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LyrArc brings in selected articles from many of the world's top publications.

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WSJ Original article ›
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About $33 billion new investment in new EV related auto manufacturing in the US in 2023. This follows $37 billion invested in 2022. Many of these plants are in the South from Kentucky to Tennessee.

NYTimes.com Original article ›
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This NYT report on Mohamed Bin Zayed of the United Arab Emirates, who comes from Abu Dhabi one of the 7 emirates in the Gulf Coastal region, is rare and unusual. It provides stories the prince loves to tell that make a point about how he sees the world. Here he tells them to Robert F. Worth, in the only interview Mohamed bin Zayad has ever given to a journalist from US or Europe. It took a year just to get the interview. The title about a Dark Vision is inappropriate as Mohamed Zayad simply reflects what is a British way of looking at things- valuing the Constitution, keeping religion private even its deeply held beliefs and cultural traditions such as Bedouin's practice, and a general tolerance that characterizes British society and similar societies throughout the history of Europe and Asia that were sitting on shipping lanes and practiced trade for a livelihood. It is also important because the other Mohamed, Mohamed Bin Salman of Saudi Arabia is seen as someone influenced by the ideas of Mohamed Bin Zayad of Abu Dhabi. President Biden plans a trip to the region in coming months to continue on building a narrative of development for the region. This provide an insight into the coastal regions that include Gujarat across the Gulf in India, that for centuries traded with the Gulf kingdoms. They have a trading mentality and with it comes a tolerance that is also seen in trading nations such as England. This is what brought Britain to India (and China) says Mohandas Gandhi. Gandhi went so far as to say that if there was trade on the moon you would find a British shopkeeper was first to setup shop there. Zayed has as a minister in his cabinet, a woman who is minister of Tolerance, Sheikha Lubna al Quasimi.  Zayed is unique for three reasons. He has embedded in his views the spirit of tolerance. As Worth puts it in NYT, Zayed has grasped what is true to the spirit of the Gulf region. The country's location on an ancient shipping lane has bred a type of Islam in the Gulf region, that is open to the world and tolerant.  His father Zayed Nahyan's  tendencies to openness and frank demeanor combine with this tolerance to provide a different kind of leadership. His father had the pluralist instincts that combined traditional Bedouin attitudes with a rare liberal mindedness. He died at age 86 in 2004. Zayed bin Nahyan MBZ's father was selected for these very reasons by the British in 1966 to rule the small Gulf kingdom of Abu Dhabi. In 1966, says this NYT report, the country was mostly illiterate, half of all children died during childbirth and one third of the women during childbirth, there was a complete lack of western medicine. Zayed Nahyan's brother was averse to development making the British select Zayed Nahyan at the request of Abu Dhabhi families. These early years shaped Mohamed Bin Zayed's views of how to see the world. Zayed the son loves to tell stories, and this one in the NYT shows how Mohamed bin Zayed the son and Mohamed bin Nahyan the father share a sense of what it means to be human and support all people's aspirations for a better life. This is the narrative in India and the region of 1.8 billion people that extends from India to Indonesia and Vietnam. This was seen at the G7 when leaders of India and Indonesia were invited to meet with the G7 in Munich, Germany and taken as utterly serious participants in the discussions to shape the Free World. To see the difference- UAE has signed agreements to increase trade with India to $100 billion over 5 years and was thanked by prime minister Modi for treatment of 8 million Indian workers in the Gulf region during the pandemic. Saudis are now stabilizing the Turkish and Egyptian economies with aid and providing some of the funding assistance for Siemens to modernize the entire Egyptian rail system with the latest technology over the next 5 years. Projects of this size that have never been undertaken since 1945. Sometime in the 1980's when Zayed was a young military officer having completed training at the Royal British Military Academy at Sandhurst, England, and educated in Scotland, he went to the grasslands of Tanzania. During his visit to Tanzania he went to several villages to see the Masai tribes. When he returned he sat with his father crosslegged on the floor in traditional Bedouin and Asian style and told him about his travels. His father asked Zayed about all the details- the wildlife, the Masai people and their customs, the extent of poverty in the country. After hearing it all his father asked Zayed what he had done for the people he had encountered. In response Zayed shrugged and answered, the people he met were not Muslims. Zayed still recalls his father's reaction, sudden, forceful and indelible from memory. Zayad says his father took a sudden hold of his arm and spoke to him in a harsh tone and stern demeanor- " We are all God's children."     ...
The Times Original article ›
LyrArc Article Gist
Raheem Sterling, Manchester City soccer striker takes England to the quarterfinals of Euro Soccer 2021 with his goal in the game against Germany. In that 2-0 game the second goal came from Harvey Kane.

The Guardian gives this story of Raheem growing up in a difficult neighborhood in Kingston, Jamaica. His mother, a nurse, moved to London after losing his father to gang violence. There he played for teams before he was 14, then moving to Liverpool Club, in the north of England. He showed real determination at an early age, and concern for kids growing up near Wembley stadium where he once lived, who had no chance to watch soccer or participate in the game.

 

DW.COM Original article ›
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The rugged and tenacious spirit of Ukraine's farmers is shown in this DW.com report as they plant grain in wartime and under constant threat of Russian bombs and artillery in the 2022-2023 growing season.

dw.com Original article ›
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Swarnalatha Reddi is a part of a young generation of Indian women engineers joining industry. Click on Original Article to see this video of how Chennai is becoming the world wide hub for electric vehicle technology and manufacturing. Shown here are Swarnalatha as a new e-mobility engineer from a neighboring state who moved to Chennai's Mahindra R&D division. Senior managers at Mahindra and BMW say that the local government is paying particular attention to needs of manufacturing in Chennai.

WSJ Original article ›
The Indian Express Original article ›
WSJ Original article ›
BBC Sport Original article ›
The Guardian Original article ›
LyrArc Article Gist
Boris Johnson 5 million pounds of speeches over 2 years 2022-2024 after leaving office, some with risks of moral hazard.

DW.COM Original article ›
WSJ Original article ›
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Drier weather is affecting wheat production in Europe, India, Brazil and other countries. This is happening as the war in Ukraine and blockade of Black sea ports such as Odessa is affecting supplies from Ukraine. A more than 5% fall in French wheat production is expected. France is the fifth largest producer of wheat after China, India, Russia, and the US. It is the 4th biggest wheat exporter. EU forecasts for wheat are for about 279 million metric tons in 2022-2023 growing season, down 4% because of dry weather. The UN Food and Agriculture Organization FAO says in its twice a year Global Food Report that global grain production including corn, wheat and other grains is expected at 2.78 billion metric tons in 2022 down almost 16 million metric tons from 2021. It is the first decline in 4 years and much of this is from the problems in Ukraine. India has banned wheat exports for food security reasons after the drier weather.  And Russian production of grains faces problems because paying for Russian grains is more complicated. ...
The Guardian Original article ›
LyrArc Article Gist
Financial markets are pricing in 2 quarter point percentage interest rate cuts from Bank of England. But the weaker economic outlook could lead to 4 such cuts creating more room for Labour's Budget as it struggles to fight austerity spending, meet aspirations for better public services and infrastructure and still be seen as responsible in spending goals.  In September 2023 analysts referred to the mini-Truss British budget and the speed with which borrowing costs increased for England as the "moron premium." As debt servicing costs increase in 2025 and less optimism about growth, there is concern that the 9.9 billion reserve that Rachel Reeves had planned after balancing day to day spending with tax receipts to 2029-30 would disappear. The Labour Budget had planned on about 105 billion pounds as debt servicing cost for 2.6 trillion pounds in UK debt as indicated by Office of Budget Responsibility. The 30 year yield is up to 5.3% in Jan 2025 and this could erase the 9.9 billion reserve with higher interest costs. The situation is different from Truss but will need to be watched carefully. ...
WSJ Original article ›
LyrArc Article Gist
Both presidents Biden in 2024 and Carter in 1980 faced high inflation that reduced their popularity, under Biden over 9% and under Carter 13%. Cost of living became a major issue as wage increases did not keep pace with inflation. WSJ attributes the inflation under Carter to policies of Richard Nixon and failure of the Fed under Miller and Volcker to control inflation. It attributes the inflation under Biden to Covid spending and on top of that the Spending under the Inflation Reduction Act and other bills passed to rebuild infrastructure. Biden and Fed's Powell did bring inflation down in 2024, and it had also to do with supply bottlenecks, opportunistic behaviour by retailers in 2022-2023.  A significant weakness for Biden was the Border and failure to act quickly under Homeland Security head Alejandro Mayorkas, against whom the Republicans started impeachment proceedings. Added to this was the continued flow of fentanyl destroying American lives. Another weakness was the unease of parents with policies on transgender. On foreign policy the Obama policy of funding Iran under the nuclear negotiated agreement increased risks for Israel and emboldened Iran. ...
NYTimes.com Original article ›
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Norway has stepped up to meet Europe's need for oil and gas. About one third of the gas consumed in Europe comes from Norway. After the war started Norway increased gas exports by 8% in 0223 shipping more of it by undersea pipelines to Northern Europe. This increased oil and gas exports from $25 billion in 2021 to $125 billion in 2022. Like Saudi Arabia the government owns not only the oil and gas fields but also has large stakes in the companies that extract oil and gas. For a small country bordering Russia with 5.5 million people this put it in a higher status to meet Europe's plea for energy so that it could heat homes and would not have to shut down some of its industrial capacity. And it left no stone unturned to do this. Petoro CEO Kristin Kragseth says that we knew that Norway was always important but we did'nt realize how much. Petoro made $50 billion in 2022 almost three times what it made in 2021. Another of Norway's oil companies Equinor made $75 billion in adjusted earnings in 2022. Political sentiment has shifted too so that climate change that was a priority still is but Norway is willing to increase production for a few years to meet needs of Europe.     ...
BBC News Original article ›
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Changes for US and Asia, EU, to ponder on are happening in Swedish schools. It is back to books in Sweden as digital learning has not worked well so far and reading has suffered in some ways dismally. At younger ages books are better for reading and comprehension than screens. "We're trying, actually, to get rid of screens as much as possible," says the Education Minister. The government uses a slogan "från skärm till pärm,  in Swedish this translates to "from screen to binder". Later in 2026 a ban on mobiles in schools even for educational use goes into effect. Digital acts as a distraction and lessens concentration say teachers. Sweden scores on PISA tests have gone down since 2012. A new curriculum based on books goes into effect in 2028 and 157 million euros will be used for new books in schools. "Reading real books and writing on real paper, and counting with real numbers on real paper, is much better if you want kids to get the knowledge they need," say Swedish education experts consulted for the changes. This is a sea change other nations need to consider doing. ...
WSJ Original article ›
LyrArc Article Gist
Airline flight prices increased in 2022 and 2023. The pricing appears to be unsustainable as business travel has declined. Leisure travel remained strong in 2022 and through summer 2023, but this demand is unsustainable. Prices for travel in the US and to Europe are expected to fall in September and bottom out by early October, says this report in WSJ. Overall prices are expected to come down to 2019 levels as travel comes down to normal levels after pent up demand from the pandemic is released.

The Guardian Original article ›
dw.com Original article ›
dw.com Original article ›
LyrArc Article Gist
Dependence on China increased during the Merkel years to extreme levels. A EU survey shown in this DW.com report shows that of 137 products and services deemed critical, including fields such as renewable energy and health, almost 50% are supplied by China and only 3% by Russia. German foreign takeover laws and acquisition laws are being upgraded only now after years of China's investment in German technology and critical infrastructure  companies. The Merkel administration took a lax approach to protecting German technology and critical infrastructure. A similar situation existed with the Obama administration in the US. New regulations give the German government a veto in all critical mergers and acquisitions. This DW.com report says that today Germany's protected sectors include energy and telecommunications, medical technology, artificial intelligence. The problems  with the previous approach in the Merkel years that showed a complete disregard for protecting vital technologies was that the Economy Ministry in 2016 was not able to stop the full takeover of the flagship German robotics company KuKa by a Chinese manufacturer of dishwashers and refrigerators Midea. In 2018 a Chinese state electric utility company SGCC sought to get a 20% stake in 50Hertz a German electric grid operator which was turned back. Only now with the entry of the Greens under Habeck and Baerbock in government has Germany adopted a clear policy of effective action to protect German technology and critical infrastructure companies. ...
WSJ Original article ›
dw.com Original article ›
LyrArc Article Gist
A look at plant based foods from India, good for the environment and one's health, on World Vegan Day.

WSJ Original article ›
dw.com Original article ›
dw.com Original article ›
LyrArc Article Gist
Dw.com gives this video of Annalena Baerbock handing back the Benin Bronzes to Nigeria in Abuja. Click on Original article to see the video.


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