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1-3 Minute Gist

Direct From the Editor / On Topics Vital to the Nation

How China's import cuts importing 8.5 million barrels a day down from 12.5 million and it's large oil reserve will keep oil prices low

07/15/2026

Not covered in the media for Hormuz is the combined response of US, China, India, Japan and the European Union to find alternatives to Hormuz making it less or not relevant to oil prices and oil supplies

07/10/2026

The Constructive Aspects of the situation in July 2026 from the Hormuz Crisis not covered in the Media

06/27/2026

Browse Articles or use Lyrarc's US patented "Groups" and "Links" for new insights. A Lyrarc Group of Articles on a topic gives insights into particular angles shown in the Group Title. A Lyrarc Link shows more specific insights for 2 articles.

All Topics Articles

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.

Harris to propose new Medicare home care benefit for seniors

  
POLITICO - 10.08.2024 Original article ›
LyrArc Article Gist
Harris told an audience in Pittsburgh-

"I remember being there for my mother when she was diagnosed with cancer. Cooking meals for her, taking her to her appointments. I know caregiving is about dignity.”

Harris will propose help for seniors for homecare, living at home, funding it with Medicare cost improvements in cost of pharmaceuticals it pays out. The benefit will cover cost of home health care services including home health aides.

About 105 million Americans or 40% of Americans currently provide unpaid childcare. Harris proposed $6000 child tax credit for parents of newborns. And 25% of Americans are also caring for aging parents as well and bearing this cost as well when they have children.

 

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Original article 1 minute, gist 1 minute

South Africa Faces Credit Scrutiny Amid Blackouts

8 Groups   
Wall Street Journal - 12.14.2014 Original article ›
Patrick Mcgroarty, Patrick, Mcgroarty
LyrArc Article Gist
South Africa suffers from power shortages reducing output at metals and engineering firms. The electricity supplier Eskom has a large $20 billion funding gap and has cash shortages. About $230 million is owed by South African cities which collect payments. IMF estimates are for slower growth with a ceiling of 2.5% with the dire power situation. Growth in 2014 is estimated at a mere 1.4%. The government of president Zuma is not seen by experts as effective in tackling the economy and problems at Eskom. Moody's has cut Eskom's debt to junk status making it difficult to attract financing. Foreign investment is declining.
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Amazon extends French warehouse closures amid Covid-19 court dispute

  
France 24 - 04.20.2020 Original article ›
LyrArc Article Gist
French trade unions protested against conditions at Amazon warehouses for safety during the coronavirus, says France 24. After a court decision Amazon closed all its warehouses in France till April 20. Amazon has come under greater scrutiny on this issue of worker safety and precautions both in Europe and in the U.S.

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Biden, Facing Mounting Global Problems, Tells U.N., ‘Things Can Get Better’

  
WSJ - 09.24.2024 Original article ›
Alexander Ward, Lara Seligman
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President Biden's speech at the UN General Assembly on September 24, 2024.

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Royals and refugees to come together in Rome for funeral of Pope Francis

  
The Guardian - 04.26.2025 Original article ›
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Two hundred thousand pilgrims to come to Pope Francis funeral in Italy, April 26, 2025.

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Western Lakes Shrink From Drought, and Boat Businesses Struggle

  
WSJ - 06.19.2022 Original article ›
Jim Carlton | Photographs By Mikayla Whitmore For The Wall Street Journal
LyrArc Article Gist
Scientists say the drought in the western region of the US is the worst in hundreds of years. At Lake Mead the reservoir is only 28% full. The other reservoirs on the Colorado river are in similar shape. Lake Mead is a reservoir from the Hoover Dam on the Colorado River and stretches for 120 miles in the states of Arizona and Nevada. It is the largest reservoir in the US and the water depletion in this and other reservoirs all the way into Oregon is affecting agriculture in the western US and the access to water for cities in the region. 

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‘OK, Mexico, Save Me’: After China, This Is Where Globalization May Lead

  
NYTimes.com - 01.01.2023 Original article ›
Peter S. Goodman
LyrArc Article Gist
US census data shows Mexico exported $382 billion worth of goods to the US in 2022, an increase of 20% over 2021, according to US census data. American companies put more money into Mexico for investment than China in 2021. The high shipping costs and 2 weeks vs 2 months of shipping time are part of the reason companies are looking at Mexico as an alternative to China. The trade friction with the US and tariffs are added incentives for companies to shift manufacturing out of China. The shift is gradual as the infrastructure improvements in Mexico lag behind the infrastructure development in other countries in Asia.

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Is modern life ruining our powers of concentration?

  
The Guardian - 01.01.2023 Original article ›
LyrArc Article Gist
About 47% of 2000 respondents in a King's College London study agreed that "deep thinking" has become a thing of the past. 42% said the attention span is shorter than it used to be. Elle Hunt in The Guardian provides this timely reminder of what distraction is doing in modern life shortening attention spans and affecting concentration. Experts say the first step is to accept that our attention like our time is finite and we have to choose, and decide where to invest it. Finding a balance that reflects our circadian rhythms is essential.

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G.D.P. Report Shows U.S. Economy Shrank Again: Live Updates

  
NYTimes.com - 07.28.2022 Original article ›
Ben Casselman
LyrArc Article Gist
US economic growth shrinks for a second quarter in a row in 2022. Growth declined by 0.2% in the first quarter after a decline of 0.4% in the first quarter. The Fed increased by 0.75 of a percentage point on July 27. Fed chairman Powell said at a conference that the Fed is watching the situation closely. At this point he said the information he sees suggests a strong labor market and consumers still have as strong balance sheet with higher wages. It is early to tell he said, yet it appears that the economy will pick up in the second half of 2022.

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Millions of Women Left Work During the Pandemic. Where Are They Now? - The Journal. - WSJ Podcasts

  
WSJ - 03.31.2023 Original article ›
LyrArc Article Gist
About 12 million women left the workforce in the US during the pandemic. Women gradually returned to where there are 1.2 million more women in the workforce as of March 2021. In the new workforce remote work is an option for two career couples with children, wages are up, child care is up. WSJ looks at the situation of a 51 year old  mother of two boys ages 10 and 11, whose husband is a surgeon in the military. She quits work during 2021, and restarts work in a remote work job in 2023. Another worker with children decided not to return to the workforce. 

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In U-Turn, Germany Joins Growing List of Countries Shipping Arms to Ukraine

  
WSJ - 02.26.2022 Original article ›
Bertrand Benoit, Bojan Pancevski
LyrArc Article Gist
The decisive German response to the Ukraine invasion comes within 72 hours of the invasion. "It is our duty to support Ukraine to the best of our ability in defending against Putin's invading army," German Chancellor Olaf Scholz said. "That is why we are delivering 1000 antitank weapons and 500 Stinger missiles to our friends in Ukraine." Similar shipments are being made by Netherlands and Britain. The US has committed $350 million additional military aid to Ukraine including "lethal defensive assistance" against invading armored and airborne forces, in the first 48 hours of the invasion.

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Original article 4 minutes, gist 1 minute

Surging Dollar Raises Possibility of Parity With Euro

  
WSJ - 05.20.2022 Original article ›
Caitlin Mc Cabe
LyrArc Article Gist
The US dollar is only 5% way from reaching parity with the euro. The euro was at $1.03 during the beginning of May. It is at $1.05 on May 21. With the US central bank raising rates, and the effects of energy shortages on the European economy, parity looks likely says this report in WSJ. Additionally weakening demand from China for European goods or the EU shifting its supply chains back to home countries and trading less with China could also have an impact from the ripple effects of China's support for the Russian position on Ukraine.

 

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Original article 4 minutes, gist 1 minute

How Gareth Southgate turned that 1996 penalty miss into a hit formula

  
The Times - 07.03.2021 Original article ›
Matthew Syed
LyrArc Article Gist
This story in The Times shows how Gareth Southgate has rebounded from a penalty miss in Euro Soccer 1996 playing for England. After 25 years Southgate is back inspiring his players to take the English team to the quarter finals of Euro Soccer in 2021, and with a win against Ukraine can put it in the top 4 teams. He is shown as a learner with humility and respect for other people who helped him develop as a person and a player. He is seen as someone who believes in sharing success with others who helped make it happen and unlike  other egocentric coaches. 

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Original article 1 minute, gist 1 minute

Covid sparks biggest fall in life expectancy since second world war

  
The Financial Times - 09.27.2021 Original article ›
LyrArc Article Gist
American men took the biggest hit for life expectancy in an Oxford University study, with life expectancy dropping by 2.2 years in 2020. American women life expectancy dropped by 2.65 years. Lithuanian men had a decline of 1.7 years. This is the largest decline going back to the days of the Great Depression in the 1930's

Elsewhere in Europe, life expectancy declined in many countries for the first time since the Second World War. This happened in Spain, Italy, England, Wales and Belgium. Women in 8 countries and men in 11 countries had drops in life expectancy over more than 1 year.

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Original article 1 minute, gist 1 minute

China Turns on the Charm for Foreigners but Its Allure Has Faded

  
WSJ - 03.18.2024 Original article ›
Liza Lin In Singapore, Yoko Kubota In Beijing
LyrArc Article Gist
Invest in China and visits to China promoted by PM Li Qiang with easier to get China visas is not getting the response China would have liked to get. Zero covid efforts and anti-espionage campaign has created some distrust. South Korea with 300,000 people in China has seen registration numbers drop to 200,000. Britain by half from 40,000 to 20,000, Japan by 10% from 100,000 to 90,000, and France by about 20% from 40,000. China gave out 711,000 residence permits to foreigners in 2023, a 15% decline over 2019, yet for short distance permits that include business travelers the drop was by about two thirds. 

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Australia election: How climate is making Australia more unliveable

  
BBC News - 05.22.2022 Original article ›
LyrArc Article Gist
This report in BBC on climate change issues in Australia with bushfires and floods and the hottest decade in history, was written four days before the election. It says even with the extreme weather disasters phasing out fossil fuels was a politically toxic issue in Australia and no party wanted to talk about it except the Greens. The election has changed this decisively with the Greens and other smaller parties getting one third of the vote. No party has proposed cutting carbon emissions by over 50%- Labour at 43% and Morrison coalition at 26%. Labour won by taking up climate change as an issue.

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Buried under the ice

  
Washington Post - 12.17.2023 Original article ›
LyrArc Article Gist
This report in The Washington Post looks at an effort by scientists to drill into the ice in Greenland to reach the bedrock below 1600 feet of ice using new tools and technologies. Scientists have less material under this ice than from the moon's surface. Melting of Greenland Ice Sheet would raise global sea levels by 24 feet, say engineers in this report, and it is important to understand how Greenland can change under rising temperatures on earth. Sarah Kaplan and Bonnie Jo Mount travel to a remote field camp on Prudhoe Dome in northwest Greenland ice sheet for this report.

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Original article 25 minutes, gist 1 minute

Here’s Where Biden’s Climate Law Is Working, and Where It’s Falling Short

  
NYTimes.com - 02.28.2024 Original article ›
Brad Plumer
LyrArc Article Gist
NYT's Brad Plumer looks at the assessment of a report from REPEAT (Princeton), MIT, and Rhodium on how well the Biden Climate laws are building renewable energy- how well this is working to tackle climate change goals. The goal set by BIden was a 40% reduction over 2005 greenhouse gas emissions by 2030. Electric car sales are moving at a pace that is consistent with the goals but renewable energy instead of being at an average of 46 gigawatts of carbon free electricity for 2023 and 2024 is falling short as it was at 32 gigawatts carbon free electricity for the US in 2023.

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Extreme heat in Spain hits olive, avocado harvest | DW | 10.08.2022

  
DW.COM - 08.14.2022 Original article ›
Ralph Schulze (Madrid)
LyrArc Article Gist
Drought conditions prevail in the avocado growing region of Spain. The La Vinuela Reservoir in this region in Malaga province is only 12% full.  It has been reduced to a mere puddle says this report in DW.com. Across the world from the dam reservoirs in Nevada, US, to Uttar Pradesh in India the water levels are extremely low because of a lack of rain. Drought conditions are more frequent and last longer with the effects of climate change say experts. This means sunflower oil output a major export for Spain will drop by a third this year for use in Europe.

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Original article 4 minutes, gist 1 minute

Drastic Economic Moves Highlight Russia’s Wartime Bind

  
NYTimes.com - 08.16.2023 Original article ›
Anatoly Kurmanaev
LyrArc Article Gist
The Russian central bank under Elvira Nabiullina raises interest rates by 3.5% to 12%. In the first 5 months of 2023 the Russian government spent 50% more in rubles than in the same period in 2022. The increase in spending meant increase in wages and more hiring for production of goods including production for the war effort. The policy was to carry on the war effort without the effects of the war being felt by ordinary Russian citizens. The result has been higher inflation at 7.6%. Nabiullina faces a unique set of challenges to control inflation, maintain the economy even as Russia continues the war effort in Ukraine. 

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Biden wants network of 500,000 EV chargers. Two states are getting a head start.

  
Washington Post - 11.11.2023 Original article ›
LyrArc Article Gist
In 2023 there are 4.3 million electric vehicles on American roads and 150,000 public charging ports. President Biden's goal is for 50% of cars to be EV's by 2030 with 500,000 public charging ports. The National Renewable Energy Laboratory affiliated with DOE forecasts need for 1 million charging ports. Ohio and Pennsylvania are leading the way in a slow start with other states joining in. A single public charging port can cost about $150,000. It will cost $31 billion to $55 billion to build the public portion of a national charging network. About $24 billion is planned investment.

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Original article 7 minutes, gist 1 minute

Russia Set to Overtake Saudi Arabia in Battle for China’s Oil Market

  
WSJ - 06.27.2023 Original article ›
Summer Said, Benoit Faucon
LyrArc Article Gist
Saudi Arabia's efforts to push oil prices higher have fallen flat with deep discounted oil sales by Russia to China. Russia has overtaken the Saudis as the largest supplier of oil to China. Saudi supplies to China have fallen to 14% of imports, while Russia's supplies to China have increased to 14%. China is building up inventory as a reserve capacity. Saudis cut production last month to push prices higher but prices haven't budged and stayed at about $75 a barrel. Russia is discounting by $26 a barrel and offsets the extra $6 it costs to ship Russian oil. 

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One way to tackle sexual harassment at work: better parental leave | Katie Bethell

6 Groups   
The Guardian - 12.12.2017 Original article ›
Katie Bethell
LyrArc Article Gist
Women do twice as much of the caregiving for elderly parents and small children as men. About 41% of mothers say this makes it harder for them as working parents. About 20% of the female workforce in U.S. is giving elderly care. This adds up to more stress, decreased working hours, decreased income, needing leave of absence, and missing promotions or training. Only 14% of working people in the U.S. have even one day of paid leave to care for a new baby or seriously sick family member- a startling statistic for America, showing lack of family friendly policies at most companies.

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Original article 3 minutes, gist 1 minute

Economy has recovered half of losses, says Bank chief Andy Haldane

  
The Times - 07.21.2020 Original article ›
Gurpreet Narwan, Economics Correspondent
LyrArc Article Gist
Reports from Europe that a V shaped recovery is happening in the economy. Andy Haldane the chief economist of the Bank of England says roughly half of the 25% lost output in the economy in the lockdown in April and May has been gained back in UK. This is good news for Europe after the bad hit it took from the pandemic since March. The reopening of the economy in Germany, France, Italy, Spain and Britain is taking place with greater reassurance as the curve is flattening out at low levels of cases in July and people are generally following rules for prevention.

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Original article 1 minute, gist 1 minute

Lessons for lockdown from an Italian family

  
BBC News - 03.29.2020 Original article ›
LyrArc Article Gist
Lessons from an Italian family about staying fit and getting exercize during the lockdown within the home. The father is part of a running team in Rome. He has spent 18 days with his wife and teenage son at home already, as Italy remains in quarantine. He can't run the Rome marathon so he and his friends divide the 42 kilometres so that each person runs 1 kilometre at home. Other advice- plan your day carefully, stay in different rooms so its easier to spend a whole day, and the next day and the next together. do some hobbies, exercize to stay fit. 

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