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Topic: Politics (3212)

Slovakia Debt Chief See Borrowing Cost Risk, Ukraine Keeping Yields High Δ1.62

The Slovak government's struggle to control its budget deficit and war-related expenses is expected to lead to prolonged borrowing costs for the country. The ongoing conflict in Ukraine and domestic political instability are exacerbating the risks associated with Slovakia's debt. The country's economy, heavily reliant on the automotive sector, faces significant challenges due to rising US tariffs.

Bitcoin and Ethereum Prices Soar After Trump Confirms U.S. Crypto Reserve Δ1.62

Bitcoin and Ethereum experienced a sharp rise on Sunday after Donald Trump confirmed that both would be included in a planned U.S. crypto reserve. In his initial post on Truth Social, Trump mentioned XRP, Solana, and Cardano but left out Bitcoin, leading to speculation. Hours later, he followed up with another post, writing, "And, obviously, BTC and ETH, as other valuable cryptocurrencies, will be the heart of the reserve."

Trump Announces U.S. Crypto Reserve With Bitcoin, Ethereum, Solana, XRP, and Cardano. Δ1.65

The U.S. strategic crypto reserve announced by President Trump marks a significant shift in the country's approach to digital assets, with multiple cryptocurrencies included in the mix. The move is seen as a response to market uncertainty following Trump's January executive order, which had raised concerns among Bitcoin advocates that the reserve could include other cryptocurrencies. Trump's commitment to Bitcoin and Ethereum suggests a strong focus on these two assets, but the broader implications for crypto regulations and the U.S. financial system remain unclear.

Email Marketing Surges in 2025: Digital Silk Unveils Key Statistics and Trends Δ1.55

Email marketing continues to be a cornerstone for businesses aiming to engage with their audience effectively. Global email marketing revenue was projected to surpass $9.5 billion in 2024, highlighting its robust growth and sustained relevance. Consumer engagement with email remains high, with 96% of consumers checking their email daily, making it a vital touchpoint for marketers.

Earthquake Hits Hollywood as Stars Gather for Oscars Afterparty Δ1.51

A magnitude 3.9 earthquake struck Hollywood during the Vanity Fair afterparty following the Oscars, causing a brief moment of panic among attendees. The quake's epicenter was located in North Hollywood, just a few miles from the Dolby Theatre, and while no injuries or significant damage were reported, witnesses described a palpable sense of fear as buildings swayed. This incident highlights the ongoing seismic activity in Southern California, as the region has experienced numerous minor quakes recently.

Oil Little Changed as Uncertainty over Ukraine, Global Growth Looms Δ1.57

Oil edged up on Monday as upbeat manufacturing data from China, the world's biggest crude importer, led to renewed optimism for fuel demand, although uncertainty about a Ukraine peace deal and global economic growth from potential U.S. tariffs loomed. Brent crude climbed 19 cents, or 0.3%, to $73.00 a barrel by 0720 GMT while U.S. West Texas Intermediate crude was at $69.95 a barrel, up 19 cents, or 0.3%. China's manufacturing activity expanded at the fastest pace in three months in February as new orders and higher purchase volumes led to a solid rise in production.

Norwegian to Buy 10 Leased Boeing Aircraft Δ1.53

Norwegian's acquisition of its own leased fleet is expected to bring short-term cost savings and long-term flexibility in fleet planning, as the airline seeks to reduce its reliance on external financing. The deal is part of Norwegian's broader efforts to improve its financial stability and competitiveness in the budget airline market. By taking control of its aircraft lease, the carrier aims to increase its pricing power and negotiate better deals with leasing companies.

Africa Oil Announces Results of Share Buyback Program and Provides Share Capital and Voting Rights Update Δ1.52

Africa Oil Corp. has successfully repurchased a total of 882,000 common shares as part of its ongoing share buyback program, which aims to enhance shareholder value. The program has seen a total of 8,438,153 shares repurchased since its inception on December 6, 2024, with a maximum of 18,362,364 shares allowed to be repurchased over the designated twelve-month period. Following these transactions, Africa Oil has reported 433,296,117 common shares outstanding with voting rights as of February 28, 2025.

"Oscar Winner 'No Other Land' Sparks International Outrage" Δ1.52

"No Other Land," a documentary about Israeli displacement of Palestinians, has won the Best Documentary Feature Film Oscar, with its directors appealing for global action to stop the conflict and accusing the US of blocking a solution. The film highlights the harsh reality of decades-long occupation, where Palestinian activists Basel Adra and Israeli journalist Yuval Abraham live in parallel realities. The Oscars win is seen as a call to action to end the injustice and ethnic cleansing of Palestinians.

Technical Issues Blamed for Ufa Refinery Fire Δ1.52

A fire that burned for hours overnight at the Ufimsky oil refinery in Russia's city of Ufa was sparked by technical issues, authorities said. The Bashneft-owned refinery has capacity of 168,000 barrels per day and is a major source of oil supply for surrounding regions. The fire was finally put out with the help of about 100 firefighters.

Oil Prices Steady Amid Ukraine Uncertainty Ahead of Trump's Tariffs Δ1.59

Oil prices were steady at the start of the week as traders weighed the outlook for Russia’s war in Ukraine ahead of President Donald Trump’s tariffs on US trading partners, which will likely lead to retaliatory measures. The market is bracing for a potential surge in costs for refiners, particularly if levies are imposed on Canadian and Mexican oil imports. However, the impact of these tariffs is still unclear, as traders await signs of spending plans by China.

ASX Shakes Off Tariff Fears Δ1.51

The Australian share market has been boosted on Monday from strong figures out of China and a resilient Wall Street, with all 11 sectors finishing in the green. The benchmark ASX200 index jumped 73.30 points or 0.9 per cent to close at 8245.70 points, as investors took up new month positions and factored in stronger than expected manufacturing data. The broader All Ordinaries finished 74.90 points higher or 0.9 per cent to 8478.80.

Tariffs Loom over Global Trade as Investors Cling to Hopes for Relief Δ1.63

Asian share markets made guarded gains on Monday as investors waited anxiously to see if imminent tariffs would go ahead, while bitcoin surged on news it would be included in a new U.S. strategic reserve of cryptocurrencies. Markets still unsure if U.S. tariffs will go ahead Nikkefutures rallied 1.7%, S&P 500 futures up 0.2% Euro up on hopes for progress on Ukraine-Russia deal

Zelenskiy Believes He Can Salvage Relationship with U.S. After Tense Meeting Δ1.68

Ukrainian President Volodymyr Zelenskiy expressed optimism about repairing his relationship with U.S. President Donald Trump following a contentious meeting in the Oval Office, where Trump criticized him for perceived disrespect and ingratitude towards U.S. aid. Despite the tensions, Zelenskiy reiterated Ukraine's commitment to territorial integrity and indicated readiness to finalize a minerals deal with the U.S. He emphasized the importance of continued dialogue and security guarantees from Washington to deter Russian aggression.

Pertamina Pledges To Improve Transparency Following Corruption Allegations. Δ1.57

Indonesia's state-owned energy company Pertamina has publicly apologized and pledged to improve its governance after five executives at its units were arrested over alleged corruption involving oil imports. The Attorney General's Office last week arrested the executives on charges of alleged corruption related to oil imports between 2018 and 2023 that caused $12 billion in state losses. Pertamina CEO Simon Aloysius Mantiri vowed to fix loopholes found by the AGO to prevent future negative impacts on the company or state budget.

Former Barclays CEO Staley Appeals UK Ban Over Epstein Statements Δ1.51

Jes Staley will appeal his proposed ban from Britain's finance industry, which was sparked by his past association with Jeffrey Epstein, highlighting the complexities of personal connections in high-stakes professions. Staley has been battling to clear his name since 2021, when he left Barclays under a cloud caused by his relationship with Epstein. The upcoming court case will feature evidence from prominent figures in finance and raise questions about the limits of personal relationships in professional settings.

India's Trade Minister Heads to US for Talks as Trump Tariffs Loom Δ1.63

India's trade minister Piyush Goyal has started a trip to the United States to pursue trade talks with President Donald Trump's administration, which is set to impose reciprocal tariffs on trading partners including India. The visit comes weeks before the planned tariffs are expected to take effect, and Goyal will seek clarity on their impact on Indian exports. Goyal's trip aims to assess the potential impact of the tariffs and explore possible concessions from the US side.

The Impact of AI on Worker Pay: A Tipping Point for Creatives? Δ1.51

As AI changes the nature of jobs and how long it takes to do them, it could transform how workers are paid, too. Artificial intelligence has found its way into our workplaces and now many of us use it to organise our schedules, automate routine tasks, craft communications, and more. The shift towards automation raises concerns about the future of work and the potential for reduced pay.

Revolutionizing Carrier Innovation Through Cloud-Driven Devices Δ1.51

Huawei Cloud is set to unveil its groundbreaking Cloud Device solutions at MWC 2025, designed to rejuvenate carrier innovation and drive transformation in the mobile Internet era. As carriers transition from 2G to 5G, they face increasing demands for storage and computing power. Huawei's Cloud Device empower carriers to overcome these challenges by modernizing business models, diversifying service offerings, and delivering significantly enhanced user experience. The company's innovative products, including KooPhone, KooDrive, Cloud STB, and Cloud Gaming, are poised to revolutionize the industry.

Garmin Ditches Old MIP Screens Entirely Δ1.52

Garmin is poised to eliminate its memory-in-pixel (MIP) screens from all of its watches, a move that will likely please fans of the utilitarian designs but disappoint those who have grown accustomed to the low-power displays. As part of this shift, Garmin has introduced AMOLED screens on several recent models, including the Fenix 8 and Instinct 3. The company's decision is likely driven by its desire to compete with other smartwatch manufacturers like Apple and Samsung.

Indonesia Sees Deflation Reading for First Time in Over Two Decades. Δ1.53

Indonesia's consumer price index fell 0.09% year-on-year in February, marking the first annual measure of deflation since March 2000. This decline was largely driven by a 50% discount on electricity tariffs and lower prices of certain food products such as rice, tomatoes, and red chillies. The government's intervention to boost economic growth appears to have succeeded in reducing inflation.

Euro Rebounds From 2-1/2-Week Low, Ukraine and Defence Spending in Focus Δ1.60

The euro rebounded as EU leaders drew up a Ukraine peace plan, which may boost future growth and support the currency. A likely increase in fiscal spending by euro zone countries could provide some boost to future growth, supporting the currency. The renewed push for peace in Ukraine and possible increase in defence spending are monitoring closely by investors.

Gold Firms on Weaker Dollar, Ukraine Peace Uncertainty Δ1.56

Gold prices edged up on Monday, helped by a weaker dollar, while a delay in finding peace in Ukraine and concerns over the U.S. tariff policy fuelled safe-haven demand for the metal. Spot gold added 0.1% to $2,860.25 an ounce by 0750 GMT, while U.S. gold futures rose 0.8%. The dollar index fell 0.3% from a more than two-week high hit in the previous session.

China Targets US Agriculture Over Trump Tariff Threat Δ1.63

China has American agricultural exports in its cross hairs as it prepares countermeasures against fresh U.S. import tariffs, according to Global Times. The country is likely to hit back with tariffs and non-tariff measures targeting key products such as soybeans, meat, and grains. China remains the biggest market for U.S. agricultural exports.

The Stock's Return Trails Its Earnings Growth Δ1.50

Logitech International's investors have seen their total return on investment rise at a faster pace than earnings growth, with the stock up 139% in five years despite a slower-than-expected share price increase over the past year. The company's compound earnings per share growth of 21% per year is reasonably close to its average annual increase in share price, suggesting that investor sentiment towards the shares hasn't changed much. Logitech International's historical returns have been driven by the underlying fundamentals of the business.

Trump Flags Crypto Reserve, Mum on Funding Δ1.63

The proposed reserve of digital assets proposed by President Donald Trump includes Bitcoin, Ethereum, XRP, Solana, and Cardano, with Bitcoin surging around 10% and Ethereum jumping 13%. Analysts are unsure about the funding mechanism for the reserve, given the government's $36 trillion debt, which could lead to borrowing issues. The White House Crypto Summit on Friday is expected to outline the details of how the fund will work.

Oscars' Red Carpet Showcases Extravagant and Eye-Catching Fashion Choices Δ1.55

The Oscars red carpet has once again proven to be a spectacle of opulence and extravagance, with A-list stars showcasing sculptural and shiny gowns and some props. Ariana Grande's bold flared pink top and tulle skirt by Schiaparelli, combined with Whoopi Goldberg's shiny blue gown, were just a few examples of the daring fashion statements made on the evening. The overall theme of glamour and sophistication was reinforced by the likes of Elle Fanning's lacy white gown and Demi Moore's sparkling silver dress.

Bitcoin Reserve Boost Sparks Hope for Crypto Market Δ1.66

Bitcoin was trading up more than 20% from last week's lows on Monday, with several other cryptocurrencies also rallying sharply following U.S. President Donald Trump's announcement of a new U.S. strategic reserve that will include bitcoin and ether. The move has lifted sentiment in the cryptocurrency market, which had been sliding since mid-January due to disappointment over Trump's lack of action on regulatory loosening. However, experts caution that further gains will depend on the sources of funding for the reserve.

India's Benchmark Reverses Early Gains as Global Trade Concerns Erode Sentiment Δ1.55

India's benchmark indexes reversed early gains on Monday, as global trade concerns kept investor sentiment on edge, while index heavyweight Reliance Industries fell the most in five months. The Nifty 50 and BSE Sensex indexes lost ground after data showed a slower-than-expected economic growth rate for the October-December quarter. Investor caution was fueled by U.S. tariff uncertainty and cautious commentary from analysts.

Faraday Future Announces ‘FF Open AI Day’ to Showcase Current and Future AI Strategy Developments Δ1.51

Faraday Future Intelligent Electric Inc. has announced the 'FF Open AI Day' event, scheduled for March 16, which will showcase the company's current and future AI strategy developments. The event, to be held at its Los Angeles headquarters, aims to foster collaboration with global developers and AI experts to propel industry-wide innovation in intelligent mobility. By hosting this event, Faraday Future is redefining mobility through AI innovation.

India's Factory Activity Growth Dips to 14-Month Low in Feb Due to Cooling Demand Δ1.51

India's manufacturing activity grew at its weakest pace in over a year last month due to cooling demand, but employment generation rose at a healthy pace and inflation eased. Goods production, which accounts for less than a fifth of overall output, grew 3.5% in October-December, only a slight rise from 2.2% in the previous quarter. The HSBC final India Manufacturing Purchasing Managers' Index (INPMI) fell to 56.3 in February - its lowest since December 2023.

Tougher Calls Ahead: Five Questions for the ECB Δ1.61

The European Central Bank is poised to cut rates again, yet uncertainty looms over future monetary policy amid various economic pressures, including U.S. tariffs and a changing German government. Investors anticipate a bumpy path for rate cuts, with debates intensifying among policymakers regarding the pace of future reductions. This complex landscape raises critical questions about how external factors, such as tariffs and geopolitical shifts, will influence the ECB's decisions moving forward.

Bucher Industries Full Year 2024 Earnings: EPS Misses Expectations Δ1.51

Bucher Industries' full-year 2024 earnings fell short of expectations, with revenue declining 12% and net income dropping 36%. The company's profit margin also decreased to 7.2%, primarily due to lower revenue. Analysts had forecast a more resilient performance from the Swiss Machinery industry.

Boosting Growth Through Compound Interest: The Case of Returns On Capital At Ricegrowers (ASX:SGLLV) Δ1.51

Ricegrowers has demonstrated promising growth through its returns on capital, with an ROCE of 17% surpassing the Food industry average of 7.6%. This improvement is largely attributed to increased profitability as the company effectively reinvests capital into its business. By achieving compound interest-like growth, Ricegrowers positions itself for long-term success.

Investigation Into Social Media Companies Over Children's Personal Data Practices Δ1.55

Britain's privacy watchdog has launched an investigation into how TikTok, Reddit, and Imgur safeguard children's privacy, citing concerns over the use of personal data by Chinese company ByteDance's short-form video-sharing platform. The investigation follows a fine imposed on TikTok in 2023 for breaching data protection law regarding children under 13. Social media companies are required to prevent children from accessing harmful content and enforce age limits.

China's Zhipu AI Raises $137 Million as State Funds Bet on AI Race. Δ1.50

Chinese artificial intelligence startup Zhipu AI has secured a significant influx of funding, further solidifying its position in the rapidly evolving AI landscape. With the backing of state-backed investors, Zhipu AI is well-positioned to compete with rival startups like DeepSeek, which has gained attention for matching the capabilities of leading Western platforms. The company's focus on open-source AI models and expansion into key regions such as Zhejiang province and the Yangtze River Delta economic zone will be crucial in determining its success.

Beer Tax Relief Angers Aussies ‘Left Out’ of 'Major' Cut Δ1.53

The Australian government's recent decision to freeze the alcohol excise duty for draught beer has sparked disappointment among those in the spirits industry, who feel excluded from this long-awaited relief. While the freeze marks a significant policy shift after four decades, it only applies to beer, leaving spirits to face ongoing tax increases that strain consumer affordability. Industry leaders argue that the current tax regime, one of the highest in the world, hampers local distillers and pushes consumers to prefer staying home instead of enjoying a drink out.

Brazil Wins Its First Oscar in a Major Category as "I'm Still Here" Takes Home Best International Feature Film Δ1.51

The 97th Academy Awards marked a historic moment for Brazilian cinema with the film "I'm Still Here", directed by Walter Salles, taking home the award for Best International Feature Film. The movie, set against the backdrop of Brazil's military dictatorship, tells the true story of a mother of five whose husband disappears, and its poignant portrayal of loss and resilience in the face of oppression resonated with audiences worldwide. The film's win was seen as a significant milestone for Brazilian cinema, which has faced challenges in recent years due to a decline in government support and funding.

Oscars 2025: 'Anora' Cleans up, Adrien Brody and Zoe Saldana Make History Δ1.50

"Anora" took home the top prize at the 97th Academy Awards, winning five awards including best picture. The film's director Sean Baker became the first person to win four Oscars for the same film, while star Ariana Grande made her Oscar debut alongside co-star Cynthia Erivo. Meanwhile, Adrien Brody and Zoe Saldana broke new ground as the first actor and American of Dominican descent to take home an Oscar.

How China Could Boost Its Weak Consumption. Δ1.58

China has repeatedly pledged to make the consumer sector a more prominent driver of economic growth but is yet to implement any structural policy changes to achieve this.Analysts say potential costs in the trillions of dollars and risks that reform could bring instability are making officials wary of bold policy decisions.Below are policy options for Beijing and some of the trade-offs involved.

India's Adani Group Seeks Financial Rescue Amid Allegations Δ1.52

India's Adani Green has raised $1.06 billion to refinance a renewable energy project's 2021 debt facility, it said on Monday, in its first major fund raise since the U.S. indictment of its top executives over an alleged bribery scheme. The company's move is seen as an effort to shore up finances and mitigate potential losses following the allegations against Adani Group chairman Gautam Adani. This development underscores the significant risks associated with investments in India's renewable energy sector.

Undiscovered Gems In Asia To Explore This March 2025 Δ1.52

Pamica Technology Corporation showcases an attractive profile with its earnings growth of 30.7% over the past year, outpacing the Electrical industry’s 1.3%. The company seems to manage its finances prudently as it has more cash than total debt and maintains a price-to-earnings ratio of 26.9x, which is below the CN market average of 37x. Despite not being free cash flow positive recently, Pamica continues to exhibit high-quality earnings.

Thailand's Human Rights Record Tested Δ1.53

Thailand has defended its decision to send 40 Uyghurs back to China, citing human rights protocols. The move came after the Uyghurs were arrested at Bangkok's Suvarnabhumi Airport on suspicion of overstaying their visas. Thai authorities have since returned the group to Chinese custody.

Cyclone Looms as Aussie Staple Disappears From Shop Shelves Δ1.51

Panic buying has struck supermarkets across South East Queensland amid forecasts of Tropical Cyclone Alfred crossing the east coast, leaving shelves bare of essential items like bottled water, eggs, milk, and bread. Supermarkets are struggling to keep up with demand for these staples, leading some customers to resort to panic buying in preparation for possible supply outages ahead of the category 1 system intensifying off the coast. As the cyclone approaches, residents are being urged to prepare for intense rainfall and damaging winds.

US Commerce Secretary Wants to Remove Government Spending From GDP Δ1.65

U.S. Commerce Secretary Howard Lutnick's plan to strip out government spending from the gross domestic product (GDP) report could have significant implications for how the economy is measured and understood, potentially leading to a more accurate representation of private sector growth. This move aligns with Lutnick's stated goal of making GDP more transparent and free from what he sees as "wasted money" on government programs. The potential impact of this change on economic analysis and comparison with global peers is still uncertain.

US Commerce Secretary Wants to Remove Government Spending From GDP Δ1.65

U.S. Commerce Secretary Howard Lutnick's plan to strip out government spending from the gross domestic product (GDP) report would significantly alter the economic landscape, leading to increased volatility in data and potential distortions in measuring economic performance. The move is likely to have far-reaching implications for policymakers, economists, and businesses, as it would require adjustments to various financial metrics and indicators. Critics argue that such a change would undermine the accuracy of GDP calculations, making it difficult to compare economic growth across different regions and time periods.

I Wasn’t a Fan of the New Echo Show 15 and 21, but Alexa+ Has Changed My Mind Δ1.54

The introduction of Alexa+, Amazon's subscription-based voice assistant, has reshaped opinions about the Echo Show 15 and 21, showcasing the potential of these devices beyond their initial features. While earlier critiques focused on the iterative nature of the Echo Show updates, Alexa+ brings a new touch-based interaction model that enhances user engagement and functionality. This transformation not only redefines Amazon's smart display strategy but also raises questions about the future role of subscription services in consumer technology.

Iron Ore at More than 6-Week Low on Mounting US Tariff Tensions. Δ1.57

Iron ore futures fell for a sixth straight session on Monday amid rising trade tensions between the U.S. and top consumer China, outweighing upbeat Chinese manufacturing data. The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 2.81% lower at 779.5 yuan ($106.91) a metric ton. Earlier in the session, prices hit 777.5 yuan, the lowest since January 14.

Iron Ore Prices Plummet Amid US-China Trade Tensions Δ1.58

Iron ore futures have fallen for a sixth straight session due to rising trade tensions between the U.S. and China, outweighing upbeat Chinese manufacturing data. Rising tariffs on Chinese steel imports by the U.S. have sparked concerns over supply chain disruptions in the aerospace industry. The decline in iron ore prices has raised questions about the impact of these tensions on global trade.

USAID Official Warns of Unnecessary Deaths From Trump's Foreign Aid Block, Then Says He's Been Put on Administrative Leave Δ1.66

Enrich warns of preventable deaths due to USAID dismantling as Trump's aid freeze affects Ebola, malaria, and tuberculosis efforts; DOGE blocks USAID payments despite waiver for lifesaving aid. The Trump administration's dismantling of the U.S. Agency for International Development will result in unnecessary deaths from withheld aid, according to a senior official. As a result, millions of people worldwide are at risk of suffering from preventable illnesses.