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Direct From the Editor / On Topics Vital to the Nation

The role of long range planning and industry working with government in securing the US position in rare earths

06/22/2026

Andy Burnham has the potential to achieve what Clement Attlee achieved for Britain in 1945-51

06/22/2026

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.

EADS Posts $1 Billion Loss and Talks of More Job Cuts

1 Links   
New York Times - 11.09.2007 Original article ›
Nicola Clark, Nicola, Clark
LyrArc Article Gist
Every appreciation of the euro by 10 cents costs Airbus 1 billion euros in lost profits. Airbus sells its planes in dollars, yet it incurs half of its costs in euros. During the last year the euros has appreciated against the dollar from $1.46 to about $1.35. Gallois, CEO of EADS (the parent company of Airbus), compares the currency swings to a sword of Damocles hanging over the company. Airbus response will be to find 1 billion euros of savings by 2010 in addition to cost cuts planned earlier. Airbus under Enders will look to aggressive currency hedging, renegotiating supplier contracts and cutting more jobs. Cost overruns of the A400M military transport plane of 1.4 billion euros are affecting EADS financial results, with loss of 776 million euros in the 3rd quarter of 2007.
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German Car Demand Hits New Low as Fuel Costs Rise

1 Links 2 Groups   
Wall Street Journal - 01.08.2008 Original article ›
Reuters
LyrArc Article Gist
The German car market has shrunk 19% vs 1992. Its at 3.148 million new car registrations in 2007, a drop of 9.2% from 2006. The new car market is declining in both Germany and Japan which is why we should see more emphasis on Eastern Europe and Russian market in the European area, and on emerging country markets especially in Asia in the years ahead, a process already underway. Foreign car makers from Europe and the USA will face competition from the likes of Cherry in China and Tata in India with aggressive price competition. The most effiicent and innovative producers will survive because even though these are emerging markets the buyers will be looking for the best design, quality and technology, and will have good knowledge of prices and what is offered by competitors.
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Regulatory Underkill

  
Wall Street Journal - 03.21.2008 Original article ›
Arthur Levitt Jr., Arthur, Levitt, Jr.
LyrArc Article Gist
Former SEC Commissioner Arthur Levitt offers his views on what needs to be done in this mortgage crisis. He calls for more transparency, with FASB ensuring that nothing is kept off company balance sheets like the conduits and SIV's, and for more accountability, with the credit ratings agencies incentives not being subverted by the profit motive, and for accountability from originators and mortgage brokers with tough licensing standards. He calls for more regulation in the interest of quality of American capital markets with merging of CFTC and SEC, and more authority for the SEC. He calls for the Fed, the SEC, the Comptroller of Currency and other regulators to require needed risk management practices and public disclosures, and give them more teeth to ensure quality in capital markets.
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The Krugman Recipe for Depression

  
Wall Street Journal - 11.29.2008 Original article ›
Amity Shlaes, Amity, Shlaes
LyrArc Article Gist
Some thoughts on taking away from the private sector its resources and ability to create or preserve jobs as a matter of concern, as the public sector or government can only create temporary work jobs which are needed but not to the extent where the private sector resources are diverted and it gets compromised. The other matter of concern is spending that does not take into account the impact of higher and higher taxes on the economy. These concerns and the importance to strike the right balance so that new jobs can be created in useful infrastructure and energy spending and at the same time preserving the vitality of the private sector. And not overburden the system with higher taxes by government spending that is not carefully targeted to get best results and wisely done.
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India's Moment of Truth

1 Groups   
BusinessWeek - 12.02.2008 Original article ›
Jack, Suzy Welch, Suzy, Welch
LyrArc Article Gist
Welch believes India will rebound from the Mumbai attacks and it has a bright future ahead of it in spite of the huge problems with infrastructure and the troubles with Pakistan. To rebound India will have to come to grips with India's internal problems from greatly improved security to responsible government and business will have to take the initiative to provide new momentum for growth. He credits India's people with insights, creativity and positive energy and credits its entrepreneurs with indomitable spirit. And he says over the last 20 years India has shown that it can educate managers and front-line workers alike. He sees India's greatest obstacles to progress as not just terrrorism but India itself. Something internal that can be tackled from the inside as India's neigborhood will take some time to change.
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Why Wall St. Donors Are Deserting Obama

1 Groups   
New York Times - 08.30.2010 Original article ›
Andrew Ross Sorkin, Andrew, Ross, Sorkin
LyrArc Article Gist
Obama loses the support of financial executives who do not want to be seen as responsible for the economic failures of recent times and some executives who oppose regulatory initiatives of the Obama administration. Blackstone CEO, Stephen Schwarzman, apologizes for using an inappropriate analogy for the Obama administration's plan for taxes on private equity. He had compared this to the Nazi invasion of Poland in 1939. Somewhat of a serious disconnect between the different parties in this discussion. One reason cited for the disenchantment of financial executives from Dimon and Loeb to Schwarzman, is that Obama was seen as Columbia 1983, Harvard Law, etc, with a similiar background as some of these executives, was thought of as one of them- but not any longer after the heated rhetoric with each regulatory initiative.
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Brexit: What You Need to Know About the U.K.’s Prospective Deal With the EU

  
WSJ - 12.13.2020 Original article ›
Stephen Fidler
LyrArc Article Gist
Everything one needs to know about Brexit. Most questions are answered here during the last minute negotiations on December 14, 2020, in a desperate effort by both sides knowing that no one is going to budge. The effort now is to say look this is going to hurt both sides during a pandemic, the public is going to be angry with the politicians one more time, which will hurt all sides. Britain joined the European Union in 1973 with Ireland and Denmark.

Britain has left the EU legally and politically. It is in a transition period till Jan 1, 2021 by which time the remaining questions on trade, on economic relations and security need to be resolved. This covers $800 billion in trade between Britain and the EU. If nothing happens to settle these issues Britain after Jan. 1 will no longer be part of the EU single market or its customs union. 

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Original article 11 minutes, gist 1 minute

SEC Tries to Rebuild Its Reputation

10 Groups   
Wall Street Journal - 09.12.2013 Original article ›
Jean Eaglesham, Jean, Eaglesham
LyrArc Article Gist
The S.E.C.'s failure to build a deterrent against future reckless financial activities- that damages the financial system and hurts the public interest- through effective enforcement. Efforts to rebuild its reputation under S.E.C. chief Mary Jo White.
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Can Nardelli Help Chrysler?

  
Wall Street Journal - 08.07.2007 Original article ›
Wsj Print, Wsj, Print
LyrArc Article Gist
Skepticism about Nardelli, will Six Sigma work, depends on what it means, what it means as stated here is optimizing revenue per worker and this means cutting the workforce as at Home Depot under Nardelli. Isn't Six Sigma about quality? Is there some misunderstandig about Six Sigma or was it distorted in implementation? Writer questions Nardelli's record with labor and asks about the talks with the UAW.
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Will J.P. Morgan Seek to Dump Debt?

  
Wall Street Journal - 03.19.2008 Original article ›
Lingling Wei, Lingling, Wei
LyrArc Article Gist
As part of it s deal to buy Bear Stearns JP Morgan gets $16 billion in commerical real-estate loans largely from the Blackstone deal to buyout Hilton Hotels and Stearns being the lead firm to sell $8.4 billion of the loans as bonds in a commercial mortgage bond offering. The Fed's gurantee upto $30 billion will protect JP Morgan for these commercial type liabilities.
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Oil Majors Say U.S. Restrictions Delay Iran Projects

  
Wall Street Journal - 05.30.2008 Original article ›
Benoît Faucon, Benoît, Faucon, Roshanak Taghavi, Roshanak, Taghavi
LyrArc Article Gist
How sanctions are affecting oil majors like Shell and Repsol and Total in efforts to bring new technology to Irans South Pars gas field. This delays efforts to convert Iranian gas into LNG as GE turbines cannot be used and other technology cannot be used.
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Bernanke's Legacy at Fed: Still a Lagging Indicator

3 Groups   
Wall Street Journal - 12.13.2011 Original article ›
Jon Hilsenrath, Jon, Hilsenrath

In South America, a Mine of Riches and an Economic Sinkhole

5 Groups   
New York Times - 09.11.2010 Original article ›
Alexei Barrionuevo, Alexei, Barrionuevo
LyrArc Article Gist
Chile and the dilemma of copper exports taking up 57.8% of exports in 2009, from 54.4% in 2005, making 15.5% of GDP. With the surge in China's growth Latin America remains as tied to commodities exports as it has been for decades, facing boom and bust cycles and not able to diversify into value added and industrial products. A regional economic commission says in a report, that Latin American and Caribean exports were over 50% in raw materials in 1980 and declined to 27% in 1999, and back up to 39% in 2009.
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RIM CEO Heins on BlackBerry's U.S. Delay and Marketing Costs

7 Groups   
Wall Street Journal - 01.30.2013 Original article ›
Will Connors, Will, Connors
LyrArc Article Gist
Blackberry CEO Heins is interviewed by the WSJ's Will Connors in January 2013 during the launch of the Blackberry 10 touchscreen smartphone.
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In Reversal, Neighbors Squeeze Russia's Gazprom Over Natural-Gas Prices

12 Groups   
Wall Street Journal - 05.02.2013 Original article ›
James Marson, James, Marson, Joe Parkinson, Joe, Parkinson

Migrants in Germany Fleeing Poverty Find Only a Ticket Home

1 Groups   
New York Times - 09.28.2015 Original article ›
Katrin Bennhold, Katrin, Bennhold
LyrArc Article Gist
Only refugees from war zones are eligible for asylum in Germany. People coming from the Balkan countries looking for better job opportunities are being sent back home in September 2015.
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For Small Wisconsin Manufacturer, Drug Violence Stole Mexico's Allure

3 Groups   
Wall Street Journal - 10.07.2011 Original article ›
Wsj Online, Wsj, Online

Keeping the Gold in Goldman

6 Groups   
Wall Street Journal - 01.19.2012 Original article ›
David Reilly, David, Reilly

BNP Paribas Profit Falls 51% on Greek Debt Writedown

6 Groups   
New York Times - 02.16.2012 Original article ›
David Jolly, David, Jolly

SocGen Net Dives, Misses Forecasts

7 Groups   
Wall Street Journal - 02.17.2012 Original article ›
Noémie Bisserbe, Noémie, Bisserbe

King Salman of Saudi Arabia Names Mohammed bin Nayef Next in Line of Succession

3 Groups   
New York Times - 04.29.2015 Original article ›
Ben Hubbard, Ben, Hubbard

A Saudi Royal Shake-Up With a Goal of Stability

3 Groups   
New York Times - 04.29.2015 Original article ›
Ben Hubbard, Ben, Hubbard, Neil Macfarquhar, Neil, Macfarquhar

Young Saudi Royals Rise as Kingdom Tries to Assert Regional Leadership

3 Groups   
Wall Street Journal - 04.30.2015 Original article ›
Ahmed Al Omran And Asa Fitch, Ahmed, Al, Omran, And, Asa, Fitch

Saudi Arabia’s Celebrity Oil Minister Ali al-Naimi Prepares for Potential OPEC Swan Song

3 Groups   
Wall Street Journal - 06.04.2015 Original article ›
Summer Said And Benoit Faucon, Summer, Said, And, Benoit, Faucon

Volkswagen Vote Loss Signals Difficulty Ahead for Union Organizers

2 Groups   
Wall Street Journal - 02.15.2014 Original article ›
Melanie Trottman, Melanie, Trottman, Kris Maher, Kris, Maher
LyrArc Article Gist
Workers at the VW plant in Chattanooga, Tennessee voted 712 to 626 in Feb. 2014 to reject membership in the UAW union. This makes it more difficult for the union to make inroads in the Southern states. In an unusual step VW- cooperating with the IG Metalls union in Germany- let union organizers into the plant for over a week and cooperated with the UAW to setup the election. VW wanted to setup a works council, a committee of employees which gives management feedback for running of the plant, similiar to ones operating in Germany.
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