The US Department of Justice is moving to drop two federal criminal cases against Donald Trump, while Robert F. Kennedy Jr.'s nomination for a key health position raises concerns within the pharmaceutical industry. In other news, UniCredit has made a €10bn takeover bid for Banco BPM, and the EU plans to require Chinese companies to transfer technology in exchange for subsidies. Additionally, TikTok is influencing Romania's presidential race with a pro-Putin candidate emerging as a frontrunner.
Donald Trump's second term is marked by a return to an 'America First' agenda, leading to a surge in US stock markets while bond investors react negatively. Global leaders in Europe express their commitment to collaborate with Trump, despite concerns over his proposed tariff increases that could impact export-reliant economies worldwide.
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