The sound becomes sharper Fed sees two rate hikes in 2023

Status: 16.06.2021 8:59 p.m.

As expected, the US Federal Reserve left its key interest rate unchanged. However, the loose monetary policy will not go on forever. The stock markets are falling, and the euro is also falling. Despite the waning corona pandemic and rising inflation rates, the US Federal Reserve continues to keep its key interest rate in a range between 0.00 and 0.25 percent. The monthly bond purchases of $ 120 billion are also expected to continue for the time being. At least until progress is made towards achieving the bank’s goals. In particular, this means “considerable progress in terms of price stability and employment”. This was stated by the monetary authorities after their two-day routine interest rate meeting in Washington. According to Fed Chairman Jerome Powell, the Fed is still a long way from achieving its goal: “But we are making good progress.” The bank continues to blame temporary factors for the recently stronger rise in inflation data. At the same time, she expects inflation to rise to 3.4 percent this year and drop to 2.2 percent in 2022. There is also increased economic activity and employment. Powell said the discussion about scaling back the extremely loose monetary policy had begun. The point is when it will reduce its regular bond purchases. However, Powell was not specific. Basically, the Fed chief said that if you will, you have talked about wanting to talk about the subject. With such cautious wording Powell should try to avoid panic-like reactions in the financial markets.

Two rate hikes envisaged in 2023

For the first time since the outbreak of the pandemic, however, the monetary authorities signaled that there could be two interest rate hikes of half a percentage point each in 2023. So far, the Fed’s interest rate projection provided for an unchanged monetary policy with a key interest rate close to zero. After all, seven monetary authorities are now even of the opinion that a tightening could come next year. Not only has the interest rate forecast been raised, expectations for economic growth and inflation are also higher in some cases. For this year, the Fed is expecting macroeconomic growth of 7.0 percent instead of the 6.5 percent previously expected.

Share prices are falling

Wall Street reacts with price losses, all leading stock indices give way in an initial reaction. The leading index Dow Jones lost around one percent, the other indices are slightly below. Prices are also falling on the bond market, with the yield on ten-year US government bonds increasing to 1.56 percent. The euro is losing significantly against the dollar and is currently trading at 1.2026 dollars, around one cent less than in today’s trading

Despite rising inflation Why the ECB is not raising interest rates

Status: 10.06.2021 8:28 a.m.

Inflation is increasing in many European countries. Nevertheless, the European Central Bank wants to stick to its loose monetary policy. How long can she keep this course? By Klaus-Rainer Jackisch, MR The circular saw is still running. But the little wood that is left is not enough at the front and back. The large warehouse in the North Hessian Baunatal is usually well filled. But wood has been in short supply for weeks. “There has never been anything like it,” says Zimmermann and company owner Peter Hellmuth. The specialist fears further bottlenecks in the summer. Although demand is booming, there could even be short-time working. Because in Corona times there is more handicraft, building and tinkering, but also because the USA and China are buying empty the world market, there is currently too little wood . In April prices were almost 30 percent higher than in the same month last year, and the trend is still increasing, according to the Federal Statistical Office. Also at other raw materials are skyrocketing : Iron, steel and aluminum scrap rose by more than 60 percent, pig iron costs almost a quarter more, and the prices of electronic circuits rose by around 14 percent.

Above all, energy is more expensive

But energy prices climbed the hardest. Imported electricity, which is becoming more and more important because the amount of energy generated from sun, wind and water fluctuates sharply, even rose by 200 percent. People also had to dig deeper into their wallets for electronics and food. Inflation is back. It is coming with great strides. It is currently 2.5 percent in Germany . For the autumn, the Bundesbank and many economists expect inflation rates in this country of over four percent. Such values ​​have not existed for almost three decades. The last time the prices climbed above the four percent mark in 1993. At that time, inflation was 4.5 percent, according to statisticians. The price surge is particularly noticeable in Germany: the return of VAT to the old values ​​and the massive CO2 pricing since the beginning of the year are making themselves felt. The upturn in the economy does the rest: Through successes in vaccinations and easing, the demand for goods and services of all kinds is increasing, while at the same time supply is scarce – all of this is causing prices to go up.

Hardly any compensation through higher wages

Also in Europe: There the inflation rate rose to 2.0 percent in May. In addition to Germany, people in Austria (3.0 percent), Estonia (3.1 percent) and Luxembourg (4.0 percent) in particular have to pay more. All of that hurts, because because of Corona there are rather poor results in the wage rounds and therefore hardly any compensation. This makes price increases even more noticeable. But none of this makes much impression on the European Central Bank (ECB). It is expected that the company’s own forecasts, which will be updated this week, are well above the old estimates. It is also becoming apparent that inflation will by no means abate in the second half of the year as originally expected, but rather, on the contrary, reach new highs. But the monetary authorities in Frankfurt’s Eurotower see no reason to act. For weeks now, the members of the ECB’s Executive Board have repeatedly emphasized that the economy is recovering well, but currently still needs the support of an ultra-loose monetary policy. A repayment of the controversial bond purchases or even a turnaround in interest rates is not even hinted at.

Worried look at the financial markets

Instead, the ECB continues to pump billions from its Corona aid program PEPP into the markets at great speed – currently it is around 80 billion euros per month. This is intended to offer sufficient capital on favorable terms and to keep interest rates low. “The ECB has committed itself to ensuring favorable financing conditions during this phase,” said ECB President Christine Lagarde in Paris last week. This promise will also be kept. In fact, the ECB is not that unhappy about the price surge. The self-imposed inflation target of almost two percent has not been achieved for about ten years because one crisis chases the next. If this is different this year, it could be sold as a great success in your own monetary policy – even if the pendulum swings beyond your own target. In addition, one looks at the financial markets with concern: there share prices, also and precisely because of the ultra-loose monetary policy, have reached a level that has long been decoupled from the real economy in many areas. The central bankers fear that a change in monetary policy could lead to violent reactions and shake the fragile house of cards.

Debt rose sharply

And then there are also the debts: In southern Europe in particular, they have risen again to astronomical heights due to the collapse of tourism in the wake of the coronavirus crisis: Greece, for example, currently has a gross domestic product debt of around 205 percent. This is the highest level in the euro zone and more than during the Greek crisis. Italy, too, is groaning under excessive debts and ailing banks. An increase in the interest rate would not be right. Italy’s central bank chief Ignazio Visco is therefore particularly busy when it comes to sticking to the current monetary policy: “Large and sustained increases in interest rates are not justified by the current economic outlook and will be countered,” he said at the annual meeting of the Banca d´Italia in Rome. In fact, a new debt crisis in the euro zone, triggered by rising interest rates, would be the last thing the monetary union could use now. The central bank governors from Germany and the Netherlands, for example, cannot do much against all of these arguments. They have been calling for an exit from the ultra-loose monetary policy for a long time, but they are in the minority.

Criticism of the policy of the US Federal Reserve

So there are many reasons why the majority of monetary watchdogs prefer to keep their feet still and save themselves over the summer. A change in monetary policy at the council meeting this week is not expected, not even with a hint that it might be imminent. Only the pace of bond purchases could perhaps be slowed down a bit. But that too is unsafe. How long the ECB can continue on its course, however, also depends on the world around it. In the USA, for example, where the inflation rate is now 4.5 percent and the economy because of the two trillion corona aid program of the Biden government is slowly starting to overheat , criticism of the Federal Reserve’s loose monetary policy is growing louder. Economists such as the former IMF chief economist Olivier Blanchard or the leading economic advisor of Allianz, Mohamed Aly El-Erian, fear that the corona crisis could have changed the structure of the economy. It is therefore not at all clear that inflation will recede again quickly. If the central banks act too late and then abruptly, this could lead to upheavals in the financial markets and a recession. The next few months are therefore likely to be uncomfortable for the European monetary authorities. And also for the people in the euro zone. Because one thing is clear: it will be even more expensive.

VinFast is building electric car charging stations The Ministry of Finance has just sent a document to the Ministry of Industry and Trade, the Ministry of Justice, the Ministry of Natural Resources and Environment and the Ministry of Transport, to respond to tax incentives for battery electric cars. Proposals for tax incentives only mention battery electric vehicles (BEVs). Currently, according to statistics, battery electric vehicles account for about 1% of electrified vehicles in Vietnam. Electric vehicles include many types of vehicles. In addition to gasoline-powered vehicles combined with electric energy (including HEV, PHEV) and Hydrogen-fueled cars (FCEV), there are currently BEV (pure electric) battery electric cars. Completely electrically charged from an external source. The two types of hybrid vehicles move mainly with internal combustion engines, in parallel taking advantage of the benefits of an electric powertrain consisting of an electric motor with a battery. FCEVs have an advantage over BEVs when the charging time is short, but the production of water makes hydrogen fuel-powered electric vehicles only suitable for island nations, arid areas, and unsuitable for urban areas. big. Meanwhile, BEV battery electric vehicles have a minimalist structure, run short distances, can consume electricity everywhere, have great advantages in urban areas. With three types of vehicles HEV, PHEV and FCEV all use gasoline and gas, so they have more impact on the environment than BEV models. Electric cars are becoming an advantageous choice to replace vehicles using internal combustion engines, especially battery electric cars (BEVs). Many countries around the world have had preferential policies and tax support to prioritize the development and production of battery electric vehicles. According to the Ministry of Finance, Vietnam has a number of preferential policies for electric vehicles. Accordingly, electric cars carrying passengers with less than 9 seats are entitled to the special consumption tax rate of 15% (ie 10% reduction compared to cars of the same type using fossil fuels; 10-16 seats are allowed to be used for cars of the same type using fossil fuels. tax rate of 10% (5% reduction compared to cars of the same type running on gasoline) and the tax rate of 16 to less than 24 seats is applied at the tax rate of 5% (5% reduction compared to cars of the same type running on petrol). At the same time, the Law on Special Consumption Tax No. 27/2008/QH12 also stipulates the special consumption tax rate for environmentally friendly vehicles. Specifically, vehicles running on gasoline combined with electric energy and bioenergy, in which the proportion of gasoline used does not exceed 70% of the energy used by the vehicle, is entitled to a tax rate of 70% for vehicles of the same capacity. species. For cars running on bio-energy, the special consumption tax rate is only 50% compared to cars of the same type. Meanwhile, about the current registration fee, there are only preferential rates for buses using clean energy while there is no policy applicable to other environmentally friendly vehicles. To encourage production and stimulate consumers to use BEVs, contributing to reducing the emissions released into the environment by vehicles, contributing to the protection of the ecological environment and based on the outstanding advantages of vehicles. BEV, the Ministry of Finance is planning to propose new incentives for this model. An electric vehicle charging station in Ho Chi Minh City Specifically, incentives related to excise tax fall under the jurisdiction of the National Assembly. Therefore, the National Assembly must amend the excise tax law. The Government has also assigned the Ministry of Finance to preside over the overall assessment of the implementation of the excise tax policy on automobiles in the past time to study and amend the excise tax law accordingly. Regarding the registration fee under the authority of the Government, when there is a need to change, it will amend and supplement Decree No. 14/20216/ND-CP on registration fee. The Ministry of Finance said that in the past time, it has also received recommendations from a number of associations on adjusting registration fee rates to remove difficulties for businesses. Therefore, the Ministry of Finance is also evaluating the overall policy on registration fees and is expected to submit it to the Government in October. The Ministry of Finance also asked agencies to propose specific content on special consumption tax incentives and registration fees related to battery electric vehicles to summarize and report to the Government. Battery-powered electric vehicles currently account for a very small percentage in Vietnam. According to data from the Vietnam Automobile Manufacturers Association (VAMA), the number of electrified vehicles registered in Vietnam is still very modest, accumulating just over 1,000 units by the end of 2020. of which BEVs only account for about 1%, the rest are HEV and PHEV models. According to the Ministry of Finance, currently only VinFast invests in producing electric vehicles, according to reports, VinFast has now launched the first battery-powered electric car model. The factory has a capacity of 250,000 vehicles per year and the brand is focusing on battery electric vehicles with 9 seats or less and electric buses with 24 seats or more. Also according to the Ministry of Finance’s assessment, the biggest obstacle facing Vietnam today is the lack of charging station infrastructure, the main source of power for power supply is using fuel sources with high CO2 emissions, accounting for nearly half of the total mobilized electricity output, while the electricity generated from renewable energy accounts for a small proportion, about 4.3% and this is considered an unstable power source.

At a meeting with leaders of the Government, ministries and sectors in mid-May, Vingroup applied for a pilot exemption of excise tax and registration fee for electric cars for 5 years in order to promote the electric vehicle market. . In fact, this is the first proposal in Vietnam but not new in the world. Many countries have also applied a combination of supportive policies, strong incentives for consumers and manufacturers to encourage the model transition from gasoline to electricity, typically China, the US and other countries. Europe. According to the Wall Street Journal, Mr. Hallgeir Langeland, 65, a former Norwegian politician and environmental activist, has not owned a car in 25 years. But when Ford launched an all-electric version of the Mustang last year, he didn’t hesitate. “I have to have it. I can’t wait until March,” Mr. Langeland said, recalling the Mustang he drove as a young man. Christian Burg, owner of an energy-efficient housing construction business in Germany, has been driving a petrol BMW X3 SUV for many years. When the German government increased subsidies for electric cars, he applied for a small business subsidy and switched to the iX3 rechargeable hybrid. “We received an incentive of 3,750 euros ($4,500),” he revealed. Governments are tightening emissions standards and supporting industries on the front lines of the fight against climate change. Photo: Reuters. From electric vehicle powerhouses China and Europe… Governments around the globe have introduced a variety of policies to boost the electric vehicle industry over the years, including reducing taxes, fees, subsidies, incentives, and administrative regulations. The common point is that governments have set a specific roadmap to transition from fossil fuel vehicles to electric cars. According to the CNBC Many Chinese drivers switch to electric cars because of the government’s preferential policies. For example, in 2016, Chinese buyers received a nationwide discount of 55,000 yuan ($8,599.01) for each BEV and 30,000 yuan ($4,690) for PHEVs. Municipal governments also provide additional support up to 55,000 yuan. Beijing also subsidizes electric vehicle manufacturers based on battery power density, driving range and energy consumption. For example, in 2020, a pure electric vehicle with a minimum range of 300 km will receive a subsidy of 16,200-22,500 yuan (2,532-3,517 USD). Along with that, it supports the construction of a battery charging network for electric vehicles. For taxes and fees, China offers 50-100% reduction in user registration fees from time to time, annual tax relief, free or low-cost charging. In addition, manufacturers will receive credit points if they produce many electric vehicles. China is the leading electric vehicle market in the world. Photo: Reuters. Buyers of electric vehicles in China also receive preferential registration fees, no need to wait for car registration for 6-12 months, free highways, and parking. In Shenzhen alone, taxis switching to electric vehicles will be able to receive subsidies. A 27-year-old customer, who lives in Hangzhou, has been waiting almost a year for a license plate for his petrol car. However, after seeing Xpeng’s G3 electric car, she decided not to wait any longer. “After applying the government subsidy, the car fits my budget of about 180,000 yuan (US$27,643),” she said. The European Union (EU) is also gradually tightening emissions standards and supporting industries on the front lines in the fight against climate change. Much of the support goes to initiatives that push consumers to buy electric vehicles, which in turn drives demand. After applying the government subsidy, the car fits my budget of about 180,000 yuan (US$27,643) A 27-year-old customer in Hangzhou In 2020, sales of new electric vehicles in European countries doubled, accounting for 43% of global sales. Rising momentum has brought the EU over China to become the world’s largest electric vehicle market. For example, Germany subsidizes up to 4,000 euros ($4,874) per BEV and 3,000 euros ($3,656) for PHEVs. The country also built a €1 billion fund for rebates and building charging stations. Meanwhile, France subsidizes 6,000 euros ($7,312) for cars that emit less than 20g of CO2, 5,000 euros ($6,093) per BEV, and nearly 10,000 euros ($12,187.01) for customers who switch from diesel vehicles to BEVs. Similar to France and Germany, Spain, Italy, Sweden, Denmark and Finland also apply different subsidies to electric vehicle customers. Denmark alone reduces sales tax up to 80%. Some major Spanish cities reduce taxes by 75%, while Finland has a minimum tax rate. …to North America Transportation is currently America’s largest source of greenhouse gas emissions. Therefore, US President Joe Biden’s plan to change gasoline cars to electric cars is essential to solving the problems of climate change. Biden’s proposals include incentives of up to $174 billion for electric cars. His plan is to increase discounts for customers who buy electric cars. In addition, the US president plans to push to increase the number of public chargers from 72,000 in 2019 to 500,000 in 2030. He also called for replacing the US government’s fleet of about 650,000 vehicles with models. electricity. Experts of Bloomberg It is estimated that 500,000 chargers may require about 6 billion USD of investment. Part of the $174 billion subsidy will also go directly to consumers to stimulate demand. Along with that are orders for electric vehicles directly from the federal government. To realize his climate ambitions, Mr. Biden needs to benefit as many electric vehicle manufacturers as possible. Bloomberg The above expenses all bring about the same effect. That’s increasing demand to accelerate the electrification of the US auto industry. Previously, the federal government and some states offered tax credits (up to $7,500) and incentives for buying electric vehicles, but the main federal incentive will begin to cut after manufacturers sold 200,000 electric cars. “To realize his climate ambitions, Mr. Biden needs to benefit as many electric vehicle manufacturers as possible.” Bloomberg comment. Meanwhile, the Canadian government requires that all vehicles sold starting in 2040 will produce zero emissions. The province of Québec will ban the sale of new gasoline-powered passenger cars from 2035. British Columbia will completely ban the sale or rental of gasoline-powered cars and trucks by 2040. Norway also introduced subsidy programs to boost sales of electric vehicles, including direct support of 4,000 euros ($4,874) to users, a 50% subsidy on vehicle prices and the cost of station construction and installation. charger for the manufacturer. A plan to change petrol cars to electric cars is necessary to address climate problems. Photo: Reuters. Along with that is a discount on fast charging service, free parking, fees for ships, boats, harbors, and the use of bus lanes; some road and ferry fees are waived. Taxes exempted for electric vehicles in Norway include fuel, road, and vehicle taxes. Meanwhile, Japan also exempts taxes related to vehicle ownership, purchase and tonnage. In 2020, electric car buyers will receive a subsidy of up to $7,700 depending on the vehicle’s battery capacity. According to Dr. Bui Quang Tuan, Director of the Vietnam Institute of Economics, government support is essential if Vietnam wants to develop the electric car industry to catch up with the world’s trends and achieve its goals. on green growth. “The support policy demonstrates the tectonic role of the State, its commitment to accompany businesses so that they can grow up, reach out to the world, and raise the level of Vietnamese people. Behind this policy is a very important political meaning, not just economic support,” said Dr. Bui Quang Tuan, Director of the Vietnam Institute of Economics.

WhatsApp will block users who do not accept the new terms after May 15. Photo: WhatsApp After May 15, people who bypass WhatsApp’s new privacy rules will result in that account being restricted from accessing the app and eventually not being able to view the list of chats and calls. voice or video. After a few weeks, that user will be blocked from all resources including sending messages, but the account has not been removed from the system. Within 120 days of receiving the notification and the user stops logging in, that account will be deleted, all data will still be available if the user syncs with Messenger. WhatsApp updated its new policy earlier this year, all users were informed that the service would share data with other Facebook companies. Many users just want their data shared as little as possible, as some reports suggest that WhatsApp is collecting and sharing data related to location, IP address, phone model, operating system, etc. Your operating system, browser, mobile network, ISP, or even information about how you’re texting, calling, groups you’re in, status, profile picture, or the last time the user was online. To use the application, users must accept the new WhatsApp terms. However, the 27 European countries will not be affected by this new policy thanks to a privacy law known as GDPA and users will not have their personal data shared with another 3rd party.

Police of Thanh Xuan district (Hanoi) carry out procedures to issue citizen identification cards with chips for people. Photo: DANG ANH Over the past time, functional agencies in provinces and cities across the country have been actively implementing the issuance and exchange of citizen identification cards (CCCDs) with electronic chips, in order to achieve the goal by January 1. From 7-2021, 50 million cards will be issued. CCCD cards with electronic chips are considered an inevitable trend, in order to keep up with the current 4.0 technology trend along with the State’s efforts in reducing administrative procedures, contributing to the drastic reform of management. , creating favorable conditions, helping people to carry out administrative procedures and civil transactions… However, instead of supporting a right policy, some subjects sought to oppose and take advantage of them. social networks to attack, distort, and give false information to confuse public opinion about the issuance and change of CCCD… On September 3, 2020, the Prime Minister signed Decision No. 1368/QD-TTg approving the investment policy of production projects, granting and managing citizen identity, which defines the objectives of the project. The project is: Building a unified CCCD database nationwide, collecting and managing CCCD registration data automatically on information technology infrastructure to help store, retrieve, share, find information quickly and conveniently; improve the efficiency of state management of CCCD, create favorable conditions for citizens while carrying out administrative procedures and civil transactions; towards building e-Government, creating a breakthrough in socio-economic development of the whole country; contribute effectively to the fight against crime… If compared with the current ID card and CCCD, we will see that the chip-mounted CCCD has outstanding advantages. Specifically, each card is integrated with 20 residential data fields related to each individual with many accompanying applications such as: digital signature application, biometric application, one-time password application, lowering public key layer,… thereby allowing users to connect to public and private services quickly and conveniently. Not only that, the chip-mounted CCCD is manufactured using modern technology, is flexible in changing and adding personal information, has high security, helps to identify and identify accurately, so it minimizes the risk. theft or forgery to use for dark purposes. Now with the new CCCD when making transactions, individuals will not need to carry many documents (for example household registration, birth certificate, marriage registration, …) because this information is already available. stored and integrated in the card. Thanks to that, everyone has the conditions to make transactions quickly and conveniently, reducing travel time and costs for backing up and notarizing documents… Therefore, it can be affirmed that the CCCD card with a chip is a step forward in applying science and technology to state management activities, helping administrative reform effectively. This is also an important basis contributing to the realization of the goal of building an e-Government that the Party and State are setting, and the people are the beneficiaries. Not to mention, in the context of the strong development of the 4th industrial revolution, when the trend of digital transformation takes place in all fields, it becomes even more necessary to make CCCD cards with electronic chips. , contributing to the country’s quick access to the development trend in the world. In fact, the use of a chip-mounted CCCD card is the optimal choice in many countries. Statistics from the authorities show that there are about 70 countries using this card, even some countries have used CCCD chips since the 90s of the last century. Along with the development of science and technology, chip cards are increasingly effective in social life. In Estonia (Etonia), since 2002, the country has been using a chip-based CCCD card for people called ID Kaart to replace traditional identification documents. Since then, the Kaart ID has been used by people in this country to identify identities, health checks, vote elections, business registration, … as well as perform other electronic transactions. Not to mention, ID Kaart can also replace passports when people travel within the country, as well as to EU countries (European Union – European Union). Continuing to upgrade to increase security and maximize use efficiency, in September 2018, Estonian authorities put into application the Smart-ID digital identification system (providing and verifying digital identity). digital identity) using a chip that uses 384-bit ECC public key encryption and a QR Code (quick response code) for the Kaart ID. This country has set a target that by 2025 the number of e-citizens will reach 10 million, 8 times higher than the current population. Similar to Estonia, Argentina’s (Argentine) chip CCCD card named DNI integrates a lot of personal information, including credit account information. Or the CCCD card of Malaysia (Malaysia) is MyKad which integrates personal information such as passport, driver’s license, health information, … and also has the functions of electronic wallet, access ATM card access, mobile applications and PKI (for electronic transactions). Every Malaysian citizen is issued a MyKad card, but it is divided into three groups, including: MyPR (Malaysian permanent resident), MyKas (short-term resident of Malaysia) and MyKid (Malaysian citizen under 12 years old) year old). In many other countries, the CCCD chip card also integrates information related to the driver’s license (such as in Germany, Turkey, Argentina…), thereby helping to significantly reduce traffic violations; or people can use the CCCD chip in public, administrative and social services (such as in Japan, Korea,…). Grasping that inevitable trend, based on the existing conditions in terms of human resources, material resources and science – technology, in 2021, the issuance of CCCD card with official chip will be implemented synchronously by Vietnam on a large scale. country. In order to effectively implement this policy, propaganda has been promoted in the mass media. The functional agencies actively went to the villages and hamlets to mobilize people to make cards. In some agencies, units, schools, the issuance and replacement of CCCD cards is done on the spot. In localities, registered people have been given timed tickets, helping to reduce travel and waiting time. Even in some areas, the police in charge of the area also texted, went to each house to urge the card making. In many places, card making is done 24 hours a day to create the best conditions for people, especially those who are busy working during office hours, working in shifts, so time is tight… However, with the available dark purpose, the desire to restrain the development of Vietnam, the hostile forces and a number of organizations and individuals with a lack of goodwill immediately considered the implementation of the chip-based CCCD card. an opportunity to conduct countermeasures. With a hostile and extreme attitude, some subjects immediately posted misleading information and images. They blatantly claim that the installation of chips on CCCD cards is for the State to strengthen control over people, people lose their freedoms and have their privacy violated. Even blatantly slandered with the issuance of CCCD cards this time, people turned into “herd animals”, or compared “in some advanced countries, electronic chips are often attached to prisoners to serve prison sentences. stay at home”, thereby loudly saying that this is a sign of loss of “democracy and human rights”, calling on people not to cooperate with authorities, not to make CCCD cards with chips. Notably, some people because of lack of information and ignorance have rushed to believe and follow, continue to spread misinformation, malicious rumors, thereby arousing suspicion, confusion, Doubt in public opinion… It must be said that, whether intentionally distorting or unconsciously, such acts have hindered the implementation of a correct policy of the State. In order to promptly correct the above negative manifestations, in the past time, some individuals who have reported falsely about making CCCD cards with chips have been handled in accordance with the law. As at the end of last April, the police of Dak Lak province summoned Bui Thi Thanh T. (Hoa Thang commune, Buon Ma Thuot city) for posting incorrect comments about the job of CCCD. At the police station, T. admitted his work was against the law, so he deleted the comment and pledged not to repeat the offense. This is an example that people have to be very vigilant, if they don’t want to abet law violations, they need to be alert to inaccurate information, especially information of a deductive and fabricated nature. unfounded. Every citizen should always be aware and believe that the Vietnamese Party and State always strives for the legitimate rights and interests of the people. Article 3 of the Constitution (added and amended in 2013) affirms: “The State ensures and promotes the people’s right to mastery; recognize, respect, protect and guarantee human and citizen rights; realize the goal of rich people, strong country, democracy, justice and civilization, where everyone has a prosperous, free and happy life and has conditions for comprehensive development. This principle has always been consistently expressed in all lines and guidelines of the Party, and policies and laws of the State. Attaching electronic chips to CCCD cards, too, is a policy in line with the development trend of the country, the provisions of the law, and ensuring the information security of all people. The electronic chip on the CCCD card is not for locating, not infringing on the freedom of movement and privacy of each individual. When the card is lost, due to the identification control mechanism, personal information is not disclosed, only the cardholder can activate and use it. With a clear awareness of this issue, each individual will have the right behavior, believe and seriously implement the policy of the State. It is also a practical way to protect individual and community interests and contribute to the country’s socio-economic development.

The picture of electrochemical cars in the world Currently, the strong socio-economic development is leading to a skyrocketing number of vehicles, especially cars using combustion engines, which are contributing to a series of problems related to cars. environmental contamination as well as energy needs. However, the electrochemical trend is being applied more and more on vehicles, creating hybrids and electric cars, this is considered the “savior” of humanity in the future. The proof for that is that the sales of these vehicles are on the rise. According to the EV Volumes , the total volume of electric cars (EV) sold globally in 2020 will reach about 3.24 million units, reaching a market share of 4.2% and growing at 43.4% compared to 2019. Of which, 1.15 million units were produced in Europe, 0.5 million units were produced in North America and 1.6 million units were made in the Asia-Pacific region (China, Korea, Japan). The Workshop on Electrified Automotive Trends in Vietnam was recently organized by Tien Phong Newspaper. Currently, China is still the country with the top sales of electric cars in the world with 1.337 million units in 2020, an increase of 12% compared to 2019; Germany ranked second with 398 thousand units, up 254%; The US ranked third with sales of 328,000 units, up 4%. According to the share of Associate Professor – Dr. Dam Hoang Phuc (Deputy Head of Automotive Department – Hanoi University of Technology), cars with electric batteries have appeared since 1839. Over time In short development, electric cars almost disappeared due to the inability to compete with combustion engine cars in the 20th century. However, the mission of this vehicle went back into the 21st century with green cars, most economical and intelligent to protect the environment, limit dependence on fossil fuels. In addition, electric cars not only appear in people’s lives, but also present in all areas such as: Confidential military vehicles, F1 Hybrid racing cars, F1 racing for pure electric cars. Associate Professor – Dr. Dam Hoang Phuc (Deputy Head of Automotive Department – Hanoi University of Technology) gave a speech during the seminar on Electrochemical Automotive Trends in Vietnam. Meanwhile, some forecasts suggest that electric cars will account for 95% of all cars sold in Europe by 2030. Many countries in the “old continent” have set a goal to stop doing business. cars using internal combustion engines by 2050, Norway even announced it would end the sale of these cars by 2025. Developing electric cars in Vietnam needs many supportive policies According to the global trend, the Vietnamese market is also beginning to “set foot” in the electric vehicle sector with the bold direction of VinFast and some cautious moves from Toyota in the past year or so. There are no specific statistics on sales of electric vehicles (both motorcycles and cars) in Vietnam, but disclosures from industry agencies show that the number is not too much. Mr. Nguyen Van Phuong (Deputy Department of Motor Vehicle Quality – Vietnam Registry Department) shared: “In 2020, only 900 electric cars will be imported and used in Vietnam, this number is in the first three months. by 2021 there will be 600 units, however, the majority of them will still be hybrids ”. Mr. Nguyen Van Phuong (Deputy Head of Motor Vehicle Quality Division – Vietnam Registry Department). In fact, there are many opinions that “electrification is an irreversible trend, only a matter of time left”, but there are still many current problems that need to be solved to help this car thrive. more next time. On the concerned side, Mr. Phuong said: “In the new proposal to the parliament, the Ministry of Transport also mentioned tight control of environmental emissions from vehicles and will probably be seen. considered in the next National Assembly session. Regarding the control of the operation scope of all types of vehicles, it can be done, but there is no specific policy ”. Meanwhile, Ms. Nguyen Thi Xuan Thuy (Department of Industry – Ministry of Industry and Trade) replied about the electric vehicle development policy in Vietnam: “Currently, the latest automobile development strategy and planning has been approved by the government. approved in 2014. At that time there was not much appearance of electric vehicles, so there was no specific strategic plan. Electric vehicles have thrived in recent years, posing a problem that needs direction ”. Ms. Nguyen Thi Xuan Thuy (Industry Department – Ministry of Industry and Trade). It can be seen that the current policies for electric cars are not clear enough to strongly promote this industry. While many opinions suggest that the government needs to reduce tax fees for consumers to make the price of electric vehicle ownership more comfortable, manufacturers also need specific support. This is not only a policy story but also a challenge but also an opportunity for the nation. Associate Professor – Dr. Dam Hoang Phuc said: “The government needs to facilitate the development of electric vehicles by: Creating markets, expanding manufacturers, promoting manufacturers and researchers. “. At the same time, he also added: “Our country needs to apply the policy of ‘Inviting eagles to Vietnam to spawn’, which means inviting car manufacturers to produce electric cars in Vietnam”. Sharing on this issue, Mr. Nguyen Trung Hieu (Head of Strategic Planning Division of Toyota Vietnam) said: “Thailand launched its support policy in March, while Indonesia will announce its policy. strong in October, attracting many car manufacturers to invest. In fact, they have ‘finished the nest for the eagle’. Vietnam needs to do something so as not to miss this opportunity as well as this challenge. This is a story of national competition ”. Mr. Nguyen Trung Hieu (Head of Strategic Planning Department of Toyota Vietnam). Capturing the trend of electric car development will help Vietnam catch up with major markets around the world. However, the issue of supportive policies from the government needs to be resolved early to stimulate consumer demand and find a common voice with car manufacturers, helping them to no longer worry about the production of electric cars in Vietnam. Vietnam.

The picture of electrochemical cars in the world Currently, the strong socio-economic development is leading to a skyrocketing number of vehicles, especially cars using combustion engines, which are contributing to a series of problems related to cars. environmental contamination as well as energy needs. However, the electrochemical trend is being applied more and more on vehicles, creating hybrids and electric cars, this is considered the “savior” of humanity in the future. The proof for that is that the sales of these vehicles are on the rise. According to the EV Volumes , the total volume of electric cars (EV) sold globally in 2020 will reach about 3.24 million units, reaching a market share of 4.2% and growing at 43.4% compared to 2019. Of which, 1.15 million units were produced in Europe, 0.5 million units were produced in North America and 1.6 million units were made in the Asia-Pacific region (China, Korea, Japan). The Workshop on Electrified Automotive Trends in Vietnam was recently organized by Tien Phong Newspaper. Currently, China is still the country with the top sales of electric cars in the world with 1.337 million units in 2020, an increase of 12% compared to 2019; Germany ranked second with 398 thousand units, up 254%; The US ranked third with sales of 328,000 units, up 4%. According to the share of Associate Professor – Dr. Dam Hoang Phuc (Deputy Head of Automotive Department – Hanoi University of Technology), cars with electric batteries have appeared since 1839. Over time In short development, electric cars almost disappeared due to the inability to compete with combustion engine cars in the 20th century. However, the mission of this vehicle went back into the 21st century with green cars, most economical and intelligent to protect the environment, limit dependence on fossil fuels. In addition, electric cars not only appear in people’s lives, but also present in all areas such as: Confidential military vehicles, F1 Hybrid racing cars, F1 racing for pure electric cars. Associate Professor – Dr. Dam Hoang Phuc (Deputy Head of Automotive Department – Hanoi University of Technology) gave a speech during the seminar on Electrochemical Automotive Trends in Vietnam. Meanwhile, some forecasts suggest that electric cars will account for 95% of all cars sold in Europe by 2030. Many countries in the “old continent” have set a goal to stop doing business. cars using internal combustion engines by 2050, Norway even announced it would end the sale of these cars by 2025. Developing electric cars in Vietnam needs many supportive policies According to the global trend, the Vietnamese market is also beginning to “set foot” in the electric vehicle sector with the bold direction of VinFast and some cautious moves from Toyota in the past year or so. There are no specific statistics on sales of electric vehicles (both motorcycles and cars) in Vietnam, but disclosures from industry agencies show that the number is not too much. Mr. Nguyen Van Phuong (Deputy Department of Motor Vehicle Quality – Vietnam Registry Department) shared: “In 2020, only 900 electric cars will be imported and used in Vietnam, this number is in the first three months. by 2021 there will be 600 units, however, the majority of them will still be hybrids ”. Mr. Nguyen Van Phuong (Deputy Head of Motor Vehicle Quality Division – Vietnam Registry Department). In fact, there are many opinions that “electrification is an irreversible trend, only a matter of time left”, but there are still many current problems that need to be solved to help this car thrive. more next time. On the concerned side, Mr. Phuong said: “In the new proposal to the parliament, the Ministry of Transport also mentioned tight control of environmental emissions from vehicles and will probably be seen. considered in the next National Assembly session. Regarding the control of the operation scope of all types of vehicles, it can be done, but there is no specific policy ”. Meanwhile, Ms. Nguyen Thi Xuan Thuy (Department of Industry – Ministry of Industry and Trade) replied about the electric vehicle development policy in Vietnam: “Currently, the latest automobile development strategy and planning has been approved by the government. approved in 2014. At that time there was not much appearance of electric vehicles, so there was no specific strategic plan. Electric vehicles have thrived in recent years, posing a problem that needs direction ”. Ms. Nguyen Thi Xuan Thuy (Industry Department – Ministry of Industry and Trade). It can be seen that the current policies for electric cars are not clear enough to strongly promote this industry. While many opinions suggest that the government needs to reduce tax fees for consumers to make the price of electric vehicle ownership more comfortable, manufacturers also need specific support. This is not only a policy story but also a challenge but also an opportunity for the nation. Associate Professor – Dr. Dam Hoang Phuc said: “The government needs to facilitate the development of electric vehicles by: Creating markets, expanding manufacturers, promoting manufacturers and researchers. “. At the same time, he also added: “Our country needs to apply the policy of ‘Inviting eagles to Vietnam to spawn’, which means inviting car manufacturers to produce electric cars in Vietnam”. Sharing on this issue, Mr. Nguyen Trung Hieu (Head of Strategic Planning Division of Toyota Vietnam) said: “Thailand launched its support policy in March, while Indonesia will announce its policy. strong in October, attracting many car manufacturers to invest. In fact, they have ‘finished the nest for the eagle’. Vietnam needs to do something so as not to miss this opportunity as well as this challenge. This is a story of national competition ”. Mr. Nguyen Trung Hieu (Head of Strategic Planning Department of Toyota Vietnam). Capturing the trend of electric car development will help Vietnam catch up with major markets around the world. However, the issue of supportive policies from the government needs to be resolved early to stimulate consumer demand and find a common voice with car manufacturers, helping them to no longer worry about the production of electric cars in Vietnam. Vietnam.

Instead of riding his 1967 Corvette Sting Ray, US President Joe Biden took the time to take an online tour of the electric bus factory and the electric vehicle battery factory on April 20. . This is considered an important activity in his plan to boost production of electric vehicles in the future. Mr. Biden visited the electric bus factory online. (Photo: Hot Cars) From working in the White House, Mr. Biden had a live view of the production of electric buses at the Proterra factory in Greenville, South Carolina. President Biden is particularly interested in how the buses are assembled and tested and is impressed with the progress here. “Right now, we (the United States) are behind China and there is much more work to be done. But we will become the most important supplier of electric buses and electric cars in the world with different things,” General said the US governor Joe Biden. Mr. Biden’s factory visit is done online, but experts consider it a very serious move and is part of the Government’s plan to promote the production of public transport powered by green energy. America. According to Hot Cars page, the US President’s declaration of “join the game” means that America must surpass China, which currently dominates the electric bus market. According to Biden’s roadmap, all US-made buses will be “completely green” by 2030. Proterra also estimates that half of the buses will be electrified by 2025. Students in the US mainly use the bus to get to school. (Photo: Hot Cars) Spend $ 20 billion to exchange electric buses for schools The aforementioned American bus electrification roadmap is not without foundation. Earlier, in early April, Mr. Biden announced the Huge Infrastructure Bill with a financial plan worth more than $ 2 trillion. This budget proposal includes items with many different packages. Worth noting is the $ 174 billion electric vehicle development package. In which the Government allocated 20 billion dollars to convert at least 20% of school buses in the United States to electric power. The rest of the buses will have to be changed by the schools through tightened policies. At least $ 20 billion will be spent by the US on converting to electric buses by 2030. (Image: Hot Cars) Additionally, an additional $ 25 billion will be spent converting public transport from internal combustion engines to electric. At the same time the US will spend up to 100 billion dollars on the policy to reduce prices to pull customers to buy more electric cars. With strong determination from the electrification of public transport, Mr. Biden has demonstrated a commitment to cutting greenhouse gas emissions. This also brings health benefits for people, especially students who regularly use buses to go to school. And most of all, Mr. Biden wants to reaffirm America’s position in the production of electric cars, including electric buses. Outstanding and behind China is difficult to accept. Royal Union (Source: Hot Cars, Automotive News, Now This News) Invite readers to collaborate, send news articles about Motorbike Department by email: otoxemay@vietnamnet.vn. Appropriate content will be posted. Thank you!

The first is to implement the “three years of early knowledge” policy, and the second is to consider the reality of students, parents, and schools. In accordance with the relevant requirements of the superior document, the seventh grade students entering the fall of 2020 will follow the new policy.

Mu Ren, director of the Kunming Education and Sports Bureau, said in response to the 12345 mayor’s hotline on April 21 that the admissions policy for the 2020 high school entrance examination will continue to be implemented in 2022. The Kunming Education and Sports Bureau also responded to and revised the new policy for the high school entrance examination announced on April 8th on April 20th and 21st.

Mu Renzao, Director of Kunming Education and Sports Bureau: Our previous policy was also the adjustment of the senior high school entrance examination policy. During the implementation process, parents and the society were concerned. The focus was that we were rushed to introduce the policy two months before the high school entrance examination and did not implement the regulations of the Ministry of Education. Know this policy three years ago. Attach great importance to the problems reported by parents and take them seriously. After repeated research, it is decided to adjust the examination policy and put it on the students who will enroll in the next year.

The reason for the increase in the type of “quota students” starting this year, Kunming Education and Sports Bureau made an official explanation when it released the new policy for the high school entrance examination on April 8. The goal of Kunming high school entrance examination reform is to “strongly promote the reform policy of high school enrollment quotas. It will reach 70% this year and 100% in 2023.” The current policy adjustment plan made by the Kunming Education and Sports Bureau is to stop the implementation of the new policy for the high school entrance examination announced on April 8, and the admissions policy for the 2020 high school entrance examination will continue to be implemented in 2021 and 2022.

To implement reforms, we need to do good things in accordance with procedures

For the adjustments made by the Kunming Education and Sports Bureau around the New Policy for the Senior High School Entrance Examination, parents at different stages have mixed reactions.

Parents of Junior One Students: The program is not compliant and opaque, so it has aroused so much discussion among the public. If it is said that it is reasonable and compliant, and then consulted with the public, I believe that we, as parents, support it and understand it.

Parents of Junior Three Students: I didn’t expect to be able to make corresponding adjustments. We don’t mean that the policy is not good. This policy is good in the long run, but it should be implemented slowly so that everyone has ample room for choice. There is a policy advocacy before entering junior high school. .

The adjustment and changes of Kunming’s senior high school entrance examination policy have also aroused the attention of frontline teachers.

Teacher Sha, an educator: Kunming’s high school entrance examination policy was issued rather hastily, and reforms are good, but now for parents, including our teachers, especially the parents of this batch of first-year students, we still hope that the Education Bureau will continue scientific research based on the actual situation, and finally come. Implement policies.

Because of the continuous adjustment of policies, the parents of Kunming City at the beginning of this year’s small promotion are also worried. Educational scholars believe that reform is a good thing, but good things should be done well in accordance with procedures, rather than making changes day by day. In the 2021 high school entrance examination, if you want to adjust the quota allocation, you should tell the parents when the candidates enter the school in the beginning of 2018, so that the parents can make a choice according to the policy.

Closing the session on Thursday, the Dow Jones dropped by 321.41 points (1%) to 33,815.90 points. This index sometimes bottomed out when it dropped to 420 points. The S&P 500 index lost its momentum at the beginning of the session and lost 0.9% at the close to 4,134.98 points. The Nasdaq Composite also fell 0.9 percent, to 13,818.41 points. The Dow Jones decreased to 321.41 points (1%) to 33,815.90 points at the close of the session on April 22. Photo: AP Bloomberg News on April 22 reported that President Biden is planning to raise surplus tax to increase capital to 43.4% for wealthy Americans. The proposal would raise the capital gains tax rate to 39.6 percent for those earning $ 1 million or more, up from the current 20 percent, according to Bloomberg News. Then, Reuters news agency and The New York Times also reported on this issue. Jack Ablin, founding partner and chief executive officer of Cresset Capital Management, commented: “Mr. Biden’s proposal doubled the capital surplus tax rate for those earning $ 1 million. That is quite a cost increase for long term investors. According to Ablin, a wave of sell-off on Wall Street is expected to appear this year if investors feel this proposal has a chance to become law next year. The bulls led the decline in Thursday’s trading. Shares of Tesla and Amazon lost 3.3% and 1.6%, respectively. Before the news of the proposed tax increase, the major indexes fluctuated slightly as investors waited for the series of business results reports that major technology companies are expected to release next week. “Market cash flow is currently focused on a few growth stocks”, Mr. Mark Yusko – CEO and Chief Investment Officer of Morgan Creek Capital Management said. “Because investors are afraid of a shock increase in the securities interest tax, investors can sell off to take profits and push the market into an adjustment zone”. Shares of Southwest Airlines also turned down 1.6% at the end of the session, although the airline announced that the number of bookings for travel continues to increase and is expected to break even or make a profit next June. Shares Dow Inc. down 6% even after the chemical company surpassed expected revenue and profit in the first quarter of 2021. However, as of the beginning of this year, the stock Dow Inc. is still up nearly 10%. Most companies are currently recording results exceeding Wall Street’s expectations this earnings season, but the first quarter’s strong results did not help the market soar after repeatedly setting record levels. in recent weeks. Regarding economic data, the US Department of Labor on April 22 said that the number of people applying for unemployment benefits for the first time was 547,000 people last week, lower than the forecast of 603,000 by Dow Jones. Also on April 22, the Republican Party made a plan to oppose the US President Joe Biden’s $ 2,000 billion infrastructure investment package. Senators have proposed a $ 568 billion package that includes funding for bridges, airports and water systems. This proposal does not include tax increases. However, concerns about the capital gain tax increase could be overblown as Democrats hold a narrow majority in both the Senate and the House of Representatives, which may make it difficult to pass any proposals. Be positive ./.

With the federal government canceling an agreement related to the Victoria State’s “Belt and Road” initiative, Australia-China relations are worse than ever (Photo: Multidimensional). According to the news site Multi-Dimensional (Dwnews) April 23, citing AFP on the same day, said US State Department spokesman Ned Price on April 22 announced his solidarity, claiming that Australia is facing China’s “forced diplomacy”. , said the Australian government had made its own decision, but because it suffered greatly from Beijing’s actions. “We will continue to stand side by side with the Australian people as they are the leaders facing the coercive actions of the People’s Republic of China,” Ned Price told reporters. Mr. Ned Price, spokesperson for the US State Department (Photo: Dong Phuong). Australia has shown that these “Belt and Road” agreements are inconsistent with Australian foreign policy. China warned that Australia’s withdrawal from the agreement would seriously damage the relations between the two countries. According to previous reports, the Australian government announced on April 21 that it would cancel Victoria’s four foreign agreements, including two related to China’s “Belt and Road” initiative. These two agreements were signed between the Victorian government and China’s National Development and Reform Commission. One of them is a memorandum of understanding signed in October 2018 and the other is a framework agreement signed in October 2019. The Chinese Embassy in Canberra criticized the move as an “unreasonable provocation”. Chinese Foreign Ministry spokesman Uong Van Ban also responded saying that China expressed strong resentment and firmly opposed it, had “strict relations” with Australia and China reserved the right to respond. more in-depth on this. Australian Foreign Minister Marise Penn announced the cancellation of two agreements related to “Belt and road” Victoria signed with China (Image: Reuters). In this case, Australian female Foreign Minister Marise Payne replied: “This plan is very relevant to the national interests of Australia. This action (canceling the two agreements) to ensure consistency in foreign relations. We are all over Australia and it certainly is not aimed at any country. ” She expressed Australia’s efforts to contact China and “requires all governments around the world to respect our government’s decision-making authority”. On April 22, Australian Prime Minister Scott Morrison also stated that the cancellation of the related agreement was because the federal government did not want the agreements signed by other authorities to go against Australia’s foreign policy. He said the government has always acted in the national interests of Australia to protect Australia, but must also ensure that in promoting national interests, the government can be in an Indo-Pacific region itself. be free and open and be in a world that seeks a balance in favor of freedom. Australian Prime Minister Scott Morrison: the cancellation of the related agreement is due to the federal government’s unwillingness to have the agreements signed by other authorities go against Australia’s foreign policy (Photo: AP). On the Chinese side’s response, the news site Multidimensional give details: At a regular press conference of the Chinese Ministry of Foreign Affairs taking place on the afternoon of April 22 in Beijing, a reporter asked: “Recently, the Australian government announced the rejection of the cooperation agreement” The Belt and Road “was signed by the Victorian government with the National Development and Reform Commission of China. Please ask what China has to comment on this? “. Mr. Uong Van Ban, spokesperson of the Ministry of Foreign Affairs of China replied: “Australia’s Victoria has decided to cooperate with China within the framework of the“ Belt and Road ”initiative to improve the welfare of the people. people from both sides. This is inherently a mutually beneficial affair. The Australian Government has unreasonably vetoed the “Belt and Road” cooperation agreement signed between the Victorian Government and China; arbitrary interference undermines normal exchanges of cooperation, seriously harms China-Australia relations and mutual trust. Mr. Uong Van Ban said, “China expressed strong resentment and strongly opposed it and had strict relations with Australia, China reserved the right to make a deeper response to this.” China urged Australia to give up Cold War thinking and ideological stereotypes, treat Sino-Australian cooperation objectively and soberly, and immediately correct mistakes. make mistakes, change directions, do not go further on the wrong path, do not make the China-Australia relationship that is in serious difficulty worse. ” Mr. Uong Van Ban: China expressed strong resentment and strongly opposed it and has strictly interacted with Australia, China reserves the right to give deeper reactions (Photo: Orient). At the same time, the spokesman of the Chinese Embassy in Australia also stated that China expressed strong dissatisfaction and firmly opposed the Australian Foreign Minister’s announcement on April 21 announcing the cancellation of the memorandum and agreement. Framework for the “Belt and Road” initiative was signed between China and the Victorian government. “Australia’s move is yet another irrational provocation against China,” said the Chinese embassy spokesman. It once again shows that Australia is not sincere in improving China – Australia relations, which will definitely cause more damage to the bilateral relationship, the country will definitely carry stones for its feet “. In Australia’s mainstream media, Secretary of State Marise Payne’s actions began to receive a positive response. Sheet Canberra Times published an article saying that Australia’s actions “made China ache” and that Victoria’s was seen as “against the interests of the country” in the eyes of Canberra officials. Sheet Sydney Morning Herald also criticized the fact that before signing with China, Victoria did not report to the federal government. The Century points out that Australia has become the first country to “tear” agreements related to the “Belt and Road” initiative. Last year China imposed a 212% punitive tax on Australian wines (Image: Getty). According to the Seventh News Network Australia’s move to “cancel” the deal was made after weighing more than 1,000 deals. The four deals that Secretary Payne tore off resemble Australia’s ruling Liberal strategy against the opposition Labor Party. The article called the move a “blow” against Victoria’s Labor governor Daniel Andrews. Nineth News Network Marise Penn, based in South Australia, revealed that Marise Penn went to Sydney to speak after announcing the cancellation of the deal, saying that the Australian side is still in contact with China. This represents a significant contrast to her statement on April 13 that “it is necessary to deal with China’s underground war”. For now, some analysts in Australia are pessimistic about the prospects. For example, Eryk Bagshaw, economic correspondent of the The Century , said that when Australia leads the “fight against China” trend, at least six major industries, including iron ore, worth at least 20 billion USD, will be hit hard, traders Australian imports and exports will have to pay the price. In October 2020, Australia allowed naval ships to participate in joint exercises with the US and Japan in the South China Sea, making China dissatisfied. There are also some Australian scholars and businessmen who remain optimistic about the status quo. For example, Roland Rajah, the lead economist at Lowy Institute, an Australian consulting organization, published an article on April 22 in the newspaper. The Century and Sydney Morning Herald “Why does our economy accept the veto of the agreement related to the Belt and Road initiative”, saying that Beijing’s sanctions against Australia are still limited to a relatively small scope, for example such as barley, beef, copper ore and coal. China will not cut off purchases of major Australian commodities such as iron ore and natural gas. After large commodity trade between China and Australia continued and small items shipped to other exporters, Australia was able to recover under Chinese “sanctions”.

In the current overall framework of Sino-US relations, what are the special features of climate change cooperation issues? Shanghai once again played the role of a “bridge” at an important moment in Sino-US relations. What are the considerations for this arrangement? Almost at the same time Kerry arrived in Shanghai, a so-called “unofficial delegation” led by the former US Senate arrived in Taipei. The United States has recently played the “Taiwan card” frequently. What does it mean?

Reading Zhengguan exclusively connected with Renmin University of China EU “Jean Monnet” Chair Professor Wang Yiwei, Director of the Institute of International Affairs for interpretation.

Interest groups influence Biden government’s climate policy

Political View: Kerry is the first senior official of the Biden administration to visit China. What is the background and significance of this arrangement? In the overall framework of Sino-US relations, what is the weight of climate change cooperation issues?

Wang Yiwei: China and the United States account for more than 40% of global carbon emissions, and tackling climate change requires the two countries and other countries in the world to work together. Biden will host a climate summit next week, after the US government has officially issued an invitation to China.

Regarding Kerry’s trip to Shanghai, although some Republicans reacted fiercely, the White House has made it clear that the United States will engage with China at all levels, and that the US-China relationship is not confrontation but competition. I think that Kerry came to Shanghai to promote some substantive cooperation. Behind the Biden administration is the support of emerging industry interest groups represented by clean energy companies. This is an important foundation for the United States to seek cooperation with China in climate policy.

Looking back at history, climate change cooperation is a bright spot in Sino-US relations during the Obama administration. At that time, Biden, the vice president, and Kerry, the secretary of state, were both promoters of relevant policies. Relevant interest groups and environmental protection organizations have played an important role in the formulation of the Obama administration’s climate change and energy policies. Today, these groups still play similar roles and exert influence on the Biden administration. U.S. emerging industry interest groups represented by clean energy companies hope that the Biden administration can urge China to take more actions in terms of carbon emission reduction.

On the other hand, climate change is a very malleable topic, involving the construction of the future international structure, especially the game of financial international structure and rule-making. Now, the United States has revealed its intention to build a carbon emission dollar system and wants to link the dollar with carbon emission data. At the same time, the EU is building a carbon emissions trading system to promote the development of the carbon emissions trading market. There are similar considerations behind this.

Responding to climate change, China, the United States and Europe have broad space for cooperation

Political View: Not long ago, at the Sino-US high-level strategic dialogue held in Anchorage, although China and the United States had differences on some issues, both sides agreed to strengthen dialogue and cooperation in the field of climate change, and the two sides will establish a Sino-US climate Joint Working Group on Change. In the context of facing differences in some areas, why did China and the United States take the lead in reaching a consensus on strengthening dialogue and cooperation in the field of climate change?

Wang Yiwei: Since the Biden administration came to power, climate change cooperation has been generally regarded as an area that can be expected in Sino-US interaction. It should be said that there is a certain inevitability and rationality in this. The promotion of climate cooperation between China and the United States on the right track conforms to the interests and expectations of the world.

In my opinion, there are roughly two dimensions that influence the direction of the international pattern in the 21st century. One is climate change and new energy development, and the other is digitalization and intelligence. Both involve the transformation of human production mode, lifestyle and thinking mode. For developed economies such as the United States and Europe, achieving carbon emission reduction is mainly to seek breakthroughs in transportation and lifestyle; for China, carbon emission reduction is from production and lifestyle, transportation, housing and other fields. Apply force directionally. China is not only the “world factory”, but also the world’s largest consumer market. Climate change is a common problem facing the world. China, the United States and Europe have joined hands to address this challenge. They are highly complementary and help avoid disputes caused by homogeneous competition among all parties.

The China-France-Germany Leaders’ Climate Video Summit will be held soon, and the China-EU Investment Agreement will also include new energy development and climate change cooperation as an important content. These are all manifestations of China’s active international cooperation in the climate field. In fact, in the field of climate change, China, the United States and Europe have extensive common interests and room for cooperation. In the next step, the key is to do a good job in carbon reduction, carbon neutralization and related time nodes and procedures, as well as the connection of the rules behind.

In comparison, international cooperation in the digital field faces some practical problems and differences due to factors such as data sovereignty and privacy protection. Of course, the development of a new energy industry will also involve the processing of massive amounts of data, and the response to climate change itself also requires digital assistance. All parties should not only strengthen cooperation, but also play games with each other in the formulation of international rules, especially safety standards.

The Biden administration’s China policy has not yet been finalized

Political View: Recently, the Biden administration has started to play the “Taiwan Card” frequently. According to media reports, on the afternoon of the 14th, former U.S. Senator Chris Dodd led a so-called “unofficial delegation” and arrived in Taipei with two former U.S. Deputy Secretary of State. What do you think about this?

Wang Yiwei: At present, the Biden administration’s China policy has not yet been fully finalized, and it is still in a transitional period. But what has become apparent is that the new administration has inherited the strategy of blocking and squeezing China in the high-tech sector during the Trump era. It is actually an attempt to obstruct China’s high-end development momentum in the global industrial chain, supply chain, and value chain. This is a core issue of the Sino-US game. Whether it’s frequently making a big fuss on the Taiwan issue or forming the US-Japan-India-Australia alliance, it is because the US wants to reshape the global industrial chain and supply chain and suppress and restrict the Chinese economy, especially the high-tech industrial chain and supply chain.

Just earlier this month, U.S. Senator Menendez and others threw out the “Strategic Competition Act of 2021”, requiring the Biden administration to adopt a comprehensive “strategic competition” policy with China. On the 14th, the U.S. Senate Foreign Affairs Committee discussed and voted on the “Strategic Competition Act of 2021.” The various actions of the United States are precisely to hinder the development of China’s high-tech industries.

Political View: At the end of July 2019, the twelfth round of China-US high-level economic and trade consultations was held in Shanghai. After a lapse of 20 months, China’s special envoy for climate change affairs Xie Zhenhua and Kerry held talks in Shanghai. Shanghai once again played the role of a “bridge” between the two sides at an important moment in Sino-US relations.

Wang Yiwei: In his first foreign policy speech in February this year, Biden proposed that US diplomacy will be “middle-class diplomacy.” And Shanghai can be regarded as a pronoun for the rise of the middle class.

In addition, Shanghai has historically served as a bridge and link between China and the United States. On February 28, 1972, China and the United States issued the “Joint Communiqué” in Shanghai, ending the two-year isolation between the two countries and opening a new chapter in Sino-US relations. In 2009, the then-U.S. President Obama made Shanghai the first stop of his visit to China.

The location of the China-US meeting in Shanghai is hoped to eliminate political ideological interference, which to some extent shows the sincerity of the two sides in climate change cooperation.

Produced | Sohu Think Tank

Edit｜ Liu Shijiao

Recently, according to data from a number of online travel platforms, bookings of travel products for Tomb-sweeping Festival and the May 1st holiday are hot, with the number of air tickets booked surpassing the same period in 2019, and air ticket prices have also rebounded, and the fares of some popular routes have increased by more than two According to statistics, Shanghai-Sanya, Beijing-Sanya, and Shanghai-Chongqing fares have increased by 46%, 112%, and 16% respectively year-on-year.

Will there be a compensatory rebound in tourism demand during Qingming and May Day holidays? How has the tourism market recovered this year? Sohu think tank connected with Wang Qiyan, director of the Leisure Economics Research Center of Renmin University of China.

Wang Qiyan said that this year’s Spring Festival, the implementation of the in-situ Chinese New Year policy for safety considerations, does have a backlog of tourism demand, which will be released during the Qingming Festival and the May 1st holiday. But he also emphasized that the Spring Festival in China is a time for family reunion, and the proportion of tourism demand is not very high compared to visiting relatives. Therefore, we need to look at the release and rebound of tourism demand objectively.

Wang Qiyan pointed out that with the rise of local tourism and nearby tourism economies, if the tourism industry wants to seize the opportunity, it needs to focus on three aspects. First of all, providing adequate services is the most fundamental thing for the industry. Second, innovation will always be the theme, and it must be a two-wheel drive of culture and technology. Third, the government should do a good job of supervision, including issues such as not defrauding consumers, which require more attention from the government.

Will outbound tourism resume in the second half of the year? Wang Qiyan said that it is still very difficult to predict. From the perspective of foreign epidemic prevention and control, there is a positive side. For example, some places are also learning China’s vaccination. But there are also negative factors. Some areas still go their own way, don’t wear masks and gather casually. Therefore, we should be cautious about the recovery of situational tourism.

[Sohu Think Tank: Gather the wisdom of scholars and entrepreneurs to get the pulse of economic trends. If you are interested in contributing or contacting on-site reports, interviews, and program cooperation matters, please send an email to zhikucaijing@sohu.com]

Parents, how old is your child? Have you ever had a headache for your child’s homework?

There is a neighbor upstairs in my house. The mother and the child have been in harmony before the child went to elementary school, and they have been peaceful for years. But when the child enters elementary school, he will hear humming and crying from the upper floor from time to time in the evening. Talking to the neighbor, she always said that it was because of the child’s homework.

Sure enough, when my baby went to elementary school, I also encountered the same situation as my neighbor, worrying about the child’s homework every day. If you enroll your child for extracurricular classes after school in the afternoon, and wait to go home in the evening, the homework should basically be written until 9 to 10 o’clock.

Fortunately, the school we go to is a public elementary school. After a semester is not finished, some parents complained that there was too much homework and that the child went to bed too late after finishing his homework. So the class held a parent meeting, and the teacher came up with such a countermeasure at the meeting: if the parents feel that the teacher assigns too much homework, they don’t have to finish writing it, just sleep at some point. The teacher will not criticize the children who have not finished their homework the next day. Everything depends on self-consciousness.

This time the parent group exploded. Some parents applauded this, saying that this is not equivalent to reducing the burden on their children? What a good thing. Other parents put on a “vigilant” expression, which is intriguing.

On the surface, the school’s introduction of such a policy is indeed reducing the burden on students. But whether such a policy is a disadvantage or a benefit to parents is not necessarily true.

The burden of homework is reduced, and the impact on the family is polarized

A parent who is the principal of a high school told me that such a burden reduction policy actually makes poor students worse and good students better. I deeply agree.

Some parents who can’t finish their homework think that if they don’t emphasize that the homework must be completed, the child will not have so much pressure to study, and the student’s life will be easier. This is a good thing. In fact, whether this matter is good or bad depends on the parents.

If the parents themselves have no time and no intention to exert effort in family education, their daily duty is to supervise the children to complete the homework, then this homework burden reduction policy may seem beneficial to them, but it actually affects the children’s follow-up learning.

The homework is a reflection of the mastery of the learning content of the day. Some students procrastinated because they had difficulty doing homework, originally because they didn’t have a firm grasp of the content. If there is no pressure of “the teacher will check tomorrow”, they will probably not do it altogether. Coupled with parental neglect, It is possible that more and more content that children do not know, parents will not be able to find out, which will make subsequent learning more difficult for children.

For parents who value family education, they do not have to complete the homework of the day, so that they have the right to choose the content of the homework. For repetitive homework that the child has already mastered, they can not write, so the time saved can be Used to do many things.

For example, to check the deficiencies of the child, or to strengthen the child’s ability in certain aspects, or even use it for more extensive reading, logical thinking training, and so on.

In this way, all the homework is also not completed. Some children spend the time saved by their parents for crazy fun, while some children get targeted “extra meals” and “small stoves” by their parents. , Over time, the gap between these two types of children becomes even greater.

It is precisely because of the different thinking consciousness and cognition of the two types of parents that two different reactions were caused when the school “homework load reduction” policy was issued.

At the elementary level, the gap between children actually reflects the gap between families, and is more reflected in the level of consciousness. Families that value education will not easily applaud and cheer on the various seemingly “burden reduction” actions launched by schools and society. On the contrary, they will be more vigilant and consider more carefully the long-term impact of such measures. Adjust your own chicken baby rhythm.

After all, studying at school seems to be fighting children, but it is actually fighting the parents themselves.

[TopicDiscussion:Whatisyouropiniononreducingtheburdenonhomework?Welcometoshare】

Senior nursery teacher, psychological counselor, author of original parenting comics. Welcome to pay attention to[Parenting Cheats]. You can find the answers here for all the parenting care, growth and development, family education, and mental health you want to know!

Rural workers in Hanoi who participate in agricultural production still account for a large proportion

One of the specific targets that the Hanoi People’s Committee sets from now to the end of 2021 is to complete the policy to support the development of rural industries within its competence, according to the provisions of Decree No. 52/2018 / ND- CP dated April 12, 2018 by the Government. For example: Vocational training, vocational transmission; trade promotion, construction of infrastructure and production space …

The city also aims to support 10 trade villages in branding and registration to establish collective trademark ownership. Support for environmental impact assessment for 10 craft villages; Support 5 – 10 rural career development projects in the city. In particular, strive to create 10,000-15,000 more jobs for rural workers.

To accomplish the above objectives, while building mechanisms and implementing policies, the People’s Committee of Hanoi will promote the application of science and technology. In particular, implementing city-level science and technology tasks in the field of career development, craft villages; projects on management and development of collective trademarks for agricultural products and craft village products under the intellectual property development support program.

Manage production technologies, restrict the use of old and outdated technologies, causing environmental pollution. To introduce and disseminate environmentally friendly production technologies, wastewater, waste and exhaust treatment technologies suitable to craft villages and rural industries in the locality.

The People’s Committee of Hanoi City will also direct the organization of training in pedagogical skills and teaching skills for artisans in rural industries according to regulations. To train and disseminate policies to encourage the development of rural industries for owners of production establishments and laborers to have access to resources and policies to support the development of rural industries.

Propaganda, promotion and trade promotion. Provide information support for enterprises, rural industry establishments to participate in domestic and foreign exhibitions and fairs to introduce and promote their brands and products, and to expand consumption markets. In addition to capital support and tax policy dissemination, the Hanoi People’s Committee has a policy of directing local departments to focus on land allocation, land lease and environmental protection of craft villages. Towards the development and conservation of craft villages associated with tourism, education experiences …

A view of the JCPOA Joint Committee meeting on April 6, in Vienna, Austria. Photo: Reuters

According to JCPOA regulations, Iran’s uranium enrichment level is at 3.67% and must not be stockpiled more than 300kg of raw materials. However, Iran has now enriched uranium by up to 20%, even claiming to be able to enrich as much as 90%. Iran’s enrichment of uranium to the point of making nuclear weapons has left powers like “sitting on a fire pan.”

Talks in Vienna, Austria, began last week in an effort to bring the U.S. and Iran back to the JCPOA. In 2018, the administration of former U.S. President Donald Trump unilaterally withdrew from the agreement. Now, more than two months after taking the leadership of the United States, President Joe Biden is making a “reversal” of his predecessor’s policy to “revive” the JCPOA.

International experts see the fact that the negotiators “revived” the JCPOA is a very positive signal, but in reality, the process is not easy with many obstacles. The negotiations will have a very complex scenario and developments, most evident in the form of negotiations when the U.S. and Iran do not directly have dialogue with each other.

The negotiation is carried out in the form of individual dialogue between the parties and communication through intermediaries. All JCPOA participants agreed to form 2 Working Groups. The first group will look at how the U.S. returns to the JCPOA by lifting sanctions on Iran. The second group will study how Iran will return to JCPOA compliance.

Analysts point out that the process of negotiating the JCPOA “revived” obstacles with 3 main issues. First of all is assurances about Iran’s shrinking of its nuclear program in accordance with the JCPOA, while specifically determining what sanctions the U.S. will lift on Iran. While Iran wants to lift most sanctions in exchange for its compliance with the JCPOA, the U.S. is only considering lifting sanctions related to the Iran nuclear issue.

President Biden’s administration insists the U.S. is willing to rescind sanctions on Iran that are believed to be inconsistent with the JCPOA but also stressed that the U.S. expects compliance with the deal on the part of Iran.

However, the Iranian side is unlikely to reverse its steps until U.S. sanctions are lifted. This is considered the second largest “barrier”. Namely, the order in which the U.S. lifted sanctions on Iran first and then Iran complied with the JCPOA again, or Iran complied with the JCPOA first before the U.S. lifted the sanctions. Although the process of “reviving” the JCPOA has shown very positive signs, the level of tension is still very high when the US and Iran will probably not give in to each other.

The third obstacle that is analyzed by experts is the schedule of negotiations. In June, Iran will enter the election of a new President and Iranian President Hassan Rouhani will not be re-elected due to the end of his second consecutive term. Many are concerned that the successor to the President of Iran may not take the JCPOA as seriously as Mr. Hassan Rouhani. So if the process of “reviving” the JCPOA is not achieved in his final days in office, it is very likely that the new administration will not negotiate with the US on the deal.

According to experts, Iran’s confidence in the JCPOA has been “eroded.” It would be unacceptable for the U.S. to cancel the deal and now return without “paying the price” for its actions. Especially with 3 obstacles in the process of “reviving” in which analysts point out, to achieve this goal will surely need to make breakthroughs in the short period between now and before the Iranian elections in June. In a scenario where the JCPOA is indeed “collapsing,” experts believe, the parties will proceed with a new international agreement or treaty to replace the JCPOA.

US President Joe Biden. Photo: AP

CNN said the U.S. fell into confrontation with China and Russia, negotiating a return to the 2015 nuclear deal adding to obstacles when Iran’s nuclear plant came under surprise attack, North Korea returned to test ballistic missiles. Meanwhile, President Biden plans to withdraw troops from Afghanistan on September 11 but experts warn the Taliban could have an impact on weakening the government in U.S.-backed Kabul.

Mr. Biden’s handling of these situations will help shape the legacy of his term. The U.S. president has publicly said his goal is to defeat COVID-19, revive the economy, and shape foreign policy around the needs of American workers.

The U.S. Director of National Intelligence’s Office on April 13 released a report that named the four countries as Washington’s main security challenges in the coming years: China, Russia, Iran and North Korea.

On April 11, Iran declared the Natanz nuclear plant under “terrorist attack” after a power outage at the facility. Israeli media cited an unnamed source as reporting that the country’s Mossad intelligence agency was behind the attack. The New York Times also cited an unnamed source as “having an Israeli role” in the incident. Israel has not responded to the allegation.

The incident occurred at a time when U.S. and Iranian officials had indirect dialogue in Vienna (Austria) to establish a roadmap for “bilateral compliance” for the two sides to return to the Joint Comprehensive Plan of Action (JCPOA) – the nuclear agreement between Iran and the P5+1 Group countries (including the U.S., Britain, France, Russia, China and Germany) in 2015. In the event that Tel Aviv is indeed behind the attack, President Biden could face new minor friction with Israeli Prime Minister Benjamin Netanyahu.

The attack on the Natanz nuclear plant is believed to have influenced U.S. negotiations back to the 2015 nuclear deal. Photo: AP

As for China, it is stepping up its military activities, in addition to making more impact through the “Belt and Road” initiative. The meeting between senior U.S. and Chinese representatives during a two-day conference in Alaska that closed on March 19 represented a clear message from Washington to Beijing that President Biden is not easily “bullied.” It was the first face-to-face meeting between American and Chinese officials since Mr Biden assumed the presidency. At the event, in front of a slew of world media cameras, U.S. Secretary of State Antony Blinken bluntly said that China’s actions “threaten a rules-based order to maintain global stability.”

In March, U.S. President Biden also said that China has ambitions to “become a world leader, the richest country in the world, and the most powerful country in the world.” “This is not going to happen under my supervision,” the U.S. leader insisted.

Not only China, North Korea is another country in Northeast Asia that makes the U.S. keep an eye on it. At the 8th Workers’ Party of Korea Congress held in January, Pyongyang stressed its commitment to developing “strategic weapons” in preparation for a long-term confrontation with the U.S. South Korea’s intelligence agency said the new missile North Korea tested in March could carry a nuclear warhead.

Pyongyang has rejected a offer of dialogue from U.S. President Joe Biden’s administration and stressed that Washington should first eliminate hostile policy. According to experts, diplomacy and negotiations are the most practical way to solve the problem of the North Korean nuclear program. This does not mean the complete removal of sanctions but can be the application of a sustainable diplomatic process that includes high-level dialogue, step by step.

Russian President Vladimir Putin recently signed legislation facilitating his re-election. This development paves the way for the possibility of Mr. Putin continuing to lead Russia more time and achieve the goal of restoring the position the Kremlin lost after the dissolution of the Soviet Union.

Experts say President Biden’s decision to withdraw troops from Afghanistan appears to be a foreign policy influenced by domestic affairs. The U.S. and the Taliban signed the agreement in February 2020. Under the agreement, the U.S. pledged to withdraw all forces from Afghanistan by mid-2021, while the Taliban offered security guarantees and conducted talks with the Kabul authorities.

The U.S. currently has 2,500 troops stationed in Afghanistan. The Taliban will have to abide by certain commitments before the U.S. withdraws. But many experts warn that if the U.S. removes troops from Afghanistan without a peace deal that comes with the Taliban, there is a risk that civil war will occur in the country.