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Xi Jinping Tariff Negotiating Strategy with US Articles
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.
LyrArc Article Gist
It is too much to expect central bankers to solve the US economy's problems, especially with rates nearly zero, and no agreement between the political parties before mid-term elections. The Federal Reserve by itself cannot fix the economy's problems, with the US economy facing prospects of deflation in 2011; and local governments cutting back as they face revenue shortfalls. Deficit concerns have led to inaction on further stimulus or help to local governments, and the Bush tax cuts are expiring shortly. In 2011 austerity cuts will be the singular theme in the western world, and these cuts are of a magnitude not seen in 40 years. In this situation there is only so much the US Fed can do.
It is too much to expect central bankers to solve the US economy's problems, especially with rates nearly zero, and no agreement between the political parties before mid-term elections. The Federal Reserve by itself cannot fix the economy's problems, with the US economy facing prospects of deflation in 2011; and local governments cutting back as they face revenue shortfalls. Deficit concerns have led to inaction on further stimulus or help to local governments, and the Bush tax cuts are expiring shortly. In 2011 austerity cuts will be the singular theme in the western world, and these cuts are of a magnitude not seen in 40 years. In this situation there is only so much the US Fed can do.
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Original article 4 minutes, gist 1 minute
Original article 4 minutes, gist 1 minute
LyrArc Article Gist
Young Korean-Americans in New York taking up American citizenship to avoid the draft in S. Korea, and a 108 year old Irish woman who immigrated in 1918 from Ireland. The Irish born Margaret lives at the Pine Nursing Home in Glens Falls, N.Y. She gave an interview to the Irish Voice, a midtown Manhattan weekly. She has never returned to Ireland since leaving Scariff, County Clare in 1902. In 1902 life expectancy in the US was 47 years! The percentage of Americans graduating from high school was 6%.
Young Korean-Americans in New York taking up American citizenship to avoid the draft in S. Korea, and a 108 year old Irish woman who immigrated in 1918 from Ireland. The Irish born Margaret lives at the Pine Nursing Home in Glens Falls, N.Y. She gave an interview to the Irish Voice, a midtown Manhattan weekly. She has never returned to Ireland since leaving Scariff, County Clare in 1902. In 1902 life expectancy in the US was 47 years! The percentage of Americans graduating from high school was 6%.
LyrArc Article Gist
The British Garden in Hanover Square, New York, was designed as part of the effort to honor 67 British citizens who lost their lives on 9/11. The garden's designers are two award-winning British landscape architects, both known for designing gardens for Prince Charles.
The British Garden in Hanover Square, New York, was designed as part of the effort to honor 67 British citizens who lost their lives on 9/11. The garden's designers are two award-winning British landscape architects, both known for designing gardens for Prince Charles.
LyrArc Article Gist
Reps. Eric Cantor (Va.), Kevin McCarthy (Calif.) and Paul Ryan (Wis.) have jointly written a book "Young Guns," that completely distances the new leadership in the Republican party from the leaders of a prior generation. The book says the older Republican leadership "betrayed its principles," by not controlling spending. See the the link to David Stockman who has criticized previous Republican administrations for their attitude to spending, including President Reagan. A recent NBC/WSJ poll shows only 24% of those polled seeing the Republican party positively. The idea is to differentiate the younger leaders as new voices in the party, different from the party's previous role.
Reps. Eric Cantor (Va.), Kevin McCarthy (Calif.) and Paul Ryan (Wis.) have jointly written a book "Young Guns," that completely distances the new leadership in the Republican party from the leaders of a prior generation. The book says the older Republican leadership "betrayed its principles," by not controlling spending. See the the link to David Stockman who has criticized previous Republican administrations for their attitude to spending, including President Reagan. A recent NBC/WSJ poll shows only 24% of those polled seeing the Republican party positively. The idea is to differentiate the younger leaders as new voices in the party, different from the party's previous role.
LyrArc Article Gist
Michael Bennet in Colorado, Paul Hodes in New Hampshire, both Democratic candidates, are campaigning for austerity cuts to reduce the deficit. Paul Hodes suggested $3 billion in spending cuts that would remove airport, railroad and housing funds. As Democrats shift to deficit reduction and reducing spending, to keep up with shifting public sentiment; Republican candidates are shifting to radical solutions to reduce the deficit, including shutting down some federal agencies. This may result in an entirely different Congress ater the midterm elections- one focussed on deficit reduction just as the economy slows down as stimulus fades, and local governments cut back.
Michael Bennet in Colorado, Paul Hodes in New Hampshire, both Democratic candidates, are campaigning for austerity cuts to reduce the deficit. Paul Hodes suggested $3 billion in spending cuts that would remove airport, railroad and housing funds. As Democrats shift to deficit reduction and reducing spending, to keep up with shifting public sentiment; Republican candidates are shifting to radical solutions to reduce the deficit, including shutting down some federal agencies. This may result in an entirely different Congress ater the midterm elections- one focussed on deficit reduction just as the economy slows down as stimulus fades, and local governments cut back.
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