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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.


Wall Street Journal Original article ›
New York Times Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
BusinessWeek Original article ›
New York Times Original article ›
LyrArc Article Gist
Preparations and strategies for the final assault on Tripoli, Libya. The move up the Mediterranean coast to seize an oil refinery in Zawiyah 30 miles from Tripoli, after moving through through the Nafusah mountains in the west. All the time cutting off supplies to the capital and pushing the Gaddafi forces back into the open towards Tripoli, where NATO airstrikes were effective. The rebel army was resupplied with weapons from Qatari special forces and many received military training in Qatar. British and French military advisers provided assistance and aerial/satellite photographs. British, French and Qatari troops provided weapons, fuel, medicine and food. NATO airplanes and predator drones attacked targets as the rebels advanced.
New York Times Original article ›
New York Times Original article ›
LyrArc Article Gist
The efforts of Syrian fighters to prevent the Assad regime from using the Abu ad Duhur base for airstrikes around Aleppo. At least 3 MIG aircraft were destroyed. The Syria Free Army fighters are young, lack training, and poorly armed compared to the artillery, tanks and aircraft used by the Assad regime. With sheer determination and using groundcover Jamal Marouf and other men of the Free Syria Army have cut the road from Aleppo to Damascus. Before the war Marouf, 37, from the village of Deir Sonbul, near Jebel al Zawiya, was a construction contractor in Lebanon. The Assad regime responds with artillery attacks on the civilian population in neighboring towns. The Lakhdar Brahimi UN-Arab League mission seems remote to these people on the ground and has made no difference to the scale and violence on civilian populations in Syria. Without the leadership provided by France and Britain in a similar struggle in Libya, and the Obama administration on the sidelines, the young people of Syria are left to fight on their own....
Wall Street Journal Original article ›
Washington Post Original article ›
LyrArc Article Gist
Libyan leader Moammar Gaddafi is killed in a firefight between rebels and Gaddafi's forces defending Sirte on October 20, 2011. Sirte was taken by rebel forces with the help of airpower from French fighter jets as part of a NATO led effort.
BusinessWeek Original article ›
LyrArc Article Gist
Sweden stands as a success story with growth of 5.5% in 2010, and Citigroup estimates expected growth of 5% in 2011. Sweden has significant export growth to the rest of Europe and emerging markets. The Swedish currency has appreciated significantly to 8.76 krona to the euro and 6.52 against the US dollar. Compared to China Sweden has not limited the appreciation in the currency, as the prime minister Fredrik Reinfeldt believes that currencies should be "market valued." The central bank raised the interest rates three times in 2010 to 1.25 %, pushing the krona up by 14% against the euro. Sweden aims to double exports to $310 billion by 2015, according to Trade Minister Ewa Bjoerling. International sales of Swedish companies drive the growth in exports. Truck maker Volvo AB's Asia sales were up 50% in the first 9 months, and Electrolux AB's sales went up by 11% in the fourth quarter.
Washington Post Original article ›
LyrArc Article Gist
Buyers and sellers are living in two different worlds. Sellers living in the past hoping to get a solid deal on their home, and buyers looking into the future and seeing prices declining further, making it difficult to bring them together. This only worsens the difficulties in the housing market. This reporter looks at housing sales and prices in the Washington D.C. area, and sees very cautious buyers.
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Saudis unilaterally cut prices of crude oil without consultation with other members of OPEC at the beginning of Oct. 2014. Saudi oil minister Ali al-Naimi says there is not much point in talking to other members of OPEC as everyone does as they please. The old cooperation between Gulf states Qatar, U.A.E., Kuwait and Saudi Arabia is breaking down with each country backing different rebel factions against the Assad regime in Syria-Iraq. Ali al-Naimi who normally comes in ahead of the OPEC meetings in Vienna, which meet twice a year, arrived this time at the last minute. He said meetings should be conducted only once a year and consulting can be done remotely. The old style when he guided discussion at OPEC meetings is gone. OPEC now produces about a third of the world's oil, has large spare capacity of 3.8 million barrels a day in 2014 or 4% of global oil supply in a crisis, according to IEA. Yet it faces pressures from the increasing shale production in North America and the decline in demand from Asia. Brent crude is at about $92 in October 2014. OPEC production in August 2014 was split as follows- Saudis 9.6, Iraq 3.0, Iran 3.0, U.A.E. 2.9. Kuwait 2.9, Venezuela 2.3, Qatar 0.7, Libya 0.5, Algeria 1.2, Nigeria 1.8, Angola 1.7 (millions of barrels a day, source: OPEC)...
New York Times Original article ›
New York Times Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Under a proposed capital infusion into Peugeot the French government, Dongfeng Motor of China, and the Peugeot family would each control 15% of the company. Dongfeng and the French government would buy new shares of about $7.50 to $8 each, and providing 800 million euros each. The Peugeot family would provide 100 million euros. Currently the Peugeot family controls 25.4% of the shares and 38.1% of voting rights. Earlier GM sold its 7% stake in Peugeot, and Peugeot turned to its partner in China for the capital increase. Peugeot shares declined by 11% to 10.21 euros on Jan 23, 2014, as a result of investor concerns about the prospect of three different shareholders interests. Peugeot expects to use the capital increase for technology investments as it struggles to come out of a prolonged slump in its European markets. One of the conditions made by Dongfeng Motor is that the current chairman Thierry Peugeot be succeeded by an executive not connected to the Peugeot family or the French government....
New York Times Original article ›
New York Times Original article ›

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