1.US President Joe Biden: the official signing of the $1.9 trillion COVID-19 rescue bill marks the first major legislative project of the Biden administration. The new stimulus bill includes handing out $1400 cheques to eligible individuals, extending unemployment insurance, allocating funds to state and local governments, and improving vaccination and testing capabilities.

2.Thirty-seven percent of adult American respondents have invested or considered investing based on Musk’s tweets. There are reports that Musk’s frequent mention of financial information on Twitter has angered US regulators. At the same time, the fluctuation of the price of digital encrypted currency also seems to have affected Tesla’s market position. Tesla’s share price fell 25 per cent in February after Bitcoin experienced its biggest-ever price fall. 

3.Dutch central bank data scientists have published journals quantifying how the surge in bitcoin prices has exacerbated energy consumption and global chip shortages. According to Bitcoin price estimates in January, the entire Bitcoin network could consume as much as 184 terawatt hours of energy a year, close to the total energy consumed by all data centers around the world. The energy consumed also produces 90.2 million tons of carbon dioxide, equivalent to the carbon footprint of the London metropolitan area. The short shelf life of Bitcoin excavators could mean a lot of e-waste in the coming years, which competes with personal electronics and electric cars for the same chips, exacerbating the current global chip shortage.

 4.Securities and Exchange Commission: on February 26th, securities trading in 15 companies was suspended due to “problems with trading and social media activities” in response to attempts to exploit investors during recent market volatility. And will actively monitor suspicious trading activities related to stock promotions on social media and take prompt action to stop trading at the appropriate time.

5.On March 12, US Eastern time, the US District Court banned Xiaomi from being recognized as a Chinese military-related enterprise and stopped the restrictions imposed by Executive order 13959 on Xiaomi. The court lifted restrictions on the purchase and holding of Xiaomi shares by US investors through an injunction and lifted the requirement to force the sale of Xiaomi shares, which came into full effect immediately.

6. Seventeen countries, including China, Russia, North Korea, Iran and Venezuela, plan to set up an alliance at the United Nations called “defending the Friends of the Charter of the United Nations” to oppose the frequent use of force by individual countries in international relations. or unilateral economic sanctions.

7.On March 14, North America officially switched daylight saving time. Financial markets in the United States and Canada will trade and release economic data an hour earlier than winter time. Starting from March 15, gold, silver and US oil will open earlier than 6:00 Beijing time, while US stocks will open at 21:30 Beijing time. 

8.Yamashita Tasuhiro, president of the Japanese Olympic Committee, said that a “zero audience” for the Tokyo Olympic Games is also possible. Yoshiko Hashimoto, chairman of the Tokyo Olympic Organizing Committee, said that the answer to whether to allow overseas spectators to enter the country will not be known until the Olympic torch relay begins on March 25. In addition, Japan’s Kyodo News Agency reported that with regard to personnel from countries and regions visiting Japan during the Tokyo Olympic and Paralympic Games, the Japanese side requested that the number of political dignitaries such as heads of state, heads of government, and ministers of sports be limited to a maximum of 12 and 5 respectively. 

9.Germany’s “Super Election year” is just around the corner. From March 14 to late September, six state-level administrative units in Germany, namely, Bafu, Laifa, Saan, Mei Qian, Thuringia and the capital Berlin, will hold parliamentary elections to elect a new local government. The 709 Bundestag members elected by German voters will decide who will be Germany’s next chancellor. As Merkel, who is about to complete her fourth term, has announced that she will no longer seek re-election, this general election has become the most suspense one in Germany since 2005.

10.Immigration has hit the US border, Pelosi: it’s all because of the mess left by Trump. More than 100000 immigrants arrived on the southern border in February, and an average of about 435 immigrant children are being detained every day, according to (CBP), the U.S. Customs and Border Protection Service.

11. World Gold Council: in February, global gold ETF outflows fell slightly by 2% to 84.7 tons. This is the third net ETF outflow of gold in nearly four months.