Hamilton Is Formula One Champion

The People's Bank of China cut interest rates, leading to a significant drop in the mainland 10-year bond yield, marking the first rate cut since 2012. Lewis Hamilton secured his second Formula One Drivers Championship by winning the final race in Abu Dhabi, expressing it as the happiest day of his life. Meanwhile, the European Commission, led by President Jean-Claude Juncker, plans to announce a €21 billion fund to encourage private investment by sharing risks with investors, with contributions from the European Investment Bank.

What was the significant financial action taken by the People's Bank of China?

• Increased interest rates

• Decreased interest rates

• Introduced a new currency

• Banned foreign investments

In which city did Lewis Hamilton win his second Formula One Drivers Championship?

• Monaco

• Silverstone

• Abu Dhabi

• Melbourne

Who was Lewis Hamilton's main competitor in the final race of the season?

• Sebastian Vettel

• Nico Rosberg

• Kimi Räikkönen

• Fernando Alonso

What is the purpose of the €21 billion fund announced by the European Commission?

• To fund educational programs

• To share risks of new projects with investors

• To enhance digital infrastructure

• To support agricultural development

How much is the European Investment Bank contributing to the new fund?

• €10 billion

• €21 billion

• €5 billion

• €16 billion