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Robusta Coffee Prices Hit Record on El Niño Forecast

Wall Street Journal Soft commodity prices from cocoa to coffee jumped after a prominent forecaster declared the return of El Niño, a weather phenomenon that risks wreaking havoc for farmers from South America to South East Asia. https://www.wsj.com/articles/robusta-coffee-prices-hit-record-on-el-nino-forecast-77b2bfb0

An Everest Climber Had ‘No Energy, No Oxygen, Nothing.’ A Sherpa Saved Him.

New York Times The arduous six-hour rescue in May came during an especially deadly spring climbing season on the world’s highest mountain. https://www.nytimes.com/2023/06/09/world/asia/sherpa-rescue-mount-everest.html

With eye on China, US and five allies condemn trade-related ‘economic coercion’

Jerusalem Post The countries expressed concern about “pervasive subsidization,” anti-competitive practices by state-owned enterprises. https://www.jpost.com/business-and-innovation/article-745779

Central Taiwan Science Park to hold recruitment fair Saturday

Taipei, June 9 (CNA) Over 1,000 positions with firms including Taiwan Semiconductor Manufacturing Co. (TSMC) and flat panel maker AUO Corp. will be on offer at a recruitment fair hosted by the Central Taiwan Science Park (CTSP) on Saturday, according to organizers. https://focustaiwan.tw/business/202306090016

Flood zone caused by Kakhovka explosion will increase – Ukrainian hydroelectric power company

Pravda Ukraine The area that has been flooded due to the blowing up of the Kakhovka Hydroelectric Power Plant (HPP) is set to increase, and the water will begin to recede in about three days. Source: Ihor Syrota, CEO of Ukrhydroenergo, in an interview with Ekonomichna Pravda Quote: “There probably won’t be an increase in…

Natural Gas Falls, But Still Up This Week

Wall Street Journal Natural gas prices fell as investors booked some profits ahead of the weekend and after a strong week of gains. https://www.wsj.com/articles/natural-gas-falls-but-still-up-5-this-week-d9edfbaa

Russians resume attacks on Kherson

Pravda Ukraine Oleksandr Prokudin, Head of the Kherson Oblast Military Administration, has reported that the Russians have renewed their attacks on the city of Kherson. Source: Prokudin on Telegram Quote: “The Russians are attacking Kherson again. https://www.pravda.com.ua/eng/news/2023/06/9/7406127/

Prologue Journal

Author: prologu5