The Deputy Minister of Defense of Iran stated that despite facing difficulties and sanctions, Iran's defense industry has successfully strengthened and enhanced the deterrent capability of its armed forces. Although the enemy claims to have destroyed these capabilities in recent conflicts, Iran has maintained the production lines for the necessary equipment and weapons for its armed forces through careful planning and foresight. Furthermore, new offensive and defensive systems have been successfully deployed on the battlefield under war conditions, and this process continues to advance vigorously. Iran will never succumb to pressure, and this resistance has already broken the strategic deadlock, leaving the Trump administration perplexed.
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Iran's Deputy Defense Minister: New Systems Deployed on the Battlefield Even Under War Conditions
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Iran's Deputy Defense Minister: New Systems Deployed on the Battlefield Even Under War Conditions
The Deputy Minister of Defense of Iran stated that despite facing difficulties and sanctions, Iran's defense industry has successfully strengthened the 'long arm' of its armed forces, making it more powerful and deterrent. Although the enemy claims to have destroyed it in recent conflicts, Iran has maintained the production lines for the necessary equipment and weapons for its armed forces through careful planning and foresight. Furthermore, new offensive and defensive systems have been successfully deployed on the battlefield under war conditions, and this process continues to advance strongly. Iran will never yield to pressure, and this resistance has broken the strategic deadlock, leaving the Trump administration perplexed. -
Iraq Confirms Some Tankers Granted Passage Through the Strait of Hormuz
On August 22, Al Arabiya reported that the President of Iraq stated: "We discussed the issue of reassessing Baghdad's relationship with Tehran with Iranian Parliament Speaker Ghalibaf. Currently, some vessels carrying Iraqi oil have indeed been granted permission to pass through the Strait of Hormuz. Given the current situation, I believe the United States wishes to reach an agreement to end the war with Iran. It must be said that we are the country most affected by the war, and the government is doing its utmost to avoid getting involved." (Jinshi) -
Iraq Confirms Some Tankers Granted Passage Through Strait of Hormuz
On August 22, Al Arabiya reported that the President of Iraq stated: "We discussed the issue of reevaluating the relationship between Baghdad and Tehran with Iranian Parliament Speaker Qalibaf. Currently, some vessels carrying Iraqi oil have indeed been granted permission to pass through the Strait of Hormuz. Given the current situation, I believe the United States hopes to reach an agreement to end the war with Iran. It must be said that we are the country most affected by the war, and the government is doing everything possible to avoid being drawn into it." (Jinshi) -
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Global Bond Market Faces Sell-off, Panda Bond Issuance Reaches Record High
According to CCTV Finance, the long-term government bond yields of major global economies have continued to rise recently, intensifying sell-off pressure in the bond market. However, China's bond market and exchange rate have remained relatively stable, with the issuance of Panda bonds reaching a historical high for the same period. Data shows that as of August 21, the cumulative issuance of 2026 Panda bonds has reached 209.975 billion yuan, an increase of over 73% year-on-year. Against the backdrop of significant fluctuations in the global bond market, the increased interest from international institutions in domestic RMB financing has drawn attention. Industry insiders noted, 'We are in completely different economic and monetary cycles compared to overseas. Foreign capital accounts for only about 5%-8% of our bond market, while domestic capital holds absolute pricing power. Coupled with our monetary policy that prioritizes domestic considerations, overseas shocks cannot reverse the overall trend of the domestic bond market.' Looking ahead, industry experts believe that overseas bond yields are likely to remain highly volatile, highlighting the value of RMB bond allocations, and foreign capital may continue to increase its allocation in the medium to long term. However, it is also important to note that rising U.S. bond yields have raised the return threshold for global allocation funds, which may disrupt the willingness of foreign institutions to increase their holdings of RMB bonds. Additionally, the rapid rise in bond yields in developed countries overseas may also constrain the valuation of domestic risk assets. -
Global Bond Market Faces Sell-Off, Panda Bond Issuance Reaches Record High
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