MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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EFF Presses Ahead With Nationwide Protest, Gov't Won't Speculate On Putin Visit

SOUTH AFRICA
  • South African authorities have tightened security measures as the opposition Economic Freedom Fighters party has called a protest action to demand ending load-shedding and President Ramaphosa's resignation. The EFF threatened that its "national shutdown" will bring the country to a standstill and called on all individuals and businesses to support the protest. The government decided to put the police and military on high alert as a precautionary measure, seeking to prevent a repeat of the 2021 protests which resulted in more than 350 deaths.
  • President Ramaphosa's spokesperson said that South Africa is "cognisant of [its] legal obligation" surrounding the warrant arrest issued against Russian President Vladimir Putin by the International Criminal Court, but will "remain engaged with various relevant stakeholders." He refused to speculate on what would happen if Putin came to South Africa for a BRICS summit this year.
  • As a reminder, South Africa will observe a public holiday tomorrow. Following that, the focus will turn to February CPI data, due Wednesday.
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