Rising US prices Fed chief is dampening Inflation concerns

Status: 23.06.2021 9:39 a.m.

The head of the US Federal Reserve sees the reason for the current high inflation primarily in the recovery of the economy. The unexpectedly strong effects would soon fade, Powell said.

By Torsten Teichmann, ARD studio Washington

The demand in many industries is greater than the supply, meanwhile the prices for raw materials in the USA are rising, employers are having difficulties filling positions: All these effects of the economic upswing at the end of the corona pandemic are stronger than assumed, the head of the Federal Reserve (Fed), Jerome Powell, granted. Nevertheless, there will be no inflation, as in the 1970s, Powell said at a hearing in the US House of Representatives. “These factors will fade over time and we will get back to where we want to go. We are watching this carefully,” he said.

Interest rate hikes planned for 2023

The goal is an inflation rate of just over two percent. In May there was inflation at five percent . The Fed announced last week by the end of 2023, the key interest rate is expected to be increased in two steps to want. But in the short term it remains in the range between 0 and 0.25 percent. Powell had to defend his monetary policy at the hearing in the House of Representatives. Republican MP Steve Scalise accused a visibly annoyed Fed chief that the cheap money policy was harmful to hard-working families.

Steve Scalise criticized Fed policies as harmful to families. Image: REUTERS

Powell replied that lower income groups in particular have not yet benefited from the upswing in the United States. “Real incomes at the lower end of the spectrum are stagnating compared to those at the top,” he said. “Mobility across all income groups has decreased in the US and is now behind that in most other industrialized countries.”

Fed expects economic growth of 6.5 percent

These differences would hold back the US economy and the country as a whole. And that although the Fed is currently assuming that the US economy will grow by 6.5 percent this year with the help of the government’s trillion-dollar stimulus packages

On June 18, Eastern Time, Wanwushengsheng Group, which owns brands such as Aihuihui, was listed on the New York Stock Exchange and became the “first ESG stock in China’s concept stocks”, with a rise of 32.07% on the first day of trading. Tiger Securities, as the Internet underwriter of Wanwu Xinsheng Group, competed with internationally renowned big banks such as Goldman Sachs, Bank of America Securities, China Renaissance Capital, Guotai Junan (International), CITIC Securities, etc., and it was listed on the cover of Wanwu Xinsheng’s prospectus, showing the tiger The influence of securities as a leading Internet technology investment bank. Not only that, as a close adviser for the entire listing process of Wanwu Xinsheng Group, Tiger Securities also provides DSP services (family and friends stock services) and ESOP (employee equity incentive plan) services for Wanwu Xinsheng Group.

According to the prospectus, Wanwu Xinsheng Group is China’s largest trading and service platform for second-hand consumer electronics products. The Wanwu Xinsheng team was established in 2009, and now it owns the brand “Love Recycling” for the recycling business of individual users, the B2B trading platform “Paijitang”, the B2C retail platform “Paipai” and the overseas business “AHS Device”. According to the CIC report, in the second-hand 3C vertical category, the number of trading units and GMV of Wanwu Xinsheng Group ranked first in the market in 2020, and was higher than the sum of the second to fifth places.

Tiger Securities acted as the underwriter for the listing of Wanwu Xinsheng Group in the United States this time, relying on its own Chinese region’s largest U.S. and Hong Kong stock community and a huge customer base to build a bridge between issuers and individual investors. On the institutional side, Tiger Investment Bank comprehensively covers over 500 top institutions in the United States, Canada, and Asia Pacific, as well as a group of private equity funds focusing on Chinese concept stocks, and can arrange roadshows for issuers. It is reported that the total retail and institutional orders from Tiger Securities this time reached 480 million U.S. dollars, and the number of retail order subscriptions reached 38,000. The strong synergy between Tiger Securities brokerage and investment banking business is further highlighted.

In addition, Tiger Securities this time also served as the service provider of DSP (Family and Friends Share Service) and ESOP (Employee Equity Incentive Plan) of New Life Group. In terms of DSP, Tiger deploys an exclusive high-quality service team based on the needs of the issuer, formulates DSP guidelines, provides full tracking and coaching to employees and their relatives and affiliated customers designated by the issuer, and develops a “1-hour response mechanism” to ensure efficient information collection And timely feedback to meet customer needs in time. In terms of ESOP, based on the integrated platform of Tiger Securities brokerage and ESOP, the issuer only needs to choose a single Tiger Securities institution to provide comprehensive services, and it can also be connected to the existing ERP management system according to customer needs to improve efficiency while improving efficiency. Significantly save management costs.

“Tiger Securities is committed to becoming a close partner of the entire listing cycle of new economy companies,” said the head of Tiger Securities’ investment banking business. “Most new economy companies are still very young and are listed overseas for the first time. The pits and pain points are not familiar. Tiger Securities is on the same track as the new economy enterprise, and it has the experience of listed companies. It can provide detailed and professional services and suggestions for the company during the whole process of listing. In addition, ESOP (Employee Equity Incentive Plan) and The enterprise account service can also solve various problems faced by issuers before and after the listing process, such as communication with employees during the trading window, and investor relationship management.”

Relying on the excellent reputation accumulated on the investment bank side, Tiger Securities has led the underwriting of US stocks for two consecutive years. Data show that Tiger Securities is the investment bank that underwrites the most Chinese concept stocks to list in the United States in 2019 and 2020. Among them, in 2020, it will underwrite 14 Chinese concept stocks to go public in the United States, and has been the only Internet technology investment bank in the underwriting syndicate or with the largest allocation share several times. Entering 2021, Tiger, as the lead bank of Kook Music’s listing in the United States, led the advancement of the IPO project, and then acted as an underwriter to help star companies such as Zhihu and Monster Charging to list on the US stock market. At the same time, the internationalization of Tiger Securities’ investment banking business continued to increase, underwriting three Hong Kong stock IPOs including Bilibili and Autohome in the first half of the year.

“Recently, the U.S. stock IPO market has picked up, and many new economy companies have put listings on the agenda again. Going public is one of the most important milestones in the development of companies. Said it is very important, so it is necessary to choose an investment bank with rich project experience to ensure that the company can go public smoothly.” A person in the investment industry said

Increasing number of passengers The US airlines lack pilots

As of: 22.06.2021 10:05 a.m.

The number of air travelers in the US is rapidly increasing again. In the meantime, the remaining pilots at some airlines are no longer sufficient to carry out all the planned flights.

By Torsten Teichmann, ARD studio Washington

The US airline Delta is looking for staff again. 1000 pilots are to be hired in the coming months. A year ago, in the middle of the corona pandemic and with constantly falling passenger numbers, the airline threatened to fire 1,700 pilots. In the end, the airline forced the unions to accept indirect wage cuts. Now Delta could even have to pay more for new employees in order to find staff again.

American Airlines is canceling flights as a precaution

American Airlines has similar problems. Especially on weekends, the number of pilots who have already been trained and tested is apparently not enough. In the event of delays and bad weather, flights are canceled because pilots would otherwise exceed their working hours and there is no one who can take over the shift. Now American canceled almost 1,000 flights for July as a precaution. The staffing level is so tight that the airline has been overwhelmed by rising demand and its own ambitious plans. The Wall Street Journal reports that there is also a frequent lack of ground crews to refuel aircraft.

Vacation trips partly at pre-crisis level

The number of vacationers in the US could return to pre-pandemic levels this month for some airlines. Delta expects the restrictions on transatlantic traffic to fall in the second half of the year. So far, travelers from Schengen countries such as Germany are still banned from entering the USA. US President Joe Biden has not yet announced that he will change anything

On June 10, at the 2021 Global Smart Logistics Summit, Alibaba CTO and Cainiao Chief Technology Officer Cheng Li announced that Cainiao will invest 1,000 logistics unmanned vehicles into campuses and communities, and revealed that Alibaba Dharma Academy and Cainiao has initiated the definition and research of open road unmanned logistics trucks.

Under the background of building vehicles in the whole industry, starting from the familiar logistics scene, and then moving to the unmanned truck freight track, it is undoubtedly the embodiment of Ali’s wisdom. Moreover, Ali’s car-building ambitions are not limited to “third-party” empowerment, especially in passenger cars. Ali not only invested in Xiaopeng, but also jointly established Zhiji Auto with SAIC and Pudong New Area, placing heavy bets. The reason may be due to self-confidence in its own autonomous driving technology.

In fact, there have been companies involved in the field of unmanned trucks, whether it is domestic Tucson Future, Pony Smart, Mainline Technology, or foreign Mercedes-Benz, Google, and even Tesla. With Ali’s entry, this field will become more active. At least, with the support of Cainiao’s data and the accumulation of autonomous driving technology of Dharma Academy, Ali should also make achievements in the field of unmanned trucks.

Didi goes public in the U.S., IPO is imminent

On June 10, U.S. Eastern Time, Didi Chuxing formally submitted an IPO application to the U.S. Securities and Exchange Commission (SEC). It plans to list on the Nasdaq Stock Market or the New York Stock Exchange under the ticker symbol “DIDI”. The amount is tentatively set at 100 million U.S. dollars.

It is understood that Didi’s IPO will raise approximately US$10 billion in funds and seek a valuation close to US$100 billion. If the listing goes well, Didi will become the largest IPO of a Chinese company in the United States since Alibaba raised $25 billion in its IPO in 2014.

From the perspective of capital, Didi seems to be a “unicorn fed by capital.” Since the day of its establishment, Didi has conducted 23 rounds of financing, with a total amount of more than 20 billion U.S. dollars. Moreover, it is Didi’s shared bicycle Qingju (valuation of US$1.9 billion), autonomous driving business (valuation of US$3.4 billion), Didi Cargo (valuation of US$2.8 billion), and Orange Heart (valuation of 1.8 billion US dollars). U.S. dollars) and other subsidiaries, the total valuation has reached nearly 10 billion U.S. dollars, not to mention its main business that occupies most of the Chinese travel market share.

In addition, Didi also defines autonomous driving, shared travel platforms, car service networks, and electric vehicles as four core strategic sectors in its prospectus. It is not difficult to see that Didi also intends to keep up with “car making”. After all, its related travel business scenarios have just solved the “mass use” demand of pure electric smart cars.

HKUST iFLYTEK has a thunderstorm, iFLYTEK’s input method is delisted, stock price plummets On June 11, iFLYTEK had a thunderstorm. Not only did the stock price drop by nearly 9.6% on that day, it was also a hot search on two microblogs called “XiTi”. The reason for this is that “the iFlytek input method was removed from the shelves of major mobile application markets” was the fuse that triggered the “thunderstorm” incident of iFlytek. Tracing back to the source, as early as May 1 this year, in the “Notice on the Illegal and Illegal Collection and Use of Personal Information by 33 Apps including Input Method” published by the National Internet Information Office, the iFLYTEK Input Method was “out of the top” and improperly collected users. Information problem. Judging from the current results, iFlytek’s rectification measures for the past one month do not seem to be in place. Therefore, the removal on June 11 is a further legal measure by the competent authority. But what is thinking is that if iFLYTEK is removed from the shelves today, will there be another XX input method coming out tomorrow? Excessive collection of user information has long become a common occurrence. But what is even more frightening is that some people are using the collected information to meticulously weave “Trumen’s world” one after another. While building information cocoon rooms, they are selling “false” beauty. But the good news is that people’s awareness of privacy is getting stronger and stronger, and the continuous removal of input methods will be a good start. Blue Origin sells its first commercial space travel ticket for $28 million On June 12, 2021, local time, an unidentified bidder bid for US$28 million (approximately RMB 180 million) to bid for Blue Origin, a space travel company owned by Amazon founder Bezos. Tickets for the first manned space flight. According to the plan previously announced by Blue Origin, the winning bidder will take the “New Shepard” (New Shepard) into space together with Bezos and his brother Mark on July 20 to embark on the first commercial tourism in space. It is reported that the first manned flight of the “New Shepard” will carry four passengers, including Bezos, Bezos’ brother, the winning bidder in this auction, and the fourth person will be announced later. On May 5 this year, Blue Origin announced the sale of a ticket for the first space cruise through an online auction. The initial bid for this ticket was 4.8 million U.S. dollars, but it exceeded 20 million U.S. dollars in the first few minutes of the auction. According to reports, the auction proceeds will be donated to Blue Origin’s education-focused non-profit organization “Future Club”, which provides support to young people interested in future science and engineering careers. BYD President Wang Chuanfu clarified “Persuade Lei Jun not to build a car” On June 13, at the 2021 China Automotive Chongqing Forum, BYD President Wang Chuanfu made a special clarification in response to his remarks three days ago that he advised Xiaomi not to build cars. Wang Chuanfu said: “There are reports that BYD persuades the founder of Xiaomi Technology Lei Jun not to build a car. This is wrong. Lei Jun and we have a very good cooperative relationship. We OEM a large number of Xiaomi phones and are strategic partners.” According to media reports, on June 10, Wang Chuanfu said at the Yabuli China Entrepreneurs Forum: “There are not many companies that have the advantage of making cars. Lei’s total investment of 100 billion yuan may be a loss of money and a waste of time.” No The young media interpreted it as “Wang Chuanfu advised Lei Jun not to build a car.” In general, this incident may not be counted as an Oolong by BYD. Moreover, the news of Lei Jun’s visits to major car companies continues, and BYD is also unable to push the partners who have been sent to the door. But the strategic direction and time-consuming thinking is indeed something that companies like Xiaomi need to do. Although, with the blessing of various large flows, the “cake” of “car building” is getting bigger and bigger, but cars must not only be built, but they must also survive. As President Wang Chuanfu said, there are three key points for making a car to “survive”. The first is to have core competitiveness; the second is to have a very precise strategy; and the third is to have a rapid decision-making mechanism. New energy vehicles are a new thing, and there are many routes, but if the route is skewed, it may suffer heavy losses. Cruise receives US$5 billion support from GM, and Waymo raises another US$2.5 billion On June 16, GM officially announced that GM Finance will provide Cruise with a $5 billion multi-year credit line to help the operation and expansion of Cruise Origin’s self-driving fleet. GM’s move is not only a further boost to autonomous driving, but also shows GM’s determination and confidence in the commercialization of Cruise. Coincidentally, the commercialization of the Cruise Dubai cooperation and the California unmanned vehicle passenger “license” is in full swing; Waymo, whose CEO and CFO have just resigned, has also begun to add weights, raising $2.5 billion in a lump sum. “Hot Money”. It is reported that Waymo’s financing news was also announced on June 16, investors including Google parent company Alphabet, Andreessen Horowitz, AutoNation, Canada Pension Plan Investment Commission and other major capital. It has to be said that Waymo’s ability to attract funds is commendable, after all, after this financing, its valuation has reached 30 billion US dollars. But the increasingly serious problem of brain drain is also becoming a shackle of Waymo. In other words, as the concept of smart car making is deeply rooted in the hearts of the people, the competition for talent will become more and more serious. OnePlus merged with OPPO, is it an “Oga” mobile phone or an “Oga” car? On June 16, OnePlus CEO Liu Zuohu released an internal email, announcing that OnePlus mobile phones will be fully integrated with OPPO, and OnePlus will also become an independent brand of OPPO. This is another big move since OPPO exposed the car. OnePlus and OPPO are in the same line. Although both are independent brands, from a capital perspective, both OnePlus and OPPO are controlled by Ouga Holdings, which is also the basic condition for the two to merge. It is reported that as early as August last year, news of Liu Zuohu’s return to OPPO has flowed out on the Internet. At that time, OPPO gave the response: Liu Zuohu will return as the senior vice president of Ouga Holdings, and is fully responsible for the product planning and experience of Ouga . Of course, from the mobile phone market, the integration of the two will further strengthen OPPO’s market weight in the field of smart phones. However, the organization and personnel adjustments between OPPO and OnePlus seem to be related to car manufacturing issues. OPPO CEO Chen Mingyong may intend to let Liu Zuohu participate in part of the car building work, and Liu Zuohu also recently visited Li Xiang, the founder of Ideal Auto. C-dimensional star list/Tu Datong Reasons for the list: It can provide the most powerful hybrid solid-state lidar that has been installed in mass-produced models Innovusion, established in November 2016, is headquartered in Suzhou. It is an entrepreneurial company with the nature of a supplier. Its main research areas involve lidar, autonomous driving, and smart transportation. The founders are Bao Junwei and Li Yimin, both of whom are typical engineering masters and have more than 20 years of work experience. In January of this year, the cooperation between Tudatong and NIO revealed that on NIO DAY2020, the latest NIO ET7 equipped with a lidar provided by Tudacom officially entered the stage of history. It is understood that the radar has an ultra-wide viewing angle of 120 degrees, a high resolution equivalent to 300 lines, and a maximum detectable distance of 500 meters. Taking advantage of the hot spots of ET7, in May of this year, Tu Datong completed the B round of financing, the latest valuation of 300 million US dollars, a total of 64 million US dollars in financing. This round of financing was jointly invested by Temasek, BAI Capital and Joy Capital. Old shareholders NIO Capital, Stow Capital and F-Prime also participated. 1. Founder Bao Junwei & Li Yimin Second, best practices Tudatong claims to be the world’s first 300-line high-definition ultra-long range lidar provider. Related lidar products are mainly used in smart transportation, smart high-speed, urban rail transit, and mining. In addition to the dream linkage with Weilai, Tudatong also has related cooperation with Baidu. At present, Tudatong’s image-level long-range lidar has been deployed in Baidu’s Apollo intelligent transportation city project, including Beijing, Changsha, Cangzhou and other places. It is understood that Tudatong’s lidar products mainly include: Jaguar Elite Edition (for smart cities), and Aquila lidar (Falcon architecture) carried on Weilai ET7. See the figure below for details: Three, technical route TuDatong believes that lidar is the inevitable result of the evolution of autonomous driving. Compared with mechanical rotary lidar and solid-state lidar, hybrid solid-state radar has more advantages. In addition to being smaller and lower cost than mechanical rotary lidar, it is also more realizable than pure solid-state lidar. The lower the difficulty and the stronger the certainty, the easier it is to achieve. In addition, the standard detection distance of 300 lines and 250m is the other two points that Tudatong insists on. With a resolution of less than 300 lines, the human eye will miss some important information due to the large distance between the lidar wire harness and the wire harness when looking at the picture, which may be reflected in the perception system of the autonomous vehicle. Cause a traffic accident. The standard detection distance of 250m is because when an autonomous vehicle is driving at a high speed of 120km/h, the safe distance that can be reliably sensed is at least 250m. Fourth, there is a “money” way According to Tianyan Check, since 2017, Tudatong has experienced four rounds of financing, namely seed round, A round, strategic financing and the most recent B round of financing. The latest valuation reached 300 million U.S. dollars. Among them, it is worth noting that Weilai went directly off the market and participated in Tudatong’s A round and B rounds of financing. In addition to being optimistic about the lidar industry, it is also an affirmation of Tudatong’s technical capabilities

State of Wyoming Billionaires in the wild

Status: 20.06.2021 09:34 a.m.

In Jackson Hole in the US state of Wyoming, the fox and the rabbit say goodnight – and recently the richest people in the country too. You will be attracted by unspoiled nature – and low taxes.

From Jule Käppel, ARD studio Washington

Real estate agent Andrew Ellett makes the dream of a ranch in the wilderness of the northern Rocky Mountains come true. Millionaires and billionaires come to him when they are looking for the perfect piece of land in the middle of nowhere: he has it.

“On this property, you can saddle your horses and ride right into the woods for hundreds of miles,” says Ellet. The property includes 120 acres of land, a main house with several hundred square feet of living space, a three bedroom guest house, and there is no limit to the number of horses on the ranch. This is also an important selling point here in the western United States, in the state of Wyoming. The price: $ 4.6 million. A good deal compared to the noble wooden house on the river for the super rich who love fly fishing. That costs almost 18 million.

Exclusive properties in the middle of nowhere

The agent says that’s the best thing about Jackson Hole: You can be close to town and still feel so rural. The Engel und Völkers broker can offer a lonely ranch a maximum of three times a year. Only three percent of the land in the parish is private. The rest is not for sale. Mountains and wide valleys, forests and crystal clear lakes are home to elks, herds of bison, bears – and wildflowers dance in the meadows in the summer breeze. An idyll with three ski areas and two national parks on the doorstep. One of them is the famous Yellowstone National Park.

Natural idyll with a low tax burden

The richest people in the United States move to this area in the north of Cowboy State. But they don’t just love the landscape. The community is one of the largest tax havens in the United States, explains Ben Williamson. “Property tax is minimal, there is no income tax.” The 28-year-old Williamson is against the fact that untouched nature becomes an investment.

The executive director of the Northern Rockies Conservation Cooperative finds it “absurd” that this isolated region has the highest per capita income in the country – more than $ 250,000. It’s almost a third less in Manhattan.

In the nearby Grand Teton National Park, grazing bison radiate the power of untouched nature. Image: AFP

Rich new citizens make life difficult for others

The folks who aren’t in the richest 1 percent have a hard time getting along, Williamson says. Because in the past few years rents have exploded along with market prices for luxury real estate. During the corona pandemic, even more people were relocated from the metropolises on the west and east coast. In addition to the hedge fund managers, CEOs and film actresses, the home office employees with a lot of money have now joined them. The apartments have become too expensive for the long-established residents of the town who take care of the ranches, hotel guests or hospital patients. They move to the neighboring communities, drive over the pass to work for almost an hour. Sometimes there is no getting through in snow. And then Jackson Hole, the dream place of billionaires, is cut off from the world for days

“The great progress of science comes from brand new and bold imagination.”-Dewey

Since modern times, with the rapid development of science and technology, many “illusions” that existed in the past have become reality. Mankind has realized the dream of flying in the sky and building a city under the sea, and can also meet people thousands of miles away across space. Countless people are shocked by the power of technology. Some people have put forward bolder ideas-through the ages, many people have hoped that they can “live forever”, so can this long-cherished wish be realized with the power of science and technology? A few years ago, a richest man in the United States frozen himself for 50 years and planned to resurrect him in 2017. What is his situation now?
Liquid Nitrogen Freezing Pictures

1. The richest man in the United States, James Bedford

James Bedford was originally a physicist in a well-known American university. In addition, he was also a successful businessman. With his super economic acumen, he became the richest man in the United States 54 years ago. But as he got older, James’ physical condition became weaker, and unfortunately he later contracted kidney cancer. Regardless of whether it was then or now, cancer is almost completely equivalent to a terminal illness, and the chance of recovery is extremely small. After a long period of treatment, James’ condition still hasn’t improved, but he doesn’t want to succumb to fate, because he is still very nostalgic for this colorful world.
James Bedford

2. Cryonics technology

At this time, Robert Ettinger, who has been working on “cryonics”, approached James Bedford. He said that he could use freezing technology to freeze James’ body unharmed and wait until the future When technology develops to cure cancer, let him thaw and “resurrect”. But this technology requires a lot of money and manpower, so Robert hopes that James, who has strong assets, can participate in this experiment and become the first person in the world to be artificially refrigerated.

Robert Ettinger At first, James was skeptical of what Robert said. As a scientist, he understood that freezing a human body is an extremely complicated and difficult task, and even if he can be successfully “resurrected” in the future, he may not be able to adapt to future life. There are also problems with this technology in terms of human relations and ethics. But as James’ illness became more and more serious, he agreed to Robert’s approach in order to have “a ray of life” when the deadline was approaching. The frozen man in the film and television series

3. Plans to resurrect in 2017

After a rigorous plan, James put out a large sum of money, and plans to resurrect in 2017. When everything was ready, James finally closed his eyes in peace. At the moment he just passed away, Robert led his team to get busy. They replaced the blood in James’ body with a cryoprotectant to ensure that the blood crystals after freezing would not pierce the cells. After a series of complicated operations, James’ body was placed in a special refrigeration facility care center. Time flies, and 50 years later, it is the time for James to “resurrect”. But the result is obvious, today’s medical technology has not broken the problem of curing cancer, and how to resurrect the “frozen man” is still an unsolved mystery. Liquid nitrogen tank for freezing

4. How is it now?

Although James failed to realize his last wish to be resurrected in 2017, his family said that the property left by James was enough to support the cost of the subsequent freezing, so they will continue to spend a lot of money to preserve James’s body and make him Continue to freeze until the day when science and technology are really developed to cure cancer and resurrect the “frozen man”. Today, James is still “sleeping” in the refrigeration facility care center, and there are hundreds of people waiting for the day of “resurrection”. Cryonics Many people find it very novel after hearing the story of James Bedford. It is true that “health and longevity” is a beautiful vision for each of us, but nowadays, using cryonics technology to wait for the “resurrection” day is more like Fantastic Nights. For ordinary people, the real secret of health and longevity lies in a good attitude and regular life. Instead of pursuing the “imagination” that can be realized when you don’t know when, it’s better to live every day steadily. What do you think What?

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

As of June 18th, a group of professionals led by NASA Administrator Nielsen began to make a big splash on June 18th, emphasizing that the United States must always “watch China”. Therefore, the Biden administration needs to allocate more funds to NASA. The Western world has also set off a wave of “China challenging the U.S. space dominance.”

For a time, from Beijing to Washington were passively involved in a space race. Few people thought that outside of China and the United States, there would be a third challenger in low-Earth orbit. It was when it confirmed the China-Russia joint moon landing plan, and at the same time announced that it would launch the “National Orbital Space Station” project in Russia in 2025. The space game between China, the United States and Russia has thus entered an accelerated phase.

Also on June 11th, Rogozin, President of the Russian Aerospace Corporation, clearly talked about the future plan of ROSS in an interview with the country’s largest-circulation tabloid “Komsomolskaya Pravda”.

Rogozin pointed out in a straightforward manner that although Russia will still launch the “Science” capsule for the International Space Station (ISS) as planned on July 15th, to ensure that the ISS can still operate as planned until its retirement in 2030. But Russia will also end its cooperative relationship with ISS after 2026 and begin to build its “replaceable parts” space station, and launch its first core module in 2025. RIA Novosti also pointed out in a report on the 11th that Russia plans to build a “modular” low-orbit, multi-functional space station.

In fact, the Russian Aerospace Corporation’s space station plan will have some clues in February 2021. After Rogozin reported his work plan to Russian President Putin on February 11, Putin emphasized on the same day that Russia should continue to advance the manned space project in a rhythmic manner. Since this instruction was issued almost at the same time as the memorandum on the Sino-Russian lunar research station project approved by Russian Prime Minister Mishustin on February 12, the outside world once thought that the limited-funded Russian manned space project might become the future Sino-Russian project. Part of the joint moon landing project.

However, as Russia announced its withdrawal from the International Space Station on April 18, 2021, and began to display its “Diamond 2” core cabin and other equipment preserved before the disintegration of the Soviet Union, the outside world discovered that Russia, which has an independent technical foundation, did not originally Satisfied with OEM space station facilities for the United States and assisting in the transportation of astronauts, Russian astronauts and decision-makers who still have memories of the Soviet era are brewing big moves.

The ISS project, launched in 1998, has become a symbol of humiliation in the Russian aerospace industry. Because one of the cores of the ISS, the “Star” functional module was originally the core of the “Peace 2” space station during the Soviet era. After the construction of the project was completed in 1985, after the disintegration of the Soviet Union, it was revised to the “Peace 1.5” program, which was used as a plan to extend the service life of the “Mir” space station. It was later modified in 1992 to include 5 space capsules. Peace 2″ plan.

However, as the United States abandoned its “Freedom” space program after 1990 and switched to purchasing and receiving Russian space supplies, after the disintegration, the Russian authorities quickly abandoned the “Peace 2” plan due to the economic situation. Russia originally planned The design for the “Peace 2” was finally integrated into the ISS.

At present, in the face of the fact that the United States owns 11 of the 15 module capsules of the ISS, Russia only owns 4 of them. After years of debate, Russia finally chose not to continue to contribute more to the US-led ISS. power. As Russia gradually determined a simple plan including core cabins, dedicated production cabins, logistics and logistics cabins, platform cabins, and commercial cabins after October 2020, the Russian Aerospace Corporation restarted the “Peaceful” program, including the “Diamond 2”. After the space capsule equipment based on the No. 2 program, the development and operation of the ROSS station became possible.

In a sense, the operation of the ROSS station may also be an important occasion for Russia to declare its space capabilities to China, the United States and European parties. When Rogozin announced at the recent space summit that Russia is discussing with France to transform the Guyana Space Center so that it can be used for manned space missions, Russia’s actions against the European Union also showed a reality, that is, low Earth orbit in the 21st century. Not only can it accommodate China and the United States, it may also accommodate Russia.

Just now, a new round of financial sanctions imposed by the United States on Russia formally came into effect. Since June 14, U.S. companies have been prohibited from buying Russian government bonds issued for the first time, and Russian government bonds issued in euros have also been included in the prohibition of buying, which was once called the “most powerful” punitive measure in the financial market.

Russia’s counterattack was also unrelenting. The Russian Ministry of Finance announced that it would change the structure of the National Wealth Fund in the next month, reducing the share of the US dollar to zero, and Russia almost completely emptied the US long-term national debt.

The timing of this round of competition between the two sides in the financial market is very sensitive. On June 16, local time, US President Biden and Russian President Putin will meet in Geneva, Switzerland for a US-Russian summit. On the eve of the summit, the capitals of the two parties have already released “ruthless words.” Therefore, the market expects that this meeting will be the fiercest political game.

The “most powerful” financial sanctions?The U.S. puts pressure on Russia again

According to CCTV News, since June 14, US financial sanctions against Russia have come into effect. The U.S. government prohibits domestic companies from buying Russian government bonds (in rubles) that are issued for the first time. Russian government bonds issued in euros are also included in the prohibition. However, U.S. companies are allowed to trade Russian government bonds on the secondary market.

So, how much impact will this punitive measure, regarded by the financial market as “the most powerful”, have on the Russian economy?

First, let’s look at the scale of Russian national debt issuance. According to the latest data from the Audit Office of the Russian Federation, as of the first quarter of 2021, Russian national debt has increased by 741.3 billion rubles (approximately RMB 64.4 billion) from the previous quarter. The total scale of Russian debt is as high as 19.7 trillion rubles (about 1.71 trillion yuan), accounting for 17% of Russia’s GDP.

At present, the government bonds of the Russian Federation held by foreign investors are about 2.7989 billion rubles, accounting for about 14% of the total size of Russian bonds, but this part of the government bonds are stocks that are normally traded in the secondary market and are not subject to the US sanctions. limit.

In addition, looking at the issuance of Russian government bonds, Gehrman Greev, President of the Russian Federal Reserve Bank, made it clear that Russia’s related bond issuance plan will be completed as scheduled. According to the Russian Ministry of Finance, starting from June 16, Russia will release its first national debt to the market, and will issue three national debts worth 500 billion rubles on the same day.

The British analyst firm Oxford Economics believes that because the United States only prohibits the purchase of Russian government bonds in the primary market, the sanctions have limited impact on the Russian government bond market, and are more symbolic. If sanctions (the United States against Russia) affect transactions in the secondary market, the threat effect will be very violent.

Faced with the entry into force of US financial sanctions, Russian Finance Minister Siluanov also strongly stated that Russian government bonds will still maintain a high demand rate and that sanctions will only cause losses to US companies.

In fact, this financial sanctions policy began in mid-April this year, when the U.S. government announced a series of measures to sanction Russia, including prohibiting U.S. companies from buying Russian initial treasury bonds, but they can buy and sell Russian treasury bonds on the secondary market. Effective from June 14, 2021.

At that time, the reasons for the sanctions given by the United States were that Russia interfered in the U.S. election, hacked the system, and a series of “hostile acts.” In addition to prohibiting U.S. companies from buying Russian government bonds, it also expelled 10 Russian diplomats. The U.S. Treasury Department Thirty-two Russian entities and individuals were sanctioned.

Fight back! Russia is going to dump the U.S. dollar and U.S. debt?

Russia has already begun to “strike back” against the US financial restrictions. On June 3, local time, Russian Finance Minister Siluanov stated at the St. Petersburg International Economic Forum that the Russian Ministry of Finance will change the structure of the State Wealth Fund within one month, in which the share of the US dollar will be reduced to zero and the share of the British pound will be reduced. At 5%, the yen will remain at 5%, the euro will grow to 40%, the renminbi will grow to 30%, and gold will account for 20%.

It is reported that the Russian National Wealth Fund was established to support the Russian pension system. Its funds can also be used to make up for the budget deficit during the crisis. It has now become an important part of the Russian Federation’s budget assets.

According to data disclosed on the official website of the Russian Ministry of Finance, as of May 1 this year, the total assets of the fund reached 185.87 billion US dollars, or 13.82 trillion rubles (equivalent to RMB 1.2 trillion), accounting for 12% of Russia’s GDP.

As of early May, the fund’s liquid assets were worth approximately US$119 billion, of which one-third (approximately US$41.5 billion) were in US dollars. This means that in the next month, the Russian National Wealth Fund will substantially sell US dollars.

On February 24 this year, the Ministry of Finance of the Russian Federation announced that it would include the RMB and the Japanese Yen in the National Wealth Fund. The two currencies accounted for 15% and 5% of the fund’s foreign exchange structure, respectively. At the same time, the share of the US dollar and the euro both fell to 35%, while the share of the British pound remained unchanged at 10%.

Russian President Press Secretary Peskov said in response to a question about the adjustment of the investment structure of the National Wealth Fund that de-dollarization is a long-term process visible to the naked eye. Not only Russia is de-dollarizing, but many countries in the world are also doing similar things. , Because these countries are beginning to worry about the reliability of the major foreign exchange reserve currencies.

Before March 2018, the U.S. dollar has been one of the most important foreign exchange reserves of the Russian Central Bank, accounting for as high as 43%-48%. Since then, as the United States has tightened sanctions against Russian companies and citizens, in order to minimize the risk of sanctions, the Central Bank of Russia began to continuously reduce the proportion of U.S. dollars in foreign exchange reserves. As of the end of 2020, U.S. dollars and U.S. dollar assets are in Russia’s international The share of reserves has dropped to 21.2%, and the share of gold and RMB has increased to 23.3% and 12.8%.

While Russia is selling the U.S. dollar, it is also reducing its holdings of U.S. Treasury bonds in a “clearing-out” manner. According to the latest data released by the US Treasury Department, in February this year, Russia almost completely emptied long-term US Treasury bonds (only US$306 million left), and reduced its holdings of US debt by US$389 million that month, and the final position dropped to US$5.8 billion. Compared with Russia’s highest holding of US debt, the cumulative sell-off ratio reached 94%.

Biden and Putin are about to meet, how to talk?

Behind the secret rivalry between the United States and Russia may be for the upcoming summit of US-Russian leaders.

According to the official website of the White House, US President Biden will meet with Russian President Putin in Geneva, Switzerland on June 16, local time.

At this point, Biden is already in Europe and has just finished attending the G7 summit. After three days of dialogue and consultation, the leaders of the G7 announced that they have reached a certain consensus on fighting the epidemic, rebuilding the economy, trade reform, and green transformation. It will be announced in the form of a summit communiqué.

China has been mentioned many times in the G7 Communiqué, and it even touched on issues such as Xinjiang, Hong Kong, and Taiwan. Subsequently, the spokesperson of the Chinese Embassy in the United Kingdom said in response to reporters that the G7 Communiqué published distorted and reversed remarks on Xinjiang, Hong Kong, Taiwan and other issues, deliberately slandered China, and arbitrarily interfered in China’s internal affairs. The serious violation of the basic norms of international relations has further exposed the sinister intentions of a few countries such as the United States. We are strongly dissatisfied and firmly opposed to this.

India, which is plagued by the epidemic, is also making small calculations. The Global Times quoted foreign media reports that India may join the G7 infrastructure plan, which aims to provide a so-called “value-driven, high-standard, and transparent” partnership against China. The Belt and Road Initiative.

If the G7 summit is a closed-door game of tongue war, then the probability that the US-Russian summit on June 16 will not make Biden so easy, and the meeting between Biden and Putin will likely be The fiercest political game.

In fact, from the series of signals released by the United States and Russia before the meeting, a strong smell of gunpowder can be smelled.

On June 6, Biden’s signed article in The Washington Post stated that the United States does not seek to conflict with Russia, but will not hesitate to respond to Russia’s harmful activities in the future. When meeting with Putin, he will emphasize again The United States, Europe, and like-minded democracies support the promise of human rights and dignity.

According to CCTV News, on June 4, local time, Russian President Putin spoke at the St. Petersburg International Economic Forum. Speaking of the upcoming summit of Russian-US leaders, he said that Russian-US relations are at a very low level, and he will work with US President Biden to find solutions to the problems of bilateral relations, and will discuss strategic stability, arms reduction, and the new crown epidemic. And other issues.

Putin pointed out that Russia and the United States have no differences, but the United States wants to contain Russia’s development. He said that the relationship between Russia and the United States has largely become a bargaining chip for the United States to govern its internal affairs, and hopes that this situation will end at some point.

In addition to the mutual temptation of the two heads of state on the verbal level, the wrestling of military forces between the United States and Russia has also become more frequent. On June 11, the National Defense Management Center of the Russian Ministry of Defense announced that the US Navy’s “Labourn” guided-missile destroyer had entered the Black Sea and the Russian Black Sea Fleet had begun to monitor it.

On the same day, the U.S. Pentagon suddenly announced that it would allocate 150 million U.S. dollars in security assistance to Ukraine to help Ukraine maintain its territorial integrity and improve its coordination with NATO. On the Russian side, the Russian Navy held the largest military exercise after the collapse of the Soviet Union to show off its muscles.

From this point of view, the secret rivalry between the US and Russia on the financial and military levels may be to increase the weight of the negotiations at the upcoming US-Russian leadership summit.

On June 14, local time, the Russian President’s website released Putin’s interview with NBC TV in the United States.

When answering questions about Sino-Russian relations, Putin said that the Sino-Russian strategic partnership has reached the highest level in history in recent years, and the two sides have maintained a high degree of trust and cooperation in political, economic, scientific and technological fields.

Putin emphasized, “We don’t think China is a threat to us. It is a friendly country. It does not declare us an enemy like the United States.” China’s development is obvious to all. China is a large and powerful country with a population of nearly 1.5 billion. In terms of purchasing power parity, China’s economy has surpassed that of the United States. Last year, China was Europe’s largest trading partner and the United States ranked second. But China’s strength will not worry Russia. One of the reasons is that Russia’s defense capabilities are at a very high level, but the most important thing is that the nature and level of Sino-Russian relations determines that Russia will not be wary of China’s development.

Putin also pointed out on the Xinjiang issue that he himself had the opportunity to meet with Uyghur representatives during his visit to China. He heard firsthand that the people generally welcome the Chinese government’s ethnic policies and affirmed that the Chinese government has done a lot of practical things for people living in Xinjiang in the economic and cultural fields.

Editor Zhou Yuhua of this issue

US President Joe Biden and his wife Jill on Thursday, June 10, met British Prime Minister Boris Johnson and his wife Carrie in front of a hotel overlooking the Carbis Bay. While the two leaders were happily chatting, two ladies Jill and Carrie took off their shoes and went to the sea to play with baby Wilfred – the one-year-old son of the British Prime Minister. Ms. Jill is a teacher and “expert” in childcare, as she and Mr Biden have seven grandchildren between the ages of one and 27. Therefore, she played very comfortably with Carrie and baby Wilfred. Two couples walking in the Carbis Bay resort. Photo: Reuters Photo: Reuters Ms. Jill Biden (right) and Mrs. Carrie Johnson (left). Photo: British Prime Minister’s Office The two ladies happily chat despite the age difference (Mrs. Carrie is 33 years old, and Mrs. Jill is 70 years old). Photo: British Prime Minister’s Office Photo: British Prime Minister’s Office Two ladies playing with little Wilfred. Photo: British Prime Minister’s Office Photo: British Prime Minister’s Office Photo: British Prime Minister’s Office Mrs. Jill’s outfit also attracted special attention, as she wore a flowing white Brandon Maxwell machine and a shirt with the word “Love” pinned on the back. “We brought here love from America,” said Ms. Jill. “This is an international conference, and we are trying to instill a spirit of solidarity across the globe.” Jill Biden’s “Love” shirt. Photo: AP Photo: AP Photo: AP This shirt of Mrs. Jill shows the opposite message to the jacket that was controversially worn by former First Lady Melania Trump in June 2018. On the back of Mrs. Melania’s shirt is printed with the words: “I really don’t care, how about you?” Melania wore this shirt while visiting immigrant children in McAllen (Texas). Two jackets carry opposing messages. In a later interview, first lady Melania insisted that her message had been misinterpreted, because the audience she wanted to target was the “hawkish” media.

EU-US summit Brussels and Biden – the sticking points

Status: 15.06.2021 2:04 p.m. Subsidies, punitive tariffs or relations with Beijing – the European Union and the USA are still fighting over a whole range of explosive problems after the change of power in Washington. An overview. The United States and the European Union are clearly trying to improve their relations again after the Trump presidency. Disputes in economic and geopolitics have been simmering for years. The new US President Joe Biden is as tough on some issues as his predecessor Donald Trump. On other questions, however, he showed a willingness to compromise in advance. When he meets EU leader Ursula von der Leyen today, these issues will be the main focus:

Subsidy dispute over Airbus and Boeing

For 17 years, the EU and the US had been fighting because they accused each other of improperly subsidizing their aircraft manufacturers Airbus and Boeing. Since Biden took office, there was a kind of armistice until July 11th. In the run-up to the summit, both sides had hoped to be able to resolve this dispute. In fact, the EU and US reached an agreement at today’s meeting. There is a breakthrough on the subject, said EU Commission President von der Leyen. This will open a new chapter in relationships – with cooperation instead of legal disputes. During Trump’s tenure, the United States had received permission from the World Trade Organization (WTO) to impose punitive tariffs of $ 7.5 billion on goods and services from the EU. Airbus aircraft were subject to a tax of 15 percent. A year later, Brussels also received WTO approval to impose punitive tariffs on US imports totaling four billion dollars.

October 18, 2019

Punitive tariffs on steel and aluminum

At the meeting between Biden and the EU leaders, the trade conflict over steel and aluminum will also come on the table. The commission hopes that the guest from Washington will agree to lift the punitive tariffs of 25 percent on European steel exports to the USA by December 1st. After Trump was voted out of office, Brussels decided not to raise its tariffs on whiskey, jeans or Harley-Davidson motorcycles as planned on June 1. Now it is up to the USA to turn words into deeds, says Deputy EU Commission President Valdis Dombrovskis. Trump had accused the EU of unfair trade practices and imposed punitive tariffs on imports in this area in June 2018. As a result, European steel exports to the USA rose by 25 percent and exports of aluminum by ten percent.

05.03.2021

Digital tax and data security

Brussels also sees a need for discussion regarding the taxation of digital content from US technology companies such as Google, Apple, Amazon and Facebook. The EU accuses companies of skilfully shifting their sales and profits to avoid tax payments in the EU. A Europe-wide tax for digital corporations has therefore been discussed in the EU for years. France and other EU countries have already introduced national digital taxes. In the meantime, both sides within the Organization for Economic Co-operation and Development (OECD) have agreed to start negotiations on the taxation of digital content. Brussels and Washington are also looking for a new agreement to enable the exchange of personal data from the EU to the US. This is important for the business models of the US digital corporations. The European Court of Justice overturned the so-called Privacy Shield Agreement last year because it did not adequately protect European data from access by US authorities and secret services.

11/25/2020

Further consideration for Nord Stream 2?

The German-Russian gas pipeline Nord Stream 2, which is supposed to double the capacity of Russian deliveries through the Baltic Sea, could also cause some tension at the meeting. She wasn’t just a thorn in Trump’s side. Biden also rejects the almost finished project – but obviously does not want to jeopardize the transatlantic partnership, which has just recovered. The US fear that Moscow has a means of political leverage in the pipeline. The planned start of Nord Stream 2 was delayed by US sanctions under Trump. In a gesture to Berlin at the end of May, Biden’s government decided not to impose sanctions on the operating company Nord Stream 2 AG and its German managing director. Washington wanted to create space for talks with the federal government.

analysis 05/20/2021

Relations with China

As far as relations with China are concerned, things seem to have calmed down a bit. The fact that the EU reached an investment protection agreement with Beijing without waiting for Biden’s inauguration to coordinate with the new US president was clearly disapproved in Washington. There one expects more support from the Europeans against the Chinese rival. The EU has since put the deal with China on hold and is unequivocally opposed to unfair trade practices and human rights abuses. After the EU imposed sanctions on the situation of the Muslim Uyghur minority in the Chinese province of Xinjiang, Beijing responded with sanctions against EU politicians and scientists. The European Parliament then refused to ratify the agreement. With information from Matthias Reiche, ARD-Studio Brussels

07/30/2020

The Women’s Volleyball World League is scheduled to be held in the Italian city of Rimini. However, the head coach Mazzanti teamed up with Egnano and Sila to miss out, giving up home court advantage in preparation for the Tokyo Olympics to rush for the championship. The Chinese women’s volleyball team played an Italian substitute in the 12th round of the World League, benefiting from the overall dominance of offensive 47-37, blocking 6-2 and serving 6-3, and lost 9 points from 7-16 in their own turnovers and lost three straight games. With a 3-0 (25-19, 25-11, 25-19) victory, Li Yingying won the single-game scoring champion with 19 points.

The Belgian women’s volleyball team was defeated by Japan 1-3 (25-23, 22-25, 21-25, 21-25) in the fourth round of the fierce battle of the Belgian women’s volleyball team. In the three rounds, Serbia was cleared by 3-0 (25-8, 25-17, 25-23). ​​Evergrande’s former foreign aid attacked Koseleva with an injury and won 3 points in the first round. Lova) only played two games to win 8 points; on the other hand, the Netherlands fought hard in four games to 1-3 (23-25, 25-23, 28-30, 22-25) to surrender Dominica.

The 12th round of the German women’s volleyball league in the world also gave Poland 3-0 (25-23, 25-20, 25-23); the Korean women’s volleyball team fought 3-2 (15-25, 25-18, 27-) in five rounds. 29, 25-20, 21-19) Reversing and defeating Canada, the comeback heroes are to pick up Park Zhenya and Jin Ruanjing each with 24 and 23 points. The Brazilian women’s volleyball team defeated Thailand 3-0 (25-11, 25-14, 25-10) in three straight games, while the United States fought 3-1 in four games (25-21, 23-25, 25-15, 25). -14) Captured Zhu Ting’s overseas foreign teacher Guidetti to lead Turkey.

Zhu Ting truce with Zhang Changning and Li Yingying as the main offensive team. Although Lang Ping was in charge of the 12th round of the Chinese Women’s Volleyball League, he gave away 3-0 to Italy in straight games, but he still finished 7 wins, 5 losses and 21 points. Ranked 8th, there is 2 wins and 3 points gap with 4th place Turkey with 9 wins, 3 losses and 24 points. It is extremely difficult to overtake the remaining three rounds. According to the 13-15th round of the schedule, the women’s volleyball girls have recruited Russia, Poland and the United States one after another. While striving for a complete victory, they also need to hope that Turkey loses.

The U.S. women’s volleyball team topped the league table with 12 wins, 0 losses and 36 points, and even lead 4th place. Turkey has 4 wins. With three rounds left, it has secured the top four ahead of schedule thanks to the advantage of the win. Shanghai Overseas aided Larsen and Beijing’s Diagonal Bach and Evergrande’s foreign aid Robinson became the heroes. The Japanese women’s volleyball team rose by 2 to third with 9 wins, 3 losses and 25 points, closely following Brazil’s second place with 10 wins, 2 losses and 31 points. The latter sits on Evergrande’s double foreign aids Tandara and Figare, but the age structure is biased Greatly buried hidden dangers for the subsequent impact of medals.

The 5th and 7th places in the Women’s Volleyball World League are Russia 8 wins 4 losses 23 points, the Netherlands 8 wins 4 losses 23 points and Dominica 7 wins 5 losses 23 points, of which the Dutch win-loss ratio 1.5 beats Dominica 1.3 rankings. The 9th to 16th places are Belgium 5 wins, 7 losses and 11 points, Serbia 4 wins, 8 losses and 14 points, Poland 13 points, Germany 12 points, Canada 3 wins, 9 losses and 11 points, South Korea 9 points, Italy 2 wins, 10 losses and 9 points. Thailand has 1 win, 11 losses and 3 points. Due to the disadvantage of the win, it missed the semi-finals of the world league ahead of schedule. (Ren Yuyin)

Temporary rankings for the 12th round of the 2021 Women’s Volleyball World League:

1. The United States (12 wins and 0 losses 36 points, win-loss ratio 12.000, win-loss ratio 1.380, advance to the semi-finals three rounds in advance)

2. Brazil (10 wins, 2 losses, 31 points, 3.666 wins and losses, 1.315 wins and losses)

3. Japan (9 wins, 3 losses, 25 points, win-loss ratio 1.800, win-loss ratio 1.102)

4. Turkey (9 wins, 3 losses, 24 points, odds ratio of 1.764, 1.067 points of victory)

5. Russia (8 wins, 4 losses, 23 points, win-loss ratio 1.588, win-loss ratio 1.087)

6. The Netherlands (8 wins, 4 losses, 23 points, win-loss ratio 1.500, win-loss ratio 1.067)

7. Dominica (7 wins, 5 losses, 23 points, win-loss ratio 1.300, win-loss ratio 0.998)

8. Chinese women’s volleyball team (7 wins, 5 losses, 21 points, win-loss ratio 1.238, win-loss ratio 1.042)

9. Belgium (5 wins, 7 losses, 11 points, win-loss ratio 0.580, win-loss ratio 0.914)

10. Serbia (4 wins, 8 losses, 14 points, 0.703 win-loss ratio, 0.909 win-loss ratio)

11. Poland (4 wins, 8 losses, 13 points, 0.750 wins and losses, 0.987 wins and losses)

12. Germany (4 wins, 8 losses, 12 points, 0.615 win-loss ratio, 0.933 win-loss ratio)

13. Canada (3 wins, 9 losses, 11 points, win-loss ratio 0.566, win-loss ratio 0.856)

14. South Korea (3 wins, 9 losses, 9 points, 0.419 win-loss ratio, 0.898 win-loss ratio)

15. Italy (2 wins, 10 losses, 9 points, win-loss ratio 0.516, win-loss ratio 0.927)

16. Thailand (1 win, 11 losses, 3 points, win-loss ratio 0.176, win-loss ratio 0.746)

Prices rise by five percent Highest US inflation since 2008

Status: 10.06.2021 5:44 p.m.

In the USA, consumer prices have risen as sharply as they did almost 13 years ago – which is felt above all by car buyers. The European Central Bank also expects higher inflation in the euro countries. Is it just a short-term phenomenon or is inflation now making its big comeback? In the USA there is a growing fear of ever higher prices. Some are already pulling Parallels to the 1970s when President Jimmy Carter failed to get a grip on high inflation and job misery. Although the USA is still a long way from the double-digit inflation rates of that time, the price jumps are getting bigger from month to month. After inflation had risen above four percent in April, it has now climbed to 5.0 percent in May. That is the highest rate since August 2008. Experts had only expected an increase in the cost of living of 4.7 percent. “The dreaded five has become a reality,” said market observer Thomas Altmann from investment management company QC Partners.

Federal Reserve under pressure

The strong growth impressively proves that the price surge in April was not a slip-up, said LBBW analyst Dirk Chlench. “The US Federal Reserve is coming under increasing pressure to reconsider its view that the recent price hikes are only of a temporary nature.” As in April, the prices for used cars turned out to be the biggest inflation driver. They rose again strongly – and, according to the US Department of Labor, accounted for around a third of the monthly price increase.

Core inflation at its highest level since 1992

Particularly alarming is core inflation, which excludes volatile components such as energy and food. It climbed 3.8 percent in May. The last time there was such a sharp increase was in 1992. In April, the core inflation rate was 3.0 percent. The end of the corona lockdowns and the trillion dollar cash injections by the US government have been driving inflation in the US for months. Prominent economists like Larry Summers, Olivier Blanchard and Mohamed El-Erian warn against underestimating the danger. According to Blanchard, the high government spending under US President Joe Biden could overheat the economy.

Just a passing trend?

Most economists are still looking at the trend with serenity, however. In their opinion, the development is mainly based on temporary factors. The US service sector is back in normal mode in many places. Prices for air travel and hotel accommodation are picking up again and are well above the previous year’s level, says chief economist Thomas Gitzel from VP Bank. “So there are so-called base effects at work once more.” At the same time, the shortage of semiconductors is now at least indirectly affecting consumer prices. If there are no new cars due to a lack of semiconductors, customers switched to used cars. These would have become significantly more expensive. Gitzel predicts that the price level will slowly drop from a high level in the summer months. The US Federal Reserve (Fed) claims that inflation will only pick up temporarily. Because compared to the previous year, the economic downturn in the Corona year 2020 resulted in high rates of price increase. That is why the central bank has not yet seen itself under pressure.

Little movement on Wall Street

Wall Street barely reacted to the renewed surge in inflation. The Dow Jones rose by 0.6 percent, the S&P 500 even jumped to a record high. The US dollar gained against the euro. So investors do not anticipate a tightening of monetary policy in the US for the time being. In the eurozone, too, the money locks are still strongly open. The European Central Bank (ECB) is sticking to its trillion-dollar anti-corona crisis program (PEPP) and plans to expand bond purchases in the next quarter compared to the first three months of the year. In doing so, the central bank wants to avoid tightening the financing conditions for companies, states and private households.

ECB raises inflation forecast

The rising inflation hardly worries the euro watchdogs . The higher euro will dampen inflation, said ECB President Christine Lagarde. Nonetheless, the ECB raised its inflation forecast. According to the central bank, inflation should be 1.9 percent in 2021. In March, the ECB was still assuming an increase of 1.5 percent. For 2022, the monetary authorities expect an annual price increase of 1.5 percent and for the following year unchanged at 1.4 percent. According to the ECB, inflation that is too high can lead to a price spiral. Higher prices mean consumers get less goods for their money. So they demand higher wages in order to be able to maintain their standard of living. In turn, in order to pay the higher wages, companies continue to raise the prices of their products. On the other hand, permanently low prices are seen as a risk for the economy: companies and consumers could then postpone investments – in the hope that it will soon become even cheaper. In the medium term, the ECB is aiming for an annual inflation rate of just under two percent. In Germany, the inflation rate is already above this level. In May the Consumer prices compared to the same month last year by 2.5 percent , the highest value since September 2011.

After a hacker attack Meat producer JBS pays ransom

Status: 10.06.2021 7:13 a.m.

The world’s largest meat company JBS has apparently paid a ransom of $ 11 million after a cyber attack by hackers. It was another incident in a series of corporate blackmail cases in the United States. The US subsidiary of the Brazilian meat processor JBS paid the equivalent of eleven million dollars in ransom after a hacker attack. The payment was made to prevent further disruption by the hackers and to restore the smooth operation of the affected locations, said the Dallas-based company. According to the US media, the payment was made in Bitcoin. According to the US government, the company had received a ransom note from a criminal organization likely based in Russia. The attack paralyzed JBS production in Australia and affected Canada and the United States.

“A difficult decision”

“This was a very difficult decision for our company and for me personally,” explained Managing Director Andre Nogueira. “However, we felt that this decision had to be made in order to avoid any potential risk to our customers.” The investigations are still ongoing, but preliminary results have suggested “that no company, customer or employee data has been compromised.”

US investigators suspect Russia is behind it

US President Joe Biden said last week that investigators had linked Russia to the JBS case. “JBS USA was in constant contact with government officials throughout the incident,” the company said. In the USA, the state and business are currently fighting a series of attacks with blackmail software known as “ransomware”. The data of the attacked systems are encrypted. The hackers demand cash payments in cryptocurrency so that they can unlock access again and not publish the data.

Ransom payment in Bitcoin

The US utility company was also last month Colonial pipeline The victim of a hacker attack with a blackmail Trojan that temporarily shut down the entire pipeline network. The US Federal Police FBI blames a hacker group called “Darkside” for the attack and later tracked down the ransom of 75 Bitcoin that Colonial had paid – at the time it was worth $ 4.4 million.

Competition with china US Senate passed Billion program

Status: 09.06.2021 09:01 a.m.

With a $ 250 billion program, the US wants to make up economic ground against China. The aim is semiconductor production and the research area Artificial Intelligence. The US Senate has passed a huge investment program in research and technology. Across all parties, the senators voted in favor of the package of measures designed to strengthen the US economy in competition with China. One of the goals is to advance the production of semiconductors in the USA and research in the field of artificial intelligence. Senate Democratic Majority Leader Chuck Schumer said after the vote: “If we don’t do anything, our days as the dominant superpower could be numbered.” US President Joe Biden was satisfied with the Senate decision: “We are competing for victory in the 21st century and the starting shot has been fired.” The US would have to maintain its position as “the most innovative and productive nation in the world”, according to Biden.

Production capacities decreased

According to the White House, the proportion of semiconductor production capacity in the US has fallen from 37 percent to around 12 percent of global production over the past 20 years. US companies are dependent on foreign countries, in particular on countries in Asia, which is a risk in the supply chain. Currently, many automakers and electronics manufacturers are struggling with not enough chips on the market. Among other things, the surge in demand for notebooks and other computer technology during the pandemic led to the shortage of semiconductors.

Discover the technologies of tomorrow

President Biden said the bill will enable the US to discover, manufacture and improve tomorrow’s key technologies – from artificial intelligence to computer chips to lithium batteries used in smart devices and electric vehicles – in the United States United States. The House of Representatives must also give its approval for the Investment Act to come into force. According to the US media, it could meet with resistance there.

Disclosure report Bezos, Musk and Co. hardly paid any taxes

As of: 06/09/2021 05:04 a.m.

A new report reveals that the richest Americans hardly pay any income tax – among them Amazon founder Bezos and Tesla boss Musk. The tax authority wants to determine how the confidential data became public. By Torsten Teichmann, ARD studio Washington In 2007, multibillionaire Jeff Bezos didn’t pay a dime in US income tax. In 2011, too, the Amazon founder offset his income against losses so much that the US tax authority IRS granted him an income-related child allowance of 4,000 US dollars. This had often been speculated about. But now the numbers are known. The foundation for investigative journalism ProPublica quotes from Bezos tax return. These tax tricks are not illegal. But the network of loopholes and discounts remains denied to most Americans due to lack of assets. They move from salary to salary, as US President Joe Biden complains time and again: “Sometimes I argue with friends in the Democratic Party about it: It’s okay to be a billionaire or a millionaire, but pay your fair share.”

What tax amounts are fair for the rich?

But how much should the top 0.01 percent in the US contribute financially to society? There is a dispute about this. The ProPublica report rekindles this debate. The foundation has obtained official tax documents from thousands of the richest Americans, says the journalist Jesse Eisinger involved in the NPR radio station. They cover a period of 15 years. ProPublica initially refers to the reported income from the tax returns of the 25 richest Americans and the increase in wealth over the period that is not taxed. In addition to Bezos, Tesla founder Elon Musk, Facebook boss Mark Zuckerberg and New York’s ex-Mayor Michael Bloomberg will be there.

If we look at the actual tax on capital growth – which is essentially your income – then its tax rate is 3.4 percent. For people like Jeff Bezos or Warren Buffet, it’s even less.

Far from the top tax rate of 37 percent

The investor Warren Buffet paid 0.1 percent tax on income and asset growth between 2014 and 2018, ProPublica calculates. At Bezos it is just under one percent. Americans pay an average of 14 percent income tax. The top tax rate would be 37 percent. America’s billionaires are far from that. The Biden administration reacted cautiously to the findings. Any unauthorized publication of government documents is against the law, said Biden’s spokeswoman Jen Psaki. The Ministry of Finance is trying to clarify how the tax returns have come to the public.

Generally speaking, we know that more needs to be done to ensure that businesses and high-income citizens do more of their fair share. This is what the President says in his proposals, in his budget, and this is how he wants to pay for his proposals. A government proposal provides for higher taxes for households with an annual income of more than $ 400,000. According to the ProPublica report, however, it is completely unclear whether a corresponding reform will generate additional income as long as the loopholes in the tax laws of the USA are not closed.

However, such a small town has been ranked as the richest town in the United States for many years, and its wealth will definitely refresh your new understanding.

Although it is more than 40 minutes away from the city center, it is only a dozen minutes away from the world’s most influential headquarters of Google, Tesla, and Facebook.

However, the people who live in suburban towns are not employees of these high-tech groups, but a large group of presidents.

More than a hundred years ago, Atherton was originally the most common agricultural town in the southern suburbs of San Francisco.

Later, with the rapid development of San Francisco, Silicon Valley gave birth to many high-tech companies that affected the world. Atherton, far away from the city center, had a quiet life and became a place where many CEOs bought real estate.

In just a few decades, Atherton’s housing prices soared like a rocket.

The most common house today is as high as 7 million U.S. dollars, and some large-scale luxury houses require more than 30 million U.S. dollars.

If it is some well-built manor, the price of more than 100 million US dollars is not surprising.

The reason why it is loved by these wealthy people is that Atherton is not far or near in distance, it can avoid the hustle and bustle of the city center, it can also provide a certain degree of privacy for the wealthy, and it can also facilitate work.

In addition, it is also a small town with investment value.

Over the past ten years, Atherton’s housing prices have risen by a minimum of about three times. If it was purchased 10 years ago, the price of a villa today is comparable to a huge windfall.

Of course, for those listed CEOs, Atherton’s real estate is just one year’s income. Living in Atherton is more of an identity in the circle.

Imagine that your neighbor is either the CEO or the chairman of a world-class company. This kind of high-level social interaction is itself a resource.

Children in public elementary schools are still descendants of high elites. In such an elite-to-elite atmosphere, the descendants educated by them will not be bad.

For example, there is an equestrian club in the town, and its membership costs hundreds of thousands of dollars a year.

In daily life, rich people can take their families to ride horses, and horse races and other activities are held every year.

But most of the time, its existence is dedicated to the social services of the rich.

In fact, Atherton’s package is not perfect.

When we buy a house, we will consider supermarkets, commercial districts, subways, hospitals, parks, schools and other facilities. But except for a park and three public elementary schools, Atherton’s daily life is not convenient.

For example, if you have to drive to the city center for shopping, you have to drive more than ten minutes to a big town for meals.

Of course, the lives that we ordinary people consider are trivial matters to the rich, and naturally someone will handle such trivial matters.

For the residents of Atherton, being clean and undisturbed is what people want.

In Atherton during the day, people are often not visible on the sidewalk.

The manor houses and villas of every house are tightly fenced to avoid being snooped by strangers.

The exquisite and luxurious mansions are like small worlds. People do not disturb each other. This is the life circle of the rich.

There are about 7,000 residents living in Atherton.

Except for the aboriginals, all those luxury houses were purchased by the rich in Silicon Valley, so Atherton was also dubbed the CEO town by outsiders.

Here, meeting a CEO with tens of millions of dollars in assets is not unusual.

The gathering of the rich has made Atherton’s per capita income far ahead every year.

According to the latest calculations, Atherton’s family has an average annual income of more than 520,000 U.S. dollars, and an annual income of 500,000 U.S. dollars (approximately RMB 3.4 million) is still the “poor” at the bottom of the town.

And this is still an average. What is the annual income of those top families?

Etna Park. Lauria Castle Lauria Castle is located in the center of the town of Castiglione, born as a defensive fortress of the city on sandstone, surrounded by majestic defensive walls, it forms a perfect military defense with the rest of the Alcantara valley. From the highest point of the castle, visitors can enjoy a panoramic view of the valley. Currently, the castle only has the bell tower and some ruins of the walls and passages. Cuban Byzantine Church Near the Castiglione di Sicilia you can find a typical Byzantine building called Santa Domenica Cuba, one of the very few buildings of this architecture still standing in Sicily. This church is in the shape of a Greek cross with a square plan, a dome. Built of lava stone, stucco, and terracotta, Santa Domenica Cuba has been a national monument since 1909. The Alcantara . gorges Alcantara River Park is one of the most beautiful parks in Sicily. The fast-flowing Alcantara River has magnificently sculpted the surrounding area to its liking. Next to it are deep gorges with lava basalt walls created by the ancient eruptions of the Etna volcano. Therefore, it is said that the scenery here gives visitors a sense of the strange power of water and fire. Etna Park Etna Park is a protected natural area whose main purpose is the absolute preservation of the Etna Range, a world heritage site. This park is home to many animals such as hedgehogs, foxes and Etna wild cats… It also has a luxuriant flora including chestnuts, olives, oaks, birch, Etna broom… with vibrant colors, effectively contrasting with the black color of the lava rock. Piano Provenzana ski area. Piano Provenzana . ski area Piano Provenzana is a ski area located just a few minutes from town. A magical and fascinating place that combines the beauty of the typical alpine landscape with the landscape of the sea. From above, visitors can admire the whole area with 360-degree views.

Missile Truong Chinh 5B. Photo: AFP On April 29, the missile Truong Chinh 5B, 30 meters long and weighs more than 21 tons, was launched into space, bringing the first module of Thien Cung space station into orbit. Since then, China’s largest missile started a free fall, raising fears that its remains would not be burned off and could fall into a residential area. Finally, on May 9, the China Manned Space Engineering Office confirmed most of the missile’s components were separated and burned when they crashed into the atmosphere. Particularly the rest fell into the western waters of the Maldives in the Indian Ocean. For many who followed the incident, the above information helped them breathe a sigh of relief. However, the China Global Times accused US scientists and the US Aerospace Agency (NASA) of “acting contrary to conscience”. The newspaper said that the American scientific community was jealous of China’s remarkable progress in space technology, and argued that its “exaggerated and defamatory efforts” were not working. China was slow in space exploration, launching its first satellite in 1970, 13 and 12 years after the former Soviet Union and the US did the same thing. But in recent decades, Beijing has accelerated in a space race, most prominently becoming the first country to launch a probe (Hang Nga-4) into the shadow of the Moon in 2019. Last year. , Hang Nga-5 spacecraft even successfully collected and brought rock samples from Ms. Hang to Earth. China justifies how to handle the missile Regarding the Truong Chinh 5B missile incident, NASA Director Bill Nelson on May 9 criticized China for its irresponsibility and transparency in reducing the risk of space objects returning to the atmosphere. Beijing “did not meet responsibility standards” in dealing with space debris, he said. In response, Chinese Foreign Ministry spokesman Hoa Xuan Oanh said the country was being treated unfairly. Ms. Hoa cited the case when the rocket fragment of SpaceX Space Company (USA) fell on a farm in Washington state in March, the flag country media used “romantic words” like “shooting star”. lighting up the night sky ”to describe. But when it’s China’s turn, it’s a completely different approach. Ms. Hoa emphasized that China has closely watched the missile’s path and made advance notices on the situation of reintegration. According to Zhang Borong, a missile design engineer at the China Academy of Launching Equipment Technology, it is incorrect to say that Changzheng 5B’s atmospheric reintegration case is unpredictable of the dropping point. It is not possible to make an accurate prediction because the re-import process can be affected by many factors, including small changes in the compressed air environment. No country has the ability to accurately predict the shape, size or number of these missiles’ debris or their grounding range, Zhang said. However, it is unclear why China put the core of the missile into orbit, instead of leaving the rocket in the lower orbit as other countries do to ensure the safety of the ground when it is. re-enter. Usually, rocket manufacturers take precautions to avoid falling debris, but the Truong Chinh 5B missile does not have a power steering, stabilization system and restartable engine. Truong Chinh 5B is the largest space object returned to Earth in a state of “out of control” for nearly three decades. The missile is just one of 11 launches that Beijing needs to take to bring the entire module of the Tianjing Space Station into orbit. HANH NGUYEN (According to CNN)

The Colonia company had to shut down the fuel pipeline after a cyber attack. Photo: AP. Leading American fuel pipeline company Colonial shut down its entire network that supplies nearly half of the fuel to the US East Coast, following a May 8 ransomware ransomware attack. Every day, the Colonial company ships 2.5 million barrels of gasoline, diesel, jet fuel and other products through a 850-kilometer pipeline connecting the eastern and southern coasts of the United States. The company has shut down systems to stop the threat after learning about the attack. According to sources, hackers are most likely a highly professional cybercrime group. And the malware used in the attack is ransomware. Ransomware is a type of malware designed to lock systems by encrypting data and taps money to regain access. This malware has become popular in the past 5 years. The Colonial Company has invited a third-party cybersecurity company to conduct an investigation and contacted law enforcement and other federal agencies to initiate an investigation. Colonial provided no further details or said how long their fuel lines would be closed. “Cyber ​​vulnerabilities have become a systemic issue,” said Ms. Algirde Pipikaite, Head of Network Strategies at the World Economic Forum’s Cyber ​​Security Center. Without measures to protect cybersecurity, attacks are occurring more often on industrial systems such as oil and gas pipelines or water treatment plants. In 2017, Colonial shut down its gas distillation and production lines during Hurricane Harvey that hit the Gulf Coast. That contributes to tight supply and price increases in gasoline in the US.

The new factory demonstrates Spartronics’ s commitment to long-term investment in Vietnam. Photo: TL Spartronics LLC – a manufacturer of electronic and mechatronic complexes for civil aviation, defense, aerospace, control, life sciences and healthcare, just officially started construction. new machine in Binh Duong, Vietnam. This newest and most state-of-the-art factory will enhance its advanced electronics manufacturing and machining capabilities. Located in the vicinity of the city. Ho Chi Minh City, the new factory is expected to officially go into operation in March 2022. The new factory has an area of ​​27,000 m2 and is equipped with rooftop solar power system, has an area of ​​four times. The Company’s current factory is located near major airports and seaports. Located in Nam Tan Uyen Industrial Park, this factory will replace the company’s existing factory located in Binh Duong province. All ISO certifications and customer reviews and certifications will also be transferred to the new factory. Spartronics factory in Vietnam specializes in manufacturing electronic complex products, mechatronics for civil aviation, medical equipment, measuring and control equipment in industrial environments that require precision. high body. The entire value chain is located in Vietnam, including the provision of engineering services, sample production, manufacturing, supply chain management and after-sales service. “For our company, Vietnam occupies an important position, not only because of the rapid development in the region but also a key position in the development strategy of the Group. The new factory demonstrates a commitment to long-term investment in Vietnam, helping to maintain customers’ high expectations for product and service quality and contribute to driving growth along with customer growth ”, said Paul Fraipont – President and CEO of Spartronics Group.

Three men and a woman set off for the International Space Station in a “Crew Dragon” from the private space company SpaceX. The four astronauts were launched in the morning with the help of a Falcon 9 launcher from the Cape Canaveral spaceport in the US state of Florida, announced SpaceX and the US space agency NASA. Due to unfavorable weather forecasts, the start originally planned for Thursday had been postponed to today. The four astronauts are expected at the ISS on Saturday.

For the first time an ESA astronaut on board

The “Crew-2” consists of the two US astronauts Shane Kimbrough and Megan McArthur as well as their Japanese colleague Akihiko Hoshide and the French Thomas Pesquet. Pesquet is the first astronaut from the European space agency ESA to fly to the ISS on board a “Crew Dragon”. This is the second crew to be promoted to the ISS by SpaceX. The first docked with the ISS in November. They are scheduled to return to Earth at the end of April. “Crew-1” was the first to fly regularly with the “Crew Dragon” to the ISS after a manned test last spring was successful. After a break of almost nine years, the test was the first time astronauts were launched into orbit from American soil. And it was the first time ever that they were promoted by a private space company. SpaceX had previously only transported cargo to the ISS.

NASA no longer builds missiles

SpaceX is the space company of Elon Musk, who wants to open up space as a new field of activity. The US agency NASA has withdrawn from building rockets.

Groundbreaking ceremony of Spartronics Vietnam Factory in Binh Duong Spartronics factory in Vietnam specializes in manufacturing electronic complex products, mechatronics for civil aviation, medical equipment, measuring and control equipment in industrial environments that require precision. high body. The entire value chain is located in Vietnam, including the provision of engineering services, sample production, manufacturing, supply chain management and after-sales service. “For our company, Vietnam occupies an important position, not only because of the rapid development in the region but also a key position in the development strategy of the corporation. The new factory demonstrates a commitment to long-term investment in Vietnam, helping to maintain customers’ high expectations for product and service quality and contribute to driving growth along with customer growth ”, Mr. Paul Fraipont – Chairman and General Director of Spartronics Group – said. Spartronics Vietnam’s reputation is built on efficient and stable performance, customer satisfaction and investment in development. Over the years, Spartronics Vietnam has won prestigious awards such as: One of the best places to work in Asia, Excellent Enterprise of the Asia-Pacific, Excellent Enterprise of Vietnam, 10 Best Brand in Vietnam, Excellent Growth Business in Asia – Pacific, and Best Supplier of the Year title awarded by the customer.

New Spartronics Vietnam factory in Nam Tan Uyen Industrial Park will strengthen the production capacity of electronic and mechatronic complex products for the civil aviation industry, medical equipment, and measuring and control equipment. Located in the vicinity of Ho Chi Minh City, the new factory is expected to officially go into operation in March 2022. The new factory covers an area of ​​27,000 square meters and is equipped with rooftop solar power systems, four times the size of the company’s current factory and located close to major airports and seaports. This factory will replace the company’s existing factory located in Binh Duong province. All ISO certifications and customer reviews and certifications will also be transferred to the new factory. Affirming that Vietnam occupies an important position not only because of the rapid development in the region but also a key position in the development strategy of the group, said Paul Fraipont, President and CEO of Spartronics Group. , also emphasized: “The new factory demonstrates a commitment to long-term investment in Vietnam, helps maintain customers’ high expectations for product and service quality and contributes to the growth in growth. Chief of the customer ”. Over the years, Spartronics Vietnam has won prestigious awards such as: One of the best places to work in Asia, Excellent Enterprise of Asia-Pacific, Excellent Enterprise of Vietnam, 10 Best Brand in Vietnam, Excellent Growth Company in Asia – Pacific and the title of Best Supplier of the Year awarded by the customer …

On April 20, local time, Japan convened a plenary meeting of senators, and Yoshihide Suga issued a congressional report on his previous visit to the United States.

A Japanese congressman asked Yoshihide Suga: “Will Japan follow the US military strategy towards China and intervene in the Taiwan issue?” Yoshihide Suga responded and emphasized that although the joint statement mentioned Taiwan, Japan would not. There will be considerations of military involvement in the conflict in Taiwan.

I have to say that Japan turns its face faster than it turns a book. At this time, Taiwan is probably more panicked. The Taiwan Democratic Progressive Party, which “kneeled” at the sight of the United States and Japan, never thought that there would be today.

Japan’s Taiwan issue has reversed, fearing security threats

Some analysts pointed out that Japan’s “ambiguity” attitude on the Taiwan issue is because if it clearly states its position, it will pose a threat to Japan’s own security.

According to “Multidimensional News”, the joint statement of the US-Japan summit mentioned and clarified the Taiwan issue for the first time in 52 years. This is the second mention of the Taiwan issue since 1972 after the restoration of normal diplomatic relations between China and Japan.

In front of the “big brother” of the United States, the “little brother” of Japan followed “everything China must turn against” and declared that “it is expected that those involved can peacefully resolve the Taiwan issue through direct dialogue.” The United States’ high threat to China is naturally Japan’s consistent position. To “the stability and peace of the Taiwan Strait is of great significance.”

When asked why the Taiwan issue should be mentioned in the joint statement, Yoshihide Suga said that “this is taking into account the changes in the military balance between mainland China and Taiwan and other factors.”

Right now, when Japan was asked about “Japan can provide support to the US military no matter what the situation is,” Yoshihide Suga responded that “it is difficult to generalize.”

It is hard to imagine that Japan has to be “cautious” on the seesaw that balances China and the United States to avoid stepping on thunder.

Japanese analysts pointed out that Yoshihide Suga is in a predicament on the Taiwan issue. If he does not say anything, it may have a bad influence on the “Japan-US Alliance”. However, Yoshihide Suga must be clear to his own nationals at this time. Said that Japan will not go to war for Taiwan.

It can be seen that in this “U.S.-Japan summit”, the United States hopes that Japan can show a clear attitude to support “Taiwan independence”, but Yoshihide Suga often uses words such as “peace and stability” to express it. It seems that Japan I also know that China is not easy to mess with on the Taiwan issue.

Taiwan keeps provoking, the United States keeps arguing, and allies can hide if they can.

The current situation in Taiwan makes people worry when they look at it. The Taiwan authorities “reverse every time China”, “Taiwan independence” forces continue to provoke, and the United States does not forget to fan the flames on the other side of the ocean. The Democratic Progressive Party of Taiwan, which has been seeking the “protection” of the United States, has been “a slave-like” and has continued to please. However, the United States has also discovered that in the face of China’s strength, the United States has long been unable to dominate Taiwan’s destiny.

At present, the international situation is chaotic and the US “hegemony” status is at stake. The Biden administration is still reluctant to let go of the “pawn” of Taiwan.

The United States has been trying to pull its allies to accumulate energy, but the funny thing is that whether it is the United Kingdom, which loves to contribute to the flames, or the Japan, which is always standing at the feet of the United States, one silently turns and the other turns.

Obviously, the Biden administration will not act rashly when seeing such a situation. In the end, only the Taiwan Democratic Progressive Party is incapable of “screaming.”

It has to be said that the Taiwan authorities are completely “asking for themselves”, and it is even more ridiculous to use the Taiwan military to compete with the mainland. Even after the U.S. deduced the mainland’s “invasion of Taiwan” scene recently, the “Red Army” representing the mainland won, and the “Blue Army” representing the US military was defeated many times. The Taiwan military even took a boxed meal every minute.

As far as the Biden administration is concerned, if it really “starts”, it will have to abandon Taiwan. It is not worthwhile to trigger a war because of Taiwan.

China will be unified

The mention of Taiwan in the US-Japan joint statement has already touched China’s red line.

The Ministry of Foreign Affairs of our country clearly pointed out that Taiwan is an inalienable part of Chinese territory. We demand that the United States and Japan take China’s concerns seriously, abide by the one-China principle, immediately stop interfering in China’s internal affairs, and immediately stop harming China’s interests. China will take some necessary measures to resolutely defend national sovereignty, security, and development interests.

In the future, the two sides of the strait will be reunified, the conspiracy of the Tsai Ing-wen authorities will be smashed, and the American dream of dominating the world will come to an end. (Translated new)

It is no exaggeration to say that billionaire Jeff Bezos – the founder of e-commerce empire Amazon – owns a variety of houses suitable for all climates. His real estate block spread across the United States, from Beverly Hills (California) to Texas, even appeared in big cities like New York and Seattle (Washington state). Photo: Bloomberg. In the city New York , Mr. Bezos owns 4 luxury serviced apartments worth 17.5 million USD in The Century apartment building located near Central Park. This 33-storey twin tower was built in 1932 by Irwin Chanin – a famous architect who designed the Broadway Theater, including 410 apartments of different designs. Image: CORE. At the height of the pandemic in April 2020, the online shopping mogul “single-ended” a $ 16 million 3-bedroom apartment on the 20th floor of a 24-storey apartment building at 212 Fifth Ave. This is the 5th time Mr. Bezos has spent money to buy an apartment here. Before that, he spent $ 80 million to buy interconnected apartments and loft apartments on floors 21-24. Billionaire Bezos plans to combine all 5 floors into a single large apartment with a total area of ​​1,580 m2, the Realtor. Photo: Visualhouse. In the capital Washington Jeff Bezos spent $ 23 million in 2016 to buy the Textile Museum in the upscale Kalorama neighborhood, where the Ivanka Trump couple and the Barack Obama family once lived. He then spent an additional $ 12 million to renovate it, according to the report Washingtonian . This property is over 2,500 square meters, first built in 1914. It includes 10 bedrooms, 8 bathrooms, 6 dressing rooms and 11 fireplaces. Image: Blue Origin. In January 2020, the Amazon boss also bought a house larger than 445 square meters, located opposite the museum on the side of the road, for $ 5 million. The house was built in 1951 with 5 bathrooms and 2 makeup rooms, domed ceilings, carved marble fireplace, hardwood floors and 700-bottle cellar. Photo: BrightMLS. Just before a pandemic struck, Mr. Bezos bought a mansion Beverly Hills worth $ 165 million from billionaire David Geffen. The villa is more than 1,130 m2 with 8 bedrooms, 10 bathrooms, 1 large dining room for 12 people; features a spa, a Koi aquarium, a European garden, a tennis court, a tree-lined cobblestone driveway, and an outdoor fireplace. Image: MLS. Before that, also in Beverly Hills, the Amazon tycoon bought a red tile-roofed 7-bedroom, 7-bathroom solar-powered residence in 2007 for $ 24.45 million. The 8,000-square-meter land has a swimming pool, 4 outdoor gardens, vegetable greenhouses, garage for up to 6 cars … In 2017, Mr. Bezos continued to buy a neighboring real estate for $ 12.9 million. According to Mansion Global, the one-storey villa is designed in a contemporary style, built in 1956 and has a width of 418 square meters, including 4 bedrooms, 6 bathrooms, a large swimming pool in the backyard. Photo: Google Earth. The farm is about 121 square kilometers in the westernmost part state of Texas is the basis for Bezos’ private space company Blue Origin. It is estimated that this land is worth about 50 million USD. There is also a four-bedroom house that Mr. Bezos bought from lawyer Ronald Stasny in 2004. It was built in the 20s of the last century, with deer velvet chandeliers, oak furniture, paintings. Historical photos and a warehouse, according to Wall Street Journal. Image: Blue Origin. One of the first homes Mr. Bezos bought after Amazon was so successful was in Medina, a suburb the city of Seattle (Washington state). The e-commerce mogul bought a 1,900-square-meter villa for $ 10 million in 1998, consisting of 5 bedrooms and 4 bathrooms. Image: The Seattle Times. In 2005, Jeff Bezos is said to have spent $ 50 million on a 771 square meter mansion in the vicinity, which includes 5 bedrooms and 4 bathrooms. The property includes a 94-meter coastline, according to Realtor. In 2010, the billionaire spent an additional $ 28 million to renovate both properties above. Photo: SPIEGEL.

Image source: Visual China Reporter Cui Puyu Reporter Cui Puyu The European Union on Wednesday announced a series of strict regulations governing the use of artificial intelligence, including restrictions on the use of facial recognition software by the police in public places. This has become one of the most extensive actions in this regard so far. According to the proposal published by the European Commission (the EU executive agency), the use of artificial intelligence in a series of activities will be restricted, including autonomous vehicles, bank loan applications, university admissions, and examination scoring. It will also cover the use of artificial intelligence by law enforcement systems and courts, an area that is often regarded as “high risk” because it may threaten people’s safety or basic rights. Some uses will be completely banned, including real-time facial recognition in public places. However, for national security or other purposes, there may be some exemptions, such as to prevent terrorist attacks, find missing children, or resolve other public safety emergencies. If the 108-page proposal is passed, it will not only have a profound impact on large technology companies such as Amazon, Google, Facebook, and Microsoft. These companies have invested a lot of resources in the development of artificial intelligence; at the same time, they will also invest in the use of this technology for research and development. Drugs, underwriting insurance, and other companies that judge creditworthiness have had an impact. According to this proposal, companies that violate the new regulations will face fines of up to 6% of their global sales.

Over the past ten years, the EU has been the most active in the world in terms of technology industry regulation, and its regulatory policies are often used as templates by other countries. The 27-nation group has promulgated the world’s most influential data privacy bill, and is discussing other antitrust and content review regulations.

European Commission Executive Vice President Margrethe Vestager said that the regulatory regulations address the risks that artificial intelligence poses to humans and society in certain special applications. “We think this is an emergency, and we are the first on this planet to propose this legal framework.”

Some digital rights activists welcomed some of the regulations, but pointed out that some other factors seemed too vague, and there were too many loopholes to be drilled. Some people in the industry believe that EU regulations will benefit Chinese companies because the latter do not have to face the constraints of similar regulations.

Benjamin Mueller, a senior policy analyst at the Center for Data Innovation, a technology think tank, pointed out that regulations will make the cost of research and development of artificial intelligence in Europe too high, or even technically infeasible. “When the European Union suppresses its own start-ups, the United States and China will watch happily on the sidelines.”

However, some lobbyists in the technology industry believe that the proposal is not so harsh and feel relieved. They praised some clauses, such as strictly regulating only certain types of so-called high-risk artificial intelligence applications.

Christian Borggreen, vice chairman of the Computer & Communications Industry Association, pointed out that the European Commission has adopted a risk-based approach, which is good. The association represents a number of technology giants including Amazon, Facebook and Google.

However, Wednesday’s proposal still has a long way to go before it becomes law and may be adjusted. In the European Union, such laws must be approved by the European Council, which represents the governments of the EU’s 27 countries, and the directly elected European Parliament. The entire process may take several years.

Illustration. Source: Internet According to the US Federal Revenue Service (IRS), virtual currency needs to be taxed as an asset. When using virtual currency to trade, it also means that this type of asset is being sold. On the other hand, if the user is paid in bitcoins then that amount is valued as a taxable revenue. Almost every cryptocurrency transaction is taxable and requires registration. Despite the fact that bitcoin and other cryptocurrencies are virtual, they have a sizable impact on taxes in practice. Tax debtors will incur both interest and penalties, possibly even criminal prosecution in some cases. How does the IRS control the virtual currency tax? According to Mark Luscombe – a federal tax analyst at Wolters Kluwer Tax & Accounting, any business transactions over $ 600, whether issued to a non-employee or paid to an employee are required to be reported to the IRS. Additionally, at each individual income tax return, any federal taxpayer must honestly answer the question: “At any time in 2020, have received, sold, sent, or exchanged Or is there a financial gain in any virtual currency? “. Together with the US Department of Justice, the tax authorities are taking measures to ensure that people comply with regulations on taxes. The IRS has launched a “virtual currency tax compliance” campaign aimed at reaching and inspecting taxpayers extensively. In addition, the IRS sent documents to 10,000 people to remind citizens of their crypto-related tax obligations, urge them to check and revise their previous declarations if they owe taxes, interest or penalties. . States of the United States have tax electronic money transactions are not ? Cryptocurrency transactions in the US can be taxed. Most states do not have specific crypto legislation, meaning the majority of states will comply with the federal lead in income tax regulations. Any money people make from crypto investments or income payments will count towards the total personal income. Most states use the AGI (an individual’s gross income adjusted for allowable discounts) that federally regulates do. Cryptocurrency transactions continue to be taxed in 2021 By 2021, crypto dealers must report all of their business profits and losses. The tax on virtual currency will depend on the difference between a person’s virtual investment and earnings. If your virtual currency investment increases in value by the time the asset is sold, your earnings will be taxed as regular income. If the investment period is longer than one year, it is subject to capital gains tax. In addition, there is a loss on the sale, the loss of fixed capital can be offset by the gains that are incurred in other investments. The difference when using virtual money to pay Using bitcoin to pay also means that users are selling this property. Trading in bitcoin is likely to receive profit or loss in return. The IRS notes that Bitcoin’s rate is not anchored to any other currency, but entirely dependent on market supply and demand. Bitcoin is currently one of the purest free-market assets because it is freely traded in huge volumes globally without any control. Unlike credit cards, the cost of sending Bitcoin is completely voluntary by the sender (not the receiver). The higher the fee for sending Bitcoin, the more pre-processed the transaction is by the network. The fee for paying in Bitcoin is much cheaper than paying by credit card or wire transfer. The cost of sending money through Bitcoin is independent of the number of deposits, making Bitcoin very attractive to those who want to send money in bulk.

Hanoi Old Quarter area with many relic works, old houses, old villas built before 1954. Photo: MINH HA As an area with many works containing historical, cultural and architectural values ​​of Hanoi, the urban subdivision planning H1-1C focuses on conserving and embellishing spaces and works, especially public works. relics, old houses, villas built before 1954. Decision 1357 / QD-UBND, dated March 19, 2021 of the People’s Committee of Hanoi, approving the planning project of urban area H1-1C, scale 1 / 2,000, within the administrative boundaries of 11 wards of Hoan district. Sword, including: Hang Ma, Cua Dong, Hang Trong, Hang Gai, Hang Bong, Cua Nam, Tran Hung Dao, Trang Tien, Hang Bai, Phan Chu Trinh and Ly Thai To. This is an old urban area with many works of historical, cultural and architectural value, built mainly in the French colonial period, located in the area of ​​conservation, renovation and development restriction. Urban zoning planning H1-1C has boundaries: The North borders the southern border of the Old Quarter and the area of ​​Hoan Kiem lake and the surrounding area; the West borders on Le Duan street, Hanoi station (coinciding with the administrative boundaries of Hoan Kiem and Dong Da districts); to the south are the residential areas of Tran Hung Dao ward, Nguyen Du, Han Thuyen and Tran Hung Dao streets (which coincide with the administrative boundary between Hoan Kiem district and Hai Ba Trung district); East: border with Tran Quang Khai, Tran Khanh Du, Hoan Kiem lake area and surrounding area. The total area is about 202.8 ha; population scale up to 2030 is 48,800 people. The plan is divided into two areas, in which the area of ​​Hanoi station and the vicinity, with a total area of ​​about 19.78 ha, population size of about 5,200 people, is implemented under a separate project. The rest of the H1-1C urban area has a total area of ​​183.02 hectares, a population of about 43,600 people divided into six planning plots for development control. Regarding land use planning, the public land area of ​​the city and district is about 38.68 ha, including medical, cultural, hospital, medical station, cultural palace, movie theater … on the basis of now available. Traffic land is about 45.42 ha. Land for greenery, sports, water surface is about 0.93 ha, formed on the basis of squares and existing water-surface trees, including flower gardens of Hang Trong, Quan Su, Tao Dan, Uncle Co, Tran. Nguyen Han; gymnasium and greenery system connected with greenery on the water surface of Hoan Kiem lake, Red river, Thong Nhat Park. The plan clearly states, due to the lack of greenery land, so the greenery land criteria should be balanced on the scale of the planning structure; exploiting the space of green parks, flower gardens, sports outside the Red River beach, areas according to the general planning on construction of Hanoi capital which has been determined to develop parks, trees, and general sports. of the city to meet the demand for greenery and sports in the area. Land for high schools, junior high schools, elementary schools and kindergartens is planned on the basis of the existing land fund and supplemented from the land fund in the list of locations for relocation and functional conversion. Also due to limited development of land, architectural planning criteria such as construction density, building height can be considered higher than specialized design standards if safety solutions are available. , fire prevention and fighting, in accordance with Vietnam’s construction regulations. The additional floors are only used for administrative purposes and other suitable functions; encourage the exploitation of underground space and the first floor to build playgrounds, flower gardens … The housing land group of 55.04 ha is determined mainly on the existing basis, according to the planning, it will be renovated, embellished or rebuilt, fully supplemented with the transport system and technical infrastructure. to control the landscape architectural space in the direction of reducing and low-rise construction density, preserving and exploiting ancient or French colonial architectures, preserving typical cultural values. For old apartment buildings and dormitories, the renovation and reconstruction will be carried out according to a separate project on the principle of self-balance of population. Notably, the renovation and reconstruction of old apartment buildings and dormitories in the area in the direction of encouraging migration to other high-rise apartment buildings in Hoan Kiem district or within the city; converting the function of land use to commercial, service or rental apartments; reduce construction density and be consistent with regional planning and architectural management regulations. In terms of spatial organization, the urban landscape architecture is preserved according to the structure of the French colonial “garden city” with a checkerboard-shaped road network, about 150 meters on each side with the north, south and east sub-axes – west. On the basis of this space network, the group of high-rise buildings, most of which are offices, public works with large land scale, are concentrated on large streets such as Hai Ba Trung, Tran Hung Dao .. The rest of the space is villas interspersed with middle and low-rise building groups with smaller land scale, high construction density creating adjacent house structure. The plan also sets out requirements for the organization and protection of the landscape. Specifically, important landscape axes need to protect the vision on the street axes; preserving and promoting valuable works, improving space to restructure typical “garden city” space. Particularly streets bearing street house features will be improved space to create typical commercial streets. For plots, add planned social infrastructure, control the construction density in the direction of gradually decreasing to less than 75% and manage according to separate regulations to limit the risk of distortion in the neighborhood …

However, it is precisely because the park contains a large amount of magma beneath the surface, it is called a “super volcano” and it is called a caldera. According to records, the caldera was formed by an eruption 640,000 years ago. At that time, a total of 1,000 cubic kilometers of volcanic ash, a large amount of rock and igneous debris were ejected, and a crater was also formed for this reason. In addition, the most violent eruption of the volcano was 2.1 million years ago, and about 2,450 cubic kilometers of volcanic material was ejected. In 2014, due to the continuous release of heat from the super volcano, the 5 kilometers long asphalt road in the park melted. For this reason, several parks had to be closed urgently.

According to understanding, the eruption period of the caldera in Huangshigong is about 600,000 to 800,000 years, so it is also called “gunpowder barrel” by the outside world. According to on-site exploration by geologists, it was discovered that the area of ​​magma reached 70 kilometers, and the depth was about 10 kilometers, and the viscosity of the magma was extremely high. Of course, in addition to the currently proven magma area, there is also a magma area with a volume of approximately 46,000 cubic kilometers deep on the surface, which is more than 1,100 times that of my country’s Three Gorges Reservoir. We must know that the maximum storage capacity of the Three Gorges Reservoir is about 39.3 billion cubic meters, and the volume of the volcano in Yellowstone Park is too large to imagine.

Most importantly, if the volcano erupts, the consequences are absolutely unimaginable. At least the surrounding area will be greatly affected, and after the volcanic eruption, the forest in Yellowstone Park may no longer exist. We must know that there was a fire in Yellowstone Park in 1988, about 4.8 million acres of forest were affected, and more than 900,000 acres of forest were completely burned. Therefore, if there is a fire in Yellowstone Park in the United States, it is really hard to say whether these forests will survive.

After all, Yellowstone Park not only has one of the largest craters in the world, but also has the largest area of ​​forest in the world. It can be said that as long as the volcano erupts, the forest will be destroyed, and for the United States, a total of more than 100 million US dollars was invested in rescuing the 1988 fire. If the fire happens again, it means that a huge investment is needed.

(Text/Hua Qiang)

[Text/Observer Net Ju Feng] On April 16, local time, Japanese Prime Minister Yoshihide Suga will meet with US President Biden at the White House. Yoshihide Suga has set off yesterday. This meeting is of special significance to the leaders of the two countries-Yoshihide Suga will become the first foreign leader to meet Biden (offline), and it is also the first visit to the United States by Yoshihide Suga as the prime minister of Japan. On April 15, local time, Yoshihide Suga took a government plane to Washington, D.C. (Source: Surging Image) However, Observer.com noticed that the media that announced the matter coincidentally believed that the focus of the two people’s meeting was not in the United States or Japan. China would be the core issue. In addition, the issue of “Fukushima nuclear wastewater discharge” is also only Don’t talk about words. The Bloomberg News Agency of the United States bluntly said, “The meeting between Biden and Yoshihide Suga was all about China” (it’s all about China). Agence France-Presse analyzed on the 15th that the China issue was an overwhelming issue in the meeting between the leaders of the United States and Japan. Yoshihide Suga hopes to further strengthen the bilateral relationship that has been solid since the Trump era, coordinate the positions of the two sides, and more effectively deal with the “increasingly aggressive international” China. In Japanese media, the Japan Broadcasting Association (NHK) said on the 15th that the leaders of the two countries are expected to “freely exchange” opinions on the so-called “China’s growing hegemony” and discuss how to deal with China in terms of national security. Because after this visit, the two countries will issue a joint statement. NHK predicts that the statement will mention the Taiwan region of China and the so-called “human rights issues in the Xinjiang Uyghur Autonomous Region.”

NHK reported that Yoshihide Suga will also seek U.S. cooperation in successfully hosting the Olympic and Paralympic Games. Dongao has entered the 100-day countdown.

All in all, at the White House summit on the 16th, Yoshihide Suga left with the goal of strengthening the Japan-US alliance and establishing mutual trust between leaders.

Biden and Yoshihide Suga map from Japanese media

The US media, which talks about China on weekdays, also predict that China will be the core agenda.

The US Consumer News and Business Channel (CNBC) stated that “China’s growing influence will be the focus of discussion at the summit.” This meeting is the first face-to-face summit held with a foreign leader since Biden took office as US President. This shows Japan’s position in the hearts of the Biden administration.

CNBC quoted an analyst from Control Risks, a consulting firm, as saying that rebuilding the US-Japan alliance and competing with China are the core of Biden’s foreign policy. The meeting between Biden and Yoshihide Suga showed that Japan is the key to this policy.

CNBC quoted a report from the Nikkei on April 6 that the leaders of the two countries will also discuss infrastructure projects such as 5G networks and clean energy-the United States and Japan may use such cooperation to counterbalance China’s “Belt and Road” initiative. .

The “New York Times” stated that Biden will restore the ally that Trump has messed up through the meeting with Suga Yoshihide, and hopes to unite Japan to fight China more effectively.

The New York Times believes that Japan should also clearly express its attitude toward China to the United States, such as its position on Taiwan, rather than unilaterally seeking security protection from the United States.

It must be mentioned that the British media “Financial Times” reported on the 14th that the Biden administration is constantly pressing Suga Yoshihide to publicly mention Taiwan in the joint statement, but Japan is still hesitant about this.

Before the 2+2 meeting, Japan was relatively cautious on the Taiwan issue. However, after the joint statement of the 2+2 meeting was released, Japan’s attitude on the Taiwan issue was severely criticized by China. On March 17, Chinese Foreign Ministry spokesperson Zhao Lijian criticized the US-Japan joint statement for seriously interfering in China’s internal affairs and vainly attempting to harm China’s interests.

According to the New York Times, whether Japan will embark on the path of “against China”, Yoshihide Suga’s trip to the United States may provide some clues.

China and the United States are Japan’s first and second largest partner countries respectively. As Japan leans toward the United States in its stance, the United States has also supported Japan’s erroneous policies “regardless of black and white.”

After the Japanese government declared that it would discharge the Fukushima nuclear waste water containing radionuclides into the Pacific in spite of its opposition, US Secretary of State Brinken immediately expressed his gratitude for “Japan’s transparency.”

Suga Yoshihide said before departure on the 15th that he hopes to establish a relationship of trust with Biden through the talks and further consolidate the Japan-US alliance. He also said that he will demonstrate Japan-US “leadership” to the world toward the realization of a “free and open India-Pacific”.

NHK reported yesterday that due to the impact of the new crown epidemic, Yoshihide Suga’s delegation has reduced its size. About 80 people accompanied the Prime Minister on the visit, which is a reduction of 20% to 30% from normal times; Yoshihide Suga’s wife will stay in Japan.

Finally, by the way, the White House said on the 15th that Biden will meet with the visiting South Korean President Moon Jae-in in late May. Moon Jae-in will become the second foreign leader to visit the United States after Yoshihide Suga. This move was interpreted by foreign media as South Korea’s pursuit of “isometric diplomacy” (with Japan).

This article is an exclusive manuscript from Observer.com and may not be reproduced without authorization.

It may not be so simple behind Japan’s discharge of nuclear sewage into the sea. Given that the United States has clearly stated that it supports and appreciates Japan’s relevant actions, we must consider that the United States and Japan are very likely to collude in plotting earth-shattering conspiracies to harm the people of the world and Eastern countries. The U.S.’s criminal activities behind the evil in Japan must also counteract the wrong words and actions of the U.S. while fighting the Japanese devil. Only in this way can the effect of curing the symptoms and the root cause be achieved to the greatest extent.

The United States’ support for Japan’s poisoning around China and Russia is indeed a ruthless move. It quietly launched a nuclear pollution war against China, Russia, North Korea and other countries, regardless of the environmental interests of South Korea, the Philippines, including Australia, Canada, and US allies in the Pacific Rim. It’s crazy to even ignore the life and death of Americans. The United States’ previous support thanks to Japan’s performance of poisoning has in fact corroborated the madness of the American ruling class. At this time, the American people, who are deeply caught in the epidemic and in the riots of division, seem to be far from awakening, and are questioning and fighting for their rights to live well.

In view of the fact that the United States has clearly stated that it supports and appreciates Japan’s relevant actions, we must consider that the United States and Japan are very likely to collude in plotting shocking conspiracies to entrap the people of the world and Eastern countries. At the same time, the devil must counteract the wrong words and actions of the United States, so as to maximize the effect of curing the symptoms and curing the root cause.

The United States’ support for Japan’s poisoning around China and Russia is indeed a ruthless move. It quietly launched a nuclear pollution war against China, Russia, North Korea and other countries, regardless of the environmental interests of South Korea, the Philippines, including Australia, Canada, and US allies in the Pacific Rim. It’s crazy to even ignore the life and death of Americans. The United States’ previous support thanks to Japan’s performance of poisoning has in fact corroborated the madness of the American ruling class. At this time, the American people, who are deeply caught in the epidemic and in the riots of division, seem to be far from awakening, and are questioning and fighting for their rights to live well.

It is necessary to realize that Japan’s nuclear waste discharge is actually launching a nuclear war against the surrounding countries in the Pacific. China, Russia, North Korea and the United States will be the main victims of Japan’s nuclear pollution. We must actually regard it as nuclear. Of course, there are reasons to consider the use of nuclear war to contain the acts of war. As we all know, Japan can safely treat Fukushima nuclear waste water by expanding its water storage tanks. In addition, Japan is not the only country in the world that has ever experienced a nuclear accident. However, the countries involved in the accident have effectively dealt with them on their own soils, and have not led to the large-scale spread of nuclear pollution to the world. However, Japan has dragged the Pacific countries and even the world to bear it. The country’s technological backwardness has led to the consequences of a nuclear accident, which is very sinister and vicious. In addition to the public support of the United States, the United States and Japan have almost settled their conspiracy in discharging nuclear waste water. Of course, this is very dangerous for our country.

The United States has always wanted to pull Japan into the anti-China camp. Japan had previously relied heavily on China for its economy and did not explicitly promise the United States to jointly oppose China. After the “2+2” talks between the United States and Japan, they first hyped up the Diaoyu Islands topic, and then jointly hyped up the Taiwan issue. China’s strong counterattack was met. The Chinese Coast Guard and Air Force did not eat the United States and Japan, and routinely cruised to the Diaoyu Islands. As soon as they were stunned back, the United States and Japan subsequently expanded their efforts to discharge nuclear waste water into the sea. It is reported that Japan chose a location close to China for its nuclear waste water discharge. This is a flagrant environmental nuclear war against China. Japan and the United States may have declared war against China in private through this move, and China should regard it as an act of war, or even an act of conducting a nuclear war against China. On this basis, Japan is equivalent to having used nuclear weapons against China for the first time and threatening the survival and safety of the Chinese nation. Japanese nuclear waste water will pollute the seas of China. Polluting the sea water around China will pollute China’s inland rivers and land. The people of our country will Trapped in this nuclear crisis and nuclear disaster, incidents that caused Chinese casualties due to Japan’s dumping of nuclear waste water are likely to be staged in the future. Based on this, we have reasons to counterattack Japan in various dimensions, and the use of nuclear means should not be ruled out here. The destructive effect of Japan’s nuclear waste water is equivalent to nuclear weapons, and its actions are endangering the security of China and the region and even the world, and the welfare of human beings. As a responsible major country, China is also a nuclear power. In order to maintain the security and stability of China, the region and the world, it should be retained. To adopt nuclear containment against Japan that has already used nuclear waste water weapons. If Japan still insists on using nuclear waste water to entrap mankind, ending Japan’s nuclear crimes with nuclear weapons is also in line with China’s nuclear policy. Therefore, Japan should not be unscrupulous. For nuclear damage, we can calculate the old and new accounts together with Japan.

Earlier, there was news that hydrogen bombs could be used to treat Japan’s nuclear wastewater. When the hydrogen bombs are blasted in Japan, Japan’s nuclear wastewater, including nuclear pollution, will be eliminated by this more powerful nuclear method, and there is no need to discharge nuclear wastewater into the sea. Now, do you want to try in Japan?

A few years before the United States, some media were hyping that once the Fukushima nuclear waste water in Japan was discharged to the sea, according to the so-called Pacific circulation, the nuclear waste water would mainly circulate in the large circle from the first island chain to the west coast of the United States and Canada. China, the Korean Peninsula, and the Russian Far East west of the Japanese archipelago are not within the scope of the above-mentioned nuclear pollution. This is ridiculous and easily paralyzes the people of China, Russia and North Korea. Since the ocean circulation is recognized, and the ocean is a global unity, not to mention the seas on the east and west sides of the first island chain that are relatively close. After the nuclear waste water dumped in Fukushima, these two sea areas must be seriously polluted.

Japan reached a high degree of agreement on the issue of Japan’s nuclear sewage discharge. There must be a conspiracy behind it. Because of the direct outbreak of nuclear war, the United States has no way out. The United States’ bases in the Asia-Pacific region, including the United States, don’t even want to stay. They are more insidious. For nuclear strikes against other countries, it is very likely that this time the United States and Japan will jointly select Fukushima nuclear waste water, a nuclear attack that is highly lethal and does not appear in the form of weapons to destroy the environment and economic lifeline of neighboring countries. The economy has suffered severe economic and environmental losses, while the large ones have plunged the people of the region into an existential crisis. You know, the main hostile countries of the United States and Japan are concentrated in the Western Pacific. Once nuclear waste water is discharged to this area, China, Russia, North Korea, South Korea, and Taiwan will all be severely harmed. This may be exactly what the United States and Japan want to see. of. This may be why the U.S. and Japan are facing nuclear weapons and detoxification in the Western Pacific.

Data Map Xinhua News Agency/Kyodo News Agency

Further reading

Zhao Lijian: The U.S. body is very honest, “Like it while banning it”

On April 15, Foreign Ministry Spokesperson Zhao Lijian presided over a regular press conference. Zhao Lijian said that some Japanese politicians tried their best to prove the innocence of nuclear waste water, and then asked them to use nuclear waste water for drinking, cooking, washing clothes or irrigation. Ask them to ensure that seafood will not be contaminated by nuclear waste water.

Zhao Lijian also said that Japan should not think that it has received the gratitude of the United States. The United States is physically honest. While liking, the import of Japanese rice, fish and other products is prohibited. The U.S. Food and Drug Administration emphasized that due to public health issues related to radiation and nuclear contamination, it has strengthened the supervision of Japan’s controlled products. I don’t know what Japan’s explanation is for this US policy?

On April 13, the Japanese government formally decided to discharge nuclear sewage into the sea. US State Department spokesperson Ned Price and US Secretary of State Brinken subsequently tweeted to express “appreciation” and “thank you” for Japan’s decision. It looks like a “good brother”.

However, according to the US Food and Drug Administration (FDA) previously updated No. 99-33 Import Alert, a series of Japanese foods are still prohibited from entering the United States.

The Japanese foods involved include: milk, butter, dry dairy products; fish, sea urchins, clams and other marine biological products; meat, meat products and poultry (beef, boar, bear, deer, duck, hare and pheasant products); vegetables, Citrus, pomelo, kiwi, etc., involve many places such as Aomori, Fukushima, Miyagi, Nagano, and Tochigi. It is worth noting that the FDA emphasized: “Due to public health issues related to radiation and nuclear contamination, the FDA has strengthened its surveillance of Japanese controlled products.”

(Original title: Yoshihide Suga visits American netizens to shout: “Taste” Biden with a bottle of nuclear treated water) Source: Beijing New Vision Comprehensive China News Network CCTV News Reference Message Process Editor: TF019

In the 2008 financial crisis, in order to boost the country’s economy, the United States passed the crisis on to other countries through quantitative easing (QE) and reduction. Today, the United States is repeating its old tricks. After announcing unlimited “money printing,” the United States has released new signals within a day.

In the early morning of Thursday (April 15), Beijing time, Fed Powell stated in a speech at the Washington Economic Club that the US economy is at an “inflection point” of accelerating growth and hopes that the inflation rate will be moderately higher than 2% for a period of time. To the market’s surprise, he also said that before raising interest rates, the Fed will gradually reduce the scale of bond purchases (cutting QE).

Powell said that the time to reduce QE may be much earlier than the time when the Fed considers raising interest rates . He also said that although the Fed has not yet voted on this, it is a guideline. For the current market, this is undoubtedly a “blockbuster”, because any discussion about reducing QE now will cause a high degree of market tension.

At the time when the Fed’s wind direction is changing, the Chinese central bank seems to be going the other way. China’s latest announcement on Thursday shows that on April 15, 2021, the central bank will carry out 150 billion yuan of medium-term lending facilities (MLF, commonly known as “spicy powder”) operations (including the expiration of MLF on April 15 and TMLF on April 25). Continued), in addition, a 10 billion yuan reverse repurchase operation was also carried out.

As there are 10 billion yuan of reverse repurchase and 100 billion yuan of MLF due today, China’s daily operations, from a full-scale perspective, have achieved a net investment of 50 billion yuan. What does this mean? In fact, both reverse repurchase and MLF are essentially tools for the central bank to provide liquidity to the market.

Therefore, the goal of this action is actually to maintain a reasonable abundance of liquidity in the banking system. In fact, it has been stated before that the current currency adjustment of the Federal Reserve has little impact on China. Judging from the actions in the day, the toolbox of the Central Bank of China is still very sufficient.

Text | Questions by Lu Shuoyi | Figures by Zeng Yunzi | Wenxiang Lu | Lu Shuoyi

US stockbroker Bernard “Bernie” Madoff, sentenced to 150 years in prison for one of the largest investment fraud cases in financial history, is dead. US media reports confirmed US judicial authorities when asked. Madoff died at the age of 82 in a North Carolina prison hospital, serving his sentence.

Conviction in 2009

Madoff is considered the mastermind of a financial fraud of historical dimensions. He was arrested in December 2008 at the height of the financial crisis and pleaded guilty to 11 counts in 2009, including fraud and money laundering. He has been in prison ever since. Madoff had brought investors tens of billions of dollars by using a pyramid scheme for decades to fake supposed dream profits from new investors’ money. Many lost all their savings. His victims included banks, individuals and charities from around the world.

Application for early release

Madoff had already complained in an interview with the Washington Post in February 2020 that he was terminally ill and that he had applied for early release in the corona pandemic, which was not granted. His lawyer had stated at the time that Madoff had fatal kidney disease and probably had less than 18 months to live.

From Arthur Landwehr, ARD studio Washington She doesn’t want to stand idly by: “Companies across the country stand for diversity and inclusion, and we can’t just keep quiet about that,” says entrepreneur Lynn Forrester de Rothschild. “That makes us unbelievable towards our employees and our customers”, says the founder of the organization “Inclusive Capitalism”. More than 100 CEOs from major corporations in the US met for a political video conference over the weekend. “What should we do if several states pass laws that make it harder for African Americans to vote?” – that was her question. And she states: “When companies oppose voting restrictions, they act as patriots.”

It started in Georgia

It started with protests by large corporations against the electoral reform in Georgia. More than 70 African American company bosses had urged their colleagues to act. Some of the major influential churches joined. Coca-Cola, UPS, Delta Airlines and many more responded and protested. One of the most important baseball games of the season was relocated from Georgia.

The companies speak up

But Georgia is not alone, many Republican states are going down the same path, apparently out of anger over the lost elections. The discussion about equality, which rocked the whole country last year, is now causing companies to respond. “We have seen many companies that have put large investments in these states on hold, initially bringing neither equipment nor employees to these states,” says Jeffen Sonnenfeld of the Yale School of Management, organizer of the weekend meeting. “We want harmony in society,” says Lynn Forrester de Rothschild. That is good for companies. There is also no agreement on what exactly to do. It was discussed, however, to use campaign donations in a more targeted manner, to give nothing more to those who voted for these laws. There are already protests from Republican politicians, especially Senator Mitch McConnell, Senate minority leader: “My warning goes to companies in America. They should stay out of politics.”

Republicans laugh too

“What a hypocrite,” says de Rothschild. And at the meeting of the company bosses, it was said that there was amusement. “That was 60, 70 percent Republicans at the meeting,” reports Sonnenfeld. “But they don’t want you to be told: ‘Give us your money and shut up.'” For companies with a great need for highly qualified employees, the political environment increasingly plays a role in the choice of location. Restrictions or a racist atmosphere make good workers quit. Even major Hollywood film producers, who do a lot of productions in Georgia, have threatened to shut down. You couldn’t ask African American actors, producers, and team members to work in an atmosphere where they weren’t welcome.

The export business of Chinese companies experienced a strong boost in March. The increase was 30.6 percent compared to the previous year, as the statistics office in Beijing announced. That is a little less than experts had forecast. By contrast, imports climbed 38.1 percent faster than expected. Overall foreign trade increased by 34.2 percent in March – the ninth consecutive month of growth. For the entire first quarter, this results in an increase in exports of 49 percent. Imports increased by 28 percent. Regarding the growth rates, however, it should be taken into account that the previous year’s level was very low due to the Corona crisis. In addition, the pace of growth is slowing compared to the first two months of the year.

“A positive signal”

Nonetheless, experts are optimistic: “The strong foreign demand is likely to continue in the second quarter as the global economy continues to recover,” said economist Nie Wen of the Hwabao Trust. “But as global vaccination efforts accelerate, industries in other countries will gradually start up again.” The numbers are “a positive signal that global economic and trade activity is recovering and market confidence is growing,” said a spokesman for the customs office, Li Kuiwen. However, he warned that the global economic situation remained complex and serious.

Engine of the world economy

But the world economy is benefiting from the buoyant economic recovery in China. According to the customs authorities, imports from Germany rose by 28.4 percent in the first quarter. China delivered 60.5 percent more goods to Germany. Experts see the demand from the Chinese economy as a major reason for the relative robustness of German industry in recent weeks. Trade with the US is also flourishing. Despite the trade war and punitive tariffs, Chinese exports to the USA rose by as much as 74.7 percent in the first three months of the year. Imports from the USA increased by 69.2 percent. Germany is back in growth The world’s second largest economy after the USA will grow by a strong 7.8 percent this year, according to a forecast by the industrialized nations organization OECD, after being the only large country to grow in 2020 despite the corona crisis. For comparison: The Federal Reserve is forecasting economic growth in the US of 6.5 percent for the current year. Optimism is growing: in December, the Fed had only expected an increase of 4.2 percent. The federal government is currently forecasting an increase of only three percent. A few weeks ago, important economic institutes in Germany revised their forecasts downwards in view of the corona situation. On Monday, the three major industrial associations in Germany expressed their cautious optimism about the economic development. As a result of strong Chinese economic data, oil prices are rising today as China is one of the largest oil importers in the world. The prospects for a global economic recovery could also prove to be a driver for prices on the commodity markets in the future. That, in turn, could cause inflation rates to rise, as experts keep saying.