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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.


WSJ Original article ›
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Bellman and Dayal in WSJ give this amazing report of how vaccine travels from Pune to remote region of Mizoram hills in India's northeast near Burma. This is the story of the largest vaccination drive in the world that aims to have the vaccine supplies by July to vaccinate the entire population of 1.2 billion people by December 2021. It all began with Oxford University and Astra Zeneca with the decision to make the vaccine available to such a vast population and to people in all parts of the world not just Europe and the US. Bharat Biotech and India's pharmaceutical manufacturers have now joined efforts with the help of the Indian government to produce enough vaccine at affordable cost and make vaccine supplies ample and accessible. This will then be extended to all parts of the world.

WSJ Original article ›
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A US Senate Committee bipartisan investigation will look into MPT, Medical Properties Trust, a large hospital landlord, and the private equity dealings in hospitals, says this report in WSJ. This WSJ report by Melanie Evans and Jonathan Weil looks into Steward, a for profit company that was created by Cerberus Capital Management in 2010 when it bought a chain of struggling non profit Catholic hospitals in Boston. For the Carney hospital in Massachusetts Steward paid $12.5 million and MPT put in $263 million in 2018 to buy the Carney hospital buildings which it then rented back to Carney, according to this WSJ report. Steward now owns 31 hospitals in 8 states including 8 in Florida some of which are shown here in a deep cash crunch. The state of Massachusetts has now sent nine monitors to each of the hospitals in Massachusetts.

The Guardian Original article ›
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Since the beginning of the $9 euros ticket for travel on the German rail system Deutsche Bahn on June 1, 2022 52 million tickets were sold. The ticket allows anyone to travel for 1 month in the months of June, July and August. It has saved 1.8 million tons of emissions because 20% of ticket users do not normally use public transport. A similar result in emissions savings can be achieved by lowering the speed limit on highways. A typical passenger emits about 4.6 tons of carbon a year in automobiles.

Also popular is the simplicity of the scheme. It also brings more people from different regions together in Germany by encouraging travel and relieves some of the stress of the pandemic. Overall it has an effect in lowering inflation and making travel easily accessible to all people in the country.

WSJ Original article ›
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The deteriorating business environment in China is shown in this report in the WSJ. An April 2022 survey by the EUropean Chamber of Commerce in China found 23% of companies were considering shifting current or planned investments in China to other parts of the world. This WSJ report says even before the latest covid lockdowns over one third of American companies told the American Chamber of Commerce they would reduce investment in the country due to the policy environment there. WSJ says there are serious question about the future growth of the Chinese domestic market and the stability of the overall policy environment for business. The distinct advantages of India and South East Asia are now becoming clear including growing youthful labor forces, and governments that as in India are part of the Free World democracies allied with America and the European Union says WSJ.

WSJ Original article ›
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This inflation is different from anything that happened before as it is driven by both demand and supply side situation. Seeing it as only demand side and acting on that would only damage the economy, says Greg Ip in the WSJ. On supply chain shortages there is little the government or the central bank can do to fix this in the short term. This is also why the Families and Workers Plan and Infrastructure plan of president Biden with about $2 trillion dollars in spending is not expected to cause much impact on inflation. The Fed is carefully looking at the situation because of the unique nature of the problem in 2021 to avoid any missteps that hurt the US economy and US growth for the coming decade, on which so much of the hope of America and the world rests.

Original article ›
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Epidemic of betel nut addiction that affects China is the subject of this report in The Times. Chinese doctors study in 2017 shows that oral cancer patients related to use of the betel nut for chewing in recreational use could reach 1 million b y 2030. Betel nut is being banned in some cities. Advertising of betel nut online or on television is now banned. Over $10 billion is made by the betel nut producers and it has become a part of the local economy in the province of Hunan says this report. This shows the problems of public health that remain to be tackled in China, as well as India, after achievements in sanitation tackled the basic problems of disease. Tobacco use is a major problem in both countries, and a major danger to public health, with awareness happening only now.

The Indian Express Original article ›
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Bimal Patel is the Architect for the new Central Vista project in New Delhi that replaces colonial architecture in India's capital city. The Indian Express gives this look at the work of Bimal Patel and the restraint, willingness to gather ideas from outside, and efficiency to delivering projects, attention to detail, that are seen in his work. Early projects were done in Ahmedabad, and his firm has grown to about 300 persons in architectural work. With the renamed Kartavya Marg architecture being completed the next phase of the project is for Parliament House to be completed by 2024, when a newly elected parliament will be seated in this new home. The Kartavya Marg and India Gate were based on a circular concept, the Parliament on a triangular concept, which will require skill and experience to pull together into one aesthetic design. 

WSJ Original article ›
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Iran has collected 60% enriched uranium for 2 years by 2023, enough for 2 nuclear weapons, says this report in the WSJ. Israeli premier Netanyahu says this would invite a strike if weapons grade uranium is converted into a weapon. In this situation after Iran provided drones to Russia, president Biden has renewed efforts to reduce the level of escalation in the relations with Iran, opening up talks in New York and through Oman. Iran wants money that is held in other countries for oil and gas deliveries after US economic sanctions on Iran, to be released in exchange for limits on nuclear work and prisoner release. The Biden administration has approved 2.5 billion euros in payments by Iraq. Another $7 billion could be released from South Korea if diplomatic talks lead to Iran taking steps the US seeks from Iran. 

NYTimes.com Original article ›
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Presidential centers reflecting 100 years of history echo Mr. Biden's call about the struggle for the soul of America that was made in Philadelphia at Independence Hall only recently. It includes the presidential centers of the following presidents

FDR and Truman, LBJ and Kennedy, Reagan, except for Eisenhower's all of the most respected presidents of this century. If there was a presidential center for Lincoln one would think it would have also made the call that Mr. Biden has made. Economic democracy has to be part of this which Mr. Biden is implementing with his programs and working for the dignity and respect for America's workers and their families. This is reshaping America in 2023 and into the future. Germany is also following the same path- "dignity" pf workers and families uppermost for president Scholz.

 

NYTimes.com Original article ›
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NYT looks at Judge Tanya Chutkan, the judge in the January 6 trial in the US, the first federal trial of Mr. Trump beginning March 4, 2024. She is a former public defender and civil litigator. Her strong presence in the courtroom reflects her extensive trial experience and her upbringing in a prominent Jamaican family, says NYT. Her great grand parents came to Jamaica from India to work on the sugar plantations during the British colonial rule and her father was selected to go to college on a scholarship. She no longer rides the 5 miles to the federal courthouse in Washington DC on her bicycle, she jogs different routes with US marshals and they drive her to work. On some days she can be seen toting a bottle in Lycra shorts and tennis shoes after a jog entering the courthouse with US marshals at her side.

WSJ Original article ›
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Biden and Xi meet at an estate outside of San Francisco in the most important meeting of 2023.  Biden says his government would continue "to preserve and pursue" high level diplomacy after the two leaders talks. President Xi said about this period of global transformations that are taking place in this century that it was important that the two countries act in a way that "benefits the two peoples and fulfills their responsibilities for human progress." The two leaders came to an agreement on fentanyl, and on AI, and setting up high level communications including direct conversation between Biden and Xi Jinping. Coming during the conflict in the Middle East and in Eastern Europe this is a really important accomplishment of Biden and Xi for the people of the two countries, setting aside differences and looking for shared interests.

WSJ Original article ›
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Pipelines to Corpus Christi have reached capacity as US energy production reaches record levels says this report in WSJ. In the first half of 2023 2 million barrels a day passed through this pipeline. About half of the 4.1 million barrels a day the US shipped abroad were loaded onto tankers on this part of the Texas coastline. This oil helped Europe during the shortages after the closing of access to Russian oil supplies. Because Corpus Christi has terminals that make it cheaper to ship oil out it has become a dominant hub in the US for shipments overseas. It is the closest deepwater port to the Permian basin in West Texas and New Mexico. Corpus Christ is also transitioning to a future where hydrogen is produced for energy by applying for $8 billion from president Biden's renewable energy infrastructure package.

WSJ Original article ›
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The US added 167,000 jobs in July 2023 from a month earlier, according to the Labor Department, less than 200,000 anticipated. Higher population numbers and higher labor force participation rates offset the increasing  number of retired people in the US. More people added to the population from immigration and more younger people participating in prime age under 54. This means the US is where it would like to be with the Fed not having to increase rates that much in coming months, says Justin Lahart of WSJ. The Labor Department increased its estimates of population by 867,000, and the labour force participation for prime age is up to 84%. These are good signals for the US economy, that there is room for more jobs growth and income growth with an unemployment rate at 3.5%, and less need for increasing interest rates by the Fed.

WSJ Original article ›
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The large Iranian missile attack on Israel on April 13th 2024 was expelled with American, UK and Jordan's help. It cost about $1 billion in antimissile systems. The US does not seek an expansion of the war. The events show how without a clear policy on non escalation with the US taking leadership- how without this events could spin out of control in unanticipated ways. And the need for priority to be given to rebuilding after the pandemic, not conflict that is driven in a random manner when most of the largest countries on every continent are committed to peaceful development to improve standard of living of their people- US and EU, China and India, Brazil and Mexico, African nations, and most other nations in Asia and Latin America. It is for Biden and Scholz/Macron, Xi and Modi, to make this happen.

The Economist Original article ›
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Who should lead the Conservative Party in 2016 till the next elections in 2020? The Economist magazine says strong negotiating skills and stamina are needed, and on this point it says Theresa May, Home Secretary, does better than former Energy minister, Andrea Leadsom, who has not done such tough negotiating and is not so well known as May. May had the support of 199 members of parliament to 84 for Leadsom, whose experience is less and was junior Treasury minister in prior position compared to May's 6 years in the position of Home Secretary handling immigration issues. Being an ardent Brexiter Leadsom has an advantage with Brexit supporters, though May handled her Brexit Remain position in a low key way and can appeal to both sides of the Conservative party. The result will come from a postal ballot to 150,000 members of the Conservative Party.

NYTimes.com Original article ›
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The Senate passed the Kids Online Safety Act 91-3. It is now upto the House and Speaker Johnson to pass it quickly. Safeguards are already in place for communities. It is an appalling and dangerous sign of the reckless behaviour of tech companies in this social media space, the tech company lobbying conducted here. Ordinary Americans need protection, children in America need protection from the unacceptable risks to mental health in the social media space. Surgeon General Vivek Murthy has called for a warning label similar to the one on cigarette boxes to be placed on social media outlets. Senator Blumenthal and Senator Blackburn from northeast and southern states have come together on this issue to protect the Nation's children. It is now upto the House to take action in 2024 to protect the Nation and its children.

NYTimes.com Original article ›
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Why are New York City hotel rooms costing $300 a night? This NYT report says there is a shortage of tourist lodging pushing prices up when 20% of hotel rooms go to asylum seekers and migrants. During 2022 hotels found the program of the city of New York at $185 a night to convert hotels to shelters for asylum seekers as away to remain in business during the pandemic. Since then 130 of 680 hotels in New York City have entered the shelter program. This presented a loss of 16,000 rooms leaving 121,000 rooms inventory for tourists, a shortage of about 3000 rooms as demand picked up after the pandemic.65,000 migrants are housed in hotels, tents and dormitories in New York City, as the city is obligated to find housing for people who need it, costing $10 billion over 3 years.

NYTimes.com Original article ›
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Heat mapped sidewalk heat is shown in color images in the NYT for 3 US cities Phoenix, Sacramento and Portland. Phoenix one can understand but Sacramento and Portland are hard to grasp- such is the acceleration of climate change effects across the Us and in other parts of the world. Does one then sees anywhere in the NYT, WSJ, W. Post, the Guardian, on the television news channels any coverage of what each candidate for the next 4 years running the US government is going to do for climate change effects? Inaction on climate change would produce severe costs for the US economy which will drain its resources 2-4 years from now as the effects of climate actually accelerate when nothing is done. This could cost as much as a trillion dollars in 2028 if nothing is done for climate change under the former president.

BBC Sport Original article ›
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India make a stunning comeback after being bowled out for 150 runs in the First Test against Australia at Perth in November 2024. Jasprit Bumrah led the Indian team. Here is how he approached the game where he took 8 wickets and Jaiswal -Rahul had a double century partnership turning everything around.

"I played here in 2018 so I remember the wicket can be a little soft here and then get quicker, so I was relying on that experience. We were really well prepared so I just told people to have faith in their process and ability.

"We have the opportunity to do something special."

After losing 3 Tests against New Zealand India never lost courage and confidence to turn things around. 

 

BBC News Original article ›
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The Voice of America has more impact than it's 2000 employees and $267 million budget suggests. Using the power of radio it reaches 326 million people weekly in 50 languages around the world. It provides comprehensive news coverage about the US and the World. It played amajor role during the World War II and in the Cold War. It was founded in 1942 and its congressional charter protects the editorial independence and integirty of its programming.

The agency that runs VOA is the Agency for Global Media. Under DJT first term Michael Pack ran the Global Media Agency. He was followed by Michael Abramovitz, a Washington Post correspondent and member of the Council of Foreign Relations.

Since the end of the Cold War VOA programming has declined in quality and effectiveness to communicate America's story to the world. 

BBC News Original article ›
LyrArc Article Gist
The introduction of the new currency the Real was the first step along with inflation targeting cutting spending and keeping strict control of money growth that brought runaway inflation down to 22% annually by 1995. The transparency, announcing the plan for the Real months ahead and calming expectations were reasons for the success of the Real. Life was entirely unpredictable when inflation had reached 2000% in 1993.

It was Henrique Cardoso of centre right party that introduced the Real currency and took the steps to finally control inflation. He was president for 2 terms 1994-1998 and was from Rio de Janeiro state. Most of the politics of Brazil before this was from politicians from three states Minas Gerais milk producing region, Rio Grande de Sul, and the state of Sao Paulo with coffee plantations in the south east of the country. 

WSJ Original article ›
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Ron Johnson (R-Wisconsin) who seeks deeper spending cuts, Josh Hawley (R-Missouri) who sees Medicaid co pay for able bodied at 100% of federal poverty level as a "sick tax," Lisa Murkowski who differs on taxing providers, and other Congressmen and Women in the Republican party are opposing the new tax cut package of president Trump. Senator Rand Paul (R- Kentucky opposes the raising of the debt ceiling, and is also opposed.

Most of the main Medicaid cuts come after 2029 after Trump no longer is president, so that Republicans who want to see the shrinking of the Medicaid program so it meets only needs of the most needy, want to see faster cuts while Trump is president. And there are other Republicans in Congress who face tight elections and see big risks of losing their seats.

 

The Indian Express Original article ›
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Natural Gas is set at a target of 15% by 2030 of India's energy mix from 6% in 2024. India is learning from China's experience where LNG is used to fuel heavy and medium commercial vehicles. As new LNG terminals to gas pipelines infrastructure takes time to be built the use of SSNLG or Small Scale Natural Liquified Gas projects is being adopted to speed up shift to natural gas which costs less and is less damaging for climate change.

https://www.hindustantimes.com/ Original article ›
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India is expected to become more urbanized by 2030 with people living in cities growing from 285 million in 2001 census up to 590 milion, producing 70% of national income. This means issues of climate change are not just about the environment- they are development issues and how to find better ways to plan future low-carbon infrastructure from the early stage. Also learning lessons from the chaotic development in China that in the rush for development allowed the air, water and environment to be hugely polluted.

WSJ Original article ›
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78 year old president Nazarbayev of Kazakhstan steps down after 30 years in power. Presidential elections will be held with a caretaker who is Senate president in charge till then. He juggled the competing interests of China and Russia to attract investment in the energy industry. China has invested $30 billion in the country as a link in the Belt and Road Initiative in infrastructure, mining and financial sectors.  Russia is the largest trading partner. Since 2002 GDP per capita has increased six times according to the World Bank.


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