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On August 9th, Qingqiao Morning News reported that the ceasefire negotiations between Israel and Kazakhstan failed, and the Israeli army carried out airstrikes on schools in Gaza
Release time:2024-08-09 Source: Qingqiao Number of views:


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good morning

The passage of time is like this, never giving up day and night
Today in history:59 years ago today, Singapore gained independence from the Federation of Malaysia and officially became the Republic of Singapore. Singapore also designates August 9th as its National Day, which is one of the most important festivals in Singapore. On this day, Singapore holds many celebration activities, including military parades, parades, etc., to showcase the country's military strength and cultural characteristics.
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Politics
01Mali announces severance of diplomatic relations with Ukraine

According to Xinhua News Agency, on August 4th, the transitional government of Mali issued a statement stating that it had noted the "subversive" remarks made by Ukrainian military intelligence agency spokesperson Yusof, acknowledging Ukraine's involvement in attacks launched by armed terrorist groups, resulting in casualties and property damage to Malian troops in the fighting in the northeast. The transitional government of Mali has decided to immediately sever diplomatic relations with Ukraine.


It is reported that,In March 2012, a military coup occurred in Mali, and Tuareg militants took advantage of the situation to capture three regional capitals, including Kidal in the north. In May 2015, the Malian government signed a peace and reconciliation agreement with some armed groups in the northern region, and in June of the same year, all parties completed the final signing of the agreement. However, conflicts have continued in the northern region of Mali in recent years, and there has been an increasing trend of armed attacks in the central and southern regions. The Malian side stated that the actions of the Ukrainian authorities "violated Mali's sovereignty and constituted a clear aggression against Mali".


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military
01Israeli ceasefire talks fail, Israeli army airstrikes Gaza schools

According to news from Egypt, recently,Hamas leader HaniyehAssassinated and killed, the ceasefire negotiations between Israel and Kazakhstan have completely failed. On August 4th, the Israeli army bombed two schools in Gaza City in the northern Gaza Strip, resulting in at least 25 deaths and dozens of injuries. The Israeli military claims that this is to combat Hamas militants who are hiding in schools and hospitals. The Israeli military has taken multiple measures to reduce the risk of harming civilians, including the use of precision ammunition.


The government media office controlled by Hamas pointed out that sinceSince the outbreak of a new round of Israel Kazakhstan conflict on October 7, 2023Israel has already attacked Gaza172 shelters, most of which are schools accommodating thousands of refugees.

02The US military will build a military base in the Cocos Islands of Australia

According to Reuters, recently there have been reports indicating thatThe US military may carry out military construction in the Cocos Islands in northwest Australia. It is understood that,The strategic location of the Cocos Islands is close to the Strait of Malacca and the northern passage of Australia, giving them significant geopolitical advantagesPreviously,Cocos IslandsJustIt is included in the expected construction projects under the US Pacific Deterrence Initiative along with the Philippines, Papua New Guinea, and Timor Leste.


There is also news thatthis yearIn June, the US Navy began looking for contractors for a project worth up to $2 billion to build docks, runways, fuel storage facilities, and hangars in places such as the Cocos Islands, Papua New Guinea, and East TimorThese projects scheduled for construction in the next two years makeAustraliaBecoming the primary location for the US Air Force and Navy's overseas construction expenditures.But so far, neither the US nor Australia has responded to this.


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Economics

01Indonesia's Q2 growth exceeds 5%

According to the quarterly economic data released by the Indonesian Bureau of Statistics on August 5th, Indonesia's gross domestic product (GDP) in the second quarter of this year increased by 5.05% year-on-year, slightly lower than the 5.11% in the first quarter. However, Indonesia's GDP in the second quarter still achieved a 3.79% month on month growth, exceeding expectations. This is also Indonesia's third consecutive quarter of growth exceeding 5%, demonstrating the resilience of the country's economy.


The authorities stated that, specifically speaking, household consumption increased year-on-year in the second quarter4.93%, similar to the growth rate in the first quarter. But public consumption only increased by 1.42%, a significant decrease from the previous quarter's 20% growth rate. According to analysis, public consumption in Indonesia in the first quarter was stimulated by news such as government cash subsidies and salary increases for civil servants. It is expected that in the third and fourth quarters, stimulating public consumption will become a key policy.

02The US military will build a military base in the Cocos Islands of Australia

According to Bloomberg, Intel recently projected revenue of $12.5 billion to $13.5 billion for this quarter, falling short of the expected $14.38 billion. Intel has announced plans to lay off more than 15% of its approximately 110000 employees. In addition, the company will suspend dividends from the fourth quarter until cash flow improves to a sustainable higher level.


Intel Chief Financial Officer Sinsner said in an interview that revenue and financial conditions have not reached ideal levels, and layoffs are necessary. They hope to find a sustainable business model through this.


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security

01The Philippine House of Representatives approves the use of medical marijuana

Manila News: On July 30th, the Philippine House of Representatives passed a third reading bill allowing the use of marijuana for medical purposes. In addition, the Philippine House of Representatives has proposed the establishment of a medical marijuana office under the Department of Health, responsible for developing rules for marijuana use, including related licensing applications and enforcement actions, and collaborating with the Dangerous Drugs Committee to prevent non-medical or recreational use of marijuana.


This is the second attempt by the Philippines to pass this bill. This bill must be passed by the Senate before it can be submitted to Philippine President Marcos for formal approval. The Chairman of the House Committee on Dangerous Drugs and Congressman Barber said that the bill only allows qualified doctors who meet specific conditions to prescribe marijuana, and the use of marijuana in other forms is still illegal and can be subject to legal sanctions. Little Marcus is hereDuring the 2022 election campaign, he also stated that as long as there are strict regulations, he supports the legalization of medical marijuana. If the bill is ultimately passed, the Philippines will become one of the few Asian countries to legalize medical marijuana.


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Culture
01The Fashion Culture Festival of the "the Belt and Road" International Cultural Festival ends

According to Xinhua News Agency,"The Belt and Road" International Cultural Festival Fashion Culture FestivalThe event came to an end"The Belt and Road" International Cultural Festival Organizing Committee and Singapore International Capital Investment GroupFamous fashion designers and cultural celebrities from both China and Singapore participated in the grand event. The grand ceremony is themed "Fashion Without Borders, Cultural Sharing", showcasing the unique charm and profound cultural heritage of Chinese national clothing through fashion shows.


In addition, the ceremony also set up multiple art exhibition areas, showcasing artworks, handicrafts, and cultural heritage from countries along the route. These exhibits not only allow the audience to appreciate the unique charm of various cultures, but also provide them with a deep understandingHistorical, cultural and social opportunities of countries along the "the Belt and Road".The organizer stated that,This grand ceremony not only gathers the essence of global fashion and culture, but also becomesAn important platform for international cultural exchange and cooperation under the the Belt and Road Initiative.






Financial Newsletter
Xinhua Finance and Economics News, recently, the active bonds of China's 10-year treasury bond fell below 2.1%, and the active bonds of 30-year treasury bond fell below 2.3%, both hitting new historical lows.


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