Search results for "PRIME"
11:19

UK Deputy Prime Minister Rishi Sunak resigns due to tax scandal.

Jin10 reported on September 5 that UK Deputy Prime Minister Raab resigned after being investigated by regulators over his tax affairs. Before his resignation, the UK government's independent ethics adviser Laurie Magnus submitted a report to Prime Minister Starmer on Friday. His departure has further plunged Starmer's Labour government into chaos.
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11:15

Former Thai Prime Minister Thaksin responds to his departure.

Jin10 reported on September 5th that the Thai police stated that former Prime Minister Thaksin left Thailand by plane the day before the parliamentary vote to elect the next Prime Minister. Thaksin responded on social media platform X, stating that he originally planned to undergo a health check, but after being delayed by the Thai immigration office, he decided to change his flight to Dubai and plans to appear in court on the 9th.
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10:31

ING: Expected to rise above 1.17 for Europe and the US.

Jin10 data reported on September 5th that Francesco Pesole, a forex analyst at ING, pointed out that the latest survey of European Central Bank forecasters shows that market expectations have clearly shifted towards a hawkish stance. However, for the euro against the dollar, the trend still almost entirely depends on Fed policy and U.S. data. We expect this currency pair to rebound above 1.1700. In the coming days, any developments in French political dynamics and the situation in Ukraine will remain another important factor affecting the euro. The market anticipates that the French parliament will pass a no-confidence motion against Prime Minister Borne on Monday. A realistic scenario thereafter is that President Macron will appoint a new centrist or center-right prime minister to push for a weakened fiscal consolidation plan. Throughout this process, political uncertainty will remain high, but we are uncertain if this will be sufficient to trigger uncontrollable fluctuations in French bonds, thereby exerting significant pressure on the euro—given the outcome of the no-confidence motion.
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09:40

Analyst: The credibility of the UK government is damaged, and the pound may face long term pressure.

Jin10 data reported on September 5 that Monex Europe analysts stated in a report that the political future of UK Deputy Prime Minister Rishi Sunak has become uncertain due to his admission of underpaying stamp duty when purchasing a trap. An independent ethics advisor will publish a report assessing whether Sunak violated the code of conduct for cabinet ministers. Analysts noted: "The short-term impact of this matter on the pound is limited, but the long-term effects should not be overlooked." Recent events have damaged the government's credibility, and even if it does not immediately trigger a market reaction, it may pose ongoing pressure on the pound.
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08:51

Anutin won the Prime Minister election in the House of Representatives of Thailand.

According to Jin10 data on September 5, local time on September 5, the lower house of the Thai parliament held a meeting to vote for a new prime minister. Anutin Charnvirakul, the leader of the Proud Thailand Party and prime minister candidate, won the support of more than half of the members and won the prime minister election.
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03:19

Ueda Kazuo reportedly held talks with Ishiba Shigeru.

On September 3, Jin10 reported that according to foreign media reports, Bank of Japan Governor Kazuo Ueda is reportedly holding talks with Japanese Prime Minister Shigeru Ishiba. The two meet at least twice a year, and this seems to be one of their regular meetings. Currently, there are many issues that need to be discussed, including the rise in Japanese bond yields, which, if not addressed, will increase the cost of new government financing.
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02:48

The Thai People's Party supports Anutin, the leader of the Bhumjaithai Party, to serve as Prime Minister.

Jin10 Data, September 3 - On the 3rd, the Thai People's Party issued a statement supporting Anutin, the leader of the Pride Thai Party, to become the 32nd Prime Minister, emphasizing the conditions for dissolving the parliament and amending the constitution. The Constitutional Court of Thailand ruled on August 29 that the actions of Prayut, who was suspended from the position of Prime Minister, during a phone call with Cambodian Senate President Hun Sen violated relevant constitutional provisions, resulting in his removal from the position of Prime Minister.
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08:52

India announces the launch of commercial semiconductor production by the end of 2025.

Jin10 data reported on September 2, Indian Prime Minister Modi stated that India will begin commercial semiconductor production by the end of 2025 and claimed that India is moving towards becoming a global chip innovation hub. Modi made this statement during the opening ceremony of the annual India Semiconductor Conference held in New Delhi, mentioning that the test chips from Micron and Tata Group have already entered production. He said, "Commercial chip production will start this year. This fully reflects India's rapid development pace in the semiconductor field." Data shows that the size of India's semiconductor market has soared from $38 billion in 2023 to $45-50 billion in 2024 and 2025, with the government's goal of reaching $100-110 billion by 2030. Currently, India is advancing 10 semiconductor projects with a total investment of $18 billion, including the construction of two design centers for 3-nanometer processes in Noida and Bangalore. Modi stated, "We
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08:31

Due to fiscal concerns, France's 30-year borrowing costs have risen to a 16-year high.

Driven by fiscal concerns, the yield on France's 30-year government bonds rose to its highest level in over 16 years on Tuesday. The far-right National Rally (RN) party in France announced on Monday that it is preparing for early elections, expecting the opposition to overthrow the minority government in the vote scheduled for September 8. French Prime Minister Borne has begun negotiations with various parties to prevent the government from collapsing. As a result, the yield on France's 30-year government bonds reached its highest level since June 2009, at 4.513%, rising by 6.5 basis points during the day.
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13:36

U.S. Senator questions Norway's fund divestment, Norwegian Prime Minister sends a text message to explain.

Jin10 data reported on August 29 that U.S. Republican Senator Graham was furious over the Norwegian sovereign wealth fund's withdrawal of investment from Caterpillar Inc. This incident prompted a response from the Norwegian Prime Minister, who explained that the Norwegian government did not intervene in the fund's investment decisions. Prime Minister Støre sent a text message to Graham, who confirmed receipt. A spokesperson for the Prime Minister's office stated that Støre outlined the fund's authorized scope and supervisory framework in the message. The Norwegian sovereign wealth fund announced this week that it has sold its shares in Caterpillar, citing Israel's use of the company's bulldozers to demolish Palestinian properties in Gaza and the West Bank. The American senator's reaction comes at a sensitive time for Norway, which will hold parliamentary elections on September 8.
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08:32

The former Prime Minister of Thailand proposed positioning Thailand as the ASEAN digital asset center and establishing a sovereign strategic reserve.

Golden Finance reported that former Thai Prime Minister Thaksin Shinawatra met with global digital asset investors in Bangkok on August 26 to discuss the proposal of positioning Thailand as the ASEAN digital asset hub. The conference proposed the establishment of a sovereign strategic reserve to enhance the long-term resilience of Thailand's financial system and economy, and received support from several international companies, including Metaplanet and UTXO Management. Attendees also included companies such as Nakamoto Holdings, Sora Ventures, and AsiaStrategy.
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07:42

The bidding process for the first project of the Umei Mineral Protocol has been launched, and there may be disputes over the mining rights.

On August 28, Jin10 reported that Ukrainian Prime Minister Yulia Svyrydenko announced on the 27th the launch of the bidding process for the mining rights of the Dobro lithium mine located in central Ukraine's Kirovohrad Oblast. The Dobro lithium mine is the first project in Ukraine's mineral agreement with the United States. Svyrydenko stated that the official bidding announcement will be issued within the next two months, followed by a three-month period for accepting bids, after which the winner will be determined. According to the Ukrainian Ministry of Economy, the winning bidder must sign a 50-year contract, committing to invest at least $179 million. However, the Financial Times reported that there are disputes regarding the mining rights of the Dobro lithium mine.
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19:25

French Prime Minister Borne will begin negotiations with the opposition party next Monday.

Jin10 News on August 28: French Prime Minister Borne will meet with the opposition parties starting next Monday in an effort to avoid losing in the confidence vote scheduled for early next month. Borne stated on Wednesday night that she is willing to discuss any topic with other parties, but will not compromise on one issue: the urgent need to reduce France's debt. Borne will hold a confidence vote on her fiscal strategy on September 8, a move that brings France back to the brink of political paralysis and triggers financial and economic tensions. Due to lacking a majority in parliament, the opposition is uniting to prepare to vote her out, and France may face a government dismissal without a clear plan to address the massive fiscal deficit.
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16:09

Dutch caretaker Prime Minister wins no-confidence vote, crisis of government collapse alleviated

Jin10 Data reported on August 27th that Dutch Prime Minister Mark Rutte and his cabinet survived a no-confidence vote, alleviating concerns about the caretaker government's complete collapse. On Wednesday local time, a motion to force Rutte's government to resign early failed to gain majority support in the House of Representatives in The Hague. The measure ultimately failed by a large margin, with only two small parties supporting it, which together hold 6 of the 150 seats in parliament. With the results of the revote coming in, attention turned to the temporary election campaign on October 29 aimed at ultimately resolving the political crisis. However, despite Rutte's victory in the no-confidence vote, a power vacuum in the Netherlands persists, and political divisions remain exposed.
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14:51

Italian Prime Minister Meloni has resumed the proposal for direct election reform for the Prime Minister.

On August 27, Jin10 reported that Italian Prime Minister Meloni vowed to restart a reform proposal regarding the method of electing prime ministers, even though previous reforms seemed to lack enthusiastic public support. Meloni stated at a political meeting on Wednesday: "The direct election of the head of government is the strongest guarantee of stability and governability. And stability, as we have seen in recent months, is an extraordinary factor for competitiveness." Currently, Italian citizens do not directly vote for the prime minister; instead, the president appoints the prime minister based on election results and consultations with party leaders. This system was seen as an important safeguard against authoritarianism when Italy overturned the fascist regime and established a new constitution after World War II, but it has also been criticized as a key reason for prolonged governmental instability.
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12:11

UBS: Even if the French government collapses, Macron does not need to call for an early election.

Jin10 data reported on August 27, UBS stated that even if the French government collapses after the confidence vote on September 8, President Macron does not have to be forced to hold new elections. UBS analysts Nenad Dinic and Dario Messi pointed out in their report: "The French president can appoint a new prime minister to restructure the budget, and fiscal austerity policies may tend to relax." This means that the risk of a panic similar to last summer's, triggered by concerns over the rise of an extremist government, has decreased. Analysts noted that although the market reaction has been more restrained than expected, volatility will remain high in the coming weeks.
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13:47

A Multi-signature Wallet of Arbitrum has once again deposited 6.91 million ARB Tokens into Coinbase Prime.

PANews August 26 news, according to on-chain analyst Yu Jin's monitoring, a Multi-signature Wallet of Arbitrum deposited 13.105 million ARB (6.91 million USD) to Coinbase Prime 45 minutes ago. This Wallet received 250 million ARB from the Arbitrum DAO treasury wallet 10 months ago and started to gradually transfer ARB to Coinbase Prime 3 months ago. A total of 38.434 million ARB (16.68 million USD) has been transferred out, with an average price of 0.43 USD.
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ARB1.17%
PRIME2.77%
11:30

Canada will initiate negotiations for the supply of liquefied natural gas from Germany.

Jin10 data reported on August 26 that Canada plans to negotiate the supply of liquefied natural gas to German buyers to meet the continuously rising demand from the European Union. Liquefied natural gas was one of the topics discussed between Canadian Prime Minister Carney and German Chancellor Merz in Berlin on Tuesday. In addition to announcing a key mineral partnership and revealing that German companies have become two of the preferred bidders for Canada's lucrative submarine contracts, the Canadian side also emphasized the potential for exporting liquefied natural gas to Europe’s largest economy. The Carney government issued a press release stating that the energy partnership established between Canada and Germany lays the foundation for deepening bilateral cooperation in the liquefied natural gas sector. According to officials from the Ottawa government, during the previous Trudeau administration, Canada continuously received signals of demand from Germany and EU countries for increased production of liquefied natural gas.
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09:48

The Lithuanian Parliament approved Ruginiene to serve as Prime Minister.

The Lithuanian Parliament approved Ingrida Šimonytė as Prime Minister on August 26, with a vote result of 78 in favor, 35 against, and 14 abstentions. The President will issue the appointment order, and Šimonytė must submit the list of government members and the government program to the Parliament within 15 days. She previously served as the Chair of the Trade Union Confederation.
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08:17

Germany and France have pledged to deepen cooperation on critical minerals.

On August 26, Jin10 reported that Germany and Canada have committed to expanding cooperation to ensure the supply chain of critical minerals that are vital for energy and defense technologies. German Chancellor Merz and Canadian Prime Minister Carney held talks in Berlin on Tuesday to discuss this initiative, which includes co-funding new projects. Carney stated, "For a long time, Canada's rich reserves of nickel, cobalt, and other critical minerals have gone undeveloped. Canada is ready to be a reliable supplier for its allies, especially Germany. Germany is the largest economy in Europe and Canada's biggest trading partner in the EU." The joint statement expressed the "common intention to innovate, invest, and collaborate through rules-based trade," and that Germany and Canada will "help promote private capital to fund new projects and establish resilient supply chains."
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07:10

France faces an "autumn of discontent"

Jin10 data reported on August 26 that Charlotte de Montpellier, an analyst at ING, wrote that France is heading into turbulent political waters after Prime Minister Borne requested a confidence vote for his minority government at the beginning of next month. Borne is likely to lose in the election, ending his brief term as Prime Minister. This leaves President Macron with a choice: appoint a new government leader (who will face the same restrictions in a divided National Assembly as Borne) or call for new parliamentary elections, the outcome of which is unpredictable. Either path will inject new uncertainty into an already fragile political landscape.
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15:46

The French Prime Minister calls for a confidence vote on the budget issue on September 8.

Jin10 News, August 25 - French Prime Minister Borne announced that a confidence vote will be held on September 8, aimed at forcing various parties to express their stance on the government budget through parliamentary procedures, instead of through street protests planned for later this week. Borne stated at a press conference in Paris on Monday that French President Macron has agreed to convene an extraordinary parliamentary session to review the government's fiscal plan and hold a confidence vote. Borne is currently facing resistance to a plan to cut spending and raise taxes amounting to 44 billion euros (approximately 51 billion dollars), which he believes is crucial to avoiding a public finance crisis in France - this includes the cancellation of two public holidays in France.
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20:43

The Uga leaders' meeting discussed issues such as defense cooperation and security guarantees.

Jin10 data, August 25 - According to news from the Ukrainian presidential website on the 24th, Ukrainian President Zelensky met with visiting Canadian Prime Minister Carney in the capital Kyiv that day. The two sides discussed issues such as defense, energy cooperation, and security guarantees for Ukraine. Carney stated that he does not rule out the possibility of sending Canadian troops to Ukraine.
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03:58

Hamas senior official: Netanyahu deliberately sabotages negotiations and insists on continuing the offensive.

According to reports from Iran's news television on the 23rd, a senior official of the Palestinian Islamic Resistance Movement (Hamas), Mardavi, stated on the 24th that a comprehensive ceasefire agreement in the Gaza Strip is entirely possible. However, Israeli Prime Minister Netanyahu is "deliberately sabotaging the negotiations and insisting on continuing the attacks" in order to "achieve his political objectives." Israeli media reported on the 21st that Netanyahu indicated he had instructed to immediately restart negotiations with Hamas. However, Netanyahu also stated that even if Hamas agrees to a ceasefire and the release of hostages, Israel will execute plans for a military takeover of the entire Gaza Strip.
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01:32

The leaders of South Korea and Japan issued a joint press release emphasizing the steady advancement of bilateral relations.

South Korean President Lee Jae-myung and Japanese Prime Minister Shingo Nishida held talks in Tokyo on August 23, releasing a joint press statement, marking the first time in 17 years that South Korea and Japan have publicly announced the results of talks in this manner. Both sides agreed to resume "shuttle diplomacy" and steadily advance bilateral relations, including cooperation in security, hydrogen energy, and artificial intelligence, as well as expanding personnel exchanges.
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10:56

The leaders of Japan and South Korea have confirmed the expansion of the working holiday visa system.

Jin10 reported on August 23 that on the evening of August 23 local time, Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung held a joint press conference after their talks. Both sides agreed to strengthen strategic communication in the fields of security and economy, and to promote cooperation in cutting-edge areas such as hydrogen energy and artificial intelligence. At the same time, the two leaders confirmed that they would expand the working holiday visa system.
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18:24

Canadian Prime Minister: Had a "productive" conversation with Trump.

BlockBeats news, on August 22, Canadian Prime Minister Carney stated that he had a "productive" conversation with U.S. President Trump. Earlier, according to market news, Canadian Prime Minister Carney spoke with U.S. President Trump on Thursday, and both sides discussed trade challenges and opportunities. (Jin10)
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TRUMP1.16%
16:30

Israel: Even if Hamas agrees to a ceasefire protocol, Israel will still take control of Gaza.

Jin10 Data, August 22 - On the 21st local time, Israeli Prime Minister Netanyahu stated in a media interview that even if the Palestinian Islamic Resistance Movement (Hamas) agrees to a ceasefire protocol, Israel will still take control of the Gaza Strip. Netanyahu said, "We will do this regardless, Israel will not allow Hamas to remain in Gaza." He stated that Israel's goal is to rescue all hostages, disarm Hamas, achieve the demilitarization of Gaza, and "give the people of Gaza a different future."
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14:50

The Central Bank of Israel has kept the interest rate unchanged for the 13th consecutive time.

On August 20, Jin10 reported that the Central Bank of Israel has maintained interest rates for the 13th consecutive time, cautiously weighing the economic slowdown against the ongoing uncertainty brought about by the Gaza conflict. On Wednesday, the bank kept the benchmark interest rate at 4.5%, in line with market expectations. The day before this decision, Prime Minister Netanyahu's cabinet approved a budget increase equivalent to about 1.5% of GDP to cover war expenses. This year's revised budget added 30 billion shekels (about 8.8 billion USD) in defense spending, raising the estimated fiscal deficit from 4.9% to 5.2%. Israel plans to take control of Gaza City in the coming weeks, a move that will require the mobilization of tens of thousands of reserve soldiers and may further exacerbate supply chain tensions. A new ceasefire proposal put forward by Egypt and Qatar, which has been accepted by Hamas, could delay or even cancel the aforementioned plans. However, Israel has not yet clarified whether it is willing to cease fire immediately.
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14:30

Swedish Prime Minister: Sweden can provide air and maritime security resources for Ukraine.

Jin10 data reported on August 20, the Prime Minister of Sweden, Ulf Kristersson, stated on Wednesday that Sweden hopes to provide security guarantees to Ukraine as part of a multinational coalition to support the end of the war with Russia. Kristersson mentioned in an interview with Swedish public radio SR that Sweden might offer aerial surveillance and potential naval resources based on overall demand and if it is secure to do so.
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07:47

Jin 10 collation: The possible location of the "Puze Meeting" will be released, where will the historic handshake between the heads of state of Russia and Ukraine be staged?

Putin proposed Moscow as a meeting place with Zelensky but was rejected, and the Austrian Chancellor stated that Vienna is suitable for dialogue. Hungary has become a "safe house" recognized by both the US and Russia, where Trump discussed this location with the Hungarian Prime Minister. Macron suggested a meeting in Geneva, Switzerland, and Istanbul, Turkey, was also mentioned.
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07:46

It is reported that Israel will draft 60,000 reservists to expand its offensive in Gaza.

Jin10 data reported on August 20 that, according to an Israeli government official, despite being prepared to respond to the new ceasefire proposal, the Israeli military still plans to call up about 60,000 reservists to increase its offensive against Hamas in Gaza. The official stated that the call-up announcement could be issued as early as Wednesday. This move would nearly double the number of military personnel deployed in or around Gaza. Israeli Prime Minister Netanyahu has recently approved ground forces to take over Gaza City—the de facto capital of Palestinian territories—with the aim of destroying the remaining strongholds of Hamas.
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16:58

The Egyptian president and the Qatari prime minister held talks, emphasizing continued efforts to achieve a ceasefire protocol in Gaza.

Jin10 reported on August 19 that on August 18 local time, Egyptian President Sisi met with visiting Qatari Prime Minister and Foreign Minister Mohammed. The two sides consulted on bilateral relations and regional situation issues such as the Gaza ceasefire negotiations. Both parties emphasized the importance of ongoing cooperation with the United States to reach an agreement that ensures an immediate ceasefire in the Gaza Strip, allows humanitarian aid to enter urgently and without obstruction, and ensures the release of detained individuals from both the Palestinian and Israeli sides. The two sides also expressed strong opposition to any attempts by Israel to reoccupy the Gaza Strip and to expel Palestinians from their homes. They stressed that establishing an independent Palestinian state with East Jerusalem as its capital, based on international legitimacy resolutions, is the only way to achieve lasting peace and stability in the Middle East.
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16:07

The yield on UK 30-year inflation-linked bonds has reached a new high since 1998.

Jin10 data reported on August 18, the yield on UK long-term inflation-linked government bonds has surpassed the peak seen three years ago during the bond market crash, reflecting a continuous decline in market demand for these types of bonds. The yield on 30-year inflation-linked government bonds briefly rose to 2.54%, the highest since 1998, exceeding the peak in September 2022 when former Prime Minister Truss's economic plan triggered a selling spree among leveraged pension funds. However, unlike the yield during the big dump in 2022, which soared from negative values to historical highs within days (with a single-day jump of 76 basis points), the recent rise has been a gradual accumulation. This trend reflects a decrease in demand for these bonds from fixed-income pension funds, while investors are demanding higher compensation to bear long-duration risks.
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03:42

The UK, France, and Germany will decide whether to attend the US-Ukraine summit.

Jin10 reported on August 17 that German Chancellor Merz, French President Macron, and British Prime Minister Starmer will hold consultations on the 17th to decide whether to travel to the U.S. to participate in the talks between Trump and Zelensky on the 18th. TASS reported, citing German media, that the final decision to go depends on receiving a formal invitation from the U.S. Although Trump suggested that Zelensky invite European leaders to the U.S., no formal invitation has been issued as of now.
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TRUMP1.16%
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