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Do you know the situation of various industries around the world affected by the epidemic of COVID-19? Kind check CFM’s news today.

1. [World Gold Council] Global gold ETF holdings increased to 20.3 tons in October, the 11th consecutive month of net inflows, mainly from funds from the European region. In addition, the global gold ETF position from January to October was 1022 tons, and the total size of global gold ETF reached 3899 tons, a record high.

2. Russian military Industry Commission Ivanov: the Russian Aerospace State Group has applied to the government for 1.5 trillion roubles (more than the total amount approved by Russia’s 10-year federal space program for the period 2016-2025) to establish a “sphere” multi-function satellite system, in response to Elon Musk’s US “Star chain” satellite system and the Anglo-Indian “one net” satellite system.

3. British Defense Chief of staff Nick Carter: robots will soon account for a large proportion of the army and are expected to account for 1/4 of the army in the near future. For example, unmanned vehicles controlled by artificial intelligence assist in logistics and transportation tasks. Drones are also getting a lot of attention.

4. Special Envoy World Health Organization (WHO) COVID-19: only one COVID-19 vaccine is not enough. Pfizer’s vaccine report is good news. COVID-19 vaccine will not be widely available until 2021. It is also reported that Pfizer plans to submit emergency use licenses to the FDA in the third week of November and expects to produce 50 million doses of vaccine by 2020 and as many as 1.3 billion doses by 2021.

5.South Korea: affected by the COVID-19 epidemic, 27.088 million people were employed in October, a decrease of 421000 compared with the same period last year. The unemployment rate was 3.7%, up 0.7 percentage points from a year earlier, the highest level since October 2000. 

6.Techweb: Apple is testing a foldable display, which is expected to be released around November 2022. It is not clear which display technology Apple will use on the collapsible iPhone, but if all goes according to plan, it could take about three to four years to switch to micrOLED. It has been revealed that folding iPhone starts at $1499. 

7.[Wall Street Journal] Lyft, a San Francisco-based ride-hailing company, saw an improvement in the number of active passengers and revenue in the third quarter compared with the previous quarter as some cities relaxed blockades related to the COVID-19 epidemic. However, affected by the epidemic, its business is still down sharply from the same period last year. Lyft reported on Tuesday that Lyft had 12.5 million active passengers in the three months ended Sept. 30. By comparison, it was 22.3 million in the same period last year and 8.7 million in the second quarter of 2020.

8.International Olympic Committee (IOC) President Bach will visit Tokyo, Japan from the 15th to 18th. Bach made it clear that the visit will not discuss the topic of canceling the Tokyo Olympic Games.

9.According to the Namibian “New Times” reported on the 11th, due to a shortage of passengers, the flight between Cape Town and Yorkshire will be suspended for at least four weeks from November 16.

10.According to Indian media reports, India will soon announce a new round of economic stimulus measures totaling 20 billion US dollars. India implemented economic stimulus measures totaling 20.97 trillion rupees in May and a second round of fiscal stimulus in October, totaling less than 500 billion rupees.

11.”suspense State” vote count ended, Biden officially won Arizona. The state has now completed the vote count, and Biden finally supported leading Trump by 0.34% points. According to Fox News statistics, Biden has so far won 290 electoral votes.


Post time: Nov-13-2020

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