China promotes ice economy, Germany has a new finance minister, Canada plans to ban TikTok

The World and Vietnam Newspaper highlights some notable world news on the morning of July 12.

Asia

KYODO. Japanese automaker Nissan plans to cut 9,000 jobs , or about 7% of its total workforce, and reduce global production capacity by 20%.

Nissan made this decision amid difficult business operations in major markets such as the US and China. (Source: Getty)

MAINICHI. About 64.8 billion yen ($420 million) in Japanese public funds were misused in fiscal 2023, according to a report by the Board of Auditors of Japan.

AFP. Chinese President Xi Jinping sent a congratulatory message to US President-elect Donald Trump, calling for a "stable, healthy and sustainable" bilateral relationship.

China and the EU are holding detailed consultations on the country's price commitment plan for electric cars .

GLOBAL TIMES. China has announced plans to boost its ice and snow economy , aiming to bring the industry's size to 1.5 trillion yuan (about 209 billion USD) by 2030.

STRAITS TIMES. Malaysia launches “InvestMalaysia” portal with the aim of becoming a one-stop portal for investors to learn about Malaysia, as well as attract global investment.

THE STAR. Indonesia's Lewotobi Laki Laki volcano erupted again, creating a column of hot smoke 2,500 meters high.

Europe

FRANCE 24. French President Emmanuel Macron stressed that Europe must take control of history at a "decisive moment" and assert its security independence from the United States.

French President Emmanuel Macron. (Source: AP)

EURONEWS. Italy's Defense Minister Guido Crosetto said the country needs more soldiers and must rejuvenate its armed forces.

TASS. The Commonwealth of Independent States (CIS) began to develop a concept of military cooperation until 2030 amid the deteriorating global situation.

DW. Germany plans to dissolve parliament and clear the way for early elections after the collapse of Chancellor Olaf Scholz's center-left coalition government.

AFP. German Chancellor Olaf Scholz has appointed Joerg Kukies, a senior official of the ruling Social Democratic Party (SPD), as the country's new Finance Minister .

SWI. Sweden's central bank has made its biggest interest rate cut since 2014, while signaling that further cuts are possible in the future.

BARRON'S. The French lower house of parliament has passed a bill to strengthen regulation of the Airbnb tourist accommodation service to address the shortage of affordable housing.

SPUTNIK. Russian President Vladimir Putin ordered the launch of the nuclear-powered icebreaker Chukotka at the Baltic Shipyard in St. Petersburg.

America

CNN. A dangerous wildfire broke out and spread rapidly out of control in Southern California (USA).

California Governor Gavin Newsom has ordered the evacuation of more than 10,000 people as wildfires spread. (Source: AFP)

REUTERS. US Defense Secretary Lloyd Austin said the Pentagon is committed to a smooth transition to the incoming administration of President-elect Donald Trump.

AFP. Europe's leading auto group, Stellantis, has decided to cut 1,100 jobs at its Jeep factory in Toledo, Ohio (USA).

BBC. Canada will not allow TikTok Technology Canada Inc. to operate in the country after a security review.

Africa

AFP. The World Health Organization (WHO) announced that 899,000 doses of vaccine have been distributed to nine African countries heavily affected by the monkeypox outbreak.

According to the latest WHO figures, Africa has recorded more than 46,000 confirmed and suspected cases of monkeypox this year. (Source: AFP)

China and the African Union (AU) pledged to promote bilateral strategic cooperation within the framework of the Forum on China-Africa Cooperation (FOCAC).

REUTERS. The Sudanese government has sent a humanitarian aid convoy to three central states where thousands of people have been displaced by conflict.

Oceania

ABC. Australian Foreign Minister Penny Wong said she was confident that Donald Trump's election as US President would not destroy the AUKUS alliance.

AFP. The Canberra government plans to propose laws banning the use of social media by children under 16, and has vowed to punish tech companies that fail to protect vulnerable users.

Source: https://baoquocte.vn/diem-tin-the-gioi-sang-127-trung-quoc-thuc-da-y-ne-n-kinh-te-bang-tuyet-duc-co-tan-bo-truong-ng-tai-i-chinh-canada-du-kien-cam-tiktok-292967.html