Prologue Journal – Page 38636 – Understanding current events through the lenses of the past and future.

China fumes as Biden plots to starve it of AI investment: ‘Sci-tech bullying’

Fox News China is outraged at the Biden administration’s plan to steer investment in artificial intelligence away from China and toward other countries, warning that it may take steps to counteract what it calls U.S. “bullying” in the tech sector. The administration for months has hinted that it is developing an executive order aimed at…

Russia does not care how West sees its plans to deploy nukes in Belarus — diplomat

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. It is noted that it is only how well its own security is ensured, that is “the security of Russia and Belarus as the Union State,” that matters to Moscow https://tass.com/politics/1609045

Taiwan shares close down 1.64%

Taipei, April 25 (CNA) Taiwan shares ended down 256.14 points, or 1.64 percent, at 15,370.73 Tuesday on turnover of NT$267.94 billion (US$8.73 billion). https://focustaiwan.tw/business/202304250011

Britain to begin evacuating its nationals from Sudan

Jerusalem Post https://www.jpost.com/breaking-news/article-740210

Akzo Nobel Beats Views, Macro Concerns to Continue

Wall Street Journal Akzo Nobel reported a first-quarter adjusted operating profit of €218 million, beating consensus, and cautioned that it expected macroeconomic uncertainties to continue to weigh on organic volume growth this year. https://www.wsj.com/articles/akzo-nobel-1q-net-profit-fell-but-beat-consensus-macroeconomic-uncertainties-to-continue-476ad5c

White House furiously consulting eco groups ahead of expected power plant crackdown

Fox News Biden administration officials have consulted a number of left-wing environmental groups as they craft a rule forcing fossil fuel-fired power plants to substantially curb emissions. Over the last two weeks, senior White House and Environmental Protection Agency (EPA) officials have met with the organizations — including Climate Action Campaign, Union of Concerned Scientists,…

Ukraine Allies Denounce ‘Cynical’ Russian Meeting at UN

Moscow Times Russia holds the rotating presidency of the Security Council in April and organized the meeting as one of its “signature” events of its tenure. https://www.themoscowtimes.com/2023/04/25/ukraine-allies-denounce-cynical-russian-meeting-at-un-a80925

Novartis Lifts Forecasts After Profit Beat

Wall Street Journal Novartis posted slightly higher earnings and sales for the first quarter, beating analysts’ expectations, said the planned spinoff of Sandoz remained on track for the second half of 2023, and raised its fiscal guidance. https://www.wsj.com/articles/novartis-1q-profit-sales-beat-expectations-raises-2023-guidance-8bbaefca

Air ambulance crashes in Russia’s Volgograd Oblast

Pravda Ukraine An emergency air ambulance helicopter has crashed in Russia’s Volgograd Oblast, killing the pilot. Source: Kremlin-aligned news outlet TASS, citing Volgograd Oblast emergency services Details: The news agency states that the helicopter crashed on its way back to the base. https://www.pravda.com.ua/eng/news/2023/04/25/7399274/

UBS Attracts Customers Ahead of Credit Suisse Integration

Wall Street Journal UBS reported strong customer inflows as it prepares to swallow Credit Suisse, in the first banking megamerger for years. https://www.wsj.com/articles/ubs-attracts-customers-ahead-of-credit-suisse-integration-eb9ade02