According to reports from Xinhua News Agency and Agence France Presse, on June 3rd, Claudia Simbaum, the presidential candidate of the ruling party, the National Renaissance Movement, announced her victory in the presidential election, making her the first female president in Mexican history. Sinbaum, who holds a left-wing position, stated that after taking office, she will build Mexico into a more just, democratic, free, and sovereign country that does not disappoint the expectations of history and the people.

According to the preliminary rapid vote counting results released by the Mexican National Election Commission, Simbaum received over 58.3% of the votes and obtainedAn overwhelming victory. The opposition coalition presidential candidate Galvez received over 26.6% of the vote; Citizen Movement Party presidential candidate Manes received over 9.9% of the vote. It is understood that Simbaum, currently 61 years old, is an environmental scientist who has worked as a researcher in California, United States, and is one of the contributors to the United Nations Intergovernmental Panel on Climate Change. She has served as the Minister of Environment and Mayor of Mexico City, known for maintaining a calm mind in times of crisis. She will officially take office on October 1st.

military affairs

01South Korea will resume military demarcation and military activities on the northwest islands

According to Yonhap News Agency, on June 4th, the South Korean Ministry of Defense issued a position document on the government's suspension of the effectiveness of the 2019 Military Agreement between South and North Korea, announcing the resumption of all military activities along the military demarcation line and the northwest islands. It is reported that the South Korean government passed a proposal in the morning of the State Council to suspend the validity of all provisions of the 2019 Military Agreement, which was approved by President Yoon Seok yeol. The South Korean Ministry of Defense said that the government has decided to suspend the validity of all provisions of this agreement to ensure that military activities aimed at protecting the safety of national life and property are no longer restricted.

The Ministry of National Defense stated that North Korea has been taking actions that violate the agreement, launching various provocations, including coastal artillery fire, missile launches towards areas south of the northern boundary, firing at frontline outposts, and launching drone attacks. The Han army has always maintained restraint and patience in this regard, and has always complied with the 2019 Military Agreement. However, after the failed launch of a military reconnaissance satellite on May 27th, North Korea launched a series of provocations such as radio interference, projectiles, and floating "garbage balloons", posing a serious threat to the security of South Korean citizens and even causing property damage. The South Korean Ministry of Defense stated that the responsibility for this situation lies entirely with the North Korean regime. If North Korea initiates a new round of provocation, the South Korean military will, based on the joint defense situation between South Korea and the United States, strictly counter it in accordance with the principles of "immediate, strong, and thorough".

It is reported that the 2019 Military Agreement between South and North Korea is a supplementary document to the Pyongyang Joint Declaration signed by both sides on September 19, 2018, which includes follow-up measures required to implement the demilitarization of the Demilitarized Zone (DMZ). However, North Korea has repeatedly violated the agreement, launched provocations, and announced in November last year that it will completely tear up the 2019 Military Agreement. Afterwards, South Korea also suspended some of the terms of the agreement in the same month.

Xinhua Finance News: On June 4th, the Israeli Ministry of Defense's delegation to the United States officially signed an agreement with the US government to purchase 25 Lockheed Martin manufactured F-35 fighter jets from the United States and establish the country's third F-35 fighter squadron. According to a statement from the Israeli Ministry of Defense, the procurement agreement amounts to $3 billion, all of which comes from military aid provided by the United States to Israel. Meanwhile, F-35 fighter manufacturer Lockheed Martin and engine manufacturer Pratt Whitney have promised to allow Israeli defense industry companies to participate in the production of aircraft components for sale.

Currently, Israel hasTwo squadrons have a total of 39 F-35 fighter jets. According to the previously signed purchase agreement between the United States and Israel for 50 F-35 fighter jets, there are still 11 fighter jets that have not been delivered. This new procurement agreement will increase the number of F-35 fighter jets owned by Israel to 75. It is expected that the relevant manufacturers will deliver the first batch of F-35 fighter jets to Israel in 2028, followed by an annual delivery of 3 to 5 aircraft.

01Philippine inflation may rise for four consecutive months

ASEAN Financial News,On June 3rd,According to economists' predictions, due to unfavorable base effects and high electricity prices,Inflation in the Philippines may rise for the fourth consecutive month in May, reaching the central bank's upper limit target of 4%. Moody's Analytics economist Sarah Tan said that the overall inflation rate in May may rise from 3.8% in April to 3.9%. Tan pointed out that the increase in electricity prices will increase price pressure, as temperatures across the country surged in May, and retailers shifted the high costs of wholesale electricity markets to consumers. On the other hand, due to the stabilization of rice prices, food inflation may ease to some extent.

phenanthreneChief Economist of Xin'an BankRobert Dan Roces also predicts that inflation will reach 4% in May. Ruben Carlo Asuncion, Chief Economist of Union Bank of the Philippines, said that inflation in May may remain at 3.8%, unchanged from last month, and the average inflation rate for the whole year this year may be 3.3%.

Reuters News,On June 2nd,Oil Alliance+ConveneNowOnline meetings will reduce daily productionThe measure of 3.66 million barrels will be extended for one year until the end of 2025, and the measure of reducing daily production by 2.2 million barrels will be extended for three months until the end of September this year. In order to support international oil prices in an environment of weak demand growth and rising production from competitors in the United States. The members of the Oil Alliance+are currently reducing production by 5.86 million barrels per day, accounting for approximately 5.7% of global demand.

It is understood that,Countries that voluntarily reduce production include Algeria, Iraq, Kazakhstan, Kuwait, Oman, Russia, Saudi Arabia, and the United Arab Emirates.Earlier, a market analyst stated thatDue to the decline in oil prices and sluggish demand, the oil alliance will extend its voluntary production reduction measures for several months. However, many analysts have also predicted that the organization will find it difficult to setThe target for 2025 has not yet been reached on the production capacity targets of each member country, which has previously caused tension.