Renewed tensions between the United States and Russia have resurfaced following an incident involving an oil tanker, sparking market concerns about potential disruptions to global energy supplies. Washington's move, associated with tightening oversight and enforcement of sanctions on Russian oil shipments, is viewed by Moscow as provocative and could worsen relations between the two countries. Russia views these actions as an attempt by the United States to suppress Russian energy exports and strengthen its dominance in the global oil market. Meanwhile, Washington argues that these measures...
Initial jobless claims in the US fell by 16,000 to 199,000 in the week ending December 27, a typically volatile period due to the holiday season, and well below market expectations of 220,000. The reading marked the lowest level since January, excluding the seasonally volatile Thanksgiving week, when claims briefly dipped to a three-year low of 192,000. Continuing claims also declined, falling to 1.89 million in the week ending December 20 from a downwardly revised 1.91 million in the prior period. Source: Tradingeconomics.com
Geopolitical tensions in Latin America are escalating again, particularly regarding Venezuela and pressure from US policies. This situation has prompted the BRICS countries to take cautious but strategic steps, with a primary focus on maintaining regional stability and protecting long-term economic interests. Rather than open confrontation, the BRICS have chosen the path of diplomacy and regional cooperation. Brazil, as a BRICS member and a major power in Latin America, plays a key role in fostering dialogue and preventing conflict escalation. Meanwhile, China and Russia are strengthening...
President Donald Trump said the US attacked a facility inside Venezuela, which would be a significant escalation in his campaign against alleged drug trafficking operations there. "There was a big explosion at the dock area where they were loading the ships with drugs," Trump told reporters on Monday, confirming comments from last week. Trump's statement about the attack inside Venezuela would mark the first time the US has announced a ground offensive in the country. The US administration has been increasing pressure on the government of Nicolas Maduro by bombing ships in the region and...
President Donald Trump held a phone call with Russian President Vladimir Putin on Monday to discuss efforts to end the war in Ukraine, according to the White House. White House Press Secretary Karoline Leavitt said in an interview that the two leaders had "concluded a positive call." The discussion came a day after Trump met with Ukrainian President Volodymyr Zelenskiy at his Mar-a-Lago resort in Florida, a meeting that did not produce any clear breakthroughs but saw the US president praise what he called "a lot of progress" toward a possible peace deal. Trump said after the meeting with...
The Kremlin said on Monday that Ukraine should withdraw its troops from the part of Donbas that it still controls if it wanted peace, and that if Kyiv did not strike a deal then it would lose yet more territory. Putin and Trump spoke on Sunday ahead of Trump's meeting in Miami with Ukrainian President Volodymyr Zelenskiy. Kremlin spokesman Dmitry Peskov said another call was planned very soon. Peskov refused to comment on the idea of a free economic zone in Donbas or on the future of the Zaporizhzhia nuclear power plant, which is controlled by Russia, saying that the Kremlin felt it was...
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...
European stock indices closed marginally lower on Wednesday as equities took a breather from their recent strong momentum, while investors continued to assess the outlook for the ECB's policy this...
The upcoming Supreme Court ruling on the legality of President Donald Trump's massive tariffs, which rocked markets in April, is one of the next major tests for US stocks and bonds.
Equity markets...