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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.


dw.com Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Blackberry's release of the Blackberry 10 all touch smartphone with the new operating system. Blackberry 10 has a better keyboard than the iPhone and Android phones and can enable users to use the calendar and email at the same time. The delayed launch in the U.S. market to mid March or April, because of the 4-6 weeks time it takes for wireless carriers to conduct rigorous testing, means the marketing push comes before the product is available.
Wall Street Journal Original article ›
LyrArc Article Gist
The value of the gold holdings of the Swiss central bank, the Swiss National Bank, declined by 15 billion Swiss Francs ($16.6 billion) in 2013, as the price of gold declined by 28% in 2013. The loss was much more than gains of 3 billion francs in foreign currency positions and 3 billion francs in profit from sales from a fund holding troubled assets. As a result the bank will not pay dividends fro the first time since its founding in 1907. Prices declined as the Fed announced a policy of reversing its bond buying in 2013. In 2008-2012 the U.S. Fed's bond buying efforts pushed up prices of gold holdings as a hedge against inflationary risks. Signs of economic recovery in the U.S. are likely to lead to further price declines. Purchases of gold made after 2010 are now showing losses. The Russian central bank made 30% of all gold purchases since 2010 made by central banks and reported to the IMF.
WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
A house that inspired Henrik Ibsen in writing the play Peter Gynt is in the far north of Norway. Ig is 150 miles from Oslo. It was recently renovated with several centuries old wooden structures. The owner's grandfather personally brought the message of Norway's independence from Sweden to the Swedish king in 1905.

Wall Street Journal Original article ›
LyrArc Article Gist
Questions about the viability of Canadian crude oil production from tar sands and shale as oil prices for Canadian crude are at about $17 in Jan. 2016. Western Canadian Select from Alberta traded at about $14 in Jan 2016. Crude oil NY benchmark is at $31, other crude is priced lower if transportation costs and other factors including quality and grade have to be figured in.
Wall Street Journal Original article ›
LyrArc Article Gist
India's current account deficit of 4%- with imports exceeding exports of goods and services- and its small foreign exchange reserves of $293 billion as of April 14, 2012, place serious constraints on building a sizable energy fund to support additional imports of coal and other energy supplies. India is facing severe shortages of coal for the power industry. This places constraints on the country's growth rate. Finance Ministry officials and members of the Planning Commission are looking at setting up a $10 billion energy fund for securing additional supplies of crude oil and coal. Energy imports are placing a strain on India's finances and even the relatively small fund will need money from energy companies in the private sector.
WSJ Original article ›
LyrArc Article Gist
WSJ looks at dangerous work loads and overwork, 100-125 hour work weeks with little or no chance for rest for younger workers in investment banking. Most of them sign up for the opportunity unaware of the toll it will take and bosses routinely expect such dangerous workloads ignoring bank policies that are not enforced by the banks management. 

WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
As both Harris and Trump focus on increasing Border Security and fighting transnational gangs at the Border, Mexico's new president Claudia Sheinbaum has a strategy for the first 100 days to tackle the 10 cities with the highest homicide rates that include Acapulco, Guanajuato.

dw.com Original article ›
dw.com Original article ›
dw.com Original article ›
LyrArc Article Gist
The former commander of the NATO US forces in Europe 2014-2018, Gen. Ben Hodges, says the war could end in 2023 with air support to Ukraine. Hodges tells DW.com's Ines Pohl, that the only red line for Washington's support in Ukraine is "boots on the ground." Hodges says Ukraine must retake Crimea to maintain the international rules based order and the UN Charter.

About the Russian offensive in Feb 2023 Hodges says Russia was attempting to "surge" a new offensive but it does not have the capability to launch a "major' one. "They don't have the armored forces, the ability to break through," and that it will not change the "overall operational environment in Ukraine." This is the first serious assessment of the new phase in the war on an overall basis looking at the larger picture of Russian and Ukraine plus outside support capabilities. 

dw.com Original article ›
dw.com Original article ›
LyrArc Article Gist
BRICS is becoming an obsolete concept as Brazil, India and South Africa are essentially looking for ways in which they can increase opportunities for growth. It was a concept started by a Goldman Sachs investment banker Mr. O'Neill at a different time in 2010. The world has gone through the 2009 financial crisis, the pandemic, and the supply chain crisis with overconcentration of EU and US supply chain in China. These events are leading to a shift under the Biden administration to bring India  into the G7 into a new G8 that includes India. Only Russia, China and South Africa remain from the original BRICS. Russia because of the war in Ukraine now depends on Chinese support and trade. Brazil will gradually shift back to its position as part of the US alliance in Latin America with Mexico, Argentina and Chile. India with its plans for rapid growth to build the modern third largest economy by 2040 seeks supply chain integration with the US and EU in the position that China holds today.   ...
NYTimes.com Original article ›
The Hindu Original article ›
LyrArc Article Gist
The ICC inducts Vinoo Mankad, one of India's most famous batsmen into its Hall of Fame. Mankad scored 72 and 184 at Lord's and bowled 97 overs in 1952. Vinoo Mankad was mentor for another cricketer Sunil Gavaskar.

Gavaskar says one of the lessons he got from Vinoo Mankad was that technique alone was not enough, "you have to be hanging in there and have that self-belief."

WSJ Original article ›
dw.com Original article ›
LyrArc Article Gist
Viktor Orban of Hungary drops his veto and Ukraine gets the green light for EU Membership. This is a result of weeks of effort by France's Macron, Germany's Scholz to reach this goal. It is an historic day for Ukraine which is making little progress in the war and faces a difficult winter. DW of Germany covers this crucial period for Ukraine as it needs 50 billion euros of aid from the EU to get through the next year. The US has already given about $111 billion of aid and the EU is now stepping up to meet financial commitments to defend its own region.

dw.com Original article ›
The Times Original article ›
LyrArc Article Gist
A teary Theresa May resigns as prime minister of Britain. Headlines in The Times say she had commitment but lacked flexibility. Other headlines say her attempts to pass her Brexit deals were doomed to fail from the beginning as she lacked a consensus in her own party. The Conservative party is badly divided.

This also stiffens European resolve not to negotiate further with a no-deal Brexit supporter, Mr. Boris Johnson, likely to be the new prime minister. Mr. Johnson has said the only problem with Britain going ahead and leaving the European Union without any deal negotiated is that there could be a shortage of Mars chocolate bars.

dw.com Original article ›
LyrArc Article Gist
What does a second term for Ursula Von der Leyen mean for the European Union. DW.com looks at what this means for China, other parts of Europe, and the rest of the world.

WSJ Original article ›

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