Prologue Journal – Page 35527 – Understanding current events through the lenses of the past and future.

Saudi negotiators met with Iran-backed Houthi rebels in the Yemeni capital to hammer out details of a long-term truce that could pave the way toward a lasting peace after eight years of war, officials said.

Wall Street Journal Saudi negotiators met with Iran-backed Houthi rebels in the Yemeni capital to hammer out details of a long-term truce that could pave the way toward a lasting peace after eight years of war, officials said. https://www.wsj.com/articles/saudi-arabia-houthis-advance-toward-long-term-cease-fire-in-yemen-afa10c9b

China is attempting to balance its fury over Taiwan with a desire to play the role of global peacemaker, as Beijing seeks to sustain a burst of diplomatic momentum and establish itself as a global counterbalance to Washington.

Wall Street Journal China is attempting to balance its fury over Taiwan with a desire to play the role of global peacemaker, as Beijing seeks to sustain a burst of diplomatic momentum and establish itself as a global counterbalance to Washington. https://www.wsj.com/articles/china-warns-taiwan-with-an-eye-on-rest-of-the-world-cea19bf

Russia is deepening a crackdown on dissent in occupied areas of Ukraine, the Ukrainian military said, as Kyiv’s forces launched fresh attacks aimed at weakening Moscow’s hold in the south.

Wall Street Journal Russia is deepening a crackdown on dissent in occupied areas of Ukraine, the Ukrainian military said, as Kyiv’s forces launched fresh attacks aimed at weakening Moscow’s hold in the south. https://www.wsj.com/articles/as-ukraine-readies-counteroffensive-russia-steps-up-campaign-against-partisans-f839c12a

The World Bank Is Getting a New Chief. Will He Pivot Toward Climate Action?

New York Times Under pressure from world leaders, development experts and shareholders, the bank opens its spring meeting on Monday, poised for big changes. https://www.nytimes.com/2023/04/09/climate/world-bank-ajay-banga.html

U.S. dollar higher in Taipei trading

Taipei, April 10 (CNA) The U.S. dollar was traded at NT$30.468 at 10 a.m. Monday on the Taipei Foreign Exchange, up NT$0.022 from the previous close. https://focustaiwan.tw/business/202304100004

Will US-China rivalry undermine Indonesia’s EV battery hub dreams amid tussle over green subsidies?

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Nickel is a key component in producing EV batteries, but Chinese companies hold a dominant position in Indonesia’s nickel sector – making products sourced from the country ineligible for tax credits under the US…

Taiwan headline news

Taipei, April 10 (CNA) The lead stories in major Taiwan dailies on Monday are as follows: https://focustaiwan.tw/society/202304100003

Pakistan declares anti-terror plan following terrorist commander’s arrest

Jerusalem Post The plan was announced at the National Security Committee’s meeting in Islamabad on Friday, which was chaired by Prime Minister Shehbaz Sharif. https://www.jpost.com/middle-east/article-738838

The Real-World Costs of the Digital Race for Bitcoin

New York Times Bitcoin mines cash in on electricity — by devouring it, selling it, even turning it off — and they cause immense pollution. In many cases, the public pays a price. https://www.nytimes.com/2023/04/09/business/bitcoin-mining-electricity-pollution.html

Most Asian Currencies Weaken on Rising Bets for Fed Rate Hike

Wall Street Journal Most Asian currencies weakened against USD in the morning session amid rising bets for a 25bp rate increase at the FOMC’s May meeting, which could boost the appeal of U.S. fixed-income assets and thereby the greenback. https://www.wsj.com/articles/most-asian-currencies-weaken-on-rising-bets-for-fed-rate-hike-eef3cbe4