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2024-12-14 03:18:05

Fitch: The prospect of global shipping industry in 2025 is stable.French Ambassador to Ukraine: The first batch of Mirage 2000-5 fighters will be provided to Ukraine early next year. On December 12, local time, French Ambassador to Ukraine Visier said that in early 2025, France will provide Ukraine with the first batch of Mirage 2000-5 fighters as planned, and Ukrainian pilots and technicians are currently receiving training. He did not disclose the number of fighters to be delivered. Earlier, according to a report by Ukrainian Pravda on October 8, French Defense Minister Sebastian Lecornu said that France planned to deliver Mirage fighters to Ukraine early next year.US National Security Adviser Sullivan: I believe we are close, but it is still unclear whether we will achieve a ceasefire; The Israeli government has expressed its wish to see an agreement, and we have seen Hamas's actions.


Intel executives: We need a better return on investment.The overall implementation of the personal pension system is more optimized. After two years of implementation in 36 cities (regions), the personal pension system will be officially launched nationwide on December 15th. On December 12th, Ministry of Human Resources and Social Security, Ministry of Finance, State Taxation Administration of The People's Republic of China, State Financial Supervision and Administration Bureau, China Securities Regulatory Commission and other five departments issued the Notice on Full Implementation of Individual Pension System, which made it clear that from December 15th, 2024, all workers who participated in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the individual pension system. China Securities Regulatory Commission said that the promulgation and implementation of the Notice is an important measure to implement the spirit of the 20th National Congress of the Communist Party of China and the Second and Third Plenary Sessions of the 20th Central Committee and accelerate the development of a multi-level and multi-pillar old-age security system, which is conducive to giving full play to the wealth management function of the capital market and building a sound policy system of "long money and long investment". At the same time, according to the requirements of the Notice, the China Securities Regulatory Commission timely optimized the product supply and included the first batch of 85 equity index funds in the personal pension investment product catalogue. Lou Feipeng, a researcher at China Postal Savings Bank, said that the Notice put forward targeted measures based on the situation encountered in the pilot, enriching the types of personal pension products, increasing the situation of receiving personal pensions in advance and effectively improving the personal pension system on the basis of the previous pilot, which will help attract investors to actively participate in personal pension-related investments. (Securities Daily)President of the European Central Bank: The euro zone economy continues to be weak and is still preparing to cut interest rates further. On December 12, local time, after the European Central Bank announced its decision to cut all three key interest rates by 25 basis points, President Lagarde of the European Central Bank subsequently held a press conference. She said that the Governing Council of the European Central Bank unanimously agreed to cut interest rates by 25 basis points, mainly based on the latest assessment of the current inflationary pressure, future prospects and the transmission degree of monetary policy to the real economy. On the same day, the European Central Bank also released the latest macroeconomic forecast, further lowering its expectations for economic growth in the euro zone. Lagarde said that poor economic development and continued weakness are worrying. She said that trade friction may drag down economic growth, and extensive geopolitical development is one of the upward risks of inflation. In view of the fact that the current economic growth in the euro zone is hit by domestic political instability in various countries, especially large economies such as Germany and France, and may face the threat of punitive tariffs imposed by US President-elect Trump, the European Central Bank is still preparing to cut interest rates further. Lagarde said that the ECB Council is determined to ensure that inflation is sustainable and stable at the medium-term target of 2%. The next interest rate decision is scheduled for January 30, 2025.


Sources: A few ECB policymakers initially hoped to cut interest rates by 50 basis points. Three sources said that several ECB policymakers initially hoped to cut interest rates more sharply on Thursday, and they were worried that the new US tariffs would hinder economic growth. The European Central Bank cut interest rates by 25 basis points on Thursday, and opened the door for more easing policies, as the euro zone economy was dragged down by domestic political instability and the threat of a new round of trade war in the United States. However, due to the low forecast of inflation and economic growth, about five of the 26 members of the official Committee initially advocated a 50 basis point interest rate cut. In particular, they pointed out that if the incoming Trump administration imposes new tariffs on the EU, the growth of economic output next year may be lower than the 1.1% expected by the European Central Bank. A small number of policy makers who called for greater interest rate cuts quickly gave in, adding that given the current uncertainty, people are reluctant to make a hasty decision.ECB sources: Some people think that the ECB overestimates economic growth. In the case of Trump's tariff increase, the economic growth next year may be less than 1%.Xie Feng, Ambassador of China to the United States: The goal of China's commitment to the stable, healthy and sustainable development of Sino-US relations has not changed. According to the Chinese Embassy in the United States, on December 11th, u.s.-china business council held the 2024 annual celebration dinner in Washington. In his speech, Xie Feng said that China has always grasped the general trend of the world from a long historical period, maintained continuity and stability in its policy toward the United States, and it is the determination of a big country to respond to changes with constancy, and it is China's wisdom to create a new situation in a changing situation. Xie Feng pointed out that the goal of China's commitment to the stable, healthy and sustainable development of Sino-US relations has not changed, which is in line with the common interests of the two countries and the general expectations of the international community; The principle of handling Sino-US relations in accordance with mutual respect, peaceful coexistence and win-win cooperation has not changed, which is the fundamental way for China and the United States to get along correctly in the new era. The position of firmly safeguarding its sovereignty, security and development interests has not changed. This is a principle that China must defend and a red line that cannot be challenged. The desire to continue the traditional friendship between the Chinese and American people has not changed, and we are willing to continue to pave the way for cultural exchanges between the two countries. Xie Feng hopes that the US will move in the same direction as China, strengthen dialogue and communication, and refrain from shouting from a distance; Properly control differences and not engage in conflict and confrontation; Expand mutually beneficial cooperation and do not engage in decoupling and chain breaking; Carry out benign interaction, do not engage in zero-sum game, and strive to achieve a smooth transition and a good start in Sino-US relations.

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