• 2025-03
    28

    On March 28th, Kremlin spokesman Peskov stated that according to the Riyadh agreement, Russia will maintain dialogue with the United States, but the exact date for a new round of negotiations has not yet been determined. Peskov stated that there have been no new communication arrangements between Putin and Trump yet.

  • On March 28th, according to data monitored by NASA and the National Snow and Ice Data Center (NSIDC) on March 27th local time, the Arctic winter and spring sea ice coverage reached its annual peak on March 22nd of this year. The maximum coverage area is 5.53 million square miles (14.33 million square kilometers), the lowest annual maximum recorded by satellite. The Arctic sea ice coverage exhibits significant seasonal variations, with relatively high rates in winter and spring, typically reaching the annual maximum in March.

  • On March 28th, the Algerian Ministry of Foreign Affairs and Overseas Chinese Affairs announced in a statement on March 27th that it had summoned Khalid Al Shihani, the acting director of the Moroccan Consulate General in Algiers, and informed him that Algeria had decided to consider Mohamed Sefiani, the Deputy Consul General of Morocco in Oran, as an unwelcome person and ordered him to leave Algeria within a maximum of 48 hours.

  • On March 28th, Russian President Putin stated at the International Arctic Forum in Murmansk on March 27th that if Western countries are interested in projects in the Arctic region, Russia will allow them to carry out joint projects with Russia. Putin emphasized that Russia has never threatened any country in the Arctic region, but it is also closely monitoring the situation in the region and will not allow any actions that violate Russia’s sovereignty.

  • 2025-03
    27

    On March 27th, the stator of the generator for the 300 MW artificial chamber compression energy storage project in Jiuquan, Gansu was successfully lifted. The stator of the generator, which is 9.5 meters long and has a total weight of approximately 270 tons, was moved from the lifting port of the main plant equipment to the 7-meter platform and precisely closed with the base. The successful installation of this key core equipment marks the comprehensive entry of the project into the equipment installation phase.

  • On March 27th, listed banks recently released their 2024 annual performance reports. The disclosed annual report shows that some banks have experienced varying degrees of decline in indicators such as the number of credit card outstanding accounts, the number of outstanding cards, and the monthly activity of credit card apps. The decline in credit card business revenue directly affects the growth of non interest income for banks. Along with the decline in credit card size and non interest income, its non-performing loan ratio has increased. In the new stage of intensive cultivation of credit card business, in order to achieve cost reduction and efficiency improvement, multiple banks have adjusted the layout of credit card operating institutions. Since the beginning of this year, some credit card branches of banks such as Bank of Communications, Minsheng Bank, and Guangfa Bank have been approved to cease operations. In sharp contrast to the shrinking of credit card business, consumer loans are becoming the new favorite of banks’ retail loan business. Industry insiders believe that compared to credit card business, consumer loan business has lower operating costs and customer base maintenance costs. In the context of pressure on net interest margins, the lending and interest collection model of consumer loans contributes more directly to bank revenue. Banks are increasing their efforts in developing consumer loans, which not only responds to policy calls, but also further explores new growth points in retail business.

  • On March 27th, Nature published a report stating that the James Webb Space Telescope (JWST) has detected the earliest known galaxy undergoing reionization. This discovery pushes the occurrence time of cosmic reionization (an important transformation that occurred in the early universe) to at least 330 million years after the Big Bang, and brings new insights into the properties of the earliest galaxies.

  • On March 27th, according to the official website of the European Organization for Nuclear Research (CERN) on the 26th, the Bottom Quark Experiment (LHCb) collaboration group on the Large Hadron Collider (LHCb) of the organization announced at the annual Morion conference held in Italy that they had observed overwhelming evidence of the “charge conjugation parity joint transformation symmetry violation” (hereinafter referred to as “CP violation”) phenomenon of baryons. This milestone progress provides new ideas for solving the mystery of asymmetry between positive and negative matter.

  • On March 27th, Kim Jong un, General Secretary of the Workers’ Party of Korea and Chairman of the State Council, guided the defense research work of the unmanned aerial technology consortium and the electronic warfare detection research team on March 25th and 26th. Kim Jong un learned about various unmanned aerial vehicles developed and produced by research institutes and enterprises under the unmanned aerial technology consortium, and observed performance tests. Kim Jong un also learned about the performance and future development plans of the reconnaissance and intelligence gathering methods and electronic disruption attack system newly developed by the Detection Electronic Warfare research team. Kim Jong un stated that these equipment will fully exert their power in enhancing the North Korean military’s various intelligence gathering and combat capabilities, and weakening the enemy’s various combat methods.

  • ① Pending talks between Ukrainian President Zelensky and major European leaders; ② 20: 30. Initial jobless claims for the week ending March 22 in the United States, final annualized quarterly rate of real GDP for the fourth quarter, final quarterly rate of actual personal consumption expenditure for the fourth quarter, and final annualized quarterly rate of core PCE price index for the fourth quarter; ③ 22:00 Monthly rate of signed home sales index in February in the United States; ④ 22:30 US EIA natural gas inventory for the week ending March 21; ⑤ At 04:30 the next day, Collins from the Federal Reserve gave a speech on the economy.