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Canadian Finance Minister: Canada will reduce the debt-to-GDP ratio in the medium term.Huawei signed a comprehensive cooperation agreement with Huazhong Normal University. On December 10th, according to Huawei China official micro-news, Huazhong Normal University and Huawei Technologies Co., Ltd. signed a comprehensive cooperation agreement in Sanya, Dongguan. According to the agreement, the two sides will establish a comprehensive cooperative relationship in ICT talent training, scientific research innovation and smart campus.According to the data of the Federal Reserve Bank of new york, the guaranteed overnight financing rate (SOFR) was 4.63% on the last trading day (December 9), compared with 4.60% on the previous day. The effective federal funds rate on the last trading day was 4.58%, compared with 4.58% the day before.

Market news: Russia resumes passenger railway traffic with North Korea.China Mobile cooperated with Huawei to complete the first commercial deployment of 5G EasyMacro high-precision positioning for subway tunnels in China. On December 10th, according to Huawei's official news in China, in response to the requirements for positioning capability of communication industry in China's 14th Five-Year Plan, China Mobile Design Institute and Shanghai Mobile Company cooperated with Huawei to successfully realize the first commercial deployment of 5G EasyMacro (EM) high-precision positioning solution in Shanghai subway tunnel. As an important network capability in vertical industry, the successful deployment of 5G high-precision positioning in subway tunnel scene marks a major breakthrough in 5G private network positioning technology.Hershey: After Michael Del Bozo leaves, CEO Michelle Barker will temporarily take over the American candy business. A successor will be sought from internal and external candidates.

Israeli Defense Minister: Israel is establishing a non-threat defense zone in southern Syria.Fitch: It is expected that the financial situation of the United States will improve moderately in 2025, due to the cyclical rebound of personal and corporate taxes, higher capital gains and tariffs. In view of the spread, the Canadian dollar will continue to weaken, which may offset some of the impact of the US tariff increase.Institution: Sweden's weak economic data highlights the need to further loosen monetary policy. Torbjorn Isaksson, chief analyst of Nordic United Bank, said that the weak economic data in October highlighted the fragility of Sweden's recovery and needed to further loosen monetary policy to support growth. He said that the decline occurred after the sharp decline in September, indicating that the fourth quarter started very weakly. Isaksson said that household consumption fell by 0.3% in the month, which was disappointing and would be a concern of the Swedish central bank. At the same time, the production of the commercial sector decreased by 0.8% in that month, the production of the construction sector increased, and the manufacturing orders remained basically unchanged. "Overall, the October data is weaker than we expected."