dangers of digital currency Reviews

After the emergency martial law storm, South Korea's financial industry suffered successively. After the emergency martial law storm in South Korea, South Korea's financial industry suffered successively, and the stock market fluctuated obviously. This week, it began to rebound slightly. South Korean media pointed out that the uncertainty of South Korea's political situation may put its international reputation under downward pressure. South Korea's Deputy Prime Minister and Minister of Planning and Finance, Choe Sang-mu, held an "emergency macroeconomic and financial symposium" on the 10th to discuss the dynamics of the financial and foreign exchange markets and the countermeasures. According to South Korea's Chosun Ilbo reported on the 9th, after the emergency martial law storm, the total market value of South Korea's stock market evaporated by 58 trillion won within three days, and more than 400 billion US dollars of foreign exchange reserves were also threatened. As the political struggle of "impeaching the president" continues, not only finance, but also retail, alcohol, real estate, semiconductor export and other aspects of the Korean economy have also felt the chill. South Korean media believe that if financial instability and the stagnation of the real economy, the economy may fall into crisis sharply. According to the "Foreign Securities Investment Trends in November" released by the Korea Financial Supervisory Authority on the 10th, foreign investors sold 4.154 trillion won in the Korean securities market last month and sold Korean shares for four consecutive months. South Korea's "Asia Daily" said on the 10th that as South Korea re-entered the presidential impeachment time, the uncertainty intensified, and it is expected that the net selling behavior of foreign investors will continue. Although South Korea's stock market rebounded on the 10th, the uncertainty of the political situation put its international reputation under downward pressure. South Korea's Chosun Ilbo published a commentary on the 10th, saying that Fitch and Moody's, among the world's three major credit rating agencies, have successively warned that if the storm after martial law is prolonged, South Korea's national credit rating may be negatively affected. (CCTV)Russian Defense Ministry: Ukraine used American-made missiles to attack Russian military airports. On the 11th local time, the Russian Defense Ministry reported that Ukrainian armed forces used six American-made army tactical missiles to attack the military airport in Taganrog, Rostov State. The falling of missile fragments caused personal injury, but no other serious losses were caused. Russia will respond to this attack. (CCTV)The US media said that the Biden administration is considering imposing new sanctions on Russian oil trade. Informed sources: The details have yet to be finalized. The Bloomberg website reported on the 10th local time that the Biden administration is considering imposing new sanctions on Russian oil trade before Trump returns to the White House, and the specific details have yet to be finalized. The article said that the Biden administration is weighing new and stricter sanctions against Russia's lucrative oil trade, trying to increase pressure on the Kremlin before Trump returns to the White House. According to an insider who asked not to be named, the details of possible new measures are still being worked out, but Biden's team is considering imposing restrictions on some Russian oil exports. Up to now, the Russian side has not responded. (CCTV)

The "Silk Road Ark" hospital ship carried out three-dimensional medical rescue drills in the South China Sea. Recently, the Navy "Silk Road Ark" hospital ship carried out three-dimensional medical rescue drills in the South China Sea, focusing on joint search and rescue, emergency medical rescue, wartime emergency handling and other subjects for inspection assessment. The assessment team randomly issued hundreds of assessment scenarios to effectively test the emergency response ability of all hospital ship personnel. (CCTV)Hyundai Motor Company: Hyundai Motor Group and Google cooperate in the future mobile innovation software capability.Spanish Foreign Minister: There are several red lines on the Syrian issue that must be put on the table immediately. The future of Syria must be peaceful. Human rights and the rights of ethnic minorities in Syria must be respected. We must act quickly.

Dollar deposits and wealth management are popular again, and experts such as CITIC Mingming have paid attention to exchange risk. Since December, many bank wealth management subsidiaries have intensively put on shelves dollar wealth management products. According to the statistics of Puyi standard data, as of December 9, there were 1,312 surviving products in US dollar financing, and the surviving scale of US dollar financing reached 281.927 billion yuan, which has doubled from the surviving scale of 140.351 billion yuan at the end of December last year. Although banks have previously lowered the interest rate of dollar deposit products, from the current point of view, the interest rate of some banks' dollar deposits remains above 4%, attracting many customers to buy. Judging from the rate of return, the performance benchmark of some US dollar fixed-income wealth management products currently launched is close to 5%, but the performance benchmark of RMB wealth management products with the same risk level is mostly around 2%.Marvell (Meiman Technology Group Co., Ltd.) executives said that the company is producing customized CPU based on ARM for super-large customers.When Trump came to power, ESG investors were disheartened. UBS Wealth Management believed that the concerns were exaggerated. UBS Global Wealth Management Department said that Trump's return to the White House was unlikely to weaken the reasons for ESG investment. Strategists including Amantia Muhedini said in customer reports that although traditional ESG stocks such as solar energy and wind energy were suddenly sold off after Trump won the election on November 5, the long-term demand for continuous investment in areas from renewable infrastructure to electrification will remain strong. "Aside from politics and geopolitics, the economic prospects of renewable energy, electrification and infrastructure are still attractive, and long-term demand is visible ... The fear of Trump's re-election may be exaggerated, and we have seen the value of specific market segments."