Weekly

Slightly improved

2020-08-14

US President Trump announced at the White House yesterday that Israel and the United Arab Emirates reached a historic peace agreement and agreed to normalize relations after a three-way call. According to the agreement,

Israel will suspend plans to annex parts of the West Bank. This news can be regarded as Trump's foreign policy of wooing the Middle East, which not only contributes to his re-election project,

It also enlarges its territory in the policy of containing China. On the other hand, U.S. Secretary of State Pompeo, who visited the Czech Republic earlier, arrived in Slovenia nonstop, calling for not adopting Huawei's 5G network construction.

It also signed a joint statement with Slovenian officials on "5G Clean Network Security" to exclude untrustworthy telecom operators. Pompeo called on free countries to unite against the threat of authoritarianism,

Call on European countries to unite against the Communist Party of China. During his earlier visit to the Czech Republic, Pompeo said that China's global economic strength was more difficult to cope with than that of the Soviet Union during the Cold War, and called on European countries to unite against the Chinese Communist Party.

Pompeo's speech was welcomed by Czech congressmen attending the party.


The objective of Pompeo's visit to Europe is obvious, that is, to alienate China from small European countries, such as the Czech Republic or Slovenia, which have a Communist background and are receiving a large amount of Chinese economic investment, so as to reduce China's influence on EU members.

China's diplomacy criticized Pompeo for wasting time, accused Pompeo of boasting, and said that the international community would not buy it, and that the American plot would not succeed. In fact, since the implementation of the Hong Kong Autonomy Law by the United States, China has not only voiced obvious condemnation,

In dealing with the US side, we have been patient for many times. In many cases, even if there are counter-measures, they are not specific or ambiguous measures, which are relatively weak. Unlike the United States, which actively delisted Hong Kong manufacturing earlier,

But this sanction has increased Hong Kong's sense of superiority; Our exports are made in China, which is a great honor for Hong Kong people!

Last night, the United States announced that the number of people applying for unemployment benefits for the first time last week was 963,000, which was the first time since March 14 that it fell below 1 million, indicating that the economy has slightly improved, but the average number of people applying for unemployment benefits in four weeks still exceeded 1.25 million.

It is expected that the improvement of the American labor market will be achieved only when the epidemic situation is controlled. However, the second round of epidemic relief measures in the United States can't wait, but the meeting is deadlocked and we can't make further progress. The dollar fell without a new stimulus package,

The gold price rebounded yesterday, reappearing its upward trend, reaching a peak of $1,965 per ounce and closing at $1,953 per ounce, up $37.

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