LyrArc | World News Insights: 1-3 Minute Gist

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LyrArc brings in selected articles from many of the world's top publications.

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The 1967 Line of Fire

1 Links 11 Groups

Wall Street Journal - 05.21.2011 Original article ›

Wsj Online, Wsj, Online

LyrArc Article Gist
This Journal editorial calls the point in the Obama speech calling for Israel to return to 1967 borders a serious misstep. At its shortest point the Journal points out, the distance from the West Bank to the Mediterranean coast is 9 miles. This makes such a major geographic factor critical to shaping a peace with the defensible borders Israel needs. This may actually make the peace harder to reach by putting Obama behind a Palestinian position that Israel will not accept, as prime minister Netanyahu pointed out on May 19, 2011.

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Dore Gold: Israel's 1967 Borders Aren't Defensible

5 Groups

Wall Street Journal - 05.21.2011 Original article ›

Dore Gold, Dore, Gold

Japan Utility Posts Loss of $15 Billion

8 Groups

Wall Street Journal - 05.21.2011 Original article ›

Kana Inagaki, Kana, Inagaki

LyrArc Article Gist
Tepco will take a loss of 1.247 trillion yen or $15.28 billion for the fiscal year ending in March 2011. President Shimizu of Tepco resigned. He will be replaced by Toshio Nishizawa, a joint managing director who worked for 36 years at Tepco.

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Tunisia to Seek Backing for Aid

1 Groups

Wall Street Journal - 05.21.2011 Original article ›

David Gauthier Villars, David, Gauthier Villars

Private Sector Lifts Grads' Job Outlook

6 Groups

Wall Street Journal - 05.21.2011 Original article ›

Sara Murray, Sara, Murray, Joe Light, Joe, Light

LyrArc Article Gist
Job prospects for college graduates in 2011 are showing significant improvement from the previous year. About 19% more graduates will be hired in 2011 compared to 2010, according to the National Association of Colleges and Employers. For college seniors, the survey shows 41% having an offer in 2011 compared to 38% in 2010. But the situation remains difficult for students who graduated in 2009 and 2010. Ernst & Young hired 2800 graduates in 2011- up 22% from 2010. The jobless rate for college graduates in the age group 20-24 is 6.4% in April 2011, coming down from 7.1% in the prior year, according to the Labor Department. In April 2007 the unemployment rate was 3.5%. The situation is uneven, with better prospects for graduates in computer science, engineering, accounting and economics, and most of the jobs in the private sector.

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Students Tap Power of Rowing on the Harlem River

New York Times - 05.20.2011 Original article ›

Corey Kilgannon, Corey, Kilgannon

Carmakers Trim Discounts as Supply and Demand Lift Prices

2 Groups

New York Times - 05.20.2011 Original article ›

Bill Vlasic, Bill, Vlasic, Nick Bunkley, Nick, Bunkley

Small, Poor, Successful School Waits for Obama, in Vain

3 Groups

New York Times - 05.20.2011 Original article ›

William Yardley, William, Yardley

Netanyahu Rejects Obama Compromises on Talks

1 Links 5 Groups

New York Times - 05.20.2011 Original article ›

Steven Lee Myers, Steven, Lee, Myers

LyrArc Article Gist
Referring to the nine mile wide area from Israel's Mediterranean coast north of Tel Aviv to the West Bank at the shortest point, Israeli prime minister Netanyahu says of pre-1967 borders- "these were not the boundaries of peace, these were the boundaries of repeated wars." Netanyahu is reported to have made an angry phone call on May 19, 2011, to Secretary of State Hillary Clinton after hearing of President Obama's call for a peace with a return to the pre-1967 borders. Netanyahu told Obama Israel considered such borders indefensible and not the basis of a lasting peace.

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