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The German Ministry of Economic Affairs announced that the German government has lowered its 2027 GDP growth forecast to 1.3% from 1.4%, and expects the economy to grow by 1.0% in 2026, down from the previous forecast of 1.3%.Freeport-McGen is considering rescheduling its freight schedules as heating demand surges.On January 28th, the 2026 National Conference on Population and Family Development was held in Beijing. Guo Yanhong, member of the Party Leadership Group and Vice Minister of the National Health Commission, attended and addressed the meeting. The meeting noted that in 2025, the National Health Commission, together with relevant departments, implemented the "Several Measures on Accelerating the Improvement of the Fertility Support Policy System and Building a Fertility-Friendly Society," fully implemented the childcare subsidy system, successfully completed the "14th Five-Year Plan" childcare service goals, continuously improved maternal and child health services, and promoted the implementation of fertility support policies. The meeting emphasized that in 2026, it is necessary to fully implement the decisions and deployments of the Party Central Committee and the requirements of the National Health Work Conference, continuously optimize fertility support policies and incentive measures, advocate positive views on marriage and childbearing, continue to implement the childcare subsidy system, vigorously develop inclusive childcare and integrated childcare services, and promote high-quality population development.On January 28th, the Baimajing "Photovoltaic-Storage-Charging" supercharging station in Danzhou, Hainan, officially commenced operation. With a total installed capacity of 8,000 kilowatts, it is currently the largest new energy heavy-duty truck charging station in Hainan Province. According to reports, this supercharging station was jointly invested in by China Southern Power Grid Hainan Electric Vehicle Company and Hainan Susutong Supply Chain Co., Ltd., with an investment of 12 million yuan. It has 40 high-power charging terminals, capable of simultaneously providing full-power charging services for 20 heavy-duty trucks (heavy-duty trucks use two charging terminals at a time to improve charging efficiency). It can serve over 200 vehicles per day, meeting the rapid energy replenishment needs of various new energy vehicle models, including new energy heavy-duty trucks and ordinary passenger cars. The supercharging station adopts integrated "photovoltaic-storage-charging" technology, combining photovoltaic power generation, intelligent energy storage, and high-power supercharging technology, and is expected to contribute to a reduction of approximately 200,000 kilograms of carbon dioxide emissions annually.On January 28, local time, French President Emmanuel Macron met with visiting Danish Prime Minister Mette Frederiksen and Greenlandic Prime Minister Jens-Frederik Nilsson at the Élysée Palace, followed by a joint press conference. Macron stated that the situation in Greenland serves as a strategic wake-up call for the whole of Europe, urging high vigilance in the Arctic region and emphasizing the need to strengthen the defense posture. Macron mentioned that this strategic wake-up call should be reflected in several aspects, including upholding "European sovereignty," strengthening contributions to Arctic security, combating foreign interference and disinformation, and addressing climate change. Macron also reiterated Frances solidarity and support for Denmark and Greenland, stating that France firmly upholds their sovereignty and territorial integrity.

New FTX chief says bankrupt crypto exchange could restart

Skylar Shaw

Jan 20, 2023 11:43

According to Chief Executive Officer John Ray, the bankrupt cryptocurrency exchange FTX is considering ways to resurrect its operations. He made the announcement to the Wall Street Journal on Thursday.


According to Ray, who took over the company's leadership in November, a task group has been established to look at reviving FTX.com, the organization's primary international exchange.


The CEO also said in an interview with the Journal that he would research if resurrecting FTX's international exchange would generate more value for the company's clients than his team could get by simply selling the platform or liquidating its assets.


Following the news, FTT, the native token of FTX, increased by around 30%.


I'm relieved Mr. Ray is now only pledging to restart the exchange after months of blocking such attempts! Sam Bankman-Fried, the founder and former CEO of FTX, said in a tweet.


Bankman-Fried said, "I'm still waiting for him to eventually acknowledge FTX US is solvent and return clients' money.


An inquiry for comment from Reuters was not immediately answered by an attorney representing FTX.


Bankman-Fried is accused of robbing the exchange's users of billions of dollars to settle debts accrued by his cryptocurrency-focused hedge fund, Alameda Research. He's denied the allegations of fraud.


Customer money' future, however, is still unknown. In a note to creditors earlier this week, FTX said that since declaring bankruptcy in November, hackers had stolen nearly $415 million in cryptocurrency from its worldwide and American exchanges.