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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.
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Losses at Kabul Bank approaching $900 million in January 2011. According to the New York Times report investigators and Afghan businessmen believe that much of the money has gone into the pockets of a small group of privileged and politically connected Afghans, who prevented earlier inquiry into the bank's dealings. This threatens Afghanistan's nascent banking system. The bank is also used to pay Afghan security forces, which puts the American military in the position of having to look for new banks to process the $1.5 billion payroll.
Losses at Kabul Bank approaching $900 million in January 2011. According to the New York Times report investigators and Afghan businessmen believe that much of the money has gone into the pockets of a small group of privileged and politically connected Afghans, who prevented earlier inquiry into the bank's dealings. This threatens Afghanistan's nascent banking system. The bank is also used to pay Afghan security forces, which puts the American military in the position of having to look for new banks to process the $1.5 billion payroll.
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According to the United States Department of Agriculture, 17 million families, or roughly 15% of all households- had difficulty putting enough food on the table at some point in the year. USDA found that 5.6 million households had chronic problems all year long. The number of homes has tripled since 2006, but remain about the same as 2008.
According to the United States Department of Agriculture, 17 million families, or roughly 15% of all households- had difficulty putting enough food on the table at some point in the year. USDA found that 5.6 million households had chronic problems all year long. The number of homes has tripled since 2006, but remain about the same as 2008.
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Marie Colvin, was killed in Syria in Feb 2012, while reporting for the Sunday Times of London. She was a student at Oyster Bay High School and Yale University, and was remembered by fellow students as passionate and determined and always involved in the issues of the time. Her makeshift media center was destroyed during an assault on the city of Homs by Syrian government forces.
Marie Colvin, was killed in Syria in Feb 2012, while reporting for the Sunday Times of London. She was a student at Oyster Bay High School and Yale University, and was remembered by fellow students as passionate and determined and always involved in the issues of the time. Her makeshift media center was destroyed during an assault on the city of Homs by Syrian government forces.
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Wei points out the limited impact of the cut in rates in China in Nov. 2014, because banks are not likely to lower loan rates to protect profits.
Wei points out the limited impact of the cut in rates in China in Nov. 2014, because banks are not likely to lower loan rates to protect profits.
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Bernie Sanders takes up the problems of young people facing large tution costs and seniors on limited income by recalling the situation 40-50 years ago when things were a lot better for these two groups.
Bernie Sanders takes up the problems of young people facing large tution costs and seniors on limited income by recalling the situation 40-50 years ago when things were a lot better for these two groups.
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A New York Times investigation report on Wal-Mart's efforts to expand in Mexico by opening stores in desired locations, overcoming public resistance with payments to public officials.
A New York Times investigation report on Wal-Mart's efforts to expand in Mexico by opening stores in desired locations, overcoming public resistance with payments to public officials.
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The Eli Lilly settlement for drug Zyprexa for $1.2 billion to Zyprexa patients.
The Eli Lilly settlement for drug Zyprexa for $1.2 billion to Zyprexa patients.
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Honda with its popular Civic and focus on small cars is emerging a winner as it increases market share and sales. During the first half of 2008 Honda sold 100,0000 more passenger cars than Ford. A new plant in Greensburg, Indiana will begin production in September making the Civic compact. By 2009 that plant could produce 200,000 Civics.
Honda with its popular Civic and focus on small cars is emerging a winner as it increases market share and sales. During the first half of 2008 Honda sold 100,0000 more passenger cars than Ford. A new plant in Greensburg, Indiana will begin production in September making the Civic compact. By 2009 that plant could produce 200,000 Civics.
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Prime minister Boris Johnson says he will proceed with "maximum caution" as he plans reopening of the economy. The reproduction R ratio for the virus is just below 1.0 and may have gone up recently, say public health officials. Britain faces a problem of deaths in care homes that is not under control.
Prime minister Johnson will announce Sunday new moves which will be limited- allowing people to go out to take as much outdoor exercize as they like, and restart activities such as tennis, golf and fishing. Businesses will get guidance to prepare places for social distancing when people return to work. Restrictions on limiting people contact to those within their household will remain.
Prime minister Boris Johnson says he will proceed with "maximum caution" as he plans reopening of the economy. The reproduction R ratio for the virus is just below 1.0 and may have gone up recently, say public health officials. Britain faces a problem of deaths in care homes that is not under control.
Prime minister Johnson will announce Sunday new moves which will be limited- allowing people to go out to take as much outdoor exercize as they like, and restart activities such as tennis, golf and fishing. Businesses will get guidance to prepare places for social distancing when people return to work. Restrictions on limiting people contact to those within their household will remain.
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Original article 1 minute, gist 1 minute
Original article 1 minute, gist 1 minute
LyrArc Article Gist
U.S. president Obama says at a rally in Philadelphia that Donald Trump is a fradulent champion of the working class, saying that Trump is simply exploiting the populist mood, that for 70 years he has shown no concern for working class people. Obama told the crowd he understood the public's mood for change and that he himself had benefitted from it. Yet he said that it did not add up. Obama said: "This guy is suddenly going to be your champion? I mean, he spent most of his life trying to stay as far away from working people as he could, and now this guy is going to be the champion of the working people. Huh." "I mean he wasn't going to let you in his golf course. He wasn't going to let you buy in his condo. And now suddenly this guy is going to be your champion."
U.S. president Obama says at a rally in Philadelphia that Donald Trump is a fradulent champion of the working class, saying that Trump is simply exploiting the populist mood, that for 70 years he has shown no concern for working class people. Obama told the crowd he understood the public's mood for change and that he himself had benefitted from it. Yet he said that it did not add up. Obama said: "This guy is suddenly going to be your champion? I mean, he spent most of his life trying to stay as far away from working people as he could, and now this guy is going to be the champion of the working people. Huh." "I mean he wasn't going to let you in his golf course. He wasn't going to let you buy in his condo. And now suddenly this guy is going to be your champion."
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Original article 6 minutes, gist 1 minute
Original article 6 minutes, gist 1 minute
LyrArc Article Gist
10.5 million vehicles is the new number at GM for USA auto sales in 2009. GM has consistently predicted a scenario for auto sales that is much higher than it has turned out to be, leading to a lack of proactive speedy decisionmaking where needed to close plants, get financing and other steps needed to pull the company out of trouble. This new lower number may also turn out to be higher than actual because figures for inventories, unemployment, foreclosures, consumer spending, exports, all are worsening.
10.5 million vehicles is the new number at GM for USA auto sales in 2009. GM has consistently predicted a scenario for auto sales that is much higher than it has turned out to be, leading to a lack of proactive speedy decisionmaking where needed to close plants, get financing and other steps needed to pull the company out of trouble. This new lower number may also turn out to be higher than actual because figures for inventories, unemployment, foreclosures, consumer spending, exports, all are worsening.
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Efforts to get people to spend money rather than hoard it with a special kind of currency in local areas in the 1930's which was taxed if it was not spent. Examples for acoal mining area in Bavaria and so on.
Efforts to get people to spend money rather than hoard it with a special kind of currency in local areas in the 1930's which was taxed if it was not spent. Examples for acoal mining area in Bavaria and so on.
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Original article 2 minutes, gist 1 minute
Original article 2 minutes, gist 1 minute
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