According to the Vietnam News Agency, on October 21st, the Vietnamese National Assembly elected Army General and Executive Secretary of the Central Secretariat of the Communist Party of Vietnam, Liang Qiang, as the new President of the country. 67 year old Liang Qiang will take over Su Lin's position. Sulin was appointed as the President of the country in May and subsequently took over as General Secretary of the Vietnamese Communist Party in August after the death of former General Secretary Nguyen Phuc Trong.

Liang Qiang promised in his inaugural speech to enhance national defense capabilities and promote an independent and multilateral foreign policy. He emphasized the need to maintain and strengthen intra party unity, and build a clean, strong, and truly socialist rule of law country. Liang Qiang is the fourth President of Vietnam in the past two years. Initiated by Ruan FuzhongThe "melting pot" anti-corruption campaign caused political turmoil within two years, as former presidents Nguyen Xuan Phuc and Wu Wenshang stepped down.

02UK immigration population growth hits 75 year high

According to Reuters, the UK Office for National Statistics recently released the latest population data, which shows that as of mid-2023, the UK's population will increase to 68.3 million, with an annual growth rate of 1%. The authorities stated that the four major regions of England, Wales, Scotland, and Northern Ireland in the UK are all experiencing population growth, mainly driven by an increase in net immigration, with the largest annual increase in immigration in 75 years.

It is reported that after the UK left the EU, changes in visa rules have led to a sharp decline in the number of immigrants from the EU. However, at the same time, the UK has issued new work permit regulations, causing a surge in immigrants from India, Nigeria, and Pakistan. The influx of immigrants has taken up the already tight social resources in the UK, causing public dissatisfaction. This yearIn August, far right groups took to the streets to hold anti immigrant demonstrations, posing new challenges to the newly elected Labour government.

military

01Australia will spend AUD 7 billion to purchase long-range missiles from the United States

According to Reuters,On October 22nd,Australian Defense Minister Marr issued a statement saying that Australia will investAUD 7 billion to purchase US made SM-2 IIIC and SM-6 long-range missiles for the Navy，The SM-6 missile will be deployed on the Hobart class destroyers of the Australian Navy and future Hunter class frigatesTo strengthen Australia's air and missile defense capabilities.

It is reported that,SM-6 is the most advanced naval air defense missile in the United States, which can be used to intercept ballistic missiles and has also been used to strike ships and ground targets, as well as for air-to-air testing. The Australian Navy test fired Raytheon's SM-6 missile from a warship during a joint exercise with the United States in Hawaii in August.

02US adds 800 million military aid to Ukraine for drone production

New York News: Recently, sources revealed that the United States continues to strengthen its military assistance to Ukraine, including preparing a $800 million aid program to support Ukraine's production of drones. Ukrainian President Zelensky stated that the drone program was an additional $400 million in weapons aid announced during US Defense Secretary Austin's visit to Kiev.

At the same time, the Russo Ukrainian war was sparked by rumors that North Korea had sent1500 special forces troops were sent to the Russian Far East region for further upgrading. The Deputy Permanent Representative of the United States to the United Nations, Wood, warned in his speech at the United Nations Security Council that if North Korea does indeed send troops to Russia, it would be a "dangerous and extremely concerning development," stating that consultations are underway with allies to assess potential impacts.

01HSBC will streamline its organizational structure

Bloomberg News: On October 22nd, HSBC Group announced that in order to accelerate the implementation of its priority strategy, HSBC Holdings will streamline its organizational structure and restructure into four major businesses - Hong Kong, UK, corporate and institutional wealth management, as well as international wealth management and excellence wealth management.

HSBC Group CEO Adam Smith stated in a statement that this new structure will give rise to a more streamlined, dynamic, and agile organization. In addition, aThe 12 member Group Operations Committee will replace the current 18 member Group Executive Committee and become HSBC's main decision-making committee. The group also announced the appointment of Guo Peiying as Chief Financial Officer, the first female Chief Financial Officer in HSBC's history.