LyrArc Article Gist
A detailed account of how the Treasury under Secretary Paulson and the Fed under Bernanke worked through the evening of Friday and through Saturday and Sunday, to come up with a plan -coordinated with the heads of Fannie Mae and Freddie Mac and House Financial Services Committee Chairman Barney Frank- to support Fannie Mae and Freddie Mac before both companies ran into serious difficulties. The stock of both companies had been on a serious downward decline in the past 4 trading sessions with Fannie Mae shares losing 45% of their value and Freddie Mac losing 47% of their value. Also rumors in the financial markets on Friday had affected their share prices. Secretary Paulson felt it necessary to send a clear signal to the markets by making an announcement at 6pm Sunday that Treasury would get congressional approval to increase significantly the credit line at Treasury for the 2 companies, and also get approval for Treasury to take equity stakes in the 2 companies. Meantime the Fed Governors met over the weekend and made the decision to open the Fed's discount window to lend to the 2 companies....

LyrArc Article Gist
Washington Post Editorial Board on how to bring down oil prices  during Iran War, including repealing Jones Act. The Jones Act says that only US ships can transport oil between US ports. France is sending warships to help escort tankers in the Persian Gulf. US has plans to do this to escort tankers. US can provide 24/7 drone coverage in the Persian Gulf to eliminate waterborne threats says the Post. The Post says it is in the French interest for oil trade to resume, and in America's interest.

LyrArc Article Gist
250000 British expats in UAE (Abu Dhabi and Dubai)- attracted by all year sun and 0% tax rate. They are mostly staying put as missiles and drones from Iran are intercepted over UAE.

LyrArc Article Gist
Foxconn makes a $3.5 billion acquisition of Sharp Corp. in March 2016.

LyrArc Article Gist
Oil tanker hit off Dubai port carrying 2 million barrels of oil to China from Kuwait and Saudi on March 30 2026. This is the first big hit by a drone or missile of a ship carrying over 1 million barrels of oil. Crew of 24 was unhurt and the ship survived the hit by a drone with no oil leaking into the waters of the Persian Gulf. China gets 90% of its oil imports through the Straits of Hormuz. Which is why DJT says when this is about keeping shipping lanes open for oil transit it makes no sense that a Nation like the US that is self sufficient in oil and gas should have to take on the responsibilities of keeping  international shipping lanes open without any help from China- or Japan and South Korea. It is one reason for the US president's critical remarks on lack of such help, particularly from allies from the European continent.

LyrArc Article Gist
Paramount deal for Warner Brothers for $82 Billion -how the deal was done and how Ellison's persistence and a better offer beat Netflix's offer.

LyrArc Article Gist
Prime Minister Narendra Modi meets U.S. president Donald Trump in June 2017. Trade with India, and the strategic relationship in Asia, will come up in the discussions. This report says the discussions could be sensitive on trade, immigration and climate change. The U.S. provided $2.38 billion in foreign direct investment (FDI) to India in 2016, about 5.5% of the total, and 47% of the U.S. H1-B Visa program for skilled workers benefits Indian companies. The H1-B program will not be discussed, though climate change may come up. Defense collaboration, regional security, energy projects, are likely to be important topics, including transfer of high technology. 

LyrArc Article Gist
Physical exercize done regularly, done daily, and a willingess to put up with the mundane, boredom of the mundane to put on the sneakers, getting out or getting on a treadmill, rower or bike, to keep pushing forward, day after day. This is important to ward off cancers, heart issues, metabolic disorders, and keep mental health. Good sleep is important, so is emotional wellbeing, mindfulness in its 4 forms, and meditation, prayer and reading. Healthy eating and eating habits that help build up health, and medication such as herbal supplements including turmeric and ginger use, are other important actions to take for healthy living.

LyrArc Article Gist
Germany's chancellor Merz says he is ready to finance Patriot anti missile systems for Ukraine July 10 2025, as Ukraine comes under heavy missile and drone attacks in July 2025.

LyrArc Article Gist
France's response to the Paris attacks in Nov. 2015 was to invoke the Lisbon Treaty for aid from other states in the European Union, and not to invoke a clause in the NATO agreement because this would be seen differently by Russia. Another reason is that by avoiding invoking the NATO Article 5 clause France decided not to ask for something that was not going to happen considering president Obama's reluctance to intervene in the Syrian conflict, say French diplomats. President Hollande plans a visit to Washington and Moscow for coordinated action against terrorist groups in Syria and Iraq. Strobe Talbott, former deputy secretary of state in the Clinton administration (1994-2001), and president of the Brookings Institution, one of America's most respected diplomats, says Russia has still to prove that it is a part of the solution as the talk does not match its actions on the ground. President Obama is deeply skeptical as he points to Russia's initial incursion into Syria as creating the problems taking place there....

LyrArc Article Gist
Ukraine historian Yaroslav Hrytsak on the war and how to end it- no drones, no attacks, sons return from frontlines. Concept of victory changes.

LyrArc Article Gist
Dubai, Abu Dhabi, Kuwait, Doha, all these Gulf International Airports hit by  Iranian strikes 840 drones and 325 ballistic missiles in first 24 hours, most of them intercepted by air defenses March 1 2026.

LyrArc Article Gist
How the cost of living problems add to the pandemic and housing shortages in reducing the baby population in the US in 2024.