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Direct From the Editor / On Topics Vital to the Nation

How China's import cuts importing 8.5 million barrels a day down from 12.5 million and it's large oil reserve will keep oil prices low

07/15/2026

Not covered in the media for Hormuz is the combined response of US, China, India, Japan and the European Union to find alternatives to Hormuz making it less or not relevant to oil prices and oil supplies

07/10/2026

The Constructive Aspects of the situation in July 2026 from the Hormuz Crisis not covered in the Media

06/27/2026

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.

Opinion: G20 — go back to the roots | DW | 30.11.2018

13 Groups   
DW.COM - 11.30.2018 Original article ›
Peter Sturm
LyrArc Article Gist
A German reporter questions the value of the G20 meetings following the violence on streets at the last Hamburg meeting. He says the first G20 during the global financial crisis was useful but later meetings have not lived up to the hope for discussion and search for solutions to world problems. Global trade is at the top of the agenda following the tariffs dispute between China and the U.S. Divergent interests of participants are a problem. Would going back to G-7 in private meetings be a solution asks this reporter.

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Original article 2 minutes, gist 1 minute

Opinion | ‘I will veto everything they send me.’

  
WSJ - 01.31.2023 Original article ›
James Freeman
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WSJ points out that the wealthiest 400 billionaire families in America pay only 8.2% in taxes on federal individual income taxes between 2010 and 2018, not the 3% it says president Biden has said. The average income tax rate in 2020 was about 14% says the WSJ. For higher incomes it was about 25%. All this happened while infrastructure, education and health remained woefully underfunded, with Tech companies egregious behaviour in not paying their fair share of taxes and massive misallocation coupled with low productivity of capital invested compared to infrastructure. 

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As Russia Strikes Ukrainian Civilians, Putin Tells His People the War Is Just

  
NYTimes.com - 02.03.2023 Original article ›
Michael Schwirtz, Anton Troianovski
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On the 80th anniversary of the Battle of Stalingrad against Nazi German invasion Russian president Putin says of the war in the Donbas region of Ukraine- "The legacy of generations, of values and traditions, that is what makes Russia different, what makes us strong and confident in ourselves, in our righteousness and in our victory." Putin sought to put the war in patriotic terms. This report in NYT shows a rocket attack on Kramatorsk in Donbas, about 20 miles from Bakhmut where intense battles are taking place.

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Germany's Scholz in India: What's at stake? – DW – 02/25/2023

1 Groups   
dw.com - 02.28.2023 Original article ›
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Chancellor Scholz's visit to India with the heads of 12 large German companies and heads of medium size company business associations will lead to increasing economic cooperation between Germany and India. Bilateral trade is about 25 billion dollars. German companies such as Siemens are suppliers of rail locomotives for modernization of India's rail network. Topics for talks include the geopolitical situation in Europe with the Russian invasion of Ukraine, cooperation on climate change, utilization of German technologies, and increasing investment by German companies in India's economy.

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Epic Housing Booms Meet Their Match in Australia, Canada, New Zealand

  
WSJ - 11.06.2022 Original article ›
James Glynn
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House prices that went up by 532% in Australia, 602% in Canada since 1990 now face the prospect of decline by 20 or 30% after sharp increase in interest rates by central banks in the US and other countries. US prices were up 289% since 1990 by comparison. The Fed's moves could also lead to a decline in US home prices as mortgages become costlier. As many mortgages are not fixed in Australia and Canada the costs can increase sharply with rising rates.

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California Long Ruled U.S. Shipping. Importers Are Drifting East.

  
WSJ - 12.10.2022 Original article ›
Paul Berger| Photographs David Walter Banks For The Wall Street Journal
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The port of Los Angles has a more than 25% decline in the number of containers that are moving through the port. The Port of New York and New Jersey has now overtaken Los Angeles as the main port of entry for shipping containers to the US. Ports that are gaining include Savannah in Georgia, Houston, and Charleston in South Carolina. Bottlenecks, supply chain disruptions and fears of a dockworkers strike in the west is leading to changes in how goods imports enter the US. 

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Original article 10 minutes, gist 1 minute

Russia's Central Banker Dismantles What She Built - The Journal. - WSJ Podcasts

  
WSJ - 04.14.2022 Original article ›
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Rebuilding the Russian economy with the help of investment from the US and Europe was a key job for Elvira Nabiullina at the Russian central bank and Vladimir Putin as head of the administration during the 10 years after the Yeltsin government from 1998 to 2008. Much of these gains may now be lost with the invasion of Ukraine, and the miscalculations of both western leaders Merkel in Germany and Bush-Obama and Mr. Putin as shown in a recent WSJ report on the miscalculations of the last 20 years.

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China’s zero-Covid policy risks causing agricultural crisis and food shortages

  
The Financial Times - 04.18.2022 Original article ›
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This report in The Financial Times citing official data, says one third of farmers in three provinces, Jilin, Liaoning, Heilongjiang lack the needed agricultural inputs. Authorites sealed off villages to fight the pandemic. The three provinces produce 20% of China's foodgrains. This is the result of strict Covid policies followed in China to control covid surge. 

According to Jilin government one third of farmers lack sufficient fertilizer three weeks before planting begins. This could affect China's efforts for self sufficiency in foodgrains.

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Original article 1 minute, gist 1 minute

Opinion | Water Is a Terrible Thing for California to Waste

  
WSJ - 01.17.2023 Original article ›
The Editorial Board
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Very little of the heavy rain and storm runoff from floods is being captured in California which has experienced many dry seasons and shortages of water, says this opinion in the WSJ. California has experienced 2 seven year droughts in the 20's and the 40's. The problem very little investment in public works in a state that was extravagantly spending on tech, starving essential infrastructure of spending. Economic textbooks talked of crowding out of private spending and investment, now we have crowding out of public spending on infrastructure.

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More Workers Take Parental Leave as States, Employers Expand Eligibility

  
WSJ - 04.08.2023 Original article ›
Gwynn Guilford
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There is a big jump in working parents taking parental leave after new legislation is passed in different states. In the 12 months through February 2022 406,000 working parents were taking parental leave, a 13% jump from 2021. The share of workers with access to paid parental leave was 25% in 2022 compared to 19% in 2019. Seven states now require employers to provide parental leave. Four more states may join by 2026. The US still remains the only major advanced economy without nationally mandated parental leave.

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Opinion | Ukraine Leads the World

  
WSJ - 02.27.2022 Original article ›
The Editorial Board
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This WSJ Editorial Board article appeared on Feb. 28, and says that the world owes a great debt to the heroic people of Ukraine. A too complacent Europe says WSJ, is now learning what it means to fight for freedom. It says Ukraine deserves more support with arms, the toughest sanctions, and global ostracism. It says Congress should approve the request this week for another $6.4 billion in humanitarian and military assistance. The stakes of the war are high, says WSJ, including for American interests.

 

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Original article 4 minutes, gist 1 minute

Germany looks set to cut development aid | DW | 25.03.2022

  
DW.COM - 03.25.2022 Original article ›
Sabine Kinkartz
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At a time when the Ukraine war has hurt poor countries Germany plans to cut its development aid by 12% in its draft budget. The budget is expected to shrink to 10.8 billion euros at a time when defense budget is increased to 50 billion euros. The boost to defense is a result of the war in Ukraine. Germany is also set to cut its contribution to the World Food Programme by 50% to 28 million euros. Russia and Ukraine supply wheat, cereals to poor countries. High energy prices also affect these countries.

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Original article 4 minutes, gist 1 minute

Covid jab gives Pfizer a $26bn shot in the arm

  
The Times - 05.04.2021 Original article ›
Callum Jones, Us Business Correspondent
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Pfizer's Covid vaccine is expected to bring in $6 billion in profit in 2021. Pfizer increased its sales forecast by 70 percent. The coronavirus vaccine is expected to bring in $26 billion in revenues in 2021 with 1.6 billion vaccine doses manufactured for the year 2021. The total could be much higher with the company striving for supply contracts to manufacture 2.5 billion doses.

India has approved the Pfizer, Moderna and J&J vaccines, with this bringing American companies into the Indian vaccine market in 2021.

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Original article 1 minute, gist 1 minute

Lunar Eclipse Photos: See the Super Flower Blood Moon Up Close

  
WSJ - 05.27.2021 Original article ›
Robert Lee Hotz
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Awesome pictures of the lunar eclipse in the night sky on Wednesday, May 26, 2021. It combined a supermoon, lunar eclipse, and a blood moon. Blood moon refers to the reddish hue as light filters through the earth's atmosphere. In native American cultures this is referred to as the flower moon. Lunar eclipses happen when the Earth passes between sun and moon, blocking the sunlight that normally illumines the moon's grayish white cratered surface. The next one is on May 16, 2022.

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Original article 1 minutes, gist 1 minute

Opinion | The Art of an Oil Deal

  
WSJ - 04.13.2020 Original article ›
The Editorial Board
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The Editorial Board of the WSJ says in this editorial that president Trump showed his negotiating skills to arrange the oil deal with the Saudis and Russia for cuts in production of 9.7 million barrels a day, including cuts by non OPEC G20 countries. The drop in U.S. production, cuts by Canada and the effects of sanctions on Venezuela and Iran should take out about 20 million barrels a day. Demand has fallen by 30 million barrels a day from the pandemic. This should help 11 million workers in the U.S. oil industry.

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Original article 3 minutes, gist 1 minute

We need funding, not medals, exhausted doctors tell France’s Macron

  
France 24 - 05.15.2020 Original article ›
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"For months I was asking for equipment," Martin Hirsch, head of the Paris hospital network tells president Macron, "and we had only enough for 3 days to fight against the coronavirus." The French president told one hospital " we undoubtedly made a mistake, we should have done it 10 years ago," as some increase in funding came only in January of 2020. France had a tenth of the intensive care beds in Germany and a far higher fatality rate says this report in France 24.

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France’s Macron Charts Exit From Covid-19 Lockdown

  
WSJ - 11.24.2020 Original article ›
Noemie Bisserbe, Stacy Meichtry
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France's Macron introduces a three step plan for reopenings after lockdown, with dates of December 15 and January 20 for reopening the economy. Shops will be allowed to open under strict social distancing rules for Christmas sales. If cases per day drops below 5000 the government will lift the lockdown on Dec. 15 and replace it with a 9 pm curfew. " After saying that spirits can be low, debates get heated, Macron said "we need to do everything to prevent a third wave, a third lockdown."

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Original article 5 minutes, gist 1 minute

Address by Secretary of State Cordell Hull "What we are Fighting For" July 23, 1942

  
Jewish Virtual Library - 10.03.2022 Original article ›
LyrArc Article Gist
On Gandhi Jayanti a look at American president FDR's contribution for Hind Swaraj. It could be said that Cordell Hull's speech (full text here) on July 23, 1942 on Roosevelt's clear direction was a form of declaration of independence for India by the US in 1943. This is also why there was nothing different Clement Attlee could do after winning the British election in 1945 except send Mountbatten to India to prepare for a Free India. 

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Energy crisis: EU agrees funding to reduce dependency on Russia | DW | 04.10.2022

  
DW.COM - 10.04.2022 Original article ›
LyrArc Article Gist
The first 20 billion euros in a 300 billion euros plan of the European Commission for renewable energy transition in EU countries is approved. 15 billion euros will come from the innovation fund. And 5 billion euros from selling carbon dioxide emission licenses to industries sooner than planned from the Eu carbon market "market stability reserve." Of the 300 billion euros plan for energy transition to renewable 225 billion euros will come from unclaimed money in the European Union Covid 19 recovery fund.

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Original article 3 minutes, gist 1 minute

Annie Ernaux’s Nobel prize celebrates a uniquely resonant voice in French literature

  
France 24 - 10.07.2022 Original article ›
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FR 24 looks at the life and work of Annie Ernaux who had the courage to write about life's most difficult experiences facing women coming from a working class background. Her writings reflect that social mileau of forgotten working class people and changes the boundaries about what is discussed and the language used from a different place is always there. She is honored in 2022 with the Nobel Prize for Literature in a year that saw the working class in France assert itself in the 2022 election.

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The climate clues buried under Greenland’s ice sheet

  
Washington Post - 12.15.2023 Original article ›
LyrArc Article Gist
Washington Post's Sarah Kaplan takes us to Greenland where scientists are drilling through the ice to predict the future of climate change. This means drilling thorough 1600 feet of ice to reach the bedrock below. Scientists can analyze the rocks to find when a glacier last melted. The agile subgeological ice drill drills through 500 metres of ice from the US National Science foundation- amazing. If the whole of Greenland ice sheet melted it would raise sea water levels by 24 feet devastating coastlines.

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Challenge to the Abrogation of Article 370 | Judgement Explainer - Supreme Court Observer

  
Supreme Court Observer - 12.17.2023 Original article ›
LyrArc Article Gist
The Supreme Court Observer shows how the Supreme Court Justices Chandrachud and Kaul arrived at their decision on the abrogation of Article 370 in India for a prin cely state during the formation of India as an independent nation. CJI Chadrachud held that the proclamation by Karan Singh accepting the supremacy of the Constitution of India, at that moment all sovereignty was irrevocably surrendered. The Court held that the Article 370 was a temporary provision considering the historical context, wording and placement in part 21 which includes other temporary and transitional provisions.

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Original article 1 minute, gist 1 minute

Germany: New train strike possible after wage talks collapse – DW – 02/29/2024

  
dw.com - 02.29.2024 Original article ›
LyrArc Article Gist
The German labor union GDL is negotiating with Deutsche Bahn. It seeks a 35 hour work week, the reduction of work week for shift workers in rail transport to 35 hours from 28 hours a week. It is also seeking collective agreement for parts of rail infrastructure in Germany. Deutsche Bahn has not accepted this. GDL says there were confidential details of the negotiations leaked to the press including the Bild, and quit negotiations in the recent turn of events. Two strikes affected the rail system as talks fail to reach an agreement.

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Underground Metro stations to get island platforms

  
The Indian Express - 04.24.2023 Original article ›
LyrArc Article Gist
Ashwini Bhide, Mumbai Metro Rail Corporation's managing director has provided extraordinary leadership to the organization building India's most advanced Metro. Here she describes the new island concept incorporated in the rail platforms. About 1.7 million passengers will use this line daily, the Colaba-Bandra- Seepz Metro line.She says at each station 20,000 square metres of space has been created with this innovative island concept. There are 26 stations that are part of the Metro 3 line. Phase 1 begins by December 2023 from BKC to Aarey.

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Original article 1 minute, gist 1 minute

After Million-Mile Journey, James Webb Telescope Reaches Destination

  
NYTimes.com - 01.26.2022 Original article ›
Joey Roulette
LyrArc Article Gist
The James Webb Space telescope reaches its final destination on Jan. 24, 2022 at Lagrange Point 2 or L2 on the other side of the moon, one million miles from earth. In an amazing feat of science one side of the telescope the instrument side will be cloaked in frigid darkness, and the other will defect temperatures of 230 degrees centigrade facing the sun. This keeps the telescope's sensors cool so that stray heat does not interfere with its infrared scans of ancient galaxies and planets orbiting other stars.

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