prologu5 – Page 38693 – Prologue Journal

Asian Currencies Mixed as Traders Digest U.S. Debt-Ceiling Talks, Fed Officials’ Comments

Wall Street Journal Asian currencies were mixed against the USD in the morning session. The resumption of U.S. debt-ceiling talks may have spurred some hopes, but watch for brinkmanship and blame-shifting, said Mizuho Bank. https://www.wsj.com/articles/asian-currencies-mixed-as-traders-digest-u-s-debt-ceiling-talks-fed-officials-comments-1a52c076

India under severe weather alert as temperatures reach ‘unbearable’ 45 degrees, monsoon rains delayed

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. India’s meteorological agency warned that the blistering heat will continue for the next few days before monsoon rains bring some relief. https://www.scmp.com/news/asia/south-asia/article/3221470/india-under-severe-weather-alert-temperatures-reach-unbearable-45-degrees-monsoon-rains-delayed?utm_source=rss_feed

US tries to reel in Pacific islands as China tests new waters

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Washington plans new embassies as island nations become key arena for competition, while Beijing faces hurdles in building trust and people-to-people ties, according to observers. https://www.scmp.com/news/china/diplomacy/article/3221424/us-tries-reel-pacific-islands-china-tests-new-waters?utm_source=rss_feed

Mishustin to address Shanghai business forum, talk to entrepreneurs

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The Russian prime minister is also scheduled to hold talks with the president of the BRICS New Development Bank Dilma Rousseff https://tass.com/economy/1621473

Democrat Andy Beshear launches re-election tour as Republicans look to unite after brutal Kentucky primary

Fox News Incumbent Democratic Gov. Andy Beshear of Kentucky kicked off his campaign for re-election with a massive bus tour over the weekend, criss-crossing the state in an effort to consolidate his support as one of the nation’s most popular governors while Republicans hoping to flip the governor’s mansion red looked to unite following a…

G7 nations ‘burying heads in sand’ on climate change with ‘temporary’ gas investments

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Group said more cash spent on liquefied natural gas (LNG) can be a temporary solution amid energy crisis and war in Ukraine, but experts say this is a step backwards. https://www.scmp.com/week-asia/politics/article/3221434/g7-nations-burying-heads-sand-climate-change-temporary-gas-investments?utm_source=rss_feed

NYT shows aerial look at completely destroyed Bakhmut

Pravda Ukraine The New York Times has published drone footage documenting the destruction in Bakhmut, Donetsk Oblast, which became deserted after months of war. Source: The New York Times Details: The longest and bloodiest battle of the war in Ukraine has been going on for months in Bakhmut, The New York Times wrote. https://www.pravda.com.ua/eng/news/2023/05/23/7403400/

China Escalates U.S. Tech War With Micron Ban

New York Times A Chinese government block on Micron Technology’s memory chips marks how far apart the two economic powers are drifting on tech policy. https://www.nytimes.com/2023/05/22/business/micron-technology-china-ban.html

Taiwan shares open higher

Taipei, May 23 (CNA) The Taiwan Stock Exchange’s main index opened up 5.26 points at 16,186.15 Tuesday on turnover of NT$1.7 billion (US$55.56 million). https://focustaiwan.tw/business/202305230002

Biden and McCarthy Describe ‘Productive’ Debt Limit Talks, but No Deal Is Reached

New York Times With the United States at risk of defaulting for the first time, Speaker Kevin McCarthy and President Biden met again but remained far apart on a deal. https://www.nytimes.com/2023/05/22/us/politics/mccarthy-biden-meeting-debt-limit-talks.html