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President Trump proposed a 25% tariff on countries purchasing Venezuelan oil during a cabinet meeting attended by Elon Musk, amid ongoing legal challenges and discussions on government spending cuts. Tensions escalated with Greenland's Prime Minister over Trump's aggressive moves to annex the territory, as senior U.S. officials prepare to visit.
Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
President Trump's recent memo authorizes sanctions against law firms involved in lawsuits against his administration, potentially revoking security clearances and federal contracts. This follows executive orders targeting firms like Covington & Burling and Perkins Coie, which have faced criticism from civil rights groups for undermining the legal system. Meanwhile, the administration defends its actions as necessary to prevent the judicial system from being weaponized against the public.
In his first address to Congress since returning to office, Trump defended his economic policies, including new tariffs, and emphasized his commitment to "make America rich again." He faced hecklers and criticized Democrats for their lack of decorum, while also expressing a desire for the U.S. to welcome Greenland. The speech, lasting nearly 100 minutes, focused on domestic issues, culture wars, and his administration's efforts to eliminate diversity programs.
As European markets experience mixed economic signals, dividend stocks present a viable option for enhancing portfolio stability and income. Among notable picks are Føroya Banki, which offers a 4.5% dividend yield despite a history of volatility, and Orion Oyj, a pharmaceutical company with a strong market presence. Investors should weigh the potential risks and rewards as they navigate this landscape.
FDM Group shares (LON: FDM) have seen a significant decline, dropping 24.59% in early 2025 and 47.88% over the past year. Deutsche Bank has cut its price target from 360 GBp to 275 GBp while maintaining a Hold rating, reflecting cautious optimism amid a challenging market. The stock, currently trading at 239.50p, has fallen over 80% since September 2021, as it seeks support in a fluctuating environment.
Donald Trump Jr. has joined Kalshi as a strategic advisor for its legal prediction market platform, which operates under CFTC regulation. Kalshi gained attention during the recent election, accurately predicting Trump's chances of victory at 55%, while competing with offshore operators like Polymarket, which recorded over $3.1 billion in trading volume. The platform offers contracts on various real-world events, including political and social topics, and has introduced unconventional bets, such as whether Trump would buy a portion of Greenland.
Switzerland is fortunate to remain outside the tumultuous alliances of NATO and the EU, as global powers like the USA and China engage in aggressive posturing. Amidst fears of US dominance and the chaos of leadership, the country must prioritize its independence and economic stability, avoiding entanglements that could jeopardize its prosperity. In these uncertain times, maintaining a cautious approach is essential for Switzerland's survival and growth.
GreenRoc Strategic Minerals has signed a Memorandum of Understanding with Morrow Batteries ASA to enhance its role in the European battery materials supply chain. The partnership aims to produce sustainable, high-quality graphite active anode material from GreenRoc's flagship mine at Amitsoq in Greenland, aligning with ESG practices and the growing demand for locally-sourced battery materials in Europe. The establishment of a Norwegian subsidiary further supports the development of a robust supply chain for the region's clean energy initiatives.
GRL
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
trump proposes tariffs on venezuelan oil amid tensions with greenland
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18:50 24.03.2025
Morgan Stanley announces management changes for China A Share Fund
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13:46 24.03.2025
trump administration targets law firms with sanctions over frivolous lawsuits
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12:18 24.03.2025
trump addresses congress on tariffs culture wars and international ambitions
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07:14 05.03.2025
european dividend stocks to consider for portfolio stability and income
11:01 03.03.2025
FDM Group shares decline as Deutsche Bank cuts price target to 275 GBp
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10:00 31.01.2025
donald trump jr joins kalshi as strategic advisor for prediction markets
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17:06 13.01.2025
Switzerland's isolation amid global chaos and shifting power dynamics
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06:58 10.01.2025
GreenRoc partners with Morrow Batteries to enhance sustainable battery materials supply chain
16:39 18.12.2024
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