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September 3rd Qingqiao Morning Post | Indonesian Private Car Drivers and Knights Strike and Protest
Release time:2024-09-03 Source: Qingqiao Number of views:

good morning

The night is inevitably dark and cool, but there will always be dawn ahead
Today in history:148 years ago today, German automotive engineer Ferdinand Porsche was born. He revolutionized previous cars, laid the foundation for modern car models, and designed the Beetle, the founder of Porsche.
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Politics
01French President Macron visits Serbia

According to Reuters,On August 29th, the President of FranceOn the same day, Macron received British Prime Minister Stamergo toI got itBelgrade launches a two-day visit. He and Serbian President Vu č i ć will discuss topics including the purchase of Rafale fighter jets manufactured in Dassault, France, as well as energy and artificial intelligence.It is reported that,This is Macron's second meeting with Vucic this year.


Serbia is considering joining the European Union, but EU authorities have stated that,Before joining the European Union, Serbia must improve its democracy, rule of law, and judicial system, eradicate corruption, bureaucracy, and organized crime,And implement a foreign policy consistent with the EU, including sanctions against Russia.


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military
01Philippines plans to spend $33 billion to purchase medium range missile systems and fighter jets

Manila News: On August 29th, Philippine Defense Secretary Teodoro revealed that the Philippines is preparing to spend at least $33 billion to acquire intermediate range missile systems and advanced fighter jets to strengthen territorial defense amid escalating regional tensions.


At present, the Philippine Ministry of Defense has started soliciting quotations, but Teodoro did not specify which models of fighter jets the Ministry of Defense plans to purchase, did not disclose potential bidders, and did not provide a timeline for the procurement plan. He stated that in addition to the existing South KoreaFA-50 fighter jet, the Philippines also needs a multi-purpose jet fighter with "faster speed and greater lethality". Bidders must propose a financing plan, in which payments can be repaid in installments.


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Economics

01Apple's service department lays off 100 employees

Bloomberg reported that on August 27, a person familiar with the matter said that as Apple adjusted its strategic development direction, the service department under its senior vice president of Internet software and services, Mr. Kuey, cut about 100 people, including engineering personnel. Data shows that in the 2023 fiscal year, service revenue accounts for approximately 19% of Apple's total revenue.


It is reported that Apple does not often make layoffs, but this year Apple has made at least four rounds of layoffs, including more than600 employees, as well as its 121 person artificial intelligence research and development team in San Diego. According to Apple's latest regulatory disclosure report, there are approximately 161000 full-time or equivalent full-time employees under its umbrella.

02IndonesiaPrivate car drivers and knights strike and protest

On August 29th, strikes and demonstrations erupted in multiple cities in Indonesia, with over 1000 private taxi drivers and riders protesting against low wages and calling on the government to provide them with more protection. Andy, the representative of the National Online Taxi Alliance, who organized this protest, said that drivers hope that private ride hailing companies can increase their profit sharing for each trip, higher than the current 80%, and hope that the government can give them special status in their employment terms so that they have greater bargaining power.


It is reported that,GoTo and Grab provide private car hailing, food delivery, and other services in several Southeast Asian countries, with a total market value of approximately $18 billion. Analysis suggests that these companies consider drivers and riders as partners, and therefore have no legal obligation to set minimum wages, pay social security insurance, or limit working hours. However, the government needs to set minimum and maximum fees for drivers and riders in all industries.


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security

01Fake alcohol poisoning incident in Thailand

According to Bangkok's comprehensive news, since August 19th, more than 30 people have been sent to the hospital for emergency treatment due to symptoms such as sudden cardiac arrest, difficulty breathing, and blurred vision after drinking fake alcohol. So far, six people have died, seven people are unconscious, and more than 20 people need dialysis.


It is reported that Thai people like to drink traditional medicinal wineYa Dong ", but most of the liquor sold at roadside stalls is privately brewed without quality and safety control, which is harmful to health. The authorities have banned the illegal production and sale of these medicinal liquors, and arrested several people to assist in the investigation.

02Kuala Lumpur experiences four sinkholes in five days

Kuala Lumpur, the capital of Malaysia, has experienced four subsidence incidents in the past five days, with the latest three incidents resulting in no casualties or missing persons. Deputy Prime Minister Fadhila emphasized that the geological conditions at the incident site are still safe.


On August 23rd, a 48 year old Indian female tourist named Vijaya Rai Chumi was walking on the Indian Mosque Road in the center of Kuala Lumpur when the ground suddenly collapsed, causing her to fall into an eight meter deep pit and disappear. On the evening of the 26th, a pedestrian walkway in Gangbangga Lingzhi, about eight kilometers south of the Indian Mosque Road in Kuala Lumpur, also collapsed, fortunately no casualties were caused. Subsequently, the road section experienced two consecutive ground collapses, and the authorities have blocked the affected area and prohibited vehicles from passing through.


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Culture
01Japan develops heat-resistant rice to cope with extreme climate impacts

According to Reuters, the Saitama Prefecture Agricultural Technology Center in Japan recently collected seeds from various parts of the country, cultivated and cross pollinated them. A heat-resistant rice called "Emihokoro" has been developed and tested in 31 rice fields, hoping to cope with the impact of extreme weather.


It is reported that Japan's new rice variety is the fastestReleased in September, this may temporarily alleviate the rice shortage, but the tight supply of rice is expected to continue until next year, and future rice harvests will still be threatened by hot weather. The Japanese government has pointed out that switching to heat-resistant rice varieties is one of the most important measures taken to prevent climate change from affecting rice yields, and hopes to develop more heat-resistant varieties in the future.






Financial Newsletter
London financial news: Recently, WTI crude oil futures closed up nearly 1.87% at $75.91 per barrel. Brent crude oil futures closed up 1.64% at $79.94 per barrel.


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