Prologue Journal – Page 32501 – Understanding current events through the lenses of the past and future.

It Just Had an Energy Crisis, Now Europe Faces a Food Shock

Wall Street Journal Inflation as a whole is falling, but food prices are rocketing, forcing consumers to tighten their belts and presenting a new policy challenge for governments still reeling from a spending spree to support households through the pandemic and an energy crisis. https://www.wsj.com/articles/it-just-had-an-energy-crisis-now-europe-faces-a-food-shock-7a7f88d2

Advocacy group issues travel advisory to parents over California and Minnesota ‘trans refuge’ bills

Fox News An advocacy and think tank organization issued a travel advisory to California and Minnesota after lawmakers passed legislation to override out-of-state parental rights. The American Principles Project (APP) is warning parents across the United States of the possibility of their parental rights being stripped away as recent legislation in California and Minnesota move to…

Bangladesh open to buying Russian oil at affordable price — prime minister

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. It is emphasized that the south Asian country adheres to a policy of maintaining amicable relations with all countries https://tass.com/economy/1622205

Hong Kong man seeks court review of ‘biased’ policy requiring real-name registration for mobile SIM cards

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Cheung Wun-yiu applies for judicial review, says new rule is unfair for anyone hoping to remain anonymous over the phone. https://www.scmp.com/news/hong-kong/law-and-crime/article/3221686/hong-kong-man-seeks-court-review-biased-policy-requiring-real-name-registration-mobile-sim-cards?utm_source=rss_feed

Cayman Islands Regulator Exploring Legal Options After FDIC Seized SVB Deposits

Wall Street Journal A government official recently met with Chinese depositors whose accounts were drained after SVB’s collapse. https://www.wsj.com/articles/cayman-islands-regulator-exploring-legal-options-after-fdic-seized-svb-deposits-b00704ae

Taiwan shares recoup early losses; U.S. debt ceiling talk worries remain

Taipei, May 24 (CNA) Shares in Taiwan closed slightly lower after recouping most of their earlier losses Wednesday as bargain hunters rushed to pick large cap stocks almost across the board in the afternoon session, dealers said. https://focustaiwan.tw/business/202305240013

The Human Cost of El Salvador’s Massive Gang Crackdown

Wall Street Journal El Salvador jailed more than 66,000 people in a crackdown on gangs last year, giving it the world’s highest incarceration rate. WSJ traveled to San Salvador to explore how the push is affecting communities as rights groups say thousands are wrongfully held. https://www.wsj.com/articles/the-human-cost-of-el-salvadors-massive-gang-crackdown-c7129b20

Russia to harshly suppress any Ukrainian terrorist attack, says diplomat

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Maria Zakharova pointed out that extremism and terrorism are now flourishing in Kiev https://tass.com/politics/1622203

Zelenskyy holds meeting of Staff focused on ammunition supply and transition to new types of aircraft

Pravda Ukraine President Volodymyr Zelenskyy has held a regular meeting of the Staff of the Supreme Commander-in-Chief Staff. Source: Zelenskyy on Telegram Quote: “Another meeting of the Staff. The Commander-in-Chief, the Defence Intelligence of Ukraine, and the commanders of the Khortytsia and Tavriia joint military units reported on the operational situation. https://www.pravda.com.ua/eng/news/2023/05/24/7403631/

Putin stresses rising global instability, need for mutual trust to foreign security heads

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. According to the Russian leader, Russia is confident that there is a real alternative to this destructive course and the policy of blackmail and illegitimate sanctions https://tass.com/politics/1622201