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Yahoo
25-02-2025
- Business
- Yahoo
Congo Suspends Cobalt Exports for Four Months Amid Glut
(Bloomberg) -- The Democratic Republic of Congo says it's suspending cobalt exports for four months to rein in oversupply of the battery metal on the international market. Trump Targets $128 Billion California High-Speed Rail Project Trump Asserts Power Over NYC, Proclaims 'Long Live the King' NYC's Congestion Pricing Pulls In $48.6 Million in First Month NYC to Shut Migrant Center in Former Hotel as Crisis Eases As Visitors Discover Ghent, the City Is Trying to Prevent a Tourism Takeover Cobalt production in Congo – which produces about three-quarters of the material used in electric-vehicle batteries – has soared in recent years, as China's CMOC Group Ltd. ramped up output at two large mines in the country causing supply to race ahead of demand and prices to tumble. 'Exports must be aligned with world demand,' Patrick Luabeya, president of the Authority for the Regulation and Control of Strategic Mineral Substances' Markets, known as ARECOMS, told Bloomberg News in written responses to questions. The measure came into force on Feb. 22, according to Luabeya. A day earlier, the prime minister and mines minister signed a decree, seen by Bloomberg, allowing the regulator to take temporary action, including barring exports, 'in case of circumstances affecting the stability of the market.' Benchmark metal prices have dropped below $10 a pound, a level not breached for 21 years apart from a brief dip in late 2015, according to Fastmarkets data. Cobalt hydroxide, the main form of the metal produced in Congo, has slid below $6 a pound. 'The DRC has played its trump card,' BMO Capital Markets analyst George Heppel said in an emailed note. The move 'will likely send cobalt prices skyrocketing in the coming days and weeks.' Glencore Plc, which operates a pair of mines in Congo, was the biggest miner of the metal for years until it was overtaken by CMOC in 2023. The Chinese company's output tripled that of the Swiss commodities giant last year, accounting for more than 40% of total global supply. It's targeting similar volumes in 2025. While overall demand for cobalt continues to rise, it's been outpaced by fresh supply and EV batteries that don't contain the metal have been gaining market share. The surplus is expected until the end of the decade, according to Benchmark Mineral Intelligence analysis completed before the suspension was announced. The government of Congo, which is also the world's second-biggest producer of copper, 'has been carefully reviewing market dynamics' for a year, Luabeya said. The situation required 'immediate action' as years of illegal mining and uncontrolled exports from both industrial and semi-industrial producers led to excessive supply, 'posing a serious threat to the country and its domestic and international investors,' he said. Cobalt is extracted as a byproduct of copper mining in Congo. While the block on cobalt shipments applies to all producers 'unilaterally and without exception,' there are no curbs on production and there should be no impact on copper exports, Luabeya said. 'Since copper and cobalt are marketed separately, exports of copper can continue.' CMOC is also Congo's top copper producer. The largest cobalt miner after CMOC and Glencore is Kazakhstan-backed Eurasian Resources Group Sarl. Glencore declined to comment, while CMOC and ERG didn't respond to questions seeking comment on the export suspension. About two-thirds of global mine supply is owned by companies from China, which accounted for an equivalent share of cobalt demand last year, according to specialist trading house Darton Commodities. Congo will review the export curbs in three months, Luabeya said. Meanwhile, ARECOMS is preparing additional measures to balance the cobalt market, encourage the processing of strategic minerals in the country and achieve 'a transparent and fair pricing mechanism,' he said. The suspension comes a year after President Felix Tshisekedi tasked his government with designing policies to improve cobalt prices. Export quotas – one of the options suggested by Tshisekedi – are being considered 'but no decision has been made yet,' Luabeya said. --With assistance from Jennifer Zabasajja, Jack Farchy and Michael J. Kavanagh. (Adds cobalt price chart, and analyst commentary in sixth paragraph. An earlier version corrected data provided by company on China's share of cobalt demand in 13th paragraph.) Walmart Wants to Be Something for Everyone in a Divided America Meet Seven of America's Top Personal Finance Influencers Why Private Equity Is Eyeing Your Nest Egg Can Dr. Phil's Streaming Makeover Find an Audience in the MAGA Era? Anthony Levandowski Keeps on Truckin' ©2025 Bloomberg L.P. Sign in to access your portfolio
Yahoo
25-02-2025
- Entertainment
- Yahoo
Kidding on the Square
From the Boiling Frogs on The Dispatch An odd quirk of this era is that the free world is led by a pair of clowns. The actual leader of the free world is a comedian by trade. The nominal leader of the free world is a troll by disposition who delights in 'jokes' that may or may not be jokes. (And who, in another quirk, is prone to wearing more face make-up than the entire Ringling Bros. roster.) The subject of Donald Trump's clownery came up at the end of the latest episode of The Dispatch Podcast. This tweet from the White House press shop caught Sarah Isgur's attention as an especially obnoxious example of Trumpist trolling. When the president circulates an image of himself wearing a crown with the caption, 'Long Live the King,' is he joking? Or is he 'joking'? The term for jokes that aren't quite jokes is 'kidding on the square.' It was popularized years ago by yet another comedian who ended up in politics, Al Franken. 'Kidding on the square' is when you present an idea as a joke—but you mean it. An example. Recently, at the end of their speeches to two different right-wing audiences, Elon Musk and Steve Bannon made gestures resembling a Nazi salute. Whether they were misinterpreted, were trolling, or were in earnest is unclear, but this prediction about how the dregs of postliberal populism will respond to the controversy seems dead-on to me. They're going to start doing the gesture themselves. And when they're challenged on it they'll laugh and claim to be trolling, spiting the same hysterical libs who criticized Musk and Bannon. It's a joke! But it isn't, really. It's kidding on the square. 'Trumpism has always been a combination of menace and absurdity,' a wise man once wrote … er, four days ago. Menace and absurdity are also the recipe for kidding on the square, not coincidentally. When White House flacks tweet out footage of illegal immigrants being shackled ahead of a deportation flight and present it as an 'ASMR' video, they're inviting viewers to relish a human being's misery while diluting the cruelty by framing it as an absurdist goof on a silly internet genre. It's a joke, but it isn't. Many Trumpist policies are presented in absurd terms in order to water down their menace. When Trump refers to Canada as 'the 51st state' and to its prime minister as 'Gov. Trudeau,' it sounds like a trollish gag. Is it? When he talks repeatedly about running for a third term notwithstanding what the 22nd Amendment has to say about it, does he mean it? Or is he joking, as nervous congressional Republicans insist? The defining image of his first month in office was Elon Musk swinging around a chainsaw at the Conservative Political Action Conference last week like Leatherface on a ketamine bender. Musk and his 'disreputable little gaggle of pudwhacking throne-sniffers' are doing a lot of indiscriminate damage to the federal government, Kevin Williamson noted in his Wanderland newsletter today, and are discrediting the long-term cause of bureaucratic reform in the process. But how menaced by it can the average American truly feel as they giggle at the absurdity of the richest dork in history, chainsaw in hand, preening for an audience like a pro wrestler before a big match? We have rule by trolls. It won't end well. Rule by trolls is demoralizing. Unless you're very young or have already sacrificed the last bit of your dignity to populism, you can't listen to the president try to insult Canada into submitting to annexation without feeling embarrassed for your country. America is now governed by juvenile bullies—by choice. We didn't used to be. Rule by troll may achieve some policy successes, but no one can sincerely mistake the current trajectory for a return to 'greatness.' On some level, the point of the nationalist project is to teach American citizens to feel contemptuous of America. (It has that in common with its far-left counterpart.) When Trump and his cronies treat government like a literal joke and pay little or no price for it among the population, one can't help but feel that resistance to idiocracy is futile. And that's to the advantage of authoritarians: The less patriotic classical liberals become, the less likely they are to oppose postliberal efforts to undo the constitutional order. Why bother? Why fight for a people that no longer takes the governance of its own country seriously? These demoralization tactics have worked like a charm on me. Never have I been more skeptical of 'American exceptionalism' than I am right now. My fellow citizens don't care if their government sounds like 4Chan? Fine. They don't care, I don't care. The whole world is stupider because of Trump's trollishness. Ken Dryden made a trenchant point in an essay for The Atlantic about the wound Trump has inflicted on Canadian pride: To even engage with his trollishness, as Justin Trudeau did in declaring that Canada won't join the U.S., is to be demeaned by the process. 'By answering at all,' Dryden wrote, 'you end up making any slur sound slightly, disturbingly legitimate, and you make yourself look weak.' Don't feed the trolls has been good online practice since the internet began; it's now become an issue for international diplomacy thanks to the United States. A deeper problem with rule by troll is that it's desensitizing. 'Trial balloons' is the term Jonah Goldberg aptly used on The Dispatch Podcast to describe the sort of half-jokes to which Team Trump is prone. Whether it's leaning on Canada to join the U.S., broaching the possibility of an unconstitutional third term, teasing the idea of monarchy, or some such fascist proposition, trollish provocations are the way Trump and his cronies nudge the Overton window toward their political program without rattling it so loudly as to frighten Americans. If he were to turn around and say, 'I want to be king,' the stock market would tank. (I hope!) But if he says, 'Many people are saying I should be king. Mar-a-Lago would make a hell of a palace!' then, eh. You know how he is. Kidding on the square is how postliberals inject taboo ideas into the bloodstream of public opinion without causing a sharp reaction, like administering a small dose of poison to build up a tolerance to higher doses later. Incremental corruption, I'd call it. If you're giving a Nazi salute 'ironically,' you're still giving a Nazi salute. And the more normalized the 'ironic' salute becomes, the more normalized the salute becomes, period. Jonah laid out the three familiar steps of right-wing rationalization when Trump floats a trollish-sounding policy idea, like wanting to take over Greenland. First comes 'He's joking! Can't you take a joke?' Then he doubles down: 'Fine, he's serious, but I disagree.' Then he triples down, making his position official MAGA dogma in the same way that the Pope speaking ex cathedra sets doctrine for the Catholic Church. By that point, the shock among his supporters has worn off and it's time to rejoin the team: 'He's right!' That tactic doesn't always take the form of jokes or even half-jokes. Trump and cronies like Steve Bannon were deadly serious when they began laying the rhetorical groundwork before Election Day 2020 to cry 'rigged' if he ended up losing to Joe Biden. They recognized that asking for support in overturning an election would be asking a lot even of a movement as morally and civically degraded as the American right. You can't just spring 'we're doing coups now' on 75 million Republican voters. The poison needs to be administered thoughtfully, with care. Kidding on the square is an effective salve for guilty consciences. If you're a partisan Republican who retains some dim, atavistic loyalty to the Constitution, watching Trump flirt with monarchy should induce at least a mild ideological immune reaction. After all, there's no idea that's more clearly anti-American; the cognitive dissonance involved in posturing as super-patriots, as Trump voters routinely do, and then suddenly being asked to line up behind monarchy would be agonizing. Offering the idea as a 'joke' first is the easiest way to introduce it to the right and center-right without causing a backlash. And insofar as liberals are sure to react with horror, the tactic ends up enlisting Republican voters in the supposed gag. Look at Democrats clutching their pearls at this silly 'Long Live the King' tweet! By rallying the right to defend him in the sub-debate over whether he was kidding or not, Trump makes his supporters feel like they're in on the joke. Then, if it turns out not to be a joke, they've invested too much of their own credibility to turn around and say, 'We've been had.' Better at that point to pretend that you knew he was serious all along, like Pee Wee Herman tumbling off his bike and declaring that he meant to do that, than admit that your hero is a villain who fooled you—and that the left understood him a lot better than you did. So much of fascism is about face-saving. The worst thing about rule by trolls, though, is that trolls are provocateurs whose interest in politics derives mainly from the opportunities it provides to scandalize or wound their adversaries. That mindset is antithetical to good government. You would never enlist trolls to write a piece of legislation meant to improve the general public welfare, for instance, as they wouldn't understand the concept. There is no 'general public welfare,' only their tribe versus enemy tribes and a battle of all against all for dominance. But if, like Donald Trump, you're a provocateur by nature and admire fellow provocateurs willing to display a trollish ruthlessness toward enemies, that's the sort of person to whom you'll be drawn in filling out vacancies for high government positions. Take, for instance, Don Bongino, who until Sunday evening was a surly right-wing podcaster but today is the second-most powerful official at the world's most famous law enforcement agency. Bongino is a former cop and Secret Service agent so he's not without any relevant experience, but that's not why he landed on Donald Trump's radar. He landed there because, after leaving the Secret Service, he remade himself as a populist media star and Trump sycophant. A really trollish one too. He's been known to wear 'Socialist Tears' T-shirts and say cringy things like, 'My life is all about owning the libs now.' In a media universe of pugnacious Trump apologists, he's distinguished himself by his pugnacity. Less than two weeks ago, he complained about federal judges ruling against the president and fantasized about Trump setting up a courtroom in the White House and rendering his own decisions about executive branch controversies. Was he making a rhetorical point? Trolling? Kidding on the square? Who can say? Whatever the case may be, he's now the deputy director of the FBI, Kash Patel's new right-hand man. Having a belligerent populist troll in charge of federal law enforcement is terrible for the general public welfare but terrific if your priority is using the bureau to persecute enemy tribes. And as a matter of owning the libs, which is now the highest calling of a Republican Party led by and for trolls, it almost can't be topped. The only surer way to evoke 'socialist tears' would be, uh, making Matt Gaetz attorney general. The news of the Bongino appointment last night left me wondering: How would the pundit class have reacted last year if candidate Trump had announced his intention to make Dan Bongino No. 2 at the FBI? What would the evening roundtable on CNN have sounded like that day? I suppose I'll never know for sure, but my guess is that Trump apologist Scott Jennings would have rolled his eyes nearly out of his skull at the credulousness of his easily-baited liberal colleagues. Obviously Trump wasn't really going to appoint Bongino to help lead the world's most famous law enforcement agency, he would have said. He was trolling to throw his left-wing opponents into a tizzy and to give his base the pleasure of watching them freak out. 'You're all suffering from Trump Derangement Syndrome,' Jennings might have declared. Patel as FBI chief, Tulsi Gabbard as director of national intelligence, Robert F. Kennedy Jr. as head of the Department of Health and Human Services, the Fox News weekend guy as secretary of defense—those are insane ideas, blatant trolling. Jokes! You know how he is. And now here we are, with a government of trolls. (So much so that even notorious trolls have noticed!) The most prominent executive initiative of Trump's first month in office is led by a man who recently changed his social media handle to 'Harry Bolz' and who named said executive initiative after a famous internet meme. Is it any wonder that DOGE hasn't done much to reduce federal spending but has done quite a lot to wound federal agencies favored by leftist cultural enemies? Everything's a joke until it isn't. Everything is deadly serious yet not serious at all. There's a method to this madness. Three weeks before the election, the New York Times reported on the curious phenomenon of Trump voters beyond the cultish base of his support who refused to believe him when he said alarming things. Do you fear he'll do what he's threatening to do by purging the government and filling it with conspiracy theorists, the Times asked one supporter? 'I don't,' came the reply. 'It could just be for publicity, just riling up the news.' Another was pressed about his plans for mass deportation and answered, 'He may say things, and then it gets people all upset, but then he turns around and he says, 'No, I'm not doing that.' It's a negotiation. But people don't understand that.' There's a common saying that's abbreviated 'FAFO.' Steve Hayes would be mad at me if I spelled out what that acronym stands for, but suffice it to say that Trump supporters who thought his wackier pronouncements during the campaign were being made 'for publicity' or as a negotiating tactic or as jokes are quickly approaching the 'FO' stage of the process. What makes their incredulity last year so curious is that Trump, of all people, proved in the two months leading up to January 6 that he should be taken seriously even when he sounds like an out-and-out nut. Yet the Times speculated that his fans' resolute denial about his more hair-raising statement isn't so hard to explain: 'It's how they rationalize his rhetoric, by affording him a reverse benefit of the doubt. They doubt; he benefits.' Indeed. But they benefit too, no? If every alarming thing Trump says can be conveniently dismissed as hyperbole or strategy or trolling, then Trump voters need never reckon with the implications of supporting him. Here again is the guilty conscience at work: You can vote for cheaper eggs and a stronger border and ignore all the rest of his fascist nonsense as mere windbaggery. He's serious about the stuff that you care about and not serious at all about the stuff you dislike. His habit of 'kidding on the square' contributes to a perpetual sense of uncertainty about his intentions that lets him and his fans claim he's serious or not as political circumstances require. Or at least it did, until he landed back in the Oval Office and started having to show his cards on policy. The biggest mystery in American politics right now is what happens to the president's support as more of his 'soft' supporters arrive at the 'FO' stage of political disillusionment. Perhaps they'll resolve their cognitive dissonance the way his diehard supporters do, by shifting opportunistically from claiming that he's not serious when he says X, Y, and Z to deciding that, actually, they support X, Y, and Z. (So much of fascism is about face-saving!) But perhaps not: Maybe instead they'll still begin shifting toward the Democrats in protest, as some tantalizing early evidence from swing districts suggests. If the latter, let me be the first to predict that the next round of 'jokes' we'll begin hearing from Trump and his lackeys will be about having to challenge the results of the 2026 midterms, or perhaps cancel them entirely, due to the supposedly high and rising risk of election fraud involved. Funny stuff. You know how he is.
Yahoo
24-02-2025
- Business
- Yahoo
German Business Optimism Grows as Firms Weigh Vote, Tariffs
(Bloomberg) -- Optimism among German companies grew, feeding hopes of a turnaround for Europe's largest economy that may also benefit from a change in government following elections on Sunday. Trump Targets $128 Billion California High-Speed Rail Project Trump Asserts Power Over NYC, Proclaims 'Long Live the King' Trump to Halt NY Congestion Pricing by Terminating Approval Airbnb Billionaire Offers Pre-Fab Homes for LA Fire Victims Sorry, Kids: Disney's New York Headquarters Is for Grown-Ups An expectations index by the Ifo institute rose to 85.4 in February from 84.3 the previous month. This was above the 85 median estimate in a Bloomberg survey. A measure of current conditions fell. 'People are holding back investment, people are holding back spending because there is a lack of trust,' Ifo President Clemens Fuest told Bloomberg Television on Monday. 'So if the coalition negotiations do not last too long, and if the new government comes up with an agenda that inspires confidence, the situation could change in the second half of the year.' While a quick and strong recovery still looks unlikely, Germany's prospects are brightening a little after gross domestic shrank for a second straight year in 2024. Monday's data add to other recent positive developments: Private-sector activity beat expectations in February, while investor confidence rose by the most in two years. The country is still suffering from cyclical weakness due to weak global demand, as well as structural difficulties like the cutoff of Russian energy supplies, over-regulation and a dearth of skilled workers. US President Donald Trump's trade threats pose additional risks. The Bundesbank said Monday that GDP may rise slightly in the first quarter but that the economy remains stuck in stagnation. What Bloomberg Economics Says... 'The further path of the economy will heavily depend on the possible introduction of US tariffs and whether coalition negotiations following Sunday's election results in a stable government capable of tackling the country's pressing problems. We see German GDP to grow merely by 0.3% in 2025.' —Martin Ademmer, economist. Click here for full REACT Some observers hope a new government under Friedrich Merz, who leads of the conservative CDU/CSU bloc and is seeking an alliance with the Social Democrats, will bring more growth-oriented policies capable of helping the country out of its rut. 'In terms of having a government which is able to act, this was the best possible outcome,' Fuest said. 'It was close, but we now have two parties that have cooperated in the past and that hopefully see the situation, the difficult situation of the country, and get their act together and form a stable government.' A key question will be whether the next administration overhauls the debt brake, a limit on state borrowing that's increasingly seen as unfit for purpose given Germany's vast spending needs. 'We urgently need new investment,' Fuest said. 'We need more innovation, more startup companies, and we also need more willingness to work to supply labor.' --With assistance from Francine Lacqua, Joel Rinneby and Kristian Siedenburg. (Updates with Bundesbank in sixth paragraph.) Meet Seven of America's Top Personal Finance Influencers Can Dr. Phil's Streaming Makeover Find an Audience in the MAGA Era? Walmart Wants to Be Something for Everyone in a Divided America How Med Spas Conquered America India's Most Reliable Retirement Plan: Selling Grandma's Jewelry ©2025 Bloomberg L.P. Sign in to access your portfolio
Yahoo
23-02-2025
- Business
- Yahoo
Markets Are Complacent on Euro as German Vote Raises Parity Risk
(Bloomberg) -- Euro traders risk getting too comfortable as the clock ticks down to German elections this weekend. Trump to Halt NY Congestion Pricing by Terminating Approval Trump Targets $128 Billion California High-Speed Rail Project Airbnb Billionaire Offers Pre-Fab Homes for LA Fire Victims Trump Asserts Power Over NYC, Proclaims 'Long Live the King' Sorry, Kids: Disney's New York Headquarters Is for Grown-Ups There's an unusual calm in the derivatives markets: the majority of euro options expiring the day after Sunday's vote tilt in favor of more gains and bearish sentiment on the common currency has faded. Stock markets are also pricing a benign outcome, with Germany's benchmark DAX gauge at a record high. That positioning threatens to flip painfully if the center-right CDU/CSU alliance, which has been leading polls, struggles to form a coalition. Such an outcome would likely drive the euro toward parity with the dollar as uncertainty and political horse trading with smaller parties ensues. Societe Generale SA is recommending investors buy protection against a drop in the euro as a result, while Commerzbank AG and Credit Agricole SA are warning its clients of the risk. 'Everyone seems to be assuming that it'll be a non-event,' said Michael Brown, senior research strategist at Pepperstone Ltd. 'That sort of complacency could lead to even more of a market jolt.' Protracted coalition negotiations — particularly if they're held after a big surge in support for the far-right AfD party — would leave Europe in a 'worst-of-all-worlds scenario,' Brown said. The knee-jerk market reaction could drive the euro below $1.03, he predicted. The common currency was trading 0.3% weaker at 1.0473 as of 11:40 a.m. in London, weighed by a weak reading of business activity in the region. Still, the common currency is on track to gain 1% in February, its best monthly performance since August. Michael Pfister, a currency strategist at Commerzbank, says that his base case is for a center-right alliance led by Friedrich Merz to form a government, but 'an unclear majority is clearly a risk for the euro.' Why the Euro Is Closing In on US Dollar Parity Again: QuickTake Merz's alliance has hovered at around 30% for months, with the AfD in second place at about 20%, according to the Bloomberg polling average. Chancellor Olaf Scholz's Social Democrats trail in third at around 15% and the Greens fourth at 13%. Depending on how many smaller parities secure seats in Bundestag, a three-way coalition may be needed to form a government. Confronted with those risks, options traders seem remarkably sanguine. Data from the Depository Trust & Clearing Corporation show that 60% of options that went through this year and that expire Monday are targeting a stronger euro. The euro has moved in a range of about $1.02-$1.05 since the start of the year, and the options flows suggest investors expect it will trade toward the stronger end of that range after the vote. What Bloomberg strategists say... 'From currencies to stocks, the markets are positioned for the German election to produce a result in line with what the polls have shown all along — effectively underpricing the risk of an upset. An election outcome that upends predictions sufficiently enough to make a viable and long-lasting coalition tricky will call into question any optimism surrounding a quick change to the debt-brake status and hurt the euro.' —Ven Ram, Cross-Assets Strategist, Dubai. Read the full piece here. Expectations for post-election volatility in the currency are also muted. The premium to protect against swings in the euro over a one-week period now trades around 100 basis points below the average seen so far this year, highlighting that few traders are positioned for a post-election sell off. The relative calm contrasts with the jitters seen in the run-up to the US vote in November, when overnight volatility in the euro-dollar pair surged to its highest in more than four years. Societe Generale says traders would be wise to snap up some euro protection in case there's a surprise outcome. The market's apparent confidence has left hedges looking cheap, and the French bank recommends buying options to sell the euro over the next two weeks to protect against a drop below $1.03. Risk 'Underpriced' As it stands, currency and bond markets are 'very underpriced' for the risk that the AfD unites with other parties to block budget reforms and higher spending, says Jordan Rochester, head of FICC strategy at Mizuho Bank Ltd. The 'worst outcome' for the euro 'would be evidence of significantly stronger support for the AfD than implied by current polls,' Credit Agricole strategists wrote in a note. 'This could complicate any attempts to build a coalition government consisting of mainstream parties and push the euro-dollar pair back to recent lows around 1.03,' they said. The big-picture danger is that if coalition talks drag on, Germany won't be able to push ahead with budget reforms and spending increases to revive the economy and boost its military budget. Trump is intent on dialing back the US's security role in Europe, underscoring the need for European countries to commit more to protect against the possibility of future Russian aggression. 'The market seems to be in the mindset that, because you're likely to have a coalition that wants to spend more, it's going to happen quickly,' said Sam Lynton-Brown, global head of macro strategy at BNP Paribas, in an interview with Bloomberg TV. 'But that's not how it works in Germany. The average time for a coalition to form is more than two months.' (Updates with latest euro price in the seventh paragraph) Meet Seven of America's Top Personal Finance Influencers Japan Perfected 7-Eleven. Why Can't the US Get It Right? How Med Spas Conquered America The Undocumented Workers Who Helped Build Elon Musk's Texas Gigafactory India's Most Reliable Retirement Plan: Selling Grandma's Jewelry ©2025 Bloomberg L.P. Sign in to access your portfolio
Yahoo
23-02-2025
- Business
- Yahoo
Russia Plans Talks With US on ‘Irritants' in Relations: Tass
(Bloomberg) -- Russia will hold talks with the US at the end of this week to address 'irritants' in bilateral relations, news agency Tass reported, citing Russian Deputy Foreign Minister Sergei Ryabkov. Trump Targets $128 Billion California High-Speed Rail Project Trump to Halt NY Congestion Pricing by Terminating Approval Trump Asserts Power Over NYC, Proclaims 'Long Live the King' Airbnb Billionaire Offers Pre-Fab Homes for LA Fire Victims Sorry, Kids: Disney's New York Headquarters Is for Grown-Ups The talks will be held by department heads from the countries' foreign ministries, according to Ryabkov, who said Russia expects 'real progress,' according to Tass. Meet Seven of America's Top Personal Finance Influencers India's Most Reliable Retirement Plan: Selling Grandma's Jewelry How Med Spas Conquered America The Undocumented Workers Who Helped Build Elon Musk's Texas Gigafactory Trump Job Cuts Threaten Safety at National Parks, Workers Say ©2025 Bloomberg L.P.
