Hungary's prime minister defended EU veto on Ukraine loan amid oil dispute

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Source: People's Republic of China – State Council News

Budapest, March 21 (Xinhua) — Hungarian Prime Minister Viktor Orban on Friday defended his decision to maintain his veto on a large loan to Ukraine, directly linking it to ongoing disruptions in oil supplies through the Druzhba pipeline.

Speaking at a press conference in Brussels following the first day of the European Council summit, V. Orbán confirmed that Hungary refuses to approve the final formal stage of the European Union's (EU) €90 billion (US$103 billion) financial aid package for Ukraine as long as the "oil blockade" remains in place.

"No oil, no money," Orbán declared. Despite significant pressure from other EU leaders, Hungary's position remains unchanged, he emphasized.

The proposed loan is a "bad strategic decision," he said, noting that while the pipeline is technically operational, the current transit disruptions are "political in nature."

Orbán also suggested that other EU members could circumvent the collective mechanism and provide support to Ukraine on a bilateral basis. He criticized the existing EU system for concealing the source of funds.

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The US is "very close" to achieving its goals in the military operation against Iran, according to Donald Trump.

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Source: People's Republic of China – State Council News

WASHINGTON, March 20 (Xinhua) — US President Donald Trump said on Friday that the United States is "very close" to achieving its goals in military strikes on Iran.

As he wrote on the social network Truth Social, the country is considering curtailing military attacks in the Middle East against Iran.

He also noted that the Strait of Hormuz should, if necessary, be protected and monitored by other countries that use it.

"The Strait of Hormuz should be protected and controlled by other nations that use it, if necessary—the United States does not! If asked, we will assist those nations in ensuring security in the Strait of Hormuz, but this should not be necessary once the threat from Iran is eliminated," Trump said.

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Israeli airstrikes in Lebanon kill 20, bringing death toll to 1,021

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Source: People's Republic of China – State Council News

BEIRUT, March 21 (Xinhua) — At least 20 people were killed and 57 others wounded in Israeli airstrikes in Lebanon over the past 24 hours, according to official figures released on Friday.

The latest casualties bring the death toll to 1,021 and the wounded to 2,641 since the fighting escalated on March 2.

Meanwhile, the number of displaced persons continues to grow rapidly as ongoing attacks force more and more residents to flee their homes. Currently, 134,616 displaced persons are housed in 644 centers across the country, according to data.

Efforts to accommodate displaced people are under severe strain amid a worsening humanitarian situation due to ongoing airstrikes.

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Ten people were killed and 59 injured in a fire at an auto parts plant in Kazakhstan.

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Daejeon, South Korea, March 21 (Xinhua) — Ten people were killed, 59 were injured and four others are missing in a fire at an auto parts factory in Daejeon, South Korea, fire officials said Saturday.

The fire broke out at around 1:17 p.m. local time on Friday, when approximately 170 workers were at the plant.

According to authorities, the first victim was found on the second floor in cardiac arrest, and nine more people were found on the third floor.

Firefighters began searching for the missing people late Friday after safety experts deemed the building's structure stable enough for rescue operations.

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M. Zakharova accused Brussels of trying to plunge the EU into darkness with Tsvetaeva's words

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Moscow, March 21 (Xinhua) – The leadership in Brussels is plunging Europe into darkness and crisis. This is how Russian Foreign Ministry spokesperson Maria Zakharova commented on the European Commission's position on Russian gas purchases on Friday.

"It now seems perfectly logical that the EU is plunging into darkness, in the truest sense of the word. It's not a technical disaster or some natural cataclysm that is causing the global crisis in the European Union, but the decisions of its own leaders, who simply flip the switch," she wrote on her Telegram channel.

M. Zakharova noted that this isn't a matter of personal choice for EC leaders, but of drawing entire countries into darkness. She recalled the words of poet Marina Tsvetaeva: "The sin is not in the darkness, but in the refusal to see the light," and also quoted the Hungarian proverb: "In the dark, all cows are black."

Earlier, European Commission President Ursula von der Leyen stated that Europe does not intend to revise the deadline for phasing out Russian LNG even if an energy shortage arises. –0–

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The Russian Foreign Ministry called the attack on the port of Bandar Anzali in the Caspian Sea reckless.

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Moscow, March 21 /Xinhua/ – The reckless strike on the port of Bandar Anzali in the Caspian Sea threatens to draw Caspian countries into the conflict over Iran, Russian Foreign Ministry spokesperson Maria Zakharova stated on Friday.

"The Caspian Sea region has always been perceived by the countries of the region and the international community as a safe space for peace and cooperation. The reckless and irresponsible actions of the aggressors pose a threat of drawing the Caspian states into a military conflict," the diplomat's statement is quoted on the department's website.

According to her, the economic interests of Russia and other Caspian states that maintain transport links with Iran through this port are affected.

M. Zakharova called for an immediate cessation of military action and a resumption of efforts to achieve a political settlement of the situation in the Middle East, which is increasingly being projected onto neighboring regions. –0–

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China sees steady progress in greening

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BEIJING, March 21 (Xinhua) — China has made significant progress in greening, expanding forest area and forest stock for 40 consecutive years, according to the State Forestry and Grassland Administration.

The country's forest area has reached 3.614 billion mu (approximately 241 million hectares), with forest cover rising to 25.09 percent, making China the world leader in terms of volume and rate of greening.

Thus, during the 14th Five-Year Plan (2021-2025), the country, having launched large-scale programs to protect and restore ecosystems to further strengthen ecological shields, managed to green 549 million mu of territory, restore more than 4.34 million mu of wetlands, and reclaim 152 million mu of land susceptible to desertification.

According to the state administration, such efforts bring not only environmental but also economic benefits. Currently, the value of ecological services associated with China's forest and grassland ecosystems exceeds 30 trillion yuan (approximately $4.35 trillion) per year.

The annual production of forest food products has exceeded 240 million tons, and the number of ecotourism trips is at least 3 billion per year, according to the agency's data. -0-

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The number of new foreign-invested enterprises in China increased by 14 percent in the first two months of 2026.

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BEIJING, March 21 (Xinhua) — China saw 8,631 new foreign-invested enterprises established in the first two months of this year, up 14 percent year-on-year, according to the latest data from the Ministry of Commerce.

During the same period, the total volume of actual foreign investment in mainland China amounted to 161.45 billion yuan (US$23.43 billion), down 5.7 percent from a year ago.

At the same time, the inflow of foreign investment into the manufacturing industry reached 47.52 billion yuan, and into the service sector – 111.22 billion yuan.

In particular, high-tech industries accounted for 63.21 billion yuan, an increase of 20.4 percent. This represents 39.2 percent of the total volume of foreign investment actually utilized in the country in January-February.

Among investors, Canada and Switzerland stand out, with real investment inflows into China growing by 210 percent and 41.3 percent year-on-year, respectively. -0-

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China's Minister of Commerce met with Apple CEO Terry Cook.

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Beijing, March 20 (Xinhua) — Chinese Commerce Minister Wang Wentao met with Apple CEO Tim Cook on Friday, during which the two exchanged views on issues including China-US trade and economic relations and Apple's operations and development in China, the Ministry of Commerce announced in a press release.

During the meeting, Wang Wentao noted that, under the strategic guidance of the two heads of state, the Chinese and American trade and economic negotiating teams held six rounds of consultations, which led to a number of important consensuses. The parties agreed that healthy, stable, and sustainable trade and economic relations between China and the United States serve the interests of both countries and are important for global economic stability and development.

As the Chinese Minister of Commerce pointed out, China is committed to building an open global economy, and through its economic development, the country brings stability and certainty to a turbulent world.

Noting that China is promoting high-level opening-up and focusing on building stable, sustainable, green and innovative industrial and supply chains, the minister expressed hope that Apple will maintain firm confidence in its development in China and share the opportunities provided by the country's development.

Confirming China's importance, Cook pointed out that the country is Apple's most important manufacturing base and a key source of supply chain.

As T. Cook emphasized, Apple is continuously deepening cooperation in areas such as innovation, green development, and industrial chain connectivity, which is largely consistent with China's 15th Five-Year Plan (2026-2030). The CEO also added that Apple hopes to maintain stable development in trade and economic relations between the U.S. and China.

According to a video recording of the meeting released by China's Ministry of Commerce, T. Cook stated that the company "highly appreciates the government's measures aimed at stimulating consumption in the country and is very pleased to be able to participate in this initiative."

On Friday, Apple's CEO also met in Beijing with Ren Hongbin, Chairman of the China Council for the Promotion of International Trade (CCPIT). During the conversation, which took the form of a Chinese-style afternoon tea party, Cook reiterated the priority of the Chinese market for Apple and reaffirmed the company's commitment to continuing its investment in the country.

"Continuous growth" is the company's new plan for the Chinese market this year, Apple's CEO told reporters.

In early March, Cook began his first visit to China this year, the latest in a series of trips he has made to the country in recent years, highlighting Apple's close ties to the Chinese market.

His trip to the Chinese capital follows a visit to Chengdu, the capital of southwest China's Sichuan Province, earlier this week. Cook is also expected to attend the high-level China Development Forum 2026, which will be held in Beijing from March 22 to 23. –0–

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Iran's Supreme Leader denied his country's involvement in the recent attacks on Oman and Turkey.

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Source: People's Republic of China – State Council News

TEHRAN, March 20 (Xinhua) — Iran's Supreme Leader Mojtaba Khamenei on Friday said the recent strikes on Turkey and Oman were not carried out by Iranian forces or their allies.

According to a publication on the Supreme Leader's official website, M. Khamenei made this statement in his address on the occasion of Eid al-Fitr (Eid al-Fitr), which marks the end of the Muslim holy month of Ramadan, and Nowruz (the Iranian New Year), which falls on March 21.

He said Iran maintains proper relations with both countries, but warned of "deceptive tactics" by Israel, which could use "false flag" operations to sow discord between Iran and its neighbors.

According to him, similar operations could be carried out in other countries.

M. Khamenei noted the importance the country attaches to relations with its neighbors and called on Afghanistan and Pakistan to establish better relations with each other, expressing his readiness to take the necessary measures to achieve this.

Iran's Supreme Leader also emphasized the need to improve citizens' living standards and develop the country's infrastructure, focusing on ensuring prosperity and creating material benefits for the population, and declared the coming year "the year of resistance economy under conditions of national unity." –0–

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