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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.


Wall Street Journal Original article ›
New York Times Original article ›
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Clemens Wergin of Germany's Die Welt newspaper offers an alternative German view on the disengagement policies adopted by Germany as the Middle East unravelled, and points to the costs of following the policies of doing little followed by U.S. president Obama. He says Europe faces a security crisis in its neigboring region of North Africa, similar to how it faced a crisis in the Balkans, which has resulted in the refugee crisis; and that it needs to work with its partners Britain and France to develop its own policies if the U.S. continues to pursue policies of disengagement from the Middle East, North Africa and other regions.
The Guardian Original article ›
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Lilith Verstrynge, former party secretary of Podemos, and daughter of a Belgian politician, describes the rise and collapse of Podemos, a popular party in Spain in a coalition duringthe Covid years with the Socialist party in Spain led by Pedro Sanchez. A 31 year old who now teaches in Paris describes Podemos- a social movement based on online support and no organization under Pablo Iglesias which collapses in Spain by 2024. Podemos or translated into Spanish as "We Can" emerged from the 2009 banking speculation caused financial crisis and the years that followed with the Eurozone financial crisis which entangled the economies of Spain, Ireland, UK, Greece, and other nations in the European Union. As he crisis receded and with action taken under Pedro Sanchez's Socialist government in the areas of housing, support services, and the economy, as the economy improved the movement gradually fizzled out. Under Sanchez the Catalonian independence movement also receded with elections in Barcelona and Catalonia brining to power a socialist government. This period in Spanish political upheaval is described by Verstrynge in The Guardian, who retired from politics in her early 30's as a result. She says without any organizational structure to support such online movements once the initial surge in interest is passed there is no way to sustain it. ...
Washington Post Original article ›
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Hyperinflation of 1 million percent annualized rate for Venezuela. This is the revised estimate from the IMF for 2019, after first estimating it at 13000 percent. Is this even possible for an oil rich country? It shows what can happen with severe economic mismanagement. It is happening as the economy is damaged by failed socialist policies, corruption and a collapsing oil industry. The successor to Hugo Chavez after he died in 2013 has failed to tackle the situation with the government having a hard time paying for the paper to print bolivares, the currency. Electronic money is paid into accounts, A petro currency was created backed by oil supplies, but nothing has worked. As an example dishwasher soap cost 3.8 million bolivares a week ago, today it is 4.9 million. Some families are down to small bits of soap, and cut out proteins from the diet, says this report. For one of the richest countries in Latin America this hyperinflation is an extreme form of impoverishment, say experts. The worst case experts say is that of Hungary after World War II when prices doubled every 15 hours. Zimbabwe and Serbia also recorded severe hyperinflation in recent memory. ...
WSJ Original article ›
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It is a summer of surprises, Germany loses to Columbia, Brazil loses to Panama, Italy loses to South Africa, and the American team barely gets away with a draw after an excellent performance by Portugal.

The Guardian Original article ›
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The Guardiola Klopp rivalry and yet the deep respect for each other comes across in this video and report in The Guardian about the two best coaches and teams in world soccer. Klopp says that like Guardiola he looks forward to a time when he and Guardiola could sit together and have some wine together. It is a heck of a good relationship for world soccer and a role model for the ages.

"He has told me when we are not in charge of any club anymore we will sit together and have a glass of wine, even though I am not a big wine drinker."

"" I am not Roger Federer and he is not Rafael Nadal,but they compete on the highest level and are still best friends. Pep and I are not best friends because we don't know each other, but I respect him a lot, and he respects what we are doing as well, and that's fine."

New York Times Original article ›
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Documents cited by German magazine Der Spiegel show the U.S. National Security Agency (NSA) spying on the European delegation to the UN. An open letter to Britain's prime minister David Cameron published on Sept. 1, 2013 in Nordic newspapers, Sweden's Dagens Nyheter, Finland's Helsingin Sanomat, Denmark's Politiken, and Norway's Aftenposten, says: "We are deeply concerned that a stout defender of democracy and free debate such as the United Kingdom uses anti-terror legislation in order to legalize what amounts to harrassment of both the newspaper and individuals associated with it." The reference was to the Guardian newspaper which was asked to hand over Snowden document files to the British government. The Guardian newspaper destroyed computer equipment containing Snowden files after being pressured by the Birtish government. The open letter said Cameron's action "were undermining the position of the free press throughout the world." The issue of spying by the NSA has aroused strong sentiment in Germany and the Nordic countries because of memories of the period before 1945....
Wall Street Journal Original article ›
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India gets 4,100 megawatts from nuclear power or only 2.7% of capacity of 152,000 megawatts. It currently has 17 nuclear power plants. THe US-India Nuclear Cooperation Treaty signed in October 2008 wil give abig push to nuclear energy in India. Six new plants will be built. Nuclear power will rise to an estimated 40,000 megawatts by 2020, and Prime Minister Singh said it could generate 470,000 megawatts by 2050. THis week India's Hindusthan Construction Company signed adeal with Amec PLC, a UK engineering and project management company for taking up nuclear energy plants in India. About 500 engineers are eventually expected to work for the company.
DW.COM Original article ›
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Jeremy Corbyn is reelected leader of the Labor Party with the support of young people. He is seen here from the European viewpoint as a disaster for Britain. The parliamentary group of the Labor Party opposes Corbyn, and is critical of him for not supporting the Brexit no vote the way he should have. Corbyn did not come out strongly in favor of staying in the EU, giving it a 7.5 out of 10 score when asked how he would rate the EU. Only a fifth of British voters support the idea of Corbyn as prime minister. He is good at bringing people's concerns for attention at prime minister's questions, rides a bicycle to work, and is honest about his convictions. Yet this is not enough to be effective as a leader of the opposition who lacks the support of his party's members in parliament. Corbyn has also dropped people with different opinions from the leadership in the Labor party in a nasty fight with people who disagree with him, which is bad for the Labor Party. This has weakened Labor to the point where it cannot function as an effective Opposition Party, especially now that Britain enters Brexit negotiations and needs an opposition to act as a check on the government's policies. The Economist magazine in London shares these concerns in an editorial. ...
The New York Times Original article ›
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This editorial in the New York Times points out that the new president of the ANC party -that runs South Africa and has a monopoly of power in the post Apartheid years, under Mandela, Mbeki and Zuma- faces a uphill task as the ANC remains deeply divided after supporting Mr. Zuma in office till the very end. Apart from the stagnant economy, there are challenges the ANC faces in the lethargy of the post Apartheid years, and the culture of corruption, and patronage management that led to mismanagement of state enterprises.

Wall Street Journal Original article ›
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About 900 Arab refugees are crammed into a boat which capsizes 60 miles off the Libyan coast in April 2015, killing about 850 people. This is the worst single incident in an increasing influx of refugees from boats leaving the Libyan coast for Italy. About 171,000 refugees from North Africa made this journey in 2014, and increasing numbers are doing it in 2015 to flee the civil wars in Syria and Libya, and hardship conditions in Tunisia, Eritrea and other sub-Saharan countries.
https://www.hindustantimes.com/ Original article ›
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Ramachandra Guha comments on the selection of Institutions of Excellence by the Government of India- ten private and ten public institutions- that can be turned into world class leaders in the education field. He says IIT Madras would be a better choice than IIT Delhi, IITMumbai and Indian Institute of Science in Bangalore are considered good choices. The choice on the list of Jio Institute is seen as strange because it is has no students and no campus and still at the concept stage. KREA is a better choice for an education project at an early stage, says Guha.

Institutions not on the list that deserve attention are Ashoka for the best social science departments, Jindal for infrastructure, Azimji Premji for research on policy issues, and Ahmedabad University for innovative trans-disciplinary approach.

 

New York Times Original article ›
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Prospects for reducing opium cultivation in Afghanistan do not look good even with the poor opium harvest in 2012. Experts say farmers have few alternatives and will go back to planting an even larger crop in future years.
Washington Post Original article ›
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Experts at Moody's say that a partial deal with China like the phase 1 deal Mr. Trump announced this week will leave unresolved the fundamental differences in the two countries' economic, political and strategic interests. Mr. Trump suspended a new tariff on Chinese imports set to go into effect in December on mobile phones, laptops and the remaining import products not yet covered by tariffs. Any improvements in relations is seen only as temporary. In the agriculture sector most farmers are taking a cautious attitude. Importers of products such as luggage and other basic consumer products are living with the uncertainty- product quality may deteriorate now that importers cannot pass on a 25% tariff cost.

DW.COM Original article ›
LyrArc Article Gist
How the little known Hong Kong startup KAiOS Technologies with its low cost operating system is bringing low cost access to basic smart phone features, making them affordable for the 3 billion people lacking smartphones because of the cost. Jio phones of Reliance Technologies started this affordability change by working with KAiOS to bring out its $20 Jio phone and building a high speed 4G network in India to provide low cost data to these users. Reliance turned things upside down by bringing to India the cheapest data on wireless phone use of any country in the world. KAiOS is now the third most important operating system for wireless phones after Android and Apple. This is now spreading to Brazil, Indonesia, and Africa. 

Egypt's Economic Apartheid

Wall Street Journal Original article ›
LyrArc Article Gist
Hernando De Soto, a prominent economist, heads the Institute for Liberty and Democracy. He has an intimate knowledge of the workings of the Egyptian economy, and describes the socio-economic marginalization of large parts of Egyptian society as Economic Apartheid. Simply put Egypt has fallen behind the times, way behind the economic progress in large developing countries.The Institute was hired by the Egyptian government in 1997, with the financial support of the US Agency for International Development, to look into what reforms were needed. It presented its 1000 page report in 2004- after years of work involving 120 Egyptian and Peruvian technicians, participation of 300 local leaders and interviews with thousands of ordinary people- to the Egyptian cabinet. The then Finance Minister Hassanein supported it and the cabinet approved it. What followed was a cabinet shakeup, and blocking of any reforms by hidden interests wanting to protect the status quo. De Soto's objective was to find out how many people were marginalized in Egypt, and how much of the economy operated outside the legal system- small business that did not have the protection of property rights or access to normal business tools and credit, that makes businesses grow. He found that 9.6 million people were employed in this sector operating "extralegally" with no protections. This being the largest sector of employment in Egypt. His action plan was intended to remove the legal impediments to these people and businesses urban and rural, so that they could grow. He says the value of these businesses outside legal protections is $248 billion or 30 times larger than the total value on the Cairo stock exchange, and 55 times greater than all the foreign direct investment in Egypt since 1800 including Suez Canal and Aswan Dam. De Soto says that because of burdensome, discriminatory and bad laws it takes 500 days to open a small bakery, getting a legal title on a vacant piece of land would take 10 years of red tape. This barrier of bad laws, poorly trained bureaucrats, inertia of the status quo, prevents people from legalizing their property and business. As a result whereas one of these types of small businesses is now India's largest company called Reliance Industries, and another Infosys is the second largest software company, most Egyptian enterprises are stuck being small and relatively poor, and do not generate jobs for the demographic surge of young people. De Soto's point is that Egypt will need good leadership to pull off this task of legal reform, and democracy alone will not be enough. Empowering the large majority of the Egyptian people operating outside the legal protections will mean giving property rights for $400 billion of assets, De Soto says. And this would unlock an amount of capital hundreds of times larger than what foreign direct investment and aid has brought to the country....
Washington Post Original article ›
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New versions of what key individuals in the Trump campaign and president Trump knew and when about connections with Russia emerge as Special Counsel Mueller pursues an investigation of Michael Cohen, Trump adviser. This relates to plans for a Trump Tower in Moscow.

Reuters Original article ›
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Reuters gives this video of Zelensky receiving the Charlemagne Prize in Aachen, Germany in an historic visit. It is given in honor of services to Europe and European unity, and has much symbolic value. Monet, Schuman and Adenauer were also honored. This is Germany and the European Union's answer to the Russian invasion of Ukraine. Chancellor Scholz, Ursula Leyen of EU, and the prime minister of Poland also speak. Zelensky speaks in Ukrainian.

WSJ Original article ›
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The chain is a southern theme restaurant built around interstate highway system starting with the first one in Lebanon, Tennessee, in 1969. It mainly serves Southern comfort food and has an open store layout built on nostalgia of the fifties period when Americans gathered around soda cracker barrels for conversation. It has become ubiquitous on US highways with 660 locations. 

Forty of these stores are being updated with clean white decor and some nostalgia from American homes in old South. The update transformation was badly needed and provides a new look that would add to the looks of the Interstate Highways and gas stations in the US.

BusinessWeek Original article ›
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Maria Bartiromo talks with President Medvedev of Russia. She asks him about the North Korean's nuclear missiles testing. Medvedev says "what has happened raises great alarm and concern." He says North Korea is close to Japan and S. Korea but is also close to Russia. He has had quite anumber of telephone talks with the Prime Minister of Japan and the President of S. Korea on this subject. He says the world needs to think about what measures can be taken to deter these programs. He is concerned about unemployment. 2.2 million are registered as unemployed but the number is much much higher. Russia he says is a hostage to the structure of the economy, and sees a danger in the overdependence on export of raw materials. He sees the crisis as an opportunity to change the "outdated and obsolete structure of Russia's economy." His idea is to use the extra revenues to support social programs and to radically change the structure of the economy.
DW.COM Original article ›
LyrArc Article Gist
Aaron Tilton of DW.com provides this exceptional report on World AIDS Day 2016, showing that about one percent of the population in Russia could be infected with AIDS, becoming for Russia "an issue of national security." Mr. Pokrovsky, head of Russian federal AIDS center, says that the proportions are reaching an epidemic, and that it may now infect the general population. The campaign to have NGO's registered as foreign agents is cutting off funding from outside and this hurts efforts of private organizations. The government of Russia's attitudes towards AIDS and following the thought of the Russian Orthodox Church with stigma associated with AIDS as a moral failure, is also hurting efforts to tackle the AIDS epidemic among LGBGT community, sex workers and other populations. Only now is the Russian government waking up to tackle this as a national priority with support of prime minister Medvedev, and by backing up the UN 90-90-90 program. That program sets targets for total population- 90% to be diagnosed, 90% treated, 90% viral suppression. Russia has only 250,000 being treated, only one third of the affected population, says this report. ...
The Indian Express Original article ›
LyrArc Article Gist
"Today's era is not an era of war, and I have spoken to you on the phone about this." Modi tells Putin at a meeting this week with the Russian leader. And Putin's reply "I know your position on the conflict in Ukraine and the concerns that you constantly express. We will do our best to stop this as soon as possible. Only unfortunately the opposing side, the leadership of Ukraine, announced that it wants to achieve its goals by military means  as they say "on the battlefield."

SPIEGEL ONLINE Original article ›
LyrArc Article Gist
Most of the reporting on Ukraine follows the war. Questions are asked how will this conflict end? This report in Der Spiegel is one of the rare reports that looks at the Ukrainian economy with images and reporting from the ground that answer that question. If the Ukrainian economy is surviving in 2023 then Ukraine will continue long after a peace settlement is reached. It shows for instance that supermarket shelves are well stocked. It shows energy from half a million generators keeps the lights on and companies working in Ukraine. The steel industry is mostly destroyed yet the software industry continues to grow. Unemployment is 30% even after hundreds of thousands of younger Ukrainians are at the war front. Of about $62 billion promised by US and European countries about $31 billion has actually been transferred to Ukraine. The IMF has created an exception for aid to Ukraine with offices in Kviv and Brussels. All defense needs are covered from the Ukraine budget. Before the invasion in Feb 2021 defense took up 9% of the budget, now it takes up 42% of the budget. Another 16% for public security. For social benefits 16%, and another 26% for other expenditures. By having an economy that is functioning and life even in light from generators and solar energy, with supermarkets well stocked and providing office space for workers, with aid mechanisms working. Ukraine has already emerged as part of Europe, tried, tested and come through adversity of the worst sort. It is supposed to join the European Union, yet Der Spiegel says it is already tightly integrated into the EU. Its power grid was integrated with the EU power grid before the war, and nuclear power was sent to the EU from Ukraine before Russian attacks on the nuclear plant. Then transmission lines brought energy to Ukraine from the EU. The EU takes in 80% of Ukraine agricultural exports compared to 20% before the war. Even at the risk of lower prices and hurting farmers in Poland, the Polish government has allowed large imports of agricultural products into Poland. The close links with countries of the EU that share a border with Russia have increased. The problems now are that Ukraine after this war will have severe shortage of manpower. Already with the fall of the Soviet Union Ukraine lost about 8 million people and population was 44 million before the war. About 8 million people moved to Ukraine in the one year following Russian invasion. Of this 1.5 million stayed in Poland, the rest went on to other countries in the EU or returned. The countries such as Germany, Finland, Czech Republic have labor shortages of their own and encourage refugees to stay. Rebuilding is estimated to cost $131 billion. Yet as is evident in Poland after most of the damage from the second world war in Poland it was rebuilt using modern technology. Ukraine survives, its life goes on, is the message from Der Spiegel. In this way the war's outcome is already evident. Much of it comes from the European Union having sensed that attacks made with impunity would endanger all of the European countries when made by any dominant power. This is also what Cambridge historian Brendan Simms has shown about European history for the past 500 years in History of Europe- The struggle for Supremacy 1452 to the present. No one country says Simms was able to act with impunity and pose athreat to its neighbors as all other countries in Europe rallied to prevent this. This war is no exception.   ...
The Hindu Original article ›
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The entire administrative setup in India through 700 district collectors will participate in the Good Governance campaign in India. Every district collector will present one good governance practice and one successfully addressed public grievance on www.pgportal.gov.in/ggw. All administrative heads at the chief secretary level are involved, including central ministries and departments, state governments, departments of personnel and training, in an effort to create a new culture of good governance practice in India.

WSJ Original article ›
LyrArc Article Gist
Boeing reports a third annual loss in a row. As production problems and delivery delays for the Dreamliner 787 Boeing cost an additional $4.5 billon in the final quarter of 2021. Of this $3.5 billion is to compensate customers for the delays, and abnormal production costs forecast to be double than earlier estimated. Boeing expects deliveries to start in April and sees losses as behind it once deliveries start.


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