World News Insights
1-3 Minute Gist

World News Insights 1-3 Minute Gist

Upward Mobility 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 ›
LyrArc Article Gist
The problems that hit the UK economy with the announcement of unfunded tax cuts were worsened by very poor communications, the cavalier attitude of the new Truss government and finance minister Kwarteng, and a lack of experience, says this report in the WSJ.The toxic mix of inflation, higher interest rates particularly in the US, and the conflicting messages from the Conservative party with critics within the Conservatives calling the step misguided, had a strong impact on financial markets ...
mintOriginal article ›
LyrArc Article Gist
This report in The Mint gives information on the extensive preparation for 5G in India including auctioning of 5G spectrum for 51,236 Mhz that was allocated to telecom service providers for 150,000 crore rupees. Jio bid 88,000 crore for half of the spectrum with Airtel Bharti bidding with Vodafone for the rest. The cumulative economic impact on transformation of India is expected to be $450 billion for India by 2035, according to the Ministry of Communications. PM Modi will be shown three d ...
YouTubeOriginal article ›
LyrArc Article Gist
PM Modi inaugurates 5G service in 13 cities in India. These cities are Mumbai, Ahmedabad, Gandhinagar, Pune, Delhi, Gurugram, Chandigarh, Jamnagar, Lucknow, Bengaluru, Chennai, Varanasi, and Kolkata. Other cities will be connected in the next few months and other parts of India in the next phase of 1 to 3 years. Jio's Akash Ambani and Mukesh Ambani took the leadership role in pioneering 4G in India. Jio is now playing a key role in pioneering the transformational technology of 5G t ...
The HinduOriginal article ›
LyrArc Article Gist
The launch of 5G is expected to impact every aspect of life in India and act as a transformational force. Mr. Modi said he is happy that school children from rural parts of India, part of a 1.3 billion population, are a part of  this rollout. Students he said were interacting with eminent scientists from the classroom using this technology. He emphasized 4 pillars - cost of device, digital connectivity, cost of data ,and the mindset of Digital First. 

The goal is inte ...
NYTimes.comOriginal article ›
DW.COMOriginal article ›
LyrArc Article Gist
A hard fought election in Brazil between Mr. Bolsanaro and an ex-president Lula da Silva. Voting is compulsory in Brazil for all those who are literate and between age of 18 and 70 years. There are 156 million registered voters. President and members of Chamber of Deputies are elected for a four year term. Elections also take place for 27 governors for 26 states and one federal district. If no candidate in elections for president or governors gets 50% of the vote the vote heads to ...
WSJOriginal article ›
LyrArc Article Gist
Efforts to bring better wages and conditions to fast food business  through a law passed by Governor Newsom in California, to bring upward mobility and integration into the mainstream of society for millions of American families and children being opposed by McDonald's and Starbucks. Current wages are $15 a week which would bring a typical fast food worker $30,000 a year for a 40 hour week for 50 weeks. The poverty level for a family of five is $32,470 on the Healthcare.gov si ...
YouTubeOriginal article ›
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PM Modi inaugurates India's first Vande Bharat Express in Ahmedabad. New Metro in Ahmedabad and the Express trains increase multi-modal connectivity in Gujarat. Modi says the Vande Bharat train operates quietly with sound that is one hundredth of the sound that is heard on modern aircraft. A new rail station is planned for Ahmedabad and twin city arrangement with Gandhinagar. Modi says the transport infrastructure in Ahmedabad would be taken to the whole nation. He says Ahmedabadis have ...
The GuardianOriginal article ›
The GuardianOriginal article ›
LyrArc Article Gist
EU energy ministers approve a windfall tax of $140 billion as solidarity contribution of fossil fuel producers. This follows action taken by president Biden in the $369 billion US Climate bill to generate the funds for social solidarity and for climate change action for brighter future in US and Europe.
The GuardianOriginal article ›
LyrArc Article Gist
The British economy is battered by the impact of the mini-budget announced on September 28 by Truss and Kwarteng. The pound drops to $1.03 and British bond yields increase to 4.05%. Prime minister Truss and finance minister Kwarteng failed to wait for the assessment of the Office of Budget Responsibility (OBR) before announcing the mini-budget so that investor perceptions were secured, say experts.
The GuardianOriginal article ›
BBC NewsOriginal article ›
BBC NewsOriginal article ›
LyrArc Article Gist
Cheap abundant coal supplies support the Australian lifestyle and standard of living. Australia is a big exporter of coal. Here prime minister Morrison is shown with coal in his hand in parliament lauding its benefits to the Australian economy as a source of its wealth. Only now with floods, drought and fires is the real cost of coal becoming apparent to Australians. In elections in 2021 Mr. Albanese of Labour party replaced Mr. Morrison and promised changes. Mining interests and ...
NYTimes.comOriginal article ›
LyrArc Article Gist
Zambia's struggles with high debt and IMF assistance following an election that led to a change in government. Other countries in Africa facing similar economic problems are watching Zambia's progress.
The GuardianOriginal article ›
WSJOriginal article ›
The HinduOriginal article ›
LyrArc Article Gist
Indian foreign minister Jaishankar describes the highly eccentric situation of lack of US India close economic and defense cooperation for over 50 years, when the natural flow of cooperation one would expect between the land of Washington and Lincoln and the land of Vivekananda and Gandhi was interrupted. The current form of cooperation has existed for about 14 years and accelerated after prime minister Modi was elected in 2016. This was a turning point in the US India relati ...
YouTubeOriginal article ›
The HinduOriginal article ›

My Friend, Abe San

The HinduOriginal article ›
France 24Original article ›
LyrArc Article Gist
In an effort to build closer ties with France and the European Union, president Biden will host president Macron in the first state visit of his presidency.
France 24Original article ›
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FR24 gives this video and account of how Giorgia Meloni channeled Italy's conservative voter sentiment and sentiment on the right to win 26% of the vote to form a new government with Mr. Berlusconi and Mr. Salvini.
The GuardianOriginal article ›
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France's finance minister Bruno Le Maire announces a $45 billion effort to cap energy price increases for electricity and gas to 15% increase. Earlier efforts had capped the increase to 4% till the end of 2022 in a tariff shield (bouclier tarifaire). France's public accounts minister says the budget being presented is "a budget to protect." Windfall taxes on energy companies will reduce the cost of the $45 billion to $12 billion. Other protection is offered in the form of ...
WSJOriginal article ›
LyrArc Article Gist
With new apartment construction rents are decreasing in the US after reaching new highs.

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