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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.

Banks' Critic Poised for FDIC Post

2 Groups   
Wall Street Journal - 11.18.2011 Original article ›
Victoria Mcgrane, Victoria, Mcgrane
LyrArc Article Gist
Mitch McConnell, Republican U.S. Senate minority leader from Kentucky, recommends the nomination of Thomas Hoenig, as vice chairman of the FDIC. Hoenig, the former head of the Kansas City Federal Reserve Bank, has consistently pointed out the danger of financial firms that are "too big to fail."
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Mamata Banerjee personifies populist force in Indian politics - The Washington Post

1 Groups   
Washington Post - 05.21.2012 Original article ›
Simon Denyer, Simon, Denyer
LyrArc Article Gist
The ruling Congress party led coalition government has depended on regional political parties for support. Since winning elections over a BJP led government, the Congress party in India has depended on an alliance with Left and Marxist parties, then an alliance with regional parties from Tamilnadu, and now an alliance with the regional party of Mamata Banerjee in W. Bengal. Following three decades since independence in 1947, when the Congress party under Nehru and Indira Gandhi generally won large majorities in parliament, the situation has changed to where regional party support is needed for either the opposition BJP party or the Congress party to form a coalition government. This has reduced the flexibility of the coalition governments in setting policies to encourage foreign investment in the growing economy.
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Original article 7 minutes, gist 1 minute

Shell, Bruised by Big Bets, Warns of Profit Miss

11 Groups   
Wall Street Journal - 01.20.2014 Original article ›
Justin Scheck, Justin, Scheck

Barnes & Noble Pulls Back After Losses In Tablet Wars

9 Groups   
Wall Street Journal - 06.26.2013 Original article ›
Jeffrey A. Trachtenberg, Jeffrey, A., Trachtenberg

Sales of BlackBerry's Q10 Keyboard Phone Fall Flat

6 Groups   
Wall Street Journal - 08.29.2013 Original article ›
Will Connors, Will, Connors, Thomas Gryta, Thomas, Gryta

German Politician Meets With Snowden

4 Groups   
New York Times - 10.31.2013 Original article ›
The New York Times, The, New, York, Times
LyrArc Article Gist
Hans-Christian Strabele, the longest serving member of the parliamentary committee overseeing German intelligence meets Edward Snowden in Moscow in late October 2013. He is accompanied by German investigative journalist, Georg Mascolo. Strabel was looking into the possibility of Snowden testifying on the NSA spying in Germany's parliamentary investigation.
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Hard Math in Oil Cuts Splits OPEC

  
New York Times - 10.11.2006 Original article ›
Jad Mouawad, Jad, Mouawad
LyrArc Article Gist
OPEC ministers debating 1 million barrel reduction in production. Disagreement over how cuts should be distributed among members. Saudi Arabia, although very influential, has remained silent due to upcoming mid-term US elections. OPEC output has grown to 30 million barrels a day, the highest level in over 25 years. Additional article titled "OPEC Approves Cut to Output by 1 Million Barrels" for similar insights.
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Europe Turns to Coal Again, Raising Alarms on Climate

  
New York Times - 04.23.2008 Original article ›
Elisabeth Rosenthal, Elisabeth, Rosenthal
LyrArc Article Gist
Italy is converting most of its power plants from natrual gas to coal. Germany which also has banned nuclear power plants is also moving to coal plants. The will be clean coal plants except that when it comes to carbon dioxide emissions the technology still is not available for these plants. So experts say the global warming issues are going to get worse before they get better.
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Migration and Euro Pose Similar Challenges for Europe

1 Groups   
Wall Street Journal - 09.11.2015 Original article ›
Stephen Fidler, Stephen, Fidler

What Google’s Alphabet Spells for Investors

4 Groups   
Wall Street Journal - 10.23.2015 Original article ›
Dan Gallagher, Dan, Gallagher

Societe Generale Matters Beyond France

5 Groups   
New York Times - 08.12.2011 Original article ›
Louise Story, Louise, Story, Liz Alderman, Liz, Alderman

Feds End Criminal Inquiry on Mozilo

1 Groups   
Wall Street Journal - 02.19.2011 Original article ›
John R. Emshwiller, John, R., Emshwiller

Countrywide Loses Michael Winston’s Whistle-Blower Suit

1 Groups   
New York Times - 02.19.2011 Original article ›
Gretchen Morgenson, Gretchen, Morgenson
LyrArc Article Gist
The experience of Michael Winston, a former executive of Countrywide Financial. Winston acted as a whistleblower at Countrywide warning of the actions that led to crazy lending at the peak of the subprime mortgage boom. He was fired when Bank of America acquired Countrywide. He recently won a lawsuit for wrongful temination, the jury awarding him $3.8 million in damages.
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With New Capital Rule, Fed Nudges Big Banks to Shrink

1 Groups   
New York Times - 12.09.2014 Original article ›
Peter Eavis, Peter, Eavis

Why the US fears Russia is hacking its presidential election - BBC News

1 Links 12 Groups   
BBC News - 10.11.2016 Original article ›
LyrArc Article Gist
The BBC's security correspondent looks at the cyber espionage being conducted from Russia during the U.S. presidential election. The U.S. director of national intelligence has pointed to the Russian government as the source of hacking into U.S. databases. U.S. intelligence officials say this is intended to interfere with the U.S. election process in some way. It follows hacking into the DNC database of the Democratic Party.

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Original article 4 minutes, gist 1 minute

The trigger: Mohammad Zatareih lines up refugees in rows of five in Budapest. | ZEIT ONLINE

6 Groups   
ZEIT ONLINE - 08.30.2016 Original article ›
Zeit Online Gmbh, Hamburg, Germany

Growth in Germany Neared Zero at End of ’09

8 Groups   
New York Times - 01.14.2010 Original article ›
Jack Ewing, Jack, Ewing

Poverty in China: Just a little bit richer

4 Groups   
Economist - 04.05.2015 Original article ›
Economist.Com

Focus of Nigerian Fraud Inquiry Shifts to Prominent Swiss Banker

7 Groups   
Wall Street Journal - 05.11.2006 Original article ›
Charles Fleming, Charles, Fleming, Russell Gold, Russell, Gold
LyrArc Article Gist
About $2 billion estimated by the Nigerian government is the amount stolen by military ruler Abacha from the central bank between 1993-1998. The Swiss government agreed to return $458 million of this to Nigeria in September 2006. Desperately needed development funds have long been diverted from the oil wealth of Nigeria into private accounts. Note the present government has made some progress in the area of fighting corruption. Also note that much more needs to be done for development in places where oil is produced like the Niger delta, and these problems have resulted in the shutdown of oil production in the area, affecting world oil prices.
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Weak Oil Prices Curbing Production

11 Groups   
Wall Street Journal - 04.13.2016 Original article ›
Bill Spindle, Bill, Spindle
LyrArc Article Gist
Energy Aspects, London based consultancy, estimates non-OPEC production declines of 700,000 barrels a day, up from previous forecasts of 200,000-300,000 barrels a day. Demand is expected to be higher than supply by June 2016, and drawing down inventory from that time. Agreement to freeze production is uncertain at a Doha meeting of OPEC countries, with Iran planning to increase production from 3.1 million barrels a day currently to 4 million barrels a day. Saudis increased production to 10 million barrels a day in 2015, and Iran is determined to increase its production to the higher level. The price of U.S. oil rebounded to $42.17 by April 2016.
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The great betrayal

9 Groups   
Economist - 04.29.2016 Original article ›
Economist.Com
LyrArc Article Gist
This editorial in the Economist says Brazilians deserve a chance to vote in a new general election for a new government that will tackle problems- including overspending that hurts growth by increasing debt, and the deep seated corruption in the political system. But knowing the history of this parliament and the political parties it says this is unlikely. Brazil will be left to deal with the problems under a weak government that does not have the confidence of voters to take needed action. Eventually an election will occur and voters will have an opportunity to choose a new government. Voters should grasp that opportunity to opt for better governance.
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Original article 5 minutes, gist 1 minute

The mystery surrounding the Paris bomber with a fake Syrian passport - The Washington Post

3 Groups   
Washington Post - 11.18.2015 Original article ›
Anthony Faiola, Anthony, Faiola
LyrArc Article Gist
The 2015 budget for the European Union borders agency Frontex was increased by 17.5% from 97 million euros to 114 million euros, yet it remains underfunded with the huge influx of refugees through Greece and from Turkey. For 2016 the budget increases by 54% to 176 million euros. It is based in Warsaw, Poland. It does not have its own border guards, planes and ships, which are provided to it by the member states of the EU and paid for from its budget. It was not deisigned to address a problem of this magnitude at EU borders and some new form of the agency needs to be developed.
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Have a little more patience with Mr Mukherjee

1 Groups   
Economist - 07.09.2009 Original article ›
Economist.Com
LyrArc Article Gist
Inida' slowdown from 9% to 6.7% growth rate is mainly the result of lower private consumption says the Economis, as the contribution to growth of private consumption dropped by half in 2008. Which is why it sees the handouts to consumers through tax cuts and welfare spending making sense in the short run, even as India's finances are stretched. After a 36% increase in government spending in this budget, the fiscal deficit is estimated to be 12% in 2009, including "off-budget" items. Increasing the efficiency of the fertilizer subsiies by putting it directly in farmer's hands instead of fertilizer makers is a priority, as this takes up 1.5% of GDP.
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Original article 3 minutes, gist 1 minute

Euro-Zone Cuts Face World of Pain

1 Links 2 Groups   
Wall Street Journal - 06.08.2011 Original article ›
Richard Barley, Richard, Barley
LyrArc Article Gist
Barley points out that the Euro-zone austerity plans in Greece, Ireland, Portugal, Spain, the U.K. and other countries are coming in the context of a potential global slowdown. This will make it even harder for these countries to reduce debt and deficits. Greece had to make cuts and tax increases equivalent to 8% of GDP just to reduce the 2010 deficit by 5% after GDP declined more than expected according to the IMF. To reduce debt ratios nominal growth has to be higher than the average interest rate on debt. Its hard to see this happening and debt not increasing in some Eurozone countries.
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Stark Scenario: Resignation Spurs Germans' Euro Fears

4 Groups   
Wall Street Journal - 09.10.2011 Original article ›
Marcus Walker, Marcus, Walker
LyrArc Article Gist
Though the German public opposes a "transfer union," bailouts of EU countries, and fear a weakening of the euro, there is also support for the European Union. Most of Germany's political leaders and business elite see the euro as good for Germany. And nearly two thirds of Germans agree that Germany can only prosper inside a strong EU, according to the ARD poll. Yet the same proportion of Germans oppose bailouts of troubled countries such as Greece. This suggests that the way forward will have to be the development of mechanisms that ensure fiscal discipline throughout the EU to back up the euro currrency, and agreement on enforceable sanctions.
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