Category : * Economics, Politics

(Washington Post) A Washington’s Birthday quiz on the office of President

Every February, Americans take a day off of work to celebrate the presidents — the chief executives whose ideas, policies and foibles have helped to shape our history. So it’s only fitting that you take a moment to test your knowledge about these 44 prominent Americans with a 20-question quiz from “Presidential,” the Washington Post podcast that explores the presidents’ lives and legacies.

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Posted in America/U.S.A., History, Office of the President

George Washington’s Summary of the real story of the American Revolution

-‘The unparalleled perseverance of the armies of the United States through almost every possible suffering and discouragement for the space of eight long years was a little short of a standing miracle.’

–George Washington as quoted in the Ken Burns series on the American Revolution
Posted in America/U.S.A., History, Military / Armed Forces, Office of the President

George Washington’s First Inaugural Address

By the article establishing the executive department it is made the duty of the President “to recommend to your consideration such measures as he shall judge necessary and expedient.” The circumstances under which I now meet you will acquit me from entering into that subject further than to refer to the great constitutional charter under which you are assembled, and which, in defining your powers, designates the objects to which your attention is to be given. It will be more consistent with those circumstances, and far more congenial with the feelings which actuate me, to substitute, in place of a recommendation of particular measures, the tribute that is due to the talents, the rectitude, and the patriotism which adorn the characters selected to devise and adopt them. In these honorable qualifications I behold the surest pledges that as on one side no local prejudices or attachments, no separate views nor party animosities, will misdirect the comprehensive and equal eye which ought to watch over this great assemblage of communities and interests, so, on another, that the foundation of our national policy will be laid in the pure and immutable principles of private morality, and the preeminence of free government be exemplified by all the attributes which can win the affections of its citizens and command the respect of the world. I dwell on this prospect with every satisfaction which an ardent love for my country can inspire, since there is no truth more thoroughly established than that there exists in the economy and course of nature an indissoluble union between virtue and happiness; between duty and advantage; between the genuine maxims of an honest and magnanimous policy and the solid rewards of public prosperity and felicity; since we ought to be no less persuaded that the propitious smiles of Heaven can never be expected on a nation that disregards the eternal rules of order and right which Heaven itself has ordained; and since the preservation of the sacred fire of liberty and the destiny of the republican model of government are justly considered, perhaps, as deeply, as finally, staked on the experiment entrusted to the hands of the American people.

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Posted in America/U.S.A., History, Office of the President

(National Archives) George Washington’s Birthday

Washington’s Birthday was celebrated on February 22nd until well into the 20th Century. However, in 1968 Congress passed the Monday Holiday Law to “provide uniform annual observances of certain legal public holidays on Mondays.” By creating more 3-day weekends, Congress hoped to “bring substantial benefits to both the spiritual and economic life of the Nation.”

One of the provisions of this act changed the observance of Washington’s Birthday from February 22nd to the third Monday in February. Ironically, this guaranteed that the holiday would never be celebrated on Washington’s actual birthday, as the third Monday in February cannot fall any later than February 21.

Contrary to popular belief, neither Congress nor the President has ever stipulated that the name of the holiday observed as Washington’s Birthday be changed to “President’s Day.”

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Posted in America/U.S.A., History, Office of the President

(WSJ) The Pentagon Used Anthropic’s Claude in Maduro Venezuela Raid

Anthropic’s artificial-intelligence tool Claude was used in the U.S. military’s operation to capture former Venezuelan President Nicolás Maduro, highlighting how AI models are gaining traction in the Pentagon, according to people familiar with the matter.

The mission to capture Maduro and his wife included bombing several sites in Caracas last month. Anthropic’s usage guidelines prohibit Claude from being used to facilitate violence, develop weapons or conduct surveillance. 

​​”We cannot comment on whether Claude, or any other AI model, was used for any specific operation, classified or otherwise,” said an Anthropic spokesman. “Any use of Claude—whether in the private sector or across government—is required to comply with our Usage Policies, which govern how Claude can be deployed. We work closely with our partners to ensure compliance.”  

The Defense Department declined to comment.

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Posted in America/U.S.A., Defense, National Security, Military, Military / Armed Forces, Science & Technology, Venezuela

(Economist Leader) Takaichi Sanae, Japan’s Prime minister, is the world’s most powerful woman

The Liberal Democratic Party (LDP) has dominated Japanese politics since its founding in 1955, ruling with only two brief interruptions. Never has it won as decisively as it did in a snap election on February 8th, when it took almost 70% of the seats in parliament’s powerful lower house. Takaichi Sanae, the triumphant prime minister, now has a historic chance to transform her country. She must not squander it.

To live up to the expectations that her electoral gamble and huge victory have created, Ms Takaichi needs to think bigger and broader. She cannot treat her time in office as routine, focused on short-term relief to ease the pain of today; she must take Japan’s long-term demographic and economic challenges head on. She should also recognise that her country has a crucial role to play as a stabilising force in a turbulent world. And she must be a leader for all of Japan, not only for her right-wing loyalists. She must, in short, gamble all over again.

She has the backing. Support for Ms Takaichi came from across the country. The LDP secured 316 seats in the 465-seat lower house, up from 198, giving it a two-thirds supermajority, which will allow it to override an upper house it does not control. Ms Takaichi tapped into Japanese voters’ desires for both security and change. She offered hard-nosed realism for a hard-edged era. She also personifies a break with the old guard. She is the plain-speaking child of a middle-class family, not the buttoned-up scion of a political dynasty, like many of her predecessors. And she is a woman, the first to lead democratic Japan.

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Posted in Globalization, Japan, Politics in General

(NYT front page) States Weigh Bills to Allow You to Make Your Own Electricity

As the Trump administration stymies hundreds of commercial solar and wind projects nationwide, legislators in 24 states want to literally put the power in the hands of the people by allowing modest solar energy systems on balconies, porches and backyards.

Last year, in an unanimous vote, Utah became the first state in the nation to pass a law allowing residents to plug small solar systems straight into a wall socket. These systems, which retail for around $2,000, produce enough electricity to power a laptop or small refrigerator.

In just a matter of months, legislators in 23 other states have announced similar bills, including California and New York. If passed, the legislation would eliminate one of the technology’s biggest barriers in the United States: homeowners or renters could install plug-in panels systems, in most cases up to 1200 watts, without approval from their local utility.

Proponents also hope the bills speed the development of a set of safety standards that could open the floodgates to wider adoption.

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Posted in * Economics, Politics, Economy, Energy, Natural Resources, Personal Finance & Investing, State Government

(Fortune) America borrowed $43.5 billion a week in the first four months of the fiscal year, with debt interest on track to be over $1 trillion for 2026

The first four months of fiscal year 2026 got off to an expensive start for the U.S., according to the latest estimates from the Congressional Budget Office (CBO) .

The CBO released a report yesterday detailing that, for the first third of FY26 (which began in October), the U.S. government operated at a deficit, and so borrowed $696 billion. That included $94 billion in January alone, and works out to an average of $43.5 billion for each of the 16 weeks of the four months since.

While America’s government spending outweighs its revenue generation, its finances are also negatively compounded by the interest payments needed to maintain its debt. Total national debt now sits at more than $38.5 trillion. U.S. GDP is about $31 trillion, according to the Federal Reserve Bank of St. Louis.

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Posted in America/U.S.A., Budget, History, Medicare, Social Security, The National Deficit, The U.S. Government

Wednesday food for Thought from Gerd Gigerenzer–On Leadership and self-protection

‘In large corporations and administrations, justification and self-protection have become the primary motive in place of achievement. In this world, intuition is not talked about openly, but relied on surreptitiously.’

–Gerd Gigerenzer, The Intelligence of Intuition (Cambridge: Cambridge University Press, 2023)

Posted in Anthropology, Corporations/Corporate Life, Education, Ethics / Moral Theology, Parish Ministry, Politics in General, Psychology

(NYT op-ed) Esau McCaulley–At These Olympics, Which America Are We Cheering For?

I am not given to sentimental displays of patriotism. I own a Team U.S.A. soccer jersey because I love the sport, but that may be my only apparel featuring the flag. I have been to my fair share of Fourth of July parades and fireworks displays, but I am also familiar with Frederick Douglass’s 1852 speech, “What to the Slave is the Fourth of July?” which was delivered on July 5 to acknowledge those not included in the freedoms celebrated on July 4.

Douglass contrasted the lauding of freedoms won while enslaving large portions of the populace. He said, “The blessings in which you, this day, rejoice, are not enjoyed in common. The rich inheritance of justice, liberty, prosperity and independence, bequeathed by your fathers, is shared by you, not by me. The sunlight that brought light and healing to you has brought stripes and death to me.” This Fourth of July, he said, “is yours, not mine. You may rejoice, I must mourn.”

Like many of us, I know well our country’s contradictions.

Despite this, I am a sucker for the Olympics. Seeing our athletes decked out in the red, white and blue during the opening ceremony, or witnessing their tears on the podium as the anthem plays, stirs even my heart, almost despite myself. I experience something approaching national pride when my fellow citizens accomplish feats far beyond my ability.

With the Winter Games kicking off, this year feels different. The shame I feel for how our country is treating its citizens — and those who long to be its citizens — is hard to ignore….

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I will take comments on this submitted by email only to KSHarmon[at]mindspring[dot]com.

Posted in America/U.S.A., Anthropology, Ethics / Moral Theology, History, Immigration, Italy, Office of the President, President Donald Trump, Race/Race Relations, Sports

(First Things) Frank Devito–Goodbye, Childless Elites

The U.S. birthrate has declined to record lows in recent years, well below population replacement rates. So the news that the vice president and second lady are having a fourth child is welcome—and significant—news indeed, for several reasons.

First, there is a great cultural importance to influential people having more children. Even in local communities, pregnancy can be “contagious” because humans are social animals. When one lives in a career-minded metropolis where couples having only one or two children (if any) is the norm, there can be intense pressure to fit in and focus on careers, nights out, travel, accumulation of goods, and so forth to avoid having children. Conversely, visit any thriving church community and observe how, when large families are the norm, people who join that community are more likely to have more children themselves.

The effect could very well work at scale. When our leaders (from statesmen to idolized celebrities) do not marry and have children, there is a message coming from the top that avoiding children is a behavior to be imitated. So when our most visible leaders make the choice to be open to life and welcome new children, there could be a meaningful cultural effect. JD Vance is the vice president, likely the next Republican candidate for president, and therefore the soon-to-be leader of the post-Trump GOP. Perhaps a public announcement welcoming a fourth child coming from one of the most prominent and powerful people in the country will start to change the cultural norm back to welcoming more children. As Katy Faust said in response to the news, “four is the new two.” 

But there is another important takeaway from the Vance baby announcement. The Vance family draws a stark contrast to what the vice president has long lamented: a disturbing trend of a childless ruling class. 

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Posted in * Culture-Watch, America/U.S.A., Anthropology, Children, Ethics / Moral Theology, Marriage & Family, Politics in General, Psychology, Theology

(Economist) Elon Musk is betting his business empire on AI

Those who believe in Elon Musk are convinced both by his vision to go where no one has ventured before and his ability to pay for it—what some call the “Elon backstop”. Mr Musk’s announcement on February 2nd that he will merge SpaceX, which builds rockets and sells satellite broadband, with xAI, his artificial-intelligence lab, was not short of ambition. The world’s richest man declared that the new company would “extend the light of consciousness to the stars”. Back on Earth, however, it is getting harder to see how Mr Musk’s numbers add up.

The transaction values the new entity at $1.25trn; investors in SpaceX will be entitled to 80%, with the remainder going to xAI’s owners (Mr Musk holds a controlling stake in both). The stated rationale behind the tie-up is that the companies will work together to launch a fleet of data centres into space, giving xAI a big advantage in the race to develop cutting-edge models while furnishing SpaceX with a new line of business. More immediately, combining the two could further boost interest in a public listing expected this summer.

By bringing SpaceX and xAI together, however, Mr Musk is saddling a money-spinning space champion with a loss-making AI laggard. At the same time, he is reshaping Tesla, the carmaker he runs, into a “physical-AI company” focused on self-driving taxis and humanoid robots. If the latest wave of AI proves as transformative as some expect, these bold gambles might just pay off. If not, Mr Musk’s business empire could well be in jeopardy.

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Posted in * Economics, Politics, Corporations/Corporate Life, Economy, Science & Technology, Stock Market

(FT) Russian spy spacecraft have intercepted Europe’s key satellites, officials believe

European security officials believe two Russian space vehicles have intercepted the communications of at least a dozen key satellites over the continent.

Officials believe that the likely interceptions, which have not previously been reported, risk not only compromising sensitive information transmitted by the satellites but could also allow Moscow to manipulate their trajectories or even crash them.

Russian space vehicles have shadowed European satellites more intensively over the past three years, at a time of high tension between the Kremlin and the west following Moscow’s full-scale invasion of Ukraine.

For several years, military and civilian space authorities in the west have been tracking the activities of Luch-1 and Luch-2 — two Russian objects that have carried out repeated suspicious manoeuvres in orbit.

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Posted in Europe, Foreign Relations, Russia, Science & Technology

(NYT) president Trump Picks Kevin Warsh as Next Federal Reserve Chairman

President Trump announced on Friday that he was nominating Kevin M. Warsh to serve as the next chair of the Federal Reserve, positioning the former central bank governor to take a pivotal role in steering an institution that has faced a barrage of attacks from the administration over its reluctance to more aggressively lower interest rates.

In a post on Truth Social, Mr. Trump praised Mr. Warsh, saying, “He will go down as one of the GREAT Fed Chairmen, maybe the best.”

“On top of everything else, he is ‘central casting’ and will never let you down,” the president wrote.

Mr. Trump repeated that line during remarks at the White House and said that while he did not get a commitment from Mr. Warsh to cut rates, he expected that he would do so.

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Posted in * Economics, Politics, Economy, Federal Reserve, Office of the President, Politics in General, President Donald Trump, The U.S. Government

(FT) Investors bet on ‘hot’ US economy heading into midterm elections

Investors are betting the Trump administration will run the economy “hot” ahead of midterm elections, with buoyant stocks and a weaker dollar reflecting expectations of strong growth and rising inflation.

A string of robust economic data has defied predictions of a slowdown in the US, sending credit spreads to the tightest levels of the century and helping stocks hit fresh record highs this month.

At the same time, fund managers said there is a growing belief that President Donald Trump’s tax cuts, deregulation push and campaign for lower interest rates will add more fuel to the economy this year, as the president seeks to bolster support ahead of November’s congressional polls. “There is a carefully engineered plan to have the US economy humming into the summer,” said Arif Husain, head of global fixed income at T Rowe Price.

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Posted in * Economics, Politics, America/U.S.A., Economy, President Donald Trump

(FT) Janan Ganesh–Always beware a declining superpower

The line from Thucydides, “The strong do what they can and the weak suffer what they must”, is getting quite the airing of late. You are meant to nod gravely along to it, as though it expresses a bitter but universal truth about international relations.

Does it, though? The phrase implies that a country becomes more aggressive as it grows more powerful. Well, the US was never mightier than it was around the time of Trump’s birth in 1946, when it made half of the manufactured goods in the world and had a nuclear monopoly too. With all this power, the US didn’t “do what it could” to the weak. Instead, it set up the Marshall Plan and Nato, those masterpieces of enlightened self-interest. It rebuilt Japan and Germany as pacifist democracies. The belligerent turn in American behaviour has in fact come during its relative decline.

Leadership explains some of this, in that Harry Truman was “better” than Trump, but only some. The rest is structural. It is easier for a nation to be magnanimous from a great height. Paranoia and aggression set in when that position slips. As such, we should expect a volatile US until it gets used to the role of being a, not the, superpower. Britain and France got there in the end, despite having to fall much further.

No one ever quotes the other bit of the famous Dylan Thomas poem about decline. After nagging the reader to “rage against the dying of the light”, he concedes that giving up makes more sense: “wise men at their end know dark is right.”

Read it all (subscription).

Posted in America/U.S.A., Globalization, History, Politics in General, President Donald Trump

(WSJ) Walter Russell Mead–At Davos, Trump Presses His Case on Greenland

 Mr. Trump is a performer, not an orator, and the rambling monologues he delivers bear little resemblance to Pericles’ tightly worded speeches. Still, even as the president repeatedly confused Greenland for Iceland, drifted into irrelevant anecdotes, and scattered inaccurate statistics, he owned the room and everyone in it. But entertaining isn’t persuading, and Mr. Trump won few hearts and minds in Davos….

The West is going through a period of deep and disruptive change, and the political establishments on both sides of the pond have been shaken to the core. More disruption is coming as the accelerating tech revolution transforms our economies and external challengers press ahead with their revisionist projects. Under the circumstances, changes within the Western alliances are unavoidable. But change doesn’t have to mean dissolution.

NATO Secretary-General Mark Rutte seems to grasp this. Mr. Trump emerged from a meeting with Mr. Rutte following the speech to post on Truth Social that they had found the basis for a long-term agreement over Greenland that met key White House demands. For now at least, the trans-Atlantic alliance has survived.

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Posted in Denmark, Europe, Foreign Relations

(ISW) Russian Offensive Campaign Assessment, January 20, 2026

Russian Foreign Minister Sergey Lavrov reiterated the Kremlin’s commitment to its original war demands against the background of expected peace talks at the World Economic Forum in Davos, Switzerland on January 20, and falsely accused Ukraine of beginning the war by attacking Russia. Lavrov gave a speech and held a press conference outlining Russia’s foreign policy in 2025 and reiterated Russia’s commitment to addressing the so-called “root causes” of its war in Ukraine.[23] Lavrov and other Kremlin officials have repeatedly defined these “root causes” as NATO expansion and alleged discrimination against Russian people, the Russian language, and the Russian Orthodox Church (a Kremlin-controlled arm of influence) in Ukraine.

Lavrov also reiterated on January 20 the Kremlin’s rejection of any peace deal that does not cede all of “Novorossiya” to Russia and that provides Ukraine with security guarantees from Europe. Novorossiya is an invented region that the Kremlin often claims is “integral” to Russia and includes areas of eastern and southern Ukraine beyond the oblasts that Russia has illegally annexed. Lavrov explicitly rejected the US-Ukrainian-European 20-point peace plan and listed demands inconsistent with terms in the original US-proposed 28-point peace plan, including the demand for territories that go beyond those that Russia has illegally annexed. Lavrov also rejected a possible temporary or permanent ceasefire in Ukraine because Ukraine could “then attack the Russian Federation again” — falsely accusing Ukraine of having attacked Russia in the past, whereas Russia has been the one to initiate all military aggression against Ukraine.

Senior Kremlin officials, including Russian President Vladimir Putin, have repeatedly demonstrated that Russia will not be satisfied with a peace settlement that does not meet Russia’s uncompromising terms or that only pertains to Ukraine and does not radically restructure NATO. Lavrov’s January 20 statements set conditions for Russia to justify to domestic audiences its rejection of any terms that emerge from talks at the Davos Summit.

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Posted in Defense, National Security, Military, Foreign Relations, Military / Armed Forces, Russia, Ukraine

(1st Things) Richard John Neuhaus: Remembering, and Misremembering, Martin Luther King Jr.

As Abernathy tells it—and I believe he is right—he and King were first of all Christians, then Southerners, and then blacks living under an oppressive segregationist regime. King of course came from the black bourgeoisie of Atlanta in which his father, “Daddy King,” had succeeded in establishing himself as a king. Abernathy came from much more modest circumstances, but he was proud of his heritage and, as he writes, wanted nothing more than that whites would address his father as Mr. Abernathy. He and Martin loved the South, and envisioned its coming into its own once the sin of segregation had been expunged.

“Years later,” Abernathy writes that, “after the civil rights movement had peaked and I had taken over [after Martin’s death] as president of the Southern Christian Leadership Conference,” he met with Governor George Wallace. “Governor Wallace, by then restricted to a wheel chair after having been paralyzed by a would-be assassin’s bullet, shook hands with me and welcomed me to the State of Alabama. I smiled, realizing that he had forgotten all about Montgomery and Birmingham, and particularly Selma. ‘This is not my first visit,’ I said. ‘I was born in Alabama—in Marengo County.’ ‘Good,’ said Governor Wallace, ‘then welcome back.’ I really believe he meant it. In his later years he had become one of the greatest friends the blacks had ever had in Montgomery. Where once he had stood in the doorway and barred federal marshals from entering, he now made certain that our people were first in line for jobs, new schools, and other benefits of state government.” Abernathy concludes, “It was a time for reconciliations.”

Read it all (my emphasis).

Posted in America/U.S.A., Church History, History, Politics in General, Race/Race Relations, Religion & Culture

(WSJ) ‘A Massacre Happened’: The 24 Hours That Bloodied Iran

Late in the afternoon of Jan. 8, angry Iranians took to the streets in large numbers nationwide—from Tehran to Isfahan to the religious city of Mashhad and dozens of smaller cities and towns—chanting and spray-painting slogans that called for the fall of the Islamic Republic and “Death to the dictator.” 

This time, the regime forces were ready to play a more lethal role in quelling the protests. Paramilitary Islamic Revolutionary Guard Corps and the voluntary Basij militia in plainclothes were deployed in large numbers across the country, often armed with Kalashnikov assault rifles. In one instance in west Tehran, security forces were seen with a heavy machine gun mounted on a pickup truck, according to footage verified by Storyful,  which is owned by Journal parent News Corp.

From her campus, Aminian headed out with a group of friends to join a protest. The turning point came around 8:30 p.m. That’s when Iranian authorities shut down the internet across the country and escalated the crackdown, according to witnesses, relatives of victims and human rights groups.

“We are pretty confident that a massacre happened starting late Thursday night throughout the country,” said Hadi Ghaemi, executive director of the New York-based Center for Human Rights in Iran. “It was a complete war zone.”

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Posted in Death / Burial / Funerals, Ethics / Moral Theology, Foreign Relations, Globalization, Iran, Military / Armed Forces, Politics in General, Violence

(ISW) ‘The Iranian regime views the protests as a proto-revolution that it must crush completely and immediately’

The Iranian regime views the protests as a proto-revolution that it must crush completely and immediately. Some Iranians are resisting the regime, in some cases violently, which reinforces the regime’s view that the protests retain the potential to transform into a revolution. The regime will likely succeed in quelling this resistance if it can retain the loyalty of security forces and prevent those who are resisting the regime from acquiring the wherewithal to challenge the regime’s ability and willingness to sustain its crackdown. The regime has abandoned any effort it made in the beginning of this protest movement to distinguish between legitimate economic protests and illegitimate anti-regime protests. Iranian media and officials, including those who expressed sympathy for protesters in the beginning of this protest movement, are categorically describing protesters as “terrorists.”[1] Iranian Justice Minister Amir Hossein Rahimi stated on January 14 that any protester who has participated in protests after January 8—which is when the rate and scope of the protests expanded dramatically—is guilty of taking part in an “internal war.”[2] Rahimi’s statement highlights how the regime has stopped showing any tolerance toward protests, as it did to an extent in the beginning of the protest movement, and views any protest as a serious threat to the regime.

The extent and extremity of the regime’s use of violence to quell the protests further demonstrate that the regime views the protests as a proto-revolution. Reports from eyewitnesses and protesters in Iran describe an unprecedented degree of regime brutality toward protesters. Iranians told BBC Persian on January 11 that the scale of deaths and injuries in the current protest movement is “unprecedented and incomparable” to previous protest waves.[3] Amnesty International reported on January 14 that regime security forces have committed “unlawful killings…on an unprecedented scale.”[4] Western media outlets have reported protester death toll estimates between 2,000 and 20,000.[5] These numbers surpass the approximately 1,500 protesters who were killed in 2019 and approximately 550 protesters who were killed during the 2022-2023 Mahsa Amini movement.[6] A US-based human rights organization also estimated that the regime has arrested over 10,000 individuals in the current wave of protests thus far.[7] The regime previously arrested around 7,000 individuals in the 2019 protests and 20,000 individuals during the Mahsa Amini movement. The regime arrested 20,000 individuals over a roughly three-month period, whereas the regime has arrested 10,000 individuals in the past two and a half weeks.

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Posted in Death / Burial / Funerals, Iran, Military / Armed Forces, Politics in General, Violence

(WSJ) Presidnt Trump Wants to Run the Economy Hot. There’s a Good Chance He’ll Succeed.

Most years, presidents don’t have much impact on the economy; it is just too big and complicated.

This year won’t be like most years. President Trump is taking unprecedented steps to run the economy hot, and there is an excellent chance he’ll succeed.

Washington has three big levers that affect growth: fiscal policy (taxes and spending), monetary policy (interest rates) and credit policy (the ease of borrowing). Historically, they were not coordinated: Fiscal policy followed the congressional cycle, monetary policy was set by an independent Federal Reserve and credit policy reflected often random decisions by regulators.

This year, all three are dialed toward stimulus, reflecting a single-minded focus by Trump and congressional Republicans on faster economic growth. They hope that will deliver victory in the November midterm elections.

In the process, they are compromising other goals: taming debt, Fed independence and long-term financial stability. The consequences of that come later.

Read it all.

Posted in * Economics, Politics, America/U.S.A., Economy, President Donald Trump

(Economist) Why Arab states are silent about Iran’s unrest

The last time Iran was convulsed by nationwide protests, in 2022, the Arab world was transfixed. The Islamic Republic had spent decades building a network of powerful allies that came to dominate the region. Many Arabs wondered if the prospect of regime change in Tehran offered a chance to throw off Iran’s yoke in their own countries.

Pan-Arab news outlets, often funded by Gulf monarchies, egged on the protests with sympathetic, round-the-clock coverage. Arab diplomats kept their counsel in public but sounded ebullient in private. At one point Hossein Salami, the commander of Iran’s Islamic Revolutionary Guard Corps, accused Saudi-backed media outlets of inciting further unrest and demanded that the kingdom rein in their coverage. “Otherwise you will pay the price,” he warned.

The protests in Iran today arguably pose an even greater threat to the regime than those in 2022—yet the reaction in the Arab world has been surprisingly muted. Evening-news broadcasts this month have been led, routinely, by stories other than Iran. Many officials sound nervous when they comment, if they say anything at all. Two things account for the change in tone: Iran’s diminished status, and the Gulf’s growing fear of chaos.

The Israeli wars that followed the massacre of October 7th 2023 have wrecked Iran’s network of proxies. Hizbullah, its once-powerful ally in Lebanon, has been badly weakened and still faces near-daily Israeli air strikes. Bashar al-Assad’s pro-Iranian regime in Syria is no more. Iran itself is reeling from 12 days of Israeli and American bombardment in June. As for Salami, he no longer makes threats: he was killed by an Israeli air strike at the beginning of that war.

All of this makes the fate of the Islamic Republic seem less urgent.

Read it all.

Posted in Foreign Relations, History, Iran, Middle East

(SCMP) China creates world’s first clone-hybrid rice that could double global output

Chinese researchers have developed a form of hybrid rice that can replicate itself through seeds that are clones, preserving high-yield traits generation after generation, according to the development team. The scientists say their breakthrough could transform global agriculture by dismantling the biggest barrier to hybrid rice production: the need for farmers to buy expensive new hybrid seeds every season.

As hundreds of millions of people around the world face acute food insecurity, hybrid rice has promised dramatically higher yields: nearly four times more in parts of Africa compared to traditional varieties. If all rice farmers could plant the new hybrid variant, the world’s rice production could double, according to some industry estimates.

Read it all.

Posted in * Economics, Politics, China, Globalization, Science & Technology

Church of England offers online Christmas service for shift workers

An online Christmas service designed for people working shifts will be released on the Church of England website at 6 a.m. on Christmas Day.

Lasting 15 minutes, so that it can be watched in the course of a break from work, the service was created in response to a request by hospital chaplains, and includes a Gospel reading, sermon, prayers, and music.

The Bishop of London, the Rt Revd Sarah Mullally, features in the service. A former nurse, and Chief Nursing Officer for the NHS, she says that she has “fond memories” of working on Christmas Day.

“Although not always easy, it is a privilege to be with people who need us most at this time. And of course, we receive so much from them too.”

Read it all.

Posted in Blogging & the Internet, Christmas, Labor/Labor Unions/Labor Market, Liturgy, Music, Worship, Parish Ministry, Religion & Culture, Science & Technology

(Gallup) Americans End the Year in a Gloomy Mood

The poll…finds 24% of Americans satisfied and 74% dissatisfied with the way things are going in the country, which is unchanged from November but more negative than all other readings since January. As recently as May, 38% of U.S. adults were satisfied. Satisfaction levels remain slightly higher than at the end of the Biden administration.

Declining satisfaction has coincided with worsening views of the economy in recent months. Gallup’s Economic Confidence Index currently sits at -33, which is down 10 points from October and 19 points from June, and is the lowest it has been since registering -35 in July 2024. The index summarizes Americans’ evaluations of current economic conditions and their perceptions of whether the economy is getting better or getting worse. It has a theoretical range of -100 to +100.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Psychology, Sociology

(FT+ISW) False reports are likely shaping Russian President Vladimir Putin’s understanding of the battlefield situation

False reports are likely shaping Russian President Vladimir Putin’s understanding of the battlefield situation. The Financial Times (FT) reported on December 22 that two unspecified officials stated that Russian military and security authorities regularly give Putin updates that inflate Ukrainian battlefield casualties, highlight Russia’s resource advantages, and downplay tactical failures.

FT reported that Russian Chief of the General Staff, Army General Valery Gerasimov, is responsible for briefing Putin about the war. The sources reportedly stated that the “rosy picture” that military officials paint during their briefs has led Putin to believe that Russia can win the war. FT stated that the sources noted that Putin regularly meets with “confidants” who tell him that the war has become a “growing drag” on the Russian economy, however.

The Washington Post reported on December 22 that a Russian official stated that a banking or non-payments crisis in Russia is possible and that they do not “want to think about a continuation of the war or an escalation.” A Russian academic source close to senior Kremlin diplomats told the Washington Post that 2026 will be the “first difficult year” since the start of the full scale invasion but assessed that growing economic problems will not lead to social or political problems.

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Posted in Defense, National Security, Military, Foreign Relations, Military / Armed Forces, Politics in General, Russia, Ukraine

(WSJ) How China Built an Arms Industry to Rival the West

In 2016, Beijing launched a new aerospace conglomerate called Aero Engine Corp. of China. It had a challenging mandate: to develop top-line aircraft engines, a technology China had long struggled to master.

Less than a decade later, Beijing’s newest stealth fighters are entering service with what officials call “Chinese hearts,” or indigenously made engines.

The progress marked a milestone in China’s quest to forge an arms industry worthy of a rising global power. For years, China’s rise obscured a sobering reality: It couldn’t make all its own weapons.

Beijing is now not only producing its own armaments, it is also selling more abroad. In some military technologies, China appears to be matching major arms producers such as Russia and the U.S., or even pulling ahead.

The ability to churn out advanced armaments is a key element in Chinese leader Xi Jinping’s vision of making his country less reliant on the outside world for everything from food and energy to semiconductors. A more self-sufficient China is essential for preventing Western nations from locking it into a strategic stranglehold, Xi has argued.

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Posted in China, Defense, National Security, Military, Globalization, Science & Technology

(NYT) 3 Americans Killed in ISIS Attack in Syria, Trump Says, Vowing to Retaliate

President Trump vowed on Saturday to retaliate against the Islamic State after an attack in central Syria killed two U.S. Army soldiers and a civilian U.S. interpreter, the first American casualties in the country since the fall of the dictator Bashar al-Assad last year.

“This was an ISIS attack against the U.S., and Syria, in a very dangerous part of Syria,” Mr. Trump wrote on Truth Social. “There will be very serious retaliation.”

The soldiers were supporting counterterrorism operations against the Islamic State group in Palmyra, a city in central Syria, when they came under fire from a lone gunman, according to American officials. Syrian security forces subsequently killed the gunman, American and Syrian officials said.

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Posted in America/U.S.A., Death / Burial / Funerals, Defense, National Security, Military, Foreign Relations, Globalization, Military / Armed Forces, Politics in General, Syria, Terrorism

(FT) US has failed to stop massive Chinese cyber campaign, warns senator

Chinese intelligence is continuing a massive hack of US telecom networks in a cyber campaign that allows it to access the communications of almost every American, according to a top Democratic senator. Senator Mark Warner, the top Democrat on the Senate intelligence committee who recently got a briefing on the extensive cyber campaign known as “Salt Typhoon”, said China was still infiltrating the US system.

“I believe they are still inside [our networks],” Warner told a Defense Writers Group event. Warner said he received a “really frustrating” government briefing with conflicting accounts about the Trump administration’s response to Salt Typhoon. According to the senator, the FBI said US networks were “pretty clean” despite contradictory evidence from several intelligence agencies.

“Other parts of our community are saying, ‘Hell no, it’s still going on’,” said Warner, who added that he had eight documents from agencies raising concerns about Salt Typhoon which has been ongoing for at least two years. “It is baffling to me that this is not a bigger issue,” said Warner, who lamented that it might take some kind of “catastrophic event” before the US government became more serious about tackling Salt Typhoon.

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Posted in America/U.S.A., China, Ethics / Moral Theology, Foreign Relations, Globalization, Politics in General, Science & Technology