The composite index of Athens Stock Exchange of Greece closed up 0.36% at 1469.32 points, up 0.88% this week.Abbott's share price quickly fell to 1%.Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.
The Amazon Truck Drivers' Union voted to approve a strike at two large warehouses in new york.The U.S. military said that drones were found over the U.S. military base in Germany. A spokesman for the U.S. Air Force said that drones were found flying over the U.S. air base in Ramstein, Germany, in early December, and the residents, facilities or assets of the base were not affected. A source said that the German authorities did not find the operator of the drone, but ruled out the possibility that the drone was operated by amateurs.According to sources, the US Securities and Exchange Commission's investigation involved Musk's purchase of Twitter shares in 2022 and whether he intended to benefit from it.
Citigroup raised the target price of Broadcom from $205.00 to $220.00.Georgian President: He will not leave the presidential palace after his term ends. On December 13th, local time, Georgian President Zurabishvili said that he would not leave the presidential palace after his term ends. Georgian President Zurabishvili said on November 30th local time that although her term of office is coming to an end, she will not hand over power because the current parliament is illegal. She will remain president "until a new parliament is legally elected". According to the Georgian Constitution, Zurabishvili's six-year term will expire on December 16th. The Georgian Parliament passed a resolution on November 26th, deciding to hold the presidential election on December 14th and the inauguration ceremony of the new president on December 29th. Georgia held a new parliamentary election on October 26, and the Georgian Dream Party won more than half of the votes. Four opposition coalitions, which also entered the parliament, refused to recognize the election results and demanded a new parliamentary election. Zurabishvili announced on October 27th that it would not recognize the results of the new parliamentary election.The Russian Defense Ministry said that within one week (December 7-13), the Russian army eliminated 12,090 Ukrainian troops in a special military operation against Ukraine.