Category: Flash News

On March 8th, Russian Foreign Ministry spokesperson Zakharova stated on March 7th local time that Russia is shocked by the sharp deterioration of the situation in Syria and reiterated its support for the principles of Syrian sovereignty, unity, and territorial integrity. Zakharova said that according to reports, there have been large-scale clashes between Syrian security forces and local armed groups in Latakia and Tartus provinces in western Syria, resulting in a large number of casualties. Several major cities, including administrative centers in the aforementioned provinces, have implemented curfews. (CCTV News)

① Pending China’s foreign exchange reserves for February; ② 10: Press conference was held at the third session of the 14th National People’s Congress; ③ 10: 00 China’s trade account for January and February – priced in RMB; ④ 15: Monthly rate of Halifax seasonally adjusted house price index for February 00 in the UK; ⑤ 15: 45 France’s January trade account; ⑥ 17: 30 speeches by the President of the European Central Bank and several regulatory committees; ⑦ 18: Euro zone fourth quarter GDP annual correction value; ⑧ 18: Final quarterly adjusted employment rate for the fourth quarter of the 00 euro area; ⑨ 21:30 February employment figures in Canada; ⑩ 21:30 February unemployment rate in the United States; ⑪ 21:30 US non farm payroll adjusted for February quarter; ⑫ 21:30 Annual average hourly wage rate in February in the United States, monthly average hourly wage rate in February in the United States; ⑬ At 23:15, Federal Reserve Governor Bauman participated in a group discussion; ⑭ 23:45 Fed’s Williams participates in group discussion; ⑮ At 01:20 the next day, Federal Reserve Governor Kugler gave a speech; ⑯ At 01:30 the next day, Federal Reserve Chairman Powell delivered a speech; ⑰ The total number of oil wells drilled in the United States for the week ending March 7th at 02:00 the next day; ⑱ The next day at 02:30, US President Trump presided over the cryptocurrency summit.

On March 7th, the Korean Central News Agency published a commentary condemning the upcoming “Freedom Shield” joint military exercise between the United States and South Korea. The article states that if the United States continues to break records in military demonstrations, North Korea will also break records in strategic containment activities. Hostile countries will pay a tragic price for their war exercises. (CCTV News)

On March 7th, as the tariff news stirred up financial markets and raised concerns among investors about the outlook for the US economy, JPMorgan strategists warned that their early year forecast for the US stock market’s gains was at risk of falling through. JPMorgan Chase maintains its forecast for the year-end target level of 6500 points for the S&P 500 index, but warns that there is a “significant standard error” in the forecast. This target level means that there is still about 13% upside for the S&P 500 index by the end of the year compared to Thursday’s closing level of 5738.52 points. The S&P 500 index may not reach this level until 2026, “the team led by Dubravko Lakos Bujas said in a report to clients on Thursday. The team pointed out that there is significant fluctuation in economic data, which to some extent indicates a slowdown in economic growth while inflation remains stubborn. It is expected that the short-term fluctuation range of the S&P 500 index will be between 5200-6000 points, and individual stock trends may be highly differentiated.

On the evening of March 6th local time, the Lebanese army issued a statement stating that Israel continues to violate Lebanese sovereignty through land, sea, and air, and has recently launched a series of attacks against civilians in southern Lebanon and the eastern Bekaa region. In addition, Israel continues to occupy Lebanese territory. The Lebanese army stated in a statement that Israel continues to occupy Lebanese territory and has crossed the border multiple times, which threatens the stability of Lebanon and has a negative impact on regional security. The Lebanese army emphasizes that such actions completely violate the ceasefire agreement. The Lebanese army warns Israel not to escalate military operations in southern Lebanon. The Lebanese military command has confirmed that it is closely monitoring the situation and will take necessary measures with the committee supervising the ceasefire agreement and the United Nations Interim Force in Lebanon. (CCTV News)

On March 7th, US President Trump stated that the investigation report on the shooting incident at last year’s campaign rally in Butler, Pennsylvania will be released next week. On the evening of July 13, 2024, Thomas Matthew Crookes, a 20-year-old man from Pennsylvania, fired several shots from the roof of a building about 140 meters away from Trump’s podium at a campaign rally in Butler, Pennsylvania. This injured Trump’s upper right ear and resulted in one death and two serious injuries to the audience. Crookes was killed on the spot. Former Secret Service Director Kimberly Chittle admitted that this was the “most significant failure” of the Secret Service’s security work in decades. Qitel has taken full responsibility and resigned.

On March 7th, a US official stated on March 6th local time that the US State Department has formulated a plan to close more than a dozen consulates before this summer and is considering closing more consulates. According to a report by The New York Times, the US State Department also plans to lay off many local citizens who work for its hundreds of missions, which account for two-thirds of the agency’s total workforce. (CCTV News)

On March 7th, the European Council announced the statement on European defense reached by various countries at the special summit on March 6th local time. The leaders of all member states unanimously expressed support for the proposal that European countries need to significantly increase defense spending, stating that they will “accelerate the mobilization of necessary means and funds to strengthen EU security and protect EU citizens.” The statement also called on the European Commission to “propose additional sources of defense funding at the EU level, including through providing additional possibilities and incentives to all member states.” According to sources, EU member state leaders reached an agreement at a special summit held in Brussels on the 6th to further support Ukraine. However, Hungarian Prime Minister Orban refused to join the agreement, a decision that received support from 26 out of 27 member states. (CCTV News)

On March 7th, the Ariane 6 rocket, a new generation of heavy carrier rockets in Europe, took off from the Kourou Space Center in French Guiana at 16:00 local time on March 6th, sending a French military satellite into orbit about 800 kilometers above the Earth’s surface. This is also the first commercial launch mission carried out by the rocket.

On March 7th, US President Trump stated on March 6th local time that NATO countries have not yet paid enough fees. If NATO countries do not pay, the United States will not defend. Trump previously threatened that if the defense spending of US allies does not meet the standards, the US may “absolutely” withdraw from the North Atlantic Treaty Organization.