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2024-12-14 05:27:36

The United States will disclose the details of lending to Ukraine with the proceeds from frozen Russian assets. In October this year, the leaders of the Group of Seven reached a consensus on the details of providing Ukraine with a loan of 50 billion US dollars with the proceeds from frozen Russian assets as collateral. As part of the G-7 loan, the United States promised to grant Ukraine a loan of $20 billion. The Ukrainian cabinet recently issued a resolution saying that it has finalized the details of the loan with the US and approved the relevant loan agreement. According to the agreement, the Federal Loan Bank of the United States will provide Ukraine with a loan of US$ 20 billion for 40 years by using the proceeds from Russian frozen assets. The annual interest rate of the loan will be calculated according to the current average interest rate of one-year national debt in the United States, and the loan principal and interest will be repaid with the proceeds from frozen assets in Russia. Accord to a resolution issued by that Ukrainian cabinet a few day ago, the loan will be transferred to a fund specially set up for Ukraine by the world bank in October for Ukrainian use.The STOXX 600 index in Europe fell by 0.5% to 518.58 points.The CEO of Ultramicro Computer said that he believed that the company would not be delisted by Nasdaq.


According to informed sources, Saudi sovereign wealth funds are close to reaching an agreement on investing in PGA Tour Enterprises.The STOXX 600 index in Europe fell by 0.5% to 518.58 points.For the second week in a row, the US Treasury cut the auction scale of 4-cycle and 8-cycle Treasury bills, and the US Treasury cut the bidding scale of benchmark Treasury bills with the shortest term on Tuesday. The U.S. Treasury Department said it plans to issue 80 billion U.S. dollars of 4-term Treasury bonds on Thursday, which is 5 billion dollars less than the previous issuance of treasury bonds of the same maturity. The Ministry also announced that it would issue $75 billion of eight-term Treasury bills on Thursday, which was also reduced by $5 billion. The auction scale of 17-period Treasury bonds to be issued on Wednesday remains unchanged at $64 billion.


WTI crude oil rose more than 1.00% in the day and is now reported at 68.64 USD/barrel.The South Korean court issued a warrant for the arrest of former Defense Minister Jin Longxian. On the evening of December 10, local time, the Central District Court of Seoul, South Korea issued a warrant for the arrest of former Defense Minister Jin Longxian. Jin Longxian became the first person to be formally arrested for an emergency martial law incident. The Central District Court of Seoul said that Jinlong was suspected of destroying evidence and issued an arrest warrant.The European STOXX 600 index initially closed down 0.48% at 518.73 points. The euro zone STOXX 50 index initially closed down 0.67% to 4951.85 points. The FTSE Pan-European Excellent 300 Index initially closed down 0.50% at 2059.80.

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