Usa Financial News

Russia backed Trump who openly berated Zelensky on Friday and accused him of having «disrespected» the United States. Here are some key reactions from around the world, while Zelensky has thanked dozens of allies on social media for their «support».

Donald Trump and Ukrainian President Volodymyr Zelenskiy was becoming contentious on Friday when Vice President JD Vance, sitting on a couch across from Trump in the Oval Office, weighed in with a zinger. «With respect, I think it's disrespectful for you to come into the Oval Office and try to litigate this in front of the American media,» Vance told Zelenskiy, who had just challenged Trump's No. 2 to explain what he meant by advocating for diplomacy with Russia. «You should be thanking the president for trying to bring an end to this conflict,» Vance snapped.

Subscribe to enjoy similar stories. WASHINGTON : President Trump has spent his first weeks back in office undoing much of the handiwork of Congress—freezing spending that lawmakers authorized, idling agencies that were already funded and bypassing laws regarding immigration and independent agencies. A budget fight now brewing in Congress is becoming the first test of whether lawmakers will try to claw back any of their powers—or whether they accede to a new power alignment in Washington that centralizes far more authority in the White House.

Manoj Joshi, Distinguished Fellow, ORF, says right now we are only seeing the first stages in Mr Trump's economic outlook towards the world. Yesterday, he has announced a whole set of new tariffs. The reciprocal tariff system is yet to come in. I think it will come in in April. And so, yes, certainly the world is looking at a geopolitical disaster as well as an economic disaster. There is no doubt about that. ET Now: What do you make of what transpired last night in the Oval Office? Many foreign policy experts saying that this was unprecedented, but it was not altogether surprising, given the kind of statements that Donald Trump has made in the past with respect to Russia and, of course, the Ukrainian leader in particular.

Trump's initiative to slash spending, media outlets reported. It came a week after Elon Musk, the billionaire appointed by Trump to downsize the government, engineered a first mass email to the federal government's two million employees, ordering them to justify their work or risk being fired. The message, sent from the US Office of Personnel Management (OPM), the government's HR department, had created confusion among an already anxious workforce, as multiple federal agencies told staff to ignore it.

Gukesh, who lost the Tata Steel Masters in Wijk aan Zee to Praggnanandhaa on tiebreak, is behind second-placed Hikaru Nakamura (2802) while and Norway's Magnus Carlsen (2833) continues to be the top-ranked chess player in the world. The Indian Grandmaster has overtaken compatriot Arjun Erigiasi and USA's Fabiano Caruana.

Midcap stocks got hammered through February falling by as much as 30% as investors scurried to book profits or cut losses. The low-key sentiments on D-Street were on account of both the global and local factors. While Donald Trump's threats on reciprocal tariffs and fears of US economic slowdown weighed on the markets, nearly a third of the midcaps missing their Q3FY25 estimates and valuations were among local factors that pulled the pack. The BSE Midcap index fell by 4,500 points or 10% in February and this week's decline was more prominent as the 132-stock index plunged 4.4% or nearly 1,800 points. In this, 123 stocks ended the month in the red while just 9 stocks managed a positive closing.

NATO-member Turkey hosted initial talks between the sides months after Russia's 2022 full-scale invasion of Ukraine, helping secure a deal for the safe passage of grain exports in the Black Sea. It has said any future peace talks must include both countries. While repeatedly calling for a ceasefire since 2024, Ankara has welcomed the U.S. initiative to end the war, which was derailed by a public argument between the presidents of Ukraine and the United States in Washington on Friday.

Alastair Newton, CEO, Alavan Business Advisory Ltd, we can park Asia largely because Donald Trump has not really turned his attention to Asia, other than he had quite a warm meeting with the Japanese Prime Minister and as I mentioned a moment ago, had a very warm meeting with Narendra Modi. But for the moment, Donald Trump's attention seems to be largely, largely on Western Hemisphere, Panama, Mexico, Canada. He had that spat with Columbia right at the beginning of his current term of office, and in particular on Europe. ET Now: What really happens now, what do you anticipate will be the next set of steps because Donald Trump has stated that this was something that we had a very fruitful meeting in the White House. Much was learned that could have never been understood without conversation under such fire and pressure. Do you think that there will be a resumption of peace talks anytime soon between Ukraine and the United States?

White House clash between Ukrainian President Volodymyr Zelenskiy and Donald Trump divided the U.S. president's fellow Republicans and dimmed prospects that Congress will approve any further aid for Kyiv in its war with Russia. Some Republicans who had long supported Ukraine lashed out at Zelenskiy after Friday's exchange, in which Trump and Vice President JD Vance berated the Ukrainian leader before the world's media, accusing him of disrespect. Senator Lindsey Graham called for Zelenskiy to change his tune or resign, just hours after attending a friendly meeting between Zelenskiy and a dozen senators.

Donald Trump is making all of Vladimir Putin’s dreams come true in Ukraine, but even at the Kremlin officials find the head-spinning turn of events hard to believe. Friday’s extraordinary Oval Office humiliation of Ukrainian President Volodymyr Zelenskiy by the US leader and his vice president, JD Vance, exceeded anything Russia could have expected. The response out of Moscow was swift. Former President Dmitry Medvedev, now deputy chairman of Russia’s security council, said Trump told Zelenskiy “the truth to his face” before adding: “But it’s not enough — military aid should be stopped.” On the X social media platform, Medvedev called Zelenskiy an “insolent pig.”

rare mineral agreements between the US and Ukraine quickly unravelled into an extraordinary public confrontation. US President Donald Trump and Vice President JD Vance clashed with Ukrainian President Volodymyr Zelenskyy at the White House on Friday, exposing growing cracks in the relationship between the two wartime allies.

White House, a public handshake between two world leaders. Instead, it ended with sharp words, raised voices, and Ukraine’s delegation being asked to leave—with their untouched lunch still on the table. Friday’s meeting between US President Donald Trump and his Ukrainian counterpart, Volodymyr Zelensky, started off on a friendly note. Trump even called Zelensky «a great guy.» But within minutes, the conversation turned hostile. The breaking point? A discussion about diplomacy and the war in Ukraine.

«In order to pave the way for the implementation of leader Apo's call for peace and democratic society, we are declaring a ceasefire effective from today,» the PKK executive committee said in a statement quoted by the pro-PKK ANF news agency, referring to Ocalan. «We agree with the content of the call as it is and we say that we will follow and implement it,» the committee said.

Rupee against the dollar, says a report by Union Bank of India. In the first two months of 2025, the Indian rupee has already depreciated more than half the depreciation happened in all of 2024. By February 28 the Rupee has depreciated by 1.8 per cent against USD, this decline is already more than the 1.5 per cent depreciation seen in 2023 and nearly half of the 3 per cent depreciation recorded in 2024. The report said «change in stance of RBI governor Sanjay Malhotra who stated that the central bank is open to more flexible rupee and will allow it to move freely in tandem with its local peers as against former RBI governor Das who favoured a very stable rupee against the US dollar is also putting pressure on rupee».

Subscribe to enjoy similar stories. India and the UK have restarted negotiations for a free trade agreement, which had been in limbo for almost a year due to the 2024 general elections in the two countries. Besides negotiating easier market access for various goods and services, the two sides are discussing a bilateral investment treaty and a social security agreement for expatriate workers and professionals.

Subscribe to enjoy similar stories. WASHINGTON : President Trump said he would take one more question—and then everything fell apart. It had been a relatively polite Oval Office meeting between Trump and Ukrainian President Volodymyr Zelensky, who was in Washington on a mission to secure the U.S.’s continued support in the effort to end Russia’s three-year-old war.

«Of course,» Zelensky said when asked in a Fox News interview if the relationship with Trump could be salvaged. US-Ukrainian ties are about «more than two presidents,» he said, adding that Ukraine badly needs Washington's help in the fight against Russia's far bigger and better-armed military.

The exchange, which saw a frustrated Zelenskyy lectured by Trump and Vice President JD Vance over what they saw as his lack of gratitude for previous US support, delighted officials in Moscow, who saw it as a final breakdown in relations between Washington and the Ukrainian leader. But many Ukrainians on Friday seemed unfazed by the blowout between Zelenskyy and Trump, expressing a sense that the Ukrainian leader had stood up for their country's dignity and interests by firmly maintaining his stance in the face of chiding from some of the world's most powerful men.

Although Zelenskyy stood firm and did not apologise for the altercation, he deemed the episode «not good for both sides.» However, Zelenskyy expressed that it would be «difficult for us» to defend Ukraine from Russia if the US withdrew its support. He regretted that the clash with the US premiere was televised, but asserted: «Please be correct. I want to be polite.»

Subscribe to enjoy similar stories. Indian companies navigated yet more revenue-profit divergence in the December quarter, and India’s ranking declined significantly among its emerging-market peers in January. Meanwhile, India and the UK have resumed trade negotiations amid protectionist policies by the US.