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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.

China’s Economy Rebounds After Three Years of Zero-Covid Isolation

  
WSJ - 04.18.2023 Original article ›
Jason Douglas, Bingyan Wang
LyrArc Article Gist
China's retail sales were up 10% in March. The economy expanded 4.5% the first quarter of 2023 over the prior year and is dependent on consumers spending in the domestic economy. Over the prior quarter growth was 2.2%. Investment in buildings, fixed assets and machinery declined by 0.2% over the prior month, in real estate over the prior quarter it declined by 5.8%. The recovery is a rebound from three years of weak consumer spending during the pandemic as Chinese people went out- traveled and went out shopping. 

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China’s Coal Shortage Threatens Farmers in India and Truckers in South Korea

  
WSJ - 11.11.2021 Original article ›
Jiyoung Sohn In Seoul, Vibhuti Agarwal In New Delhi
LyrArc Article Gist
Shortages of urea from China used for fertilizer in India and urea solution used for reducing diesel emissions in South Korea is affecting farmers in India, and cargo truck drivers in South Korea. Prices of urea increased 10 fold in 2021. Urea is extracted from coal and coal shortages in China are worsening. China makes 40% of world urea supply and India takes half of China's exports. This is one more example of how the supply chain is affected by coal shortages in China.

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Original article 5 minutes, gist 1 minute

It’s Beginning to Look a Lot Like Christmas—and Like 2019

  
WSJ - 11.24.2021 Original article ›
Justin Lahart
LyrArc Article Gist
Consumer spending in the US is up for Christmas 2021 with 5.8 million more US jobs in October than a year earlier, with higher wage checks and stimulus checks, child tax credit payments, all boosting spending power. With 231 million Americans vaccinated with at least one shot compared to none Christmas last year more Americans are in stores. Shopping online is up only 7%, in store retail sales up 14%, according to Commerce Department. Passenger traffic on interstate highways is back up to where it was before the pandemic.

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Original article 3 minutes, gist 1 minute

‘Battery arms race’: how China has monopolised the electric vehicle industry

  
The Guardian - 11.25.2021 Original article ›
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Cobalt and nickel mining in the Democratic Republic of Congo is increasingly under the control of a few countries. Much of this metal goes into Electric Vehicles. One expert told a US Senate Committee hearing in June that China was building one EV megafactory a week compared to one every 4 months by the US. The money committed to supporting the electric vehicle industry in Biden's infrastructure package in 2021 still leaves the US lagging behind, says this report in The Guardian.

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Japan: 'Minister of loneliness' tackles mental health crisis | DW | 23.04.2021

1 Links 1 Groups   
DW.COM - 04.25.2021 Original article ›
Julian Ryall (Tokyo)
LyrArc Article Gist
Social isolation, economic isolation is affecting many parts of Japanese society. Mental health decline is seen in working women, part time employed, unemployed workers, and elderly. Prime minister Suga has appointed 71 year old Testsushi Sakamoto to a newly created post- Minister of Loneliness. The pandemic has worsened the social and economic isolation of people.

Another state of emergency is expected for Tokyo and Osaka as coronavirus cases rise in April 2021. Income adversity is affecting many people from women laid off, workers furloughed during the pandemic, students, and others.

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Original article 5 minutes, gist 1 minute

Fearing Hong Kong’s Fate, Taiwan Moves to Bolster Its Military Against China

  
WSJ - 08.30.2020 Original article ›
Chun Han Wong In Hong Kong, Joyu Wang In Taipei
LyrArc Article Gist
Taiwan's plan to increase its defense capabilities with increased purchases from the U.S. $15.4 billion dollars in 2021. The U.S. recently sent a spy plane over PLA drills on the mainland which were meant to warn the U.S. and  Taiwan. After the situation in Hong Kong watched closely in Taiwan sentiment in Taiwan is shifting to where about three fourths of people in Taiwan in polls want to keep Taiwan as a free and separate country, and defend its independent status.

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Original article 8 minutes, gist 1 minute

We need funding, not medals, exhausted doctors tell France’s Macron

  
France 24 - 05.15.2020 Original article ›
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"For months I was asking for equipment," Martin Hirsch, head of the Paris hospital network tells president Macron, "and we had only enough for 3 days to fight against the coronavirus." The French president told one hospital " we undoubtedly made a mistake, we should have done it 10 years ago," as some increase in funding came only in January of 2020. France had a tenth of the intensive care beds in Germany and a far higher fatality rate says this report in France 24.

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Familial Forestry in India: Caring for trees like they're family | DW | 25.09.2021

  
DW.COM - 09.25.2021 Original article ›
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Shyam Sunder Jyani, professor of sociology in Rajasthan, India's driest state, fights desertification by personally funding the planting of 2.5 million tree saplings. He ha been doing this for the last 15 years. In June 2021 his project Familial Forestry won the Land for Life Award of the UN Convention to Fight Desertification. Jyani goes from village to village teaching people how to nurture trees to make the landscape hospitable. This is a land in Rajasthan state where summer temperatures can reach 45 degrees Celsius or 113 degrees Fahrenheit.

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Original article 1 minute, gist 1 minute

Biden’s Budget Underscores Divide With Republicans and Trump

  
NYTimes.com - 03.15.2024 Original article ›
Jim Tankersley
LyrArc Article Gist
Biden's 2024 Budget shows the contrast with the Republican candidate's policies. It is largely based on adding to investment in the economy, and in the nation's workers and families, and yet reducing the $34 trillion deficit by making corporations pay their fair share of taxes. And not increasing taxes one penny on anyone making less than $400,000 a year. It also includes investment to increase the Medicare hospital insurance trust fund to strengthen Medicare and Social Security for future generations.

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It’s never been cheaper to buy an EV. Here’s why.

  
Washington Post - 03.19.2024 Original article ›
LyrArc Article Gist
The price of gas powered cars and EV's is closing, to about $5000 according to Cox Automotive. Tesla is cutting prices because of new competition from Japanese, Korean and German models in the US market. China's BYD is also in the global market with new battery technology that cuts cost. Batteries make up 40% of EV car cost. The cost of making EV's will drop to becoming the same as gas powered models by 2027 as companies get more experience in the new technologies, says Gartner.

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Original article 3 minutes, gist 1 minute

How a New Rule Could Change the Way Advisers Handle Your Retirement Money

  
NYTimes.com - 03.27.2024 Original article ›
Tara Siegel Bernard
LyrArc Article Gist
The US Labor Department will now require not just 401(k) administrators but also advisers for retirement plans called IRA's to follow the higher fiduciary standards of the 1974 ERISA law that aims to protect American retirees. When workers leave a company or retire they rollover their money into IRA's. This retiree money will now be protected with a high fiduciary standard as it should have been all along. In 2020 alone the IRS estimate is that $620 billion was rolled over to to such IRA's.

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Georgia Governor Race Is a Test for Trump. It Isn’t Going Well.

  
WSJ - 05.22.2022 Original article ›
Cameron Mc Whirter, Joshua Jamerson
LyrArc Article Gist
The Senate election in Georgia with Governor Kemp running for the Republican party will show how much support there is for Mr. Trump's idea that the 2022 presidential election was stolen by Democrats. Mr. Kemp has avoided getting into Mr. Trump's contention that the election was stolen, preferring to focus on good governance for the state and local issues relating to the economy. Kemp is likely to be the Republican nominee for the election to the US Senate and is well positioned to win the Senate seat.

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The Best Ways to Deal With Angry Customers

  
WSJ - 05.28.2022 Original article ›
Kate Murphy
LyrArc Article Gist
Customer rage is on the rise especially in the airline and hospitality industry in 2022. Dealing with it the right way is so important for airlines. Listening is very important. Saying I can't do anything about it, or asking people to just put  with whatever is happening is the wrong way to handle it and can only make things worse, say experts.  Airlines that show disrespect now may find that customers remember this for a long time and avoid such discomfort in the future.

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Indian army on the march to erase its colonial past

  
- 09.21.2022 Original article ›
Amrit Dhillon, New Delhi
LyrArc Article Gist
That the Indian Navy had not replaced the St George's Cross on its flag till 2022 would come as a surprise to most Indians. In the B. Gita it is written in chapter 10 on the glimpses of divine glory- "of words I am the one syllable Om, of immovable things I am the Himalaya, of bodies of water I am the ocean, of water beings I am Varuna." It is Varuna that is revered in the symbols of the Indian Navy today.

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Original article 1 minute, gist 1 minute

5 Takeaways From the New Hampshire Primary

  
NYTimes.com - 01.24.2024 Original article ›
Lisa Lerer, Maggie Haberman, Jonathan Swan
LyrArc Article Gist
Nikki Haley lost the New Hampshire primary yet made strong inroads among Independent voters. The adjoining analysis in WSJ shows how Independent voters are an important factor for 2024, and could affect the outcome in a changed landscape. President Biden looks to restore the kind of voter support that propelled FDR and Harry Truman, John Kennedy right up to the 1960's. In that landscape the Clinton Obama years fade in significance as workers in manufacturing once again form the core base of the Democratic party.

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Kingswood byelection: Labour overturns big Tory majority to win

  
The Guardian - 02.16.2024 Original article ›
LyrArc Article Gist
With a win in the Kingswood byelection, a Tory stronghold, Britain's Labor party is now seeing a real shift of voter sentiment for a large majority in parliament in the coming general election. Britain entered a recession in Feb 2024 and the Conservatives have no solutions for the economy after many years in power, and 4 prime ministers in a constant change of leadership. Britain also lacks the resources that make it possible to have the kind of investment and scale of investment in the US that president Biden has launched.

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Underground Metro stations to get island platforms

  
The Indian Express - 04.24.2023 Original article ›
LyrArc Article Gist
Ashwini Bhide, Mumbai Metro Rail Corporation's managing director has provided extraordinary leadership to the organization building India's most advanced Metro. Here she describes the new island concept incorporated in the rail platforms. About 1.7 million passengers will use this line daily, the Colaba-Bandra- Seepz Metro line.She says at each station 20,000 square metres of space has been created with this innovative island concept. There are 26 stations that are part of the Metro 3 line. Phase 1 begins by December 2023 from BKC to Aarey.

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Original article 1 minute, gist 1 minute

BBC at 100: the next decade that could determine fate of broadcaster

  
The Guardian - 10.18.2022 Original article ›
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The BBC's 100th anniversary is in 2022. It started life as a private broadcasting company in November 1922 after radio receiver manufacturers including the inventor Marconi set it up so that the new radio receivers could be distributed to the public. The radio receivers were of no use without content put out by a broadcaster. Over time the BBC played a major role in the British Empire during the 1930's and 1940's and in the British Commonwealth. It assume its modern form after the Second World War.

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NATO won't create '2nd-class' allies to soothe Russia, alliance head says | DW | 07.01.2022

  
DW.COM - 01.07.2022 Original article ›
LyrArc Article Gist
Sweden and Finland say they want to preserve their right of self-determination to join NATO. Russia will meet with NATO in the context of the NATO-Russia Council on Jan. 12, 2022, for discussions. Russia has given its list of grievances and demands to the US in meetings between Biden and Putin. The Western alliance and NATO aligned nations in Eastern and Northern Europe see standing firm together as the best way to counteract Russian pressures as it places 100,000 Russian troops on Ukraine's borders.

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Original article 3 minutes, gist 1 minute

After Million-Mile Journey, James Webb Telescope Reaches Destination

  
NYTimes.com - 01.26.2022 Original article ›
Joey Roulette
LyrArc Article Gist
The James Webb Space telescope reaches its final destination on Jan. 24, 2022 at Lagrange Point 2 or L2 on the other side of the moon, one million miles from earth. In an amazing feat of science one side of the telescope the instrument side will be cloaked in frigid darkness, and the other will defect temperatures of 230 degrees centigrade facing the sun. This keeps the telescope's sensors cool so that stray heat does not interfere with its infrared scans of ancient galaxies and planets orbiting other stars.

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Where Inflation Is Hitting Hardest: Prices of Groceries, Utilities, Rent Jump

  
WSJ - 02.10.2022 Original article ›
David Harrison
LyrArc Article Gist
Year over year rise in prices in January 2022 that contributed significantly to inflation of 7.5% in the US are-

For power up by over 10%, gas prices up over 20%

For groceries bakery, cereals etc up by 1.4%

For housing prices up by over 4%.

For used cars over 40%, new cars over 12%.

Health care services costly in the US far above the other OECD countries not down significantly continuing to burden American households.

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Original article 3 minutes, gist 1 minute

Opinion | Indictment Four: Trump as Racketeer

  
WSJ - 08.15.2023 Original article ›
The Editorial Board
LyrArc Article Gist
The Trump indictment under RICO or racketeer laws draws this reaction in the WSJ. WSJ says the alleged behaviour was rotten, but does it gain credibility by being prosecuted under racketeer laws. It describes the Trump response as more delusional than criminal- that a decisive share of Republicans in suburbs did not want Mr. Trump for four more years. WSJ Editorial Board view is that there is no defending the conduct undermining confidence in the election result in 2020 and it would be a mistake for Republicans to try.

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Loneliness Isn’t Just Bad for Your Health—It’s Deadly

  
WSJ - 11.10.2023 Original article ›
Brianna Abbott | Photographs By John Taggart For The Wall Street Journal
LyrArc Article Gist
Loneliness and isolation increases the risk of disease with higher bodily inflammation, and risk of dying. Monthly visits of family and friends can make a big difference. More frequent than that does not give added benefit. The quality of social connectedness is also important - having someone who cares and one trusts. A Gallup poll in 2023 shows 17% of Americans are lonely and one third of people under 30 years 18-30 years are lonely. Surgeon General Vivek Murthy himself talked about how it feels with lack of social connectedness.

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House Passes GOP Plan to Avert Government Shutdown

2 Groups   
WSJ - 11.14.2023 Original article ›
Katy Stech Ferek
LyrArc Article Gist
In a positive step for the US economy new Speaker Mike Johnson works with Democrats to get a two thirds majority in the House to pass the budget bill 336-95, extending government agency funding to February 2024. A bill for full year spending will come later avoiding shutdown talk and disruptions. Mike Johnson says- "I believe we can fight for principles and still do things simultaneously. When you have a small majority, it requires that some things are going to have to be bipartisan." 

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GM’s Self-Driving Car Unit Skids Off Course

  
WSJ - 11.20.2023 Original article ›
Ryan Felton, Meghan Bobrowsky, Mike Colias
LyrArc Article Gist
The story of GM's self driving car Cruise stemming from its acquisition of a startup in California in 2016. It started with GM perceiving a threat from driverless cars and ride hailing firms. After the acquisition GM's share price rallied. Investments came in from Softbank and other companies. The company planned a robo-taxi service to test its cars in American cities. This story covers the accidents as GM pushed for it too early till California pulled out of the program.

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