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LyrArc brings in selected articles from many of the world's top publications.
Articles are selected by experts and you can see the gist of the important articles.
LyrArc Article Gist
Export growth, Fed rate cuts and other efforts to promote lending, some smaller growth in job creation, and the smaller role of housing investment in the economy, should offset the credit crunch. The worst hit in the mortgage crisis represent a smallpart of consumption spending and cosumption may hold up.
Export growth, Fed rate cuts and other efforts to promote lending, some smaller growth in job creation, and the smaller role of housing investment in the economy, should offset the credit crunch. The worst hit in the mortgage crisis represent a smallpart of consumption spending and cosumption may hold up.
LyrArc Article Gist
Demand for lumber is at new highs with the increase in demand for housing. Demand for housing is up because of low interest rates in the U.S. Much of this demand is from people working from home who are less affected by loss of incomes that is affecting construction restaurant, tourism, and industries where work is outdoors or where people interaction is high.
Demand for lumber is at new highs with the increase in demand for housing. Demand for housing is up because of low interest rates in the U.S. Much of this demand is from people working from home who are less affected by loss of incomes that is affecting construction restaurant, tourism, and industries where work is outdoors or where people interaction is high.
LyrArc Article Gist
Former president Park Geun-hye is 68 years and in jail since 2017. Her 20 year sentence was confirmed by the Supreme Court. South Koreans are divided 48% favor and 48% against her release as the president considers a pardon. South Korea has swung from liberal to conservative governments since the days of dictator Park who was the father of this jailed president.
Former president Park Geun-hye is 68 years and in jail since 2017. Her 20 year sentence was confirmed by the Supreme Court. South Koreans are divided 48% favor and 48% against her release as the president considers a pardon. South Korea has swung from liberal to conservative governments since the days of dictator Park who was the father of this jailed president.
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McDonnell is making plans for Labour's manifesto in Britain that includes taking on tax avoidance including "the big accountancy firms" that act as enablers. he says. "People are offended by the scale of not just tax evasion but tax avoidance by some of these big companies," says McDonnell who would be the Chancellor in a Labour party administration.
McDonnell is making plans for Labour's manifesto in Britain that includes taking on tax avoidance including "the big accountancy firms" that act as enablers. he says. "People are offended by the scale of not just tax evasion but tax avoidance by some of these big companies," says McDonnell who would be the Chancellor in a Labour party administration.
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Original article 1 minute, gist 1 minute
Original article 1 minute, gist 1 minute
LyrArc Article Gist
UK cabinet ministers say Boris Johnson will risk the Queen firing him if a new unity candidate is found who commanded support in parliament. This report in The Times says Boris Johnson is prepared to squat in 10 Downing Street if the European Union rejects his proposals on replacing the Irish backstop, and parliament passes a vote of no confidence in his minority government.
UK cabinet ministers say Boris Johnson will risk the Queen firing him if a new unity candidate is found who commanded support in parliament. This report in The Times says Boris Johnson is prepared to squat in 10 Downing Street if the European Union rejects his proposals on replacing the Irish backstop, and parliament passes a vote of no confidence in his minority government.
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Original article 1 minute, gist 1 minute
Original article 1 minute, gist 1 minute
LyrArc Article Gist
Elizabeth Drew who covered Watergate during President Nixon's time in office says the different standard for impeachment based on a president's conduct is more relevant than the one used in the Mueller report and investigation. She says Democrats in Congress are finding it politically risky, and are shy about raising issues about the questions raised in the Mueller Report.
Elizabeth Drew who covered Watergate during President Nixon's time in office says the different standard for impeachment based on a president's conduct is more relevant than the one used in the Mueller report and investigation. She says Democrats in Congress are finding it politically risky, and are shy about raising issues about the questions raised in the Mueller Report.
LyrArc Article Gist
On the Matterhorn mountain at night the messages "Stay at Home," "Hope," and the Swiss flag are beamed on snowy slopes, as Switzerland enters the 11th day of quarantine. It is about working hard at following simple rules and staying at home, an appeal to Swiss people who believe in working hard and being sensible.
On the Matterhorn mountain at night the messages "Stay at Home," "Hope," and the Swiss flag are beamed on snowy slopes, as Switzerland enters the 11th day of quarantine. It is about working hard at following simple rules and staying at home, an appeal to Swiss people who believe in working hard and being sensible.
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Original article 2 minutes, gist 1 minute
Original article 2 minutes, gist 1 minute
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LyrArc Article Gist
Zweig cautions against putting too much faith in experts, or quant models such as "value at risk" or VAR, used by JP Morgan to assess risk. He cites physicist Richard Feynmann: "You must not fool yourself- and you are the easiest person to fool." And the address Feynmann gave at the 1974 commencement of Caltech, in which he said avoid the "cargo cult" mentality of Pacific Islanders who believed that just by standing on runways they could make plane full of food and clothing land, similiar to the ways they did after World War II. Exaggerated returns of over 50% call for more vigilance to look at risks of failure.
Zweig cautions against putting too much faith in experts, or quant models such as "value at risk" or VAR, used by JP Morgan to assess risk. He cites physicist Richard Feynmann: "You must not fool yourself- and you are the easiest person to fool." And the address Feynmann gave at the 1974 commencement of Caltech, in which he said avoid the "cargo cult" mentality of Pacific Islanders who believed that just by standing on runways they could make plane full of food and clothing land, similiar to the ways they did after World War II. Exaggerated returns of over 50% call for more vigilance to look at risks of failure.
LyrArc Article Gist
Mortimer Zuckerman, publisher of U.S. News and World Report, looks behind the unemployment numbers and points to U-6 the real measure of under utilized labor and of workers working part time because of a lack of full time work, and says this is at about 15%. Add the eight million who quit looking and it is 19%, says Zuckerman The unemployment rate of 8.1% does not reflect the eight million workers who have quit looking. The long term unemployed, workers unemployed for more than 27 weeks is at 40.7%, or 5.2 million workers. Fewer Americans work today than in 2000, even though the population has increased by 31 million. Only 96,000 jobs were generated in August 2012. Something is seriously wrong and the right steps have not been taken.
Mortimer Zuckerman, publisher of U.S. News and World Report, looks behind the unemployment numbers and points to U-6 the real measure of under utilized labor and of workers working part time because of a lack of full time work, and says this is at about 15%. Add the eight million who quit looking and it is 19%, says Zuckerman The unemployment rate of 8.1% does not reflect the eight million workers who have quit looking. The long term unemployed, workers unemployed for more than 27 weeks is at 40.7%, or 5.2 million workers. Fewer Americans work today than in 2000, even though the population has increased by 31 million. Only 96,000 jobs were generated in August 2012. Something is seriously wrong and the right steps have not been taken.
LyrArc Article Gist
Egyptian president Morsi's address at the UN General Assembly as "the first Egyptian civilian president elected democratically and freely." On the Egypt-Israel treaty he said: "we are committed to what we have signed on." He defended the Syrian people, who he said were trapped in "the tragedy of our era." For Syria, Morsi has formed a contact group of Iran, Egypt, Turkey and Saudi Arabia to defuse tensions in the region. Egypt backs the initiative of the Arab League and the UN led by an experienced diplomat Lakhdar Brahimi, who recently visited Syria.
Egyptian president Morsi's address at the UN General Assembly as "the first Egyptian civilian president elected democratically and freely." On the Egypt-Israel treaty he said: "we are committed to what we have signed on." He defended the Syrian people, who he said were trapped in "the tragedy of our era." For Syria, Morsi has formed a contact group of Iran, Egypt, Turkey and Saudi Arabia to defuse tensions in the region. Egypt backs the initiative of the Arab League and the UN led by an experienced diplomat Lakhdar Brahimi, who recently visited Syria.
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Without Penny Mordaunt who is strong at the grassroots of the Tory party, the contest in the UK Tory party will come down to a contest between Rishi Sunak and Liz Truss, which will do no service for the Tories and no good for the country, says this editorial in The Guardian. But first Ms. Mordaunt has to pass the tests of the others allying against her, says The Guardian. The Guardian view is the the Tory party is incapable of uniting behind a leader, much less unite the country.
Without Penny Mordaunt who is strong at the grassroots of the Tory party, the contest in the UK Tory party will come down to a contest between Rishi Sunak and Liz Truss, which will do no service for the Tories and no good for the country, says this editorial in The Guardian. But first Ms. Mordaunt has to pass the tests of the others allying against her, says The Guardian. The Guardian view is the the Tory party is incapable of uniting behind a leader, much less unite the country.
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The US lags far behind in the making of the raw materials that go into making lithium ion battery cells. The most costly component is cathode materials. Mr. Straubel, a former Chief Technology Officer at Tesla who started Redwood Materials is planning to invest $3.5 billion in making the cathode material at its Reno, Nevada plant. In this WSJ interview he discusses various aspects of this venture as the EV industry takes off with large battery investments in the US by Korean and American makers in batteries.
The US lags far behind in the making of the raw materials that go into making lithium ion battery cells. The most costly component is cathode materials. Mr. Straubel, a former Chief Technology Officer at Tesla who started Redwood Materials is planning to invest $3.5 billion in making the cathode material at its Reno, Nevada plant. In this WSJ interview he discusses various aspects of this venture as the EV industry takes off with large battery investments in the US by Korean and American makers in batteries.
LyrArc Article Gist
This analysis by The Hindu says Mr. Modi mattered more to the electorate in Uttar Pradesh than the chief minister Mr. Adityanath. A sense that the development agenda is the way forward for the state and for India appears to have been on the minds of people in the state, says The Hindu, based on its analysis of sentiment in the state. About two fifths of the people in the state who participated in the recent election had positive views of the development work of the Modi government at the national level.
This analysis by The Hindu says Mr. Modi mattered more to the electorate in Uttar Pradesh than the chief minister Mr. Adityanath. A sense that the development agenda is the way forward for the state and for India appears to have been on the minds of people in the state, says The Hindu, based on its analysis of sentiment in the state. About two fifths of the people in the state who participated in the recent election had positive views of the development work of the Modi government at the national level.
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Original article 2 minutes, gist 1 minute
Original article 2 minutes, gist 1 minute
LyrArc Article Gist
Hard as it is to believe average leisure time in developed nations declined by 10-15% in the 2010's. After achieving the 8 hour day the burdens of childcare and blurring of the boundaris between work and leisure have led to this situation. This has led to the idea of "time poverty."
For women who bear the greater share and burden of child care in normal times, and heavy burden during the pandemic, this is a situation that brings with it mental health issues.
Hard as it is to believe average leisure time in developed nations declined by 10-15% in the 2010's. After achieving the 8 hour day the burdens of childcare and blurring of the boundaris between work and leisure have led to this situation. This has led to the idea of "time poverty."
For women who bear the greater share and burden of child care in normal times, and heavy burden during the pandemic, this is a situation that brings with it mental health issues.
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Original article 1 minute, gist 1 minute
Original article 1 minute, gist 1 minute
LyrArc Article Gist
More than half of the money in the $1.9 trillion aid package that was passed in the US Congress will go to people who need it most, the unemployed, the poor and struggling Americans on low incomes. The pandemic hit this group very hard. US president Biden has taken on a new role of supporting the poor, not just the working class as he has done with his roots in a working class district in Delaware. Biden says the aid will give the working class and struggling Americans "a fighting chance."
More than half of the money in the $1.9 trillion aid package that was passed in the US Congress will go to people who need it most, the unemployed, the poor and struggling Americans on low incomes. The pandemic hit this group very hard. US president Biden has taken on a new role of supporting the poor, not just the working class as he has done with his roots in a working class district in Delaware. Biden says the aid will give the working class and struggling Americans "a fighting chance."
LyrArc Article Gist
The chairman of the Economic Advisory Council to the Indian prime minister, says India will grow at an accelerated pace after the worst effects of the pandemic are over by 2021. The changes introduced by the prime minister in the economy should make a big difference in growth. Compared to the growth with centralization in India Acts of 1919 and 1935 when there were concerns about holding avast country together, future growth will be based on decentralization, says Bibek Debroy, who is also a member of Niti Aayog.
The chairman of the Economic Advisory Council to the Indian prime minister, says India will grow at an accelerated pace after the worst effects of the pandemic are over by 2021. The changes introduced by the prime minister in the economy should make a big difference in growth. Compared to the growth with centralization in India Acts of 1919 and 1935 when there were concerns about holding avast country together, future growth will be based on decentralization, says Bibek Debroy, who is also a member of Niti Aayog.
LyrArc Article Gist
FR 24 looks at the life and work of Annie Ernaux who had the courage to write about life's most difficult experiences facing women coming from a working class background. Her writings reflect that social mileau of forgotten working class people and changes the boundaries about what is discussed and the language used from a different place is always there. She is honored in 2022 with the Nobel Prize for Literature in a year that saw the working class in France assert itself in the 2022 election.
FR 24 looks at the life and work of Annie Ernaux who had the courage to write about life's most difficult experiences facing women coming from a working class background. Her writings reflect that social mileau of forgotten working class people and changes the boundaries about what is discussed and the language used from a different place is always there. She is honored in 2022 with the Nobel Prize for Literature in a year that saw the working class in France assert itself in the 2022 election.
LyrArc Article Gist
Real Madrid player Rodrygo is a product of training at Brazil's club Santos. His father is a manager of soccer teams in Brazil, and retired to focus on Rodrygo's career. He was just 11 when he signed with Nike ,a younger age than Neymar at age 13 who is also a product of Santos club training. The support of his dad has played a large part in his development as a player.
He is expected to play a big role in the Champions League final with Liverpool.
Real Madrid player Rodrygo is a product of training at Brazil's club Santos. His father is a manager of soccer teams in Brazil, and retired to focus on Rodrygo's career. He was just 11 when he signed with Nike ,a younger age than Neymar at age 13 who is also a product of Santos club training. The support of his dad has played a large part in his development as a player.
He is expected to play a big role in the Champions League final with Liverpool.
LyrArc Article Gist
The new trend of work and wellness hotels is becoming popular so that busy workers in office jobs can get a chance to relax, do yoga and exercize, eat healthy, and get renergized for work. Employees working on projects who are getting burned out with endless hours get a break with a week continuing work but also having a few hours to devote to mental and physical health each day. Hotels are adapting to meet this demand with mindfulness and yoga-pilates classes, and healthy food.
The new trend of work and wellness hotels is becoming popular so that busy workers in office jobs can get a chance to relax, do yoga and exercize, eat healthy, and get renergized for work. Employees working on projects who are getting burned out with endless hours get a break with a week continuing work but also having a few hours to devote to mental and physical health each day. Hotels are adapting to meet this demand with mindfulness and yoga-pilates classes, and healthy food.
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Original article 6 minutes, gist 1 minute
Original article 6 minutes, gist 1 minute
LyrArc Article Gist
Henry Kissinger's first book is on the Napoleonic Wars and how the Austrian chancellor Metternich negotiated a peace that after 1815 kept a fragile peace in Europe till the war in 1914. Sometimes it is said that Kissinger as NSA and Secretary of State to US president Richard Nixon modeled his role from that of Metternich who with Kissinger shared a German background. This was based on realism and was based on offsetting the tyranny of Napoleon in Europe with a balance of power between Britain and Austria-Hungary.
Henry Kissinger's first book is on the Napoleonic Wars and how the Austrian chancellor Metternich negotiated a peace that after 1815 kept a fragile peace in Europe till the war in 1914. Sometimes it is said that Kissinger as NSA and Secretary of State to US president Richard Nixon modeled his role from that of Metternich who with Kissinger shared a German background. This was based on realism and was based on offsetting the tyranny of Napoleon in Europe with a balance of power between Britain and Austria-Hungary.
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Original article 1 minute, gist 1 minute
Original article 1 minute, gist 1 minute
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