Why can’t Hong Kong people enjoy live broadcast of Kai Tak stadium opening?

Hong Kong's government has decided against a live broadcast of the Kai Tak Sports Park opening ceremony, opting instead for a delayed telecast, a move that has drawn criticism. Despite extensive preparations and investment in the city's largest sports venue, the government's decision has been labeled a missed opportunity to generate excitement and kick off "Hong Kong Super March" in style.

The government cited broadcasting arrangements and production needs as reasons for the delayed telecast, but these explanations have been met with skepticism. The decision raises questions about the government's understanding of how to effectively run mega-events, which requires not only infrastructure and crowd control but also public engagement and anticipation building, skills crucial for Hong Kong's ambition to become a mega-events hub.

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China firm withdraws ‘crazy’ marriage deadline plan to fire single, divorced staff

中国山东省的顺天化工集团因发布通知威胁解雇9月底前仍未婚的单身和离婚员工而受到官方批评。该政策旨在提高公司内部的结婚率,要求28岁至58岁之间的单身和离婚员工在今年9月底前“结婚并安定下来”。

根据公司规定,未在3月底前结婚的员工需要提交自我批评信;若6月底仍未婚,公司将对其进行“评估”;如果到9月底仍然单身,则将被解雇。此外,该公司还提倡忠诚和孝道等传统中国价值观。

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Tracing the rise and fall of Hong Kong’s Democratic Party, now facing oblivion

Hong Kong's Democratic Party, once a significant opposition force, is on the verge of dissolving, signaling a further contraction of the city's political landscape. The party's decline follows the 2020 imposition of the national security law, which has significantly altered Hong Kong's political environment and left the Democratic Party struggling to maintain its relevance.

Since 2021, the Democratic Party has been absent from the Legislative Council, refusing to participate in elections under rules requiring endorsement from the pro-establishment camp. This, coupled with financial difficulties stemming from fears of violating the national security law, has severely hampered the party's ability to operate effectively. The European Union has voiced concerns about the shrinking space for civil society in Hong Kong, while pro-establishment figures have blamed the party for its role in the 2019 protests, highlighting the deep divisions within the city.

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China’s office property market outlook bleak as foreign firms leave in droves

中国写字楼市场下行压力预计今年持续,同时由于世界前两大经济体之间紧张局势加剧,外资企业撤离进一步加剧了市场前景的复杂性。美国律所佳利律师事务所本周成为最新撤离中国的公司之一,表示将于7月关闭其位于北京繁华中央商务区财富金融中心的办公室。此前,贝莱德旗下基金因未能偿还7.8亿美元贷款,被迫放弃上海陆家嘴滨江双辉大厦的两座写字楼。

佳利和贝莱德仅仅是众多缩减在华业务的国际公司中的两家,原因是中美贸易紧张关系升级,以及中国经济增长放缓导致机遇减少。 independent advisory firm for multinational companies in China胡同研究合伙人郭山表示,对于跨国公司而言,撤退是多种因素共同作用的结果,其中最主要的是盈利能力。

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Indonesia’s budget battles sink its aircraft-carrier dreams

Indonesia's ambition to acquire an aircraft carrier faces financial and strategic hurdles. While the Indonesian Navy sees the carrier as useful for non-war operations like humanitarian aid and maritime security, observers question the practicality and cost-effectiveness of such a purchase.

Admiral Muhammad Ali highlighted the need for modernization, pointing to recent acquisitions of Italian frigates and plans for further upgrades. However, experts like Abdul Rahman Yaacob argue that dedicating an aircraft carrier solely to non-combat roles lacks strategic justification, raising doubts about whether the investment aligns with Indonesia's actual needs and resources.

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Crypto derivatives a missing piece in Hong Kong’s virtual-asset push, Deribit says

Deribit, the world's largest cryptocurrency derivatives exchange, is planning to expand its operations in Hong Kong. This move signals confidence in Hong Kong's ambition to become a virtual asset hub, especially as regulators consider introducing virtual asset derivative products for professional investors.

Deribit's decision is driven by Hong Kong's status as a major international financial center with a growing interest in cryptocurrencies among family offices and asset managers. The company views the potential introduction of crypto derivatives trading as a crucial step, as these instruments can be used for both speculation and essential risk management. The Securities and Futures Commission (SFC) recently unveiled a road map of initiatives for the virtual-asset ecosystem, including studying the introduction of virtual asset derivative products for professional investors.

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Police in Berlin break up protests in front of far-right AfD’s headquarters

柏林警方在极右翼德国另类选择党 (AfD) 全国总部前,动用武力驱散了一辆巴士内的抗议活动。警方发言人表示,从巴士内传出了非常响亮的警报声,许多居民感到不安,并拨打紧急电话向警方投诉。警方已确认了三名涉案人员的身份。

这辆巴士隶属于“政治美女中心”组织的抗议活动,该组织对警方的行动表示愤慨。“他们砸碎了窗户,包围了车辆,逮捕了我们整个团队!”该组织在社交媒体上发帖称,“这太明目张胆了,我们无言以对。我们正在参加德国另类选择党的选举派对。法西斯分子继续庆祝。”

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Political theorist Daniel A. Bell reflects on China’s melding of Confucius and Marx

Daniel A. Bell, a political theorist specializing in Confucianism, observes a significant revival of Confucian traditions in China since the 1990s, extending beyond political motivations to encompass economic factors. This shift marks a departure from the 20th century when Confucianism was largely blamed for China's perceived backwardness and targeted during the Cultural Revolution.

The resurgence is attributed to the realization that certain Confucian values, such as a worldly outlook, commitment to self-improvement, and emphasis on education, have proven beneficial for modernization, mirroring the experiences of other Confucian-heritage countries like South Korea and Japan. This revival reflects a reevaluation of traditional values and their potential contribution to China's development.

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Trump administration firing 2,000 USAID workers and putting thousands of others on leave

The Trump administration is eliminating 2,000 positions at USAID and placing the vast majority of remaining staff worldwide on administrative leave. This action follows a federal judge's decision to allow the administration to proceed with its plan, despite a lawsuit from employees seeking to block it.

The move intensifies the administration's month-long campaign against USAID, which has already led to the closure of its Washington headquarters and the shutdown of numerous US aid and development programs globally. President Trump and Elon Musk argue that USAID's work is wasteful and promotes a liberal agenda. In addition to the staff reductions and leaves, hundreds of USAID contractors have reportedly received termination notices.

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Trump’s erratic policies are wrecking US soft power, to China’s benefit

The US is undermining its global influence by retreating from soft power strategies, particularly through cuts to foreign aid, while China is eager to fill the resulting vacuum. For decades, America has shaped global affairs through persuasion, building alliances and inspiring trust. However, recent policies reflect a shift away from this approach, squandering a key strategic advantage as Beijing expands its global influence.

Soft power, the ability to attract and persuade, has been a cornerstone of US leadership, but this is being eroded through erratic foreign policy and disengagement. The administration's view that foreign aid is wasteful has led to significant cuts, despite the relatively small investment yielding dividends in preventing instability and reinforcing America's reputation as a reliable partner. The abrupt changes and program cuts in critical regions are creating opportunities for China to expand its influence.

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American Airlines flight diverted to Rome after ‘alleged bomb scare’

一架从纽约飞往新德里的美国航空公司航班因“疑似炸弹恐吓”于周日下午改道飞往意大利罗马。该航班载有199名乘客和机组人员,在降落前由两架意大利战斗机护送。美国航空公司表示,飞机安全降落在罗马机场,执法部门检查后已允许重新起飞,但未透露所谓的“可能的安全问题”的具体性质。

据机上一位IT顾问描述,飞行员在降落前约三小时以“安全原因”为由宣布改道飞往罗马。乘客们当时都非常害怕,保持安静并服从命令。意大利警方在飞机降落后护送乘客在机场进行安全检查。该航班于周六晚上8点11分左右从纽约肯尼迪国际机场起飞。

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Israel sends tanks into West Bank for first time in decades in ‘dangerous escalation’

以色列坦克数十年以来首次进入被占领的约旦河西岸,巴勒斯坦当局称此举为“危险的升级”。此前,以色列国防部长表示,军队将继续在该地区驻扎一年,并且数万名逃离的巴勒斯坦人不得返回。

美联社记者目睹了数辆坦克沿着未铺砌的道路进入杰宁,长期以来,杰宁一直是抵抗以色列的武装斗争堡垒。以色列正在加深对巴勒斯坦领土的镇压,并表示决心在袭击事件增加的情况下消除武装力量。以军于1月21日在约旦河西岸北部发动攻势,并在加沙目前停火协议生效两天后将其扩大到附近地区。巴勒斯坦人认为,此类袭击是以色列巩固其对该领土控制的努力的一部分,该领土上有300万巴勒斯坦人在军事统治下生活。这些致命的袭击已对城市地区造成破坏。

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US demands EU antitrust chief clarify rules reining in Big Tech

US House Judiciary Chairman Jim Jordan is demanding that EU antitrust chief Teresa Ribera explain the enforcement of the EU's Digital Markets Act (DMA), expressing concern that the regulations disproportionately target American companies. Jordan's request follows a memorandum from former US President Donald Trump, who warned of increased scrutiny of EU digital regulations affecting US tech firms.

The DMA aims to create a level playing field in the digital market by setting rules for major tech companies like Alphabet, Amazon, Apple, and Meta. Jordan argues that these rules impose burdensome regulations on companies and could give European businesses an unfair advantage. He also criticized the potential fines of up to 10% of global annual revenue for DMA violations, suggesting they could be a way for Europe to tax American companies and compel them to adhere to European standards globally.

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Trump shakes transatlantic alliance with sudden Russia pivot

French President Emmanuel Macron and British Prime Minister Keir Starmer will separately meet with US President Donald Trump at the White House this week in an effort to persuade him to maintain support for Ukraine. This comes amid growing concerns in Europe about Trump's shifting stance on Kyiv and its potential impact on the transatlantic alliance.

European leaders are worried that the long-standing bond between the US and Europe, forged after World War II, is at risk as Trump engages in talks with Russian President Vladimir Putin. Many perceive Trump as prioritizing a nationalist agenda and great power politics over the traditional US commitment to a rules-based international order, causing alarm in Europe, which has relied on US security assurances for decades.

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After 9 months on run, French fugitive who staged deadly escape faces court in Romania

Notorious French fugitive Mohamed Amra, who orchestrated a deadly prison escape last year, has been arrested in Bucharest, Romania, following a nine-month international manhunt. Amra, who sported dyed red hair in an apparent attempt to disguise himself, was apprehended near a shopping center after French investigators alerted Romanian authorities that he may have left France.

The arrest also led to the detention of ten other individuals suspected of involvement in Amra's escape and subsequent hiding. Amra's escape in May involved armed assailants ambushing a prison convoy in Normandy, resulting in the deaths of two guards. Interpol had issued a notice for his arrest following the incident, and Romanian judicial authorities will now determine whether to extradite him to France.

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Bibas family invites supporters to Gaza hostages’ funeral procession

The family of Shiri Bibas and her two sons, Ariel and Kfir, who were held hostage and died in Gaza, have announced that their funeral will be held this Wednesday. The family is asking the public to line the route of the procession to pay their respects.

Shiri, Ariel (4 years old), and Kfir (9 months old) were kidnapped by militants during the Hamas attack on Israel on October 7, 2023, which initiated the ongoing war in Gaza. Yarden Bibas, the husband and father, was released separately under a truce agreement, but his wife and children did not survive their captivity. Their remains were among the first to be returned as part of the recent truce deal, marking a tragic end for a family that had become a symbol of the Israeli hostage crisis.

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German conservatives win election but far-right AfD surges, exit polls show

Germany's opposition conservatives have won the national election, positioning Friedrich Merz as the likely next chancellor. The far-right Alternative for Germany (AfD) secured second place, marking their best result in a national election, according to exit polls.

The conservative CDU/CSU bloc garnered 28.5% of the vote, while the AfD followed with 20%. Merz, a 69-year-old economic liberal, aims to provide stronger leadership than his predecessor and improve relations with key allies. However, forming a coalition government will be challenging due to divisions over migration and the handling of the AfD, given Germany's historical sensitivity to far-right politics.

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US expects mineral deal with Ukraine to be signed this week: special envoy Steve Witkoff

US officials are optimistic that an agreement granting the US access to Ukraine's critical mineral deposits will be signed this week. This follows earlier hesitation from Ukrainian President Volodymyr Zelensky, who initially rejected the US proposal.

Special Envoy Steve Witkoff indicated that President Trump intervened to address Zelensky's wavering commitment. Treasury Secretary Scott Bessent echoed this sentiment, expressing hope that the deal would be finalized soon. The agreement comes after previous reports of Zelensky rejecting US demands for $500 billion in mineral wealth in exchange for wartime aid, a sum he argued far exceeded the aid provided.

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Ukraine’s Zelensky ‘would give up presidency if it brought peace and Nato membership’

Ukrainian President Volodymyr Zelensky stated he would resign from his position if it secured peace for Ukraine and facilitated the country's membership in NATO. Zelensky made this declaration at a government forum in Kyiv, marking the third anniversary of Russia's full-scale invasion.

Zelensky's statement seems to address recent suggestions from Donald Trump and Vladimir Putin regarding elections in Ukraine, despite the current martial law prohibiting them. He emphasized his willingness to trade his office for NATO membership, highlighting the importance of a lasting peace under the alliance's security umbrella. Separately, Zelensky reported a record number of strike drones launched by Russia overnight, calling it the largest attack since Iranian drones began targeting Ukrainian cities.

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Hong Kong’s investment promotion arm probes ransomware attack

香港投资推广署的电脑系统遭受勒索软件攻击,目前正在调查是否有个人信息泄露。初步调查显示,攻击影响了包括内部客户关系管理系统、内网以及网站的部分运营,例如联系表格和活动更新。

投资推广署表示,公共服务未受影响,市民仍可通过电话、邮件或会面联系工作人员。风险评估表明,可能受到影响的信息包括客户的基本联系方式和投资推广署员工的记录。该机构承诺,如有进一步调查结果,将及时通知相关方。

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