US Treasury Secretary Scott Bessent expects Zelenskiy to sign an economic partnership agreement. The agreement provides for access to Ukraine's resources and the purchase of American energy in exchange for support.
The US Treasury Secretary reassured about the security of taxpayer data during the work of the Musk team. The DOGE team has identified potential savings of $50 billion and has limited access to the systems.
The UK government is investing £2. 5 billion to modernize the steel industry. The decision was made in response to the threat of a 25% tariff on steel imports by the United States.
During a conference in Germany, Elon Musk said that he has no plans to buy TikTok and has no plans for this platform. The billionaire emphasized that he does not use TikTok himself, and Twitter was an exception in his approach to creating companies.
Trump's special envoy Keith Kellogg denied that he would present a “peace plan” at the Munich conference. He will only hold discussions with European leaders and report the results to the US president.
In January, oil revenues to the Russian budget approached an annual minimum due to falling prices. Total oil and gas revenue amounted to RUB 789.1 billion, of which 73% came from the oil sector.
British Prime Minister Keir Starmer plans to appeal to EU leaders to strengthen their role in the defense of Europe. At the meeting in Brussels, he will also discuss the continuation of military support for Ukraine.
Taiwanese authorities have banned government agencies from using the technologies of Chinese AI startup DeepSeek due to security concerns. The decision is related to the risk of data leakage to the Chinese government.
The flow of oil through the Russian port of Ust-Luga stopped on January 29 after a Ukrainian drone attack. The port handled about 20% of Russia's maritime oil exports, and repairs to the damaged infrastructure will take at least a month.
The US Secretary of Defense has temporarily suspended new contracts with the Army to reassess equality provisions. The decision does not affect existing contracts.
US President Donald Trump has ordered the publication of classified documents on the assassinations of John and Robert Kennedy and Martin Luther King. The declassification plan must be submitted within 15 days.
The President of Ukraine said that fair negotiations are possible only after the withdrawal of Russian troops to the line on February 24. Zelenskyy is also seeking security guarantees from the United States before possible negotiations.
Bitcoin hit a historic high of $109,241, up 5. 5%. The growth came after Donald and Melania Trump launched memecoins that shook up the cryptocurrency market.
The Bloomberg Dollar Index is down 0. 3% after Trump's phone call with the Chinese president. Traders are reducing positions on the US dollar due to limited liquidity on the eve of the inauguration.
New US sanctions have stopped 10% of Russia's shadowy oil transportation fleet. About 65 tankers with Russian oil cannot enter the ports of China and other countries.
Three Russian Arctic oil fields have faced serious disruptions due to US tanker sanctions. The restrictions could lead to a halt in production due to a lack of oil storage capacity.
Global banks are planning to cut about 200 thousand jobs in 3-5 years due to the introduction of AI. According to forecasts, it can increase bank profits by up to 17% in 2027.
Donald Trump said that on the first day of his presidency he would lift Biden's ban on oil and gas drilling in US coastal waters. Biden had previously blocked the development of 625 million acres, considering it risky.
The US President plans to ban the development of oil and gas fields on 625 million acres of coastal territory. The ban will affect the Atlantic and Pacific Oceans and the eastern part of the Gulf of Mexico.
Judge Juan Merchant rejected a motion to overturn the verdict in the case of payments to the porn star, but hinted at avoiding imprisonment. Trump was found guilty of 34 counts of falsifying documents.
The General Staff reports 92 combat engagements per day, 33 of which took place in the Kursk region of Russia. Ukrainian defenders are holding back enemy attacks in various areas and inflicting significant losses on the enemy.
Gas prices in Europe rose by 4. 3% after transit through Ukraine was cut off. Traders predict further price increases due to winter frosts and limited alternative supply routes.
Bitcoin's price dropped to $93,670, $15,000 below its December record. The cryptocurrency is up 120% year-to-date, but expectations for Fed rates have cooled the market.
Ukrainian troops have already lost half of the seized territory in the Kursk region of Russia. According to Bloomberg, due to the lack of manpower and the presence of North Korean troops, the Ukrainian Armed Forces may be forced to retreat by spring.
Elon Musk's fortune is growing rapidly and is approaching the $500 billion mark. In 2024, he earned $245 billion thanks to the growth in the value of his companies' shares.
Experts question the effectiveness of Trump's tax initiatives due to the record $1. 83 trillion budget deficit. Most of the proposed benefits are focused on voters rather than long-term economic growth.
According to Bloomberg, Russia may launch an intermediate-range Oreshnik ballistic missile at Ukraine. The United States does not consider this weapon a game-changer.
Due to the prolonged drought in Brazil, production of Arabica coffee will fall to 34. 4 million bags. The global coffee shortage will continue for the fifth year in a row. This has already led to a historic high in prices since 1972.
McKinsey predicts that by 2030, women will own 38% of the $34 trillion in U. S. investment assets. This growth is driven by women's longer life expectancy, successful careers, and inheritance.
China is introducing new restrictions on the export of key components for the production of UAVs to the United States and Europe. This could significantly affect the production of drones in Ukraine, as China controls 80% of the component market.