World News Insights
1-3 Minute Gist

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.

Xi Jinping Tariff Negotiating Strategy with US 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.


New York Times Original article ›
LyrArc Article Gist
Christopher Ward, appointed executive director of the Port Authority of New York in 2008, and three engineers from the Port Authority, Pagliettini, O'Connor, and Puza, are the men behind the new look of Ground Zero. The 16 acres of Ground Zero, say observers, have changed at a remarkable pace and the whole place is coming to life. The goal is to have the project completed by the 10th anniversary of the 9/11 events, and have New Yorkers back to where they were before it happened. The fountains, oaks planted, the square, 104 stories tower and the names of the dead inscribed along the borders, returning it to New Yorkers and letting the symbolism speak for itself.
New York Times Original article ›
New York Times Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
The Federal Reserve's Open Market Committee voted 7 to 3 to continue a policy of keeping the federal funds rate at exceptionally low levels "at least through mid-2013." Presidents of the Federal Reserve regional banks- Fisher of Dallas, Kocherlakota of Minneapolis, and Plosser of Philadelphia preferred different language that would only say exceptionally low rates for "for an extended period."

Indian Firms Wary

Wall Street Journal Original article ›
LyrArc Article Gist
The impact of the global financial downturn of 2011 on business in India's IT sector. With 80% of the sales of India's tech companies coming from markets in Europe and the U.S. firms such as Infosys are taking a cautious approach.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
George Paz, the CEO of Express Scripts, is the man who engineered the acquisition of Medco Health Solutions, creating the largest company in the pharmacy-benefit business.
Wall Street Journal Original article ›
LyrArc Article Gist
China Investment Corporation is completing a deal to take a 30% stake in GDF-Suez's exploration unit for 3 billion euros.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Loan officers in the Institute of International Finance Survey showed a tightening of credit standards and moderation in loan demand for the 2nd quarter of 2011. Commercial real estate sector showed a sharp decline in Latin America and Europe. A third of respondents said local funding conditions had tightened. More than 40% of banks in Europe reported decline in funding conditions.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
New York Times Original article ›
LyrArc Article Gist
A day in 1936, 75 years ago, when New York Mayor Fiorello La Guardia opened the city pool in Red Hook, Brooklyn. The pool was the seventh pool built by the parks department with money from the federal Public Works Administration. Admission was ten cents when the pool opened, with children allowed for free in the morning. Robert Moses was the parks commissioner in those years. The pool meant a lot to New Yorkers then, 40,000 people attended its opening. The good thing says the current commissioner Mr Benepe, is that the city continues to invest in its parks and infrastructure.
New York Times Original article ›
LyrArc Article Gist
Former New York Mayor writes an autobiographical children's book, "Eddie Shapes Up." Its about Koch as a youngster dealing with bad food habits and his increasing awareness about the importance of an healthy diet and and healthy living.
New York Times Original article ›
LyrArc Article Gist
Analysts point out that there is not much room for austerity cuts in Italy and Spain without cutting into muscle. This is because these countries have moved to make austerity cuts much earlier. Their budget deficits are actually less than what they were when they joined the euro currency zone. In the case of Italy the budget is actually in surplus, to the amount of 2% of GDP, when the financial position excludes interest on debt. And Italy has now moved to reduce the deficit to 3.9% of GDP in 2011. Under pressure from the ECB Italy has announced its aim of balancing the budget by 2013. Because both Italy and Spain have growth rates estimated at below 1% for 2011, analysts believe it is important to emphasize growth.
New York Times Original article ›
LyrArc Article Gist
David Beers, John Chambers and the Committee that made the U.S. credit ratings downgrade. Earlier calls on Iceland, Argentina and Italy by David Beers and his willingness to make a tough call and defend it. The committee is called the sovereign ratings division, with David Beers as head, and John Chambers as his deputy. A report from the IMF gives good marks to S&P on making timely sovereign ratings revisions where approporate and on being ahead of Moody's and Fitch in this regard. S&P spokesperson says that the sovereign ratings group is quite different from the corporate ratings group.
New York Times Original article ›
LyrArc Article Gist
Senator Schumer describes former New York Governor Hugh Carey as above all a neighborhood guy. Carey and his wife raised 14 children in a three storey brick house in Park Slope, Brooklyn, a middle class Irish-Catholic neighborhood. His family, his church and the neighborhood was at the core of his life say neighbors. Carey obtained funding to restore 17 dilapidated homes in the neighborhood and put up a child care center.

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