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December 20th Qingqiao Morning Post | UK officially joins CPTPP
Release time:2024-12-20 Source: Qingqiao Number of views:

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Today in history:On this day 56 years ago, American writer John Steinbeck passed away. His representative works include "Between Man and Mouse," "The Grapes of Wrath," "The Moon Has Fallen," and others. His works generally depict various living conditions of humanity under poor material conditions, and have high realism significance. John Steinbeck also received the Nobel Prize in Literature in 1962.
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Politics
01South Korean parliament passes impeachment bill against Yoon Seok yeol

According to Yonhap News Agency, the South Korean National Assembly recently voted for the second time to impeach President Yoon Suk yeol and suspend his public office. All 300 legislators participated in the vote, with 204 in favor, 85 against, three abstentions, and eight invalid votes.Yin XiyueAfter being impeached, Prime Minister Han Dizhu will become the acting president. Speaker Yu Yuanzhi called on the government and parliament to work together to stabilize society and the economy.


Subsequently, Yin Xiyue stated in his speech to the people at the Presidential Palace that he would bear in mind all criticisms, encouragement, and support. He stated that heSince entering politics, he has been giving his all for the future of the country, and he will hold on until the very end, never giving up.


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military

01Russia may abandon its air base in Syria

Moscow Comprehensive News,On December 13th,The latest satellite images released by American satellite technology company Maxtech show that Russia is located inSyriaHmeimim Air Force Base south of LatakiaThere are two of themAn-124 Heavy Transport AircraftParking, thisThe nose cones of both cargo planes have been lifted, ready to load equipment or cargo. nearbyalsoOne aircraftThe Ka-52 attack helicopter is being dismantled and may be ready for transportation.


In addition,An internal document from the German Ministry of Defense shows that Russia's Mediterranean forces have withdrawn from the Tartus base located on the Mediterranean coast of Syria.The Hmeimim Air Force Base and Tartus Port Base were previously used as logistics hubs for Russia's access to Libya in North Africa, to reinforce Russia's military forces in Africa.There are reports that,The Russian side has reached an agreement with the new Syrian regime to allow Russia to withdraw from Syria in an orderly manner.

02US warship revisits Cambodia in eight years

According to Agence France Presse, recently,The Cambodian Ministry of Defense announced that the US warship Savannah will dock at Sihanouk Port. This is the first visit of a US warship to Cambodia in eight years, and the Cambodian Ministry of Defense stated in a statementinSay,This visitThe purpose of the question is toDeepen friendship and promote bilateral cooperation between Cambodia and the United States.


It is reported that,The United States expresses dissatisfaction with the Cambodian government's dissolution of domestic opposition partiesUS Cambodia relations remain tense. sinceSince 2007, a total of 27 US warships have visited Cambodia, but this five-day visit is the first in nearly eight years. During this period, the 103 crew members of the Savannah will meet with the commander of the Yunrong Base and participate in activities to promote cultural and cooperative exchanges.


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Economics

01UK officially joins CPTPP

On December 15th, the United Kingdom officially joined the Comprehensive Development Agreement for Trans Pacific Partnership, becoming the first European member state of the agreement. This is the largest trade agreement signed by the UK since Brexit, which will increase the UK's economic and diplomatic influence in the Asia Pacific region.


It is reported that,The predecessor of CPTPP was the Trans Pacific Partnership Agreement, initially initiated by Chile, Singapore, New Zealand, and Brunei. Unlike the European Union, CPTPP does not have a single market for goods or services, and therefore does not require coordinated regulation. According to analysis, CPTPP is expected to bring £ 2 billion in annual economic growth to the UK. Costa Rica is the next associate member of the CPTPP, and Indonesia is also initiating the process of joining the CPTPP.

02The Indonesian rupiah fell 0.5% against the US dollar

Bloomberg reported that recently, the Indonesian rupiah fell 0.5% against the US dollar to 16002. Experts point out that global market sentiment has driven this round of depreciation, while the US dollar has strengthened due to the strong performance of the US economy and the escalation of geopolitical tensions.


Faced with the Indonesian rupiah falling below the US dollar exchange rateAt the critical psychological threshold of 16000, the Indonesian central bank announced strong intervention measures aimed at curbing further depreciation of the Indonesian rupiah. Susianto, Executive Director of Monetary and Asset Securities Management at the Bank of Indonesia, revealed that the central bank has been operating in the spot market, domestic non deliverable forward market, and government bond market to boost market confidence.


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security

01Queensland, Australia legislates that the punishment for serious crimes committed by children is the same as that for adults

Sydney news: Recently, the new conservative government of Queensland, Australia, passed a law abolishing the principle of imprisonment as a last resort for punishing minors. Offenders over the age of 10 who commit 13 serious crimes, including dangerous driving, burglary, and murder, are charged with the same offense as adults.


Queensland Attorney General Frey Clinton acknowledged in a document submitted to parliament that the new measures are inconsistent with human rights laws, but she believes that the current situation of juvenile delinquency is unique and therefore decided to bypass relevant laws. The latest official data shows that as ofOn June 30, 2023, the number of child offenders aged 10 to 17 in Queensland increased by 6% year-on-year, reaching 10878.


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Culture
01The character 'Sheng' has been selected as the Chinese character of the year 2024 in Malaysia

Kuala Lumpur News: Recently,MalaysiaThe Chinese characters for 2024 have been announced, with the character "Sheng" narrowly defeating the character "Chang" in the election.It is reported that,The top ten selected Chinese characters this year are: Liu, Shu, Mian, Socks, Dong, Coin, Stable, Shui, Sheng, and Chang.The competition between the characters "sheng" and "chang" was fierce, and in the end, "sheng" only received 0.34% more votes than "chang", and was elected as the Chinese character of the year.


Chairman of the Annual Chinese Character Working Committee, Wu HengcanSaid,The character 'sheng', like the annual Chinese characters' sheng 'and' gui 'from the previous two years, reflects that the people are still most concerned about livelihood issuesVoters may be dissatisfied with the soaring prices, but they may also hope that the value of the ringgit can recover,There are both negative and positive evaluations.






Financial Newsletter
Global Financial News: Recently, the CIF price of Guinea aluminum ore has reached $100/ton, a year-on-year increase of 42%.


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