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Suresh Gopi, Minister of Primary Oil of India, sent a letter to Parliament: It is estimated that India's refining capacity will increase by 309.5 million tons by 2028. One goal of the government is to achieve 20% ethanol in gasoline supply by 2025 and 5% biofuel in diesel supply by 2030.Pimco tends to reduce its holdings of longer-term US Treasury bonds. The main reason is the rising deficit. Marc Seidner and Pramol Dhawan, managing directors of Pimco, wrote in a report on Monday that they have been "reducing the allocation of longer-term bonds" and prefer short-term US Treasury bonds. As the size of US Treasury bonds soared from $17 trillion before the outbreak to nearly $29 trillion, the concern about the increase in the yield of long-term treasury bonds caused by the increase in US debt has become a flash point in the market. What investors are most worried about is the recurrence of the phenomenon of "bond self-defense forces" in the 1980s and early 1990s, that is, some bondholders aggressively sold US Treasury bonds because of the huge government financial expenditure. Seidner and Dhawan wrote, "It is difficult to predict the sudden reaction of the market to long-term trends. No organized self-defense force is prepared to take action on a specific debt threshold, and changes in investor behavior usually occur over time. " Pimco said that in view of the sustainability of US debt and the impact of potential inflation catalysts on the labor force, the institution hesitated to buy long-term debt.WTO: The global trade in goods grew moderately in the fourth quarter of 2024. On December 9, local time, the latest issue of "Barometer of Trade in Goods" released by WTO showed that the prosperity index of global trade in goods was 102.7, which was higher than the benchmark of 100. According to the analysis of WTO, global trade in goods continued to grow moderately in the fourth quarter of 2024, but the trade prospect in 2025 is still uncertain and may be affected by potential trade policy changes. (CCTV)

Syrian Foreign Minister: Assad has been proposed to start the political process in Syria. Syrian Foreign Minister Bassam al-Sabbag said on the evening of 9th local time that he had proposed to Assad to start the political process in Syria, but Assad did not comment on this. (CCTV)Market information: US President Biden and King Abdullah of Jordan talked about the situation in Syria after the fall of the Assad regime.The Permanent Representative of Switzerland to Geneva was elected as the new President of the UN Human Rights Council. On December 9, local time, the UN Human Rights Council announced that Jürg Lauber, the Permanent Representative of Switzerland to the United Nations in Geneva, would take over the post of President of the UN Human Rights Council for one year from January 2025. (CCTV)

The Syrian Prime Minister said that he had agreed to transfer power to the Syrian opposition. On the 9th local time, Syrian Prime Minister Jalali said that he had agreed to transfer power to the "Syrian Salvation Government" established by the Syrian opposition in Idlib. Syrian opposition leader Abu Mohammad Giulani (whose real name is Ahmed Shala) had previously met with Syrian Prime Minister Jalali and leader of the Syrian National Salvation Government Mohamed Al-Bashir. The purpose of this meeting is to coordinate the transfer of power and ensure the continued provision of services to the Syrian people. (CCTV)The US Treasury auctioned three-month treasury bonds, and the winning interest rate was 4.300% (4.400% reported on December 2), and the bid multiple was 2.89 (2.89 in the previous time). Auction of six-month treasury bonds, the winning interest rate is 4.200% (reported on December 2, 4.305%), and the bid multiple is 2.90 (the previous one was 3.02).New york CEO was killed in the street or made progress. A Pennsylvania man with a similar gun was questioned by the police. According to a person familiar with the matter, a man near Altoona, Pennsylvania, was being questioned by the local police for the shooting of Brian Thompson, an executive of UnitedHealth Group Inc in downtown new york. According to people familiar with the matter, the man was found to be carrying multiple false identities and a gun with a silencer similar to that used in the new york shooting. New york City Police Department agents are on their way to Pennsylvania to assist the local police in their investigation. The news program of National Broadcasting Corporation (NBC) first reported this progress. Thompson, who was 50 years old, died after being shot in the back and legs outside the Hilton Hotel in downtown new york on Wednesday morning. Police said it was a targeted murder. The victim's largest medical insurance company in the United States was holding an investor day at the hotel, and Thompson was scheduled to give a speech that morning. Investigators said that the gunman fled the scene by electric bicycle after committing the crime, and then called a taxi on the Upper West Side of Manhattan. Police said the suspect asked the driver to take him to the bus stop in Washington Heights, where he boarded a long-distance bus out of the city.