LyrArc Article Gist
This WSJ report looks at NATO armies and the case of Sweden where conscript selection picks out 10% of the most motivated and healthy recruits including women. It is considered in employment as companies look for such recruits who have served for a period then joining the reservists. 

LyrArc Article Gist
Brexit negotiation guidelines from the EU rule out parallel talks on both Britian's future relationship with the EU and the separation agreement negotiations, preferring a phased approach. Only when the first phase of separation is complete or at an advanced stage would the second phase of future relationship with the EU be negotiated. The EU Council president, Donald Tusk, says the process would be long, complex and at times confrontational. Der Spiegel online writing on the negotiation describes the approach in a meeting with the lead German negotiator Mr. Oettinger, on the team of Michael Barnier who leads the negotiations for the EU- Oettinger focussed on what Britain owes the EU, estimated at over 60 billion euros. So far apart are the British and EU positions that Michael Barnier has no idea on the pathway for these negotiations, only awareness of the priorities such as the rights of EU and British citizens in each others region, says Der Spiegel. Looking at Theresa May speaking in parliament about her decision to move forward with Brexit in a letter to the EU invoking Article 50, one senses a mixture of confidence and nationalist appeal, far different from reality on the ground. The Leader of the Opposition cited government figures for a sharp decline in GDP as a result of Brexit, and the Scottish leader in parliament went so far as to say the government attitude in negotiations made "Scottish independence inevitable"- all headwinds Theresa May appears to be ignoring or treating with disdain. At this time the EU and the British prime minister appear to be talking over rather than to each other.   ...

LyrArc Article Gist
Charts of foot traffic in retail stores show traffic is back up in home improvement stores but lags in electronics and apparel. Apparel is well below levels below the pandemic with stores closing. E commerce sales in September were up by 45% compared to same period 2019, with this making up 16% of all U.S. retail sales.Weekly foot traffic in the U.S. is down 14% in September compared to one year ago.

Clothing stores have the lowest employment rate with a decline of 29% as of July, and this is where stores have closed the most with job losses permanent.

 

LyrArc Article Gist
The Guardian describes the lopsided nature of economic progress in Poland that has led to uneven development for different sections of society. This has led to the existing political situation in Poland.

LyrArc Article Gist
Obesity in the US is as high as about 40% in West Virginia, Louisiana, and Oklahoma. It is lowest about 25% in Colorado, Vermont and Hawaii. About 22 states have obesity rate over 35%. Compare this with China which is seeing obesity increase from about 15% in 2023 to 20% in 2034. Real competition between the two countries starts with areas like health care coming out of the pandemic when looking at the true interest of both peoples instead of geopolitics creating a huge distraction from problems of health, climate change and education. Meat intake has tripled in China and a return to more vegetable and fruits and ancient grains is something that is needed badly, also helping tackle climate change. The states in the South and midwestern US have higher rates of obesity followed by northeast and western states. This includes in the South Kentucky, Georgia, Texas, Alabama, Tennessee, South Carolina, Mississippi, Arkansas. In Midwest it includes Ohio, Indiana, Wisconsin, North Dakota, South Dakota, Iowa and Kansas. It is useful to note that this is in Voice of America news which is aimed at an overseas audience and this kind of information is not seen widely in US media. Robust food programs ae needed especially for people living in poverty. Health consciousness needs to be emphasized in all aspects of life and worklife, workspaces, living locations and transportation options all need to be devised around this. Bussel of the Robert Woods Foundation says even ten years back no state had over 35% of the population being obese. Clearly headed in the wrong direction with all the discussion in media run by billionaires on everything but what most affects the quality and ease of living of ordinary people. ...

LyrArc Article Gist
Jordan Pickford tells Kelly Sommers of the BBC about his start at Sunderland, his training in lower leagues, and the start at Everton. He says it is not about clean sheets, he concentrates on each game. The England goalkeeper show humility in this interview and works hard for every game, with dedication and learning to improve.

LyrArc Article Gist
The Economist cites a think tank that says about 600,000 young educated Kashmiri adults are jobless. Kashmiri religious and political leaders worry that their youngest followers might take up radical positions. The violent insurgency has so far subsided but is now replaced with stone pelting and hartals (strikes). The fear is that the influence of moderate leaders such as Mr Geelani, who is in his eighties, will be replaced with leaders who would reignite tensions and an insurgency. Dr Mushtaq Margoob, of the psychiatric hospital in Srinagar, talks about the throngs of patients with stress and anxiety, with the youngest the most damaged. He sees "a collective anger, a traumatized generation." A three man team, comprising 2 academics and a journalist, was sent by the central government to Kashmir to prepare a series of reports by talking to all sides in the conflict The team has proved ineffective as the members do not carry political weight to influence decisions. A Wahhabi organization, al Hadith is using Saudi funds to establish itself as a strong welfare, religious, and cultural force. The non-muslim minority in Kashmir sees al Hadith as bringing Saudi Islamization to a region long known for its Muslim's religious tolerance, building community centres, mosques, schools and clinics. Are there creative better ways to bring peace to Kashmir and redirect the resources India has to commit to the region, Pakistan has to commit to its border with India, and the U.S. has to commit to its ground war in Afghanistan. For now India is locked into a silence about Kashmir in international discussions, Pakistan is playing out its own "security objectives" in Afghanistan, and the U.S. is locked into its anti-terrorism objectives in Afghanistan. Only by connecting all these dots can peace and redirection of resources be achieved. The U.S., Pakistan and India, would come up with a creative solution only if each side finds itself pushed to the point where continued commitment of resources is no longer tenable because of economic crises, or the US and the Western alliance see the need to pull South Asia together to act as a balancing element in Asia in relation to China and Japan; and push for negotiations with an offer of stronger economic ties. ...

LyrArc Article Gist
Analysts at Citigroup predict that Bank of America might record a$3.6 billion loss for fourth quarter 2008. It appears that Bank of America may have overreached in acquiring 2 troubled firms Countrywide and Merrill. WIth $25 billion in TARP funds already given to Bank of America, Bank of America has informed Treasury that without additional funding it may not be able to complete the acquisition of Merrill. Treasury and Bank of America are negotiating these additional funds. Meanwhile Goldman Sachs analysts estimate worsening losses from the credit and financial crisis. Losses says Goldman economists could reach $1.1 trillion from residential mortgages alone up from $780 billion earlier estimate. Adding in losses from commercial real estate, credit cards, auto and business debt could send this figure up to $ 2.1 trillion. And bad overseas loans of US institutions would be additional to this. Not surprisingly Fed Chairman Bernanker would like to see much of the second half tranche of $350 billion in TARP funds ging to stabilize the financial system....

LyrArc Article Gist
Melbourne enters a tight stage 4 lockdown after a state of disaster is declared in the state of Victoria. Curfew is from 8 pm to 5 am. Victoria had 671 new cases daily on one day over the weekend. In Melbourne residents can shop and exercize only within 3 miles of their homes. Only one person from each home can shop and only once per day. Restaurants, bars, cafes, gyms are closed. The new lockdown actions will last 6 weeks.

LyrArc Article Gist
Jim Yardley of the NYT provides this exceptional and detailed report on Pope Francis, his roots in Argentina, and how he approaches issues of injustice, poverty, and capitalism. Pope Francis brings change to the Catholic Church through his humility and a humbler Church to millions of people around the world, especially in developing countries. Yardley points out that Francis challenges the attention paid inside the church to doctrine, and the bishops paying too little attention to "spiritual worldliness" and the needs of ordinary people. Coming at a time of increasing social and economic disparities, decline in upward mobility in the western world, failures in governance by political authorites and business leaders, the words resonate in a deeper way. This report traces the story to its early beginnings in Buenos Aires, Argentina, to immigrants from Piedmont, Italy, in 1927, fleeing the Mussolini fascist regime for a land of new opportunity. As Archbishop Bergoglio in Buenos Aires he created a group of priests who worked and lived in the slums of Buenos Aires, and he made regular trips to the poorer areas of Buenos Aires. He does not embrace ideology say people who know him from the Argentine experience, but focusses on the native peoples and culture, rejecting colonial legacy, in a faith where the poor and ordinary people are central to this idea of Christianity, far from intellectuals and political manipulation. ...

LyrArc Article Gist
France showed zero GDP growth in the second quarter of 2012 compared to the first quarter, according to the national statistics office Insee. French president Hollande will have to raise 33 billion euros in spending cuts or higher taxes to reach the target for the budget deficit of 3% of GDPin 2013, according to a July report of Cour des Comptes, a body that audits public institutions. This will be harder now that the slowdown globally is leading to expectations of slower growth than the 1% growth forecast used in the audit. French president Hollande has so far received good marks from analysts and financial markets. French borrowing costs have reached new lows especially in short term maturity bonds where bondholders are lending money at zero interest rates, partly because of the flight to safety from Italian and Spanish bonds.

LyrArc Article Gist
India is a frugal innovator producing satellites for space at a fraction of the cost. NASA sent Maven, a probe to Mars for $671 million, it cost India $74 million to send an orbiter to Mars. Yet India as one of the few space exploring nations has only 3% of the market. Invest India, India's investment promotion agency says this will increase to 10% by 2030. In March India's NewIndia state owned space agency sent three dozen space satellites for OneWeb into space after launches by Russia were stopped. In 2023 the US is the largest by far in the space sector economy. China and Russia are also in this space.

LyrArc Article Gist
The U.S. experienced a net increase in jobs of 69,000 in May. The average for the March-May 2012 period is 96,000 jobs, which is down from the figure of 245,000 net jobs added in the previous three months December- February 2012. Increasing auto sales did not increase jobs by much- only 12,000. Job gains were in health care, transportation and warehousing, with cutbacks in construction and at the local government level.

LyrArc Article Gist
Even after bankruptcy of Takata, this WSJ article points out that the job of replacing 54 million defective airbags in just the U.S. could go on and on for many years. Honda the carmaker most affected has set aside $4.9 billion over 2 years to cover recall costs. The airbags failed because of manufacturing defects.

LyrArc Article Gist
John Lipsky, a deputy managing director of the IMF from the U.S., gives reasons why the U.S. should support IMF reforms that increase representation of emerging market countries in the G-20. Lipsky was at the IMF 2006-2011.

LyrArc Article Gist
The difficulties faced by U.S. presidents in their second term, making the second term look different from the first, with difficulty getting talented individuals to join and stumbles in policy or actions. The stumbles by Roosevelt in cutting spending at the wrong time, in trying to stack the Supreme Court with his choices as justices, the scandals of Watergate and the the Lewinsky affair for Nixon and Clinton, the accumulating financial bubble under George W. Bush and deregulation failures, and a similar lack of progress for other presidents. A particular problem in the U.S. is the election cycle that makes the incumbent president a lame duck by the beginning or middle of the third year as the country moves on. By the third year of Truman's second term the country had moved on and the fatigue effects were felt in the country. By the time he leaves a president is quickly forgotten- president Adams quietly left town as Jefferson took over with stark differences between the two; Truman quietly left for Independence, Missouri, as Eisenhower took office; Hoover left office to go into obscurity and a sense of failed policy as Roosevelt took over. Woodrow Wilson was very sick during the last years of his second term a fact not known to the rest of the country. In most situations the world and the country has moved on, the aura of an incoming president in his first term is gone. Most of the successor policies to shape the future, organization and creating a talented core of support are taking place during the second term and lame duck period of the existing president, with a new vision of the future being shaped and new realities anticipated....

LyrArc Article Gist
Robert Kagan makes the case for continued leadership of the U.S as a champion of liberal democracy and free trade, as the view that it will just happen in a multipolar world of China, India, the U.S. and Europe, is not credible. The existing democracies- India, Brazil, Turkey, S. Africa, Australia -are weak and lack the experience to provide this leadership. India and China could easily end up in rivalry in a multipolar world. This has implications for today. The U.S. cannot provide this leadership as a services economy- it needs a strong manufacturing base to do this. Lessening inequality was a hallmark of the progress made in the 20th century, and especially the six decades since World War II when the U.S. clearly exercized this leadership. The progress to European unity was another hallmark of these six decades. A healthy Japan was also part of this.

LyrArc Article Gist
The Affordable Care Act subsidies are basically a band aid approach to a fundamentally broken health care system in the US, says Washington Post Editorial Board on Nov. 1, 2025. The 22 million ACA subsidies will cost $350 billion over 10 years. Democrats have the government shutdown over this issue of extending Obama ACA subsidies where enrolment increased in the covid and Biden years with generous subsidies. The Washington Post looks at how we got here since 1945, decisions made about employer insurance plans that created a patchwork of plans from private sector and other plans outside it with perverse incentives and inefficient subsidies. It calls the system stupid, and politicians looking to the next 2 year midterm elections wary of addressing the whole problem in the proper way for a system that will benefit all the people of the US.

LyrArc Article Gist
Nirmala Sitharaman, the Finance Minister, says India's approach to pandemic aid appears to be the right one because it avoided handouts that have in the form of large stimulus packages in the US and Germany, created high inflation. India's focus was on providing food for weaker members of society during the pandemic.  The basic idea behind the approach was to conserve capital, and use increased GST tax revenues in such a way that capital could be concentrated where it would deliver the most in projects that would take India forward in infrastructure and development for 2042. This is essentially the approach taken by first, Japan, then South Korea, then China, in becoming advanced industrial nations, increased revenues and capital concentrated on projects that would deliver in terms of industrial progress such as infrastructure, today in climate change renewable energy, and other actions. Gati Shakti integrates this into a Master Plan for the country for 2042. ...