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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.


New York Times Original article ›
NDTV Sports Original article ›
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Gavaskar says of India in the First Test at Leeds Headingley, India's fielding was ordinary, not Test class. Catches were dropped, fielding was poor so that after five centuries India came up short. With India batting well in the second innings Gavaskar says England showed confidence that let Tongue and Woakes wind up the lower order. With Duckett's 149 with 21 fours and Crawley's 65 set up a two hundred run partnership, that Root and Smith were able to make it look easy to win by 5 wickets.

Wall Street Journal Original article ›
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About 60% of the population in Guinea, Sierra Leone, and Liberia, countries worst affected by the Ebola virus are facing food shortages. Markets are closed in these countries reducing access to food. The virus is affecting West Africa in other ways. Ample food supplies with lower prices of corn, wheat and rice on world markets, as a result of supplies from Brazil, India and Thailand, is not reaching Africa because of restricted access because of Ebola. Clogged ports, and conflicts adding to this reduced access. In East Africa the FAO estimates 20 millon people face food shortages up from 15 million estimate earlier. The rise in value of the dollar in relation to African currencies is increasing prices of food. Food price inflation is leading to a situation where an household with many children in a relatively better off country like Uganda being able to afford only one meal a day. The result will be increase in malnutrition in Africa if solutions are not found to get access to large food supplies outside Africa with lower prices. ...
Wall Street Journal Original article ›
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Said, Kent and Faucon describe the meetings and maneouvring between oil producers that led to the decision to not cut production at the November 2014 OPEC meetings in Vienna. This led to a drop in Brent crude down to below $70 by Dec. 2014, with Russia, Iran and Venezuela losing, countries such as India, and motorists benefitting from lower oil prices.
DW.COM Original article ›
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DW.com's Krishnan discusses the proposed sale of India's national airline Air India. The airline has recurring losses over the last ten years with debt of about $8 billion. By 2011 the airline's losses meant it did not have enough money to pay salaries and further government infusions were planned at that time. The market share of the airline has dropped to 13% as SpiceJet and IndiGO have taken larger share of the market. The Modi government has taken a decision to divest government ownership as losses continue to mount.

mint Original article ›
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Next generation logistics with India's new road, ports and aviation infrastructure building will be a key factor in increasing exports to $2 trillion by 2030, says this view in The Mint. The lack of logistics capabilities is holding back exports at the current time. This needs to change with the government's Gati Shakti plans for next generation infrastructure.

Wall Street Journal Original article ›
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Recently Abbott has expanded in international markets with the acquisition of Belgium's Solvay Pharmaceuticals, and collaboration with India's Cadila Healthcare Ltd. for generic drugs. Abbott CEO says he is comfortable with the price of the Piramal acquisition in India because he lost out in a bid for another company in an emerging market a few years ago. Piramal Healthcare will receive from Abbott an upfront $2.12 billion, and $400 million to be paid every year for 4 years beginning in 2011. Advantages Abbott's CEO White sees in this acquisition of Piramal, is that 70% of the Indian market is self-pay. And therefore not subject to government cuts in payment for drugs.
WSJ Original article ›
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The problem facing Africa is whether vaccine supplies will run out before new vaccine supplies come from America, Britain and France. Only less than 1% of African people have been fully vaccinated out of a population of 1.3 billion people. US president Biden said America will provide 500 million doses of Pfizer vaccine to poor nations before the G-7 meeting in Cornwall, UK. Britain added 100 million and France 30 million doses. With new more transmissable variants out there Africa is in considerable danger today. The Delta variant from India has been shown to be about 70% more contagious than the Alpha variant from Kent UK. It is already the dominant variant for new cases in the UK. The new variants are now spreading in Africa. Cities such as Johannesburg, South Africa, and Kampala, Uganda are seeing a surge in cases. Another problem in Africa is that governments are increasingly reluctant to impose strong lockdowns because of the economy. Already it is believed that Africa's middle class has been severely affected during the last 18 months. ...
Wall Street Journal Original article ›
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Average wage gains for rural areas about 5% between 2001 and 2003, and a loss of 2.5% in wages for the poorest 10% of the people in China are shown in information from the World Bank. This will be of concern to Chinese government as it moves forward with current policy.
The Indian Express Original article ›
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The expansion of irrigation coverage for agriculture from 40% to 82% is one of the great achievements of the Chouhan government in the state of Madhya Pradesh, India. This enables 1.9 crops per year. MP now ranks as the top state in agriculture  above Punjab Gujarat and Maharashtra. All farmers are paid Rs 6000 annually by the state government in addition to Rs 6000 from federal government. Farmers, women, tribal people, young people provide overwhelming support for the development agenda of the Modi government.

WSJ Original article ›
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Australian prime minister Scott Morrison says "global health trumps everything else," that " we need to have the information, and we need to have the transparency." Australia is seeking support from other countries in an effort to launch an investigation into missteps early in the crisis that have led to the epidemic spreading to millions of people around the world. China has rejected such an investigation. It has threatened retaliation with a consumer boycott of Australian beef and wine, and tariffs on barley. Australia tightened its laws on foreign interference and counterespionage in 2018. U.S. and European calls for an investigation into coronavirus origins is making Australia reconsider its trading relationship dependence on China. India has stepped up its vigilance of Chinese investment so that state backed entities do not acquire local companies affected by the pandemic. Japan has set aside $2.2 billion of its pandemic support package to help Japanese companies shift their supply chains out of China. ...
New York Times Original article ›
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Europe and India are preparing to sign a free trade deal that would triple existing 53 billion euro trade level in 5 years. An E.U.-India summit will take place in the fall to conclude this deal. Spain is particularly interested in India as its domestic market shrinks with austerity measures taken to reduce the deficit.
Wall Street Journal Original article ›
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Why a free trade agreement with China is still too early. Because India has still to develop its manufacturing base so that it can export to China. Already China's trade surplus with India is $10 billion because of more value added manufacturing goods from China.
NYTimes.com Original article ›
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Burning of stubble from the rice harvest to clear land for the next year's cultivation in the Punjab creates 25% of the pollution over New Delhi. Automobile pollution adds more pollutants. This toxic mix of pollutants is trapped by the cooler air during the winter over much of northern India. At one point the pollution index reached 643 in New Delhi, by comparison it was hard to breather with an index of 116 from the wildfires in Canada's northern region that sent smoke all the way into Washington D.C. 

WSJ Original article ›
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China is increasing use of domestic coal and reducing Australian coal imports in an effort to increase energy security and become self sufficient in coal. Spot price of thermal coal used to generate electricity is expected to drop by 39% in 2019. Coking coal used for steel production will decline by 38% as China uses more costly local coal and the steel industry in Europe, India and the U.S. lowers production with lower coal demand. The world consumed less coal in 2019 over 2018. Largely from less coal used in electricity generation which dropped by 2.5%.

The Guardian Original article ›
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India's ISRO Space Agency officials say the Orbiter Chandrayan 2 which is circling the moon and collecting data, has taken pictures of the Vikram lander. The lander did make it to the lunar surface though it lost contact because of a rough landing.

Wall Street Journal Original article ›
Wall Street Journal Original article ›
WSJ Original article ›
LyrArc Article Gist
For the first time in three decades US economic growth will be much faster than China's. Second quarter 2021 growth in the US was 12.2% compared to 7.9% in China, and will continue to be much higher for five consecutive quarters. This report in the WSJ says it is the result of the US response to the Covid pandemic. The US vaccination drive, massive fiscal stimulus and near zero interest rates have helped, including the confidence generated by the $1 trillion infrastructure investments planned for this decade. Over the longer term Capital Economic estimates China's GDP around 2030 will drop to 2% growth with demographic decline, just as the demographic factors favor Indian growth to levels that China has seen in the last two decades. This was the plan and vision set out by the Indian prime minister for 2047, on the 100th anniversary of independence. For the future government help has helped US households accumulate $2.6 trillion in excess household savings, which Moody's estimates is 7 times that in China.  In the longer term gaps will have narrowed between Asia and Europe, the US, which is a good thing. More will need to be done in Africa and Latin America. Much of the talk about who leads ignores the local needs in cities and towns across all parts of the world for a better quality of life, better education, better nutrition, better healthcare, meeting aspirations of young people, and supporting hope for a better future. ...
The Hindu Original article ›
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The Vice Chairman of the NITI Aayog, which replaced the Planning Commission, says his work in the government led to significant progress with the Indian economy reaching nearly 8% growth.

The Indian Express Original article ›
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Kenzaburo Oe in his writings reflected the anti-nuclear Japan of post World War II. That period also saw the emergence of China as a major economy. China's activity in the South China Sea, North Korea's ballistic missile program, created the situation where Japanese Defense Forces are now seen very differently as part of the US, India, Australia Quad alliance to ensure peace in the Asia-Pacific region.

POLITICO Original article ›
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This Politico report looks at the political career of Nikki Haley, 52 year old former governor of South Carolina. She comes across as a woman of resilience who did not at all let her situation as an immigrant's daughter in a southern state in the US faze her. Her parents come from highly educated background in India, and this may have given her that extra layer of resilience at home.

BBC News Original article ›
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The BBC shows pictures of the blue supermoon from different parts of the world including Brazil, Israel, Japan, Russia, US, England. It is a unforgettable sight in the night sky that people all over world were able to see on August 30, 2023. This one is over an old fort in Israel. Other pictures show it with a flower in Srinagar, India, and spectacular over the ancient temple of Poseidon in Greece.

The Indian Express Original article ›
LyrArc Article Gist
The vaccine produced by the Serum Institute of India with research at Oxford University in Britain will cost about Rs 1000 or $13, and it will be called Covishield. It is expected by November 2020 with 1 billion doses of production planned.

dw.com Original article ›
LyrArc Article Gist
France has reacted faster to the economic crisis presented by the pandemic. It shielded its economy earlier with government support and household consumption has held up better. Its presidential system led to faster decisions than Germany's decentralized mode leading to some experts saying it should borrow this aspect from France. France also has 70% of its energy from nuclear, Germany by contrast depended too long on Russia and Merkel's decision to completely get out of nuclear and to let overconcentration of supplies of energy from Russia happen was a mistake. Merkel also supported the auto industry without anticipating changes taking place after the Copenhagen Climate conference in 2009 and preparing for the future. The auto industry has taken a hit in Germany as it relies too much on imported EV batteries from China and was slow to make the transition to EV's and hybrids. In fairness to the SPD's Scholz and Greens Habeck considering the economy handed to them by Merkel they had to scramble after the Russian war in Ukraine in the middle of the pandemic. Germany made it through in record 1 year's time to be independent of Russian oil and gas, a huge achievement. Over time Germany will recover as it makes a transition of business away from overconcentration in China, another of Merkel's and German business failures to develop a vision for the future. China's slowdown has affected Germany. Germany has to invest in other parts of the world including in India and Japan to diversify the supply chain. Overall score card would give Habeck and Scholz a lot better score, Merkel and German business leaders of the time a low score, and Frnce and Germany about the same score. France for a steady response, and Germany for the speed in which the oil and gas crisis handled considering also that both countries have a centralized and decentralized system based on their respective history and culture. ...

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