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Polish air navigation service: To ensure the freedom of movement of military aviation, airports in Rzeszów and Lublin have temporarily suspended operations.February 7th - According to a news release from the Guangdong Provincial Forestry Bureau on the 7th, the Nanyue Green and Beautiful Ecological Investment Fund has been established and officially launched, and is currently steadily advancing the implementation of its first batch of projects. As the first government investment fund in China focusing on the forestry industry, its establishment marks a breakthrough in Guangdongs forestry investment and financing mechanism. It will inject precise and efficient financial momentum into the construction of a green and beautiful Guangdong, accelerate the transformation of "green mountains and clear waters" into "gold and silver mountains," and provide important support for the deep integration of ecological civilization construction and industrial upgrading throughout the province.February 7th - Data from the Comprehensive Transportation Spring Festival Travel Rush Task Force shows that on February 6th, 2026 (the 5th day of the Spring Festival travel rush), the total cross-regional passenger flow reached 211.257 million person-times, a 7.6% increase compared to the previous day and a 1.2% increase compared to the same period in 2025 (Saturday). Specifically, railway passenger volume was 12.845 million person-times, a 9.2% increase compared to the previous day and a 4.5% decrease compared to the same period in 2025. Road passenger flow (including non-commercial passenger car trips on expressways and ordinary national and provincial highways, and commercial passenger transport) reached 195.35 million person-times, a 7.6% increase compared to the previous day and a 1.6% increase compared to the same period in 2025. Of these, commercial passenger transport on highways was 32.96 million person-times, a 5.8% increase compared to the previous day and a 3% increase compared to the same period in 2025; non-commercial passenger car trips on expressways and ordinary national and provincial highways were 162.39 million person-times, an 8% increase compared to the previous day and a 1.3% increase compared to the same period in 2025. Waterway passenger traffic reached 656,000, a decrease of 8.6% month-on-month and a decrease of 4.8% compared to the same period in 2025. Civil aviation passenger traffic reached 2.406 million, an increase of 2.6% month-on-month and an increase of 7.9% compared to the same period in 2025.February 7th - This morning (February 7th), the Shanghai Municipal Peoples Government held a press conference. Yang Jiaying, Director of the Shanghai Municipal Human Resources and Social Security Bureau, stated that employment is a top priority for peoples livelihood. The bureau is making every effort to promote employment for college graduates and other young people. Shanghai is the top choice for many young students to pursue their dreams. We are strengthening policy support and implementing a comprehensive employment service campaign tailored to the characteristics of this youth group. We are fully leveraging the synergistic effect of "One Station (the first stop for employment in Shanghai), One Circle (a 15-minute employment service circle), and One Action (the Employment in Shanghai Plus Action)" to increase employment assistance for young people.According to the real-time flight tracking website FLIGHTRADAR24, airspace in southeastern Poland has been closed again in the past few hours.

A decrease in the EUR/JPY exchange rate is about to occur as recession fears grow. It is now over 138.00

Alina Haynes

Jul 07, 2022 14:43

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The EUR/JPY currency pair is doing poorly during the Tokyo session. The cross is bouncing around a narrow range of 138.26-138.60 after recovering from its low of 137.27 on Wednesday. Generally speaking, bears are in charge of the asset. The pair has fallen during the last week as a result of failing to overcome the 144.00 resistance level, which has been a barrier for four weeks.

 

The chance of a recession in the eurozone has significantly increased as a result of the Bank of England's (BOE) negative assessment of the global economy. The BOE believes that price volatility in raw materials and energy might lead to economic disruptions in the future. The negative outlook of a Western central bank is fundamentally harmful to the FX market. The shocks to the economy would undoubtedly harm the eurozone as well because it forbids the import of Russian oil.

 

Along with fears of a recession, the common currency's bulls are also plagued by disputes over gas supplies between the economies of Europe and the United Kingdom. The British government has said that it would stop exporting gas to Europe if shortages develop there in the upcoming months.

 

The underperformance of the wage-price notion in Tokyo worries the Bank of Japan (BOJ). In order to keep inflation rates close to target levels, according to the BOJ, pay increases are required. If not, families would face greater price pressures, which would result in a decrease in the overall volume of demand.


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