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ECB Governing Council member Machrouf: We need to address inflation in advance.June 12th Futures News: On June 12th, the Shanghai Futures Exchanges energy and chemical warehouse receipts and changes are as follows: 1. Pulp futures warehouse receipts: 236,681 tons, an increase of 872 tons compared to the previous trading day; 2. Pulp futures mill warehouse receipts: 20,000 tons, unchanged compared to the previous trading day; 3. Offset paper futures warehouse receipts: 1,557 tons, an increase of 600 tons compared to the previous trading day; 4. Offset paper futures mill warehouse receipts: 6,640 tons, unchanged compared to the previous trading day; 5. Fuel oil futures warehouse receipts: 3,116 tons. 6. Petroleum asphalt futures warehouse receipts: 21,120 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 95,070 tons, a decrease of 1,150 tons from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 2,961,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 0 tons, unchanged from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.ECB Governing Council member Koch said that raising interest rates will help stabilize the situation, and inflation should not be expected to reach the levels of 2022 and 2023. The key is that price shocks will not lead to a market deadlock. The ECB will take decisive measures to ensure that the medium-term inflation rate falls to 2%.The German DAX 30 index opened 372.79 points higher, or 1.54%, at 24,582.68 on Friday, June 12; the UK FTSE 100 index opened 71.37 points higher, or 0.69%, at 10,375.25; and the French CAC 40 index opened 110.87 points higher, or 1.35%, at 8,311.67. The Stoxx 50 index opened 89.39 points higher, or 1.48%, at 6146.35 on Friday, June 12; the Spanish IBEX 35 index opened 307.60 points higher, or 1.68%, at 18597.70 on Friday, June 12; and the Italian FTSE MIB index opened 638.76 points higher, or 1.26%, at 51143.50 on Friday, June 12.According to Futures News on June 12, as of 15:00 Beijing time, spot platinum rose 0.53% and spot palladium rose 2.05%.

Elon Musk Modifies Twitter's Voting Policy Following His Resignation

Charlie Brooks

Dec 20, 2022 11:19

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Elon Musk announced on Tuesday that only Twitter Blue subscribers will be entitled to vote on future platform policy issues, just after an overwhelming majority of users voted for his removal as CEO.


Musk agreed with a tweet recommending he implement such a vote mechanism and stated, "Twitter will make this adjustment."


The action comes only one day after roughly 58% of 17.5 million users voted "Yes" to Musk's poll on whether he should resign as the social media platform's leader. Musk stated that he will "abide" by the poll's results.


The chief executive officer of Tesla Inc (NASDAQ:TSLA), which acquired Twitter earlier this year, has stated that all significant policy decisions for the social media site will be determined by public vote. The prospective restriction of voting in these polls to only verified users will undoubtedly lower participation.


It also provides a greater incentive to subscribe to Twitter's recently reopened verification program, following a catastrophic deployment in November that led to an increase in impersonators and false accounts on the social media network.


The Twitter Blue subscription service provides users with a blue check on their profile and a number of additional capabilities, such as the ability to edit tweets. Blue users' Block and Mute acts will be incorporated into the platform as downvotes.


Musk's purchase of Twitter sparked further controversy after the site terminated the accounts of numerous notable journalists who were believed to be critical of the Tesla CEO. The website had also suspended accounts that tracked the real-time positions of public personalities, most notably an account that followed Musk's private jet.


Twitter reinstated the journalist accounts following widespread reaction to their removal. The site also reinstated the accounts that tracked Musk's real-time movements after a series of surveys conducted by Musk revealed overwhelming user support for their reinstatement.


Allegations that the Tesla CEO is neglecting his duties at the electric vehicle manufacturer have infuriated shareholders. Musk was also criticized for selling nearly $3 billion in Tesla shares last week, despite repeated pledges that he would not do so.