Category: Flash News

On February 7th, Panamanian President Mulino said at a regular press conference that the recent statement by the US State Department that US government ships can pass through the Panama Canal for free is “completely wrong and unacceptable”. Mulino said that Panama will not accept a foreign policy based on misinformation and will not handle bilateral relations with the United States on the basis of lies and misinformation. He firmly opposes the statement of the US State Department and demands that the US government correct it.

On February 7th, Federal Reserve Governor Waller stated that stablecoins are like a synthetic dollar, and he agrees with the idea of making payments faster and cheaper. Urgent need to regulate stablecoins, the sooner the better. Stablecoins will further consolidate the position of the US dollar as a reserve currency.

On February 7th, Porsche plans to expand its product catalog. Expected to generate an impact of 800 million euros on operating profit by 2025; Expected sales revenue of 39 billion to 40 billion euros in 2025; The expected net cash flow profit margin for automobiles in 2025 is 7% -9%, and the expected sales return rate in 2025 is 10% -12%.

On February 7th, Ukrainian President Zelensky announced on February 6th local time that he had held talks with the President of the European Bank for Reconstruction and Development, Otil Reno Baso. Zelensky expressed gratitude to the European Bank for Reconstruction and Development for its assistance to Ukraine’s energy system and transportation infrastructure. The two sides discussed expanding aid to Ukraine, increasing direct investment in the private sector, and banking cooperation.

On February 7th, Southern California Edison Electric Company, which operates power supply business in the southern region of California, announced on February 6th local time that its equipment is likely to have caused one of the wildfires that occurred in the Los Angeles area in January. The company acknowledged in a document that its equipment may have contributed to the outbreak of the Hirst fire, but the fire did not destroy any buildings or cause any fatalities. The company stated in another document that it is investigating the possibility of an idle power transmission line being electrified and causing the Eaton fire, but the company insists that there is no evidence to suggest that its equipment was the cause of the Eaton fire.

On February 7, Ferenc, the head of Slovakia’s largest natural gas supplier SPP, said in an interview with local media on February 6 local time that the company had imported Russian natural gas through the “Türkiye Creek” pipeline since February 1, and the delivery is expected to double from April this year.

On February 7th, sources familiar with the matter revealed that the White House is drafting an executive order to dismiss thousands of staff members from the US Department of Health and Human Services. According to the order, the Food and Drug Administration, Centers for Disease Control and Prevention, and other health institutions will be required to lay off a certain percentage of their employees. According to informed sources, the order could be issued as early as next week after staff members have the opportunity to accept a buyout of their seniority. (Wall Street Journal)

On February 7th, Massachusetts federal judge George Tour postponed the deadline for federal employees to accept the Trump administration’s “buyout plan” to February 10th local time. The judge stated in the ruling that the plan will be temporarily put on hold until further legal issues are heard. According to a government official, over 60000 federal employees have accepted this “buyout plan” so far.

On February 7th, the US Embassy and Philippine officials announced on February 6th local time that a US military contracted plane crashed in a rice field in the southern Philippines, killing all four people on board. A spokesperson for the US Embassy stated that the US Indo Pacific Command will issue a more detailed statement regarding the plane crash. (CCTV News)

On February 6th, Galaxy Securities pointed out that under the subsequent policy stimulus, both the supply and demand sides of building materials are expected to work together to expand domestic demand and stabilize the real estate market, driving demand to recover. Greening will accelerate the optimization of the building materials supply side, and related sub sectors will benefit. Recommend leading consumer building materials enterprises with complete channel layout, good category expansion, product quality advantages, and brand advantages; Under the tightening of production capacity regulation and the expectation of price increases, leading cement enterprises in the region are expected to quickly achieve profitability recovery.