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November 12th Qingqiao Morning Post | German Finance Minister dismissed, Liberal Democratic Party withdraws from coalition government
Release time:2024-11-12 Source: Qingqiao Number of views:

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Although the road is endless and faraway, I still want to pursue the truth in the world.
Today in history:On this day 157 years ago, Sun Yat sen, the pioneer of the Chinese democratic revolution, was born. He was the founder of the Republic of China and the Kuomintang, an advocate of the Three Principles of the People, and created the "Five Power Constitution". He was the first to raise the banner of thoroughly opposing imperialism and feudalism, ending China's more than two thousand year feudal monarchy, and was revered as the "Father of the Republic of China".
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Politics
01German finance minister dismissed, Liberal Democratic Party withdraws from coalition government

Lianhe Zaobao News,On November 6th,The parliamentary leader of the German Free Democratic Party announced that all ministers of the party have withdrawn from the coalition government.Previously,German Chancellor Scholz has relieved the chairman of the Liberal Democratic Party, Lindner, of his position as Minister of Finance. Scholz said at a press conference that Lindner's obstructive behavior on controversial issues such as the budget, placing party interests above national interests, has "no basis for further trust in cooperation"



It is reported that,The German coalition government is composed of the Social Democratic Party, the Green Party, and the Liberal Democratic Party, with Lindner as the chairman of the Liberal Democratic Party. herepeatedlyThe proposal was originally scheduled for next yearThe federal parliamentary elections scheduled for September 28th were advanced to early 2025, but were rejected by Scholz.

02France rejects appeal from descendants of Sulu Sultan

Kuala Lumpur News: Recently,The French Supreme Court rejected the appeal of descendants of Sultan Sulu and ruled that the Malaysian government is not required to pay $14.9 billion in compensation. This means that the seven-year international lawsuit has ended in a victory for the Malaysian government.


It is reported that,Ma Guo's PastFor over 10 years, I have been facing the dilemma of individuals and groups claiming to be descendants of Sultan Sulu, launching armed actions and demanding compensation for Sabah's sovereignty. Sabah used to belong to the Sultanate of Sulu. After the independence of Malaysia, it continued to pay annuities to the descendants of Sulu Sultan in accordance with a land agreement signed between Sulu Sultan and the British North Borneo Standard Chartered Company in 1878. In 2013, armed militants claiming to be the "Royal Army of Sulu Sultan" landed in Sabah, triggering armed conflict and causing 10 Malaysian military and police personnel tosixAfter the death of a civilian, Malaysia stopped paying pensions.


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military

01South Korean President: Cannot rule out providing weapons directly to Ukraine

According to Yonhap News Agency, on November 7th, South Korean President Yoon Suk yeol stated at a press conference held at the Seoul presidential palace that depending on North Korea's involvement in the Russia Ukraine conflict, South Korea will gradually adjust its support strategy for Ukraine in stages and may not rule out providing weapons directly to Ukraine.


Previously, the United States claimed to have10000 North Korean soldiers have entered Russian territory, with up to 8000 soldiers stationed in Kursk, which borders Ukraine. The South Korean government will monitor developments related to the actions of North Korean soldiers, and if it decides to provide weapons to Kiev, South Korea will prioritize defensive weapons. Yin Xiyue also revealed that she has had a phone call with the elected President of the United States, Trump, and the two sides will meet as soon as possible to reach a consensus.


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Economics

01Cambodia approves $226 million investment in October

According to the Cambodia China Times, recent data released by Cambodia shows that in October of this year, the Cambodian Development Council approved a total of 31 investment projects, with an agreed investment amount of 226 million US dollars. These projects include 30 new investments and 1 expansion project, expected to create approximately 16000 job opportunities. China remains the largest source of foreign investment in Cambodia, accounting for 53% of the total investment.


It is reported that these investment projects are mainly concentrated in the industrial sector, including shoe factories, home goods factories, clothing factories, etc. The most attractive investment projects in the province of residence, with a total of8; There are 5 projects each in Chaizhen and Sihanouk provinces. It is worth noting that 21 of these 31 projects are located outside the economic zone, while the other 10 projects are settled in the economic zone.


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security

01Indonesia's Mount Lovotobi erupts eight times

According to Reuters,On November 7th,The Levatobi volcano in eastern Indonesia has erupted eight times, with volcanic ash reaching up to 8000 meters. The previous major eruption of the volcano caused nine deaths, and the government is rushing to build houses for the victims.


It is reported that,This highThe 1584 meter volcanosame daymorningAt 6:11, there were five eruptions, with the last one spewing an 8000 meter high column of volcanic ash. The photo shows thick gray volcanic ash gushing out from the crater,IndonesiaOfficer Hardy from the Disaster Reduction Center·VijayaAccording to the authoritiesMaintain the highest alert status for this still very active volcanoCurrently, there are approximately5816 people were evacuated to other villages.

0213 years after the Fukushima nuclear accident in Japan, nuclear debris has been removed for the first time

According to Kyodo News, Tokyo Electric Power Company recently announced the completion of the trial extraction of nuclear residue inside the reactor of Unit 2 of the Fukushima Daiichi Nuclear Power Plant. This is the first time molten nuclear residue has been extracted from the reactor since the Fukushima nuclear accident in March 2011.


Tokyo Electric Power Company stated that the nuclear residue extracted this time has a diameter of about five millimeters and weighs less than three grams. The nuclear residue will be sent to the Japan Atomic Energy Research and Development Agency for analysis of its characteristics and composition, as a reference for developing a nuclear residue extraction plan. It is estimated that the total amount of nuclear residue left in the reactors of Units 1 to 3 of the Fukushima Daiichi Nuclear Power Plant is about880 tons, due to the long time required for equipment research and improvement, the extraction work has been delayed time and time again.


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Culture
01Philippine 'Rooster' hotel wins Guinness World Record

According to comprehensive news from the Philippines, recently,A hotel in the Philippines is designed with a rooster as its exterior designI got itThe world's largest "rooster" hotel has been recorded in the Guinness World Record for its unique appearance.


It is understood that,This hotel is located in the province of Western Negro in the central Philippines and is a local hotelofThe new hotel near the tourist attraction Kampye Stohan Plateau Resort is also the latest landmark building.The 'Rooster' Hotel is approximately 35 meters high, equivalent to 13 floorsThe shape is lifelike, when viewed from a distance,just likeA big rooster stands alone in the mountainous area.







Financial Newsletter
According to Caixin, the Federal Reserve recently announced a 25 basis point interest rate cut, lowering the target range for the federal funds rate to 4.5% to 4.75%.


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