ECB Governing Council: Trade war may cause China to export deflation to Europe

Klaas Knot, a member of the European Central Bank’s Governing Council, said that if the United States imposes tariffs and launches a trade war, China may sell products to Europe at a discount. According to Bloomberg, in an interview published by the Dutch newspaper Volkskrant on Monday (December 30), Knot said that in this case, […]

Japan issues heavy snow warning for Hokkaido and Tohoku on New Year’s Eve

The Japan Meteorological Agency issued a heavy snow alert for Hokkaido and the Tohoku region on the eve of New Year’s Day. It is observed that the mountainous areas in northern and eastern Japan have seen the largest amount of snow this season. In Nozawa, Nagano Prefecture, a famous hot spring area, and Yuzawa Town, […]

British study: Smoking a cigarette shortens life expectancy by 20 minutes

Research from University College London shows that smoking one cigarette shortens a person’s average lifespan by about 20 minutes, which is equivalent to a pack of 20 cigarettes shortening lifespan by nearly seven hours. According to the results of this study, if a smoker who smokes 10 cigarettes a day quits smoking on January 1, […]

WeChat and Telegram apply for Malaysian social media licenses

The Malaysian Communications and Multimedia Commission said that instant messaging Telegram and social media WeChat service provider Tencent have started the process to apply for the licenses required to operate in Malaysia. This is the first two social media platforms to apply for licenses since the authorities legislated that social media must apply for licenses. […]

Trump may withdraw US from WHO on first day in office

It is reported that the team of US President-elect Trump is pushing for the United States to withdraw from the World Health Organization on the day of the presidential inauguration on the 20th of next month. Experts warn that this will have a catastrophic impact on global health. The Financial Times of the United Kingdom […]

Indonesia builds nuclear power plant, what are Singaporeans worried about?

To put it bluntly, if an incident similar to Fukushima occurs, it will be devastating for Singapore. As of now, Singapore is still closely following the development of global nuclear energy technology and has not made a final decision on the construction of a nuclear power plant. Indonesia plans to build its first nuclear power […]

Political divisions hit German society hard

Members of the Magdeburg fire department stand in front of a makeshift memorial outside the Johannis Church, near the site of a car ramming into a crowd, on December 22, Germany. (AFP) A car rammed into the public at a Christmas market in Magdeburg, eastern Germany, on Friday evening (December 20) local time, killing five […]

Unanswered questions and future challenges for Income Insurance

Allianz Insurance of Germany gave up the acquisition of Income Insurance, marking the end of a highly-watched merger and acquisition case, but the whole incident has not yet been resolved. From the announcement of the transaction to the government intervention, Income needs to give the public an explanation for many problems revealed in the process. […]

TikTok ban reflects intensified US-China rivalry

On December 6, the D.C. Circuit Court of Appeals made a ruling consistent with the position of the U.S. Department of Justice, holding that the U.S. government has the right to ban TikTok, a short video app owned by the Chinese company ByteDance, on the grounds that TikTok may provide data of 170 million American […]

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