Nations – Page 28742 – Prologue Journal

New Zealand Government to Probe Banking Competition

Wall Street Journal New Zealand authorities have announced an investigation into profitability and competition in its banking sector amid concerns that lenders have made large profits while customers are managing cost-of-living pressures. https://www.wsj.com/articles/new-zealand-government-to-probe-banking-competition-862109a9

Ukrainian defenders destroy helicopter and kill more than 1,000 occupiers in a day

Pravda Ukraine Russia continues to suffer losses in its war of aggression against Ukraine; in the past day alone, the defenders killed 1,010 Russian invaders and destroyed 23 artillery systems, 15 armoured combat vehicles and eight tanks. https://www.pravda.com.ua/eng/news/2023/06/20/7407602/

Explosive device found next to building in Rehovot

Jerusalem Post https://www.jpost.com/breaking-news/article-746904

Alibaba Says Chairman and CEO Daniel Zhang Will Be Replaced

Wall Street Journal Alibaba is reshuffling its top executives, with current Vice Chairman Joseph Tsai taking over as chairman from Daniel Zhang while the head of its domestic e-commerce unit was named CEO. https://www.wsj.com/articles/alibaba-says-joseph-tsai-to-take-over-as-chairman-succeeding-daniel-zhang-3bdf7a9

Silicon Valley’s Newest Unicorn Is a Mining Company

Wall Street Journal Bill Gates and other tech-industry investors are backing AI-powered startup KoBold Metals. https://www.wsj.com/articles/silicon-valleys-newest-unicorn-is-a-mining-company-9d22ea6c

China Cuts Borrowing Rates Again in Bid to Juice Recovery

Wall Street Journal Economists say that more drastic measures may be needed, with debt and uncertainty continuing to weigh on consumers’ willingness to spend. https://www.wsj.com/articles/china-cuts-borrowing-rates-again-in-bid-to-juice-recovery-466b1d90

Russian flamethrower crews destroy Ukrainian stronghold in Krasny Liman area

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. According to spokesman for Russia’s Battlegroup Center Alexander Savchuk, enemy troops, supported by combat vehicles of the 63rd and 42nd Mechanized Brigades of the Ukrainian armed forces, tried to attack Russian positions near the Torskoye settlement and the Serebryansky forestry https://tass.com/defense/1635203

China plans new military training facility in Cuba, alarming US – report

Jerusalem Post https://www.jpost.com/breaking-news/article-746903

‘Massive’ Overnight Drone Attack on Kyiv – Ukrainian Officials

Moscow Times Authorities said almost two dozen drones were shot down. https://www.themoscowtimes.com/2023/06/20/massive-overnight-drone-attack-on-kyiv-ukrainian-officials-a81563

45 combat clashes between Ukraine’s defenders and Russian forces in a day – General Staff report

Pravda Ukraine There were 45 combat clashes between the Defence Forces of Ukraine and the Russian occupying forces on four fronts on 19 June. Source: General Staff of the Armed Forces of Ukraine, information as of 06:00 on 20 June Quote: “Last night, Russian terrorists launched another large-scale missile and air strike on Ukraine. https://www.pravda.com.ua/eng/news/2023/06/20/7407600/