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The US investment bank explained the downward adjustment of India's economic growth forecast: Based on the short-term economic slowdown and influenced by multiple internal and external factors, according to the Indian media "QRIUS", Uppsala Chachar, chief Indian economist of Morgan Stanley, the US investment bank, predicted that India's GDP growth in fiscal year 2025-2026 would be 6.5%. According to India's Economic Times, at the beginning of this month, Morgan Stanley has lowered India's GDP growth forecast for fiscal year 2024-2025 from the previous 6.7% to 6.3%.Robot concept stocks fell at the opening, Hanwang Technology fell, Hanwang Technology and Shandong Mining Machine fell, and Sanfeng Intelligent, Tuosida, Hanwei Technology, Shuanglin, Weichuang Electric, Fengli Intelligent and Wuzhou Xinchun fell more than 5%.In early trading, most of the main contracts of domestic futures fell. Palm oil fell more than 2%, alumina, Shanghai nickel, coking coal, glass, iron ore, soda ash and lithium carbonate fell more than 1%, and No.20 glue, methanol and stainless steel (SS) fell nearly 1%. In terms of increase, the Shanghai-Tianjin and Container Lines Europe rose by over 1%, while vegetable oil and fuel oil rose by nearly 1%.

Argentine President Millay: It is planned to cancel capital controls next year. Argentine President Millay said in a televised speech on December 10 local time that Argentina plans to cancel capital controls next year. Millay said that Argentina's economic team is preparing for structural tax reform, which will abolish 90% of the tax revenue, and the Argentine government will continue to ban institutions, secretariats, deputy secretariats, public companies and every state institution that should not exist in the new year. Demián Reidel, economic adviser to Milai, will announce Argentina's nuclear energy plan in the next few days.The dollar just hit the 7.2500 yuan mark against the offshore RMB, falling by 0.09% in the day; The US dollar against the onshore RMB was recently reported at 7.2465 yuan, down 0.04% in the day.Byte transmission improves the priority of clipping and dreaming business, and the official has not responded for the time being. Byte management judges that AI dialogue products (or chatbot products) may only be the "intermediate state" of AI products, and a more ideal product form for a long time requires a more visual user experience and a lower threshold for users to use. Therefore, Byte has promoted the product priority of Dreaming, and tried to create a "Tik Tok" in the AI ​ ​ era with a new path. The media asked Byte for verification on this news, and the official has not responded yet. (Sina Technology)

Shares of 9 listed companies were reduced by important shareholders. Company No.9 -WD has the highest reduction amount. Based on the change deadline, on December 10th, 3 shares were increased by important shareholders, and Jintou City gained an increase of 6,019,200 shares by important shareholders, with an increase amount of 16,624,800 yuan. The shares of nine listed companies were reduced by important shareholders, and the ninth company -WD was reduced by 5,051,600 shares by important shareholders, with a reduction amount of 238 million yuan.Biden's last speech on the economy warned Trump that "trickle-down economics" was making a comeback. US President Biden publicized his economic achievements in a speech at the Brookings Institution in Washington on Tuesday, and warned Trump to repeat the Republican "trickle-down economics" during his second term. This may be his last speech on the economy during his tenure. Biden said in his speech that he promoted investment in infrastructure, manufacturing and neglected communities, avoided a bigger economic crisis and laid the foundation for sustained economic growth. "The new government will take over a fairly strong economy, and most economists agree with this view," Biden said. "I deeply hope that the new government can maintain and carry forward such progress. Biden proudly said that after decades of trickle-down economics, which gave priority to the wealthy Americans, his government adopted a new approach. At present, the economy is growing from the inside out and from the bottom up, benefiting the middle class. He admitted that American workers still suffer from inflation and high housing prices. Biden stressed that during his tenure, he created 16 million jobs, the highest in a single presidency, the lowest average unemployment rate in all previous governments in the past 50 years, and the smallest racial gap between the rich and the poor in the past 20 years. Biden warned Trump to provide more tax cuts for the rich and enterprises during his second term, and said that Trump's commitment to impose tariffs on overseas goods may make a "big mistake". He also said that he thought Trump would be in trouble if he stopped the investments he made during his administration, because these investments benefited many Republican and Democratic-led states.Argentine President Millay: It is planned to cancel capital controls next year. Argentine President Millay said in a televised speech on December 10 local time that Argentina plans to cancel capital controls next year. Millay said that Argentina's economic team is preparing to carry out structural tax reform, which will abolish 90% of taxes, and the Argentine government will ban more institutions and listed companies in the new year. Demián Reidel, economic adviser to Milai, will announce Argentina's nuclear energy plan in the next few days.