标签归档 上海娱乐导航

通过admin

Shared power bank: Market competition is not a zero-sum game – Interview with Liu Tongxin, inventor of shared charging technology

  Recently, a "love sharing station" has been unveiled in major subway stations in Qingdao one after another. It not only provides passengers with a number of convenient services such as shared power banks, shared umbrellas, paper towel sales, and subway morning newspapers, but also provides emergency medical supplies such as medical kits and defibrillators. Once the machine was launched, it was well received by many passengers and praised it one after another.

  The inventor of this project is Liu Tongxin, who is known as the innovation expert. Before that, he had invented and incubated more than a dozen innovative products such as hotel gathering multimedia systems, flexible screen laptops, and mural TVs. In recent years, what has made him famous is undoubtedly his original shared power bank technology solution and business model. "In 2014, I laid out more than 20 shared power bank patents. This is the earliest batch of patents in the field of shared power banks, and three of them are core patents." Liu Tongxin said that due to his original innovation and patent layout in the field of shared power banks, he is known as the "father of shared power banks".

  Creativity comes from a trip to the United States

  Liu Tongxin’s idea for the shared power bank project originated from a visit to the United States. In June 2014, Liu Tongxin followed a delegation to the United States to investigate innovation and entrepreneurship projects. One night, while he was out, his mobile phone and power bank were dead, which inspired him to invent a shared charging model.

  "I thought at that time, if there is a box, I can put the power bank that is dead and replace it with a power bank with electricity, which can solve the charging needs of many users." Liu Tongxin believes that mobile phone users have a rigid demand for battery power in public places, and with the increasing number of smartphone users, the number of users sharing power banks will show a rapid growth trend.

  With the idea of "shared charging", Liu Tongxin began to implement it. On the plane back to China, he designed a complete set of technical solutions for shared power banks. After returning to China, he immediately organized the technicians in the laboratory to set up a research and development team to start developing this technical solution.

  At the same time as the technology development, he carried out patent layout. "For this project, we have submitted more than 20 patent applications and have been authorized successively. Among them, three patents are the core technologies in the field of shared charging, and their names are’An identifiable mobile phone rechargeable battery and its identification method ‘ (patent number: ZL201410666867.0),’ A mobile phone battery charging replacement system and charging method ‘ (patent number: ZL201410667099.0),’ A mobile phone battery charging case ‘ (patent number: ZL201410667122.6). This is the first batch of shared power bank patents, which is a real process from 0 to 1, and most of them are invention patents." Liu Tongxin said.

  Product landing encounters confusion

  In November 2014, Liu Tongxin began planning how to turn the drawings into real objects. Since there were no companies in Qingdao that produced power banks, he decided to send the R & D team to Shenzhen to seek partners for power banks.

  In Shenzhen, the R & D team has reached a cooperation intention with a number of power bank manufacturers. When the two sides communicated the technical details, the engineers of the R & D team informed the other party of the technical solution, and later, they also showed them the patent application documents.

  Liu Tongxin said: "At the end of 2015, I found shared power bank cabinets produced and launched by a Shenzhen Technology Co., Ltd. in several shopping malls in Shenzhen one after another. This was exactly the same as the technical solution of the shared power bank I designed. This surprised me very much. I realized that the technical solution may have been leaked. After I conducted a patent search, I found that this company submitted a large number of utility model patent applications after I submitted the patent application, and this company was raising money everywhere. It kept claiming to investors that they invented the shared power bank. This made me very angry. At that time, I especially wanted to take up legal weapons to protect my legal rights and interests. Later, this company launched several lawsuits against other shared power bank companies."

  Look for partners cautiously

  With the advent of the sharing economy boom, the business model of shared charging has gradually been recognized by the market, and the number of entrants has increased rapidly. As the inventor of shared power banks and the holder of core patents, Liu Tongxin is also known to more and more people. Many companies have come to seek cooperation, hoping that he can transfer the patent of shared charging to them. He told reporters: "The technical solutions used in the entire power bank industry are inseparable from my three core patents."

  In this regard, Liu Tongxin had his own considerations. He hoped that his partners would be companies with big ideas, and he did not want patents to become a tool for corporate competition. After repeated consideration, he finally chose to cooperate with Shenzhen Street Electric Technology Co., Ltd. (hereinafter referred to as Street Electric).

  Liu Tongxin believes that the market size and scale of Street Power and its strong financial strength can better translate his patented technology into products. "I hope to promote the development of this industry together with leading enterprises," Liu Tongxin said.

  Businesses should promote innovation together

  Standing in the trend of the sharing economy, shared power bank enterprises have been able to develop rapidly, but at the same time, the market competition in this field has become increasingly fierce, and patent disputes have also arisen. It is understood that, taking Street Electric as an example, there have been dozens of cases of patent infringement sued by Shenzhen Caller Technology Co., Ltd. (hereinafter referred to as Caller).

  Since March 2017, Caller has initiated more than 30 patent infringement lawsuits against Jiedian in Shenzhen, Beijing, Guangzhou and other places, with a total amount of tens of millions of yuan. In addition, Caller also filed an injunction application with the Guangzhou Intellectual Property Court, asking the court to order Jiedian and others to stop the alleged infringement first.

  In response to the lawsuit of the caller, Street Electric filed a request for patent invalidation on 7 patents of the caller, and the original Patent Reexamination Board made a review decision after the trial, of which 5 patents were claims of infringement that were declared invalid, 1 patent was claims of infringement that were declared partially invalid, and the other 1 patent was found not to be creative by the court in the administrative litigation of invalidation, and the original Patent Reexamination Board was ordered to make a new review decision.

  In addition, Jiedian believes that Caller has filed 30 patent infringement lawsuits with the Beijing Intellectual Property Court and the Shenzhen Intermediate People’s Court (hereinafter referred to as the Shenzhen Intermediate People’s Court) on the basis of the same 6 patents. These 30 cases have the same parties; and the rights basis on which these 30 lawsuits are based are all the same 6 patents. In particular, the alleged infringing products involved in the 24 cases filed in the Shenzhen Intermediate Court are all the same type of cabinet products of Jiedian, which belong to the same litigation object. Jiedian believes that this is a typical duplicate lawsuit. Caller believes that it is not a duplicate lawsuit. At the same time, Jiedian believes that Caller is also suspected of spreading misinformation and misleading information, which is an act of unfair competition.

  After the trial, the Shenzhen Intermediate Court ruled that Street Electricity’s lawsuit was established, requiring the caller to immediately stop the unfair competition, publicly apologize to Street Electricity on its official website, WeChat official account and more than ten media for the unfair competition, eliminate the negative impact, and compensate Street Electricity for economic losses and reasonable expenses of 5 million yuan. At present, the case is in the process of 2nd-round Moderation.

  Regarding these patent disputes, Liu Tongxin believes: "The purpose of enterprises to carry out patent layout should be to build their own protective’armor ‘, rather than maliciously attack others."

  "The market competition in the shared power bank industry should not be a zero-sum game, and the relationship between enterprises should be mutual promotion and common progress." Liu Tongxin said that at present, there is still a lot of room for innovation in the shared power bank industry in our country, and the shared power bank enterprises should focus on technological innovation, provide users with better services and create higher value. Only in this way can the entire industry develop better. (Intellectual Property News, Andy)

通过admin

How does Buick achieve brand advancement?

On the eve of the National Day (September 30), a new sub-brand – Buick Avenir was officially launched. According to SAIC GM’s strategic intention, the new brand will be specially built based on Buick’s high-end models, providing consumers with high-end and personalized car needs and exclusive service experience.

Avenir concept car built by Buick’s global team

In fact, it is not surprising that SAIC GM has taken this step. The launch of Buick Avenir is a more substantial step for Buick to advance to the high-end field in recent years. In fact, Buick has launched high-end models such as Rongyu and other high-end models before. At the Boao Forum for Asia in 2008, the organizers chose Buick Boulevard as the "only designated VIP car". Buick has also been leveraging cultural and artistic platforms to enhance brand perception, and a series of brand promotion and sponsorship activities have indeed effectively solidified the foundation of Buick’s brand’s continuous improvement.

The practice of providing high-end models through the release of sub-brands on the basis of existing models is actually not unique to Buick. For example, the version of the model, such as the Vignale version, and then looking back, you can also find the Ford Ghia brand. If we expand the definition of sub-brands from high-end to sports, we will also include such things as the Polaris series, series, etc. The case has proved that the introduction of sub-brands can quickly increase brand influence and model awareness.

However, all of this is also conditional.

First of all,The premise of enhancing brand influence through the launch of high-end sub-brands is that the brand itself requires basic brand power.

When we turn back the clock of history, we always find the intersection of Buick and the upper class. General Zhang Xueliang’s special car was a Buick, and President Roosevelt’s gift to Qingling was a black Buick, Premier Zhou’s exclusive car or a Buick.

As one of the early brands to enter the Chinese market, the Buick brand has gained a certain reputation in the luxury car market in the early years by virtue of the advantages of imported cars and the early domestic Buick Century and other models. Subsequently, with the launch of a series of family sedans such as Buick, the Buick brand has also completed a wider coverage of the brand, realizing the transformation of Wang Xie in the old days and flying into the homes of ordinary people. After more than ten years of hard work, the Buick brand has become one of the most influential mainstream brands in the Chinese auto market. Many consumers regard Buick as a mid-to-high-end brand, which is the basis for the brand to continue to improve.

In recent years, Buick has improved its market share and brand span through the rapid update of models and the continuous enrichment of its product lineup. At present, the Buick brand has completed the layout of three major car series: high-end comfortable models, high-end coupes, and high-end SUVs, and has opened the product layout of "Buick Blue" new energy vehicles, which constitutes the first premise for the release of the Avenir sub-brand.

Secondly,Brands must have sufficient product strength and sales to support the development of high-end sub-brands.

Compared with the parent brand, the sub-brand is still a niche after all, not to mention that the sub-brand of Buick Avenir still relies on the development idea of the parent brand’s existing models. Therefore, this puts forward higher requirements for the sales and product strength of the parent brand.

Let’s take a look at Buick’s recent market performance.

According to relevant data, in the first three quarters of this year, the brand completed sales of 870,104 vehicles, an increase of 26.89% year-on-year. In the most recent August and September, the SAIC-GM Buick brand completed monthly sales of more than 100,000 vehicles for two consecutive months. In terms of sub-models, 26,448 vehicles were sold in September, 8,999 vehicles were sold, 8,000 vehicles were sold, 36,386 vehicles were sold, 17,992 vehicles were sold, and 56,333 vehicles were sold in the first three quarters. Among them, Envision’s sales in September increased by 82.2% year-on-year, setting a record high in sales for the month. The cumulative sales in January-September reached 18,028 vehicles, successfully occupying the first position in the joint venture SUV market.

The SUV market is currently the fastest growing market in the domestic market. According to the statistics of the China Association of Automobile Manufacturers, the average growth rate of the SUV market is more than 50%. In this segment, the Buick Envision is in the first camp of the sales rankings and is one of the few joint venture SUVs in the top ten SUV sales rankings.

From the product point of view, the success of the Buick Envision lies in cleverly grasping the connection point between the mid-range SUV and the compact SUV, which is the pain point of the joint venture SUV market. Take the mainstream compact SUV as an example. Under the standard styling ratio, the compact SUV, especially the joint venture brand’s compact SUV, often has the disadvantage of small size and space. The mid-range SUV above this has caused young consumers to have some concerns because of its excessive size. The appearance of the Envision just solves this contradiction.

In fact, I think the Envision’s positioning is still very forward-looking. This level of SUV is a huge market that is rapidly heating up, and in addition to the Envision, there will be more models to join the competition in the future. For example, the Kodiaq just unveiled at the Paris International Motor Show this year, and the new generation of long-wheelbase Tiguan that is about to debut, the new generation of fully enlarged size, and so on.

In the large MPV market, no one can shake the position of the Buick GL8. The success of the Buick GL8 lies in providing a very rich selection of product camps in the MPV market to adapt to diverse consumer needs. The upcoming new generation GL8 also realizes comprehensive coverage from the business MPV market to the high-end private MPV market. Such volume is rare in the current MPV market. For example, the smaller size has always been a household attribute that is larger than the business attribute. In addition, from the perspective of the product, in the MPV market, the Buick GL8’s driving texture will better fit the market’s perception of MPV, including the smoothness of the power, the comfort of the chassis, and so on.

From a design perspective, the success of the new LaCrosse lies in the deepening of American design. The design of the new generation of LaCrosse brings the design of traditional American luxury cars into the design language. The interior pays attention to a comprehensive sense of wrapping and the use of warm colors. In the exterior design, sculptural aesthetics are integrated into the design to stretch the lines of the whole car. The posture of the new LaCrosse is highly consistent with the positioning of its mainstream consumer population, which is the key to its success.

In the family car market, New Yinglang has been a dark horse since its launch last year. The key to success in this market segment is actually two points. To create a well-balanced sedan under a good brand, New Yinglang has indeed achieved this. On the other hand, Valeant is on this basis to emphasize the quality of the vehicle itself and better cater to the overall positioning of the Buick brand.

In terms of the application of new technologies, the Buick brand has always been a pioneer in in-vehicle technology upgrades. For example, the first generation of the OnStar system pioneered in-vehicle intelligence. At present, Buick is also a loyal fan of green intelligent technology. The latest generation of in-vehicle intelligent interconnection system integrates 4GLTE, Apple CarPlay, Baidu CarLife and other interconnection functions. And this series of Internet technologies has been rapidly popularized in Buick’s models, providing users with a car experience in the Internet + era. Therefore, whether it is from the perspective of the overall sales volume of the Buick brand, the positioning of sub-models and the application of new technologies, the Buick brand has the scale to support a high-end sub-brand.

And thirdly,The improvement of service level is a necessary condition to support the development of high-end sub-brands.

If the product itself is regarded as the hardware facilities that support the development of high-end sub-brands, then the service is the software facilities behind it. Especially for high-end sub-brands like Buick Avenir that rely on the development of the parent brand, the premise of its birth is that the service of the parent brand meets its high-end needs.

In the field of after-sales services, Buick has indeed always paid attention to the shaping of brand perception. In 2002, Buick created China’s first after-sales services brand "Buick Care", which brought automotive after-sales services from traditional passive services to the era of active care, emphasizing the initiative of after-sales services. In May this year, Buick Care released a new brand identity and launched a series of innovative service projects. To comprehensively improve the service experience and provide users with a more contemporary service concept, the upgrade of "Buick Care" is also an important step to enhance the value of the Buick brand. With the launch of the Avenir sub-brand, it is expected that Buick Care will also launch exclusive services for the Avenir sub-brand.

It is not difficult to find that the release of the Buick Avenir sub-brand is accompanied by the overall improvement of the Buick brand’s brand influence, product strength and service capabilities, which is also an inevitable development of the brand. In turn, the release of the Avenir sub-brand will further meet the needs of the Buick brand in the high-end consumer market after the brand power is enhanced, which complement each other.

So, to answer the question raised by the title of this article, the answer is yes. For Buick, now is indeed the time to break through. Of course, shaping a new sub-brand also requires the baptism of the market and time, we will wait and see.

通过admin

Auto Show | Mercedes-Benz unveiled 27 models.

"In the first quarter of this year, Mercedes-Benz developed healthily and steadily with high quality in China, and the sales of high-end luxury brands and new energy vehicles both achieved double-digit growth." Jan Madeja, President and CEO of Beijing Mercedes-Benz Sales & Service Co., Ltd., said that the appearance of a number of heavy-duty pure electric vehicles of Mercedes-Maibakh, Mercedes -AMG and G-class off-road vehicles will interpret a new definition of sustainable luxury travel and create diversified luxury experiences for different customer groups.

通过admin

Revealing the daily limit | The upcoming Global Game Developers Conference will strengthen the game and cultural media sector.

On March 13, the three major stock indexes of A shares closed down, closing at a daily limit of 62 shares (including 5)ST shares); 30 strands failed to seal the board, and the overall sealing rate was 67%.

Battlefield of daily limit: over 700,000 hands pay the bill to raise money.Xingguang stock

securitiesAccording to the statistics of Times and DataBao, from the closing daily limit, the number of closed orders was the highest, with 717,200 lots; Followed byZhongdian xingfaRongji softwareThe daily limit orders were 568,800 lots and 311,000 lots respectively.

Calculated by the amount of the seal,The amount of 5-share seal exceeds 100 million yuan,China softwareThe amount of sealing orders was the highest, with 362 million yuan, 293 million yuan and 199 million yuan respectively.

Judging from the number of consecutive daily limit days,Aiai precision workLihang technology7 boards,Ming pu guang ci, 4 connecting plates,,Zhangyue technologyYinglian stockPutian technology3 even the board,,Winning numbers jewelleryJi’ nan high-techCaesar cultureEqual to 9 strands and 2 boards.

Besides,ST huatie6 th, 4 boards,*ST meisheng5 th, 3 boards,Luoxin pharmacy2 boards on the 4th,Beijing keruiBaw blue valleyST Shuguang3 rd, 2 boards.

Leading the finishing touch:new energyMulti-share daily limit of automobile industry chain

1. Automobile industry chain

Daily limit stocks:,Lan hai Hua TengSongzhi stockShanzi stockYingli automobileDongan powerBaida precision work

March 12 th news,Xiaomi automobileIt is officially announced that Xiaomi SU7 will be officially listed on March 28th, 2024. On March 11th, the director of the State Financial Supervision and Administration said that he was studying to reduce the down payment ratio of passenger car loans and further optimize the pricing mechanism of auto insurance.

: On March 13th, the Ministry of Industry and Information Technology released the 381st batch of "Announcement of Road Motor Vehicle Manufacturers and Products", which included the brand-new smart choice vehicle Enjoying S9 jointly built by Huawei and Beiqi Blue Valley, and the production place was the Beiqi Factory in Caiyu Town, Daxing, Beijing.

: wholly-owned subsidiaries Wuxi, Xu Xuehai and Xinneng.Venture capitalThe establishment of Wuxi Huateng Xinneng will focus on the early stage of Huateng Xinneng.fuel batteryTechnical reserve and research and development of automobile drive system, plug-in hybrid electric vehicle drive system (including extended range) and new energy marine drive system.

: The company has obtainedJACThe passenger car thermal management project cooperated with Huawei is still in the development stage, and the production has not been actually scheduled, which will generate sales revenue after mass production.

2、gameandCultural media

Daily limit stocks:Borui spreadCentury huatongMingchen healthyDasheng culture、、Huicheng technology

In the news, the Global Developers Conference will be held in San Francisco from March 18th to March 22nd, Beijing time.

: Two companies under the company belong to game developers, and independently research and develop well-known IP such as "Chivalrous Road".online gameThe product line covers mobile games, page games and end games.

: AI Xinghe is a project that the company explores the field of "game+medical care" by combining AI and VR technologies.

3、Xinchuang

Daily limit stocks:, Rongji software,Jiuqi softwareenormous data

In the news, Huawei Shengsiartificial intelligenceThe framework summit will be held on March 22, 2024.

: The company’s position in the operating system industry of Galaxy Kirin continued to consolidate, and its market position remained ahead.

Rongji software: the company undertakes government affairs.cloud computingPlatform, engineering, information security and other major national information projects, as well as core business support systems and key common technology platforms in many industries.

The company is mainly engaged in the research and development of report management software, e-government software, ERP software and business intelligence software, and its product line mainly covers government reports and statistics. existbig dataThe application field introduces industry solutions focusing on finance and taxation.

Dragon and Tiger Stand: Net Buy of Dragon and Tiger ListCitic HaizhiOver 80 million yuan

In today’s dragon and tiger list,Insai group、、Shenzhou high-speed railBoshi stock, American new technology,Beilong precisionChuanrun stock,, Lanhai Huateng and others are on the list.

Among them,,, were the top three net purchases in the Dragon and Tiger List that day, with 82.7471 million yuan, 69.0448 million yuan and 41.9992 million yuan respectively.

Among the stocks on the list of institutional seats, the top three net purchases areHuaci stockXingyuan zhuomei, 4.0402 million yuan, 1.3746 million yuan and 166,000 yuan respectively.

ShengutongNet selling of dedicated seatsHigh-tech development56.8152 million yuan, 55.1538 million yuan.Shanghai Stock ConnectNet purchase of dedicated seatsGuoguang electricity23.7335 million yuan,Dongmu stock20.2571 million yuan.

In terms of hot money, Huaxin Xi ‘an Branch bought a net amount of 73.0073 million yuan from CITIC Haizhi;Citic jiantouThe sales department of Qinghe East Road in Guangzhou sold century huatong 71,291,700 yuan.

Disclaimer: All information in DataBao does not constitute investment advice, and the stock market is risky, so investment should be cautious.

通过admin

Christmas season is coming, and the street festivals in Paris, France are full of flavor.

This article was transferred from vision china; On November 24, 2021, local time, in Paris, France, Christmas is coming, and the streets of Paris are full of festivals, and major shopping malls are lit up by Christmas Day decorations.
This article was transferred from vision china; On November 24, 2021, local time, in Paris, France, Christmas is coming, and the streets of Paris are full of festivals, and major shopping malls are lit up by Christmas Day decorations.
This article was transferred from vision china; On November 24, 2021, local time, in Paris, France, Christmas is coming, and the streets of Paris are full of festivals, and major shopping malls are lit up by Christmas Day decorations.
This article was transferred from vision china; On November 24, 2021, local time, in Paris, France, Christmas is coming, and the streets of Paris are full of festivals, and major shopping malls are lit up by Christmas Day decorations.
This article was transferred from vision china; On November 24, 2021, local time, in Paris, France, Christmas is coming, and the streets of Paris are full of festivals, and major shopping malls are lit up by Christmas Day decorations.
This article was transferred from vision china; On November 24, 2021, local time, in Paris, France, Christmas is coming, and the streets of Paris are full of festivals, and major shopping malls are lit up by Christmas Day decorations.
Reporting/feedback
通过admin

How did the United States hurt the world by raising interest rates ten times?

  A few days ago, the Federal Reserve made its 10th decision to raise interest rates in the past 14 months, which once again triggered market shocks. Continued interest rate hikes have not only brought the United States closer and closer to the economic recession, but also caused the whole world to take the blame for the United States.

  Europe, which is the most tightly bound by American strategy, took the lead in responding, followed by the United States to raise interest rates passively for the seventh time since July last year.

How did the United States hurt the world by raising interest rates ten times?

  △ Yahoo News reported that the European Central Bank held a monetary policy meeting on May 4 and decided to raise the three key interest rates in the euro zone by 25 basis points. The main refinancing rate, marginal lending rate and deposit mechanism rate were raised to 3.75%, 4.00% and 3.25% respectively from the 10th of this month.

  However, the analysis believes that the monetary tightening policy has led to the continued weakness of the euro zone economy, and the European Central Bank will still be in a dilemma between curbing inflation and seeking economic growth.

How did the United States hurt the world by raising interest rates ten times?

  △ US Consumer News and Business Channel website reports: According to Eurostat data, in the first quarter of this year, the GDP of the euro zone only increased by 0.1%, which was less than expected, and the German economy stagnated.

  This dilemma is certainly not limited to Europe.

  Due to the hegemony of the US dollar, the Fed’s aggressive interest rate hike this round made the yield of US bonds rise and the US dollar strengthened rapidly. Its spillover effect induced large-scale capital to flow to the United States, which made the stock markets, foreign exchange markets and bond markets of many countries suffer violent impacts, forcing these countries to follow the interest rate hike in order to maintain macroeconomic stability, thus increasing their own economic recession risks.

How did the United States hurt the world by raising interest rates ten times?

  △ Most central banks in the world are raising interest rates at a synchronous rate that has not been seen in the past 50 years (screenshot of the US "Investment Encyclopedia" website report)

  "Fed’s interest rate hike will aggravate the global debt crisis"

  According to the analysis of experts from the World Bank, in the past year or so, the rise of interest rates in the United States was mainly driven by the "reaction shock" triggered by investors’ expectation of the Fed’s shift to a tougher monetary policy stance.

How did the United States hurt the world by raising interest rates ten times?

  △ Screenshot of World Bank official blog report

  The rise in US interest rates driven by "reaction shock" is particularly harmful to the financial markets of emerging markets and developing economies. Facts have proved that the sharp rise in interest rates in the United States and the corresponding rise in the foreign exchange value of the US dollar have had a significant spillover effect on the borrowing costs of emerging markets and developing economies. The debt levels of many emerging markets and developing economies have generally soared, and the debts of many governments have reached record highs. Some countries have fallen into financial difficulties and even defaulted on their debts.

How did the United States hurt the world by raising interest rates ten times?

  △ The report "Debt Relief for Green and Inclusive Recovery (DRGR)" jointly released by the Center for Global Development Policy Research of Boston University, the Center for Sustainable Finance of the School of Asian and African Studies of London University and the Heinrich Burr Foundation in April shows that during 2008-2021, the sovereign debt of emerging markets and developing economies increased by 178%, from $1.4 trillion to $3.9 trillion.

  The US Consumer News and Business Channel also warned that the Fed’s interest rate hike will aggravate the global debt crisis. Debt payments in developing countries increased by 120% from 2010 to 2021, reaching the highest level since 2001. The average proportion of government revenue used to pay foreign debts increased from 6.8% in 2010 to 14.3% in 2021.

How did the United States hurt the world by raising interest rates ten times?

  △ Screenshot of US Consumer News and Business Channel website report

  Georgieva, managing director of the International Monetary Fund, warned that the Fed’s interest rate hike may "throw cold water" on the already weak recovery of some countries. The rising interest rate in the United States and the appreciation of the dollar may make it more expensive for countries to repay their debts denominated in dollars.

  By the end of 2022, the total debt of developing countries rose to a record $98 trillion.

How did the United States hurt the world by raising interest rates ten times?

  △ World Bank reports in official website: Rising interest rates and slowing global growth are likely to plunge a large number of countries into debt crisis. Debt servicing has brought the greatest pressure to poor countries since 2000.

  "Casino capitalism" is accelerating the flight of many countries from the US dollar.

  The history of dollar hegemony is the history of the United States arbitrarily harvesting world wealth.

  The Australian "East Asia Forum" website once published an article pointing out that in the 1970s and early 1980s, the Federal Reserve led by Paul Volcker reduced the inflation rate in the United States by raising interest rates aggressively, but pushed up the global interest rate, causing many emerging economies to default on their debts. The debt crisis after the Volcker shock made developing countries feel sad. The Fed’s interest rate hike has had a devastating impact on Latin America. The gross domestic product (GDP) in this area plummeted, and the unemployment rate and poverty rate rose sharply. There are similar experiences in debt-ridden countries in Africa. The Fed has not paid enough attention to how its wayward policy choices will affect the rest of the world.

How did the United States hurt the world by raising interest rates ten times?

  △ Australia’s "East Asia Forum" website report screenshot

  This is true. How can the Fed, which holds the hegemony of the US dollar, care about other places? !

  Eduardo Porter, an information columnist of Bloomberg, recently questioned: "Can the Fed led by Powell afford to ignore geopolitics?"

  The article points out that today, the Fed once again faces the high inflation in the Volcker era. As it is raising interest rates at the fastest rate in more than 40 years, "the original memory of people’s disillusionment with economic prosperity is resurfacing throughout Latin America and the wider developing countries."

How did the United States hurt the world by raising interest rates ten times?

  △ Screenshot of Eduardo Porter’s commentary reprinted on the Washington Post website.

  In connection with the direct and indirect damage caused by the United States’ indiscriminate unilateral sanctions against other countries by using the hegemony of the US dollar for many years, the international community generally believes that the economic and financial policies of the United States have become the biggest challenge to global financial stability, economic recovery and common development.

  Faced with the harm of dollar hegemony to the world economy, more and more economies have begun to take practical actions to safeguard their rights and interests. Many countries, including some American allies, have actively explored the path of "dollarization" by reducing US debt, promoting bilateral monetary agreements and diversifying foreign exchange reserve assets. In addition, central banks are still buying gold at the fastest rate since 1967.

How did the United States hurt the world by raising interest rates ten times?

  △ Reuters reports: In 2022, central banks bought a record 1,136 tons of gold, and in 2023, the trend of global central banks’ gold purchase continued.

  With the acceleration of the global "dollarization" process, the control of the US dollar as the world’s reserve currency on the international economic system is weakening. The data shows that in the past 20 years, the share of the US dollar in the international reserves of global central banks has dropped by 12 percentage points, from 71% to 58.36% in 2022, which is the lowest level since the data was recorded in 1995.

How did the United States hurt the world by raising interest rates ten times?

  △ Screenshot of Turkish Radio and Television Corporation (TRT) website report

  Peter Earle, an economist at the American Economic Research Institute, recently pointed out in his article "De-dollarization has begun" that the US dollar has gradually changed from an ordinary carrier of payment, settlement and investment to a financial tool used by the US government to implement unilateral sanctions. Especially after the escalation of the Ukrainian crisis last year, the US wantonly weaponized the US dollar, which accelerated the flight of many countries. "In the long run, ‘ De-dollarization ’ Will continue, and the dollar will lose power overseas sooner or later. "

How did the United States hurt the world by raising interest rates ten times?

  △ Screenshot of the article on the website of the American Economic Research Institute

  Pepe Escobar, a Brazilian geopolitical analyst and senior journalist, called American monetary policy "casino capitalism" in an interview with the media. He pointed out that after weighing the pros and cons, more and more countries found that the US dollar was not safe. The aggressive U.S. sanctions policy and reckless government spending have significantly reduced the international appeal of the dollar. The upcoming BRICS summit in South Africa may be the key to progress in dollarization. The dollar-centered world order is doomed to end.

How did the United States hurt the world by raising interest rates ten times?

  △ Sputnik news agency & radio report screenshot

  Source: Global Information Broadcasting "Global Deep Observation"

  Planning Wang Jian

  Reporter Shan Lijuan

  Editor Yang Nan

  Qian Shen Zou Haoyu

  Producer: Jiang Aimin

通过admin

UEFA has cooperated with the parent company of French football, and will jointly hold the Golden Globe Award from 2024.

On November 3rd, UEFA and media company Groupe Amaury (the owner of French football magazine and team newspaper) announced today that they will jointly organize the famous Golden Globe Award from 2024. The common goal of UEFA and Amauri Group is to enhance the status and global influence of the award, and at the same time cultivate the sense of unity and cooperation in football.

Since 1956, the Golden Globe Award has been awarded by the French football magazine every year, which is the most prestigious honor that a football player can get in recognition of the outstanding achievements and extraordinary talents of the award-winning players. As part of the agreement, Amauri Group remains the owner of the Golden Globe brand and will continue to supervise the voting system, which will remain unchanged and independent. UEFA will contribute its football expertise, market global commercial rights and organize the annual awards evening.

In addition, the plan will add two new awards, the Men’s Football Team and the Women’s Football Team Coach of the Year Award, which will recognize the valuable contribution of coaches. The current trophy lineup will keep the same names as before, namely, Golden Ball Award for Men’s Football Team, Golden Ball Award for Women’s Football Team, Copa Award (U21 Best Player), Yaxin Award (Best Goalkeeper), Gade-Mueller Award (Top Shooter last season), Club Award for Men’s Football Team, Club Award for Women’s Football Team and Socrates Award (Humanitarian Contribution).

UEFA President Cheferin said: "In the past 70 years, the Golden Globe Award has been the most prestigious personal honor in football, a proof of the extraordinary skills, dedication and influence of football legends, and an immortal mark left by them in the history of football. The competitions between UEFA clubs and national teams, such as the Champions League and the European Cup, are considered to be the highest stage for elite players in the world, and usually play a key role in the candidates for major honors and their position in the football temple. UEFA and Golden Globe are synonymous with sports Excellence, so our cooperation will be a natural integration of Excellence and synergy, which will be unparalleled. "

Jean-étienne Amaury, CEO of Amauri Group: "The Golden Globe Award is the dream award of the greatest players in the world. We hope that the Golden Globe Awards Ceremony will become a global event to showcase and highlight the individual and collective performances of top football players, inspire all football talents, and aim to gather the passion and enthusiasm of fans from all over the world. "

This cooperative relationship has further consolidated the relationship and historical ties between UEFA and Amauri Group, which can be traced back to more than half a century ago, when Team Newspaper contributed to the idea of creating the European Champions Cup, which has become the world’s top club competition, that is, the current European Champions League.

(eagle)