Market News: Russian Internet regulators have blocked Viber's domestic instant messaging service.The S&P 500 index fell, and the Nasdaq 100 index rose to 0.6%.President of Georgia: I don't intend to leave the presidential palace after my term expires.
US Secretary of State Blinken visited Baghdad to discuss the Syrian issue with Iraqi Prime Minister. On December 13th, local time, US Secretary of State Blinken visited the Iraqi capital Baghdad and held talks with Iraqi Prime Minister Al-Sudani on the Syrian issue. The State Council has not announced the itinerary of Blinken's visit before.The Russell 2000 index fell by 1% in the day.Georgian President: He will not leave the presidential palace after his term ends. On December 13th, local time, Georgian President Zurabishvili said that he would not leave the presidential palace after his term ends. Georgian President Zurabishvili said on November 30th local time that although her term of office is coming to an end, she will not hand over power because the current parliament is illegal. She will remain president "until a new parliament is legally elected". According to the Georgian Constitution, Zurabishvili's six-year term will expire on December 16th. The Georgian Parliament passed a resolution on November 26th, deciding to hold the presidential election on December 14th and the inauguration ceremony of the new president on December 29th. Georgia held a new parliamentary election on October 26, and the Georgian Dream Party won more than half of the votes. Four opposition coalitions, which also entered the parliament, refused to recognize the election results and demanded a new parliamentary election. Zurabishvili announced on October 27th that it would not recognize the results of the new parliamentary election.
Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.Georgian President: He will not leave the presidential palace after his term ends. On December 13th, local time, Georgian President Zurabishvili said that he would not leave the presidential palace after his term ends. Georgian President Zurabishvili said on November 30th local time that although her term of office is coming to an end, she will not hand over power because the current parliament is illegal. She will remain president "until a new parliament is legally elected". According to the Georgian Constitution, Zurabishvili's six-year term will expire on December 16th. The Georgian Parliament passed a resolution on November 26th, deciding to hold the presidential election on December 14th and the inauguration ceremony of the new president on December 29th. Georgia held a new parliamentary election on October 26, and the Georgian Dream Party won more than half of the votes. Four opposition coalitions, which also entered the parliament, refused to recognize the election results and demanded a new parliamentary election. Zurabishvili announced on October 27th that it would not recognize the results of the new parliamentary election.European natural gas futures fell by more than 11% this week, and the EU carbon tax fell by about 6%. At the end of the European market on Friday (December 13th), ICE UK natural gas futures fell by 3.41% to 102.560p/kcal, with a cumulative decline of 11.49% this week. TTF benchmark Dutch natural gas futures fell 3.57% to 41.030 Euro/MWh, down 11.67% this week. ICE EU carbon emissions trading license (futures price) fell 2.80% to 64.25 euros/ton, down 5.94% this week.