prologu5 – Page 32584 – Prologue Journal

Israel faces ‘long-term economic risk’ due to judicial reform – Moody’s

Jerusalem Post “If implemented in full, the proposed changes could materially weaken the strength of the judiciary and as such be credit negative,” the agency said. https://www.jpost.com/business-and-innovation/banking-and-finance/article-733655

Boy meets voters: Ben Savage is running to replace Adam Schiff

Jerusalem Post Actor Ben Savage, 42, is among at least four Democrats running in the primary to replace Schiff in his Los Angeles-area congressional district. https://www.jpost.com/breaking-news/article-733640

Exclusive Analysis: Biden’s clean energy factory jobs may elude U.S. union workers

Reuters A proprietary Reuters analysis took readers on a deep dive into President Joe Biden’s pledge to fight climate change and his promise to deliver millions of middle-class jobs with good wages to Americans with union membership cards. Still, a large majority of the $50 billion of investments announced so far in domestic manufacturing has…

Sri Lanka in talks to extend $1B Indian credit line as IMF deal looms

Reuters Sources exclusively revealed to Reuters that Sri Lanka is negotiating with India to extend a $1 billon credit line by a few months as the island nation tries to line up funds for the remainder of the year while the IMF looks prepared to approve a $2.9 billion loan. The extension talks come as…

Israeli credit market is growing, and Magen Credit just raised NIS 117m.

Jerusalem Post As Israel’s credit market grows in the wake of 2019’s implementation of credit scores, some hefty funds are flying into the sprouting sector. https://www.jpost.com/business-and-innovation/banking-and-finance/article-733607

Snapchat kicks few children off app in Britain

Reuters Reuters exclusively reported that Snapchat (SNAP.N) is kicking dozens of children in Britain off its platform each month, compared with tens of thousands blocked by rival TikTok. Social media platforms, such as Meta’s (META.O) Instagram, ByteDance’s TikTok, and Snap Inc.’s Snapchat, require users to be at least 13 years old to protect the privacy…

Russian crude oil heads to UAE as sanctions divert flows

Reuters Reuters exclusively revealed that the United Arab Emirates has been taking more cargoes of Russian crude oil, according to ship tracking data and trading sources, in another example of how Western sanctions on Russia have adjusted traditional energy trade flows. Russia has been selling both crude and refined products at discounted prices after international…

Nvidia’s plans for sales to Huawei imperiled if U.S. tightens Huawei curbs-draft

Reuters Reuters exclusively reported that U.S. chipmaker Nvidia Corp’s plans to sell technology to China’s Huawei would be thwarted if the U.S. government proceeds with a proposal to further restrict shipments to the blacklisted company. The Biden administration has been considering limiting the items it authorizes U.S. companies to ship to Huawei, which was added…

Reuters was first to report that SoftBank’s Arm aims to raise at least $8 billion in U.S. IPO

Reuters Reuters was first to report that Arm Ltd, the British chip designer owned by Japan’s SoftBank Group Corp (9984.T), is seeking to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market launch this year. Arm is expected to confidentially submit paperwork for its initial public offering in…

Reuters breaks news of China growth target

Reuters Reuters was 39 minutes ahead in breaking the news that China had set an economic growth target of around 5% for 2023 – an eagerly awaited number that ranks as one of the most important data points in global economics. The target for the world’s second-largest economy was at the low end of expectations,…