Significance of the 10-Year U.S. Treasury Yield Reaching 5%: Impact on Global Financial System, Investments, and Economy

Significance of the 10-Year U.S. Treasury Yield Reaching 5%: Impact on Global Financial System, Investments, and Economy

10-year U.S. Treasury yieldIt reached 5% for the first time since 2007. This matters to everyone, not just Wall Street. U.S. Treasury yields have been rising rapidly,10-Year Treasury Bond YieldIt rose from less than 3.5% in the spring and 0.5% at the beginning of the epidemic to touch 5.02% on Monday (23rd) morning. That jump … Read more

51 New Films Scheduled for Release, Annual Movie Box Office Expected to Surpass 50 Billion Yuan

51 New Films Scheduled for Release, Annual Movie Box Office Expected to Surpass 50 Billion Yuan

The latest data from Beacon shows that as of 5:15 pm on October 22, the movie box office in 2023 has reached 48.75 billion yuan. Many theater chain practitioners told a reporter from Securities Daily that the prime time period after the National Day is basically over, and the big time period is generally a … Read more

IMF President Warns of Global Economic Uncertainty Amid Palestine-Israel Conflict

IMF President Warns of Global Economic Uncertainty Amid Palestine-Israel Conflict

International Monetary Fund (IMF) President Georgieva warned at the 2023 annual meetings of the IMF and World Bank on the 14th that a new round of conflict between Palestine and Israel may increase global economic uncertainty. Georgieva warned that a new round of conflict between Palestine and Israel could become “another source of uncertainty.” She … Read more

Kazakhstan to Build National Artificial Intelligence Platform by 2024

Kazakhstan to Build National Artificial Intelligence Platform by 2024

Kazakh President Tokayev pointed out on the 12th local time that it is very important to continue to strengthen the construction of Kazakhstan’s national digital infrastructure. To this end, Kazakhstan plans to build a national artificial intelligence platform in 2024. According to news from the official website of the Presidential Palace of Kazakhstan on the … Read more

Putin Outlines Four Strategic Directions for Reform in Russia’s Energy Sector

Putin Outlines Four Strategic Directions for Reform in Russia’s Energy Sector

Russian President Vladimir Putin attended the plenary session of the 6th “Russian Energy Week” International Forum in Moscow on the 11th and said that the Russian economy is currently in a stage of structural reform and the energy industry is also undergoing profound changes. He proposed four major strategic directions for reform in the Russian … Read more

Ministry of Water Resources: Third Quarter Water Conservancy Construction Investment Reaches Record High

Ministry of Water Resources: Third Quarter Water Conservancy Construction Investment Reaches Record High

Li Guoying, Minister of the Ministry of Water Resources, presided over a ministry meeting. The meeting pointed out that in the third quarter, all departments, bureaus and directly affiliated units implemented the deployment of the National Water Conservancy Work Conference, and the overall progress of various water conservancy work was in line with expectations. In … Read more

Flight Operations Suspended at Hamburg Airport Due to Attack Threat on Iranian Plane

Flight Operations Suspended at Hamburg Airport Due to Attack Threat on Iranian Plane

At around 12 noon local time on October 9, all flights at Hamburg Airport in Germany stopped taking off and landing because a plane from Tehran, the capital of Iran, received an attack threat. It is reported that the plane with flight number IR723 was originally scheduled to arrive at Hamburg Airport at 11:45. The … Read more

Japanese Prime Minister Fumio Kishida Announces Measures to Support AI Development in Economic Package

Japanese Prime Minister Fumio Kishida Announces Measures to Support AI Development in Economic Package

Japanese Prime Minister Fumio Kishida promised on Monday (October 9) that measures to promote the development of artificial intelligence (AI) will be included in the economic package to be released at the end of this month. The United Nations-sponsored Forum on Internet Public Policy Issues (IGF) opened in Kyoto on Sunday (9th), focusing on artificial … Read more

Claudia Goldin Awarded 2023 Nobel Prize in Economics for Discovering Factors Behind Gender Differences in the Labor Market

Claudia Goldin Awarded 2023 Nobel Prize in Economics for Discovering Factors Behind Gender Differences in the Labor Market

The Royal Swedish Academy of Sciences announced on the 9th that the 2023 Nobel Prize in Economics will be awarded to Claudia Goldin, an economics professor at Harvard University in the United States, for “discovering the key factors behind gender differences in the labor market.” According to reports, this year’s Nobel Prize winner in economics … Read more