Core Viewpoint - The Trump administration's decision to withdraw from numerous international organizations signifies a further retreat from global cooperation, impacting various global issues such as climate change, labor, and immigration [2][3]. Group 1: Withdrawal from International Organizations - The Trump administration has announced the suspension of U.S. support for 66 international organizations, including several UN-related agencies, citing issues like redundancy, inefficiency, and misalignment with U.S. interests [2][3]. - This withdrawal includes significant organizations such as the United Nations Population Fund and the UN Framework Convention on Climate Change, which are crucial for addressing global challenges [5][7]. - The U.S. has previously halted support for other international bodies, including the World Health Organization and the UN Human Rights Council, indicating a consistent pattern of disengagement from multilateralism [3][4]. Group 2: Implications for Global Cooperation - The U.S. exit from the UN Framework Convention on Climate Change is a critical move that undermines international climate cooperation, as the U.S. is one of the largest carbon emitters [5][6]. - Experts warn that the U.S. withdrawal could hinder global greenhouse gas reduction efforts, providing other nations with excuses to delay their commitments [6]. - The decision reflects a broader trend of the U.S. prioritizing national interests over collaborative global efforts, which may lead to increased challenges in addressing transnational issues [3][4]. Group 3: Future Funding Strategies - Despite the withdrawal, U.S. officials claim to recognize the potential value of the UN, planning to focus taxpayer funds on organizations that align with U.S. interests, particularly in sectors where competition with China is prominent [4]. - This strategy indicates a shift towards selective engagement, where funding is directed only to those organizations that meet specific U.S. policy goals [3].

美国总统特朗普表示，他将与哥伦比亚总统佩特罗举行会晤。就在几天前，特朗普还威胁要对这个南美 国家发动军事打击。 当地时间周三晚间，特朗普与佩特罗通了电话，并在"真实社交"平台发帖称此次通话是"莫大的荣幸"。 据称，佩特罗在通话中解释了"毒品问题及双方存在的其他分歧"。 "我感谢他的来电与沟通态度，期待不久后与他会面。"特朗普表示，并补充说美国国务卿鲁比奥会与哥 伦比亚外长协调会晤事宜。"会晤将在华盛顿特区的白宫举行。"特朗普说道，但未明确具体日期。 两位领导人自特朗普一年前重返白宫以来就一直针锋相对，此次缓和标志着双方关系出现了惊人的转 变。 周三，紧张局势似乎有所缓解，哥伦比亚驻华盛顿大使馆对双方"建设性的沟通语气"表示欢迎。 美国驻波哥大大使馆早些时候曾警告在哥美国人警惕全国范围内的集会，包括首都的这场集会，并建议 公民"避开大型抗议活动，因为它们可能演变为暴力事件"。 在集会上，人群高呼"该死的美国佬"，并举着写有"特朗普是帝国主义者"的标语牌，部分参与者焚烧了 美国国旗。 同月，美国宣布哥伦比亚不再是禁毒战争中的盟友，但保留了长期存在的安全合作协议。哥伦比亚是全 球最大的可卡因生产国。 2025年10 ...

基于2025年前三季度的产量数据与市场趋势，世界黄金协会（WGC）分析师认为2025年全球金矿产量可能创下历史新 高。这一判断的核心驱动因素包括以下四点： AI播客：换个方式听新闻 下载mp3 音频由扣子空间生成 近年来，全球金矿开采量始终保持稳定态势。尽管受到疫情、停产整顿以及劳工运动等短期因素冲击，但2018年至2024 年间，全球金矿年产量的同比变动幅度均值几乎为零。 2024年，全球金矿产量达到3645吨，同比增加4吨，创下仅次于2018年3658吨历史峰值的年度次高点（见图1）。2025年 前三季度，全球金矿总产量累计达2717吨，同比增加16吨。值得关注的是，在国际金价大幅飙升的背景下，金矿产量仅 呈现温和回升态势，这也引发市场的关键疑问：全球金矿开采行业是否已逼近产能极限？这又会对未来黄金供应产生何 种影响？ 图1：2024年全球金矿产量温和反弹 全球金矿产量是否已触及峰值？ 图3：根据Metals Focus的预测，金矿产量可能逐渐趋于平稳 金矿企业利润率持续走高（见图2）； 新项目落地投产（尤其是在加拿大地区）； 其他地区金矿产能扩张； 个体及小型金矿开采（ASGM）产量提升。 图2：近几个 ...

Core Viewpoint - A long-standing stock market indicator has released a strong bullish signal this week, indicating a continuation of the bull market that began at the end of 2022 [2][3] Group 1: Market Indicators - The Dow Jones Industrial Average and the Dow Jones Transportation Average both reached closing historical highs on the same day, marking the first buy signal from Dow Theory in over a year [3] - The last closing historical high for the Dow Jones Industrial Average was on January 5, while the Dow Jones Transportation Average had not reached a record since November 25, 2024 [3] - The S&P 400 MidCap Index also achieved its first closing historical high since December 11 of the previous year [4] Group 2: Market Sentiment - There is an increasing optimism among investors regarding the U.S. economy, with expectations of further interest rate cuts by the Federal Reserve [4] - Analysts have raised their overall earnings growth forecasts for companies, leading investors to bet on stocks that missed out on the AI boom, anticipating good performance by 2026 [4] Group 3: Dow Theory Explanation - Dow Theory is based on the symbiotic relationship between the Dow Jones Industrial Average and the Dow Jones Transportation Average, which reflects the transportation of goods produced by industrial companies [5] - For a bullish signal to be issued by Dow Theory, both indices must confirm each other's historical highs, although the timing does not need to be identical [5] - The composition of both indices has changed significantly since the theory's inception over a century ago, with the Industrial Average now including financial and tech stocks, while the Transportation Average has evolved to include airlines and logistics companies [5]

Core Viewpoint - The surge in precious metal prices has led to a record high in equity financing for gold and silver mining companies, particularly among small to mid-cap firms, marking the highest fundraising levels in over a decade [2][3]. Group 1: Fundraising Trends - In the past year, mining companies listed on U.S. and Canadian exchanges raised over $6.2 billion, the highest amount in at least 12 years [3]. - Small-cap mining companies dominated the fundraising activities, with Hemlo Mining Corp. leading the way by raising $489.7 million, followed by Perpetua Resources Corp. at $374 million and Novagold Resources Inc. at $206 million [3]. - The current fundraising environment is characterized by companies seizing opportunities to raise capital only when market conditions are favorable [3]. Group 2: Large Mining Companies' Strategies - Major mining companies like Newmont Corp., Barrick Gold Corp., and Agnico Eagle Mines Ltd. have refrained from issuing new shares despite high stock prices, opting instead to utilize increased cash flows for stock buybacks [4]. - This trend of small-cap companies issuing shares while large-cap companies buy back their own stock sends a positive signal to investors and is expected to continue into 2026 [4][6]. - Analysts note that large mining companies are demonstrating capital discipline, which is a departure from past behaviors where they would issue shares to fund aggressive acquisitions [4][5]. Group 3: Investor Sentiment and Market Dynamics - The majority of fundraising transactions last year were oversubscribed, driven by investor demand for precious metal assets and compelling use-of-proceeds proposals from mining companies [5]. - Mining companies offered attractive pricing for stock subscriptions, often at discounts exceeding 3.5%, which further incentivized investor participation [5]. - The momentum in equity financing for the mining sector is expected to persist into 2026, particularly in the early part of the year [6][7].

Group 1: Central Bank and Economic Policies - The People's Bank of China has increased its gold reserves for the 14th consecutive month, reaching 74.15 million ounces (approximately 2306.323 tons), with a month-on-month increase of 30,000 ounces (about 0.93 tons) [1] - The Ministry of Industry and Information Technology and eight other departments have issued an implementation opinion to promote the development of intelligent chips, focusing on key technologies such as high-end training chips and AI servers [1] - Multiple departments held a meeting to discuss the battery industry, aiming to regulate competition and promote high-quality development in the lithium battery sector [1] Group 2: Pharmaceutical and Regulatory Updates - The National Medical Products Administration has optimized the review and approval process for urgently needed overseas drugs to meet clinical demands, encouraging simultaneous R&D and application in China [2] - The Ministry of Commerce has initiated an anti-dumping investigation into imported dichlorodihydrosilane from Japan, with the investigation period set from July 1, 2024, to June 30, 2025 [2] Group 3: Company-Specific Developments - Guanglian Aviation plans to acquire a stake in Tianjin Yuefeng to engage in the R&D and manufacturing of core components for commercial rockets, with significant revenue contributions from national tasks [3] - Shenzhen Yihong Technology has received a regulatory warning from the Shanghai Stock Exchange for misleading disclosures regarding its strategic cooperation with Brain Machine Starlink Technology [4] - Shenzhen Yingjixin Technology has also received a regulatory warning for inaccurate disclosures about its brain-computer interface chip, which is still in the market cultivation phase [6] - Fenglong Co. has announced that it may apply for a trading suspension if its stock price continues to rise abnormally, following a significant increase in its stock price over recent trading days [7] - Chengdi Xiangjiang has reported a projected revenue decrease of approximately 1.092 billion yuan due to changes in the investment conditions of a data center project [7] - Zhenxin Technology's subsidiary has been banned from participating in procurement activities in the Western Theater for three years due to collusion in bidding [9] - Koushijiao has projected a 50%-60% decrease in net profit for 2025, primarily due to a significant drop in sales of high-end products [10] - Heng Rui Medicine has received approval for its innovative drug, which is the first of its kind to be approved for market use [11] - Nanjing Panda has clarified that it currently has no mature products related to brain-computer interfaces and has not generated related sales revenue [11] - Guangqi Technology has signed contracts worth a total of 264 million yuan for the mass production of metamaterials [11] - Zhongke Lanyun expects a net profit increase of 367%-377% for 2025, driven by significant gains from investments in other companies [12] - Pulit has developed LCP film technology for brain-computer interfaces and is collaborating with overseas clients for product development [13]

Group 1 - President Trump vows to prohibit defense contractors like Raytheon Technologies (RTX.N) from issuing dividends or repurchasing stocks until they accelerate weapon production, indicating a significant shift in the U.S. defense industry [2][3] - Following Trump's announcement, defense stocks experienced a decline, reversing previous gains attributed to U.S. military actions in Venezuela [3] - Major defense companies such as Lockheed Martin (LMT.N) saw stock price drops of 4.8%, Northrop Grumman (NOC.N) fell by 5.5%, and General Dynamics (GD.N) decreased by 3.6% [3] Group 2 - Trump criticized the high executive compensation in the defense industry, suggesting a salary cap of $5 million, significantly lower than the current average of over $20 million for top executives [4] - The defense sector has a history of stock buybacks and dividend distributions, with Lockheed Martin recently increasing its dividend for the 23rd consecutive year and approving a $2 billion stock repurchase plan [4] - The F-35 fighter jet program, one of the most expensive defense projects, has faced issues with cost overruns and delivery delays, reflecting broader challenges in the defense industry [5][6] Group 3 - The Sentinel intercontinental ballistic missile project, managed by Northrop Grumman, has a total cost of $140 billion, with an 81% budget overrun, highlighting the financial challenges faced by major defense projects [6]

泽连斯基在塞浦路斯接任欧盟轮值主席国的开幕式上发表讲话时指出，乌克兰与美欧伙伴的谈判已进入 新阶段。他同时强调，欧盟应在谈判进程中发挥核心作用。 "随着塞浦路斯开启欧盟理事会轮值主席国任期，我们注意到，与欧洲伙伴、当然还有美国以及所有'意 愿联盟'成员国的谈判，已经迈入全新里程碑。"泽连斯基表示，"我们由衷地相信，这场冲突有望在贵 国担任轮值主席国期间落下帷幕。" 塞浦路斯的欧盟理事会轮值主席国任期将贯穿2026年上半年，直至当年6月底结束。 泽连斯基此番表态的背景是，乌克兰、欧洲及美国代表团近期在巴黎举行了数轮会谈。 在由法国总统马克龙主持的"意愿联盟"峰会召开之际，乌克兰方面释放信号称，旨在结束俄乌冲突的和 平协议已"完成90%"。 此次峰会汇集了35个国家的代表，其中包括27国国家元首及政府首脑、欧盟高层官员，以及北约秘书长 马克・吕特（MarkRutte）。 据一份仍有待修改并经各国领导人最终批准的联合声明草案显示，该联盟拟提供的安全保障将包括：由 美国支持、欧洲主导的部队将于战后部署乌克兰境内，同时由美方负责停火监督工作。 AI播客：换个方式听新闻 下载mp3 音频由扣子空间生成 乌克兰总统泽连斯基 ...

男生普通话版 下载mp3 女声普通话版 下载mp3 粤语版 下载mp3 西南方言版 下载mp3 东北话版 下载mp3 上海话版 下载mp3 今日优选 泽连斯基称有望在2026年上半年结束俄乌冲突 消息人士：委内瑞拉将无限期向美供油 美国务卿：下周将就格陵兰岛议题与丹麦举行会谈 智利Mantoverde铜矿罢工将继续 央行今日将开展11000亿元买断式逆回购 央行连续第14个月增持黄金 事关白银期货！上期所最新调整 市场盘点 周三，美元指数震荡走高，最终收涨0.16%，报98.747；美债收益率涨跌互现，基准的10年期美债收益率最终收报4.154%，对美联储政策利率敏感的2年期美 债收益率收报3.48%。 现货黄金在亚盘触及4500美元关口后遭遇获利了结，但在弱于预期的"小非农"提振美联储降息预期后收复部分失地，最终收跌0.86%，报4456.43美元/盎司； 现货白银冲高回落，盘中最高触及82.748美元/盎司，随后连失多道整数关口，最终收跌3.76%，报78.19美元/盎司。 国际原油连续第二个交易日走低，因特朗普关于美国已和委内瑞拉达成石油交易的声明加剧了供应过剩担忧。WTI原油盘中跳水，最终收跌0.98 ...

Core Viewpoint - The dominance of AI companies in the U.S. stock market, which has driven a 78% increase over the past three years, is facing skepticism as investors question the long-term profitability and transformative potential of AI technology [2] Group 1: Market Dynamics - Investors are shifting their focus from the "Magnificent Seven" tech giants to the remaining 493 companies in the S&P 500, particularly those that could benefit from an economic recovery [2] - The "Magnificent Seven" index has seen a decline of 2% since October 29 of the previous year, while the remaining S&P 493 index has increased by 1.8% during the same period [2] - The Defiance Large Cap Ex-Magnificent Seven ETF, which excludes the "Magnificent Seven," has experienced significant net inflows, with December's inflow being four times that of November [3] Group 2: Future Outlook - Ed Yardeni predicts impressive performance for the S&P 493 index in 2025, despite challenges such as government inefficiencies and a weak labor market [3] - If the economy improves, cyclical and growth-oriented sectors are expected to benefit, providing opportunities for investors looking to diversify away from large tech stocks [3] - Goldman Sachs forecasts that the contribution of the "Magnificent Seven" to S&P 500 earnings growth will decrease from 50% in 2025 to 46% in 2026, while S&P 493's earnings growth is expected to accelerate to 9% in 2026 [6] Group 3: Investment Sentiment - There is a growing sentiment of "AI fatigue," with investors becoming more selective about AI-related investments, as evidenced by Michael Burry's bearish bets on Nvidia and Palantir [5] - Concerns about the sustainability of capital expenditures and high valuations are leading to a more cautious approach among AI investors [4] - Analysts suggest that the healthcare sector, along with materials and non-essential consumer goods, may present attractive investment opportunities due to undervaluation relative to historical levels [6]