My suggestions are in the Atlantic to: take Normandy with the US, Finland with the UK, build a factory in Norway, and another transport and 1 inf in EUS. I don’t think you need the Norway AB yet.
Otherwise the spending should be in the Pacific. Another transport and 1 inf and the rest a mix of subs, figs, and a carrier.
In the pacific, return to Caroline Islands. If to be safe, you need to take the islands then take Marshall with ANZAC and Paulau with the US. If the fleet can safely hold Caroline Islands without taking the islands (because too much of his air is too far away) than I wouldn’t worry about Paulau yet.
I would consider using the ANZAC destroyers to block for the subs (since there is no German/Italian bomber in range), but if so, I would switch the ANZAC and US subs so that the US subs are in range of the Philippines. Not sure if it is worth it though and might just retreat the US subs to 24 (in range of Car and 6 and out of his range) and use the ANZAC to continue to convoy. He doesn’t have a lot of destroyers to commit and can’t build more without forgoing land units on the mainland (or retreating his fleet to 6). It is good then to keep convoying and force him to use destroyers where they can be counter attacked by subs and air, but I’d avoid stacking them.
I’d consider bringing a US bomber to the Pacific too to have more range against destroyers and transports without committing .
In the med, there is a benefit to Britain of taking Cyprus. Even so, I might consider pulling the fleet back to 80 in order to add to the pressure to Japan. If you do this though you might need an airbase or (preferably) a naval build to protect the fleet (he has 6 air in range). It may not be worth it, but I like the idea of putting pressure on Japan from the West and East simultaneously. It may be possible to hit Cyprus and pull the fleet to 80.
The Italian fleet survives another day, but it can’t support any landings and the following turn, you have the option of bringing the British fleet down to 92 and the fleet in 80 back. Along with a sub and/or fighter build, you will be in a better position to take out his fleet.
I’d also be mindful that he might be close to having enough to attack the stack in W India. You want to be in a position to protect that while being able to counter a German move into NW Persia.
