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Qatars Ministry of Defense: The armed forces intercepted a missile attack targeting Qatar.On March 10, the Shanghai Stock Exchange (SSE) stated that, going forward, it will follow the requirements of the China Securities Regulatory Commission (CSRC) to improve the convenience of cross-border investment and financing, and further create a more transparent, stable, and predictable market environment. The SSE will continue to optimize and prudently expand cross-border connectivity cooperation mechanisms, enrich the supply of cross-border index products, effectively improve the accuracy of services for international investors, strengthen exchanges and cooperation with exchanges in countries and regions participating in the Belt and Road Initiative, and actively tell the story of Chinas capital market.Polish Prime Minister Tusk has learned that the president will veto the security and defense fund bill.On March 10th, regarding comprehensive investment and financing reform, the Shanghai Stock Exchange (SSE) stated that it will continue to deepen comprehensive investment and financing reform in the capital market and further improve the mechanism for medium- and long-term funds to enter the market. First, it will better leverage the functions of equity and debt financing. It will continue to promote the implementation of various reform measures and increase the proportion of direct financing and equity financing. It will further expand the scale of industrial bonds and develop innovative products that serve national strategies. Second, it will promote the value growth and governance improvement of listed companies. It will continue to implement the "five major supervisions," deepen the "quality improvement, efficiency enhancement, and return-oriented" action, improve incentive and restraint mechanisms, promote the improvement of listed companies governance levels, guide companies to strengthen dividend payouts and share buybacks, and support listed companies in enhancing their core competitiveness through mergers and acquisitions. Third, it will further deepen investment-side construction. It will actively advocate the "three investments" concept and strengthen the construction of investor protection mechanisms. It will enrich products and risk management tools suitable for long-term investment, continuously enrich the STAR Market index and product system, and increase the supply of indices and products suitable for long-term investment.On March 10th, the Shanghai Stock Exchange (SSE) stated that it will adhere to a quality-oriented approach and strictly control the listing process. Considering the overall national strategy of technological self-reliance, the SSE will deepen its understanding of "hard technologies" and actively leverage the Science and Technology Innovation Boards (STAR Market) function to serve the development of new productive forces. It will also make good use of its regular cooperation mechanism with relevant national authorities to accurately identify "hard technology" companies. Furthermore, the SSE will better coordinate investment and financing, strengthen the "gatekeeper" responsibilities of intermediaries, resolutely prevent inferior companies with weak technological innovation capabilities and unclear market prospects from listing, and strive to guide limited listing resources to truly support technological innovation. This is also a necessary requirement for effectively protecting the legitimate rights and interests of investors.

The conclusion of the Argentine truckers' strike increases grain shipments

Charlie Brooks

Jul 01, 2022 11:36


The Argentine truckers' strike ended on Thursday, when several unions incensed by fuel shortages reached an agreement to terminate the one-week protest near the vital port of Rosario, which is expected to assist future grain exports.


The truck driver's protest over high gasoline prices has halted shipments of corn and other goods, just as the bulk of the harvest was making its way to ports for export to worldwide markets.


Due to the exclusion of a few tiny truckers groups from the deal, however, it is possible that certain protests may continue.


Argentina is the second-largest exporter of maize, the top exporter of processed soy oil and meal, and a major supplier of wheat and beef.


One of the unions, Autoconvocados Unidos, issued the following statement: "Despite our dissatisfaction (with the latest settlement of truck freight rates) and in light of the present crisis in our country, we have chosen to halt the strike."


The union described their action as an act of kindness.


The number of trucks entering ports surged by 70 percent on Thursday compared to the previous day, reaching approximately 1,500 vehicles, as reported by the Rosario grains market.


The Rosario ports are the departure point for 80 percent of Argentina's agricultural exports, the vast majority of which are transported by truck.


The ability of trucks to access the port is returning to normal, according to the manager of the country's marine port chamber, Guillermo Wade.


Additionally on Wednesday, the transport ministry secured a deal with non-striking agricultural and transport groups to hike grain freight charges by 25%.


However, the majority of protesting unions, led by the UNTRA truckers' union, felt the rate increase insufficient and chose to dismantle highway blockades.


The head of the UNTRA, Carlos Geneiro, said, "We have far greater expenses than that."


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