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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.

Pandemic Proves Better for Europe’s Working Moms Than America’s

  
WSJ - 02.26.2022 Original article ›
Joanna Sugden, Isabel Coles
LyrArc Article Gist
Working mothers in the UK and other parts of Europe did better than working moms in the US when it comes to not dropping out of the workplace. Many mothers in the US dropped out as schools closed and businesses closed. In northern and western Europe fewer women left the workforce during the pandemic. In this sense the European policies to protect jobs by paying workers to furlough did better to help mothers keep a foot in employment even as they did home schooling.

Traditional approaches of paying unemployment benefits for longer used in the US did not keep women attached to work, which would allow them to recover more quickly. Much can be learned in the US from this. The proportion of women working actually rose between 2020 and 2019 in Germany, Netherlands and Norway as the government subsidized wages instead of paying unemployment benefits for longer periods.

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Original article 6 minutes, gist 1 minute

When Jimmy Carter met Kim Il-sung and stopped a nuclear war

  
BBC News - 01.12.2025 Original article ›
LyrArc Article Gist
Jimmy Carter visited North Korea during a tense moment in US North Korea relations after US concerns about fuel rods being taken out of Yongbon nuclear development plant in 1994. Through his contacts in China and the US  Carter was encouraged to visit Pyongyang, North Korea to negotiate directly with North Korean leader Kim Il Sung. He did this during the Clinton Administration and negotiated with Kim who this report in the BBC says was keen on settling the dispute with the US that could lead to war in the Korean peninsula. 

Jimmy Carter is seen as a one term president. Yet he accomplished  a lot using his experience as a former president in improving relations with China, and in relations with other countries around the world. This is almost as effective as a second term even more so, and covered a span of 40 years from 1980 to 2020.

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Iran: We do not want nuclear weapons - The Washington Post

10 Groups   
Washington Post - 04.13.2012 Original article ›
Ali Akbar Salehi, Ali, Akbar, Salehi
LyrArc Article Gist
The Iranian view on the negotiations to resolve questions about Iran's nuclear program with the U.S. and European countries in Istanbul, Turkey. This view is from Ali Akbar Salehi, Foreign Minister of Iran.
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Original article 4 minutes, gist 1 minute

U.K. Parliament Rejects Syria Action

5 Groups   
Wall Street Journal - 08.30.2013 Original article ›
Cassell Bryan Low, Cassell, Bryan Low
LyrArc Article Gist
The British parliament defeated a measure put forward by prime minister Cameron for military response to the chemical weapons attack in Syria in August 2013. The vote against British intervention was 285 to 272 with members of his own party and Liberals voting against the measure. The case put forward by Cameron was based on humanitarian grounds, and to prevent the use of chemical weapons in the future. Under pressure from politicians from all parties Cameron decided to put this to a vote in parliament following a debate on Aug. 29, 2013. In calling for the vote Cameron said he was deeply mindful of the deep concerns about Britain's intervention in Iraq in 2003.
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Hollande Backs Action in Syria

5 Groups   
Wall Street Journal - 08.30.2013 Original article ›
David Gauthier Villars, David, Gauthier Villars

Europe Accuses Drug Makers of Padding Health Care Costs

6 Groups   
New York Times - 11.29.2008 Original article ›
James Kanter, James, Kanter
LyrArc Article Gist
The EU's competition commissioner to crackdown on pharmaceutical companies that are delaying the entry of generics drugs with various tactics that are anticompetitive. EU has raided the offices of several marge drug companies and retrieved documents that show this activity was going on. About 5% of medical bills or 3 billion euros coud have been saved from 2000 to 2007, if companies had allowed generics to enter the market earlier and not resorted to these antitcompeitive strategies. Like paying off generics companies or having so many patents on the ingredients of the drug, in one case 1300 patents on one single drug, and then suing the generics companies to tie up the case in the courts.
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Plan B Emerges on Debt

6 Groups   
Wall Street Journal - 07.15.2011 Original article ›
Carol E. Lee, Carol, E., Lee, Janet Hook, Janet, Hook

Where's the Rest of Them?

11 Groups   
Wall Street Journal - 02.09.2012 Original article ›
Wsj Online, Wsj, Online
LyrArc Article Gist
The Journal says Santorum needs to fit his economic point about helping manufacturing into a broader economic policy, and broaden his support base beyond the social conservative base. It says about Romney that he needs to find an authentic message that appeals to conservatives beyond catchphrases about repealing Obamacare. The problem it says is both candidates do not appeal to the whole Republican party. One candidate Romney lacks the fervor and firm convictions and the other Santorum has fervor and firm convictions about social issues, but can't do the same for economic issues and the other concerns of Republican voters.
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U.S. Spy Architecture Pared Back as Part of Patriot Act Expires

5 Groups   
Wall Street Journal - 06.01.2015 Original article ›
Damian Paletta, Damian, Paletta

Meg Whitman: Those Responsible for Autonomy Deal Are Gone

  
Wall Street Journal - 11.20.2012 Original article ›
Meg Whitman, Meg, Whitman
LyrArc Article Gist
Meg Whitman, CEO of H-P, says both the head of strategy, Robison, and the CEO, Apotheker, who made the Autonomy Inc. acquisition are gone. H-P is taking a $8.8 billion charge on the $11.1 billion acquisition made by Apotheker in Oct. 2012. She says normally the team doing the due diligence reports to the CFO, yet in the case of Autonomy the team reported to the head of strategy, which she changed soon after becoming CEO. Whitman was a member of the Board when it approved the acquisition, and she says someone pointed us in the right direction, referring to the whistleblower who pointed out improprieties.
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Russia Seeks Foreign Investment to Fill Budget Gap

8 Groups   
New York Times - 01.24.2011 Original article ›
Andrew E. Kramer, Andrew, E., Kramer
LyrArc Article Gist
To meet the budget deficit Russia plans to issue $50 billion worth of ruble denominated bonds and privatize $10 billion in state assets every year until 2014. Russia is also changing its policy to attract foreign investment. For the first time since the 1998 financial crisis Russia will turn to international banks and pension funds in the US and Europe to maintain financing for a whole range of activities- from modernizing the military to paying high public sector wages. Russia is planning the sale of a stake in state bank VTB. And shares in oil companies, hydroelectric dams and shipping lines are also expected to go on the market.
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Revolutionary Arab Geeks

6 Groups   
New York Times - 01.27.2011 Original article ›
Roger Cohen, Roger, Cohen
LyrArc Article Gist
The Tunisian revollution was middle class, un-Islamic and pro-western. The people in the streets of Cairo are young, connected, non-ideological and pragmatic. They are looking for an end to despotic regimes. This is the way Cohen describes the demonstrators after his visit to Tunis. Egypt's opposition leader El-Baradei tells Cohen's colleagues Kirkpatrick and Slackman that he is pretty sure that an elected government in Egypt woulld be a moderate one. The policies of a community activist from the south side of Chicago, who as US President fails to take a clear stand in favor of freedom from repression and economic freedom for people in the Arab world.
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In Greece, a Brewer'€s Dream Runs Into Frustration

1 Groups   
New York Times - 01.29.2011 Original article ›
Landon Thomas Jr., Landon, Thomas, Jr.
LyrArc Article Gist
The problem of poor competitiveness in Greece which is stifling the economy. A recent analysis by research firm Variant Perception based in London, shows severe pricing distortions in the Greek economy. The cost of labor in Greece from 2005-2010 was, on average, 25% higher than in Germany. And small business is muffled by the bureaucracy and old rules and restrictions. Compared to Greece, Ireland, Portugal and Spain have lower labor costs. This increases the trade deficit for Greece. Greece has one of the highest number of lawyers per capita in the world, one lawyer for every 250 people compared to 272 in the US.
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Stocks Face Dark Side of Gridlock in Capital

3 Groups   
Wall Street Journal - 11.01.2010 Original article ›
E.S. Browning, E.S., Browning
LyrArc Article Gist
The Dow Jones Average in the US went up by 11.3% since August 26, 2010, in anticipation of the Fed's quantitative easing, and the Republican win in the House and a filibuster capable 41 seats in the Senate. But on the eve of the midterm election in the first week of November 2010, the mood is changing. There is considerable concern that the Dow Jones average may have gone too far. Experts question the advantages of gridlock in Washington, especially when strong government action may be necessary in a crisis. And there are questions on how effective the Fed can be this time when the interest rates are already near zero.
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The Trouble With Robo-Lending

1 Groups   
Wall Street Journal - 11.13.2010 Original article ›
Amar Bhidé, Amar, Bhidé
LyrArc Article Gist
Amar Bhide says its time the government demanded that bankers take time to know their borrowers rather than punch in a few numbers into some models on the computer. Especially because the government is now virtually the guarantor of all the obligations of the banking system, including housing loans, and this much is owed to taxpayers. He says the 2300 page Dodd-Frank bill for financial reform sets forth a whole range of new rules, requiring a lot from regulators to write and implement the details, but does nothing to put back the old-fashioned borrower-by-borrower banking prudence that is essential for US economy.
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Can Africa Trade Its Way to Peace?

1 Groups   
New York Times - 12.16.2008 Original article ›
Herman J. Cohen, Herman, J., Cohen
LyrArc Article Gist
An economic solution to the Congolese war between Rwanda and the Congolese government in Kinshashafor the eastern provinces that are a1000 miles from Kinshasha. The proposal is from Herman Cohen who was assistant Secretary of state for Africa from 1989 to 1993. It call for a economic common market for the east African nations of Congo eastern provinces andRwanda, Burundi, Tanzania and Africa that have trading relations through the Indian ocean ports and payment of royalties to the Congolese government for use of forests and lands in the east which are in the proximity of these eastern African countries. The US and the EU have to take the lead.
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Obama Picks Team for EPA and Energy

  
Wall Street Journal - 12.16.2008 Original article ›
Stephen Power, Stephen, Power
LyrArc Article Gist
Obama picks many Californians for his energy and EPA team. Carol Browner Clinton era EPA head takes over as climate change czar at the White House, and Lisa Jackson of New Jersey's Department of Environmental Protection takes on the EPA head position. Steven Chu who heads the Larence Berkeley National Lab will be Energy Secretary. Add Nacy Pelosi, Barbara Boxer and Henry Waxman in Congress all Californians to the team. Colorado Senator Ken Salazar becomes Interior secretary. It will take on a host of challenges in this area to give the US a new energy and environmental protection agenda and policies after years of neglect.
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India Foresees Big Increase in Its Nuclear-Energy Usage

1 Groups   
Wall Street Journal - 10.01.2009 Original article ›
Krishna Pokharel, Krishna, Pokharel, Prasenjit Bhattacharya, Prasenjit, Bhattacharya
LyrArc Article Gist
India gets 4,100 megawatts from nuclear power or only 2.7% of capacity of 152,000 megawatts. It currently has 17 nuclear power plants. THe US-India Nuclear Cooperation Treaty signed in October 2008 wil give abig push to nuclear energy in India. Six new plants will be built. Nuclear power will rise to an estimated 40,000 megawatts by 2020, and Prime Minister Singh said it could generate 470,000 megawatts by 2050. THis week India's Hindusthan Construction Company signed adeal with Amec PLC, a UK engineering and project management company for taking up nuclear energy plants in India. About 500 engineers are eventually expected to work for the company.
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Banco Santander's Brazil Unit Raises $8 Billion in I.P.O.

1 Groups   
New York Times - 10.08.2009 Original article ›
Reuters
LyrArc Article Gist
Banco Santander, Brazil, sold 600 million units at a price of 23.5 reais each, according to a filing with Brazil's regulator. With each unit representing 55 common shares and 50 preferred shares. The offering was increased from a planned 525 million to 600 million units so that investor demand could be met. Santander's US traded stock was priced at $13.50 each. Santander following a series of acquisitions is Brazil's third largest bank after Itau Unibanco and Bradesco, having a 10.2% market share. It is also the largest IPO for Brazil. The growing demand for emerging market securities is evident in the rate at which the Bovespa Brazil Index jumped in 2009.
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What the Future May Hold

1 Groups   
New York Times - 11.17.2009 Original article ›
Bob Herbert, Bob, Herbert
LyrArc Article Gist
A Brookings study points out that in the USA we seem to have forgotten how important a part infrastructure built in the last hundred years has played in our development. Felix Rohatyn points out in his book "Bold Endeavours," that the national infrastructure is falling apart. and Bob Herbert of the NYT casts a look at all the dilapidated infrastructure in the USA from the 70 year old Sann Francisco -Oakland Bay Bridge to bridges over the Mississipi river, and other infrastructure that is coming apart, and asks people to imagine a different world where we are fixing and building things around us. Imagine he says if things looked different.
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Toyota Feels Pinch Along With Big 3 As Sales Dive

1 Groups   
Wall Street Journal - 04.02.2008 Original article ›
Norihiko Shirouzu, Norihiko, Shirouzu, Mike Spector, Mike, Spector, Josée Valcourt, Josée, Valcourt
LyrArc Article Gist
As sales decline in the USA auto industry even the Japanese take a hit. Toyota sales down 10% in March 2008 compared with March 2007 only slightly less than the 12% for the US auto industry as a whole. About one assembly plant worth of idle capacity exists at Toyota. Sales declines at GM and Chrysler19%, at Ford 14%. In fact Shoichiro Toyoda visited Toyota's Indiana plant last October concerned about the idle capacity at the plant. See the link to this and Toyota's senior people like the honorary chairman were concerned about what is happening to Toyota fearing that Toyota may be facing some dangers and was getting complacent.
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Can Cheaper Oil Rev Up Detroit?

  
Wall Street Journal - 10.14.2008 Original article ›
Heidi N. Moore, Heidi, N., Moore
LyrArc Article Gist
Automakers have huge problems servicing debt, with GM servicing $45 billion debt. Also all that inventory in trucks but also cars weighs heavily as cost for automakers, cars 28% overstocked, trucks 13% overstocked, as sales fall according to Credit Suisse analysts. And overseas bright spots are gone with global financial crisis. And Goldman estimates GM will use up $9 billion in 2009, and working capital cash balances need to be $11 to $14 billion. So do lower oil prices matter, not so much for automakers. And Chrysler is a bad choice for merger partner says a Merrill Lynch analyst because of its product and overexposure to the US market.
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In Second Term, Obama Is Seen as Using ‘Hidden Hand’ Approach

12 Groups   
New York Times - 07.15.2013 Original article ›
Peter Baker, Peter, Baker

HSBC Hit by Fresh Details of Tax Evasion Claims

5 Groups   
Wall Street Journal - 02.10.2015 Original article ›
John Letzing, John, Letzing

Yellen Says Job Market Improving, but Noncommittal About Policy Effect

5 Groups   
Wall Street Journal - 08.22.2014 Original article ›
Jon Hilsenrath, Jon, Hilsenrath, Brian Blackstone, Brian, Blackstone

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