Category: USA
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
Read MoreThe 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
Read MoreMost 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
Read MoreUkraine 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
Read MoreHow 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
Read MoreGold 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
Read MoreNikkei 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
Read MoreOil 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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