Category: Flash News

On January 10th, Barclays forex strategist Skylar Montgomery Koning believes that if Donald Trump fulfills his threat to impose a 25% tariff on all Canadian imports after taking office as US president, the Canadian dollar may plummet to a record low. Our import substitution model shows that Trump’s threat to impose a 25% tariff on Canadian imports will cause the Canadian dollar to depreciate by 19% to 1.63 against the US dollar, “she wrote in a report on Thursday.” I believe this threat needs to be taken seriously.

On January 10th, Polish Prime Minister Tusk promised that any Israeli representative who wishes to participate in the commemoration of the 80th anniversary of the liberation of Auschwitz concentration camp, whether it is the Prime Minister, President, or Minister of Education, will receive security guarantees and will not be detained. Tusk stated that he has received information that the Israeli Minister of Education will represent Israel at the event.

On January 10th, city officials and officials from the Fire Department, Police Department, and other relevant departments in Los Angeles, California, held a press conference on January 9th local time to report on the impact of the fire and the progress of firefighting in various areas of Los Angeles. According to the latest report, about 180000 people in Los Angeles have received evacuation orders, and nearly 200000 people are under evacuation warnings. It is currently unclear how many people have died or been injured in the fire, but it has been confirmed that at least 5 people have died. It is reported that the sewer, power, and transportation systems in Los Angeles County have all suffered severe damage. According to data from the US power tracking website PowerOutage.us, as of 9:40 am Western Time on the 9th, over 420000 households in California have experienced power outages. Los Angeles public utility officials said that on the morning of the 9th, about 95000 residents in the Los Angeles area experienced power outages. Los Angeles Mayor Karen Bass announced that the evacuation order for Hollywood, which was threatened by the Sunset Fire, was lifted on the morning of the 9th.

On January 10th, Fulton County District Prosecutor Fanny Willis appealed to the Georgia Supreme Court on January 9th, requesting the revocation of the Georgia Court’s previous decision to disqualify her from suing in the Trump Georgia election interference case. Willis stated in the appeal that revoking her eligibility was wrong.

On January 10th, former Finance Minister and leader of the German Liberal Democratic Party, Lindner, appeared at a campaign event in northern Germany on January 9th local time. During the event, a woman suddenly threw a foam like substance on Lindner’s face in public. Lindner was not injured. It was later discovered that it was a member of the German Left Party who attacked Lindner, and what she threw was a mass of shaving foam.

On January 10th, the United Nations released the “World Economic Situation and Prospects 2025” (WESP) report. The report predicts that the global economic growth rate will remain at 2.8% in 2025, the same as in 2024. Although the global economy has shown strong resilience and withstood a series of overlapping shocks, the growth level is still lower than the pre pandemic average of 3.2%, mainly constrained by weak investment, weak productivity growth, and high debt levels. The report points out that the decline in inflation and continued monetary easing policies in many economies may provide a moderate boost to global economic activity in 2025. However, uncertainty still looms, including geopolitical conflicts, escalating trade tensions, and high borrowing costs in many regions. These challenges are particularly severe for low-income and fragile countries, whose growth performance is sluggish and fragile, threatening progress towards achieving the Sustainable Development Goals (SDGs).

On January 10th, Pakistani military sources reported that on January 9th, employees of the Qabur Khel Atomic Energy Plant, belonging to the Pakistan Atomic Energy Commission, were kidnapped by unknown armed militants in Lakimarwat, Khyber Pakhtunkhwa Province, and their bus was also burned down. The headquarters reporter learned that all 16 kidnapped employees have been rescued so far. It is reported that the kidnapped individuals are commuters who frequently travel between Lakimarwat and the atomic energy factory workplace. At present, relevant departments are investigating this incident. The Kabul Kael Atomic Energy Plant mines and processes precious minerals such as uranium locally.

On January 10th, the highest court in New York State, the New York Court of Appeals, rejected President elect Trump’s request to suspend his “hush money” criminal case verdict on January 9th local time. It is reported that on January 8th, Trump’s lawyer initiated an emergency motion to apply to the Supreme Court of the United States to postpone the sentencing verdict of the “hush money” case originally scheduled for the 10th (details>>). According to The New York Times, the Supreme Court of the United States has requested that New York state prosecutors respond to Trump’s application no later than the morning of the 9th. This statement indicates that the Supreme Court of the United States may take action before the scheduled sentencing date.

On January 9th, Zheng Zhajie, Director of the National Development and Reform Commission, issued a document stating that the key work of development and reform in 2025 will be fully implemented. Actively and prudently promote carbon peak and carbon neutrality. Focus on the ten major actions of energy conservation and carbon reduction, and strengthen the guarantee of high-quality development and energy use. Accelerate the establishment of a new mechanism for the comprehensive transformation from dual control of energy consumption to dual control of carbon emissions, and establish and improve policy mechanisms such as local carbon assessment, industry carbon control, enterprise carbon management, project carbon evaluation, and product carbon footprint. Deeply explore the potential for energy conservation and carbon reduction in key areas, vigorously promote energy-saving and carbon reduction renovations, and update energy consuming equipment. Deepen the construction of major ecological protection and restoration projects such as the “Three North” Project.

On January 9th, Zheng Zhajie, Director of the National Development and Reform Commission, issued a document stating that the key work of development and reform in 2025 will be fully implemented. Accelerate the construction of a modern industrial system. We will combine the solution to the problems of disorderly competition and “internal competition” in the industry with the upgrading of industrial quality, and vigorously support the high-quality development of the manufacturing industry. Deepen the implementation of the national strategic emerging industry cluster development project and the “Artificial Intelligence+” action, accelerate the development of emerging industries and the cultivation of future industries. Accelerate the improvement of data infrastructure system, build a nationwide integrated computing power network, and promote the pilot of “data element X”. Deepen the pilot program for the integrated development of advanced manufacturing and modern service industries.