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May 16th Qingqiao News | Libyan Armed Groups Engage in Crossfire in Tripoli
Release time:2025-05-16 Source: Qingqiao Number of views:

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good morning

Anger is difficult to overcome, and obsession is difficult to achieve










Today in history:28 years ago, Wang Zengqi passed away. He left behind tea like and sweet texts such as "Taking Precepts" and "Collection of Flowers for Dinner". His writing is like a gentle "exorcism": when people pursue grand narratives, he tends to write about the fireworks of the world in everyday language; When the literary world advocates technological innovation, he uses the simplest strokes to make even vegetables and tofu shine with the luster of life. This writing philosophy of 'not managing' is precisely the deepest reminder of the impetuous era: true art is not in the distance, but in the daily life that we can pick up as soon as we bend down.
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Political Dynamics
01Poland closes Russian consulate in Krakow

Qingqiao's viewpoint:

  • A fire broke out at the Mariviska shopping center in Poland in May last year. Recently, the Polish Ministry of Justice and Ministry of Interior issued a joint statement, stating that the fire was organized and commanded by a foreigner living in Russia. Currently, the Polish side has arrested some suspects.

  • The decision by Poland to close the Russian Consulate in Krakow is ostensibly based on allegations of a fire investigation, but in reality reflects a deeper structural crisis. The enmity between Poland and Russia has lasted for hundreds of years, especially historical traumas such as the Katyn massacre, which are still painful points in the memory of the Polish nation. After the outbreak of the conflict between Russia-Ukraine conflict, Poland, as a strong supporter of Ukraine, has frozen its relations with Russia.


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    Military strategy and tactics

    01Libyan armed groups exchange fire in Tripoli

    The assassination of military commander Mahmoud Hamza in Tripoli triggered a full-scale exchange of fire, and the conflict quickly spread to multiple strategic locations in the capital, including the vicinity of Mitiga International Airport and the port area, with street fighting erupting in at least 12 blocks. Misrata's "Dawn Brigade" and Zawiyah's "West Coast Guard" are moving towards Tripoli, with about 200 armed pickup trucks participating in the mobilization.


    Qingqiao's viewpoint:

    • Since the overthrow of the Gaddafi regime in 2011, Libya has been in turmoil. The national unity government recognized by the United Nations and the armed forces supporting it control parts of the western region, while the National Assembly forms an alliance with the "National Army" and faces off against the national unity government.

    • Libya has the richest oil resources in Africa, but is deeply trapped in the 'resource curse'. The 2011 NATO military intervention ended Gaddafi's 42 year rule, but the regime change did not bring any signs of development. Its energy wealth has become a "bloody trophy" contested by various forces, with oil facilities and pipelines becoming bargaining chips, and the division of power among the 47 registered armed groups across the country.


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    Economic Observation

    01Prescription drug prices in the United States decrease by 59%

    The latest announcement from the US Department of Health and Human Services (HHS) shows that the average price of 50 commonly used prescription drugs covered by Medicare has decreased by 59%, including key drugs such as insulin and anticoagulants. This price reduction is authorized by Section 1100 of the Inflation Reduction Act, which allows the federal government to directly participate in drug price negotiations for the first time.

    Qingqiao's viewpoint:

    • The United States, with 4.2% of the world's population, consumes 46.7% of global prescription drug sales. Data shows that in 2022, prescription drug spending in the United States reached $403 billion, three times that of China and 2.5 times that of the European Union. And the average selling price of similar drugs in the United States is 2-4 times that of other countries. The US market contributes 63% of the global pharmaceutical industry's profits, with profit margins generally 15-25% higher than the international market.

    • This price reduction is a political and economic shift during the window of reform in the United States: the restructuring of the government's role. Break the dogma of "free pricing" and establish the bargaining power of the public sector as a bulk buyer.


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    safety warning

    01Indonesian military destroys expired ammunition, causing explosion and resulting in 13 deaths

    Indonesian military spokesperson Cristome stated that an accidental explosion occurred on June 15th during the destruction of expired ammunition in the Sukabumi area of West Java province, resulting in the deaths of 9 civilians (including 3 children) and 4 military personnel, as well as at least 11 serious injuries. The explosion shock wave caused damage to buildings within a radius of 500 meters, and nearby villagers were urgently evacuated.


    Qingqiao's viewpoint:

    • In the past five years, the Indonesian military has publicly reported a total of 7 major safety accidents involving expired ammunition. In March 2023, a military warehouse near Jakarta caused expired ammunition to self ignite and trigger a chain explosion due to improper storage.

    • This accident exposed the hidden dangers of basic security management in Indonesia's military modernization process. As stated in a report by the Jakarta Defense Research Institute, "A military that is unable to properly handle expired ammunition is essentially a persistent threat to national security



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    Financial News

    The gold price plummeted sharply, with London spot gold hitting a low of $3233.55 per ounce, down 2.8%, while COMEX gold was reported at $3235.3 per ounce, down 3.24%.

    Qingqiao's viewpoint:

    • The Bitcoin spot ETF has attracted $48.7 billion in funds within six months, and its "digital gold" narrative is diverting traditional safe haven demand; The latest survey by Swiss Bank shows that investors under the age of 30 view cryptocurrency as a more effective inflation hedge tool than gold.






    Today's Sharp Review
    From the politicization of the Polish fire to the fragmentation of oil in Libya, from the monopoly of US drug prices to the Indonesian military accident, these seemingly isolated events all reveal a common symptom: in the highly complex modern society, any attempt to solve problems through a single dimension of "authoritarian thinking" will ultimately trigger systemic backlash. What modern society needs is not the arbitrariness of zero sum games, but the wisdom to find dynamic balance in complex systems - just like the safe haven property of gold will not disappear, but must coexist with the financial logic of the new era. The true way of governance lies in finding a balance point among diverse values in tension.


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