Spring is here, so get rid of the heavy winter quilt! Today Qianyan brings you a well-received [a silent temperature control spring and autumn quilt], without plugging in, using spacesuit automatic temperature control technology, you can constant the temperature of the nest in the optimal temperature of human sleep (28-32 ° C), so that you fall asleep fast, sleep soundly, deep. The whole bed quilt is soft and light, comfortable and breathable. 【Yimo】, a domestic sleep health home furnishing brand, launched spring special benefits today: 1.8 * 2.2M: 229 yuan; 2.0 * 2.3M: 239 yuan; 2.2 * 2.4M: 249 yuan
Click on the image below to buy now
As soon as Putin said that progress had been made in the talks, the stock market was again hit by bearish news released by Biden...
Biden officially announced a new policy of sanctioning Russia, including the abolition of "most-favored-nation treatment" for Russia. This means that the normal trade relations between the United States and Russia will end, and even some media interpretations say that the door to "destructive taxation" has been opened!
The originally rising U.S. stock market also plunged heavily because of this news, and the Dow once dived 600 points intraday.
Technology stocks also fell sharply, apple and Tesla fell 670 billion. Social giant Meta has also been involved, not only criminally filed in Russia, but also may be defined as an "extremist organization".
Chinese stocks continued Thursday's downward momentum, with some companies already cutting their stock prices in two days.
Biden officially announced
The most-favored-nation treatment of Russia will be abolished
On Friday, Eastern Time, the United States announced new measures to sanction Russia.
Among them, the measure to abolish the permanent normal trade relations treatment (i.e. "most-favored-nation treatment") to Russia is the most hotly discussed.
According to CCTV, on March 11, local time, US President Joe Biden delivered a speech at the White House, announcing the adoption of new sanctions against Russia, focusing on the abolition of PNTR treatment, that is, "most-favored-nation treatment", with the Group of Seven and MEMBERS of the European Union. In addition to the sanctions already imposed on Russia, the United States will also increase tariffs on goods imported from Russia.
The bill is expected to be voted on as early as next week in both houses of Congress.
On March 8, local time, Biden announced sanctions against Russia's energy sector, including the United States will ban the import of oil, gas and coal from Russia.
According to China News Network, Biden will push for the end of normal trade relations with Russia. The report also pointed out that after this decision takes effect, it may open the door to the "destructive taxation" of the United States on Russia.
The World Trade Organization provides for equal MFN status for all members. But the "national security exception" clause in the WTO's multilateral trade rules gives members discretion to protect their "fundamental security interests" by taking measures such as eliminating most-favoured-nation treatment in trade.
Under the influence of this news, the market is worried about the limited supply of crude oil, and international oil prices have also risen.
The Presidents of Russia and Belarus reached a consensus
If the Ukrainian side is willing, the conflict can be resolved at any time
Although the United States has increased its sanctions, there is still good news about the situation in Russia and Ukraine in the early hours of this morning. According to CCTV, on the evening of March 11, local time, the press secretary of the President of Belarus, Aesmont, said that Belarusian President Lukashenko and Russian President Putin discussed the world and regional situation in detail during the talks, and discussed the Russian-Ukrainian negotiations in Belarus and the positions of Russia and Ukraine. Lukashenko and Putin agreed that the conflict could be resolved at any time if the Ukrainian side wanted to.
In addition, the two leaders discussed the issue of bilateral relations and how to coordinate in the heavy pressure of the West and the United States and the hybrid war waged against Russia and Belarus. The two heads of state agreed to take joint measures, including mutual support on energy prices, to counter pressure on sanctions.
During the talks, the two heads of state paid special attention to the development of the military-industrial complex and the defense of the coalition countries, and reached an agreement on the supply of the most advanced military weapons and equipment by Russia to Belarus.
In addition, the two sides also discussed cooperation in industry, agriculture, cargo transportation and other aspects, and reached mutually beneficial agreements in the financial field.
Other latest news
According to CCTV News, the NATO secretary-general said that nato's core task is to ensure that the Russian-Ukrainian conflict does not spread outside Ukraine
On March 11, local time, Poland held a joint meeting of the Senate and the House of Representatives to commemorate the 23rd anniversary of joining NATO. NATO Secretary-General Jens Stoltenberg said in a remote video speech at the meeting that NATO's core mission is to ensure that the Russian-Ukrainian conflict does not spread beyond Ukraine and avoid more dangerous, destructive and deadly situations. As a result, NATO's military presence in Poland and other eastern-wing countries has at least doubled in recent weeks, sending thousands more soldiers and hundreds of warships and warplanes.
In addition, Stoltenberg reaffirmed the principle of the collective defense clause, promising to defend every inch of the territory of Poland and other allies. At the same time, he also praised Poland's strong commitment to NATO as a member state and its work in supporting Ukraine and accepting refugees.
China's first batch of humanitarian aid to Ukraine has arrived in Chernivtsi
On the afternoon of March 11, local time, a batch of humanitarian aid supplies provided by China to the Ukrainian side has arrived at the warehouse in Chernivtsi City, Ukraine, and has been received by relevant personnel of the Ukrainian Red Cross Society.
The supplies include blankets, moisture mats, towels, tableware, buckets, flashlights and other necessities.
Russian Defense Ministry: 3,346 Ukrainian military infrastructure has been paralyzed
On the evening of March 11, local time, the Russian Ministry of Defense issued an announcement that the air and air defense units of the Russian Air and Space Force shot down 3 drones in the air on the same day, including 2 Bayraktar TB-2 UAVs; the tactical and land aviation forces attacked 82 Ukrainian military facilities, including 4 command posts, 3 anti-aircraft missile systems, 3 arms and fuel depots, and 63 equipment assembly points.
Since the start of the special operation, the Russian military has paralyzed 3,346 Ukrainian military infrastructures, destroying 121 drones, 1,067 tanks and armored vehicles, 114 sets of multiple rocket launchers, 412 artillery and mortars, and 862 military vehicles, according to the Russian Defense Ministry.
Russia's national space company plans to cut investment in the International Space Station
On March 11, local time, the Russian National Space Corporation decided to optimize the investment in the International Space Station project and identified new priority areas for development, including the development of a low-Earth orbit hazard early warning system, the establishment of a Russian domestic space station, the construction of the Oriental Space Launch Site and the continuation of the import substitution plan.
The company also plans to support its companies' production and design R&D capabilities to reduce the impact of anti-Russian sanctions and ensure that the country is free from dependence on the external environment.
The United States announced a ban on the import of alcohol and seafood products from Russia
On March 11, local time, US President Joe Biden delivered a speech at the White House, announcing that new sanctions will be imposed on Russia's import and export products, including banning the import of alcohol and seafood products from Russia, including vodka and caviar. The United States will also be barred from exporting luxury goods to Russia, including tobacco, clothing, jewelry, cars, and antiques.
U.S. stocks rushed higher and fell back
Dow plate diving 600 points
Originally, after Putin said that the Russian-Ukrainian talks had made progress, European and American stock markets rose in unison. But during the session, Putin's speech once again hit market confidence, and the Dow fell to 32911.89 points at one point during the session, diving 603.72 points compared with the high of 33515.61 in the intraday
By the close, the S&P 500 was down 1.30 percent at 4204.31 points; the Nasdaq was down 2.18 percent at 12,843.81 points; and the Dow was down 0.69 percent at 32,944.19 points.
On Friday, big tech stocks also collectively declined. Among them, Apple fell 2.39%, and the market value evaporated by $62 billion, about 393 billion yuan. Tesla fell 5.12 percent, wiping out $44.3 billion, or about 280.8 billion yuan, in market value. The market value of the two companies evaporated by about $106.3 billion, or about 670 billion yuan.
In addition, Amazon fell 0.88%, Google A fell 1.93%, Netflix fell 4.61%, and Microsoft fell 1.93%.
Meta was criminally filed in Russia
or defined as an "extremist organization"
Among the large technology stocks that fell sharply on Friday, Meta sent out heavy bearish news. According to CCTV, on March 11, local time, the Investigation Commission of the Russian Federation allowed Facebook's parent company Meta to allow users in some countries to post "in a certain context" calling for the use of violence against Russians for criminal cases.
In addition, the company was asked by the Russian General Prosecutor's Office to be an extremist organization. According to media reports, Meta has allowed users in some countries to issue "calls for violent resistance to Russians and Russian soldiers" on its social software Facebook and Instagram, as well as hate speech against Russian President Vladimir Putin. So the Russian General Prosecutor's Office issued a message asking the court to find Meta an extremist organization and prohibit the company from operating in Russia.
On Friday, Eastern Time, Meta's market value evaporated by $20.7 billion, or about 130 billion yuan.
Chinese stocks suffered a heavy setback for two consecutive days
Some companies have their share prices cut off
On Friday, Chinese stocks extended Thursday's downward trend. At Friday's close, the Nasdaq China Golden Dragon plunged 10 percent, its biggest drop since 2008.
On Friday, Wuxin Technology plunged 36.32%, and Didi plunged 44.08%.
On Thursday, Didi had already fallen more than 10%, and Fog core technology fell more than 6%. In just two days on Thursday and Friday, Wuxin Technology plunged more than 40%, and Didi's stock price fell.
In addition, Ali fell nearly 7%, Tencent ADR fell more than 5%, NetEase fell 3.23%, Pinduoduo fell 10.15%, JD.com fell 8.63%, and Bilibili fell 12.27%. Xiaopeng Automobile fell more than 12%, and Ideal Automobile fell more than 14%.
Source: China Fund News (ID: chinafundnews)