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June 30th Qingqiao Morning Post | First Economic Dialogue between the United States and Vietnam
Release time:2024-10-08 Source: Qingqiao Number of views:

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Although we reside in far corners of the world, having a good friend is akin to having a good neighbor.
Today in history:113 years ago today, the Polish American poet, essayist, and literary historian Czeslaw Miwosz was born. His representative works include "The Imprisoned Mind," "The Valley of Ise," "Personal Duty," "The Land of Woollow," etc. His style of work is simple yet strong, and he does not excessively pursue form and external poetry, but his poetry has a strong infectious power. In 1980, he won the Nobel Prize for Literature.
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Politics
01Nearly 50 companies and individuals sanctioned by the United States for transferring funds to Iran

According to Reuters,On June 25th,The United States announces its recent actions50 companies and individuals have been sanctioned for transferring billions of dollars to the Iranian military.It is understood that this sanction mainly targets dozens of companies located in Hong Kong, the United Arab Emirates and the Marshall Islands, as well as companies located in Iran and Türkiye. The United States has frozen all the assets of these companies in the United States and prohibited Americans from dealing with them, while companies dealing with these companies are also exposed to the risk of sanctions.


US Deputy Secretary of the Treasury Adyemo said in a statementThe United States is taking action against the massive shadow banking system used by the Iranian military to launder billions of dollars in oil proceeds and other illegal income.The United States emphasizes that,The target of sanctions is to assist the Iranian Ministry of Defense and Armed Forces Logistics, as well as the Islamic Revolutionary Guard CorpsThe Shadow Banking NetworkThis networkSince 2020, it has helped MODAFL and IRGC enter the international financial system and processed funds equivalent to billions of dollars.


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military
01North Korea successfully tests multi warhead missile destruction capability

According to the Korean Central News Agency, on June 26th, the North Korean Missile General Administration successfully conducted a missile maneuvering combat partial departure and guidance test. The purpose of this experiment is to ensure the ability to destroy multiple warheads and targets. The experiment utilizes the first stage engine of a medium to long range solid fuel ballistic missile, with a flight test radius of 170 to 200 kilometers. The separated mobile warhead accurately flies towards three designated targets according to guidance instructions. The anti-aircraft target detector also verified the effectiveness of the decoy separated from the missile. After the test, the North Korean Missile General Administration stated that the relevant technical tests have "fully entered the testing phase", which is of great significance for the upgrading of missile power and technological development of the North Korean military.


The day before, the South Korean military claimed that North Korea had test fired a suspected hypersonic missile, but the projectile exploded in mid air. Officials from the South Korean General Staff said that the projectile of the suspected hypersonic missile flew for aboutIt ended in failure after 250 kilometers. South Korean officials said that more smoke was produced from the launch than before, and the missile may have a burning problem, and that the missile may be driven by solid propellants. The Japanese side also confirmed the launch, with their coast guard stating that the missile crashed into the Sea of Japan.


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Economics

01The United States and Vietnam hold their first economic dialogue

On June 25th, Vietnam and the United States held their first economic dialogue in Washington and agreed to cooperate in multiple fields. US officials also emphasized that the US Vietnam relationship remains close. However, US Deputy Secretary of State Fernandez stated at the US Vietnam Economic Dialogue that the relationship between Vietnam and the United States remains as strong as ever, and the two countries will engage in deep cooperation in areas such as economic security, semiconductors, investment environment, digital economy, cyberspace, energy, and key minerals. It is reported that the United States and Vietnam upgraded their bilateral relationship to a comprehensive strategic partnership last year, but the United States has not yet recognized Vietnam as a market economy country. Hanoi warns that maintaining a non market economy status is highly detrimental to bilateral relations.


Previously, Russian President Putin's recent visit to Vietnam drew high attention from the United States, which immediately arranged for Assistant Secretary of State Kanda to visit Hanoi and emphasized the United States' commitment to working with Hanoi to ensure freedom and openness in the Indo Pacific region. This economic dialogue is also considered a part of defending against Russia. Vietnam is currently the ninth largest trading partner of the United States, with a trade volume of124 billion US dollars.

02The EU accuses Microsoft Teams of being bundled with Office, violating antitrust laws

Bloomberg reported that on June 25th, the European Union preliminarily determined that Microsoft's bundling of video application Teams with enterprise application Office violated EU antitrust laws. Previously, Slack, a chat service that competes with Teams, accused Microsoft of automatically including Teams in its Office software, thereby depriving Slack of the opportunity to compete in a fair competition environment and giving Teams an unfair advantage.


EU Competition Commissioner Vestager stated that maintaining competition in remote communication and collaboration tools is crucial as it promotes market innovation. If confirmed, according to competition rules, Microsoft's actions will be illegal. It is reported that fines for violating anti-monopoly laws can reach up to the company's global revenue10%, while Microsoft's global revenue for the previous fiscal year was $211 billion. Microsoft President Smith stated in a statement that the company will strive to find solutions to address other concerns of the European Union.


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security

01WHO: Alcohol causes 2.6 million deaths annually

According to Agence France Presse,On June 25th,Published by the United Nations Health OrganizationI got itLatest report on alcohol and healthAlcohol causes annualOne in 20 people has died, including drunk driving, alcohol-related violence and abuse, as well as various illnesses.Data shows that in 2019, 2.6 million people died from alcohol consumption, accounting for 4.7% of all global deaths that year, with nearly three-quarters being male. In 2019, the proportion of deaths caused by alcohol consumption was highest among people aged 20 to 39, at 13%. WHO Director General Tedros Adhanom Ghebreyesus said that alcohol use seriously damages individual health, increases the risk of chronic diseases and mental health, and leads to millions of preventable deaths every year.


The report found thatOf all the deaths caused in 2019, an estimated 1.6 million people died from non communicable diseases. Among them, 474000 people died from cardiovascular diseases, and 401000 people died from cancer and other causes. According to the report, excessive drinking also makes people more vulnerable to infectious diseases such as tuberculosis, HIV and pneumonia. In 2019, there were approximately200 millionPeople rely on alcohol, accounting for a percentage of the global population3.7%. Europe has the highest per capita alcohol consumption, followed by the Americas.

02Finland becomes the first country to implement avian influenza vaccine

According to Reuters, recently,Finland from manufacturerCSL Seqirus purchases preventive avian influenza vaccine for 10000 peopleWe plan to provide preventive avian influenza vaccination for those who come into contact with animals, becoming the first country in the world to administer avian influenza vaccine. The Finnish Institute of Health and Welfare stated in a statement thatThe vaccine will be provided to individuals aged 18 or above who are at a higher risk of contracting avian influenza due to work or other circumstances.


As of now, the relevant authoritiesThe avian influenza virus has not yet been found in Finnish people, but an outbreak of avian influenza occurred in minks and foxes in most outdoor fur farms in Finland last year, resulting in approximately485000 animals were slaughtered.Medical experts have stated that,The situation in Finland is very different,theyhavea large number ofFur farms, animals may eventually come into contact with wild animalsThe first person to receive vaccination may be,Fur and poultry farmsinWorkers, laboratory technicians handling avian influenza samples, and veterinarians serving as animal controllers in fur farming facilities.


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Culture
01Lancang Mekong Traditional Chinese Medicine Diagnosis, Treatment and Cultural Promotion Center unveiled in Phnom Penh

According to China News Network, on June 25th, the Lancang Mekong Traditional Chinese Medicine Diagnosis, Treatment, and Cultural Promotion Center was unveiled at the Cosma China Cambodia Friendship Hospital in Phnom Penh, the capital of Cambodia. This project takes Cambodia as the starting point, based on the work foundation of the Chinese Traditional Chinese Medicine (TCM) foreign aid medical team in Cambodia, and relies on the cooperation between Guang'anmen Hospital and Cosma China Cambodia Friendship Hospital to establish a regional TCM diagnosis and cultural promotion center that integrates centralized medical diagnosis and treatment, TCM education and training, and TCM culture promotion functions. Through holding free clinics, forums, training courses, and building a cultural landscape of TCM diagnosis areas, the first intergovernmental TCM clinic between China and Cambodia will be developed into a platform for TCM exchange in the Lancang Mekong region.


In recent years, Guang'anmen Hospital of the Chinese Academy of Traditional Chinese Medicine has actively expanded its international cooperation fields and established cooperative relationships with countries and regions such as the United States, Singapore, Malaysia, Japan, and Cambodia, playing an important role in promoting traditional Chinese medicine to the world. In Cambodia, traditional Chinese medicine clinics and therapies are gaining increasing recognition among local residents.







Financial Newsletter
Xinhua Finance News: Since late May, spot prices of iron ore have significantly declined, with the Platts Iron Ore Price Index dropping to a minimum of $102.65/ton, a cumulative decline of nearly 15.0%; The main contract for iron ore futures on the Dalian Commodity Exchange fell below the integer threshold of 800 yuan/ton, with a cumulative decline of 14.5% from its high.


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