Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
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.
In a televised address Singh says the market opening measures for the retail and other sectors are needed to maintain growth and foreign investment. Finance minister Chidambaram tells the WSJ in an Oct 2012 interview- the risks were too great with India facing a lowering of its credit rating, and the government having reflected on the serious consequences of not acting spelled out in the worst case scenario of the Kelkar committee report. The Indian government actions include lowering diesel subsidies and action to control the deficit, with a plan to bring it down to 3% by 2017.
Linked Articles
Q&A With Finance Minister Chidambaram
Wall Street Journal 10/08/2012
Singh Appeals to India to Support His MeasuresNew York Times 09/21/2012
Linked Articles
An American Ambassador Who Plunged Into Arab Life
New York Times 09/15/2012
Ambassador, Fluent in Arabic, Built Career in Middle EastWall Street Journal 10/01/2012
Lower cash flow from the demands for new and redesigned models in a very competitive market, the higher incentives costs reducing margins, combined with losses in the Fiat European operations, will pose challenges for Marchionne in 2013-2014.
Linked Articles
Chrysler Profit Up, Cautions on Spending
Wall Street Journal 01/31/2013
In Turnabout, Chrysler Profit Offsets Fiat LossWall Street Journal 07/31/2012
Linked Articles
Citi Looks Toward Developing World
Wall Street Journal 07/17/2012
Citi's Not-So-Simple TaskWall Street Journal 07/16/2012
Lenovo is also bringing production in-house to build competitive advantage.
Linked Articles
Taiwan's PC Design Firms Brace for Change
Wall Street Journal 11/15/2012
As Rivals Outsource, Lenovo Keeps Production In-HouseWall Street Journal 07/09/2012
Linked Articles
China Slowdown Is Rocking Raw Materials
Wall Street Journal 03/12/2014
Commodity prices drop on economic woes in Europe, China, U.S. - The Washington PostWashington Post 06/11/2012
The report calls the disaster "a profoundly man-made event," and "a disaster 'Made in Japan,' " citing cultural factors that contributed to the accident. It is sharply critical of TEPCO and the Japanese government's response. Both the report and the testimony of the prime minister at the time of the accident, Naoto Kan, refer to the 'nuclear bloc' or 'nuclear village' in Japan that promotes nuclear energy. Some of its actions are dangerous to safety, such as locating the nuclear safety agency NISA inside the same ministry that promotes nuclear power, a critical flaw. Ironically Germany made the decision to make a gradual shift out of nuclear power after looking at the Fukushima nuclear plant disaster and near collapse in Japan, while Japan is reactivating its nuclear plants to meet energy needs without having obtained public confidence in the system of nuclear energy including the essential safety actions. The result is a profound credibility gap about the nuclear plant industry, and public opposition in Japan.
Linked Articles
Report blasts Japan’s preparation for, response to Fukushima disaster - The Washington Post
Washington Post 07/06/2012
Japan's Ex-Premier, Naoto Kan, Condemns Nuclear PowerNew York Times 05/28/2012
Greece made the payment to Dart Management at a time of 20% unemployment and daily protests on Athens streets, a month before elections in June 2012. Greece only did this as a last resort for release of EU funds that were being held up to make pament of interest on debt. This exacerabated discontent inside Greece as pensions were being cut and layoffs taking place, including increase in electricity bills. The Syriza party made gains in that election and the two main parties lost ground to other parties, including a violent anti-immigrant party. Argentina's Christina Kirchner faces a difficult time with the unions and centrist parties in Buenos Aires province, with a shortage of cash and sovereign wealth fund down to $29 billion in May 2014. Stevenson points out the payment to Elliott Management could lead to a situation where Argentina owed $15-$27 billion to all holdout and exchange investors in its bonds.
Linked Articles
Argentina Finds Relentless Foe in Paul Singer's Hedge Fund
New York Times 07/30/2014
Bet on Greek Bonds Paid Off for a Vulture FundNew York Times 05/15/2012
Linked Articles
Ford Could Be Slowed by Global Potholes
Wall Street Journal 01/29/2013
Fordâs Challenges Mount in EuropeNew York Times 04/26/2012
Cuts in fuel subsidies to reduce the current account deficit has less impact with a depreciating rupee. The emerging markets crisis in 2014 focusses attention on the current account deficits of emerging market countries. A decline in foreign investment adds to India's difficulties.
Linked Articles
India Grapples With Soaring Energy Costs
Wall Street Journal 04/11/2012
Rupee Throws Oil on India's Subsidy ProblemWall Street Journal 08/21/2013
The shift in China's economy towards consumption led growth from infrastructure development led growth is likely to affect mining commodity producing economies such as Australia, Brazil and Chile. The rapid appreciation of the Australian dollar and the real is also affecting the competitiveness of manufacturing in these countries.
Linked Articles
Australia Budget Turns Boom on Its Head
Wall Street Journal 05/09/2012
China Speeds Economic 'Transformation'Wall Street Journal 03/06/2012
Ford plans to invest $600 million to more than double manufacturing capacity in Chongqing to 770,000 by 2014. This comes at a time of major slowdown in the market in China after years of hyper growth. Ford lags behing GM and VW in China and missed some of the spurt in growth.
Linked Articles
Ford Plans to Boost Production in China
Wall Street Journal 04/06/2012
Ford Faces China HurdlesWall Street Journal 02/27/2012
Linked Articles
Europe Remains G.M.'s Weak Spot
New York Times 02/15/2012
GM Sees Expanded European LossesWall Street Journal 07/16/2012
Linked Articles
In Fear and Violence, Slain U.S. Journalist Found Humanity
Wall Street Journal 08/21/2014
An American Ambassador Who Plunged Into Arab LifeNew York Times 09/15/2012
Lenovo is positioning itself to become the dominant smartphone company in China, second only to Samsung. It is creating a brand presence in China's rural areas for PC's and mobile devices which is likely to further enhance sales. This effort extends to other emerging markets in Asia such as India and Indonesia. Other strategic decisions include bringing in more manufactuing in-house compared to competitors HP and others in the PC industry.
Linked Articles
Wall Street Journal 10/25/2012
HTC Beefs Up China Push as U.S., Europe LagWall Street Journal 08/14/2012
The contrast between Spain's lack of strong and quick action for its banking problems and France's aggressive approach to its debt problem. Spain's problems come from the housing bubble and bad loans in parts of the banking sector especially the cajas savings banks. The lack of strong and early action by bank supervisors at the central bank and the government to cleanup the banks created conditions requiring a bailout. The problems in France which did not experience a housing bubble were the result of slow growth, rising debt and deficits. France took an aggressive approach to tackle these problems, with shared sacrifices, and setting a goal of bringing the deficit down to 3% in 2013 with its 2013 budget.
Linked Articles
France's New Budget Focuses on Cutting Deficit
New York Times 09/28/2012
Spanish Official: Slow Reaction to CrisisWall Street Journal 07/18/2012
A decline in GDP is leading to lower tax revenues leading to a relaxation of deficit targets. Spain faces an unemployment rate of 27% in 2012
Linked Articles
Euro Zone Eases Budget Demand on Spain
Wall Street Journal 07/10/2012
Spain Braces for Renewed Austerity as Tax Take HemorrhagesUnknown 07/10/2012
German chancellor Adenauer and French president De Gaulle met at Reims Cathedral in May 1962 The service commemorating the 50th anniversary of that historic meeting and service was held recently. It was an occasion to bring together two leaders with diverging opinions on the eurozone financial crisis, Merkel and Hollande. Their mentors Jacques Delors of France and Helmut Kohl of Germany played an important role in setting up the EU and its institutions.
Linked Articles
Fifty Years Later, a New Chance for Reconciliation
Wall Street Journal 07/06/2012
Germany and France Celebrate Their BondNew York Times 07/08/2012
Lenovo now has the largest PC market share in the two fastest growing markets- China and India.
Linked Articles
PC Firm Lenovo Hunts For Brazil Acquisitions
Wall Street Journal 05/29/2012
As Rivals Outsource, Lenovo Keeps Production In-HouseWall Street Journal 07/09/2012
Bankia was the new name for seven troubled cajas savings banks that were merged. The failure of the government's handling of the bad real estate debt, the collapse of the IPO price for bankia's IPO, and the insovency followed by takeover of Bankia by the government, is what led to the $125 recapitalization request by Spain to the EU. The cajas in Galicia give an insight into the operation of these savings banks, in many cases run by leaders who became influential in the political system and expanded healvily int real estate during the bubble years. Management remained in place for decades with authoritarian leaders and there were no financial controls.
Linked Articles
Clash of Cultures Upends Spain's Cajas
New York Times 08/20/2012
Spain to Recapitalize Bankia in Latest BailoutWall Street Journal 05/24/2012
The "orderly liquidation authority" of the FDIC and the U.S. Federal Reserve under the Dodd-Frank legislation provides a framework for bank resolution in the event of a crisis- something lacking in the 2008 financial crisis when Lehman Brothers collapsed. The largest finanial firms are required to write living wills so that orderly resolution can take place. Nine of the largest finacnial firms in the U.S. including Deutsche Bank, Credit Suisse and UBS, have submitted the wills to the Fed and the FDIC.
Linked Articles
Wall Street Journal 05/10/2012
Banks' 'Living Wills' UnveiledWall Street Journal 07/03/2012
Linked Articles
Samsung Widens Lead Over Apple in Smartphone Market
Wall Street Journal 07/27/2012
The Two-Horse Smartphone RaceWall Street Journal 04/24/2012
Expert opinion held that a more normalized growth environment would have to return before a recovery in the U.S. equity markets. This was expected to take a period beyond 2012-2013. The actual situation was a recovery in equity markets earlier than expected with support of $3 trillion in bond buying by the U.S. Fed, and similiar support provided in Europe by the ECB.
Linked Articles
Goldman Sachs: We Like Stocks, Just Not This Year
Wall Street Journal 04/02/2012
Lessons From the Bull MarketWall Street Journal 03/08/2014
Trade between India and Pakistan was only $2.7 billion. This is smaller than India's trade with Sri Lanka. Michael Boskin, who was instrumental in setting up the North American Free Trade Agreement says trade models suggest that this should be around $50 billion, or 20 times larger, and would bring benefits in wages and economic conditions in the two countries.
Linked Articles
A Passage to India-Pakistan Peace
Wall Street Journal 04/16/2012
Pakistan to Ease India Trade LimitsWall Street Journal 03/01/2012
Linked Articles
China's Central Banker Leads Push to Overhaul Economy
Wall Street Journal 11/05/2013
New Push for Reform in ChinaWall Street Journal 02/23/2012
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1