Category: Flash News

On January 29th, it was learned from CNOOC that China’s first ultra deep water atmospheric field, “Deep Sea No.1,” has produced over 10 billion cubic meters of natural gas and over 1 million cubic meters of condensate oil, maintaining a natural gas production of over 3 billion cubic meters for three consecutive years.

On January 29th, Shanghai officially launched the subsidy work for household appliances, home decoration and consumer goods in 2025, providing subsidies for seven categories of products including household appliances, decoration and building materials, sanitary ware, furniture and lighting, smart homes, home aging friendly products, and home textiles. The event will start at 0:00 on January 29, 2025 and end at 24:00 on December 31, 2025. Consumers who purchase decoration and building materials, sanitary ware, furniture and lighting, smart home products, and home textiles in Shanghai will receive a subsidy of 15% of the product sales price. For household appliances with level 1 energy efficiency or water efficiency, a subsidy of 20% of the selling price per unit will be given. For products with level 2 energy efficiency or water efficiency and below, a subsidy of 15% of the selling price per unit will be given. Home aging products will receive a subsidy of 30% of the selling price per item.

On January 29th, according to the latest news from the Joint Center for Air Pollution Prevention and Control, since the daytime of New Year’s Eve on January 28th, the diffusion conditions in most parts of China have begun to deteriorate, and there is a risk of continued pollution caused by fireworks and firecrackers. It is expected to form a medium to severe pollution process for about three days. Starting from the third day of January 31st, due to the gradual influence of cold air from north to south, the air quality has significantly improved.

① 08:30 Australian Q4 CPI Annual Rate and December Weighted CPI Annual Rate; ② 15: 00 German Gfk Consumer Confidence Index for February; ③ 17: Swiss January ZEW Investor Confidence Index; ④ 22:45 Bank of Canada announces interest rate decision; ⑤ 23:30 EIA crude oil inventory and EIA strategic petroleum reserve inventory for the week ending January 24th in the United States; ⑥ At 03:00 the next day, the Federal Reserve FOMC announced its interest rate decision; ⑦ At 03:30 the next day, Federal Reserve Chairman Powell held a press conference.

On January 29th, Axios quoted a White House official as saying that the Trump administration will propose to pay salaries to federal employees who refuse to return to the office until September 30th. Axios stated that employees must resign before February 6th to be eligible. According to Axios, federal workers will receive government wide email notifications today.

On January 29th, Palestinian Prime Minister Mohamed Mustafa met with Syrian leader Ahmed Shara of the Sham Liberation Army in the Syrian capital Damascus. Mustafa emphasized Palestine’s support for Syria’s territorial integrity and remained steadfast in supporting the lifting of international sanctions against Syria.

On January 29th at 06:00, the Central Meteorological Observatory continued to issue a blue warning for strong winds. It is predicted that from 08:00 on January 29 to 08:00 on January 30, there will be gales of magnitude 5 to 6 and gusts of magnitude 7 to 8 in parts of southern Qinghai, northern Sichuan Plateau, central Inner Mongolia and other places, and there will be gales of magnitude 5 to 7 and gusts of magnitude 8 to 10 in Xizang; There will be strong winds of 7-8 levels and gusts of 9 levels in the northeastern waters of the East China Sea, the Taiwan Strait, the Bashi Strait, the eastern and southwestern waters of the South China Sea.

On January 29th, Starbucks reported a 4% decline in same store sales for the first quarter, with analysts expecting a 5.3% decrease. International same store sales in the first quarter decreased by 4%, and analysts predict a 6.1% decline. Same store sales in the United States decreased by 4% in the first quarter, with analysts expecting a 4.06% decline. Same store sales in North America declined by 4% in the first quarter, with analysts expecting a 5.04% decrease. Same store sales in China decreased by 6% in the first quarter, with analysts expecting a 9.34% decline. Net revenue for the first quarter was $9.4 billion, with analysts expecting $9.31 billion.

On January 29th, Russian President Putin said in response to a question from Russian television reporter Zarubin on January 28th that in possible future negotiations with Ukraine, Russia will reach a result that is in line with its own interests. According to a video posted by Zarubin on social media, Putin emphasized that Russia does not oppose negotiations with anyone in Ukraine, but ultimately signing the document will be a very serious issue that should ensure the long-term security of Russia and Ukraine. He stated that there must be no flaws in the documents signed between Russia and Ukraine, and everything must be very precise.

On January 29th, Israeli Defense Minister Katz visited a military camp on the top of Mount Hermon in the Israeli controlled Golan Heights on January 28th local time. Katz told Israeli military officers and soldiers that the Israeli army will maintain its troops “indefinitely” at the top of Mount Hermon and in the Syrian Israeli military buffer zone to ensure the safety of residents in the Golan Heights and northern Israel.