The Bank of Canada's statement no longer mentions that it is reasonable to expect further interest rate cuts if the economic development is consistent with the forecast. The need for further interest rate cuts will be assessed and a decision will be made one by one.CEO of ExxonMobil: Our next generation graphite will shorten the charging time and increase the cruising range of electric vehicles by 30%.Damascus, the capital of Syria, lifted the curfew, and the "Syrian Sham Liberation Army" announced the lifting of the curfew in Damascus on the 11th, and called on the Syrian people to return to work. The political situation in Syria changed dramatically on the 8th. On the same day, the "Syrian Sharm Liberation Armed Forces" announced "the liberation of Damascus and the overthrow of the Assad regime" and curfew measures. The Syrian transitional government, with Mohamed Bashir as caretaker prime minister, officially took over power on the 10th. (Xinhua News Agency)
The Ministry of Ecology and Environment intends to further clarify the standards and conditions for enterprises to declare special funds for the disposal of waste electrical and electronic products. On the 10th, the Ministry of Ecology and Environment publicly solicited opinions on the Notice on Standards and Conditions for Enterprises to Declare Special Funds for the Disposal of Waste Electrical and Electronic Products (Draft for Comment). It is proposed that the declaration conditions should be determined according to the following principles: First, fair competition. Do not distinguish between enterprises subsidized by the original waste electrical equipment treatment fund and enterprises newly entering the market, and unify the reporting conditions. The second is to reward the excellent and help the strong. In order to ensure that the financial incentive policy is inclined to large-scale and high-quality enterprises, and at the same time, considering the development differences between regions, we have set the minimum quantity requirements. The number of processing enterprises located in the western region is 900,000 units (sets), and the number of processing enterprises located in other regions is 1 million units (sets). The third is a smooth transition. As 2024 is a policy transition year, the processing quantity in 2024 is the main factor in the allocation of special funds in 2025. Considering the market affordability and the adjustment period of production and operation of enterprises, a transition period is set aside for the setting of the number requirements for special funds in 2025, and it is planned to set the number requirements to 500,000 units (sets) per year.The US Supreme Court dismissed the securities fraud lawsuit filed by shareholders against NVIDIA (NVDA.O).The Canadian dollar expanded its gains to an intraday high.
Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.The Haitian government announced that the Port-au-Prince airport would resume the use of commercial flights. On December 10th, local time, Haitian Prime Minister Alex Fils Aimee announced that the Toussaint Louverture International Airport in Port-au-Prince would resume its normal use from now on to fly commercial flights. However, due to the ban on take-off flights issued by the US aviation regulator, there is still no news about when the first flights will resume. (CCTV News)Saudi Arabia won the right to host the 2034 World Cup, and the FIFA Council confirmed that the 2034 World Cup will be hosted by Saudi Arabia, which is the third time that Asia has hosted the World Cup. At the same time, Saudi Arabia is also the only bidding country for the 2034 World Cup. The Saudi Football Association announced its bid to host the 2034 World Cup on October 9, 2023. By the deadline of November 1, 2023, there was still only one bidding country in Saudi Arabia. This is the first time in nearly 60 years that FIFA has determined the right to host the World Cup without competitors. Saudi Arabia is also the fourth Asian country to host the World Cup after South Korea and Japan in 2002 and Qatar in 2022. This is the second time that the World Cup has entered West Asia.