World News Insights
1-3 Minute Gist

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.

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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.

Cuomo and Lawmakers Reach Deal on Budget

3 Groups   
New York Times - 03.27.2011 Original article ›
Nicholas Confessore, Nicholas, Confessore, Thomas Kaplan, Thomas, Kaplan
LyrArc Article Gist
Governor Cuomo's 2011 budget for New York includes year-to-year cuts of $2 billion in spending on healthcare and education. Overall the cuts would reduce year-to-year spending by 2%. For Medicaid and education Cuomo made a deal for a two year appropriation locking in fixed rates of growth, so that budget battles with teachers unions and other interests do not have to be repeated next year.
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The Republican Case for Compromise Over the Debt Ceiling

4 Groups   
New York Times - 07.13.2011 Original article ›
Al Hoffman Jr., Al, Hoffman, Jr.

The Economy’s Hidden Problem: We’re Out of Big Ideas

19 Groups   
WSJ - 12.06.2016 Original article ›
Greg Ip

China’s new foreign team will reflect rising tensions with U.S., Japan - The Washington Post

3 Groups   
Washington Post - 03.16.2013 Original article ›
William Wan, William, Wan

Martin Feldstein: Romney's Tax Plan Can Raise Revenue

1 Links 13 Groups   
Wall Street Journal - 08.28.2012 Original article ›
Martin Feldstein, Martin, Feldstein
LyrArc Article Gist
Feldstein, adviser to the Romney campaign, refutes the assertion based on computer models that the Romney Tax Plan of a 20% across the board cut in taxes cannot be paid for by limiting the deductions of high income tax earners. His own analysis based on IRS data, shows taxpayers with adjusted gross incomes of over $100,000 made itemized deductions of $636 billion in 2009. By taxing these deductions at a 30% marginal rate, additional revenue of $191 billion can be raised to pay for the Romney Tax Plan's static revenue loss of $181 billion. A smaller revenue loss of $148 billion is predicted based on increased incomes and taxes from the behavioural effects of lower taxes on earners. He says this was the thinking behind the Reagan tax cuts of 1986 and the Simpson-Bowles commission plan that would generate economic growth by reforming the tax system's distortions.
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Trump backs Keystone XL and Dakota Access pipelines - BBC News

10 Groups   
BBC News - 01.24.2017 Original article ›

Flextronics CEO Sees Hope for U.S. Tech Production

17 Groups   
Wall Street Journal - 01.05.2013 Original article ›
James R. Hagerty, James, R., Hagerty
LyrArc Article Gist
Mike McNamara, CEO of Flextronics, on the increasing competitiveness of U.S. manufacturing and the return of manufacturing jobs to the U.S.
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Wary detente between China and America: Another go at being friends

2 Groups   
Economist - 01.15.2011 Original article ›
Economist.Com

Romney Adopts Obama's Slogan of 2008 and Promises 'Big Change'

5 Groups   
New York Times - 10.25.2012 Original article ›
Michael Barbaro, Michael, Barbaro

Chris Christie: The conservative crush

4 Groups   
Economist - 01.08.2011 Original article ›
Economist.Com

Livin’ Bernie Sanders’s Danish Dream

4 Groups   
New York Times - 02.12.2016 Original article ›
David Brooks, David, Brooks

The Wonk Gap

4 Groups   
New York Times - 09.08.2013 Original article ›
Paul Krugman, Paul, Krugman

Pentagon Seeks Biggest Military Cuts Since Before 9/11

1 Groups   
New York Times - 01.06.2011 Original article ›
Thom Shanker, Thom, Shanker, Christopher Drew, Christopher, Drew

Pentagon Mostly Gets a Pass From Deficit Hawks

1 Groups   
Wall Street Journal - 10.22.2010 Original article ›
Nathan Hodge, Nathan, Hodge

Panetta Faces Big Budget Challenges

4 Groups   
Wall Street Journal - 04.29.2011 Original article ›
Julian E. Barnes, Julian, E., Barnes, Nathan Hodge, Nathan, Hodge

Deal Fails to Satisfy Liberal Democrats

7 Groups   
Wall Street Journal - 01.02.2013 Original article ›
Sara Murray, Sara, Murray
LyrArc Article Gist
Liberal groups feel president Obama has lost the leverage he had after the McConnell-Biden fiscal cliff deal of Jan. 1, 2013, saying this only sets the stage for talk of spending cuts.
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Chinese foreign policy: Discord

5 Groups   
Economist - 01.15.2011 Original article ›
Economist.Com
LyrArc Article Gist
China's perception of the US as a declining power is a miscalculation, yet it appears to influence Chinese policy in 2010-2011.
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Original article 4 minutes, gist 1 minute

Chinese Trade Surplus Rose Sharply in April

9 Groups   
Wall Street Journal - 05.10.2012 Original article ›
Aaron Back, Aaron, Back
LyrArc Article Gist
China's trade surplus increased to $18.4 billion in April from $5.4 billion in March. Exports were up 4.9%, slower than expected and down from 8.9% in March. But imports went up by only 0.3%, much lower than March's 5.3% increase. The hopes for improving the trade balance in recent months may be dashed because of slowing imports for infrastructure development, as economic growth slows in China, even as export growth declines from its earlier high levels.
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Super Committee Choices

4 Groups   
Wall Street Journal - 08.11.2011 Original article ›
Wsj Online, Wsj, Online

Families Feel Sharp Edge of State Budget Cuts

5 Groups   
New York Times - 09.06.2011 Original article ›
Monica Davey, Monica, Davey

U.K. Unveils Severe 'Unavoidable Budget'

4 Groups   
Wall Street Journal - 06.23.2010 Original article ›
Alistair Macdonald, Alistair, Macdonald
LyrArc Article Gist
The move by George Osborne, and the new British government, to eliminate a structural deficit by 2015- the difference between what the government takes in and its spending which is increasing- with large spending cuts and new taxes, was announced with the new budget. It will in total by 2015 amount to about 8% of GDP, and is the largest effort to reverse increases in public spending since the days of Margaret Thatcher. After a decade of Labor governments public spending now adds up to about 50% of the economy. About 77% of the effort to cut the deficit comes from spending cuts, the rest from taxes.
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Reforming the state: Radical Britain

4 Groups   
Economist - 08.14.2010 Original article ›
Economist.Com
LyrArc Article Gist
The Cameron and Tory plan to cut the deficit quickly is a gamble, especially if fiscal cuts choke off growth. Cuts could have been made in the NHS which would have put less stress elsewhere. The huge budget deficit, at 11% of GDP, says the Economist, left Mr Cameron and his Liberal allies with few options. By generating three quarters of the savings through spending cuts, by cutting most government department budgets by 25%, Britain has taken a radical course. Chancellor of the Exchequer Osborne's focus is on slimming the government, and Cameron's closest adviser Hilton is looking at decentralizing government. A course certainly not expected from Mr Cameron's coalition with Mr Clegg's Liberals, and not in the first 100 days. Now it remains to be seen when Spain, and America look to Britain for ideas, says the Economist in this editorial.
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Original article 5 minutes, gist 1 minute

That's more like it

2 Links 2 Groups   
Economist - 10.08.2009 Original article ›
Economist.Com
LyrArc Article Gist
The step that Osborne took to lay out Britain's Conservative party's plan to tackle Britain's awful deficit of $280 billion, and making this journey through the bleak landscape ahead is forbidding but enormously useful, says the Economist. Everyone shares the burden equally and the Conservatives will keep the 50% tax on higher incomes, raise the age for pensions, freeze public sector pay in 2011, take away middle class tax breaks.
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Original article 5 minutes, gist 1 minute

You've never had it so bad

2 Groups   
Economist - 10.08.2009 Original article ›
Economist.Com

Ryan pick presents new challenges for Biden - The Washington Post

1 Links 8 Groups   
Washington Post - 08.16.2012 Original article ›
Peter Wallsten, Peter, Wallsten, David Nakamura, David, Nakamura

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