The European Bank for Reconstruction and Development has provided Ukraine with over 5.4 billion euros in financing. The European Bank for Reconstruction and Development issued a statement saying that it will provide Ukraine with 267 million euros in funds for emergency repair of Ukraine's highways leading to the border between Hungary and Slovakia. It is reported that since the conflict between Russia and Ukraine, the European Bank for Reconstruction and Development has provided Ukraine with more than 5.4 billion euros in financing.The pharmacy chain WBA rose to 4%. It is reported that Sycamore Partners LP is arranging a debt financing plan for the acquisition of WBA. Sycamore has contacted lenders such as Bank of America and JPMorgan Chase.Brazil's central bank will provide at least $1 billion in spot dollar auctions. The decline of the Brazilian real against the US dollar narrowed.
U.S. stocks continued to fall, with the Dow Jones index dropping 104.99 points, or 0.24%. The Nasdaq Composite Index recently fell 59.41 points, or 0.3%. The S&P 500 index recently fell 13.86 points, or 0.23%.Polish central bank governor: I think there is no reason to change interest rates.Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.
Russia is negotiating with the new Syrian authorities to maintain its two military bases in Syria.Market News: Belarusian President Lukashenko approved the budget of Belarus in 2025.According to the media, air strikes against Syria provide an opportunity to attack Iran's nuclear facilities. On December 12, The Israel Times quoted Israeli military officials as saying that the Israeli military believed that Israeli warplanes and drones gained huge air superiority after air strikes destroyed almost all Syria's air defense equipment, which enabled Israeli warplanes to pass through Syrian airspace more safely and launch attacks on Iran's nuclear facilities.