LyrArc | World News Insights: 1-3 Minute Gist

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Free Fall in Oil Price Underscores Shift Away From OPEC

1 Links 5 Groups

New York Times - 11.28.2014 Original article ›

Clifford Krauss, Clifford, Krauss

LyrArc Article Gist
Saudi Arabia's strategic moves at the OPE pricing meeting in Nov. 2014. Saudis push for keeping the production levels as they are, not making any cuts. Analysts say the Saudis are aware other OPEC countries and other producers outside OPEC such as Russia, are not likely to make cuts in production as they face severe budget constraints- especially Venezuela, Iran, Russia. In this situation they have decided to take a wait and see approach to see where prices are headed in coming months. A price of $60 for Brent crude is likely to lead to cuts, according to some analysts.

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In Turkey, Pope Francis Advocates Dialogue in Battling ‘Fanaticism’

1 Groups

New York Times - 11.28.2014 Original article ›

Sebnem Arsu, Sebnem, Arsu

There’s No Recession at Japan Inc.

10 Groups

Wall Street Journal - 11.28.2014 Original article ›

Aaron Back, Aaron, Back

OPEC’s Weapon of Mass Inaction

4 Groups

Wall Street Journal - 11.28.2014 Original article ›

Liam Denning, Liam, Denning

Apple’s Bigger Slice of the Smartphone Pie

10 Groups

Wall Street Journal - 11.28.2014 Original article ›

Dan Gallagher, Dan, Gallagher

China Close to Launching Bank Deposit Insurance

2 Groups

Wall Street Journal - 11.28.2014 Original article ›

Lingling Wei, Lingling, Wei

The Wall Street Journal

4 Groups

Wall Street Journal - 11.28.2014 Original article ›

Allans. Roth, Allans., Roth

Energy Quakes as OPEC Stands Pat

12 Groups

Wall Street Journal - 11.28.2014 Original article ›

Justin Scheck, Justin, Scheck, Erin Ailworth, Erin, Ailworth, Chester Dawson, Chester, Dawson

Germany Planning Quotas for Women in Boardrooms

5 Groups

New York Times - 11.26.2014 Original article ›

Alison Smale, Alison, Smale

LyrArc Article Gist
A bill requiring that women make up 30% of nonexecutive supervisory board members of 100 companies by 2016 is likely to pass in the German parliament in Dec. 2014. Women make up 22% of the supervisory board of 30 companies on the DAX. The new bill requires that companies have to leave the positions unfilled if they cannot find women. France requires 20% of nonexecutive director positions go to women, which goes up to 40% in 2017. Women make up 29.7% of the boards of the 40 companies in France's CAC 40 index, which is up from 12.3% in 2011. The European Union has set a goal of 40% women on boards by 2020.

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