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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.


WSJ Original article ›
LyrArc Article Gist
Like the rest of the restaurant industry British pubs are affected by staffing shortages, inflation, higher energy bills, and supply chain problems. The UK lost around 3250 pubs and bars between March 2020 and September of this year. During lockdowns most were closed, as they reopen they face higher costs and are struggling to survive. New hires that earned 27,000 pounds now are offered 32,000 pounds, with few applications as people look for better work and working conditions than offered in the restaurant industry.

Fewer people are going to pubs for lunch as they work from home more. Older people are staying at home from virus related hesitancy. Pubs are passing on price increases of food of 20%. Once seen as part of Britain's cultural fabric this also is changing as people look for other sensible options.

BBC News Original article ›
LyrArc Article Gist
The damage done to India and China by the Opium Agency, and the British East India Company through the forced growing of poppies in northern India and the sale of opium in China. Two wars by Britain opened up China for sale of opium. Britain gained access to the port of Hong Kong as a base for this trade. BBC New gives a new perspective on the situation in Hong Kong and the questions about the rule of law in Hong Kong today by showing the story on the other side, that of China and the Shenzen region which suffered the consequences of British enroachment on China's sovereignty during the 19th century. Young people in Hong Kong today may be oblivious of the history of the region under colonial powers, and how far China has come from the situation of hopelessness of the 19th century.

France 24 Original article ›
LyrArc Article Gist
The resistance of some youth and younger people to social distancing and mask wearing guidelines and restrictions on gatherings, is one of the hard to understand behaviours in France, Florida, California and other parts of the western world. On one day alone 500,000 persons went to bars in Los Angeles County the day after after they reopened on June 20, according to some reports. The surge in California today is not something that just happened or fell suddenly from the sky.

In France after 72 cases were detected in the Quiberon peninsula the top regional official told about "the irresponsibility of young people vacationing or living here gathering in large numbers for festivities, ignoring the danger." Some of the people 18-25 years have with the risky behaviours increased the level of the dangers in this pandemic in many countries.

New York Times Original article ›
LyrArc Article Gist
Many of the achievements of Jindal in the areas of education, and competitiveness and health care and infrastructure for the state of Louisiana are now at risk because of an anticipated deficit of $2 billion in state revenues for 2009 and in the current year the $865 million surplus has evaporated and turned into a$365 million shortfall all in a short time. The state budget used afigure of $84 abarrrel for oil in calculating the state's revenues related to oil revenues generated in the state from offshore drilling but with oil at $40 a barrel things are not lookin good. The total intake from oil and gas from royalties and leases accounts for 17% of the Louisiana state budget. The state rolled back atax increase and increased expenditures on much needed higher education and health care and infrastructure spending. Louisiana needed these programs because it continues to lose people to migration and is the only southern state to do so. The expected cuts are $109 for education and an additional $160 million for health care cuts much from Medicaid. It also shows how quickly things can change for states that are overdependent on natural resource revenues and in this deep downturn for a range of states from California, to New York to Louisiana....
New York Times Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Detroit News Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
WSJ Original article ›
New York Times Original article ›
LyrArc Article Gist
Tom Friedman makes the case for a gasoline tax. As the US engages in Afghanistan, Iraq and considers the cost of health care and a large deficit, he argues that 45 cents of each dollar of agasoline tax should go to paying down the deficit, 45 cents to pay for healt care, and 10 cents to pay for cushioning the burden of agasoline tax on the poor and people who need to drive long distances to work. Energy Economist Phil Verlager says that a$1 tax on gasoline and diesel fuel would raise $140 billion a year. Mention of the gasoline tax is considered risky by politicians of both parties though it would reduce gasoline consumption and dependence on imported oil.
New York Times Original article ›
LyrArc Article Gist
Changing the way health care operates in the country, federal and state government agencies and the commercial insurers are looking at paying primary care physicians and family practice physicians more than the average $60 a visit that is paid out so that these physicians spend more time understanding their patients. At the present time the smaller payment per patient results in doctors only spending a few minutes with each patien. In the long run by diagnosing and treating diseases early through a better understanding of patients this upfront increase in payments should result in lower costs resulting from late diagnosis and treatment, and the problems that occur when the patient is not treated early on. It should also result in better and fewer errors in diagnosis.
New York Times Original article ›
LyrArc Article Gist
At a meeting of GM engineers and Continental- which manufactured the Cobalt's diagnostic modules on May 15, 2009- the faulty ignition switch defect was confirmed by repeated verification of data from many car crashes. No evidence shows this was shared with senior managers. GM filed for bankruptcy in June 2009, two weeks later, and this could be the reason as the situation could be chaotic in managerial ranks. It was tnot until Oct 29, 2013, when GM officials met with the supplier Delphi that the issue comes up again. Records for the meeting showed clearly the defective switches were made at a Delphi plant from 2004 to late 2006. A part change had led to the defective switch. It is the period between 2009 to 2013 that GM has no answer for, as public opinion increasingly looks to GM for answers on why it took so long to make the recall. At Toyota the footdragging in managerial ranks caused the problems for the recall. At GM the problem simply disappeared at the lower levels as the company went through a bankruptcy and emerged from bankruptcy under new management....
NYTimes.com Original article ›
LyrArc Article Gist
The US Federal Reserve has already raised interest rates in 2021-2022 to 5-5.25%. The Fed under Jerome Powell has taken a pause on interest rate increases this month but expects to make two interest rate increases of quarter percentage point to take interest rates up to 5.6% by the end of 2023. Jerome Powell has shown determination at the US central bank to control inflation that went up quickly in 2021 with supply chain disruptions and oil flow disruptions. This has led to slower US inflation with inflation down to 4% in May 2023, half of what it was at its peak in 2022. The higher interest rates help savers including retired people deprived of interest income over the last decade, and hurt borrowers making higher payments on mortgage and car loans.

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

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