Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 7 (Xinhua) — At the invitation of the British government, He Lifeng, member of the Politburo of the Communist Party of China Central Committee and Vice Premier of the State Council of the People’s Republic of China (PRC), will visit the UK from June 8 to 13, a spokesman for the Chinese Foreign Ministry said in Beijing on Sunday.
As specified by the Ministry of Foreign Affairs, while in the United Kingdom, He Lifeng will hold the first meeting of the China-US Trade and Economic Consultation Mechanism together with US representatives. –0–
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
Moscow, June 7 /Xinhua/ — In recent years, exchanges between the Volgograd Region of the Russian Federation and China in various areas have become increasingly close, the region is ready to further deepen bilateral mutually beneficial cooperation. This was stated recently by Deputy Governor Anna Pisemskaya at a meeting with foreign journalists.
“The Volgograd Region and China have long-standing, strong friendly ties. Cooperation is stable and dynamically developing,” said A. Pisemskaya, answering a question from a correspondent of the Xinhua news agency.
She noted that in recent years, trade and economic cooperation between the Volgograd Region and China has become increasingly close, and trade turnover continues to grow.
“According to the Federal Customs Service of Russia, in 2024, the volume of trade turnover between the Volgograd Region and China increased by almost 67 percent compared to 2023. In the total volume of foreign trade turnover of the region, the turnover with China accounted for 14.8 percent, taking 1st place out of 104 partner countries in foreign economic activity,” said A. Pisemskaya.
“These figures speak for themselves; our business is more active than business with other countries,” said the deputy governor.
According to her, Chinese investments in the economy of the Volgograd region are not just financial injections, but confident steps towards sustainable development.
“Thanks to advanced technologies and experience of Chinese companies, the region receives a powerful impetus for modernization of industry, agriculture and infrastructure. In turn, the Volgograd Region offers China reliable supplies of high-quality agricultural products, advantageous logistics routes and access to the capacious market of the South of Russia,” said A. Pisemskaya.
She added that every aspect of the partnership between the Volgograd Region and China is built on the principles of mutual respect, common goals and impressive synergy that benefits both parties.
A. Pisemskaya also emphasized that the development of relations between the Volgograd region and China is not limited to foreign trade relations; humanitarian exchanges are also supported.
“Chinese tourists are interested in visiting Volgograd, a hero city with a rich history, and Volgograd residents are increasingly studying the Chinese language and culture, discovering new perspectives for themselves,” she said.
According to official data, today the Russian hero city of Volgograd has three sister cities in China: the city of Jilin in the province of Jilin /Northeastern China/, the city of Qujing in the province of Yunnan /Southwestern China/ and the city of Chengdu in the province of Sichuan /Southwestern China/. And between the Volgograd region and the Chinese province of Jilin, sister city relations have also been established.
In addition, since 2010, when Volgograd State Social and Pedagogical University (VSPU) and Tianjin University of Foreign Languages (TUFLU) jointly created the Confucius Institute at VSPU, Chinese language education in the region has been developing rapidly.
“The Confucius Institute at the Volgograd State Pedagogical University is one of the key centers of Chinese culture and education in the south of Russia,” said A. Pisemskaya, adding that today 394 Chinese students are studying at universities in the Volgograd Region; they not only study, but also actively participate in the social and cultural life of Volgograd and the region.
At the end of May this year, the All-Russian qualifying round of the 24th World Chinese Language Competition among students, secondary school and primary school pupils “Chinese is a Bridge” was held in Volgograd.
In addition, in mid-May of this year, the Volgograd State Conservatory named after P. A. Serebryakov and TUIYA signed an agreement of intent to cooperate. The document marked the beginning of deepened ties between the parties in the field of music education.
“Cultural and humanitarian ties between our regions are only getting stronger, creating a solid foundation for further interaction,” the deputy governor noted.
According to her, the Volgograd region is ready to deepen cooperation with Chinese partners for joint development.
“The plans for the future are even more impressive: joint innovative projects, development of “green” energy, expansion of transport corridors and deepening of scientific and educational cooperation. All this makes the partnership between us a stronghold of fruitful interaction, where each side only wins,” A. Pisemskaya summed up. –0–
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
JERUSALEM, June 7 (Xinhua) — The Israel Defense Forces (IDF) on Saturday issued a warning to residents of two areas in the northern Gaza Strip to evacuate in anticipation of upcoming strikes.
The warning applies to the Abd al-Rahman neighborhood in northwestern Gaza City and the Nahda neighborhood in the Jabaliya refugee camp, IDF spokesman Avichai Adraei said on social media site X.
“This is an advance warning before the attack. The IDF will strike all areas used for launching rockets,” the warning states, calling on residents to “immediately evacuate to the south.”
Israel continues to strike the Gaza Strip as the Palestinian enclave faces a worsening humanitarian situation marked by widespread destruction, limited access to aid, and severe shortages of food, water and medicine. –0–
Through the National Shipbuilding Strategy (NSS), the Government of Canada is committed to strengthening its sovereign shipbuilding capabilities in an increasingly complex global environment. Building vessels domestically creates strong supply chains that help safeguard Canadian naval capabilities and ensure that the Royal Canadian Navy (RCN), the Canadian Coast Guard (CCG) and Transport Canada (TC) are equipped to conduct operations at home and alongside allies.
Today, the Honourable Joël Lightbound, Minister of Government Transformation, Public Works and Procurement, visited Chantier Davie Canada Inc. (CDCI) to celebrate the shipyard’s 200th anniversary. He also took the opportunity to emphasize the importance of prioritizing Canadian supply chains and highlighted the role of the NSS in supporting domestic industry and innovation.
As one of the 3 strategic partner shipyards under the NSS, CDCI plays a critical role in strengthening the country’s maritime capabilities. The shipyard was recently awarded a major contract to build a polar icebreaker for the CCG. In addition, design work is currently underway at CDCI for 6 program icebreakers, which are essential for maintaining year-round access to Canada’s Arctic and supporting northern communities.
Beyond new ship construction, CDCI is a key contributor to the third pillar of the NSS: vessel repair, refit and maintenance. The shipyard is actively engaged in vessel life extension projects, refit and conversion work and sustainment operations across a wide range of fleet assets. These efforts ensure that Canada’s maritime fleet remains resilient, mission-ready and capable of operating both domestically and alongside international allies.
This year marks the 15th anniversary of the NSS. Since its inception, the strategy has revitalized Canada’s marine industry, fostered innovation and created a skilled workforce. NSS contracts awarded between 2012 and the end of 2024 contributed close to $38.7 billion to Canada’s gross domestic product and created or maintained approximately 21,400 jobs annually from 2012 to 2025.
Looking ahead, the Government of Canada remains committed to advancing shipbuilding projects that equip the RCN, the CCG and TC with modern, capable vessels. The NSS will continue to evolve by incorporating lessons learned and working closely with industry partners to deliver long-term value for Canadians.
Source: Hong Kong Government special administrative region
Government steps up efforts in handling water incidents at Queen’s Hill Estate and Shan Lai Court (with photos/video) The Government has set up an expert group comprising three experts from the Drinking Water Safety Advisory Committee (DWSAC), namely the Chairman of the DWSAC, Dr Chan Hon-fai, Mr Chung Chi-ming, and Mr Chan Chi-ming. The expert group will continue to advise on the traceability work of the incident and ensure the investigation results are scientific and objective.
The Secretary for Development, Ms Bernadette Linn, together with the Director of Water Supplies, Mr Roger Wong, and the three members of the expert group, visited the upstream location of the water supply network for Queen’s Hill Estate and Shan Lai Court today (June 7) to inspect the screen filter and learn about the upcoming work at the location of the pipe. The Government briefed the expert group on the assessment that the section of steel pipe with bitumen protective coating on the inner wall at the upstream water supply network at Ping Che Road, which is about 400-metre-long and 600 millimetres in diameter, is believed to be the source of sediments in the water at Queen’s Hill Estate and Shan Lai Court. The expert group considered the assessment reasonable.
The WSD will continue to deepen the traceability work, using advanced technologies, such as robots, to detect the condition of the bitumen coating inside the pipe, so as to further ascertain the specific cause of the incident. An investigation report of the incident will be submitted to the DWSAC for review within two weeks.
Ms Linn said that the WSD will first replace a section of 400-metre-long steel water pipe with bitumen protective coating on the inner wall at the upstream and the works will commence within this year. The WSD will immediately start the preparation work. At present, non-bitumen protective coating is used on the inner wall of over 90 per cent of water pipes in Hong Kong. For the 700-kilometre-long water pipes with bitumen protective coating on the inner wall, the WSD has installed over 1 000 screen filters at suitable locations, and will review, in accordance with the risk-based approach, whether it is necessary to install extra screen filters at other locations. The WSD will formulate a longer-term plan for the replacement of water pipes and will submit a proposal to the Development Bureau for review.
While stepping up the traceability work, the WSD has increased the frequency of water testing. Water samples are collected daily from water tanks at Queen’s Hill Estate (comprising seven buildings, a community centre and a shopping mall) and Shan Lai Court (six buildings) for testing to closely monitor water quality. The testing results are released on the WSD’s website daily. To ensure residents can feel at ease when consuming water, the WSD will continue to arrange water tanks for the estates to provide temporary water supply. The WSD will also promptly address any inquiries received (the WSD’s 24-hour hotline: 2824 5000). The District Officer will strengthen communication with the WSD and the Housing Department (HD) and will immediately follow up on any complaints from residents.
Prompt arrangement has been made by the HD to thoroughly clean again the water tanks in every building of Queen’s Hill Estate and Shan Lai Court within the next seven days. The HD installed a total of 22 high-efficiency filtration devices at the ground-level water inlets of all 13 buildings in Queen’s Hill Estate and Shan Lai Court. These devices will be inspected twice daily to ensure proper operation. The expenses for these measures will be fully borne by the Government.
The HD will display the WSD’s daily water test results in the lobby of each building in Queen’s Hill Estate and Shan Lai Court, with daily updating. If residents observe any issues with water quality, they can call the Queen’s Hill Estate management office (Tel: 2537 0001) or the Shan Lai Court management office (Tel: 2713 9530) and provide their contact information. The management office will follow up by contacting residents and conducting on-site inspections.
The Home and Youth Affairs Bureau (HYAB) and the Home Affairs Department (HAD), together with District Council (DC) members and volunteers from Care Teams (CT), have conducted over 100 visits and gathered cases for referral over the past week, demonstrating through concrete actions their care for the residents of Queen’s Hill Estate and Shan Lai Court over the drinking water incident and its impact on their daily lives.
The HYAB and the HAD will gather over 50 persons comprising DC members, members of the “three district committees” of the North District, and the six sub-teams of the North District CTs, along with staff members of the HD, to conduct home visits today and tomorrow. The visits will include following up with households previously sought assistance in relation to the incident on their current water usage conditions, and making immediate referrals where necessary. The team reached over 850 households during today’s visit; the majority of these households acknowledged water quality has substantially improved. Additionally, three street booths will be set up at key locations in Queen’s Hill Estate and Shan Lai Court to provide residents with the latest updates and practical information, as well as to register residents’ cases for assistance. Issued at HKT 23:44
Source: United States House of Representatives – Congresswoman Robin Kelly IL
CHICAGO — U.S. Rep. Robin Kelly (IL-02) released the following statement after several people were detained by U.S. Customs and Immigration Enforcement (ICE) agents outside an office of the Intensive Supervision Appearance Program (ISAP) in Chicago:
“Chicagoans reported to a routine immigration check-in yesterday — and instead were taken by ICE,” said Kelly. “These unlawful detentions caused chaos, and multiple aldermen and community members tried to protect their neighbors. They were following the law — but the Trump administration does not care about law and order. ICE only cares about meeting random deportation quotas. They’re detaining moms and separating families. It’s cruel and reckless.”
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
Kyiv, June 7 (Xinhua) — On Saturday night, Russia dealt the most powerful blow since the start of the Russian-Ukrainian armed conflict to Ukraine’s second-largest city, Kharkiv. As a result, at least three people were killed and 21 others, including two children, were injured. Kharkiv Mayor Igor Terekhov reported this on Telegram.
During the first hour and a half of the attack, at least 40 explosions thundered in the city, he noted, adding that the Russian army simultaneously used missiles, guided aerial bombs and attack drones.
According to him, as a result of the shelling in Kharkov, 18 apartment buildings and 13 private houses were damaged.
According to the Ukrainian Air Force, on Saturday night the Russian Federation launched a total of 206 drones and nine missiles at Ukrainian territory. The air defense forces managed to neutralize 167 drones and seven missiles. –0–
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
Moscow, June 7 (Xinhua) — Russia on June 6 began the process of transferring more than 6,000 bodies of fallen Ukrainian servicemen to Ukraine and exchanging prisoners of war, but Kyiv unexpectedly postponed both the acceptance of the bodies and the prisoner exchange indefinitely, Vladimir Medinsky, head of the Russian negotiating team, said on Saturday.
“On June 6, in strict accordance with the Istanbul agreements, the Russian side began implementing a humanitarian action to transfer more than 6,000 bodies of dead Ukrainian Armed Forces servicemen to Ukraine, as well as to exchange wounded and seriously ill prisoners of war and prisoners of war under 25 years of age. The first batch of frozen bodies of Ukrainian Armed Forces soldiers, 1,212 in number, has already arrived in refrigerated trucks to the exchange area. The rest are on the way,” V. Medinsky wrote on his Telegram page.
According to the head of the Russian negotiating group, the Russian Defense Ministry’s contact group is on the border with Ukraine. The negotiating group from the Ukrainian side “for some reason did not even arrive at the exchange site,” he says, adding that “the reasons given are various, and rather strange.”
“We call on Kyiv to strictly adhere to the schedule and all agreements reached, and to immediately begin the exchange,” V. Medinsky emphasizes.
So far, the Ukrainian side has not responded to Russia’s accusations. –0–
TO: White House Communications Staff FROM: Office of Management and Budget Staff SUBJECT: The One Big Beautiful Bill Improves the Fiscal Trajectory
Topline: The One Big Beautiful Bill Act (OBBB) significantly improves our nation’s fiscal trajectory by including $1.7 trillion in mandatory savings—the most in United States history—and unleashing economic growth with the implementation of President Trump’s tax policies. Upon enactment of the OBBB, the Trump Administration will have embarked on actions that reduce deficits by at least $6.6 trillion over 10 years.
Highest Level of Mandatory Savings in History: The OBBB dwarfs the mandatory savings included in the high-profile deficit reduction bills of the past. Specifically, it achieves substantially more mandatory spending reductions than the Deficit Reduction Act of 2005 ($140 billion), the Balanced Budget Act of 1997 ($800 billion), the Omnibus Budget Reconciliation Act of 1993 ($370 billion), and the Omnibus Budget Reconciliation Act of 1990 ($440 billion) on an inflation adjusted basis.
The One Big Beautiful Bill Reduces the Deficit: There is no political universe in which Republicans in Congress would allow a 40% tax hike by not extending the 2017 Tax Cut and Jobs Act (TCJA). The Congressional Budget Office (CBO), using conventions that ignore political reality, estimated the effects of the TCJA continuation relative to a baseline that assumed the TCJA would expire, thereby raising taxes by almost $3.8 trillion. An honest portrayal of current future deficits adjusts for the continuation of the TCJA:
Baseline Deficits
Deficit Impact ($ billions)
CBO Baseline Deficit (+) FYs 2025-2034
$21,092
TCJA Extension
$3,760
Change in Debt Service
$594
Current Baseline Deficit
$25,445
On its own, the OBBB reduces the deficit by over $1.4 trillion. Net mandatory savings of $1.7 trillion are partly offset by increases in one-time spending to finally and fully secure the border to defend our Nation from invasion, and to lower taxes from policies such as no tax on tips or overtime that are partly offset with loophole closers in the tax code. The net deficit reduction totals $1.407 trillion, as shown below:
Deficit Effect of Policies in OBBB
Deficit Impact ($ billions)
Border/Defense Spending
$297
Net Mandatory Savings
($1,675)
Net New Trump Tax Cuts
$130
Other Non-Tax Revenues
($95)
Change in Debt Service
($63)
Total Deficit Reduction from OBBB
($1,407)
It is important to note that the $1.7 trillion in mandatory savings are permanent changes in law, which will continue to yield savings long into the future.
Trump Administration Policies Cut the Deficit Sharply: OBBB is just one aspect—albeit a significant one—of the Trump Administration’s deficit reduction strategy, which includes increased tariff revenues, significant discretionary spending cuts, and reversing Biden administration policies that expanded welfare benefits through regulations. Including those items, the Administration has in less than five months started deficit reduction that could exceed $6.7 trillion over 10 years:
The reduction in deficits will be even larger if—as the Administration expects—economic growth from low taxes, regulatory relief, reciprocal trade, unleashing American energy and cutting spending is significantly higher than projected by the CBO.
Bottom Line: While there is more work to be done to deliver on President Trump’s commitment to balance the budget, doing so is not possible without enactment of the OBBB.
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
KUNMING, June 7 (Xinhua) — Li Hongzhong, vice chairman of the Standing Committee of the National People’s Congress (NPC), has called for promoting the cultivation of a sense of community among the Chinese nation and promoting high-quality socio-economic development in ethnic minority areas.
Li Hongzhong, also a member of the Politburo of the CPC Central Committee, made the call during an inspection tour of southwest China’s Yunnan Province from Thursday to Saturday.
During the trip, he visited communities and villages to gain insight into the progress of local efforts to promote ethnic unity and improve rural governance. He also learned about the progress of conservation work at Dianchi Lake in Kunming, capital of Yunnan Province.
Li Hongzhong stressed the importance of further promoting progress in ethnic unity, advancing extensive contacts, exchanges and interactions among various ethnic groups, resolving ethnic issues in accordance with the law, and enhancing governance capacity and level in this area. -0-
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
NANJING, June 7 (Xinhua) — Chinese State Councilor Shen Yiqin has called for strengthening the training of skilled talent and ensuring employment and entrepreneurship for college graduates and other youth to promote high-quality and full employment.
She made the remarks during a tour of Suzhou, Wuxi and Nanjing in east China’s Jiangsu Province from Wednesday to Friday to survey the employment situation and improve vocational skills.
Shen Yiqin learned about the current situation of the employment sector through various visits, and called for improving the quality and focus of work in implementing large-scale professional development programs, and cultivating high-quality professionals.
According to her, it is necessary to effectively use public service agencies and market organizations in a unified manner, provide more accurate and effective employment services, and intensify assistance in finding employment for groups of the population experiencing difficulties in this area.
She also called for full use of existing support policies and optimisation of employment and entrepreneurship services for young groups such as university graduates during the graduation season. -0-
Today, the Prime Minister, Mark Carney, announced a new parliamentary secretary team focused on building Canada strong.
Canadians elected this new government with a mandate to define a new economic and security relationship with the United States, to build a stronger economy, to bring down costs, and to keep our communities safe. Parliamentary secretaries will support their respective cabinet ministers and secretaries of state to deliver on this mandate.
The new parliamentary secretary team is appointed as follows:
Karim Bardeesy becomes Parliamentary Secretary to the Minister of Industry
Jaime Battiste becomes Parliamentary Secretary to the Minister of Crown-Indigenous Relations
Rachel Bendayan becomes Parliamentary Secretary to the Prime Minister
Kody Blois becomes Parliamentary Secretary to the Prime Minister
Sean Casey becomes Parliamentary Secretary to the Minister of Veterans Affairs and Associate Minister of National Defence
Sophie Chatel becomes Parliamentary Secretary to the Minister of Agriculture and Agri-Food
Madeleine Chenette becomes Parliamentary Secretary to the Minister of Canadian Identity and Culture and Minister responsible for Official Languages and Parliamentary Secretary to the Secretary of State (Sport)
Maggie Chi becomes Parliamentary Secretary to the Minister of Health
Leslie Church becomes Parliamentary Secretary to the Secretaries of State for Labour, for Seniors, and for Children and Youth, and Parliamentary Secretary to the Minister of Jobs and Families (Persons with Disabilities)
Caroline Desrochers becomes Parliamentary Secretary to the Minister of Housing and Infrastructure
Ali Ehsassi becomes Parliamentary Secretary to the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy (Canada-U.S. Trade)
Mona Fortier becomes Parliamentary Secretary to the Minister of Foreign Affairs
Peter Fragiskatos becomes Parliamentary Secretary to the Minister of Immigration, Refugees and Citizenship
Vince Gasparro becomes Parliamentary Secretary to the Secretary of State (Combatting Crime)
Wade Grant becomes Parliamentary Secretary to the Minister of Environment and Climate Change
Claude Guay becomes Parliamentary Secretary to the Minister of Energy and Natural Resources
Brendan Hanley becomes Parliamentary Secretary to the Minister of Northern and Arctic Affairs
Corey Hogan becomes Parliamentary Secretary to the Minister of Energy and Natural Resources
Anthony Housefather becomes Parliamentary Secretary to the Minister of Emergency Management and Community Resilience
Mike Kelloway becomes Parliamentary Secretary to the Minister of Transport and Internal Trade
Ernie Klassen becomes Parliamentary Secretary to the Minister of Fisheries
Annie Koutrakis becomes Parliamentary Secretary to the Minister of Jobs and Families
Kevin Lamoureux becomes Parliamentary Secretary to the Leader of the Government in the House of Commons
Patricia Lattanzio becomes Parliamentary Secretary to the Minister of Justice and Attorney General of Canada
Ginette Lavack becomes Parliamentary Secretary to the Minister of Indigenous Services
Carlos Leitao becomes Parliamentary Secretary to the Minister of Industry
Tim Louis becomes Parliamentary Secretary to the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy (Intergovernmental Affairs and One Canadian Economy)
Jennifer McKelvie becomes Parliamentary Secretary to the Minister of Housing and Infrastructure
Marie-Gabrielle Ménard becomes Parliamentary Secretary to the Minister of Women and Gender Equality and Secretary of State (Small Business and Tourism)
David Myles becomes Parliamentary Secretary to the Minister of Canadian Identity and Culture and Minister responsible for Official Languages and Parliamentary Secretary to the Secretary of State (Nature)
Yasir Naqvi becomes Parliamentary Secretary to the Minister of International Trade and Parliamentary Secretary to the Secretary of State (International Development)
Taleeb Noormohamed becomes Parliamentary Secretary to the Minister of Artificial Intelligence and Digital Innovation
Rob Oliphant becomes Parliamentary Secretary to the Minister of Foreign Affairs
Tom Osborne becomes Parliamentary Secretary to the President of the Treasury Board
Jacques Ramsay becomes Parliamentary Secretary to the Minister of Public Safety
Pauline Rochefort becomes Parliamentary Secretary to the Secretary of State (Rural Development)
Sherry Romanado becomes Parliamentary Secretary to the Minister of National Defence
Jenna Sudds becomes Parliamentary Secretary to the Minister of Government Transformation, Public Works and Procurement and Parliamentary Secretary to the Secretary of State (Defence Procurement)
Ryan Turnbull becomes Parliamentary Secretary to the Minister of Finance and National Revenue and Parliamentary Secretary to the Secretary of State (Canada Revenue Agency and Financial Institutions)
Prime Minister Carney also announced that Élisabeth Brière will serve as Deputy Chief Government Whip, and Arielle Kayabaga will serve as Deputy Leader of the Government in the House of Commons.
Quote
“Canada’s new parliamentary secretary team will deliver on the government’s mandate for change, working collaboratively with all parties in Parliament to build the strongest economy in the G7, advance a new security and economic partnership with the United States, and help Canadians get ahead.”
Quick Fact
Parliamentary secretaries are chosen by the Prime Minister to assist ministers and secretaries of state.
In a significant move to bolster economic activity, the Reserve Bank of India (RBI) on Friday reduced the policy repo rate by 50 basis points to 5.50%. The decision was announced following the 55th meeting of the Monetary Policy Committee (MPC), held from June 4 to 6.
Consequently, the Standing Deposit Facility (SDF) rate has been adjusted to 5.25%, while both the Marginal Standing Facility (MSF) rate and the Bank Rate now stand at 5.75%. These changes aim to achieve the medium-term target of 4% consumer price index (CPI) inflation, within a tolerance band of ±2%, while also enhancing growth momentum.
Economic Outlook
The RBI’s policy statement acknowledges a mix of positive and negative factors influencing the economy. While global economic uncertainties persist, recent trends indicate easing market volatility, a recovery in equity markets, and a softening of the dollar index and crude oil prices. However, gold prices remain elevated.
Data from the National Statistical Office (NSO) released on May 30 revealed that India’s real GDP growth for Q4 of 2024-25 was 7.4%, up from 6.4% in Q3. The real Gross Value Added (GVA) increased by 6.8% in the same quarter. For the entire fiscal year 2024-25, real GDP growth was recorded at 6.5%, with real GVA at 6.4%.
Looking ahead, the RBI projects a real GDP growth of 6.5% for 2025-26, with quarterly estimates of 6.5% in Q1, 6.7% in Q2, 6.6% in Q3, and 6.3% in Q4. These projections are based on sustained private consumption, increased fixed capital formation, and supportive government capital expenditure.
However, the policy also notes potential downside risks, including prolonged geopolitical tensions, global trade uncertainties, and weather-related challenges.
The Reserve Bank of India (RBI) has reported a significant decline in consumer price index (CPI) inflation, which moderated to 3.2% year-on-year in April 2025—the lowest in nearly six years. This marks the sixth consecutive month of declining food inflation, while core inflation remained steady during March and April.
Favorable Agricultural Outlook
The RBI attributes this decline to several factors, including record wheat production, higher yields of key pulses during the Rabi season, and an anticipated above-normal southwest monsoon. These developments are expected to ensure adequate supply of essential food items, contributing to the moderation of inflation expectations, particularly among rural households.
Additionally, projections indicate a continued decrease in the prices of major commodities, including crude oil. However, the RBI cautions that weather-related uncertainties and evolving tariff concerns could impact global commodity prices, necessitating vigilant monitoring.
Inflation Projections
Taking these factors into account, the RBI projects CPI inflation for the financial year 2025-26 at 3.7%, with quarterly estimates as follows:
Q1: 2.9%
Q2: 3.4%
Q3: 3.9%
Q4: 4.4%
The RBI emphasizes that while the outlook is favorable, it remains essential to stay alert to potential risks that could affect inflation trajectories.
Chess great Magnus Carlsen recovered from his meltdown against world champion Gukesh Dommaraju last weekend to win the Norway Chess tournament on Friday.
The Norwegian world number one drew his last game against India’s Arjun Erigaisi but it proved enough for him to finish on 16 points, half a point ahead of American Fabiano Caruana.
Indian Gukesh, who lost to Caruana in the final game, ended up third on 14.5 points.
“It’s a huge relief after a day like this, a tournament like this,” Carlsen said.
Last Sunday, Carlsen had Gukesh on the ropes for much of their game but his composure cracked under the pressure of a ticking clock and he committed a blunder that handed Gukesh a decisive advantage.
Carlsen slammed his fist on the table after the defeat before exchanging a quick handshake with Gukesh, apologising for his outburst and storming off.
“Obviously my struggles here have been well documented but at least I fought until the end,” the five-time classical world champion, who did not defend his title in 2023 citing a lack of motivation, said.
“I’m not going to say that this tournament was my last (in standard chess) for sure, but I enjoy other forms of chess a lot more.”
Fifty years ago, in the face of upheaval and geopolitical tensions, a small group of advanced economies formed what is now the G7 – a forum for co-operation, stability, and shared prosperity. In 2025, as global challenges intensify, the G7 must meet this moment with purpose and with force.
Today, the Prime Minister, Mark Carney, announced the priorities that will guide Canada’s 2025 G7 Leaders’ Summit, to be held in Kananaskis, Alberta, from June 15 to 17, 2025.
Anchored in building stronger economies, Canada will seek agreements and co-ordinated action on three core missions:
Protecting our communities and the world – strengthening peace and security, countering foreign interference and transnational crime, and improving joint responses to wildfires.
Building energy security and accelerating the digital transition – fortifying critical mineral supply chains and using artificial intelligence and quantum to unleash economic growth.
Securing the partnerships of the future – catalyzing enormous private investment to build stronger infrastructure, create higher-paying jobs, and open dynamic markets where businesses can compete and succeed.
Other discussions will include a just and lasting peace for Ukraine and other areas of conflict around the world, and a forward-looking agenda that engages partners beyond the G7, recognizing that our long-term security and prosperity will depend on building coalitions with reliable partners and common values.
Quote
“Canada has what the world wants and the values to which others aspire. The G7 Leaders’ Summit in Kananaskis is a moment for Canada to work with reliable partners to meet challenges with unity, purpose, and force. Canada is ready to lead.”
Quick Facts
This is the seventh time that Canada has held the Presidency of the G7.
This year’s Leaders’ Summit in Kananaskis, Alberta, will take place on the traditional territory of the Blackfoot Confederacy Nations of the Kainai, Piikani, and Siksika, and the Stoney Nakoda Nations comprised of the Bearspaw, Chiniki, and Goodstoney First Nations, and the Tsuut’ina First Nation. We also acknowledge the Otipemisiwak Métis People and Government who reside on this territory and all people who make their homes in the Treaty 7 region of Southern Alberta.
Source: People’s Republic of China – State Council News
NANJING, June 7 — Chinese State Councilor Shen Yiqin has called for efforts to intensify the cultivation of skilled talent, ensure employment and entrepreneurship among college graduates and other young people, and promote high-quality and full employment.
Shen made the remarks during a research trip on employment and vocational skills training from Wednesday to Friday in the cities of Suzhou, Wuxi and Nanjing in east China’s Jiangsu Province.
During her trip, Shen learned about the current state of employment through visits to various locations, urging an enhancement of the quality and focus of large-scale vocational training programs, as well as the cultivation of high-quality skilled talent.
It is vital to coordinate and leverage the roles of public service and market institutions, provide more precise and efficient employment services, and strengthen employment assistance for vulnerable groups, she said.
She also called for making full use of existing support policies, and for optimizing employment and entrepreneurship services for young groups such as college graduates during the graduation season.
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
Moscow, June 7 /Xinhua/ – Russia on June 6 began to transfer more than 6,000 bodies of the dead to Ukraine, and exchange the wounded and seriously ill prisoners of war. This was reported on the Telegram channel by Vladimir Medinsky, an aide to the Russian president and head of the Russian delegation at the talks with the Ukrainian side.
As RIA Novosti reports with reference to V. Medinsky, “the Russian side, in strict accordance with the Istanbul agreements, on June 6 began implementing a humanitarian action to transfer to Ukraine more than 6,000 bodies of dead Ukrainian Armed Forces servicemen, as well as to exchange wounded and seriously ill prisoners of war and prisoners of war under 25 years of age.”
“However, the Ukrainian side unexpectedly postponed both the acceptance of bodies and the exchange of prisoners of war for an indefinite period,” he wrote. –0–
Source: State University of Management – Official website of the State –
On June 5, 2025, the Moscow Academic Economic Forum (MAEF-2025) ended, part of the working program of which was held at the State University of Management.
This year, the Moscow Academic Economic Forum was dedicated to the 260th anniversary of the founding of the Free Economic Society of Russia and was devoted to the topic “Russia – 2025: the trajectory of dynamic balanced socio-economic development”. MAEF brought together more than 17.5 thousand specialists from 32 countries, including China, India, Canada, Cuba, Germany, Greece, South Africa, Belarus, Kazakhstan, Azerbaijan and Georgia.
At the ceremonial final plenary session of the MAEF, Vladimir Stroyev, Rector of the State University of Management, spoke: “We are grateful to the Free Economic Society of Russia for the trust to hold part of the forum’s working program at our university. The conference was devoted to discussing issues related to the socio-economic development of Russia. All events of the Free Economic Society are of great interest to the teaching, scientific and student community at our university, so we are glad to be part of this forum today. I hope that we will continue our cooperation and do a lot of useful things for the benefit of Russia and its economy.”
According to the President of the Free Economic Society of Russia Sergey Bodrunov, the strong regional component has become the hallmark of the MAEF. This year, in anticipation of the central events of the forum, work was carried out at 115 regional sites, which were formed on the basis of the leading universities and research centers of the country, divisions and institutions of the Russian Academy of Sciences, and regional organizations of the VEO of Russia.
The plenary session of the MAEF was held on June 4 at the Russian Academy of Sciences, and plenary conferences on June 5 were hosted by 13 sites of leading universities and research centers. The plenary conference on the topic of “Institutes for Balanced Socioeconomic Development of Russia” was held at the State University of Management.
The conference participants discussed a wide range of issues aimed at achieving balanced socio-economic development: the formation of new development institutions, strategic planning, human capital, interdepartmental cooperation, digital technologies and scientific and educational clusters.
The following key recommendations were developed as a result of the conference:
Coordination of development institutions. It was proposed to work out the issue of creating a single coordination mechanism for coordinating the actions of development institutions, aimed at implementing technological and industrial sovereignty in the context of structural transformation of the economy. Solving the problem of personnel shortage. The conference participants noted the paramount importance of the problem of systemic personnel shortage as the main limitation for achieving the goals of economic policy. It was proposed to strengthen interdepartmental and interlevel formats of labor force planning over a 5-15 year horizon, including advanced training of specialists for priority projects. Moreover, the State University of Management is one of the ambassadors of project-based learning. Transition to systemic measures of economic policy. Recognize the need to transition from targeted to systemic measures of economic policy aimed at long-term sustainability and increasing domestic demand for scientific, engineering and production competencies. Formation of a national model of integrated strategic planning. Conference participants expressed support for the idea of creating a national model of integrated strategic planning, which will include monitoring of resource, institutional and demographic constraints, as well as mechanisms for compensating for them through appropriate institutional and financial instruments.
Also, within the framework of MAEF, a youth conference was held, following which GUU student Ekaterina Glyzina (IOM, 2nd year) received a 1st degree diploma in the section “New solutions for the digital age: from theory to practice”.
We congratulate Ekaterina on her diploma, and our entire university on the successful holding of this important event.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
The Boao Forum for Asia’s International Science, Technology & Innovation Forum (ISTIF) was held in Hong Kong for the first time today and yesterday.
Held at the Convention & Exhibition Centre in Wan Chai and co-organised with the Hong Kong Special Administrative Region Government, the conference – themed “Transitioning Towards the Future: Powered by Science, Technology and Innovation” – attracted some 800 leading experts, academics and political and economic leaders from the Mainland and overseas.
The conference focused both on how to capitalise on Hong Kong’s unique advantage of being connected to the Mainland and the outside world and how to foster global co-operation in the field of innovation and technology (I&T).
During its Opening Plenary, Chief Executive John Lee outlined that under the “one country, two systems” arrangement, Hong Kong is the only world city that enjoys both the “China advantage” and the “global advantage”. He added that the city will take full advantage of its established tradition of the rule of law, its world-class universities and its robust intellectual property protection regime as it moves to become an international innovation and technology centre.
Highlighting that the world stands at a consequential crossroads in human history, Mr Lee said the convergence of artificial intelligence and health technology will lead to the next era of humanity’s evolution.
He remarked that innovation must be rooted in international co-operation, and in the open and free exchange of knowledge, talent and ideas.
In today’s Hong Kong Forum, themed “Leveraging the Advantages of Connecting with Both the Mainland and the World to Foster Global Innovation and Technology Collaboration”, renowned Hong Kong experts and political and business leaders from various fields, explored how the city can fully leverage its unique advantages of internal and external connectivity.
Secretary for Innovation, Technology & Industry Prof Sun Dong outlined that the Government has launched a series of robust policies to solidify Hong Kong’s research capabilities, accelerate the transformation of research and development outcomes, and promote the development of the technology industry.
Prof Sun explained that these policies are aimed at building a complete I&T ecological chain encompassing upstream, midstream and downstream sectors, and at promoting interactive collaboration across government, industry, academia, the research community and investors, to turn breakthroughs into impact and ideas into global solutions.
Prime Minister Narendra Modi on Saturday addressed the International Conference on Disaster Resilient Infrastructure (ICDRI) 2025 via videoconferencing, marking the first-ever hosting of the global event in Europe.
Welcoming participants from around the world, the Prime Minister expressed gratitude to French President Emmanuel Macron and the Government of France for supporting the organization of the conference. He also extended his best wishes for the upcoming United Nations Oceans Conference, linking its objectives with the broader mission of building resilient coastal infrastructure.
Highlighting this year’s theme, ‘Shaping a Resilient Future for Coastal Regions’, the Prime Minister emphasized the increasing vulnerability of coastal and island regions in the face of climate change and natural disasters. He cited recent examples such as Cyclone Remal in India and Bangladesh, Hurricane Beryl in the Caribbean, Typhoon Yagi in Southeast Asia, Hurricane Helene in the United States, Typhoon Usagi in the Philippines, and Cyclone Chido in parts of Africa as stark reminders of the devastation caused by extreme weather events. These incidents, he said, underscore the urgent need for proactive disaster management and the development of resilient infrastructure.
Reflecting on India’s own experiences with major natural disasters, including the super-cyclone of 1999 and the tsunami of 2004, PM Modi spoke about how India not only recovered but also laid the groundwork for long-term resilience. The construction of cyclone shelters in vulnerable coastal regions and the establishment of a tsunami warning system that now benefits 29 countries were cited as key achievements in India’s disaster preparedness journey.
The Prime Minister also praised the ongoing efforts of the Coalition for Disaster Resilient Infrastructure (CDRI), which is currently collaborating with 25 Small Island Developing States to construct robust homes, hospitals, schools, energy systems, and water security solutions. He noted the importance of early warning systems in these efforts and welcomed the active participation of countries from the Pacific, Indian Ocean, and Caribbean regions. The PM also lauded the involvement of the African Union in the coalition’s expanding network.
PM Modi outlined his vision for global disaster resilience by identifying five key priorities. He called for the integration of disaster resilience education and skill development in higher learning institutions to equip the next generation with the tools needed to tackle future challenges. He proposed the creation of a global digital repository to document and share lessons learned from disaster-hit regions that have rebuilt with resilience.
Stressing the importance of financial accessibility, the PM advocated for the development of innovative and actionable financing mechanisms to ensure that developing countries can access critical funds for infrastructure. He reiterated India’s recognition of Small Island Developing States as “Large Ocean Countries,” emphasizing the need to focus global attention on their unique vulnerabilities.
Lastly, PM Modi stressed the critical role of strengthening early warning systems and enhancing coordination to enable timely decisions and ensure that communication effectively reaches the last mile during emergencies.
Agriculture has long been the soul of India’s economy and society. Over the past eleven years, under Prime Minister Narendra Modi’s leadership, India’s agricultural landscape has been redefined by a holistic, inclusive, and tech-driven approach that is embodied in the principle of Beej Se Bazaar Tak, or Seed to Market. This transformation puts the farmer at the center of policy-making, with a focus on income security, smart farming, traditional wisdom, and global competitiveness.
Rising investment in the agriculture sector
Recognising the critical role of agriculture, the government substantially increased funding to the sector. The Budget Estimates for the Department of Agriculture and Farmers’ Welfare rose from ₹27,663 crore in 2013–14 to ₹1,37,664 crore in 2024–25. This more than fivefold jump in allocation has enabled investments in infrastructure, innovation, and farmer welfare.
Growth in foodgrain and climate-resilient crops
India’s foodgrain production has grown significantly, from 265.05 million tonnes in 2014–15 to an estimated 347.44 million tonnes in 2024–25. This includes major staples like rice, wheat, pulses, and oilseeds. The focus has also shifted toward increasing production of climate-resilient and nutrition-rich crops, with support for coarse grains, pulses, and oilseeds witnessing sharp growth.
Strengthening procurement and minimum support prices
The government has significantly increased Minimum Support Prices and procurement. Between 2014 and 2025, procurement of 14 Kharif crops reached 7871 LMT, compared to 4679 LMT in the previous decade. The MSP for wheat rose from ₹1,400 in 2013–14 to ₹2,425 in 2024–25, and payments to farmers more than doubled. The MSP for paddy increased from ₹1,310 to ₹2,369 per quintal in the same period. Procurement and MSP support for pulses and oilseeds grew exponentially, empowering farmers in previously underserved regions.
Financial empowerment through direct benefit and credit
Financial empowerment of farmers has become a central theme. Under the PM-KISAN scheme, ₹3.7 lakh crore has been directly transferred to over 11 crore farmers, ensuring income support with full transparency via Direct Benefit Transfer. Kisan Credit Cards have been issued to 7.71 crore farmers, enabling credit access worth ₹10 lakh crore. The credit limit has been raised from ₹3 to ₹5 lakh.
Insurance, irrigation and sustainable practices
Risk management and sustainability are also key components of the new agricultural strategy. The PM Fasal Bima Yojana has enrolled over 63 crore farmers and paid ₹1.75 lakh crore in crop loss claims. The PM Krishi Sinchayee Yojana has invested ₹93,000 crore in irrigation infrastructure, making farming more drought-resistant. The Soil Health Card Scheme has issued 1.75 crore cards and upgraded 8,272 testing labs, encouraging balanced fertiliser use.
Laying the foundation for long-term prosperity
With increased investment, income support, insurance, and irrigation, India’s agricultural foundation has been strengthened. These reforms are not just about enhancing output, but about empowering every farmer with dignity, stability, and opportunity.
India’s agricultural landscape has undergone a historic transformation over the past decade. As the sector becomes more resilient and productive, the focus under Prime Minister Narendra Modi has moved beyond traditional methods to a broader vision—market access, diversification, climate-smart farming, and inclusive rural empowerment.
Infrastructure driving change
At the heart of this transformation is robust infrastructure development. The ₹1 lakh crore Agriculture Infrastructure Fund is supporting over 42,000 projects across India, including modern warehouses and food processing units. These facilities are key to reducing post-harvest losses and increasing farmers’ profits.
The PM Kisan Samriddhi Kendras, now numbering 1.8 lakh, serve as integrated agri-service centers, providing inputs, guidance, and market linkages. Simultaneously, the digital revolution in agriculture is taking root with the e-NAM platform connecting 1,473 mandis across 23 states and 4 union territories, enabling seamless trade worth ₹4 lakh crore. Mega Food Parks have surged from just two in 2014 to 41 in 2025, significantly boosting agro-processing and value addition.
Innovation and entrepreneurship at the grassroots
Innovation and women’s empowerment have emerged as defining features of this new era. The Namo Drone Didi initiative empowers 15,000 women-led self-help groups with drones, enhancing precision farming and creating new income streams. Meanwhile, the AgriSURE fund by NABARD, with a corpus of ₹750 crore, is backing high-potential agri-startups. Already, nearly 2,000 startups have scaled operations under the Rashtriya Krishi Vikas Yojana, integrating technology with grassroots farming.
Diversifying income sources for farmers
Diversification beyond conventional crops is reshaping rural livelihoods. India continues to be the world’s top milk producer, with indigenous milk production rising by 69 percent and providing sustenance to 8 crore individuals. The fisheries sector has nearly doubled in output, supported by renewed attention to inland and marine ecosystems. Food processing capacity expanded from 12 to 242 lakh metric tonnes, while exports have doubled to $9 billion. Beekeeping, another high-value activity, reached 1.42 lakh metric tonnes in honey production, with exports tripling. Under the “Sweet Revolution,” 167 women self-help groups are actively participating.
Towards sustainability and organic farming
Green energy and organic farming are driving the shift towards sustainability. The Ethanol Blending Programme has reached nearly 18 percent blending, ensuring better returns for sugarcane farmers and reducing dependence on fossil fuels. The PM-KUSUM scheme is helping farmers adopt solar pumps and generate clean energy. Natural farming practices, promoted through Paramparagat Krishi Vikas Yojana and the National Mission on Natural Farming, are gaining traction for being eco-friendly and cost-effective.
Reviving traditional grains and future foods
India has also emerged as a global leader in the millet renaissance. After the United Nations declared 2023 the International Year of Millets, India rebranded millets as “Shree Anna” and began promoting them as a health and climate-resilient food option. This revival has reintroduced traditional grains into modern diets and markets, both domestically and internationally.
Strengthening the seed-to-market value chain
The entire agricultural chain—from seed to market—is now more robust than ever. The SMSP Scheme has enabled over six lakh seed villages, ensuring the supply of 530 lakh quintals of quality seeds. Digital tools like the SATHI Portal have brought transparency and traceability to seed distribution systems, empowering farmers with information and access.
Expanding reach through new schemes
To consolidate these gains, new schemes have been introduced. The PM Dhan-Dhaanya Krishi Yojana targets productivity enhancement in 100 underperforming districts, impacting over 1.7 crore farmers. The One District One Product initiative encourages regional agri-specialties, promoting rural entrepreneurship. Additionally, the newly formed Makhana Board will strengthen the value chain and exports of this specialty crop from Bihar.
India’s agricultural journey today reflects more than just rising yields—it embodies a social and economic shift. From modernisation and digitisation to women-led innovation and renewable energy, the sector is poised to lead the way for rural prosperity. As the farmer transitions from food provider to growth driver, a new chapter in India’s development story is being written—one that is inclusive, entrepreneurial, and future-ready.
Source: People’s Republic of China – State Council News
Students walk into a national college entrance examination site in Beijing, capital of China, June 7, 2025. (Xinhua/Gao Jie)
As the 2025 gaokao, China’s national college entrance exam, got underway Saturday morning, a volunteer in Shenyang helped wheelchair-bound student Wang Zhenyu reach the test room safely by coordinating with police to open a green channel, a small gesture reflecting nationwide efforts to support examinees.
While students concentrate on doing their best, authorities have made every effort to ensure the safety and fairness of the exam for its 13.35 million candidates nationwide. In many places, artificial intelligence (AI) technology is introduced for this purpose.
In Benxi City, northeast China’s Liaoning Province, every gaokao exam room is monitored by a real-time intelligent surveillance system that automatically flags irregular behavior — from whispers and frequent glances between students to inattentive proctors — to reinforce discipline and fairness.
AI-powered monitoring systems have also been adopted in other provinces, including Jiangxi, Hubei and Guangdong, enabling real-time surveillance, behavior analysis and early alerts. By detecting irregular behaviors accurately and without human input, the advanced technology eases the burden on exam staff, and strengthens the fairness and integrity of the exam itself.
These advanced measures are playing a vital role in supporting this year’s gaokao. Authorities and communities nationwide have introduced a wide range of initiatives to ensure the exam is conducted safely and fairly, addressing challenges from technological risks and environmental conditions to the physical and mental well-being of students.
TECHNOLOGY ENSURING FAIRNESS
On May 28, China’s Ministry of Education announced strengthened security measures for the 2025 gaokao, emphasizing technological safeguards. Upgrades include stricter entry checks, enhanced screening for devices like phones and smartwatches, radio signal blocking at all exam sites, and the expanded use of intelligent surveillance and inspection systems to strengthen the exam security network.
Upgraded security gates have become a key line of defense in ensuring a fair exam environment in Liaoning. At every test site, students are required to pass through two intelligent security gates capable of detecting small metal objects, including mobile phones, smartwatches, smart glasses, hidden earpieces and other high-tech cheating tools. If an alarm is triggered, teachers follow up inspections with handheld metal detectors.
“Cheating technologies are evolving every year, so this year’s entry screening process is stricter than ever,” said Liu Yang, the principal of Benxi Senior High School. “At the school gates, students are reminded not to carry prohibited devices, and lockers are provided for safe storage. On exam days, dedicated staff also inspect key areas such as walls, restrooms and bins to prevent any form of external information transmission.”
Biometric verification has also become a standard part of the exam security process. At entrances, candidates undergo facial recognition, fingerprint or iris scans to prevent people impersonating exam candidates from entering. Identity checks are conducted multiple times before, during and after exams, each taking just seconds to complete.
In parallel, national radio authorities are actively monitoring test centers and surrounding areas for suspicious signals. By identifying and blocking unauthorized wireless communication, they help prevent cheating via electronic devices.
SOCIAL SUPPORT
Beyond technological safeguards, many regions have taken additional steps to create a calm and supportive exam environment for candidates. These include postponing performances, temporarily closing libraries, cultural centers, museums and sports venues, and adjusting government and business office hours.
In east China’s Anhui Province, the Anhui Huangmei Opera Theatre has suspended all performances from June 5 to 9 to minimize noise near exam venues. Similarly, cultural institutions in Jiangsu, Fujian and Henan have postponed street shows, traditional lion dances and puppet performances to ensure a quiet atmosphere for students.
To ease road traffic and ensure timely arrival, multiple cities have implemented tailored measures such as delaying office start hours and encouraging carpooling or public transit. Traffic police have set up priority lanes and are ready to escort students caught in traffic, ensuring every student reaches their exam site on time. In Benxi, students can even book taxis marked with “gaokao free ride” stickers by phone, or by hailing them on the street and showing their exam admission pass.
To shield students from adverse weather, the Beijing 101 Middle School has set up rain-and-sun shelters, stocked over 200 umbrellas, and ensured first aid support with on-site medical staff. Inside its exam rooms, air conditioning, silent fans and purified drinking water created a comfortable setting.
Beijing has also introduced personalized support measures for students with special needs, including the provision of exam papers in Braille and enlarged print, as well as separate testing rooms. These accommodations ensured that every candidate can take their exams with dignity and confidence.
The Communist Youth League of Anhui has launched a province-wide campaign to support students’ mental health, assigning counselors to schools to provide stress-relief talks and offering online counseling to ease exam anxiety.
These nationwide efforts reflect not only the logistical scale of the gaokao but also the deep societal importance attached to it. Behind every quiet exam room or smooth ride to a test center is a collective commitment to ensuring fairness, opportunity and hope for the future.
Since its reinstatement in 1977, the gaokao has become one of China’s most powerful tools for the promotion of educational equity and social mobility. Rooted in a merit-based selection ethos, the exam allows students from families of all backgrounds to compete fairly. This standardized system ensures transparency and accountability in university admissions for a population of over 1.4 billion.
For many, the gaokao is a life-changing moment, a single chance to transform their future through determination and hard work. It has come to symbolize fairness, opportunity, and the belief that personal effort can change one’s destiny.
Source: People’s Republic of China – State Council News
U.S. President Donald Trump on Friday confirmed that a decision on the next Federal Reserve chair would be revealed soon.
Speaking to reporters on Air Force One, Trump added that former Fed governor Kevin Warsh is “very highly thought of” regarding the post.
Trump lashed out at Fed Chair Jerome Powell again on Friday morning shortly after the release of the U.S. nonfarm payroll report for May.
Trump labelled Power as “Mr. Too Late” and saw him as a “disaster” at the Fed. He urged Powell to cut interest rates by 1 percent.
Interest rates for both long and short-term debt would be greatly reduced if Powell cuts, said Trump in a post on social media.
Trump asserted that there is virtually no inflation anymore and that Powell is costing the country a fortune. If inflation were to return, the Fed could raise rates to counter, said Trump.
Political interference could make it more difficult for the Fed to lower interest rates, according to St. Louis Fed President Alberto Musalem.
Independence is important as it allows for “more anchored inflation expectations,” said Musalem in an interview with the Financial Times published on Friday.
After taking office in 2018, Powell began his second term in 2022, which is set to run through May 2026.
The U.S. president can nominate a candidate for a new Fed chair, but Senate confirmation is required, as stipulated in the Federal Reserve Act of 1913.
Trump repeatedly threatened to fire Powell earlier this year but later stated that he didn’t intend to do so.
Powell has previously stated that the president does not have the legal authority to dismiss a sitting Federal Reserve chair without “cause,” a standard long understood to refer to misconduct rather than policy disagreements.
Source: People’s Republic of China – State Council News
Hong Kong’s benchmark Hang Seng Index closed at 23,792.54 points on Friday. The index has risen 18.6 percent from the end of last year.
The Hong Kong stock market — one of the best-performing markets this year — could offer an insight into the economic vitality of Hong Kong. The city’s initial public offering market had raised more than 76 billion HK dollars (about 9.7 billion U.S. dollars) by late May, a more than sevenfold increase over the same period in 2024.
Hong Kong’s economy is gaining steam. In the first quarter of this year, its real GDP grew 3.1 percent year on year. Recent data indicates its economic momentum has continued into the second quarter.
Hong Kong’s robust performance has even prompted Stephen Roach, a senior fellow at Yale University, to revise his declaration of the city’s demise in an article last year. In a recent Bloomberg report, the economist said that if he were writing a story again, it would be that Hong Kong is experiencing a revival because of its Chinese characteristics, not in spite of them.
Recent credit ratings have demonstrated Hong Kong’s resilience in maintaining stability amid increasing global economic and financial uncertainties. S&P has maintained Hong Kong’s “AA+” credit rating with a “stable” outlook. Moody’s has affirmed the city’s “Aa3” credit rating and upgraded the outlook from “negative” to “stable.”
The optimism of businesses is evident. The results of a survey conducted by the American Chamber of Commerce in Hong Kong earlier this year revealed that 79 percent of respondents had no plans to move their headquarters away from Hong Kong in the next three years. The Fraser Institute’s Economic Freedom of the World 2024 Annual Report ranked Hong Kong as the world’s freest economy among 165 economies.
The region’s vitality can also be seen in its thriving tourism sector and other fields. In the first quarter, Hong Kong received 12.2 million visitor arrivals, up 9 percent year on year. The establishment of the International Organization for Mediation in Hong Kong will also bring new opportunities to the region.
Amid ongoing fluctuations in the global economic landscape, Hong Kong — firmly backed by its motherland — has once again demonstrated its exceptional dynamism and appeal.
This exemplifies the unique advantages of the “one country, two systems” policy. Hong Kong enjoys boundless opportunities by integrating actively into national development strategies, and by deepening international exchange and cooperation. Engaging in Guangdong-Hong Kong-Macao Greater Bay Area development and the Belt and Road Initiative provides Hong Kong with crucial space for its growth.
As an international financial, shipping, and trade hub, Hong Kong has full confidence in sustaining its development and will embrace brighter prospects. Naysayers will be proved wrong again, as they have in the past.
Source: US National Oceanic and Atmospheric Administration
Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports. SEL3
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 383 NWS Storm Prediction Center Norman OK 605 AM CDT Sat Jun 7 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Central and Northern Arkansas
* Effective this Saturday morning from 605 AM until NOON CDT.
* Primary threats include… A couple tornadoes possible Scattered damaging wind gusts to 70 mph likely Isolated large hail events to 1 inch in diameter possible
SUMMARY…A line of intense thunderstorms over northwest Arkansas and eastern Oklahoma will track eastward through the morning across the watch area. Damaging winds along the leading edge of the storms is the primary concern, although occasional tornadoes are also a possibility.
The tornado watch area is approximately along and 65 statute miles north and south of a line from 50 miles west northwest of Russellville AR to 40 miles east southeast of Batesville AR. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU3).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 381…WW 382…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1 inch. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 500. Mean storm motion vector 28035.
…Hart
SEL3
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 383 NWS Storm Prediction Center Norman OK 605 AM CDT Sat Jun 7 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Central and Northern Arkansas
* Effective this Saturday morning from 605 AM until NOON CDT.
* Primary threats include… A couple tornadoes possible Scattered damaging wind gusts to 70 mph likely Isolated large hail events to 1 inch in diameter possible
SUMMARY…A line of intense thunderstorms over northwest Arkansas and eastern Oklahoma will track eastward through the morning across the watch area. Damaging winds along the leading edge of the storms is the primary concern, although occasional tornadoes are also a possibility.
The tornado watch area is approximately along and 65 statute miles north and south of a line from 50 miles west northwest of Russellville AR to 40 miles east southeast of Batesville AR. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU3).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 381…WW 382…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1 inch. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 500. Mean storm motion vector 28035.
…Hart
Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas. SAW3 WW 383 TORNADO AR 071105Z – 071700Z AXIS..65 STATUTE MILES NORTH AND SOUTH OF LINE.. 50WNW RUE/RUSSELLVILLE AR/ – 40ESE BVX/BATESVILLE AR/ ..AVIATION COORDS.. 55NM N/S /20ENE FSM – 36S ARG/ HAIL SURFACE AND ALOFT..1 INCH. WIND GUSTS..60 KNOTS. MAX TOPS TO 500. MEAN STORM MOTION VECTOR 28035.
LAT…LON 36469391 36459099 34579099 34589391
THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS FOR WOU3.
Watch 383 Status Report Message has not been issued yet.
Note: Click for Complete Product Text.Tornadoes
Probability of 2 or more tornadoes
Mod (30%)
Probability of 1 or more strong (EF2-EF5) tornadoes
Low (10%)
Wind
Probability of 10 or more severe wind events
Mod (60%)
Probability of 1 or more wind events > 65 knots
Low (20%)
Hail
Probability of 10 or more severe hail events
Mod (30%)
Probability of 1 or more hailstones > 2 inches
Low (20%)
Combined Severe Hail/Wind
Probability of 6 or more combined severe hail/wind events
High (80%)
For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.
Governor Tim Walz has ordered all United States and Minnesota flags to fly at half-staff at all state buildings in the State of Minnesota from sunrise on Saturday, June 7, 2025, to sunset on Monday, June 9, 2025, in honor and remembrance of Amboy Fire Department firefighter Andrew Karels. Firefighter Karels, who served as the Amboy Fire Department’s medical officer, died on June 2, 2025.
Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)
On June 5 and 6, 2025, Bureau of Alcohol, Tobacco, Firearms and Explosives officials participated in a roundtable co-hosted by the State Department Bureau of International Narcotics and Law Enforcement Affairs and the Secretaría de Seguridad y Protección Ciudadana (Secretariat of Security and Civilian Protection). The roundtable took place in Mexico City and brought over 100 Government of Mexico officials together with U.S. law enforcement components from across the government to discuss arms trafficking trends and best practices in curbing arms trafficking.
ATF was joined by U.S. Customs and Border Protection, Homeland Security Investigations, and the U.S. Marshals Service in meetings with public security secretaries and attorneys general from most Mexican states, along with federal government representatives from across the Mexican government. Sessions included presentations on seizing and storing illegal firearms, arms and explosive trafficking trends, and investigative case studies where eTrace and bilateral information sharing led to successful outcomes. Additionally, there were discussions of new bilateral projects to curb arms trafficking, which include the sharing of ballistic information linked to crimes between the U.S. and Mexico border states, and a data exploitation lab, where weaponized drones will be leveraged for the arms trafficking vetted unit.
“ATF’s partnerships with both our international and domestic law enforcement counterparts are critical when it comes to stopping the illegal flow of weapons across our southern border,” ATF Acting Director Daniel Driscoll said. “ATF will continue to work with our partners to stop the flow of dangerous weapons to Mexican cartels.”
Earlier this week, ATF also held a join press conference with CBP and HSI in Laredo, Texas. During this event, speakers highlighted interagency efforts regarding interdictions of southbound firearms. Likewise, the event underscored ATF’s commitment to stemming the flow of illegal firearms across the southern border, and the enhanced consequences for weapons smuggling given the designation of major Mexican-based cartels as foreign terrorist organizations.
“ATF works with law enforcement agencies in more than 50 countries to combat illegal firearms trafficking worldwide and identify threats before they reach America’s borders,” said ATF Deputy Assistant Director Shawn Morrow, of the Office of Intelligence Operations. “This roundtable is only one example of how our attachés across the globe work with foreign governments to dismantle criminal organizations and identify emerging threats. This work, especially in Mexico, is critical to keeping illegal firearms out of the hands of violent groups.”
ATF is the federal law enforcement agency responsible for regulating the firearm industry and enforcing laws related to firearms and violent crime. For more information, visit atf.gov or follow @ATFHQ on X.
Holy See Press Office Communiqué: Audience with the President of the Argentine Republic, 07.06.2025
Today, His Holiness Pope Leo XIV received in audience, in the Vatican Apostolic Palace, the President of the Argentine Republic, His Excellency Javier Gerardo Milei, who subsequently met with His Eminence Cardinal Pietro Parolin, Secretary of State, accompanied by Monsignor Mirosław Wachowski, Undersecretary for Relations with States.
During the cordial talks at the Secretariat of State, mutual appreciation was reiterated for the sound bilateral relations and the will to strengthen them further. Attention then turned to matters of common interest, such as socio-economic progress, the fight against poverty and the commitment to social cohesion.
Finally, some topics of a regional and international socio-political nature were discussed, with special attention given to ongoing conflicts, highlighting the importance of urgent efforts in support of peace.
From the Vatican, 7 June 2025