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Three quarters of the earth's land is gradually dry due to climate change. From December 2 to 13, the 16th Conference of the Parties to the United Nations Convention to Combat Desertification (COP16) was held in Riyadh, Saudi Arabia. On December 9, 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. In addition, the Copernican Climate Change Service of the European Union pointed out in a monthly bulletin of global air surface temperature in November released on December 6 that 2024 will be the hottest year on record in the world, and the current ultra-high temperature is expected to last until the first few months of 2025.Alaska Airlines rose 12.59%, American Airlines rose more than 3.8%, Boeing rose about 3.1%, United Airlines and Delta Air Lines rose at least 1.4%, and Southwest Airlines fell more than 0.8%. The airline association predicts that the overall profit and operating income of the industry will increase slightly in 2025. Bernstein, a brokerage firm, upgraded the AAL rating of American Airlines, saying that the company's share price could rise by about 40%.Tesla (TSLA.O) rose more than 3%, and Morgan Stanley and Cantor Ftzgerald upgraded its rating.

The British Chancellor of the Exchequer called on the EU to grant greater access to the City of London. The British Chancellor of the Exchequer Rachel Reeves visited Brussels, urged the EU to grant greater access to the City of London, and told the finance ministers of the group that this would help promote their stagnant economic growth. Reeves said: "Britain has a deep global capital market, which can fund the growth needed by the economies in continental Europe."Google (GOOG.O) rose 4.3%, reaching its highest level since July.The United States will use the proceeds from frozen Russian assets to lend to Ukraine. 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. Russian Finance Minister Siluanov said last month that since western countries have decided to use Russian assets and income from assets, Russia will also take corresponding actions to freeze the assets of western investors, financial market participants and companies, and will use the income generated from these assets.

China and Vietnam announced the signing of an intergovernmental agreement on cross-border standard-gauge railway cooperation projects. On December 10th, the 16th meeting of the China-Vietnam Bilateral Cooperation Steering Committee was held in Beijing. The two sides agreed to give full play to the overall coordinating role of the Steering Committee, actively explore the direction and measures to deepen the building of a community of destiny between China and Vietnam around the implementation of the high-level consensus between the two parties and the two countries, and promote more results. The two sides announced the signing of an intergovernmental agreement on cross-border standard-gauge railway cooperation projects. The meeting also heard a report on the first meeting of the "3+3" strategic dialogue mechanism between China and Vietnam in diplomacy, national defense and public security.The Khartoum State Government of Sudan said on the 10th that the Sudan Rapid Support Force shelled the city of Omdurman in the west of the capital Khartoum that day, killing 65 civilians.The SCO Secretariat hosted a reception for the departure of Secretary-General Zhang Ming. "I hope that the Shanghai Cooperation Organization will benefit more people from all countries and let them experience the sense of gain, belonging and happiness in the SCO family." Zhang Ming, Secretary General of the SCO, said on the 10th. Zhang Ming is about to end his term of office. On January 1, 2022, he became the Secretary-General of the SCO for a term of three years. On the 10th, his departure reception was held in Beijing, attended by guests such as diplomatic envoys of SCO countries and Chinese officials. (Zhongxin. com)