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1-3 Minute Gist

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.

Shares Rise on Wall Street and in Europe

3 Groups   
New York Times - 06.06.2012 Original article ›
Christine Hauser, Christine, Hauser
LyrArc Article Gist
There is increasing support in the ECB's governing council for an interest rate cut. ECB president Mario Draghi says 23 members support a cut, and adds "we stand ready to act." Rates were held steady to put pressure on European political leaders for more action. IHS Global Insight's chief European economist, Howard Archer, expects a 0.75% cut the next time the ECB meets in July 2012.
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Keir Starmer unveils green growth plan to counter Liz Truss’s tax cuts

  
The Guardian - 09.24.2022 Original article ›
LyrArc Article Gist
Labour's Keir Starmer wants to make Britain the first nation to have a zero emissions power system. His plan put forward in September 2022 would double onshore wind, triple solar energy, and quadruple offshore energy production by 2030. It would create half a million jobs, reindustrialize Britain and cut electricity bills by hundreds of pounds, says this report in The Guardian.This is Labour's answer to the Tories faltering energy plans. The Breakthrough report on achieving COP26 goals of the IEA and IRENA, international renewable energy agencies, shows the opportunity to create 85 million additional jobs by 2030, compared to 2019. Many world leaders including president Biden and Starmer, Germany's Habeck, and India's Modi are setting aggressive goals for renewable energy.

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In Russia, Some of the World’s Biggest Polluters Are Going Green

  
WSJ - 06.25.2021 Original article ›
Thomas Grove, Georgi Kantchev
LyrArc Article Gist
New regulations from the European Union and an order from president Putin asking industry to cut emissions to below EU levels by 2050 are pushing companies to reduce emissions. Russian companies are pushing to be greener. Russia emitted 11.3 tons of carbon dioxide per capita in 2017, compared to 7 tons for the European Union, according to Oxford University. An EU plan that could come into effect in 2023 could affect 40% of Russian exports because of emissions, costing $5 billion, according to the Russian central bank. Companies in steel, aluminum, petrochemicals, are investing in new plants that reduce emissions or are carbon neutral.

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Original article 6 minutes, gist 1 minute

France unveils plans for avoiding winter power cuts due to Ukraine war

  
France 24 - 10.08.2022 Original article ›
LyrArc Article Gist
French plans to cut energy use by 10% from 2019 levels in 2 year are announced by prime minister Elisabeth Borne. The target is 40% reduction in energy use by 2050. The key is to make energy use more efficient says president Macron. The efforts include turning down thermostats in buildings to 66 degrees Fahrenheit. Households are asked to start heating 2 weeks later than usual and end heating 2 weeks earlier than usual this winter. Civil servants will get about 3 euros a day for working from home. Remote work for some days a week is encouraged and carpooling is expected.

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Biden Signs Climate, Health Bill Into Law as Other Economic Goals Remain

1 Groups   
NYTimes.com - 08.18.2022 Original article ›
Jim Tankersley
LyrArc Article Gist
As president Biden signs the biggest Climate Bill in history Jim Tankersley says there is still more to be done. In addition to the work remaining for children, women and families, he mentions the Civilian Climate Corps with financing for $10 billion that is patterned on the Civilian Conservation Corps set up during the Depression by FDR, which is still to be passed. This would form "the next generation of conservation and resilience workers," says Biden. Much like the 3 million people who helped build parks, cut trails and planted trees around the US in the 1930's and 1940's under FDR.

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The Global Economy Looks Like It’s Out of Sync

  
WSJ - 06.16.2023 Original article ›
James Mackintosh
LyrArc Article Gist
The dollar remains the dominant force in capital markets. It is strengthening after US central bank raised interest rates 8 times in 2021-2022 to about 5.25%. China is cutting interest rates as its economy with debt at about 290% of GDP is slowing, the EU increasing rates as it faces inflation fueled by price increases and some price gouging. In the US inflation is cut in half by Fed policy to 4% in May 2023, Biden's policies to help with the cost of living and restrain price gouging, and by supply chains working better than in 2021. The US looks the strongest of the lot.

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Russia Set to Overtake Saudi Arabia in Battle for China’s Oil Market

  
WSJ - 06.27.2023 Original article ›
Summer Said, Benoit Faucon
LyrArc Article Gist
Saudi Arabia's efforts to push oil prices higher have fallen flat with deep discounted oil sales by Russia to China. Russia has overtaken the Saudis as the largest supplier of oil to China. Saudi supplies to China have fallen to 14% of imports, while Russia's supplies to China have increased to 14%. China is building up inventory as a reserve capacity. Saudis cut production last month to push prices higher but prices haven't budged and stayed at about $75 a barrel. Russia is discounting by $26 a barrel and offsets the extra $6 it costs to ship Russian oil. 

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One year of Javier Milei: Chainsaws and controlled inflation in Argentina

  
Le Monde.fr - 12.31.2024 Original article ›
LyrArc Article Gist
A year after taking office Argentine president Milei cuts spending by 30% bringing inflation down from 25% to 2.4% in November 2024. All sorts of programs are cut that had proliferated over the years. The resut is that the economy shrinks by 3.5% in 2024, only to grow rapidly by 5% in 2025 restoring a more stable pattern of growth and moderate inflation. Throughout it's history Argentina has faced high inflation and economic crises.A similar pattern in Brazil was broken in 1998 after two decades of inflation. It reached 56% in January 1990 dropping to about 2% in 1998.

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Original article 1 minute, gist 1 minute

GM Aims to Cut $11 Billion by 2010

  
Wall Street Journal - 01.14.2006 Original article ›
Lee Hawkins Jr., Lee, Hawkins, Jr.

Poorer Nations Reject a Target on Emission Cut

  
New York Times - 07.09.2009 Original article ›
Peter Baker, Peter, Baker

Japan’s Next Premier Vows to Cut Emissions Sharply

2 Groups   
New York Times - 09.08.2009 Original article ›
Hiroko Tabuchi, Hiroko, Tabuchi

Lilly Set to Cut Jobs as Patents Expire

  
Wall Street Journal - 09.15.2009 Original article ›
Peter Loftus, Peter, Loftus

Hon Hai Seeks Alliances, Expansion to Cut Costs

1 Groups   
Wall Street Journal - 06.09.2011 Original article ›
Lorraine Luk, Lorraine, Luk

Nissan Aims to Cut Exports as Yen Strengthens

1 Groups   
Wall Street Journal - 08.08.2011 Original article ›
Yoshio Takahashi, Yoshio, Takahashi

Rating Cut in Vietnam Spurs Fears Over Banks

4 Groups   
Wall Street Journal - 09.29.2012 Original article ›
Natasha Brereton Fukui, Natasha, Brereton Fukui

Société Générale to Cut 100 Workers in Asia

2 Groups   
Wall Street Journal - 01.13.2012 Original article ›
Nisha Gopalan, Nisha, Gopalan

Military Retirees Resist Push to Cut Health Costs

1 Groups   
Wall Street Journal - 12.03.2010 Original article ›
Nathan Hodge, Nathan, Hodge

Tax Cut for Businesses May Cost States Money

1 Groups   
New York Times - 03.01.2011 Original article ›
Michael Cooper, Michael, Cooper

Health Care’s Obstacle: No Will to Cut

  
New York Times - 03.09.2010 Original article ›
David Leonhardt, David, Leonhardt

Chevron to Cut 20% Of Refining-Arm Jobs

  
Wall Street Journal - 03.10.2010 Original article ›
Isabel Ordonez, Isabel, Ordonez

Jaguar XJ: The Hottest Cat on the Road

2 Groups   
Wall Street Journal - 05.01.2010 Original article ›
Dan Neil, Dan, Neil

Can Jerry Brown Cut California Down to Size?

4 Groups   
BusinessWeek - 06.02.2010 Original article ›
Christopher Palmeri, Christopher, Palmeri, Michael Marois, Michael, Marois

Stimulus Talk Yields to Calls to Cut Deficits

  
New York Times - 06.08.2010 Original article ›
David E. Sanger, David, E., Sanger, Sewell Chan, Sewell, Chan

Amazon and Barnes & Noble Cut E-Reader Prices

  
New York Times - 06.21.2010 Original article ›
Brad Stone, Brad, Stone

Recovery of Local Ad Sales Lift CBS Results

  
New York Times - 08.03.2010 Original article ›
Brian Stelter, Brian, Stelter

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