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

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Wall Street Journal Original article ›
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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.
DW.COM Original article ›
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What is Antifa. during the protests this term keeps coming up, yet no one is really sure what it is.  It started in Germany in the 1920's and basically means anti-fascist or in German antifaschistisch. Most Germany parties from the SPD, CDU and the Greens to other parties accept this as a point of view considering Germany's Nazi past.  Yet DW.com asks is it only referring to all those opposed to fascism in Germany or to black clad anarchists and leftists facing police on German streets. The last such confrontation with police happened in Germany in Hamburg during the 2017 G20 summit. A famous scene from that time is pictured in DW.com. There the meaning becomes complex as the Communist Party of Germany (KPD) adopted the phrase and the disinctinve two flag logo for the 1932 election campaign, in Weimar Germany's last free election, which the Nazis could not win fully but with the left parties split emerged as winner. After the formation of the GDR, the German Democratic Republic in East Germany, the interwar KPD party veterans like Walter Ulbricht came to power in GDR. GDR became part of the Soviet bloc countries during the Cold War and used antifascist in a way that was synonymous with anticapitalism. This same movement then langusihed in the Germany of the early post war years under Cologne's former mayor, Korad Adenauer. In the 1970's and 1980's the left movement revived in Hamburg and Berlin, coalescing with a antinuclear movement and widespread protests against president Reagan's stationing of nuclear missiles on German soil aimed at the Soviet Union bloc. After the reunification the protests against coal, for climate change action, and for anti-globalization. There is even an overlap with anti-Zionism. Germany's internal intelligence agency says the antifa movement is the "main field of agitation" for autonomous leftist groups, with some groups supporting "militant actions." Yet when there are broad uncontroversial protests there can be people from all walks of life, not just the anarchist or far left groups.  So that the protests in the U.S. were met with comments of antifa - Saskia Esken of the SPD saying "58 and atifa. Obviously." To which the General Secretary of the CDU said "Against fascism, and for democracy and human rights. Without violence. Obviously, for me. It's sad that the chairwoman of the SPD lacks the strength to differentiate."  To which Esken says it is only a point of view that antifa refers to, not some action. To which the the youth organization of the Angela Merkel CDU/CSU alliance the Junge Union (founded 1947) replied: " 73 and appalled" getting the final word.  Search for a dictionary and you are left with no clear meaning either. DW.com says Germany's duden dictionary only says antifa refers to the " entirety of the movements and ideologies, which oppose fascism and national socialism."    ...
Wall Street Journal Original article ›
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Comments from readers of WSJ about the interview with Rubin at Citigroup (Ken Brown, David Enrich, NYT, Nov. 29, 2008), and his defense of $115 million in compensation since 1999 on its pages. Readers expressed strong sentiment after the housing foreclosures, bank bailouts, and the shock to the nation's financial system. One reader says history will find Rubin, Greenspan and Barney Frank in the financial scrap heap, another says he is incredulous at the way Rubin condescendingly points to his opportunities to do better elewhere, another says Rubin uses a lot of B school mumbo jumbo like risk book and inflection points and laments the failure of Wall Street executives to take responsibility for errors of judgement.
BBC Sport Original article ›
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Tennis player from Serbia is disqualified for hitting the line umpire with a tennis ball. Djokovic was behind 6-5 to Carren Busta of Spain and lost his serve when this happened. Once before in that match he hit a ball at the stands in frustration. The Organizers of the U.S. Open decided there were clear reasons for him to be disqualified and lose all points he had earned at the U.S. Open. Djokovic had earlier come under criticism for his playing in events where there was no social distancing. Tennis has lost much of the graceful behaviour from the time when players like Althea Gibson, Ken Rosewall and Rod Laver played the game in an earlier era. Too much of the money is focused on prize money, television advertising, star status and number of grand slams won, bringing the game down to a level where the fans enjoying a good game is left behind and focus is all on individual players. The same is true for soccer where so much focus was placed on Barcelona and Messi and the 700 million transfer fee. The message from reality comes from the 7-2 win by Bayern Munich over Barcelona with a traditional approach to the game based on using new players costing far less money, a good dose of common sense and hard work. Coaches at Manchester City and Liverpool, and Real Madrid all attributed their success in the game to hard work and discipline of players, with every player playing for the team and for fans, and not for star status. ...
Wall Street Journal Original article ›
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Efforts by Samsung to separate the operations and management of its chip business which sells to many competitors from its other businesses in television, mobile phones and other products. The current CEO of Samsung Electronics Choi Gee-sung resigns and a new management structure is being set in place. The Chairman Lee Kun-hee will play a greater role when the component and consumer product businesses collide. The heads of consumer product divisions in television and smartphones will no longer report to the new CEO of Samsing Electronics, Kwon Oh-hyun. Kwon has managed the chips business since 2008. Kwon joined the chips business in 1985, and he was one of the leaders for the effort in logic chips in 1998.
NYTimes.com Original article ›
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Gilberto Hinjosa was state head of the Democratic Party in Texas. He resigned and said he would not run for reelection after he said that Democrats should take moderate positions on social issues like transgender. Ken Martin the new head of the Texas Democrats says the party has to show that it is present and give people a sense that we give a damn about their lives. Democrats are seen as paying little attention to South Texas. This report in NYT says Texas is urbanizing and 5 of the 15 largest cities in America are San Antonio, Dallas, Fort Worth, Houston, Austin. Another 2 million population increase in Texas in last 4 years, by 2030 in redistricting 4 more seats in Congress could be added for Texas. For Democrats to be competitive the road runs through Texas says this report in NYT. A lot depends on understanding that Latinos are conservative on cultural issues, immigration border issues affect all people in Texas, Latinos and Whites alike.

BusinessWeek Original article ›
LyrArc Article Gist
The handling of the oil spill by the Obama administration threatens to permanently affect the image of the Obama administration. There may be a spillover effect from BP's ineptness that draws in Obama's and Interior Secretary Ken Salazar's handling of the crisis. The Obama administration relied too much on BP to bring an end to the crisis. And it has not articulated aclear policy for regulation of technologically sophisticated industries like investment banking, deepwater oil drilling and other industries of this type where alot can go wrong. Tough inspections are needed in these industries and strict regulation for the proper operation of capitalism. Financial regulatory reform bills in Congress also have suffered from being whittled down so that strict regulation is far from being a reality to avoid future crises.
New York Times Original article ›
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Kon Wen-je wins the mayoral election in Taipei, Taiwan, by 57% to 41% over a Koumintang party candidate. The Koumintang party prime minister resigns. The vote is seen as a repudiation of the closer trade ties to China pursued by the Koumintang. The wealth of Koumintang candidates, the benefits to Koumintang connected businessmen who benefit from increasing trade ties to China, at a time of higher housing prices and increasing inequality, was also an issue in the campaign. Wen-je ran as an Independent candidate supported by the Progressive Democratic Party. This also suggests the direction for the presidential election for 2016. Taiwan has shown increasing wariness over closer trade ties, at a time when protests in Hong Kong have raised questions about China's committment to western democratic values.
New York Times Original article ›
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Local elections for 181 local councils in Britain in April 2012 show the toll taken on the Conservative party led coalition government of David Cameron from austerity measures and general dissatisfaction with the government. The Conservative party Mayor of London won the election in London over Labor's Ken Livingstone, with a slim majority, largely determined on personality issues. Throughout Britain the Conservatives lost seats in local government. BBC projections with most of the votes counted show Conservative share of the vote dropping from 35% to 31%, Labor moving up from 35% to 38%, and the Liberals remaining at 16%. Labor gained 823 seats, Conservatives lost 405 seats, and Liberal Democrats lost 336 seats. Voter indifference was shown in the voter turnout at 32%, the lowest since 2000, according to the BBC. Cameron said he would continue with his austerity program and cuts in spending, saying "these are difficult times, and there aren't easy answers."
Wall Street Journal Original article ›
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Self reflection by the boomers, born between 1946 and 1964 numbering some 78 million people, who gave commencement speeches this year from Ken Burns, documentary maker, at Boston College, to Democratic Senator Bennet of Colorado at Colorado College, on the mistakes of this generation. Senator Bennet used three figures to make his point about the failure, from 2000 the annual median family income declined in the US by $300, health care costs went up by 80%, and the cost of higher education went up by 60%. By contrast to this the so-called Millenials, born between 1982 and 2001, just want to see what works and get on with it, says Stefanie Sanford, an education expert. One graduate from the University of Kentucky, Julie Meador, a marketing major, is earning $7.50 an hour as part-time sales associate at Gap. Her view is that what she most thinks of is finding a good job, and not thinking of saving the world just yet.
New York Times Original article ›
LyrArc Article Gist
Nocera points out that in a larger sense pay czar Feinberg hasn't accomplished his goal- to change the ethos of the pay culture at banks and companies. $200 million to be paid out at AIG is in contracts for March 2010, and 14 of the highest Citigroup executives still will make $5 million to $9 million each, and Ken Lewis wil still get $70 million in retirement pay, and nothing that Feinberg can do about it. A lot of it has been shoved under the rug. As far as shifting compensation to stock instead of salary, Goldman and Morgan Stanley have already done that and that is a change that is already happening at these banks. But executive compensation will nevertheless be out of proportion and the public angry. Nell Minnow, the co-founder of the Corporate Library, says the only way is to throw the bums out, meaning the board members on the compensation committees. But this is up to shareholders and the job maybe to make it possible for shareholders to do so easily.
New York Times Original article ›
LyrArc Article Gist
How Africans see the Obama trip to Ghana, in places like Kenya and Uganda, and other African countries. Says Olara Otunnu, aformer Ugandan foreign minister, the single line that resonated throughout Africa was the one from the inaugural: "to those who cling to power through corruption and deceit and the silencing of dissent, know that you are on the wrong side of history." The way Africans see Obama is that he is next of kin, a son of a Kenyan goat herder. Otunnu says people were saying, "our son is there, in the White House, God bless us." Says Rep Donald Payne, who heads the House subcommittee on Africa, the Obama adminstration would "concentrate on things that prevent terror, like higher education." The old lens of foreigh policy that veered from near neocolonial to cold warish, to benevolent, now shifts to a genuineness of concern for a continent that has gone through so much and still struggles. Here more than anyplace on earth the words of the Pope that Obama heard in Rome, echo through space, it is time to see other people in other lands not just as neighbors but brothers. ...
Wall Street Journal Original article ›
LyrArc Article Gist
David Wessel says there are three hypotheses about the slow recovery with growth of 1.9% in the first quarter of 2011, estimated growth of 1.4-1.5% for the second quarter. The first, is that this is transitory, with gas prices, Japan's tsunami disrupting supply chians, and Europe's poor handling of the financial crisis. This he scores as wishful thinking. The second, that the stimulus was too small, the need for a second stimulus, or the related hypothesis of the large uncertainty hanging over business, including the debt ceiling negotiations, deficit etc. This he scores as more convincing, but one is not sure different policies would have led to a different situation. The third hypothesis is that the underlying diagnosis of the economy itself was hopeful but flawed and wrong. Hope about the housing market- which has been proved wrong. The same for exports, or consumer spending. Wessel cites Ken Rogoff and Carmen Reinhardt's new book on the afterperiod of financial crises and asset bubbles, with data going back to many historical periods showing that the periods following crises are difficult having protracted periods of slow or marginal economic growth....
Wall Street Journal Original article ›
LyrArc Article Gist
Interview with Atsushi Saito, CEO of the Tokyo Stock Exchange. The TSE is undergoing a period of stress as it sees its second annual loss this year, with a loss of $42.7 million. He sees strong competition from the Hong Kong market, and feels that the Singapore and Hong Kong tax and regulatory environments are more attractive for investors. He does not see the Tokyo Exchange going public at this time. In December 2009 the TSE decided to make it a requirement that there be at least one independent director on the boards of companies or independent auditor to improve governance. He feels that listing requirements though stringent add to credibility of companies. On the rising yen he says the government should show that it will take action to counteract this to discourage speculators, and that the government of Naoto Kan did not act fast enough. He sees the need for Japanese companies to raise return on equity and to improve global recognition. On weekends Saito's passion is his 330 square metres vegetable garden. This is who he is, with a bottle of water and a shovel, always tending his garden on weekends....
Wall Street Journal Original article ›
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Ken Murray, a retired family medicine professor at the University of Southern California, describes how doctors address the option of prolonging life when the prospects of survival improve say from 5% to 15%. The choice is based on the human need to find closure in an atmosphere that gives comfort, a sense of peace and a sense of place with home and family, with hospitals not deisnged to and not able to perform that role. Murray gives the example of his cousin Torch, who he says was born at home by the light of a flashlight, who decides to not choose aggressive treatment, which would have prolonged his life for no more than 4 months. Instead he spent the next 8 months with family and did everything he could do with the 8 months that made for quality of life, rather than just choosing quantity in and out of hospitals. He died peacefully in his sleep. The heroics in and out of hospitals would actually have deprived the patient of the opportunity to reach a sense of closure that comes from the comfort of home, family, and arriving at a sense of peace....
New York Times Original article ›
LyrArc Article Gist
Turkey's relations with Turkmen in northern Syria, and opposition to the bombing of this part of Syria by Russian planes is cited as the reason for Turkey shooting down a Russian warplane in November 2015. Prime minister Erdogan stated this by saying: "we strongly condemn attacks focusing on areas inhabited by Bayibucak Turkmen- we have our relatives, our kin there." Following the incident Turkey provided media with footage showing 10 repeated warnings in the space of 5 minutes to the two Russian planes before Turkish F-16's shot down the Russian plane. The area where the plane was shot down is a small part of Turkey that juts into Syria. This part of Turkey is called the Hatay province, with Turkmen in Hatay forming a republic in 1938 breaking away from the French mandate over Syria set up following the first world war. The following year it joined Turkey. Parts of the Turkmen in Hatay are still in Syria and this is the region Russia began bombing 2 months ago, with Turkey opposing the bombing. Russian president Putin's claim that this is part of the bombing of Islamic State positions is refuted by Turkey's prime minister Davotoglu, who says "No one can legitimize attacks on Turkmens in Syria using the pretext of fighting the Islamic State." ...
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Can Fiat get out new models fast enough to survive the current storm in the industry. Experts say the new Fiat based Chrysler vehicles won't come out till 2011 in the USA market. These include asmall Jepp, asubcompact car and aminicar, with amidsize sedan to follow in 2012. This time lag says Michael Robinet of CSM Worldwide is "an eternity" considering the severe fall in sales and the extremely competitive market today. The cutbacks in prouct development under Daimler and then Cerberus were deep, so deep that Chrysler has eliminated 40% of its engineering staff and delayed or cancelled work pn updating braking systems, interiuor enhancements, and even entire products such as the Jeep Wrangler, say insiders. This makes Fiat entirely dependent on Fiat's technology and engineering in the smaller car area.
Washington Post Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
New York Times Original article ›
LyrArc Article Gist
Vehicle sales in the U.S. market went up by 18% in April 2011. There was a significant shift fuel efficient vehicles and small cars with gasoline running at over $4 per gallon. Sales are running at an annual rate of over 13 million vehicles for the February-April 2011 period. Helping sustain sales momentum is the aging of the U.S. vehicle fleet- average for vehicles in the U.S. is above 10 years according to G.M. vice president, Don Johnson. GM sales were up 27% in April 2011 over the prior year- with only a 2% increase for pickup trucks and a 50% increase in sales for passenger cars. There was strong demand for the Chevy Cruze compact and smaller fuel efficient sport utility vehicles. Ford had a 16% increase in sales, with strong demand for the new Fiesta, Focus small cars and the new lighter version of the Explorer SUV. Ford's Ken Czubay, head of sales and marketing, says dealers are selling the Focus right off the convoy truck, which gives some indication of the shift in consumer preferences. Chrysler vehicle sales increased 23%, with car sales up 41% in April over the prior year. Some indication of the shift can be seen in the incentives dollars- the largest rebates of $3200 were given for large trucks, according to Edmunds.com. At the same time overall dollars per vehicle for incentives dropped from $2600 in April 2010 to $2100 in April 2011. Toyota sales increased by only 1% because of shortages as a result of the earthquake, especially for the smaller cars like the Corollas and the Prius....
New York Times Original article ›
Washington Post Original article ›
LyrArc Article Gist
The Washington Post points out the astounding fact that given a choice Japanese voters would have chosen as the new prime minister, Seiji Maehara, who has a 40% approval rating in a recent poll. Instead finance minister Yoshihiko Noda was chosen by 398 Democratic Party of Japan legislators. His approval rating? Below 5%! The ruling DPJ has a 18% approval rating, and the Liberal Democratic Party has a 15% approval rating! It is interesting to note that a similiar situation exists in other major Asian democracies. In India the ruling Congress party coalition and the opposition parties are deeply unpopular because of a series of corruption scandals involving both parties. In Singapore the ruling party barely scraped through in elections. Many of the Asian democracies have an aging leadership and a new generation of effective leaders has not appeared to make the transition.
New York Times Original article ›
LyrArc Article Gist
The internal divisions in the two main political parties in Japan, the Democratic Party and the LDP. The lack of a coherent base believing in a particular set of ideas in either party.

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