EZ News

EZ News 08/18/26

EZ News

Show Notes

Good afternoon, I'm _ with today's episode of EZ News.

Tai-Ex opening

The Tai-Ex opened up 65-points this morning from yesterday's close, at 45,922

on turnover of 8.4-billion N-T.

The market closed slightly higher, but on reduced turnover on Monday as

investors appeared reluctant to chase prices amid concerns of a major

pullback and instead opted to lock-in early gains in large-cap tech stocks.

Premier Cho declines to countersign child savings legislation

Premier Cho Jung-tai has refused to countersign the Special Act on Taiwan

Future Accounts.

The Act which was passed by lawmakers in July.

According to the Cabinet, Cho is refusing to sign the Act due to violations

of constitutional principles and due to concerns that it could allow

wealthier families to accumulate larger amounts and ultimately (最終) widen the

wealth gap, violating the principle of proportionality (比例原則 , 相稱性原則).

Cabinet spokeswoman Michelle Lee says the government will instead continue

implementing the family support measures it approved in May.

It's the sixth time since December 2025 that the Premier has refused to

countersign legislation.

Taiwan and New Zealand announce six areas for deeper economic cooperation

Taiwan and New Zealand have agreed on six areas for closer cooperation over

the next three years.

The agreement was reached during a joint committee meeting to review the

implementation (執行) results of the Agreement between New Zealand and the

Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu on Economic

Cooperation.

That agreement has been in effect since December 2013.

According to the Ministry of Economic Affairs, delegates at the 13th ANZTEC

Joint Committee meeting discussed the results of the implementation of

previous provisions such as food safety inspections and plant quarantine,

e-commerce and intellectual property.

The ministry says members of Taiwan delegation also voiced their hopes that

reviews concerning the agreement's growth will continue.

US Senator to Introduce Resolution Barring MIlitary Action Against Oman

Senator Tim Kaine, a Democrat from Virginia, has announced plans to introduce

a resolution barring military action against Oman when the US Senate returns

from its August recess.

It's a direct response to US President Donald Trump's threat to bomb the Gulf

state if it interferes (幹擾) in a deal over control of the Strait of Hormuz.

The threat came as a 60-day deadline for a wider peace deal between

Washington and Tehran expired on Monday without agreement, with no concrete

plans (具體計畫,實質規畫) to end the 24-week war.

The White House says it is now shifting to what it calls an economic pressure

campaign, with a fresh round of sanctions expected in the coming days.

James Gooderson reports from Washington.

Brazil President Warms to Oil Drilling in Northern Coastal Regions

Brazil’s President Lula da Silva says oil drilling in northern coastal

regions could be a "passport to the country’s future."

He visited a Petrobras offshore drilling vessel on Monday, following a find

announced last week near the Amazon River.

Petrobras detected hydrocarbons off Amapa state, suggesting significant

(重要的,有份量的) reserves.

Lula emphasizes Brazil's commitment to biofuel innovation and renewable

energy.

He faces a tight election in October and is balancing drilling with

alternative energy efforts.

The region could hold up to 10 billion barrels of oil.

Lula's announcement aligns with his election campaign, aiming to gain support

in northern Brazil.

That was the I.C.R.T. EZ News, I'm _. -- Hosting provided by SoundOn

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