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Indonesia's Ministry Of Agriculture: Amid Rising Global Fertilizer Prices, The Government Has Taken Concrete Measures To Reduce Subsidized Fertilizer Prices By Approximately 20%. This Policy Aims To Keep Production Costs Affordable
The Main Polysilicon Futures Contract Reversed Its Gains And Fell, Declining 2.00% Intraday To 39,640 Yuan/ton
The Main Soda Ash Futures Contract Fell By 2.00% During The Day, Currently Trading At 1236.00 Yuan/ton
The Main Plastic Futures Contract Fell 2.00% During The Day, Currently Trading At 8044.00 Yuan/ton
Sources Say Japan Intervened In The Foreign Exchange Market During The Holiday Period In Early May
Japan's Ministry Of Foreign Affairs: Japanese Minister Of Economic Revitalization Ryosuke Akazawa Attended The G7 Trade Ministers' Meeting In France. The Meeting Discussed Topics Such As The Value Chain Of Important Minerals, The Outcomes And Future Of The World Trade Organization (WTO) Ministerial Conference, And Held Informal Exchanges Of Views On The Impact Of The Middle East Situation On The Economy And Trade
The Russian Mission To The United Nations: Protecting The Diplomatic Process Of The War Against Iran Is Of Paramount Importance, And We Call On The Security Council To Avoid Escalating Tensions
The UAE National Emergency Crisis And Disaster Management Authority: Air Defense Systems Are Currently Responding To The Missile Threat
The Indonesian Government And The Philippine Nickel Association Signed A Memorandum Of Understanding On Nickel Cooperation
Philippine President: We Convened This Meeting To Focus On Energy Security, Stable Food Security, And The Safety Of Citizens Of ASEAN Countries
Philippine President: In The Context Of The Middle East Crisis, We Should Follow A Collective Position, Immediately Cease Hostilities, Peacefully Resolve Disputes, Protect Civilians, And Ensure Safe Passage Through The Strait Of Hormuz
Former US Vice President Harris: The American People Do Not Want This War With Iran; Everything Trump Says Is Nonsense
The Main Contract For TSR20 Rubber Saw Its Intraday Gains Widen To 2.00%, Currently Trading At 15,350.00 Yuan/ton
White House: U.S. President Trump Will Deliver A Speech In The Rose Garden At Noon Eastern Time On Friday (early Saturday Morning Beijing Time)

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Russia's UN envoy issues stark warnings against US Cuba intervention, Iran conflict, and NATO's decline.
Russia's Ambassador to the UN, Vassily Nebenzia, has declared that a repeat of the Venezuelan political scenario will not be permitted in Cuba, warning that any US intervention would not be an "easy ride."
Nebenzia contrasted the two nations, noting that high-ranking officials in Venezuela had betrayed their president. "This scenario will not work in Cuba," he stated in a televised interview, adding that recent American rhetoric is unlikely to translate into a successful intervention.
The ambassador's comments follow a new executive order signed by President Trump which declares a national emergency concerning Cuba. The order establishes a tariff mechanism aimed at countries that supply oil to the island nation. This move has already severed Cuba's crucial oil supply from Venezuela.
President Trump expressed confidence in the policy's impact, telling reporters, "They got their oil from Venezuela. They're not getting that anymore." He predicted that Cuba "will be failing pretty soon."
However, Cuba has a long history of confronting US pressure, dating back to the Cold War, suggesting a higher level of preparation for intelligence and economic subterfuge.

China has also voiced its opposition to the increased pressure on Cuba. On Friday, the Chinese Foreign Ministry stated its firm stance "against inhumane practices and moves that deprive the Cuban people of their rights to subsistence and development."
This places both Russia and China, two global powers with strong military and economic ties to nations like Venezuela, Cuba, and Iran, in alignment against recent US foreign policy actions.
Ambassador Nebenzia extended his warnings to other geopolitical flashpoints, noting that any potential US action against Iran would trigger massive consequences. He described Tehran as being better prepared for a conflict now than it was in June 2025.
"The rhetoric of President Trump [about Iran] seems to have subsided after the protests that took place in Iran," Nebenzia said. "However, the situation is alarming. A strike may take place, but this time Iran is better prepared."
He also commented on the state of the North Atlantic Treaty Organization (NATO), suggesting the alliance has "really exhausted itself." While he does not expect the organization to disappear soon, he asserted that "the concept of Euro-Atlantic security has failed," a sentiment he noted was effectively confirmed by President Trump.
Despite Russia's strong relations with Iran, its current military engagement in Ukraine makes it unlikely to intervene directly in a potential US-Iran conflict.
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