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

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dw.com Original article ›
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One of the changes in 2023 in Germany is the increasing acceptance of the use of the English language as Germany opens up to the world under the Scholz administration. Chancellor Scholz from Hamburg with its close ties to northern Europe and Britain, Foreign Minister Baerbock who studied at the London School of Economics, and Christian Lindner FDP leader from Bonn, use English as an alternative language to reach a broader audience. The FDP and Lindner are pushing for the use of English as an alternative second language in public administration.  DW.com looks at the changes and what they mean for the future and the next generation.

Wall Street Journal Original article ›
The New York Times Original article ›
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China's GDP growth accelerated slightly to 6.9 percent in the 1st quarter of 2017, after five consecutive quarters of GDP growth at 6.7-6.8%, according to government data. This reflected larger use of steel in the construction industry and more mortgages issued by the state controlled banking sector. Government officials say productivity is improving helping GDP growth, with closing of less efficient manufacturing plants. Industrial production increased 7.6% in March 2017, according to the National Bureau of Statistics. The government is trying to control higher lending and reduce the backlog of bad loans at banks. Higher growth helps to reduce the bad loans at banks from the earlier period after 2008 financial crisis, improving financial stability.

Wall Street Journal Original article ›
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FDA's approach to Eli Lilly's drug Prasgrel which is more effective than Plavix for preventing heart attacks but can lead to fatal bleeding in some patients. The other side of the picture is that 30% of patients are not suited for Plavix, and these patients could have an alternative. In weighing the risks and the benefits, and of letting some patients who may be suited to Prasugrel have access to the drug, the FDA has to find the right approach. An FDA panel was set to recommend whether to approve the drug and under what conditions.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
The Wall Street Journal Original article ›
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The expected resignation of Tulsi Gabbard who never fit in with the US recommitment to the Monroe Doctrine in its Good Neighbor version of FDR and Alliance of Progress version of JFK for peace in the western hemisphere through the rule of law, democratic process and peaceful cooperation with the United States. Under DJT it also means reassessment and revisiting of the original reasons for the Monroe  Doctrine that were forgotten under the Reagan,Carter, Bush, Obama and Biden administrations for five decades. That of the US keepingout colonial powers of Europe from the western hemisphere bent on recolonization under president Monroe in 1824.  In the last 5 decades it was the involvement of Russia and China that created the conditions for Cuba, Venezuela and a bad form of governance, failures in the rule of law, through drug cartels operating in Mexico, Colombia, and other Latin American countries.

Wall Street Journal Original article ›
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Drug marketing and sales, especially advertising of drugs on TV and in promotional information is being viewed as suspect in different parts of the environment - the consumers, the public, FDA etc.
NYTimes.com Original article ›
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NYT Guest essay on Germany in 2026 with 6 state elections coming up, by Anna Sauerbrey, Editor of Die Zeit German Weekly. German leader Merz is on a 2 day visit to the US and will go over topics- Merz's visit to China, US trade policy after US Supreme Court decision, the war with Iran and German cooperation without being directly involved. Sauerbray looks at the situation in Germany with AfD expected to win in one of the states to form a government, the decline of the SDP and the role CDU now plays in Germany. The shift in mood to tight control over migrant entry in Europe.

NYTimes.com Original article ›
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CBS ends CBS Radio network and NYT looks back with nostalgia. Old black and white pictures of CBS Radio and correspondents Edward Morrow from London, FDR fireside chats broadcast in 1933 over radio, Adm. Byrd Antartica expedition coverage. The CBS president calls it the "the foundation of everything we built since 1927," a CBS producer calls it one more step in the end of a 100 year old tradition. CBS has 700 affiliates radio stations across America that feed CBS News on radio to reach 93% of Americans. Many of them hear CBS on their commute to and from work. Now these stations will have to look elsewhere as the service is closing.

Wall Street Journal Original article ›
dw.com Original article ›
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NATO members except Spain agree to spend 5% on defense, 3.5% on military and 1.5% on defense industry. Germany makes purchase of 35 F-35 fighter aircraft from the US for $8.2 billion in 2025 to be fitted with cruise missiles from Norway. Defense minister Pistorius says Germany has moved with "supersonic speed" on defense capabilities. This a big change from Scholz. New CDU chancellor in coalition with the SPD is Friedrich Merz who with a popular former defense minister Pistorius from the Scholz coalition and the new SPD finance minister in the Merz coalition Lars Kingbeil, is changing the way Germany looks at investing for the future. It has embraced defense of Europe and modernization of German infrastructure. German federal elections gives the coalition of Merz the 28.6 votes percentage of CDU/CSU in addition the SPD's 16.4% for governing with 45% of the vote, and additional 11.6% of SPD's ally the Green Party which supports it outside the coalition for total 57%. For this reason it is a coalition government with real clout to get things done for Germany's modernization. Much of the media focus is on AfD's far right 20.8% but this has been offset by the Left Parties gaining 14% of the vote in the formerly communist East (GDR) where the AfD is based. Thus about 60% of German voters support Merz/Lingbeil/Pistorius for some far reaching action by Merz well into 2030, for the first time since reunification in 1990. To add to this most of Europe including Germany under Merz has embraced a tough line on illegal migration similar to DJT in US so that far right AfD gains from discontent have reached their high point at 20.8%.   ...
Washington Post Original article ›
BBC News Original article ›
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IEA Director Fatih Birol says conservation of energy plans should be undertaken by all nations. He says Gulf countries and Saudi oil output will not be the same even when the war ends and the shipping lanes in the Hormuz Straits will not be handling the volumes of 100 ships that passed through the sea channel before the Iran War. Yet he says the best solution is for opening the Straits of Hormuz. This raises some serious questions about depending on the Straits of Hormuz and the Persian Gulf for oil supplies in 2027 and beyond. Can conservation, new sources of oil, acceleration of renewable energy use and electric car technologies lead to making the Middle East oil supplies becoming redundant, doing without this supply or turning it into a marginal source which would lower oil prices even further to the $50 level? Energy use decline for the same or higher GDP levels have potential in the US, China and India. Japan and Germany have cut energy use by about 50% in Japan and 35% in Germany with slightly higher Real GDP levels than 1996 in Japan and a 50% increase in Germany over a 30 year period( using 2015 as base year).  Major renewable energy gains have been made in the last 10 years with solar and wind technologies and electric car technologies. Much of the gains in electric car technologies lies ahead and this would cut crude oil significantly for cars and trucks which makes up 60-70% of oil use. Add to this conservation technologies. Other sources of oil can be found. And Venezuelan, Alaskan oil can be ramped up to replace volatile sources from the Middle East.  ...
Wall Street Journal Original article ›
Wall Street Journal Original article ›
dw.com Original article ›
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About 30 rail routes in Germany will be renovated under a massive renovation program of Deutsche Bahn that begins July 15. Repeated delays and cancellations of an antiquated rail system is causing frustration for rail users in Germany. Deutsche Bahn's deficit is euros 2.4 billion and the debt euros 34 billion. It paid 133 million euros just for delays over 60 minutes to customers last year, up by 43%. Germany is not investing in the rail system as it should because of a culture that has spread since the 1990's that investment in public infrastructure and public services is not essential. The CDU party and the FDP have adopted this culture as their own, and the people have not voted this out as the FDP is part of the currrent coalition of the Socialists and the Greens under Scholz and FDP's Lindner controls the Finance Ministry. This is the challenge facing Europe and the US, dismantling a culture step by step that does not believe in investment in public services and infrastructure for far too long allowing it to fall apart when financial markets invest and waste capital in dubious projects. In the US inventing a new golf ball gets 100 million dollars in this dysfunction in financial markets in the EU and US, the list is endless which adds up to tens of billions of dollars.  ...
Wall Street Journal Original article ›
Wall Street Journal Original article ›
The Wall Street Journal Original article ›
LyrArc Article Gist
China made a prolific use of oil during its rapid economic growth phase. China is adapting to  3 million missing barrels of oil from Hormuz by drawing down reserves, cutting use of crude oil converted into plastics, and other measures. This is an opportunity for China to reduce the amount of oil it consumes by copying the example of more efficient use of oil per unit of GDP that is seen in the last decade in Germany and Japan. This would be better for China and for the world economy as it adapts to the uncertainty and wars of the last 3 decades of the Middle East. The US could also take the example of Germany and Japan in more efficient use of oil for the same degree of growth.

Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Questions whether a study by Genzyme is strong enough to merit expanded approval of a drug called Myozyme to treat Pompe disease, that affects a person's muscle and respiratory function. It is from the lack of an enzyme aci alpha-glucosidase needed for muscle development and function.
The Telegraph Original article ›
LyrArc Article Gist
The Bank of International Settlements warns that China's "credit to GDP gap" is 30.1. A figure of 10 normally is considered to be high and needs watching. The People's Daily carried an article presumably by president Xi Jinping warning about the consequences of the debt that had been growing "like a tree in the air." The debt to GDP ratio was at 255% at the end of 2015, and is up 107% since 2008 when the financial crisis led to a huge stimulus that has accelerated debt growth. The corporate debt is at 171% of GDP. The article in the People's Daily warned about reflexive stimulus every time growth slows and said that China cannot any longer "force economic growth by levering up." Cross border liabilities is one area of progress falling by a third to $698 billion, as companies cut debt quickly before the U.S. Federal Reserve raises rates. In the future China is more likely to roll over debt as Japan had done following its debt surge and bad debt with zombie companies, which would in turn lead to lower growth. In the past the government was able to absorb the growing debt because it was not as high as it is today, and the economy was growing rapidly. This is no longer the situation, the reason for alarm at the situation facing China. A spike in interest rates of 250 basis points is cited as one situation which could affect China adversely. ...
Wall Street Journal Original article ›

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