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Japanese carmakers including Toyota are using surging sales and profits from hybrids to fund a push in electric vehicles.

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Robert Lighthizer says fair trade is not enough, trade has to be balanced. If a country is running chronic surpluses for decades that is not fair or balanced trade. That country with such chronic surpluses is protectionist by nature and is following beggar thy neighbor policies.

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Salvador Illa of the Socialist party, ally of prime minister Pedro Sanchez of Spain, wins 28% of the vote. with 42 seats his party is the largest in Catalan assembly. He will need 68 votes to form a majority government. It opens a new chapter in Catalonia after efforts to form an independent Catalonia by some parties. Socialist party PSC campaigned for amnesty for parties connected to Mr. Puigdemont and for investment in public services to improve the lives of all Catalans within Spain with respect for diversity of opinion.

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The author of the study Youth in Germany Kilian Hampel says, German youth after the pandemic have increasing stress about soaring housing costs, inflation, war in Ukraine, and fears about old age poverty. This is similar to what is happening in the US. This will be a factor in the European elections. Though a lot is written about far right parties. Much of the work that remains is about ensuring fairness, and equity, tackling inflation and building housing. This needs greater investment than Germany is today undertaking. Much of the Greens and Socialist party plans to invest in the last federal election were stalled when they did not get a majority and had to depend on the FDP which is too conservative for making the investments needed in the economy. In the US Biden forged abipartisan effort and invested heavily in Republican areas in the south and west. A similar task is needed in Germany including investing in the East and in education, healthcare and building new infrastr ...