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June 16th Qingqiao Morning Post | G7 to announce the use of frozen Russian assets to aid Ukraine
Release time:2024-06-16 Source: Qingqiao Number of views:

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good morning

Standing on the wall of the well, my heart turns to the stars
Today in history:121 years ago today, Henry Ford founded the Ford Motor Company. Henry Ford was the first person in the world to mass produce cars using assembly lines. Henry Ford's production method made cars a popular product, not only revolutionizing industrial production methods, but also having a huge impact on modern society and culture. In the book "The 100 People Who Influenced the Process of Human History" written by American scholar Mike Hart, Henry Ford is the only entrepreneur on the list.
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politics
01Demolition of illegal buildings belonging to the Bayao ethnic group in Sabah, Malaysia

According to Malaysia's comprehensive news, on June 7th, law enforcement authorities in Sabah, Malaysia drove away illegal immigrants, including stateless Sea Bayao people, and demolished 273 illegally built houses in the area of the Sabah National Marine Park. Non governmental organizations accuse the authorities of using harsh and inhumane methods such as setting fire to houses to expel the Bayao people, resulting in hundreds of people being homeless, including many women and children. However, Sabah's Minister of Tourism, Culture and Environment, Liu Jingzhi, denied the allegations and stated that the burning of the house was self directed and performed by the Bayao people, with the aim of seeking sympathy.


In Indonesian, Bayao refers toThe people of the sea. Most of the Bayao people have no nationality and have long lived a nomadic life in the waters of Malaysia, Indonesia, and the Philippines. They live in small boats, or in tall houses on the shore and shallow waters, and cannot enjoy any citizenship rights, including education or government provided healthcare subsidies. According to a population census conducted in 2000, there are estimated to be 1.1 million Bayao people in the areas of Malaysia, India, and the Philippines, while there are approximately 347000 people in Malaysia, most of whom live on the western coast of Sabah and in the eastern part of Sabah's Senbena.

02Ban extended for 45 days, Israel prohibits Al Jazeera from operating

Reuters reported that Israel has threatened national security byOn May 5th, Al Jazeera closed its business in Israel. The local court ruled on June 5th to maintain the ban until June 8th, and on June 9th, the court decided to extend the ban for another 45 days.


A judge from the Tel Aviv Regional Court earlier stated that the court has obtained evidence to prove that Hamas has a long-standing and close relationship with Al Jazeera, which is supported by Qatar and aims to promote Hamas. However, the judge did not disclose the specific content of the evidence. Israeli Minister of Communications Karshi said that access to programs and websites broadcasted by Al Jazeera will continue to be blocked, and they will not allow the terrorist affiliated channel Al Jazeera to broadcast programs from Israel. Al Jazeera denies all related allegations.


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military affairs
01The G7 will announce the use of frozen Russian assets to aid Ukraine

Washington News: On June 13th, the G7 summit was held in Italy. The United States has revealed that the leaders of the seven countries will announce action at the summit to provide new assistance to Ukraine using the proceeds of frozen Russian financial assets. According to insiders, the leaders of the G7 have almost agreed to reach a political agreement to provide Ukraine with approximately $50 billion in loans, secured by interest income from frozen assets of the Russian central bank worth 300 billion euros. US officials say that the interest income earned from frozen Russian assets in Europe is estimated to be worth 3 to 5 billion euros per year, but it depends on interest rates and other factors.


The repayment of loans also depends on whether these assets can remain frozen for a sufficient period of time to sustain profits. It is expected to take several years to repay the loan. If the war ends prematurely and these assets are part of a peace agreement with Russia, it is still unclear who will bear the responsibility for repaying the loans. On the other hand, the United States has also announced a series of sanctions aimed at limiting Moscow's ability to continue fighting in Ukraine, while increasing the risk for foreign banks that still have business dealings with Russia.


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economic

01Apple launches personal intelligence system "Apple Intelligence"

According to Xinhua News Agency, on June 10th, Apple launched its personal intelligence system "Apple Intelligence" at the 2024 Global Developers Conference, which can be deeply integrated with iOS 18, iPadOS 18, and macOS Sequoia operating systems. It is reported that as part of "Apple Intelligence", the new application "Writing Tools" can allow users to rewrite, proofread, and summarize text on emails, notes, and third-party writing applications that come with various Apple platforms. Meanwhile, with the support of Apple Intelligence, the voice assistant Siri will have richer language comprehension abilities, more natural, contextual, and personalized answers.


The company pointed out that it will be available in the fall of this yearThe iOS 18, iPadOS 18, and macOS Sequoia system platforms have launched the "Apple Intelligence" English test version, which can run on iPhone 15Pro, iPhone 15Pro Max, and tablets and computers equipped with M1 and above chips. Apple CEO Cook said that "Apple Intelligence" will change the interaction between users and Apple products. Industry insiders believe that with AI becoming a hot topic in technological development, the launch of "Apple Intelligence" brings new interactive experiences to users and is expected to increase the sales of new Apple products.


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security

01Forest fires and haze in California, USA, causing over 50000 premature deaths in 10 years

According to a research report published in the journal Scientific Progress on June 7th, PM2.5 suspended particle pollution caused by wildfires in California between 2008 and 2018 resulted in 52480 to 55710 premature deaths. It also caused an economic impact equivalent to $432 billion to $456 billion. During these 10 years, Los Angeles County was the hardest hit, with an estimated 9224 premature deaths. Sacramento County followed closely behind, with over 4147 deaths.


It is understood that exposure to wildfires can causePM2.5 particles can cause various health problems, including respiratory diseases, heart disease, and even premature death. Researchers at the University of California, Los Angeles adopted a comprehensive approach and found that wildfire haze existed in every community in California throughout the entire study period. A study suggests that the worsening wildfire situation in California is partly due to climate change, which puts nearly 40 million people in California at higher health risks.

02India reports second human case of H9N2 avian influenza infection

Reuters reported that on June 11th, the World Health Organization confirmed a case of human infection with avian influenza in the eastern state of West Bengal, India. The patient is a four year old child infected with the H9N2 avian influenza virus. The patient was admitted to the pediatric intensive care unit of a local hospital in February due to persistent severe respiratory problems, high fever, and abdominal cramps. After diagnosis and treatment, the patient was discharged three months later.


This is the second human infection in IndiaThe first case of H9N2 avian influenza virus occurred in 2019. The World Health Organization has not obtained information on the vaccination status and antiviral treatment of patients. Although the H9N2 avian influenza virus usually only causes mild symptoms, the World Health Organization says that as this virus is one of the most commonly transmitted avian influenza viruses in poultry in different regions, there may be some human cases of infection. At present, the Indian Ministry of Health has not responded to the report.


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culture
01The statue of Vishnu from Cambodia arrived in France for restoration

According to the Cambodian China Times, the French Embassy in Cambodia recently announced that the statue of Vishnu has arrived in France for restoration and exhibition. This is a national treasure level cultural relic of the National Museum of Cambodia, and also a symbol of the special cooperation between France and Cambodia over the years to restore the Angkor Monument of West Mehbun Monastery.


CambodiaThe Ministry of Culture and Arts pointed out that the head of the person from Ximeiben Temple is differentThe 1000 year old statue of Vishnu and 39 fragments will be transported to the Research and Restoration Center of the French Museum. This is a cooperation project reached between Cambodia and France in 2019, but it has been postponed to this day due to the impact of the epidemic.methodThe National Museum Research and Restoration Center will carry out restoration and research on cultural relics to understand the clever techniques of giant bronze statues from the Angkor period. The research results will be widely distributed. After completing the restoration and research, the cultural relics will be exhibited at the French Museum in mid next year, and Cambodia will thenLend out 126 bronze statues for exhibition. After the exhibition, this batch of cultural relics will be transported to three locations in the United States for further exhibition.







Financial Newsletter
According to data from the Malaysian Palm Oil Authority, Malaysia has maintained an export tax of 8% for crude palm oil in July, but has lowered the reference price for July from 3956.06 Ringgit/ton in June to 3839.63 Ringgit/ton.


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