Prologue Journal – Page 35451 – Understanding current events through the lenses of the past and future.

March exports fall for 7th straight month, Q1 figure down almost 20%

Taipei, April 11 (CNA) Taiwanese exporters continued to feel the pinch from weakening global demand, with outbound sales falling from a year earlier for the seventh consecutive month in March, while exports for the first quarter of the year plunged almost 20 percent from a year earlier, the Ministry of Finance (MOF) said. https://focustaiwan.tw/business/202304110025

Israeli author, writer Meir Shalev dies at 74

Jerusalem Post https://www.jpost.com/breaking-news/article-738978

Albertsons Earnings Shrink Amid Difficult Consumer Environment

Wall Street Journal Albertsons sales rose 5% to $18.27 billion in the recently ended quarter as consumers continue to stomach higher food prices. https://www.wsj.com/articles/albertsons-earnings-shrink-amid-difficult-consumer-environment-a0a21a0e

Analysis: ECB Rate Expectations Rise as Banking Worries Ease

Wall Street Journal The market’s pricing for the anticipated peak in eurozone interest rates has risen again as banking sector concerns ease, although analysts say it could still be too cautious due to high inflation. https://www.wsj.com/articles/ecb-rate-expectations-rise-as-banking-worries-ease-efe38cc9

Economic ‘Momentum’ Prompts IMF to Raise Russia’s Growth Forecast

Moscow Times The International Monetary Fund raised its 2023 economic growth forecast for Russia on Tuesday. https://www.themoscowtimes.com/2023/04/11/economic-momentum-prompts-imf-to-raise-russias-growth-forecast-a80795

Paks-2 nuclear plant should be built as quickly as possible — Hungary’s foreign minister

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. It is noted that Brussels has already understood that achieving energy security and Europe’s transition to green energy cannot take place without having nuclear power in the mix https://tass.com/economy/1602671

Erdogan launches election campaign with pledge to slash Turkey inflation

Jerusalem Post In the presidential election next month, Erdogan will be up against the main opposition alliance candidate Kemal Kilicdaroglu. https://www.jpost.com/middle-east/article-738977

State Duma bans vape sales, including nicotine-free, to minors

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The bill also extends all the existing restrictions for selling and advertising tobacco products on all nicotine-containing devices https://tass.com/society/1602673

F1 Driver Charles Leclerc Asks Fans to Stop Coming to His Home

New York Times Mr. Leclerc said on Instagram on Sunday that his address had become public and that fans had been gathering at his apartment asking for pictures and autographs. https://www.nytimes.com/2023/04/11/us/charles-leclerc-address-fans-f1.html

All that glitters: Hong Kong Palace Museum explores bond between women and jewellery in new exhibition

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. ‘Cartier and Women’ highlights impact of Chinese aesthetics on women’s lifestyles and fashion around the world, says museum director. https://www.scmp.com/news/hong-kong/society/article/3216712/all-glitters-hong-kong-palace-museum-explores-bond-between-women-and-jewellery-new-exhibition?utm_source=rss_feed