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Real-time News
Japanese Minister of Economy, Trade and Industry Minoru Jonouchi: The CPI is expected to gradually rise due to the situation in the Middle East.On August 26th, in response to passenger concerns regarding flight ticket refund and change services, the China Air Transport Association (CATA) has taken the lead in coordinating and promoting the upgrading and optimization of these services, launching several measures. These include researching and issuing refund and change standards to comprehensively improve the transparency of the rules. CATA is currently leading the development of a special group standard for flight ticket refunds and changes, which is planned to be officially released and implemented this year. The standard will clearly define refund and change requirements. All ticketing platforms and official airline channels must proactively disclose refund and change rates, restrictions, and free refund and change scenarios to passengers before they pay for their orders, using prominent fonts, mandatory pop-up prompts, exclusive logos, and upfront notifications. This will address the issues of hidden, incomprehensible, and uninformed rules, ensuring passengers right to know and right to choose.The yield on Japans two-year government bonds rose 2.0 basis points to 1.695%.On August 26, Iranian Deputy Foreign Minister Gharibabadi stated in an interview on August 25 that Iran remains in a state of war, and the Strait of Hormuz is under the complete control and surveillance of the Iranian armed forces. It will not be reopened unless Iran agrees, approves, and arranges for its reopening. Gharibabadi also warned that, to defend national security and interests, Iran could take preemptive action against US targets if conditions were right, without waiting for the US to launch an attack before taking defensive measures.On August 26, the Norwegian government announced plans to regulate the use of smart glasses and similar devices, considering banning their facial recognition functions in public places. Norwegian Minister for Digital and Government Management, Kariana Thun, stated, "We have noticed the impact of new technologies on peoples private lives and privacy, and therefore I hope to implement stricter regulations on smart glasses and similar devices than currently in place." She indicated that this could mean banning certain functions of smart glasses, such as facial recognition, in public places. She also called on the public and private sectors to develop their own usage guidelines.
