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If the Bank of Canada cuts interest rates by 50bp as expected, it is expected that the pace of interest rate cuts will slow down. The Bank of Canada cut interest rates sharply for the second time in a row this month, and hinted that policymakers are prepared to slow down the pace of monetary easing. The bank cut interest rates by 50 basis points to 3.25%, bringing borrowing costs to the upper part of their expected range of neutral interest rates. However, they also hinted that after the sharp interest rate cut expected by the market and most economists, there may be a smaller interest rate cut again in 2025. Officials dropped their previous statement that they expected to further reduce borrowing costs. "With the policy interest rate greatly reduced, we expect that if the economic development is generally in line with expectations, monetary policy will adopt a more gradual approach," Bank of Canada Governor Mackler said in a prepared speech. "Looking ahead, we will evaluate the necessity of further reducing the policy interest rate one by one." The General Administration of Market Supervision launched the third batch of national commercial secret protection and innovation pilot work. On December 11th, according to the news of official website, the General Administration of Market Supervision held the on-the-spot meeting of commercial secret protection and the third batch of national commercial secret protection and innovation pilot meeting in Wenzhou, Zhejiang Province, to implement the spirit of the Third Plenary Session of the 20th CPC Central Committee, systematically summarize the effectiveness of the national commercial secret protection and innovation pilot work, deeply analyze the current situation, and deploy and carry out the third batch of national commercial secret protection and innovation pilot work. On the basis of the good results of the first and second batches of pilot projects, the General Administration of Market Supervision launched the third batch of innovative pilot projects this year, and in December, it identified 11 areas such as Minhang District of Shanghai as the third batch of national commercial secret protection innovation pilot projects, and agreed to change the pilot scope of Hefei High-tech Zone in Anhui Province to Hefei City. The launch of the third batch of pilot projects has further expanded the provincial coverage of innovation pilot work and achieved comprehensive coverage in the eastern, central and western regions, which will continue to deepen the influence from point to area and give full play to the radiation-driven effect of innovation pilot work on improving the overall level of trade secret protection in China.

ExxonMobil: By 2030, we plan to invest about 140 billion US dollars in major projects and Permian basin development plans.South Korea's former defense minister tried to commit suicide in prison. The Korean Ministry of Justice disclosed details. According to Yonhap News Agency's report on the 11th, South Korea's former defense minister Jin Longxian attempted suicide in prison on the evening of 10th. In response, Shen Ronghai, head of the Department of Corrections of the Korean Ministry of Justice, said that at present, Jin Longxian "has no abnormal physical condition." According to the report, Shen Ronghai said on the 11th that at around 11: 52 last night (10th), before the arrest warrant was issued, the staff found him trying to connect clothes into a rope in the bathroom in an attempt to commit suicide. Shen Ronghai added that the staff immediately took action and opened the door, and then Jin Longxian gave up suicide. At present, Jin Longxian has been placed in the protection room, and according to the report, his physical condition is not abnormal for the time being. (Yonhap News Agency)Russia said it was attacked by six ATACMS missiles today, and said it would respond to today's ATACMS missile attack.

CEO of audi ag: I hope to keep pace with BYD in China. audi ag is in the stage of strategic stability and will enter the growth stage of new energy vehicles from 2026. Audi ag hopes to maintain its leading position in the China market and keep pace with BYD. On December 10th, 2024, Oliver Blume, CEO of German audi ag, made the above remarks in a speech at Tongji University. (Caixin. com)According to the monetary authority of singapore survey, economists predict that the core inflation rate will be 1.8% in 2025.CEO of audi ag: I hope to keep pace with BYD in China. audi ag is in the stage of strategic stability and will enter the growth stage of new energy vehicles from 2026. Audi ag hopes to maintain its leading position in the China market and keep pace with BYD. On December 10th, 2024, Oliver Blume, CEO of German audi ag, made the above remarks in a speech at Tongji University. (Caixin. com)