Fitch: It is expected that the Tax Reduction and Employment Act will be extended in 2017, which may increase tariffs on Canada, restrict immigration and re-promote deregulation. It is expected that the economic growth in the United States and Canada will slow down slightly, inflation will fall, and policy interest rates will continue to be lowered.After the decline in the second quarter, the labor cost in the third quarter of the United States was revised downwards. After the decline in the previous three months, the increase in labor cost in the third quarter of the United States was lower than the initial value, further proving that the job market is no longer a source of inflationary pressure. According to data released by the Bureau of Labor Statistics on Tuesday, the unit labor cost increased at an annualized rate of 0.8% from July to September, and decreased by 1.1% after revision in the previous quarter. The initial value of labor costs showed an increase of 1.9% in the third quarter. The adjustment of these two cycles reflects the downward adjustment of hourly salary. During the period from July to September, the annual rate of productivity increased by 2.2%, which was not revised, compared with 2.1% in the previous quarter.The death toll from the explosion of a fuel depot in central Italy has risen to five. The reporter learned on the 10th local time that the body of the last missing person in the explosion of a fuel depot in the suburb of Florence in central Italy on the 9th has been found. Up to now, the explosion has caused 5 deaths and 26 injuries, of which 2 were seriously injured. (CCTV News)
Citigroup: Brazil is unlikely to cut interest rates next year.Russian President Vladimir Putin: A sufficient number of Hazelnut missiles will effectively reduce the necessity of using nuclear weapons.Market news: Russia resumes passenger railway traffic with North Korea.
Finance Minister of Canada: It is expected that the government will reach the debt-to-GDP ratio predicted in the budget, and the economic report in autumn will show that the government is meeting its financial targets.Citigroup: India, Brazil, Mexico and Japan show good prospects in 2025.The three cities of Changsha, Zhuzhou and Xiangtan signed the Action Plan for the Integrated Development of Changsha, Zhuzhou and Xiangtan in 2025, and the three cities of Hunan, Changsha, Zhuzhou and Xiangtan jointly signed the Action Plan for the Integrated Development of Changsha, Zhuzhou and Xiangtan in Xiangtan on the 10th, fully implementing and accelerating 126 key cooperation items, focusing on "urbanization" and "high quality", and building Changsha, Zhuzhou and Xiangtan into a mega-city. The action plan calls for speeding up the construction of high-quality urbanization development system and mechanism around the comprehensive reform of market-oriented allocation of elements in Changsha-Zhuzhou-Xiangtan metropolitan area, the market integration of Changsha-Zhuzhou-Xiangtan metropolitan area, and the system and mechanism integration of Changsha-Zhuzhou-Xiangtan educational and scientific talents; Focus on industrial planning guidance, major factor guarantee, park cooperation and co-construction, application scenario expansion, business environment optimization, and establish a coordinated development mechanism for Changsha, Zhuzhou and Xiangtan industries; Promote the formation of a comprehensive transportation system and a convenient and efficient modern logistics system. (Xinhua News Agency)