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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.

RIM's Chief is Confident of Blackberry 10 Success

5 Groups   
New York Times - 11.13.2012 Original article ›
Ian Austen, Ian, Austen
LyrArc Article Gist
RIM CEO Thorsten Hein's plans to win over the corporat technology market with the new Blackberry 10 model due to come out Jan 30, 2013.
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Italy’s Center-Left Heads for a Runoff in Leadership

1 Links 5 Groups   
New York Times - 11.26.2012 Original article ›
Elisabetta Povoledo, Elisabetta, Povoledo
LyrArc Article Gist
Matteo Renzi, 37, the mayor of Florence, wins 35% of the vote in primaries for the centre left Democratic party in Nov. 2012. This was a challenge to party leader, Luigi Bersani, who won 44.9% of the vote. Renzi appealed directly to younger voters.
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U-Turn in the U.K.: Big Spending Cuts

4 Groups   
Wall Street Journal - 10.14.2010 Original article ›
Alistair Macdonald, Alistair, Macdonald
LyrArc Article Gist
The 8000 government jobs that are likely to be lost in Longbenton, England, at "the Ministry," work done for the revenue and customs part of the tax agency of the UK. Premier Cameron plans to eliminate 192 independent government agencies. The north-east of England has long been a part of the UK with lower per capita incomes, and the region more dependent on government jobs.
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British Fashion Victims

1 Links 5 Groups   
New York Times - 10.21.2010 Original article ›
Paul Krugman, Paul, Krugman
LyrArc Article Gist
Krugman points out that the loss of 490,000 public sector jobs in Britain, as laid out in British Finance Minister Osborne's plan, is equivalent to the loss of 3 million jobs in the U.S.. He does not see the private sector being able to create the jobs to make up for this loss. He cites Osborne's speech to Parliament, in which he said that "Britain was on the brink of bankruptcy," as a shift in rhetoric of the Cameron government from hope to concern that jobs in the private sector would not materialize.
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Crude Awakening Awaits if OPEC Cuts Output

4 Groups   
Wall Street Journal - 06.11.2012 Original article ›
Spencer Jakab, Spencer, Jakab

The U.K.'s Perilous Path

5 Groups   
Wall Street Journal - 03.23.2011 Original article ›
Richard Barley, Richard, Barley
LyrArc Article Gist
Britain faces many risks as a series of spending cuts are implemented in 2011. Inflation was at 4.4% in February, 2011, above the BOE target of 2%. This increases pressure on the Bank of England's Monetary Policy Committee to increase rates from 0.5%. BOE is widely expected to keep this rate on hold because the inflation pressures are seen as temporary. The Institute of Fiscal Studies estimate is that real household incomes have fallen by 1.6% in 2008-2011. Borrowing by the government was higher in February at 11.8 billion pounds, reducing the deficit reduction in 2011. Slower growth will cut tax receipts and reduce deficit reduction in future years.
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Labour and the budget: We told you so

2 Groups   
Economist - 03.26.2011 Original article ›
Economist.Com

The Budget Battles: The Threat to Medicaid and Medicare

5 Groups   
New York Times - 04.05.2011 Original article ›
Editorial

Who’s Serious Now?

3 Groups   
New York Times - 04.14.2011 Original article ›
Paul Krugman, Paul, Krugman
LyrArc Article Gist
Krugman compares the Republican Ryan Plan and the plan proposed by President Obama for deficit reduction. He also compares the Ryan plan on Medicare and Obama's proposed plan for Medicare.
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Ultimate Spoiler Alert

3 Groups   
New York Times - 04.14.2011 Original article ›
David Brooks, David, Brooks
LyrArc Article Gist
Brooks looks at the Obama and Ryan deficit reduction plans and sees something to like in both plans. He agrees with Ryan that modern medical technologies are becoming too costly to afford- especially with aging populations here and in Europe- and the need for consumers of medical care to shoulder some of the burden to control these costs. He agrees also with Ryan on the need for seniors and the middle class to share some of the burden of rebalancing benefit systems. He agrees with Obama in the need for a balanced approach combining tax increases with spending cuts, and the contribution government can make through targeted investments. He is pessimistic about the chances of bringing the two approaches together taking their best points because of the political climate which is increasingly partisan.
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The Middle-Class Tax Trap

3 Groups   
New York Times - 04.17.2011 Original article ›
Ross Douthat, Ross, Douthat

Apple Sneaks Up on Cheaper PC's

4 Groups   
BusinessWeek - 01.18.2015 Original article ›
Shawn Hasto, Shawn, Hasto
LyrArc Article Gist
Apple increased shipments of PC's like the Macbook Air by 16% in 2014 by reducing prices. PC sales stabilized with growth of 2-3% in 2014. Lenovo and HP have the highest market share followed by Dell, Acer and Apple.
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Original article 1 minute, gist 1 minute

For Pilots, Job Fears Can Deter Disclosure of Illness

1 Groups   
Wall Street Journal - 03.29.2015 Original article ›
Andy Pasztor And Robert Wall, Andy, Pasztor, And, Robert, Wall

Germanwings Crash Raises Questions About Shifting Ideas of Pilot Fitness

1 Groups   
New York Times - 03.28.2015 Original article ›
Erica Goode, Erica, Goode, Jad Mouawad, Jad, Mouawad

Lufthansa Finds Germanwings Co-Pilot’s 2009 Email on Depression

1 Groups   
Wall Street Journal - 04.01.2015 Original article ›
Daniel Michaels, Daniel, Michaels, Stacy Meichtry And Andy Pasztor, Stacy, Meichtry, And, Andy, Pasztor

After Airline Tragedy, New Focus on Mental Health at Work

1 Groups   
Wall Street Journal - 04.02.2015 Original article ›
Rachel Emma Silverman And Rachel Feintzeig, Rachel, Emma, Silverman, And, Feintzeig

Deutsche Bank Leaning Toward Disposing of Postbank

7 Groups   
Wall Street Journal - 04.20.2015 Original article ›
Eyk Henning, Eyk, Henning

France Outflanks, Outrages Renault’s Ghosn

1 Groups   
Wall Street Journal - 04.28.2015 Original article ›
Stacy Meichtry, Stacy, Meichtry, Jason Chow, Jason, Chow, And Sam Schechner, And, Sam, Schechner

New Wave of Leftists Takes Power in Spanish Cities

2 Groups   
Wall Street Journal - 06.15.2015 Original article ›
Matt Moffett, Matt, Moffett

The Bonds That Broke Puerto Rico

2 Groups   
New York Times - 06.30.2015 Original article ›
Mary Williams Walsh, Mary, Williams, Walsh

Hedge Funds Fight to Save Puerto Rico Investments

2 Groups   
New York Times - 06.30.2015 Original article ›
Michael Corkery, Michael, Corkery, Alexandra Stevenson, Alexandra, Stevenson

Japan's Economy Shows Renewed Strength

4 Groups   
Wall Street Journal - 01.31.2014 Original article ›
Takashi Nakamichi, Takashi, Nakamichi, Eleanor Warnock, Eleanor, Warnock
LyrArc Article Gist
Core consumer price index was up 1.3% in December 2013 from the prior year, according to government information. For 2013 the index was up 0.4%, the first increase in 5 years. The Bank of Japan's target is 2% inflation. The ratio of available jobs to applicants increased to 1.03 showing 103 jobs for every 100 job seekers- the first surplus of available jobs since 2007. The jobless rate declined to 3.7% in Dec. 2013, down from 4% in Nov. 2013. A planned sales tax increase to 8% from 5% to tackle the high government debt level goes into effect in April 2014, which is expected to reduce consumer spending.
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Idea of Euro Exit Finds Currency in Portugal

4 Groups   
Wall Street Journal - 05.27.2013 Original article ›
Patricia Kowsmann, Patricia, Kowsmann, Marcus Walker, Marcus, Walker

Critics Decry Risks Posed by Link Between China's Banks and Bonds

3 Groups   
Wall Street Journal - 08.16.2013 Original article ›
Shen Hong, Shen, Hong
LyrArc Article Gist
Risks to China's banking system from the bond market in China. China's bond market has grown rapidly to 25.5 trillion yuan or $4.1 trillion yuan, especialy in the period following the stimulus. But it is not similiar to bond markets in developed countries, the U.S., Japan and France. It has a patchwork of regulators, is closed to foreign investors, and does not offer protections to investors. It also lacks an effective ratings system. Most bonds are held and traded by the banks, which concentrates the risks in the banking system. In developed countries the risks are spread out among investors. Bond markets offer the advantage of reducing dependence on banks for lending but with banks holding most of the bonds in China, including that of local governments, the risks if bond issuers default are concentrated in the banking system.
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Asian Newcomers Drive Immigration

7 Groups   
Wall Street Journal - 09.19.2013 Original article ›
Neil Shah, Neil, Shah

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