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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.


New York Times Original article ›
LyrArc Article Gist
Historian David Kennedy points out that Franklin D. Roosevelt was a fiscal conservative. On Social Security which FDR signed into law in 1935, he insisted that it be self-supporting, saying "no dole." Deficits of the "New Deal" Roosevelt would say were a result of the "emergency budgets." Only in 2 of the New Deal Years 1934 and 1936 did the federal deficit as a percentage of Gross National Product exceed the 4.6% of Herbert Hoover's last year in office. The 1936 absolute deficit of $4.4 billion or 5.3% of GNP was largely because of the $2 billion Bonus Bill passed by Congress over Roosevelt's veto, which awarded the money to World War 1 veterans.
New York Times Original article ›
Washington Post Original article ›
LyrArc Article Gist
Google's You Tube video service first affirms the right to show a video about a Brazilian candidate in a local government election, and then blocks the video after a court in Sao Paulo orders the arrest of the head of Google's affiliate in Brazil. Brazilian election laws ban personal criticism of candidates in elections.
Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
The concerns raised about the manner in which internet service providers make decisions about what constitutes "hate speech." The need for oversight and public scrutiny over these decisions so that they do not remain opaque, as in the case of the anti-Islamic video of Sept 2012. Tim Wu of Columbia University raises questions about the need for more clarity on how these decisions are made. Other concerns raised relate to preserving public safety.
New York Times Original article ›
LyrArc Article Gist
The origins of the crude anti-Islamic video, a 14 minute trailer, produced in S. California by Steve Klein, a Vietnam war veteran whose son was severely wounded in Iraq. He is an insurance salesman from Hemet, near Los Angeles. It was translated into Arabic and reposted twice on YouTube to Muslim viewers. Klein is known for anti-Muslim actions. It shows Egptian security forces watching as homes of Coptic Christians were burned, and then goes to cartoonish scenes showing the Prophet Muhammad as a child of uncertain parentage, a womanizer, child molester and so on. It raises many questions about how stuff that is incendiary or induces hate and violence or other material is kept off sites such as YouTube which use new technology for which there is no proper oversight representing the public interest.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Washington Post Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Larry Schwartz, the American diplomat in Cairo who deplored the anti-Islamic video on the Prophet Muhammad in Sept. 2012

Overheard

Wall Street Journal Original article ›
LyrArc Article Gist
Average return on U.S. IPO's for 2011 is a loss of 18% for institutional investors getting in on day one according to Dealogic analysis of 23 IPO's. For small investors the losses are 34%.
New York Times Original article ›
LyrArc Article Gist
Chrysler has no new models in its product lineup except for the small Fiat 500 car and some product redesigns like the new 2011 Jeep Grand Cherokee. For about 2 years Chrysler has had liitle that is new to show buyers coming into its dealership showrooms. As competitors Ford and GM recovered sales after the 2008 crisis, Chrysler's sales have been dismal. A lot is dependent on how the new Jeep Grand Cherokee is seen by car buyers. Chrysler and Mercedes had essentially redesigned the Grand Cherokee by the time of the bankruptcy filing in April 2009 and Fiat's takeover. So even though it is presented as the new Chrysler, analysts say its not something Fiat's involvement created. What Fiat added is attention to some of the technical details, and working on the marketing aspects so that its off-road and on-road capabilities are presented in the best possible way to attract buyer interest, keeping price as close to sticker as possible. The question now is whether in Chrysler's difficult situation, the American car buyer will respond to the new Cherokee with interest. Sales peaked for the Cherokee at 300,000 in 1999 and dropped to 50,000 in 2009....
Wall Street Journal Original article ›
LyrArc Article Gist
Chrysler's second quarter loss of $172 million, follows a first quarter loss of $197 million. Operating profit for the second quarter was $183 million, compared to $143 million in the first quarter. Chrysler's forecast is to breakeven on sales between $40-45 billion. Revenue was up by 8.2% in the second quarter to $10.5 billion. Main problem Chrysler faces is an old product lineup. A slowdown in the economy in the second half of 2010 and in 2011 could hurt Chrysler more than the other automakers. Chrysler has available cash of $7.84 billion and additional $2.3 billion available from U.S. Treasury and Canadian government loan agreements.
Wall Street Journal Original article ›
LyrArc Article Gist
Samsung's decision to go with Android rather than its own inhouse developed software for its smartphones, and the execution of the new plan, was pivotal in its recent success. This is what differentiates it from Nokia and Research in Motion, companies which decided to develop their own software. In the case of Nokia, it made a costly switch from its Symbian software to Microsoft software. Samsung's other business in chipmaking is not as profitable, with margins dropping to 9.5%. Operating profit declined in the fourth quarter in the chip business, dropping by half from the prior quarter. The rapid changes with one costly error changing the whole playing field, also shows the precarious nature of the mobile phone business with changing leaders every few years, from Motorola to Nokia, to Samsung and Apple.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Plans to reduce the number of board members in Toyota's Board of Directors, from the 27 today to something closer to 12 directors. The move is designed to enable serious discussion at the highest levels and lead to speedy decisions.
Wall Street Journal Original article ›
LyrArc Article Gist
Joffe says one party regimes in the Arab world have let the Palestinian issue fester because it helped them to stay in power. It helped these regimes by diverting attention and hostility to "Palestine" as an issue and creating anti-Americanism. Meanwhile the real issues of economic stagnation and lack of freedoms to debate and decide their future in a pluralistic society were set aside. Arab peoples throughout the Middle East have simply stood up for their own rights and freedoms, free of anti-Americanism and eager for American and European support.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
Deteriorating economic conditions in Venezula under Maduro and the failure of the Maduro administration to tackle problems facing the economy- inflation, oil subsidies, declining currency, and lack of investment.
New York Times Original article ›
LyrArc Article Gist
This NYT editorial is critical of the election campaign run by the Likud and Netanyau for deepening tensions in Israeli society.
Wall Street Journal Original article ›
LyrArc Article Gist
Israel outlined its own proposals for a nuclear agreement on April 6, 2014. Israel's Intelligence Minister Yuval Steinitz, says any deal must include Iran cease all nuclear research and development activity, remove its enriched uranium stockpile from the country, reduce the number of centrifuges to below what was agreed to in the outline that emerged from talks with Iran in April 2015, closing of the underground facility at Fordow that was built clandestinely in the early 2000's. Steinitz said- "The deal has to be made on the assumption that Iran might violate it."
New York Times Original article ›
Wall Street Journal Original article ›

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