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

MNI: US MBA: MARKET COMPOSITE +5.4% SA THRU DEC 06 WK

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

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

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Tusk Seeks Reset In Relations With Ukraine, FinMin Discusses Budget

POLAND
  • Prime Minister Donald Tusk ended his visit to Kyiv pledging further military support to Ukraine in a bid to repair frayed bilateral ties. Tusk and his Ukrainian counterpart Denys Shmyhal agreed to develop border infrastructure and re-start intergovernmental consultations to prevent tensions from resurfacing in the future. Tusk also noted that the European Union will find a way to support Ukraine regardless of Hungary's stance, adding that "whoever quietly supports Putin, betrays Europe (...) and it will not be forgotten or forgiven", drawing criticism from Hungarian Foreign Minister Peter Szijjarto.
  • Poland scrambled fighter jets in response to increased activity of Russian strategic bombers amid a large-scale missile strike on Ukraine this morning. Separately, Russian outlet Vesti.Kaliningrad reported that Vladimir Putin will visit the Russian enclave bordering with Poland this Thursday.
  • Finance Minister Andrzej Domanski told public radio that the ruling coalition may need to amend the 2024 budget later this year. He added that he "count[s] on the responsibility of the President and hope[s] he will not delay signing the budget bill". In Domanski's view "it would be very hard to find a clause that would allow to refer the budget bill to the Constitutional Tribunal". The Finance Minister also confirmed plans to revamp the capital gains tax and create a system of incentives to save.
Political Risk BulletEM BulletHomepageBulletPolitical RiskEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.