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The U.S. stocks were blown down again, and experts said they had run out of bullets

author:Think tank China

【Today's Spotlight】

Ms. Yang spoke on the phone with the U.S. Secretary of State

On the 16th, Yang Jiechi, member of the Political Bureau of the CPC Central Committee and director of the office of the Foreign Affairs Commission of the CPC Central Committee, was invited to have a telephone conversation with US Secretary of State Pompeo.

Yang Jiechi pointed out in the call that some US politicians have constantly slandered China and China's prevention and control efforts, stigmatized China, and aroused strong indignation among the Chinese people. The US side should immediately correct its mistake and stop making groundless accusations against China. The Chinese side is telling the US side that any attempt to slander and smear China cannot succeed, and any act that harms China's interests will certainly be resolutely counterattacked by the Chinese side.

The U.S. stocks were blown down again, and experts said they had run out of bullets

1. Trump refers to the "new coronavirus" as the "Chinese virus"

According to China Daily, Trump tweeted that the United States will give strong support to other industries affected by the "Chinese Virus" such as the aviation industry. We will become stronger!

The tweet showed that Trump referred to the "coronavirus" as the "Chinese Virus."

Under the tweet, a hot comment replied: I have been worried about when Trump will use racism and xenophobia to call COVID-19 the "Chinese virus." The President of the United States intends to follow this dark path of hatred, and we as a nation are in deep trouble.

The U.S. stocks were blown down again, and experts said they had run out of bullets

2. The opening of the US stock market on the 16th was circuited again

The U.S. stock market opened again on the 16th, which was the third circuit breaker in the past week. All three major New York stock indexes plunged more than 11 percent at the close.

Bloomberg quoted JLL's chief market strategist as saying, "They messed things up." The Fed panicked, and so did the market. The key point is that they really ran out of ammunition, and this is an action taken by a panicked central bank. ”

The Federal Reserve announced on the 15th that it will cut the target range of the federal funds rate by 1 percentage point to between 0% and 0.25%, and launch a $700 billion quantitative easing program. The market's reaction to this has been fierce, and it has once again shown that what can really alleviate market concerns is the epidemic control measures and progress, not the Fed's flood-fed interest rate cuts and quantitative easing.

The U.S. stocks were blown down again, and experts said they had run out of bullets

3. The Tokyo Olympics may be postponed to 2022

According to the Japanese sports magazine "Nikkan Sports" reported on the 17th, a number of Olympic Organizing Committee directors have agreed to postpone the Tokyo Olympic Games to 2022 proposed by Osamu Takahashi, a director of the Tokyo Olympic Organizing Committee. It is said that the Council of the Organizing Committee of the Olympic Games will hold a meeting on the 30th to discuss this issue.

According to the report, Osamu Takahashi, a director of the Tokyo Olympic Organizing Committee, said in an interview with the US media earlier that the Olympic Games could be postponed for 1 or 2 years. The latest idea is to change to 2022, so that the Summer Olympics and winter Olympics will be held in the same year, and 2022 will become a remarkable "Olympic year".

4) 400 prisoners in Brazil escaped en masse

Affected by the epidemic, the Brazilian Ministry of Justice recently decided to suspend the temporary release and release of semi-open prisons. The Attorney General of the Justice Department said that prisoners may carry the coronavirus when they return to prison.

According to the Brazilian news portal G1, on the afternoon of the 16th, the prisoners of a prison in Moncagua, São Paulo State, resisted because the wind release activities scheduled for the 17th were canceled, and after abducting the prison guards and other staff, about 400 prisoners escaped en masse.

5. National Development and Reform Commission: Oil prices will be significantly reduced

On the 17th, the National Development and Reform Commission said that the domestic refined oil price will be sharply reduced to the corresponding level of $40 from 24:00 today, and the part below $40 will no longer be lowered.

The upper and lower limits are mainly to consider that China is both a big oil importer and consumer country and a big oil producer, and too high and too low oil prices will have an adverse impact. Too high will increase the burden on the oil industry and consumers, affecting the smooth operation of the national economy; too low, will affect the normal development of the domestic crude oil extraction industry, weaken the self-sufficiency, resulting in a further increase in foreign dependence, is not conducive to ensuring domestic energy security.

6. People's Daily commented on Qiu Chen

The People's Daily commented on its official microblog. According to the article, a well-known debater is suspected of making remarks in support of Occupy Central, and was torn apart by netizens and "redressed" for himself. Whether it is unjust or not, the eyes of netizens are shining. Whether she "hopes that the motherland is strong" as she said, just look at her consistent remarks.

The article believes that what is patriotism and what is righteousness, how can it be reversed between black and white? As a public figure, what value should we convey to young people? Don't think that clever words can change the facts.

It is reported that the "well-known debater" in the article is Qiu Chen, the debater of "Strange Story", and the cause of the incident is that netizens found that Qiu Chen made remarks suspected of supporting Occupy Central 6 years ago, believing that this is evidence that Qiu Chen is hong Kong independence. Qiu Chen later issued a response denying the allegation.