digital currency with most potential- Top Knowledge

Reuters survey: 56 out of 97 economists said that the Federal Reserve will cut the federal funds rate to 3.50%-3.75% or lower by the end of 2025 (70 out of 99 economists in November).In 6 years, Beijing 12345 received 150 million cases, and the satisfaction rate of Beijing 12345 received 97%. The 2024 Beijing reform forum will be held at the National Convention Center from December 18 to 19. On December 10th, the reporter learned from the press conference held by the Information Office of Beijing Municipal People's Government that the annual theme of this year's forum is "People-oriented Modernization of Urban Governance", and a number of theoretical research results will be released at the conference, and the Beijing Declaration on Modernization of Urban Governance (2024) will also be released. The reform of handling complaints immediately has gone through six years, and a group of people are anxious to solve the problem efficiently. In the past six years, the 12345 hotline has received 150 million complaints from the masses and enterprises, and the settlement rate of appeals has increased from 53% to 97%, and the satisfaction rate of appeals has increased from 65% to 97%, further enhancing the people's sense of acquisition, happiness and security. (Beijing Daily)China Mobile cooperated with Huawei to complete the first commercial deployment of 5G EasyMacro high-precision positioning for subway tunnels in China. On December 10th, according to Huawei's official news in China, in response to the requirements for positioning capability of communication industry in China's 14th Five-Year Plan, China Mobile Design Institute and Shanghai Mobile Company cooperated with Huawei to successfully realize the first commercial deployment of 5G EasyMacro (EM) high-precision positioning solution in Shanghai subway tunnel. As an important network capability in vertical industry, the successful deployment of 5G high-precision positioning in subway tunnel scene marks a major breakthrough in 5G private network positioning technology.

EUR/GBP fell 0.3% to 0.8249, the lowest point since March 2022.In the third quarter of the United States, the productivity growth of 2.2% was in line with expectations. According to the data of the Bureau of Labor Statistics, the productivity in the third quarter increased by 2.2% year-on-year, which was in line with expectations. The forecast range of 32 economists is 2.1% to 2.8%. The US Bureau of Labor Statistics announced earlier that the initial productivity in the third quarter increased by 2.2%.Sharp and KDDI reached a consensus on starting the AI data center in 2025. On December 9, Sharp announced that it had reached a consensus with Japanese telecom giant KDDI, and strived to fully start the AI data center transformed from a factory in 2025. Including Datasection, which is engaged in system development and OEM, and Supermicro, USA, the negotiation between the four companies will be concluded. Four companies reached a consensus in June this year to coordinate the establishment of an operating company and the procurement of a graphics processor (GPU) for generative AI learning and inference.

Citigroup's chief financial officer said that investment banking fees may increase by 25% to 30% year-on-year. Income guidance is maintained at the high end of the range of $80 billion to $81 billion.Wang Dong was appointed as Party Secretary and Chairman of Heilongjiang New Industry Investment Group. On December 10th, Heilongjiang New Industry Investment Group Co., Ltd. held a cadre meeting to announce the decision of the provincial party committee on the adjustment of the main leaders of the group: Comrade Wang Dong was appointed as Party Secretary and Chairman of New Industry Investment Group, and Comrade Sun Guangyuan was no longer appointed as Party Secretary and Chairman of New Industry Investment Group.Chief Financial Officer of Citigroup: Facts have proved that the global economy is flexible.