Nations – Page 33370 – Prologue Journal

Auditors Didn’t Flag Risks Building Up in Banks

Wall Street Journal Bond losses such as those at Silicon Valley Bank could have been raised as “critical audit matters”—a measure designed to help investors decode risks and uncertainties buried in financial statements. https://www.wsj.com/articles/auditors-didnt-flag-risks-building-up-in-banks-6506585c

Tennessee’s Political Divisions Deepen Between State and Its Cities

Wall Street Journal The expulsion of two Democrats from the state House by Republican lawmakers is the latest episode of the political polarization playing out in red states with blue cities. https://www.wsj.com/articles/tennessees-political-divisions-deepen-between-state-and-its-cities-6ac062e2

Ozempic, Wegovy and Mounjaro Spark a Weight-Loss and Diet Industry Identity Crisis

Wall Street Journal Weight-loss businesses, which long pushed calorie-counting and willpower, are grappling with the surging popularity of new drugs. https://www.wsj.com/articles/ozempic-wegovy-mounjaro-weight-loss-industry-89419ecb

Stock Pickers Failed to Take Part in First-Quarter Rally

Wall Street Journal Bearish positioning and less exposure to the large technology stocks hurt active fund managers. https://www.wsj.com/articles/stock-pickers-failed-to-take-part-in-first-quarter-rally-db2f910f

Moscow-Backed Official Claims Visit to Frontline City Bakhmut

Moscow Times The battle for Bakhmut is the longest and bloodiest of Russia’s offensive. https://www.themoscowtimes.com/2023/04/10/moscow-backed-official-claims-visit-to-frontline-city-bakhmut-a80772

TSMC March revenue hits 17-month low

Taipei, April 10 (CNA) Taiwan Semiconductor Manufacturing Co., the world’s leading contract chipmaker, booked NT$145.41 billion (US$4.77 billion) in consolidated revenue for March, the lowest monthly level for 17 months, according to a financial statement released by the company on Monday. https://focustaiwan.tw/business/202304100014

Belarusian President Lukashenko meets Russia’s defense minister – report

Jerusalem Post https://www.jpost.com/breaking-news/article-738862

Restoration of 500-year-old Quran near completion: National library

Taipei, April 10 (CNA) The restoration of a 500-year-old handwritten Holy Quran, which was heavily damaged by time and elements, is likely to be completed by the end of April, according to the National Taiwan Library. https://focustaiwan.tw/culture/202304100013

High Court rules to demolish home of Jerusalem bombing terrorist

Jerusalem Post https://www.jpost.com/breaking-news/article-738859

Chinese tech companies are exploiting US green energy goals, former State Department officials warn

Fox News EXCLUSIVE: Two former U.S. ambassadors are sounding the alarm on the increasing number of green energy projects nationwide being developed with the involvement of Chinese companies. Former U.S. Ambassadors Peter Hoekstra and Joseph Cella said Chinese companies, which are subject to strict Chinese laws, have made a concerted effort to take advantage of…