Prologue Journal – Page 32609 – Understanding current events through the lenses of the past and future.

Credit Suisse tells staff SNB facility does not trigger a ‘viability’ event

Reuters Documents reviewed by Reuters reveal Credit Suisse Group AG (CSGN.S) told staff on Thursday that the emergency backstop from the Swiss central bank does not trigger a “viability event.” Credit Suisse sought to shore up its liquidity and restore investor confidence on Thursday by borrowing up to $54 billion from Switzerland’s central bank, becoming…

UK debt agency treads careful path to sell near-record volume of bonds

Reuters Reuters exclusively reported that Britain is trying to limit the burden on bond dealers as it prepares to sell the highest volume of government debt since the COVID-19 pandemic against a backdrop of turbulent markets. The post UK debt agency treads careful path to sell near-record volume of bonds appeared first on Reuters News…

Ancient stone monument in Saudi Arabia sheds light on rituals

Jerusalem Post Based on new findings, researchers suggest that ritualistic belief and economic factors were more closely fused for Neolithic people in northwest Arabia than previously believed. https://www.jpost.com/archaeology/article-734248

CPI continues to climb, will likely result in harsher BoI interest rates

Jerusalem Post The increase in the CPI was driven by significant price increases in several sectors, including fresh produce, culture and entertainment, food, transportation and miscellaneous. https://www.jpost.com/business-and-innovation/banking-and-finance/article-734433

ECB likely to stick to big rate hike despite banking turmoil

Reuters In the wake of an exclusive Reuters report, financial markets adjusted expectations around future euro rate rises. Reuters reported that the European Central Bank was still leaning towards a 50-basis point hike, despite volatility after the Silicon Valley Bank collapse. The Reuters report, which prompted German bond futures to fall, revealed that policymakers were…

LIVE: Dr. Eduard Shyfrin discusses his upcoming book “The Relativity of Death”

Jerusalem Post Dr. Shyfrin spoke at the Jewish Book Week in London earlier this month. https://www.jpost.com/kabbalah/article-734410

Students discover Roman coin, basalt relief on Golan field trip

Jerusalem Post While on a field trip in the Golan Heights, students at Kinneret College first found a Roman coin and then discovered a basalt lion relief at another site. https://www.jpost.com/archaeology/article-734393

Bank of Israel Gov warns: Judicial reform could weaken bank independence

Jerusalem Post Yaron warned that investors may begin to withdraw money and invest it elsewhere as Israel’s government pushes ahead with judicial reform. https://www.jpost.com/business-and-innovation/banking-and-finance/article-734380

Pope Francis says he might lift celibacy requirements for priests

Jerusalem Post Francis, who previously opposed the idea that celibacy was an option for leaders of the church, appeared to loosen his stance when speaking with Argentine outlet Infobae. https://www.jpost.com/christianworld/article-734356

Former NY Gov. Cuomo announces new pro-Israel Democratic group

Jerusalem Post Cuomo, who is expected to challenge Sen. Kirsten Gillibrand as she runs for reelection next year, said he was forming the organization in order to pressure Democrats to fight criticism of Israel https://www.jpost.com/american-politics/article-734349