News

According to German Economic Weekly: The missiles and air defense systems will be manufactured in Israel and then installed on German-made military vehicles in Osnabrück, Germany.

According to WirtschaftsWoche: A deal between Volkswagen and Israel's Rafael Defense Technologies is nearing completion. Israel plans to locally produce components for its Iron Dome air defense system.

On the evening of May 13, US President Trump will arrive in Beijing on a special plane.

The Polish military said it scrambled to dispatch fighter jets due to Russia's air strikes on Ukraine.

The MBA mortgage application activity index in the United States for the week ending May 8 was 290.1, compared with the previous value of 285.3.

The MBA Mortgage Refinancing Activity Index in the United States for the week ending May 8 was 921.1, compared with the previous value of 928.6.

The MBA Mortgage Purchase Index in the United States for the week ending May 8 was 177.7, from the previous value of 171.1.

In the United States, the MBA 30-year fixed mortgage rate for the week ending May 8 was 6.46%, compared with the previous value of 6.45%.

Japanese Prime Minister Takaichi Sanae: Under this framework, it is recommended to increase the combined public and private R&D investment to 5% of GDP, reaching the highest level in the world, and to achieve the annual scale of 50 trillion yen in 2040 as the goal to promote the reform path of building a "strong economy".

Japanese Prime Minister Takaichi Sanae: Economic groups have put forward proposals for a "National Science and Technology Strategy." In the context of the transformation from a "cost-cutting economy" to an "investment-driven economy", the emphasis is on increasing potential growth rates through active investment.

King Charles: Confirms plans to table a bill to nationalize British steel.

EU Energy Commissioner Dan Jorgensen: We do not expect serious aviation fuel supply security issues to arise in the short term.

British government: Laws underpinning the bank segregation system will be updated to facilitate lending.

British Government: The new EU Bill will empower the government to fulfill its treaty obligations under the agreement with the EU when it is in the national interest.

UK Government: The EU Partnership Bill will provide a framework of powers to ensure that agreements with the EU can be implemented now and in the future.

The British government: It will fulfill its promise to ban hydraulic fracturing to extract shale gas and stop issuing new coal mining licenses.

UK Government: New legislation will designate threat activity groups associated with foreign powers.

UK Government: Plans to legislate new criminal offenses to target specific organizations operating in the UK.

EU Energy Commissioner Dan Jorgensen: We will continue to promote methane regulation, but as pragmatically as possible.

King Charles of the United Kingdom: The government will introduce an energy independence bill to expand the scale of local renewable energy.