Category: Flash News

On April 17th, Iranian Foreign Ministry spokesperson Bagae posted on social media that moving the goal during football matches is a professional mistake and an unfair action. But in the field of diplomacy, such a move may bring destruction to any beginning, and it may be seen as lacking seriousness and sincerity. In response to Bagai’s social media article, Iran’s official Izumi News Agency commented that in the past few hours, US officials have undergone a “nearly 180 degree shift” in their stance on indirect negotiations between the US and Iran. Iran believes that its statements have made fundamental mistakes, and these remarks will be seen as a manifestation of the United States’ lack of goodwill and seriousness in negotiations.

On April 17th, Federal Reserve Chairman Jerome Powell stated in his speech that he is fully prepared to wait for the situation to become clearer. Without price stability, there can be no strong labor market. Despite increasing uncertainty and downside risks, the US economy remains’ robust ‘. The labor market seems stable and roughly in a state of equilibrium.

On April 17th, OpenAI released new AI models o3 and o4 mini, which mimic human reasoning in solving complex programming and visual tasks; Release open-source AI agent CodeX CLI to assist users in executing programming tasks, thereby improving market competitiveness.

On April 17th, World Bank President Ban Ki moon stated on April 16th local time that uncertainty is leading to a more cautious business and economic environment globally, which will result in global economic growth lower than expected a few months ago. Countries need to negotiate and dialogue on trade issues. Banga also stated that it is necessary to create a suitable regulatory environment to encourage private investment and create employment opportunities in developing countries. He added that he will discuss an energy investment strategy covering multiple paths with the board of directors in June. He also stated that the World Bank will expand its private sector participation program to cover areas such as energy, agriculture, infrastructure, healthcare, tourism, and manufacturing.

On April 17th, former Harvard University President Summers criticized Trump’s escalating attacks on the university, calling the freezing of federal funding earlier this week “seriously illegal” and issuing a warning against the “tyranny” of the US government. This is not an isolated matter, “Summers said on Wednesday.” It is a broad and comprehensive action aimed at suppressing institutions that challenge the government. “This week, the Trump administration announced the freezing of $2.2 billion in federal funding for Harvard University, escalating the conflict between the two sides. Trump subsequently threatened to revoke the tax exempt status of the school and accused it of hiring “radical left-wing” faculty on Wednesday, stating that it “can no longer be considered a decent institution. Harvard President Alan Garber refused to accept the conditions proposed by the government this week, stating that it clearly indicates that the government “does not want to work with us to solve anti Semitic issues”. Summers pointed out that although Harvard still needs to take more measures to combat bias against Jews and expand academic diversity, he praised the school’s efforts in responding to pressure from the Trump administration.

On April 17th, Ling Ji, Deputy Minister of Commerce and Deputy Representative for International Trade Negotiations, co chaired the 10th meeting of the China Azerbaijan Intergovernmental Economic and Trade Cooperation Committee with Azerbaijani Deputy Prime Minister Mustafa Yev in Baku on April 16th. Ling Ji emphasized that China firmly supports Afghanistan’s accession to the World Trade Organization and is willing to work together with Afghanistan to uphold a rules based multilateral trading system, oppose protectionism, unilateralism, and bullying, promote economic globalization in the right direction, achieve common prosperity, and bring more certainty to regional economic cooperation through healthy and stable China Arab economic and trade cooperation.

On April 17th, according to data analysis released by the US Bureau of Labor Statistics on Wednesday, the number of unemployed people in 14 states exceeded the number of job vacancies in February, the highest number since April 2021. In February, Kentucky, New York, Ohio, and Rhode Island joined the ranks, indicating an increasingly severe job market. From November 2022 to April 2023, as the US economy rebounds after the pandemic, the ratio of unemployed population to vacant positions in all 50 states is below 1. This means that, at least in theory, there are enough job opportunities available to all unemployed people. In May 2023, California and New Jersey became the two states with the earliest ratio exceeding 1. In February of this year (the most recent month for which data is available), California had the highest ratio, with approximately 150 unemployed people for every 100 vacant positions in the state, according to the US Bureau of Labor Statistics. South Dakota has the lowest ratio, with approximately 40 unemployed people for every 100 vacant positions.

On April 16th, Nigeria’s Minister of Industry, Trade and Investment, Auduwole, announced on the 15th local time that the Nigerian government has officially signed the tariff exemption plan proposed by the Economic Community of West African States, granting tariff exemptions to 90% of traded goods in the African Continental Free Trade Zone. Auduwole stated in a statement that this tariff exemption plan enhances Nigeria’s market competitiveness and expands trade opportunities throughout Africa.

On April 16th, recently, several listed companies such as Oscon, Yingfeng Environment, and Hewang Electric disclosed the latest top ten shareholders’ situation due to repurchase matters. The position adjustment operations of well-known fund managers such as Xie Zhiyu, Fu Youxing, and Cheng Zhou have surfaced. Upon sorting, it was found that multiple stocks were heavily bought by the aforementioned fund managers. At the same time, institutions are also conducting intensive research to find more investment opportunities. Boshi Fund, Huaxia Fund, Jiashi Fund and other institutions ranked among the top in terms of total research frequency this year. Many well-known fund managers such as Zhu Shaoxing, Zhu Hongyu, Fan Yan appeared on the list of listed company research.

① 07:10 Federal Reserve Governor Lisa Cook delivers speech ② 09:30 Monthly report on residential prices in 70 large and medium-sized cities in China ③ 10:00 China’s first quarter GDP annual rate, China’s total retail sales of consumer goods in March, China’s industrial added value above designated size in March and other heavyweight economic data ④ 14:00 UK March CPI monthly rate ⑤ 16:00 Eurozone February seasonally adjusted current account ⑥ 17:00 Eurozone March CPI annual final value ⑦ 20:00 World Trade Organization releases global trade outlook report ⑧ 20:30 US March retail sales monthly rate ⑨ 21:15 US March industrial output monthly rate ⑩ 21:45 Bank of Canada announces interest rate resolution ⑪ 22:00 US April NAHB housing market index, US February commercial inventory monthly rate ⑫ 22:30 US EIA crude oil inventory for the week ending April 11th