周一（5月12日）欧市尾盘，法国10年期国债收益率涨5.6个基点，报3.322%。 意大利10年期国债收益率涨5.7个基点，报3.666%。 西班牙10年期国债收益率涨5.8个基点，报3.265%。 希腊10年期国债收益率涨6.2个基点，报3.426%。 ...

Core Insights - Shanghai Ladder Medical Technology Co., Ltd. has achieved a significant breakthrough in brain-machine interface (BMI) technology, demonstrating the feasibility of "thought control" in real-world scenarios through a video of a quadriplegic subject playing a video game using an implanted flexible BMI device [1] Group 1: Technological Breakthrough - The company developed flexible electrodes made from biocompatible polyimide, only 4 micrometers thick, which significantly reduces immune rejection risks [2] - The wireless transmission module allows real-time brain signal transmission at 10MB per second with a latency of 50 milliseconds, enabling subjects to move freely within a 10-meter radius [2] - A nano-scale conductive coating was developed in collaboration with the Shanghai Institute of Ceramics, reducing electrode impedance to 1/50 of traditional products while maintaining over 3 years of signal stability [2] Group 2: Clinical Application - A case study of a subject named Zhang Wei, who lost all four limbs due to an accident, showed that after receiving the BMI implant, he achieved a 89% accuracy in controlling the game after 37 days of training [3] - The team developed a reinforcement learning-based adaptive algorithm to dynamically adjust the decoding model based on real-time brain signals [3] - Neuroimaging revealed significant functional reorganization in the motor cortex of the subject's brain, indicating a new theoretical basis for brain injury rehabilitation [3] Group 3: Global Competition - Ladder Medical is the second company globally to enter the clinical stage of invasive BMIs, having completed 23 primate experiments and 5 human implants, while competitors like Neuralink have not yet received approval for human trials [4] - The company has established a complete self-sufficient technology chain in the neuroengineering field, from materials to clinical trial systems [4] - The low-power chip used in the wireless transmission module reduces power consumption by 60% compared to similar products [4] Group 4: Ethical Considerations - The company has implemented three safety mechanisms in clinical trials to address ethical concerns, including encrypted signal transmission and a "panic button" for subjects [5] - Ethical discussions are emerging regarding the potential blurring of lines between natural abilities and technological enhancements, raising questions about the future of human identity [5] - The company's principle is to prioritize restoration over enhancement, focusing on severe motor impairment patients [5] Group 5: Future Outlook - Ladder Medical plans to launch a second-generation product in 2024, increasing the number of electrode channels from 128 to 1024 for finer control [6] - The long-term goal includes creating a "neural-digital" bidirectional interface to allow patients to receive sensory feedback [6] - The potential for a "brain-cloud collaboration" system could redefine human-machine relationships and create new job roles in the future [6]

贝森特在信中写道："如果不能暂停债务上限生效或提高债务上限，将会对我们的金融体系造成严重破 坏，并削弱美国的安全和全球领导地位。" 据美国《福布斯》杂志网站报道，2011年8月以及2023年8月，全球两大评级机构标普和惠誉下调了美国 主权信用评级，并直指问题核心：美国债务高企不下。目前，穆迪仍维持着美国最高级信用评级，但已 将展望下调为负面。 【环球时报报道 记者 倪浩】多家外媒10日报道称，美国财政部长贝森特当地时间9日向美国国会致信表 示，联邦政府的现金储备以及将债务控制在法定限额内的手段可能在8月耗尽。他敦促美国国会采取行 动，在7月中旬、国会休会前提高或暂停债务上限生效。美国《财富》杂志网站10日报道称，美国已于 今年1月初触及当前36.1万亿美元的法定债务上限，财政部一直在采取所谓的非常规措施以避免联邦债 务可能出现的违约。据《华尔街日报》报道，共和党人正在推进一项可将债务上限提高5万亿美元的立 法，但报道认为，就债务上限进行投票在政治上可能很困难。 将面临无钱可用的局面 据彭博社报道，贝森特的警告是在美国财政部审查了今年4月报税季的财政收入后做出的。他呼吁国 会"在7月中旬休会前提高或暂停债务上限 ...

Core Viewpoint - Pakistan's Foreign Minister emphasizes the country's commitment to regional peace and security without compromising its sovereignty and territorial integrity [1] Group 1 - Pakistan is dedicated to maintaining peace and security in the region [1] - The country prioritizes its sovereignty and territorial integrity in its diplomatic efforts [1]

Core Viewpoint - The European Union (EU) is accelerating its efforts to decouple from Russian energy sources, aiming to completely end energy imports from Russia by 2027, three years earlier than previously planned [1][2]. Group 1: Energy Import Trends - From 2021 to 2023, EU's natural gas imports from Russia decreased by over 70%, dropping from 150 billion cubic meters to 43 billion cubic meters [1]. - In 2024, there is a projected rebound in Russian gas imports, with a 12% increase in liquefied natural gas (LNG) and a 26% increase in pipeline gas, totaling 52 billion cubic meters [1]. - Despite efforts to reduce dependency, Russian gas is expected to still account for about 13% of the EU's total natural gas imports in the current year [1]. Group 2: Policy Measures - The EU's roadmap includes requiring member states to submit plans to phase out Russian gas by the end of 2025, banning new long-term contracts, and stopping spot trading [2]. - The EU plans to enhance maritime regulation to combat the "shadow fleet" created by Russia to evade sanctions and will cut off Russian uranium supply chains [2]. - The roadmap outlines nine specific actions to gradually eliminate Russian energy imports, with legislative proposals for oil, gas, and nuclear energy expected next month [1][2]. Group 3: Historical Context and Future Projections - Prior to the Ukraine conflict, the EU and Russia were each other's largest energy trading partners, with Russia supplying 28% of EU's crude oil, 44% of natural gas, and 52% of coal imports in 2021 [2]. - Following the conflict, the EU has implemented 16 rounds of sanctions against Russia, including bans on oil and coal imports, while still allowing pipeline gas imports [3]. - By the end of 2024, the share of Russian gas in EU imports is projected to drop from 45% in 2021 to 19%, and Russian oil imports are expected to fall from nearly 30% in early 2022 to 3% [3]. Group 4: Changing Supply Dynamics - The role of Russia in the EU's energy landscape is being replaced by the United States, with US LNG imports accounting for nearly 45% of the EU's total LNG imports in 2024 [4]. - Norway has become the largest supplier of pipeline gas to the EU, with over 33% market share [4]. Group 5: Internal Disagreements - There are differing opinions among EU member states regarding the complete cessation of energy imports from Russia, with Slovakia's Prime Minister expressing concerns about the economic impact of such a move [5]. - Slovakia estimates that ending all energy cooperation could lead to an annual increase in gas costs of €40 billion to €50 billion and an additional €60 billion to €70 billion in electricity costs [5].

Group 1 - The article discusses the assassination of President Kennedy and its connection to the control of the U.S. dollar issuance, suggesting that he attempted to reclaim monetary sovereignty through Executive Order 11110, which allowed the Treasury to issue silver certificates without Federal Reserve involvement [2] - It draws parallels with President Lincoln, who issued "greenbacks" during the Civil War, and was assassinated shortly after, implying a pattern of presidential assassinations linked to monetary reform efforts [4] - The Federal Reserve, established in 1913, is described as a consortium of private banks that profits from government debt, with data indicating that for every dollar collected in taxes, 30 cents goes to pay interest to the Federal Reserve [5] Group 2 - Following Kennedy's assassination, the issuance of silver certificates was immediately halted by his successor, Lyndon Johnson, indicating a power struggle behind the scenes [7] - The article outlines a timeline of events post-1971, including the establishment of the petrodollar system and military interventions in oil-rich regions, suggesting a financial warfare strategy [9] - It highlights the influence of the Freemasons in controlling media and educational institutions, with a significant presence in major media boards and funding for think tanks [11] Group 3 - The article asserts that modern empires do not require territorial conquest but can destabilize nations through monetary control, exemplified by the collapse of the Soviet Union following IMF intervention [13] - It concludes that the tragedies of Kennedy and Lincoln are not coincidences but rather a reflection of a systemic issue where presidents are mere temporary figures, while the true power remains hidden [15]

Core Viewpoint - In 2024, Aimer Co., Ltd. faced significant challenges in the intimate apparel industry, with a 7.71% year-on-year decline in revenue to 3.163 billion yuan and a 46.56% drop in net profit to 163 million yuan, marking the worst performance since its listing [1] Group 1: Revenue and Profit Decline - The revenue from the core bra category plummeted by 15.83%, with sales volume decreasing by 18.12%, reflecting a disconnect between product iteration and consumer demand [2] - Overall sales across all channels declined, with offline direct sales down 7.96% and online sales down 8.14%, indicating the fragility of traditional retail models [2] - The company reported a high inventory level of 982 million yuan and an inventory turnover period of 327 days, posing a significant risk of inventory depreciation [2] Group 2: Strategic Challenges - The company implemented a high dividend payout of 4 yuan per 10 shares, distributing 99.55% of its net profit, which, while temporarily boosting stock prices, severely weakened future funding reserves [3] - The sales expense ratio surged to 47.17%, while revenue contribution from the online platform Xiaohongshu was minimal, highlighting a mismatch between marketing investment and channel expansion [3] - Operating cash flow net amount dropped by 53.31% year-on-year, indicating a decline in the company's ability to generate cash from its core business [3] Group 3: Long-term Solutions - The core issue for Aimer Co., Ltd. is its adaptability crisis in the consumer sovereignty era, necessitating inventory turnover optimization and channel value reconstruction as immediate solutions [4] - Long-term strategies should involve redefining brand core through material innovation to enhance product competitiveness or leveraging private domain operations to rebuild user connections [4] - The industry is shifting from "scale expansion" to "value cultivation," requiring a break from reliance on channel inventory pressure and a supply chain transformation driven by user demand [4]

Core Insights - MARSTEK launched four revolutionary home and balcony energy storage systems at a press conference in Munich, Germany, aimed at enhancing energy autonomy for European households and significantly reducing electricity costs [1][3] Product Overview - The new product matrix integrates cutting-edge technology with user-friendly design, offering customized solutions for DIY enthusiasts and professional installers [3] - The design philosophy emphasizes "minimal operation, ultimate reliability, and a clean future," redefining the home energy experience [3] Product Details 1. **VENUS D**: 4kW 4 MPPT balcony storage system - Efficient solar energy collection with 4 MPPT inputs supporting up to 4kW solar capture, providing 2.2kW bidirectional power output and backup for critical loads [3] - Plug-and-play design allows for quick installation in 5 minutes, with modular design expandable to 6 battery packs (single pack 2.56kWh, expandable to a maximum of 15.36kWh) [3] - Smart energy-saving system with AI price management, potentially saving up to €1,797 in annual electricity costs [3] 2. **VENUS X**: Dual-mode intelligent coupling solar storage system - Flexible deployment options with DIY plug-and-play mode and professional mode, fully compatible with existing photovoltaic systems [3] - Elastic capacity configuration starting from a single battery pack of 5.12kWh, expandable to 30.72kWh with V-Boost smart boost battery [3] - Real-time energy management through a 10.1-inch HD touchscreen, enabling localized energy management [3] 3. **MARS II & MARS I PLUS**: 7-in-1 1000V V-Boost home storage system - Comprehensive energy hub integrating a 15kW hybrid inverter, 24kW MPPT, 1000V V-Boost battery pack, 40kW DC vehicle charging, 15kW V2X, heat pump management system, and localized EMS [3] - Provides all-weather power supply with millisecond backup power switching, prioritizing critical loads for intelligent cycling of "sunny day storage, rainy night power" [3] - Flexible expansion capability with a base unit of 46.08kWh, expandable to 184.32kWh with four units [3] Sustainability Vision - MARSTEK aims to not only provide products but also to build a smart and green lifestyle, envisioning every balcony and rooftop as a step towards energy freedom [3]

巴基斯坦政府：巴基斯坦不会被挑衅、恐吓、误导的企图所吓倒，保留对任何侵略行为作出回应的权 利。 ...

5月8日下午，国防部新闻发言人张晓刚大校就近期涉军问题发布消息。 记者： 据报道，菲美"肩并肩"军演期间，中国山东舰航母现身菲北部海域，有分析认为这可能是对菲美军 演的回应，或是对菲巡逻舰进入黄岩岛水域的回应。此外，菲海军发言人声称，菲军方与台湾方面目前距 联合演练仅一步之遥。请问对此有何评论？ 张晓刚： 山东舰航母编队在相关海域执行年度训练任务，进一步检验提升航母编队体系作战能力， 符合国际 法和国际惯例，不针对特定国家和目标。 菲律宾某些人为一己私利"倚外闹海"，拉拢美国等域外势力壮胆打气，破坏南海和平稳定，还妄图在台湾问题 上玩火滋事。 我们正告菲方停止侵权挑衅，停止以任何方式冲撞中方核心利益。 中方继续采取坚决有力措 施，捍卫国家领土主权和海洋权益。 百万用户都在看 重磅利好！央行，"十箭"齐发！ 再现涨停潮！印巴冲突，传来爆炸声！ 央行官宣！下周四，降准！ 集体大涨！两大利好，重磅来袭！ 美国六大州，突然出手！贝森特发声，涉及对华关税 违法和不良信息举报电话：0755-83514034 来源：国防部发布 责编： 杨喻程 校对： 高源 邮箱：bwb@stcn.com ...