European Central Bank President Lagarde: Enterprises are curbing investment, exports are weak, and labor demand continues to weaken. The employment opportunities created are decreasing, so economic development should be strengthened, and the economic rebound is slower than expected.NATO Secretary General Rutte: We will need to spend far more than 2% of GDP on national defense.Market News: The Director of the Federal Aviation Administration will step down on January 20th.
Qualcomm appointed BAAZIZ ACHOUR as Chief Technology Officer.European Central Bank President Lagarde: The decline in corporate profit margins is due to the increase in the cost of absorbing labor. European Central Bank President Lagarde: It is observed that corporate profit margins have declined. Inflation risk is not a two-way street. The prospect of economic productivity is improving. The decline in profit margin is due to the increase in the cost of absorbing labor.Central Economic Work Conference: Implementing the Medical and Health Foundation Project and Formulating the Policy of Promoting Birth, which was held in Beijing from December 11th to 12th. The meeting proposed to implement employment support plans for key areas, key industries, urban and rural grassroots and small and medium-sized enterprises to promote the employment of key groups. Strengthen the protection of workers' rights and interests in flexible employment and new employment forms. We will implement policies to help industries and employment, ensure that large-scale return to poverty does not occur, and ensure the basic livelihood of people in need. Promote the high-quality and balanced development of compulsory education and solidly promote the expansion of high-quality undergraduate courses. Implement the medical and health foundation project and formulate policies to promote fertility. Develop community-supported home-based care for the aged and expand inclusive care for the aged. Adhere to and develop the "Fengqiao experience" in the new era and strengthen the public security system. (Xinhua News Agency)
European Central Bank President Lagarde: Reiterating the European Central Bank policy statement.WTI crude oil futures fell below $70/barrel, down 0.43% in the day; Brent crude oil fell 0.43% in the day to $73.05/barrel.American stock index futures maintained a downward trend, with S&P 500 E-MINI futures down 0.3%, Nasdaq futures down 0.6% and Dow Jones futures down 0.1%.