The Brazilian central bank raised its benchmark interest rate to 12.25% for the third time this year. On the 11th, local time, the Monetary Policy Committee of the Brazilian central bank announced that it had decided to raise its benchmark interest rate to 12.25%, which is the third time that the Brazilian central bank raised interest rates this year. Brazil's central bank said that the interest rate hike was affected by international uncertainties and Brazil's domestic economic policies, and it is expected that the benchmark interest rate will be raised again in January and March next year. Since August last year, the Brazilian central bank cut interest rates seven times in a row, stopped cutting interest rates in June this year, and then raised the benchmark interest rate three times in a row. After this adjustment, Brazil's benchmark interest rate at the end of 2024 was the same as that at the end of 2023, which was 12.25%. The latest "Focus" bulletin of the Brazilian central bank raised the expected inflation rate to 4.84% in 2024, which is higher than the upper limit of the country's inflation rate management target of 4.5% from 2024 to 2026.Intel executives: We need a better return on investment.The USD/CHF broke through the 0.8900 mark, and the latest price was 0.8901, up 0.67% in the day.
US lawmakers from Texas proposed to establish a strategic bitcoin reserve. It is reported that Giovanni Capriglione, a Republican state legislator from Texas, proposed legislation on Thursday to establish a strategic bitcoin reserve. The bill will allow the state to collect taxes, fees and donations in the form of bitcoins and hold these bitcoins for at least five years. Giovanni described it as a hedge against inflation. This proposal does not elaborate on the plan to buy Bitcoin directly. Texas is the region with the largest concentration of bitcoin miners in the United States. The legislation aims to encourage miners to use digital assets to pay taxes.Intel executives: I hope to cut $1 billion from "other sales costs".Germany's natural gas power generation reached its highest level since December 2022.
Fitch: The prospect of global shipping industry in 2025 is stable.According to informed sources, Switzerland and the European Union reached a compromise on the issue of immigration. The "Swiss Agreement" includes a new version of the immigration protection clause.Shell Ocean Company: It is estimated that in 2026, two wells of PERDIDO SPAR operated by Shell in the Gulf of Mexico will be put into production for the first time.