LyrArc | World News Insights: 1-3 Minute Gist

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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.

Madeleine Brennan, Principal of Dyker Heights, Is Honored

1 Groups

New York Times - 11.06.2011 Original article ›

Sharon Otterman, Sharon, Otterman

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Madeleine Brennan is the principal of a junior high school in Brooklyn Heights, New York. She is the oldest principal in the U.S., and has been a teacher since 1946. Her philosophy on education: have consistent rules and consequences, a full school calendar, and having to love the children you teach to really be able to work with them. Her thoughts on retiring and working age- its all about loving what you do and doing it for a lifetime.

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Bill Clinton has advice, and some criticism, for President Obama in new book - The Washington Post

6 Groups

Washington Post - 11.06.2011 Original article ›

Anne Kornblut, Anne, Kornblut

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In a new book, "Back to Work: Why We Need Smart Government for a Strong Economy," Bill Clinton says he would have done two things differently. He would have raised the debt ceiling in the first two years when the Democrats had majorities in both houses of Congress. He also thinks President Obama's criticism of Wall Street has been harsh and counterproductive. Clinton is strongly critical of the Republicans for their anti-government ideology.

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Original article 5 minutes, gist 1 minute

Europeâs Two Years of Denials Trapped Greece

1 Links 19 Groups

New York Times - 11.05.2011 Original article ›

Landon Thomas Jr., Landon, Thomas, Jr., Stephen Castle, Stephen, Castle

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Failure by EU leaders to take early and decisive action to reduce Greece's debt to sustainable levels in 2009. This was when the IMF report by Dutchman Bob Traa blew the cover off the Greek coverup of deteriorated finances. Policy missteps included ECB president Trichet and other EU leaders pushing austerity measures and not taking needed tough action on reducing the debt. By November 2011 a 50% reduction in debt with bondholders taking the losses is not enough to correct the situation. Greece's debt is discounted by 70% by Nov 2011. Analysts estimate an 85% reduction in Greek debt being necessary for Greece to pull through without a default.

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In MF Global, Sad Proof of Europeâs Fallout

1 Groups

New York Times - 11.05.2011 Original article ›

Gretchen Morgenson, Gretchen, Morgenson

Our Reckless Meritocracy

9 Groups

New York Times - 11.05.2011 Original article ›

Ross Douthat, Ross, Douthat

Indiaâs Innovation Stimulus

1 Groups

New York Times - 11.05.2011 Original article ›

Thomas L. Friedman, Thomas, L., Friedman

His Libraries, 12,000 So Far, Change Lives

1 Groups

New York Times - 11.05.2011 Original article ›

Nicholas D. Kristof, Nicholas, D., Kristof

Alms From China

4 Groups

New York Times - 11.05.2011 Original article ›

Editorial

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Asking China to pay for part of the eurozone bailout is not in the interests of Europe, the U.S., or the world, says this New York Times editorial. China has said it expects the eurozone countries to stop criticizing China's currency policies in return for any help. It is not in China's interest to maintain these policies that create serious distortions inside China by tilting policies away from domestic savers with low interest rates and domestic consumption with higher prices. It maintains an export dependent model that is becoming harder to sustain as western economies face a slowdown.

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The Secret War With Iran

3 Groups

New York Times - 11.05.2011 Original article ›

David E. Sanger, David, E., Sanger

Greek Bonds May Offer Contrarian Clues to U.S. Stocks

6 Groups

New York Times - 11.05.2011 Original article ›

Jeff Sommer, Jeff, Sommer