Category: Flash News

On March 25th, Goldman Sachs predicts that over the next 12 months, when Brent crude oil prices rise above $70 per barrel and decrease by $10 per barrel, non OPEC+countries’ production growth will decrease by 300000 barrels per day. When the Brent crude oil price is between $50-70 per barrel, this reaction will increase to 650000 barrels per day. With the increasing risk of recession and idle production capacity, our (cloth oil) price forecast still faces downside risks in the medium term.

On March 25th, the first quarter EPS of US residential construction company KB Home (KBH) was $1.49, with analysts expecting $1.58; The first quarter revenue was 1.39 billion US dollars, with analysts expecting 1.5 billion US dollars; 2770 units (housing) were delivered in the first quarter, with analysts expecting 2996 units. Appoint Robert R. Dillard as Chief Financial Officer (CFO). The company expects its annual housing revenue to be between 6.6 billion and 7 billion US dollars, compared to the original estimate of 7 billion to 75 billion US dollars. The US stock market fell 11.8% after trading.

On March 25th, the Russian newspaper “Izvestia” reported on the 24th local time that its journalist Alexander Fedorchak unfortunately died in the special military operation area. The report stated that the journalist died in the direction of Kupiyansk in Kharkiv, and further investigation is needed to determine the relevant details. Russian Foreign Ministry spokesperson Zakharova stated on the same day that the Russian Ministry of Foreign Affairs will seek a response from the Organization for Security and Co operation in Europe (OSCE) and the United Nations Educational, Scientific and Cultural Organization (UNESCO) regarding the death of Fyodorzak due to Ukrainian military operations.

On March 25th, the United Nations Children’s Fund announced on March 24th that from January 2024 to March 2025, 16 countries in East and Southern Africa have confirmed over 178000 cases of cholera. Due to limited water, sanitation facilities, personal hygiene, and medical services, cholera has caused approximately 2900 deaths, many of whom are children.

On March 25th, according to Israeli sources, a ballistic missile was launched from Yemen towards Israel, sounding alarms in Jerusalem, the central Israeli city of Tel Aviv, and dozens of Israeli towns. The Israeli military subsequently announced that the missile was launched by the Houthis and was shot down before flying over the Israeli border. There are currently no reports of casualties or property damage caused by the attack. According to the Israeli military, this is the sixth attack launched by Houthi militants in Yemen against Israel in the past week. Yemen has not yet responded to this.

On March 25th, the United Nations Secretary General issued a statement through a spokesperson on March 24th, stating that Israel has launched devastating attacks on the Gaza Strip over the past week, resulting in the deaths of hundreds of civilians, including UN staff. Meanwhile, since early March, Gaza has been cut off from humanitarian aid supplies. Guterres reiterated that all parties to the conflict must always strictly abide by international law, respect and protect civilians, immediately stop obstructing humanitarian aid, and unconditionally release all detained persons. All countries should use all feasible diplomatic and economic means to exert pressure, stop conflicts, ensure respect for international law, and put an end to the phenomenon of impunity. Guterres once again calls for an immediate resumption of the ceasefire to end the ongoing suffering.

On March 25th, the Federal Reserve’s Bostic stated that it hopes to maintain the current reduction in the balance sheet until it completely stops shrinking. To ensure that the Federal Reserve does not go too far, slowing down the pace of balance sheet reduction is appropriate; We will consider selling mortgage-backed securities, but there has been no discussion on this yet.

On March 25th, the Department of Ecology and Environment of Hunan Province issued a notice on emergency response to abnormal thallium concentration in the Leishui River Basin (Chenzhou Leiyang section): On March 16th, 2025, the thallium concentration in the cross city section of Leishui, Chenzhou Leiyang in Hunan Province was 0.13 micrograms/liter, which was abnormal (referring to the specific project standard limit of 0.1 micrograms/liter for centralized drinking water sources in the “Surface Water Environmental Quality Standards”). Under the guidance of the Emergency Management Office of the Ministry of Ecology and Environment, Hunan Province and Chenzhou and Hengyang have initiated emergency response measures, and the pollution sources have now been controlled. After the incident, Chenzhou City and Leiyang City successively launched emergency response measures for sudden environmental incidents, organizing sampling, monitoring, and traceability investigation of the entire Leishui River basin. On March 17th, after verification, it was determined that the pollution source was a cement production enterprise located in Suxian District, Chenzhou City. The main reason is that when the company recently dismantled the kiln of the old production line, the thallium dust inside the kiln was washed away by rainwater and flowed into the external water body through the rainwater discharge outlet. In recent emergency response, Chenzhou City has focused on pollution source control, organizing the transfer of wastewater from the involved enterprises to heavy metal wastewater treatment plants for disposal. Measures such as site anti-seepage treatment, construction of emergency pools, bricklaying of cofferdams, and laying concrete on the main water ditches in the factory area have been taken to eliminate hidden dangers at the source of pollution. Under the guidance of technical experts at the provincial and ministerial levels, the cities of Chenzhou and Hengyang have implemented measures such as source control and interception, the use of thallium removal agents for treatment, strengthened water volume regulation, and monitoring of water quality indicators along the affected sections of the Aoshang River, Chenjiang River, and Leishui River downstream of the enterprise, to ensure the safety of drinking water for the public. Monitoring data shows that since March 16th, the thallium concentration in the effluent of various water plants downstream of the incident has been within the limit of 0.1 micrograms per liter in the “Sanitary Standards for Drinking Water”, and the water supply safety has not been affected. At present, the disposal work is being carried out in an orderly manner.

On March 25th, local time on the 24th, sirens were sounded in the southern Israeli cities of Sderot, Zikim, and Neram near the Gaza border. The Palestinian Islamic Jihad Organization (Jihad) affiliated armed group “Al Qaeda Brigade” claimed to have launched rockets at Sderot, Netif Hasara, and Zikim. The Israeli military stated that two rockets launched from the Gaza Strip towards southern Israel were intercepted by air defense systems, and sirens sounded in Sderot and nearby towns. The Israeli military stated that this is the third rocket attack launched by the Gaza Strip against Israel since the large-scale airstrikes on March 18th this year.

On March 24th, Shenzhen recently held a conference on building a new ecosystem for high-quality development of the electric bicycle industry with the theme of “Smart Safety in the City of Battery Swapping”. It was learned from the meeting that Shenzhen will prioritize promoting the battery swapping mode, and plans to add 20000 electric bicycle charging and swapping ports (spaces) this year to improve the supply capacity of charging and swapping facilities. At the meeting, the establishment ceremony of the Shenzhen “Battery Swap City” Special Committee and the launch ceremony of the battery swap project were also held, and three group standards, including the “General Technical Specification for Intelligent Battery Swap Vehicles for Electric Bicycles”, “Shared Battery Swap Facilities for Electric Bicycles Part 2”, and “Communication Protocol for Shared Battery Swap Facilities for Electric Bicycles Part 3”, were released for the first time, providing technical support for the construction of the “Battery Swap City”.