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Covering for "allied" production cuts to evade sanctions? In November, Saudi Arabia became the largest buyer of Russian Crude Oil Product.
Since the European Union's ban on Russian oil took full effect in February last year, countries in Asia have become the largest buyers of Russian fuel oil and VGO. However, think tank data shows that in November, India's imports of Russian Crude Oil Product decreased significantly by 55% month-on-month, reaching the lowest level since June 2022.
The Federal Reserve faces new challenges, as alongside the Trump administration, the Banks and business groups have filed lawsuits regarding stress tests.
The Federal Reserve is facing pressure from the incoming Trump administration and bankers to adopt a more lenient regulatory approach.
It is not enough to force the Federal Reserve to issue a statement of "surrender"! Wall Street has directly taken them to court.
① Due to dissatisfaction with the lack of transparency in the Federal Reserve's annual stress testing process, an organization representing the Bank of America has taken the Federal Reserve to court; ② This also marks a significant escalation in the intensity of the conflict between Wall Street and the Federal Reserve over the past two years.
As early as tonight, the Federal Reserve may be facing a lawsuit!
Sources say that several of the largest Banks in the USA plan to sue the Federal Reserve over the annual bank stress tests.
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Midday Crude Oil Analysis: China's Crude Oil Product import volume has reached a record high, what kind of changes will the Global oil market face?
According to the latest customs statistics, China's Crude Oil Product imports reached a 15-month high in November, after which Brent Crude Oil Futures traded in Asia's early morning in......
Buckle up! Goldman Sachs: Market optimism is nearing its peak, Bullish on two defensive Sectors.
①Goldman Sachs advises investors to take more "defensive measures" as Wall Street's optimism about the USA economy and stock market approaches historical highs. ②Goldman Sachs' model is bullish on the performance of defensive stocks such as utilities and Medical Care.
Bristol-Myers Squibb (BMY.US) TYK2 inhibitors have achieved the primary endpoints in two key phase 3 clinical trials.
Bristol-Myers Squibb (BMY.US) announced today the positive results of the POETYK PsA-1 and POETYK PsA-2 trials. These two key Phase 3 clinical trials evaluated the efficacy and safety of the tyrosine kinase 2 (TYK2) inhibitor Sotyktu (deucravacitinib) in adult patients with active psoriatic arthritis (PsA).
Major victory for Wall Street! The Federal Reserve plans to make "significant changes" to stress tests for Banks.
Institutions in the USA are facing pressure from the incoming Trump administration and bankers.
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