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Mike Myers returned to "Saturday Night Live" to portray Elon Musk, channeling Dr. Evil energy in a cold open where President Trump mediated a humorous exchange between Musk and Secretary of State Marco Rubio. Myers' Musk reflected on his controversial status and financial losses while delivering playful jabs.Lady Gaga hosted the episode, humorously addressing the poor reception of her film "Joker: Folie à Deux" and her Razzie win, while also performing songs from her new album "Mayhem." She shared anecdotes about her fiancé, Michael Polansky, adding a personal touch to her monologue.
Elon Musk warned that Ukraine's frontline could collapse if he deactivates his Starlink satellite internet, which is crucial for military communications. He criticized President Zelensky for prolonging the war and suggested sanctions on Ukrainian oligarchs to halt the conflict. Musk also proposed amnesty for Zelensky in exchange for a peaceful transition to democracy in Ukraine.
Colin Jost targeted Elon Musk during the latest "Weekend Update" on SNL, humorously dubbing him "White Kanye" and commenting on his attire at a cabinet meeting. Michael Che also took jabs at Musk, referencing the explosion of SpaceX's Starship and making light of President Trump's recent controversial statements. The segment included jokes about international relations and sports, showcasing the show's signature satirical style.
Elon Musk's AI chatbot, Grok, has assessed a 75-90% likelihood that President Trump is a "Russian asset" compromised by Vladimir Putin, citing Trump's financial ties to Russia and his consistent defense of Putin. This claim has reignited scrutiny over Trump's relationship with Russia amid ongoing geopolitical tensions. Critics, including politicians, have echoed concerns about the implications of such a connection.
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.
Gold prices are on a record rally, driven by geopolitical tensions and US trade policies, with UBS raising its price target to $3,200 for later this year. Central bank demand, particularly from China, is also contributing to this upward trend, as gold is increasingly viewed as a safe haven asset amid economic uncertainty. Investor positioning remains weak, indicating potential for further portfolio additions.
Elon Musk is seen as potentially more influential than Rupert Murdoch in shaping American politics, with concerns about his deep ties to the government and control over critical technologies like Starlink. Experts warn that reliance on a single provider for satellite communications poses risks, urging Australia to secure independent capabilities. Meanwhile, political analysts question the effectiveness of Australia's relationship with the U.S. under President Trump, emphasizing the need for democratic nations to strengthen their alliances to support global stability.
Elon Musk and several Republican lawmakers have expressed support for the U.S. withdrawal from NATO and the United Nations, citing concerns over America's contributions versus benefits. However, legal hurdles exist, as a 2023 law requires Senate approval for such a move. The repercussions of withdrawal could destabilize Europe, diminish U.S. global influence, and empower adversaries like China.
European defense stocks, including Leonardo, Thales, and Rheinmetall, surged following a summit emphasizing increased defense spending amid rising geopolitical tensions. European leaders are motivated to enhance their military capabilities independently, especially after a contentious meeting between U.S. and Ukrainian leaders. The bullish trend in defense stocks is expected to continue, with Leonardo reaching an all-time high, although short-term corrections may occur ahead of the upcoming European Council meeting on March 6.
Oil prices rose on Monday, buoyed by positive manufacturing data from China, the largest crude importer, which indicated increased fuel demand. Brent crude climbed to $73.17 a barrel, while US West Texas Intermediate reached $70.10, despite looming uncertainties over US tariffs and the Ukraine conflict.Analysts noted that while China's manufacturing activity showed signs of expansion, the economic outlook remains cautious due to impending tariffs. Additionally, ongoing tensions in Ukraine and attacks on Russian refineries are raising concerns about supply stability.
Volodymyr Zelenskyy
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