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The USDA raised Ukraine's corn production in 2024/25 from the previous 26.2 million tons to 26.5 million tons.UBS Group AG expands its American wealth department.United Nations report: Three quarters of the earth's land is gradually dry due to climate change. The 16th Conference of the Parties to the United Nations Convention to Combat Desertification (COP 16) was held in Riyadh, Saudi Arabia, from December 2 to 13. On the 9th, the United Nations released a report during the meeting, saying that about three-quarters of the world's land has gradually become dry due to climate change. The report found that in the 30 years before 2020, about 77.6% of the world's land became drier than before. At present, except Antarctica, the dry land area accounts for about 40% of the global land area. Between 1990 and 2020 alone, the global dry land area increased by 4.3 million square kilometers.

The United States will disclose the details of lending to Ukraine with the proceeds from frozen Russian assets. In October this year, the leaders of the Group of Seven reached a consensus on the details of providing Ukraine with a loan of 50 billion US dollars with the proceeds from frozen Russian assets as collateral. As part of the G-7 loan, the United States promised to grant Ukraine a loan of $20 billion. The Ukrainian cabinet recently issued a resolution saying that it has finalized the details of the loan with the US and approved the relevant loan agreement. According to the agreement, the Federal Loan Bank of the United States will provide Ukraine with a loan of US$ 20 billion for 40 years by using the proceeds from Russian frozen assets. The annual interest rate of the loan will be calculated according to the current average interest rate of one-year national debt in the United States, and the loan principal and interest will be repaid with the proceeds from frozen assets in Russia. Accord to a resolution issued by that Ukrainian cabinet a few day ago, the loan will be transferred to a fund specially set up for Ukraine by the world bank in October for Ukrainian use.Qatari Foreign Ministry: Prime Minister and Foreign Minister Mohammed received a phone call from US Secretary of State Blinken.Boeing's share price rose by more than 5%, and it is expected to achieve the largest percentage increase since July 2023.

The USDA raised Ukraine's corn production in 2024/25 from the previous 26.2 million tons to 26.5 million tons.Hedge funds are targeting mini-millionaires. Hedge funds are looking for the next batch of money bags in the low-end market, and their eyes are locked on "mini-millionaires". With the traditional customers of hedge funds such as large institutions and super-rich people becoming more and more silent, doctors, lawyers, business owners or anyone with seven or eight-figure assets have become new targets of hedge funds, and this trend has been accelerating.Chief Financial Officer of Citigroup: I feel very good about this year's revenue performance. Citigroup is expected to achieve the high end of the revenue guidance range in 2024, and plans to increase the stock repurchase scale after the bank's capital prospects are further clarified. "It is my top priority to return more of Citi's capital to investors," Mark Mason, chief financial officer of Citigroup, said at a conference organized by Goldman Sachs on Tuesday. "I am well aware of our trading level compared with our peers." Mason also said that the bank expects to reach the high end of the income guidance of $80 billion to $81 billion this year. "So it feels very good," he said. Mason said that spending may also be at the high end of the range. This shows that the bank will realize the forecast of two key indicators at the beginning of the year.