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Do you know the recent situation of stocks and securities? Do you know what the leaders of various countries are doing? Do you know the impact of the epidemic on the global economy? Kind check CFM’s news today .

1. The Food and Agriculture Organization of the United Nations: the world wastes 1.3 billion tons of food every year, which is equivalent to about 1/3 of the total food produced by human beings in the whole year. The most wasted foods include fruits and vegetables, grains, meat, dairy products and so on.

2. On August 28, Japanese Prime Minister Shinzo Abe announced his formal resignation as Prime Minister of Japan. Referring to the reasons for his resignation, Mr Abe said he was “unable to make a correct political judgment because of illness”. As of Aug. 24, Abe has been prime minister for 2799 days in a row, surpassing the continuous tenure of his great-uncle Eisuke Sato and setting a new record.

3. WSJ: the New Zealand Stock Exchange suspended trading for the fourth day in a row on Friday due to several cyber attacks, and the website of NZX, the operator of the exchange, has been shut down. According to reports, NZX said in a statement that it was experiencing connectivity problems, which appeared to be similar to the troubles caused by this week’s severe distributed denial of service attack from abroad.

4. From Tuesday, September 1, the ECB, together with the Bank of England, the Bank of Japan and the Swiss Central Bank, will reduce the supply of seven-day dollar credit from three times a week to once a week. This is the second time this year that four central banks have reduced the frequency of dollar liquidity operations. It shows that this emergency measure introduced at the height of the epidemic to avoid the emergency of US dollar liquidity is no longer necessary, the global financial environment is gradually improving, and the problem of tight US dollar liquidity has been alleviated.

5. Recently, the G7 countries– the United States, Britain, France, Germany, Italy, Canada and Japan– have released second-quarter economic data one after another, and the GDP of the seven countries has suffered a historic decline. Us GDP fell at an annualised rate of 31.7 per cent, the biggest quarterly decline on record, while UK GDP shrank 20.4 per cent month-on-month, the worst since 1955. Some analysts pointed out that due to the rebound of the epidemic in some countries, the prospects for economic recovery in the seven countries are still not optimistic. People in some countries lack confidence in the government’s ability to fight the epidemic.

6. Indian Prime Minister Narendra Modi: India is pursuing a policy of “self-sufficiency”, which is also an important opportunity for India to develop its toy industry and gaming industry. India has a small share of the global toy and game industry of nearly 7 trillion rupees (657 billion yuan), and India has the ability to become one of the important bases for the world’s toy and game manufacturing industry.

7. The three major indexes of US stocks closed mixed. The S & P closed down 7.70, or 0.22%, at 3500.31, the Nasdaq closed up 79.83, or 0.68%, at 11775.46, and the Dow closed down 223.82, or 0.78%, at 28430.05.

8. Germany’s DAX index closed down 87.82 points, or 0.67%, at 12945.38, while France’s CAC40 index closed down 55.72 points, or 1.11%, at 4947.22.

9. WTI crude oil futures for October closed down 36 cents, or 0.84 percent, at 42.61 U.S. dollars per barrel, while Brent crude oil futures for November closed down 53 cents, or 1.16 percent, at 45.28 U.S. dollars per barrel.


Post time: Sep-01-2020

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