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Real-time News
On August 17, Belgorod Oblast Governor Ilya Gladkov announced that due to the ongoing severe situation in the regions border areas and the continued drone attacks by Ukrainian armed forces against the city of Belgorod in recent days, large shopping malls and markets in Belgorod will be closed, and parks and amusement facilities will also be closed. All regional government agencies will implement remote work as much as possible on August 18, with specific arrangements to be determined by department heads. Gladkov urged all business and organization leaders to allow employees to work remotely from home on August 18, as appropriate. The operational arrangements for businesses will be announced on the morning of the 18th.On August 17, Baidu has been actively promoting its autonomous driving business in Hong Kong in recent years. Coinciding with the Chief Executive John Lees listening to opinions from all walks of life on a new policy address, John Lee met with officials including Secretary for Transport and Logistics May Chan, Chief Executives Policy Unit Leader Wong Yuen-shan and Chief Executives Office Director Ip Man-kuen, as well as Baidu founder Robin Li and others on the 15th to listen to Baidus opinions on the development of artificial intelligence technology and the application scenarios and industrial implementation of autonomous driving technology in Hong Kong.On August 17th, Faraday Future officially announced and launched its "EAI + Crypto" dual flywheel and dual bridge ecosystem strategy. The company plans to launch EAI EV asset blockchains, creating an EAI travel + Web3 + blockchain technology + crypto asset application ecosystem. Additionally, Faraday Future officially launched the C10 Index, the first crypto asset basket index (excluding stablecoins) launched by a US-listed company. Faraday Future also released C10 Treasury, a treasury product based on the C10 Index. The first phase aims to purchase crypto assets totaling $500 million to $1 billion after securing the necessary funding. The initial allocation will be $30 million.On August 17, the European Union (EU) is attempting to prevent the US from targeting its landmark digital regulations. Negotiations are still underway on the final details of a delayed joint statement that would formally confirm the trade agreement reached last month. EU officials cited disagreements over the wording of "non-tariff barriers" as one of the factors delaying the joint statement. The US has previously stated that the EUs digital rules fall under the category of non-tariff barriers. The US wants to leave room for future concessions from the EU on the Digital Services Act. However, the EU has made it clear that relaxing these rules is a "red line" it cannot cross. Another obstacle to signing the EU-EU joint statement is reportedly brinkmanship over a timeline. The Trump administration is demanding clarity on when US fish and foods such as tomato sauce, biscuits, cocoa, and soybean oil will receive better market access, as well as when the EU will reduce tariffs on US industrial goods. However, the EU stated that its internal approval procedures make it difficult to set precise timelines, particularly as it has yet to decide how to streamline administrative procedures for US importers through legal reforms.According to RIA Novosti: Russian air defense forces shot down 46 Ukrainian drones at night.
