[Republicans in the U.S. House of Representatives discuss amending the temporary funding bill: changing the duration from 31 days to 14 to 60 days] Rep. Graves, an ally of U.S. House Speaker McCarthy, said that the Republican Party is considering a temporary funding bill that will last from 14 to 60 days. House Republicans will advance four funding bills next week, but with just seven days until government funds run out, lawmakers need to pass a short-term measure to avoid a government shutdown. Republicans previously proposed a 31-day continuing resolution that would cut domestic spending and include a border bill, but faced some opposition. Now, House Republicans are racing to draft a new continuing resolution to gain enough support this week. The revised temporary bill being discussed would temporarily cut domestic spending by 27%, compared with the 8% cut in the original plan; include an immigration and border security bill and establish a debt commission to study welfare cuts.

U.S. Republican Congressman Gretl Graves: Republicans are considering a temporary funding bill that will last 14 to 60 days.

Market News: The wage increase agreement reached between the Ford Motor Company of Canada (Unifor) and Ford Motor Company (FN) sees all categories of monthly base benefits and special allowances in workers’ defined benefit pension plans reduced starting January 1, 2024. will increase.

Market News: Ford Motor Canada (Unifor) reached a record wage increase agreement with Ford Motor Company (FN) and secured $10,000 in productivity and quality bonuses for workers. In the first year of the deal, workers, including temporary workers, will start at nearly $30 an hour.

According to Nikkei: As part of the upcoming stimulus measures, the Japanese government is considering reducing the tax burden on manufacturers in important fields such as chips and batteries within 5-10 years, and considering providing support in areas where private companies face high entry risks. .

The U.S. National Hurricane Center said: Tropical Storm "Ophelia" made landfall in North Carolina.

Italy is reconsidering a windfall tax on banks to give them the option to add to their reserves rather than pay the tax, the draft shows.

Market news: India will extend the import license for laptops by one year.

The Biden administration is in preliminary talks with Vietnam and plans a large-scale arms transfer that could include fighter jets, sources said.

Market news: British Finance Minister Hunt met with the CEO of Amazon (AMZN.O) on September 23.

ECB Governing Council member Villeroy: Fuel prices will not affect the 2% inflation rate in 2025.

Gazprom: It will continue to deliver natural gas to Europe through Ukraine, with a delivery volume of 41.8 million cubic meters on Saturday.

According to Corriere della Sera: Italy will limit the scope of levying a windfall profits tax on the banking industry.

[Germany is seriously lagging behind in the electric car race] Barron’s Weekly said that just as the three major U.S. auto giants are struggling to deal with union strikes, German car companies Volkswagen, Mercedes-Benz and BMW also have their own troubles. — woefully behind in the race to an electric future. Can the Germans catch up? The market thinks it depends on which company. "Volkswagen is like a state-owned enterprise," said Ferdinand Dudenhofer, director of the German Automotive Research Center. "Over time it will become less important." Mercedes and BMW are launching electric luxury models that could challenge Tesla in two or three years. Philip Hawes, head of automotive research for Europe and the United States at Jefferies, said the huge profits from gasoline-powered vehicles give them ample funds to carry out expensive electrification transformation. "They can fund new technologies while also paying dividends, while some pure electric vehicle start-ups are experiencing financing bottlenecks."

Writers Guild of America West: The Writers Guild and Producers Guild negotiated on Friday and will meet again on Saturday.

On September 23, local time, the Philippine Institute of Volcanology and Seismology announced that the Taal Volcano still maintains a first-level alert level. The alert level for volcanic eruptions in the Philippines is divided into five levels from low to high.

National Hurricane Center: Tropical Storm Ophelia is expected to reach the North Carolina coast early Saturday morning, bringing potentially damaging winds and dangerous damage to parts of eastern North Carolina and southeastern Virginia. Storm surges and life-threatening flash flooding.

United Auto Workers of Canada (UNIFOR): Ford chapter leaders unanimously support the preliminary agreement previously reached.

European Commission Executive Vice President Dombrovskis: The EU’s recent strategy on economic security aims to reduce risks, but reducing risks does not mean decoupling.

European Commission Executive Vice President Dombrovskis: Global economic growth has slowed significantly since 2022 and may still be weak by historical standards.