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Man charged with theft of $1 million in collectible cars from former LA County employer
A former employee of Chatsworth-based MGA Entertainment was charged on Tuesday with allegedly stealing $1 million in die-cast model car collectibles from the company.
“The last of the gentlemen Republicans”: John Cornyn’s four-decade political career ends with a MAGA uprising
A former state Supreme Court justice, Texas attorney general and a four-term U.S. senator, Cornyn had held on in the Republican Party as it transformed from the party of Bush, to the Tea Party movement and eventually the dominion of Trump.
Former Greek anti-austerity leader Alexis Tsipras steps back into politics
ATHENS, Greece (AP) — Alexis Tsipras, the combative Greek anti‑austerity leader who railed against Brussels during the country's debt crisis, returned to politics Tuesday ahead of elections next year.
Former Greek anti-austerity leader Alexis Tsipras steps back into politics
Alexis Tsipras, the combative anti‑austerity leader who railed against Brussels during Greece’s debt crisis, has returned to politics ahead of elections next year. The former prime minister...
Former Braves star Bob Horner passes away at age 68
Another influential Braves figure passes away in 2026
J&J recalls certain heart pump controllers due to hardware issues
This is a Class I recall, according to the FDA. Care teams may need to send in their equipment so that specific hardware updates can be performed.
Former Greek anti-austerity leader Alexis Tsipras steps back into politics
Alexis Tsipras, the combative anti‑austerity leader who railed against Brussels during Greece’s debt crisis, has returned to politics ahead of elections next year
Former Greek anti-austerity leader Alexis Tsipras steps back into politics
Alexis Tsipras, the combative anti‑austerity leader who railed against Brussels during Greece's debt crisis, has returned to politics ahead of elections next year.
Mara Wilson reveals what keeps her from returning to Hollywood 2 decades after 'Matilda': 'I don't really want to do that'
The former child star is known for movies such as "Matilda" and "Mrs. Doubtfire."
Brazil's Flávio Bolsonaro leans into Trump connection as scandal shakes his presidential bid
Brazilian Sen. Flávio Bolsonaro is in Washington, leaning on his family’s connection with former U.S. President Donald Trump
Former Razorback star receiver Anthony Lucas to speak at Hawgs Illustrated Sports Club luncheon
Former Arkansas star wide receiver and new Fayetteville Bulldogs head coach Anthony Lucas will be the guest speaker at the June 3 Hawgs Illustrated Sports Club luncheon.
Redistricting shuffle: CD 20 candidate drops out, backs former rivals, blasts Debbie Wasserman Schultz
‘This seat should never become a political fallback plan or a vehicle for political survival.’
Is Panthers' Jonathon Brooks healthy enough to serve as RB2?
Carolina drafted the former Texas running back in the second round of the 2024 NFL Draft, but he endured his second knee surgery.
Rahm Emanuel, a Possible 2028 Contender, Calls for Higher Education Reforms
Republicans have made gains with voters on education issues. A plan championed by Mr. Emanuel, a Democratic former mayor of Chicago, centers on college affordability.
REAL TIME REVOLUTION®: The Science of Defense
During this two-day event, examine Americans work on outfitting armed vessels on Lake Champlain and entrenching strategic locations across the Ticonderoga camp. See how officers in the Continental Army applied centuries of military science that informed Americans’ defense of liberty.Fleet & Fortification programming is included in your General Admission ticket! Tickets are valid for two consecutive days.
Politics & Power: How thousands of departures from the DOJ are reshaping justice
A rapid, high‑profile exodus of experienced DOJ attorneys has drained legal expertise, shifted enforcement priorities, strained remaining staff, and prompted growing concern from judges, former officials and legal observers about the department’s capacity and credibility.
Megyn Kelly Claims Trump Has Cheated On Every Wife Including Melania
The former Fox News host also brings up shocking past accusation against the president.
Megyn Kelly Claims Trump Has Cheated On Every Wife Including Melania
The former Fox News host also brings up shocking past accusation against the president.
Entertainment is Alive in Van Wert…Celebrating a Community Cornerstone
Since opening its doors in 2007, the Niswonger has welcomed hundreds of artists, performers, comedians, Broadway productions, symphonies, and community events to its stage
Cherries making Europe is 'beyond imaginable'
Former Bournemouth midfielder Joe Partington says it is "absolutely insane" that the Cherries will be playing in the Europa League next season and the feeling is "surreal". In Andoni Iraola's final game in charge of the club, Bournemouth confirmed their place in Europe next season for the first time in their history.
Former Badgers basketball star Sam Dekker turns to coaching
After 11 pro seasons in the NBA and overseas, Dekker will become an assistant coach for the University of South Carolina Gamecocks.
Clark makes dad assistant in first management job
Nicky Clark appoints his father Sandy as an assistant as the former Rangers and Dundee United striker starts his first management job with Queen of the South.
8 former CDC directors: Reform PEPFAR, don’t dismantle it
A State Department plan scheduled to be implemented June 1 would strip the U.S. of decades of disease defense, write eight former CDC directors.
Decathlon's 'Sports Utsav 2026' Celebrates Movement, Engaging 200K+ Participants Across 125 Stores Pan-India
Decathlon Sports India, the leading multi-specialist sports brand, successfully concluded its flagship event, Sports Utsav 2026. This first-of-its-kind nationwide celebration of sports participation transformed 125+ Decathlon stores across 60 cities into vibrant sports playgrounds for families, beginners, sport enthusiasts and athletes.
BTS concerts bring surge in business to Las Vegas Chinatown
K-pop supergroup BTS performed at Allegiant Stadium this weekend with shows Saturday and Sunday, bringing a significant boost to businesses in Chinatown.
Former Michigan Gov. Rick Snyder, led state from 2011 to 2019
Rick Snyder served as the 48th governor of Michigan from January 1, 2011, to January 1, 2019. He served two terms and was succeeded by Gretchen Whitmer.
Area malls grapple with closures of former ‘anchors’
The shutdown this month of the Saks Fifth Avenue department store chain leaves a dozen retail landlords with hundreds of thousands of square feet to refill or repurpose, and has retail experts rethinking the traditional mall anchor store.
Underlying Numbers Finally Pay off for Pirates' Henry Davis
A clutch home run for the Pittsburgh Pirates rewards former top pick Henry Davis's disciplined approach.
Former Texas A&M standout named Broncos' most promising UDFA
The Denver Broncos signed several UDFAs following the 2026 NFL Draft, but there's one who stands above the rest.
Myrtle Beach dedicates Vietnam Veterans Memorial at Warbird Park
Over a thousand people gathered to celebrate the opening of the veterans memorial at Warbird, which sits very close to where the front gate of the former Myrtle Beach Air Force Base was located.
Oilers Sign Finnish Forward Aku Raty
Fresh off a dominant point-per-game season in Finland, the former Coyotes draft pick returns to North America on a two-way deal to bolster Edmonton's offensive depth.
Former head nurse turns business owner after moving to America
One long time restaurant manager finally got a chance to own her own restaurant. Yaqui Dai, who owns Gotcha Smokehouse Bar-B-Que said it’s been difficult, but her dreams have been fulfilled.
Lionel Messi To Lazio? Former Barcelona Teammate Reveals His Pitch
Ex-Barcelona winger Pedro has disclosed that he actively tried to persuade former team-mates, including Lionel Messi and David de Gea, to join Lazio.
Former Rep. Joe Cunningham says Democratic party is going through a ‘growing pain’
Politics, Pubs, Parades, and the Parish: Senator Bernie Kenny, Part IV
Former Senator Bernie Kenny of Hoboken in this fourth and final edition of Politics, Pubs, Parades, + the Parish ties together Irish heritage
Semiconductor decoupling. Powell's politics. Industrializing Ogaden. Free trade and the Magna Carta.
Thank you for opening your Chartbook email. Feliks Topolski, 1907-1989 8th Army’s Front, Italy 1944 Semiconductor decoupling Source: FT One thing that Jerome Powell deeply understood is that chairing the Fed under current conditions is a deeply political job. “Powell has successes and mistakes to his name. But he stands out as having thought more carefully about the Fed’s democratic legitimacy than any chair since Paul Volcker,” said Paul Tucker, a former deputy governor at the Bank of England, referring to the Fed chair who successfully fought the great inflation of the 1970s and early 1980s. … While Powell was at the Treasury in the early 1990s, he watched Alan Greenspan build relationships within the government. That convinced Powell he needed to follow the former Fed chair’s lead and spend more time in Congress than his predecessors Yellen and Bernanke. “The accountability for the Fed runs through Congress,” said Claudia Sahm, a former Fed official who is now chief economist at New Century Advisors. “That’s not just about having people on speed dial — it’s answering questions, explaining policy and getting feedback.” Source: FT Ethiopia’s PM Abiy and Nigerian business tycoon, with Chinese engineering, are driving industrialization in Ogaden/Somali region of Ethiopia. - Michael Masri’s reporting for Africa Report if fascinating. Ethiopia has launched a cluster of large industrial schemes in the Somali region, laying foundation stones for a urea plant and an oil refinery in Gode while opening the first two phases of the Ogaden LNG project. Abiy Ahmed framed the push as part of a broader strategy to link energy, agriculture and industry. “These projects embody more than industrial growth,” he said. “They represent our shared responsibility to harness opportunities, strengthen co-operation and promote peace.” The Gode urea plant, backed by Dangote Group and Ethiopian Investment Holdings (EIH), is designed for 3m tonnes a year. Dangote owns 60%, while EIH holds 40%. Officials say Dangote’s equity totals about $2.5bn, while the state provides land and implementation oversight. Gas from the Calub fields will be piped 108km to the site. Construction is slated for 40 months, with operations targeted for 2028. Ethiopia imports most of its fertiliser, spending more than $1.2bn a year for 1.5m–2m tonnes. Usage was roughly 1.7m tonnes in 2023, almost half of it urea, and demand for 2024–25 is put above 2.4m tonnes. If delivered on time, the Gode plant could cover domestic needs and allow exports to neighbours. Brook Taye, chief executive of EIH, called the venture “a significant milestone in the journey toward industrial self-sufficiency”. Dangote told the groundbreaking crowd that the complex would be integrated with gas supply and a polypropylene unit to support local inputs. He pointed to Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), with a capacity of more than 5,000MW, and noted his group’s cement operations and expansion plans. The Gode refinery is being developed by Golden Concord Group of China. It is designed to process 3.5m tonnes a year of crude and condensate from the Hilala field, with associated storage. Backers say it will ease foreign-exchange pressure from fuel imports and anchor further industrial activity, including a proposed steel smelting site in Dire Dawa. GCL’s chair, Zhu Gongshan, cast the project as “a key step in Ethiopia’s path to energy sovereignty”, underscoring the Beijing–Addis ties. Financing details are still being finalised, but the refinery is central to the government’s energy-security narrative. Source: The Africa Report Dangote’s Ethiopian vision: Dangote began with cement. His crown jewel, Dangote Cement, dominates Nigeria’s market and has 10 operations in other nations in Africa. The formula has been consistent: identify sectors with chronic shortages – cement, fertiliser, sugar – commit massive local investments, and scale up to serve regional demand. Ethiopia was a natural extension of that model. In 2015, Dangote launched the Mugher Cement Plant outside Addis Ababa at a cost of $600m, with an annual capacity of 2.5 million tonnes. The investment gave him a firm foothold in one of Africa’s fastest-growing construction markets. But success came with risks. In May 2018, violent unrest led to the killing of Dangote’s country manager and temporary shutdowns at Mugher. While other investors might have retreated, Dangote doubled down. Today, he is preparing to spend $400m to expand Mugher’s capacity to 5 million tonnes, alongside a new grinding unit near Addis Ababa. Cement is just one market Dangote is targeting. Ethiopia’s enormous state-controlled sugar industry, long plagued by inefficiency and debt, has struggled for years to reform. Its Omo Kuraz Sugar Development Project, touted as one of the continent’s largest initiatives, continues to face delays and mismanagement. … The most ambitious venture of all is the planned fertiliser production complex in Gode, Somali region. Publicised on 28 August 2025, the Dangote Group and Ethiopian Investment Holdings (EIH) deal plans one of the world’s largest single-site urea manufacturing plants. The project costs an estimated $2.5bn and has an estimated capacity of 3 million metric tonnes annually, a rate that would not only render Ethiopia independent, but even a net exporter of fertiliser. EIH, the state wealth fund of Ethiopia, will hold 40%, while 60% is held by Dangote Group. … For Dangote, Ethiopia is a trifecta: Cement demand is projected to grow by 10% annually, its sugar consumption is growing with rapid urbanisation, and fertiliser demand is all but insatiable, given that farming supports the livelihood of 70% of Ethiopians. Source: The Africa Report The stakes for Abiy are high: For Addis Ababa, the $4bn fertiliser project in Ethiopia’s Somali region is no longer simply a manufacturing investment. It is increasingly being framed as a strategic state project tied to food sovereignty, import substitution and the government’s broader attempt to build economic resilience under mounting fiscal pressure. “Becoming self-sufficient in food is our main agenda,” Abiy says during the visit. “Land is needed; we have it. Water is needed; we have it. Human resources are needed; we have it.” The scale is enormous even by African industrial standards. Once operational, the plant is expected to produce three million metric tonnes of urea annually, potentially making it one of the continent’s largest fertiliser complexes. Ethiopian officials say the project now includes a 110km gas pipeline, a 120MW power plant, a polypropylene packaging facility and a two-million-tonne NPK blending plant. For a government grappling with chronic foreign exchange shortages, ballooning import bills and pressure on agricultural productivity, the numbers matter politically as much as they do economically. The decision to anchor the project in Gode is deliberate. Long viewed as peripheral to Ethiopia’s industrial economy, the Somali region is now being repositioned by the federal government as a future irrigation and agro-industrial corridor. Officials argue that the area’s vast land reserves and access to water could eventually support large-scale commercial farming capable of reshaping Ethiopia’s food economy. The government is simultaneously building housing infrastructure for about 5,000 residents near the plant, while officials project broader industrial expansion along the corridor. Abiy goes further, comparing the long-term revenue potential of the Gode development zone with Ethiopia’s flagship state enterprise. “The investments we are making in this Gode area, combined, will generate high revenue for Ethiopia, at par with Ethiopian Airlines,” he says. Source: The Africa Report Feliks Topolski 1907-1982 Topolski’s Chronicle, ‘Nazi Revival’, Vol. 8, Is. 1-2, 1960 HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. Photo by Jakub Dziubak on Unsplash If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Grim vision of drone warfare by Sylvie Kaufmann For contributing subscribers only. Subscribe The state of the art in Colbert-studies. Jean-Baptiste Colbert was Louis XIV chief minister from 1661 to 1683 and traditionally seen as an architect of absolutism and mercantilism. Alexander Hamilton later cited him as an inspiration in 1782. Now his legacy is disputed. Daniel Dessert, the chief critic, sees Colbert as the orchestrator not so much of an absolutist state as of an elite cabal. Would be great to have a good English-language review of this important debate. Source: lhistoire Didn’t know that the Magna Carta included free trade provisions Fighting for the right to the beach in Oregon in 1967: Source: Research Gate RAF Station – British and Polish Flags, c. 1940-45, The Ingram Collection Feliks Topolski, 1907-1989 ink and wash If you’ve scrolled this far, you know you want to click: Subscribe
House and Senate Republicans are at odds over Trump’s ‘anti-weaponization’ fund
House and Senate Republicans were fuming as they left Washington last week for a long holiday break. The source of the torment, however, was notably different on each side of the Capitol, and the d…
Miles Davis at 100: Musicians explain why he is the GOAT
It's Miles Davis' centennial, and fellow musicians discuss how the shapeshifting innovator transformed music over and over again and became more than a jazz legend. He's a cultural cornerstone.
He Name-Drops Ocasio-Cortez in His Bid for Congress. She Doesn’t Talk About Him at All.
Saikat Chakrabarti, Alexandria Ocasio-Cortez’s former chief of staff, is running in San Francisco to succeed Representative Nancy Pelosi, whom Mr. Chakrabarti irked with an incendiary tweet seven years ago.
Top performers in high school sports from May 18-23
Check out who the top athletes of the week were and what they accomplished.
The Vanderpump Hotel opens in Las Vegas with a completely fresh look
Entrepreneur Lisa Vanderpump launches her first Strip resort in May at the property formerly known as The Cromwell.
Trump’s former COVID adviser: US equipped to handle response to Ebola outbreak
A former adviser to President Trump during the COVID-19 pandemic said Sunday that the U.S. is equipped to handle an Ebola outbreak. “The U.S. right now does not have a confirmed head of the [Center…
Former Real Madrid Boss Alvaro Arbeloa Praises 'Extraordinary' Kylian Mbappe
Alvaro Arbeloa has issued a heartfelt farewell to Kylian Mbappe and the Real Madrid squad after stepping down from his role as head coach.
Eastern Congo sees a third attack on health centers treating Ebola
A local hospital official says that angry young men stormed a hospital treating Ebola patients at the heart of an outbreak in eastern Congo, demanding the bodies of their relatives.
Young men storm a Congo hospital treating Ebola patients to demand bodies of their kin
A local hospital official says that angry young men stormed a hospital treating Ebola patients at the heart of an outbreak in eastern Congo, demanding the bodies of their relatives.
BottleRock artists criticize Trump, spark anti-ICE chants
Concious hip-hop pioneers Arrested Development and performers Fred Armisen, Carrie Brownstein and Corin Tucker delivered some of BottleRock’s most political moments at BottleRock Napa Valley 2026.
Busta Rhymes brings anti-AI message to BottleRock
During his Napa festival debut, Busta Rhymes celebrated analog showmanship and blasted the technology he says is making performers lazy. See video here.
Markets take a collective break but politics continues
Numerous public holidays coalesce, SNP’s former CEO Murrell appears in Edinburgh court and Colombians go to the polls
Former Sixers' star among names excluded from front office search
Andre Iguodala won't be considered for Philadelphia's search for a new general manager.
Steelers' Broderick Jones Has Alarming 'Weight' Worry
A lingering neck injury and significant offseason weight loss leave the former first-round pick’s status in doubt as he fights for his future during a pivotal contract year.
Daytime TV Performer of the Week: ‘General Hospital’s Braedyn Bruner Proves Emma Is Anna’s Granddaughter & Robin’s Daughter
The 'GH' scribes entrusted Bruner with some heavy emotional material, as Emma explored the complexities of life, and the actress repaid that trust by delivering a heartfelt and honest series
Report Crespo targeted by Lazio and Parma as new coach
Hernan Crespo could be heading back to Serie A for his first top coaching job in Italy, with his former clubs Lazio and Parma said to be interested.According to Tuttomercatoweb, Crespo is looking for ...
How a man transformed his tool shed into a man cave and cigar lounge
Tyler Graham said his old tool shed was always "a disaster." He decided to transform the space into a man cave where he can enjoy whiskey and cigars.
Prince Harry and Meghan Markle Had a Secret U.K. Home Before Frogmore Cottage
Prince Harry and Meghan Markle once lived in a $3.3 million farmhouse in the Cotswolds. Learn more about their lesser-known former home, here.
Local business supports Humboldt Commons
Humboldt Commons, a project in design and development, is the result of community support and years of dedication by Life Plan Humboldt, a grassroots nonprofit formed by local residents who want more choices for aging well in Humboldt…
Agitators united by Chinese money, hate for America target data centers, experts warn
Experts warn climate activists, anti-Israel protesters and other movements have formed an anti-American alliance now targeting U.S. AI infrastructure.
Fmr. attorney of courthouse shooting suspect said she had 'significant mental health issues'
Former attorney of 57-year-old Gwendolyn White, the woman accused of shooting two attorneys outside the Wake County Courthouse on Friday, said the suspect suffered from mental health issues for years.
Arizona Cardinals OL Isaiah Adams has something to prove
This former third-round pick has something to prove in 2026 with the Arizona Cardinals.
Politics Unplugged (Full Episode) May 23, 2026
This week on Politics Unplugged, Colton Shone talks with former Navajo Nation President Jonathan Nez about his run for Congress and taking on Rep. Eli Crane in the fall. Then, consultants Marcus Dell’Artino and Chuck Coughlin discuss the incumbents ousted in Tempe and nationwide, with a Democratic Socialist elected to the Tempe City Council. Finally, Marcus and Chuck break down the investigation into former sheriff Mark Lamb, accused of inappropriate conduct with women online.
Former attorney of Gwendolyn White speaks out, calls for more mental health resources
Former Nintendo exec confirms NES and SNES Classics were made to sustain the company's business during Wii U's dark days
According to former Nintendo of America president Reggie Fils-Aime, the NES and SNES Classics were specifically made to help the company out during the end of the Wii U years. This may have been something that many have concluded on their own. That said, we haven’t heard about Nintendo comment on this in an official capacity. Nintendo was not in...
BYU’s final uncommitted portal departure has found a new home
Since BYU's first round NCAA tournament loss to Texas, eight Cougars players with remaining eligibility have entered the transfer portal. Only Rob Wright has withdrawn from the portal to stay at BYU, with each of the other seven players now having found new homes. The latest former Cougar to land elsewhere is guard Tyler Mrus, who announced his commitment to the Citadel Saturday via social media.
New business takes over former Rental Guys property in Citrus Heights
A new business which will focus on trailer rentals and sales is planning to open soon at the former site of Rental Guys and Aba Daba Rentals...
Fox Sports sees Texans as an ideal fit for former Steelers TE Jonnu Smith
No, the Houston Texans don't need another tight end entering OTAs, but there is a fit.
New Raiders coach's wild 5-word Brock Bowers description
Las Vegas Raiders head coach Klint Kubiak gave a complementary five-word description of former Georgia Bulldogs tight end Brock Bowers.
Followers of Bible-based diet say scripture-guided eating transformed their health
Some Christians are turning to the Bible for dietary guidance, following a healthy nutrition plan that eliminates processed food and prioritizes whole foods.
Protecting Purchased Goodwill: Sale-of-Business Restrictive Covenants Under National Scrutiny
Restrictive covenants entered in connection with the sale of a business occupy a different place than ordinary employment noncompetes. In a sale transaction, the buyer is not simply trying to limit a former employee’s next job. The buyer is paying for goodwill, customer relationships, confidential information, and the seller’s promise not to immediately undermine the value of what was sold.
Hegseth torches identity politics in West Point speech: ‘Can’t throw your pronouns at the enemy’
Defense Secretary Pete Hegseth delivered a commencement address at the U.S. Military Academy at West Point in the pouring rain on Saturday morning, in which he accused former “foolish and feckless …
Rising Stars to stage ‘Mystery at Main St. High’
Capitol Theatre Rising Stars will present “Mystery at Main St. High” May 24 in Rome with a cast of 50 student performers.
Jets fans have a clear choice for backup quarterback
Geno Smith is set to start at quarterback for the Jets in 2026. It still isn’t clear who QB2 will be for the team. Bailey Zappe was signed early in the offseason. The team picked Cade Klubnik out of Clemson in the fourth round of the NFL Draft. And former All Pro Russell Wilson remains […]
Myst and Riven remakes, the return of Bubsy and other new indie games worth checking out
Among the indie games we've seen worth checking out is a puzzle platformer inspired by mental health challenges and turning failures into progress.
A mistaken commutation and an over-the-top reaction
It seemed an itch that Gov. Jared Polis just had to scratch. After months of hints and speculation, Polis put his signature on a commutation of the prison sentence of Colorado’s election-denying queen, former Mesa County Clerk Tina Peters. True, Peters’s break was one of 44 commutations and pardons announced en masse by Polis late […]
Bond breakout? Big effects of bad data. Immigration and thermostatic politics & dad-chat is coming for dad-books.
Thank you for opening your Chartbook email. Anna Airy, A Shell Forge at a National Projectile Factory, Hackney Marshes, London, 1918 Bond breakout - John Authers Across the developed markets, bond markets are staging a slow-motion car wreck. Looking at the drastic moves in the US, Japan, the UK and France, Barclays’ Ajay Rajadhyaksha commented: “Last week, long bonds broke. Not in one country. In all of them. Simultaneously. Four countries. Four different political systems. Four different central banks. But the same trade — “get me out of duration!”” Each country has its own contributing political problems, but the uniformity of the shift out of long-term bonds with high duration makes clear that something broader is afoot. For Rajadhyaksha, it is “simple and uncomfortable.” The developed world “has too much debt, too little fiscal discipline, and no political appetite for fixing either.” If there’s a trigger, it has been the Iran war and the resulting shock to oil supply. Source: Bloomberg G7 countries are now borrowing at rates that were enjoyed by EM in the early 2020s For contributing subscribers only. Subscribe Trade between China and Russia has grown in recent years For contributing subscribers only. Subscribe Big effects of bad data A decade ago nearly nine in ten Americans, when approached, agreed to fill out the Current Population Survey, which is administered to about 60,000 households each month and asks about, among other things, employment. Fewer than seven in ten do so now (see chart 1). For the Consumer Expenditure Survey, which tries to capture 3,700 households monthly, the response rate is down from 68% to 40%. … When the information becomes less reliable, investment decisions get more difficult to make. Some may be delayed, creating a potential drag on the economy. A new working paper by Nicholas Bloom of Stanford University, Erica Groshen, former head of the Bureau of Labour Statistics (BLS) now at Cornell University, and Duncan Hobbs and Michael Strain of the American Enterprise Institute, a think-tank, hazards an estimate. Preserving trust in “the integrity and quality of official statistics”, the authors claim, generates economic benefits of about $25 for every $1 spent on the BLS, the agency with an annual budget of $700m that is responsible for many of these data. To arrive at their conclusion the quartet analysed an ignoble episode in the BLS’s recent history. On August 1st 2025 Donald Trump sacked Erika McEntarfer, appointed as the agency’s commissioner by his predecessor, Joe Biden. The president alleged, without evidence, that the BLS’s steep downward revision to recent jobs numbers had been “RIGGED in order to make the Republicans, and ME, look bad”. In fact, it was the wanton dismissal that looked bad in the eyes of many observers. In the following seven days there was a 50% leap, relative to the week before, in the average value of the index of Economic Policy Uncertainty (EPU), which tracks the number of articles mentioning such uncertainty that are published daily in American newspapers. This was a discernible jump even when compared to the chaos caused by Mr Trump’s trade war in April 2025 and his real one in Iran in the past two months (see chart 2). Based on Mr Bloom’s earlier study with other colleagues of the EPU’s impact on business investment, industrial production and employment, the authors estimate that the jump reduced American GDP by over $100bn (0.3%) and non-farm payrolls by 168,000 (0.1%). Source: The Economist Immigration and thermostatic politics (Sarah O’Connor in the FT) A strange thing happened a year and a half ago. No sooner had Americans elected Donald Trump as president on an explicitly anti-immigration platform than US public opinion began to swing much more favourably towards immigration. … to political scientists who study “thermostatic” politics, this development is no surprise at all. Public opinion often moves against the prevailing party, especially if they are perceived to have gone “too far” in one direction. The phenomenon was first explored in the 1990s with reference to fiscal policy, but in recent years it has been particularly evident in the realm of immigration policy. While these swings in opinion polls can make it seem as if people don’t know their own minds, they can be a useful democratic check on governments by sending bright flashing warning lights when policies stray too far from the public’s comfort zone. The problem comes when politicians misinterpret those signals. When people tell pollsters they want less immigration, or think it is bad for the country overall (or the converse), they are often expressing an opinion about how things appear to be going in that moment relative to their preferences, rather than a deep shift in their underlying views. According to Alexander Kustov, a political scientist, most Americans’ views are quite stable and moderate: they support immigration that is controlled and in the national interest, and oppose flows that are disorderly or under-enforced. In the US, he argues the Trump administration over-interpreted dissatisfaction with high immigration under Joe Biden, and implemented policies that went too far for many voters. “People don’t necessarily change their idea about their ideal immigration policy, but they can react to what the government is currently doing,” he told me. “A lot of people are not happy with what the Trump administration are doing — right now we’re not talking about border enforcement, we’re talking about people not just getting harassed, but killed.” But similarly, he added, pro-immigration advocates would be making a mistake to interpret the recent, more favourable swing towards immigration as a deep-seated ideological shift in attitudes. The recent history of UK immigration policy offers another cautionary tale. After the 2016 Brexit referendum, public concern about immigration fell. This was partly because net migration statistics declined, but also because people felt a sense of catharsis and control, says Sunder Katwala, director of British Future, a think-tank. By 2019, the public ranked immigration as only the ninth biggest issue of concern, according to Ipsos polling. But when the Conservative government liberalised visa routes for students and care workers between 2019 and 2022, that helped net migration to surge. And so, too, did public concern. Today’s Labour government has implemented another sharply restrictive turn in immigration policy. As Kustov and researcher Caitlyn Yates argue, thermostatic public opinion should be a useful check on politicians. Instead it seems to have helped to magnify the pendulum swing in the UK. The government over-interprets and overreacts to a change in public opinion, which reacts in turn, prompting a sudden swing the other way. Source: Financial Times HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Anna Airy, Shop for Machining 15-Inch Shells: Singer Manufacturing Company, Clydebank, Glasgow, 1918 Racing for a vaccine … we have been here before! The deadly Ebola outbreak in two African countries driven by a virus species with no vaccine has triggered an urgent search for a potential jab, in a test of troubled global efforts to avert threats posed by emerging diseases. A World Health Organization advisory group is due to would meet on Tuesday to recommend candidate jabs to prioritise for clinical trials, the global health body said. It will assess data including an analysis by the Coalition for Epidemic Preparedness Innovations (Cepi), which was set up after failures in the international response to a previous Ebola crisis. The latest Ebola outbreak in Democratic Republic of Congo and Uganda has infected hundreds of people and killed more than 80, health authorities say. Cepi’s reaction will be a crucial indicator of its progress towards its wider goal of producing vaccines for pandemic threats in just 100 days, despite steep cuts to international health funding. “If there was ever a time that we could show the world why Cepi is needed and show the world why the 100-day mission is needed, it’s now,” Nicole Lurie, the organisation’s executive director for preparedness and response, told the FT. “We’re happy to accept that responsibility, but obviously we need help from partners — particularly financial help in the long run.” DR Congo and Uganda would make the final decision on whether to press ahead with any vaccine candidates endorsed for clinical trials by the WHO experts, the global health body said. “Other ethical and community acceptability issues will be considered,” said the WHO, which declared the latest outbreak a public health emergency of international concern on Sunday. “This will be important to make sure that the trial, if it happens, will be adequately communicated to the population.” Lurie said Cepi had provided information from a survey of research teams and companies working on drugs that might be effective against the Bundibugyo virus behind the outbreak. The organisation hoped soon to announce partners in the quest for a jab, she added, although she declined to give a timescale for when one might be developed. Cepi’s Nicole Laurie said global health bodies were ‘getting some live-fire drills’ with hantavirus and the latest Ebola outbreak. The hunt for a vaccine should be helped by scientific advances including the use of artificial intelligence to find drugs active against viruses, Lurie said. Existing jabs against the Zaire Ebola virus responsible for many previous outbreaks might provide a basis for tackling the Bundibugyo species, she added. “We’ll see how far and how fast we can get,” Lurie said, adding that Cepi had done preliminary work recently on a possible jab for the rat-borne hantavirus responsible for a recent fatal outbreak on a cruise ship. “Both with hantavirus and now with Ebola, [we] are getting some live-fire drills.” Source: Michael Peel in the Financial Times Dad-chat is coming for dad-books. (By Pamela Paul and Jeffrey A. Trachtenberg in the WSJ) They were the go-to gifts for Father’s Day: a book about some little-known chapter of World War II, the sweeping narrative of a shipwreck, perhaps the latest presidential biography. These days, dad books are a dying breed. Nonfiction book sales have been in decline for the past four years, and are now the most challenged segment of the print book market. Publishers say certain types of books still fare well—including celebrity memoirs and religious titles. But in recent years, print sales in such categories as biography, current affairs and business and economics—what publishers refer to as “serious nonfiction” and which tend to resonate especially with men—have fallen considerably. Sales of nonfiction print titles were down nearly 8% through May 9 this year, and sales of books about politics and current affairs were down 19%, according to book tracker Circana BookScan. Publishing has long been subject to cyclical changes, with trends in format and genre taking over bookshelves in grand sweeps. (Remember the adult coloring-book craze? Or the stratospheric rise of romantasy?) But many in publishing believe the decline in serious nonfiction is more existential. “The trend couldn’t be clearer,” said Jonathan Karp, the former chief executive of Simon & Schuster and publisher of the new Simon Six imprint. “This is a sea change and people should wake up and realize we’re living in a new world.” One culprit for the shift: a new media diet for fans of more serious nonfiction. … Sixty-two percent of men and 54% of women consumed a podcast in the prior month, according to a recent survey by Edison Research at SSRS, up from 46% and 39%, respectively, in 2023. “When we have internal meetings to talk about this problem, it always comes around to podcasts,” said Jonathan Burnham, president and publisher of the Harper Group at HarperCollins Publishers. “The man who wants to read American history is now tuning into one of the many good podcasts about history that lends the quiet attention to a serious subject he’s looking for. It makes the idea of sitting down with a 700-page Ron Chernow book less appealing. You’ve scratched that itch.” Source: Wall Street Journal Remarkable report by Novara from the nationalist rally in London in mid May. Anna Airy, Leopard Moth and Plums, 1915 If you’ve scrolled this far, you know you want to click: Subscribe
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