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2024-12-14 11:03:22

Market News: It is reported that Iraq's strategic wheat reserve is enough to meet the consumption for more than six months.Two States in the United States sued Glock, a gun manufacturer, for ignoring the design flaw that "pistols can easily become machine guns". On the 12th, the prosecutors in New Jersey and Minnesota respectively sued Glock, an Austrian weapons manufacturer, accusing the pistol manufactured by them of design defects and being easily converted into illegal machine guns. According to the complaint, Glock knew this situation for a long time, and continued to sell this pistol to the United States and profit from it, which promoted the proliferation of gun violence in the United States. (Xinhua News Agency)Huawang Technology: Zhang Yancheng, the director, plans to reduce the company's shares by no more than 0.3443%. Huawang Technology announced that Zhang Yancheng, the company's director and senior manager, plans to reduce the company's shares by no more than 1.6 million shares through centralized bidding on the Shanghai Stock Exchange within three months after the announcement date, accounting for 0.3443% of the company's total share capital. The reduction price will be determined according to the market price. Zhang Yancheng currently holds 6,671,700 shares of the company, accounting for 1.4357% of the company's total share capital.


It is reported that the European Central Bank is considering cutting interest rates by 25 basis points in the next two meetings. According to informed sources, as the inflation rate stabilizes at the target of 2% and economic growth is sluggish, ECB officials plan to cut interest rates by another 25 basis points in January, and there may be another one in March. People familiar with the matter said that as long as the economic development meets current expectations, gradually reducing the borrowing cost is the most appropriate path. They believe that cutting interest rates by 50 basis points at a time in an emergency is still an option, but this move may convey an unexpected sense of urgency. According to people familiar with the matter, officials have not yet made any decision, and every meeting will be evaluated based on all available information, even after March. They stressed that once the situation becomes clearer after Trump takes office in January, the policy inclination of the central bank may change.Israel pressured the Palestinian National Authority to search for militants. The Palestinian National Authority admitted on the 12th that Palestinian security forces killed a 19-year-old civilian man during an operation in the West Bank city of Jenin earlier this week. Palestinian Islamic Resistance Movement (Hamas) accused the Palestinian National Authority of searching for "resistance fighters" and said that Palestine should avoid internal conflicts. According to Israeli media reports, the Israeli side pressured the Palestinian National Authority to intensify the search, and threatened that if the Palestinian security forces could not do it, the Israeli army would do it. (Xinhua News Agency)Ukrainian Ministry of Agriculture: It is estimated that Ukraine's grain output will be close to 55 million tons in 2024, compared with the previous estimate of 54 million tons. It is estimated that Ukraine's grain exports in 2024/25 may include 16.2 million tons of wheat, 20.5 million tons of corn and 2.9 million tons of barley. It is estimated that Ukraine's total grain export in 2024/25 will be 40.3 million tons, compared with 51 million tons in 2023/24.


Hokkaido, Japan will levy accommodation tax from 2026, and it is estimated that the annual tax revenue will reach 4.5 billion yen. On December 12, the plenary session of Hokkaido Parliament of Japan passed a regulation to levy accommodation tax on tourists staying in hotels and hotels in Daodao, which is expected to be implemented from April 2026. The accommodation fee per person per night is 500 yen if it is above 50,000 yen (about 2,380 yuan), 200 yen if it is between 20,000 and 50,000 yen, and 100 yen if it is below 20,000 yen. It is estimated that the annual tax revenue will reach about 4.5 billion yen, which will be used for transportation infrastructure construction and "excessive tourism" (tourism pollution) countermeasures.Countering the price limit of Western countries, Putin extended the oil supply ban. On the 13th, Russian President Vladimir Putin signed a presidential decree, announcing the extension of the counter-measures to set price ceilings for Russian oil and oil products until June 30, 2025. Putin signed a presidential decree on December 27, 2022, demanding that the supply of Russian petroleum and petroleum products to foreign legal persons and individuals who directly or indirectly use the price ceiling mechanism in their contracts be prohibited. This presidential decree came into effect on February 1, 2023, and its validity period was extended several times. In early December, 2022, EU member states reached an agreement on setting a price ceiling of $60 per barrel for Russian seaborne oil exports. The Group of Seven and Australia announced that they would implement the same price limit policy as the EU. (Xinhua News Agency)US Secretary of State Blinken visited Baghdad to discuss the Syrian issue with Iraqi Prime Minister. On December 13th, local time, US Secretary of State Blinken visited the Iraqi capital Baghdad and held talks with Iraqi Prime Minister Al-Sudani on the Syrian issue. The State Council has not announced the itinerary of Blinken's visit before. (CCTV News)

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