• 02/03/2025

Glynn’s Take: Woe to Those Signing Up to the New RBA Board

Wall Street Journal Australian Treasurer Jim Chalmers moved to retool the country’s central bank this week by throwing out its old policy-setting board in favor of a modernized committee of experts that will look and operate a lot like similar bodies at the Bank of England and the Bank of Canada. https://www.wsj.com/articles/glynns-take-woe-to-those-signing-up-to-the-new-rba-board-297c39ee

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China’s oil imports from Russia up 32.7% in Q1 to 25.2 mln tons — customs

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. In March, Russian oil supplies to China increased by 25% month-on-month in physical terms to 9.6 mln tons, and by around 23% in money terms to $5.09 bln https://tass.com/economy/1607573

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Taiwan highlights indigenous rights, climate change at New York events

New York, April 20 (CNA) Taiwan hosted two events in New York on Wednesday, seeking to raise awareness about issues surrounding climate change and the rights of Indigenous peoples, ahead of April 22 Earth Day, according to the organizer, the Taipei Economic and Cultural Office (TECO) in New York. https://focustaiwan.tw/culture/202304210009

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Russian pipeline gas supplies to China up 2.2-fold in Q1 to $1.76 bln

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Turkmenistan still ranked first among Beijing’s key pipeline natural gas suppliers, Russia came second, followed by Myanmar https://tass.com/economy/1607565

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As Gaza Celebrates Eid, a Gift for Women — and a Duty for Men

New York Times Palestinian Muslims give the eidiya — a gift of money — to female relatives and children on the Eid that marks the end of Ramadan. It is a revered tradition but one that can come with a heavy price. https://www.nytimes.com/2023/04/21/world/middleeast/eid-ramadan-gaza-palestinians.html

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Terror attack prepared by foreigner thwarted in Kazakhstan — security agency

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. A total of 19 people were detained over similar charges, with four Kazakh nationals sentenced to various imprisonment terms https://tass.com/defense/1607567

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Recent Highs in Eurozone Government Bond Yields Might Attract Investors

Wall Street Journal As 10-year Bund yields have reached 2.50%, 10-year French OAT yields reached 3% and 10-year Italian BTP yields move towards the top end of this year’s 4-4.50% range, “investors are being tempted to add to duration and ‘buy the dips’,” Societe Generale said. https://www.wsj.com/articles/recent-highs-in-eurozone-government-bond-yields-might-attract-investors-fdd7a471

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Jack Ma takes up University of Hong Kong’s honorary professorship in pursuit of his post-retirement passion in education

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Ma, who taught English before entering business, would be the highest-profile addition to HKU’s Business School, as the institution invites entrepreneurs to bring real-world relevance to its academic courses. https://www.scmp.com/business/china-business/article/3217848/jack-ma-takes-university-hong-kongs-honorary-professorship-pursuit-his-post-retirement-passion?utm_source=rss_feed

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After Dominion deal, Murdoch drops case against Australian publisher

Washington Post Fox Corp. CEO Lachlan Murdoch has dropped a defamation case against Crikey, avoiding a public rehashing Down Under of the Dominion Voting Systems case. https://www.washingtonpost.com/world/2023/04/21/lachlan-murdoch-crikey-defamation-australia/?utm_source=rss&utm_medium=referral&utm_campaign=wp_world

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