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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.


The New York Times Original article ›
NDTV.com Original article ›
SPIEGEL ONLINE Original article ›
The Hindu Original article ›
http://www.hindustantimes.com/ Original article ›
DW.COM Original article ›
Washington Post Original article ›
LyrArc Article Gist
Zapotosky of the Washington Post explains what the Supreme Court's partial approval of the Trump travel ban means for visitors to the U.S. He points out that the Supreme Court's version is limited because it only applies it to persons without any bonafide relationship with a person or entity in the U.S.. In addition the Court urged the administration to complete its vetting procedures review. The travel ban was for 6  countries Iran, Sudan, Somalia, Libya, Yemen and Syria. There are conflicts and wars in most of the countries on the list. Also important to bear in mind is that the administration presented its case as one in which this was a temporary measure till vetting procedures are addressed to reduce the "investigative burden."

Washington Post Original article ›
WSJ Original article ›
LyrArc Article Gist
Even after bankruptcy of Takata, this WSJ article points out that the job of replacing 54 million defective airbags in just the U.S. could go on and on for many years. Honda the carmaker most affected has set aside $4.9 billion over 2 years to cover recall costs. The airbags failed because of manufacturing defects.

WSJ Original article ›
LyrArc Article Gist
The U.S. Supreme Court  narrows the scope of the ban to people who have no bonafide relationship with a person or entity in the U.S., and allows partial implementation of the ban on 6 countries sought by the Trump administration. The court will hear the full case with oral arguments in October to decide. Earlier lower courts had reversed the travel ban, and president Trump filed an emergency appeal at the high court. The narrowing of the implementation is also applied to refugees. Chief Justice Roberts worked to negotiate a compromise on a middle approach, getting Justices Kennedy and the four liberal justices on board for the unsigned opinion. Conservative Justices Alito, Thomas and Gorsuch offered a partial dissent saying that the compromise was not workable in practice.

The New York Times Original article ›
The New York Times Original article ›
LyrArc Article Gist
The U.S. Supreme Court said it will hear the Trump travel ban case. It said in an unsigned opinion that part of the request by the Trump administration to stay a lower court ruling would be granted. This part of the request relates to "foreign nationals who lack any bona fide relationship with a person or entity in the U.S.", only these people would be prevented from entering the country till the full case is heard by the Supreme Court. The revised travel ban related to 6 mostly Muslim countries for 90 days.

The New York Times Original article ›
LyrArc Article Gist
Takata struggled with a faulty airbag recall crisis and failures in quality control that go back to 2004, with a crisis in 2015-2017 as a result of about 14 deaths. Takata's liabilities now run to over $15 billion according to Tokyo Shoko Research because of claims against it from banks, automakers and others. Takata declared bankruptcy on June 25, 2017. Takata was sold to a Chinese owned manufacturer based in Michigan, Key Safety Systems, for $1.6 billion. Takata had hoped for a white knight investor or some of the automakers such as Honda to save it. But the liabilities were too great and automakers in Japan resisted the idea because it might upset shareholders and it made no sense to assume growing liabilities. As a result the Takata company name will go out of business- for a company that started in 1933. The Chinese company taking on the business, a quarter of the market share for the airbag market, is Ningbo Joyson Electronic Corporation. A related article in the NYT in 2014 by Tabuchi shows how management at Takata failed to act responsibly when the early beginnings of the crisis happened in 2004. See the link. [article-54918]  At that time testing of an exploding airbag in Alabama was kept secret and later closed down without informing safety regulators, according to former employees. By not taking responsible action management failed in the 2015 airbag crisis leading to this bankruptcy, the largest in Japanese history.  ...
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
Prime Minister Narendra Modi meets U.S. president Donald Trump in June 2017. Trade with India, and the strategic relationship in Asia, will come up in the discussions. This report says the discussions could be sensitive on trade, immigration and climate change. The U.S. provided $2.38 billion in foreign direct investment (FDI) to India in 2016, about 5.5% of the total, and 47% of the U.S. H1-B Visa program for skilled workers benefits Indian companies. The H1-B program will not be discussed, though climate change may come up. Defense collaboration, regional security, energy projects, are likely to be important topics, including transfer of high technology. 

WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
The New York Times Original article ›
LyrArc Article Gist
Max Fisher of the NYT points out the unique approach taken by Canada in the U.S.-Canada relationship - to cultivate a grassroots network of Americans in legislatures, business, and at different levels of government. This has enabled the Trudeau government to build a relationship with president Trump, and at the same time have relationships at different levels of government and with business in the U.S. to tackle issues where the Trump administration has acted in ways unfavorable for Canada. Provincial governments in Ontario and Quebec lobbied against a New York state government provision for Buying American on state contracts worth over $100,000. By emphasizing the $10 billion in exports from New York to Ontario this lobbying persuaded the New York legislature to cancel the provision. Premier Trudeau's popularity helps and the proximity to the U.S. means Canadians can visit quickly and understand the U.S. as a close neighbor. Still Premier Kathleen Wynne of Ontario says Canadian businesses are nervous about the uncertainty from the Trump administration.   ...
The New York Times Original article ›

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