Chapter 705 Special Drawing Rights

These days, there are more than thousands of people who have had similar troubles.

Because three of the nine data processing centers established by Daxia have completed the first phase of the project and started processing data, many companies in Daxia have abandoned their foreign partners and transferred data processing to China.

Even if some foreign industrial companies join forces to boycott Jiuzhou Industrial Software, they cannot resist the overseas-only version made by Daxia companies after "borrowing" Jiuzhou Industrial Software.

Powerful data processing allows these companies to learn from the results of learning and begin to seize market share unstoppably. Foreign companies want to keep up with the pace, but they boycott Jiuzhou Technology while looking for Jiuzhou Technology to get authorization.

Although some companies are doing this, they have been rejected without exception.

There are also many professors, experts and scholars who are drooling when they see Daxia friends in their network circle being able to apply for endless supercomputing processing quotas every day, as well as those increasingly strange high-end equipment.

Jiuzhou Technology used to rely on Zhang Yuanfeng and other human resources to cast a net around the world, but now

A recruitment notice will be translated into dozens of languages ​​by "enthusiasts" and circulated wildly in the industries mentioned in the recruitment notice.

Some people come for a better R&D environment, some for the "employee benefits" provided by Jiuzhou Technology - Taoyao supply, Titanium Star Sanatorium and internal quotas for special medical projects.

And some people come for fame and success.

God has mercy on those young people who used to look down on themselves. After "hanging around" in Jiuzhou Technology for a few years, they have now become the developers of a certain project of carbon-based chip engineering.

In other words, Jiuzhou Technology did not publish textbooks and special publications, otherwise the names of these people would definitely be circulated in this industry for decades or even hundreds of years.

What triggered the hot topic of public opinion was the speech of a certain member of the American Yi.

"We are in close contact with Jiuzhou Technology in the hope of obtaining a supply channel for Jiuzhou Technology products within three months. In the future, these products will be sold and used in our state.

Yes, we will protect national security while taking into account the economic life of the people."

Later, there were media reports that the congressman was so radical in order to obtain the secret potion of Jiuzhou Technology. It is said that this potion is extremely rare and can not only rejuvenate people, but also pull the dying people back from the gates of hell.

The melon-eating crowds all over the world can't resist this legendary melon at all.

Afterwards, the matter of Taoyao's medical-grade life essence was exposed, and experts and scholars in related fields affirmed the effect of the potion.

"Under special circumstances, the effect of Taoyao's medical-grade life essence is shocking.

And it has a strong anti-allergic ability and can almost achieve positive treatment with our human body.

It's just that the production process of this potion is very complicated, and the share provided to us by Jiuzhou Technology is very scarce. Basically, it can only be used in some special cases, and it cannot be clinically popularized in a short time."

Affected by this, the stock of Suiren Company, which was already very popular, appreciated slightly again.

Because everyone knows that Suiren is the company that Jiuzhou Technology transforms its achievements, and there have been rumors that one of the conditions for Jiuzhou Technology to hold so many Suiren shares is that Suiren will build its own Taoyao production line in the future.

Musk confronted him first, and then the life essence was exposed.

The media rushed to publish press releases one after another like the New Year, but even so, there was news that could surpass the popularity of these things.

In April 1023, the Executive Board of the International Monetary Fund (IMF) completed an ad hoc review of the valuation of the Special Drawing Rights (SDR).

The Executive Board unanimously decided to maintain the existing basket of currencies, which is still composed of the US dollar, euro, yuan, yen and pound, and increase the weight of yuan from 10.92% to 15.28%, the weight of the US dollar from 41.73% to 43.38%, and the weight of the euro, yen and pound from 30.93%, 8.33% and 8.09% to 28.31%, 6.59% and 7.44% respectively. The new weight composition of the SDR will take effect on August 1 this year.

As soon as this news came out, economic experts and relevant departments in European countries, Japan and other small countries were all shocked.

The term special drawing rights may be a little unpopular, but it also has another name called "paper gold".

A book asset that can be used to repay debts to the International Monetary Fund and make up for the international balance of payments deficit between member countries. Its value is determined by a basket of reserve currencies consisting of the US dollar, euro, yuan, yen and pound.

When a member country has a deficit in the balance of payments, it can use it to exchange foreign exchange with other member countries designated by the Fund to pay for the deficit in the balance of payments or repay the loan of the Fund. It can also serve as an international reserve like gold and freely convertible currencies. Because it is a supplement to the original ordinary drawing rights of the International Monetary Fund, it is called special drawing rights.

It can also be regarded as a right in the economic field. The higher the proportion, the more it can bully others and gain more benefits.

And this decision of the Executive Board of the International Monetary Fund, intuitively speaking, is to directly give a shot in the arm to the American economy, and then give the rising Great Xia some weak positive feedback on paper data.

But in reality, it was America that personally stepped in, cutting off part of the profits of the other three companies and giving them to Daxia, creating enemies for Daxia while pocketing the bulk of the profits.

Just as these experts and scholars were blaming the arbitrary and rampant behavior of the Executive Board of the International Monetary Fund.

In order to save the US stock market and recover losses, the world's largest hedge fund Bridgewater launched a sudden attack and shorted Europe across the board!

On the day when the International Monetary Fund (IMF) announced the adjustment of its weights, Dalio's Bridgewater Fund became the largest short-selling institution in the European stock market.

According to data from professional information websites, the number of European companies shorted by Bridgewater increased to 20 in just two days.

Among them are the global lithography giant ASML, the former chip giant Infineon, the energy giant Total, the electrical giant Schneider, BNP Paribas, Santander Bank of Spain, Deutsche Börse, etc.

As of the close of European stocks on Wednesday evening, Bridgewater Fund, with an asset size of US$151 billion, had bet more than US$7 billion on shorting European stocks.

And some people found that it was not only Bridgewater that was shorting Europe, but also many financial tycoons on Wall Street were also entering the market in various ways.

In just three days, inflation in the eurozone hit record highs, European stock markets plummeted across the board, and the pan-European St00 index fell to its lowest point since January 2020. The German, Italian, British and Swiss stock indices all fell by more than 4%, the French stock index fell by more than 3.5%, and the Swiss stock index was directly in a bear market.