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https://www.hindustantimes.com/ Original article ›
LyrArc Article Gist
Even though ambitious targets are being set by the government raising from 50 million to 80 million in 3 years the target for new LPG connections to shift rural households from firewood to natural gas use, more needs to be done. The head of the Economic Advisory Council to Prime Minister Modi of India. Bibek Debroy, asks questions about the Ujjwalla program in India to shift rural homes from firewood to gas use. Is the fixed subsidy of Rs 1600 enough? Is a 5kg cylinder what the market wants instead of the 14.2 kg cylinder? Are there externalities that favor use of firewood? Will rural households replace the cylinders at this subsidy level because the costs are still high?  The PMUY, or Pradhan Mantri Ujjwalla Yojana was launched in India in 2016 in Ballia, Uttar Pradesh under the Modi administration. The target for LPG gas use for firewood using households was 15 million in the first year and 50 million for the next 3 years. The government pays Rs. 1600 subsidy for a new connection reimbursing the oil company making the connection. The refill and cost of stove, is the rural household's responsibility. Separate guidelines were made for urban households. The government website mygov.in shows 41 million households have used Ujjwalla to get LPG and stop firewood use. The new target of 80 million means the goal post is moving higher. The 2011 Census is cited showing the rural household use moved up from 6% to 12% by 2011. For All India it was from 17% to 29%. About 100 million rural households use firewood, 62.5% of all rural households in 2011. A big issue is how this affects the health of women using firewood for cooking, and who collects this firewood. Firewood is still cheaper says Debroy, and there are negative externalities associated with firewood not understood enough. Changing the face of rural India is a project in motion, with new issues to tackle, new hurdles to overcome, every bit of progress showing how much more needs to be done. ...
ETEnergyworld.com Original article ›
LyrArc Article Gist
The International Renewable Energy Agency (IRENA) says in a new report that the cost of renewable energy production in India in 2020 is the lowest of 8 countries, including China, France, Germany, Italy, Spain, UK, U.S. It also points out that India has lowered the cost of solar energy faster than any other country since 2017- by 80% for the period 2010-2018. Solar energy for India in 2018 cost 27% lower than in 2017. Major achievements have been made in solar energy and are continuing with bold targets. In 2020 solar makes up 36% of total energy capacity, with production at 136 gigawatts. In India the conditions with high degree of sunlight in most parts of the country, and the technology cost reductions, lower cost of land and labor, help bring down the cost of solar energy every year. The bold targets and action taken are symbolic of the new efforts in India. The early efforts in India are described as overcoming the hurdle of preconceived notions that electricity shortages had to be accepted as a way of life. In Gujarat the first efforts over 15 years ago were taken by rejecting the idea that electricity could not be made widely and freely available. To do this policy had to be set by starting with first a clean slate and then with a clean heart say pioneers in India's early gains. A clean heart because of how desperately people needed electricity. And a clean slate because how desperately people needed to start from scratch with a new structure and new way of doing things set in place. As Vivekananda put it over 100 years ago "This I have seen in life. One who is overcautious about himself falls into dangers at every step. he who is afraid of losing honor and respect gets only disgrace. He who is always afraid of loss always loses." By taking bold action, making small experiments then setting bold targets and setting structures in place to execute manned with resources, India has achieved 4G in all parts of the country, and is doing the same for renewable energy to make electricity widely available in all parts of the country. ...
New York Times Original article ›
Washington Post Original article ›
New York Times Original article ›
DW.COM Original article ›
LyrArc Article Gist
German federal and state leaders meet on acceleration of the vaccination drive. Steps will be taken to allow family doctors to give vaccinations after Easter. About 15.4 million vaccine doses should be available in April. The goal is still is to make vaccine available to every German citizen by summer.

South China Morning Post Original article ›
LyrArc Article Gist
This report in The South China Morning Post in Hong Kong, gives insights into the Chinese position in trade war with the U.S.  China has its own internal groups which support China being able to take a leadership role in world affairs. Xi Jinping made giving China a prominent role in the world a feature of his presidency. China  has this internal audience and its own sense that China's resurgence was won with hard work and cooperation, plus dedication of the Chinese people. In the past Japan and South Korea also used state subsidized industries, and subsidies to gain leadership in key business sectors involving high technology. China would see this state subsidies model as its own model of development. From this standpoint the U.S. demands on subsidies as unfair competition could be seen as changing a key part of its economic model.  Asking China to put everything in writing and show tangible proof of enforcement as the U.S. insisted in talks, was too much for the Chinese side. China said trust us to do this, and lift the tariffs based on our verbal assurances. The U.S. having seen decades of no progress on this point, wanted tangible proof before tariffs were lifted. Added to the demands on subsidies were the demands for no more of what the U.S. calls stealing of U.S. technology through forced transfer of technology by U.S. firms as a condition to operate in Chinese markets. With the U.S. lagging in 5G technology and Huawei ahead the issue resonates on the U.S. side. Add to this Mr. Trump's key voter base includes the former Democratic party supporting workers who have shifted to him because of trade agreements and policies of Clinton and Obama that hurt American workers through seemingly endless closure of manufacturing plants from Chinese competition.   ...
The White House Original article ›
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The actual text of the Feb. 1, 2025 Executive Order  from the White House and president DJT says about the flow of fentanyl that has taken the lives of more of America's young people than the wars- the Korean War, Vietnam War and the First World War combined. That is the astonishing story of what has happened to American society over the last two decades. "The influx of these drugs to our Nation threatens the fabric of our society.  The PRC plays a central role in this challenge, not merely by failing to stem the ultimate source of many illicit drugs distributed in the United States, but by actively sustaining and expanding the business of poisoning our citizens." What the US Supreme Court and Justices Roberts, Thomas, Scalia, Barrett, Alito, Gorsuch, Kavanaugh, make of this one can only guess. One has only to walk from the US Supreme Court Building to the faces from the 1950's at the Korean War Memorial to get a sense of what the Justices have to be thinking.  ...
The Wall Street Journal Original article ›
LyrArc Article Gist
Paramount bid for Warner Discovery including cable channel CNN, new offers expected Feb 2026 to exceed one by Netflix.

The Washington Post Original article ›
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US Supreme Court in 6-3 majority rules against tariffs by DJT, but makes no mention of refunds.

The Washington Post Original article ›
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3 million people affected as Medicare Advantage Plans pull out of some counties in the US by March 2026.

BBC News Original article ›
LyrArc Article Gist
SNP to win 63 seats to be largest in Scotland, Reform no seats in Scotland, Labour losses in Scotland.

BBC News Original article ›
LyrArc Article Gist
One consequence of the change in climate change policy is addressing the unaffordability crisis for cars. It would reduce the price of cars by about $2400. It removes the tighter emissions standards of the Biden administration giving automakers some relief. Price of car had surge under the Biden administration. As gas prices are brought down this is an effort to bring down car prices. How does this affect global emissions? Diana Roth from the DJT Transportation Department says- "It's gone to China, where it's made in a dirtier way. So to say that we're reducing global emissions by ending energy intensive manufacturing in some countries, then having it go to China and India, where it's made in a dirtier way, does not reduce global emissions." This suggests it is not necessarily true that global emissions that affect climate change are reduced when the US by itself alone cuts emissions and this then saves lives in a significant way. That does not offer the complete picture. And the current approach under DJT is to temporarily give affordability and cost of living priorities equal consideration for policy an approach accepted by the Biden administration. ...
The Economic Times Original article ›
LyrArc Article Gist
Serum Institute in India's vaccine developed with Oxford University is a leading one of the 6 candidates in India for coronavirus vaccine. It is expected to be ready by September. ICMR also has a vaccine that could be ready by India's Independence Day of August 15. One of the vaccines is for the elderly. Serum Institute has the advantage of being one of the leading manufacturers of vaccines in the world. India makes 60% of the world's vaccines giving it much experience in manufacturing that is needed today.

The Guardian Original article ›
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The idea of "two tier policing" in Britian has been spread by Tommy Robinson and other figures and by social media actors yet it does not pass scrutiny says this report in The Guardian. It is in situations such as these that social media cannot be considered a technological advance but one that takes society back many steps. The lack of regulatory scrutiny and regulation of social media through Tech industry acting on its agenda may be one of the serious threats facing Democracy in the US, Europe and the World.

DW.COM Original article ›
LyrArc Article Gist
Only by drawing the real connection between climate and human health can real progress be made in tackling climate change. The planet is greater than we are, say experts, and it will survive us. It is people who have to save themselves.

The New York Times Original article ›
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British prime minister Theresa May makes a bid for working class votes in the 2017 election, just as the Labor party under Jeremy Corbyn announces its own manifesto seeking working class votes. May has proposed increasing the minimum wage to 60% of median earnings by 2020, and increased funding for the National Health Service by 8 billion pounds over 5 years. Corporate taxes will be reduced from 19 to 17% compared to Labor Party raising it to 26% under Corbyn's manifesto. Some of the Labor Party's supporters in the north of Britain are leaving the party because of dissatisfaction with Labor's leadership.

WSJ Original article ›
LyrArc Article Gist
Suggested books for retirement to help understand better how to lead the life you want to live in your 60's and beyond are shown here.  The Big Shift: Navigating the New Stage Beyond Midlife, by Marc Freedman 65 Things to Do When You Retire, edited by Mark Evan Chimsky (a collection of 65 essays by achievers in their 60's with unusual and fulfilling activities during retirement) Second-Act Careers, by Nancy Collamer The Encore Career Handbook, by Marci Alboher Don't Retire, Rewire, by Jeri Sedlar and Rick Miners (these do just what they say with examples) Transition to retirement can be arduous- and here is where these books come into draw on the experience of hundreds of people between 50 and eighty years to shape a healthy and rewarding life in retirement. The Couple's Retirement Puzzle, by Roberta K. Taylor Retirement for Two, by Maryanne Vandervelde       ...
BusinessWeek Original article ›
LyrArc Article Gist
Laurence Kotlikoff is a Boston University economist who calls the Obama administration's plans for fixing the financial system akin to "putting a Band-Aid on cancer." He outlines his own proposal in a book just out with the title: Jimmy Stewart is Dead. It calls for taking the risk out of the nation's financial system with "too-big-to-fail" banks, which threaten America's financial system, and may cost huge amounts of taxpayer money approaching by one estimate the entire unfunded liabilities of the Social Security System. He writes in the book that "the problem is the leveraging of the taxpayer by people with no formal training in finance or economics, no personal downside, an assortment of Napoleonic complexes, the money to buy ratings in New York and policy in Washington, and the ability to run circles around regulators." His proposal is to turn banks - intermediaries taking deposits and making loans- into institutions that connect borrowers and depositors with very safe mutual funds created for this reason. Each deposit would be pooled with other deposits in the new kind of mutual fund with all the money held in cash. These mutual funds would supply loans. This strips banks of their risk-taking function. It has attracted attention and support of Columbia University's Jeffrey Sachs and University of Chicago's Nobel Prize winning economist Robert Lucas. Most recently Bank of England's Governor mentioned Kotlikoff three times in a speech to Parliament as ideas worth looking at. With bankssstripped of risk-taking only one single Federal Financial Authority as the national regulator would be needed, instead of the myriad regulators in the current system that have failed in crises. MIT's Simon Johnson agrees that some strong action is needed and compares the need for action with what Theodore Roosevelt had to do to break up the once impregnable Standard Oil. By 1911 the Supreme Court had broken up Standard Oil into 34 companies....
New York Times Original article ›
LyrArc Article Gist
Exxon, BP, Eni, Shell, are actively working in Iraq to increase oil production, along with Lukoil, Gazprom, China National Petroleum, China National Offshore Oil Corporation. Foreign companies are attracted to Iraq because of the potential for growing oil production. Iraq produces 3 million barrels a day in 2012. An additional 400,000 barrels a day is planned for 2013. Shell's Iraq country chairman, Hans Nijkamp,says Iraq could eventally produce 6 to 10 million barrels a day by the early part of the next decade. Iraqi government officials have set a target of 10 million barrels a day by 2017, which is overly ambitious because of the many problems that need to be tackled, including building port and pipeline infrastructure, huge water projects to pump saline water into old oil fields, and passing a national oil law. Passing a national oil law means negotiating a deal acceptable to the Kurdish and other regions about sharing oil profits.
WSJ Original article ›
LyrArc Article Gist
Tim Cook talks to developers at a world wide virtual and in person event. 

Apple will introduce a new 13.5 inch Macbook Air with a inhouse M2 chip for $1195 on sale in July 2022. A new 13 inch Macbook Pro will also be made.

The new iPhone with 5G capability had sales of $191 billion in fiscal year ending in September 2021. iPhone sales up 6.2% in 2022 vs 39% in 2021 when the pandemic led to remote work on Apple and other PC's.

App store and ad sales up by 17% to $80 billion, larger than Mac and iPad sales. 

Apple Pay will break payments into 4 installments as an option. Messages will have an unsend or edit option for 15 minutes.

The Guardian Original article ›
LyrArc Article Gist
Ecuador wins by 2-1 vs Germany World Cup Soccer 2026 in an upset win.

NHK WORLD Original article ›
LyrArc Article Gist
This NHK documentary looks at the idea of "Cheap Japan" as wages and prices have stagnated for over three decades. Where the US has grown by 58% for wages over that period Japan has declined by 12%. Japanese companies wages offered even in Thailand and Malaysia, and for low wage products in factories of Vietnam and Bangladesh are cheap and uncompetitive. A Japanese apparel brand is shown looking for factories in Bangladesh that can make shirts at $1.65 to be sold in Japan at $6. Japan's wages and prices are now falling behind developing countries and a Japanese economist calls it "declining Japan." Foreign investment is key to reviving growth by attracting new talent, changing business thinking and style of managing that is more open to new ideas and expansion. It may be of interest to note that Chinese companies in Japan may be focused on electronics and advanced technologies than American private equity in Japan focused on hotels and health care simply to boost profits. ...
The Wall Street Journal Original article ›
LyrArc Article Gist
Much of the talk of risk posed by crypto digital assets when central banks around the world cautioned about crypto digital risk is less heard in 2026 with crypto companies financing of the DJT campaign. Banks remain wary of crypto digital assets and of new legislation supported by Coinbase to legitimize crypto assets. Most banks pay very low interest rates of 0.1% on small deposits and this also presents a problem, though there are options where some banks offer rates of 2-3 percent.

The Wall Street Journal Original article ›
LyrArc Article Gist
WSJ reports in Feb 25, 2026 that most of the Mexican states and the Cancun, Tulum, Puerta Vallarta and other coastal tourist areas are controlled by different drug cartels. It is a collapse of good governance in a neighboring state for the US along a continent size border with huge ramifications for the US ignored by administrations ion the US for three decades (Bush-Clinton-Bush-Obama), along with collapse in governance across Latin America. Only now are the dangers and effects on the US being fully grasped.


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