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July 26th Qingqiao Morning Post | Philippines announces complete ban on offshore gambling industry
Release time:2024-07-26 Source: Qingqiao Number of views:

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Adhering to the law and upholding righteousness, towering like an autumn mountain
Today in history:168 years ago today, Irish playwright George Bernard Shaw was born. Shaw's representative works include "Candida," "The Widower's Property," "Weapons and Men," and so on. He is an outstanding modern British realist playwright and a world-renowned language master skilled in humor and satire. In 1925, George Bernard Shaw was awarded the Nobel Prize in Literature for his works that embody idealism and humanitarianism.
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Politics
01US Secret Service Director Chettel Resigns

According to news from Washington, on July 23rd, the former Director of the United States Secret Service, Chettel, who took office in 2022, resigned. The day before, Chettel admitted that the Republican presidential candidateTrump assassinated by gunmanIt was a serious mistake by the Secret Service, but sheIndicate that they will not resign. Later on the same day, Biden confirmed Chettel's resignation in a statement released by the White House and expressed gratitude to Chettel.


It is reported that on July 13th, Trump was shot at a campaign rally in Pennsylvania. Although he only suffered minor injuries and the gunman was killed on the spot, the Secret Service responsible for protecting Trump was accusedThere are significant security breaches. It is reported that the Secret Service realized a potential security vulnerability in the rooftop where the gunman was lurking just days before the rally, but did not take measures on the day of the rally to ensure that no one could climb up. Chettel was summoned to attend a congressional hearing and admitted in her opening statement that the shooting incident involving Trump was carried out by the Secret ServiceThe most serious mistake in decades.

02Over 2500 protesters arrested in Bangladesh

According to data provided by police in the capital city of Bangladesh, Dhaka, Chittagong, and other areas, over 2500 people have been arrested during protests against the quota system for public office in Bangladesh. Bangladeshi Prime Minister Hasina condemned political opponents for using student protests to create violent incidents and stated that the curfew will be extended. It is reported that over 1200 people have been detained in Dhaka and its rural and industrial areas alone, accounting for nearly half of the total; Nearly 600 people were arrested in Chittagong and its rural areas.


This is Hasina since this yearThe deadliest demonstration in Bangladesh since taking office in January. India has evacuated at least 4500 students from Bangladesh, and Malaysia has also sent chartered flights to transport over 100 nationals from Bangladesh back to their home country. Hasina stated that student protesters did not participate in terrorist actions such as arson. She accused the opposition parties, the Bangladesh Nationalist Party and the Islamic Congress Party, of taking advantage of the situation to launch similar radical attacks.


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military
01Russian army claims to have occupied a village in eastern Ukraine

According to Russian news, on July 23rd, the Russian military announced that they had advanced into the Donetsk region of eastern Ukraine and occupied a village. It is reported that the village only has a few streets and houses, but is located about 30 kilometers northeast of Bakhmut, with an extremely important geographical location. The Russian Ministry of Defense also stated that before launching a military attack, the Russian military had "liberated" the Ivano Daryvka settlement.


Regarding this, the Ukrainian side stated that they are suffering a large number of casualties and hope that military aid provided by the West will arrive at the front line as soon as possible to help the Ukrainian army resist Russia's attack.


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Economics

01India releases new government's first budget proposal

Bloomberg reported that on July 23, India released the first budget of the new government, with Indian Prime Minister Modi promising to invest 2 trillion rupees to promote employment and improve education, increase spending on new allies, while also planning to narrow this year's fiscal deficit and raise capital gains tax. Indian Finance Minister Sitharaman stated that in the fiscal year ending March 2025, India will focus on employment, skills training, small businesses, and the middle class, and announced a series of employment related corporate incentives to help stimulate employment.


It is reported that since Modi's political party lost its majority in the general election,The new coalition governmentThe first budget proposal under the guidance. Despite India's rapid economic growth, high unemployment rates and cost of living have become major concerns for voters. Modi is seeking to increase voter support for him and balance the demands of coalition partners without expanding the budget deficit. Containing the deficit and government debt is the key to improving India's credit rating, which is currently at the lowest investment grade level.


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security

01Philippines announces comprehensive ban on offshore gambling industry

Recently, according to ASEAN financial news,Philippine President Marcosannounce,the PhilippinescomprehensiveProhibit all offshore gambling businesses. Marcos pointed out that the Philippine offshore gambling industry is involved in many illegal activities unrelated to gambling, such as financial fraud, money laundering, human trafficking, kidnapping, torture, and even murder. The primary task at present is to stop this chaotic situation that causes serious damage to society and tarnishes the image of the country.


Marcos orders the country's gambling regulatory agency——Philippine entertainment and gambling companies will cease all offshore gambling operations by the end of this year. He also instructed the Philippine Department of Labor to assist Filipino workers who were unemployed due to the ban.

02Mass shooting at Philadelphia party, resulting in 3 deaths

On July 21st, a large-scale shooting incident occurred at a party in Philadelphia, Pennsylvania, USA, with multiple gunmen shooting and nine people being hit, including three deaths.


The Philadelphia Police Department reported that the mass shooting occurred around 2am on North Alden Street in Carroll Park, West PhiladelphiaBlock 1200. At the time of the incident, over 100 people attended the gathering. The three deceased were all males, aged 23, 29, and 33 respectively. One of them died on the spot, while the other two were pronounced dead after being taken to the hospital. A gun and 25 to 30 shell casings were found at the scene, and preliminary information suggests that multiple gunfire and triple homicide were caused by multiple clashes.


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Culture
01International research finds that seafloor polymetallic nodules may produce 'dark oxygen'

According to Xinhua News Agency,On July 23rd,A team of research institutions from countries including the UK, US, and Germany has discovered that in the dark depths of the ocean, polymetallic nodules may also produce oxygen; This indicates thatDark oxygen may play an important role in ecosystems.It is reported that polymetallic nodules are a type of seabed mineral resource, often distributed in a semi buried state on seabed sediments, containing various metal components such as manganese and iron, and usually about the size of potatoes.


Research TeamCapture sediment from a seabed rich in polymetallic nodules in the Pacific Ocean, place it in a closed experimental apparatus, and measure changes in oxygen content within it. It was found that the oxygen content not only did not decrease, but also increased.This indicates thatPolymetallic nodules may play a role in increasing oxygen levels in the deep sea.Researchers have stated that althoughThere are still many questions to be answered, including the energy source that generates the current and whether the reaction continues to occurWait, but this latest discoveryA possibility has been proposed that seafloor polymetallic nodules may have provided oxygen for the origin of life on Earth.







Financial Newsletter
According to Caixin News Agency, international oil prices have recently fallen, with Brent crude oil breaking the $80/barrel mark for the first time since June 10th, dropping nearly 1.8% during the day. WTI crude oil fell more than 2% to $76.50 per barrel.


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