According to Xinhua News Agency, on June 14th, the first session of the new South African National Assembly was held in Cape Town, the legislative capital of South Africa. Newly elected members voted to elect the President after electing the Speaker and Vice Speaker. After the vote counting ended, Chief Justice Jodo of South Africa, who presided over the meeting, announced that the President of the ruling party, the African National Assembly, Ramaphosa, received 283 votes and was elected as the President of South Africa based on the voting results.

In the South African National Assembly elections held on May 29th, the ANC won 159 out of 400 seats, maintaining its position as the largest party in the National Assembly. Due to failing to secure more than half of the seats in the National Assembly, the ANC had to seek alliances with other political parties. The South African Broadcasting Corporation previously reported that the African National Assembly and the largest opposition party, the Democratic Alliance, have reached an agreement to form a government of national unity.

It is understood that Ramaphosa is currentlyAt the age of 71, he was elected as the President of the African National Assembly in December 2017 and was re elected in December 2022. In February 2018, the then President of South Africa, Zuma, announced his resignation, and Vice President Ramaphosa became the new President of South Africa. In May 2019, the ANC led by Ramaphosa won the general election, and he was subsequently elected president.

military affairs

01Russia exercises electronic missile launch during tactical nuclear exercises

Reuters reported that recently, the Russian Ministry of Defense stated that the Russian military conducted electronic missile launches in the second phase of tactical nuclear weapon deployment exercises. Reuters quoted the Russian Ministry of Defense as saying, "As part of the second phase of non strategic nuclear force exercises, personnel from the missile forces of the Leningrad Military Region have developed combat training missions to secretly advance to designated positions and have launched electronic missiles against hypothetical enemy targets."

The Russian Ministry of DefenseOn May 6th, it was announced that a tactical nuclear weapons deployment exercise would be held to test the readiness of non strategic nuclear forces to carry out combat missions, in response to Western officials threatening to deploy NATO forces to Ukraine. At that time, the Ministry of National Defense did not specify the exercise date, but stated that there would be air force, navy, and troops stationed near Ukraine participating; The purpose of the exercise is to ensure Russia's territorial integrity in the face of Western threats.

02The United States will send Patriot air defense systems to Ukraine again

According to Agence France Presse,On June 11th, Ukrainian President Zelensky requested an increase in air defense systems and called on Western countries to send several more Patriot systems to Ukraine, two of which will be used to defend parts of the Kharkiv region that have recently been attacked by Russian forces. Zelensky said at the reconstruction conference in Berlin that Russia's biggest strategic advantage over Ukraine is air superiority. Missile and bomb terrorist attacks help Russian troops advance on the ground, and air defense is currently the top priority of Ukraine's defense war.

In response, US government and military officials have stated that the US will dispatch another Patriot missile defense system to Ukraine in the coming days. This delivery will be at least the second Patriot missile system shipped from Washington to Ukraine. German Chancellor Scholz also delivered a speech at the same meeting with Zelensky, urging allies to excavate their arsenal in order to strengthen Ukraine's air defense capabilities as much as possible. So far, Germany has shipped three sets of Patriot missile systems to Kiev.

01The Bank of Japan announced that it would reduce its purchases of treasury bond bonds

Bloomberg reported that on June 14, the Bank of Japan pointed out in its announcement that the long-term treasury bond bond purchase policy determined in March will continue to be implemented. Later, in order to further liberalize the long-term interest rate formation mechanism in the financial market, the central bank will reduce the purchase of treasury bond, and at the monetary policy meeting held in July, it decided to reduce the purchase of bonds in the next one to two years. Bank of Japan Governor Yoshio Ueda said at the press conference that day: "The purchase of treasury bond will not be reduced a little, but will have a corresponding scale."

Prior to the meeting, the market generally expected the central bank to reduce its bond purchases to some extent. However, due to the fact that the central bank had not yet launched a specific plan on the same day, the Japanese yen to US dollar exchange rate in the Tokyo foreign exchange market fell to around after the announcement was released158 yen to 1 dollar level. Previously, the Bank of Japan announced in March that it would raise the policy interest rate from negative 0.1% to 0 to 0.1%. At the same time, it decided to end the yield curve control policy, and promised to continue to maintain a loose monetary environment through the purchase of treasury bond and other means.