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Real-time News
On September 19th, Bolivian President Rodrigo Paz announced the termination of state subsidies for diesel fuel and a shift to a unified pricing model to help address the long-standing fuel shortage. Paz stated that Bolivia relies on imports for approximately 90% of its diesel, with the government spending about $55 million weekly on subsidies. From today, the price of diesel will equal the cost of purchasing it abroad. Rampant fuel smuggling and black market resale are key factors contributing to the weekly losses. This move replaces the dual-pricing system introduced in August, which charged high-volume consumers 18 Bolivianos ($2.60) per liter while maintaining a subsidized price of 9.80 Bolivianos for other consumers. Paz stated that domestic prices will now follow global benchmarks, and if international costs decrease, domestic prices will also decrease. To offset the financial pressure on households and key economic sectors, the government announced targeted relief measures, including direct cash transfers and concessional credit lines.On September 19th, the Shandong Provincial Department of Industry and Information Technology publicly solicited opinions on the "Implementation Plan for the Development of the High-end Chemical Industry in Shandong Province during the 15th Five-Year Plan Period (Draft for Solicitation of Opinions)." The plan proposes that by 2030, the added value of the provinces chemical industry will grow at an average annual rate of over 5%, and the economic benefits of high-end chemicals will account for approximately 65% of the provinces total chemical industry output. The energy supply system and raw material security structure in the basic chemical sector will be further optimized, and the competitiveness of products in the fields of new chemical materials and fine chemicals will be significantly enhanced. The plan proposes three major actions: strengthening the foundation of the basic chemical industry, cultivating and expanding the new chemical materials industry, and improving the innovation and quality of the fine chemicals industry. It also clarifies the development directions for 16 sub-sectors, including petrochemicals, coal chemicals, and salt chemicals.On September 19th, it was reported that since the sale of train tickets for the Mid-Autumn Festival and National Day holidays began on September 23rd, in order to create a fair and just ticket purchasing environment, the 12306 railway ticketing system has continuously identified and curbed malicious ticket-grabbing behavior. Utilizing big data analysis and risk control technology, it has accurately identified abnormal behaviors such as frequently purchasing large numbers of tickets for accounts not registered to themselves, frequently making large numbers of payments for orders not made to themselves, and using forged terminal devices to imitate user ticket purchasing operations. Related technical restrictions continue to be implemented, placing 12306 registered accounts with abnormal behavior in a slow queue and refusing to issue tickets to payment accounts with abnormal behavior. These abnormal 12306 registered accounts will show a waiting status when purchasing tickets, and payment accounts will show a failed purchase status. Since the sale of train tickets for the Mid-Autumn Festival and National Day holidays began this year, 12306 has cumulatively placed 7.117 million transactions in the slow queue and refused to issue tickets for 1.023 million transactions, totaling 1.331 million rejected tickets, effectively curbing malicious ticket-grabbing behavior.On September 19th, Russian President Vladimir Putin, while chairing a meeting of the Russian Military-Industrial Commission on September 18th, stated that some European leaders public declarations of preparing for war with Russia are merely attempts to salvage their declining approval ratings and cover up their economic and social policy failures, with little effect and offering no real help. Putin stated that the European public has clearly expressed their desire to avoid war with Russia, yet some European leaders continue to escalate tensions and use Ukrainians as cannon fodder. Putin emphasized that Russia has no intention of aggression against European countries and is willing to cooperate with its European neighbors to restore relations.September 19 - According to a report released by the Indonesian Meteorology, Climatology and Geophysics Agency, a 5.8-magnitude earthquake struck about 75 kilometers northeast of Salmi Regency, Papua Province, Indonesia, at 11:18 a.m. local time on September 19, with a focal depth of 10 kilometers.
