will cryptocurrency replace money- Top Overview

2024-12-13 05:00:49

General Motors (GM): The unmanned business Cruise and GM Technical team will be merged, and the plan is expected to be completed in the first half of 2025.Hezbollah in Lebanon said that it hoped that Syria would firmly resist Israel. Hezbollah in Lebanon issued a statement on the 10th local time, strongly condemning the continued invasion of Syrian territory by Israeli troops and destroying Syria's military combat capability, calling it a dangerous aggression. The statement pointed out that the UN Security Council, the international community and Arab countries have the responsibility to oppose and stop these Israeli actions and protect the Syrian people at this sensitive and crucial historical moment. Hezbollah in Lebanon also expressed its hope to see Syria stabilize, resolutely resist Israel and prevent foreign interference. (CCTV)General Motors said that it will give priority to the development of advanced driver assistance systems to realize fully automatic personal cars and make persistent efforts on the basis of super cruise.


The U.S. military said that two U.S. navy destroyers successfully intercepted weapons fired by Houthi forces during their voyage in the Gulf of Aden.US Treasury Secretary Yellen: I also expressed my concern about fiscal responsibility. We need to cut the deficit. I hope that Congress can try to pay for any extension of Trump's personal tax cuts passed in 2017.Brent crude oil futures closed at $72.19 a barrel, up 0.07%.


Market information: US federal judge blocked Kroger's $24.6 billion acquisition of Albertsons.The three major European stock indexes closed down across the board. The German DAX index fell 0.08% to 20329.16 points, the French CAC40 index fell 1.14% to 7394.78 points, and the British FTSE 100 index fell 0.86% to 8280.36 points.Since the beginning of this year, six small and medium-sized banks have "refused to redeem" tier-2 capital bonds. On December 9, Yingkou Bank Co., Ltd. announced that when the 10-year tier-2 capital bonds issued by the bank in 2019 had expired, the bank chose not to redeem the bonds. In fact, a number of commercial banks have announced this year that they will not exercise the right to redeem secondary capital bonds, mainly small and medium-sized banks. The insiders believe that there are two main reasons why banks choose not to redeem secondary capital bonds. First, it is difficult for banks to refinance and issue capital replenishment tools due to factors such as high cost of new bonds and declining profitability. Second, the bank's capital adequacy ratio has been at a low level, and some banks' capital adequacy ratio has been lower than the regulatory requirements before redemption, and the capital level may further decline after exercising the redemption right. (Securities Daily)

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