Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened up 16-points this morning from yesterday's close, at 28,723 on turnover of 5-billion N-T. The market closed lower on Tuesday after Wall Street fell overnight as heavyweight tech stocks lost ground from last week's big gains, but the downturn was limited due to government-led funds picking up large cap stocks to minimize volatility. MND highlights China's disinformation during large-scale drill The Ministry of National Defense's Political Warfare Bureau says it identified 46 pieces of disinformation related to China's military exercise on Monday and Tuesday. According to the bureau, the disinformation mainly focused on attacking the Lai administration's policies, slandering (誹謗) the armed forces, and eroding (逐漸毀壞) trust in the United States. Defense ministry spokesman Sun Li-fang says that every major Chinese military exercise since August 2022 has combined military and non-military actions aimed at influencing public opinion here in Taiwan, as well as in neighboring countries and Taiwan-friendly countries. President Lai Ching-te urged the public in a social media post to be mindful of disinformation accompanying the exercise. Lawmakers pass law amendments to Fraud Crime Hazard Prevention Act Lawmakers have passed amendments to the Fraud Crime Hazard Prevention Act. The revisions increase penalties for for high-value fraud and also offer sentence reductions for offenders who voluntarily surrender to authorities and pay full restitutions (歸還,賠償) to their victims. Under the amended Act, judicial and prosecutorial authorities are also authorized to notify financial institutions and virtual asset service providers to flag bank accounts, e-payment accounts, credit cards and virtual asset accounts suspected of being linked to fraud. And the amendments also add new penalty tiers (等級). Those found guilty of high-value fraud exceeding 10-million N-T face a prison sentence of up to 10-years While for fraud cases exceeding 100-million N-T, the statutory prison term has been increased to 7 years. Trump confirms US has bombed Venezuelan port, adds new sanctions US President Donald Trump says the US has struck an alleged drug loading dock inside Venezuela, marking the first strike on Venezuelan soil in his months-long pressure campaign against the government of Nicolas Maduro. Toni Waterman has more from Washington. Italy Approves 2026 Gov Budget Italy’s Parliament has approved the government’s 2026 budget, which includes deficit-cutting measures. The budget aims to reduce the 2026 deficit to 2.8% of GDP, aligning with the European Union's demands. Premier Giorgia Meloni's conservative coalition won the final vote on Tuesday. Meloni describes the budget as serious and responsible, focusing on families, work, businesses and health care. However, the center-left opposition criticizes it for not addressing poor salaries and high taxes. About 25% of the budget’s funding comes from the financial sector, with tax hikes on banks and insurance companies. The European Central Bank warns these levies (課稅) could reduce credit flow. Germany bank Theft Police in Germany say thieves stole tens of millions of euros worth of property from safety deposit boxes inside a bank vault that they drilled into during the holiday lull (暫時平靜[). Some 2,700 bank customers were affected by the theft at the bank branch Monday in Gelsenkirchen. Investigators believe the theft to be worth somewhere between 10 and 90 million euros. German news agency dpa reported that the theft could be one of Germany’s largest heists (搶劫). That was the I.C.R.T. EZ News, I'm _____. -- Hosting provided by SoundOn