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Original article ›
LyrArc Article Gist
As Iranian Foreign Minister left Pakistan before arrival of American negotiators showing lack of interest in negotiations on nuclear issue and navigation on which US has insisted, the talks are on pause. The US goal is only for the safety of the Iranian people and the peoples of the Gulf kingdoms, and the Arab world divided into unmanageable countries in some situations by colonial Empires of the British and French in 1921 (Syria, Iraq), the wider Arab world from Egyot to Libya, Tunisia, Algeria and Morocco, to be free of nuclear weapons. Because these colonial policies not of the US but of the British and French and the counter response of Arab nationalism, have created 5 decades of wars in the world. It is then to remove these nuclear materials to another country such as Russia. The misperceptions created in the media appear in some parts to cast the US as a colonial power which it never was in the way of the Spanish, the British, the Dutch, the Portuguese, the French, the Danish. In fact exactly the opposite. One cannot think of an American who felt deeply for the situation the Chinese people were left in with the Japanese invasion than Gen. Joe Stilwell, as shown by Barbara Tuchman in her book Stilwell and the American Experience in China. Stilwell amazingly risked his life in railroad cars behind Imperial Japanese Army enemy lines in north eastern China in the 1930's because of his deep ly feelings for China at that time. Ever since the US differed with the British and the French on reparations during the Boxer rebellion of 1902, with Woodrow Wilson using the funds to create Tsinghua University in Peking (Beijing), the US has been benevolent in its intentions and as shown in its policy to Africa a partner for nations in Asia and Africa- with China, India, Indonesia, a large part of the Asian population, and now with Africa as shown in the investments in Angola, Congo, Zambia on this page. FDR made it clear in his letter of reply to Gandhi's letter from Wardha whose side America is on even in the middle of World War II. ...
The Economist Original article ›
LyrArc Article Gist
The situation in China with recent rural migrants shown to be different from the migrants from rural areas in the earlier phase of development after the opening in 1990 under Deng. The overnight eviction of recent rural area migrants from Beijing, referred in official documents as "low-end population" leaves this segment of the population (about 90 million) facing uncertain future. The previous generation of rural migrants were seen as more stable as they could farm and had connections to the villages and rural areas. The new migrants lack connection to villages and have little experience working on farms. They were born since 1980, and are seen in party documents as a new generation of migrants. The earlier generation had seen the upheavals of the Cultural Revolution and memories of poverty, and were focused on basic needs.  The new generation of migrants is more dissatisfied, has more education but of lower quality, some were left behind in rural areas by parents who migrated to cities, and men in this group face a lack of women partners because of the one child system and decline in female births. Two thirds of these migrants are unmarried and the men lack the income to pay what is called a reverse dowry of having an apartment and a car to attract women for marraige. The governing party sees this new group of $90 million which has no access to subisidized education and health care under the resident "hukou" system as a source of instability in urban areas of China. ...
Wall Street Journal Original article ›
LyrArc Article Gist
WSJ reporters Grant and Berzon provide an indepth account of how Donald Trump survived the worst crisis of his business career in the 1990's, as his deals involving the Taj Mahal casino in Atlantic City collapsed. By describing how Trump responded the report provides insights into Trump's manner of operating, character, and the financial maneouvring to avoid the worst effects of the crisis. It shows Trump's resilience, and also the nature of the risky business deals that led to the crises in Trump's business life.
WSJ Original article ›
LyrArc Article Gist
About 90 countries are seeking help from the International Monetary Fund, the IMF. And 60 countries are seeking help from the World Bank. The IMF has about $1 trillion to lend. The World Bank has $160 billion to give out. 

The World Bank headed by Mr. Malpass has given India $1 billion for screening, contact tracing and lab diagnostics, to produce personal protective equipment, and set up isolation wards. 

New York Times Original article ›
LyrArc Article Gist
About 120 million viewers have watched "Downton Abbey," a BBC costume drama of British aristocracy in a rural setting from the 1920's. It will be shown on Chinese television in 2013 by CCTV. It is a top rated show in countries ranging from Brazil to Australia and Norway.
BusinessWeek Original article ›
LyrArc Article Gist
Peter Coy, a veteran reporter at BW, who was prescient about the housing crisis, asks if defaltion is a possibility,; something hat happened in Japan in the 1990's and in the US in the 1930's. There is adownward ressure on wages from growing joblessness. With 7.2 million added to the unemployed since December 2008 and 263,000 in September 2009 alone, this pressure for labor to accept lower wages is growing.Jan Hatzius of Goldman Sachs predicts a drop in average hourly earnings of half a percent from the fourth quarter of 2009 through the fourth quarter of 2010. Hatzius accounts for workers strong aversion for wage cuts, without that the wages go down by 2%. Some experts say someone who lost his job 6 months ago is likely to accept alower wage now. If prices fall faster than salaries are workers better off. Not likely because of the destructive effects of defaltion from unused capacity an underutilized labor.
NYTimes.com Original article ›
LyrArc Article Gist
Climate change is affecting about one fifth of the conifer forest cover in the Sierra Nevada mountains of California, as shown in this NYT report. Forests have moved upland by 100 to 600 feet since the 1930's. Drier conditions and this movement upland have led to mismatch between the soil conditions and the trees in this area.

WSJ Original article ›
LyrArc Article Gist
As the August 1 deadline approached first the Japanese and then the Europeans who held out till the end sometimes treating the US with disdain and ridicule, realized that the US was dead serious about tariffs. Even the US business community tended to treat DJT tariffs with disdain not realizing that the tariff battles were first fought against Japan by Deputy USTR Robert Lighthizer under Reagan in the 1980's always to get a fair deal for the US. The recalcitrance of the Europeans and the Japanese can be understood by the non tariff barriers Japan placed on US products and the 10% tariff on US autos the European Union had in place for decades when the US only had a 2.5% tariff on German car imports.  The media in the US and Europe has utterly failed to tell the US side of the story. Here at Lyrarc we remain committed to bring out all the facts so that readers can better understand both sides. Initially the EU adopted an adversarial approach as shown in this report in WSJ by Kim Mackrael and Brian Schwartz. How is it that the Europeans and the Japanese took such a position when since 1980 there was no level playing field for the US on world trade clear for all to see? Not till late May as negotiations dragged on did Japan and the EU take stock of their own positions, DJT having to say US would impose a 50% tariff to get the EU to understand, saying "our discussions with them are going nowhere." In the end in Scotland Leyen and Sefovic for the EU accepted 15% tariff on EU imports to US. Akazawa of Japan had accepted this the week before. ...
NYTimes.com Original article ›
LyrArc Article Gist
Nine months of parental leave and government effort briefly boosted the birthrate in Sweden to above 1.6 and above the replacement rate, then by the 1990's it went below the replacement rate. Sweden now has parental leave at 16 months and extraordinary benefits for mothers and parents. This shows that once the birthrate drops below the replacement rate it stays below the replacement rate even after extraordinary government effort. This is true for Australia and other countries in Europe.

BBC News Original article ›
LyrArc Article Gist
China put out a new map with Arunachal Pradesh and Aksai Chin as part of China. China sees it as part of South Tibet. China annexed Tibet that was independent for centuries until invaded in the early 1950's, after the Communist Party under Mao formed the new Chinese government in 1949. Because of the map controversy president Xi may stay away from the G20 leaders meeting in New Delhi on September 9, and send Li Quang in his place.

The Guardian Original article ›
LyrArc Article Gist
"When the Legends Played in the Leagues" is the Wisden Book of the Year. The Guardian shows Gary Sobers, the West Indies cricketer from the sixties and the seventies who is one of the most famous cricketers of all time. It shows English cricket in the English Leagues for 1950- 2000. Included here are West Indies cricketers Lance Gibbs, Wesley Hall and Rohan Kanhai. What Ken Rosewall and Rod Laver were to tennis Sobers and Kanhai were to cricket in that era.

Le Monde.fr Original article ›
LyrArc Article Gist
Harold Thibault of Le Monde France says, the rise of China in the past 50 years means the US is wondering whether engaging China turned out be something different than what Clinton anticipated when letting China join WTO without strict rules for a level playing field, and the Bush- Obama years when nothing was done to protect American manufacturing in small towns across America from the ravages of so called "free trade" that was not free, and the effort of American business to integrate its operations with China as single supplier without any guidance from government, behaviour that started with "American triumphalism" of the 1970's and 1990's, that left America with a destroyed industrial base. The Reagan wars that went on with Bush in the Middle East and South Asia and were continued through the Obama years allowed not just the waste of American resources and energy, it also provided a distraction from vital issues of the industrial base in manufacturing and technologies. Only DJT and Biden had the courage to end these wars and focus on the real issues facing the Nation and provide a continuity across three administrations from 2016-2029 to restore America to its past. ...
DW.COM Original article ›
LyrArc Article Gist
These pictures show the evolution of German films and Romy Schneider as she does roles as part of the Hapsburg monarchy's Elisabeth in popular German roles in the 1950's, and moves away from that typecast with some very different roles, opposite Anthony Perkins in Kafka's Trial, Heinrich Boll's Group Portrait with a Lady, and The Passersby. In divided postwar Germany in the 1950's these films of the Hapsburg monarchy and Elisabeth with Franz Joseph were popular, and still find fans during Xmas, says DW.com. During the 19th century after the French Revolution the Hapsburg monarchy and Vienna- Budapest its home base were close to Prussia and the German states. Germany was pulled into the first world war by the Hapsburg monarchy, and after its disintegration Austria was part of Germany during the Second World War. Today Vienna and Austrian culture remains close to Germany in the way Swiss culture in Geneva remains close to France and Belgium remains close to France. ...
The Wall Street Journal Original article ›
LyrArc Article Gist
Democrats continue to believe they lost in 2024 because they did not attack DJT enough. This fails to cite issues such as cost of living- surge in the third year of the Biden administration with 20% increase in prices and Biden failing to take notice and address this quickly. A wave of illegal immigration- the failure of Mayorkas, himself a Cuban immigrant in 1960, put in charge of Homeland Security and ICE, and Harris who was an attorney helping indigents in inner city San Francisco, to grasp the fears of border states and southern states. The failure to understand that the border was open and inviting waves of illegal immigrants, some with questionable backgrounds. This issue created a sense of unease in the fabric of society and American people. Other issues simply showed how Harris could not relate to the conservative people and average people in the country in the cultural aspect such as transgender, rural America. Biden pulling out suddenly, loss of rural vote- failure of Democrats since Obama to pay attention to rural voters, Harris not appealing to the white male vote in the US, are other factors that hurt Democrats. DJT gained with the shooting incident in Pennsylvania in which he survived, and the perception raised during a garbage truck and DJT photo that the Democrats derided, seen by the public as looking down on working class people. Democrats never really grasped how the political system had gone in reverse- the Republicans had put cultural aspect first and conservative now meant working class voters and white voters in rural areas/small towns, big cities, ( the Archie Bunker type of an earlier era who was now a Democrat, not the college educated and Ivy league Harvard type that had taken over the Democratic party). This continues to this day with some paradox as the business class and the billionaire class sit alongside the working class person in the Republican party DJT created. DJT did this in 2016 by pulling together workers hurt by Bush and Obama's policies favoring the educated classes and affluent, ignoring rural areas and farmers, and committing US to wars in the Middle East that squandered the Nations' resources and human lives. This was aggravated in the Biden/Harris/Mayorkas years by letting in migrants across the border by the millions that created a great deal of unease in the working classes. In this way labor unions or their rank and file left the Democratic party- a problem that plagues Democrats to this day, that Biden tried but failed to fix. The border issues had become complex by the latter part of the Biden administration because of the complete collapse of Venezuelan economy and the drug cartels in Mexico smuggling people and drugs across the border, for which the Biden administration or Harris had no answer.  It was the failure of administrations to continue the Monroe Doctrine in the form given by FDR as "Good Neigbor Policy," and JFK as the Alliance for Progress, allowing drug cartels and foreign European powers to intervene in the western hemisphere, desorying good governance in Mexico, Venezuela, Cuba and other nations in Latin America. By the second year of the DJT administration Venezuela, and the border were brought under control, and the situation in Mexico put in a new direction. ...
Economist Original article ›
LyrArc Article Gist
Some of the flaws in China's development model are shown by the Economist. Over half of the economy is dominatd by state run enterprises. And the remainder is also heavily influenced by local government and officials from the government. Financing goes through state run banks which lend to state run enterprises, and only a small fraction of lending goes to small businesses. These busineses are not actively looking to support innovation and new products. The other weakness that the Economist correctly points out, is that by contrast even in the 1960's, about 10 years into Japan's postwar development, quality control was a big thing with companies in Japan. The Deming Prize was seen as the most prestigious prize for Japanese companies, and Japanese engineers tried to learn everything they could about quality control to make Made in Japan mean high quality. They succeeded by the 1980's in making this happen, with leading global brands like Sony, Matsushita, Panasonic, Toyota, Honda, Canon and a host of other brands. If 1980 in China, is where Japan was in 1950, now about 30 years later there is nothing like what was seen happen in Japan in the area of quality and global brands. The area in which the freewheeling culture of capitalism has been most successful is the economic zone, a 2 hour drive between Guanghou and Shenzen. It manufactures mostly low tech goods like toys and apparel and shoes, and these manufacturing facilities are of low quality, with poor conditions for labor. With the efforts by the government to move to higher value added and high tech products these businesses came under pressure by mid 2007, with new labor laws, more enforcement, pollution control laws and resulting higher costs. As they felt the impact by mid 2008 from the higher costs, some businesses disappeared. Then another and even bigger problem hit these businesses. The global economic crisis, the shortage of credit in western countries to sustain import orders, and the rapid fall off of demand from highly indebted consumers in the USA, has led to closure of most of these businesses. The rapidity with which many of these businesses closed is amazing, as row after row of these buildings are now empty in the Guangzhou-Shenzen area. Another development is happening in Taiwanese firms like Hon Hai, that with little disclosure, make IPods, laptops, PC's, and other electronic products in the same area. At one point this firm employed 250,000 people in a industrial city sized factory campus. Now it is shifting production to places like Vietnam. Now Taiwanese reports say that the workforce of Hon Hai in Shenzen area will drop to 100,000. Other Taiwanese firms are also shifting production to other countries. Climate change and the heavily polluting industries that are widespread in China is one of the other flaws in the Chinese development model. Another is the lack of energy efficiency in these industries. With all these changes exposing the deeper flaws in the model China has used for development for the last 30 years, this a time for change in the way economic development takes place in China. ...
France 24 Original article ›
LyrArc Article Gist
The European Union plans to reduce greenhouse gas emissions by at least 55% by 2030, based on 1990 levels. The 21 hour summit of EU leaders met in Brussels. It was a constant worry about climate proposals said Angela Merkel. After a 21 hour debate agreement was reached including overcoming concerns of coal dependent countries. Merkel says "it was worth a sleepless night."

WSJ Original article ›
LyrArc Article Gist
The bursting of a dam on the Guadalupe river in Texas shows the problems of aging infrastructure in the US. The Lake Dunlap dam was built in the 1920's to generate electricity for rural homes in the state, and is one of six dams on the Guadalupe river. There are 91,815 dams in the US with an average age of 61 years, according to the US Army Corps of Engineers. It would cost $157 billion to repair and build new dams to replace these aging dams.

NYTimes.com Original article ›
LyrArc Article Gist
Aging US dams are a problem like this one that was almost taken out in Midwestern states floods. The Rapidman dam in southern Minnesota was in "imminent failure condition" when floods hit last week. With the average of American dams at 60 years it looks like things will get worse. This dam 90 miles southwest of Minneapolis was built in 1910 on the Blue Earth River. With extreme weather events becoming common these dams are one more part of our infrastructure that needs rebuilding.

WSJ Original article ›
LyrArc Article Gist
U.S. president Trump's statement calling for a list of goods for tariffs on $200 billion of Chinese goods leaves China without a clear response and facing new risks. The U.S. exports about $150 billion in goods to China so that China would have to impose penalties to respond at the same level. Placing restrictions on American firms on access to China's market, and imposing other penalties would have the effect of reinforcing the perception of unfair practices targeting American business and lead to hardening of U.S. response.  The U.S. sees itself as being in a better position with the U.S. economy experiencing a growth trend. China with large local government and bank debt faces a difficult situation. President Jinping's policy of reducing the risks of bad debt in the banking system involved sacrificing some growth to stabilize the system. China's GDP growth in 2017 was 6.9%, the target at 6.5%. Future targets and actual growth now look to be much lower.The trade war with the U.S. has the effect of dampening growth leading to calls for the central bank to loosen its monetary stance. In response to Trump's announcement the People's Bank of China pumped $31 billion into the nation's banks. China is studying Japan's response in the 1980's and 1990's when the U.S. took strong action against Japan's growing trade surplus. Japan responded by appreciating its currency and using stimulus to cushion the effect of lower exports on the economy. The stimulus led to the housing bubble and over time a period of low growth and stagnant economy. The large China stimulus in 2008-2009 has compounded the problems in the banking system. Not deleveraging and controlling financial risks in China's banking system because of the trade war would bring a new set of risks. ...
Original article ›
LyrArc Article Gist
NHK documentary showing the atomic bomb explosion on Hiroshima on August 6, 1945. The only surviving structure is the Genbaku Dome built in 1914 the entire copper part of it having melted in one second.

"A full scale nuclear exchange, lasting less than 60 minutes, with the weapons now in existence, could wipe out more than 300 million Americans, Europeans and Russians, as well as untold numbers elsewhere. And the survivors as chairman Krushchev warned the Communist Chinese, "the survivors would envy the dead." For they would inherit a world so devastated by explosions and poison and fire, that today we cannot even conceive of its horrors." 

This is John F. Kennedy in a televised address on July 26, 1963

 

WSJ Original article ›
LyrArc Article Gist
RFK Jr wrote this op-ed on getting Americans to live healthier lives and eat healthier foods, cut the growth of food processing industries. RFK Jr says that his uncle John F. Kennedy was right in 1960 in writing that-  “The physical vigor of our citizens is one of America’s most precious resources.” The Presidential Fitness Test that President Obama ditched should be reinstated. In this Op-ed in the WSJ on September 5, 2024 RFK Jr. gives a Plan of Action to correct the errors in the way America has acted on the Nation's health that have cost the country its most precious resource. It means removing the influence of money on what is best for our health, and on taking decisive action in a whole range of areas. It means a new focus on healthy foods intake and vigorous exercise. ...
New York Times Original article ›
LyrArc Article Gist
German public opinion on the resignation of Education minister Schavan for plagiarism in a doctoral thesis written in 1980 at Heinrich Heine University in Dusseldorf. The issue was misattributions in footnotes. Here one commentator says Germans are going too far in rejecting good public servants for relatively small errors.
Wall Street Journal Original article ›
LyrArc Article Gist
Over 50% of respondents in the 2012 Gallup poll view Japan as the U.S.'s most important partner in Asia, compared to 39% for China. The shift in how Americans view China is pronounced in the last 3 years. In 2010 the two countries were tied 44%-44%. In 2011 China was 39% to Japan's 31%. In 2011 India, S. Korea and Australia were added to the poll as partners. Among "opinion leaders" such as business executives, government officials, academics and journalists, China gets 54% to Japan's 40%. The poll is conducted by Gallup for the Ministry of Foreign Affairs of Japan since the 1960's. The analysis shows that respondents picked China for economic reasons not for political reasons. A survey of the general population shows 84% view Japan as a dependable ally, up 2% froom 2011, with similiar trend for opinion leaders.
WSJ Original article ›
LyrArc Article Gist
This WSJ report traces the development of rail, trucking, container shipping and forklift use in Germany, Russia and the US. The World Bank Logistics Index shows Germany ranking first, the US 14th, China 26th, Russia 75th out of 160 countries.  Russia's military relies on a supply system that uses crates instead of container shipping, not much use of forklifts, and relies on rail and conscript labor. During the invasion of Ukraine in April Russian supply lines that did not control rail failed to supply forces leading to slow progress. Because of dense rail lines in the eastern Donbas region Russian supply lines have worked to sustain advances. About 750 miles of rail lines have also been repaired by a special force set up for this purpose.  In a larger sense the problem of logistics and supplying front lines remains. This report shows the contrast between the development of Russian logistics and American logistics described by military experts in the US. The Russian system evolved in the early years of the 20th century based on conscript or free and abundant labor compared to the US where labor was scarce and costly. Automation progressed rapidly with American business taking up use of forklifts and containers during the 1940's extending to its use in the military. During the Vietnam war Cam Ranh Bay US bases were converted to modern container and forklift use. Russia continued through the sixties till today with a different and less automated system of logistics and movement of goods.    The use of modern logistics in Russia is limited to the amount of freight that gets moved in Colombia and much less than France says this report in WSJ. Much of the industrial base in Russia is built around oil and gas exports and manufacturing with movement of supply chain parts has never taken the importance that it has in Germany or the US. This limits the capacity of the Russian military outside the rail lines located towns and cities in Donbas where it has recently made gains. ...
The Guardian Original article ›
LyrArc Article Gist
This report on Bangladesh politics and economy is from The Guardian July 14, 2019. In 2009 the Awami League party under Sheikh Hasina contested the election in a Grand Alliance with Gen. Ershad's Jatiya Party winning an absolute majority of the seats. Since then Sheikha Hasina has been prime minister through 4 elections maintaining economic growth through the garment industry till the pandemic and disrupted supply chains hit Bangladesh hard leading to its debt burden doubling in 3 years. This led to turning to the IMF in 2022  with reserves down to $23 billion and student protests over lack of jobs. A second wave of protests led to her ouster in August 2024. This report by Derek Brown in The Guardian shows the changing situation in Bangladesh in the 1980's and 1990's after independence in 1971 following the India-Pakistan 1971 war. Zia Khaled of the BNP and Sheikh Hasina of the Awami League were alternately in power with periods of rule by the Army under Ershad contesting elections as the Jatiya party when the two parties failed to govern effectively. This went on from 1996 till 2009 when Sheikh Hasina began what would be four terms in office for 15 years. The economy was improving by 2019. And then Covid hit - the pandemic had serious effects on the foreign exchange reserves of Bangladesh, Sri Lankan and Pakistan economies. Only in India with the efforts of prime minister Modi was the economy put on a sustained growth path, corruption prevented by the personal example of Modi's leadership, and a state led development focus achieved using the example Modi had set in Gujarat as its chief minister for 15 years. The rest of South Asia lacked such firm and decisive leadership that is similar in its focus to the transformation of first Japan and China into leading industrialized nations.  In 2022 Bangladesh followed Sri Lanka and Pakistan in going to the IMF. By 2023 the foreign exchange reserves had declined to $23 billion. In 2024 to $19 billion. Garment economy dependent Bangladesh was seeing the effects of supply chain disruption and decrease in earnings from exports. In 2024 student protests on joblessness and frustration at economic prospects led to the ouster of the Hasina government.  ...

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