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Citigroup: Brazil is unlikely to cut interest rates next year.Hong Kong held an insurance forum to share the advantages of a global risk management center, and the Hong Kong Insurance Regulatory Authority held the 2024 Asian Insurance Forum at the Hong Kong Convention and Exhibition Center on the 10th. Focusing on "Meeting the Challenges of Global Market Fluctuation", the forum brought together more than 400 professionals from insurance, banking and asset management, regulators, law enforcement agencies and related institutions to share the advantages of Hong Kong as a global risk management center and explore the prospects and challenges of global financial markets. (Xinhua News Agency)Government of India: Appoint Ajay Seth, the current Minister of Economic Affairs, as Minister of Finance.


Reuters survey: 93 out of 103 economists believe that the Federal Reserve will cut the federal funds rate by 25 basis points to 4.25%-4.50% on December 18th.Council of the European Union: Poland will hold the rotating presidency of the Council from January to the end of June 2025.France's nuclear power generation hit its highest level since January 19th.


Chief Financial Officer of Citigroup: The company's net interest income (excluding the market) will benefit from the increase in trading volume.Market News: The Russian Duma supports the legislation to remove the Taliban from the list of prohibited organizations.According to the report, the community for the aged is getting more and more popular. How can the "coordination of insurance and support" go further? Under the impact of multiple changes, the traditional concept of providing for the aged has begun to be challenged. Which way of providing for the aged has become a new choice at present? A report was unveiled. The White Paper on Urban Commercial Pension in China 2025 released on December 8th shows that when asked whether to consider living in an old-age community, 59.9% of the respondents are willing to live in an old-age community without being taken care of. The reasons for the growing popularity of the old-age community include that it can not only provide professional services, rich activities and comfortable environment, but also meet the needs of modern family relations. It is noteworthy that, at present, insurance companies have produced another innovative model based on the mainstream model of "large policy+occupancy rights", namely "large policy+occupancy rights+service payment". (beijing business today)

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