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Tariffs and the Supreme Court 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.


The New York Times Original article ›
The Wall Street Journal Original article ›
LyrArc Article Gist
Aramco Saudi pipeline to Yanbu to get 7 million b/d out from the east to western Saudi Arabia on Red Sea- 700 miles long as long as Trans Alaska pipeline. It was built with help from Mobil Oil in 1983 during the Iran Iraq War to get oil away from the volatile Gulf region. Another pipeline gets about 2 million b/d from UAE to Fujairah on the Gulf of Oman. This is not the first time the Saudis have faced such a volatile Gulf region.

BBC News Original article ›
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The head of a pilots union says he no longer trusts that Boeing is following the quality practices it has followed for three decades that have made Boeing planes safe. Serious concerns about quality issues under management that comes from the financial sector without the extensive experience in the manufacturing or other related areas, about how workers put together the planes. A senior manager is cited in this BBC report that the culture at Boeing has been toxic to trust for over ten years so that even if new safety steps are introduced and new procedures added the lack of trust makes them nearly ineffective.

New York Times Original article ›
LyrArc Article Gist
Historical reasons spanning generations which have led to an impasse in Japan-S. Korea relations under president Park and prime minister Abe. The colonization of S. Korea and president Park's need to distance herself from her father who served in the Imperial Japanese Army when S. Korea was a colony of Japan, all serve to keep the two countries apart. The U.S. "pivot" to Asia under president Obama and pressure on S. Korea to improve relations with Japan has not helped. S. Korea prefers to stay neutral in Japan's disputes with China because of trade relations with the two neighbors and historical reasons.
The Hindu Center Original article ›
LyrArc Article Gist
Retired Union Health Secretary Sujatha Rao answers questions about the role of the elected government in Delhi and the role of the Lieutenant Governor in running the administration. Rao says that Delhi as the national capital, should have been designated like Chandigarh as a Union Territory without a legislature. The current structure gives the elected government insufficient powers to fulfill campaign promises.

The IAS is still relevans Rao says as is evident in India's politics so that day to day running of the administration can always be carried out when there is no stable government, as in Tamilnadu today. This is the role Sardar Patel envisioned for the IAS.

Economist Original article ›
LyrArc Article Gist
Syria borders Turkey, Israel, Iraq, Jordan and Lebanon, placing it in a pivotal geographical location. Because of this unique geography what happens in Syria affects Turkey because of the Kurdish minority in Syria, it affects Lebanon because of Syrian support to Hezbollah, it affects Jordan because of demands for democracy there, and it affects Israel because of the Golan Heights. Meantime the Syrian democracy protests continue with the military crackdown by the Assad government, which has ruled Syria since Hafez Assad, an air force commander, took power in 1970. After his death power was passed on to his son, as has happened much too frequently in the Middle East, resulting in the stifling of any movement for change and participation in government. An added complication is that Assad comes from the minority Alawite sect in a largely Sunni country.
Washington Post Original article ›
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The U.S. Border Patrol apprehended 327,577 illegal immigrants crossing the U.S.-Mexico border in fiscal year 2011, ending Sept 30. This is a steep decline from the 1.6 million apprehended crossing the border in 2000. The numbers have been dropping since the 2009 financial crisis and high unemployment in construction and other trades employing migrants. The figures for 2011 suggest a drop of about 25% from 2010. Researchers at the Pew Hispanic Center, say the balance now is about zero for people entering the U.S. across the border from Mexico and people returning to Mexico. In fact there are stories of money being sent to migrant workers without jobs in the U.S. by families in Mexico, which has affected the flow of migrant workers.
The Washington Post Original article ›
LyrArc Article Gist
Us bombs Kharg Island 15 miles from Iran mainland where most of Iran oil is transported by pipeline from oil fields, then loaded and shipped on oil tankers.90% of Iran oil exports are shipped from Kharg.

The Wall Street Journal Original article ›
LyrArc Article Gist
Drop in immigration reduces labor supply keeping the unemployment rate steady even as hiring cools off. Compared to the roughly 1 million in 2019 net migration was about 3 million in 2022 and 2 million in 2024. In 2025 this is now about a negative 250,000 or quarter of million negative migration. Out migration is expected at about 1 million. This means that about 35,000 non farm jobs created between May and July 2025 haven't increased the unemployment rate as fewer new workers join the workforce from illegal migrants. This has to have an effect for wages for the workers in construction and farm work as employers compete for a smaller number of existing workers though economists and the financial media rarely talk about this. This was needed following decades in which the labor supply increases from illegal migrants meant no pressures on employers to pay more than the minimum wage kept artificially low. This means that even well meaning Democrats who clamored for increasing minimum wage were doing exactly the opposite of what was needed for the existing worker base wages in construction, farm work, and household help, because of their sentiments or because of the immigrant wing in their party. Note that about a third of maids, a third of construction workers, and 25% of landscaping workers are not legal migrants. Agriculture Department estimates are for about 40% of farm workers to be without legal work authorization. ...
BBC News Original article ›
LyrArc Article Gist
During question time in the US Congress US Senator Rand Paul stated that the US money was used to fund research at the Wuhan Institute of Virology. A ban on gain of function research on virus was lifted by the US in 2018. Following the lifting of this ban which was strongly opposed by scientists at Cambridge, Massachusetts, research was conducted that many of these scientists considered dangerous and risky. This report in the BBC shows Dr. Anthony Fauci. director of the NIAID, the Institute for Allergy and Infectious Diseases responding to Dr. Rand Paul, Senator from Kentucky. Much of the discussion goes into definition of "gain of function research" and misses the broader implications. Scientists in Cambridge had warned early of the danger of doing research because of earlier mishaps such as the one involving anthrax research from accidents that are always a risk. Epidemiologist Marc Lipsitch of the Harvard Chan School of Public Health warned of just such an "accidental pandemic" in Three Questions, Three Answers in the January 2018 issue of the Harvard Chan School of Public Health journal. He stated that an "accidental pandemic" could result from the lifting of a ban on a risky kind of research favored by some virologist professionals. Most of the medical and scientific community in Cambridge fiercely opposed the lifting of the ban on what they saw as risky research with little benefit in 2018.    ...
The New York Times Original article ›
LyrArc Article Gist
Binyamin Applebaum cites different experts on how U.S. Fed policy could play out in 2017-2019. He cites Fed governor Dudley that there is increased uncertainty under the Trump administration, and other economists who say that aging population, lack of innovation, and steady growth under the Obama administration with falling unemployment, make it unlikely that growth will jump well above 2%. The Fed's own forecasts are for for under 2% growth in 2017 and 2018, and Applebaum says this is not expected to change by much. Janet Yellen does not see a huge stimulus as a positive, says Applebaum, because it would increase the deficit at the wrong time. He cites Yellen who prefers to see more fiscal space now that unemployment is down to 4.6%. Steady growth in the view of Fed officials has taken up much of the backlog of people looking for work since the 2008 crisis. Yellen sees some fiscal space as desirable with high debt to GDP ratio at 77 percent, so that the government could respond to some adverse event in the future. A Republican Congress is also averse to sudden increases in the deficit. See the link to views about the uncertainty of how things can play out in a separate article by Neil Irwin of NYT. ...
Wall Street Journal Original article ›
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The revised GMAT with an Integrated Reasoning section, that requires test takers to answer questions with complex graphs and charts for a more data driven business environment.
Wall Street Journal Original article ›
LyrArc Article Gist
A former chairman of the Council of Economic Advisors during 2010-2011 offers his reflections on the quantitative easing policies of Fed chairman Bernanke. He points out that the Fed was simply offsetting the effects of tight credit channels when it employed QE to prevent this from damaging the economy at a sensitive time. Inflation would have increased as critics say, only if the Fed did not reverse its policy with tapering as it is doing now. Bernanke offers a similiar assessment and says Fed critics refuse to look at todays inflation numbers which are below 2% for 2013- and also below 2% for 2012.
New York Times Original article ›
LyrArc Article Gist
Ms. Lopez from Guatemala and her three children living in Brooklyn, New York.
New York Times Original article ›
LyrArc Article Gist
Justice Kennedy's Sacramento roots and how this may have given him tolerance and respect for gay people.
The Guardian Original article ›
DW.COM Original article ›
The Guardian Original article ›
DW.COM Original article ›
LyrArc Article Gist
Brexit is now seen as based on some mistaken ideas that were presented to the public without much thought or seriousness. One of these ideas is that Britain would simply be free to sign its own trade deals with other countries. One such deal would be with a 1.3 billion people rapidly expanding economy like India. Yet India - Britain trade is very small today and is vastly overshadowed by EU - India trade relations. In fact the European Union is India's largest trade partner. By removing non tariff barriers and tariffs India's economy would expand by 1.3 % annually adding $25 billion to India's GDP each year, Ifo research shows. The EU would see 0.14% growth in GDP, a gain of 21 billion euros annually. Germany would boost its automotive and machine tools industries, and India its textile and services industries.  Many British companies manufacture in India and are not exporters. This situation is not likely to suddenly change with Britain able to strike its own trade deals. ...
WSJ Original article ›
LyrArc Article Gist
Arizona remains a state where the Republican and Democratic parties are very close. As Senator Krysten Sinema a Democrat, supported the Republican filibuster that required 60 votes for major legislation and thwarted some of president Biden's legislation to help workers and families in the US. Having alienated some Democrats she is now running for the Senate as an Independent. Her likely opponent from the Republican party is Kari Lake. Arizona is split three ways evenly for Republicans, Independents and Democrats. The question for Sinema says a Republican strategist is whether there are enough independents and soft Republicans who will vote for Sinema. Rep. Ruben Gallego is running for Democrats, Kari Lake for Republicans. Another question is whether Kari Lake's association with Mr. Trump could hurt Republicans in Arizona. Synema faces a difficult three way race as Democrats see her flagging support on key initiatives of the president as a serious problem.

The New York Times Original article ›
France 24 Original article ›
The Times Original article ›
LyrArc Article Gist
In an effort to take decisive action early the quarantine is extended from Lombardy to the whole of Italy. Travel is restricted to places where people live. Italy has suspended payment of bills, taxes and mortgages. All open air assembly and sporting events are banned. Italy's quarantine is similar to the quarantine in Hubei province China, where cases have dropped sharply showing that it worked in China. Italy is also setting aside 10 billion euros for the effort to contain the coronavirus crisis and mitigate the economic impact.

BBC Sport Original article ›
LyrArc Article Gist
A humble diligent focused Diogo Jota who never went to Benefica or Sporting or the big clubs but worked his way step by step and into the hearts of the Portuguese people and soccer fans everywhere. A tribute in the BBC Sports to Portugal's famous soccer player who died in a car accident.

New York Times Original article ›
LyrArc Article Gist
India's Supreme Court criticizes Prime Minister Manmohan Singh for failing to respond for more than a year to a request to investigate allegations about improper awarding of telecom licenses. Telecom licenses were sold by the government in 2008 to politically connected companies, at rates far below the market rates. The Auditor General's report showed that licenses were awarded in a way that "lacked transparency and fairness."

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