The cross union protest against pension reform organized by French trade unions calls for improved working conditions in Paris, calls for social justice, and a freeze on prices in the context of rising inflation. (Agence France Presse) The Economist article on October 14th, original title: Europe should not replicate Biden's economics. It is obvious that Europe is eager to follow the economic policies of US President Joe Biden, and this is causing Europe to pay a ... 阅读全文

China Fund News reporter Ivan On Monday, October 16th, Eastern Time, investors were preparing for the full arrival of the third quarter financial reporting season, and there were also dove like comments from Federal Reserve officials. The market panic index plummeted, risk appetite rebounded, and the three major US stock indices collectively closed higher. Another 668 layoffs, Microsoft's LinkedIn has launched its second round of layoffs! Microsoft rose slightly ... 阅读全文

Philadelphia Fed Chairman Patrick Harker said on Monday that the Federal Reserve should not consider further interest rate hikes as many small businesses in the United States have been struggling to cope with the Fed's tightening policies so far. Huck said, "It's really difficult for small businesses to get funding. Some of the bankers I've talked to are worried that their business plans won't be achievable at higher interest rates. I heard many such warnings dur ... 阅读全文

The Economist article on October 14th, original title: Europe should not replicate Biden's economics. It is obvious that Europe is eager to follow the economic policies of US President Joe Biden, and this is causing Europe to pay a price. Europe has lost Russia's cheap fossil fuels, making its transition to clean energy more like a national security issue. Germany, the largest economy in Europe, is concerned that China and the United States, which receive state s ... 阅读全文

Source: Global Times On October 16th, the South China Morning Post in Hong Kong published an article with the original title: "Keeping a close eye on China, Europe may overlook the true danger of" de risk "and" de risk "has become the main argument in Europe about China and Russia. Reducing undue dependence is important, but the EU has a more comprehensive understanding of risks. Firstly, the EU needs to have a correct view of the scale and potential impact of it ... 阅读全文

Source: Global Times The Economist article on October 14th, original title: Europe should not replicate Biden's economics. It is obvious that Europe is eager to follow the economic policies of US President Joe Biden, and this is causing Europe to pay a price. Europe has lost Russia's cheap fossil fuels, making its transition to clean energy more like a national security issue. Germany, the largest economy in Europe, is concerned that China and the United States, ... 阅读全文

Source: Global Times The Economist article on October 14th, original title: Europe should not replicate Biden's economics. It is obvious that Europe is eager to follow the economic policies of US President Joe Biden, and this is causing Europe to pay a price. Europe has lost Russia's cheap fossil fuels, making its transition to clean energy more like a national security issue. Germany, the largest economy in Europe, is concerned that China and the United States, ... 阅读全文

The current US Treasury Secretary and former Federal Reserve Chairman Yellen stated on Monday that high interest rates in the United States may continue, but it is currently unclear. Yellen also insists that the US economy is in good condition. Yellen's statement about US interest rates is somewhat different from her public statement in early October. At that time, she stated that the scenario of US interest rates staying at higher levels for a longer period of t ... 阅读全文

Ten years after the "the Belt and Road" initiative was put forward, China is trying to revitalize this huge infrastructure plan by greatly reducing its risks. This initiative still occupies a central position in China's global vision after experiencing a series of difficulties in bad debts and high rescue payments. The purpose of this conference is to inject new vitality into the plan while preventing the recurrence of the excessive behavior that led to these p ... 阅读全文

Translator's note: Roberto Mangabeira Unger, born in Rio de Janeiro in 1947, is a world-renowned critical jurist who served as Brazil's Minister of Strategy and is currently a professor of law at Harvard Law School, Roscoe Pound. Anger visited the Central Party School, Tsinghua University, and the Development Research Center of the State Council in 2017 to promote theoretical exploration of the knowledge economy in both Chinese and foreign academic circles. In 20 ... 阅读全文

The Federal Reserve of Australia released the minutes of its October monetary policy meeting. The minutes show that the Federal Reserve of Australia is considering raising interest rates again this month, but believes that the possibility of maintaining interest rates unchanged for the fourth time is "greater", indicating that under the leadership of the new chairman, Michelle Bullock, the cautious policy stance of the Federal Reserve of Australia has a certain d ... 阅读全文

All 27 economists surveyed by The Wall Street Journal predict that the Bank of Korea will keep its benchmark interest rate unchanged at 3.50% on Thursday. No one predicts that the Bank of Korea will adjust interest rates before the end of the year. Some people expect that after years of tightening policies, the central bank will start cutting interest rates in 2024 to help alleviate financial pressure. Nomura Securities stated that they insist that by the end of ... 阅读全文

At the highly anticipated meeting to discuss debt reform, financial officials from China and the United States engaged in fierce exchanges. However, this time, Saudi Arabia also took the initiative to speak up for China and refuted the US statement on the spot, which surprised the US. From October 9th to 15th local time, the International Monetary Fund and the World Bank held their 2023 Autumn Annual Meeting in Morocco. As the two major global money supply instit ... 阅读全文

The year-on-year increase in New Zealand's CPI in the third quarter was lower than economists' expectations, further indicating that the tightening actions of the New Zealand Federal Reserve have come to an end. According to data released on Tuesday, New Zealand's CPI rose 5.6% year-on-year in the third quarter, lower than economists' expectations of 5.9% and the previous 6%; The month on month increase was 1.8%, lower than economists' expectations of 2%, but hig ... 阅读全文

On October 15th, the Spanish newspaper Le Monde published an article by Pablo Pardo titled "Six Keys to the World Economy: From Taylor Swift's Struggle with Streaming to the Geopolitical Crisis between Hamas and Israel". The full text is excerpted as follows: Taylor Swift, an exorcist who cannot handle "streaming media" Taylor Swift, 34, defeated cable television, internet, and entertainment giant Comcast. Swift forced Comcast to change the release time of his fi ... 阅读全文

The opening of the second Hema X membership store located in the Dawang Road business district in Beijing is underway. A reporter from the China Times recently learned during a visit that the sign of the "Hema X Membership Store" has been printed. In front of the store entrance, Hema has set up a blue tent, and staff are warmly recruiting customers to join the membership, with relevant gifts being given. For more than ten years before 2023, this store located at ... 阅读全文

The recent intensification of the Israeli-Palestinian conflict has led to the joint efforts of the Western world, which has fueled Israel's indiscriminate bombing of the Gaza Strip and even resulted in the deaths of more than ten United Nations staff members. However, what surprised the outside world was that one of Israel's unscrupulous tactics in cracking down on Hamas directly led to the death of America's financial hegemony in its own hands. According to the ... 阅读全文

Valdes, the head of Western Hemisphere affairs at the International Monetary Fund (IMF), stated that faster action is needed to address the Argentine economic crisis; If Argentina undergoes dollarization, it will need to find ways to stabilize its reserve levels.

[Yield hit a new high in nearly 16 years! How will the impact of the US debt surge be?] Affected by the latest employment data in the United States, the recent 10-year US bond yield surged to a new high, and caused a series of impacts on overseas financial markets. From breaching 4.8% on October 3 to approaching 4.9% on October 6, what is the future trend of the 10-year US Treasury yield? Where is the top? Influence geometry?