President Financial News

Subscribe to enjoy similar stories. Americans pay about three times what other wealthy nations do for branded prescription drugs. For years, policymakers have tried to fix this by cutting U.S.

Subscribe to enjoy similar stories. The US has formally withdrawn from the World Health Organization (WHO), a year after President Donald Trump signed an executive order to begin the process.

Subscribe to enjoy similar stories. Humankind has shown broad acceptance of three different kinds of currencies: widely-acceptable fiat currency (like the dollar or Indian rupee), extinct commodity-based currency (gold and silver coins, or even wheat bushels) and an emerging class of digital currency (such as stablecoins or central bank digital currencies or CBDCs). A fourth class of currency is being minted and popularized by US President Donald Trump: influence.

Subscribe to enjoy similar stories. President Trump’s overtures about acquiring Greenland are now reviving questions among the U.S.’s NATO allies over whether Europe can make enough of its own weapons to fight independently of America. Defense analysts and lawmakers mainly conclude yes, but not just yet.

Subscribe to enjoy similar stories. President Donald Trump and his Ukrainian counterpart Volodymyr Zelensky met in Davos, Switzerland on Thursday to discuss an end to Russia’s war. No concrete plans were drawn up, but both leaders emerged optimistic about their progress.

Subscribe to enjoy similar stories. “There are decades where nothing happens; and there are weeks where decades happen." The quote, often attributed to Lenin, aptly describes the first weeks of 2026. Over the last generation, several assumptions undergirded international relations and commerce.

Subscribe to enjoy similar stories. In the year commemorating the 250th anniversary of the signing of the Declaration of Independence, it is supremely ironic that 2026 could also mark a similar declaration by America’s historically staunchest allies. “We are in the midst of a rupture, not a transition," Mark Carney, Canada’s prime minister, starkly told the World Economic Forum in Davos, Switzerland, this past week.

Subscribe to enjoy similar stories. TACO may have saved the day, but like the storm hitting much of the country, markets could freeze up again. TACO, of course, is an acronym for Trump Always Chickens Out.

Subscribe to enjoy similar stories. When Venezuela booted out American oil companies in a nationalization campaign nearly two decades ago, China stepped in. Now, Beijing’s foothold there is in doubt as the U.S.

Subscribe to enjoy similar stories. NEW DELHI : The air in Davos this year was thick with trepidation. It wasn’t just anxiety about the global economy that weighed on those gathered at the World Economic Forum.

Subscribe to enjoy similar stories. With a swift offensive against a Kurdish-led militia last weekend, Syrian President Ahmed al-Sharaa proved himself once again to be a bold military tactician and a gambler willing to risk his relationship with the U.S. to achieve his aims.

Subscribe to enjoy similar stories. DAVOS, Switzerland—Rising tensions with the U.S. are spurring new plans in Europe to do something that has long seemed impossible: break with American technology in favor of homegrown alternatives.

Subscribe to enjoy similar stories. The Pentagon stuck a conciliatory tone toward Beijing in its new defense strategy, stating that its overarching goal is to establish “strategic stability" in the Indo-Pacific region and de–escalate tensions with the Chinese military.

Subscribe to enjoy similar stories. The positivity that investors felt at the start of 2026 has been replaced by negativity. The fact that the Nifty started the year at an all-time high has been forgotten.

Subscribe to enjoy similar stories. OTTAWA–Canada and the Trump administration are locked in a war of words over Prime Minister Mark Carney’s bid to chart a new model for smaller powers to fight back against the U.S.’s aggressive use of its economic and military might. In the past week, Carney has resolved a trade dispute with America’s biggest strategic competitor, China, and delivered a speech at the World Economic Forum in Davos, Switzerland urging smaller powers to unite against economic coercion from the world’s great powers.

Subscribe to enjoy similar stories. WASHINGTON—In a dizzying three weeks on the world stage, President Trump deposed Venezuela’s leader, threatened its neighbors with military action, raised the specter of new strikes on Iran and ignited—then tamped down—a diplomatic crisis with Europe over his efforts to acquire Greenland. At each fresh turn, Congress has found itself scrambling to keep up, sparking new debates among lawmakers about how to claw back constitutional powers from the presidency over matters of foreign policy in the Trump era.

Subscribe to enjoy similar stories. Better late than never: One year into the second presidency of Donald Trump, the world has reached an inflection point, as Canada’s prime minister, Mark Carney, made explicit in his speech at an economic summit in Davos. Having tried and failed to appease Trump’s imperialist bullying, middle powers such as his own country must and will instead “act together, because if we’re not at the table, we’re on the menu." Acting together, Carney said, will take the form of “variable geometries." Countries, whether traditional friends or foes of the United States, may form ad hoc coalitions to pursue specific interests, trade pacts to replace commercial links to the US that Trump has damaged or severed, cooperation in new or existing multilateral forums or even new military alliances.

Subscribe to enjoy similar stories. BEFORE CO-FOUNDING Nvidia, the pioneer of artificial-intelligence (AI) chips, Jensen Huang was a busboy at Denny’s, a restaurant chain. He playfully reminded people of this on October 28th while delivering water to panellists at his firm’s first big jamboree in Washington, DC.

Subscribe to enjoy similar stories. DAVOS, Switzerland—The West avoided an open rupture this week. But, instead of celebrating, European leaders are bracing for more serious shocks to the trans-Atlantic relationship in the months ahead.

Subscribe to enjoy similar stories. CARACAS, Venezuela—The country’s interim government unveiled a bill Thursday to loosen the state’s iron-tight control over its beleaguered oil industry, a move aimed at attracting U.S. energy companies but one that analysts say falls short of what is needed to unlock major new investments and revive output as President Trump has demanded.

Subscribe to enjoy similar stories. When French President Emmanuel Macron strode to the stage in Davos wearing a pair of reflective aviator sunglasses, many thought he was sending a message: It was time for someone in Europe to stand up to President Trump. Was Macron evoking Tom Cruise’s cocky fighter pilot Maverick in “Top Gun," signaling that he wouldn’t back down against Trump’s demands for control of Greenland? Others thought he might be throwing shade by wearing aviator-style sunglasses favored by former President Biden, the object of Trump’s constant derision.