1. The UK government: 2G and 3G mobile networks will be phased out by 2033 to prepare for 5G and eventually 6G services, which will power technologies such as self-driving cars. Four telecom operators, EE, Vodafone, O2 and threat, all agreed to the timetable.
2. Korea Statistics Office: as of December 9, the total population of South Korea in 2021 was 51.75 million (including foreigners living in South Korea), 90, 000 fewer than the 51.84 million in 2020. After the population of South Korea peaked in 2020, there will be a negative growth in the total population since 2021. In South Korea, there has been a phenomenon of death crossing that the number of deaths is greater than that of births in 2020, which is called the “death cross” by the government.
3. Us Centers for Disease Control and Prevention: more than 75% of people infected with novel coronavirus O’Micron mutant in the United States have been vaccinated with COVID-19 vaccine, and 1/3 of those infected have been vaccinated with COVID-19 vaccine. At present, more than 40 people in the United States have been infected with the Omicron mutant. Except for one infected person who was hospitalized with the Omicron mutant, all the infected people showed only mild symptoms such as cough, stuffy nose and fatigue.
4. The Reserve Bank of India continues to maintain a repo rate of 4 per cent and loose monetary policy, a forecast of 9.5 per cent economic growth for the current fiscal year, and 5.3 per cent inflation expectations. Although India’s economy recovered in the first half of the fiscal year, uncertainty over novel coronavirus and the world economy prompted the Reserve Bank of India to maintain loose monetary policy to support the economy.
5. Savills: the average house price in the UK has risen by 13.2% since April 2020. One of the main drivers of the real estate market is the competition for space, with buyers often choosing to stay away from the city center to get more living space. Coupled with the British stamp duty preferential policy to stimulate the demand for housing, and the shortage of housing supply on the market, so that house prices ushered in a big rise. House prices are expected to continue to exceed expectations until the second half of 2022.
6. Multinational analysts said that the role of foreign buyers in promoting local house prices is limited, and the “internal cause” of this round of house price rise is stronger than the “external cause”. Under the epidemic, many countries have imposed varying degrees of “blockade”, and many countries have adopted restrictions on the purchase of houses by foreigners. Even if foreign buyers like to invest in real estate and have plenty of money, they are still too small to drive such a big increase.
7. Leaders of both parties in the United States have reached an agreement to raise the debt ceiling by about $2 trillion. ”the plan to raise the debt ceiling is in the best interest of the United States,” Senate Republican leader Mitch McConnell said of his agreement with Senate Majority Leader Schumer on the operational procedures for raising the debt ceiling. Under the agreement, the Democratic Party can raise the debt ceiling with only party votes. A congressional aide said they planned to raise the debt ceiling by about $2 trillion so that they would not have to think about it until the mid-term elections in November. The House of Representatives and the Senate are expected to vote on raising the debt ceiling on Tuesday and Thursday, respectively.
8. Data show that in 2021, inflation in more than 80 countries and regions reached a five-year high, and this year, the overall global inflation rate will reach 4.3%, a 10-year high. Among them, euro-zone CPI rose 4.9% in November from a year earlier, the biggest increase in 25 years. CPI in the United States rose 6.2% in October from a year earlier, the biggest increase in 31 years. Some analysts believe that in order to stimulate economic recovery, Western countries, represented by the United States, have released liquidity on a large scale, and since March last year, the United States has adopted an ultra-strong fiscal stimulus package and ultra-loose monetary policy. Nicholas Iconomides, professor of economics at the Stern School of Business at New York University: there is no need to do this because it is bound to lead to inflation, but some countries still adhere to expansionary fiscal policies, especially the United States. it’s out of control.
Post time: Dec-10-2021







