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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.


New York Times Original article ›
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Lee Cheuk-yan, chairman of the pro-democracy Labor Party, describes the 17 year old Wong and young people in high schools to a crowd in Hong Kong in this way- these are very young faces, the old men in Hong Kong including many in the elite who dared not to speak up for Hong Kong's cherished traditions and rights out of caution will die, but these young people will carry on. Wong started the group Scholarism as an internet based movement to fight the 2012 "patriotic classes" plan of the Communist Party and Hong Kong Chief Executive Leung Chun-ying. That movement took hold in Hong Kong and the government had to shelve the plan. This time he is fighting for universal suffrage in Hong Kong in 2017 with the right to elect its own leaders without prescreening by the Communist Party. This is in the spirit of the Basic Law, former Hong Kong Governor Chris Patten tells the BBC. Patten helped negotiate the transfer agreement for Hong Kong and handled the transfer in 1997. In August 2014 China changed this intent leading to protest demonstrations. Wong is of Protestant parents who helped stir in him a sense of opposing social injustice. Beyond Hong Kong there is something else at work- a sense that the new leaders in Beijing are choosing the Putin Way that sees these demonstrations as inspired by foreign forces and treating all NGO's as foreign agents. In a larger sense the old leaders are living in a past world of territorial gains and keeping tight grip on power, when the world is now interdependent economically and politically, with change requiring new approaches to problems. The presence of 15 year old high school students and very young generation suggests no such foreign interference, as most of these students are very young....
NYTimes.com Original article ›
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Anton Troianovski presents how things are seen by Russians and in Russia of  the Biden Putin meeting. Mr. Putin says in an NBC interview that he sees president Biden "as a professional who has spent all his life in politics." Putin compared this with Mr. Trump who he thought was relatively unprepared, new to politics by comparison who was unable to deliver on the friendlier policy he had promised, and instead delivered too many impulsive moments in the relationship. This has helped set the relationship of the US with Russia on a "stable and predictable basis." Russian experts say the Russian president was seen badly by the American political class, and not just badly, "insultingly badly" creating a rift at another level. Biden is seen as a member of  the old school in a good sense, one expert says, who as senator visited the US for talks on limiting nuclear weapons in 1979 and in the 1980's, who knows Russia and who has genuine respect for Russia as a country, and sees it possible for adversaries to work together for some overriding interests. Some Russians are are nostalgic for that time when Russia was treated with respect and as an equal. For Biden and America the priorities are for America to achieve the economic rebuilding that is needed, to bring back hope at the time of the losses from the pandemic, the positive message is genuine. One Russian expert says this summit has huge meaning for Russians. It tell them the US has a desire to set a kind of positive agenda. At the time of the worldwide pandemic, and with so much rebuilding to be done, it comes as a fresh breeze for both nations and for Europe, and the rest of the world. Biden has done the right thing for America and for the world. ...
Washington Post Original article ›
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The first rally for Harris in Milwaukee, Wisconsin. The road to the presidency goes through Wisconsin and Harris received enthusiastic support with Governor Tony Evers putting it this way-On the Tony Evers excitement scale that goes from ‘holy mackerel’ and maxes out at ‘heck yes,’ I am jazzed as hell to be welcoming our next presidential nominee to Wisconsin: Vice President Kamala Harris.” Harris used the same lines she used in Wilmington at her first rally in Milwaukee, Wisconsin. In her legal career, Harris said, she “took on perpetrators of all kinds. Predators who abused women, fraudsters who ripped off consumers, cheaters who broke the rules for their own gain.” “So hear me when I say I know Donald Trump’s type”  On project 2025, the blueprint for the first 100 days in office of a Trump second term, the action items are ones that would jeopardize the safety of American institutions that were set up with so much care by Thomas Jefferson, John Adams, and nurtured by the first president George Washington with little attention to himself, and protected by president after president through civil war under Abraham Lincoln, through 2 World Wars and The Great Depression under Woodrow Wilson and Franklin Roosevelt, through recovery under Harry Truman and Ike, only to falter under a series of mediocre presidents Reagan, Clinton, Bush, Obama and be endangered by a NBC television show and construction business person with support from new social media networks that were unknown throughout America history till 2010 and television networks that had degenerated into recklessly divisive behaviours to win silo audiences. ...
WSJ Original article ›
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This and other WSJ, NYT, and other articles say Minnesotan Tim Walz started out as a moderate in a rural Republican leaning district, and shifted to being "liberal" and "progressive" using labels that have by 2024 lost meaning and lost common sense. Tim Walz is accused by the existing culture of being this or that label when he is simply following his instincts about what it means to live in the Age of the Enlightenment that marks all European societies and gave them a head start over Chinese and Indian feudal society during the 19th century Industrial Revolution. When one looks back at the period after Kennedy-Johnson in the sixties, American political economic social and culture has gone through a shift to turn its back on workers and families, turn its back on the "Enlightenment" itself under a culture shift. It happened under administrations both Republican and Democratic over 50 years since 1970. Under a Republican Congressman, and following this a Governor of California, a Texas Congressman and Texas Governor, and under Governors of southern states Georgia and Arkansas, a Congressman from Illinois, and a NBC television show personality. That culture shift has become so instilled at this point that labels such as progressive and liberal are attached in ways that make no sense, lack common sense. Do school meals have anything to do with politics, do you prefer poor family kids going hungry, is that your cultural thing? Is supporting college education for the depressed income groups have anything to so with politics? Only when one rejects the "Enlightenment" that accompanies the Industrial Revolution in Britain in the 19th century, the idea of modernity ushered in by the rejection of feudalism by the French Revolution,  would one reject the idea of giving access to education and through it to a better life for workers and families to all parts of society. ...
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Washington Post Original article ›
LyrArc Article Gist
Kessler and Lee do the fact check in the Washington Post on Hillary Clinton's comment in the third Democratic U.S. presidential debate in Dec. 2015. Clinton says "Donald Trump is becoming ISIS's best recruiter. They are going to people showing videos of Donald Trump insulting Islam and Muslims in order to recruit more radical jihadists." This was an effort by Clinton to distinguish her approach to terrorism from that of Trump. Kessler and Lee say Clinton referred to videos of ISIS that so far cannot be found. The closest to this is an NBC news report citing Rita Katz of the SITE Intelligence Group monitoring Islamic terrorist groups that Trump's comment on barring entry of Muslims to the U.S. could be used as a recruiting tool. The Clinton campign says Hillary was referring to this.
Wall Street Journal Original article ›
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House rules of order from the U.S. House of Representatives would have as presiding officer at the Republican National Convention, Speaker Paul Ryan. Efforts to change this were pushed back at a RNC meeting in Florida. Trump's representatives Manafort and Ben Carson attempted to repair damaged relations between the Republican National Committee, its chairman Vince Preibus, and Trump, at that meeting. The Manafort argument was that Trump's flaws were of personality not character, which would be easier to fix than that facing Hillary Clinton, yet many RNC members were skeptical of this. A April 2016 WSJ/NBC poll shows Hillary Clinton leading Trump 50% to 39%, by 11 points- the surprising finding is that the poll also shows 56% of both candidates support comes from voters anxious to avoid the alternative candidate.
Washington Post Original article ›
LyrArc Article Gist
A big change for the presidential election in 2012 is the lopsided way in which white voters who are struggling with job losses or seeing economic difficulties are alienated from President Obama. By 58% to 32% these voters favor Romney over Obama in a May 2012 Wahington Post-ABC News poll, a 26% margin. Of those struggling financially about 7 in 10 lack a college degree. This is happening even though 31% of these voters in this poll say they are Republicans and 27% Democrats. It is true that Obama could still win in 2008 losing this group 58% to 40%, an 18% losing margin, similiar to Kerry in 2004, and Al Gore in 2000. A wider margin of 26% poses more risks if the unemployment situation and the economy looks weaker by November 2012.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
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MSNBC viewer numbers have declined sharply with daytime viewers falling below 50,000 in certain morning periods. It is shifting to straight news after a period of very liberal slant to news coverage, with Brian Williams providing news coverage.
New York Times Original article ›
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General Electric, GE, experienced a steep decline in the last decade. The worst news came in 2018 with the loss of half its share price and market value. One story tells about an employee who was forced out of retirement back to work seeing the loss of value in GE shares in 2018. Rarely has a company of this size seen a fall in stock price this steep, for a stock that was once seen as safe for widows. About 60% of GE business comes from jet engines, electric power generators and wind turbines. GE now plans to sell its health care business and other business that do not relate to core infrastructure in energy, aerospace, and other markets. Under Jack Welch a faulty model of adding diverse businesses that had nothing to do with its core business and expertise in infrastructure were added. A home mortgage lending business was added and GE Capital expanded. NBC Universal was added with little justification in a period when CEO's acted without much consultation. The home mortgage lending unit collapsed with large losses during the 2008 financial crisis and GE's share price dropped drastically to $6.00. Under Welch's successor Mr. Immelt the GE Capital unit was shrunk in size, but losses continued to mount. An oil field service unit was added which also sustained losses.  Immelt's successor Flannery faced a loss of $15 billion from the financial lending unit. Sale of some businesses was not sufficient to meet the loss. Flannery is now taking GE out of all the businesses which were not core business. The NBC Universal television business was sold to Comcast in 2013. GE Healthcare is next. This closes a bad chapter in GE's story under Welch and Immelt. GE's dividend was cut for the second time since the Great Depression. The story of GE is also the story of American business during the last two decades, with icons such as GM, Ford and GE suffering decline, businesses that operated like little fiefdoms of old nobility in Europe, with CEO's operating in a CEO centric culture, not tolerating contrary opinion for informed debate on issues facing the business. Alfred Sloan founder of Genral Motors called constructive debate central to good management. Later Intel CEO Andy Grove coined the phrase constructive confrontation as a way of constructive debate, and the CEO was shown as the first of equals. The CEO centric management ignored these warnings and admonitions in running their fiefdoms.   ...
New York Times Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
As she runs for president in 2016, Hillary Clinton faces a difficult challenge- to give Democrats a third term in the White House. Presidents elected for a third term such as Truman who followed Franklin Delano Roosevelt, and president George H.W. Bush who followed Ronald Reagan, were helped by the popularity of the president from their party who preceded them. Reagan's popularity rating was 57%, in the month preceding the election of George H.W. Bush, according to Gallop poll. Truman continued the popular policies of FDR, and took a strong foreign policy direction with the help of a capable team led by Marshall and Acheson in responding to the Soviets in the Cold War, before the 1948 election. In that election Truman upset political pundit predictions. He also brought an extraordinary tenacity in the rail tour across the U.S. and on the campaign trail. Hillary Clinton faces the 2016 election with president Obama's popularity rating at 46%, with only 32% saying the country is on the right track, in the WSJ poll. This means Clinton will have to distance herself from Obama to some degree. Other issues include her age 67 years, and the sense that she is somehow from the past in U.S. politics, offset by the experience she now brings. Hillary's popularity rating show 44% having a positive image in a WSJ-NBC poll of March 2015, down from 56% when she gave up her position as Secretary of State in the Obama administration. Her main Republican challenger, Jeb Bush, has only a 23% favorable rating in the same WSJ/NBC poll. Hillary's strategy for 2015 is to avoid large gatherings and try to meet people in small groups in this election campaign, so that she can bring a personal touch and come alive as a candidate relating to the everyday aspirations of working people. Hillary's election will depend on whether she can mount the kind of campaign Truman fought and relate directly to ordinary voters....
The Guardian Original article ›
LyrArc Article Gist
How did Roger Bannister do the 4 minute mile in Oxford 1954. The shoes were heavy, Bannister was on war time rations growing up, he worked during the day, there were mental barrriers says his friend Coe. And on the day Bannister ran it was raining and wind gusts of 25mph made it not certain he would make the run.Bannister puts it this way- "Sport is aobut adapting to the unexpected and being able to modify plans at the last minute. Sport, like all life, is aobut taking your chances." And after it was filmed by the BBC, Bannister was known all over the world, yet as an amateur he did not benefit from it financially, as runners do today. His friend Coe talks to The Guardian about this achievement and the story behind it.

Wall Street Journal Original article ›
New York Times Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
NBC News Original article ›
LyrArc Article Gist
NBC Wellness, under diet and fitness provides these useful tips to protect the back and also to do your yoga stretches routine the right way. Most of the yoga classes with more people lack the one on one interaction in which a yoga instructor can provide these important tips.  The first bring navel to spine, shoulders to ears for right posture. Bringing navel to spine and shoulders to ears was a prescribed method for Zen Buddhism in Japan and China since the period 1200 AD. Dogen of the Eiheiji temple in Japan in the 13th century turned this admonition into a waka poem- My nose is in line with my navel My ears are on the same plane as my shoulders and in this Japanese verse written for the Kamakura court on the meditational mood-  In the heart of the night                   The moon framing                            A small boat drifting                        Not tossed by the waves                Or swayed by the breeze   This engages the abdominals and is also important as a posture for meditation. Relaxing the shoulders reduces neck and upper back tension and enables sitting in meditation for longer periods. Engaging the inner thighs is important for mountain pose and for pose of upward facing dog. This also protects the knees and is good for walking uphill and downhill. It is also done in the bridge pose for strong knees. Navel to spine, shoulders to ears, engage the inner thighs are critical three must do advice for healthy yoga and meditation. Other useful tips are to keep the hips a good distance apart in warrior pose, and in downward dog keep the hands turned slightly outwards rather than aligned all in a straight line pose.   ...
BBC News Original article ›
LyrArc Article Gist
Kamal Ahmwed says in this BBC report that the WTO has belatedly recognized that the losses from world trade for workers in industries that are hurt can be significant, and public sentiment matters especially when there is unfair trade. He visits a small Pennsylvania steel town of 40,000 where the population declined to 7000 after closure of steel mills. This is why the WTO now recognizes that the gains from fee trade are "often uneven," and "may have led to rising inequality." 

Even if the overall gains from free trade are significant as Kamal Ahmed points out the downside and losses are still smaller but significant, and concentrated in certain regions such as the midwestern U.S. or eastern U.S. can lead to public anger that led to the change in administration in the U.S. in 2017.

Wall Street Journal Original article ›
LyrArc Article Gist
Copper futures fell by more than 6% on Sept. 22, 2011. Rio Tinto's shares were down close to 11%. In 2011 shares of BHP, Rio Tinto and Xstrata have dropped by 30-40% from the peak reached on July 7. This is much faster than the fall in metals prices. The Dow Jones-UBS Industrial Metals Index declined by 19% in that period. The decline in mining shares suggest medium term metals prices will drop to the recession levels in the last quarter of 2008 and the first quarter of 2009, according to RBC Capital Markets. This view is not reflected in commodities markets. Iron ore prices are double now compared to prices during the 2008-2009 recession, and copper prices at $3.48 are much higher than the $2.02 average price during the 2008-2009 recession. Goldman Sachs estimates that BRIC's growth would have to decline sharply for this to happen.
Wall Street Journal Original article ›
LyrArc Article Gist
Foreign investors make up only 7% of Russia's domestic bond market compared to 30% for similiarly rated Mexico. Russia is rated BBB by Standard & Poor's. Moody's Investors Services rating is one notch higher. The yield on Russia's 10 year government bond is about 7%, compared to 4.35% for Italy and 1.8% for U.S. Treasurys. Russia's deputy finance minister, Alexei Moiseyev, says he hopes changes will raise the foreign holdings to about 33%. Martin Gilman, a former IMF representative to Russia in 1998, and now a professor at Moscow's Higher School of Economics, says rates will go higher because of appreciation in the ruble and large monetary easing in Europe and the U.S. The situation has changed completely from the 1998 Russian default on debt payments of $160 billion. The IMF estimate is for overall debt to be about 11% of GDP by the end of 2014.

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