Category Archives: economy

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Damascus, July 15 (Reporter Cheng Shuapeng Jize) Syria held parliamentary elections on the 15th. Six candidates from different political parties and independent candidates competed for 250 parliamentary seats.

The election was held in areas controlled by Syrian government forces. At present, some areas in northern Syria provinces such as Idlib, Raqqa, Hasakeh, Dayr ez-Zor, and Aleppo are still controlled by Syrian opposition armed forces or extremist organizations.

The Syria Election High Judicial Council previously announced that there will be a total of 8 polling stations across Syria for this election. The voting time will be from 7:00 to 19:00 local time, which can be extended by up to 5 hours with the approval of the committee.

This is the fourth parliamentary election since Syria promulgated a new constitution in February 2012. The last election was held in July 2020, and the National Progressive Front, led by the ruling Arab Baath Socialist Party, won a majority in parliament. Public opinion here believes that the National Progressive Front is still expected to win a majority of seats in this election.

Affected by war, sanctions, epidemics, regional conflicts, etc., Syria’s economic situation and people’s livelihood conditions have continued to deteriorate in recent years. Economic and people’s livelihood issues have become the focus of attention of many candidates and voters.

According to the Syria constitution, parliament holds elections every four years.

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According to a report by India’s Politico on March 15, the Bombay Stock Exchange Sensitive Index (SENSEX) and N Index fell for the first time in a single week after rising for four weeks. Both indices fell about 2% this week, the biggest weekly decline in 20 weeks.

The SENSEX index fell 062% on the day to close at 7264343 points. The N50 index of the National Stock Exchange of India (NSE) fell 0.56% to close at 2202335 points.

The Bombay Stock Exchange (BSE) mid-cap index also closed down 0.51%. However, the BSE Small Cap Index bucked the trend and closed up 0.25%.

On the weekly chart, the benchmark SENSEX index fell 22% for the week and the N index fell 21%. This is the largest weekly decline since October 2023. The BSE mid-cap and small-cap indices fell about 4% and 6% respectively this week.

From an industry perspective, the N-Metal Index and FMCG Index closed flat, while all other industry indices closed down.

The biggest declines were in the oil and gas industry and the automobile industry, with declines of 198% and 157% respectively. The N Bank index fell 0.42%.

As some funds release stress test results, they are confident that their portfolios can cope with volatile market conditions.

In global stock markets, the weakness is believed to be driven by discouraging U.S. economic data and weakening expectations of a Federal Reserve interest rate cut.

Some reports showed that the U.S. industrial producer price index (PPI) exceeded expectations in February. At the same time, the number of people applying for and receiving unemployment benefits was lower than expected. These factors weaken the Fed’s case for interest rates.

Market participants will be closely watching the Fed’s monetary policy stance next week. Most expect the Fed to keep interest rates unchanged and start cutting rates from the end of June or July. (Compiled by Zhu Jie)

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Jerusalem, March 20 (Reporters Lu Yingxu and Wang Zhuolun) The Israel Defense Forces and Israel’s National Security Directorate (Sinbet) issued a statement on the 20th saying that since last week, Israeli warplanes have killed four Palestinian Islamic Resistance Movement (Hamas) senior commander in the Gaza Strip.

The statement said that when Israeli warplanes attacked the southern Gaza Strip city of Rafah on the 18th, three Hamas Emergency Committee officials were killed and another person was injured. They are responsible for organizing terrorist activities and assisting the Hamas military wing in controlling the Gaza Strip.

As of now, Hamas has not responded to this matter.

The Israeli army said in this statement that Israeli warplanes also killed Nidal Eide, head of the Rafah Emergency Committee, last week.

According to data released by the Palestinian Gaza Strip Health Department on the 20th, Israeli forces ‘attacks on the Gaza Strip in the past 24 hours have killed a total of 104 people and injured 162 others. Since the outbreak of a new round of Palestinian-Israeli conflict in October last year, Israeli military operations in the Gaza Strip have caused more than 3.19 million deaths and nearly 740,000 injuries.

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According to a report by the Russian News Agency on March 20, Russian Foreign Ministry Spokesperson Zakharova said at a press conference that NATO has chosen a new direction of confrontation with Russia.

Reported that Zakharova said: NATO’s top priority is to open up a second front against my country in the Transcaucasia and reignite the war throughout the region.

She said NATO was not satisfied with Russia’s conciliatory policies in the Transcaucasia region.

The report mentioned that NATO Secretary General Stoltenberg visited Yerevan, the capital of Armenia, on the 19th and called on Armenia and Azerbaijan to sign an agreement aimed at paving the way for the normalization of relations between the two countries.

Russian Presidential Press Secretary Peskov said that NATO’s attempts to expand its influence may not strengthen stability in the Caucasus region. (Compiled by Zheng Yu)

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NATO troops exercise near Russian border

According to a report by the Russian News Agency on March 20, the Polish Ministry of Defense released a message saying that the NATO Northeast Division, composed of multinational forces, practiced defensive operations during exercises held in imaginary areas near the Russian border.

Poland’s Ministry of Defense said: During the Loyalty Lecda 2024 exercise, soldiers of the multinational Northeast Division were given such a task to carry out defensive operations in an imaginary area similar to the situation in northeastern Poland.

Reported that the command department of NATO’s Northeast Division refused to disclose details of the exercise content.

According to reports, the NATO Northeast Division headquarters is located in Elblong, Poland, and its mission is to coordinate the actions of NATO troops deployed in Poland, Lithuania, Latvia and Estonia. (Compiled by Liu Yang)

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Following the airdrop of aid supplies, U.S. President Biden announced that he would build a dock in the Palestinian Gaza Strip and provide aid by sea. The United States ‘move to deliver weapons to Israel while providing humanitarian aid to Gaza in the form of airdrops and construction of docks has been widely questioned by the international community.

U.S. President Biden announced in his State of the Union address on the 7th that the United States will build a temporary port on the Mediterranean coast of the Gaza Strip to receive supplies. The U.S. Central Command said on the 9th that a U.S. military logistics support ship had set off from the Langley-Eustis Joint Base in Virginia for the eastern Mediterranean Sea, carrying the first equipment needed to establish the temporary port. The U.S. Department of Defense earlier issued a temporary port construction timetable, saying that the project would require more than 1000 soldiers to participate and could take nearly 60 days.

Before announcing the construction of a temporary port, the United States also chose to provide aid to the Gaza Strip through airdrops. However, the effectiveness of these U.S. actions was questioned.

Abil Etfa, spokesman for the World Food Program in the Middle East: Airdrops cannot compete with or replace truck fleets in terms of the quantity of supplies delivered; they are also much more expensive than land fleets in terms of cost. The amount of airdropped supplies is extremely limited. Only a very, very few people can benefit from it.

The Council on American-Islamic Relations has called on the U.S. president to stop playing both a firefighter and an arsonist in the Gaza Strip.

Providing both food and bombs, Biden may involve himself in the Gaza War. The New York Times published an article titled on the 8th, saying that although Biden decided to provide assistance through air and sea transportation, the other side is still providing bombs to Israel. The United States may suddenly find that it is already at the same time to some extent. The position of both sides in the conflict has raised questions and concerns about its role.

A friend posted that the United States ‘actions were extremely hypocritical. The hypocrisy and double standards of American politicians are world-class. What the United States is doing is like cutting off people’s legs and giving them several wheelchairs.

Michael Fahri, United Nations Special Rapporteur on the right to food: I have reason to believe that this is a show to cater to the American audience as the U.S. election approaches. This is the only reasonable explanation. According to my previous description, from a humanitarian perspective, an international perspective, and a human rights perspective, the United States ‘airdrops and the establishment of sea ports seem ridiculous.

Some people in the Gaza Strip even bluntly said that the so-called aid efforts of the United States are actually useless. The United States has not made any real efforts to save the humanitarian disaster there.

Hassan, the displaced: Instead of telling us they will build a port to help us, stop supplying weapons to Israel, all those weapons from the United States are killing us and our children anytime and anywhere.

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United Nations, March 11 (Reporter Shang Xuqian) United Nations Secretary-General Guterres called on the 11th to cease hostilities in the Gaza Strip and Sudan during Ramadan.

Guterres said at a press conference held at the United Nations Headquarters in New York at the beginning of Ramadan that Ramadan is the month when Muslims around the world advocate peace, reconciliation and unity. Ramadan has arrived, but the killing, bombing and bloodshed continue in the Gaza Strip. He called for the immediate cessation of gunshots in Gaza, the removal of all obstacles to humanitarian relief, and the release of all detainees.

At the same time, Guterres once again urged the Sudanese conflict parties to stop hostilities during Ramadan. He said the Sudanese people were facing hunger, terror and unspeakable suffering, and the fighting must end.

Guterres called on political, religious and community leaders in the Gaza Strip, Sudan and other parts of the world to do everything they can to keep Ramadan peaceful and it is time to end the terrible suffering.

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According to South Korea’s “Chosun Ilbo” and other South Korean media reports, Cho Dou-Chun, the prototype criminal of the South Korean film “So-won”, was sentenced to three months in prison by the South Korean District Court on the 20th for violating the night travel restriction after being released from prison.

According to South Korean media, Zhao Douchun was sentenced to 12 years in prison in 2009 and was released from prison after serving his sentence in December 2020. South Korean courts issued a restriction order on night travel.《

Chosun Ilbo stated that on the evening of December 4, 2023, Cho Douchun left home alone and wandered around the community for 40 minutes, during which he deliberately wandered near the guard post next to his residence, causing panic among community residents. His explanation to the police was that my wife and I had a quarrel.

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According to a report by TASS news agency on May 23, U.S. Secretary of State Anthony Brinken admitted that the United States cannot include Russia on the list of countries supporting terrorism because Russia is not such a country.

Reported that Blinken said at a hearing before the U.S. House Foreign Affairs Committee on the 22nd: Aggression is not a terrorist activity, it is two things.

When asked why the U.S. government did not listen to the calls of the Ukraine authorities and some Westerners and refused to include Russia on the list of countries supporting terrorism, Blinken said: First of all, regarding the designation of a country supporting terrorism, in addition to what Russia does in our view does not fall into such activities, there are also the following considerations: it may undermine certain multilateral cooperation and our coordination based on sanctions (against Russia).

Blinken pointed out: If we come to peace negotiations in the future, it will be extremely difficult to reverse this. You should put this into the game so that you can cross the finish line directly. He added: Another real problem is that it may hinder our proactive efforts to force Russia to pay Ukraine’s huge losses, including using Russian sovereign assets. If (Russia) is identified as a state supporting terrorism, these assets could be frozen during court proceedings.

Blinken said that the executive branch of the U.S. authorities already has sufficient power to take various restrictive measures against Russia and is actively using these powers. They are more precise in describing what Russia is doing. Moreover, we don’t want to encounter unforeseen consequences and derivative effects that may in fact complicate the process of achieving our goals. Blinken concluded.

Reports said that the United States may include countries that it believes have supported international terrorism on its list of countries sponsoring terrorism. The U.S. Treasury Department may take measures against legal persons, natural persons and countries that trade with countries on the list. Iran, North Korea, Cuba and Syria are all on this list. (Compiled by Liu Yang)

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Seoul, March 19. According to a report by the Korean Central News Agency on the 19th, Kim Jong-un, General Secretary of the Workers ‘Party of Korea and Chairman of the State Councilor, directed artillery units in the western region to conduct ultra-large rocket fire training on the 18th.

KCNA said that this is the first time that the country’s artillery units have used this ultra-large rocket with a caliber of 600 mm to conduct salvo training on a company basis. The purpose is to confirm the power and actual combat capabilities of the weapon system, and to check and improve the artillery units ‘combat mobilization status. After the company’s salvo, it also conducted an aerial explosion simulation test of the rocket at a predetermined altitude above the target.

The report said that Kim Jong-un said that overwhelming military force should be used as a force to completely eliminate the possibility of armed conflict and war. He emphasized that this ultra-large rocket gun plays an important role in war preparations, and requested that the modernization of artillery continue to be vigorously promoted around it.

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On March 20, local time, according to a report released by the Texas police in the United States, Anji Zhao (AC), chairman and CEO of Fumao Group, drove drunk into a pond on a ranch in Texas and drowned last month. Before Zhao Anji died, she called a friend for eight minutes. She also told the friend that she was going to die and said goodbye to her.

According to US media reports, the investigation concluded by the Blanco County Sheriff’s Office in Texas that Zhao Anji’s death was an unfortunate accident. Her blood alcohol concentration was 0233 grams per 100 milliliters, which was three times the state’s legal limit.

The report stated that police watched surveillance video from the scene, which showed Zhao Anji’s Tesla rushing forward, then reversing over the limestone wall, and rushing into the pond at about 11:38 pm on the 10th.

Blanco County Deputy Sheriff Robert Woodring (RW) said the release of the new detailed report also means that the investigation into Zhao Anji’s death has come to an end.

On February 10, 50-year-old Zhao Anji invited seven friends to a ranch near Johnson City (JC), west of Austin, Texas, for the weekend. Zhao Anji died after having dinner with her friends at the ranch on the evening of the 10th.

After Zhao Anji’s unfortunate death, Zhao Cheng re-served as chairman of Fumao Group, and Li Maike (ML) became president and CEO.