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Xi Jinping Tariff Negotiating Strategy with US Articles

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.


NYTimes.com Original article ›
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
Latin America is hit hard by the pandemic. About 20% of the region's companies will close down or about 2.7 million companies, and loss of 8.5 million jobs. GDP decline in 2020 of about 10% is expected.

All the statistics of a fall in poverty in Latin America that used to be cited by economists have proved to have no good foundations. Even before the pandemic the economies of Argentina and Brazil were in trouble. The pandemic has worsened the situation. It shows how important it is for countries in Latin America to build on strong foundations of education, health care and good governance. With fall in trade and in tax income the debt to GDP levels are expected to go up from 57% to 70% and 30% drop in earnings coming from relatives overseas to support families at home, resulting in great difficulties. 

WSJ Original article ›
France 24 Original article ›
France 24 Original article ›
LyrArc Article Gist
Steve Smith the Australian batsman who was the  player of the Ashes cricket series last year says his two remaining goals are to win the Ashes in England, and to win a Test series with India.

NYTimes.com Original article ›
LyrArc Article Gist
The strange story of an aging ship in extremely bad shape from a Black sea port in Georgia with a 2750 ton shipment of ammonium nitrate with a crew on unpaid wages making its way to port Beira in Mozambique in 2013. It is leased by a Russian owner living in Cyprus who would make $1 million for transporting the shipment to Fabrica de Explosivos de Mozambique. It makes an unscheduled stop in Beirut after problems with seamen on the crew to pickup some heavy machinery which might help pay the ship's crews wages. The machinery does not fit and in any case the ship is in such bad condition and cannot handle any machinery.  The port authorites are interested only in the docking fees which the indebted Russian owner does not pay and abandons his leased ship. The port of Beirut impounds the ship for unpaid docking fees which turns out to be the reason the ship remains in Beirut harbor. The ship fails shipping standards and takes in water, it remains in Beirut harbor till 2014 when the ship sinks. Before that the Beirut authorites for some strange reason unload the ammonium nitrate and leave it in Hangar 12 warehouse where it remained till it exploded yesterday. The authorites never gave much thought to the ammonium nitrate and its dangers till after unloading it. After unloading no one accepted responsibility. The Russian who had leased the ship was living in Cyprus and took no responsibility. The government of Lebanon also did not know what to do with it.  Repeated attempts by the port authorites asking the government to take some action for disposal fails to lead to any action. There is now a sense that Lebanon is a failing state because of the nature of this incident.   ...
The Guardian Original article ›
LyrArc Article Gist
The lack of effort and results in Britain's contact tracing for coronavirus is the subject of this report.

The Guardian Original article ›
LyrArc Article Gist
The poor kid from Sao Jose Dos Campos 150 miles northeast of Sao Paulo makes it against all odds to play soccer in Sao Paulo. Steve Lowe of the Guardian does this wonderful interview for soccer fans with Casemiro the defensive midfielder for Real Madrid.  Casemiro is all humility, hard work down to the kind of details soccer coach Jurgen Klopp loves to pay attention to in practice, and never forgets the values his mom taught him about not being too loud. And to remember where he came from, to always look for ways to help other kids like him aspiring for a better life. Casemiro says he plays strong and even aggressive, but it is always about using your head in the game, the key was thinking ahead, being better positioned, seeing the move before it takes place. It cost 3 euros per week to practice at a club 6 mile walk away which he could not afford once he came to Sao Paulo. Mr. Moreira who ran the club paid for his boots, food and the fees. When he says he gives 200% Casemiro is speaking with authenticity because it was hard in Brazil for kids from poor families aspiring to make it in club football. He loves to learn, listens well, and he says he watches the errors, thinks like a coach, always trying to read the game, the other team's mind, their coach, what they were trying to get get done. He sees it as his work and does this in a disciplined manner. Casemiro may now be the top player in world soccer today as Real Madrid head to Manchester City under coach Zinedin Zidane. Zidane meant a lot to Casemiro as inspiration in the early days he played in Brazil.   ...
The Guardian Original article ›
The Guardian Original article ›
The Guardian Original article ›
The Times Original article ›
The Times Original article ›
The Times Original article ›
The Times Original article ›
The Times Original article ›
LyrArc Article Gist
This report in The Times of London says 2700 tons of exploding ammonium nitrate was stored in one of the warehouses at Beirut port. This caused the explosion. Yet no one knows what caused the explosion and what caused the accident. It says in Beirut no one is in control of safety and security because the government is run by many parties and factions. 

WSJ Original article ›
LyrArc Article Gist
The long awaited renewal of America's National parks may finally be arriving with massive funding of the National Park Service by president Trump in 2020. Billions of dollars of undone maintenance from washrooms, to restaurants, to camping facilities for people, and maintenance work in the parks is finally being tackled in 2020. A new law called the Great American Outdoors Act will put $9.5 billion towards this which now has a bill the size of $12 billion for undone maintenance since 1990's.  Everything from water pumps, to camping facilities, remodeled buildings, employee facilities and housing, adding staff, will now be tackled. At the Rose Garden signing Mr. Trump said of teh National Parks what Teddy Roosevelt has always said- "This is truly God's creation. President Theodore Roosevelt was right when he called these exquisite resources." Mr Daines  Senator from Montana who with another Republican Mr. Cory Gardener of Colorado got enough Republicans to support the bill to get it passed 73 to 25 in the Senate. This is a great achievement for the American people particularly at a time like this with the pandemic taking over 150,000 American lives and so many recovering from the coronavirus. There ia new appreciation of the outdoors, of trees, gardens and of parks. The national parks show the beauty of America and every child sees America differently once he has experienced a stay in one of the many parks from Yosemite in California to Acadia National Park in Maine. It is a gift to the generations made possible today by spending money first in America, and regaining the national spirit. ...
WSJ Original article ›
LyrArc Article Gist
Mr. Trump sees jobless aid and stopping evictions a top priority but negotiations with Democrats are not moving forward.

WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
LyrArc Article Gist
This WSJ report shows how the Twitter account of Barack Obama and Elon Musk and other prominent individuals were hacked by a 17 year old Florida teenager who was into online gaming and bitcoin currency. The teenager acted as a co-worker from the IT department to convince a Twitter employee to provide access to company internal information. After doing work fo taking over and selling online accounts the teenager started an effort to penetrate Twitter's internal systems. The teenager Mr. Clark setup several fake phishing pages, including one for the internal Twitter Okata login portal. Okta is used for securely logging into to Twitter's internal company systems.

The hourslong hack of Twitter accounts happened on July 15 with A message put on Mr. Obama's Twitter account by  saying-"All Bitcoin sent to the address below will be sent back doubled. If you send $1000 I will send back $2000."

 


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