S.AFRICA'S WHOLESALE DIESEL PRICE TO RISE BY 3.93 RAND A LITRE IN MAY - GOVERNMENT

UPS CEO: We are working with Customs and Border Protection to apply for a U.S. tariff refund; our approach is to cooperate, not to sue the U.S. government.

Domestic News 1. my country will implement zero tariffs on all African countries with which it has diplomatic relations starting May 1, 2026. 2. The Political Bureau of the CPC Central Committee held a meeting to analyze and study the current economic situation and economic work. 3. The Ministry of Foreign Affairs and the Chinese Embassy and Consulates in Iran reiterated their reminder to Chinese citizens not to travel to Iran for the time being. 4. Passenger cars will continue to be exempt from highway tolls during this year's May Day holiday. 5. The Cyberspace Administration of China investigated and dealt with websites and platforms such as the "CapCut" app that illegally generated composite content labels. 6. The Ministry of Industry and Information Technology: The next step will be to launch a special action on "Artificial Intelligence + Software" to orderly promote the deployment of computing power and the construction of edge computing power. 7. The "Outline of the 15th Five-Year Plan for National Economic and Social Development of Guangdong Province" was officially released, promoting the low-cost mass production of key products such as satellites and rockets. International News 1. The UAE announced its withdrawal from OPEC and the "OPEC+" mechanism starting May 1. 2. Saudi Aramco extended the suspension of liquefied petroleum gas deliveries until the end of May. 3. The first liquefied natural gas (LNG) ship to pass through the Strait of Hormuz since the outbreak of the US-Israel-Iran conflict. 4. World Bank: If the worst of the Middle East war ends in May, energy prices are projected to surge by 24% in 2026. 5. Iraqi oil official: Iraq has no intention of withdrawing from OPEC or OPEC+ and needs a strong organization to maintain price stability. 6. US Energy Secretary: The Strait of Hormuz can be opened without clearing all mines. The US is not considering imposing an export ban on US energy products. 7. ADP Weekly Employment Report: In the four weeks ending April 11, 2026, private sector employers added an average of 39,250 jobs per week. 8. Iranian military: Does not believe the war is over; the armed forces' targets and equipment have been updated. 9. US Secretary of State Rubio: There is no evidence that Iran's Supreme Leader Mojtaba Khamenei is dead.