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The US economy is facing multiple overlapping pressures. With the ongoing conflict in the Middle East and a sharp rise in oil prices, coupled with structural weaknesses in the labor market, major Wall Street institutions have recently significantly increased the probability of a US economic recession, with some forecasts approaching

``` On the evening of March 25, China Life released its 2025 annual report. Data shows: this "leading life insurer" achieved an operating income of 615.678 billion RMB in 2025, up 16.5% year-on-year; net profit was 154.078 billion RMB, up 44.1% year-on-year. In 2025, China

``` The surge in energy prices is pushing inflationary pressure in the eurozone to a critical point, forcing the European Central Bank to confront policy choices. On March 25, ECB President Christine Lagarde stated, in response to the sharp rise in energy prices triggered by Middle East conflicts, the central bank

``` Energy security is evolving from a long-term vision to an urgent current issue, and the ongoing intensification of geopolitical conflicts is forcefully accelerating the global energy transition. Huatai Securities points out in its latest report that the current Middle East conflict has led to almost a complete halt in shipping

Affected by rumors of potential US-Iran negotiations, Brent crude oil prices have temporarily lost upward momentum and fell back to $96. However, supply-side tensions have not eased: oil flows through the Strait of Hormuz remain more than 95% below normal levels, and the oil flow gap across the Persian Gulf

``` Author | Wang Xiaojuan Editor | Zhou Zhiyu On March 24, Hesai Technology released its unaudited financial statements for the fourth quarter and full year of 2025. Amid years of doubts about the “burn-money-for-scale” strategy, Hesai boosted confidence in the lidar industry with a record annual revenue of 3.03 billion RMB