据两名了解此事的官员透露，针对欧洲央行的立场，委员会已开始制定替代方案，通过提供临时流动性 来为这1400亿欧元的贷款提供兜底。委员会发言人表示，自10月下旬以来，委员会一直与欧洲央行"保 持密切联系"，央行也"积极参与了有关贷款提议的所有讨论"。 "确保必要的流动性以应对可能将资产归还给俄罗斯央行的义务，是可能的赔偿贷款的重要组成部 分，"他们补充道。"这是确保欧盟、其成员国和私人机构能够始终履行其国际义务的必要条件。关于如 何详细确保这种流动性的思考正在进行中。" 欧洲清算银行拒绝置评。自2022年俄乌冲突全面爆发以来，欧盟已冻结了价值约2100亿欧元的俄罗斯资 产。比利时反对向基辅提供贷款，理由是如果俄罗斯资产解冻且莫斯科能够收回这些资产，欧洲清算银 行将无法立即偿还这笔钱。 欧洲央行拒绝为向乌克兰支付的1400亿欧元提供兜底，这对欧盟利用被冻结的俄罗斯资产筹集"赔偿贷 款"的计划构成了打击。 据多位官员透露，欧洲央行的结论是欧盟委员会的提议违反了其授权，这增加了布鲁塞尔利用在比利时 证券存管机构——欧洲清算银行（Euroclear）被冻结的俄罗斯央行资产筹集巨额贷款的难度。 值此之际，基辅在俄罗斯新一 ...

Group 1 - The article highlights the growing skepticism in Europe regarding the United States' commitment to NATO, especially in light of recent diplomatic actions and the absence of key U.S. officials from NATO meetings [2][3][4] - The leaked peace plan suggests that the Trump administration is more interested in improving relations with Russia than in defending the transatlantic alliance, raising concerns among European leaders [3][4] - European leaders express that the U.S. peace plan could lead to significant divisions within NATO, as it proposes to grant Russia amnesty for its military actions in Ukraine and allow its reintegration into global economic structures [7][8] Group 2 - The article discusses the differing perspectives between Europe and the U.S. regarding the peace process, with Europe fearing a resurgence of Russian aggression while the U.S. appears focused on achieving a quick ceasefire [5][6] - European political and military leaders believe that Putin's ambitions include rebuilding Russia's imperial influence, which is currently hindered by NATO's collective defense commitments [6][8] - The potential consequences of a divided NATO are explored, including the risk of Russia attempting to reclaim former Soviet territories, which could lead to a significant geopolitical crisis [8][9]

作者：肖燕燕，金十数据 表面上，新一任美联储主席的遴选工作仍在进行中。少数最终候选人计划于本周开始与副总统万斯及白 宫高级幕僚进行面谈。 但实际上，这一流程似乎已接近尾声，特朗普似乎倾向于其长期顾问凯文·哈塞特（Kevin Hassett）。如 果哈塞特最终获得提名，那将是因为他符合特朗普的两个关键标准：忠诚度，以及在市场中的信誉。 "我知道我要选谁，"特朗普上周日对记者说。当被问及人选是否为哈塞特时，特朗普笑了笑，但未多 言。 自劳动节以来，财政部长贝森特一直在主持有条不紊的遴选工作，将最初的11位候选人范围缩小至5 人：现任白宫国家经济委员会主任哈塞特、前美联储理事凯文·沃什（Kevin Warsh）、现任美联储理事 沃勒和鲍曼，以及贝莱德高管里克·里德（Rick Rieder）。 哈塞特与沃什未回应置评请求。 白宫发言人库什·德赛（Kush Desai）表示："在特朗普总统正式宣布之前，关于美联储提名的讨论均属 猜测。" 今年夏天，沃什曾与哈塞特一同被视为领跑者。但近期与沃什交谈过的人得到的印象是，他已不再这样 看待自己的处境。 据知情人士透露，哈塞特曾向白宫及其他政府官员表示，他渴望获得这一职位，并且 ...

Core Viewpoint - The proposal by the right-wing coalition led by Giorgia Meloni aims to declare Italy's gold reserves as the property of the Italian people, raising concerns among critics that this could pave the way for the government to sell off gold assets [1][3]. Group 1: Gold Reserves and Economic Implications - Italy holds the third-largest gold reserves globally, approximately 2452 tons, valued at around €285 billion due to recent price increases [1]. - The Italian central bank states that these gold reserves are part of the country's official foreign exchange reserves, enhancing confidence in Italy's financial system and the stability of the euro [1]. - The proposed amendment to the upcoming budget law seeks to clarify that the gold reserves managed by the central bank belong to the Italian people, emphasizing the need for transparency regarding ownership of such a significant asset [1][3]. Group 2: Political Context and Historical Attempts - The Brothers of Italy party has previously attempted to legislate the gold reserves as national property, but these efforts have consistently stalled [2]. - Meloni has long criticized the perceived loss of "monetary sovereignty" regarding Italy's gold, arguing that it should not be influenced by the new shareholders of the central bank [2]. - The European Central Bank has warned that transferring gold from the central bank to the state could violate EU treaties, highlighting the legal complexities surrounding this issue [2]. Group 3: Concerns from Economists and Opposition - Economists express concern that declaring gold as public property could facilitate easier government sales of gold to address significant debt or fund social services, potentially signaling financial distress [3]. - The opposition Democratic Party argues that the Brothers of Italy's focus on gold is a distraction from pressing issues like rising living costs and the need for solutions in wages, business, and healthcare [4].

据外媒报道，OpenAI将入股Thrive Holdings，这是一家由Thrive Capital在今年早些时候设立的投资载 体，进一步扩展了这家ChatGPT开发商与其投资者之间不断增加的循环式交易。 作为OpenAI的主要投资方之一，Thrive Capital今年设立了Thrive Holdings，目标是创办和收购能够从AI 中受益的企业。根据周一公布的合作内容，OpenAI将与Thrive Holdings合作，加速企业对AI的采用， 首批重点领域是会计和信息技术服务。 OpenAI与Thrive Holdings的合作旨在加强企业对AI的采用，这是双方共同关注的重点。OpenAI及其竞 争对手正努力证明自身系统的商业价值，并吸引更多客户，以抵消构建和运行AI系统的巨大成本。 OpenAI首席运营官布拉德·莱特卡普（Brad Lightcap）在声明中说，这项与Thrive Holdings的合作，是 为了展示当前沿AI研究和应用快速部署到整个组织时，企业运作方式和客户互动方式将发生怎样的变 革。他表示，希望这项合作能成为全球企业和行业与OpenAI深度合作的范例。 但这一举动也加剧了外界对Ope ...

AI播客：换个方式听新闻 下载mp3 此外还有Waymo，这家由谷歌支持的初创企业是特斯拉在无人出租车竞赛中的主要对手。Waymo在五 座城市运营全自动叫车服务，并选定了另外12座城市进行短期扩张。上个月，它成为美国首家能够在高 速公路上提供无安全监控员的自动驾驶服务的企业。 在马斯克看来，英伟达是一只"显而易见"的选择。它仍然是AI赛道上的主导者，几乎与行业内所有主要 玩家都有合作。 英伟达最近一个季度营收同比增长62%，主要受益于其在数据中心业务方面的布局。这是AI产业的基础 设施，也是投资者关注的重点。 尽管谷歌与马斯克旗下的企业存在竞争关系，但英伟达始终是特斯拉的稳固合作伙伴。马斯克经常称赞 英伟达CEO黄仁勋（Jensen Huang）。上个月，两人共同宣布与一家沙特阿拉伯AI公司合作，在沙特建 设一个大型数据中心。 音频由扣子空间生成 埃隆·马斯克（Elon Musk）不认为自己是投资者。但如果必须在AI相关股票中押注，他最近点名称赞了 两只标的。 他在周日播出的一期"People by WTF"播客节目中说："AI和机器人技术将变得非常重要。AI和机器人带 来的商品和服务产出会高得压倒其他一切。 ...

Core Viewpoint - The upcoming selection of the next Federal Reserve Chair is crucial as the U.S. economy faces significant challenges, with Kevin Hassett being the leading candidate among several others [1][2]. Candidate Overview - Kevin Hassett is viewed as the frontrunner for the Federal Reserve Chair position, with a strong probability of 79% on Kalshi, 75% on PredictIt, and 63% on Polymarket platforms [2]. - Other potential candidates include current board members Christopher Waller and Michelle Bowman, former board member Kevin Warsh, and Rick Rieder from BlackRock [1][2]. Federal Reserve's Internal Division - The Federal Reserve is currently experiencing internal divisions, with some officials advocating for interest rate cuts to mitigate labor market risks, while others are concerned about persistent inflation [3]. - The probability of a rate cut in the upcoming December meeting is estimated at 87.6%, indicating high market volatility [3]. Future Monetary Policy Direction - The new Federal Reserve leadership will not only focus on interest rates but also on broader monetary policy reforms, as emphasized by Treasury Secretary Mnuchin [5]. - There is a call for the Federal Reserve to simplify its mission and reduce the complexity of its monetary policy [5]. Shadow Chair Concept - The idea of a "shadow chair" has emerged, suggesting that the new appointee may overshadow the current chair, Jerome Powell, during the transition period [6][7]. - This concept reflects concerns about the independence of the Federal Reserve and the potential influence of the White House on monetary policy [6][7]. Market Expectations - Market analysts predict that Hassett's potential appointment could lead to a more dovish monetary policy, reinforcing expectations for aggressive rate cuts and putting downward pressure on the dollar [7][8]. - The Senate is unlikely to disrupt the nomination process, as the candidates mentioned do not appear radical enough to provoke significant opposition [8].

Economic Indicators - The US ISM Manufacturing PMI for November was reported at 48.2, below market expectations of 49, marking the ninth consecutive month in contraction territory [2][10] - The US dollar index closed at 99.41, down 0.07%, while the 10-year Treasury yield settled at 4.0920% and the 2-year yield at 3.5490% [2][5] Commodity Markets - International oil prices rose due to damage to a key pipeline connecting Kazakhstan's oil fields to the Black Sea after attacks in Ukraine, with WTI crude closing at $59.52 per barrel, up 1.83%, and Brent crude at $63.35, up 1.67% [3][5] - Spot gold reached a six-week high, closing at $4233.54 per ounce, up 0.37%, while silver surged to $57.96 per ounce, up 2.88% [2][5] Stock Markets - US stock indices experienced declines, with the Dow Jones down 0.89%, S&P 500 down 0.53%, and Nasdaq down 0.38% [3][5] - In Hong Kong, the Hang Seng Index closed at 26033.26, up 0.67%, while the Shanghai Composite Index rose 0.65% to 3914.01 [4][5] Corporate Developments - Nvidia announced a strategic investment of $2 billion in semiconductor interface IP supplier Synopsys [10] - ByteDance responded to speculation about a partnership with ZTE, stating there are no plans for self-developed smartphones [10]

英国首相斯塔默周一表示，他为上周的预算案感到自豪，不仅通过称其为"公平的选择"来辩护，还为被 指控在发布财政计划前误导公众的财政大臣辩护。 在伦敦某社区中心举行的新闻发布会上，斯塔默试图说服公众，这份预算案——虽然避开了上调个人所 得税，但在其他领域提高了税收——将有助于解决儿童贫困问题，保护公共服务，并提供更大的财政缓 冲以确保稳定。 尽管他试图将焦点转移到未来的福利改革和削减商业监管上，但他反复被问及财政大臣里夫斯是否误导 了公众，因为她提出的财政黑洞比独立预测机构所暗示的要大。 "我很自豪……我很自豪我们的公共财政和公共服务正朝着正确的方向发展，因为我们直面现实，掌控 了我们的未来，英国现在重回正轨，"斯塔默在掌声中说道。 民粹主义政党英国改革党（Reform UK）呼吁独立道德顾问展开调查，看她是否违反了大臣守则。反对 党保守党也指责里夫斯向公众撒谎。 斯塔默详述决策过程 斯塔默提供了决策过程的细节，称当预算责任办公室的生产力预测显示有160亿英镑的亏损时，关于预 算案形式的讨论就开始了。 他说，这意味着他和里夫斯都必须考虑可能违背该党2024年的竞选承诺并提高个人所得税——后来数据 表明这没有必要。 ...

Core Viewpoint - UBS analysis indicates that the Swiss National Bank (SNB) likely did not intervene in the foreign exchange market in October to curb the appreciation of the Swiss franc [1] Group 1: SNB's Market Activity - UBS economist Florian Germanier estimates that the SNB's trading volume in October ranged from buying up to 20 million Swiss francs (25 million USD) in foreign exchange to selling up to 50 million Swiss francs, significantly lower than the 5.1 billion Swiss francs spent in the second quarter [1] - Germanier states that there are no signs of intervention by the SNB, as the data from the balance sheet does not indicate strong actions taken by officials during this period [1] Group 2: Currency Fluctuations - In October, the Swiss franc approached a critical level of 0.92 against the euro, leading to speculation about potential currency sales by decision-makers to limit the increase, which did not occur [1] - The lack of intervention aligns with a shift from large-scale sales of the Swiss franc by the SNB to a more cautious approach [1] Group 3: Future Expectations - Germanier suggests that the SNB may have entered the market in November in response to the Swiss franc reaching a ten-year high following a trade agreement with the United States [1] - The volatility in the Swiss currency market in mid-November, when the franc reached its strongest level since the SNB removed the exchange rate cap in January 2015, may indicate potential intervention [1]