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Israel used drones to attack the town of Shyam, a major town in southern Lebanon. On the 12th, local time, the reporter of the General Station learned that Israel used drones to launch an attack in the town of Shyam, a major town in southern Lebanon. Preliminary reports show that some people were injured in the incident. (CCTV News)Market news: STARBOARD VALUE shares in bitcoin mining company RIOT.Ceng Gang, Shanghai Finance and Development Laboratory: Judging from the economic situation and policy space, it is still possible to lower the RRR and cut interest rates in the future. The Central Economic Work Conference proposed to implement a moderately loose monetary policy. In this regard, Ceng Gang, chief expert and director of Shanghai Finance and Development Laboratory, said that the tone of "moderately loose" monetary policy is in the same strain as that of Politburo meeting of the Chinese Communist Party. China's monetary policy has been adjusted from "steady" to "moderately loose", aiming at boosting economic growth and alleviating downward pressure through a more active monetary policy, while providing support for key areas and structural adjustment. In response to the expression of "timely RRR cuts and interest rate cuts", Ceng Gang believes that from the current economic situation and policy space, it is still possible to implement RRR cuts in the future, especially in targeted cuts to required reserve ratios, to release long-term liquidity; The possibility of interest rate cuts is also greater, and it is expected that a one-time large-scale interest rate cut will be implemented at the end of this year or early next year. (SSE)

Market news: STARBOARD VALUE shares in bitcoin mining company RIOT.WTI crude oil futures fell below $70/barrel, down 0.43% in the day; Brent crude oil fell 0.43% in the day to $73.05/barrel.Spot gold fell 1% to $2,690.81. COMEX silver futures fell 1.5% in the day to $32.47 per ounce.

European Central Bank President Lagarde: The proposal to cut interest rates by 25 basis points has been agreed by everyone. European Central Bank President Lagarde said that the proposal to cut interest rates by 25 basis points has been agreed by everyone, and inflation is expected to reach 2% in the medium term. There are some discussions about cutting interest rates by 50 basis points, but it is generally believed that a 25 basis point cut is the right move. The wage level will reach a level consistent with the inflation target of 2%.Market news: the agency said that the number of people applying for unemployment benefits in the United States jumped to the highest level in two months, but it was still at a low level.Central Economic Work Conference: In view of the bottleneck of industrial transformation and upgrading, the Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting proposed that we should unswervingly deepen reform and open wider to the outside world in view of the deep-seated obstacles and external challenges that restrict development; In view of the bottleneck restriction of industrial transformation and upgrading, promote the smooth continuous transformation of old and new kinetic energy; Strengthen policy support and optimize supervision services in response to concerns and demands in business operations; In view of the hidden risks in key areas, we will continue to vigorously promote risk disposal. We must vigorously improve the efficiency of implementation, fully mobilize the enthusiasm, initiative and creativity of grassroots units, continuously optimize the business environment, and better unite the joint efforts to promote high-quality development. (Xinhua News Agency)