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 Assistant Foreign Minister Liu Bin attended and delivered a speech at the high-level meeting of "Friends of Neutrality" in Turkmenistan. On December 11, 2024, Assistant Foreign Minister Liu Bin attended and delivered a speech at the high-level meeting of "Friends of Neutrality" in Turkmenistan. Liu Bin pointed out that China is willing to join hands with Turkey, international organizations represented by the United Nations and other countries in the world to promote the construction of a beautiful world with lasting peace, universal security, common prosperity, openness, tolerance, cleanliness and beauty. Representatives from Russia, Kazakhstan, Iran, Qatar and other countries and UN officials attended the meeting.The Environmental Protection Department of the National Development and Reform Commission organized the liaison meeting of the coordination mechanism of cleaner production promotion departments in 2024. On the afternoon of December 10th, the Environmental Protection Department of the National Development and Reform Commission organized the liaison meeting of the coordination mechanism of cleaner production promotion departments in 2024 to sort out and summarize the latest progress, existing problems and difficulties in the implementation of cleaner production in 2024, study the key tasks in 2025, and promote the completion of the objectives and tasks of the Tenth Five-Year Plan.

 If Trump wants to curb inflation, the first thing to do is to build more houses. If Trump wants to push down inflation in the United States to a more tolerable level, he needs housing costs to help him. In this regard, the influence of the Federal Reserve is limited. It is unclear whether inflation will return to the Fed's 2% target in a sustained and convincing manner, at least not until housing inflation is further eased. In October, the national average rent in the United States was $209 per month, slightly lower than that in September, but still higher than the same period last year by 3.3%. Lisa Studt Vanter, chief economist of Bright MLS, said, "It is expected that with the passage of time, we will start to see the year-on-year rent growth slow down, but it just feels like it will take a long time. Some measures proposed by Trump will lead to rising inflation. Compared with six months ago, the prospect of continuing to move towards 2% is less certain. Aiming at the housing supply problem is something that the federal government can do meaningfully. Of course, this is not something that can be done in the short term. "South Korea's National Election Commission: Security vulnerabilities were discovered before, but most of them were fixed before the election. There is no evidence that North Korea hacked.

ING is bearish on the prospect of commodities next year. It is expected that gold will outshine others. ING said that energy and commodities will be under pressure next year, while the prospect of gold is still bright. According to ING, due to geopolitical concerns, the price of gold is bound to continue this year's record high, and the average price of gold in 2025 will rise from about $2,713 per ounce at present to $2,760 per ounce. Most of the buying will come from central banks seeking diversification of foreign exchange reserves, and the intensification of trade and geopolitical frictions may increase the safe-haven appeal of gold.Foreign media: The Italian neo-Nazi organization planned to assassinate the Prime Minister, which was foiled by the police. According to the British "Daily Telegraph" reported on the 11th, an Italian neo-Nazi organization was accused of planning to assassinate Prime Minister Giorgiya meloni and World Economic Forum President klaus schwab, and the assassination plot was foiled by the police. The report quoted local media as saying that last week, the police carried out raids in various parts of Italy, arrested 12 people suspected of participating in the far-right organization, and seized a batch of knives, military clothing and propaganda materials. The organization originally called itself "Wolf Division" and later renamed it "New Dawn Division". The police said that some suspects arrested called meloni a "fascist who persecuted fascists" and had planned to assassinate her since 2023. (Global Times)Informed sources: The main reason for the extreme flash crash is Baidu's divestment. Many people familiar with the extreme flash crash believe that the main reason is Baidu's divestment. Baidu insiders told that in October 2024, the company sent a financial team to make preparations for the follow-up investment of 3 billion yuan: "As a result, it was found that there were as many as 7 billion financial holes and it was decided not to continue investing." (Caixin)