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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.


New York Times Original article ›
LyrArc Article Gist
The Pirate Party was founded in Sweden by software enrepreneur Rick Falkvinge in 2006, with the idea of changing copyright and patent law and protecting online privacy. The Pirate Party has gained support in Germany. It won 10% of the vote in recent Berlin elections and is expected to do the same in the state of North Rhine-Westphalia in April 2012.
Wall Street Journal Original article ›
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The Case-Shiller quarterly U.S. housing price index for the 1st quarter of 2012, shows annual declines in housing prices for 13 of 20 cities. The national numbers for all metro areas in the U.S. showed a 1.9% decrease on an annual basis from the prior year, and decline by 2% for the 1st quarter of 2012 compared to the prior quarter.
Wall Street Journal Original article ›
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Risks taken on by U.S. banks in large share buy-backs and dividends in 2011. Wells Fargo received Fed authorization for share buyback of $6.4 billion, and J.P. Morgan Chase for share buyback of $8 billion. In 2005 and 2006, 24 banks in the KBW Bank Index did share buybacks of $70 billion, only to have insufficient capital in the 2008 crisis.
Washington Post Original article ›
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A Washington Post-ABC News survey conducted in mid April 2011, shows 49 percent of respondents saying they disapprove of Obama's handling of the war- only 44% said they approved. Of self-identified independents 53% said they disapproved of Obama's handling of the war. A survey conducted in March 2011 showed about two thirds of Americans think the war is not worth fighting,
New York Times Original article ›
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The rate rigging for foreign exchange rates by major banks leads to a legal settlement in Nov. 2014. The Financial Conduct Authority of Britain fines major banks 1.1 billion pounds. CFTC of the U.S. fined the banks $1.4 billion, the Office of the Comptroller of the Currency imposed a fine of $950 million, and Swiss regulators a fine of $138 million.
Washington Post Original article ›
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The Obama U.S. budget proposal for 2015 includes $70 billion for highway construction to be paid for with taxes on the overseas earnings of major corporations. It also includes $76 billion for early childhood education financed by higher taxes on tobacco. The budget proposal is more of a Democratic party wish list and will be followed by a House Republican budget for 2015.
Wall Street Journal Original article ›
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GM's handling of the recall for 114,000 Chevrolet Tavera sports utility vehicles in India in July 2013. 10 employees including GM's vice president for global engine engineering were fired by CEO Dan Akerson because of misleading Indian government officials about the result of emissions tests on the Tavera. The Tavera is a $15,000 sports utility vehicle designed for the Indian market.
New York Times Original article ›
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France's Le Monde newspaper reports that the U.S. NSA agency collected 70 million digital communications under codenames "Drtwater" and "Whitewater" during December to January 2013. Communications of Brazilian president Rousseff were intercepted according to other reports about the spying by NSA. This has affected U.S.-Brazil relations. The NSA spying has also included the European Union delegation to the UN, drawing German protests.
Wall Street Journal Original article ›
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In a major turnaround yields on the 10 year bonds of Italy and Spain declined significantly on Nov. 29, 2012 to 4.55% for Italy and 5.32% for Spain. Risks remain especially if Spain needs a bailout from the EU in early 2013, or Spanish yields rise with an increase in the bonds issued to 125 billion euros for 2013, say analysts.
Wall Street Journal Original article ›
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The Christian Democrats coalition with the Free Democrats fails to win in the German state of Lower Saxony by one seat in a close election. The CDU won 36% of the vote, the FDP 9.9%, the SPD 32.6%, the Greens 13.6%. Merkel's CDU and the CSU is showing 40% support nationally, the SPD 23%. The next election is in Berlin.
Wall Street Journal Original article ›
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IPO of Rail America closed at $13,75 cents a share on the NYSE, down 8% from its initial public offering price of $15. A total of 22 million shares were sold at a price below its $16-$18 range. Like other such companies bought out by private equity firms Rail America has aheavy debt load of $714 million, or 60% of its capitalization.
Wall Street Journal Original article ›
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Lower oil prices are reflected in the lower foreign trade numbers for the U.S., but something else is happening in the way foreign trade is declining globally. Citigroup Economist Wieting estimates that the drop in exports in October if sustained across the quarter would have taken 2.2 points from GDP, a bigger hit than declining consumer spending that makes up 70% of GDP.
Wall Street Journal Original article ›
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The failure of mega deals like the purchase of Warner Lambert and Pharmacia by Pfizer for $178 billion to do much in the long run. Pfizer's share price has fallen 70% in a decade and its market capitalization is $95 billion. J&J and Abbott have made smaller acquisitions and J&J's acquisitions have generated stable revenues with branded health-care products.
Wall Street Journal Original article ›
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Blinder has analyzed occupation by occupation, which ones are most likely to be offshored and in what numbers. See the chart in the WSJ piece for the occupations that may be hit hardest, and which make up this 40 million that he sees being shifted to India and other places. See the Foreign Affairs piece in 2006- "Offshoring: The Next Industrial Revolution."
Wall Street Journal Original article ›
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A $37 billion deal over 15-20 years for Australian LNG between Woodside Energy, Royal Dutch Shell and PetroChina, China's biggest oil and gas company. The is shows a shift to natural gas in the urban coastline areas of China such as Shenzen and Shanghai, a shift away from the dirter but cheaper coal based fuels as urban incomes rise and preferences change.
New York Times Original article ›
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The top fifth of earners in New York City earned 53% and the bottome fifth 3%. The proportion of New York City residents below the poverty line declined to 18,5% from 19.2% in year ended July 1, 2006. The proportion of poor children down to 27.3%. Figures are from the Census Bureau's American Community Survey and the Current Population Survey.
Wall Street Journal Original article ›
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The WSJ editorializes on McCain's plan to take over American mortgages and issue new ones at 5% and 30 year term to help stem foreclosures and stabilize home prices. WSJ editorial points to taxpayers having to shoulder all the costs under this plan and lenders and those who made bad decisions among homeowners not having to pay a price for their decisions.
BusinessWeek Original article ›
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Pakistan has $3 billion in commercial foreign debt and $38 billion in concessionary loans from the IMF and the Paris Club an informal lending group of 20 countries according to an estimate by Credit Suisse. Debt servicing costs for 2008 are $3 billion according to a government estimate. Pakistan could default on its foreign debt unless it get help from the IMF.
Wall Street Journal Original article ›
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The ratio of leverage is over 55 times for Deutsche Bank, versus 32 times for Chase JP Morgan. At the end of September Deutsche Bank had $23.9 billion in tangible net worth, which is shareholders equity after stripping out intangible assets. According to US accounting Deutsche's assets totalled $1.35 trillion. Says Eavis some European banks are looking much worse than US banks.
New York Times Original article ›
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The Us rejects call for additional help to automaker GM for upto $10 billion for merging Chrysler and GM, to let a new administration make such a controversial decision which would mean layoffs for half of Chrysler employees. Instead it will speed up the $25 billion already approved by Congress for all automakers to improve fuel efficiency by retooling plants.
Wall Street Journal Original article ›
LyrArc Article Gist
Turkey's lira loses 34% of its value since September 2007 and its foreign exchange reserves are limited at $74 billion. It is setting up abackup facility for $10 billion from the IMF but has insisted that with its young population it needs strong growth to create jobs, and opposes any IMF requirement to scale back investment, government spending and growth targets.
Wall Street Journal Original article ›
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The view on the oped pages of WSJ ask why Bush supports the bailout being negotiated between Congress and the White House on December 10 and being put to a House vote on that day followed by a Senate vote. Almost all Republicans oppose the plan with a supposed government appointed czar to run things and other aspects of the bailout.
The New York Times Original article ›
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A NYT report on Donald Trump's long standing relationship with his lawyer Roy Cohn,  who was also an advisor to Senator Joseph McCarthy. The report says Roy Cohn used aggressive legal tactics in lawsuits and influenced Trump's style of doing business in his real estate dealings. It is a detailed report of Roy Cohn's influence on Trump, which the reporters say has influenced the way  Trump ran his 2016 election campaign. It shows Cohn as protecting Trump in lawsuits, and Cohn's sense that Trump would someday play a big role in New York's real estate business, as Cohn's first meeting with Trump started when Trump was beginning his career in the early 70's. 

Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
Criticism of the US Federal Reserve's $600 billion quantitative easing decision and Bernanke's defense of the Fed's decision. Bernanke says this is no different than other moves in monetary policy made by the Fed, and the aim is to address deflationary trends and unemployment.

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