World News Insights
1-3 Minute Gist

World News Insights 1-3 Minute Gist

Consumer 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.


WSJOriginal article ›
WSJOriginal article ›
LyrArc Article Gist
The pandemic and the lockdowns resulted in a sudden surge in demand in 2020 and 2021 for home delivery of goods by Amazon. Amazon expanded rapidly during this period. Now in 2022 Andy Jassy the new Amazon CEO is cutting back warehouse capacity and finding ways to reduce Amazon's size as buyers are cutting back now that the economy is getting back to some normalcy. Inventories are piling up for retailers Target and Walmart.

During the pandemic Bezos set up hundreds of new wa ...
DW.COMOriginal article ›
WSJOriginal article ›
LyrArc Article Gist
Rising fuel prices are altering buying patterns across airlines, autos, food and other businesses says this report in WSJ. With prices at over $5 a gallon the impact is being felt across the US and other economies. Export of oil from the US for arbitrage opportunities and lack of growth in the shale industry with price volatility, is resulting in shortages of supplies and higher prices. About one fifth of the 8.3% inflation increase in April 2022 in US was from oil price increases. Similar ...
WSJOriginal article ›
WSJOriginal article ›
LyrArc Article Gist
How to know where inflation is headed is shown here in charts in the WSJ. One has to look at the charts for oil and energy costs, automobile costs which are about one fifth of the inflation, retail prices, travel costs, expectations that drive prices. As the pressures decrease for demand for goods in 2022 following a pandemic induced increase in demand the inflation is driven largely by energy and automobiles costs. Amazon is renting out the extra space that it does not need in warehou ...
WSJOriginal article ›
LyrArc Article Gist
WSJ Editorial Board looks at the reserves being set aside by banks and oil companies against losses in Russia as the situation in Ukraine worsens in April 2022, and has questions for CEO's that have not made preparations for a similar situation arising in China. Too much is being done on Russia "on the fly." For China 83% of American company CEO's have made no plans for supply chain action for China even after the pandemic hit and after the supply chain chaos from zer ...
DW.COMOriginal article ›
WSJOriginal article ›
LyrArc Article Gist
The lockdowns and war in Ukraine are affecting gasoline and food prices in China. Vegetable prices are up annual 17%, fruit 4% and flour 5%. Gasoline prices are up 25%. Shenzen, Jinlin and Shanghai are in lockdowns.
France 24Original article ›
WSJOriginal article ›
LyrArc Article Gist
"Trees not Warehouses" read signs protesting the building of more warehouse space in the US as residents protest the bringing of more noise, pollution and heavy duty trucks to their neighborhoods.Companies added over 1.5 billion square feet of new industrial space across the US from 2017, says this report in WSJ. A similar wave of building industrial space is taking place in Europe for warehouses. Communities from Pittsburgh to Madison, Wisconsin and neighborhoods in expanding log ...
WSJOriginal article ›
LyrArc Article Gist
The long 1300 mile journey of a consumer good is tracked in this WSJ documentary to show how complicated and crazy supply chains have become. The pandemic and the war in Ukraine are leading to this realization about how crazy things have become, the shift to shorter supply chains and bringing  manufacturing home or closer to home. Factories half a world away with products that turn up on consumer shelves a year later, does this make sense anymore, is the question raised in this WSJ documentary. Not told is the story of how this impacts jobs at home and how it impacts everything in local communities which consume these products. On the tax revenues from missing local factories shipped overseas that did not build the necessary infrastructure that makes communities livable and the funding for schools and hospitals. And the good manufacturing jobs that are missing in these local communities in the US and European Union leading to the fraying of societies and the values that under ...
The Times of IndiaOriginal article ›
LyrArc Article Gist
India's central bank chief, head of the RBI, responds to questions on managing commodity prices and keeping inflation under control.
WSJOriginal article ›
LyrArc Article Gist
Lower income households in the US are buying in smaller quantities, buying less well known brands, and hunting for deals on staples, as consumers pullback from costlier name brands during a period of high inflation. 
The GuardianOriginal article ›
LyrArc Article Gist
This Guardian editorial is critical of Rishi Sunak for economic policies in Britain that reduce borrowing at a time of high inflation and falling living standards in 2022.
WSJOriginal article ›
The Financial TimesOriginal article ›
The HinduOriginal article ›
WSJOriginal article ›
WSJOriginal article ›
WSJOriginal article ›
LyrArc Article Gist
P&G reports higher sales revenue by 6%  for the fourth quarter of 2021. Pricing on average for P&G cleaning and consumer products rose by 3% in the fourth quarter 2021. Soaring prices for raw materials. labor and transportation with supply chain difficulties were offset with the 3% increase in the last quarter of 2021. Yet volume increased by 3% as more cleaning products were used during the pandemic. P&G finance chief Schulten says the buyers are focused on clean home ...
The Economic TimesOriginal article ›
LyrArc Article Gist
A company making table tennis tables in Uttar Pradesh, India, gains access to the US market as supply chain reorganization takes place.
US Oceanic and Atmospheric AdministrationOriginal article ›
LyrArc Article Gist
The Great Pacific Garbage Patch of 1.6 million square kilometres near the coast of California, shown in this video from the US Oceanic and Atmospheric Administration, is one of many garbage patches in the world's oceans. It is like a peppery soup of microplastic with larger items mixed in and the peppery soup part is the hardest to cleanup. Cleanup is no easy task- cleanup of just 1% of the Pacific ocean would take 67 ships one year according to one estimate. The best way to t ...
WSJOriginal article ›

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