## Today's News Summary (January 9, 2025) * **KDI Reports Increased Downside Economic Risks**: The Korea Development Institute (KDI) has analyzed that downside economic risks are growing as economic sentiment worsens due to slowing production growth and heightened uncertainty. * **Adjusting Guarantee Insurance Ratios for Jeonse Loans**: Financial authorities are reviewing plans to lower the guarantee ratio of guarantee insurance from 100% to 90% to manage the supply scale of jeonse loan provision. * **Business Leaders to Attend Trump's Inauguration**: Business leaders including Jeong Yong-jin, Chairman of Shinsegae Group, are scheduled to attend U.S. President Donald Trump's inauguration ceremony. * **November Current Account Surplus**: While the pace of export growth slowed, South Korea's current account maintained a surplus for the seventh consecutive month as imports of raw materials and consumer goods decreased. **Other News:** * Introduction of preferential interest rate item for elderly customers in insurance policy loans * KB Insurance launches 'KB Golden Care Nursing Insurance' with enhanced dementia and nursing coverage * Bitcoin price plummets as expectations for interest rate cuts decline amid favorable U.S. economic indicators * Trump designate considering declaring national economic emergency to implement universal tariffs