Prologue Journal – Page 34 – Understanding current events through the lenses of the past and future.

Trump Should Challenge the Fed’s Policies

Wall Street Journal An independent agency of government shouldn’t have such enormous power to skew financial outcomes. https://www.wsj.com/articles/trump-is-right-to-put-the-screws-on-the-fed-interest-rates-inflation-4709d07a

The U.S. Homeland Stands Unguarded

Wall Street Journal The Pentagon needs to modernize its plans to defend against new threats from Russia and China. https://www.wsj.com/articles/the-u-s-homeland-stands-unguarded-military-defense-d3f16845

Why the next generation of engineers will drive Israel’s future

Jerusalem Post Prof. Ami Moyal, president of Afeka Academic College of Engineering in Tel Aviv, says engineering and hi-tech contributions will be crucial for Israel’s postwar economy. https://www.jpost.com/israel-news/article-831257

Biden Tosses Rivian a $6 Billion Lifeline

Wall Street Journal The company is losing $107,043 per EV sale, and taxpayers could end up paying. https://www.wsj.com/articles/biden-tosses-rivian-a-6-billion-lifeline-dfdce139

Trump tariffs could be a blessing in disguise for China’s reformers

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. As China grapples with weak domestic demand and a mounting debt crisis, Trump 2.0 could boost the push for a unified Chinese market. https://www.scmp.com/opinion/china-opinion/article/3288154/trump-tariffs-could-be-blessing-disguise-chinas-reformers?utm_source=rss_feed

The Election Campaign Europe Needs

Wall Street Journal Germans may finally get a chance to vote for economic growth. https://www.wsj.com/articles/germany-election-olaf-scholz-christian-lindner-friedrich-merz-economic-growth-1b37170c

Friday Briefing: Day 2 of Lebanon’s Cease-fire

New York Times Plus, the gangs stealing hiring exams in India. https://www.nytimes.com/2024/11/28/briefing/lebanon-cease-fire-russia-ukraine-australia.html

Lebanese Residents of Baalbek Return to a Bombed-Out City

New York Times Tens of thousands of people who had fled the city of Baalbek returned to bombed-out restaurants, flattened apartment buildings and many of the dead still buried under the rubble. https://www.nytimes.com/2024/11/28/world/middleeast/baalbek-lebanon-israel.html

Winston Churchill: An American Patriot

Wall Street Journal His leadership and foresight still inspire the free world, 150 years after his birth. https://www.wsj.com/articles/winston-churchill-an-american-patriot-history-leadership-0c4ec241

British Labour Meets the Laffer Curve

Wall Street Journal The new U.K. government gets a lesson in supply-side economics as businesses revolt against tax hikes. https://www.wsj.com/articles/british-labour-meets-the-laffer-curve-b4c2bd70