SENEGAL FUEL SUBSIDY COSTS COULD EXCEED 2026 BUDGET BY 1.15 TRILLION CFA FRANCS ($2 BILLION) IF OIL SHOCK PERSISTS -FINANCE MINISTER

AMD CEO LISA SU: WE WILL CONTINUE TO RAMP UP SUPPLY EVERY QUARTER THIS YEAR AND WE HAVE MORE PLANNED FOR 2027 AND BEYOND

Domestic News 1. According to CCTV: Li Qiang chaired an executive meeting of the State Council to study and promote the construction of a unified national market. 2. Ministry of Commerce: If the EU insists on taking discriminatory restrictive measures against Chinese companies or products, China will resolutely retaliate. 3. National Development and Reform Commission: Starting from 24:00 on May 21, domestic gasoline and diesel prices will be increased by 75 yuan and 70 yuan per ton respectively. 4. Pakistani Prime Minister Shahbaz will pay an official visit to China from May 23 to 26. International News 1. Turkish stock market crash triggers market-wide circuit breaker. 2. According to the Wall Street Journal: The US will provide a total of $2 billion in funding to nine quantum computing companies and consider taking equity stakes. 3. Market news: To strengthen its currency, Turkey almost liquidated all of its holdings of US Treasury bonds in March. 4. According to The Information: Anthropic is in talks with Microsoft to use its artificial intelligence chips. 5. Sources: OPEC+ is expected to agree to increase oil production quotas by 188,000 barrels per day at its June meeting. 6. Middle East Situation—① Iran's Foreign Ministry says it is "assessing" the latest US negotiating proposals. ② US media: US intelligence indicates Iran is rapidly rebuilding its military, and a resumption of bombing would still pose a significant threat. ③ According to Al Jazeera: Pakistani sources say the Army Chief of Staff is still in the country; whether he visits Iran depends on the outcome of the Interior Minister's visit. ④ Some media reports claim that Iran's Supreme Leader has instructed that near-weapon-grade uranium must remain within Iran. Iranian officials refuted these reports, stating that no new orders have been issued, and Iran's position remains consistent: Iran will dilute these materials itself, which is also the topic of the next phase of negotiations. ⑤ Iranian Ambassador to France: Iran and Oman are discussing permanently imposing tolls on passage through the Strait of Hormuz; reopening the strait requires payment from all countries. Rubio stated: Establishing a tollbooth on the strait is completely unacceptable. ⑥ Iranian Revolutionary Guard: 31 ships passed through the Strait of Hormuz in the past 24 hours.