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Tariffs and the Supreme Court Articles

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.


NDTV.com Original article ›
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Ram Nath Kovind is selected by the BJP party as its candidate for President of India. Kovind is a lawyer practicing before the Delhi High Court and the Supreme Court, former member of the upper house Rajya Sabha for 12 years. He was appointed Governor of Bihar in 2014.

Wall Street Journal Original article ›
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A three judge panel of the Fifth Circuit Court of Appeals votes 2 to 1 supporting a legal challenge by 26 states for having a high probability of success. The ruling requires that the executive order of Nov. 2014 by U.S. president Obama on immigration not be enforced till the Supreme Court rules on it. This means continued uncertainty for the millions of undocumented immigrants in the U.S. granted a path to legal staus under the Obama executive order. Opinion polls show the public opinion is divided on this issue.
The Wall Street Journal Original article ›
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This report in the WSJ shows Cubans lacking water for washing, sanitation, and having electricity blackouts or electricity for only 4 hours a day. Cuba lacks money to buy oil. The economy has long been shown to be frozen in the past without the technological change seen in other countries in the developing world. It shows the only model that works is one of good governance, access to US and European capital and technology for modernization, close relations with the US, building domestic knowledge base and engineers for  modernization, as sine qua non essental conditions in the Modern World since 1950. China and India tried under Mao and Nehru under socialist regimes but failed. The Monroe Doctrine is not for the US, it is an essential pre condition for countries in the western hemisphere on which the other essential conditions are laid to create modern societies. China and India with the essential conditions achieving modernization under Modi and Deng and his successors. It is true that Cuban dictator Batista's regime was a bad one in the 1950's, yet the answer is not to put in its place or as a reaction to this an idealistic version which like human nature is prone to corruption and decline, but build on sound and firm ground foundations tsuch as these essential conditions and sine qua non that stand the test of time and are good for the American continent. ...
The Wall Street Journal Original article ›
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The US is deploying enough military assets to prevent the use of Venezuela for drug trafficking through the Caribbean to the US. The USS Iwo Jima and the USS Stockdale are part of this effort. Also the use of MQ-9 Reaper Drones and F-35B fighter jets. A Marine Expeditionary Unit is active today in the Caribbean making it clear to all nations that the US will not tolerate drug trafficking to the US that makes the US less safe and destroys lives of young people in the US.

The Wall Street Journal Original article ›
The Wall Street Journal Original article ›
NYTimes.com Original article ›
The Washington Post Original article ›
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The Maduro government and its predecessors caused the largest refugee crisis in the history of Latin America. The opposition leader won the last election in 2024 and the results were not respected by the Maduro regime. About 8 million people, a third of the country were turned into refugees, and inflation reached over 300% making life difficult in a nation with abundant oil resources. Millions of Venezuelans crossed the Mexican border into the US during the Biden administration, aggravating the migration crisis, and leading to the defeat of the Democrats and a plan under the Republicans to tackle migration. This included the return of Venezuelans in the US and in other parts of Latin America including Peru, Chile, to their home country. Much of Venezuela's infrastructure and public services has "rotted" and the cost of living makes life extremely difficult for all Venezuelans. Venezuela is an example of what happens under utopian socialist schemes, and how military and inept governance can ruin a country blessed with natural resoures.     ...
WSJ Original article ›
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GE Vernova turbine maker Ford Motor and Dollar General retail replace Apple Tesla Google in stock market growth in June 2025. This is a healthy sign for the US economy.

Lower growth of 0.8% in the first two quarters was expected as the US recalibrates its position in the world economy as a manufacturing powerhouse. Inflation is moderate even with tariffs says Fed chairman Powell -close to 2.4-2.8 percent. Unemployment is low, with no layoffs and companies waiting to invest with the 3B Big Bold Beautiful Tax Cuts Bill provisions on expensing investments 100 percent provision. The attention is not on tariffs as agreements with UK will be followed by EU and Japan. Attention is on the Tax Cuts Bill compromise of Senate and House versions.

The Hindu Original article ›
The Wall Street Journal Original article ›
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Kuwait oil production cut as storage fills up March 2026. Fewer tankers are making it through the Straits of Hormuz. Huge inventory on tankers in ocean waters and the added supplies from Venezuela help relieve the pressure on oil supplies as Iranian oil production stops. The US allows India to get Russian oil for 100 days in this special situation of war in the Middle East region. 

Ministry of Foreign Affairs People's Republic of China Original article ›
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US-China relations shift from adversarial to peaceful cooperation after the Busan meeting in South Korea in October 2025 between Chinese leaders Xi and Wang Yi. This is how the Ministry of Foreign Affairs of PRC presented the meeting- a turning point in relations. In April 2026, 6 months later it appears that this is certainly the case as shown in the WSJ Analysis in the adjoining article. Both leaders have decided that they will avoid any actions that disrupt peaceful cooperation and maintain friendly relations in anticipation of the May 14-15 visit to Beijing of DJT which will be followed by a trip by Xi and Wang Yi, He Lifeng to the US. The spirit of cooperation is reflected in this statement- "China will host APEC 2026, and the U.S. the G20 summit next year. The two sides can support each other in making both summits productive to promote world economic growth and improve global economic governance. President Trump said that it is a great honor to meet President Xi. China is a great country. President Xi is a well respected great leader, and has been my good friend for many years. We have always got along well. The United States and China have always had a fantastic relationship, and it will be even better. We will make both China and the U.S. even better. China is the biggest partner of the U.S. Together, our two countries can get many great things done for the world and have many years of success. China will host APEC 2026, and the U.S. will host the G20 summit next year. We expect both to be successful." ...
The Wall Street Journal Original article ›
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Kathryn Ruemmler is legal counsel at Goldman Sachs, and adviser to the CEO. The WSJ looks at Epstein file releases by the US Justice Department on Ruemmler's connections to Epstein in 2019 as a legal adviser. Some of it is after FBI arrested Epstein. Other files released show Ruemmler had consulted with Epstein on jobs she was interviewing for with Goldman, and potential jobs at Google, Facebook and Citadel, according to this report. This aspect is similar to what is reported in the media about Mandelson having consulted with Epstein for job offers at large financial companies. In the case of Mandelson he described his access to influence in Labour government decisions. The Mandelson connections are rocking the British government of PM Keir Starmer for his poor judgement in appointing Mandelson as UK ambassador to the US and lack of due diligence on his background.  WSJ report says Ruemmler had helped try Enron executives and this brought her attention that led to her going to the White House as Barrack Obama's counsel. She left in 2014 and was a white collar defense lawyer at Latham and Watkins.  ...
The Wall Street Journal Original article ›
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Try these other museums in Paris knowing the Louvre and the Musee de Orsay get 10 million visitors and 4 million a year respectively. Other suggested museums in Paris 2026 are- the Musee de Metiers and the France National Archives. France National Archives will have a special exhibit on the Marquis de Lafayette for Spring and Summer. It comes at the right time for the 250th anniversary of the Declaration of Independence of the US. Lafayette was a friend of Jefferson and fought alongside the Americans with George Washington. This should be an interesting exhibit.

The New York Times Original article ›
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Strong criticism from Attorney General Luisa Ortega, and dissension inside the government, led to the Supreme Court retracting parts of its decision to nullify the powers of the legislature. Ortega called the move "a rupture of the constitutional order." Most of the judges are appointed on the court by the Maduro government. Strong criticism by the OAS calling it a "self inflicted coup", by other governments in Latin America, also led to retracting parts of the decision by the Supreme Court. Nicholas Maduro succeeded Mr. Chavez who was the democratically elected president of Venezuela from 1999 to 2013. Maduro narrowly won the election in 2013 by a margin of about 1.5% over Henrique Capriles. In 2015 in National Assembly elections the opposition parties won a majority in the National Assembly. Protests against the Maduro government were followed by a recall attempt in 2016 which was suppressed. Inflation and economic conditions in Venezuela worsened under Maduro with the collapse of oil prices. The devaluation of the currency, high inflation and shortages of basic goods have led to widespread protests. As the situation worsened the Supreme Court in support of the government gradually chipped away at the powers of the National Assembly since 2016, leading to the situation in April 2016 with  the effort to strip the Assembly of all powers and remove the immunity from prosecution of legislators. Maduro is a former bus driver for the city of Caracas bus system, and a trade unionist. He was part of the movement supporting Chavez release after a coup attempt, foreign minister 2006-2013, and appointed Chavez successor in 2012.  Max Fisher and Amanda Taub of the NYT go on to discuss the writings of political scientists, including Dutch expert Cas Mudde, who pointed out that populism often starts its climb because established institutions and elites have become unresponsive to pubic needs. Yet the replacement is with what starts out as an effort to bring fairness- yet ends up creating another elite, suppressing opposition, and creating a new set of problems, even threatening the institutional framework of democracy such as elected assembly as happened last week in Venezuela.  In Venezuela the Chavez populist movement was initially intended to reduce corruption in the court system, the established parties control over media, and ensure oil revenues were used to provide services to poor regions and neighborhoods.  In the process over two decades it introduced a system that set up a Bolivarist class of its own based on socialist goals, failed to integrate the economy into the global economy for modernization, and created an overdependence on oil revenues that hurt the country when prices dropped sharply. High inflation, corruption, shortages of basic goods, and an economy slipping behind neighboring countries in Latin America, are the result by 2017. Seeing the situation in Venezuela in the context of current populist trends in the U.S. and Europe may be a stretch because the situation in Venezuela is unique to Latin America in some ways and is from an earlier period. High inflation, collapsing economy, debt problems and mismanagement of the economy, devaluation of currency, are problems faced by Brazil, Argentina, and other countries in Latin America, happening under conservative as well as populist governments since the 1960's. It is different in two respects, the disconnect with the global economy that prevents modernization, and the trend towards authoritarianism, as seen in Venezuela.     ...
NYTimes.com Original article ›
NYTimes.com Original article ›
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The US Supreme Court rejects by 6-3 excessive gerrymandering or altering of election maps to favor either Democrats or Republicans who briefly control state legislatures. It sees itself as having jurisdiction over election rules. The case being decided was about the North Carolina legislature and its excessive gerrymandering or redrawing election maps to favor one side.

WSJ Original article ›
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Car insurance and tariffs on Mexico made auto parts would take a 2 year lag in inflationary impact, says this report in WSJ. Insurance companies will wait to see the impact and how long the tariffs are in place. Tariffs are put in place to stop fentanyl flows through Canada, Mexico and China to the US, which have cost 490,000 deaths in the US over the last 12 years. Canada now fully supports the US for action to be taken and cites similar loss of lives in Canada from fentanyl comparable to the US for its smaller population. Much of the focus on tariffs is seen as economic action in the media, when as Commerce Secretary Luttnick pointed out it is being used as an instrument to get immediate action from countries that have not acted to stop the flow of fentanyl -action they should have done taken many years back. DJT's action is to protect average Americans, communities across the US that have lost their manufacturing base to Mexico and China, and are being hit by the flows of fentanyl across borders for over a decade now. Never in American history has this kind of flow across borders happened since the first settlers came to America in 1600. ...
WSJ Original article ›
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Why the lessons of Wuhan have not been understood correctly says this WSJ report. Merely putting lockdowns is not enough, systematic testing and quarantining of the affected persons is needed for controlling the outbreak. The outbreak in Wuhan was controlled by sending affected persons to makeshift hospitals and temporary quarantine centers. Two hospitals were quickly setup in Wuhan in 2-3 days to isolate affected people from the rest.

It is slow but this is being done as New York sets up a makeshift mobile hospital with 1000 beds at the Jacob Javits Convention Centre. And London sets up 4000 beds at a conference centre in the city.

The Wall Street Journal Original article ›
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US manufacturing revival under Biden and Trump policies of the last decade 2016-2026.

The Economist Original article ›
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This exceptional article in the Economist looks inside what is called the Alt-Right, how it got its name, who are its supporters, how it linked up with Trump, the goals of each, and how this movement looks compared to other similar movements in American history, the attitudes towards blacks then and towards Hispanics today. The idea presented of a "cuckservative," Republicans who have sold out to moneyed interests and to liberal ideas.

The use of Twitter and  social media for ideas not accepted in normal society, iconography, vernacular, use of Pepe the Frog as a cartoon character. The sometimes odd mix of Confederacy in the South, anti-immigrant in western states, agrarian nostalgia, and other ideas, all fused together into a rebellious sentiment expression.

BBC News Original article ›
Original article ›
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Ten years after the severe banking crisis in Ireland that led to a collapsing economy and a lost decade, the curtain finally comes to a close on the actions of banking executives at Anglo Irish bank. 

David Drumm of Anglo Irish bank is sentenced to 6 years in jail for his role in the crisis. Lise Hand describes the total silence in the court as the sentence is handed out, accepting the severity of what had happened for Ireland and the Irish people affected by flashy money of banks, politicians as well as regulators who failed to live up to their duties to Ireland.

DW.COM Original article ›
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James Galbraith points out how Trump appeals to aging Reagan voters on Social Security, and older white Americans. He says much of the talk about the wall is bluster to appeal to this group of voters. On the Democratic side he points out the failure of Hillary Clinton to appeal to younger voters. Galbraith says the young are voting in large numbers for Sanders, and this is likely to shape U.S. elections in 2020, even though Trump and Clinton are nominees of the Republicans and Democrats in 2016.

WSJ Original article ›
LyrArc Article Gist
After reading this editorial in the WSJ about the origins of the coronavirus, readers will have more questions about EcoHealth Alliance nonprofit which sent $3.4 million to the Wuhan Institute of Virology (WIV) for  research with potential for risky consequences to world public health if something went wrong.  What is gain of function research and what purpose is served in making virus more infectious and contagious such that the National Institutes of Health would send funding overseas for such research are questions that readers may have. Were all the risks considered for such research overseas. The editorial says the US Congress is not showing interest in the origins and the US president Biden has to take up this- some readers might have a question what would make the US Congress not interested in this when coronavirus has affected the US, India, Brazil, Europe, and the poorest countries on earth in unimaginable ways. Can such important matters as world public health fall under the authority of one person, such as Dr. Fauci and other health officials from one country or two countries, when other countries such as India, Brazil, UK, France, Italy, Germany, EU countries, are gravely affected. Global public health has suffered badly and billions of people around the world, in the poorest countries as well as the people in US and Europe have suffered unimaginably in 2020 and 2021 as a consequence of poor decisions. Much needs to be done to get the people themselves informed about public health and how it can be shaped in the future. ...

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