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Trudeau and Trump discuss trade and tariffs in Florida meeting
Canadian Prime Minister Justin Trudeau described his recent meeting with U.S. President-elect Donald Trump at Mar-a-Lago as an "excellent conversation." The three-hour dinner covered a range of topics, including trade, border security, and defense, amid concerns over Trump's proposed tariffs on Canada and Mexico.
Ukraine aims to avoid debt market monetization in 2025, says central bank
Ukraine's central bank governor, Andriy Pyshnyi, expressed optimism that the country will avoid monetizing debt markets in 2025, thanks to domestic fundraising and international support. The IMF's recent approval of a $15.6 billion loan program and a $1.1 billion payout bolsters this outlook. As Ukraine prepares its 2025 budget, over a quarter of GDP is allocated for defense amid ongoing conflict with Russia.
UK loans Ukraine 2.3 billion using profits from frozen Russian assets
The UK will loan Ukraine £2.3 billion ($3 billion) for military equipment, funded by profits from frozen Russian assets. This initiative is part of a broader $50 billion support package from the Group of Seven nations and the European Union, with the UK detailing its contribution for the first time.
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