2. The US quarterly CPI rose 7 per cent in December from a year earlier, the highest level since June 1982, and is expected to be 7 per cent, compared with a previous value of 6.8 per cent. Us CPI rose 0.5 per cent month-on-month in December and is expected to be 0.4 per cent, compared with a previous value of 0.8 per cent.
3. World wide Web: the European Commission recently decided not to approve Hyundai heavy Industries of Korea to acquire Daewoo Shipbuilding and Ocean Engineering Co., Ltd. The reason is that the merger of the two shipbuilding giants will control the production of the world’s large liquefied natural gas ships, seriously undermining market competition.
4. Joachim Nagel officially became president of the Bundesbank on January 11, local time. Analysts believe that Nagel will continue the line of his predecessor, Weidman, and advocate tighter monetary policy and higher interest rates.
5. According to the latest Global Economic Outlook report released by the World Bank on the 11th, the global economy is expected to grow by 5.5% in 2021 and 4.1% in 2022, both 0.2 percentage points lower than the previous forecast. At the same time, the World Bank expects China’s economy to grow by 8% in 2021 and 5.1% in 2022.
6. Apple: since the launch of App Store in 2008, developers have earned more than $260 billion by selling digital products and services. According to the agency, Apple is developing a meta-universe headset with computing power ahead of its competitors for about 2MUR 3 years.
7. World Health Organization: more than 7 million newly confirmed cases of COVID-19 have been reported in Europe in the first week of 2022, more than doubling in two weeks. It is estimated that in the next six to eight weeks, more than half of the European population will be infected with the COVID-19 mutant virus Omicron strain.
8. The world’s first pig heart transplant was performed in the United States. A genetically edited pig heart was transplanted into a male patient who is now in good condition three days after the operation. As another cutting-edge technology in the treatment of heart failure, will the artificial heart be affected?
9. OECD: in November 2021, regional inflation in member countries reached 5.8 per cent, up from 1.2 per cent in the same period last year and the highest since May 1996. Of these, the inflation rate in the United States was 6.8 per cent, the highest since June 1982, and the inflation rate in the euro zone was 4.9 per cent, lower than the overall level of the OECD member regions.
10. World Health Organization (WHO): with the spread of Omicron strain, the prevalence of Delta strain began to decline, and there has been community transmission of Omicron strain in many countries. Of the nearly 360000 virus gene sequence samples collected in the past 30 days, 58.5% were Omicron strains, while the proportion of Delta strains dropped to 41.4%. Omicron strain has a significant transmission advantage, and is rapidly replacing other strains to become the main epidemic strain.
11. Fed Bostick: because of high inflation and a strong economic recovery, the Fed will need to raise interest rates at least three times this year, starting as soon as March, and there is also a need to quickly reduce its asset holdings in order to pull out too much cash from the financial system. Instead of thinking that a new outbreak will be a drag on the recovery, it is more likely to exacerbate inflation, making it necessary to raise interest rates by 25 basis points for the fourth time in 2022, rather than slowing down and giving the Fed breathing space.
12. Philadelphia Fed Chairman Huck said in an interview that if U.S. inflation continues to soar, he will support raising interest rates more than three times this year. ”I currently think there will be three interest rate hikes this year, and I am very open to raising interest rates from March this year,” Huck said. If necessary, I am willing to accept more interest rate increases. “ Yesterday, the US Bureau of Labor Statistics reported that the consumer price index (CPI) rose 7 per cent year-on-year in December for the first time since 1982. In response, Huck says the indicator is very bad.
13. A research team composed of Mitsubishi University of Japan, University of Tokyo and Institute of Science and Chemistry successfully developed a nasal spray vaccine with high protective effect against novel coronavirus, and published the relevant research results in the American scientific journal iScience. The team genetically modified human parainfluenza virus type 2 (hPIV2), which causes colds, to prevent it from proliferating in the body, and then used it as a vector for foreign genes, thus developing the COVID-19 vaccine using a virus-enveloped non-proliferative virus vector for the first time. The research team plans to start a clinical trial of COVID-19 ‘s nasal spray vaccine in about a year and put it into practice in about two years.
Post time: Jan-14-2022