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How Britain under Andy Burnham can recover with India (Commonwealth) and rise up to its potential

06/23/2026

The role of long range planning and industry working with government in securing the US position in rare earths

06/22/2026

Andy Burnham has the potential to achieve what Clement Attlee achieved for Britain in 1945-51

06/22/2026

Browse Articles or use Lyrarc's US patented "Groups" and "Links" for new insights. A Lyrarc Group of Articles on a topic gives insights into particular angles shown in the Group Title. A Lyrarc Link shows more specific insights for 2 articles.

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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.

Mexico’s truth, from Mr. Calderón - The Washington Post

5 Groups   
Washington Post - 10.01.2012 Original article ›
Editorial
LyrArc Article Gist
Felipe Calderon is President of Mexico till Dec. 1, 2012, when Enrique Pena Nieto takes office. He describes the priorities for the next administration at the Mexican cultural center in Washington D.C. The first is to allow foreign investment in Mexico's oil industry. His efforts to do this were watered down in Mexico's Congress. The renewal of the ban on assault weapons in the U.S. is another priority, as 80% of the 150,000 weapons confiscated by Mexican law enforcement were bought in U.S. gun shops. Calderon's says he worked hard in his term of office to make Mexico "a rule-of-law state."
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Original article 3 minutes, gist 1 minute

For Mexican voters gripped by fear, few good choices - The Washington Post

12 Groups   
Washington Post - 10.02.2012 Original article ›
Nick Miroff, Nick, Miroff, William Booth, William, Booth
LyrArc Article Gist
The situation in Tampico, Mexico, with corruption, crime and dangers to public safety, show the problems Mexico is still grappling with to ensure a rule-of-law state right next to the U.S. The paradox is that of a breakdown in public safety with Calderon's war against drug gangs undermined by corrupt police and local government, and the continued foreign investment in the country. DuPont is investing $500 million in a new plant near the port of Tampico and South Korea's steel manufacturer POSCO is planning a $300 million investment to double production in this area.
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Original article 7 minutes, gist 1 minute

Puerto Rico Races to Rescue Its Pension Fund

3 Groups   
New York Times - 11.26.2012 Original article ›
Mary Williams Walsh, Mary, Williams, Walsh
LyrArc Article Gist
Puerto Rico's main pension fund for 250,000 government workers is only 6% fundeed and is expected to run out of money by 2014. Another pension fund for 80,000 teachers is only 20% funded. Puerto Rico faces problems with lack of economic growth, widespread tax evasion. The economy has gone through a five year recession. A new government was elected in 2012 which promised not to layoff government workers and teachers and find ways to fund pensions. Electronic receipts are now made a requirement for financial transactions to ensure sales taxes are collected. There are risks of a downgrade in credit ratings.
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San Diego's Civic Organist Survives to Welcome Another Year

  
New York Times - 12.26.2011 Original article ›
Jennifer Medina, Jennifer, Medina
LyrArc Article Gist
In a year of budget cuts San Diego's civic organist, who plays the outdoor organ in Balboa Park, has her contract renewed for another 10 years. Carol Williams plays the organ for free concerts Sunday afternoons at Balboa Park. The outdoor organ is one of the largest of its kind in the world. It is completing 97 years. The organist has been on the city payroll for close to a century. Of the $250,000 budget for the concerts, the Spreckels Organ Society gets $42,000 from the city of San Diego, $30,000 from members, and gets the rest from donations and grants.
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The Great Retirement Rethink

1 Groups   
BusinessWeek - 10.27.2011 Original article ›
Elizabeth Ody, Elizabeth, Ody
LyrArc Article Gist
Good practices for planning retirement in today's environment. Delaying retirement and working longer is important to increase the amount of money available for retirement, especially in today's low return environment. Avoiding increasing the ratio of stocks to bonds and cash beyond the 40% that has become an established practice is important say experts. The 4% rule for withdrawals after retirement should be modified to 3% because of uncertain returns in today's environment. Delaying Social Security adds 8% each year to monthly benefits, says one expert, making this an important and necessary practice in planning for retirement for all Americans.
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Original article 1 minute, gist 1 minute

Cuomo Pushes Teacher Evaluations

1 Links 6 Groups   
Wall Street Journal - 01.18.2012 Original article ›
Lisa Fleisher, Lisa, Fleisher
LyrArc Article Gist
New York Governor Cuomo gives unions and the state's Education Department 30 days to settle a lawsuit brought by teachers. The lawsuit delays job performance evaluations for teachers which include student test results. Cuomo said the alternative was for him to pass new legislation requiring this. He gives school districts 1 year to implement the new system using the framework setup by the state or loss of $805 million in state aid. Cuomo said: "No evaluation, no money. Period." This money comes from the Obama administrations Race to the Top education program which provides additional funding to states that make such improvements.
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Euro Zone Economy Shrank in Fourth Quarter of 2011

5 Groups   
New York Times - 02.15.2012 Original article ›
Jack Ewing And David Jolly, Jack, Ewing, And, David, Jolly
LyrArc Article Gist
The EU statistics agency Eurostat reported that the eurozone countries GDP declined by 0.3% in the 4th quarter compared to the third quarter of 2011. The decline for Germany was 0.2%. For Italy the decline was 0.7% over the prior quarter according to Istat, the Italian statistics agency. Spain 0.3% decline over the prior quarter. France experienced 0.2% growth over the prior quarter with larger exports by Airbus and more business investment. Italy plans cuts to military spending reducing aircraft purchases, buying 90 instead of 131 Lockheed F-35 fighter jets. Only France and Slovakia showed quarterly growth.
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New Jet Export Rules Praised

1 Groups   
Wall Street Journal - 12.23.2010 Original article ›
Daniel Michaels, Daniel, Michaels, Doug Cameron, Doug, Cameron
LyrArc Article Gist
Government agencies such as the Export Import Bank charge airlines for their guarantees. The new agreement reached through the OECD in Paris, replaces the fixed fees with charges that follow prevailing interest rates. The previous subsidy deal in 2007 has been updated in this way. Airlines use the export credit financing to lower their cost of borrowing and increase their access to loans. Participating governments, including the US, the EU, Japan, Canada and Brazil, aim to approve the deal by Jan 20, 2011. Russia's Sukhoi Superjet 100 and the ARJ21 regional jetliner in China, will be exempt from the new rules.
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Profits Face Headwinds

2 Groups   
Wall Street Journal - 01.10.2011 Original article ›
Paul Vigna, Paul, Vigna, John Shipman, John, Shipman
LyrArc Article Gist
High unemployment and sluggish growth in hiring-only 1.1 milllion jobs added in 2010 and only 103,000 in December 2010, according to the Labor Department- will restrict profit growth. Industries such as airlines, food, construction and telecom that lagged the recovery, will continue to face difficulties. Airlines face higher fuel prices and labor wage pressures. Standard and Poor's expects profits for the S&P 500 Index companies to reach a 3 year peak in the ist quarter 2011, then move lower for the next 5 quarters. Earnings reached $22.62 a share for these companies, up 29% from one year ago.
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Downturn's Ugly Trademark: Steep, Lasting Drop in Wages

4 Groups   
Wall Street Journal - 01.11.2011 Original article ›
Sudeep Reddy, Sudeep, Reddy
LyrArc Article Gist
The longer the recession, the lower the wages on the next job and the quality of work in the next job, says Columbia University labor economist, Till von Wachter. It may take years for the wages of these workers to catch up to what they were before the recession. From 2007 to 2009, more than half the full time workers who lost jobs they had held for more than 3 years, and then found full time work by early 2010 reported wage declines, according to the Labor Department. About 36% reported the new job paid at least 20% less than the earlier job.
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Spain Comes to the Aid of Its Banks

2 Groups   
Wall Street Journal - 01.25.2011 Original article ›
Christopher Bjork, Christopher, Bjork
LyrArc Article Gist
Spain's finance minister, Elena Salgado, says the state backed Fund for Orderly Bank Restructuring, will acquire direct equity stakes in the Cajas, Spain's regional banks, for upto 5 years. The Bank of Spain's preliminary estimates of the capital needs of the banking sector are below 20 billion euros, according to Salgado. The Spanish government will raise the Tier 1 capital requirements for all banks to 8% and will inject capital into lenders that do not meet the new requirements. The moves are designed to reassure investors who lack information about the true financial condition of the cajas.
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U.N. Food Price Index Hits Record High

1 Groups   
Wall Street Journal - 02.03.2011 Original article ›
Sameer Mohindru, Sameer, Mohindru
LyrArc Article Gist
The UN Food Price Index published by the UN's Food and Agriculture Organization, went up for the seventh consecutive month to 231 points. The index is up 3.4% from the prior month. The index measures the monthly change in international prices of a basket of food items. The cereals price index went up by 3%, and is at a 30 month high of 245 points, and the Oil and Fats Price Index went up 5.6% to 278 points. Adverse weather around the globe from Russia and Ukraine to Australia and Argentina has affected foord exports and prices.
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Booming economy, government programs help Brazil expand its middle class

1 Links 5 Groups   
Washington Post - 01.03.2010 Original article ›
Juan Forero, Juan, Forero
LyrArc Article Gist
Brazil's growth is seeing a surge in the size of the middle class. Since 2003 about 32 million people have entered the middle class and 20 million haven risen above poverty, in a country of 198 million people, according to the Center for Social Policies at the Getulio Vargas Foundation, a Rio policy group. Marcelo Neri, the foundation's economst says 8.5 million jobs were created since 2003 and an active social policy has been pursued in one of South America's most unequal societies.These policies provide food assistance to the poor and low interest credit for first time buyers and small business owners.
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Bulk of Stimulus Spending Yet to Come

  
Wall Street Journal - 02.17.2010 Original article ›
Louise Radnofsky, Louise, Radnofsky
LyrArc Article Gist
Most of the $180 billion in infrastructure spending in the stimulus plan will be spent in 2010 and 2011. Only $20 billion was spent in 2009. This includes money for rail lines and water projects. But this will not make adent in the jobless numbers because much of that work is mechanized, and the unemployment rate is expected to continue moving upwards. In all only one third of the $787 billion for the Stimulus that was approved has been spent in 2009. According to IHS Global Insight the ramped up stimulus spending could contribute 1.4 percentage points to GDP in 2010.
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Calm Academic Tries to Tame Nigeria’s Electoral Chaos

1 Links 2 Groups   
New York Times - 08.31.2010 Original article ›
Adam Nossiter, Adam, Nossiter
LyrArc Article Gist
Attahiru Jega, Vice Chanellor of Bayero University, Kano, Nigeria, is the new head of Nigeria's Independent National Electoral Commission with responsibility for the first fair election in Nigeria's history. He has to come up with an entirely new list of voters for a country of 70 million, and very little time to do this. The task involves tens of thousands of computers with finger printing technology and video to be used in 12,000 polling stations, training 360,000 workers, and all this in a country where electricity is mostly generated by private gas powered generators and transport links are poor.
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Paying for higher education: The cap fits

1 Groups   
Economist - 11.11.2010 Original article ›
Economist.Com
LyrArc Article Gist
The new coalition government in Britain has cut direct state funding for teaching in universities by 40%. The current cap on tution fees of 3,290 British pounds a year will be removed The universities Minister, Mr Willetts, suggested a cap of 9000 pounds a year. Students pay after graduation and after earning more than 21,000 pounds, at a rate of 9% of income above that level. Graduates in future will pay 3% interest above retail price index of inflation, compared to zero percent before this. But the interest rate drops to zero if the graduate loses his job or enters lower paid work.
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BP, plaintiffs reach Gulf of Mexico oil spill settlement - The Washington Post

1 Links 5 Groups   
Washington Post - 03.03.2012 Original article ›
Steve Mufson, Steve, Mufson
LyrArc Article Gist
BP reports a deal with the Plaintiffs Steering Committee in March 2012 to settle the lawsuit over the 2010 oil spill in the Gulf of Mexico by paying an estimated $7.8 billion. BP will pay the settlement from the money remaining in the $20 billion escrow account setup for this purpose. This includes $2.3 billion for losses suffered by the Gulf seafood industry. The rest of the money will go for economic claims and medical claims. Money will be provided for next 21 years for health related claims, and $105 million will go to healthcare in Gulf areas.
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Original article 4 minutes, gist 1 minute

James Q. Wilson

1 Groups   
Wall Street Journal - 03.03.2012 Original article ›
Editorial
LyrArc Article Gist
The U.S. will miss the insights and ideas of James Q. Wilson as it comes to grips with today's social and political problems. Wilson provided some of the ideas that helped solve the problems of decay in American cities in the 1980's and 1990, especially his idea of "broken windows" as an approach to handling law-breaking. Regarding change Wilson always kept in mind the law of unintended consequences and the risks involved. In his later years he sutained his belief in human beings as moral creatures, with his book "Moral Sense." Wilson died recently of leukemia, at 80.
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Point Man on Pensions

1 Links 3 Groups   
Wall Street Journal - 04.22.2012 Original article ›
Susan Carey, Susan, Carey, Michael Corkery, Michael, Corkery
LyrArc Article Gist
Josh Gotbaum, head of the U.S. Pension Benefits Guaranty Corporation and the reorganization of American Airlines (AMR). Gotbaum's strong response made AMR reverse its decision to shift $9 billon in pension liabilities to PBGC, which would have increased PBGC's current deficit by one-third. PBGC is funded by insurance premiums paid by companies sponsoring private sector retirement plans. It has handled 10 pension defaults since 2002- nine in the airline and steel industries. It deficit stood at $26 billion in Sept. 2011, up from $23 billion the prior year. PBGC funds retirement benefits for 1.5 million people, and sends out 800,000 checks.
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From 'Caveman' to 'Whale'

1 Links 11 Groups   
Wall Street Journal - 05.20.2012 Original article ›
Gregory Zuckerman, Gregory, Zuckerman
LyrArc Article Gist
Questions raised about whether the bets made by trader Iksil of the CIO at JP Morgan Chase were made to hedge risk, or to simply engage in proprietary trading for the bank in the hope of making large speculative profits. Bets made earlier by Iksil made large profits, but were simply speculative trades that increased bank profits. In late 2011 Iksil made a $1 billion bet that some companies would default on their debt in a few months. When American Airlines filed for bankruptcy protection Iksil's trades made about $450 million for Chase. But the trade had little to do with hedging risk.
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U.S. Auto Sales Keep Rising

2 Links 13 Groups   
Wall Street Journal - 06.02.2012 Original article ›
Jeff Bennett, Jeff, Bennett, Neal E. Boudette, Neal, E., Boudette
LyrArc Article Gist
U.S. auto sales in May 2012 increased by 26% over the prior year. Toyota sales were up 87% to 203,000 bringing its market share up by 5 percentage points to 15.2%. Honda's sales were up 48% to 134,000, according to Autodata. Overall seasonally adjusted sales were up from the 11.7 million vehicles in 2011 to 13.8 million vehicles in May 2012. Ford's sales were up to 216,000, with a 30% increase in sales of F-series pickup trucks. A cause for concern for Ford would be the 35% of sales in May to rental companies and fleet buyers.
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Budget Deal Deeply Cuts High-Speed Rail Program

3 Groups   
New York Times - 04.12.2011 Original article ›
Michael Cooper, Michael, Cooper
LyrArc Article Gist
The future of high speed rail in the U.S. is uncertain. Only $10 billion was approved for high speed rail upto now, and this money was spread over projects throughout the country. $8 billion was in the original stimuls program and $2.5 billion was aprroved for 2010. Additional money will be needed to complete projects that are planned. The new 2011 budget deal agreed to between Republicans and the President shows no money in 2011 allocated for high speed rail. One section of the bill calls for taking $400 million out of the $2.5 billion approved in 2010.
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South Africa Faces Credit Scrutiny Amid Blackouts

8 Groups   
Wall Street Journal - 12.14.2014 Original article ›
Patrick Mcgroarty, Patrick, Mcgroarty
LyrArc Article Gist
South Africa suffers from power shortages reducing output at metals and engineering firms. The electricity supplier Eskom has a large $20 billion funding gap and has cash shortages. About $230 million is owed by South African cities which collect payments. IMF estimates are for slower growth with a ceiling of 2.5% with the dire power situation. Growth in 2014 is estimated at a mere 1.4%. The government of president Zuma is not seen by experts as effective in tackling the economy and problems at Eskom. Moody's has cut Eskom's debt to junk status making it difficult to attract financing. Foreign investment is declining.
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Germany Faces Tricky Quest Countering Russian Propaganda

3 Groups   
Wall Street Journal - 01.28.2015 Original article ›
Chase Gummer, Chase, Gummer
LyrArc Article Gist
Germany's news and culture broadcasting service Deutsche Welle for listeners overseas was started in 1953. Its charter is to promote "democratic values," and "free exchange between peoples." It broadcasts in 30 languages and reaches 100 million people. The German government has increased its budget by 9.3% to 294 million euros, with new bureau in Kiev and planned expansion of the English news service. A new multimedia English language service DWNews will be launched in April 2015. The German language service faces uncertainty as it is not part of the expanded service, and Deutsche Welle has seen shrinking budgets for the last 15 years.
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BT Seals $19 Billion EE Deal

4 Groups   
Wall Street Journal - 02.06.2015 Original article ›
Simon Zekaria, Simon, Zekaria
LyrArc Article Gist
BT Group PLC acquired mobile company EE from Deutsche Telekom of Germany and Orange SA of France for 12.5 billion pounds in cash and stock. EE is the UK's largest mobile company and BT Group the largest fixed line telecom company. With this acquisition BT Group can now bundle fixed line, mobile lines, and television services, to increase subscriber revenue. Deutsche Telekom with a 12% stake is now the largest shareholder in BT Group. Orange will have a 4% stake. The acquisition provides BT Group with a faster 4G network and 30 million EE customers, 24.5 million direct mobile and 834,000 broadband.
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