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Release time:2024-03-23 Source: Qingqiao Number of views:

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A gentle breeze comes, but the water waves do not rise
Today in history:182 years ago today, French critical realist writer Stendhal passed away. His representative works include "Armance", "Red and Black", "The Monastery of Parma", and so on. In the 1920s, Stendhal was the first to raise the issue of the contemporaneity of literature, and played a prominent role in the literary struggle against French classicism with his masterpiece reflecting the times. He was also the founder of Western European critical realism literature.
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politics
01

Hanoi Comprehensive News, According to reports from the Central Inspection Committee and functional institutions of the Communist Party of Vietnam, Wu Wenshang violated the regulations on exemplary responsibilities of cadres and party members, and must assume exemplary responsibilities as a member of the Political Bureau, Secretary of the Secretariat, and Central Committee member in accordance with party regulations and national laws.


It is reported that,Current yearWu Wenshang, 53 years old, voluntarily resigned after the Vietnamese police announced the arrest of Gao Ke, former deputy secretary of the Provincial Party Committee and chairman of the Provincial People's Committee of Central Guangyi Province.andHigh tech was arrested for corruption, and corruption related incidents occurred inFrom 2011 to 2014, Wu Wenshang served as the Secretary of the Guangyi Provincial Party Committee.Not only that, but also,The significant changes in Vietnamese national leaders in recent years have been related to anti-corruption actionsClose.


Although the anti-corruption actions of the Vietnamese authorities aim to eliminate corruption and boost investor confidence, they have also been questioned by critics as tools of political infighting.

02The South Korean government announces the expansion and allocation plan for medical schools

According to Yonhap News Agency, on March 20th, despite strong opposition from the South Korean pharmaceutical industry, the South Korean government still announced the allocation of enrollment quotas for medical schools in the 2025 academic year. Eight medical schools in Seoul did not receive expansion quotas, but 27 medical schools outside the capital area received expansion quotas of 1639 people, and five medical schools in Gyeonggi do and Incheon City received 361 people. This means that out of the 2000 new enrollment quotas added by the government, 82% were allocated to medical schools outside the capital region.


This is from South KoreaThe first increase in medical schools since 1998The enrollment quota for. Starting from the 2025 academic year college entrance examination, the enrollment of new students in medical schools has increased from the current 3058 to 5058 per year, with an increase of approximately 65%. South Korean Prime Minister Han Deju once again emphasized that expanding the enrollment of medical schools by 2000 is the minimum number to address the shortage of doctors. Even with an increase of 2000 people starting from next year, the educational conditions of various medical schools are fully acceptable. Some analysts believe that although the South Korean pharmaceutical industry still strongly opposes government policies through collective resignations and other means, with the government officially announcing a detailed expansion plan, this policy has been basically determined.


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military affairs
01Japan's ruling two parties have reached a consensus on relaxing arms exports

According to Kyodo News, on March 15th, the chairman of the Liberal Democratic Party's political investigation, Kishiro Watanabe, and the chairman of the Komeito Party's political investigation, Yangsuke Takagi, held talks in parliament. The two parties reached a consensus on allowing exports of next-generation fighter jets jointly developed with the UK and Italy to third-party countries. The authorities plan to revise the "Three Principles on the Transfer of Defense Equipment" that restrict arms exports on March 26th, relax the regulations on arms exports, and submit them to the cabinet meeting for vote at the earliest in late March. This will allow the Japanese side to deliver lethal weapons as required in the future for mission execution or self-defense.


It is reported that Japan's weapon exporting countries are limited to countries that have signed the Defense Equipment and Technology Transfer Agreement with Japan, and will not export weapons to countries that are currently at war. But analysis generally suggests that even if Nissan's weapons are not transported to Ukraine or other frontlines of warAfter filling the inventory of relevant countries, it is bound to expand the scale of wars on frontline battlefields such as Ukraine.


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economic

01Bank of Malaysia predicts GDP growth of 4% to 5% this year

Kuala Lumpur Comprehensive News,On March 20th, the Bank of Malaysia released the 2023 Bank of China Annual Report. The report points out that Malaysia's economic fundamentals are strong, with optimistic economic growth prospects and stable foreign trade. The decline of the Malaysian ringgit is due to short-term factors such as the aggressive monetary tightening policy of the Federal Reserve of the United States. The National Association is committed to maintaining market confidence in the ringgit and expects to achieve economic growth of 4% to 5% this year, higher than last year's 3.7%.


meanwhileBank of China also mentioned in its annual report that the rebound in global trade and the cycle of technological advancements have improved external demand, which will beMalaysiaThe main reasons for economic growth in 2024. Due to Malaysia's important role in the semiconductor supply chain, the technology uptrend cycle is beneficial for Malaysia. However, Malaysia's economic growth still faces downward risks, including weaker than expected peripheral demand, escalating geopolitical conflicts, reduced production of commodities due to adverse weather conditions, and potential impacts from the government's implementation of targeted subsidy mechanisms.

02US subsidies Intel $19.5 billion to expand chip production

According to Washington, on March 20th, the White House issued a statement stating that under the Chip and Science Act, the Department of CommerceWe have reached a preliminary agreement with Intel to provide it with up to $8.5 billion in direct funding and $11 billion in loans. According to relevant media reports, after obtaining $19.5 billion in federal funding and loans, Intel plans to invest $100 billion in four states in the United States to build and expand factories, and seek an additional $25 billion in tax breaks. Intel will also renovate its factories in New Mexico and Oregon, as well as expand operations in Arizona.


It is understood that the United States aims to increase domestic demand by halfConductor yield, inIn 2022, the Chip and Science Act was passed, allocating $52.7 billion, of which $39 billion was used to subsidize semiconductor production and $11 billion was used for related research and development. The United States aims to occupy 20% of the global advanced chip market by 2030.


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security

01Only 10 countries in the world meet air quality standards

According to Swiss news, the latest report released by Swiss air quality technology company IQAir shows that in 2023, only 10 countries and 9% of international metropolises meet the World Health Organization's PM2.5 concentration standards for suspended particles. According to the report, after incorporating demographic factors, Bangladesh, Pakistan, India, Tajikistan, and Burkina Faso were the five countries with the most severe air pollution last year; French Polynesia, Mauritius, and Iceland have the best air quality.


PM2.5 is a very complex mixture of gases and particles, small enough to enter different organ systems and blood systems in the human body, affecting human brain development and physical health. Coal, oil, and natural gas power generation are the main sources of PM2.5 emissions. According to the World Health Organization, outdoor air pollution, mainly caused by PM2.5, causes over 4 million premature deaths worldwide each year.


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culture
01Laotian Pharmaceutical Factory and China Collaborate to Conduct Traditional Medicine Research

Vientiane Times reported that on March 20th, a state-owned pharmaceutical enterprise in Laos collaborated with three Chinese institutions to conduct research in the field of traditional medicine. The four parties will implement the agreed areas of cooperation through joint participation in research projects, establishment of laboratories, holding workshops, seminars, conferences, and other means. Promote innovation in traditional medicine and expand international medical technology and development.


The Laotian side stated that cooperation between the state and private sector is crucial for the development of traditional medicine, as it can enable a wider range of Chinese herbal medicines to be usedApplied to disease treatment. In addition, cooperation with private companies will reduce the funding required for government payment of technical personnel, and Laos can focus more on the development and feasibility study of plant extracts.







Financial Newsletter
The Wall Street Journal reported that the Federal Reserve recently concluded a two-day monetary policy meeting and announced that the target range for the federal funds rate will remain unchanged between 5.25% and 5.5%. It is expected that the Federal Reserve may implement three rate cuts this year.


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