digital reserve currency Top Knowledge

Polish Prime Minister Tusk said that the Russian-Ukrainian peace talks may start this winter, and Polish Prime Minister donald tusk said on Tuesday that the peace talks on the Russian-Ukrainian war may start this winter.Citigroup's chief financial officer said that the spending of American consumers in its branded credit card business between Thanksgiving and Cyber Monday increased by a median digit year-on-year.Three quarters of the earth's land is gradually dry due to climate change. From December 2 to 13, the 16th Conference of the Parties to the United Nations Convention to Combat Desertification (COP16) was held in Riyadh, Saudi Arabia. On December 9, the United Nations released a report during the meeting, saying that about three-quarters of the world's land has gradually become dry due to climate change. In addition, the Copernican Climate Change Service of the European Union pointed out in a monthly bulletin of global air surface temperature in November released on December 6 that 2024 will be the hottest year on record in the world, and the current ultra-high temperature is expected to last until the first few months of 2025.

The 16th meeting of the Steering Committee for China-Vietnam Bilateral Cooperation was held, and the 16th meeting of the Steering Committee for China-Vietnam Bilateral Cooperation was held in Beijing. Member the Political Bureau of the Communist Party of China (CPC) Central Committee and Foreign Minister Wang Yi co-chaired the meeting with Vietnamese Deputy Prime Minister and Foreign Minister Pei Qingshan, and the heads of many ministries and commissions of both sides and local provinces and regions participated online and offline. Wang Yi pointed out that the two sides should maintain a stable strategic direction, maintain high-level exchanges and counterpart cooperation and exchanges, and jointly enhance their ruling ability. China supports Vietnam's preparations for the 14th National Congress of the Communist Party of Vietnam (CPV) and the socialist road in line with Vietnam's national conditions. We must lay a solid foundation for security, give full play to the "3+3" strategic dialogue between China and Vietnam in diplomacy, national defense and public security, and firmly unite and cooperate to safeguard common interests. It is necessary to promote mutual benefit and win-win, expand two-way trade and investment, build a stable and smooth cross-border industrial chain supply chain, improve the level of infrastructure interconnection and trade and investment facilitation, and strengthen cooperation in emerging fields such as artificial intelligence, e-commerce, digital economy and green development. We should cultivate people-to-people friendship, organize the 75th anniversary of the establishment of diplomatic relations between China and China and the China-Vietnam People-to-People Exchange Year next year, encourage more Vietnamese tourists to travel to Vietnam, and support the opening of flights between the two countries. It is necessary to strengthen coordination and cooperation under the mechanisms of the United Nations, ASEAN and Lanzhou-Mekong cooperation, practice true multilateralism and safeguard the common interests of developing countries. It is necessary to manage differences properly, adhere to bilateral friendly consultations, continue to make good use of the border negotiation mechanism, and promote new progress in maritime cooperation. (Ministry of Foreign Affairs)Domestic black futures closed at night, with iron ore down 1.09%, iron ore down 1.09%, rebar down 0.29%, hot coil down 0.34%, coking coal down 1.48% and coke down 0.19%.Xingyuan Environment plans to sell some land use rights and factories for 86 million yuan. On the evening of December 10, Xingyuan Environment announced that in order to improve asset operation efficiency and revitalize existing assets, the company and Zhejiang Forest Light Technology Co., Ltd. signed the Land (Factory Building) Purchase and Sale Agreement to transfer industrial land and above-ground buildings located at No.2062 Moganshan Road, Liangzhu Street, Yuhang District, Hangzhou.

The Australian dollar fell 1% against the US dollar to 0.6375.Amazon will try out the fast delivery service in India and promise to deliver it within 15 minutes. amit agarwal, senior vice president of emerging markets of Amazon, said in an interview on December 10th that Amazon will try out the delivery service in Bangalore, India for 15 minutes or less. "The catalogue of products involved in the service will range from groceries to household items, depending on the community it serves". Companies such as Blinkit, a subsidiary of Indian takeaway giant Zomato, Swiggy supported by Softbank and BigBasket, a subsidiary of Tata Group, dominate the Indian grocery express delivery market, and some of them have launched the fastest 10-minute express delivery service.Bank for International Settlements: Swap spreads are reflecting investors' concerns about excessive bond supply. The Bank for International Settlements (BIS) pointed out that huge government loans are having an impact on the global interest rate market, saying that investors have demanded higher premiums for buying sovereign bonds. In its quarterly report released on Tuesday, the agency pointed out that the swap spreads of various currencies and maturities have narrowed rapidly in recent months, which are "signs of possible oversupply". As investors are worried about huge debt and deficit expansion, the yields of government bonds in the euro zone and Japan have recently exceeded comparable swap rates. This leads to the so-called swap spread becoming negative. Because national debt is usually regarded as a safer investment than interest rate swap, it is unusual for the swap spread to enter the negative range. According to the Bank for International Settlements, the negative swap spread seems to reflect the pressure faced by investors and intermediaries because they need to absorb more government bonds in the near future. In the United States, the swap spreads for some maturities have been negative for many years.