EUR/USD
1.16200
-0.118%
Gold
4087.06
-2.019%
Oil
59.748
2.053%
USD/JPY
154.527
0.003%
GBP/USD
1.31675
-0.179%
GBP/JPY
203.477
-0.155%
Real-time News
On November 16th, Roscosmos, the Russian state space corporation, announced that Russian cosmonaut Alexei Zubritsky successfully completed a transaction on the Russian "State Service" website aboard the International Space Station using biometric technology. Zubritsky logged into the website from space using biometrics and completed a transaction that prohibited the application for a mobile phone SIM card, a process that took only 30 seconds. After completing this transaction, even if someone possesses Zubritskys identification, they will not be able to apply for a mobile phone SIM card in his name. "State Service" is a government service portal created by the Russian government, where users can apply for drivers licenses, book doctor appointments, pay taxes, and process paperwork online. The website can be accessed using a username and password or facial recognition.On November 16th, it was reported that U.S. federal officials confirmed on the 15th that they had increased enforcement efforts against undocumented immigrants in Charlotte, North Carolina. On the same day, federal law enforcement officers conducted arrests at multiple locations, drawing strong opposition from local government and residents. Assistant Secretary of Homeland Security Tricia McLaughlin stated in a statement that they were deploying additional Homeland Security law enforcement personnel to Charlotte.According to TASS, Russian air defense systems shot down 57 Ukrainian drones last night.On November 16, it was reported that Li Baian, former member of the Party Committee and Vice President of China Merchants Group Limited, is suspected of serious violations of discipline and law and is currently under disciplinary review and supervisory investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission.On November 16th, according to the Finnish newspaper Helsingin Sanomat, European Central Bank (ECB) Governing Council member Rehn stated that the risk of slowing inflation should not be ignored. Low energy prices, a stronger euro, and declining wage and service sector inflation all suggest that overall inflation may be excessively below the ECBs 2% target. When asked if the ECB might cut interest rates again in December, Rehn said, "This risk cannot be underestimated." However, he also cautioned against the potential for rising inflation. Rehn stated that despite the Trump administrations tariff policies disrupting global trade, the Eurozone economy has shown resilience. Rehn also warned that the stock market "clearly faces the risk of a correction," emphasizing the importance of bank capital buffers. Driven by the US artificial intelligence boom, current stock prices appear high relative to the performance of the real economy and corporate profits. This requires caution.
