Prologue Journal – Page 39373 – Understanding current events through the lenses of the past and future.

Dalai Lama apologises for asking boy to suck his tongue

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Sticking one’s tongue out can be form of greeting in Tibet; statement said monk ‘regrets incident’. https://www.scmp.com/news/asia/south-asia/article/3216569/dalai-lama-apologises-asking-boy-suck-his-tongue?utm_source=rss_feed

Stock Pickers Failed to Take Part in First-Quarter Rally

Wall Street Journal Bearish positioning and less exposure to the large technology stocks hurt active fund managers. https://www.wsj.com/articles/stock-pickers-failed-to-take-part-in-first-quarter-rally-db2f910f

Ozempic, Wegovy and Mounjaro Spark a Weight-Loss and Diet Industry Identity Crisis

Wall Street Journal Weight-loss businesses, which long pushed calorie-counting and willpower, are grappling with the surging popularity of new drugs. https://www.wsj.com/articles/ozempic-wegovy-mounjaro-weight-loss-industry-89419ecb

Tennessee’s Political Divisions Deepen Between State and Its Cities

Wall Street Journal The expulsion of two Democrats from the state House by Republican lawmakers is the latest episode of the political polarization playing out in red states with blue cities. https://www.wsj.com/articles/tennessees-political-divisions-deepen-between-state-and-its-cities-6ac062e2

Auditors Didn’t Flag Risks Building Up in Banks

Wall Street Journal Bond losses such as those at Silicon Valley Bank could have been raised as “critical audit matters”—a measure designed to help investors decode risks and uncertainties buried in financial statements. https://www.wsj.com/articles/auditors-didnt-flag-risks-building-up-in-banks-6506585c

Moscow-Backed Official Claims Visit to Frontline City Bakhmut

Moscow Times The battle for Bakhmut is the longest and bloodiest of Russia’s offensive. https://www.themoscowtimes.com/2023/04/10/moscow-backed-official-claims-visit-to-frontline-city-bakhmut-a80772

In Ukrainian village, a family lives under cloud of shelling

Washington Post Ten-year old Khrystyna Ksenofontova spends her days caring for cats and studying while living under a cloud of shelling https://www.washingtonpost.com/world/2023/04/10/russia-ukraine-family-front-line/ddb060dc-d781-11ed-aebd-3fd2ac4c460a_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_world

TSMC March revenue hits 17-month low

Taipei, April 10 (CNA) Taiwan Semiconductor Manufacturing Co., the world’s leading contract chipmaker, booked NT$145.41 billion (US$4.77 billion) in consolidated revenue for March, the lowest monthly level for 17 months, according to a financial statement released by the company on Monday. https://focustaiwan.tw/business/202304100014

Belarusian President Lukashenko meets Russia’s defense minister – report

Jerusalem Post https://www.jpost.com/breaking-news/article-738862

Veteran actor Richard Ng, who rose to fame in 1970s Hong Kong comedies, dies at age 83

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Ng made a name for himself on television show The Hui Brothers and later starred in The Pilferers’ Progress, directed by John Woo. https://www.scmp.com/news/hong-kong/society/article/3216566/veteran-actor-richard-ng-who-rose-fame-1970s-hong-kong-comedies-dies-age-83?utm_source=rss_feed