Prologue Journal – Page 38615 – Understanding current events through the lenses of the past and future.

USD/SGD Edges Lower on Growing Fears of U.S. Recession

Wall Street Journal USD/SGD edged lower in the afternoon Asian session on growing fears of a U.S. recession, following weak economic data released Tuesday. https://www.wsj.com/articles/yen-strengthens-amid-risk-off-sentiment-434b53a1

Ukraine’s Azov brigade races to rebuild ahead of fateful fight

Washington Post The Azov brigade achieved legendary status after its defense of Mariupol but is now seeking to rebuild ahead of the spring fighting season. https://www.washingtonpost.com/world/2023/04/26/azov-brigade-ukraine-war-recruits/?utm_source=rss&utm_medium=referral&utm_campaign=wp_world

Matsu Coast Guard officers held in canned food misappropriation case

Taipei, April 26 (CNA) The chief of staff of the Matsu Coast Guard Corps, surnamed Lin (林), and two subordinates have been detained and suspended from duty over allegations of misappropriating canned food, the Coast Guard Administration (CGA) said Wednesday. https://focustaiwan.tw/society/202304260006

Ukrainian forces kill 640 Russian invaders, destroy 4 tanks and 3 UAVS over 24 hours

Pravda Ukraine Defence forces of Ukraine killed 640 Russian soldiers, destroyed 4 tanks and 3 UAVs over 24 hours. Source: General Staff of the Armed Forces of Ukraine on Facebook Details: Total combat losses of the Russian forces between 24 February 2022 and 26 April 2023 are estimated to be as follows [figures in parentheses…

Argentina sees possibility of BRICS membership after South African summit — ambassador

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. TASS learned from diplomatic sources in the South African capital that negotiations about the possible expansion of BRICS are to take place in the coming months https://tass.com/economy/1609715

Your Wednesday Briefing

New York Times Joe Biden’s bid for re-election. https://www.nytimes.com/2023/04/26/world/europe/biden-election-taliban-heat.html

Hong Kong Exchanges & Clearing Net Profit Rises on Strong Revenue

Wall Street Journal Hong Kong Exchanges & Clearing Ltd. said Wednesday that its first-quarter profit rose as revenue outperformed. https://www.wsj.com/articles/hong-kong-exchanges-clearing-net-profit-rises-on-strong-revenue-198cc24c

Foreign actors tried to artificially accelerate Sudan military reform — diplomat

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Security sector reform in the country was among the most complicated issues that required elevated attention and a thorough negotiations process, Russian Deputy Permanent Representative to the UN Anna Yevstigneyeva said https://tass.com/politics/1609713

Russians fire 389 projectiles on Kherson Oblast, injuring civilian

Pravda Ukraine Russian troops attacked Kherson Oblast 75 times over the past 24 hours, firing 389 projectiles from heavy artillery, UAVs and aircraft. Source: Oleksandr Prokudin, Head of the Kherson Oblast Military Administration, on Telegram Details: The city of Kherson came under Russian fire 11 times on 25 April. https://www.pravda.com.ua/eng/news/2023/04/26/7399439/

Standard Chartered’s Profit Rises on Jump in Interest Income

Wall Street Journal The Asia-focused bank said first-quarter net profit rose 10%, driven by sharply higher interest income as global central banks continued to raise interest rates. https://www.wsj.com/articles/standard-chartereds-first-quarter-profit-rose-10-as-interest-income-jumped-26a7a004