Good afternoon, I'm _ with today's episode of EZ News.
Tai-Ex opening
The Tai-Ex opened down 2,659-points this morning from yesterday's close, at
38,916 on turnover of $39-billion N-T.
The market extended its losing streak on Thursday -- plunging more 1,300
points to close below the 42,000-point mark as investor concerns over
artificial intelligence stocks sparked heavy selling in the tech sector.
Defense minister says US support for Taiwan defense remains bipartisan
Defense Minister Wellington Koo is insisting that U-S congressional support
for Taiwan's efforts to strengthen its defense capabilities has long been
bipartisan.
The statement comes amid questions over the Republican Party's major losses
in Tuesday's U-S midterm elections.
Speaking to reporters on the sidelines of a legislative hearing, Koo said the
U-S Congress has consistently supported Taiwan's efforts to beef up (加強) its
defense capabilities on a bipartisan basis.
The defense minister went on to say that his office will continue to engage
with members of Congress and maintain close contact with the U-S Department
of War to help keep arms sales to Taiwan on schedule.
Northeasterly winds to bring cooler weather
The Central Weather Administration says the first surge of a northeasterly
wind system will affect Taiwan today and tomorrow -- bringing cooler weather
and possible showers to northern and northeastern parts of the island.
According to the weather administration's forecast center, conditions are
expected to improve slightly on Sunday as the northeasterly winds weaken,
allowing temperatures in to edge higher.
But a stronger surge of northeasterly winds is forecast to arrive on Monday
next week, bringing cooler weather to the north, northeast and east.
That second weather system is expected to keep temperatures noticeably (明顯地)
lower through Wednesday.
France protest
More than 600,000 rally across France to demand higher wages (薪資) and school
funding on peaceful protests across France with a large turnout.
AP correspondent Karen Chammas reports
Turkey Approves Defense Pact wit Pakistan and Saudia Arabia
Turkish legislators have approved a defense cooperation agreement with
Pakistan and Saudi Arabia.
This agreement, signed in August, commits the countries to regard (看待) an
attack against one as an attack on all three.
It aims to deter threats, deepen military cooperation, and strengthen defense
industry ties.
The agreement comes amid regional tensions with Iran-backed Houthi rebels and
concerns about U.S.-Iran conflicts.
Despite opposition, the Turkish parliament passed the agreement.
Officials stress that the agreement is defensive and does not target Iran.
Any deployment of Turkish troops would require separate parliamentary
approval.
Canada Unveils Federal Budget
Canadian Prime Minister Mark Carney’s government unveiled a sweeping budget
Thursday aimed at making Canada less dependent on the United States
The budget, titled “Masters of Our Destiny,” proposes the equivalent of
$101.6 billion US in new spending and tax breaks over multiple years,
including major investment incentives (優惠政策), billions for energy and
infrastructure and new support for Canadian culture.
The government projects a $44.5 billion dollar deficit for 2026-27.
That's $2.1 billion less than forecast in April.
According to International Monetary Fund figures cited in the budget,
Canada’s combined federal, provincial and local government deficits amount to
2.5% of its economy, compared with 8.5% in the United States.
This comes two days after Democrats swept the U.S. midterm elections,
weakening Trump’s political position as the countries pursue a possible trade
agreement.
That was the I.C.R.T. EZ News, I'm _.
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