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The Bank of Canada's statement no longer mentions that it is reasonable to expect further interest rate cuts if the economic development is consistent with the forecast. The need for further interest rate cuts will be assessed and a decision will be made one by one.The war-torn people in Syria are in fear, and the sudden escalation of the situation in Syria has plunged the country into a new round of violence. The air strikes in recent days have made the Syrian people nervous and live in fear all day. (CCTV)Saudi Arabia won the right to host the 2034 World Cup, and the FIFA Council confirmed that the 2034 World Cup will be hosted by Saudi Arabia, which is the third time that Asia has hosted the World Cup. At the same time, Saudi Arabia is also the only bidding country for the 2034 World Cup. The Saudi Football Association announced its bid to host the 2034 World Cup on October 9, 2023. By the deadline of November 1, 2023, there was still only one bidding country in Saudi Arabia. This is the first time in nearly 60 years that FIFA has determined the right to host the World Cup without competitors. Saudi Arabia is also the fourth Asian country to host the World Cup after South Korea and Japan in 2002 and Qatar in 2022. This is the second time that the World Cup has entered West Asia.

Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.Russian President Vladimir Putin: External sanctions are pushing Russia to develop artificial intelligence solutions.

The Bank of Canada cut interest rates sharply by 50 basis points, suggesting that the pace of monetary easing may be slowed down. The Bank of Canada cut interest rates sharply for the second time in a row, and suggested that policy makers are prepared to slow down the pace of monetary easing. Central bank officials, led by Tiff Macklem, the governor, cut the benchmark overnight rate by 50 basis points to 3.25% on Wednesday, which is at the high end of the neutral interest rate forecast range. However, they also hinted that after several sharp interest rate cuts, it may return to a slow pace in 2025. The latest statement removed the statement that "the borrowing cost is expected to be further reduced" in previous statements.Navigation warning Military training was conducted in some sea areas of the South China Sea, and the Qinglian Maritime Safety Administration issued a navigation warning. From December 16 to 18, from 18: 00 to 20: 00 every day, military training was conducted in some sea areas of the South China Sea, and entry was prohibited. (Website of China Maritime Safety Administration)Russian Presidential Press Secretary: The telephone conversation between Putin and Trump has not been prepared yet. On December 11th, local time, Russian Presidential Press Secretary peskov said that there is no telephone conversation between Russian President Putin and US President-elect Trump at present, and Russia is waiting for Trump's inauguration ceremony on January 20th next year. Peskov also said that at present, Russia has no plans to hold a summit meeting with Turkish and Iranian leaders on the Syrian situation, Putin's visit to Turkey "has not yet been finalized" and he is not ready to meet with Hungarian Prime Minister Orban. (CCTV News)