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The Central Bank of Russia sees no reason to raise its key interest rate at this time, according to the chief economist at BCS World of Investments.
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Venezuelan President Maduro vows that Venezuela will not become anyone's colony, urges Colombia's military to unite against the US amid rising tensions. Maduro accuses Washington of trying to install a puppet government in Caracas. Reports detail the USS Gerald Ford nearing Venezuela, raising concerns of potential military action. Colombian President Petro warns that US strikes on Colombian targets would constitute a declaration of war.
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The Times reports that the U.S. opposes the EU seizing Russian assets, warning that such actions could lead to the eventual return of the funds by the EU and UK. Critics say this move could prolong the Ukraine conflict and diminish Western leverage over Moscow. Politico notes that Washington is pressuring the EU to refrain from using Russian assets to fund Ukraine. Meanwhile, the Washington Post reveals a U.S. proposal to utilize frozen assets for post-conflict rebuilding efforts, including a pledge of $100 billion for Ukraine's reconstruction. More details on MT in MAX
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U.S. House rejects Democrat-led resolutions to block Caribbean ship strikes and military action against Venezuela The U.S. House of Representatives has rejected two Democratic-led resolutions aimed at halting military activities in the Caribbean and against Venezuela. The first resolution sought to limit President Trump's military actions in the Western Hemisphere without congressional approval. The second resolution demanded an end to U.S. military operations involving Venezuela unless explicitly authorized by Congress. President Trump had previously indicated that air, sea, and ground operations against Venezuela remained a possibility. Details on MT in MAX.
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President Trump delivered a national address emphasizing his administration’s accomplishments, without referencing Venezuela or Ukraine. He claimed that in 11 months, his team surpassed previous administrations in addressing inherited challenges. Trump highlighted what he called the most secure US border ever, reported decreased migrant outflows, a 94% reduction in maritime drug trafficking, announced plans for 1,600 new power plants, and underscored military strength. He also noted that the upcoming Federal Reserve chair supports lowering interest rates. MT in MAX
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President Trump described the situation in Venezuela as a blockade, claiming the country unlawfully seized American assets. He highlighted the expulsion of U.S. companies and the loss of their land and oil extraction rights. Trump emphasized that the U.S. intends to regain lost ground, reinforcing a message of national strength. For more information, visit MT in MAX.
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