President Financial News
28.01 / 10:35
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Venezuelans suddenly have hope for the Economy. Less so for democracy.
Subscribe to enjoy similar stories. CARACAS, Venezuela—Weeks after a U.S. military raid ended the 13-year rule of Nicolás Maduro, Venezuelans are living through a whiplash transition that feels less like a democratic dawn and more like an economic takeover.
28.01 / 03:35
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India in talks with US, Venezuela over ONGC Videsh’s $600 million stuck dividends
Subscribe to enjoy similar stories. PANAJI : India has initiated government-to-government (G2G) level talks with the United States and Venezuela to resolve the issue of $600 million in dividends stuck in Venezuela for state-run ONGC Videsh Ltd (OVL), said two people aware of the development. OVL, the overseas arm of Oil and Natural Gas Corporation (ONGC), has held a 40% stake in the San Cristobal Project in Venezuela since 2008, with the country’s state-owned oil company Petróleos de Venezuela SA (PDVSA) owning the remaining 60%.
28.01 / 01:25
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Key Gulf allies say they won’t aid US in an Iran strike, limiting Trump’s options
Subscribe to enjoy similar stories. Saudi Arabia on Tuesday ruled out the use of its airspace and territory for a potential U.S. attack on Iran, complicating the Trump administration’s options in response to Tehran’s violent crackdown against Iranian protesters.
28.01 / 01:07
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Europe got tough with Trump, but it needs the US as much as ever
Subscribe to enjoy similar stories. European capitals closed ranks to push back against President Trump’s bid to control Greenland, but the Continent’s dependence on the U.S. for security, exports and technology means decoupling from its ally isn’t an option.
28.01 / 01:07
28.01 / 01:07
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Corporate bond issues slip 6% so far in 2025 as high yields turn borrowers cautious
Subscribe to enjoy similar stories. Companies in India reduced borrowings through corporate bonds in the current financial year, as significant changes in global trade and stubborn domestic yields mostly blunted the Reserve Bank of India’s easing cycle.
27.01 / 11:43
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Fed set to pause rate cuts, with no clear path to resuming
Subscribe to enjoy similar stories. Federal Reserve officials this week are expected to stop cutting interest rates for the first time since September, holding steady after three consecutive reductions. The harder question is what it would take to start again.
27.01 / 11:11
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MAGA is divided over the promise and perils of AI
Subscribe to enjoy similar stories. In the world according to the “War Room", a podcast hosted by Steve Bannon, a former White House strategist, woke liberals and shadowy globalists are out to get America. But in recent months the show has drawn a new battle line.
27.01 / 11:11
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travelers
Stung by Trump, America’s top trading partners cozy up to China
Subscribe to enjoy similar stories. U.S. trading partners, feeling burned by an unpredictable and transactional White House, are reassessing China in a drive to lessen their longstanding reliance on America.
27.01 / 11:11
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Rahul Jacob: Great power rivalry between the US and China is putting the developing world at risk
Subscribe to enjoy similar stories. More than three decades ago, the legendary Warren Buffett returned a call to a fact-checker, explaining what he meant when he used the term “elephant-bumping affairs." Buffett was gently deriding talkathons such as the World Economic Forum (WEF) and CEO summits hosted by business magazines. I was then working for Fortune magazine in New York and was the fact-checker Buffett called.
27.01 / 11:11
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The 48 hours that convinced Trump to change course in Minnesota
Subscribe to enjoy similar stories. WASHINGTON—The videos were splashed across cable news—and President Trump was paying attention. Working from the Oval Office as a winter storm barreled toward the nation’s capital, Trump watched as footage of a federal immigration agent shooting Alex Pretti, a 37-year-old intensive-care nurse and U.S.
27.01 / 02:41
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Gold’s dazzling new peak of $5,000-plus demands clarity on the financial world’s insecurity
Subscribe to enjoy similar stories. The price of gold has scaled yet another historic peak, leaping above the mark of $5,000 per ounce to reach $5,100 on Monday. About a year ago, it was at $2,770, but experts now expect the yellow metal to go past $6,000 by the end of 2026.
27.01 / 01:49
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Mint Quick Edit | The US Fed’s rate call this week: White House whim is unlikely to play a role
Subscribe to enjoy similar stories. US President Donald Trump’s open attempts at glaring the Federal Reserve down into rate cuts notwithstanding, it looks unlikely that America’s central bank will oblige as its two-day monetary policy review begins on Tuesday. Inflation is still above the Fed’s 2% target and could rise more as the economy gains momentum on the back of past cuts.
27.01 / 01:49
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Relationships
Europe is aiming to sign a long-awaited free-trade deal with India
Subscribe to enjoy similar stories. NARENDRA MODI’S guests of honour at Indian Republic Day on January 26th will not just be there to witness the pomp and parades. India’s prime minister has invited the European Union’s two top officials, Ursula von der Leyen, president of the European Commission, and António Costa, president of the European Council, which represents the EU’s member states.
27.01 / 01:13
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Trump’s high-stakes bid to dole out $100 billion more in tax refunds
Subscribe to enjoy similar stories. WASHINGTON—Republicans and President Trump designed their tax cuts for this moment, creating a refund bonanza that will land in Americans’ bank accounts well ahead of the midterm elections. The annual tax-filing season that opened Monday will produce a cash surge estimated at $100 billion beyond last year’s $329 billion total, and it is engineered to buoy Republicans’ sagging voter approval.
26.01 / 15:39
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The American city that found itself at war with the US government
Subscribe to enjoy similar stories. MINNEAPOLIS—For months, Jacob Frey, the Minneapolis mayor, felt a growing dread watching the number of federal immigration and Border Patrol agents swell from dozens to hundreds to thousands, all deployed to his city to carry out President Trump’s promise of the largest deportation of illegal immigrants in American history. “We’ve seen constant, constant, escalation," Frey said.
26.01 / 11:33
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Thucydides in Greece to Carney in Davos: What does India make of insights from ancient times?
Subscribe to enjoy similar stories. Recently, Prime Minister Mark Carney of Canada delivered a talk on rupture to rapturous applause. At Davos, Carney’s attention-getting point was about the end of the international “rules-based order" and its replacement by “might is right." In his view, this rupture is real and irrevocable and demands both individual and collective action by “middle powers." Deservingly, he has been praised for his courage and clear-headed reading of realpolitik.
26.01 / 11:33
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Fed independence is coming under attack. What it means for markets.
Subscribe to enjoy similar stories. President Donald Trump’s pressure campaign on the Federal Reserve, and on Fed Chair Jerome Powell in particular, will likely lead to higher inflation. That’s the implication of a new study into the impact of presidential pressure on the Fed.
26.01 / 09:49
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security
wellness
President
Inside
International
How Trump’s ally at the Fed is remaking bank oversight
Subscribe to enjoy similar stories. In September, President Trump’s pick to oversee banking supervision at the Federal Reserve met with the top officials from the central bank’s 12 regional districts and delivered a rebuke. The staff of the Fed’s quasi-independent regional banks are the ones who conduct most of its banking exams, ensuring the nation’s financial institutions are stable.
26.01 / 01:35
markets
Provident
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reports
International
A new accounting rule to rescue clean energy users from profit and loss volatility
Subscribe to enjoy similar stories. India’s accounting regulators have moved to shield corporate balance sheets from the whims of the weather gods, approving a key reform that will stop renewable energy contracts distorting profit-and-loss statements.
25.01 / 14:05
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Citi
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Headlines
Powell’s term as Fed chief ends soon. His words carry more weight than ever.
Subscribe to enjoy similar stories. The Federal Reserve will almost certainly leave interest rates unchanged at its policy meeting this coming week, keeping its benchmark policy rate at 3.5% to 3.75%. Markets know it.
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