prologu5 – Page 39600 – Prologue Journal

Will latest high-level talks help open a new chapter in US-China relations?

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Both sides say the meeting between Wang Yi and Jake Sullivan in Vienna was ‘candid and constructive’ but analysts remain cautious about where it will lead. https://www.scmp.com/news/china/diplomacy/article/3220409/will-latest-high-level-talks-help-open-new-chapter-us-china-relations?utm_source=rss_feed

U.S. Faces ‘Significant Risk’ of Running Out of Cash in June, C.B.O. Warns

New York Times A default would cause financial distress, economic disruptions and rapid increases in borrowing rates, the nonpartisan Congressional Budget Office said. https://www.nytimes.com/2023/05/12/us/politics/debt-ceiling-x-date.html

Biden to Nominate Philip Jefferson for Fed’s No. 2 Job

Wall Street Journal The president will also tap economist Adriana Kugler for a Fed board seat. If confirmed, she would be the first Latino to serve on the board. https://www.wsj.com/articles/biden-to-nominate-philip-jefferson-for-feds-no-2-job-7ebfd5f4

Five Best: Novels of Mothers and Daughters

Wall Street Journal Selected by Donal Ryan, the author, most recently, of ‘The Queen of Dirt Island.’ https://www.wsj.com/articles/five-best-novels-of-mothers-and-daughters-de2139ed

U.S. Risks Breaching Debt Ceiling in First Two Weeks of June

Wall Street Journal The government faces a significant risk that it will be unable to pay all of its bills in the first two weeks of June unless the debt ceiling is increased, the Congressional Budget Office said. https://www.wsj.com/articles/u-s-risks-breaching-debt-ceiling-in-first-two-weeks-of-june-cbo-says-29b5b9c2

Biden announces two historic nominations to Fed board

Washington Post The White House would make Philip Jefferson the Fed’s second Black vice chair and Adriana Kugler the Fed’s first Latina board member. https://www.washingtonpost.com/business/2023/05/12/biden-fed-jefferson-kugler/

Russian diplomat slams EU-mediated Belgrade-Pristina talks on May 2 as failure

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. According to Maria Zakharova, the EU has once again allowed Pristina to continue sabotaging its commitment to the creation of the self-governing body https://tass.com/politics/1616737

Martin Luther King, Christian Radical

Wall Street Journal Inspired by his vision of Jesus as ‘an extremist for love,’ the civil-rights leader challenged America’s status quo in ways that even some of his supporters resisted. https://www.wsj.com/articles/martin-luther-king-christian-radical-244a0a27

Russia’s patience in defense of rights at international platforms not limitless — Medvedev

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The politician noted that Russia remains committed to this approach today, despite constantly encountering “lies, bias, pressure and unfriendly actions of states of the collective West” https://tass.com/politics/1616731

Iran Releases 2 French Citizens From Detention

New York Times Benjamin Brière and Bernard Phelan had been accused of spying, which they denied. They had protested their captivity with hunger strikes, and their families had fought for their release. https://www.nytimes.com/2023/05/12/world/europe/iran-french-citizens-release.html