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Brazilian President Luiz Inacio Lula da Silva has regained consciousness after undergoing head surgery again. At present, the situation is stable. On the morning of 12th local time, Brazilian President Lula underwent head surgery again in the Syrian-Lebanese hospital in Sao Paulo, the largest city in the country, to prevent further intracranial hemorrhage. The reporter from the General Station learned from the press conference held by the hospital that Lula had recovered after the operation and was in a stable condition, so he could talk with the medical staff. The medical team said that the operation, as part of the first treatment on the 10th, started at around 7: 00 on the 12th and lasted less than an hour. The medical staff said that the operation was successful and Lula needed further examination in the intensive care unit until the 13th. According to the current rehabilitation situation, the medical team assessed that Lula's discharge time was on the 16th or 17th of this month.Professor Wu Yin, School of Economics, Southwestern University of Finance and Economics: In order to attract more social capital to participate in the construction of industrial innovation system, the Central Economic Work Conference proposed that scientific and technological innovation should lead the development of new productive forces and build a modern industrial system. In this regard, Wu Yin, a professor at the School of Economics of Southwestern University of Finance and Economics and director of the Institute of Political Economy, said in an interview that the meeting emphasized the important role of scientific and technological innovation in accelerating the formation of new quality productive forces, and made it clear that the core kinetic energy of building a modern industrial system comes from a number of future industries based on scientific and technological innovation. The meeting also emphasized improving the multi-level financial service system, giving sufficient financial support to potential industries and enterprises, and attracting more social capital to participate in the process of industrial innovation system construction. (SSE)The forecast of the European Central Bank assumes that the exchange rate of the euro against the US dollar will be 1.08 in 2024 and 1.06 in 2025, 2026 and 2027.

Tian Xuan, Dean of Tsinghua University National Institute of Finance and Professor of Finance: Comprehensive measures are taken to promote sustained and stable economic growth and high-quality development. The Central Economic Work Conference proposed that next year, we should persist in striving for progress while maintaining stability, promoting stability through progress, maintaining integrity and innovation, making innovations before breaking, systematically integrating and cooperating, enriching and improving the policy toolbox, and improving the foresight, pertinence and effectiveness of macro-control. In this regard, Tian Xuan, dean of Tsinghua University National Finance Research Institute and professor of finance, said that the meeting clarified the core strategy of economic work next year, emphasized the innovation, systematicness and coordination of policies, and reflected the decision-makers' accurate judgment on the economic situation and positive attitude towards new changes and challenges. Tian Xuan said that compared with the past, the current policy orientation is more positive, such as "moderately loose monetary policy" and "more active fiscal policy", paying more attention to innovation, while adhering to the basic principles and bottom line, exploring new working ideas, paying more attention to the systematic nature of policies, considering the mutual influence and synergistic effect between various policies and the coordination and cooperation between different departments and policies, and maximizing the policy effect through comprehensive policies to solve the outstanding problems currently facing and promote the economy. (SSE)Russian officials: The failure of sanctions against Russia to achieve geopolitical goals will cost the EU 1.5 trillion euros. On the 12th local time, Russian Deputy Foreign Minister Grushko said that Russia has adapted to various sanctions and will develop relations with all countries willing to cooperate. He said that the EU is on a road of self-destruction, and any geopolitical goal cannot be achieved through sanctions. If the EU wants to refuse cooperation with Russia, this is the EU's choice, but most assessments show that this choice has caused the EU to suffer a loss of 1.5 trillion euros.Brazilian Presidential Spokesman: President Lula will run for re-election in 2026.

The European Central Bank predicts that the inflation rate will drop to 2% in the fourth quarter of 2025.According to statistics, on December 12th, as of press time, five A-share listed companies including Alaide, Zhongzhong Technology, Yiwang Yichuang, Crystal Optoelectronics and Decai Co., Ltd. disclosed their holdings.Lian Ping, Dean and Chief Economist of Guangkai Chief Industry Research Institute: It is expected that deficit ratio will be allocated 4%-4.5% next year, and its finance will be more active to meet the current economic needs. (Xinhua Finance)