World News Insights
1-3 Minute Gist
Support LyrArc
Reader contributions keep LyrArc open for everyone
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
Direct From the Editor / On Topics Vital to the Nation
Browse Articles or use Lyrarc's US patented "Groups" and "Links" for new insights. A Lyrarc Group of Articles on a topic gives insights into particular angles shown in the Group Title. A Lyrarc Link shows more specific insights for 2 articles.
US Adm. Perry's Greenland (1890's) Seward with Alaska Purchase (1867) Truman (1946) DJT (2026) 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.
LyrArc Article Gist
The CBO annual report on the budget and economic outlook shows a deficit of $1.1 trillion for the current fiscal year, a decline of $200 billion from the prior year. Health care spending is a key factor driving the deficit. Cost of spending on healthcare programs is expected to double in the next 10 years, increasing by 8% a year and reaching $1.8 trillion in 2022.
The CBO annual report on the budget and economic outlook shows a deficit of $1.1 trillion for the current fiscal year, a decline of $200 billion from the prior year. Health care spending is a key factor driving the deficit. Cost of spending on healthcare programs is expected to double in the next 10 years, increasing by 8% a year and reaching $1.8 trillion in 2022.
4
Groups
LyrArc Article Gist
Australia's Qantas airline and its low cost carrier Jetstar is facing new competition on international routes from Malaysian airline Air Asia X. Air Asia X has new promotional one way fares of 60 Australian dollars for its Kuala Lumpur-Sydney route starting in April 2012. Scoot run by Singapore Airlines is also another competitor with 400 seats from Sydney to Australia each day. Virgin Australia is offering 30% lower fares on business class fares for domestic routes covering Melbourne, Brisbane and Sydney. Jetstar has provided 26% of Qantas earnings in the year ending June 30. So far Qantas has been the main beneficiary from the 50% increase in Australians going overseas in the last 5 years.
Australia's Qantas airline and its low cost carrier Jetstar is facing new competition on international routes from Malaysian airline Air Asia X. Air Asia X has new promotional one way fares of 60 Australian dollars for its Kuala Lumpur-Sydney route starting in April 2012. Scoot run by Singapore Airlines is also another competitor with 400 seats from Sydney to Australia each day. Virgin Australia is offering 30% lower fares on business class fares for domestic routes covering Melbourne, Brisbane and Sydney. Jetstar has provided 26% of Qantas earnings in the year ending June 30. So far Qantas has been the main beneficiary from the 50% increase in Australians going overseas in the last 5 years.
4
Groups
LyrArc Article Gist
Plans set by the National Development and Reform Commission to turn Shanghai into a leading global financial hub by 2015.
Plans set by the National Development and Reform Commission to turn Shanghai into a leading global financial hub by 2015.
LyrArc Article Gist
Jakab says Pfizer has managed the transition to a generic version of Lipitor and loss of revenues from the blockbuster drug in a well planned manner. The branded version of Lipitor still has a 32% market share according to IMS. An approved generic version of Lipitor sold by Watson Pharmaceuticals has a 27% market share. As a result the shock of losing Lipitor revenues has been cushioned to some extent. In 2008 Lipitor comprised 26% of Pfizer sales, in 2011 this has about 14%. This was partly achieved by acquiring Wyeth in 2009. Pfizer has returned $12 billion to shareholders in dividends and share buybacks in the year ending September.
Jakab says Pfizer has managed the transition to a generic version of Lipitor and loss of revenues from the blockbuster drug in a well planned manner. The branded version of Lipitor still has a 32% market share according to IMS. An approved generic version of Lipitor sold by Watson Pharmaceuticals has a 27% market share. As a result the shock of losing Lipitor revenues has been cushioned to some extent. In 2008 Lipitor comprised 26% of Pfizer sales, in 2011 this has about 14%. This was partly achieved by acquiring Wyeth in 2009. Pfizer has returned $12 billion to shareholders in dividends and share buybacks in the year ending September.
4
Groups
LyrArc Article Gist
Philips Electronics NV showed a net loss of 162 millon euros for the 4th quarter of 2012. Philips took a loss on discontinuing its television business of 270 millon euros in the 4th quarter, in addition to an earlier provision of 110 million euros for this purpose.
Philips Electronics NV showed a net loss of 162 millon euros for the 4th quarter of 2012. Philips took a loss on discontinuing its television business of 270 millon euros in the 4th quarter, in addition to an earlier provision of 110 million euros for this purpose.
6
Groups
LyrArc Article Gist
Governor Jindal's efforts to change the educational system in Louisiana to give better opportunities for students at failing schools, increasing education spending, basing teacher incentives on quality of education delivered, and removing the "first-in-first-out" method for letting go teachers.
Governor Jindal's efforts to change the educational system in Louisiana to give better opportunities for students at failing schools, increasing education spending, basing teacher incentives on quality of education delivered, and removing the "first-in-first-out" method for letting go teachers.
Support LyrArc
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us