LyrArc Article Gist
Defense Secretary Pete Hegseth hosts military chiefs of 34 countries in Washington DC. He tells the gathering- “We must work together to prevent any adversary or criminal actor from exploiting your territory or using your infrastructure to threaten what a great former American president, Teddy Roosevelt, once called ‘permanent peace in this hemisphere.’ "

LyrArc Article Gist
Chinese government and China's Securities Regulatory Commission issues a scathing criticism of pwc accounting firm's audits of Evergrande real estate company. Evergrande went into bankruptcy on a huge scale and pwc's audits failed to disclose what was happening at the company when apartments that were not built or not completed were considered as revenue. This disguised the problems at the company  leading to huge losses and affecting the entire Chinese economy that depended too much on construction for GDP growth.

LyrArc Article Gist
Bay Area Transit (BART) a San Francisco institution is at risk of big cuts in service closing 15 stations, closing at 9 pm,  as work from home pandemic period changes cut ridership from 389000 in Jan 2020 to 170000 in Jan 2024. It now has a $400 million structural deficit. BART management proposes a half percentage point additional sales tax on counties in the San Francisco area- Alameda, Contra Costa, Mateo, Santa Clara, 1 percentage point addition in San Francisco. This may not address the problem fully as the ridership is declining not only because of the keyboard post pandemic economy, the fact that downtown San Francisco has a 30% vacancy rate in buildings and the lifestyles have changed from before, but also because it is less safe, reported use of crack, and a less clean friendly ride on BART. This shows how life in the San Francisco area has changed decades after Silicon Valley took over the city, and how the state of California has changed. Silicon Valley and Wall Street though it had changed America and the World when right in its own backyard institutions such as BART are falling apart, and downtowns are less safe. New York City home of Wall Street has a subway system also in bad shape, and infrastructure badly in need of repair right in the backyard of Wall Street, decades behind in quality of experience from anything found in China or Japan- and now even India. ...

LyrArc Article Gist
Guardian View in 2026 for Burnham:  people will not reward Labour for a new model of the state but for making life cheaper, easier, and more secure. Cutting unprotected departments, cutting public investment, is not the option. It is about making public services from water, energy, transport to education and healthcare work efficiently and better for ordinary people.

LyrArc Article Gist
Shorter work hours can provide time for yoga classes, time with children, travel overseas, and other activities for a healthier and more satisfying life. This report in WSJ shows people in different professions from medicine to environmental engineering taking a different approach to life. After the pandemic there is a rethink of what is a better way to work and combine work with attention to healthier living. Healthier living provides the concentration power that enables doing a lot more work in fewer hours creating a new way of working with time for healthy activities outside work. WSJ shows how this works in the lives of 5 workers and their families. For many workers it is possible to earn close to what they made with longer hours by utilizing the time more effectively, with all the added benefit of healthier lives- this adds up over the years reducing many of the health problems that come from neglecting healthy activities during prime work years.