• 11/29/2024

The World Bank Is Getting a New Chief. Will He Pivot Toward Climate Action?

New York Times Under pressure from world leaders, development experts and shareholders, the bank opens its spring meeting on Monday, poised for big changes. https://www.nytimes.com/2023/04/09/climate/world-bank-ajay-banga.html

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The Real-World Costs of the Digital Race for Bitcoin

New York Times Bitcoin mines cash in on electricity — by devouring it, selling it, even turning it off — and they cause immense pollution. In many cases, the public pays a price. https://www.nytimes.com/2023/04/09/business/bitcoin-mining-electricity-pollution.html

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Most Asian Currencies Weaken on Rising Bets for Fed Rate Hike

Wall Street Journal Most Asian currencies weakened against USD in the morning session amid rising bets for a 25bp rate increase at the FOMC’s May meeting, which could boost the appeal of U.S. fixed-income assets and thereby the greenback. https://www.wsj.com/articles/most-asian-currencies-weaken-on-rising-bets-for-fed-rate-hike-eef3cbe4

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Wall Street Journal These drugs are so futuristic that even doctors don't know how to handle them https://www.wsj.com/articles/more-amp-raquo-ce9024b9

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Ukraine May Run Out of Air Defenses by May, Leaked Pentagon Documents Warn

Wall Street Journal Kyiv is depleting its last reserves of S-300 missiles, making it possible for Russia to achieve air superiority, according to purported Pentagon presentations. https://www.wsj.com/articles/ukraine-may-run-out-of-air-defenses-by-may-leaked-pentagon-documents-warn-b96b0655

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How the Latest Leaked Documents Are Different From Past Breaches

New York Times The freshness of the documents — some appear to be barely 40 days old — and the hints they hold for operations to come make them particularly damaging, officials say. https://www.nytimes.com/2023/04/09/us/politics/leaked-pentagon-documents-ukraine.html

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Gold Ticks Down as Traders Weigh U.S. Jobs Report

Wall Street Journal Gold edged lower in the early morning Asian session as traders weighed the implications of Friday’s U.S. jobs report, which showed some signs of cooling in the labor market but was solid overall. https://www.wsj.com/articles/gold-ticks-down-as-traders-weigh-u-s-jobs-report-86a7dc30

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Nikkei Up 0.8%, Led by Shipping, Game Stocks

Wall Street Journal Japanese stocks were broadly higher in early trade, as the yen weakened after data showed the U.S. labor market cooled in March. https://www.wsj.com/articles/nikkei-may-rise-after-u-s-jobs-market-cooled-c41cf210

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Wall Street Journal One of the most damaging intelligence leaks in decades began on a messaging channel that trafficked in memes, jokes and racist talk https://www.wsj.com/articles/more-amp-raquo-d4785ca0

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Oil Edges Higher, Supported by Positive Sentiment

Wall Street Journal Oil edged higher in the early Asian session, supported by positive sentiment. https://www.wsj.com/articles/oil-edges-higher-supported-by-positive-sentiment-aa00f3c7

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