ELECTION: THE AMERICAN SWING

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American politics, especially the quadrennial presidential election, is closely followed by people world over, and with good reason. America is the world’s most dominant economy, and there are literally hundreds of millions who, given a chance, wish to immigrate to America or have relatives & friends living there. No doubt, American government policies do have global implications.

Democrats’ luck

It is interesting, even for a casual observer, to look back three decades, to see how American two-party political system has been evolving. It seems that Republican presidents have been dealt poorer hands than Democrat presidents. Republican George H.W. Bush was successful in driving Saddam Hussain out of Kuwait in January 1991 during the Persian Gulf War. At that time, even though American economy was humming along a respectable clip of 3.5% annual GDP growth, Democrats and the media convinced Americans that the economy was struggling, thereby helping Clinton defeat Bush. In 2001, only a few months after President George W. Bush took office, America was attacked on 9/11/2001, that led to long wars with Iraq and Afghanistan and partly causing the great depression of 2008. During Trump’s 2017 – 2019 leadership, economy was growing solidly, but then COVID-19 hit in 2020 and Trump lost his reelection bid in 2020. Democrats and the media were successful in using the pandemic in a couple ways to defeat Trump, who has maintained that the election was “stolen” from him, alleging that many states took advantage of lockdown to conduct election without proper controls.

On the other hand, look at Democrat Presidents. Bill Clinton benefited from the 1994-to-2000 dot-com boom. In 2009, Obama became president when the 2008 depression had run its course, and it had nowhere to go but up. It looks like Biden is going to benefit from economy’s revival as vaccine availability controls the pandemic.

Current State of American politics

Cynicism towards entrenched politicians and government has been growing and that’s what fuelled Trump’s surprise win in 2016. Trump, an outsider, promised to push conservative agenda of smaller government, self-reliance and draining the “swamp” in Washington. Of course, it upset the “establishment” comprising of traditional politicians and liberal media. So, Trump had a bulls-eye painted on his back and the establishment tried to get rid of him from day one. It appears that an Unholy Trinity – Democrats, liberal media and high-tech companies -has been consolidating for the past four years, and the Republican party will suffer in future elections.

Biden presidency

Biden, the oldest president in recent history, ran mostly a virtual campaign, but was propelled to victory as the media and Democrats vilified Trump. Biden has pledged to unify the country after the tumultuous years of the Trump presidency, and Democrats are vowing to use their control of the House, the Senate and the White House, for the first time in more than a decade, to enact a “bold” agenda. The disappointed supporters of President Trump fear that Biden’s bold agenda means undoing Trump initiatives AND imposing more liberal / progressive policy initiatives. And Biden has done just that! On his very first day in office, he issued several executive orders and directives to re-join Paris Climate Accord, World Health Organization and undo Trump’s immigration initiatives, to mention a few. The Congress is proceeding with its unprecedented plan to impeach Trump, with two goals. One, to ensure that Trump can never run for a public office again, and second, to send a message to future “Trumps” that outsiders are not welcome in the traditional political club.

With the unholy trinity dominating American politics, the country appears to be headed away from capitalism and towards socialism. Although, the country is crushing under a whopping national debt of $30 trillion and growing, nobody seems to be overly concerned about it as America’s creditworthiness, due to huge economy, is good and government’s power to levy and collect higher tax.

Many observers do not expect Biden to complete his full-term in office, due to his advanced age, thus propelling Kamala Harris to presidency and America to more socialism. Stay tuned!

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    Vredestein Becomes Official Sleeve Sponsor For AS Monaco Football Club

    Vredestein Becomes Official Sleeve Sponsor For AS Monaco Football Club

    Apollo Tyres Ltd has secured a one-season shirt-sleeve sponsorship agreement with AS Monaco, one of French football's most successful clubs, to increase awareness for its premium Vredestein brand.

    This partnership will leverage Ligue 1's ranking as the fifth most watched football league in the world to raise awareness of Vredestein's award-winning products among a large audience in France and abroad. On November 22, AS Monaco's home league game against Brest will have the new sleeve branding for the first time. The Vredestein brand will be heavily promoted at Stade Louis-II for the 2024–2025 season, including on player sleeves and LED screens around the field. Exclusive social media initiatives will further help make the brand prominent, reaching a large and interested audience.

    Yves Pouliquen, Vice President – Commercial, Europe, Apollo Tyres, said, “This partnership is an exciting opportunity to strengthen Vredestein’s presence in one of our key markets. AS Monaco’s rich history and commitment to excellence mirror our focus on performance and innovation. We look forward to building a successful relationship with the club and celebrating its achievements this season.”

    Thibaut Chatelard, Marketing and Revenue Director, AS Monaco, said: “We are delighted to welcome Apollo Tyres and its Vredestein brand to the family of AS Monaco partners. This collaboration makes sense in view of the values we share, such as the constant pursuit of performance and excellence. There’s no doubt that this new support will be precious for the rest of our season, which promises to be thrilling.”

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      Nexen Tire Launches N´Blue S Summer Tyre

      Nexen Tire Launches N´Blue S Summer Tyre

      Nexen Tire, a leading global tyre manufacturer, has launched the Nexen N´Blue S tyre, adding to its range of summer tyres and providing drivers with advanced safety, energy efficiency and superior driving stability in wet and dry conditions.

      Developed using highly dispersed silica and equipped with an optimised structural design, the Nexen N´Blue S tyre provides reduced road noise and improved driving stability. The tyre features an innovative tread compound, formulated with hydrophilic fillers and microstructure-controlled polymers, and provides lower rolling resistance and exceptional dry and wet grip. The tyre also excelled in test results by demonstrating an 11 percent improvement in wet braking distance compared to its predecessor.

      Apart from providing excellent performance, the Nexen  N´Blue S also scores high on the sustainability index. The tyre provides an eco-friendly solution for environmentally conscious drivers by minimising fuel consumption and CO2 emissions. The Nexen N´Blue S summer tyre is available in 58 sizes, which makes it compatible with different types of vehicles.

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        Kumho Tire Vietnam To Expand Investment Project In Binh Duong Province

        Kumho Tire Vietnam To Expand Investment Project In Binh Duong Province

        Kumho Tire Vietnam Co., Ltd. is all set to expand its investment project in Binh Duong province of Vietnam, with the phase 3 of expansion commencing in early 2025. This was discussed at a recent meeting between Vo Van Minh, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee (PPC), and Kim Hyun Ho, General Director of Kumho Tire Vietnam Co., Ltd.

        The meeting was held on 13 November at the Administrative Centre of Binh Duong province, as per an official statement. Apart from the company’s investment till date and the planned investment for phase 3, the two also discussed about the challenges and obstacles regarding procedures and processes to have more land funds to expand the manufacturing plant, along with taking measures to tackle the obstacles. Kim Hyun Ho also conveyed to the PPC Chairman that Kumho Tire Vietnam Co., Ltd. belongs to South Korea's Kumho Tire Group and is currently ranked 10th in the car tyre manufacturing industry.

        The company had invested in a tyre manufacturing plant in My Phuoc 3 Industrial Park in 2007 with a total initial investment of USD 308 million, which was supplemented by another USD 300 million in 2021. This extended the factory scale to six hectares and increased the production capacity to 12.5 million tyres annually. With the expansion in early 2025, the company will raise its total investment to USD 908 million and increase the factory's production capacity to 17 million tyres annually. The expanded capacity is expected to be operational by early 2026.

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          Yokohama-ATG Expands Galaxy MFS 101 SDS Range With White, Non-Marking Forklift Tyres

          Yokohama-ATG Expands Galaxy MFS 101 SDS Range With White, Non-Marking Forklift Tyres

          Yokohama-ATG, a leading manufacturer of all-terrain and off-the-road tyres, has expanded its Galaxy MFS 101 SDS range of forklift tyres with the launch of white, non-marking tyres.

          The Galaxy MFS 101 SDS range consists of puncture-proof SDS tyres with extended wear limits designed for high-intensity working shifts and long durability. These are premium, solid rubber tyres developed for tough demands, a long service life and high driving comfort. The addition of white, non-marking tyres is specifically aimed at clean working environments.

          Marked by a 3-stage construction process, the forklift tyres feature reduced heat build-up, effective shock absorption and minimised vibrations. The pattern design guarantees a smooth ride and good steerability thanks to its continuous centre lug and circumferential grooves. Furthermore, the flat walls and wide flat profile offer excellent stability when using a forklift for vertical stacking. The tyres are also equipped with anti-slip steel beads for improved rim fitment

          In a case study on a CAT 2.5-tonne forklift that was used for handling heavy pallets on asphalt, the Galaxy MFS 101 SDS outshone the competitors with impressive performance. The tyre delivered an approximate 900 working hours before replacement against competitors’ 500 working hours.

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