1. The lira suffered a massive sell-off after Turkish President Recep Tayyip Erdogan declared 10 Western ambassadors “unwelcome”. On October 25th, the Turkish lira fell to an all-time low of 2% against the dollar after a collapse last week. The Turkish lira has fallen nearly 25% against the dollar so far this year, making it the worst-performing currency in emerging markets.

2. Officials at the National counterintelligence and Security Center (NCSC) have issued a stern warning that the US must maintain a leading position in five key technologies, including artificial intelligence, quantum computing, biotechnology, semiconductors and autonomous systems, if it is to maintain its status as a superpower. The agency also threw dirty water at China, saying that “competitors such as China are trying to ‘steal’ every one of them.”

3. Yelena Bulmstrova, vice chairman of Gazprom’s board and general manager of Gazprom, said in an article in the company’s magazine that Gazprom supplied 7.1 billion cubic meters of natural gas to China from January to September this year through the Siberian Power pipeline. Bulmstrova said that there are still some promising projects to supply Russian pipeline gas to China are under study.

4. South Korea’s “Asia Daily”: in the second quarter, six international content providers, such as Netflix, accounted for 78.5% of network traffic in South Korea and Japan, but foreign content providers did not pay a penny on network usage fees. We will discuss the injustices in the fees for the use of communication networks and promote the formulation of relevant bills.

5. The 26th United Nations Climate change Conference will be held in the United Kingdom from October 31 to November 12, the first since the implementation of the Paris Agreement. It was reported on October 24th that as Brazil softened its position on Article VI of the Paris Agreement, the climate conference was expected to reach an agreement on a global carbon market mechanism, which was also the highlight of the climate conference.

6. Compared with the beginning of the year, it is expected that the residential electricity prices of Japan’s four major power companies, including Tokyo Electric Power, Kansai Electric Power, Central Electric Power and Kyushu Electric Power Company, will rise significantly in November, of which Tokyo Electric Power will have the largest increase of 17%. Japanese residential electricity prices will rise by an average of 13% in November compared with the beginning of this year. Under the background of rising fuel prices, the higher the dependence of power companies on thermal power, the greater the upward pressure on electricity prices.

7. According to data released by the US Treasury on the 22nd, the US federal government’s budget deficit reached 2.77 trillion US dollars in fiscal 2021 (October 1, 2020 to September 30, 2021), down from a record 3.13 trillion dollars in the previous fiscal year.

8. According to data from the Pan American Health Organization (PAHO) on October 1, in Chile and Ecuador, China accounted for 65% and 60% of the vaccines vaccinated in the two countries, respectively; in Bolivia, Uruguay and other countries, China accounted for more than half of the vaccines. At present, Chinese vaccines have been approved for emergency use in many Latin American countries, such as Brazil, Chile, Mexico, Argentina, Peru and so on. Up to now, China has provided 1.2 billion doses of COVID-19 vaccine and raw liquid to more than 100 countries and international organizations, and has built or is in the process of building vaccine filling bases and local vaccine production centers in 15 countries. and provide corresponding technical support to countries with vaccine cooperation needs.