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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.

Debt Ceiling: House Approves Deal Struck by Biden and McCarthy

  
WSJ - 05.31.2023 Original article ›
Siobhan Hughes, Natalie Andrews
LyrArc Article Gist
The Bipartisan Debt Agreement passes the US House of Representatives with 149 Republicans supporting Speaker and Republican Majority Leader Kevin McCarthy, and 165 Democrats. It passed the House 314 to 117 votes. It also asserts Speaker McCarthy's leadership in the House and Mitch McConnell's in the Senate for Republicans seeking a bipartisan approach to bring Americans together on vital issues.

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Spain announces €10bn help to fight rising prices

1 Groups   
BBC News - 02.02.2023 Original article ›
LyrArc Article Gist
The government of Pedro Sanchez has announced additional $10 billion in cost of living aid to take the total to $45 billion. It comes through reduced VAT and $200 one off payments to households making less than 27,000 euros a year. The government has been able to bring inflation down to 6.8%, lowest in the European Union, though food inflation is higher.

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Her Plan for Putting the World Back Together? Trees.

  
NYTimes.com - 03.09.2023 Original article ›
The New York Times
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NYT provides this conversation with a botanist and biochemist with a spiritual passion for trees. She reveals the many ways in which trees support the human health and souls, says NYT. She has a vast scientific knowledge of it and a spiritual connection with forests. She talks about why we should preserve old forests and plant more in this conversation.

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There’s No Substitute for Meeting in Person. Here’s Why.

  
WSJ - 03.09.2023 Original article ›
Jeffrey A. Hall
LyrArc Article Gist
Meeting in person takes mental energy, yet it is essential to restore our connection to each other. Simply relying on social media or messages is easy but a losing proposition and simply increases the human need for meeting people in person. It takes a lot more work to meet in person, but it is more energizing and fulfills a human need to see people.

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Winter’s Onset Will Change Russia’s War in Ukraine

  
WSJ - 10.24.2022 Original article ›
Matthew Luxmoore, Stephen Fidler
LyrArc Article Gist
The effects of a winter war when the muddy ground freezes by December is likely to pose severe difficulties for troops on both sides in the Ukraine war. Everything slows down in this period and any advances become difficult. Efforts are being made to make provisions for firewood, winter clothing, and supplies for the winter in the east around Kharkiv. 

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Russia to Suffer Worst Slowdown of Any Major Economy

  
WSJ - 11.01.2022 Original article ›
Paul Hannon
LyrArc Article Gist
The Russian economy will suffer a loss of about 7% of GDP in 2022. After 2023 over the next five year period Russia will feel the effects of a drop in energy demand as it tries to find markets to replace European demand. The shift to renewables will accelerate in future years and will affect the demand for Russian fossil fuel supplies.

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Bernie Sanders in damn good mittens – Brendan Smialowski’s best photograph

  
The Guardian - 11.30.2022 Original article ›
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Pictures that are poetic, this one taken by Agence France Presse's Brendan Smialowski.  Bernie Sanders, the independent Senator from Vermont being what else Bernie Sanders. Not schmoozing with people. Bernie in mittens made by a Vermont school teacher, the mittens prominent. It was taken at Biden's inauguration and shows Bernie Sanders in his typical self, independent, unswerving.

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WSJ News Exclusive | U.S. Altered Himars Rocket Launchers to Keep Ukraine From Firing Missiles Into Russia

  
WSJ - 12.05.2022 Original article ›
Michael R. Gordon, Gordon Lubold
LyrArc Article Gist
Steps the US has taken to not let the war escalate even as it arms Ukraine to be able to defend itself. The goal being to defend Ukraine and seek a settlement as quickly as possible with Russia. Biden, Macron and Scholz have talked to Putin in the last few weeks as the winter war drags on with no one gaining from this war. 

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Maersk Appoints New CEO as Container-Shipping Market Hits Skids

  
WSJ - 12.12.2022 Original article ›
Costas Paris, Dominic Chopping
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Denmark's shipping company Maersk is a bellwether of global trade with 700, ships and managing port terminals, logistics. Maersk has a new CEO Vincent Clerc as the company takes on a challenging environment with disruptions in the the supply chain and in global shipping during the pandemic, and shift in supply chains to other countries in Asia including India and Vietnam.

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Toshiba Puts Itself Up for Auction, Bowing to Shareholder Pressure

  
WSJ - 04.21.2022 Original article ›
Megumi Fujikawa
LyrArc Article Gist
Toshiba is up for auction. It shows what an accounting scandal can do to a company which is what happened at Toshiba in 2015, followed by bankruptcy of its nuclear business, and sale of assets. It is now more than half owned by foreign shareholders, and companies outside Japan are bidding for the company. It still has valuable technology in batteries, semiconductors and elevators.

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Global Growth Ebbs in Face of Ukraine War, China Slowdown

  
WSJ - 04.22.2022 Original article ›
Tom Fairless, Gabriel T. Rubin
LyrArc Article Gist
A slowdown in the world economy is expected with the lockdowns in China and effects of the war in Ukraine on the European economy. Manufacturing companies are facing supply chain disruptions and higher costs. On the consumer side the surge in inflation is reducing purchasing power. In Europe the German auto sector was hit hard with risks in the EU and in China.

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Original article 6 minutes, gist 1 minute

War in Europe and China’s Battle With Covid Boost U.S.’s Business Appeal

  
WSJ - 05.07.2022 Original article ›
William Boston, Tom Fairless
LyrArc Article Gist
European businesses are increasing investment in the US because of its relative stability and growth compared to a sharp slowdown with covid lockdowns in China and political risk in China with the war in Ukraine. The US is also more attractive than Europe for investment as Europe face a slowing economy with the war in Ukraine and the embargo on Russian energy supplies.

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German Production Flags, Hit by Ukraine War and China Lockdowns

  
WSJ - 05.06.2022 Original article ›
Tom Fairless
LyrArc Article Gist
A decline in German manufacturing driven by the decline in its large auto sector. This in addition to Germany's large investments in China under Merkel and Chinese lockdowns will delay a post pandemic recovery, says this report in WSJ. Germany is now shifting its investments to the US as shown by the new investment in a VW Scout brand restarted in the US.

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Live: EU to help break blockade on Ukraine’s Odesa to free up grain exports

  
France 24 - 05.12.2022 Original article ›
LyrArc Article Gist
The EU has set a goal of getting 20 million tons of grain exports out of Ukraine in 3 months using EU transport infrastructure. This is vital to feed many parts of the world. Ukraine exported 44 million tons in the 2020-2021 growing season. Russia is conducting a blockade of Odessa on the Black Sea to prevent Ukraine exports from leaving.

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Soaring Costs Threaten U.S. Offshore-Wind Buildout

  
WSJ - 01.01.2023 Original article ›
Katherine Blunt, Jennifer Hiller
LyrArc Article Gist
Biden's US target for offshore wind in 2030 is 30 gigawatts of energy. Companies ranging from Spain's Iberdola building off the coast of Massachusetts and Denmark's Orsted building off the coast of Rhode Island to Maryland say costs are soaring. Vessel sharing is a challenge, so is the competition for resources to build offshore wind farms from Europe.

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Backing Sri Lanka, India sends financing assurances to IMF 

  
The Hindu - 01.17.2023 Original article ›
Meera Srinivasan
LyrArc Article Gist
India was the first to offer financing assurances on behalf of Sri Lanka for a loan of $2.9 billion from the IMF. Written financing assurance from Japan will follow soon. A similar assurance from China will help Sri Lanka get the IMF loan of $2.9 billion. India's External Affairs Minister Jaishankar will visit Colombo on Jan. 19 and 20.

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Original article 3 minutes, gist 1 minute

Women in Himachal Pradesh create livelihoods with pine needles

  
The Hindu - 01.17.2023 Original article ›
Vikas Vasudeva
LyrArc Article Gist
A project of the Japan International Cooperation Agency with the Himachal Pradesh Forest Department in India provides employment for women, increases upward mobility, and conserves biodiversity. Pine needles from the chir pine tree are converted into baskets, pen stands, serving trays. About 1.2 tons of chir pine needles are shed per hectare in Himachal's 124,000 hectares of chir pine forests.

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Original article 4 minutes, gist 1 minute

‘This has saved us’: UK food banks on front line of cost of living crisis face soaring demand

  
France 24 - 01.26.2023 Original article ›
LyrArc Article Gist
French reporters visit a Salvation Army food bank in London's East Ham neighborhood. This is part of a series of reports on the cost of living crisis in Britain and institutions that are on the front line on the fight against poverty. Charities reliant on small donors are feeling the pinch as demand for services is soaring, says this report.

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German residents make plans amid fears of a winter gas shortage | DW | 15.07.2022

  
DW.COM - 07.15.2022 Original article ›
Sinem özdemir
LyrArc Article Gist
German residents preparing to cope with a cutoff and rationing of gas for heating during the winter of 2022. Hospitals and homes will get priority over industry. DW.com shows how 8 people living together in a large home in Bonn's old city plan to cope with the situation in winter. Oil tanks used for heating will cost double this winter.

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Original article 9 minutes, gist 1 minute

War in Ukraine ‘has changed the equation’ between the West and Saudi’s MBS

  
France 24 - 07.28.2022 Original article ›
LyrArc Article Gist
The MBS visit to France by Mohammed bin Salman of Saudi Arabia is part of the changing situation in Europe after the war in Ukraine. The EU needs Saudi Arabia on its side as it makes the transition to renewable energy after a cutoff of Russia gas supplies. In this transition Germany and France will be looking for additional supplies from the Gulf region.

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A Tale of Two Housing Markets: Prices Fall in the West While the East Booms

  
WSJ - 03.27.2023 Original article ›
Nicole Friedman
LyrArc Article Gist
Home prices in cities in the western US including California and Austin, Texas, which were overvalued are now decreasing by about 10%. Cities in the east are seeing increases of a similar amount. Some cities such as Raleigh and Nashville which increased significantly in price are now expected to decline. No collapse is expected in home prices as there is not enough supply.

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Trump Arrives in New York for an Arraignment That Will Make History

  
NYTimes.com - 04.04.2023 Original article ›
Corey Kilgannon
LyrArc Article Gist
Todd Blanche, a former federal prosecutor joins Mr. Trump's legal team for the indictment in New York. He spent nearly 10 years as the assistant US attorney in the Southern District of New York. He joins Mr. Tacopina, another assistant US attorney for the Souther District of New York, and Ms. Necheles who was an assistant district attorney in Brooklyn.

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Live Updates: Brandon Johnson Is Elected Mayor of Chicago

  
NYTimes.com - 04.05.2023 Original article ›
Julie Bosman, Mitch Smith
LyrArc Article Gist
Brandon Johnson wins Chicago's mayoral election 51.4% to 48.6% over Paul Vallas. He is a former county commissioner and teacher's union organizer who called for a vast expansion of social programs and higher taxes. His opponent called for a crackdown on crime. Chicago is struggling to get out of a pandemic slump and struggles in the public school system.

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‘India discovered its strength the same way…’: Jaishankar on Hanuman Jayanti

  
Hindustan Times - 04.06.2023 Original article ›
LyrArc Article Gist
India's foreign minister S. Jaishankar echoed pm Modi's remarks on BJP's 44th foundation day- "The way Lord Hanuman discovered his strength and performed infinite feats, I think we discovered our strength in 2014, and have kept discovering it since then." In the past Jaishankar has said Lord Krishna and Lord Hanuman were the greatest diplomats.

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India's dash to build roads could lift exports

  
mint - 04.18.2023 Original article ›
Livemint
LyrArc Article Gist
Next generation logistics with India's new road, ports and aviation infrastructure building will be a key factor in increasing exports to $2 trillion by 2030, says this view in The Mint. The lack of logistics capabilities is holding back exports at the current time. This needs to change with the government's Gati Shakti plans for next generation infrastructure.

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Original article 1 minute, gist 1 minute

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