Regions – Page 3166 – Prologue Journal

With Tesla push, India mulls import tax cut if EV makers build locally

Reuters Reuters was first to report India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market. The policy being considered could allow automakers to import fully-built EVs into India at a…

Dmitri Utkin, a Leader of the Wagner Mercenaries, Presumed Dead

New York Times Mr. Utkin, a prominent commander in the private Russian military company, was a longtime lieutenant to Yevgeny V. Prigozhin. He is believed dead at 53 in a plane crash. https://www.nytimes.com/2023/08/25/obituaries/dmitri-utkin-dead-wagner.html

China steps up yuan defence with bond limit guidance

Reuters Reuters exclusively reported that China’s central bank has asked domestic banks to limit outflows into foreign bonds, the latest in the raft of steps authorities are taking to contain yuan weakness. The post China steps up yuan defence with bond limit guidance appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/china-steps-up-yuan-defence-with-bond-limit-guidance/

Léa Garcia, Who Raised Black Actors’ Profile in Brazil, Dies at 90

New York Times Best known internationally for her breakout performance in the 1959 film “Black Orpheus,” she challenged racial stereotypes over a seven-decade career. https://www.nytimes.com/2023/08/25/movies/lea-garcia-dead.html

New Brics members Saudi Arabia, UAE taking ‘a step away’ from US, seeking global roles

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Saudi Arabia and the UAE have sought Brics membership as they want to have “an additional hedge” against the US and diversify their economic partnerships https://www.scmp.com/week-asia/politics/article/3232351/new-brics-members-saudi-arabia-uae-taking-step-away-us-seeking-global-roles?utm_source=rss_feed

India economy: trade deal in the UK ‘very close’, minister says as PM Modi also pledges deeper ties in Greece

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The deal will help New Delhi become a bigger exporter, while the UK gets wider access for its whisky, premium cars and legal services. Meanwhile, India and Greece pledged to deepen ties in areas…

Russia Says Ukraine Targeted Crimea With Dozens of Drones

New York Times The attacks came the day after Ukraine claimed that its special forces had staged a brief raid into the occupied Crimean Peninsula and fought with Russian forces. https://www.nytimes.com/2023/08/25/world/europe/russia-crimea-drones.html

Al-Aqsa Mosque: Palestinian worshipers injured by Israeli assault

Disclaimer: PressTV is affiliated with the state broadcasting agency of the Islamic Republic of Iran, and is not a reliable news source. Israeli troops have attacked Palestinian worshipers gathering at the Al-Aqsa mosque for Friday prayers, injuring at least eight people. https://presstv.ir/Detail/2023/08/25/709598/Israeli-forces-attack-Palestinian-worshipers-Al-Quds-injure-several-them

With Yevgeny Prigozhin’s Death, Putin Projects a Message of Power

New York Times The Kremlin appears to be sending the signal that no degree of effectiveness can protect someone from punishment for disloyalty. https://www.nytimes.com/2023/08/25/world/europe/prigozhin-putin-russia-power.html

Heineken Sells Its Business in Russia for 1 Euro

New York Times After Russia’s invasion of Ukraine in February 2022, hundreds of Western companies announced they would quit operating in Russia. But actually selling their assets and withdrawing has taken time. https://www.nytimes.com/2023/08/25/world/europe/heineken-russia-exit-sale.html