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LyrArc brings in selected articles from many of the world's top publications.

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New York Times Original article ›
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The election of the Metropolitan Krill to head the Russian Orthodox Church marks a new beginning for Russia. His father and grandfather before him, were dissidents who spent time in soviet prison camps and were priests. He talked about the need for the church to rely on its own inner spiritual strength to carry on the dialogue with society and the state, and the need to find ways to restore the moral values now in decline in Russian society. He believes in the outreach to secular society. Greater involvement of the church to bring Russian society improvements in values and moral fabric can be expected.
New York Times Original article ›
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The deep cuts in Chrysler's engineering staf, with 40% of the engineering staff gone under Daimler and Cerberus, is hsowing up at job fairs. Jim Badhorn was a Chrysler engineer for 21 years before he took the buyout. He designed the rear doors of the Chrysler 300 sedan. Badhorn put much of the $75,000 into acollege fund for his 2 daughters. He hits the gym everyday. He is arenter so his home in Birminghan isn't like the other owners who have lost 40% of their home value. And he can't even find the end of the job line when he goes to a job fair for a military contractor.
Wall Street Journal Original article ›
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Brian Dunn will be new CEO of Best Buy. He worked for 24 years in Best Buy most of them in Best Buy sales and in stores. He believes in Best Buy's blue shirted sales employees, who help custoners navigate difficult technology. He sees them as asingular advatage in the electronics struggle for market share with Walmart, and in keeping customers. His idea is to turn Best Buy shopping into a series of experiences, and using innovative practices of store employees. Best Buy stores sales fell 6.5% in December and 4th quarter estimates are for sales decline of 5-15%, with anlysts estimates of a 20% decline in earnings per share.
New York Times Original article ›
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Did Summers spend so much time in the hedge fund world and with institutional investors like sovereign wealth funds, and other large investors, that he started to think like them, asks a Professor of Public Policy at UCLA. Is therre a conflict of interest here in that Summers is advising Obama on issues like hedge fund regulation when his most recent position was managing director of a large hedge fund D.E. Shaw, where he made $5.2 million last year. At the G20 meeting Obama's position on hedge fund regulation was one of the critical differences between him and the Europeans who wanted strict comprehensive regulation.
BusinessWeek Original article ›
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Mishkin a Columbia University Prof. who is a Fed Governor close to Ben Bernanke presented a paper at the Jackson Hole conference saying that the best strategy was for the Fed to act quickly as house prices fall and cut rates. Under this strategy the Fed would hit bottom in rate cuts a little over 2 years compared to about 4 years if the Fed waited to see what happens to the housing market and the housing market was in steep decline by the time the Fed acted decisively. This would mean less lost economic output. This makes sense as the housing market is going to see a serious impact.
New York Times Original article ›
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Its unbelievable that the FDA in 1993 would even approve the use of hormones to get more milk from cows. And its unbelievable that Monsanto would promote BST or Posilac against the interests and wishes of millions of people for something as basic as milk. Unbelievable that Monsanto would lobby to prevent milk producers who chose not to use the BST hormone to say so on the label of the milk box. That the secretary of Agriculture banned such labels in Pennsylvania and the Governor had to reverse it after a public uproar shows how insensitive to public opinion and healthy living matters some companies have become.
Wall Street Journal Original article ›
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The lawyers who organized a movement for respect for the judiciary and reinstatement of all judges fired by Musharraf say their goal is the rule of law in Pakistan and look beyond the present political parties to a system of government that respects the law and the judiciary as in a parliamentary system like that of the United Kingdom which offers the earliest prcedent of judicial systems in Pakistan from the days of the British in India. This bodes well for Pakistan as the lawyers and their supporters can provide some fair and judicial basis for good government when the politicaians and the military have failed.
New York Times Original article ›
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Paul Ryan brings an inclusive stye to his job as Speaker of the U.S. House of Representatives. He has shown a sharply different approach to his predecessor Boehner who preferred to keep matters close to himself and his inner circle. Ryan has put drafting legislation into the hands of members of the House, organized meetings where moderate Republicans get to meet conservative Republicans so they can agree on common goals, shared information with Republican members on meetings with Democrats, and communicated with the media at frequent intervals to keep the public informed. The approach is welcomed by Republican members of the House after the divisions and disagreements under Boehner.
Wall Street Journal Original article ›
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The U.S. plans to join the EU's WTO complaint over Russia's recycling fee for automobile imports which does not apply to domestically manufactured cars. EU officials say the levy has cut the imports of European automobiles into Russia by 7%. The levy was imposed for five years following Russia's admission into the WTO and is seen as unfairly discriminating against imported cars. Russian automobile sales reached 2,935,000 in 2012, increasing by 11% over 2011. Sales are estimated at 2.8 millon by the AEB trade group for 2013. All ten of the leading models by sales for 2012 were Russian domestically manufactured automobiles. The case goes before the WTO in July 2013.
DW.COM Original article ›
Le Monde.fr Original article ›
LyrArc Article Gist
Veering between reckless intervention and doing nothing has led to some of the problems the US faces even today.  Barrack Obama created the hope for Arab Spring at Cairo University in 2009, which he failed to follow up on. Ronald Reagan and his Arab envoy Donald Rumsfeld, Defense minister Weinberger, supported a reckless intervention on the Iraq side against Iran in 1980 after winning the election following the capture of hostages in the American Embassy in Iran. Reagan was reckless in such intervention not understanding what was happening in a religious sectarian and Arab Socialist ideologies war in which US interests were not involved. Le Monde of France recounts how Barrack Obama hesitated to followup on his warnings in 2011 after the Arab Spring. This led to Obama doing nothing in the face of just what he had stated at Cairo University of people "having the ability of speaking their mind and having say in how they are governed," and US intention "we will support them everywhere." Another instance of no action was with a failed state situation and  millions of refugees in Venezuela after a Bolivarist Chavez ideological economic collapse similar in some ways to Arab ideologies Iraq and Syria. US did not follow the Monroe Doctrine on non intervention of foreign European powers on the American continents. Obama's speech and then inaction may be at the root of today's problems of migration and the divisions it has caused. Millions of Syrian refugees left for Greece, Hungary and Germany in 2015-2016. It was followed by Brexit again on migration. And in 2016 migration and the Border in the US election. And again in 2022 and 2024 the Border and migration the big issue in the US election. In a speech at Cairo University in 2009 during a visit to Egypt. Obama said: "I do have an unyielding belief that all people yearn for certain things: the ability to speak your mind and have a say in how you are governed; confidence in the rule of law and the equal administration of justice; government that is transparent and doesn't steal from the people; the freedom to live as you choose. These are not just American ideas; they are human rights. And that is why we will support them everywhere." On September 11, 2012 following the death of Libyan dictator Muammar Khadafi and the beginning of civil war in Libya, the Libyan mission in Benghazi was attacked with US ambassador Christopher Stevens killed just 2 months before the US presidential election.  Faced with use of chemical weapons Obama issued a warning to Syrian regime in Damascus- then following the Libyan experience did nothing. Le Monde cites an interview with president Hollande of France in 2015 who expressed his frustration with France willing to act.  Obama underestimated the ISIS in the region says Le Monde, leading to the situation by 2015 of the eastern part of the country linked to the region around Mosul going under ISIS. By 2016 the problem of ISIS was left to next US president DJT to tackle by Obama, a result of the inaction in 2012-2013 on Syria, says Le Monde. And like Angela Merkel in Germany on migration, Barrack Obama simply rationalized his action, with the US and the EU left to tackle the results of these actions.     ...
The Guardian Original article ›
LyrArc Article Gist
Changes in Iowa in the Des Moines Register-Selzer poll in the last days of 2024.

This poll shows-

The Democracy issues raised by president Biden have traction in the state of Iowa, as this is the No. 1 issue cited by people supporting Harris and Biden, by 51%. Abortion comes next at 22%. 

It also shows the Economy and Cost of Living was the No. 1 issue for traction for Republicans in Iowa it being cited by 49% of Republicans. Immigration comes next at 25%.

Harris support among older Iowans over 65 years who almost always vote at 55% to 36%, and by voters under 35 years by 46% to 44%. 

97% of Democrats support Harris, 89% of Republicans now support Trump in Iowa. 

Washington Post Original article ›
LyrArc Article Gist
The Freedom Party with anti-immigration position gets 28% of the vote with centrist People's Party which is said to have handled the recent floods well at 26%, and the Social Democrats at 21%. This leaves the only prospect of a government of the Centrist parties with the Social Democrats. It also shows that Socialist party leader Mette Frederiksen, prime minister of Denmark since 2019, is right that immigration simply distracts from important economic issues of cost of living and wages for workers and families, that immigration should be stopped so that other important issues for working class families can be addressed.This is also the view of Labour Party leader Keir Starmer in Britain and of Biden-Harris in the US who want to see the Republican Lankford legislation closing the Border passed and which Harris promises to have it brought to her desk to sign.

The Guardian Original article ›
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Maggie Smith was known by people who knew her as a person of great wit and humor. This is how she described herself-

"My career is chequered. I think I got pigeonholed in humour … If you do comedy, you kind of don’t count. Comedy is never considered the real thing.” 

There was much humor, laughter, and yet there was the way this also brought out in her performances the anguish of the human condition as in "The Prime of Jean Brodie," about an Edinburgh teacher with a misguided admiration for Mussolini and the event that led to realizing her moral blindness when she says "Mary McGregor", hearing that one of her impressionable girl students had died in the Spanish Civil War of the 1930's.

WSJ Original article ›
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Emil Bowe, 43 years, is a federal prosecuting attorney at Southern Division, New York. WSJ calls him a state school kid among Ivy Leaguers, a law and order type who is passionate about prosecuting the bad guys. Emily Bowe and Todd Blanche are Deputy Attorney General and Principal Attorney General under DJT in 2025. Todd Blanche brought him in to defend DJT in 2024 cases filed against DJT.

Bowe from Seneca Falls upstate New York  went to University of Albany for BA and Georgetown for JD. He has given priority to pursuing immigration offense and narcotics crime in preference to white collar crimes and has a single minded dedication to the task. He is now overhauling the Justice Department to make the shift from white collar crime to immigration and fentanyl flows at the US borders.

WSJ Original article ›
LyrArc Article Gist
Funding for US colleges decreases, fewer high school students graduate in 2025. Fewer foreign students. All this is affecting American colleges. For two decades American colleges allowed tution to get out of control making it unaffordable for a middle class that was already hit by the American leaders who allowed America's industrial base to be shipped out to China. As factory towns dwindled in importance and worker jobs and incomes declined across the length and breadth of America, universities and colleges took little responsibility even as young men opted to not go to college. Tution fees kept rising requiring loans that could not be paid off. Today the rust belt is coming to these colleges as the DJT administration has decided to give low priority to funding these colleges and universities and new career paths are being created through apprenticeships and other vocational education.

Wall Street Journal Original article ›
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The Obama administration's Small Business Jobs Act of Sept 2010 set aside $30 billion to stimulate lending to small business. Only 7% of 7700 U.S. lenders have signed up for the program so far. The deadline to sign up to participate has been extended from March 31 to May 16, 2011, by the Treasury Department. Banks have been hesitant to sign up for various reasons: banks say they see a stigma to taking these loans, and need additional staff to handle the extra paperwork. Banks say there isn't enough demand for loans from small business, or that there is enough capital already to handle larger better collateralized borrowers with the others considered too risky anyway.
Wall Street Journal Original article ›
LyrArc Article Gist
Portfolio manager Robert Arnett, who manages two of PIMCO's funds, has some alarming things to say about the environment retirees face in the future. In ten years for every working age person added to the workforce there will be 10 new retirees, the complete reverse of what it was ten years ago when there were 10 new working age persons for every new retiree. The impact of this will take the shape of many more retirees selling stocks and bonds to live on and fewer buyers for the bonds and securities, lowering the prospects for higher prices for bonds and securities. He expects the demand for goods and services to continue with higher prices. He sees stocks giving a nominal return of about 5%, bonds a nominal return of 2-4%, for a balanced portfolio yield of about 4%, during the next 10-20 years. After inflation and taxes the returns will be very thin. Expectations of 10% returns do not take into account deficits, debt, and demography in developed countries, says Arnott.
The Wall Street Journal Original article ›
LyrArc Article Gist
Report on Climate Science put out by the US Energy Department in 2025 questioning the severity and impending nature of climate change effects. It is challenged by scientists who believe in the severity and impending nature of climate change, quite the opposite. Koonin, a Fellow at the Hoover Instituion at Stanford describes the work and its conclusions. He says the research is peer reviewed and looks at 200 years of climate research. Some of the conclusions- That climate change models claiming catastrophic situations are ultra sensitive and lead to extreme scenarios.  It talks about climate variability, and model deficiencies, data limitations. And says data for climate over continental US show no long term trends for extreme weather events. Global sea level rise of 8 inches since 1800 is not disputed but it says US tide gauge data shows no long term acceleration in warming globe.  On one point there has been agreement even in the Biden administration- what the US does to cut emissions will little effect the global changes in warming- because of coal use by China and India defended as needed for electricity for two billion people, an essential need. Thus the desire for a calculated tradeoff which lets the US take advantage of its abundance of oil and gas to reduce the cost of living for ordinary Americans, also an essential need. Because of the declining cost of natural gas vs coal, coal is in gradual phase out, and declining cost of solar means Germany, China, India are making the shift to solar, and nuclear energy provides another option. The difference is that the DJT administration is taking government out of the effort and letting the private sector work out building of renewable sources. Government is not always the answer as electric cars are likely to make more gains in 2026 than under the Biden administration because of VW, Mercedes, BYD, Ford and GM coming up with cars that can do close to 500 miles on one charge and the cost of an EV down to about $30,000 to $40,000. ...
NYTimes.com Original article ›
LyrArc Article Gist
Elizabeth Warren's Medicare for All plan in the U.S. draws support from about 60% of people polled for the New York Times. Over 66% support Warren's 2% wealth tax on people with wealth over $50 million. The support is consistent among all groups, gender and race. Only a group of Republican men with college degrees which is likely to include the bulk of the people with wealth over $50 million oppose the wealth tax and Medicare for All. Over the past year wealth tax and Medicare for All support has grown with about 60% of people supporting Medicare for All, a plan similar to government plans in most of Europe and in Canada which have worked over many years.

Warren's plan wins support by showing how it will be paid for and why most people will pay no more than they are paying today, and overall much less because of unnecessary costs taken out of the system.

BBC News Original article ›
LyrArc Article Gist
What is 2 metres apart social distancing? This BBC video shows how. It is as if you are holding a broom. Thats how far you should be from someone else. In buses or transport no one in front or back of you. In conference rooms a similar distance. In parks outside 2 benches long distance. Be sure to see this video as it is critical in the fight against coronavirus. Most people don't get it that a large number of people have it and are asymptomatic, (its not like the regular flu where everyone has symptoms) yet they are carriers of the virus and spreaders of it. That is how the problem got worse in Europe and America in congested areas where restrictions were relaxed for too long. This is why the 2 metres rule (6 feet) is a safety rule, just like not crossing a red traffic light.

New York Times Original article ›
LyrArc Article Gist
Only refugees from war zones are eligible for asylum in Germany. People coming from the Balkan countries looking for better job opportunities are being sent back home in September 2015.
New York Times Original article ›
The Times Original article ›
LyrArc Article Gist
The firing of John Bolton as National Security Adviser opens up the possibility of a meeting of Trump with President Rouhani of Iran. There is a need for both sides to begin talks on a nuclear deal that would replace the one Iran signed with president Obama to address issues raised by Mr. Trump and Republicans. Iran and countries that buy oil from Iran such as India, China and Japan have an interest in relief from sanctions imposed by the Trump administration on imports of Iranian oil. The European Union is keen to preserve aspects of the nuclear deal. Relief from sanctions is critical for Iran to develop its economy. The last two decades have seen Iran struggle to develop its economy with the sanctions imposed by  different U.S. administrations.   President Trump expressed flexibility on sanctions saying "we will see what happens. I think Iran has potential. They are incredible people." President Rouhani urged Mr. Trump "to put warmongers aside." Mr. Trump told reporters that he had resisted Mr. Bolton's opinions on issues and realized he had moderate views when compared to someone like Bolton.  Trump told Iran "We are not looking for regime change. We hope we can make a deal and if we can't make a deal thats fine too. But I think they have to make a deal." Helping the U.S. and Iran come to talks is president Macron of France who hopes to setup a meeting at the UN General Assembly which meets next week following his efforts at the G-7 meeting in France last month. In the past when tensions were high in the Straits of Hormuz President Trump refrained from aggravating this by saying actions that are "disproportionate" should not be taken and respected Iranian intentions. The tone of the conversation between the two sides has moderated to the point where both sides realize the need for coming to some compromise. This is in sharp contrast to the period a few months ago with rising tensions in the Straits of Hormuz and the seizure of an Iranian ship. Bolton's opinions were not the only issue for president Trump. He was also seen as the source of leaks including one that said Mike Pence, the Vice President, had opposed Mr. Trump's plan to bring the Taliban to Camp David. Also contributing to the new climate for talks is Mike Pompeo the Secretary of State, who has promoted the idea of talks with Iran. He told the media about such a meeting at the UN General Assembly in New York- "Sure. The president has made it very clear that he is prepared to meet with no pre-conditions." The willingness to try new ideas even contrary ones to policy pursued only a short while ago as long as the desired goal is reached is a feature of this presidency and key advisers. From the beginning of the Trump administration there is a firm sense of the need to end the wars in Afghanistan and Iraq. and reduce foreign entanglements that have dragged on wasting resources and destroying priorities. With a willingness to try all sorts of approaches even ones that appear to be contradictory always keeping the end goal in sight. ...
The Indian Express Original article ›
LyrArc Article Gist
India's Foreign Minister S. Jaishankar said at an Atlantic Council event in Washington D.C. that estimates have been made of what the British took out of India over two centuries and this has come to $45 trillion in today's value. India suffered humiliation for two centuries from 1756 to 1947 with British rule. The country was "bled" and this was first documented by a member of parliament Dadabhai Naoroji in 1901 in London in his book explaining the causes of India's deep poverty in his book with the title- Poverty and Un-British Rule in India. For the first time detailed financial figures were put together on what Britain took out of India and India's Mohandas Gandhi says this was how he learned about how much India suffered economically under British rule with the neglect of agriculture, the peasants and landless laborers making up the vast population of India. Taxation was burdensome on a poor population during most of the period. Railways and mass communication only helped keep the vast region together under British rule and most of the budget went into security and policing for the Empire. Investment in industry or agriculture was neglected for most of the nineteenth century and half of the twentieth. Strangely the first Indian edition of Naoroji's book was only in 1962 with most Indians unaware of what had happened and where this was first documented. Even Cambridge educated Nehru looked at the railways and mass communication as British contributions to india when in actual fact this was of a strategic security aspect for the British in a vast region, and little was done to improve the standard of living of the people in the villages who worked in subsistence agriculture. Gandhi's task was to increase awareness at the grassroots level of the condition of the country. Something he never hesitated to do even writing to the Viceroy who was in charge directly showing how the budget in the 1920's was entirely lacking in any funds for India's development. This letter can be seen today in the Sabarmati Ashram in Ahmedabad, the museum for Gandhi in his home state of Gujarat. One of the lesser known facts about the independence struggle is that Gandhi wrote a little book in 1910 with title "Hind Swaraj" on a steamship making its way back to South Africa from Britain where Gandhi led a deputation for rights of Indian coolie laborers in South Africa. I picked up this book at the original home of Gandhi and his parents in Porbandar, India, recently. In this book "Hind Swaraj" written in 1910 we find astonishingly all the details of the planned struggle for independence that were to happen over the next 20 years. In 1930 with a new edition Gandhi wrote that he had followed this unchanged for 20 years and would change nothing except one line in the book. The book in 1910 was promptly banned by the government of Bombay, yet Indian editions appeared soon afterward. It is written in question and answer format with Gandhi himself posing the questions which he answers, some challenging his view of India, Britain, Indians and the British. He did not blame the British, and called for Indians to take responsibility for letting the British rule in India happen and what was the best way out.  ...

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