Category: Flash News

On February 14th, Trump announced an increase in military sales to India and the provision of F-35 fighter jets. Modi agrees to initiate trade relations negotiations. India announced a reduction in tariffs. The United States and India will collaborate on the development of artificial intelligence. Reached a consensus with Modi on energy issues and will provide oil and natural gas to India.

① 18:00 Eurozone fourth quarter GDP annual correction value; ② 18: Initial quarterly adjusted employment rate for the fourth quarter of the 00 euro area; ③ 21:30 Canada December wholesale sales monthly rate; ④ 21:30 Monthly retail sales rate and monthly import price index rate for January in the United States; ⑤ 22:15 US January Industrial Output Monthly Rate; ⑥ 23:00 US December Commercial Inventory Monthly Rate; ⑦ The total number of oil wells drilled in the United States for the week ending February 14th at 02:00 the next day.

On February 14th, Secretary General of the Arab League, Gheit, reiterated on the 13th local time that the Arab League firmly opposes any attempt to expel Palestinians from their land and emphasized that “the Gaza Strip is not for sale”. The Gaza Strip is part of the Palestinian state to be established under the two-state solution. Gheit also condemned Israel’s recent escalation of military operations in the West Bank and stated that the Palestinian issue is a “core cause of the Arab people and governments,” and that these attempts to expel Palestinians are a blatant violation of their rights.

On February 14th, the White House issued a statement on February 13th local time, stating that President Trump signed an executive order to establish the “MAHA” (Make America Healthy Again) committee, also known as the “Healthy America Again” committee.

On February 14th, prosecutors from 14 states in the United States filed a lawsuit questioning whether Musk and his “Department of Government Efficiency” (DOGE)’s “broad powers” violated the US Constitution. According to relevant litigation documents, the state prosecutor believes that the president cannot delegate such immense power to an unelected and unconfirmed individual. According to the US Constitution, generally speaking, any important official of the US government needs to be confirmed by the US Senate. The White House describes Musk as the head of the “Government Efficiency Department” and a “special government employee”. The state attorney general stated that the court should prohibit Musk from issuing orders to any executive branch personnel outside of the “Government Efficiency Department” and declare his actions to have no legal effect.

On February 14th, local governments have made new progress in acquiring idle land, and many places have recently released the first batch of special bond purchase lists for idle land. According to incomplete statistics from the China Academy of Sciences, as of February 11th, multiple cities in Guangdong Province, including Foshan, Huizhou, Zhuhai, Zhongshan, and Jiangmen, have announced a total of over 160 land parcels and proposed acquisition prices totaling over 35 billion yuan. Among them, Huizhou plans to acquire a total price of over 12 billion yuan, ranking first; Zhuhai plans to acquire for a total price of 6.65 billion yuan, ranking second. Industry insiders believe that the progress of implementing special bonds to acquire existing land in the vast majority of cities still needs to be accelerated, and there are still multiple difficulties in local land acquisition. Breaking through various storage bottlenecks and accelerating the pace of storage may be an important focus of future central and local government policies, and related supporting policies are expected to continue to be improved. (Securities Times)

On February 14th, the Federal Reserve’s discount window loan balance for the week of February 12th was $3.03 billion, compared to $3.1 billion in the previous week. The balance of regular financing loans from banks for the week of February 12th was 195 million US dollars, compared to 197 million US dollars in the previous week.

On February 14th, an article in the Shanghai Stock Exchange reported that the recent reduction in the central bank’s balance sheet has raised concerns in the market about tightening monetary policy. According to the balance sheet of the monetary authority disclosed by the central bank, as of the end of 2024, the total assets and total liabilities of the People’s Bank of China reached 44.05 trillion yuan, a decrease of about 1.6 trillion yuan from the end of 2023, and the scale of balance sheet reduction for the whole year reached a new high in recent years. Experts say that the central bank’s reduction in balance sheet does not mean a tightening of monetary policy. On the contrary, in 2024, the central bank will adhere to a supportive monetary policy stance and comprehensively use traditional and innovative monetary policy tools to support economic recovery and improvement. From the perspective of changes in various items of the central bank’s balance sheet, the central bank’s shrinking of the balance sheet mainly occurred after the policy of reducing the reserve ratio, which is a “loose orientation”. At the same time, it is closely related to the operation of new tools such as treasury bond trading and buyout reverse repurchase. Looking ahead to 2025, China will implement a moderately loose monetary policy.

On February 14th, US Secretary of Transportation Sean Duffy posted on social media X that he has requested the Boeing CEO to come to Washington D.C. as soon as possible to “fully explain the measures taken by the company to address quality and safety issues. Duffy stated that he will travel to Boeing to personally evaluate the measures being implemented to ensure that the company’s aircraft meet the highest safety standards.

On February 14th, US President Trump announced on February 13th local time that Ukraine will participate in all peace negotiations with Russia. Earlier on the 13th, Ukrainian President Zelensky stated that he does not accept any bilateral peace talks without Ukraine’s participation, and that European partners should also be present at the negotiating table.