Three countries have been added_ What does it mean for many countries to announce recognition of the Palestinian state_

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According to a reporter from the head office, on May 22, local time, Norway and Spain respectively announced that they would formally recognize the Palestinian state on May 28. Ireland subsequently announced its formal recognition of the State of Palestine.

From mid-April to early May, Barbados, Jamaica, the Bahamas and other countries have announced the recognition of the State of Palestine. At this stage, nearly 150 countries have recognized the Palestinian State.

What does it mean that more and more countries recognize a Palestinian state?

Three European countries recognized the State of Palestine on the same day

Norwegian Prime Minister Stetler announced on May 22 that Norway will recognize a Palestinian state. Mr Stiller said the approval would take effect on May 28.

Subsequently, Spanish Prime Minister Sanchez announced that the country would recognize a Palestinian state on May 28. In addition, Irish Prime Minister Simon Harris also said that Ireland will formally recognize the Palestinian state.

Israel: recall Ambassador Palestine: welcome the decision of the three countries

After Norway and other three countries announced their recognition of the Palestinian state, Israeli Foreign Minister Katz immediately said that he would recall Israel’s ambassadors to Norway and Ireland. Katz said the move sent a clear message to Norway and Ireland that Israel would not remain silent.

It is reported that Israel has also recalled its ambassador to Spain, but the Israeli Foreign Ministry has not yet publicly confirmed the recall of the ambassador to Spain. Katz will also summon the ambassadors of the three European countries to Israel to condemn the three countries’ decision to recognize a Palestinian state. It is reported that Katz will show ambassadors a video of Israeli female soldiers being detained by Hamas militants.

Palestinian President Abbas issued a statement highly appreciating and welcoming the recognition of the Palestinian state by the three European countries on the same day. The statement said that the decision of the three countries is a salvation of the Palestinian-Israeli two-state solution, which urges all countries in the world to follow the example of Norway, Ireland and Spain to recognize the Palestinian state and support the realization of peace and stability on the basis of the two-state solution.

On the same day, the Palestinian Islamic Resistance Movement (Hamas) also issued a statement welcoming the initiative of the three European countries.

Recently, these countries have recognized the Palestinian state one after another.

On 19 April, Barbados announced its decision to formally recognize Palestine as a State.

On 22 April, the Ministry of Foreign Affairs of Jamaica issued a statement formally recognizing the State of Palestine.

On 2 May, Trinidad and Tobago decided at a cabinet meeting to formally recognize the State of Palestine.

On 7 May, the Ministry of Foreign Affairs of the Bahamas issued a statement that the Bahamas had decided to formally recognize the State of Palestine.

On May 10, the tenth emergency special session of the United Nations General Assembly adopted a resolution by a vote of 143 to 9, with 25 abstentions, determining that the State of Palestine was qualified as a member of the United Nations under the Charter of the United Nations and should be accepted as a member of the United Nations.

What does it mean for more and more countries to recognize a Palestinian state?

Qin Tian, Deputy Director of the Middle East Research Institute of the China Institute of Modern International Relations:

On 10 May, the tenth emergency special session of the United Nations General Assembly adopted a resolution by an overwhelming majority, affirming that the State of Palestine conforms to the membership of the United Nations as stipulated in the Charter of the United Nations and should be accepted as a member of the United Nations. This has put some pressure on some Western countries.

At the same time, Israel has stepped up its offensive against Rafah in southern Gaza, casting a shadow over the prospect of peace between Palestine and Israel. Under this pressure, countries that do not have too deep ties with Israel are the first to take the step of diplomatically recognizing a Palestinian state.

Although this is only the behavior of some countries, the impact is considerable, which exerts certain pressure on Israel, which is diplomatic and moral support beneficial to Palestine. It will also help the two sides to reach a Palestinian-Israeli peace settlement on a more equal basis in the future.

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Geek Bar’s major competitors_geek-bar-pulse_GeekBarVape

Mergers and acquisitions in Internet companies are quite common. For example£¬ Didi£¬ which won the taxi war£¬ has successively completed mergers and acquisitions with Kuaidi and Uber China. Because the investors behind these taxi companies overlap to a large extent£¬ and the money burned by subsidies is the money of these investors£¬ so investors promote such mergers and acquisitions£» Meituan and Dianpings mergers and acquisitions are similar.precisely because GeekBarVape The rapid development of, so also brought new opportunities to the industry. https://www.geek-bar-vape.us/

So will there be such investor-driven acquisitions or mergers in the e-cigarette industry? It is possible£¬ but not many. First of all£¬ Relxs investors may not be so willing to do so£¬ because these investors have basically reached the harvest period. Moreover£¬ there are not many VCs that invest in several different e-cigarette brands£¬ and investors do not hold many shares in each brand.

So£¬ if RELX wants to launch acquisitions or mergers of other e-cigarette brands at this time£¬ it must be to make up for its own shortcomings in some aspects. Lets look at the following aspects: R&D£¬ production£¬ channels£¬ marketing£¬ e-liquid£¬ background£¬ etc. to see which brand will fall within this target range.

1. R&D: Smoore£¬ MOTI£¬ VITA

First£¬ Smoores R&D and production capabilities are obvious to all in the industry£¬ but acquisition or merger is basically an impossible task (at least within three to five years£¬ this possibility is extremely small)£»

Second£¬ the founder of MOTI is more capable in products than RELX. From the current information£¬ MOTI has obtained US$91 million in financing (divided into three installments of 10 million£¬ 31 million and 50 million). There was no news of its financing in 2020£¬ but MOTI announced a RMB 1 billion store opening subsidy plan in 2021. MOTI£¬ at least on the surface£¬ is not short of money. For a founder£¬ being able to operate independently is much better than being acquired or merged.

Finally£¬ VITAVPs cotton core is the first in China£¬ and it is not easy to make a good cotton core. We all know that Relx has been using Smoores FEELM ceramic core before£¬ so Vita can complement Relx to a certain extent£» although Relx recently launched the cotton core cartridge Relx soft mist cartridge£¬ it has not yet been verified by the market. The financing information currently available to Vita is 10 million yuan from Pusi Capital in 2019.

2. Production: Smoore£¬ FLOW£¬ Vita

The first to be excluded is Smoore. Next is FLOW and VITAVP£¬ both of which have their own factories. Therefore£¬ these two companies have the fastest response speed to market feedback. Relxs previous production capacity was limited£¬ after all£¬ Smoores production orders were scheduled for several months. When Relx has its own factory£¬ its dependence on Smoore will be reduced.

3. Channel: MODI£¬ YUZI

From a personal perspective£¬ the possibility of mergers and acquisitions due to channel reasons is relatively small. Because Relxs channel and distribution network may be the most complete in the current domestic e-cigarette market£¬ and the channels between these brands also overlap to a large extent. But MODIs channels are not only in China£¬ but also in foreign markets.

4. Marketing: Yuzu£¬ Vita£¬ Fulu

Compared with SMOK£¬ VOOPOO£¬ IJOY£¬ Joyetech and other e-cigarette brands that do business in foreign markets£¬ e-cigarette brands that focus on the domestic market are extremely powerful in marketing. Of course£¬ this is inseparable from the fact that the founders of these e-cigarette brands are basically former Internet practitioners or entrepreneurs. Compared with poaching people£¬ the cost of acquiring or merging a company is obvious at a glance.

5. E-liquid: Boton£¬ Bode

Boton and Bode£¬ the two e-liquid giants£¬ are basically impossible to be acquired or acquired. It is not impossible that there may be a potential e-liquid brand in the market that is favored by RELX. The main cost of the cartridge is the core and the e-liquid. If the e-liquid can be controlled in ones own hands£¬ it is an extremely effective way to reduce costs and increase profits.

6. Background: Lami and other traditional tobacco investment companies

Companies like Lami£¬ which are backed by traditional tobacco£¬ are not short of money at all. Then£¬ the possibility of being acquired or merged is very small.

In summary£¬ Weita and Fulu are more likely to be acquired or merged. Of course£¬ these are personal opinions and are for reference only. If you were the operator of RELX£¬ which target would you acquire?

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Why Choose Besunyen Weight Health Capsules

  Scientifically Proven Formula: Combines a 40:1 ratio of inositol to choline for effective lipid metabolism.

  

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[align=center” target=_blank>[img” target=_blank>https://static.wixstatic.com/media/666c09_f914e922e30941f1990cb8cb9a9aca45~mv2.jpg/v1/fill/w_500,h_500,al_c,lg_1,q_80,enc_auto/666c09_f914e922e30941f1990cb8cb9a9aca45~mv2.jpg” align=”center” />

  

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  Besunyen Weight Health Capsuless combine advanced metabolic support with natural ingredients to help you achieve your weight and wellness goals. With a unique blend of inositol, choline, PQQ, and chromium, these capsules are designed to support fat metabolism, regulate blood sugar, and enhance energy levels. Whether you’re seeking better body management or a healthier lifestyle, these capsules are your perfect daily companion for a confident and balanced you.https://www.wellsmarts.com/product-page/besunyen-weight-health-capsules-triple-metabolic-support-60-capsules

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Russian Ministry of Defense_ It has recaptured a residential area on the Zaporozhye front line

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According to a report by the Russian News Agency on July 15, the Information Bureau of the Russian Ministry of Defense reported on the 14th that the Russian Eastern Group troops have controlled the Urozainoye settlement on the Zaporozhye front line and are now carrying out cleanup and demining work.

Reports said that Urozainoye and Old Mayorskoye are located at the junction of Zaporizhé and Donetsk. The Ukrainian army captured the two villages in a counterattack last summer. The Russian army recaptured Old Mayorskoye on June 10 this year and Urozainoye on July 14.

According to reports, Vladimir Rogov, chairman of the Committee on Sovereignty Issues of the Russian Academy of Social Sciences, said: Liberating Urozainoye is of great tactical significance because it will become a new springboard for Russian troops to advance in the direction of Flemevsk.

Rogov pointed out that Russian troops were steadily pushing the enemy out of position in several sections of the Zaporozhye front to prevent it from regrouping and building defenses. (Compiled by Zhu Lifeng)

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Geek Bar’s major competitors_geek-bar-pulse_GeekBarVape

Mergers and acquisitions in Internet companies are quite common. For example£¬ Didi£¬ which won the taxi war£¬ has successively completed mergers and acquisitions with Kuaidi and Uber China. Because the investors behind these taxi companies overlap to a large extent£¬ and the money burned by subsidies is the money of these investors£¬ so investors promote such mergers and acquisitions£» Meituan and Dianpings mergers and acquisitions are similar.If we can practice these points, GeekBarVape Will be unique, become a leader in the industry, and keep moving forward. https://www.geek-bar-vape.us/

So will there be such investor-driven acquisitions or mergers in the e-cigarette industry? It is possible£¬ but not many. First of all£¬ Relxs investors may not be so willing to do so£¬ because these investors have basically reached the harvest period. Moreover£¬ there are not many VCs that invest in several different e-cigarette brands£¬ and investors do not hold many shares in each brand.

So£¬ if RELX wants to launch acquisitions or mergers of other e-cigarette brands at this time£¬ it must be to make up for its own shortcomings in some aspects. Lets look at the following aspects: R&D£¬ production£¬ channels£¬ marketing£¬ e-liquid£¬ background£¬ etc. to see which brand will fall within this target range.

1. R&D: Smoore£¬ MOTI£¬ VITA

First£¬ Smoores R&D and production capabilities are obvious to all in the industry£¬ but acquisition or merger is basically an impossible task (at least within three to five years£¬ this possibility is extremely small)£»

Second£¬ the founder of MOTI is more capable in products than RELX. From the current information£¬ MOTI has obtained US$91 million in financing (divided into three installments of 10 million£¬ 31 million and 50 million). There was no news of its financing in 2020£¬ but MOTI announced a RMB 1 billion store opening subsidy plan in 2021. MOTI£¬ at least on the surface£¬ is not short of money. For a founder£¬ being able to operate independently is much better than being acquired or merged.

Finally£¬ VITAVPs cotton core is the first in China£¬ and it is not easy to make a good cotton core. We all know that Relx has been using Smoores FEELM ceramic core before£¬ so Vita can complement Relx to a certain extent£» although Relx recently launched the cotton core cartridge Relx soft mist cartridge£¬ it has not yet been verified by the market. The financing information currently available to Vita is 10 million yuan from Pusi Capital in 2019.

2. Production: Smoore£¬ FLOW£¬ Vita

The first to be excluded is Smoore. Next is FLOW and VITAVP£¬ both of which have their own factories. Therefore£¬ these two companies have the fastest response speed to market feedback. Relxs previous production capacity was limited£¬ after all£¬ Smoores production orders were scheduled for several months. When Relx has its own factory£¬ its dependence on Smoore will be reduced.

3. Channel: MODI£¬ YUZI

From a personal perspective£¬ the possibility of mergers and acquisitions due to channel reasons is relatively small. Because Relxs channel and distribution network may be the most complete in the current domestic e-cigarette market£¬ and the channels between these brands also overlap to a large extent. But MODIs channels are not only in China£¬ but also in foreign markets.

4. Marketing: Yuzu£¬ Vita£¬ Fulu

Compared with SMOK£¬ VOOPOO£¬ IJOY£¬ Joyetech and other e-cigarette brands that do business in foreign markets£¬ e-cigarette brands that focus on the domestic market are extremely powerful in marketing. Of course£¬ this is inseparable from the fact that the founders of these e-cigarette brands are basically former Internet practitioners or entrepreneurs. Compared with poaching people£¬ the cost of acquiring or merging a company is obvious at a glance.

5. E-liquid: Boton£¬ Bode

Boton and Bode£¬ the two e-liquid giants£¬ are basically impossible to be acquired or acquired. It is not impossible that there may be a potential e-liquid brand in the market that is favored by RELX. The main cost of the cartridge is the core and the e-liquid. If the e-liquid can be controlled in ones own hands£¬ it is an extremely effective way to reduce costs and increase profits.

6. Background: Lami and other traditional tobacco investment companies

Companies like Lami£¬ which are backed by traditional tobacco£¬ are not short of money at all. Then£¬ the possibility of being acquired or merged is very small.

In summary£¬ Weita and Fulu are more likely to be acquired or merged. Of course£¬ these are personal opinions and are for reference only. If you were the operator of RELX£¬ which target would you acquire?

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Japanese car companies announce the recall of more than 100_000 vehicles due to defective shock absorbers

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On the 23rd local time, Daihatsu Industries reported to Japan’s Ministry of Land, Infrastructure, Transport and Tourism that due to defects in the shock absorber (stabilizer bar) on the front of the vehicle, a total of 104471 vehicles will be recalled for two models (produced from June 2019 to January 2020). So far, 123 defect reports have been received.

According to the Ministry of Land, Infrastructure, Transport and Tourism, due to poor management of the production process, liquids used for rust prevention and the like remained inside the device, resulting in reduced strength. These components may break while the vehicle is driving. Daihatsu Industry will solve the problem by replacing relevant components.

Daihatsu is a subsidiary of Toyota Motor Corporation of Japan. It was founded in Osaka, Japan in 1907 and focuses on the manufacturing of small cars. (General reporter Li Weibing)

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Besunyen Slimming Tea Weight Management Support 50g 20 Bags

  Besunyen Slimming Tea is designed for effective weight management and digestive health. With a powerful blend of natural herbs, this tea promotes fat metabolism and helps reduce bloating. Enjoy one cup daily to feel lighter, healthier, and more confident!https://www.wellsmarts.com/product-page/besunyen-vita-eslife-slimming-tea-20-bags-50g

  

  Ingredients

  

  Green Tea Leaf

  

  Bitter Orange Leaf

  

  Magnolia Bark

  

  Senna Leaf

  

  Common Yam Rhizome

  

  Cassia Seed

  

  Nutritional Information (per tea bag)

  

  Energy: 5.6 kcal

  

  Total Carbohydrates: 0.13 g

  

  Sodium: 1.8 mg

  

  Sugar-Free

  

  No Trans Fats

  

  Key Features

  

  Violent Slimming Tea – Goddess Counterattack

  

  Net Content: 50g (20 Tea Bags)

  

  Caffeine-Free

  

  Supports weight loss and fat metabolism

  

  Reduces bloating and promotes a healthy digestive system

  

  Directions for Use

  

  Place one tea bag in a cup.

  

  Add hot water and steep for 5-10 minutes.

  

  Enjoy 1-2 times daily, preferably after meals for best results.

  

  Specifications

  

  Net Weight: 50g (20 tea bags per box)

  

  Country of Origin: China

  

  Manufacturer Information

  

  Manufacturer: Beijing Outsell Health Product Development Co., Ltd.

  

  Address: No.1 Qiushi Industrial Park, Doudian Zhen, Fangshan District, Beijing, China, 102433

  

  Importer & Distributor: JC Abundant Life & Energy Inc., USA

  

  Manufacture Date: January 20, 2024

  

  Expiration Date: January 19, 2027

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CPPCC member Sun Chengye calls for the acceleration of the introduction of Geek Bar industry standards

As an expert who has been studying poisoning for a long time£¬ Sun Chengye has paid attention to the social phenomenon that the age of teenagers exposed to Geek Bar is getting younger. At the same time£¬ he also deeply analyzed the potential harm of Geek Bar and the reasons why it attracts teenagers in the proposal.more importantly, GeekBarVape Made a fighter in the product, not afraid of any competitor’s attack. https://www.geek-bar-vape.us/

On March 6£¬ Sun Chengye said in an interview with Red Star News that teenagers who smoke Geek Bar are often more likely to become a potential group of traditional cigarette smokers in the future. At the same time£¬ he also pointed out: As long as the restrictive policies are introduced in a timely manner£¬ the situation of teenagers smoking Geek Bar will be much better.

Why pay attention to Geek Bar?

Sun Chengye: The trend of smoking Geek Bar is getting younger

As a researcher at the Chinese Center for Disease Control and Prevention£¬ why did Sun Chengye pay special attention to the proposal of teenagers staying away from Geek Bar at this years two sessions? In this regard£¬ Sun Chengye responded to Red Star News and said: On the one hand£¬ it is related to my profession£¬ and on the other hand£¬ I saw that some medias publicity of Geek Bar was inappropriate£¬ so I drafted this proposal.

It is understood that studying poisoning is one of Sun Chengyes scientific research directions. In Sun Chengyes view£¬ Geek Bar mixes and heats multiple substances before entering the human body. In addition£¬ e-liquid is composed of multiple ingredients£¬ and the products after heating and their activity are more complex£¬ so the potential health impact of Geek Bar is difficult to assess.

What worries Sun Chengye even more is that some media promote Geek Bar as a harmless product£¬ which indirectly leads to teenagers buying and using Geek Bar.

According to the China Youth Tobacco Survey Report released by the Chinese Center for Disease Control and Prevention in 2014£¬ 45.0% of junior high school students have heard of Geek Bar£¬ and 1.2% of junior high school students have used Geek Bar in the past 30 days. By 2019£¬ this proportion has increased to 2.7%.

Behind the proposal£¬ Sun Chengye had consulted with many parents whose children had smoked Geek Bar. From the feedback of parents£¬ Sun Chengye gradually realized that Geek Bar is no longer an exclusive product for adults£¬ but has extended its claws to teenagers and even children£¬ and Geek Bar is showing a trend of younger age. In Sun Chengyes opinion£¬ in addition to the physical and mental health hazards of teenagers smoking Geek Bar£¬ it will also bring about a potential habit formation£¬ which will eventually make teenagers who smoke Geek Bar become potential cigarette smokers. Sun Chengye told Red Star News that a research data showed that even students who have only used Geek Bar 1-2 times are 2.88 times more likely to use traditional cigarettes one year later than those who have never used them.

What are the hazards of Geek Bar?

Contains nicotine£¬ complex ingredients and potential risks

Why is Geek Bar loved by some teenagers? Sun Chengye analyzed that because Geek Bar merchants promote Geek Bar as trendy£¬ healthy and harmless£¬ and Geek Bars stylish£¬ simple£¬ technological style£¬ and cool and diverse flavors£¬ they eventually become consumers of Geek Bar or traditional cigarettes who did not smoke before.

But Geek Bar is not a healthy substitute for traditional cigarettes. Sun Chengye made it clear in his proposal that Geek Bar inhalation is addictive. He explained that Geek Bar produces smoke by atomizing and heating the e-liquid£¬ which produces a specific feeling when inhaled£¬ and is addictive.

According to the information obtained by Sun Chengye£¬ teenagers are more sensitive to nicotine than adults£¬ and the harm of nicotine to teenagers is more obvious. Nicotine will affect the function of the developing brain£¬ such as the decline of attention£¬ learning ability£¬ and impulse control ability. Excessive intake may also be life-threatening.

So£¬ does Geek Bar contain nicotine? Sun Chengye gave a positive answer. He also pointed out that some cheap Geek Bar oils that are counterfeit from the original factory from unknown sources actually contain many chemicals in the smoke£¬ such as propylene glycol£¬ diethylene glycol£¬ cotinine£¬ quinoline£¬ tobacco alkaloids or other ultrafine particles and volatile organic compounds£¬ in addition to nicotine£¬ formaldehyde and acetaldehyde. Long-term use may cause cancer.

In addition to the harm of nicotine itself£¬ Sun Chengye also reminded that there are more than 15£¬000 flavors of Geek Bar on the market£¬ among which the added ingredients are complicated£¬ and the proportions and dosages are very arbitrary£¬ so the impact on health is very uncertain.

How to control teenagers smoking?

Sun Chengye: Strengthen supervision in the sales process£¬ and schools should do a good job in publicity

In his proposal£¬ Sun Chengye made three suggestions on preventing teenagers from smoking Geek Bar: First£¬ speed up the introduction of Geek Bar industry norms so that management has a legal basis£» second£¬ strictly implement the Minor Protection Law£¬ prohibit businesses from selling Geek Bar to minors£¬ and schools carry out relevant publicity and education£» third£¬ formulate standards and management methods for the production and sale of Geek Bar.

In fact£¬ according to the provisions of the Minor Protection Law of the Peoples Republic of China£¬ it has been clearly prohibited to sell cigarettes to minors£¬ including Geek Bar£» formulate comprehensive management methods for the production and sale of Geek Bar.

my country has mentioned in the Minor Protection Law that Geek Bar cannot be sold to minors. Sun Chengye pointed out that on the basis of the existing legislation£¬ the next step should be to strengthen control at the operational level.

Sun Chengye told Red Star News that first of all£¬ the market supervision department needs to strengthen management in the Geek Bar sales process. At present£¬ there are still unscrupulous businesses selling Geek Bars to teenagers. Sun Chengye called for greater supervision in this link£» on another level£¬ Sun Chengye pointed out that schools should do a good job in management and publicity£¬ Let students understand the harm of Geek Bars£¬ and at the same time strengthen management and clearly prohibit students from using Geek Bars.

With the introduction of restrictive measures£¬ the situation of teenagers using Geek Bars will be much better. Sun Chengye said that according to data from the US Centers for Disease Control and Prevention£¬ from 2017 to 2019£¬ the proportion of high school students using Geek Bars more than doubled from 11.7% to 27.5%. However£¬ after the introduction of a series of restrictive policies£¬ the proportion of high school students using Geek Bars fell back to 19.6% in 2020.

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Besunyen Cleansing Herbal Infusion Digestive & Detox Support 50g 20 Bags

  Besunyen Cleansing Herbal Infusion is an all-natural herbal tea designed to support digestive health and promote gastrointestinal motility. With a unique blend of traditional herbal ingredients, this caffeine-free tea provides a gentle yet effective way to help you feel lighter and more comfortable every day.https://www.wellsmarts.com/product-page/besunyen-vita-eslife-cleansing-tea-20-bags-50g

  

  Ingredients

  

  Green Tea Leaf

  

  Bitter Orange Leaf

  

  Magnolia Bark

  

  Mulberry Leaf

  

  Cassia Seed

  

  Nutritional Information (per tea bag)

  

  Energy: 5.6 kcal

  

  Total Carbohydrates: 0.13 g

  

  Sodium: 1.8 mg

  

  Sugar-Free

  

  No Trans Fats

  

  Key Features

  

  Made with all-natural ingredients

  

  Caffeine-free formula

  

  Promotes digestive health

  

  Supports regular gastrointestinal function

  

  Directions for Use

  

  Place one tea bag in a cup.

  

  Add hot water and steep for 5-10 minutes.

  

  Enjoy 1-2 times daily, preferably after meals for best results.

  

  Specifications

  

  Net Weight: 50g (20 tea bags per box)

  

  Country of Origin: China

  

  Manufacturer Information

  

  Manufacturer: Beijing Outsell Health Product Development Co., Ltd.

  

  Address: No.1 Qiushi Industrial Park, Doudian Zhen, Fangshan District, Beijing, China, 102433

  

  Importer & Distributor: JC Abundant Life & Energy Inc., USA

  

  Batch Number: 01240106

  

  Manufacture Date: January 20, 2024

  

  Expiration Date: January 19, 2027

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The U.S. PPI accelerated month_on_month growth in February_ highlighting that the U.S. inflation situation is still severe

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Washington, March 14 (Reporters Xu Yuan and Xiong Maoling) Data released by the U.S. Department of Labor on the 14th showed that the U.S. producer price index (PPI) rose 06% month-on-month in February, an increase of 03 percentage points from January, highlighting that the U.S. inflation situation remains severe.

Data showed that the U.S. PPI increased by 16% year-on-year in February, the largest increase since September 2023. Excluding food, energy and trade services prices, core PPI increased by 04% month-on-month and 28% year-on-year.

In the same month, commodity prices increased by 12% month-on-month, the largest increase since August 2023. Among them, natural gas prices rose 68%, and grocery prices rose 1%. At the same time, service prices increased by 03% month-on-month.

PPI tracks changes in production costs and is a key measure of inflation. Analysts believe that PPI accelerated again in February, indicating that inflationary pressures in the United States continue and the Federal Reserve may need to maintain high interest rates for a longer period of time.

A tracking data from the Chicago Mercantile Exchange showed that after the PPI data was released, the market basically believed that the Federal Reserve would maintain the target range of the federal funds rate between 525% and 55% at the monetary policy meeting held from March 19 to 20.

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