Prologue Journal – Page 35955 – Understanding current events through the lenses of the past and future.

Complex Fund Names May Be a Warning Sign for Investors

Wall Street Journal The more-wordy your fund name, the worse it does, says a professor who ran the numbers. But the reason isn’t clear. https://www.wsj.com/articles/complex-fund-names-warning-sign-investors-ac49cc2d

Japan’s Plan to Become a Chipmaking Champ Hinges on This Startup

Wall Street Journal Rapidus is looking to invest about $35 billion to manufacture 2-nanometer chips and work with the U.S. to counter China’s ambitions. https://www.wsj.com/articles/japans-plan-to-become-a-chipmaking-champ-hinges-on-this-football-loving-engineer-1b1911ab

Putin is in a very, very difficult situation – Former CIA director calls for increased pressure on Russia

Pravda Ukraine David Petraeus, Former Director of the US Central Intelligence Agency (CIA), believes that Washington should increase pressure on Moscow, which is currently facing several economic and military troubles. https://www.pravda.com.ua/eng/news/2023/07/6/7410160/

Extension of Stoltenberg’s tenure to have no effect on Russia-NATO relations — MFA

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. “That’s because Russia and NATO don’t have any relations,” – Maria Zakharova added https://tass.com/politics/1643539

China’s top diplomat criticized for comments calling for race-based alliance, Beijing pushes back

Fox News China on Wednesday brushed away international criticism Beijing has received following race-based comments issued this week by a top diplomat who encouraged its Asian neighbors to drop their Western ties and strengthen allegiances with China. Director of the Chinese Communist Party Central Committee Foreign Affairs Commission Office Wang Yi raised international eyebrows Monday…

Putin’s representative visits Zaporizhzhia Nuclear Power Plant

Pravda Ukraine Sergey Kirienko, the first deputy head of the administration of the president of the aggressor country, arrived at the Zaporizhzhia Nuclear Power Plant (ZNPP) occupied by Russian troops. Source: Telegram channel of the occupiers ZNPP. https://www.pravda.com.ua/eng/news/2023/07/6/7410159/

Sales of cars in Russia to rise to 1 mln in 2023 — AEB

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Earlier, the AEB projected a 12% rise in sales of cars in Russia in 2023 to 770,000 units https://tass.com/economy/1643543

US ambassadorial visits to Gershkovich to remain at Russia’s discretion — Foreign Ministry

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. As Maria Zakharova pointed out, the principle of reciprocity is also taken into account in handling such issues https://tass.com/politics/1643541

Wagner PMC may share combat experience with Belarusian Armed Forces — Lukashenko

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. It is reported that upon agreement with the Russian leader, Belarusian President Alexander Lukashenko held negotiations with Prigozhin, following which the Wagner private military company pulled back its military columns and returned to its field camps https://tass.com/defense/1643525

Meta Threads the Right Needle to Poke Twitter

Wall Street Journal Unlike previous, clunky attempts to create a new Twitter, Mark Zuckerberg’s Threads will effectively be a new extension of a huge social network family. https://www.wsj.com/articles/meta-threads-the-right-needle-to-poke-twitter-2abaee60