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On May 15, according to the Islamic Republic News Agency of Iran, Araghchi answered reporters questions during a government meeting held in the capital Tehran that day, saying that it was the United States that had hindered Irans development through sanctions, pressure, military and non-military threats over the past 40 years. The United States and its hegemonic policies are the root cause of Irans economic difficulties. The United States is trying to impose a non-independent and submissive regime, which "goes against the dignity of the Iranian people." In response to US President Trumps "maximum pressure" policy, Araghchi said that the United States "ignores all of Israels crimes in the region and tries to portray Iran as a threat," which is pure "deception and threat transfer."On May 15, local time on May 14, Ukrainian President Zelensky said in a routine video speech that evening that he was waiting for Russia to confirm the composition of the delegation to attend the talks in Istanbul, Turkey, and then plan Ukraines actions. "Today we held several meetings with the team on the format of the talks in Turkey. I am waiting for the arrival of Russian personnel, and then I will determine what measures Ukraine should take. We have also heard that US President Trump is considering the possibility of visiting Turkey." He also said that Ukraine is ready for any form of negotiations. In addition, Zelensky said that he listened to the report on the front-line situation from the Commander-in-Chief of the Ukrainian Armed Forces, Sersky, that day. He said that there are currently hundreds of battles every day, and the Ukrainian army continues to take action in Kursk and Belgorod Oblasts in Russia.According to Nikkei: The next generation of encryption technology is expected to emerge in the middle of the next decade.According to Nikkei: Japanese authorities are urging banks to adopt "post-quantum" technology to thwart hackers.U.S. House Speaker Johnson: Negotiations on the State and Local Government Taxation (SALT) bill are ongoing and "productive."

S&P 500 Struggling to Find Direction Ahead of Powell’s Speech on Wednesday

Steven Zhao

Nov 30, 2022 16:12

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Following encouraging developments in China overnight and U.S. housing statistics that revealed a further drop in home values, the major US stock indices are anticipated to open Tuesday with mixed results.


Investors are putting their faith in China's early exit from COVID-related curbs.


Tuesday's early loss in the broad S&P 500 and NASDAQ Indexes was reversed after China reported a drop in new COVID-19 infections for the period ending November 28. According to CNBC calculations using Wind Information data, the nation reported that local illnesses, the majority of which lacked symptoms, totaled 38,421, down from a record high of 40,052 reported on Sunday.


The data showed that on November 19, the daily case count decreased from the day before.


On Monday, there was also no sign of any fresh demonstrations. Students and other groups protested the strict zero-COVID policy in China over the weekend by holding rallies in front of the public.


As a result of this announcement, markets rose overnight on expectations that China might lift its COVID restrictions sooner than expected.