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Citigroup slightly lowered South Korea's GDP growth forecast to 1.5% next year. It is expected that the Bank of Korea will cut interest rates next month. Citigroup released a report saying that considering the worse economic sentiment in South Korea this month, it slightly lowered its GDP forecast for this year and next year by 0.1 percentage point to 2.1% and 1.5% respectively. The bank slightly lowered Korea's GDP growth forecast for the last quarter of this year by 0.1 percentage point to rise by 0.3% quarterly, and raised its GDP growth forecast for the first quarter of next year by 0.1 percentage point to rise by 0.6% quarterly. Looking forward to the first quarter of next year, the bank expects South Korea to adopt a combination of expansionary policies, including the Bank of Korea's expected interest rate cut to 2.75% in mid-January, and the government's expected additional budget of 30 trillion won (equivalent to about 1.1% of GDP next year). It is expected that the Bank of Korea will cut interest rates by 25BP each in January, April, July and October next year, and the final interest rate is expected to be 2%.Kuwait set the price of crude oil sold to the Mediterranean region and northwest Europe in January at a discount of $4.90 per barrel.Behind the cheers of the shooting of American medical insurance executives: blood-sucking insurance companies and the new threat of "ghost guns", the suspect who shot and killed a senior executive of an American medical insurance company in the streets of new york City was arrested on the 9th. Police said on the 11th that a number of evidences have confirmed the criminal facts of suspect Luigi Man Ghione. After the shooting, the American public's anger against medical insurance companies broke out on the Internet, and the "ghost gun" 3D printed pistol used by the suspect also showed that the problem of gun proliferation in the United States became increasingly difficult to solve. Agence France-Presse reported that since Thompson was shot, the voice of ridicule and satire has flooded the Internet, and the lack of sympathy has become the mainstream sentiment of the public, which reflects the dissatisfaction and anger of Americans towards the medical system. (CCTV)

The transition period of yellow-card electric bicycles in Zhengzhou was extended for another two years. On December 12th, the reporter learned that Zhengzhou Public Security Bureau, Zhengzhou Bureau of Industry and Information Technology and Zhengzhou Municipal Market Supervision Administration jointly issued a notice, and after research, it was decided to extend the transition period of yellow-card electric bicycles (the temporary anti-theft record number with black letters on yellow background) after the expiry date of December 31st, 2024. According to the circular, in order to strengthen the management of electric bicycles, combined with the actual situation in Zhengzhou and the needs of the masses, it was decided through research that the transition period of yellow-card electric bicycles (the temporary anti-theft record number with black letters on the yellow background) will be extended from January 1, 2025 to December 31, 2026. (Dahe Daily)Samsung has lowered its mobile phone production target to 229 million units next year. Samsung Electronics has set a mobile phone production target for 2025, and plans to produce about 229 million smartphones. This goal includes 179.4 million units produced by ourselves and 49.9 million units produced by joint design and manufacturing (JDM). Compared with the initial plan of 237 million units in October this year, this target has been lowered by 7-8 million units, only slightly higher than the shipment forecast for the whole year of 2024.New Zealand plans to modify the "golden visa" to attract wealthy immigrants, and the New Zealand government is planning to modify its so-called "golden visa" program to attract more wealthy immigrants to invest in New Zealand. The Active Investor Plus Visa has always attracted the rich to New Zealand, bringing an average of NZ $1 billion (US$ 580 million) to New Zealand every year, but it has been sluggish since the rules changed in 2022. According to the data of Immigration New Zealand, in the past two years, only 35 applications have been fully approved, equivalent to NZ $352 million in nominated investment funds. In an interview in Wellington on Thursday, Finance Minister Nicola Willis said, "We realized that the previous government changed these settings, and we saw a significant drop in the number of investors. You can expect to see our announcement in this regard in the next few weeks. "

Minister of Finance Lan Foan attended and delivered a speech at the launching ceremony of the China-World Bank Group Global Ecosystem and Transformation Center. On December 8, the Ministry of Finance and the World Bank jointly held the launching ceremony of the China-World Bank Group Global Ecosystem and Transformation Center (hereinafter referred to as the Global Center). Lan Foan, Minister of Finance, delivered an opening speech with Peng Anjie, President of the World Bank, and signed a memorandum on the Global Center and an agreement on the renewal of the China-World Bank Group Partnership Fund. Liao Minyi, Vice Minister of Finance, and Philo, Vice President of the East Asia and Pacific Region of the World Bank, made closing remarks. More than 100 Chinese and foreign representatives from more than 20 embassies and international organizations in China, as well as relevant domestic departments and research institutions attended the event. Lan Foan emphasized that in the past decade, the central government has invested nearly 6 trillion yuan to fully guarantee the construction of beautiful China. The "gold content" of China's ecological environment has improved significantly, and the "green content" of its development has increased significantly. At the same time, China has assumed the responsibility of a big country, demonstrated its role as a big country, and achieved a major transformation from a participant to a leader in global environmental governance. China is willing to take the global center as a bridge, share China's experience in ecological protection and development, and embark on the road of green transformation together with other countries.Pakistan KSE-100 Index rose 2% to 113,268.80.Market news: Britain is considering the largest auction of renewable energy subsidies in history.