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Real-time News
On November 15th, the Russian Ministry of Defense stated that on the 14th local time, Russian forces continued their operations against besieged Ukrainian troops in the Krasnoyarsk region. Russian forces successfully repelled seven Ukrainian attempts to relieve besieged troops from the northwest of Krasnoyarsk, and also completed the clearing of Ukrainian personnel from the Rog settlement east of Krasnoyarsk. Furthermore, Russian forces continued their aggressive advance in the Dimitrov (Mirnokhlad) region adjacent to Krasnoyarsk, expanding their control. On the same day, the General Staff of the Ukrainian Armed Forces stated that Russian forces launched 64 attacks in multiple locations in the Pokrovsk direction, repelling 41 of them, with the remaining battles ongoing.On November 15th, Denmark, holding the rotating presidency of the European Union, announced on social media that it had completed the delivery of weapons and military equipment worth nearly €830 million to Ukraine. The funds came from "unexpected proceeds" generated by the EU using frozen Russian assets. This marks the second time the EU has used "unexpected proceeds" to provide military support to Ukraine. The equipment will reportedly be used to strengthen the combat capabilities of the Ukrainian armed forces. Denmark stated that the delivery is complete and that it will continue to support Ukraine alongside its EU partners.On November 15th, the State Administration for Market Regulation (SAMR) drafted the "Guidelines for Anti-Monopoly Compliance of Internet Platforms (Draft for Public Comment)," which was released for public comment. To help platform operators better identify anti-monopoly compliance risks and enhance the readability and vividness of the provisions, the "Guidelines," drawing on anti-monopoly regulatory enforcement experience, lists eight risks for platform operators using examples: algorithmic collusion between platforms, organizing and assisting platform operators in reaching monopoly agreements, unfair pricing by platforms, selling below cost by platforms, account blocking, "choose one of two" practices, "lowest price across the entire network," and platform discrimination. These eight risk examples provide clear indications of monopoly risks in specific scenarios for internet platforms, covering various platform operations such as data transmission, algorithm application, service pricing, search ranking, recommendation display, traffic allocation, and subsidies. Platform operators are encouraged to proactively conduct risk assessments and self-checks based on the risk examples listed in the "Guidelines" to avoid the anti-monopoly compliance risks mentioned in the examples. However, determining whether an act constitutes a monopolistic act prohibited by the Anti-Monopoly Law requires investigation, evidence collection, analysis, and argumentation based on the Anti-Monopoly Law and related regulations before a conclusion can be reached.The Dow Jones Industrial Average closed down 309.74 points, or 0.65%, at 47,147.48 on Friday, November 14; the S&P 500 closed down 3.38 points, or 0.05%, at 6,734.11; and the Nasdaq Composite closed up 30.23 points, or 0.13%, at 22,900.59.Federal Reserve Governor Milan: A December rate cut is very appropriate. Recent data strengthens the case for a rate cut.
