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WSJ Original article ›
LyrArc Article Gist
Differences over Gaza policy in the ruling coalition in Israel lead to the reisignation of the defense minister Mr. Lieberman. The result could be early elections which Mr. Netanyahu called "irresponsible" considering the situation in Gaza and Israeli security.

WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
The U.S. and China presented conflicting views on trade and security in Asia-Pacific region at the APEC summit in 2018. Vice President Pence said "we don't drown our partners in a sea of debt," in a criticism of the China Belt and Road Initiative. The U.S. has 1500 new projects and $61 billion in new investments in the region. Mr. Xi Jinping stated " confrontation in a Cold War, hot war, trade war will produce no winner." 

DW.COM Original article ›
LyrArc Article Gist
DW.com's Barbara Wesel describes the chaos in the Conservative Party and the British prime minister Theresa May's stubborn pursuit of Brexit. Speaking in the House of Commons Theresa May showed no flexibility to reconsider her decision to present a 558 page Brexit document detailing the negotiated agreement to parliament for a vote, even though it lacks the support of the Labour Party and prominent Conservatives in her government. Two Brexit Secretaries have resigned. The Transport minister resigned calling for a second referendum on Brexit. May continues to stick to her basic argument that she is following the wishes of the British people given in the first referendum. Even though she is Conservative MP for Maidenhead supporting Remain, and campaigned to stay in the European Union. Wesel says May has proved once again that she has an unrelenting stubbornness. Lacking even the ability to take into account the variety of opinions carefully presented in parliament from different angles by MP's. Once May has latched on to an idea there is no way she can be drawn off her course, and she has continued saying it is in "the national interest" at every turn without defining this in the particular context. The session in the House of Commons clearly showed Brexit's flaws, as in reality the Conservatives themselves have serious misgivings about the far right Brexiters push for separation without clear understanding of where this takes Britain and the British economy. The Labour Party sees this as an opportunity for a change in government. ...
https://www.hindustantimes.com/ Original article ›
https://www.hindustantimes.com/ Original article ›
New York Times Original article ›
LyrArc Article Gist
This NYT account of what happened at Facebook as it faced privacy issues and issues related to its detrimental impact on societies here and abroad, is based on interviews with 50 people close to Facebook. Its social media presence slows and it shifts to a different strategy of focussing on its role as a messaging app following trends that show young people are turning away from publicly posting status and photos. Meantime its controversial role in information in the past is coming under heightened scrutiny. A realization that social media role in information was never appropriate  happened by accident, and is reversible. Other accounts say that the shift happens from trends of young users not from company management and values. 

WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
Walmart is going to require employees to use certain hospitals for costly spine surgeries, an effort to weed out unnecessary procedures and lower healthcare costs. The retailer earlier used a voluntary scheme to get employees to use the hospitals offering lower cost quality care, but found that half of the people needing spine surgery who volunteered to travel decided not to undergo expensive spine surgery. A spinal fusion surgery costs $77,000 at Mayo Clinic which tries to first see if other options of physical therapy can do the job. Walmart has insurance coverage for 1 million people.

Costs are going up and up. The average cost of family health plans from employers is up 5% this year to $20,000, with workers paying one third of cost, a survey by Kaiser Family Foundation shows. 

WSJ Original article ›
LyrArc Article Gist
The Democratic Party's better performance in the midwestern states of Michigan, and Wisconsin, and in Pennsylvania, Arizona, Georgia,in the 2018 midterm elections.  These states are crucial to win in the presidential election of 2020.

Washington Post Original article ›
Washington Post Original article ›
LyrArc Article Gist
A Pew Research poll shows Democratic voters now favor a bold ambitious agenda by large margins. Voters seeking compromise swung sharply going downwards from 69% to 46%. Many are calling for Medicare for All. In the Republican Party the shift is slight from 46% to 44%.

In the House the Congressional Progressive Caucus now has about 90 members. Of the 50 newly elected members who are House Democrats 20 are part of this Caucus pushing for bold action.

DW.COM Original article ›
LyrArc Article Gist
Six cities have rejected the Olympics, with Calgary in Canada being the last one. The problem with hosting the Olympics is how much it costs. Cost overruns are common. 20141 Sochi WInter Olympics estimated budget was $10 billion, in the end it cost $51 billion. 

Brazil is the latest example of the problem. With huge needs in sanitation, epidemic prevention, infrastructure and public services, the country did badly by spending money on new soccer stadiums in the northeast which were not used after the World Cup soccer championship, and in the summer Olympics. 

Learning from these lessons voters in Calgary, Canada, rejected hosting  the Winter Olympics. Voters or local councils in Innsbruck, Austria, Rome, Italy, Bern, Switzerland, Hamburg, Germany, Oslo and Stockholm have rejected the idea of hosting the Olympics. Other problems are the environmental impact with deforestation to create Olympic sites.

 

DW.COM Original article ›
The Times Original article ›
LyrArc Article Gist
British prime minister May puts her leadership on the line as she puts forward a Brexit deal to a divided cabinet. The deal keeps Britain in the customs union of the European Union and continues Britain's connections with the EU in other areas. It is opposed by some members of her cabinet. Transport minister Jo Johnson resigned calling for a second referendum. Pro Brexiters oppose the deal as it continues Britain's membership in the customs union.

WSJ Original article ›
LyrArc Article Gist
Kevin McCarthy, (Republican from California) is likely to win in the election of minority leader of the U.S. House of Representatives. He has the support of former Speaker Paul Ryan who resigned in April. House Democrats winning control of the House of Representatives in the 2018 election made it easier for McCarthy to win the election. In election of minority leader he needed only a majority of votes in a closed ballot election.

WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
A tentative Brexit deal with the EU is reached but it is not clear that it can win support of the Cabinet of prime minister Theresa May, even before it has any chance in the British parliament. March 29, 2018 is the 2 year period for negotiations to arrive at a deal with the EU. The pro-EU transport minister Jo Johnson resigned and called for a second referendum, saying that the decision in the first referendum to leave the EU was made because false prospects had been presented by the Leave EU campaign. 

Because of the issue of Northern Ireland the U.K would remain indefinitely in the customs union, and this is opposed by the Leave EU supporters in the Conservative party government of prime minister May.

WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
Oil prices in the U.S. drop to $55 a barrel on the New York Mercantile Exchange, and $65 a barrel for Brent crude price. Earlier expectation of the impact of reimposed sanctions on Iranian oil shrinking global oil supplies have been reversed with increased production from Saudi Arabia, Russia and the U.S.

Another new development that caused this reversal in sentiment is that the Trump administration granted waivers to some buyers of Iranian crude oil. The U.S. trade dispute with China has also added to this with lower growth forecasts. Unlike in previous years OPEC or Saudi Arabia cannot by itself shrink global supplies with production cuts. The U.S. and Russian output also plays a significant part.

WSJ Original article ›
LyrArc Article Gist
New York City and Northern Virgina are selected as the second and third locations for Amazon headquarters. Amazon will evenly split operations for the HQ locations between Long Island City and Arlington County's Crystal City locations. About 25,000 employees will be hired for each location. The location in Northern Virgina is close to Washington Reagan International Airport and metro stops making it appealing. Long Island City was a former industrial neighborhood that is going through a residential housing boom with 16,000 new apartments built since 2006. It is close to airports and subway lines.

Amazon had as criteria for the selection that the locations have flights with easy access for Seattle, job creation impact, and prominence as the main company in the area.

WSJ Original article ›
LyrArc Article Gist
Eric Spector is an ultra marathon runner at age 71. He lives in Palo Alto, Calif., and is semiretired, until 2014 he worked as CEO of OneRoof a social enterprise that opened internet centres in rural Mexico and India. He has run as much as 100 miles. His first was 50K. He avoids trail running because of the hazards.

New York Times Original article ›
New York Times Original article ›

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