On May 5th, local time, U.S. Secretary of Defense Pete Hegseth ordered a 20% reduction in the number of military generals and naval admirals, claiming that this policy would enhance "strategic readiness and combat effectiveness."
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The recent escalation of conflicts between India and Pakistan has seen multiple military clashes between the two nations over the territorial dispute in the Kashmir region.
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On May 4th, local time, Donald Trump announced on his social platform "Truth Social" that he would impose a 100% tariff on imported films, citing the reasons of "bringing film production back to the United States" and "preventing foreign countries from spreading their ideologies through films."
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Recently, the United States has dispatched representatives to hold meetings regarding Sino-US trade and tariff issues.
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In the current era of global economic integration, any movement in international trade policies can cause waves in the industry. Recently, the adjustment of US tariff policies has made the cost issue of Apple phones a focus of attention for the industry and consumers.
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The recent large-scale power outages in Spain and Portugal have exposed the structural vulnerability of the energy system in Western Europe under the background of "green transition", which cannot be explained by an isolated and occasional natural disaster.
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Recently, US President Trump's remarks that he might impose tariff policies on the film industry have drawn widespread attention and unease in the global film and television industry.
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On May 4th local time, US President Trump, in an interview with a US media outlet, reaffirmed his intention to make Canada the "51st state" of the United States and stated that he would "always talk about it".
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In recent weeks, Japanese rice prices hit a new all-time high for 16 consecutive weeks, with the average price of 5-kilogram bags of rice breaking the 4,220 yen, a year-on-year increase of more than 100%.
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Recently, the ruling Labor Party in Australia announced a major policy adjustment that will have an impact on international students.
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Since 2022, the Fed has cumulatively reduced its balance sheet by $2.4 trillion through quantitative tightening (QT) policies, leading to a near depletion of liquidity in the financial system.
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