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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.

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 ›
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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
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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
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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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Theresa May unites MPs in anger against her Brexit address

  
New York Times - 03.27.2019 Original article ›
Francis Elliott, Political Editor | Henry Zeffman | Esther Webber
LyrArc Article Gist
Theresa May's statement that parliament bears responsibility for the Brexit impasse is seen as an attack on parliament by MP's from both the Conservative Party and the Labour Party. May needs support of about 25 Labour MP's to make up for loss of Brexit hardliners, but has support of 3 MP's in the last vote in parliament. Her statement was seen as divisive and alienated all sides in parliament, the BBC reports.

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Original article 1 minute, gist 1 minute

Tankers Attacked Again in Gulf of Oman, Raising Fears of Wider Conflict

  
NYTimes.com - 06.13.2019 Original article ›
Richard Pérez Peña, Stanley Reed, David D. Kirkpatrick
LyrArc Article Gist
The U.S. oil sanctions on Iran reduce flows of Iranian oil and create the possibility of conflict in the Straits of Hormuz where oil tankers carry supplies from Middle East producers to other countries. The sanctions lead to the unwinding of the nuclear deal Iran negotiated with the Obama administration. Another sign of how a change in administration leads to a reversal of policies and continued involvement of the U.S. in the region in different and unpredictable ways.

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Elementary school teacher: "I Find It Unfair that Teachers Aren't Paid Better" | ZEIT Arbeit

  
ZEIT ONLINE Arbeit - 07.12.2019 Original article ›
LyrArc Article Gist
The low pay for teachers in Sweden and Germany. A gross salary of 2500 euros per month is considered standard for teachers in the Stockholm area. Here a teacher points out that it is unfair that teachers are not paid better. With taxes cutting into the pay check even a senior teacher earning 42,000 euros a year or about 4000 euros a month is left with only about 36000 euros or 3000 euros per month to live on.

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Original article 3 minutes, gist 1 minute

France to Require Masks in Indoor Public Spaces

  
WSJ - 07.14.2020 Original article ›
Noemie Bisserbe
LyrArc Article Gist
France joins Britain in requiring masks in indoor space. The number of new cases in France are now dropped down to a few hundred each day compared to several thousand before. This month in July the reproduction rate passed 1 suggesting need for caution as social distancing rules, avoiding French custom of kiss in greeting, and mask wearing are now being less strictly observed. Anyone not wearing a mask after August 1 would be fined $125 or 100 euros.

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Original article 4 minutes, gist 1 minute

At Boeing and Airbus, Finished Airplanes Pile Up

1 Links   
WSJ - 07.26.2020 Original article ›
Andrew Tangel
LyrArc Article Gist
Airlines are not taking delivery of planes from Airbus and Boeing as travel on airlines remains restricted by a surge in the coronavirus cases in July 2020. Boeing delivered only 20 aircraft in the second quarter down from 90 in the same quarter in 2019. Airbus delivered 74 jets in the second quarter down from 227 in the prior year. This is straining finances for Airbus and Boeing. This affects suppliers such as engine maker GE. 

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Original article 5 minutes, gist 1 minute

Home visits banned for millions in north of England

  
- 07.31.2020 Original article ›
Steven Swinford, Deputy Political Editor | Chris Smyth, Whitehall Editor
LyrArc Article Gist
Transmission for people visiting other households is a big part of the transmission problem in northern England in July. Lockdown for these visits is being reinstated as cases rise. This is seen as a bigger problem than going to work so that restrictions have to be placed in a way that restricts the kind of activity that causes transmission, says Matt Hancock, health secretary. People from different households are now barred from meeting indoors in the Manchester area. 

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Original article 1 minute, gist 1 minute

WSJ News Exclusive | Trump Administration Considers Halting GE Venture’s Engine Deliveries to China

  
WSJ - 02.15.2020 Original article ›
Ted Mann, Bob Davis
LyrArc Article Gist
The Trump administration is looking at proposal to stop deliveries of new jet engines from the U.S. by General Electric Company for a new airliner being developed in China. There is concern that China may reverse engineer the CFM engines if sent to China for the Comac C919 jetliner. The administration may decide to not issue the license letting CFM International a joint venture of GE and France's Safran SA, to export the LEAP 1C jet engines to China.

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Original article 2 minutes, gist 1 minute

Germany updates: Merz defiant after court migration ruling – DW – 06/03/2025

  
dw.com - 06.03.2025 Original article ›
LyrArc Article Gist
Germany has ordered order controls under new Interior Minister Dobrindt. Merz says such border controls are needed at its borders until European borders are secured. A Berlin administrative court similar to courts in the US issued a contrary ruling in the case of three Somalis from Poland to be processed on June 2, 2025. This is weeks, months  after incidents of attacks in Hamburg and other cities when the public resources are already severely strained from migrants.

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British Trade Negotiator’s Conundrum: Can He Actually Make Any Deals?

1 Groups   
WSJ - 10.16.2018 Original article ›
Max Colchester
LyrArc Article Gist
As part of the European Union Brtiain could not shape its own trade deals since the 1970's. The current Brexit standoff leaves little option of changing this. The new Department of International Trade is unlikely to accomplish much even with 400 staffers and a new trade negotiator hired from New Zealand. Britain is likely to remain in the EU trading bloc customs area for many years under the standoff with EU. Countries will wait till Britain finalizes its trade deal with the EU under Brexit. It took Canada 7 years to achieve a trade deal with EU. 

Brexit uncertaintly, split in Conservative Party and Labour Party's agreeing to a second referendum on Brexit mean little progress on trade deals for Britain.

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Original article 5 minutes, gist 1 minute

Airport Referendum Is Early Test for Mexico’s New Government

  
WSJ - 10.25.2018 Original article ›
Anthony Harrup
LyrArc Article Gist
Mexico's newly elected president Lopez Obrador says spending for a new airport was not in the interest of a country with Mexico's social needs. He voted to cancel the project in favor of using a military airbase north of Mexico City and building new runways to complement the existing airport. The aiport project was a key effort by the outgoing administration of Pena Nieto. About $5 billion spent on the airport would be written off, and bondholders holding $6 billion in bonds could ask for payment.

The airport cost originally estimated at $10 billion is now expected to cost $13.3 billion. Mexico City airport handled 44 million passengers last year and the new airport was intended to handle future congestion.

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Original article 5 minutes, gist 1 minute

Amazon Picks New York City, Northern Virginia for Its HQ2 Locations

  
WSJ - 11.13.2018 Original article ›
Laura Stevens, Keiko Morris, Katie Honan
LyrArc Article Gist
New York City and Northern Virgina are selected as the second and third locations for Amazon headquarters. Amazon will evenly split operations for the HQ locations between Long Island City and Arlington County's Crystal City locations. About 25,000 employees will be hired for each location. The location in Northern Virgina is close to Washington Reagan International Airport and metro stops making it appealing. Long Island City was a former industrial neighborhood that is going through a residential housing boom with 16,000 new apartments built since 2006. It is close to airports and subway lines.

Amazon had as criteria for the selection that the locations have flights with easy access for Seattle, job creation impact, and prominence as the main company in the area.

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Original article 8 minutes, gist 1 minute

Brexit Negotiators Still at Odds, Leaving All Options Open

  
WSJ - 11.13.2018 Original article ›
Stephen Fidler In London, Valentina Pop In Brussels
LyrArc Article Gist
A tentative Brexit deal with the EU is reached but it is not clear that it can win support of the Cabinet of prime minister Theresa May, even before it has any chance in the British parliament. March 29, 2018 is the 2 year period for negotiations to arrive at a deal with the EU. The pro-EU transport minister Jo Johnson resigned and called for a second referendum, saying that the decision in the first referendum to leave the EU was made because false prospects had been presented by the Leave EU campaign. 

Because of the issue of Northern Ireland the U.K would remain indefinitely in the customs union, and this is opposed by the Leave EU supporters in the Conservative party government of prime minister May.

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Original article 4 minutes, gist 1 minute

Democrats pushing for Pelosi’s ouster as leader stand down — at least until elections

  
Washington Post - 04.16.2018 Original article ›
David Weigeldavid Weigel
LyrArc Article Gist
With the demands from younger people for a generational change in leadership for both Republicans and Democrats the questions are being raised about Nancy Pelosi continuing as leader of the Democratic Party in the U.S. Congress.

With the departure of Republican leader Paul Ryan from politics there is pressure on Pelosi to follow Ryan and create room for a younger leader. Democrats running for office in the upcoming midterm elections say they will run against both Republicans and Pelosi. This appears to be working. Pelosi has only a 32% favorability rating with 44% viewing her unfavorably. Pelosi is 79 years old and Stenny Hoyer the other Democrats leader is 78 years old, both have lost touch with the new Progressive trends in the Democratic Party.

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Original article 6 minutes, gist 1 minute

Labour suffers mass revolt as 90 MPs defy Corbyn on Brexit

1 Groups   
The Times - 06.14.2018 Original article ›
Sam Coates, Deputy Political Editor | Lucy Fisher, Chief Political Correspondent
LyrArc Article Gist
A vote on Brexit and whether Britain should stay in the EEA (European Economic Area) in the British parliament, has 75 Labor MP's supporting staying in EEA and 15 opposing it. Labor party leader Jeremy Corbyn wanted Labor to abstain in the vote. 

Corbyn and Brexit Shadow Secretary McDonnell are socialists who see the embedding of the capital markets model in the EU as a mistake. They favor full access to the single market area EEA without the obligations of membership. As parliament votes on Brexit there is the prospect that parliament could overturn Brexit and a fall of the government of Theresa May, with opposing factions in each party voting across party lines on the issue of the European Union's relationship with Britain.

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Original article 1 minute, gist 1 minute

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