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2024-12-14 01:51:25

The overall implementation of the personal pension system is more optimized. After two years of implementation in 36 cities (regions), the personal pension system will be officially launched nationwide on December 15th. On December 12th, Ministry of Human Resources and Social Security, Ministry of Finance, State Taxation Administration of The People's Republic of China, State Financial Supervision and Administration Bureau, China Securities Regulatory Commission and other five departments issued the Notice on Full Implementation of Individual Pension System, which made it clear that from December 15th, 2024, all workers who participated in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the individual pension system. China Securities Regulatory Commission said that the promulgation and implementation of the Notice is an important measure to implement the spirit of the 20th National Congress of the Communist Party of China and the Second and Third Plenary Sessions of the 20th Central Committee and accelerate the development of a multi-level and multi-pillar old-age security system, which is conducive to giving full play to the wealth management function of the capital market and building a sound policy system of "long money and long investment". At the same time, according to the requirements of the Notice, the China Securities Regulatory Commission timely optimized the product supply and included the first batch of 85 equity index funds in the personal pension investment product catalogue. Lou Feipeng, a researcher at China Postal Savings Bank, said that the Notice put forward targeted measures based on the situation encountered in the pilot, enriching the types of personal pension products, increasing the situation of receiving personal pensions in advance and effectively improving the personal pension system on the basis of the previous pilot, which will help attract investors to actively participate in personal pension-related investments. (Securities Daily)Reaffirming that the army will be mobilized to expel all illegal immigrants, Trump's latest statement revealed more details. On December 12, local time, US President-elect Trump reiterated in an interview that he plans to use the army to the maximum extent permitted by law and promote large-scale expulsion of illegal immigrants. Trump called illegal immigrants "an invasion of the country" and promised to cooperate with federal resources, including the National Guard, to quickly implement deportation. It is reported that Trump plans to declare a state of emergency, allocate resources to support this action, and may build new facilities to resettle immigrants waiting for repatriation. He also stressed that he hopes to reduce the demand for detention facilities through rapid expulsion. The analysis pointed out that although the National Guard has been used to support border patrols before, including the Democratic and Republican parties, it has not directly participated in immigration law enforcement. This time, the Trump team plans to use the military to provide support in transportation, infrastructure construction and intelligence, but the arrest will be carried out by immigration officials. Trump also suggested in the interview that he would expel all illegal immigrants in the next four years. According to data from the US Department of Homeland Security, as of January 2022, there were about 11 million illegal immigrants in the United States, and this number may increase recently. In this regard, some studies believe that the full implementation of the plan is costly, or it will have a far-reaching impact on industries that rely on immigrant labor. On November 18, local time, US President-elect Trump confirmed on the social media platform that the US military would be mobilized by declaring the country into a state of emergency, thus expelling illegal immigrants from the United States. (CCTV News)The Dow Jones Industrial Average broke through the 44,000.00 mark, and the latest report was 43,999.94, down 0.34% in the day.


French Ambassador to Ukraine: The first batch of Mirage 2000-5 fighters will be provided to Ukraine early next year. On December 12, local time, French Ambassador to Ukraine Visier said that in early 2025, France will provide Ukraine with the first batch of Mirage 2000-5 fighters as planned, and Ukrainian pilots and technicians are currently receiving training. He did not disclose the number of fighters to be delivered. Earlier, according to a report by Ukrainian Pravda on October 8, French Defense Minister Sebastian Lecornu said that France planned to deliver Mirage fighters to Ukraine early next year.Middle East Stock Market | On Thursday (December 12th), the all-share index of Saudi Stock Exchange closed down 0.41% to 12,099.33 points, up 1.40% this week. ARAMCO.AB closed down 0.35% to 28.45 Saudi riyals, up 1.79% this week. Albilad Southern Dongying MSCI Hong Kong China ETF listed in Saudi Arabia closed up 1.03% to 9.78 Saudi riyals, up 3.82% this week.Major indexes of European stocks were mixed, with German DAX 30 index up 0.08%, French stock index down 0.06%, Italian stock index up 0.40%, British stock index up 0.03% and European STOXX 600 index down 0.19%.


The mortgage interest rate in the United States fell for the third consecutive week, and the demand for home purchases rose. The mortgage interest rate in the United States fell for the third consecutive week. Freddie Mac said in a statement that the average interest rate of 30-year fixed-rate mortgages was 6.6%, down from 6.69% last week. Redfin Corp' s data for the four weeks ending December 8 show that buyers have been pushing forward in recent weeks, and the purchase contract has increased by 4.1% year-on-year. However, the broker said that affordability still faces challenges, because interest rates are still at a high level and the median selling price has increased by 6% year-on-year. "Demand is adapting to the new normal after the election," said Chen Zhao, head of economic research at Redfin.Spot gold fell below $2,680 per ounce, down 1.38% in the day. COMEX gold futures fell 2.00% in the day and are now reported at $2701.50 per ounce.According to informed sources, Switzerland and the European Union reached a compromise on the issue of immigration. The "Swiss Agreement" includes a new version of the immigration protection clause.

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