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2024-12-13 23:05:29

Market information: Ronen Bar, director of Israel National Security Agency, and Herzi Halevi, chief of staff of Israel Defense Forces, visited Cairo today and met with Hassan Rashad, head of Egyptian intelligence department, and senior Egyptian military officials.Brent crude oil rose by 1.00% in the day and is now reported at $72.48/barrel.CEO of Goldman Sachs: The market's response to tariffs will depend on the specific implementation.


Brent crude oil rose by 1.00% in the day and is now reported at $72.48/barrel.The United States will disclose the details of lending to Ukraine with the proceeds from frozen Russian assets. In October this year, the leaders of the Group of Seven reached a consensus on the details of providing Ukraine with a loan of 50 billion US dollars with the proceeds from frozen Russian assets as collateral. As part of the G-7 loan, the United States promised to grant Ukraine a loan of $20 billion. The Ukrainian cabinet recently issued a resolution saying that it has finalized the details of the loan with the US and approved the relevant loan agreement. According to the agreement, the Federal Loan Bank of the United States will provide Ukraine with a loan of US$ 20 billion for 40 years by using the proceeds from Russian frozen assets. The annual interest rate of the loan will be calculated according to the current average interest rate of one-year national debt in the United States, and the loan principal and interest will be repaid with the proceeds from frozen assets in Russia. Accord to a resolution issued by that Ukrainian cabinet a few day ago, the loan will be transferred to a fund specially set up for Ukraine by the world bank in October for Ukrainian use.The EU plans to issue 90 billion euros of bonds in the first half of 2025.


Chief Financial Officer of Citigroup: I feel very good about this year's revenue performance. Citigroup is expected to achieve the high end of the revenue guidance range in 2024, and plans to increase the stock repurchase scale after the bank's capital prospects are further clarified. "It is my top priority to return more of Citi's capital to investors," Mark Mason, chief financial officer of Citigroup, said at a conference organized by Goldman Sachs on Tuesday. "I am well aware of our trading level compared with our peers." Mason also said that the bank expects to reach the high end of the income guidance of $80 billion to $81 billion this year. "So it feels very good," he said. Mason said that spending may also be at the high end of the range. This shows that the bank will realize the forecast of two key indicators at the beginning of the year.Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization: It is estimated that about 10,000 people have been displaced in Syria since the Syrian opposition began to attack. We have delivered trauma and surgical supplies to Damascus Hospital and made efforts to provide more material support.CEO of Goldman Sachs: If tariffs are implemented, the market will not be excited.

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