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November 4th Qingqiao Morning Post | Iran plans to increase military budget by about 200%
Release time:2024-11-04 Source: Qingqiao Number of views:

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Personnel are replaced by others, old things become ancient and modern
Today in history:91 years ago today, Chinese physicist Gao Kun was born. In 1966, he published a paper titled "Surface Waveguides of Optical Frequency Dielectric Fibers", which pioneered the basic principles of the application of optical fibers in communication. He is known as the "father of fiber optic communication" and the "godfather of broadband". He won the Nobel Prize in Physics in 2009.
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Politics
01Former Malaysian Prime Minister Najib Razak found guilty of 25 charges on the surface

Kuala Lumpur Comprehensive News,On October 30th,The Kuala Lumpur High Court ruled that,MalaysiaFormer Prime Minister Najib's involvement in a corruption case involving a Malaysian development company25 charges are found guilty on the surface and must be defended in court.It is reported that,Najib facedThe 25 charges include four counts of abuse of power and 21 counts of money laundering, involving amounts of2 billion 270 millionRinggit.


Among the four charges of abuse of power, Najib is charged withBetween February 24, 2011 and December 19, 2014, he committed crimes at the Malaysian Bank in Bukit Ceylon, Kuala Lumpur. As for the 21 money laundering charges, Najib is charged with committing crimes at the same bank between March 22, 2013 and August 30, 2013.At present,The Malaysian government is drafting a new bill to allow alternative sentencing for specific offendersThe use of 'home confinement' as a substitute for imprisonment has raised doubts about the government's intention to spare Najib.


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military
01Iran plans to increase military budget by approximately 200%

According to Reuters,On October 29th,Iranian government spokesperson MukherjeeexpressThe Iranian government plans to increase its military budget by approximately200%The increase in defense budget is part of the budget proposal submitted by the government for parliamentary approval.


It is reported that,Iran and Israel have been launching missiles at each other for several months. IsraelOn October 26th, Iran was attacked in retaliation for its missile attack on Israel on October 1st.Iran has stated that it will use all available weapons to respond to Israel's attacks.

02EU, UK, Canada impose new sanctions on Myanmar military

According to Agence France Presse,On October 29th, the European Union, the United Kingdom, and Canada announced new sanctions against the military government of Myanmar, restricting its access to military supplies, equipment, and funds. The UK claims that the new sanctions target entities that supply aviation fuel and equipment to the Myanmar military, with the aim of limiting their ability to conduct airstrikes on civilians.


British Foreign Officeexpress, fromSince the 2021 coup,Myanmar hasexceed3.4 million people have been displaced due to the fighting, over 18 million people require humanitarian assistance, and are facing a serious surge in organized crime. The UK has provided over to Myanmar's civil society and local communities150 millionHumanitarian aid, healthcare, education, and support in pounds sterlingThe UK firmly supports the people of Myanmar and their aspirations for a peaceful and democratic future.


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Economics

01Eurozone economy grows 0.4% quarter on quarter in Q3

According to Xinhua News Agency, on October 30th, data released by the European Statistical Office showed that after seasonal adjustment, the gross domestic product of the Eurozone in the third quarter of this year increased by 0.4% month on month, and the GDP of the European Union increased by 0.3% month on month. Although slightly better than expected, the overall performance for the year remained sluggish.

From a country by country perspective, Germany, the largest economy in the European Union, in the third quarterThe GDP increased by 0.2% month on month, while the GDP of France and Spain increased by 0.4% and 0.8% respectively during the same period. Ireland's GDP grew by 2.0% month on month, while Hungary's GDP shrank by 0.7% month on month.


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security

01Tuberculosis once again became the world's number one killer of infectious diseases

United Nations News,On October 29th,The World Health OrganizationorganizationThe Global tuberculosis Report 2024 released shows that in 2023, the number of confirmed cases of tuberculosis in the world will reach 8.2 million, a new high since the WHO launched the global tuberculosis surveillance in 1995, a significant increase from 7.5 million in 2022. This surge makes tuberculosis the number one infectious disease killer in 2023 again, and its impact even surpasses that of the coronal disease pandemic.

Tan Desai, Director General of WHO, said that the large increase in new cases of tuberculosis was mainly due to malnutritionAIDSToxic infection, alcohol use disorder, smoking and diabetes are five major risk factors. Although tuberculosis prevention, detection and treatment tools are available, tuberculosis still causes a large number of deaths and illnesses, which is outrageous. He urged all countries to fulfil their commitment to expand the use of these tools and eradicate tuberculosis.

02American consumers collectively sue McDonald's

According to Xinhua News Agency, two American consumers have recently filed a class action lawsuit against McDonald's, accusing the company of causing an E. coli outbreak with onion slices from its "three liang" burger. This class action lawsuit requires McDonald's to compensate all American consumers who have purchased "three liang" hamburgers suspected of being contaminated with E. coli. The specific amount has not been determined yet, but it is expected to exceed $5 million.


It is reported that sinceSince the end of September, multiple states in the United States have reported cases of E. coli infection related to this burger. According to data from the Centers for Disease Control and Prevention, as of October 25th, at least 75 people in 13 states in the United States have experienced discomfort symptoms and at least one person has died. Currently, McDonald's has removed this burger from one-fifth of its 14000 stores across the United States.


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Culture
01Indonesia's National Museum reopens to the public

ASEAN Financial News,On October 30th, the National Museum of Indonesia, which had been closed for a year due to a fire, reopened to the public, attracting a large number of visitors. The reopened National Museum of Indonesia has specially set up a fire exhibition area, where visitors can see the walls burned by the fire, the scattered burnt ground, and the debris mixed with wooden blocks and fragments. The museum stated that this move aims to remind people to cherish cultural heritage and enhance disaster prevention awareness.

The National Museum of Indonesia is a comprehensive museum that combines archaeology, history, anthropology, and geology. It is also known as the Elephant Museum due to the presence of an elephant statue in its front yard.On the evening of September 16, 2023, a fire broke out in the museum. Official statistics show that a total of 902 cultural relics in the six exhibition rooms of the museum have been affected to varying degrees.






Financial Newsletter
London financial news: Recently, the main contract for cotton futures closed at 14000 yuan/ton, and the main contract for cotton yarn futures closed at 19510 yuan/ton.


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