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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.


NYTimes.com Original article ›
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The Biden student loan plan is for canceling $10,000 per student with $125,000 income cap. This is increased to $20,000 for other students with low incomes and Pell Mell grant loans. US president Biden says 12 years of universal instruction is not enough for a country like the US. How do we stay competitive in the world, asks Biden, without good education.

The Times Original article ›
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Russia is seeking guarantees from the US that Ukraine will not join NATO. Russian concern is that NATO would put in missiles on countries along its border. A Russian buildup on its border with Ukraine continues with the prospect of an invasion. President Biden and president Putin of Russia will discuss ways to resolve the situation this week in a phone call.

NHK WORLD Original article ›
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Japanese prime minister Kishida replaces four members of his cabinet after a probe of fund raising by a faction within the LDP.  Saito Ken is the new minister for economy, trade and industry. Hayashi Yoshimasa is new Cabinet secretary. Also with incoming ministers are the ministries for agriculture and for internal affairs. Prosecutors were investigating the sales of fundraising tickets.

WSJ Original article ›
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Spotify has resources to expand but has little to show in terms of profit. A venture into podcasting costing $1 billion has not led to an increase in profits. As a result there are layoffs at the company in an effort to make it profitable. This WSJ report looks at the experience of Spotify in the music and audio business since its founding.

NYTimes.com Original article ›
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Efforts to put aside the smartphone are shown in the NYT and ways this can be done to improve mental health and general well being. Some are switching to flip phones, others are keeping the smartphone only for some tasks and reducing its use so that they have more quality time with their spouses, friends and others they interact with in a better way.

WSJ Original article ›
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German Air Force chief Gerhartz discussing the use of Taurus long range cruise missiles on target Kerch bridge connecting Crimea and Ukraine in a 38 minute audiotape is posted on RT. The meeting took place using an online conferencing tool WebEx which is not encrypted to German armed forces standards. Chancellor Scholz of Germany opposes sending of such missiles to Ukraine. 

Original article ›
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Extensive research and analysis by The Guardian shows King Charles private fortune is about 1.8 billion pounds. Scottish and English land property at Balmoral and Sandringham is estimated at 330 million pounds. A stamp collection alone is 100 million pounds. For private income the Duchy of Lancaster, a land and property estate run as a profitable business, generates 20 million pounds a year.

dw.com Original article ›
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After two quarters of no growth the German economy contracted by 0.1% in the third quarter of 2023. The Constitutional Court ruled that German government's diverting $60 billion of unused pandemic funds to its climate and transformation fund was unconstitutional. If cuts are made in public spending as a result it could push Germany into a recession, says IMK Institute.

DW.COM Original article ›
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Germany's Foreign Minister Annalena Baerbock visits Ukraine on the way to Moscow for talks with Russian Foreign minister Sergey Lavrov. As head of the Greens Party Baerbock brings an independent voice in the German government on issues relating to Eastern Europe. Baerbock favors a firm stance for Germany and NATO in response to Russian military buildup on the border with Ukraine.

WSJ Original article ›
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US president Biden now plans to break the $2 trillion Build Back Better into smaller pieces so that where there is greatest support such as early childhood education, action on climate change, and other parts of Build Back Better, these parts can move forward in 2022. This is seen by Biden as a better strategy to accomplish the same goals.

WSJ Original article ›
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The ship Endeavor occupies a unique place in maritime history as it was used by Captain Cook to explore the eastern coast of Australia and the coast of New Zealand in 1770. Cook's ship sailed further south of Batavia to avoid the Dutch in the Indonesian islands and claim the new territories he could find for Britain. 

BBC News Original article ›
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The UK based JET Laboratory produces fusion energy on a tiny scale from neutron energy that is released with the heating of hydrogen atoms. Helium, neutron energy and neutrons are released from this reaction as shown here by the BBC. Such experiments are the first in a series of experiments that could make this a feasible source of energy for the future.

NYTimes.com Original article ›
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Nikki Haley calls TikTok "a dangerous social media asset" in a Republican debate for presidential hopefuls. Strangely the debate also had in a commercial break an ad for TikTok. Social media has been shown to have an harmful affect on the mental health of children. Use of social media also affects the reading ability and concentration of children and young people. 

WSJ Original article ›
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Inflation is down in industrialized countries of Europe and in the US. Inflation has dropped from about 10% to about 3% in the US and Europe. In the Netherlands prices are lower than a year earlier. In the eurozone inflation dropped to 2.9% in October from 4.3% in September. In 2024 further decline in inflation is expected as retail sales slow or decline.

The Guardian Original article ›
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Part of the problem of high unemployment of 20% for young people in China is that the university enrollment rates jumped between 2012 and 2022 from 30% to about 60%, doubling in one decade. This comes at a time of high unemployment of 20% for young people. A certain amount of disillusionment is there among graduates in 2023 because they have fewer job prospects.

WSJ Original article ›
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Planned restrictions on the export of Nvidia A800 chips to China is a signal from the Biden administration to chip companies to stop circumventing the export restrictions, says this report in WSJ. These restrictions may include cloud services too. A800 chips have the same computing power as the A100 which are already restricted for export, but have a lower bandwith for communicating with other chips.

WSJ Original article ›
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The Judge in the classified documents case sets the trial date for a speedy trial that takes place not in December as requested by the prosecution but a few months later in May 2024. This means the American people can have all the full facts and information to make their decisions on the course for America to follow in the next 25 years.

WSJ Original article ›
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There is a role for future ability, empathy, motivation, character and patience in college admissions, and past grades or  quantified scores alone cannot predict this, says this report in WSJ. This will also help produce an inclusive society, and a better society that fill positions at all levels in society in a better way than is done today, says Galston in the WSJ.

The Guardian Original article ›
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Child care shortages are pulling many women out of employment. This is becoming a major issue in the upcoming UK election. The Conservatives have added funding to give women aid to pay for child care costs. This does not address the shortages and reasons for the shortages. Labor has to come up with its plan that tackles the problem at a deeper level.

NYTimes.com Original article ›
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Scientists have now found a cure for the deadly XDR strain of tuberculosis. A trial was run in South Africa recently. Of the 30,000 such cases most are in China, India and Russia. About 10 million people get tuberculosis each year making it the deadliest infectious disease. About 40 daily pills are taken for 2 years for the cure, which is now FDA approved.

Original article ›
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A sixth wicket partnership of 139 runs between Butler and Woakes gives England a 3 wicket win. At one point England who needed 277 runs to win were down 5 wickets for 117 runs. The first Test against Pakistan at Old Trafford turned out to be one of many Test cricket matches that England come back to win. England win by 3 wickets.

WSJ Original article ›
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Support for Mandela's African National Congress, the ANC, has dropped as it fails to manage the economy for growth to meet aspirations of young people. Support dropped to below 40% and a majority for ANC in parliament is unlikely in the upcoming election. The pandemic hit South Africa hard and the weak economy, lack of growth, high unemployment, are serious problems.

NYTimes.com Original article ›
LyrArc Article Gist
Boeing looks outside for a new CEO overlooking talent inside Boeing. The new CEO is Kelly Ortberg selected from Rockwell Collins Aerospace. Overlooked was the CEO of the Commercial Aircraft Unit Stephanie Pope who had support from the ranks in manufacturing within Boeing. Boeing management has shifted to managers who are at a distance from the workers on the factory floor under CEO Calhoun.

NYTimes.com Original article ›
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The US loses to Morocco in the quarter finals of the 2024 Olympics 4-0. Morocco outplayed the US in every dimension with shots on target 8 for Morocco only one for the US. This shows how countries in the Arab world and in Africa are outperforming in the Paris Olympics. Egypt won over Spain one of the best European teams 2-1.

WSJ Original article ›
LyrArc Article Gist
This WSJ report points out that upto this point the US volatility index in 2024 has been very low. The drop in the US stock market on August 5, started with the effects of monetary tightening in Japan and its effect on the market in the US. Because of this the underlying situation in the US, the underlying low volatility has not changed.


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