According to Xinhua News Agency,On October 15th, it was reported that Saudi Arabia had suspendedNegotiations to normalize Saudi Israeli relations promoted by the United States have been notified to US officials. The United States has stated that it will continue to seek ways to normalize relations between Saudi Arabia and Israel, but both are sovereign countries, and the conditions and speed of negotiations depend on their respective circumstances.

It is understood that the main reason for Saudi Arabia's decision is the Israeli-Palestinian conflict. After the outbreak of a new round of Palestinian-Israeli conflict, Saudi Arabia calls on both sides to exercise restraint,Immediate ceasefire and protection of civilians, while stating that the current situation is due to the Israeli sideContinued occupation, deprivation of the legitimate rights of the Palestinian people, and constant provocationof Previously,Saudi Crown PrincePrime Minister Mohammed·Ben Salman and Iranian President Ibrahim LechtonDiscussing the situation between Palestine and Israel over the phone,Emphasize the need to comply with international humanitarian legal norms and oppose any attacks or injuries against civilians.

The Saudi Arabian Ministry of Foreign Affairs has publicly stated the need to lift the sanctionsThe siege of the Gaza Strip,According to relevant resolutions of the United Nations Security Council andPromotion of the Arab Peace InitiativePalestinian IsraeliThe peace process,Established withBased on the 1967 borders, with East Jerusalem as its capitalAn independent Palestinian state.

military affairs

01Germany Becomes Ukraine's Second Largest Military Aid Country

Reuters reported that recently, the UK and Germany announced a new round of military assistance plans worth £ 100 million and € 1 billion respectively to Ukraine, aimed at helping the Ukrainian military clear mined areas, maintain vehicles, and protect critical infrastructure. The UK Defense Minister stated that Ukraine is currently the country with the most landmines on Earth, and this round of military assistance will provide Ukrainian soldiers with the equipment they need to break through Russia's deadly minefields, including an air defense system that can track and destroy drones.

The UK's military assistance will be funded through the Ukrainian International Fund managed by the UK, which is jointly funded by the UK and DenmarkJointly initiated in 2022, so farRaised £ 785 million. And Germany's aid will arrive this winter, including weapons and equipment such as air defense systems and tanks, making Germany the second largest military aid country to Ukraine after the United States.

01Malaysian Prime Minister Submits 2024 Financial Budget

Lianhe Zaobao reported that recently, Malaysian Prime Minister AnhuaPresent to the House of Commons of CongressYesThe budget proposal for the fiscal year 2024 titled "Reforming the economy and strengthening the people". The total budget allocation amounts to RM393.8 billion, of which RM303.8 billion is for recurrent expenses and RM90 billion is for development expenses. The Ministry of Education received the most funding, amounting to RM58.7 billion. The interviewed Malaysian economists believe that this is a relatively bold budget proposal covering multiple fields, highlighting Anhua's determination to "rob the rich to help the poor" and implement reforms.

Several aspects worth paying attention to are,2024, MalaysiaThe government plans toSales and service tax, excluding catering and communication servicesFrom existing6% increase to 8%And will also focus on jewelryTaxation of luxury goods such as watches5% to 10%. The Malaysian government also plans toCancel diesel subsidies in stages and only subsidize logisticsIndustry professionals,While reducing subsidiestakeIncrease aid allocation for low-income groups, starting fromIncrease from RM8 billion to RM10 billion.

Jakarta Post News: Recently, vendors at Dana Abang Market, the largest textile wholesale center in Southeast Asia, claimed that online shopping platforms have impacted the business of physical stores. They called on the government to ban online shopping platforms like social commerce. They stated that in early October, the government ordered TikTok, a social media platform, to close its social commerce function, but it did not achieve any results. Customers visiting the market were the same as before the ban was issued.

Some vendors have stated that there are two reasons why offline physical small businesses cannot be restored at present. The first reason is that the authorities have only closed downTikTok Shop, Shopee, and others are still operating normally. Secondly, the government's requirement that the market value of imported goods purchased online must exceed $100 is too low and should be included in the first tierStep up the amount limit to protect offline retailers. However, some vendors hold different views, stating that closing all online shopping platforms will hinder the development of small businesses, and offline retail must continue to follow the trend of digitization. Currently, many local merchants are undergoing online transformation.