• 11/15/2024

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

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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

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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

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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

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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/

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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

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Georgia Leader Says Russia Sanctions Would ‘Devastate’ Economy

Moscow Times Facing international criticism, Prime Minister Garbashvili strongly defended his country’s reluctance to take action against its giant neighbor. https://www.themoscowtimes.com/2023/05/24/georgia-leader-says-russia-sanctions-would-devastate-economy-a81258

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Traffic on Russia’s Crimean Bridge restored after drills

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Crimea’s Head Sergey Aksyonov said on his Telegram channel earlier in the day that the Crimean Bridge had been closed for several hours due to the drills being held in that area https://tass.com/society/1622199

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Russia could face a revolution, lose in Ukraine war, Wagner chief warns

Jerusalem Post Russia’s most powerful mercenary said his political outlook was dominated by love for the motherland and serving President Vladimir Putin. https://www.jpost.com/international/article-744067

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An influencer’s Bioré ad mentioned a school shooting. Both have apologized.

Washington Post Many social media users took issue with the ad, in which Cecilee Max-Brown described struggles with anxiety after a gunman opened fire on her college campus. https://www.washingtonpost.com/nation/2023/05/24/biore-tiktok-influencer-school-shooting/

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