President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow. Putin said he has "practically agreed" to the proposals to end the war outlined in summit talks with U.S. President Donald Trump in Alaska in August. "To say that we reject something is simply incorrect and has no basis in fact," he said Friday at his annual televised press conference in Moscow. "This issue is entirely on the side of our Western opponents, so to speak, primarily the leaders" of Ukraine and...
Annual inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), fell 2.7% in November, according to a report by the US Bureau of Labor Statistics (BLS) on Thursday. The US Bureau of Labor Statistics (BLS) will release key Consumer Price Index (CPI) data for November on Thursday at 1:30 PM GMT. The inflation report will not include the CPI for October and will not offer a monthly CPI figure for November, due to the lack of data collection during the government shutdown. Therefore, investors will be closely watching the annual CPI and core CPI figures...
The Bank of England cut Bank Rate by 25 basis points to 3.75%, its lowest level since 2022, as easing inflation and growing signs of economic stress prompted policymakers to act. This marked the first rate cut since August. Five policymakers voted to cut rates, while four others voted to keep rates unchanged. The Monetary Policy Committee (MPC) stated that future policy easing would be guided by developments in the inflation outlook, adding that the degree of policy restraint had eased. UK inflation slowed to 3.2% in November, the lowest in eight months and below the Bank of England's...
The United States ordered a blockade of Venezuelan oil tankers because the Trump administration believes President Nicolás Maduro's regime is acting detrimentally to the United States and the world. Trump has labeled the Venezuelan government a "foreign terrorist organization" and accused the regime of asset theft, terrorism, drug trafficking, and human trafficking. He has therefore decided to block tankers sailing in and out of Venezuela as part of an economic and political pressure campaign. This move is also part of a broader US pressure campaign, including the seizure of tankers...
Treasury Secretary Scott Bessent expects a substantial drop in inflation during the first six months of 2026, according to statements made Tuesday on Fox Business. Bessent indicated that an announcement regarding President Trump's Federal Reserve chair selection would likely come in early January, with "one or two more Fed interviews" possibly taking place this week. When discussing potential candidates, Bessent noted that both Kevin Warsh and Kevin Hassett are "very very qualified" for the position. He rejected suggestions that Hassett would lack agency at the Federal Reserve, while...
US retail sales were little changed in October as a decline at auto dealers and weaker gasoline receipts offset stronger spending in other categories. The value of retail purchases, not adjusted for inflation, was essentially unchanged after a revised 0.1% gain in September, according to a Commerce Department report that was delayed due to the government shutdown. Excluding auto dealers and gasoline service stations, sales increased 0.5%. Eight out of 13 retail categories posted increases, including solid advances at department stores and online merchants. Motor...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow.
Putin said he...