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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.


BBC News Original article ›
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Questions and Answers about Islamic State on the BBC website give a short and simple look at Islamic State or ISIS in Syria and Iraq, its origins and how it developed upto the Iraqi government's efforts to retake Mosul in northern Iraq in Dec. 2016.

New York Times Original article ›
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Plans of the incoming administration of president Lopez Obrador to increase renewable energy from wind, solar and other sources, in Mexico. Mexico's potential is for 8 times the current levels for wind energy and 75 times current levels for solar. Solar energy has not received much attention as Mexico increased reliance on coal and oil for energy. Mexico's supply of renewable energy is only 25% of total installed power capacity compared to 50% for other countries in Latin America.

The Obrador administration plans to cut Mexico's emissions by 6.8% a year. Solar energy in particular has high potential in Mexico.

Original article ›
LyrArc Article Gist
Working America, an arm of the U.S. trade union the AFL-CIO, conducted conversations with 350,000 voters in 17 U.S. states. Here a representative of Working America, says the overwhelming response to the question "does it make a difference whether Democrats or Republicans are in power for my well being," is reflected in one of the responses- "does it even matter?"

The suggested approach here is for Democrats in particular who have represented working class voters in the past, to start with a fresh approach by creating new conversations with working class Americans.

Original article ›
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After months of uncertainty and waiting for concessions, offering temporary exemptions, the Trump administration announced tariffs will go into effect on steel and aluminium imported from the European Union, Canada and Mexico. A tariff of 10% on aluminium and 25% on steel goes into effect on May 31st, 2018. The tariffs affect about half of the imports of steel and aluminium into the U.S. and are intended to keep promises to protect American industry made by president Trump during his election campaign.

Mexico and the European Union are imposing retaliatory tariffs. The European Union will impose tariffs on $3 billion of American goods in retaliation. 

WSJ Original article ›
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Federal prosecutors are working on a criminal investigation of China's Huawei Technologies Co. for allegedly stealing trade secrets from U.S. business partners. Huawei is the world's second largest maker of smartphones and the largest maker of telecom equipment in the world. One investigation looks at technology used by T-mobile to test smartphones. The Trump administration is aggressively following up on cases of technology transfer by Chinese companies and intellectual property theft.

Another investigation involves technology trade secrets of Micron Technology Inc. The U.S. Justice Department is taking up previous civil lawsuits related to technology theft and bringing up criminal cases.

BBC News Original article ›
LyrArc Article Gist
What is the one thing experts say is most beneficial for health? Improving our minds by building self-awareness. Understanding your feelings, motivations and behaviours in more depth, enables us to make better choices. To do this try journaling, meditating, practicing mindfulness or simply making time for self-reflection at the end of the day.

In doing this also pay attention to diversity in eating plant based foods for as many as 30 plant based foods, incorporating different exercize routines that get you motivated and happy, and get a good seven or eight hours of sleep, say these experts in health and nutrition.

WSJ Original article ›
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Patti Pope, CEO of Consumers Energy, a Michigan power company serving 7 million consumers, is moving to greener sources for energy. Consumers Energy retired 7 coal fired power plants and is shifting to solar farms, wind farms for energy, smart thermostats and meters, new infrastructure, taking advantage of the lower costs of renewable energy.

It plans to invest $25 billion over the next 10 years, including to add 6 gigawatts of solar power requiring 59 square miles of solar panels in its service area. Included are plans to help customers to produce and manage their own power as more users install solar panels in homes.

WSJ Original article ›
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Mexico's GDP decreased slightly in each of the 4 quarters in 2019. GDP growth was 2.1% in 2018. Cancellation of some infrastructure projects and policy changes lead to lower private and public investment and decline in industrial production of 1.8% for 2019.  Foreign investment held steady at $33 billion and the passage of the new North American trade agreement signed by president Trump is expected to lead to better growth in 2020.

Under Mr. Obrador revision of energy contracts, and cancellation of some projects due to budget constraints, led to decline in public and private investment of 5.1% through November 2019. 

WSJ Original article ›
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Scientists say the drought in the western region of the US is the worst in hundreds of years. At Lake Mead the reservoir is only 28% full. The other reservoirs on the Colorado river are in similar shape. Lake Mead is a reservoir from the Hoover Dam on the Colorado River and stretches for 120 miles in the states of Arizona and Nevada. It is the largest reservoir in the US and the water depletion in this and other reservoirs all the way into Oregon is affecting agriculture in the western US and the access to water for cities in the region. 

NYTimes.com Original article ›
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Mohamed Bin Zayed was educated at the Royal Military Academy at Sandhurst in the UK and graduated in 1979. He is a strong proponent of US leadership in the Gulf region and Asia. He is now the third president of the United Arab Emirates with which India has significant trade and economic relations with 8 million Indians living in the Gulf region. Of the approximately 10.1 million people in UAE about 1.1 million are citizens and the rest are foreign workers. Mr. Modi has thanked Mr. Zayed for the good treatment given to Indians in the Gulf region by Zayed and his administration. 

The Hindu Original article ›
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The Rupee is moving close to 80 to the US dollar with increase in interest rates by the US Federal Reserve. The IMF expects the Rupee to go past 94 to the dollar in 2029. India's Reserve Bank is interested in carefully managing the steady decline so that business decisions can be made with some measure of stability. The weaker rupee will help increase exports at a time when India's is raising its logistics capabilities and creating the capabilities on the ground that will give India a key role in the new supply chain the US and the EU are building in Asia.

The Times Original article ›
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The original Times story on Richard Sharp, the BBC chairman, led to his resignation. It said the BBC chairman was appointed to the role by Boris Johnson in an improper manner contrary to the guidelines that require no conflict of interest in the making of the appointment. A sense that even an institution such as the BBC, with its increasing importance today as Britain, the European Union and the US make decisions on what sort of society to create for the future that best serves the interests of the people, is being upset in this important role by political meddling. 

NYTimes.com Original article ›
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Zelensky is going to Hiroshima to make his own case for support directly to all G7 leaders. The fact that G7 leaders are meeting in Japan also has significance as Japan unlike Europe with NATO faces Russian presence in its northern islands and China in the South China Sea and around Taiwan, North Korea, with only the American defense agreement in any conflict. Japan, Australia and India would want to see a clear end to the conflict in Eastern Europe that also sends a message that the status quo will be preserved on Taiwan and other issues in Asia. 

The Hindu Original article ›
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The Quad meeting of the US, Australia, Japan and India took place in Hiroshima, as shown here. The leaders expressed their deep concern over the economic effects of the Ukraine war, including "food, fuel and energy security, critical supply chains. The meeting was to take place in Sydney, Australia, but was cancelled due to debt talks taking place between Biden and Republicans in the US Congress. The next Quad meeting is in India in 2024. Biden will meet pm Modi in the US June 22. PM Modi also meets Macron on Bastille Day in Paris on 14 July as a special guest of France.

France 24 Original article ›
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Biden says at Hiroshima G7 Question time with media organizations, that a thaw in relations with China will happen soon. Responding to a question about communications in a crisis he said he and Xi had agree that this would be done and then Biden says there is "this silly balloon" with intelligence equipment that passed over the US that delayed this decision being implemented. He says the US and its European allies are restricting high tech equipment from being exported to China not because it is a hostile act but we just want to maintain the status quo.

WSJ Original article ›
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With a divided Congress the US will not be able to implement the minimum tax negotiated by the Biden administration with other countries. Now the global minimum tax is moving ahead. The OECD spelled out how the minimum tax implemented in the European Union, UK and South Korea will interact with the US tax system. Under the minimum tax system negotiated by Janet Yellen of the US nations agreed to adopt the 15% tax on their home country companies. France for example would require a French company to pay at least 15% on its operations in the UK, US, or anywhere else.

The Guardian Original article ›
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The Ukraine war is heading in the direction of a wider war, says Antonio Guterres, secretary general of the United Nations. "I fear that the world is not sleepwalking into a wider war, it is doing so with its eyes wide open." On the lack of strategic vision and near term thinking focused on gaining that slight advantage in the near term, and the actions of global finance, he said it was deeply irresponsible and immoral. He says a "radical transformation" is needed, as without it one side will pile up wealth and the other left on the wayside with crumbs. 

mint Original article ›
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The vehicle scrapping policy gets more financing in the 2023 Indian budget. This will have the effect of increasing car sales and jobs as newer cars, buses and other vehicles are put on the road. By increasing electric vehicles it is a fight for climate change prevention. The simple act of removing fossil fuel guzzling older vehicles with newer fuel efficient vehicles cuts oil use and cuts oil import costs. Doing this on scale is what will help in the fight for climate change. In just one move India will remove about 1 million buses, trucks and transport vehicles used by federal and state governments by April 1, 2023.

NYTimes.com Original article ›
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One of the goals of the Northern Ireland deal is closer relations between the EU and Britain putting to rest the tensions from Brexit. The EU sees Sunak as a good faith negotiator and made concessions on the application of EU laws for Northern Ireland. In Britain 60% of people now say in opinion surveys that they see the 2016 vote to leave the European Union as a mistake. A genuine relationship with the EU will happen only after a change in power from the Conservatives to the Labour party in the January 2025 election, says Mark Landler in the NYT.

The Guardian Original article ›
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Shockingly Silicon Valley Banks spends half a million dollars on lobbying and this works to avoid government regulation. The bank with $209 billion in assets collapsed this week leaving depositors at risk. This report in The Guardian says this bank did not have a chief risk officer in the months leading to its collapse and more than 90% of its deposits were not insured. The lobbying worked and the bank avoided regulation. By 2015 the CEO hired a former Obama administration Treasury Department official for its board, and by 2019 the CEO was placed on the board of the Federal Reserve Bank of California. 

NYTimes.com Original article ›
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The $1.2 billion that was approved in a ballot measure called HHH is just not enough to tackle the homeless problems in Los Angeles. That was supposed to build 10,000 apartments for the homeless. But every year the numbers of homeless living on the street keep growing from 21,000, in 2016 to 28,000 in 2022. Only about 3400 apartments were built for the homeless at costs approaching $500,000 a homeless unit. Communities such as Venice where one of the projects were being built on a parking lot show resistance and projects go thorough a time consuming process of getting approvals and permits, getting the land.

The Hindu Original article ›
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The redevelopment of the classic Egmore railway station in Chennai at a cost of 734 crores is set to take off. It is a much needed renovation for Chennai and will take 36 months and bring it to international standards under PM Gati Shakti Master Plan for Inter Modal Connectivity. Egmore station handles 1.2 million people daily and is one of the oldest rail stations in India, and one that connects the south with Sri Lanka. Hyderabad based DEC is beginning the initial survey and plans to make this a showcase for other rail stations in India in the drive to modernization.

WSJ Original article ›
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The US central bank, the Fed, signals smaller rate increases in the future after another rate increase of 0.75% in November 2022. "It is very premature to be thinking of pausing. We have a ways to go," says Fed chairman Jerome Powell. He added that - "the question of when to moderate the pace of rate  increases is now less important than the question of how high to raise interest rates and how long to keep monetary policy restrictive." The move raises rates in the US to between 3.75% and 4.0%. Rates could go up to 5% in 2023.

WSJ Original article ›
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The global economic map is rapidly redrawing bringing US and Europe closer. The US has imported more goods from Europe this year than from China. In September alone says WSJ Germany exported 50% more goods to the US year over year with the weaker euro increasing the momentum. European FDI foreign direct investment in the US increased by 13.5% in 2021 to $3.2 trillion. US FDI to Europe increased by 10% to $4 trillion. There is a push on both sides of the Atlantic to increase local manufacturing, and to increase trade, and shift supply chains away from the overdependence on China.  

The Hindu Original article ›
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Trade Agreement talks will begin in December between India and Sri Lanka as Sri Lanka looks for ways to bring back growth following a 9.2% contraction in the economy in 2022 and estimated 4.2% in 2023. Mr. Weerasinghe at the International Trade Office setup under the presidential secretariat will represent Sri Lanka. Engaging in trade with India and China and regional countries is part of the plan to restore growth. Sri Lanka's exports to India were about $980 million in 2021 and imports $4.74 billion. This time Weerasinghe says we must avoid taking rigid inflexible positions and strive for a win-win for both sides.


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