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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.


WSJ Original article ›
LyrArc Article Gist
Colleges and universities are preparing to reopen and investing in the changes required for coronavirus prevention and control. Installing plexiglass, hand sanitizer stations, and ensuring availability of face masks on campus, arranging for labor to do the hourly wipedown of door knobs and for taking student temperatures, are steps colleges are taking to reopen. Some universities expect to reopen with 30% of classes in face to face settings.

Other planning includes installing upgraded ventilation systems, retrofit doors for motion sensor technology or foot operated openers. Also included infrared technology to detect temperatures and ultraviolet lighting disinfection technologies.

WSJ Original article ›
LyrArc Article Gist
Disney world faces tough time operating in Florida and other countries as the pandemic throws up many hurdles. The coronavirus surge in Florida takes place just as Disney operations restart in Florida July 11 complicating life for the company. The entire Disney business model is up for huge uncertainty and will never be the same. Disney reopening is being questioned by the public, and the sight of people entering the theme parks are jarring when one sees the huge surge in cases in Florida and numbers of cases per day of 10,000 to 15,000.

WSJ Original article ›
LyrArc Article Gist
Coronavirus testing is taking off in the U.S. for the first time after the U.S. Federal Drug Administration relaxed testing regulations on February 29, and as more universities and hospitals develop their own testing technology and apply it. The FDA has approved more than 15 tests and many more are awaiting approval. 

This includes UC Davis, Washington University School of Medicine, Brigham and Women's, Harvard Medical School, Mount Sinai Medical Center in New York City, centers that are running the tests limited only by the shortage of reagents supplies.

DW.COM Original article ›
LyrArc Article Gist
DW.com reporter Sean Goodwin goes from Germany to Australia and finds a very different attitude to coronavirus, kind of laid back. Australians he says have a sense that it is a lucky country, and that "she'll be right." The government and Sydney have been slow to adjust to the reality. A stay at home order is now in place in Sydney and New South Wales state.  Australians seem to think they are somehow far away and isolated from the world's problems. It is a cruisy optimistic mentality, says this report.

 

France 24 Original article ›
LyrArc Article Gist
An intense debate is taking place as Spain's agricultural regions face prolonged drought. The Valencian Community and Alcoy depend on rain and in drought conditions can lose 100% of crops. Murcia, Alicante and Almeria in the south east get water from local rivers, desalinated water and from the river Tagus. About 40% of water comes from desalinated water and diversion of water from the River Tagus hundreds of kilometres further north. Irrigation helps farmers plant organic lemons in what was once a dry arid region, and drip dry irrigation conserves water. The Spanish government is planning to limit the drop in the levels of the Tagus river to conserve water in the river which would reduce water to the south east around Murcia and Almeria. This region is considered to be the vegetable garden of Europe.

WSJ Original article ›
LyrArc Article Gist
After energy shortages in 2021 the Chinese government decided to increase coal power projects. In 2023 these coal power projects are increasingly seen as backup sources of power with rapid increases in the production of renewable solar, wind and nuclear energy. China has nearly reached the point where half its energy is coming from renewable energy sources. Coal power companies are not profitable compared to renewable power companies. The result is that China's total emissions of carbon are declined in 2022 by 1.5%. China's power demand is growing by 6% each year, yet more of the increase in demand is being met through renewable energy expansion with coal being set as a backup source. Soon many of the power projects started after 2021 may be cancelled because they are losing money.

NYTimes.com Original article ›
LyrArc Article Gist
President Biden says he opposed reducing minimum sentences for crimes in Washington D.C. such as carjackings, as proposed by a new law in D.C. Biden says Republican efforts to block that legislation would bring that to his desk and he would not veto the Republican proposal blocking reducing sentences. Crime is up 40% in Washington D.C say police. In the New York election for Congress, and in the recent Chicago mayoral election crime was an issue for Republicans leading to losses for Democrats and for Lori Lightfoot in Chicago. Biden wants to focus on the major issues for workers and families in the country, on infrastructure, jobs, inflation, and the US economy, and not let his plan for America's renewal lose focus because Republicans are able to make crime an issue.

WSJ Original article ›
LyrArc Article Gist
Silicon Valley Bank's investments in Treasury's did not appear to be risky yet these investments were in long term Treasury's that lost value when interest rates were increased by the US Federal Reserve. The market value of its assets declined leading to startups and other tech companies affected by the downturn to withdraw assets all at one time from the bank. The withdrawals amounted to about $42 billion last week leading to its collapse from running out of cash to pay depositors withdrawing their money. Unlike the bad loan problems of banks in 2008, a whole combination of such factors led to its collapse. With the collapse the FDIC will issue receivership certificates for the $155.1 billion in deposits  that were large and did not qualify for FDIC insurance.

WSJ Original article ›
LyrArc Article Gist
The US Air Force plans to order 100 planes of the B21 Stealth Bomber at $700 million each. This aircraft is made at Plant 21 in Palmdale, California. The development of this plane was kept hidden for seven years even to families with someone working at the plant. It is made by Northrop Grumman. The previous version of the plane was the B2 Spirit of which only 21 were made leading to a high cost of $2 billon per plane. These planes last for many years. The B52 bombers of the Vietnam era are still in use. Their cost is prohibitive for most countries. During the period after the collapse of the Soviet Union investment in these bombers declined. With new risks emerging for NATO in Europe and in Asia this aircraft is seen as an American deterrent.

The Indian Express Original article ›
LyrArc Article Gist
Finance minister Nirmala Sitharaman announces the details of the $280 billion (20 lakh crore) economic package and action being taken to help (MSME) small and medium size enterprises in India. About 3 lakh crore or about $40 billion will be for support of the MSME enterprises. The MSME sector in India cover millions of micro, small and medium size businesses that support the economy. By increasing the size of the market by 2000 crores rupees through avoiding foreign tenders the government wants to give more scope for growth and investment to this sector. Some imports from China and other countries could now be manufactured in India as part of the push to be local and self reliant, as well as provide room for robust growth in the future after the blow from coronavirus.

WSJ Original article ›
LyrArc Article Gist
How to know where inflation is headed is shown here in charts in the WSJ. One has to look at the charts for oil and energy costs, automobile costs which are about one fifth of the inflation, retail prices, travel costs, expectations that drive prices. As the pressures decrease for demand for goods in 2022 following a pandemic induced increase in demand the inflation is driven largely by energy and automobiles costs. Amazon is renting out the extra space that it does not need in warehouses is one report in WSJ today. Pharmaceutical companies such as J&J are also seeing an easing of demand as reported in WSJ. The bottlenecks at the port of Los Angeles are also easing with improved unloading of containers which eases flow of goods.

 

WSJ Original article ›
LyrArc Article Gist
The efforts by the Republican Senator Lankford of Oklahoma with the help of Senator Graham of South Carolina, Senator Tillis of North Carolina, and other Republican senior senators, to get a immigration bill through the US Congress that president Biden supports to close the border with Mexico immediately after its passing, is the subject of this video in the WSJ. It says this is the only solution for the immigration crisis not waiting another 12 months to take action. The problem is the parole and asylum policies of the US which need fixing, says Senator Lindsay Graham, the senior Republican in the Senate. The bill would do just that, yet faces opposition from Speaker Mike Johnson, Republican of Louisiana in the House of Representatives who says the bill would be dead on arrival in the House, making it inexplicable.

NYTimes.com Original article ›
LyrArc Article Gist
Leaders of Africa's development banks and the president of Kenya make this plea for adjustments on debt repayments and a moratorium on debt servicing before the annual conference of global finance at Marrakech, Morocco. The problems are: a 35% increase in debt repayments to $62 billion for Africa with increase in interest rates. The total debt of Africa now at $1.8 trillion. The neglect of education and health when countries such as Zambia and Ghana default on debt. The complexity of debt renegotiation with 40% of debt in private hands and 31% with China which is not part of Paris Club. It took 3 years for Zambia to negotiate its way out. And 23 nations in Africa are near default out of the 52 in the world facing this situation.

PBS NewsHour Original article ›
LyrArc Article Gist
A key part of Modi's address was about meeting the needs of 1.4 billion people in a way that was never met before for hundreds of years. Providing health coverage to something like the whole population of South America. Putting money directly in the bank accounts of something like the whole population of North America. How do you govern a country with 2500 parties and 22 parties governing in different states of the Union? How do you deal with a country with 13 major languages? The challenges are unprecedented and even more to ensure proper delivery of services to the entire population, that has never happened before. It truly is an astounding democracy and has been for 75 years- the only way to know is to go travel throughout India.

DW.COM Original article ›
LyrArc Article Gist
Astrid Prange says the movement started by Luther against paying for penalties for sins being paid for by indulgences, and seeing faith as a gift from God, helped the renewal of the church and Christianity. It came at the time of the printing press, touching a chord with people in Germany. Luther was not a revolutionary, as he was conservative and principled, his goal being to go back to the Christian church's origins. Prange says that in this he is typically German. On October 31, 2016, Pope Francis joins Protestants in Lund, Sweden, for the Lutheran World Federation's celebration of 500 years since the Reformation. Luther would have welcomed this, considering what Pope Francis brings to the Catholic world with tolerance, spiritual renewal and reviving the original teachings of the Christian church.

WSJ Original article ›
LyrArc Article Gist
Instead of killing the NAFTA trade agreement Trump and his advisors prefer renegotiating the treaty. Priorities for the Trump administration are reducing the U.S. deficit with Mexico of $61 billion. Trade with Mexico and Canada is worth $1.1 trillion and the complex supply chains works such that product components cross borders more than once to become finished products. Mexico promotes its auto and other industries as duty free access to the U.S. for foreign investment. Special tariffs would reduce the trade deficit with Mexico and firms that moved production to Mexico would pay additional taxes. A provision that allows Mexican and Canadian companies to challenge U.S. regulations would also be removed. Rep. Brad Sherman (Democrat) says he supports the renegotiation so that duties of 4% are imposed to reduce the deficit to $25 billion.

DW.COM Original article ›
LyrArc Article Gist
Without hydropower and the clean energy from dams estimates are for 10% more use of burning fossil fuels. China and Brazil have added 12.5 gigawatts of power from hydropower, 50% of this in the world for 2017. Africa added 1.9 gigawatts in this period and 6 countries depend on hydro for 90% of electricity production.  The entry of private capital and the financing from the government in the case of China and India is replacing the role of the World Bank. 

The effect of lack of electricity in India and Africa is underestimated in how it affects people's lives in these regions with lack of water supplies, and lack of electricity severely hurting people in large numbers who are marginalized or forgotten because they never had access to lighting at night before.

Original article ›
LyrArc Article Gist
The official trailer for Oppenheimer the movie shows the giant ball of fire it shows a grim looking scientist but does not show the the effects of the war on civilians as was shown just 8 months back in May 2023 by premier Kishida of Japan and the organizers of the G7 summit in Hiroshima at the exhibition in Hiroshima. The new exhibition at the Hiroshima Peace Memorial was visited by G7 leaders. It shows the human beings that died on that day, the survivors including children, the lives they lived, what they were doing at that moment on August 6, 1945. NHK documentary taking us through each exhibit in a walk through the exhibition was a profoundly moving experience. Yet few in the US may have seen it, and fewer even know it even exists.

NYTimes.com Original article ›
LyrArc Article Gist
The huge task of getting across policies to voters in the US who have been left out either through the presence of social media distracting attention or the busy lives of voters keeping them less informed as they struggle to get by. The message on the White House Biden and Harris site does not get through to these voters. The television and newspapers have only now gone into the policies Harris has announced at Wake Tech community college in Raleigh, North Carolina. This reaches a Democrat audience but what about it reaching the voters who are unaware in rural areas, of North Carolina and the rest of the 51states, in other areas and parts of the country where it is still fuzzy fuzzy with misinformation or counter advertising muddying up the clear picture of Harris policies. 

NYTimes.com Original article ›
LyrArc Article Gist
Queen Elizabeth was more comfortable with Labour prime ministers than Conservatives. This included Harold Wilson of Labour. The Queen had a prickly relationship with Margaret Thatcher. King Charles  has strong views on social issues such as housing and migration, and on climate change. Charles 75 years and Keir Starmer 61 years are shown here to have similar views on social issues in Britain. If Starmer wins the election they will meet weekly, and have much in common. The royal historian says there is a meeting of minds in terms of the social issues at stake, the plight of the people of Britain. The national anthem was played at the beginning of the Labour Conference in 2022. Sir Keir Starmer was made Queen's Counsel in 2004 and was knighted in 2014 for his services in public prosecutions. 

Washington Post Original article ›
LyrArc Article Gist
The Chair of the Congressional Hispanic Caucus and Deputy Chair, Nanette Baragan, Adriano Espaillat ,say "we stand with president Joe Biden and vice president Kamala Harris." There are 43 members in that group. Biden also had a good conversation Monday night with 60 members of the CBC Congressional Black Caucus. The CBC offered full support to Biden and Harris and the CBC called for efforts to invest in housing and invest in the Black Community. Every member of CBC praised Biden. Senator Patty Murray, president pro tempore of the Senate, asked Biden to be more forceful and energetic- "There is such a case to be prosecuted against Trump, president Biden has to lead the charge making that case." She also praised Biden for leading a "historic" first term.

BBC Sport Original article ›
LyrArc Article Gist
The longest US Open Tennis match? 5 hours and 35 minutes between Dan Evans of the US and Karen Khachanov of Russia just yesterday August 26, 2024. The first three sets were tie breakers. Dan Evans was down 0-4 in the fifth set and came out to win it 6-4. At 4 down he thought he was out and just kept on fighting. Fans gave a rousing ovation. Evans says "it was one hell of a match. I just want to go to bed." 

  • Set 1 - 68 minutes

  • Set 2 - 67 minutes

  • Set 3 - 72 minutes

  • Set 4 - 67 minutes

  • Set 5 - 61 minutes

WSJ Original article ›
LyrArc Article Gist
The Fed's Jerome Powell makes a half percentage point rate cut that takes the federal funds rate to between 4.75% and 5.00%.  11 of 12 Fed governors supported the decision for a half percentage point rate cut.

Powell said:

"We are committed to maintaining our economy’s strength. This decision reflects our growing confidence that with an appropriate recalibration of our policy stance, strength in the labor market can be maintained.”

This is the US central bank's, the Fed's response to high cost of living concerns in the US. It provides relief to households with credit card balances, and business with variable rate debt. Rates for corporate debt and mortgages had started declining in anticipation of rate cuts.

Le Monde.fr Original article ›
LyrArc Article Gist
A 40 year old sailor from Normandy accomplishes an utterly mind boggling feat- sailing alone from the western coast of France across the Atlantic to the Cape of Good Hope in 19 days, to the Atlantic at Cape Leeuvin in 29 days, then on to Cape Horn at the tip of Argentina and Chile in 43 days, from there to the Equator in 56 days, and the last leg back up the Brittany coast of France., around the world in 64 days. He wins the 10th edition of Vendee Globe, a non stop non assisted race around the world, and does this for a second time. A heroic tribute to ancestors Cartier and Champlain who sailed to Quebec and to Africa and the east from the coast of Brittany from the 1530's.

Wall Street Journal Original article ›

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