Prologue Journal – Page 32818 – Understanding current events through the lenses of the past and future.

July 2028 DSL Seen Offering Limited Relative Value on Dutch Curve

Wall Street Journal According to Citi, the Dutch 0.75% July 2028 DSL offers limited relative value on the Dutch bond curve, but looking at the bond cross-market, the spread between the Dutch auction bond and Germany’s 0.25% August 2028 bond is at its cheapest level over a one-year horizon. https://www.wsj.com/articles/eurozone-bond-yields-edge-higher-as-market-looks-for-little-change-in-pmi-data-943ecc04

Israeli firefighters battle Dead Sea blaze for 2nd day, arson suspected

Jerusalem Post The fire began on Monday near Kibbutz Kalia, north of Israel’s Dead Sea. https://www.jpost.com/israel-news/article-743929

4 Everest Ascents in 10 Days: Sherpas Battle for a Climbing Record

New York Times The friendly but grueling competition mixes monetary rewards with abundant dangers for a pair of veteran mountain guides. https://www.nytimes.com/2023/05/23/world/asia/sherpas-everest-competition.html

Downpours do little to ease drought conditions in southern Taiwan

Taipei, May 23 (CNA) A weather front brought heavy downpours to much of Taiwan on Monday night, but less than 5 percent of the rain ended up in reservoirs in the drought-stricken southern part of the island, the Water Resources Agency (WRA) estimated Tuesday. https://focustaiwan.tw/society/202305230006

Barratt Developments Chair John Allan to Step Down Early

Wall Street Journal Barratt Developments said Caroline Silver will take over as chair of the board earlier than originally planned to prevent allegations against John Allan from becoming disruptive to the company. https://www.wsj.com/articles/barratt-developments-chair-john-allan-to-step-down-early-amid-allegations-7d5d6931

Adani Companies’ Shares Rise for Second Straight Day

Wall Street Journal Shares of companies in the Adani group rose sharply for a second day on Tuesday, amid buoyant investor sentiment, after a panel appointed by India’s Supreme Court found no evidence of price manipulation as alleged by a short seller earlier this year. https://www.wsj.com/articles/adani-companies-shares-rise-for-second-straight-day-3f01ff3c

Russia will use incident in Belgorod Oblast to promote narrative of being “war victim” – UK intelligence

Pravda Ukraine The UK MoD believes Russia will use the latest incidents on its border to promote its official narrative of being a “victim of war”. Source: UK Defence Intelligence, as reported by European Pravda Details: The UK analysts noted that Russian security forces evidently clashed with resistance forces in at least three areas in…

Ukraine live briefing: Fighting continues in and around Bakhmut, Ukrainian officials say

Washington Post Despite Russia’s claim to have seized Bakhmut, Ukraine said it was in control of some areas. Before-and-after photos show flattened homes and scorched landscapes. https://www.washingtonpost.com/world/2023/05/23/russia-ukraine-war-news/

50 Islamist terrorists storm Pakistan gas, oil plant, killing 6

Jerusalem Post https://www.jpost.com/breaking-news/article-743928

Attempts to freeze war in Ukraine are wrong – UK Prime Minister

Pravda Ukraine Attempts to freeze the war in Ukraine at the present stage are “absolutely wrong” and must be stopped. Source: Evening Standard, referring to Rishi Sunak, UK Prime Minister Details: Speaking in parliament, Sunak responded to former Labour leader Jeremy Corbyn, who called for a ceasefire in Ukraine. https://www.pravda.com.ua/eng/news/2023/05/23/7403413/