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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.


Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
The low voter turnout helped protest parties such as the National Front in France and the Independence Party in Britain. The average across the EU was 43% turnout, with turnout in Britain at 36%, Slovakia 13%. Renzi in Italy led the Socialists there to 40% of the vote, and Merkel's CDU got 35% of the vote in Germany. The UMP came in second with 20% of the vote to Marie Le Pen's National Front's 25%, and Hollande's Socialists at 13% in France. In Britain the Independence Party won with Labor and Conservatives in second and third place. There are deep misgivings in Britain for Jean Claude Juncker who is the candidate for EU President from the centre-right European People's Party, which has 213 seats in the 743 seat parliament. Misgivings stem from whether Juncker can deliver on promises for a EU without much of the bureaucratic tendencies for Britain's 2017 referendum. The German SDP party's candidate is also contesting the election for EU president. Next come the centre-left parties of Socialists and Democrats with 190 seats. In the past EU president was chosen not by parliamentary election but by government leaders....
Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
The government of Mr Kan and his Democratic Party won 44 seats in the Upper House elections, compared to the opposition LDP's 51 seats. Kan will continue as Prime Minister but will control only the Lower House of Japan's parliament.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
New York Times Original article ›
New York Times Original article ›
LyrArc Article Gist
Melissa Eddy gives an exceptionally vivid account of how life in a smaller city is changed by the arrival of immigrants. She describes the emotions of Christa Menden, owner of a flower shop in Bonn, who had to face stone throwing demonstrators on the street, and how this is changing the tranquil nature of Bonn, Solingen and other smaller cities in Germany. Muslims who have integrated into German life and the city authorites see years of integration efforts being setback by the activities of a few extremists. Hans Peter Weisz is one resident of Bonn who sees the unhealthy nature of the resulting wariness to foreigners in an open, outward looking Germany
The Indian Express Original article ›
LyrArc Article Gist
Gender parity in higher education for women in India has suffered a serious setback says this report in The Indian Express. The burden of Covid pandemic has fallen disproportionately on women in India and enrollments in higher education have fallen for women.

The New York Times Original article ›
LyrArc Article Gist
This report by David Sanger of the NYT shows how the Russia sanctions that president Putin hoped to remove are likely to remain in place and somewhat expanded. Russia's economy has seen slow growth of 1% as a result of a fall in foreign investment. This is likely to continue, says Sanger. American investment in privatization will be restricted to not more than $10 million, and the investments in Nord Stream pipeline are affected. Russia needs foreign investment in its economy, and this is affected. Sanger points out that even if president Trump and Secretary of State Tillerson preferred the option of having presidential authority to lift sanctions to improve relations with Russia, this now runs into Congressional opposition. At the Aspen Security Forum in mid July, Dan Coats and Mike Pompeo, senior intelligence officials in the administration, said that there was an effort to influence the U.S. election. The problems started with the opposition movement in Ukraine, leading to the collapse of the government in 2014. Before this Russia- U.S. relations followed the trajectory set early in the Putin first  and second term of improving the economy by forging better relations with the EU and the U.S. This resulted in a stronger economy and more foreign investment. Things deteriorated after the Ukraine issue came into prominence. For the U.S., the EU and Russia, an inability to come to a better understanding and resolve differences on Ukraine has created a downward trajectory, that has not benefited any of the countries involved.   ...
New York Times Original article ›
New York Times Original article ›
New York Times Original article ›
LyrArc Article Gist
BP's difficulties in the deal with Rosneft. In mid-January 2011 BP signed a deal with Rosneft with each company investing in the other through a stock swap of 5% of BP and 9.8% of Rosneft. They also agreed to jointly explore oil fields in the Russian Arctic. This sidelines BP's former partners in the TNK-BP venture. Robert Dudley, who headed the Russian operations of BP, is now CEO of the company. From 2003 to 2008, Dudley headed the TNK-BP joint venture. BP's partners in that venture, known as the AAR group of oligarchs, have sued BP over the BP-Rosneft deal. An arbitration tribunal in Sweden ruled that the Rosneft venture violates a shareholder agreement BP has in the TNK-BP venture. BP was under the impression that support from Igor Sechin, deputy prime minister and head of Rosneft, would ensure there would be no litgation by AAR, but this has not happened. It shows the uncertainties in Russian politics. Russian President Medvedev has asked political leaders to give up corporate positions, which would mean Sechin would have to give up his position in Rosneft. BP continues to benefit from access to new resources in Russia even with these difficulties. BP contributed $6 billon in cash in 2003 to the TNK-BP joint venture. BP has made $14.3 billion in dividends since 2003 on this investment and holds 50% of the assets in that venture. ...
The New York Times Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
India's ruling Congres party suffered losses in the two major states of Uttar Pradesh and Punjab. In Uttar Pradesh, the socialist Samajwadi party gained an absolute majority of 224 seats in the 403 seat assembly. The Bahujan Samaj party of Kumari Mayawati lost its majority winning only 80 seats, the BJP won 47 seats and the Congress won only 28 seats. Rahul Gandhi of the Congress party campaigned heavily in the state and the results show that his campaign against Mayawati did not result in Congress gaining enough seats to form a coalition government with the Samajwadi party led by Mulayam Singh Yadav and his son Akhilesh Yadav. Yadav has held the position of chief minister three times before, and campaigned for greater rights for lower castes and for a quota in education and jobs for Muslims. His other campaign promises included increasing electricity production, and improving the business climate. In the Punjab state, the Shiromani Akali Dal party won 56 of 117 seats, with the Congress getting 46 seats. National elections will be held in 2014, and the results reflect a repudiation of the Congress party after corruption scandals, slower economic growth, and lack of clear policy direction....
New York Times Original article ›
LyrArc Article Gist
The European Central Bank says it will no longer accept Greek bonds as collateral for loans. A similiar move preceded negotiations in 2012 for revisions to loan conditions from the ECB-EU and the IMF. Greece's banks will no longer have access to cheap loans at 0.05% from the ECB. The banks can still use the Emergency Liquidity Assistance facility for loans without which Greek banks would face serious problems. The ECB's reason for this action was that it no longer had confidence that Greece would comply with the bailout terms and could not conduct an ECB review in the current conditions. Both sides are staking out initial positions in the negotiations. Greece's prime minister Tsipras says he wants to work within the eurozone rules and at the same time respect the mandate from the Greek people for better terms on the loans. Tsipras met with the EU's Martin Schulz, and the ECB's Draghi, as the EU and ECB begin discussions.
New York Times Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
How the global supplier system, while it spreads some of the financial risk, also creates a number of problems Boeing has to resolve. The advanced nature of the plane using composite materials instead of aluminium, and many other new aspects, all make it necessary for careful attention to details and coordination of different partners roles. Things like training of workers who do the work at new plants put up by suppliers like Vought Aircraft of Dallas and Alenia Aeronautica of Italy, in this case in Charleston, S.C., were inadequate. This had the effect of compounding problems Boeing already has in shortage of aluminium and titanium fasteners to assemble the different parts. Based on this report the unveiling of the Dreamliner on July 8, before 15,000 invited guests, was probably a bad idea, as much of the plane under the shiny covers was a mess. idea
WSJ Original article ›
LyrArc Article Gist
Pandemic era child learning setbacks are the subject of this report in the WSJ. The children who were learning to read in the first year of the pandemic have the lowest reading proficiency in 20 years, US national data shows. It is tough to make up for learning loss. It could take five years or more for today's fourth graders to read proficiently unless the pace accelerates. Graduation rate from high school depends on how well third graders can read. Literacy levels at that age are critical. Reading affects the content they absorb in other subjects. Without any guide to tackling pandemic type learning loss its is mostly about winging it with educators hoping getting in more tutoring groups, more summer school will work. This report looks at educators in the Nashville School District and the results they have gained, the work that is being done.

The Times Original article ›
LyrArc Article Gist
After mentioning the transformative game of Van Dijk, Sadio Mane, Firmino, Alexander Arnold, one can only turn to the incredible resilience of Jordan Henderson against many setbacks and being written off more than once. Here he is put forward as the choice for Footballer of the Year. Precept and example counts for more here than individual game performance.

The "mentality monsters" Germany's Klopp talks about in coaching is about calming the mind and continuous improvement, hard work in practice that makes this happen. Henderson shows a lot of this work ethic and resolve.

BBC News Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Aubrey McClendon, was one of the pioneers of the shale oil boom in the U.S. His penchant for taking excessive risk caused severe setbacks in 2008 with the global financial crisis, and in 2015 with the collapse of oil prices. In 2016 he was indicted by a grand jury in Oklahoma for illegal practices, and he died shortly thereafter in a car crash.

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