Geopolitics/Middle East
- China is willing to continue to cooperate with Russia at the U.N. Security
Council and make efforts to cool down the Middle East situation, Foreign
Minister Wang Yi told his Russian counterpart Sergei Lavrov in a phone call on
Sunday.
- Trump threatened to destroy all of Iran’s power plants if the country’s
leaders don’t agree to reopen the Strait of Hormuz by Tuesday evening,
ratcheting up pressure on Tehran.
- Iranian officials responded with threats that the region could “burn,” and
said the strait would only reopen when they were “fully compensated” for war
damages.
- Iran warns of retaliatory attacks after US President Donald Trump sets a
Tuesday deadline for Tehran to open the Strait of Hormuz or face raids on its
power plants and bridges.
- Trump said Sunday that if no peace deal is reached with Iran in the next 48
hours, "we're blowing up the entire country."
-According to Iran’s Fars News Agency, 15 ships were allowed to pass through
the Strait in the past 24 hours (as of 2100 hrs GMT on 5 April).
Energy
- OPEC on Sunday agreed to boost oil production by another 206,000 barrels
daily.
Corporate/Technology
- Foxconn posted NT$2.13 trillion (US$66.7 billion) in revenue for the quarter
ended March, up 29.7% year on year and slightly below analyst estimates of
NT$2.14 trillion (US$67 billion), as demand for AI servers remained firm.
- Anthropic cuts off Claude subscriptions for OpenClaw, requires separate
payment for third-party tools.
Domestic / U.S. Politics
- White House responds to Donald Trump hospitalization rumors; spokesperson and
rapid response account dismiss speculation, emphasize President Trump's ongoing
work schedule.
China/Economy & Society
- Holiday travel surged on the first day of the Qingming Festival, with
cross-regional trips estimated at 296 million, up 2.7% year-on-year, CCTV News
reported.
