prologu5 – Page 39390 – Prologue Journal

CPI up 2.35% year-on-year in April

Taipei, May 5 (CNA) Taiwan’s consumer price index (CPI) rose 2.35 percent from a year earlier in April, largely due to a spike in food and entertainment and education expenses, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Friday. https://focustaiwan.tw/business/202305050013

Virgin Orbit: How Richard Branson’s Satellite Startup Went Bankrupt

Wall Street Journal Once promising satellite-launch startup Virgin Orbit filed for bankruptcy in April after launch issues and a changing satellite market caught up with it. WSJ explains what led to the Virgin Galactic spinoff’s collapse. https://www.wsj.com/articles/virgin-orbit-how-richard-bransons-satellite-startup-went-bankrupt-552ab9d7

Arab ministers to meet over Syria’s return to Arab league

Washington Post Officials say diplomats from Arab nations are planning an emergency meeting in Cairo over the weekend about fighting in Sudan and the return of Syria to the Arab League https://www.washingtonpost.com/world/2023/05/05/syria-arab-league-suspension-saudi-egypt/276f2c9e-eb2d-11ed-869e-986dd5713bc8_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_world

Hong Kong not legally required to set up district councils, justice minister says

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Secretary for Justice Paul Lam says recently announced reform aimed at ensuring district councils ‘fully and accurately implement’ intent of Basic Law. https://www.scmp.com/news/hong-kong/politics/article/3219546/hong-kong-not-legally-required-set-district-councils-justice-minister-says?utm_source=rss_feed

Second Mass Shooting in Two Days Leaves Eight Dead in Serbia

Wall Street Journal Serbian police arrested a suspect in the Balkan nation’s second mass shooting in two days. At least eight people died in the drive-by attack on Friday. On Wednesday, a 13-year-old boy killed eight students and a school guard in Belgrade. https://www.wsj.com/articles/second-mass-shooting-in-two-days-leaves-eight-dead-in-serbia-cc4ac009

Russian launches strike at Ukraine every hour during first days of May – US State Department

Pravda Ukraine The Russian Federation launched more than one missile, one drone, or one bomb every hour at Ukraine during the first four days of May. Source: US Embassy in Ukraine citing US State Department representative Vedant Patel Quote: “Since 1 May, Russia has launched more than 145 airstrikes across Ukraine. https://www.pravda.com.ua/eng/news/2023/05/5/7400807/

Will the labor market continue to push the economy?

Washington Post Recession fears loom large as the economy is weathering an onslaught of bad news lately. Yet the remarkable strength of the labor market, despite some softening, is buoying the U.S. economy through enormous uncertainty. https://www.washingtonpost.com/business/2023/05/05/april-jobs-report-unemployment/

Ukrainians’ donations buy intelligence station worth US$1.1 million

Pravda Ukraine The Come Back Alive foundation has purchased a mobile intelligence station for Ukrainian Defence Intelligence with donations; its cost is over UAH 41 million [approximately US$1.1 million]. Source: Come Back Alive [Povernys zhyvym], a Ukrainian non-governmental foundation Details: The foundation reports that this unique technical system will help special forces quickly detect Russian…

Indonesian TikTokker faces blasphemy charges, jail term for eating ‘just OK’ pork skin

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The 32-year-old travel influencer said this was not her first taste of pork, having first tried it when she was 24 in Sri Lanka. https://www.scmp.com/week-asia/people/article/3219539/indonesian-tiktokker-faces-blasphemy-charges-jail-term-eating-just-ok-pork-skin?utm_source=rss_feed

Most of the country’s missing workers are no longer missing

Washington Post In March 2021, more than 4 million workers were “missing” from the job market thanks to early retirements, a lack of childcare, covid and immigration slowdowns. In March 2023, 75 percent of those workers were back. https://www.washingtonpost.com/business/2023/05/05/missing-workers-pandemic-jobs/