1. Brazil accelerated its deterioration with 110 novel coronavirus variants detected

Recently, the World Health Organization warned that the situation is worsening not only in India, but also in Brazil in South America.The number of new cases in Brazil was 67,009 in 24 hours, bringing the total to 15,586,534, according to data released by the Ministry of Health on Monday. According to statistics of genomic data from Brazil's leading medical research institute, 110 mutant novel coronavirus strains circulating in Brazil have been detected.

2. Paid foreign investment in China has increased substantially

Recently, data from the Ministry of Commerce showed that from January to April 2021, there were 14,533 newly established foreign-invested enterprises in China, up 50.2% year-on-year and 11.5% compared with the same period in 2019.The actual utilized foreign capital was 397.07 billion yuan, up 38.6% year-on-year (equivalent to 59.04 billion US dollars, up 42.8% year-on-year; Excluding banking, securities and insurance, the same below), up 30.1% from the same period in 2019.

3. South Korea and Israel formally sign a free trade agreement

South Korea and Israel have officially signed a Free Trade Agreement (FTA) at the Lotte Hotel in Seoul. South Korea thus became Israel's first free trade partner in Asia. According to the agreement, 95.2 percent of the tariff items and 99.9 percent of the import value will be paid to South Korea, and 95.1 percent of the import value will be paid to Israel.

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4. Economic confidence in the Eurozone and Germany is much stronger than expected

Recently, the Center for European Economic Research (ZEW) in Mannheim, Germany, released the economic situation forecast report, the German and euro zone economic confidence index in May far exceeded expectations.Surveys of financial experts' confidence in the German and euro zone economies over the next six months showed a strong rise, well above last month's level and well above market expectations.

5. Britain plans to build 8 new free ports

The Queen has read out the UK government's plans for the coming year, including investment and improvements to the nation's infrastructure, such as expanding 5G mobile coverage and gigabit broadband; 8 new free ports and so on. The Queen said the government would take steps to ensure support for business reflected the UK's strategic interests and promote economic growth through the Subsidies Control Bill.