Legendary investor Ray Dalio warned on Tuesday that the world is “on the brink” of a capital war, amid simmering geopolitical tensions and volatile capital markets. “We are on the brink,” Dalio said. “That means not in, but it means we are quite close to [capital war], and it would be very easy to go … Read more
Feb 3 (Reuters) – A new probe of Swiss bank Credit Suisse discovered 890 previously undisclosed accounts with potential Nazi links, a U.S. senator said on Tuesday, amid efforts to shine a light on what he said was the bank’s hidden role in World War Two crimes. Holders of the wartime accounts included the German … Read more
The 50 per cent US levy included a 25 per cent reciprocal tariff and an additional 25 per cent import duty imposed over India’s purchase of Russian crude oil. With the new deal, Washington has removed the extra penalty and lowered the overall rate. US President Donald Trump has announced a trade agreement with India … Read more
Feb 3 (Reuters) – European shares hit a record high on Tuesday, as a global rout in commodity markets appeared to stabilize, while the focus shifted to corporate earnings from the likes of Amundi and Siltronic. The pan-European STOXX 600 added 0.8% to 622.46 points by 0816 GMT, with basic resources adding 1.9% to lead sectors higher. … Read more
President Donald Trump and Prime Minister Narendra Modi took a major step to reset fractured ties with a surprise deal on Monday to slash tariffs, bringing much-needed relief to India’s economy. The US will cut its levy on goods to 18% from 25%, lower than most Asian peers, while an additional 25% punitive duty tied to purchases of Russian … Read more
Gold and silver prices rebounded on Tuesday after suffering a historic sell-off, with analysts suggesting that the recent corrections were more a positioning reset than a sustained downturn. Gold prices clawed back ground after falling on Monday and plunging nearly 10% on Friday — steepest single-day declines in decades. Silver also recovered modestly after a … Read more
For the first time since Russia launched its full-scale invasion of Ukraine in 2022, delegations from the United States, Ukraine and Russia are set to hold trilateral talks aimed at exploring a possible path toward ending the war. The landmark meeting will take place in Abu Dhabi, United Arab Emirates, over two days, marking a … Read more
A senior Greenlandic lawmaker has strongly rejected claims that NATO can negotiate Greenland’s political future, following remarks by former U.S. President Donald Trump suggesting a possible “framework deal” involving the Arctic territory. Aaja Chemnitz Larsen, a Greenlandic member of Denmark’s parliament, said NATO has no legal mandate to discuss Greenland’s sovereignty, mineral rights, or political … Read more
Denmark has said it is willing to hold talks with the United States on Arctic security and President Donald Trump’s proposed “Golden Dome” missile-defense system, but firmly rejected any negotiations involving its sovereignty over Greenland. The comments came after Trump announced that he had agreed to a “framework of a future deal” with NATO Secretary-General … Read more
President Donald Trump signed a sweeping executive order Tuesday targeting Wall Street-backed investors who have been buying up single-family homes, arguing the practice has priced American families out of homeownership and turned neighborhoods into corporate assets rather than places to live. The order directs multiple federal agencies to limit federal support for such purchases and calls on the Justice … Read more