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Viewing the World (Various Comments / News)
Economy
2024-12-02 Monday Morning Routine (Hankyung) : Online shopping becoming more common in the US (15% UP) / Japan raises interest rates and Yen rises to 140 JPY (reason: the Liberal Democratic Party's defeat necessitates focusing on people's livelihood) / 30-year maturity Chinese government bonds yield lower than Japanese government bonds(China's economy showing signs of stagnation) / All Korean exports decrease , Export growth rate falls to 1% / General-purpose DRAM price drops from $2.1 to $1.35 /15 obesity drugs to be developed within 5 years (oral obesity drugs, Novo Nordisk is the fastest with 15% weight loss effect) / In the Middle East, Aramco's petrochemicals (integrated facilities: Saudi Arabia 3rd, China 4th, Korea 1st)Korean companies (Lotte Chemical, LG Chem) are defenseless / Korean defense stocks fall (Elon Musk: The outcome of future wars will be determined by drones) / Hydrogen energy
>> Reader comments: Let's find a way to seek happiness instead of obsessing over growth.
>> Editorial: America's high productivity is due to constant innovation based on data (break-even point of US shale oil: $90 in 2012 -> $40 this year)
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