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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.

Siemens partners with India on railway modernization – DW – 02/27/2023

1 Groups   
dw.com - 02.27.2023 Original article ›
LyrArc Article Gist
India places a $3 billion order for 1200 electric locomotives and railway modernization with Siemens. It includes a 35 year contract for maintenance. The equivalent of 800,000 trucks can be replaced by these locomotives over the lifetime. Siemens CEO Roland Busch says "This will help India create the world's largest green rail network, as our locomotives will save the equivalent of 800 million tons of CO2 emissions over their lifecycles."

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India presents low cost manufacturing and high output opportunities: Modi

  
The Hindu - 10.30.2022 Original article ›
Dinakar Peri
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At the opening of the new aircraft manufcturing complex in Vadodara, Gujarat, PM Modi says- "The defense and aerospace sectors will be two important pillars of making India self reliant (atman nirbhar). We have. agoal of $25 billion in defense manufacturing by 2025, defense exports will be $5 billion." He said India will need 2000 aircraft in 15 years. "India will move forward with the mantra Make in India. Make for the Globe."

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Original article 4 minutes, gist 1 minute

Why This Housing Downturn Isn’t Like the Last One

  
WSJ - 12.17.2022 Original article ›
Ben Eisen, Nicole Friedman
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The housing downturn as a result of sharply higher interest rates as the Fed's Jay Powell takes on surging inflation is very different from the problems of bank's shoddy mortgages of 2008. The 2008 financial crisis was a banking crisis from overleveraging by US banks and the use of questionable mortgages in housing. The rules set down and strict regulation since 2008 protect the housing market from the errors of 2008.

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Russia-Ukraine War: Hard-Line Positions Suggest Progress Toward Peace Talks Is Far-Off

  
NYTimes.com - 12.28.2022 Original article ›
Shashank Bengali
LyrArc Article Gist
Both sides hold positions unacceptable to the other in the Russia Ukraine conflict making negotiations difficult. Russia wants to hold on to annexed regions in the east including Donetsk and Luhansk. Russia continues shelling of Kherson after it was taken back by Ukraine. The conflict drags on in the winter months. The civilian population of Ukraine bears a significant burden from damage to the electricity grid, reducing heating and lighting in the winter.

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The true cost of the west’s attention deficit

  
The Financial Times - 04.04.2022 Original article ›
LyrArc Article Gist
The Ukraine war has serious side effects with food prices going up as much as 50% in parts of the world that include Asian and African nations and nations in the Middle East. Countries with debt or facing the aftermath of wars and conflicts fare much worse.  Coming after the problems created by the pandemic in the economy and health of many countries these nations are ill prepared for what is happening. 

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Original article 1 minute, gist 1 minute

Mann Ki Baat | PM Modi hails India’s start-up culture, says country has become a nation of job creators, not job seekers

  
The Hindu - 11.28.2021 Original article ›
Special Correspondent
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PM Modi of India interacts with Mayur Patil, a young engineer in India who developed air filter technology to reduce emissions on existing motorcycles and buses by as much as 20-30%. Patents were granted and NITI Aayog granted a 90 lakh rupee grant for mass production. India faces a real need for job creation through the development of new companies and new products to hire hundreds of thousands of engineers and other graduates graduating each year.

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Original article 3 minutes, gist 1 minute

When Fourth-Graders Can’t Read: One Phoenix School Has a New Way to Fight Pandemic Learning Loss

  
WSJ - 10.09.2021 Original article ›
Yoree Koh | Photographs By Ash Ponders For The Wall Street Journal
LyrArc Article Gist
The learning loss for elementary school children is much worse than projected after 18 months being out of school. In this school in Pheonix, Arizona, teachers were surprised to see children behind by almost 2 years. The pandemic has turned a growing literacy problem into a crisis.This could be true for other parts of the world, in Europe, India, Latin America, other Asia and Africa too. Students from poorer neighborhoods consistently fare much worse.

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Original article 9 minutes, gist 1 minute

Opinion | The State of Trump’s Union

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WSJ - 01.20.2020 Original article ›
William Mc Gurn
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The WSJ's William McGurn looks at the Trump impeachment in the Senate and compares this with a similar period when Bill Clinton, another president  was being impeached by Republicans. Bill Clinton survived the impeachment vote as is expected also for Mr. Trump. The strong economy supported Mr. Clinton in his State of the Union message that followed, as is expected for Mr. Trump in his State of the Union message. 

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Original article 4 minutes, gist 1 minute

Recession With a Difference: Women Face Special Burden

  
NYTimes.com - 11.17.2020 Original article ›
Patricia Cohen
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The coronavirus pandemic has a significant negative impact on women as they face job, child care and home responsibilities. One report by the Federal Reserve Bank of Minneapolis says that without a comprehensive system of support "women will forever be vulnerable to career scarring during any major crisis like this pandemic." This is true not just for the U.S., it is also true for women in countries in Europe, in Asia and other countries.

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Coronavirus live news: Pakistan to ban air travel for unvaccinated; Israel ‘to offer Pfizer booster shot’

  
The Guardian - 07.29.2021 Original article ›
Helen Sullivan, Mattha Busby, Miranda Bryant, Vincent Ni, Adam Gabbatt, Sean Ingle
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Pakistan follows other countries by making vaccination mandatory for all public sector workers. Pakistan also requires vaccination to go to airports. France and some other countries in Europe have taken this action to prevent spread of the Delta variant.

According to the US Census Bureau 3.6 million Americans say they face eviction in 2 months as the Supreme Court voted 5-4 to end suspension of evictions July 31, 2021.

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Insights on How to Be a Socially Conscious Company Today

  
WSJ - 08.09.2023 Original article ›
Ben Ashwell, Walden Siew
LyrArc Article Gist
Do social value in the way you run the business. That is the intelligent way. On green washing it says just don't do it. With so much that businesspersons are faced with- lack of upward mobility and wages, mental health, climate change needs, supply chain and domestic manufacturing, the need for an honest sincere response on these issues. These points are made at a WSJ event as reported by Ashwell and Siew.

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The World’s Largest Buyer of U.S. Debt Isn’t Going Away

  
WSJ - 11.27.2023 Original article ›
Jon Sindreu
LyrArc Article Gist
The largest holder of America's debt is not China. It is Japan with holdings by banks, insurers and pension funds of $1.1 trillion of US debt. This is important with the growing borrowing of the US government to fund infrastructure and clean energy, services. This investment is growing after slowing during the pandemic. Much of it is done not for earnings gains but with hedging in financial markets to reduce exchange rate risk.

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Mortgage Rates Hit 7.09%, Highest in More Than 20 Years

  
WSJ - 08.17.2023 Original article ›
Ben Eisen, Gina Heeb
LyrArc Article Gist
With higher mortgage rates at 7% from 4% during the pandemic sellers and buyers are not moving forward. There is a sharp drop in US homes for sale by 14% in June over 2022, to 1.1 million homes, according to NAR. Home builders are building new homes to meet demand. Sellers often prefer to rent out existing homes and rent in their new location. Buyers preferring to rent with limited supply to choose from.

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Is Reclining Your Airplane Seat Upright Behavior or Downright Rude?

  
WSJ - 08.17.2023 Original article ›
Joseph De Avila
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A You.gov poll shows Europeans by 64% consider reclining seats fully "unacceptable" compared to 46% in the US. The seats squeezed into a tight space make it more difficult for passengers making airline decisions on seat arrangement an issue. Delta tried limiting reclining to 2 inches to improve passenger comfort on 20% of its planes in 2019, but has not moved ahead to do this with the rest of the planes.

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Iran Slows Buildup of Near-Weapons-Grade Nuclear Fuel

  
WSJ - 09.04.2023 Original article ›
Laurence Norman
LyrArc Article Gist
One of the side effects of the Ukraine war is the gradually improving relations between the US and Iran. The US released some funds to Iran that were frozen. Here Iran responds by slowing down its buildup of near weapons grade nuclear fuel. In this way president Biden has tackled the difficult problem of Iran's nuclear program in a low profile way, one of the achievements of the Biden administration's foreign policy.

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Biden’s Climate Law Is Reshaping Private Investment in the United States

1 Groups   
NYTimes.com - 09.14.2023 Original article ›
Jim Tankersley
LyrArc Article Gist
Investment in the US in clean energy technologies reached $213 billion in the last 12 months through July 2023 after the climate law was passed by president Biden. The prior year it was $151 billion and the year before that $81 billion. Investment is growing fastest in electric car batteries, EV's, and in solar panels, slower in wind energy. This shows the Biden plan is working and will accelerate in the coming year.

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Dianne Feinstein, California’s longest-serving senator, remembered in pictures

  
Washington Post - 09.30.2023 Original article ›
LyrArc Article Gist
A career in pictures shown in The Washington Post that stretches back to the 1970's with elections to the San Francisco Board of Supervisors and Mayor of that city. Feinstein ran unsuccessfully for governor before winning the Senate seat from California. She represents the first wave of California's women politicians, followed by Nancy Pelosi who went on to become Speaker in the US Congress, and now Kamala Harris who is vice president.

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Hydrogen Subsidy Spree Kicks Off With $7 Billion in Federal Grants

  
WSJ - 10.13.2023 Original article ›
Scott Patterson, Amrith Ramkumar
LyrArc Article Gist
Biden hopes to kickstart the green hydrogen industry in the US with $7 billion in subsidies for new technologies and infrastructure. Green hydrogen is made by splitting water or H2O into its component parts and new cost effective technologies are needed. WSJ shows where in the US this money is going. About $1.75 billion will go to Appalachia and Mid Atlantic states such as West Virginia, Ohio and Pennsylvania with Pennsylvania a key state in 2024 election.

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VW Workers Vote on Unionizing Tennessee Plant in Latest UAW Push

  
WSJ - 04.17.2024 Original article ›
Mike Colias
LyrArc Article Gist
Union efforts to unionize workers at a VW Tennessee plant after successful wage bargaining in the midwestern states where American automakers are based. Having similar wages and benefits, working conditions, at southern plants of German and Japanese makers in places such as Alabama and Tennessee makes it possible for workers in the South gain the same benefits and wages enjoyed by workers in the midwest, at a time when workers are struggling to meet cost of living.

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Opinion | This new report confirms that Trump’s megalomania threatens our democracy

1 Links   
Washington Post - 12.14.2017 Original article ›
Greg Sargentgreg Sargent
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Greg Sargent cites an exceptional Washington Post report based on 50 interviews with Trump connected officials showing that Trump failed to accept findings of the intelligence community on meddling by Russia. Sargent says the result of Trump's action is that no meetings at the cabinet level have discussed this issue. This has led to protests about how the Mueller investigation is proceeding, even though as Sargent points out the intelligence community has different views.

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Original article 10 minutes, gist 1 minute

How Tax Cuts Affect Revenue

  
WSJ - 12.22.2017 Original article ›
Wsj.Com News Graphics
LyrArc Article Gist
Timiraos and Shin provide more evidence in the WSJ that the hopes for generating more revenues from a huge tax cut have proven illusory in the past under Reagan and Bush. The question is whether the tax cuts can make up for the revenue lost through economic growth. In the short term there is a spurt of growth but in the long term this has left a revenue shortfall paid for by higher taxes later on.

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Theresa May abandons plan for vote on Brexit bill

  
The Times - 05.23.2019 Original article ›
Francis Elliott, Political Editor
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Theresa May  faces a mutiny in her Conservative Party with the resignation of ally Ms. Leadsom, the leader in the House of Commons. Her repeated efforts to put her unpopular Brexit deals for a vote in parliament, with one planned on June 7 2019, is rejected by the Conservative Party. This sets the stage for another controversial election to leadership of the Conservative Party of Mr. Boris Johnson, who leads in party member support.

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Original article 1 minute, gist 1 minute

Indian hockey team ends 52-year wait, beats Australia at Paris Olympics

  
The Indian Express - 08.02.2024 Original article ›
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India win over Australia 3-2 at the Paris Olympics the first win in 52 years of competition. A match winning save by the goalie Sreejesh saved the day for India. India is now second to Belgium in the Group. India will now play Britain or Germany in the quarterfinals. Is progress so far a draw with Argentina, loss to Belgium and wins over New Zealand and Australia. Harmanpreet scored the most goals for India.

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Original article 1 minute, gist 1 minute

Small Shift Toward Biden After Trump Verdict

  
NYTimes.com - 06.12.2024 Original article ›
Nate Cohn, Ruth Igielnik, Alicia Parlapiano
LyrArc Article Gist
The shift of 1-2 percentage points overall, is higher about 7% of disengaged voters who are not following the news and are more concerned about cost of living issues. It is hard to tell because of the changing perceptions of voters every few weeks what the impact of a specific event such as convictions is going to be. The migrant and border issue is also changing as Biden closes the border by executive action.

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The view from Paris: All hail the turquoise-shirted volunteers!

  
Washington Post - 08.10.2024 Original article ›
LyrArc Article Gist
50,000 Olympics volunteers in Paris with turquoise shirts make this Olympics special. This Washington Post reporter says he was greeted by one as he got out of the subway at the exit of Nanterre Prefecture Metro station. This is Omodele and her big foam finger showing people the direction to swimming venue. 80% are French locals. There is also this one from Denmark driving a taxi. They volunteered without pay and enjoy a new experience. 

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Original article 5 minutes, gist 1 minute

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