World News Insights
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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.

Sberbank Looks to Buy Banks in Eastern Europe

2 Links 7 Groups   
New York Times - 04.13.2012 Original article ›
Andrew E. Kramer, Andrew, E., Kramer
LyrArc Article Gist
Russia's Sberbank is expanding in Eastern Europe by making acquisitions from Western banks withdrawing from Eastern Europe. Sberbank sees the withdrawal of banks from Austria, Portugal and other countries as an opportunity to establish a major presence in Eastern Europe. With the $800 millon deal made in 2011 acquiring Volksbank of Austria's operations in Slovakia, the Czech Republic, Hungary, Slovenia, Croatia, Ukraine, Serbia and Bosnia and Herzegovina, Sberbank is now the largest bank in Eastern Europe with $386 billion in assets. Western European banks are faced with a pullback as they work to meet higher capital reserve requirements and respond to the effects of the eurozone debt crisis. Sberbank now manages $6.9 billion in corporate and individual loans in Eastern Europe.
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'I Can't Eat an iPad'

2 Groups   
Wall Street Journal - 03.15.2011 Original article ›
Wsj Editorial, Wsj, Editorial

Bernanke Recasts His Language on Inflation

2 Groups   
Wall Street Journal - 03.15.2011 Original article ›
Sudeep Reddy, Sudeep, Reddy, Michael S. Derby, Michael, S., Derby

Two Tsunamis

6 Groups   
Wall Street Journal - 03.30.2011 Original article ›
Eric Bellman, Eric, Bellman

French Premier’s Push Toward Center Opens Rift on the Left

2 Groups   
New York Times - 09.15.2014 Original article ›
Liz Alderman, Liz, Alderman, MaÏa De La Baume, MaÏa, De, La, Baume
LyrArc Article Gist
After the resignation of Montebourg as Economy minister, the administration of prime minister Manuel Valls in France moves to the centre and takes up pro-business policies to generate economic growth.
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Will Rising Prices for Some Generic Drugs Never End?

3 Groups   
Wall Street Journal - 11.14.2014 Original article ›
Ed Silverman, Ed, Silverman

Inside Nike's Struggle to Balance Cost and Worker Safety in Bangladesh

7 Groups   
Wall Street Journal - 04.22.2014 Original article ›
Shelly Banjo, Shelly, Banjo

Social Media Fail to Live Up to Early Marketing Hype

7 Groups   
Wall Street Journal - 06.24.2014 Original article ›
Jeff Elder, Jeff, Elder

Center-Left Party Faces Staggering Loss

2 Groups   
Wall Street Journal - 09.28.2009 Original article ›
Marcus Walker, Marcus, Walker
LyrArc Article Gist
The Social Democrats suffered defeat and the lowest share of the vote in any election since 1949. THe SPD got only 23% of the vote down from 34% in the last election. The centre left parties in UK, France, Italy and Poland are also facing serious divisions between balancing social protections and business freedoms in a period of global competition. With its promarket reforms the SPD lost much of its traditional working class base.
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Economy Dives as Goods Pile Up

3 Groups   
Wall Street Journal - 01.31.2009 Original article ›
Kelly Evans, Kelly, Evans
LyrArc Article Gist
GDP of the USA contracted by 3.8% in the 4th quarter of 2008. Excluding the inventory adjustment which is the inventory of products made but sitting on inventory shelfs, the GDP contracted by 5.1%. In the last week of January 2009 there were 70,000 layoffs in the U.S. in all sectors from trucks to technology. 2009 is going to get a lot worse which does not bode well for Detroit automakers and other industries, and for economies overseas like China and South Korea which are heavily dependent on exports, and in turn for Germany which is dependent on the Chinese market.
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The price of a tomato

  
Economist - 06.26.2008 Original article ›
Economist.Com
LyrArc Article Gist
Paying one cent more for every pound of tomatoes picked by farm workers from central America has been resisted by Burger King and other fast food chains and by the Florida Tomato Growers Exchange. Taco Bell and McDoalds have signed up for this increase. The extra cent per pound is the first pay increase workers have received in 30 years. A picker would have to fill 15 of 32 pound buckets an hour to earn Florida's minimum wage of $6.79 even with the one cent increase per pound.
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Original article 2 minutes, gist 1 minute

BP, Libya Sign Exploration Deal

  
Wall Street Journal - 05.29.2007 Original article ›
Chip Cummins, Chip, Cummins
LyrArc Article Gist
BP and the Libyan government sign agreement on a natural gas exploration deal. BP will eventually invest about $2 billion in this deal. Tony Hayward now CEO was head of oil and gas exploration for BP and he personally pushed 18 months of negotiations with Libya before tying up this deal. It helps BP build up its reserve base when it is having problems in Prudhoe Bay and on a project in Russia. See the NYTimes today on the Russian deal in which Gazprom is likely to obtain control.
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Rogaine Seeks Place in the Morning Routine

1 Groups   
New York Times - 01.24.2008 Original article ›
Andrew Adam Newman, Andrew, Adam, Newman
LyrArc Article Gist
Rogaine developed by Upjohn , then sold by Pfizer and now by J&J, was developed for high blood pressure but because of hair growth as a side effect was turned into a baldness drug. It is now sold in a mousse form. It is marketed like something you need to have in the bathroom like toothpaste, use often even if to prevent future baldness. Sales are still only around $46 million after an effort to boost sales. One see this in many other drugs advertising, but is it something you use like toothpaste?
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Honda Quarterly Profit Jumps 38 Percent

2 Groups   
New York Times - 01.30.2008 Original article ›
The Associated Press, The, Associated, Press
LyrArc Article Gist
How does Honda keep increasing sales and profits year after year worldwide? As much as a 38% increase for the 4th quarter 2007, and this with half of its 3.9 million vehicles sales being in the weak North American market. Quarterly sales went up by 10%. Having better made models which customers prefer is one reason- the Odyssey, Civic and Accord and having hybrids and gas saving cars. Honda plans to invest heavily in new technologies such as gas-electric and diesel for fuel economy, and in new hybrids which are affordable.
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Out of puff

  
Economist - 05.08.2008 Original article ›
Economist.Com
LyrArc Article Gist
350 million Chinese, or 26% of the Chinese people smoke, and 1 million people die of smoking related illnesses each year, according to the Chinese Ministry of Public Health. Apparently the smoking levels were higher in Beijing, where the Capital Medical University estimates 34.5 % of the people smoked in 1997, dropping to 23% in 2007. Now hotels, restaurants and bars and internet cafes have to have non smoking areas, and its banned in public bildings. The fine is light, ten yuan or $1.40 for individuals and 5000 yuan for businesses.
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Original article 2 minutes, gist 1 minute

U.S. Reliance on Saudi Oil Is Growing Again

1 Links 5 Groups   
New York Times - 08.16.2012 Original article ›
Clifford Krauss, Clifford, Krauss
LyrArc Article Gist
U.S. oil imports from Saudi Arabia increased by about 20% in 2012, increasing dependence on the volatile Middle East region.
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Central Banks in India and Australia Take Steps to Lift Growth

4 Groups   
New York Times - 02.03.2015 Original article ›
Keith Bradsher, Keith, Bradsher

Japan Trade Figures Highlight Challenges

7 Groups   
Wall Street Journal - 02.07.2013 Original article ›
Eleanor Warnock, Eleanor, Warnock
LyrArc Article Gist
The trade figures for Dec. 2012 show the deteriorating picture for Japan's exporters. This supports the reasoning of the new LDP government of Shinzo Abe to keep the yen down to support exporters. Figures for the full year show Japan was able to maintain a current account surplus of 4.70 trillion yen only because of investment income from overseas. The merchandise trade deficit for 2012 was the highest since 1985.
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The great conjunction of Jupiter and Saturn | DW | 21.12.2020

1 Links 1 Groups   
DW.COM - 12.21.2020 Original article ›
LyrArc Article Gist
See these awesome pictures of the starry skies and the rendezvous between Jupiter and Saturn as seen from earth in December 2020 to remind us of our place in the vast Milky Way and outer space. Jupiter takes 12 years to circle the sun, Saturn 30 years they came this close in 1623. As Giles Sparrow points out in his book "21 Stars in The Milky Way," ther are 200 billion stars, and distances are vast beyond comprehension. Thousands of years for light travelling at 300,000 kilometres a second to get to earth from distant stars in The Milky Way! Think of that and there is so little we know at this time of the pandemic about so many things!

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As Passengers Disappeared, Airlines Filled Planes With Cargo

  
NYTimes.com - 05.25.2020 Original article ›
Niraj Chokshi, Felix Schmitt, Tom Jamieson
LyrArc Article Gist
There is a bright spot for the airlines. Demand for shipping cargo has dropped only slightly by 15%. Also noticed by airline executives is the low prices, for jet fuel at this time, and the surging demand for shipping quickly medical supplies and related products. This combination gives airlines more hope for coming out of this ciris. There are revenues and profits from cargo shipped not only in cargo space but also inside the space that normally is used by passengers. This type of creative solution is what can take us out of this crisis.

American has done 140 flights a week, Virgin 90 flights a week, and Lufthansa a significant number of flights, shipping cargo to international destinations.

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Old Obama acquaintance voices South Side’s disillusionment with his former ally - The Washington Post

1 Links 18 Groups   
Washington Post - 08.17.2012 Original article ›
Michael Leahy, Michael, Leahy
LyrArc Article Gist
Unemployment is over 25% on Chicago's South Side black neighborhoods. Conditions have deteriorated with the higher unemployment since the economic crisis. Residents see little improvement since the days of Obama as a community activist in this part of the city.
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Original article 13 minutes, gist 1 minute

Democratic Dream of Two Blue Coasts? Clinton Is in Striking Distance

15 Groups   
The New York Times - 08.25.2016 Original article ›
Nate Cohn, Toni Monkovic
LyrArc Article Gist
Cohn and Monkovic of the NYT show how the shift of blacks, hispanics, and white collar professionals is doing to the demographics in the eastern, coastal and southern states, and how this will impact 2016 and future presidential elections in the U.S. This includes North and South Carolina, Georgia, Florida, Virginia, and Florida. It means the electoral map may have changed by 2016 and 2020, as the less educated voters in rural areas are balanced by a growing minority and white collar vote in the suburbs and major cities of the South.

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Original article 9 minutes, gist 1 minute

Argentine Presidential Front-Runner Forged His Career in World of Soccer

1 Groups   
Wall Street Journal - 11.22.2015 Original article ›
John Otis, John, Otis

World Isn't Yet Facebook's Oyster

7 Groups   
Wall Street Journal - 07.24.2014 Original article ›
Miriam Gottfried, Miriam, Gottfried

Charlie Hebdo Suspects Dead in Raid; Hostage Taker in Paris Is Also Killed

3 Groups   
New York Times - 01.09.2015 Original article ›
Andrew Higgins, Andrew, Higgins, Dan Bilefsky, Dan, Bilefsky

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