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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.
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Former New York Mayor writes an autobiographical children's book, "Eddie Shapes Up." Its about Koch as a youngster dealing with bad food habits and his increasing awareness about the importance of an healthy diet and and healthy living.
Former New York Mayor writes an autobiographical children's book, "Eddie Shapes Up." Its about Koch as a youngster dealing with bad food habits and his increasing awareness about the importance of an healthy diet and and healthy living.
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UK bank, HSBC Holdings, is in negotiations with a buyer to sell its 15.6% stake in Ping An Insurance Group of China. This stake is valued at $9.17 billion at current prices. The deal could give HSBC an estimated profit of $7.5 billion at a time when it needs to boost performance.
UK bank, HSBC Holdings, is in negotiations with a buyer to sell its 15.6% stake in Ping An Insurance Group of China. This stake is valued at $9.17 billion at current prices. The deal could give HSBC an estimated profit of $7.5 billion at a time when it needs to boost performance.
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Greece with the backing of the EU behind its debt situation has managed to sell $5 billion euros of 7 year bonds at 6% to refinance its debt.
Greece with the backing of the EU behind its debt situation has managed to sell $5 billion euros of 7 year bonds at 6% to refinance its debt.
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Saudi Arabia and the UAE are emerging as large arms buyers. Saudi Arabia spent $80 billion on arms purchases in 2014, more than France or Britain, according to the Stockholm International Peace Research Institute. The Emirates spent $23 billion, triple the amount spent in 2006. Qatar made a $11 billion deal in 2014 for air defense systems and helicopters. It is looking for F-15 fighter jets to replace its fleet of older Mirage jets. Lockheed plans to replace smaller Pentagon sales by increasing global arms sales to 25-30%, according to CEO Marillyn Hewson. It has setup a separate division for foreign military sales.
Saudi Arabia and the UAE are emerging as large arms buyers. Saudi Arabia spent $80 billion on arms purchases in 2014, more than France or Britain, according to the Stockholm International Peace Research Institute. The Emirates spent $23 billion, triple the amount spent in 2006. Qatar made a $11 billion deal in 2014 for air defense systems and helicopters. It is looking for F-15 fighter jets to replace its fleet of older Mirage jets. Lockheed plans to replace smaller Pentagon sales by increasing global arms sales to 25-30%, according to CEO Marillyn Hewson. It has setup a separate division for foreign military sales.
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The political fragility of the government in Greece led by the New Democracy Party. Polls for European parliament elections in 2014 show New Democracy with 19.5% support, Syriza with 20.2%, the new Centrist River Party 8.8% and Pasok down to 5.5%. Few alternatives exist to the Samaras coalition government. Economic progress is still fragile as a return to growth will take time. Both German chancellor Merkel and premier Samaras are sensitive to this situation, not wanting to upset the tangible gains made so far.
The political fragility of the government in Greece led by the New Democracy Party. Polls for European parliament elections in 2014 show New Democracy with 19.5% support, Syriza with 20.2%, the new Centrist River Party 8.8% and Pasok down to 5.5%. Few alternatives exist to the Samaras coalition government. Economic progress is still fragile as a return to growth will take time. Both German chancellor Merkel and premier Samaras are sensitive to this situation, not wanting to upset the tangible gains made so far.
LyrArc Article Gist
Two Stanford Law professors and their son who headed FTX a cryptocurrency firm that went into bankruptcy with large losses to investors form this cautionary tale in the WSJ on the plight of cryoptocurrency firms and the exposure of unknowing investors.
Two Stanford Law professors and their son who headed FTX a cryptocurrency firm that went into bankruptcy with large losses to investors form this cautionary tale in the WSJ on the plight of cryoptocurrency firms and the exposure of unknowing investors.
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Doing a 2 hour walk in Sydney, Australia, using ChatGPT turns out to be not so much fun with inaccurate replies casually given, and distances being off, restaurants closed and train stations nonexistent, says travel expert Kate Hennessy in The Guardian.
Doing a 2 hour walk in Sydney, Australia, using ChatGPT turns out to be not so much fun with inaccurate replies casually given, and distances being off, restaurants closed and train stations nonexistent, says travel expert Kate Hennessy in The Guardian.
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New sources of risk from AI include propaganda videos made using AI and software some of it developed by companies in the West. The NYT looks at the first of these videos where the voice and other tell tale signs show it is fake.
New sources of risk from AI include propaganda videos made using AI and software some of it developed by companies in the West. The NYT looks at the first of these videos where the voice and other tell tale signs show it is fake.
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The British government's sale of 7.5% of the shares in Lloyd's Bank to institutional investors in March 2014 for $7 billion. This reduces its stake in Lloyds bank to 25%.
The British government's sale of 7.5% of the shares in Lloyd's Bank to institutional investors in March 2014 for $7 billion. This reduces its stake in Lloyds bank to 25%.
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A digital strategy is what separates Books-A-Million Inc. of Birmingham, Alabama, a 257 chain store of bookstores, valued at a mere $47 million in April 2012, from Barnes and Noble with its Nook digital business valued at $1.4 billion after the deal with Microsoft.
A digital strategy is what separates Books-A-Million Inc. of Birmingham, Alabama, a 257 chain store of bookstores, valued at a mere $47 million in April 2012, from Barnes and Noble with its Nook digital business valued at $1.4 billion after the deal with Microsoft.
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How Iceland got into the dire mess that is in from a fisheries nation of 400,000 to an international banking centre with its banks assets ballooning to 100 billion euros. This after a ten year boom since 1990 when growth of 2.2 % ayear depending on fisheries shifted to 7-9% growth annually in the shift to international banking in a world of easy credit. Just think of this tiny Iceland with 2 billlion euros in foreign exchange reserves trying to deal with a banking system with 100 billion euros in assets, Iceland is way over its head. Banking is finished in Iceland and the country's people are back to fisheries like their fathers before them.
How Iceland got into the dire mess that is in from a fisheries nation of 400,000 to an international banking centre with its banks assets ballooning to 100 billion euros. This after a ten year boom since 1990 when growth of 2.2 % ayear depending on fisheries shifted to 7-9% growth annually in the shift to international banking in a world of easy credit. Just think of this tiny Iceland with 2 billlion euros in foreign exchange reserves trying to deal with a banking system with 100 billion euros in assets, Iceland is way over its head. Banking is finished in Iceland and the country's people are back to fisheries like their fathers before them.
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Social and economic changes in American society have come down to an alarming statistic. There are three young women for every two young men in American colleges. At Tulane the freshman class has two thirds women students. At liberal arts colleges the class is usually 60% women. As noted in this report by Susan Dominus in NYT there is a devaluing of college education because men have choices that are higher paying, conservatives have not emphasized college education, and "male drift" is a serious problem leading to male enrolment declining. And once in college men are dropping out at afaster rate. All this adds up to a serious problem in America, one that the Biden administration has to take seriously as it looks at rebuilding not just the economy, but also the education system that supports the US economy in the world.
Social and economic changes in American society have come down to an alarming statistic. There are three young women for every two young men in American colleges. At Tulane the freshman class has two thirds women students. At liberal arts colleges the class is usually 60% women. As noted in this report by Susan Dominus in NYT there is a devaluing of college education because men have choices that are higher paying, conservatives have not emphasized college education, and "male drift" is a serious problem leading to male enrolment declining. And once in college men are dropping out at afaster rate. All this adds up to a serious problem in America, one that the Biden administration has to take seriously as it looks at rebuilding not just the economy, but also the education system that supports the US economy in the world.
LyrArc Article Gist
Charlotte's role as the second largest banking center in the USA before third larges San Francisco and fourth largest Seattle, as Bank of America and Wachovia falter in the current financial crisis.
Charlotte's role as the second largest banking center in the USA before third larges San Francisco and fourth largest Seattle, as Bank of America and Wachovia falter in the current financial crisis.
LyrArc Article Gist
The Times looks at whether female leaders are better in handling situations like the pandemic. When it looks at all the information without cherry-picking this report says they are no better than male leaders. Sanna Marin of Finland and Angela Merkel are not better than a Biden or a Modi.
The Times looks at whether female leaders are better in handling situations like the pandemic. When it looks at all the information without cherry-picking this report says they are no better than male leaders. Sanna Marin of Finland and Angela Merkel are not better than a Biden or a Modi.
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