prologu5 – Page 39229 – Prologue Journal

Livent, Allkem Agree to Create $10.6 Billion Lithium Producer

Wall Street Journal Demand for a commodity used in batteries has risen sharply as the take-up of electric vehicles accelerates. https://www.wsj.com/articles/livent-allkem-agree-to-create-10-6-billion-lithium-producer-452a2a67

The Home Buyer’s Quandary: Nobody’s Selling

Wall Street Journal Many are ready to move but don’t want to lose the low-rate mortgages they locked in a few years ago, crimping the supply of homes and keeping prices high. https://www.wsj.com/articles/the-home-buyers-quandary-nobodys-selling-47c08d8

Bank of Russia sells foreign currency worth $48.61 mln with settlements on March 5

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The Russian Ministry of Finance resumed foreign exchange sales operations on the domestic currency market on January 13 as part of the new fiscal rule mechanism https://tass.com/economy/1615409

More Modi, Less Hindu Nationalism: Reading Tea Leaves in India Vote

New York Times A state election in Karnataka was being watched for what it might say about national elections next year. https://www.nytimes.com/2023/05/10/world/asia/india-karnataka-election.html

TikTok Delays Full Opening of U.S. Shop

Wall Street Journal Concerns over the video-sharing app’s future are deterring merchants from joining, dragging on Chinese parent ByteDance’s plans to earn more money from its prize global asset. https://www.wsj.com/articles/tiktok-delays-full-opening-of-u-s-shop-84ab059d

Hong Kong’s terminally ill will have more say in medical treatments and deaths under proposed amendment to law

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Proposed amendments aim to give legal status to advance directives, a hospital document allowing dying patients to choose their treatments. https://www.scmp.com/news/hong-kong/health-environment/article/3220096/hong-kongs-terminally-ill-will-have-more-say-medical-treatments-and-deaths-under-proposed-amendment?utm_source=rss_feed

Convicted Pharma Fraudster Shkreli’s Companies File For Bankruptcy

Wall Street Journal A new board installed after Martin Shkreli was imprisoned for securities fraud has filed his companies Phoenixus and Vyera for chapter 11. https://www.wsj.com/articles/convicted-pharma-fraudster-shkrelis-companies-file-for-bankruptcy-a920a984

Hon Hai signs MOU with Infineon on electric vehicle development

Taipei, May 10 (CNA) Taiwan-based manufacturing giant Hon Hai Precision Industry Co. has teamed up with Germany-headquartered automotive semiconductor developer Infineon Technologies AG in electric vehicle development. https://focustaiwan.tw/sci-tech/202305100017

Early presidential election campaign kicks off in Uzbekistan

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. On April 30, a referendum on amendments to the country’s constitution was held in Uzbekistan, which will extend the presidential term in office from five to seven years https://tass.com/world/1615403

Russia’s State Duma likely to discuss CFE treaty’s denunciation on May 16 — MP

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The treaty was signed in 1990 and amended in 1997 https://tass.com/politics/1615397