EZ News 06/26/24

Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened up 62-points this morning from yesterday's close, at 22,938 on turnover of 6.4-billion N-T. The market closed higher on Tuesday. Select large cap tech stocks recouped early losses following a plunge by Nvidia on Wall Street overnight. The rebound helped the local main board overcame stiff technical resistance ahead of the 22,567-point mark. That was the intraday high seen on June 17. Premier Announces Plans for Constitutional Interpretation of LY Power Bills Premier Zhuo Rong-tai says the Cabinet is now finalizing plans to request a constitutional interpretation as soon as possible on the constitutionality (符合憲法) of legislative reform bills passed by lawmakers. According to Zhuo, all branches of government must respect each other's roles under the Constitution. They must perform their duties accordingly and he hope once the court has issued its decision, it will reinforce cooperation among the five branches of government The D-P-P is seeking a similar ruling from the Constitutional Court on the constitutionality of the amendments to the Law Governing the Legislature's Power and the Criminal Code. While the Control Yuan has also announced that it will also seek a Constitutional Court ruling on the recently passed amendments. CWA Predicting Two to Four Typhoons to be Near Taiwan this Year The Central Weather Administration says between two and four typhoons are likely to be in the vicinity of Taiwan between now and November. According to Forecast Center director Chen Yi-liang, that number is slightly lower than the average of three to five. This reflects the weakening El Nino weather pattern and the possibility of a La Nina weather pattern approaching. Chen says under those conditions, there are typically fewer typhoons. But their routes will be more likely to come near Taiwan. And if a typhoon forms near the island, its intensity will be limited by disruption (破壞) by unfavorable surroundings or land. UN Threatens to Halt Aid Deliveries in Gaza The United Nations says it may halt aid deliveries to Gaza. Speaking at the UN Security Council on Tuesday, the UN Special Coordinator for the Middle East Peace Process said indiscriminate (不分青紅皂白) attacks on convoys are impeding the delivery of aid. It's now emerged that senior U.N. officials told Israel they will suspend aid operations unless urgent steps are taken to better protect humanitarian workers. Jody Jacobs reports… Report: Global Tax on Super Rich Proposed A global tax on the super-rich is proposed in a new report that Brazil commissioned for its current presidency of the leading 20 rich and developing nations. The proposal says individuals with more than $1 billion in total assets would be required to pay the equivalent of 2% of their wealth in income tax. It says the tax would raise $200 billion to $250 billion per year globally from about 3,000 individuals. The money could fund public services such as education and healthcare as well as the fight against climate change. The issue of inequality is a priority (優先，重點) for Brazil in its G20 presidency. That was the I.C.R.T. news, Check in again tomorrow for our simplified version of the news, uploaded every day in the afternoon. Enjoy the rest of your day, I'm _____. -- Hosting provided by SoundOn