Prologue Journal – Page 38606 – Understanding current events through the lenses of the past and future.

President of Italy in favour of just peace and soonest possible Ukraine’s EU accession

Pravda Ukraine https://www.eurointegration.com.ua/eng/news/2023/04/26/7160546/

Analysis: Markets Expect BOE’s Rate Path to Diverge From Fed’s

Wall Street Journal Investors are starting to anticipate that U.K. and U.S. interest-rate decisions could diverge, with high inflation meaning the BOE will raise rates more than previously expected just as U.S. rates near their peak. https://www.wsj.com/articles/markets-expect-boes-rate-path-to-diverge-from-feds-analysis-9f2d3cd2

SPACs Delivered Easy Money, Now Companies Are Running Out

Wall Street Journal Dozens of companies that merged with SPACs are running out of cash, joining at least 12 that have already gone bankrupt after combining with special-purpose acquisition companies. https://www.wsj.com/articles/spacs-delivered-easy-money-now-companies-are-running-out-7291b8a8

Russia’s upper house approves basic law on citizenship

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Those who permanently reside in Russia for five years from the day they receive a Russian residence permit to the day they apply for citizenship, know the Russian language, Russian history and basic laws, and pose no threat to law and order can…

HSI compiler proposes allowing foreign companies to become blue chips, buoying efforts to attract more international listings

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Move to allow foreign companies that can match capitalisation and turnover requirements to become constituent stocks of HSI could help city attract more international listings. https://www.scmp.com/business/article/3218465/hsi-compiler-proposes-allowing-foreign-companies-become-blue-chips-buoying-efforts-attract-more?utm_source=rss_feed

DeJoy says USPS will keep raising prices, follow abortion pill rulings

Washington Post Postmaster General Louis DeJoy says his agency is behind schedule on breaking even and will keep raising prices. https://www.washingtonpost.com/business/2023/04/26/usps-dejoy-prices-abortion/

Russian Center of Science and Culture in Nicosia catches fire — Center head

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. It is noted that the fire “has been suppressed” https://tass.com/emergencies/1610007

Police to crack down on crime as Hong Kong braces for influx of 600,000 mainland Chinese tourists for ‘golden week’ break

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Police insider says high-profile policing ‘deterrent’ to thieves and that undercover officers will also patrol crime hotspots. https://www.scmp.com/news/hong-kong/law-and-crime/article/3218455/police-crack-down-crime-hong-kong-braces-influx-600000-mainland-chinese-tourists-golden-week-break?utm_source=rss_feed

China’s Xi Holds Call With Ukraine’s Zelensky

Moscow Times The call is the first between the two leaders since the start of Russia’s invasion. https://www.themoscowtimes.com/2023/04/26/chinas-xi-holds-call-with-ukraines-zelensky-a80953

Sri Lanka seeks US$17 billion debt reduction by restructuring – President urges lawmakers to accept IMF proposal

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Parliament is having a 3-day debate on IMF debt restructuring programme. If approved, the plan would dictate how Sri Lanka’s crisis-stricken economy will be managed in the coming years. https://www.scmp.com/news/asia/southeast-asia/article/3218471/sri-lanka-seeks-us17-billion-debt-reduction-restructuring-president-urges-lawmakers-accept-imf?utm_source=rss_feed