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Direct From the Editor / On Topics Vital to the Nation

How China's import cuts importing 8.5 million barrels a day down from 12.5 million and it's large oil reserve will keep oil prices low

07/15/2026

Not covered in the media for Hormuz is the combined response of US, China, India, Japan and the European Union to find alternatives to Hormuz making it less or not relevant to oil prices and oil supplies

07/10/2026

The Constructive Aspects of the situation in July 2026 from the Hormuz Crisis not covered in the Media

06/27/2026

Browse Articles or use Lyrarc's US patented "Groups" and "Links" for new insights. A Lyrarc Group of Articles on a topic gives insights into particular angles shown in the Group Title. A Lyrarc Link shows more specific insights for 2 articles.

All Topics 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.

Opinion | No, Immigrants Aren’t ‘Poisoning the Blood of Our Country’

  
NYTimes.com - 11.14.2023 Original article ›
Paul Krugman
LyrArc Article Gist
The Biden administration is taking steps to address influx of illegal migrants from Guatemala and Nicaragua through Mexico. It is also true that the US with very low unemployment of 3 percent is now facing a labor shortage. A bipartisan hearing on immigration in US Congress showed Republican senior Senator Lindsey Graham saying that the US economy faces a need for workers on its farms, meat packing plants, restaurants from what he hears from businesses in North Carolina. Without this help many farms would close and we would starve, said Graham.

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House Passes GOP Plan to Avert Government Shutdown

2 Groups   
WSJ - 11.14.2023 Original article ›
Katy Stech Ferek
LyrArc Article Gist
In a positive step for the US economy new Speaker Mike Johnson works with Democrats to get a two thirds majority in the House to pass the budget bill 336-95, extending government agency funding to February 2024. A bill for full year spending will come later avoiding shutdown talk and disruptions. Mike Johnson says- "I believe we can fight for principles and still do things simultaneously. When you have a small majority, it requires that some things are going to have to be bipartisan." 

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FDIC Chair, Known for Temper, Ignored Bad Behavior in Workplace

4 Groups   
WSJ - 11.16.2023 Original article ›
Rebecca Ballhaus
LyrArc Article Gist
This WSJ Investigation into workculture and poor treatment of women and minorities shows behaviour has not changed over the years. Some of the internal investigations go back to the time when Sheila Bair was head of the FDIC in 2009. The FDIC plays an important role in regulation of the banking system. It is not attracting younger employees with the workculture. That this has been ignored for so long is over decades is beyond comprehension, that such behaviour could exist as reported in the WSJ is astonishing. 

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The Hidden Hero Fueling Soft-Landing Hopes: A Boost in Supply

  
WSJ - 11.19.2023 Original article ›
Nick Timiraos
LyrArc Article Gist
A boost in supply in 2024 after the pandemic squeezed supply chains is likely to increase the US growth rate by summer to 4.9%. This is not expected to increase inflation which is down to 2.8% by November 2023, because of higher productivity and higher labor participation rate. The labor participation rate has reached a high of 83.5% not reached since 2001. The Fed sees this as a temporary jump in the growth rate that does not induce inflation so that no Fed action is necessary.

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GM’s Self-Driving Car Unit Skids Off Course

  
WSJ - 11.20.2023 Original article ›
Ryan Felton, Meghan Bobrowsky, Mike Colias
LyrArc Article Gist
The story of GM's self driving car Cruise stemming from its acquisition of a startup in California in 2016. It started with GM perceiving a threat from driverless cars and ride hailing firms. After the acquisition GM's share price rallied. Investments came in from Softbank and other companies. The company planned a robo-taxi service to test its cars in American cities. This story covers the accidents as GM pushed for it too early till California pulled out of the program.

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Why Long-Term Care Insurance Falls Short for So Many

  
NYTimes.com - 11.22.2023 Original article ›
Jordan Rau, Jo Nel Aleccia
LyrArc Article Gist
The failure of private long term care insurance in the US and the need for a government subsidized and public program that requires people to carry long term care as in Netherlands and Singapore. Only about 3-4% of people over 51 have long term care insurance, leaving 95% of the population dependent on what Medicare and their savings can provide. The industry is unprofitable making at most $1 billion in one year after losses in three of the last four years when claims for 345,000 persons cost $13 billion.

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Partygate report: key findings of Commons privileges committee

  
The Guardian - 06.15.2023 Original article ›
LyrArc Article Gist
The lack of sincere intent or the capacity  to  deliver on promises for working class families that Boris Johnson made to win a majority in parliament is evident as the focus shifts to a partygate report in parliament. Boris Johnson resigns as MP. These promises remain unfulfilled and now appear as never really serious. It is left to a Labour administration to help tackle the cost of living and other problems for workers and families in Britain and build a better future for the British people.

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NAEP Report Card Reading

  
National Assessment of Educational Progress - 06.21.2023 Original article ›
LyrArc Article Gist
About two thirds of American 4th graders lack Reading Proficiency in English as shown in this report in NAEP. Resources are needed in this work when $346 billon went into investments in new ventures with much capital wasted in 2021. And a negative return of -7% for venture firms in 3rd quarter 2022, as reported in WSJ. The entire capital allocation system is flawed and not doing what it is supposed to do, to invest in America and the potential of its people.

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Trump Prosecutors Struggled Over Motives. Then They Heard the Tape.

  
WSJ - 06.23.2023 Original article ›
Aruna Viswanatha, Sadie Gurman
LyrArc Article Gist
An audio recording of a July 21, 2021 meeting at a Trump golf club in Bedminster, NJ, where Trump and his aides met with people writing an autobiography of Mark Meadows, his former chief of staff, is said to be the turning point that made prosecutors pursue an indictment in this WSJ report. In that recording Mr. Trump is heard showing them a document about a US plan to attack Iran. He did this to dispute a story in the New Yorker, says this report.

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Opinion | Another NAEP Test Score Disappointment

  
WSJ - 06.22.2023 Original article ›
The Editorial Board
LyrArc Article Gist
There is a great loss of learning for children that may never be recovered following the pandemic. Data released recently show that for many years now two thirds of 4th graders are not able to read at the proficiency levels of the National Assessment of Education Progress, NAEP test. This is a period when America has not invested in its children, has not invested in its people. Much of $346 billion going to venture firms in 2021 was wasted. Returns of negative 7% in 3rd quarter 2022 for venture firms.

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Erdoğan boxes clever for Turkish interests as Sweden wins Nato prize

  
The Guardian - 07.11.2023 Original article ›
LyrArc Article Gist
Turkey's Erdogan negotiates with Sweden's PM Ulf Kristersson, setting three conditions for approving Sweden's entry into NATO. The first active anti-terrorist efforts against Kurdish groups in Sweden, the second lifting of a veto on sale of F-16 jets to Turkey by the US, and the third visa free travel for Turks in the European Union. A $6 billion deal with the US covers 40 F-16 jets sale to Turkey and the modernization of another 79 Turkish fighter aircraft.

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How a Vast Demographic Shift Will Reshape the World

  
NYTimes.com - 07.21.2023 Original article ›
Lauren Leatherby
LyrArc Article Gist
NYT provides an extraordinary display of working age population demographic data in graphics for the world and individual countries to 2050. India, Indonesia, Bangladesh, Pakistan, Egypt and African countries are given the opportunity to make progress similar to South Korea, Japan and China over the next 25 years. India with 1.4 billion people and a determined federal government can set the stage for the type of progress that can modernize the country and build a level of infrastructure that compares with the best in Europe, the US and Japan.

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Biden Nominates Adm. Lisa Franchetti to Lead the Navy

  
NYTimes.com - 07.22.2023 Original article ›
John Ismay
LyrArc Article Gist
Admiral Lisa Franchetti becomes the first woman to lead the US Navy in its 247 year history in 2023. She joined the Naval Reserve Officer Training Program at Northwestern University while getting her journalism degree in 1985. He first assignments were only on auxiliary ships because of Navy policy for women. She later commanded 2 aircraft carrier strike groups as Navy policy changed, and then commanded the US Sixth Fleet in the Mediterranean. President Biden chose her for her "extensive operational and policy experience." 

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‘Overcome by emotions’: Colombia react to historic World Cup win over Germany

  
The Guardian - 07.30.2023 Original article ›
LyrArc Article Gist
The Colombian women's soccer team's win 2-1 over Germany in World Cup 2023 shows how much has changed in women's soccer worldwide. WIth only about 30% of the possession the Colombian team dominated the game. The winning goal came in the 89th minute of the game from a stunning header by Manela Vanegas. Colombia led for most of the game. Linda Calcedo scored first for Colombia. The last time Germany lost a game in global games was in 1995 against Sweden. 

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On One Texas River, Four Dam Failures Show Harsh Reality of Aging Infrastructure

  
WSJ - 08.02.2023 Original article ›
Joe Barrett | Photographs By Kaylee Greenlee Beal For The Wall Street Journal
LyrArc Article Gist
The bursting of a dam on the Guadalupe river in Texas shows the problems of aging infrastructure in the US. The Lake Dunlap dam was built in the 1920's to generate electricity for rural homes in the state, and is one of six dams on the Guadalupe river. There are 91,815 dams in the US with an average age of 61 years, according to the US Army Corps of Engineers. It would cost $157 billion to repair and build new dams to replace these aging dams.

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Don’t Trust Dow 25000. The Economic Cycle Is Broken

  
WSJ - 01.05.2018 Original article ›
James Mackintosh
LyrArc Article Gist
The U.S. stock market is in a mini cycle supported by tax cuts or a super long cycle supported by low inflation, says this article in the WSJ. There is little concern of a recession. Some indicators such as strong manufacturing growth suggest the U.S. is in the early stages of the cycle. Other indicators suggest the U.S. stock market in the middle or late stages of a cycle. Investors have some confusing information to sort out. Economic indicators suggest early cycle. The low inflation is a plus.

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Original article 4 minutes, gist 1 minute

Euro’s Sharp Drop Fuels Speculation Over Dollar Parity

12 Groups   
WSJ - 11.18.2016 Original article ›
Mike Bird, Ira Iosebashvili
LyrArc Article Gist
The euro approaches parity with the U.S. dollar by November 2016, with the surge in the dollar following the U.S. presidential election of 2016. The euro closed at $1.058 on Nov 17, 2016. It was down 4% following the election. The euro was down in early 2015. This time it is chiefly down against the dollar. This time both monetary and fiscal policy is expected to diverge with the EU, and inflation expectations are up in the U.S. Analysts expect parity to be reached in 2017. 

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Original article 3 minutes, gist 1 minute

Top Justice Department Official Defends Russia Investigation Amid Republican Criticism

  
WSJ - 12.13.2017 Original article ›
Aruna Viswanatha, Del Quentin Wilber
LyrArc Article Gist
The U.S. Deputy Attorney General, Rod Rosenstein, defends the Mueller investigation into Russian meddling in elections in a Congressional hearing. He says most of the employees at the agency with very few exceptions are honest and trustworthy. He is working with Mueller to ensure that the investigation is not affected by the political affiliations of any of its prosecutors. Rosenstein told Congress that Mueller had acted appropriately to keep politics out of the investigation. Prosecutors found to have political leanings have been removed from the investigation.

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Original article 2 minutes, gist 1 minute

Why Older Couples Must Look Beyond Life Expectancy When Planning for Retirement

4 Groups   
WSJ - 02.05.2019 Original article ›
Benjamin Harris
LyrArc Article Gist
When planning for retirement look at the combined probability of both spouses of living an extra 10, 20, or 30 years after 65 years of age. The combined probability could be 18% of living an extra 30 years says this expert when you look at the combined probability that one or the other spouse would outlive the other and need to depend on retirement savings. Take all these scenarios into account, and working an extra year or two even 6 months can make a difference for a sound retirement, says this expert.

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Original article 3 minutes, gist 1 minute

Bitter EU summit exposes trust deficit among leaders with no end in sight

  
The Guardian - 07.20.2020 Original article ›
Jennifer Rankin
LyrArc Article Gist
France and Germany are standing together on the European Union Recovery Fund with $500 billion in direct nonrepayable aid to needy countries hit by the pandemic. Netherlands is the lone holdout and it is coming under heavy criticism for being "misers", not showing any solidarity. Macron and Merkel walked out together at the end of a late night session. At one point Macron banged his hand on the table saying "sterile blockages" were being made by Netherlands. Italy accused Rutte of the Netherlands of blackmail.

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Original article 6 minutes, gist 1 minute

Catalan parties face coalition talks after socialists fall short of majority

  
The Guardian - 05.13.2024 Original article ›
LyrArc Article Gist
Salvador Illa of the Socialist party, ally of prime minister Pedro Sanchez of Spain, wins 28% of the vote. with 42 seats his party is the largest in Catalan assembly. He will need 68 votes to form a majority government. It opens a new chapter in Catalonia after efforts to form an independent Catalonia by some parties. Socialist party PSC campaigned for amnesty for parties connected to Mr. Puigdemont and for investment in public services to improve the lives of all Catalans within Spain with respect for diversity of opinion.

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Individual Income Tax Payments on Pace to Reach Record Level

  
WSJ - 06.05.2022 Original article ›
Richard Rubin, Amara Omeokwe
LyrArc Article Gist
Individual tax collections in the US have reached $2.6 trillion or 10.6% of the economy, the highest in its 109 year history. The surge is particularly strong in taxes outside paycheck withholding, with higher capital gains and business income tax. Short term capital gains are taxed at 41% up from 24%. Yet the huge increase is still a mystery. Higher inflation, government aid in the economy, and bringing forward income because of expectation of higher tax rates later are other factors cited in this report.

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In-Your-Face Biden Takes on Trump and His Own Doubters

  
NYTimes.com - 03.08.2024 Original article ›
Peter Baker
LyrArc Article Gist
Biden delivers a rousing speech at the State of the Union to the US Congress yesterday. He touches on every aspect on every issue that is important for ease of living, for improving the lives of workers and families, for ordinary Americans, in every state of the Union. NYT says he made his case vigorously and unrelenting throughout the address, leaving no point in doubt on every issue of the action needed and the path to be taken for the American people and for America's leadership in the world.

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At 17, swimmer Summer McIntosh is ready to be a breakout star at Paris Olympics

  
NYTimes.com - 07.14.2024 Original article ›
Lukas Weese
LyrArc Article Gist
NYT shows 17 year old Summer McKintosh of Etobicoke, Ontario, Canada, swimming with the greats such as her idol Ledecky in the 400 metres at Paris Olympics with use of breast, freestyle, back and butterfly strokes. The swimmers routine starts at 4.15 am and no matter how she feels she gets up goes to swim and tries the hardest for two hours 6.30 to 8.30 am then exercise training on land followed by 3-5 pm another two hours in the afternoon. She keeps at it steadily day after day. 

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Google Fails to ‘Wow’ as AI Bills Mount

  
WSJ - 07.24.2024 Original article ›
Dan Gallagher
LyrArc Article Gist
Google is investing a big chunk of its $98 billion stockpile in AI with an uncertain future. It's ad business remains challenged. Ruling on the Justice Department lawsuit for Google's monopolistic behaviors in its ad business is awaited and could still breakup the $250 billion Google ad business. Google is going back to the drawing board on its decision to get out off the despised cookies tracking people on the computer. Its "privacy sandbox" is under criticism and Google is looking for other solutions.

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