Russia's central bank hikes rates to fight inflation fuelled by military spending
Russia's central bank raised its interest rate by a full percentage point on Friday as government military spending in its invasion of Ukraine strains the economy.
Global leaders expressed mixed reactions to Donald Trump’s second-term inauguration. Ukrainian President Zelensky emphasized peace through strength, while NATO highlighted increased defense spending. Israel’s Netanyahu celebrated a stronger alliance, and India’s Modi expressed enthusiasm for renewed collaboration. EU and Germany emphasized transatlantic ties, while Canada highlighted economic partnership amid tariff concerns. Trump’s return reignites international focus on diplomacy, alliances, and shared prosperity across the globe.
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Attendees at Ukraine-related events at the World Economic Forum in Davos, Switzerland, gathered to listen to US President Donald Trump’s inauguration speech.
Credit: euronews (in English) Duration: 02:32Published
As Donald Trump prepares for his second term, Russian President Vladimir Putin has extended his congratulations and expressed a willingness to discuss key global issues, including the ongoing war in Ukraine and nuclear arms. With the conflict in Ukraine escalating, Putin's message signals an openness to dialogue with the incoming U.S. administration, raising expectations for potential shifts in foreign policy. Watch as these global leaders prepare for talks that could shape international relations in the coming years.
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Donald Trump Jr. claims that Ukrainian President Volodymyr Zelensky unofficially asked for an invitation to President-elect Donald Trump’s inauguration three times, only to be refused each time. Mocking Zelensky’s comments about not attending, Trump Jr. called him a "weirdo." This incident highlights tensions in US-Ukraine relations, especially regarding Trump’s stance on the ongoing conflict between Ukraine and Russia.
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The Darth Vader theme tune suddenly bleeps from the underbelly of a Ukrainian drone as a marine attaches a mortar round to it before launching the aircraft.. Sky News
Bank of England governor Andrew Bailey has said he is "optimistic" that inflation pressures would ease sufficiently for the central bank to cut rates further.
Report by Ajagbef. Like us on Facebook at..
The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.
Credit: euronews (in English) Duration: 01:07Published
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