what's new in crypto Top snippets

The random shooting incident in Damascus, the capital of Syria, has killed 28 people. It was learned on the 9th local time that the random shooting incident in Damascus, the capital of Syria, the previous day had killed 28 people. (CCTV)The S&P 500 index fell by 0.5%, the telecom sector fell by about 1.3%, and the S&P fell by 0.5% in 500 days to 6059.70 points. Standard & Poor's telecommunications sector fell by 1.27%, financial sector fell by 0.91%, industrial sector fell by 0.87%, technology sector fell by 0.6%, raw materials sector rose by 0.9%, and energy sector rose by 1.07%. At present, the volatility of the panic index VIX has increased by 10.0% to 14.06.Suresh Gopi, Minister of Primary Oil of India, sent a letter to Parliament: It is estimated that India's refining capacity will increase by 309.5 million tons by 2028. One goal of the government is to achieve 20% ethanol in gasoline supply by 2025 and 5% biofuel in diesel supply by 2030.

In November, the new york Fed's one-year inflation forecast was 2.97%, with the previous value of 2.87%.At least two people were killed in an explosion in a warehouse in Russia. On December 9, local time, an explosion occurred in a fireworks warehouse in Pushkino, Moscow, Russia. At present, two people have been found dead at the scene. (CCTV)Pimco tends to reduce its holdings of longer-term US Treasury bonds. The main reason is the rising deficit. Marc Seidner and Pramol Dhawan, managing directors of Pimco, wrote in a report on Monday that they have been "reducing the allocation of longer-term bonds" and prefer short-term US Treasury bonds. As the size of US Treasury bonds soared from $17 trillion before the outbreak to nearly $29 trillion, the concern about the increase in the yield of long-term treasury bonds caused by the increase in US debt has become a flash point in the market. What investors are most worried about is the recurrence of the phenomenon of "bond self-defense forces" in the 1980s and early 1990s, that is, some bondholders aggressively sold US Treasury bonds because of the huge government financial expenditure. Seidner and Dhawan wrote, "It is difficult to predict the sudden reaction of the market to long-term trends. No organized self-defense force is prepared to take action on a specific debt threshold, and changes in investor behavior usually occur over time. " Pimco said that in view of the sustainability of US debt and the impact of potential inflation catalysts on the labor force, the institution hesitated to buy long-term debt.

WTO: The global trade in goods grew moderately in the fourth quarter of 2024. On December 9, local time, the latest issue of "Barometer of Trade in Goods" released by WTO showed that the prosperity index of global trade in goods was 102.7, which was higher than the benchmark of 100. According to the analysis of WTO, global trade in goods continued to grow moderately in the fourth quarter of 2024, but the trade prospect in 2025 is still uncertain and may be affected by potential trade policy changes. (CCTV)Yizi is said to explore the acquisition of Hershey, an American chocolate manufacturer, which is expected to create a new food giant. According to informed sources, Yizi International, a snack and candy company, is exploring the acquisition of Hershey, a well-known American chocolate manufacturer. This potential transaction is expected to create a food giant with a total sales of nearly 50 billion US dollars. By the end of last week, the market value of Yizi was about $84 billion, compared with $35 billion at Hershey.The S&P 500 index fell by 0.5%, the telecom sector fell by about 1.3%, and the S&P fell by 0.5% in 500 days to 6059.70 points. Standard & Poor's telecommunications sector fell by 1.27%, financial sector fell by 0.91%, industrial sector fell by 0.87%, technology sector fell by 0.6%, raw materials sector rose by 0.9%, and energy sector rose by 1.07%. At present, the volatility of the panic index VIX has increased by 10.0% to 14.06.