According to many Iranian media reports, on the 4th local time, the Iranian Parliament voted to pass an amendment to the Iranian Currency and Banking Law, which changed the official currency “Rial” to “Turman” Toman). The new bill requires the Central Bank of Iran to recalculate the exchange rate in “Turman” after considering the currency reserves and the commitment to the International Monetary Fund. The law also clearly stipulates that.. Read More
Is the bowl of soup from Station B poisonous or not?
1 When I was still a “young wave”, I was a kind of “young wave” with particularly weak academic performance. My grandfather always told me how happy your life is now, you can eat enough and go to school. I told Grandpa very seriously that his life is what I yearn for. I do n’t have to go to school and watch TV every day at home. According to today.. Read More
“Nature” published European research: artificial synthesis of new coronavirus based on gene sequence within one week
On May 4, local time, the international top academic journal “Nature” published an online study in the form of “Accelerated Article Preview” (Accelerated Article Preview) from a number of scientific research institutions in Switzerland, Germany, and Russia. Rapid reconstruction of SARS-CoV-2 using a synthetic genomics platform “. Based on the known gene sequence of the new coronavirus, the team quickly constructed a live new coronavirus in yeast by reverse genetics.. Read More
Bank of China: Has studied and proposed to respond to customer requests, if no settlement can be settled by lawsuit
On the evening of May 5, Bank of China’s website issued an “Announcement on Responding to Customers’ Requests for” Crude Oil “products, saying that the” Crude Oil “products of the Bank of China linked to the CME WTI crude oil May futures contract In accordance with the official settlement price of CME on April 20th, U.S. time, the settlement was negative, and long clients suffered a large loss. The unprecedented.. Read More
What can people who do not trade stocks learn from Buffett?
Although Buffett is known as the “stock god”, the annual shareholder meeting has also become a “pilgrimage” for global investors. However, Buffett’s thinking has already surpassed the investment itself and has become a comprehensive consideration of the company’s value. As an aggregator of value investment, Buffett’s philosophy was summarized by the investment community as “long-term holding to beat the market with compound interest”, but most people are not aware of.. Read More
Liquidity Economics | The “ripple effect” of bank balance sheet reconstruction
Almost all banking crises first manifest as liquidity crises, concentrated as asset value losses. Once the loss exceeds the capital, the liquidity crisis evolves into a payment crisis. The reason for the liquidity crisis of banks is precisely the creation of too much liquidity, so that their own liquidity is lacking. Liquidity creation and insufficient liquidity In economic analysis, researchers often use the bank ’s total assets or credit size.. Read More
Why we must face recession
The new crown epidemic that has swept the world has caused many economies to shut down. We cannot predict whether there will be any worse, and we will not know when it will be back on track. There is no doubt that we are experiencing a global depression. The question is, how long will the depression last, can the economy return to its previous growth rate? The graph above is.. Read More
Official response to two aerospace launch failures this year: fault location and mechanism are basically clear
Since this year, China ’s aerospace launch has suffered two defeats, but today, China has achieved the first successful mission of the Long March 5B carrier rocket and fought a beautiful “turn over battle”. At the press conference for the first flight mission of the Long March 5B carrier rocket held on the evening of May 5, Ji Qiming, assistant director of the China Manned Space Engineering Office, responded: On.. Read More
The author of the web article initiated the “Fifth Five-Year Breakout” boycott, Reading Group: Mingkai writers talk
Web authors resisted the escalation of reading events. On May 5th, some web writers launched “Fifth Five-Year Break” for online literature platform reading group on Sina Weibo, Zhihu and other online platforms In order to cut off (stop updating), to resist the new contract of the author’s rights and interests contracted by Reading Group. This action was supported by a large number of netizens, and the topic of “55 Diversion”.. Read More
The construction of China’s space station will be completed in the future, and a total of 12 flight missions will be planned.
At the press conference on the first flight mission of the Long March 5B carrier rocket held on the evening of May 5, Ji Qiming, assistant director of the China Manned Aerospace Engineering Office, introduced the successful first mission of the Long March 5B carrier rocket. The “three steps” for the implementation of the “third step” development strategic mission of the manned spaceflight project, which opened the prelude to the.. Read More