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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.


Washington Post Original article ›
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The Wash. Post says the former president's speech as it wore on for 90 minutes rambling on without clarity on discussion of issues and policies for the future was a missed opportunity. Nothing was said about bringing down the cost of living when so many actions on multiple fronts are needed. Nothing on climate change or climate change action but leaving it out out of denial it exists during the worst heat waves and floods in a century. It is now Biden's turn to spell out the details of policies for cost of living action step after step of action, says the Post. Post readers say so far the Post titles and phrases it uses are more out of social media and ask ominously is it itself turning into social media as shown by the post of Letters it has received on coverage of Biden and the future 2024-2028 on this Lyrarc page.

WSJ Original article ›
LyrArc Article Gist
One Big Beautiful Act will generate $64 billion from fees and Medicaid savings. It will reduce incentives for migrants to enter the US by imposing fees on migrants entering the country for economic reasons yet using asylum laws meant only selectively for humanitarian purposes. In past American history in the 1930-1954 migrants entered the country only for agricultural activities, for the first time in 2000-2024 asylum laws intended strictly for a limited number of thousands for humanitarian reasons were being used by millions of migrants from Asia and Latin America. 

The new fees in the One Big Beautiful Act are $5000 for entering the country illegally and another $5000 for not attending a legal proceeding. The social safety net will apply only to American citizens.

DW.COM Original article ›
LyrArc Article Gist
OECD forecasts show global GDP increasing by 4.2% in 2021 and 3.7% in 2022.

Countries with rapid testing facilities and large scale vaccination efforts are likely to recover faster. Smaller businesses are more likely to fail and go out of business. The will be damage to socio-economic fabric in many countries. OECD calls for investments in education, health, physical and digital infrastructure, and cooperation across borders for vaccine efforts and public health. 

WSJ Original article ›
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The US central bank, the Fed, signals smaller rate increases in the future after another rate increase of 0.75% in November 2022. "It is very premature to be thinking of pausing. We have a ways to go," says Fed chairman Jerome Powell. He added that - "the question of when to moderate the pace of rate  increases is now less important than the question of how high to raise interest rates and how long to keep monetary policy restrictive." The move raises rates in the US to between 3.75% and 4.0%. Rates could go up to 5% in 2023.

The Indian Express Original article ›
LyrArc Article Gist
Why the BBC would in 2023 bring back events from 2002 is mind boggling and shows its lack of respect for India's institutions and a colonial mindset, including a lack of respect for India's Supreme Court, says Shashi Vempati. Coming at a time when India is working hard under Sab ka Sath, Sab ka Vikas, everyone's support for everyone's development, and is catching up to the western nations in technology and scientific progress, investments in modern infrastructure, the BBC falls into a colonial era trap of underestimating the potential of the Indian people for advancement in the modern world.

WSJ Original article ›
LyrArc Article Gist
Chevron posts revenue of $247 billion in 2022 and profit of $35.5 billion. Profits are double that in 2021. High oil prices have increased profits for oil companies when households in the US and Britain are suffering the effects of inflation. President Biden has said the higher profits are "the windfall of war" when average American households are suffering the effects of higher energy prices. The Guardian has shown the increase in demand for food banks in Britain even from people working as nurses and teachers which has never happened in this way before with higher prices for energy and food following the war in Ukraine.

WSJ Original article ›
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Households and businesses have built up trillions of dollars in extra savings and the economic recovery looks strong says this report in the WSJ. Experts expect the economy to pass pre-pandemic levels in the second quarter of 2021. From this point the economy can recover the pre-pandemic trajectory of growth for 2022. There is a bit of caution about another wave of the coronavirus with new more contagious variants considering that about half the population still remains unvaccinated. The US has enough vaccine supplies, it is the anti-vax sentiment that could be the problem. Even with this bit of caution the economy appears resilient.

WSJ Original article ›
LyrArc Article Gist
New regulations from the European Union and an order from president Putin asking industry to cut emissions to below EU levels by 2050 are pushing companies to reduce emissions. Russian companies are pushing to be greener. Russia emitted 11.3 tons of carbon dioxide per capita in 2017, compared to 7 tons for the European Union, according to Oxford University. An EU plan that could come into effect in 2023 could affect 40% of Russian exports because of emissions, costing $5 billion, according to the Russian central bank. Companies in steel, aluminum, petrochemicals, are investing in new plants that reduce emissions or are carbon neutral.

DW.COM Original article ›
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The German film for the best international feature film for Academy Award in 2023 is Edward Berger's All Quiet on the Western Front. It is based on Erich Maria Remarque's 1929 novel of same name. In it Remarque shows a generation of young men in an upbeat mood when leaving school for the front, only to end up in the war dead on the French German trench warfare lines of 1915-1918. The first film was made in 1930, the second in 1979, Berger's is the first from Germany. It comes as a war started in Eastern Europe in 2022. 

NYTimes.com Original article ›
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The Russian central bank under Elvira Nabiullina raises interest rates by 3.5% to 12%. In the first 5 months of 2023 the Russian government spent 50% more in rubles than in the same period in 2022. The increase in spending meant increase in wages and more hiring for production of goods including production for the war effort. The policy was to carry on the war effort without the effects of the war being felt by ordinary Russian citizens. The result has been higher inflation at 7.6%. Nabiullina faces a unique set of challenges to control inflation, maintain the economy even as Russia continues the war effort in Ukraine. 

WSJ Original article ›
LyrArc Article Gist
Toyota's new startup Woven Planet was supposed to create a startup to produce the software that run's cars for today, and do this within a company that produces 10 million cars using tested quality control and factory efficiency methods. It has not worked as shown in this report in WSJ. Deadlines for the software were put off till 2027 and Toyota was falling behind. Toyota had planned a separate city near Mount Fuji for the company and separate cultural setting. This has not happened and Toyota is now integrating the software startup into its own operations bringing forward deadlines to 2025.

Washington Post Original article ›
LyrArc Article Gist
In 2023 there are 4.3 million electric vehicles on American roads and 150,000 public charging ports. President Biden's goal is for 50% of cars to be EV's by 2030 with 500,000 public charging ports. The National Renewable Energy Laboratory affiliated with DOE forecasts need for 1 million charging ports. Ohio and Pennsylvania are leading the way in a slow start with other states joining in. A single public charging port can cost about $150,000. It will cost $31 billion to $55 billion to build the public portion of a national charging network. About $24 billion is planned investment.

Reuters Original article ›
LyrArc Article Gist
Geert Wilders Freedom Party wins 37 seats in the 150 seat Dutch parliament. Dilan Isigloz leading Rutte's party gets 24 seats who also seeks control of immigration.  Netherlands is already seeing a surge in sentiment against high levels of immigration. About a quarter of all immigrants, 403,000 in 2022 up 150,000 from 2021, 103,000 are from Ukraine and 257,000 or 64% are from EU countries (Statistics Netherlands). Mark Rutte's coalition government collapsed when he sought curbs on immigration. A left alliance got 24 seats and Timmermans's EU party got 24 seats.

BBC News Original article ›
LyrArc Article Gist
The biggest decision coming out of the NATO and European Council meetings is Germany saying it supports stationing of long range missile systems in Germany by the US by 2026. German chancellor Scholz says the decision was a long time in the making and Germany supports it as a necessary step to secure the country. This happens as China's support to Russia continues through trade and economic relations and the Ukraine war prolonged for another year into 2025. Other decisions were to provide F-16's and added Patriot missile systems so that Ukraine can defend its skies from missile attacks.

France 24 Original article ›
dw.com Original article ›
dw.com Original article ›
dw.com Original article ›
dw.com Original article ›
dw.com Original article ›
LyrArc Article Gist
The second time around European leaders are more adept at handling a new DJT administration in the US. Scholz meets with Orban in Budapest. All European leaders meet in Budapest to assert a combined approach to Ukraine, to the US tariffs plans. European Union leaders feel confident they can come up with solutions acceptable to Europe, and assert Europe's interests without being dependent on the US.

Even the collapse of the Scholz German coalition government with the FDP party and Lindner defecting is taken in stride by saying that a new coalition will take its place. The loss of the FDP is not seen as critical as it is down to less than 4% in popular support in Germany. Orban and Hungary are also brought into the discussion to present a united Europe.

dw.com Original article ›
dw.com Original article ›
dw.com Original article ›
LyrArc Article Gist
For 161 years Croatia's old town in Zagreb is lighted with gas lamps. Tomislav Deak lights these lamps every day, a tradition Zagreb is holding on to in Croatia. Only Warsaw is lit with such gas lamps.

dw.com Original article ›
LyrArc Article Gist
 

Christmas market running car into a crowd on Dec 21 in Magdeburg pushes security as the main issue with migration not attracting workers for labor shortages. All parties are against migraton today in Germany. Professor Hohne of the Technical University in Chemnitz says

"With that, other facets of migration are pushed to the background — such as, for example, how to address Germany's labor shortage or attract skilled workers. I fear that the attack in Magdeburg will further strengthen this bias."

dw.com Original article ›

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