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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.


Wall Street Journal Original article ›
LyrArc Article Gist
As Mr. Maliki resigns from the premiership in Iraq, a former aide says of his eight years as prime minister that Maliki never battled to preserve the state, only to preserve his own premiership. And other colleagues says he thrived on demonizing the Sunnis and the regular crises under his leadership. The new prime minister Mr. Abadi is also from the same Shiite Dawa party that Maliki belonged to, and it is not clear how is leadership will turn out. The final push for Maliki's ouster came from Ayatollah Sistani of Iran. The U.S. and western allies also pushed for a new leader. The use of sectarian Shiite militias by Maliki to fight the Sunni insurgents from ISIS in 2014 further aggravated Iraq's religious divide.
New York Times Original article ›
LyrArc Article Gist
The battle for Aleppo moves into a decisive stage on October 1, 2012, as the Free Syria Army launches an offensive against neighborhoods where the Assad regime is entrenched, including minority Christian and Kurdish neighborhoods where some minority factions are siding with the Assad regime.
Wall Street Journal Original article ›
Economist Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Donald Trump proposes a ban on Muslims entering the U.S. until U.S. authorites have figured out what is happening following the San Bernardino terrorist attack. A poll by PPP polling firm cited in The Washington Post, shows 30% of Republicans thinking Islam should not be legal in the U.S. and 21% not sure, showing how Trump is appealing to white working class Americans and their fears. Experts say this is similiar to a movement in the 1850's which was anti-Catholic, except that at the time there was not the media attention and the presidential elections season running for a year, so that this was happening more at the local level.
Wall Street Journal Original article ›
LyrArc Article Gist
Analysis of 126 public pension plans by the National Association of State Retirement Administrators shows an average target rate of 7.68%. New York State Common Retirement Fund, third largest by assets, says it plans to drop the assumed rate of return to 7% from 7.5%. A drop of 1% boosts pension liabilities by about 12%, accoridng to the Centre for Retirement Research at Boston College. It means workers are required to contribute more to the pension funds for the same level of benefits, especially as lifespans grow and more Americans retire in an aging population. Other options are for states to cut payrolls and expenses. This is a positive step as it makes the assumptions realistic and improves the fiscal stability of the funds. The largest pension fund, California Public Employees Retirement System is considering dropping its assumption to below the current level of 7.5%. The lower assumed rates of return are not enough say critics, who cite the 3- 3.5% returns assumed in the 1960's for cash and bond based portfolios. The Laura and Arnold Foundation's Josh McGee says it is still not realistic. Retirement systems median actual return was 3.4% for 12 months ending June 30, 2015. Expert panel of actuaries and pension specialists says the right level for assumed returns is about 6.4%. Companies in the Fortune 1000 have already dropped the figure to 7.1%, from 9.2% in 2000, according to Towers Watson survey....
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Pope Francis plans a visit to the Philippines and Sri Lanka in Jan. 2015 This is an effort to support the Catholic Church in countries experiencing rapid population growth and change. The Philippines has 75 million Catholics, about the same number as in the U.S., and compared to 46 million in Italy. Mexico has 96 million Catholics, and Brazil 126 million Catholics, Sri Lanka 1 million, according to the Pew Research Center figures for 2010.
Washington Post Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
A Feb. 2011 NBC/Wall Street Journal shows only a small number of Americans think cuts to Medicare are necessary to "significantly reduce" the deficit. Only 18% favored cuts, 54% opposed cuts to Medicare to reduce the deficit. Only 22% said cuts to Social Security were needed, 49% said they were not needed. Tea party supporters by a 2 to 1 margin said significant cuts to Medicare were "unacceptable." What measures should be taken to put the entitlement programs on a sound financial basis? On this point over half of the people polled said they favor increasing the retirement age to 69 years by 2075, up from 66 now. A larger number said they support reducing Social Security and Medicare payments to wealthier Americans. Experts say these two measures could eliminate 60% of the underfunding of Social Security. On the issue of collective bargaining rights of public workers, this poll shows 62% of the people polled oppose effforts to weaken collective bargaining. This is similiar to the CBS/New York Times poll results of Feb 24, 2011 on this issue. See the group for this. This poll show a big yellow caution light for Republicans zealously advocating cuts to entitlements. Both polls show lack of public support for reducing the collective bargaining rights of public workers....
Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
The 25-30 fishing vessels and tugboats that have supplied Misurata by sea, act as an essential lifeline to the city besieged by Ghadafi. The boats operating under cover of darkness carry both humanitarian supplies and war needs for defence of the city. Libyan volunteers staff these boats, volunteers who believe that the people have finally found their voice against the Arab strongmen who have run countries in their region for decades. The defence of Misurata has another passion for these people, men like Saif Nasser who runs the tugboat Al Iradah 6- and this is to prove to the world that the Libyan people's struggle is not a sectarian struggle which should end with a partition of the country's east from the west. Misrata is a coastal city only 130 miles from Tripoli's coast. If the city is being defended against all odds, it tells the world that this is a popular struggle to build a new democratic Libya with civil rights and civil society, and a voice in their government, similiar to the struggles in Syria, Egypt and Tunisia....
Wall Street Journal Original article ›
LyrArc Article Gist
The pressure on the ruble as it reaches 40 to the dollar by Oct. 2014. The increase in inflation with higher import costs affects the Russian economy.
Washington Post Original article ›
New York Times Original article ›
Washington Post Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Washington Post Original article ›
LyrArc Article Gist
U.S. Secretary of State Kerry visits Hiroshima in April 2016, with all the foreign ministers of the G-7, following a G-7 foreign ministers meeting in Japan.
New York Times Original article ›
LyrArc Article Gist
One senior real estate economst at Property and Portfolio Research says the value of New York metropolitan area office buildings will decline by 58% from its late 2007 peak. Losses of 40 % have already ocurred, bu there is a ways to go for commercial real estate losses.
Wall Street Journal Original article ›
LyrArc Article Gist
AT&T had 4.3 million iPhone activations in the first quarter of 2012, down 43% from the prior quarter. Of the most valuable subscribers who signed up for 2 years AT&T showed 187,000 additions. All but 7000 of these were in tablets. . This indicates that the smartphone market in the U.S. is being saturated. AT&T used the iPhone introduction in 2007 as a way to take subscribers from Verizon and Sprint. That advantage is now fading.
Washington Post Original article ›

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