prologu5 – Page 38640 – Prologue Journal

State Farm won’t insure new Calif. customers due to wildfires, high costs

Washington Post State Farm said it will no longer accept homeowner insurance applications in California, pointing to growing “catastrophe exposure” and the high cost to rebuild. https://www.washingtonpost.com/business/2023/05/28/statefarm-insurance-california-wildfires/

More than 40 Russia-launched drones and missiles destroyed – Kyiv’s military officials

Jerusalem Post https://www.jpost.com/breaking-news/article-744476

Taiwan’s Navy set to take delivery of second homemade corvette next month

Taipei, May 29 (CNA) Taiwan’s Navy is expected to take delivery of the nation’s second domestically built Tuo Chiang-class corvette next month, a military source told CNA on Monday. https://focustaiwan.tw/politics/202305290005

3 months after John Lee’s visit to Saudi Arabia, have Hong Kong firms made inroads? From pre-fab buildings to buses, businesses seek deals in region

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Hong Kong businesses reap the benefits of city leader John Lee’s visit to Saudi Arabia and UAE in February. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3222093/3-months-after-john-lees-visit-saudi-arabia-have-hong-kong-firms-made-inroads-pre-fab-buildings?utm_source=rss_feed

U.S. dollar down in Taipei trading

Taipei, May 29 (CNA) The U.S. dollar was traded at NT$30.675 at 10 a.m. Monday on the Taipei Foreign Exchange, down NT$0.073 from the previous close. https://focustaiwan.tw/business/202305290004

Taiwan headline news

Taipei, May 29 (CNA) The lead stories in major Taiwan dailies on Monday are as follows: https://focustaiwan.tw/society/202305290003

Over 40 Russian air targets destroyed over Kyiv

Pravda Ukraine Ukraine’s defence forces destroyed more than 40 Russian air targets over Kyiv on the night of 28-29 May. Critical damage, casualties and injuries have been avoided. Source: Kyiv Mayor Vitali Klitschko; Serhii Popko Head of the Kyiv City Military Administration Quote from Klitschko: “We are grateful to our air defence forces for their…

Oil Gains on U.S. Debt Ceiling Deal, Russia’s Comments

Wall Street Journal Oil prices were higher in the early Asian session. Fears over the U.S. debt default risks and concerns over its economy have eased on progress in the debt ceiling deal, said ANZ. https://www.wsj.com/articles/oil-gains-on-u-s-debt-ceiling-deal-russias-comments-748d99d4

Air-raid warning issued throughout Ukraine

Pravda Ukraine An air-raid warning was issued in Kyiv and several regions of Ukraine after midnight on 28 May. The warning later spread throughout Ukraine and lasted until 05:00 the next morning. Source: Air-raid warning map Details: An air-raid warning was initially issued in Kyiv and several other regions. https://www.pravda.com.ua/eng/news/2023/05/29/7404271/

Erdogan states intent to create gas hub in Turkey

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. In October 2022, Russian President Vladimir Putin put forward the idea of creating a gas hub in Turkey, where the lost volumes of transit through the Nord Stream gas pipeline could be redirected https://tass.com/world/1624255