Prologue Journal – Page 38602 – Understanding current events through the lenses of the past and future.

Telecom Companies Pin 5G Hopes on Private Industrial Networks

Wall Street Journal The companies believe that the benefits to manufacturers, mining companies are others are easier to grasp than in the consumer market https://www.wsj.com/articles/5g-companies-industrial-networks-fe0561d4

SEC Climate Rules Could Decide Whether U.S. Companies Face Tough EU Law

Wall Street Journal The EU could require thousands of American companies to disclose detailed emissions data if the SEC passes rules that fall short of EU standards. https://www.wsj.com/articles/sec-climate-rules-could-decide-whether-u-s-companies-face-tough-eu-law-6ccd4c83

Crypto Firms Turn to Treasurys to Draw Customers

Wall Street Journal Decentralized finance companies are buying government bonds to sweeten yields on their blockchain-based financial services. https://www.wsj.com/articles/cryptos-cure-for-a-shrinking-customer-base-buy-government-bonds-77fabea

World Bank estimates of Ukraine’s war losses will double after liberation – Ukrainian PM

Pravda Ukraine Ukraine’s Cabinet of Ministers predicts that the amount of financial losses Ukraine has suffered from the Russian invasion, as determined by the World Bank, will double after the temporarily occupied territory is liberated. https://www.pravda.com.ua/eng/news/2023/04/26/7399545/

U.S. Oil and Fuel Inventories Fall Across the Board

Wall Street Journal Crude-oil stockpiles dropped by a much-greater-than-expected 5.1 million barrels last week, government data showed, and are now about 1% below the five-year average. Gasoline stockpiles also fell by more than analysts expected. https://www.wsj.com/articles/u-s-oil-and-fuel-inventories-fall-across-the-board-e2d04d8b

Starlux flies maiden flight to Los Angeles; next stop San Francisco

Taipei, April 26 (CNA) Taiwanese carrier Starlux Airlines launched its first commercial service between Taiwan and the United States on Wednesday, with the company’s chairman at the helm of the inaugural flight to Los Angeles. https://focustaiwan.tw/business/202304260028

Biden’s Labor nominee Julie Su advances out of committee in party-line vote

Fox News Lawmakers on the Senate Health, Education, Labor and Pensions (HELP) Committee on Wednesday voted to advance Deputy Secretary of Labor Julie Su’s nomination to lead the Labor Department, replacing former Secretary Marty Walsh. The committee voted 11-10 along party lines in favor of Su’s nomination, with Democrats in support of President Biden’s nominee…

Russian Oil Prices Surge, Put Sanctions to Test

Wall Street Journal Urals crude has risen close to the $60 cap, pressuring the West’s ability to keep Russian oil on the market and still pinch Moscow’s revenue. https://www.wsj.com/articles/russian-oil-prices-surge-put-sanctions-to-test-bfd6ad30

Another MiG-31 fighter jet crashes in Russia

Pravda Ukraine A MiG-31 fighter jet has crashed in Murmansk Oblast, Russia. Source: Russian news Telegram channel Baza Details: Eyewitnesses filmed the plane crash. The fighter jet caught fire in mid-air and crashed into a lake near the village of Rizh-Guba. https://www.pravda.com.ua/eng/news/2023/04/26/7399544/

Climate activists shut down WH clean energy czar John Podesta’s speech to ‘room full of millionaires’

Fox News A group of climate activists shut down an event Tuesday where senior White House adviser John Podesta delivered remarks about the implementation of the Inflation Reduction Act. The activists, who are with the group Climate Defiance, entered a hotel ballroom in Washington, D.C., where Podesta was speaking with Natural Resources Defense Council (NRDC)…