Guggenheim CIO Predicts Fed Rate Cuts and Economic Resilience in 2025 DAVOS, Switzerland — Ann Walsh, chief investment officer (CIO) of U.S. asset management firm Guggenheim Partners, announced on January 20 that the U.S. Federal Reserve has implemented interest rate cuts nearly every quarter in 2025, totaling between 75 and 100 basis points (bp). Speaking … Read more
Russia and Iran Sign 20-Year Comprehensive Strategic Partnership Treaty in a historic move, Russian President Vladimir Putin and Iranian President Pezeshkian met in Moscow on January 17, 2025, to sign teh Treaty of Comprehensive Strategic Partnership, a landmark agreement set to last for two decades. The signing ceremony, held at the Russian presidential palace, … Read more
Berlin-Based Healthtech nelly Secures €50 Million to Revolutionize Digital Healthcare in Europe Berlin-based healthtech company Nelly has raised €50 million (approximately $52 million) in a recent funding round, aiming to further develop its innovative platform for medical practices, expand its market share in Germany, and venture into new European markets. The funding, announced in a … Read more
Trump Announces Plans to Meet Putin Shortly after Taking Office In a significant move that could reshape U.S.-Russia relations, president-elect Donald Trump announced on January 13 that he intends to meet with Russian President Vladimir Putin immediately after taking office next week.This will mark the first U.S.-Russia summit since Russia’s invasion of Ukraine in February … Read more
Trump and Putin Set for High-Stakes Phone Call Amid Ukraine Crisis In a significant progress, mike Walz, the incoming national security adviser for the next U.S. governance, revealed that former President Donald Trump is expected to hold a phone call with Russian President Vladimir Putin “in the coming days or weeks.” The announcement, made during … Read more
Croatia’s Presidential Run-Off: Milanović Secures Re-Election Amidst Political Tensions On the 12th, Croatia witnessed a decisive moment in its political landscape as incumbent President Milanović clinched re-election in a run-off vote against former Education and Science Minister Primorac. The election, held in Zagreb, saw Milanović garnering 74.58% of the votes, while Primorac secured 25.42%, according … Read more
Biden Governance Imposes Sweeping Sanctions on Russia’s Oil Giants to Curb War Economy On January 10, 2025, the Biden administration announced a significant escalation in its financial war against Russia, targeting the country’s oil and natural gas revenues. The sanctions specifically aim at two of Russia’s largest oil companies, gazpromneft and Surgutneftegas, in a move … Read more
Ukrainian Missile Strike Hits Donetsk Supermarket, Killing Two and Injuring Others On January 10, 2025, Russian authorities reported that the Ukrainian military launched a missile strike on a supermarket in the Russian-controlled city of donetsk, eastern Ukraine. The attack resulted in the deaths of two individuals and left two others injured. The strike, which occurred … Read more
China’s EV Exports Face a Slowdown Amid Global Challenges In a surprising turn of events, China’s electric vehicle (EV) exports are expected to hit a standstill this year, with growth projected to remain at “zero growth,” according to Cui Dongshu, secretary General of the China Passenger Car Association (CPCA).This announcement comes despite China’s dominance in … Read more
U.S.Treasury yields Surge as Trump Victory Sparks Policy Shifts and Market Uncertainty On January 8, 2025, the U.S. Treasury market witnessed a significant shift as yields on long-term bonds surged faster than those on short-term bonds, reaching multi-month highs. This divergence in yield movements reflects growing market anticipation of policy changes under the incoming … Read more