Basic Materials Roundup: Market Talk
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
15 hours ago
- Bloomberg
Bloomberg Daybreak: Next Steps For Russia-Ukraine
On today's podcast: 1) After meeting with President Trump separately, Presidents Putin and Zelenskiy could be headed toward a pivotal face-to-face meeting to begin peace talks. But what each side is willing to give up to end the Russia-Ukraine war remains to be seen. 2)Treasury Secretary Scott Bessent indicated the US is satisfied with the current tariff set up with China, a signal the Trump administration is looking to maintain calm with its economic rival before a trade truce expires in November. 3) Wall Street's selloff in tech heavyweights dragged down global markets on Wednesday, as investors cashed in gains from the leaders of the post-April rally.
Fox News
a day ago
- Fox News
White House rejects ‘blank checks' for Ukraine, presses NATO to shoulder costs
The U.S. isn't interested in open-ended funding for Ukraine amid ongoing peace talks to end the war between Russia and Ukraine, according to the White House. President Donald Trump, who ruled out sending U.S. troops on the ground to support Ukraine, is very "sensitive to the needs of the American taxpayer," according to White House press secretary Karoline Leavitt. "He made it very clear that we're not going to continue writing blank checks to fund a war very far away, which is why he came up with a very creative solution to have NATO purchase American weaponry, because it is the best in the world, and then to backfill the needs of the Ukrainian army and the Ukrainian people in their military," Leavitt told reporters Tuesday. "So that's the solution the president has come up with. We'll continue to see that forward," Leavitt said. "As for any additional sales, I'll have to refer you to the Department of Defense." Congress has passed several pieces of legislation to support Ukraine, totaling at least $175 billion in spending to aid Ukraine since February 2022, according to the Council on Foreign Relations. Meanwhile, Trump approved a deal in July allowing European allies to purchase U.S. weapons, like Patriot missile defense systems, for Ukraine. Leavitt's comments echo ones made by Vice President JD Vance, who said on Aug. 10 following meetings with European officials in the U.K. that he communicated to European leaders that the U.S. is "done with the funding of the Ukraine war business," and that European allies must take one greater responsibility in ending the conflict. "What we said to Europeans is simply, first of all, this is in your neck of the woods, this is in your back door," Vance said in an interview with Fox News. "You guys have got to step up and take a bigger role in this thing, and if you care so much about this conflict you should be willing to play a more direct and a more substantial way in funding this war yourself." This is a breaking news story and will be updated.
Bloomberg
a day ago
- Bloomberg
US Troops in Ukraine Difficult in Practice: Paggi
Livia Paggi, Managing Director at JS Held Strategy and Risk Advisory, discusses the next possible steps following talks at the White House with Ukraine's Zelenskiy and European allies. She speaks to Bloomberg's Guy Johnson and Anna Edwards on 'The Opening Trade.' (Source: Bloomberg)
