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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.

GM Cuts Another 1,000 Jobs as EV Push Continues

  
WSJ - 11.15.2024 Original article ›
Ben Glickman
LyrArc Article Gist
As it ramps up its EV sales with new battery powered models GM is also cutting costs by $2 billion in 2024. EV's are still unprofitable because of large initial investments.

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As U.S. Exit Nears, Iraq Leader Vows Calm

3 Groups   
Wall Street Journal - 12.12.2011 Original article ›
Sam Dagher, Sam, Dagher

An American History Lesson for Europe

17 Groups   
Wall Street Journal - 02.03.2012 Original article ›
Thomas J. Sargent, Thomas, J., Sargent
LyrArc Article Gist
Thomas Sargent of New York University, the 2012 Nobel prize winner in economics, says the EU leaders can learn from the way the federal government in the U.S. handled the issue of state's debt when it came up in the 1790's and in 1840. In 1790 the federal government- under the leadership of Washington and Hamilton- saw the need to honor state's debt because of the contribution made by states in the war of independence and the U.S. assumed state's debt. In 1840 the U.S. refused to assume state's debt and states went into default. The result was beneficial because state's passed balanced budget rules and restrained reckless spending. Another benefit was that this preserved state rights to manage their finances and the federal structure setup under the constitution.
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In China, Growth at Whose Cost? - WSJ.com

6 Groups   
Wall Street Journal - 11.22.2006 Original article ›
Andrew Batson, Andrew, Batson, Shai Oster, Shai, Oster
LyrArc Article Gist
Average wage gains for rural areas about 5% between 2001 and 2003, and a loss of 2.5% in wages for the poorest 10% of the people in China are shown in information from the World Bank. This will be of concern to Chinese government as it moves forward with current policy.
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Hot-Air Buildup in Hong Kong

1 Groups   
Wall Street Journal - 10.24.2009 Original article ›
Mohammed Hadi, Mohammed, Hadi
LyrArc Article Gist
Apartment prices in HongKong are up 28% so far in 2009. THey are at their highest levels since the 1997 Aisna financial crisis. This occurs with rising unemployment and falling household incomes. It is fueled by low interest rates and cash rich investors from mainland China.
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Ai Weiwei Takes Role of China’s Conscience

4 Groups   
New York Times - 04.05.2011 Original article ›
Holland Cotter, Holland, Cotter

Poor Sanitation Found at Pharmacy Linked to Meningitis Outbreak

1 Groups   
New York Times - 10.26.2012 Original article ›
Sabrina Tavernise, Sabrina, Tavernise, Andrew Pollack, Andrew, Pollack
LyrArc Article Gist
The FDA's investigation into the New England Compounding Center pharmacy shows glaring neglect of the most basic safety and quality practices. The contamination that occurred at the pharmacy's production lab for vials resulted in a U.S. meningitis outbreak affectin 14,000 people and 24 deaths. Regulators were also at fault because of lax regulation of the production site at the lab and because the contaminated vials were a result of grossly negligent practices that were never flagged by regulators.
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Aiming for Top, Xi Forged Ties Early in China

2 Groups   
New York Times - 09.29.2012 Original article ›
Ian Johnson, Ian, Johnson

Google Wins an Antitrust Battle

10 Groups   
New York Times - 01.04.2013 Original article ›
Editorial

Oil Jobs Squeezed as Prices Plummet

2 Groups   
Wall Street Journal - 12.28.2014 Original article ›
Jeffrey Sparshott, Jeffrey, Sparshott

Microsoft Frames Itself as Underdog

5 Groups   
Wall Street Journal - 04.04.2014 Original article ›
Shira Ovide, Shira, Ovide

A Rift in Worldviews Is Exposed as Clinton Faults Obama on Policy

2 Links 6 Groups   
New York Times - 08.11.2014 Original article ›
Mark Landler, Mark, Landler
LyrArc Article Gist
Interview with Hillary Clinton, former U.S. Secretary of State, in Atlantic magazine, August 2014. In the interview Clinton is critical of U.S. president Obama's approach to foreign policy, and the "don't do stupid stuff" comment by Obama that is the psychology behind Obama's foreign policy of avoiding involvement in overseas conflicts- even when it was badly needed to preserve the U.S. role in the world. Hillary Clinton presented the Obama outlook on foreign policy as inward looking and cautious at every step, to the point of making America look pessimistic about the world and its role. This situation she described as not conducive to making any better decisions than the Bush-Cheney era approach of aggressively and even jingoistically pushing the country into foreign conflicts.
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As Indian Growth Soars, Child Hunger Persists

1 Links 4 Groups   
New York Times - 03.13.2009 Original article ›
Somini Sengupta, Somini, Sengupta
LyrArc Article Gist
A World Food Program report says India is home to over a fourth of the hungry people in the world, about 230 million people. Purnima Menon of the Food Policy Research Institute in Washington D.C., says India ranks below two dozen sub-Saharan countries on a Global Hunger Index. It ranks Madhya Pradesh, a state in central India, as somewhere between Chad and Ethiopia. And serious hunger and malnutrion persists in states that have done better in economic growth, like Gujarat and Maharashtra. The number of children suffering from malnutrition in 2009 is in the range of 42.5% in India compared to about 7% in China, according to figures cited by Rieff.
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Australia Calls Out More Troops as Fire Crisis Escalates

  
WSJ - 01.04.2020 Original article ›
David Winning, James Glynn

Israel’s Arab Voters Helped Deal Netanyahu an Electoral Setback

  
WSJ - 09.19.2019 Original article ›
Felicia Schwartz, Dov Lieber

Opinion | Rex Tillerson: I Am Proud of Our Diplomacy

  
The New York Times - 12.28.2017 Original article ›
Rex Tillerson

U.S. Added 148,000 Jobs in December; Unemployment at 4.1%

2 Groups   
The New York Times - 01.05.2018 Original article ›
Natalie Kitroeff

Merkel Edges Closer to Fourth Term as German Chancellor

  
WSJ - 01.12.2018 Original article ›
Andrea Thomas

US questions future of Nato as trade row deepens

7 Groups   
The Times - 06.11.2018 Original article ›
Bruno Waterfield, Brussels | David Charter, Berlin | Charles Bremner, Paris

From Yahoo to Yikes! as Verizon takes $6.7bn hit

  
- 12.12.2018 Original article ›
James Dean, Us Business Editor

Tories would be mad to risk an election now

  
The Times - 03.27.2019 Original article ›
Daniel Finkelstein

U.S. Companies Brought Back Foreign Profits as Coronavirus Struck

  
WSJ - 06.19.2020 Original article ›
Richard Rubin

World Economy Shudders as Coronavirus Threatens Global Supply Chains

  
WSJ - 02.23.2020 Original article ›
Chuin Wei Yap, Jon Emont

Rio Tinto Digs In as Rival Spins Off

15 Groups   
Wall Street Journal - 05.07.2015 Original article ›
Rhiannon Hoyle, Rhiannon, Hoyle
LyrArc Article Gist
Different strategies pursued by BHP Billiton and Rio Tinto in 2015 as the mining boom cools off.
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As Car Sales Boom Automakers get Smarter about Incentives

5 Groups   
Washington Post - 11.24.2012 Original article ›
Brad Plumer, Brad, Plumer
LyrArc Article Gist
U.S. auto companies are steadily reducing the incentives that reduced profit margins for many years. Cash back offers of various kinds to subsidized leasing programs are being pared back steadily in a determined effort to raise profit margins by Ford Motor, GM and Chrysler. The average incentive was $2,124 per vehicle in October, which was 1.4% below the level the prior year, according to Edumnds.com. The increase in demand helps automakers. The annualized rate for sales in 2012 was 14.4 million. The figures for incentives by automaker released by Edmunds.com show GM with the highest figure of $3037 per vehicle in incentives for October 2012, followed by Ford Motor at $2788, and Chrysler at $2683. The gap between U.S. car makers and the Japanese has narrowed, with Toyota at $1621 and Honda at $1420 per vehicle in incentives for Oct. 2012.
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Original article 3 minutes, gist 1 minute

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