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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.CEO of Goldman Sachs: The bank expects that the regulatory environment will be more favorable.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.

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.The Israeli military says it has cracked down on 320 strategic targets in Syria since the weekend.For the second week in a row, the US Treasury cut the auction scale of 4-cycle and 8-cycle Treasury bills, and the US Treasury cut the bidding scale of benchmark Treasury bills with the shortest term on Tuesday. The U.S. Treasury Department said it plans to issue 80 billion U.S. dollars of 4-term Treasury bonds on Thursday, which is 5 billion dollars less than the previous issuance of treasury bonds of the same maturity. The Ministry also announced that it would issue $75 billion of eight-term Treasury bills on Thursday, which was also reduced by $5 billion. The auction scale of 17-period Treasury bonds to be issued on Wednesday remains unchanged at $64 billion.

Market information: Ronen Bar, director of Israel National Security Agency, and Herzi Halevi, chief of staff of Israel Defense Forces, visited Cairo today and met with Hassan Rashad, head of Egyptian intelligence department, and senior Egyptian military officials.USDA: In December, the US soybean production in 2024/2025 is expected to be 4.461 billion bushels. According to USDA data, the US soybean production in 2024/2025 is expected to be 4.461 billion bushels in December and 4.461 billion bushels in November. In December, the US soybean ending inventory in 2024/2025 is expected to be 470 million bushels, the market is expected to be 469 million bushels, and it is expected to be 470 million bushels in November. In December, the annual soybean yield in the United States in 2024/2025 is expected to be 51.7 bushels/acre, and it is expected to be 51.7 bushels/acre in November.White House: US National Security Adviser Sullivan will meet with the families of the hostages on Tuesday.