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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.

Victory for Boris Johnson’s all-new Tories

  
The Economist - 12.14.2019 Original article ›
LyrArc Article Gist
As Boris Johnson wins the British election with a 80 seat majority, the Economist warns that what made this possible, the shift of the North and Midlands Labour vote to the Tories is something that is not secure. The traditional working class Labour vote that shifted to the Conservatives is only on loan say experts. Johnson faces a bumpy road with challenges from Scotland and Northern Ireland, parts of the UK that favor being in the EU.

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Original article 6 minutes, gist 1 minute

India set to be world’s fourth-biggest economy

  
The Times - 12.26.2019 Original article ›
Philip Aldrick
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With the government goal of a $5 trillion economy in the next five years, India is expected to be the fourth largest economy in the world by 2026 after the U.S., China and Japan. India moved past France and Britain and will move past Germany by 2026, making the U.S. the only non-Asian economy in the top four. Britain is holding its own and its economy is expected to be larger than France's in five years.

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Original article 1 minute, gist 1 minute

Uber, Postmates Sue California Over Gig Law, Escalating Fight

  
WSJ - 12.31.2019 Original article ›
Sebastian Herrera
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Workers in the gig-economy at companies such as Uber and Lyft are protected under a new California law AB5 that requires them to be classified as employees with minimum wage, sick pay and holidays. It also requires health care for workers with more than 15 work hours a week. This law is now being challenged in court by these companies. The challenge requires 623,000 signatures. The companies are also using the challenge as a way to protect from lawsuits.

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Original article 3 minutes, gist 1 minute

World Bank, IMF Push to Consolidate Patchwork Approach to Coronavirus Crisis

  
WSJ - 04.13.2020 Original article ›
Josh Zumbrun, David Harrison
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Action being taken by the IMF and the World Bank to coordinate assistance and financial help to countries facing severe crisis. Debt relief for the poorest countries including suspension of debt payments fro 14 months is one action the IMF and World Bank are pursuing with G20 countries. The IMF and World Bank have $1.2 trillion in lending resources that the two can use. In addition individual countries like the U.S. and EU countries have taken action worth $8 trillion.

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Original article 4 minutes, gist 1 minute

Coronavirus patients can’t relapse, South Korean scientists believe

  
The Times - 05.02.2020 Original article ›
Richard Lloyd Parry, Asia Editor
LyrArc Article Gist
The head of South Korea's Disease Control committee says that patients with coronavirus can't relapse. About 277 patients tested positive after recovery. Looking at this the scientists found that there were harmless traces that were incorrectly detected by the RNA test which are not live so that patients are still in good health with no relapse. This is a very important bit of information for reopening different countries to modified normal life.

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Original article 1 minute, gist 1 minute

Coronavirus Vaccine Trial by Moderna Shows Promising Early Results

  
NYTimes.com - 05.18.2020 Original article ›
Denise Grady
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Encouraging early results for a vaccine from Moderna Inc. which tested on a small group of 8 healthy humans. A key requirement that the neutralizing antibodies created by the vaccine stop the coronavirus from replicating was met in the vaccine developed by Moderna. A larger human trial will now proceed for hundreds of healthy people. In July another trial will have thousands of healthy people. By the end of the year the company plans to make millions of vaccines.

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British tech firms could get state help to rival Huawei

  
The Times - 05.31.2020 Original article ›
Lucy Fisher, Defence Editor
LyrArc Article Gist
British prime minister Boris Johnson is looking at options to increase investment by Britain in domestic telecom companies so that they can  compete in the 5G technology market. The idea is to create a new international alliance of partners including South Korea, the U.S., India. This is part of a wider effort to regain leadership in this area for an alliance of western companies partnering with some Asian countries. It is also intended to reduce reliance on Huawei.

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Original article 1 minute, gist 1 minute

Germany to set up hundreds of vaccination centers from December: report | DW | 15.11.2020

  
DW.COM - 11.15.2020 Original article ›
Alex Berry
LyrArc Article Gist
The European Union has deals for 300 million doses of vaccine from BioNTech and Pfizer to be delivered soon. Germany is setting up hundreds of vaccination centers for first 3 months of 2021. Transport logistics are a concern. The Pfizer vaccine has to be kept at minus 70 degrees Celsius or minus 94 degrees Fahrenheit. Paul Ehrlich Institute is responsible for release of vaccine batches in Germany for rollout.  Good planning is essential for the huge task ahead.

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Original article 3 minutes, gist 1 minute

US food banks help those in need plan for Thanksgiving amidst a pandemic

  
France 24 - 11.19.2020 Original article ›
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The 1.5 million people in the six boroughs of New York city where they do not always know when their next meal comes from. This was before th pandemic hit. Today after the coronavirus this has grown to 2 million says the president of Food Banks for New York city. This FR24 report looks at the deep problems in the social fabric of America that have developed over decades of misallocation of capital away from health, education, infrastructure, and manufacturing.

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India’s capital is battling a surge in coronavirus cases just as pollution levels spike 

  
Washington Post - 11.26.2020 Original article ›
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New Delhi home to 30 million people is seeing a spike in coronavirus cases in a second wave with 7000 cases daily and 100 deaths. The Diwali holiday could result in more cases. The drop in air quality comes with winter and thick smog over Delhi at tis time of the year. People with asthma are having a harder time. Doctors and scientists say the combination of poor air quality with the virus increases risk of respiratory illness. 

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Original article 5 minutes, gist 1 minute

Aging China Must Work Longer and Invest Smarter

  
WSJ - 12.09.2020 Original article ›
Jacky Wong
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China's population is aging quickly as a result of the one child policy and better medical care. The population of people 15-59 years will decline by 65 million or 5.5% by 2030, according to UN projections. China's retirement age is surprisingly low 60 for men and 55 for women for civil servants and white collar workers. The population will age faster and at lower income levels than in South Korea or Taiwan.

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Original article 2 minutes, gist 1 minute

Get ready for a no-deal Brexit, Boris Johnson warns cabinet

1 Links   
The Times - 12.10.2020 Original article ›
Francis Elliott, Political Editor | Bruno Waterfield, Brussels | Oliver Wright, Policy Editor
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Boris Johnson says no deal Brexit remains a real possibility after dinner meeting with Leyen and discussions fail to lead to any agreement. Johnson says he has the backing of his senior ministers. The UK Johnson says, should not remain stuck in "the EU's regulatory orbit." There now appears to be a German led group that includes Sweden that seeks a compromise, and a French led group that accepts Britain leaving the European Union without any agreement.

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Original article 1 minute, gist 1 minute

Explained | What caused the Sri Lankan economic crisis?

  
The Hindu - 09.06.2021 Original article ›
Prashanth Perumal
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Sri Lanka's foreign exchange reserves drop from over $7.5 billion in 2019 to about $2.8 billion in July 2021. The tourism industry on which Sri Lanka depends for foreign exchange and which supports the economy has been hit hard by the coronavirus pandemic. Sri Lanka rupee has depreciated by 8% in 2021 and the country struggles to maintain food imports with declining dollar reserves. Sri Lankan government declared an economic emergency last week with rising food prices.

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Original article 4 minutes, gist 1 minute

Power crunch threatens Chinese economic growth, warn banks

  
The Financial Times - 09.27.2021 Original article ›
LyrArc Article Gist
Chinese president Xi Jinping has set strict carbon emissions targets for 2021, in his commitment to achieve peak carbon emissions by 2030 and carbon neutrality by 2060. Power cuts for industry are put in place to meet the targets. A 56% rise in coal prices is also making it less profitable for power plants to generate electricity. This will further reduce Chinese GDP growth. Banks have cut year over year GDP growth for quarters three and four to 4.7% and 3%.

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Original article 1 minute, gist 1 minute

Narendra Modi’s government dips into central-bank reserves

  
The Economist - 08.30.2019 Original article ›
LyrArc Article Gist
Reducing risk buffers to 5.5%-6.5% for India's central bank as recommended by former governor Bimal Jain helps to transfer $21 billion to the government as it copes with a bad loan crisis at banks and drop in credit and lending. This has hurt the economy reducing growth in early 2019. The RBI transfer will help stimulus and recapitalizing of banks as the Modi government copes with the economic deceleration to 5% growth in the last quarter.

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Original article 3 minutes, gist 1 minute

India’s GDP growth slows to 5%, more stimulus expected

  
Hindustan Times - 08.30.2019 Original article ›
LyrArc Article Gist
GDP growth in India's economy decelerated to 5% in the last quarter after 8% growth in full year 2018. Stimulus measures, recapitalizing banks and increased infrastructure spending is supported by the Modi government as a way to cope with this crisis. Much of the problem stems from bad lending by banks from an earlier period.  Lack of credit is hurting the retail and auto sectors. Drought conditions in some rural areas hurt the rural farm based economy.

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Labour to back snap general election

  
The Times - 10.29.2019 Original article ›
Kate Devlin, Chief Political Correspondent
LyrArc Article Gist
Britain's Labour party will now back a motion in parliament supported by the SNP, Liberal Democrats and Tories for a general election December 9 or December 12. This is the first December election since 1923, almost one hundred years. December elections in winter could have uncertain turnout, but the high turnout in the election in 1950 with Labour's Clement Attlee shows that when major issues are involved voters do turnout.

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Original article 1 minute, gist 1 minute

Macron warns France of 'the end of abundance' and tough times ahead

  
France 24 - 08.24.2022 Original article ›
LyrArc Article Gist
Energy subsidies costing billions of dollars are keeping gas prices lower in France than other parts of the EU till December. French president Macron says a series of crises from droughts, the war in Ukraine and energy shortages will lead to an end to the abundance and called for conservation, and restraint in energy use. France uses nuclear energy in much larger proportion than any other country making it dependent on Russian gas imports for only 17% of its consumption. 

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Canada Offers Lesson in the Economic Toll of Climate Change

  
NYTimes.com - 07.03.2023 Original article ›
Lydia De Pillis
LyrArc Article Gist
Wildfires that have burned 20 million acres in Canada in an area the size of Maine are affecting oil, lumber and tourism industries. Fires in Quebec have created a cloud of haze in cities as far away as New York and Detroit, and made its way across the Atlantic ocean to France for the first time. It used to be said that events in one part of the world affect us, now this is a reality and everyday life is affected.

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Ron DeSantis Shifts Strategy After Staff Cuts, Drop in Polls

  
WSJ - 07.26.2023 Original article ›
Alex Leary
LyrArc Article Gist
Ron de Santis now realizes the errors made in trying to base a campaign on out-Trumping Trump. It is 2023 and it is a different country. Lessons were learned, both Democrats and Republicans are a different breed these days, and have more in common than is realized. The shaking up and open discourse part was the easy part, the hard part of building America is what is taking place today, and requires a different disposition and frame of mind.

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Ghana at 60: Remembering Kwame Nkrumah | Africa | DW.COM | 04.03.2017

4 Groups   
DW.COM - 03.04.2017 Original article ›
Daniel Pelz
LyrArc Article Gist
Nkrumah led the independence movement in Africa and helped found the Organization for African Unity. Yet today few Ghanians know about him. He became the first president in 1957 and made himself president for life in 1964, was ousted in 1966. One of his legacies is that he left a strong sense of African unity and gave Ghana its early political foundation to remain a stable country in Africa, when other regions degenerated into war and civil strife.

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Original article 4 minutes, gist 1 minute

Opinion | The Trumpcare Disaster

11 Groups   
The New York Times - 05.04.2017 Original article ›
The Editorial Board
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This NYT editorial points out that the cuts to Medicaid amount to taking out a fourth of its budget and are sure to hurt low income Americans. The cuts are about $880 billion over 10 years for Medicaid. The $300 billion less in subsidies over ten years is likely to hurt the elderly. It also points out that removing the individual mandate will make it harder to reduce premiums as fewer healthy adults offset the costs of sick patients.

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Original article 4 minutes, gist 1 minute

With Brexit on the horizon, Frankfurt's star is on the rise

1 Links   
- 10.27.2016 Original article ›
LyrArc Article Gist
With Brexit some of the banking community in London is expected to move to Frankfurt, the financial capital of Germany, and the location of the ECB. This article describes the attractions of Frankfurt, as compared to Cologne and Munich, other cities which attract more visitors. It is lower cost, with shorter distances within the city, a large community of foreigners of about one in three people that gives it international appeal, and easy access to the mountains for biking and hiking.

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How a few thousand votes in New Hampshire could change America

1 Groups   
The Economist - 09.19.2016 Original article ›
LyrArc Article Gist
This article in the Economist describes the hard fought election in New Hampshire where two women Mrs Ayotte, a Republican, and Mrs. Hassan, a Democrat, will have spent $100 million by the time the campaign is over. Both have distanced themselves from the presidential candidates, particularly Mrs. Ayotte. The race in the state is  critical because Democrats can retake the Senate majority with a win in New Hampshire, along with a win in Illinois and Wisconsin.

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Original article 4 minutes, gist 1 minute

Opinion | Can Venezuela Have a Peaceful Transition?

  
New York Times - 01.24.2019 Original article ›
Michael Shifter
LyrArc Article Gist
This article by Michael Shifter, who heads the Inter American Dialogue, says it is important there be an amnesty for the military officers so that Venezuela can make a peaceful transition with an interim government that meets the international community's call for new credible elections. He says the head of the National Assembly who heads the interim government has taken the right steps to ask for an amnesty for the military from the National Assembly.

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