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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.

BYD, China’s Tesla, Is Coming for the World

  
WSJ - 09.05.2023 Original article ›
Jacky Wong
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BYD's expansion in the EV market is a threat to established automakers in the US, Japan and Germany, says this report in WSJ. BYD making its own batteries means it can keep costs low. It made 1.8 new energy vehicles in 2023 through August and 83% increase over 2022. It is now the largest car brand in China overtaking VW and its product mix enables it to overcome a cut in EV prices. 1 in 3 cars in China are EV's giving China and BYD the experience and scale for world wide competition.

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Biden Seeks Stronger Vietnam Ties in Bid to Counter China

  
WSJ - 09.10.2023 Original article ›
Jon Emont, Catherine Lucey
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India and Vietnam are key countries for reinvention of the supply chain to cover home production in the US with supplies from friendly nations. After the G20 meetings in New Delhi president Biden will go to Hanoi, Vietnam. Vietnam also maintains trade relationship with China as it depends on China for its manufacturing exports. China and Vietnam are both socialist nations, yet after a border war in 1979 Vietnam is building a stronger relationship with the US. It also has a trade relationship with Japan and Vietnamese workers help meet worker shortages in Japan.

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Try Hard, but Not That Hard. 85% Is the Magic Number for Productivity.

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WSJ - 09.11.2023 Original article ›
Rachel Feintzeig
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The wisdom of trying hard but not too hard. Productivity declines when trying too hard. It helps for the mind to get rest and come back to the task refreshed, which means push yourself but only so much and continue to work at it steadily. There is no such thing as achieving 100%, it could mean the goals set were not ambitious enough or that the goals were too hard acting as a demotivating influence. Also minutae or stuff that is not that important can creep into that extra 15% to get to 100%. 

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New White House Counsel’s To-Do List: Impeachment on Day 2

  
NYTimes.com - 09.17.2023 Original article ›
Katie Rogers
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Ed Sisken, a seasoned lawyer who worked at the White House for Obama, then worked for the mayor of Chicago Rahm Emmanuel, is president Biden's new White House Counsel. This report says there will be a higher bar for information that a small wing of the Republican party will seek from the White House for impeachment inquiry on president Biden. It is seen as largely political agreed to reluctantly by Republican Speaker McCarthy. Coming in the presidential election year of 2024 when Mr. Trump faces hearings on indictments, this is expected to involve media attention.

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New Delhi Chokes as Annual Curse of Pollution Returns With a Vengeance

  
NYTimes.com - 11.04.2023 Original article ›
Alex Travelli, Hari Kumar
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Burning of stubble from the rice harvest to clear land for the next year's cultivation in the Punjab creates 25% of the pollution over New Delhi. Automobile pollution adds more pollutants. This toxic mix of pollutants is trapped by the cooler air during the winter over much of northern India. At one point the pollution index reached 643 in New Delhi, by comparison it was hard to breather with an index of 116 from the wildfires in Canada's northern region that sent smoke all the way into Washington D.C. 

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Workers in Sweden Will Expand Strike Against Tesla

  
NYTimes.com - 11.08.2023 Original article ›
Melissa Eddy, Christina Anderson
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Electricians union and dockworkers unions say they will support a strike for collective bargaining agreement of the mechanics working at Tesla in Sweden. The IF Metall Union representing 300,000 workers in Sweden is negotiating for a collective bargaining agreement with Tesla. Unless an agreement is reached in which workers participate to set working hours and wages, benefits, the transport workers says they will not unload Tesla cars from any Swedish ports. The idea is to support the current situation for 90% of workers in Sweden to participate in reaching a consensus for wages, benefits and working conditions.

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Want to Know What’s Bedeviling Biden? TikTok Economics May Hold Clues.

  
NYTimes.com - 11.20.2023 Original article ›
Jeanna Smialek, Jim Tankersley
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Jeanna Smialek and Jim Tankersley look at how people are expressing their dissatisfaction on social media about student loan forgiveness (#1.3 billion views TikTok), about the cost of living, about housing unaffordability, about the price of gasoline, and the term "vibecession" is present. Not enough people are aware of the efforts of president Biden in tackling these problems- for instance the Supreme Court struck down president Biden's plan to reduce student loan debt by $400 billion, that he has already doen this for $127 billion in the face of Congressional and Supreme Court indifference.

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World’s Biggest Offshore Center Backs Effort to Fight Corporate-Tax Avoidance

  
WSJ - 06.19.2023 Original article ›
Paul Hannon
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Paul Hannon in the WSJ tells the story of how the Swiss now support the 15% corporate minimum tax. 78% of Swiss voters support the new tax in a referendum. Switzerland is now trying to change the bad reputation it had gained as a place companies moved to shift profits to low income tax locations. Switzerland now joins 35 countries implementing the 15% corporate tax in 2024 and 2025, including the 27 members of the European Union, Australia, Japan, France and the UK. 15 other countries say they will do so in that time frame.

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Opinion | At Ford, Government Is Now Job One

  
WSJ - 06.22.2023 Original article ›
The Editorial Board
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A $9.2 billion loan from the US government supports US goals for achieving climate change by shifting from fossil fuels to electric vehicles. It also responds to China's subsidies to BYD and other EV makers with the US supporting its own EV manufacturers. WSJ criticism of the loan does not take into account  the need for the US to work with its industry for leadership in the technologies needed to fight climate change, and not fall behind other nations that support their manufacturing including China, South Korea and Japan with hidden subsidies and advantages.

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Cheaper Natural-Gas Prices in Store This Summer

  
WSJ - 06.28.2023 Original article ›
Ryan Dezember
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The supplies of natural gas are making a huge improvement in 2023 over 2022 when the war with Ukraine led to the European Union scrambling to replace Russian supplies with LNG imports. The higher temperatures this past winter in the US and Europe have left ample supplies in storage with the unused natural gas adding to supply. The result prices are now half of what they were last summer bringing relief to people for higher energy prices. Summer prices for natural gas are expected to be about $2.84 per million BTU's.

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India's Covid vaccine landscape: Here is a look at leading candidates

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The Economic Times - 07.22.2020 Original article ›
LyrArc Article Gist
Serum Institute in India's vaccine developed with Oxford University is a leading one of the 6 candidates in India for coronavirus vaccine. It is expected to be ready by September. ICMR also has a vaccine that could be ready by India's Independence Day of August 15. One of the vaccines is for the elderly. Serum Institute has the advantage of being one of the leading manufacturers of vaccines in the world. India makes 60% of the world's vaccines giving it much experience in manufacturing that is needed today.

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Why It Pays to Be a Double Major in College

  
WSJ - 05.15.2024 Original article ›
Lisa Ward
LyrArc Article Gist
Studies in college in diverse disciplines gives a broader outlook and is useful for resilient careers. 1.4 million students were studied for 2009-2019 in the US showing that a wider funnel means broader opportunities. A diverse set of skills helps find more stable jobs. The most resilient were people who studied different disciplines say economics and biology. This kind of diverse knowledge also brings better capabilities to solve problems and find solutions in a creative way. This means companies with people having diverse skills will also do better in the long run.

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Israel War Cabinet Member Sets Ultimatum and Threatens to Quit Government

  
WSJ - 05.18.2024 Original article ›
Carrie Keller Lynn
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Benny Gantz puts forward a realistic plan for Gaza's future that is completely different from Netanyahu's, with provision for international responsibility with Palestinians to run Gaza and demilitarization of Gaza strip. He sets June 8 as the deadline. Gallant and Benny Gantz say Netanyahu's plan only has two outcomes that lead to endless conflict- Israeli control or Hamas control both having led to this disastrous situation for the people of Gaza and Israel and of Palestine.  This comes as US Defense Secretary Blinken plans visit to Israel.

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Warren Buffett’s Berkshire Hathaway Slashes Apple Stake

  
WSJ - 08.03.2024 Original article ›
Karen Langley
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Warren Buffett's Berkshire Hathaway sold $75 billion in stocks in the second quarter 2024 including half of its Apple shares. It has now sold off most of its Apple shares. The cash level is now $277 billion in August 2024. The market is now recalibrating after tech stocks are going through skepticism. Berkshire is also trimming investmetn in Bank of America its second largest investment. Bufett says it is better to hold on to cash as he cannot find places "with very little risk that can make us a lot of money."

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Harris and Walz hold Las Vegas rally as pair build on renewed 2024 enthusiasm

  
The Guardian - 08.10.2024 Original article ›
LyrArc Article Gist
Harris-Walz campaign in Arizona and Nevada August 10, 2024. Harris gains the support of the Culinary Workers union with 60,000 members. 

League of United Latin American Citizens (Lulac), the oldest Latino civil rights group, which usually stays neutral stepped in to endorse the Democratic ticket.

“The politics of hate-mongering and scapegoating Latinos and immigrants must be stopped,” said Domingo Garcia, chairman of Lulac Adelante Pac, in a statement.

“Latinos understand how much is at stake in this election, for not only our community but our democracy.”

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Opinion | Plan Beats No Plan

  
NYTimes.com - 08.26.2024 Original article ›
Binyamin Appelbaum
LyrArc Article Gist
On tackling housing costs Applebaum says in NYT that Harris has a plan to build 3 million housing units and help homeowners with $25,000 to buy homes, and sets up a Housing Fund of $40 billion for builders. By contrast Trump says he will do nothing for supply or prices. For rental prices of apartments and homes Harris calls for limiting price increases to 5% for apartment property owners for federal benefits to be continued. Trump simply says the problem will fix itself once pressure of migrants looking for housing is removed. This is not a Plan says Applebaum.

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Britain’s Radical Plan to Tackle the Migrant Crisis Turns Into a Cautionary Tale

  
WSJ - 06.26.2024 Original article ›
Max Colchester, Nicholas Bariyo
LyrArc Article Gist
Only 2 migrants were sent to Rwanda under a British government program of the Tories party to send migrants to Africa. The program if it took off was to spend 490 million British pounds to send migrants to Rwanda from Britain. A payment of 120 million pounds was made to Rwanda. WSJ says it is a huge waste of money. Each of the 2 migrants were paid $3000. Meanwhile record numbers of migrants entered Britain through the English Channel. Over 500 migrants crossed over in small boats each day in 2024, a 23% jump.

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England riots: how has ‘two-tier policing’ myth become widespread?

  
The Guardian - 08.05.2024 Original article ›
LyrArc Article Gist
The idea of "two tier policing" in Britian has been spread by Tommy Robinson and other figures and by social media actors yet it does not pass scrutiny says this report in The Guardian. It is in situations such as these that social media cannot be considered a technological advance but one that takes society back many steps. The lack of regulatory scrutiny and regulation of social media through Tech industry acting on its agenda may be one of the serious threats facing Democracy in the US, Europe and the World.

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Meet Putin’s U.S.-Educated Dealmaker in Talks With Trump Administration

  
WSJ - 02.18.2025 Original article ›
Alan Cullison, Benoit Faucon, Georgi Kantchev
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Kirill Dmitriev who has a BA from Stanford and MBA from Harvard was educated in the US and worked for McKinsey and Goldman Sachs. He worked for the US-Russia Investment Fund funded by USAID during the early years in 1990's after fall of Soviet Union. And helped sell off media properties bought at that time for that Fund to the new government. He is now the head of the Russian Sovereign Fund.

He will be a key negotiator to be similar to Witkoff in the Trump team who has a background in real estate deals. 

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King joins Raye and Apple boss at Battersea Power Station market

  
BBC News - 12.13.2024 Original article ›
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Battersea Power Station in its heyday in the 1950's processed one mlilion tons of coal from Wales and England to power the UK with one fifth's of its electricity. King Charles pays a Christmas visit to the Power Station buildings that are converted into shops and where Apple has its UK headquarters. The singer Raye performs during the visit. The architecture design was done by Sir Giles Gilbert Scott. It resembles an upside down coffee table. The boiler house could fit St Paul's cathedral inside, says the BBC.

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French PM Bayrou open to talks on contested pension reform

  
Le Monde.fr - 01.14.2025 Original article ›
LyrArc Article Gist
France's new premier Francis Bayrou says in a policy speech to parliament yellow vest protests need to be heard and the pension reform of 2023 with large protests can also be debated and renegotiated. It is an effort to bring together all parties after the alienation of the last 2 years. Macron raised the pension age from 62 years to 64 but did not first get the support nationwide that was needed. 

Bayrou raises the deficit target to 5.4% from 5% under the Barnier government that lasted only 3 months and failed to win parliamentary support.

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Original article 1 minute, gist 1 minute

Opinion | The Border Threatens Biden’s Re-Election

  
WSJ - 01.30.2024 Original article ›
William A. Galston
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Getting a bipartisan bill designed by Senator Lindsay Graham, Republican from South Carolina and a bipartisan group of Senators  through Congress is now a priority for the Biden administration. President Biden promises to close the Border the day this is passed into law. It faces hurdles in the House with Speaker Mike Johnson not supporting it. This also stalls progress in aid to Ukraine and other priorities.

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How Mike Johnson Could Lose the House Speaker Vote, Explained

  
WSJ - 01.02.2025 Original article ›
Lindsay Wise
LyrArc Article Gist
WSJ Explained looks at the House Speaker's election on Friday Jan 3, 2024. If one Republican vote joins Rep. Massie of Kentucky Mike Johnson cannot be reelected says WSJ. In that event Congress cannot ratify the election of DJT or Vance as president and vice president. On Jan 20 2025 Senate president Chuck Grassley would be made president of the US in such a situation.

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Trump: The EU is an ‘atrocity’ on trade

  
POLITICO - 02.04.2025 Original article ›
LyrArc Article Gist
 DJT calls the 155 billion euro deficit the US has with the European Union "an atrocity," saying they treated us badly. 

DJT says-

"It might happen with that, but it will definitely happen with the European Union. I can tell you that, because they've really taken advantage, you know, we have over $300 billion deficit.”

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Deere’s Plans for Offsetting $500 Million in Tariff Costs

  
WSJ - 05.30.2025 Original article ›
Mark Maurer
LyrArc Article Gist
For Deere 80% of production of farm tractors is in US and 75% of suppliers in US. It is working on ways to tackle tariffs impact which is about $500 million. Its plan is to raise prices 2-4%. Deere has to tackle the imports from Germany of midsize tractors and its exports to Europe which also face tariffs. Other production is in Mexico and China.

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