what going on with crypto, Overview

Sixteen people have been sentenced for the anti-corruption storm in football. Since Li Tie, the former head coach of China Men's Football Team, was investigated in November 2022, a new round of anti-corruption storm has blown up in China football. The storm has become more and more fierce, involving not only players gambling and bribery at the top of the club, but also corrupt elements at the top of the Football Association and even the General Administration of Sports. Today, Li Tie's case and Du Zhaocai's case, the former vice chairman of the Chinese Football Association, were pronounced in the first instance. Up to now, 16 people have been sentenced in China football (Beijing Daily)Venezuelan authorities said that 103 people arrested after the July elections were released this week.Yunnan Nengtou: It is planned to invest in Yongning wind farm expansion project. Yunnan Nengtou announced that Maitreya Company, a wholly-owned subsidiary, plans to invest in Yongning wind farm expansion project (Maitreya area), with a total installed capacity of 230,000 kilowatts and a total investment of 1.323 billion yuan (including 6.9 million yuan in working capital). On the same day, it was announced that Honghe Company, a wholly-owned subsidiary, planned to invest in the Yongning Wind Farm Expansion Project (Luxi Area), with a total installed capacity of 235,000 kilowatts and a total investment of 1.395 billion yuan (including 7.05 million yuan in working capital).

White House: Biden's approval of an aid program to Ukraine will provide more air defense systems, etc. On December 12, local time, John Kirby, strategic communication coordinator of the US White House National Security Council, said at the White House briefing that day that US President Biden approved a new Ukrainian security assistance program on the 12 th, which will provide Ukraine with more air defense systems, artillery, drones and armored vehicles. Kirby said that this is the 72nd such material deployment assistance announced by the United States, and the United States will continue to provide additional aid packages until the end of the current government.U.S. policy outlook is uncertain. Lagarde lamented that the EU would "ask for it" for political uncertainty. European Central Bank President Lagarde said that the monetary policy decision of policymakers on Thursday was shrouded in the turbulent political situation in Europe. Although Lagarde did not directly mention the collapse of the French and German governments in recent weeks, she pointed out that it is not conducive to the central bank's decision-making to keep the fiscal plan and election results in suspense. At present, policymakers are still paying attention to the impact of Donald Trump's return to power. "We hope that many things will become clear in the coming months," Lagarde told reporters. "If we have discussed anything in the past two days, it is the uncertainty we are facing, whether it is the political situation from some member States or the US policy."Fiscal and monetary policies will continue to be strengthened. Next year, we will emphasize the "combination boxing". In 2025, China will "implement a more active and promising macro policy". According to the deployment of the Central Economic Work Conference, as two important pillars in the macroeconomic governance system, fiscal policy will be "more active" than before, maintaining policy continuity and releasing the determination to overweight policies; Monetary policy will turn to "moderate easing" and continue to adhere to the position of supportive monetary policy. "Precious policy tools should be used at critical stages." Insiders say that in the stage of insufficient effective credit demand and weak market expectations, boost market confidence; At the stage of accelerating the issuance of government bonds, supporting a more active fiscal policy is effective and laying a good policy "combination boxing". (Securities Times)

The dissolution of three village Town Bank was approved. According to the website of the General Administration of Financial Supervision on December 13th, Liaoning Financial Supervision Bureau agreed to the dissolution of Liaoning Dengta Village Bank Co., Ltd., Liaoning Shoushan Village Bank Co., Ltd. and Yingkou Hongcheng Village Bank Co., Ltd. three village Town Bank. Other approvals issued on the same day showed that Liaoshen Bank Co., Ltd. was approved to acquire the above-mentioned three village Town Bank to set up branches. In addition, the opening of Liaoyang Guangming Sub-branch, Yingkou Hongcheng Sub-branch and Liaoyang Shoushan Sub-branch of Liaoshen Bank Co., Ltd. was approved.Venezuelan authorities said that 103 people arrested after the July elections were released this week.International oil prices fell on the 12th. As of the close of the day, the light crude oil futures price for January delivery in the New York Mercantile Exchange fell by 27 cents to close at 70.02 US dollars per barrel, a decrease of 0.38%. London Brent crude oil futures for February delivery in 2025 fell 11 cents to close at $73.41 a barrel, a decrease of 0.15%.