Needed only is the will and aspiration to do so.
Linked Articles
Macron and Le Pen clash on Russia in feisty debate ahead of presidential run-off
France 24 04/21/2022
France’s Macron and Le Pen Clash During Presidential DebateWSJ 04/20/2022
Deforestation- is the pledge at COP26 Glasgow a bit too late for Indonesian rainforest?
11/02/2021
This is one of the amazing links in Lyrarc because it shows WSJ article from 2007 noted by Lyrarc that year, showing UN maps on deforestation in Borneo island in Indonesia for 2000, 2005, 2020. By 2020 most of the rainforest is shown as gone. Deforestation and climate ecologist Clare Rewcastle Brown, sister in law of former British prime minister Gordon Brown, from Britain, recalls colonial days in Sarawak, north Borneo Island, where her father was a police officer. And how much of the canopy of forest from that part of Malaysia was disappearing. She continued her protests from outside Malaysia in 2013 as reported by NYT and noted in Lyrarc that year. This is an amazing story of how deforestation of some of the last rain forests in the world took place at a time when awareness of climate change was sorely lacking in 2007-2013, and how by 2020 the rain forests in Borneo may have already disappeared from planet earth to combat climate change. One woman's fight and a fight that is still on after world leaders took a pledge to end deforestation on the planet by 2030 including Russia, Brazil, Indonesia, China, and the US, and a UN report that had the foresight to show a rainforest disappearing in 2007 in Tom Wright's WSJ report from Surabaya, Indonesia the same year.
Linked Articles
WSJ 07/03/2007
Barred From Malaysia, but Still Connecting With Critical JabsNew York Times 08/16/2013
India's effort in mobile manufacturing with PLI incentives, and in 5G
12/16/2020
Unprecedented effort in India in 5G by 2021-2022 and in mobile manufacturing under PLI incentives by 2025.
Linked Articles
‘India will prove cynics wrong...’: Mukesh Ambani on economy, Jio 5G, vaccine
Hindustan Times 12/08/2020
‘Pushing India to surpass China in mobile manufacturing’: Ravi Shankar PrasadHindustan Times 12/16/2020
How global travel seeded the first and second wave of the pandemic- ski resorts in March and beach resorts in September
09/30/2020
Linked Articles
Ski, Party, Seed a Pandemic: The Travel Rules That Let Covid-19 Take Flight
NYTimes.com 09/30/2020
Tourists in Croatia Help Feed Covid-19 Surge Across EuropeWSJ 09/21/2020
The Chinese market in 2015 and pitfalls for Yum Brands and its KFC, Pizza Hut stores in China
10/21/2015
Rapid growth and then a public scare with media reports of falling quality standards hurt KFC outlets. Local Chinese and Taiwanese brands offer more options at the higher and lower ends of the price range. Other European competitors partnering with local Chinese companies offer better value and quality upscale hurting Pizza Hut stores. And suddenly the whole landscape has changed for Yum Brands in China. It shows the Chinese market is no place for the complacent, that the discriminating tastes of consumers and search for healthier alternatives is taking place in China, India and other developing countries, just as much as it is in the U.S.
Linked Articles
China Isn’t the Easy Market It Once Was for Fast-Food Chains
Wall Street Journal 10/21/2015
Yum Brands to Split Off China BusinessWall Street Journal 10/21/2015
German experts and public opinion who see Greece's exit from the eurozone as the best thing for the euro in July 2015 (1)
07/07/2015
Chancellor Merkel's statement that the the Euro is the EU, now place more emphasis on building a strong future for the euro. Experts in Germany believe the euro is better off without Greece by July 2015. As the WSJ editorial points out political contagion is now a bigger threat to the euro, with euro skeptic parties joining populist parties with no committment to the common currency and its basic rules.
Linked Articles
German Finance Chief’s Hard Line on Greece Limits Angela Merkel’s Room to Maneuver
Wall Street Journal 07/09/2015
It’s Time for Greece to Leave the EuroNew York Times 07/07/2015
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
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