• 2025-05
    05

  • On May 5th, records from a briefing between the US Department of Agriculture and congressional staff showed that over 15000 US Department of Agriculture employees received a voluntary resignation incentive plan from the Trump administration, accounting for approximately 15% of the total workforce of the US Department of Agriculture. Previously, in order to reduce the size of the federal workforce, the Trump administration had provided several months of salary and benefits to federal employees who chose to resign.

  • On the evening of May 4th local time, the Iranian Ministry of Defense announced a new type of ballistic missile called “Qasim Basil” with a range of 1200 kilometers. It can resist electronic warfare systems and break through anti ballistic missile systems. The last operational test of the missile was successfully conducted on April 17th. The Iranian Defense Minister pointed out that the THAAD system cannot intercept Iran’s new missile and stated that if Iran is attacked, it will retaliate strongly. Iran will target enemy bases without hesitation or mercy. He stressed that Iran has no malice towards its regional brothers, and that “American base” is Iran’s goal.

  • On May 5th, at around 4:40 pm on May 4th, a sudden strong wind caused a boat to capsize in the Liuchong River area of Baili Gallery Scenic Area in Xinren Township, Qianxi City, Bijie City. As of now, the accident has caused 3 deaths, 60 people have been sent to the hospital for treatment, and 14 people are currently being searched and rescued. After receiving the report, Xu Lin, Secretary of the Guizhou Provincial Party Committee, Li Bingjun, Governor of Guizhou Province, and other provincial leaders led relevant departments to immediately rush to the scene of the accident to command emergency response and rescue work, demanding that saving people be the top priority and racing against time to search and rescue those who fell into the water. Adhere to scientific rescue and ensure rescue safety. Mobilize high-quality medical resources to spare no effort in treating the wounded, and properly handle the aftermath of the deceased and the comfort of their families. At present, various rescue and disposal work is underway.

  • On May 4th, the investigation committee for the Shahdrajai port accident in Iran released the latest report on the accident investigation. The report pointed out that based on previous preliminary investigations, after determining that some officials had neglected their duties, two port management personnel were arrested in accordance with the law, and the summoning and investigation procedures for other defendants are also underway. The report shows that some cases contain false information, and the relevant individuals have been confirmed and are being summoned and preliminarily investigated. In addition, the accident investigation committee emphasized that determining the ultimate cause of the accident requires the completion of technical and experimental expert investigations, which are currently underway. The committee will continue to investigate the accident with a fair and comprehensive attitude, and will provide transparent information to the public in a timely manner.

  • On May 4th, since the US imposed a 25% tariff on all imported steel and aluminum on March 12th, the EU steel industry has suffered a huge blow. At the same time, domestic consumers in the United States also have to pay for this policy. Axel Eggett, Director General of the European Steel Industry Alliance, stated that steel exports to the United States decreased by 1 million tons, resulting in a loss of approximately 2 billion euros. This policy will also have a significant impact on steel users in the United States. The US steel industry is currently unable to produce a large number of products of different grades and relies on imported steel from the European Union. If US steel users are unable to purchase these products from the domestic US market, their procurement costs will increase by 25%. (CCTV Finance)

  • On May 4th, at around 4:40 pm, a boat capsized in the Baili Gallery Scenic Area of Huawu Village, Xinren Township, Qianxi City, Bijie City, Guizhou Province. As of now, the accident has caused 3 deaths, 60 people have been sent to the hospital for treatment, and 14 people are currently being searched and rescued. (CCTV News)

  • On May 4th, Israeli Prime Minister Netanyahu posted a video on his social media account stating that the Israeli cabinet will hold a meeting that evening to discuss the next phase of the Israeli military’s action plan. In the video, Netanyahu emphasized that Israel’s two current goals are “rescuing detainees” and “defeating Hamas”, and stated that “Hamas cannot continue to exist in Gaza.” He also said that military pressure has been effective and will continue to be effective in the future. Netanyahu denied that he launched the war for political gain and reiterated that Israel will achieve a comprehensive victory in Gaza. In response to the attacks launched by the Houthis in Yemen against Israel, Netanyahu stated that Israel had previously taken military action against the Houthis and would continue to respond in the future. Israel is currently coordinating with the United States on this matter.

  • On May 4th, local time, US President Trump once again criticized Federal Reserve Chairman Powell’s failure to lower interest rates in an interview with NBC, implying that it was due to “personal hostility”. However, Trump stated that Powell will not be removed from office before the end of his term in 2026. In the interview, Trump also downplayed concerns about the possibility of an economic recession and stated that the United States is in a transitional period. He is not worried that the economy will shrink during his term, but he also does not rule out the possibility. When further questioned about whether he would be responsible for the impact of his tariff policies on the economy, Trump said he would ultimately take responsibility for everything. In addition, Trump once again mentioned in the interview that the possibility of using force to seize Greenland cannot be ruled out. (CCTV)