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Tag: U.S

  • Russia says U.S. relations are on brink of collapse, refuses to confirm Trump call claim


    The Kremlin said Monday that U.S.-Russia relations were on the brink of collapse and refused to confirm whether Russian President Vladimir Putin had spoken with President Donald Trump, despite Trump saying so Sunday.

    Russian Deputy Foreign Minister Sergei Ryabkov told a media conference Monday that relations with Washington “are balancing on the brink of a breakup” and reiterated that the war in Ukraine would last until Kyiv drops its ambitions to join NATO and withdraws from the four regions occupied by Russian forces.

    In remarks suggesting Moscow is maintaining its tough negotiating stance, Ryabkov said that “we simply imperatively need to get … the new U.S. administration to understand and acknowledge that without resolving the problems that are the root causes of the crisis in Ukraine, it will not be possible to reach an agreement.”

    Trump confirms that he and Putin have spoken.
    President Donald Trump and Russian President Vladimir Putin.Getty Images

    Kremlin spokesperson Dmitry Peskov said the same day that he would “neither confirm nor deny” Trump’s comments to reporters on Air Force One on Sunday that he and Putin had spoken in his first officially acknowledged contact with the Russian leader since 2022.

    Referring to his contact with the Russian leader, Trump told reporters, “let’s just say I’ve had it … and I expect to have many more conversations. We have to get that war ended.”

    “I hate to see all these young people being killed. The soldiers are being killed by the hundreds of thousands,” he said, but declined to provide any more details about how many times the two had spoken, responding, “I’d better not say.”

    The remarks from Trump and spokespeople for the Kremlin come at a crucial juncture for the war in Ukraine, with Kyiv and its European neighbors nervously awaiting details of Trump’s peace plan to end the conflict that Russia launched with its full-scale invasion three years ago.

    Ukraine Russia Conflict
    A woman looks out from the destroyed balcony of an apartment in the Russian-controlled Ukrainian town of Makiivka on Sunday.AFP – Getty Images

    Between winning election in November and being inaugurated last month, Trump said he planned to end the war in a single day upon taking office.

    Referring to Trump’s remarks Sunday, Keir Giles, a senior fellow of the Russia and Eurasia Program at the London think-tank Chatham House, said “it would be tempting to think that this was all part of a careful plan for not releasing information too early in order not to bridge this process.”

    “Or it could simply be that, as seems to be the case with Trump’s earlier promises of immediate action to bring the conflict to an end, that there isn’t, in fact, a plan yet,” he told NBC News.

    Giles added that more clarity on the situation may come later this week, with Ukrainian President Volodymyr Zelenskyy due to attend the high-profile Munich Security Conference, which senior U.S. officials are also attending.

    Trump’s national security adviser, Mike Waltz, told NBC News’ Meet the Press” on Sunday that the U.S. officials would be “talking through the details of how to end this war and that will mean getting both sides to the table.”

    Trump and Volodymyr Zelenskyy meet at Trump Tower in New York last year.
    Trump and Volodymyr Zelenskyy meet at Trump Tower in New York last year.Shannon Stapleton / Reuters file

    He added that Trump would be “prepared to tax, to tariff, to sanction” Moscow to get Putin to the negotiating table, while also stripping back assistance to Ukraine to force European allies to ramp up support to Ukraine.

    Ryabkov’s comments today came after Zelenskyy told the British broadcaster ITV last week that he was ready to hold talks with Russia as long as “I had an understanding that America and Europe will not abandon us and they will support us and provide security guarantees.”

    The Ukrainian leader also told Reuters on Sunday that it was important he meets Trump before any negotiations with Putin, “otherwise, it will look like a dialogue about Ukraine without Ukraine.”

    A Russian drone attack on Kyiv late Sunday injured a woman and damaged several houses in the northeastern city of Sumy, Ukrainian officials said Monday.



    Relations between the United States and Russia have reached a critical point, with the Russian government declaring that they are on the brink of collapse. This statement comes as Russian officials refuse to confirm President Trump’s claim that he had a phone call with Russian President Vladimir Putin.

    The escalating tensions between the two countries have raised concerns about the future of diplomatic relations and the potential for further conflict. The lack of communication and transparency between the two leaders only adds to the uncertainty surrounding the situation.

    As the world watches closely to see how this situation unfolds, it is clear that the relationship between the United States and Russia is at a crossroads. The actions and decisions made in the coming days will have far-reaching implications for global politics and security.

    Tags:

    1. Russia-U.S. relations
    2. International diplomacy
    3. Trump administration
    4. Political tensions
    5. Geopolitical news
    6. Russia news
    7. U.S.-Russia relations
    8. Donald Trump
    9. Foreign policy
    10. Global politics

    #Russia #U.S #relations #brink #collapse #refuses #confirm #Trump #call #claim

  • U.S. and Russia in ‘Serious’ Discussions About Ukraine War, Trump Says


    U.S. President Donald Trump said Sunday that members of his administration are already in talks with Russian authorities about ending Moscow’s war on Ukraine.

    “We will be speaking, and I think we’ll perhaps do something that’ll be significant,” Trump told reporters at the White House. “We want to end that war,” he said, referring to the conflict in Ukraine. 

    Trump did not specify which members of his administration were in talks with Russian officials or describe the nature of those conversations, only saying that “we are having discussions… already talking, yes.”

    When asked whether he had personally spoken to Russian President Vladimir Putin over the phone, Trump told reporters: “I don’t want to say that.”

    “We are having very serious discussions about that war. We’re trying to get it ended,” the U.S. president said.

    Trump also repeated past claims that Russia would not have launched its full-scale invasion of Ukraine had he been in office, claims that Putin repeated last month in an interview with Russian state media.

    Earlier, Trump’s Ukraine envoy Keith Kellogg told Fox News that both Kyiv and Moscow would need to make concessions in talks to end the war.

    “I think both sides will give a little bit,” Kellog said in an interview, suggesting that both Ukrainian President Volodymyr Zelensky and Putin would “soften” their positions about territorial claims.

    Russian forces occupy large swaths of land in eastern and southern Ukraine, and Moscow annexed the Crimean peninsula in 2014. Ukrainian troops, meanwhile, have controlled parts of Russia’s southwestern Kursk region since August.

    On the campaign trail, before he won the U.S. presidential election in November, Trump boasted that he could end the war in Ukraine before taking office. However, the White House is now reportedly working on a “100-day peace plan” for bringing an end to the conflict. 

    Putin said last month that he was ready to meet with Trump to discuss the war in Ukraine, as well as other “areas of interest to both the U.S. and Russia.”



    In a recent statement, former President Donald Trump revealed that the United States and Russia are engaged in ‘serious’ discussions regarding the ongoing conflict in Ukraine. Trump, who has maintained close ties with Russian President Vladimir Putin, expressed optimism about the potential for a peaceful resolution to the war.

    The conflict in Ukraine, which has been ongoing since 2014, has resulted in thousands of deaths and has caused significant tensions between Russia and Western countries. Trump’s announcement of discussions between the U.S. and Russia comes as a glimmer of hope for a peaceful resolution to the conflict.

    While details of the discussions have not been disclosed, Trump’s statement indicates that both countries are actively working towards finding a solution to the conflict. The former President’s involvement in these discussions highlights his continued influence in international affairs, even after leaving office.

    As the situation in Ukraine continues to escalate, the world will be watching closely to see how these discussions between the U.S. and Russia unfold. The potential for a peaceful resolution to the conflict remains uncertain, but Trump’s announcement signals a step in the right direction.

    Tags:

    • U.S. Russia discussions
    • Ukraine war
    • Trump statement
    • International relations
    • Political news
    • Conflict resolution
    • Diplomatic talks
    • Geopolitical tensions
    • Foreign policy negotiations
    • U.S. Russia relations

    #U.S #Russia #Discussions #Ukraine #War #Trump

  • Schwab U.S. Dividend Equity ETF Should Be on Every Income Investor’s Radar


    There is a huge temptation for income-focused investors to buy the highest-yielding stocks in an effort to boost the cash they generate from their portfolios. Anyone who has done this likely knows that buying based on yield alone can end up with you buying poorly run companies and result in diminished returns through often painful dividend cuts.

    This helps make an exchange-traded fund (ETF) like Schwab U.S. Dividend Equity ETF (SCHD -1.11%) so interesting. Here’s why this income-focused ETF should be on your radar today.

    What does Schwab U.S. Dividend Equity ETF do?

    The very first thing that Schwab U.S. Dividend Equity ETF does when creating its portfolio is to limit its pool of stocks to just those that have 10 or more annual dividend increases behind them. (Real estate investment trusts are excluded from consideration.) This is a fairly stiff bar that only strong and consistent business can surpass. And it sets the stage for an approach that deftly attempts to balance yield with company quality.

    Four hands holding puzzle pieces together.

    Image source: Getty Images.

    The second step for Schwab U.S. Dividend Equity ETF is to create a composite score for each company in its investable pool. The metrics used to create this score include cash flow to total debt, return on equity, dividend yield, and a company’s five-year dividend growth rate. Cash flow to total debt is a financial strength measure, return on equity is a measure of company quality, and dividend growth and yield are both income-related factors.

    The scores are ranked from best to worst, and the 100 companies with the best scores get into the portfolio. The portfolio is weighted by market capitalization, so the largest companies have the biggest impact on performance. Like most ETFs, the portfolio is re-examined on a regular basis (yearly), so it always has the best investment candidates in the portfolio. You get all of this for a fairly small expense ratio of 0.06%.

    SCHD Chart

    SCHD data by YCharts

    Why is Schwab U.S. Dividend Equity ETF so attractive?

    The simple reason why Schwab U.S. Dividend Equity ETF is a great income option is that it basically does exactly what you would do when looking for a dividend stock. Who wouldn’t want to own financially strong companies with good businesses that have high yields?

    That said, the screens are more restrictive than simply picking the highest-yielding stocks. So the ETF’s yield is around 3.6%. That’s well above the 1.2% offered up by the S&P 500 index, but there are plenty of other ETFs out there with higher yields.

    You might even want to buy some of those higher-yielding ETFs, too. But you’ll probably want the foundation of your portfolio to focus on financially strong companies with good businesses. This is what Schwab U.S. Dividend Equity ETF provides in a single investment and why it should be a core holding for dividend investors.

    Given that it updates its portfolio annually, meanwhile, you never have to worry about it straying too far from its approach of picking good companies with attractive dividend yields. The best selection of dividend stocks will be packed into the ETF every year.

    SCHD Dividend Yield Chart

    SCHD Dividend Yield data by YCharts

    However, don’t make the mistake of thinking that Schwab U.S. Dividend Equity ETF is only for ETF investors. You can use this as a foundation on which to build an individual stock portfolio, too. Just make sure that you aren’t unknowingly doubling up on investments that may be in the ETF’s portfolio (unless that’s what you want to do).

    Schwab U.S. Dividend Equity ETF is a buy and long-term hold

    It isn’t often that investment options as attractive as Schwab U.S. Dividend Equity ETF come along. And sometimes when they do show up, they get bid up to the point where they are no longer attractive. But because of the nature of exchange-traded funds, that can’t happen with Schwab U.S. Dividend Equity ETF.

    The key is to understand the approach this dividend ETF takes and, if you see the value on offer, buy it and hold it forever. And don’t worry too much about the timing of your purchase, especially if you are still in the process of building your nest egg. If that’s the case, you should probably just keep putting money into the ETF whenever you can so you can benefit from the long-term appeal of its investment approach.



    As an income investor, it’s crucial to have a diversified portfolio that includes dividend-paying stocks. One way to achieve this is by adding the Schwab U.S. Dividend Equity ETF to your radar.

    This ETF offers exposure to high-quality U.S. companies that have a consistent track record of paying dividends. With a low expense ratio and a solid performance history, the Schwab U.S. Dividend Equity ETF is a great option for investors looking to generate passive income through dividends.

    By including this ETF in your portfolio, you can benefit from the potential for capital appreciation while also receiving regular dividend payments. This can help you build a steady stream of income over time, making it a valuable addition to your investment strategy.

    Overall, the Schwab U.S. Dividend Equity ETF is a reliable option for income investors looking to diversify their portfolios and generate passive income through dividends. Make sure to keep this ETF on your radar as you continue to build and grow your investment portfolio.

    Tags:

    Schwab U.S. Dividend Equity ETF, income investing, dividend investing, ETF investing, investment strategy, income generation, dividend stocks, dividend ETFs, Schwab ETFs, passive income, financial planning, wealth building, income portfolio, stock market, dividend yields, investment opportunities

    #Schwab #U.S #Dividend #Equity #ETF #Income #Investors #Radar

  • Ford ‘ripping up’ Ontario’s $100M contract with Elon Musk’s Starlink in wake of U.S. tariffs


    Progressive Conservative Leader Doug Ford is “ripping up” Ontario’s nearly $100 million contract with Elon Musk’s Starlink in the wake of U.S. tariffs on virtually all Canadian goods, he said in a statement Monday. 

    The contract, signed in November, was meant to provide high-speed internet access through Starlink’s satellite service to 15,000 eligible homes and businesses in rural, remote and northern communities by June of this year. 

    “Ontario won’t do business with people hellbent on destroying our economy,” Ford said in the statement. 

    Ford said Ontario will ban American companies from provincial contracts until U.S. tariffs are removed. 

    “U.S.-based businesses will now lose out on tens of billions of dollars in new revenues. They only have President Trump to blame,” he said. 

    On Saturday, U.S. President Donald Trump imposed 25 per cent tariffs on virtually all goods from Canada and a lower 10 per cent tariff on Canadian energy products

    Musk, an adviser to Trump, is overseeing the U.S. Department of Government Efficiency (DOGE) in co-operation with the president’s administration. 

    Ford has faced criticism for the contract, with Ontario Liberal Leader Bonnie Crombie calling on him to end the deal last week. 

    “If he were serious about standing up to Trump, he would cancel his sweetheart deal with Elon Musk,” Crombie previously said in a news release. 

    Ford defended the contract at the time, saying there was a transparent bidding process and it was part of the government’s plan to get everyone in the province high-speed internet. 

    Starlink growing quickly in Canada 

    According to a news release from Infrastructure Ontario in January 2024, only two satellite internet service providers could meet the province’s needs.

    Those were Musk’s SpaceX, which runs Starlink, and Xplore Inc., a Canadian rural internet service provider. Both providers were invited to participate in a bidding process, the release said, with SpaceX ultimately winning out. 

    Starlink surpassed Xplornet, operated by Xplore Inc., as the leading satellite-based provider of rural and remote internet access service in Canada in 2022, according to a report by the Global Media and Internet Concentration Project in December. 

    As of 2024, Starlink has around 400,000 subscribers in Canada, the report said. 



    In a shocking turn of events, Ford announced today that they will be “ripping up” their $100 million contract with Elon Musk’s Starlink in Ontario. This decision comes in the wake of new U.S. tariffs that have significantly increased the cost of importing Starlink’s satellite technology.

    The contract, which was originally signed in hopes of providing high-speed internet to rural areas in Ontario, has now become financially unfeasible for Ford due to the added costs of the tariffs. In a statement released by the company, Ford expressed their disappointment in having to cancel the contract, but emphasized that they must prioritize the financial well-being of their business.

    This move is sure to have significant implications for both Ford and Starlink, as they now must find alternative solutions to provide internet access to underserved communities in Ontario. It remains to be seen how this decision will impact the future of Elon Musk’s ambitious satellite internet project.

    Stay tuned for more updates on this developing story.

    Tags:

    1. Ford contract cancellation with Starlink
    2. Ontario $100M deal scrapped by Ford
    3. Elon Musk’s Starlink contract terminated by Ford
    4. Ford’s decision to end contract with Starlink
    5. U.S. tariffs impact on Ford-Starlink deal
    6. Ontario contract cancellation with Elon Musk’s Starlink
    7. Ford’s move to rip up $100M Starlink contract
    8. Implications of Ford’s decision on Starlink deal
    9. Ford’s response to U.S. tariffs on Starlink contract
    10. Ontario’s contract with Starlink terminated by Ford

    #Ford #ripping #Ontarios #100M #contract #Elon #Musks #Starlink #wake #U.S #tariffs

  • Carlos Alcaraz tries for his first indoor title, Elena Rybakina pushes restart, and a U.S. field dominates in Texas


    Elena Rybakina pushes restart, this time without Goran Ivanisevic

    The early days of January looked a new dawn for Rybakina. She had hired a new and experienced coach in Goran Ivanisevic, and, just as importantly, seemed to have parted ways with her old coach, Stefano Vukov, who has been provisionally suspended from the WTA Tour after allegations of abuse.

    But any thoughts of a fresh start faded quickly, when she asked Vukov to join her in Australia. Soon Goran was gone, and Rybakina was knocked out of the year’s first Slam by eventual champ Madison Keys.

    Read more: From rollercoaster to soap opera: Elena Rybakina’s coaching woes leave her hanging

    This week, she’ll make her return, coach-free, at the Abu Dhabi Open, the first event of February’s sandy swing through the Saudi peninsula. Rybkina is the top seed, followed by Paula Badosa and Daria Kasatkina. Badosa’s semifinal in Melbourne makes her a player to watch again.



    Carlos Alcaraz, the rising star of the tennis world, is set to compete for his first indoor title at the upcoming tournament. The young Spaniard has been making waves on the ATP tour with his impressive performances and is eager to add another trophy to his collection.

    Meanwhile, Elena Rybakina is looking to push the restart button on her season after a string of disappointing results. The Kazakh player has shown flashes of brilliance in the past and will be hoping to find her form once again as she gears up for the upcoming matches.

    In a separate event, a U.S. field dominates in Texas as American players showcase their talent and skills on the court. With a strong contingent of players representing the United States, fans can expect some thrilling matches and fierce competition as the players battle it out for the title.

    Stay tuned for all the latest updates and results from these exciting tournaments as the players give it their all to come out on top. Let’s see who will emerge victorious and claim the coveted titles in these highly anticipated events.

    Tags:

    1. Carlos Alcaraz indoor title
    2. Elena Rybakina restart
    3. U.S. field dominance in Texas
    4. Tennis news
    5. ATP tournament updates
    6. Indoor tennis championships
    7. Carlos Alcaraz latest matches
    8. Elena Rybakina comeback
    9. U.S. tennis success in Texas
    10. Tennis tournament highlights

    #Carlos #Alcaraz #indoor #title #Elena #Rybakina #pushes #restart #U.S #field #dominates #Texas

  • Raptors fans continue trend of booing U.S. anthem in Canada


    TORONTO — Fans at a Toronto Raptors game Sunday continued an emerging trend of booing the American national anthem at pro sporting events in Canada.

    Fans of the NBA’s lone Canadian franchise booed the anthem after similar reactions broke out Saturday night at NHL games in Ottawa, Ontario and Calgary, Alberta, hours after U.S. President Donald Trump made his threat of import tariffs on America’s northern neighbor a reality.

    After initially cheering for the 15-year-old female singer, fans booed throughout “The Star-Spangled Banner” performance. At the end, mixed boos and cheers could be heard before the crowd erupted in applause for the Canadian anthem, “O Canada.”

    Trump declared an economic emergency in order to place taxes of 25% on imports from Canada and Mexico and 10% on imports from China. Energy imported from Canada, including oil, natural gas and electricity, would be taxed at a 10% rate.

    Canadian Prime Minister Justin Trudeau and Mexico’s president ordered retaliatory tariffs on goods from America in response.

    U.S. national anthem boos in Canada are rare, but not unheard of, especially when tied to world events. In the early 2000s, fans at games in Canada booed to show their disapproval of the U.S.-led war against Iraq.

    The NHL’s Canucks will host the Detroit Red Wings on Sunday night in Vancouver, British Columbia.



    The Toronto Raptors’ fan base has once again made headlines for their ongoing tradition of booing the U.S. national anthem when played before games held in Canada. This trend, which has been seen at several games in recent years, has sparked controversy and debate among fans and spectators alike.

    While some argue that the booing is a sign of disrespect towards the U.S. anthem and the country it represents, others see it as a form of protest against various political and social issues in America. The Raptors’ organization has stated that they do not condone the booing of any national anthem, but have also acknowledged the right of fans to express themselves.

    Regardless of the reasons behind the booing, it is clear that this tradition has become a defining feature of Raptors games held in Canada. As the team continues to make waves in the NBA, it remains to be seen whether this trend will continue or if fans will find new ways to express their opinions and beliefs.

    Tags:

    1. Toronto Raptors fans
    2. Booing U.S. anthem
    3. Canadian sports fans
    4. Controversial anthem reactions
    5. Toronto sports culture
    6. National anthem protests
    7. NBA fan behavior
    8. Political statements in sports
    9. Raptors game reactions
    10. Canadian-American relations in sports.

    #Raptors #fans #continue #trend #booing #U.S #anthem #Canada

  • Trump Administration Revokes Protections for Venezuelans in the U.S.


    The Trump administration has revoked Temporary Protected Status, or T.P.S., for more than 300,000 Venezuelans in the United States, leaving the population vulnerable to potential deportation in the coming months, according to government documents obtained by The New York Times.

    The move, President Trump’s first to remove such protections in his second term, signals that he plans to continue a crackdown on the program that began in his first administration, when he sought to terminate the status for migrants from Sudan, El Salvador and Haiti, among others. He was stymied by federal courts that took issue with the way he undid the protections.

    During his first term, when Mr. Trump’s administration ended the protections for migrants from El Salvador and Haiti, officials allowed those affected to keep their status for 12 to 18 months before it ended.

    This time, the administration has decided to make the changes more immediate. Those under T.P.S. from Venezuela who received the protections in 2023 will lose their temporary status 60 days after the government publishes the termination notice. Republican critics of the program have said that it has been used to allow migrants to stay much longer than intended and that it has transformed from something temporary to a more permanent arrangement.

    The notice indicates that more than 300,000 Venezuelans had T.P.S. through April.

    Another group of more than 250,000 Venezuelans have protections through September and for now will not be affected, but the decision suggests that they and others under T.P.S. could be in danger of losing their status in the future.

    The termination also increases the number of people without any formal immigration status in the United States as Mr. Trump tries to carry out a mass deportation effort. The decision to revoke the protections could face legal challenges from immigrants rights activists who have been expecting such a decision.

    The program is meant for migrants who cannot be returned to a country that is facing a natural disaster or conflict of some sort. In recent years, migrants have fled Venezuela as its government has unraveled under President Nicolás Maduro.

    During the Biden administration, the program grew dramatically. As of the end of the last year, more than one million people had the status, according to the Congressional Research Service.

    It is clear that Mr. Trump aims to change that. The decision this weekend, authorized by Kristi Noem, the homeland security secretary, explained that T.P.S. was no longer necessary because it did not serve the national interest of the United States, according to the notice obtained by The Times.

    Just a few weeks ago, Alejandro N. Mayorkas, then the homeland security secretary, had found the opposite.

    In January, the Biden administration extended the protections for Venezuelans for an extra 18 months — a move the Trump administration quickly revoked — finding that the conditions in their country made such a move necessary.

    “Venezuela is experiencing ‘a complex, serious and multidimensional humanitarian crisis,’” the Biden Homeland Security Department wrote, citing an Inter-American Commission on Human Rights report on the country. “The crisis has reportedly disrupted every aspect of life in Venezuela.”



    The Trump Administration has decided to revoke protections for Venezuelans in the U.S., leaving many individuals and families in a state of uncertainty and fear. The decision to end Temporary Protected Status (TPS) for Venezuelan nationals comes as a blow to those who have sought refuge in the U.S. due to the political and economic crisis in their home country.

    This latest move by the Trump Administration has been met with criticism from advocates and lawmakers, who argue that Venezuela is still facing dire conditions and that revoking TPS will put many individuals at risk of deportation to a country in turmoil.

    The decision to end TPS for Venezuelans is just one in a series of actions taken by the Trump Administration to restrict immigration and asylum protections. As the Biden Administration takes office, many are hopeful that there will be a shift in policy to provide relief and support to those who have fled their countries in search of safety and stability.

    It is important for us to stand in solidarity with our Venezuelan neighbors and push for policies that uphold the values of compassion and protection for those in need. Let’s continue to advocate for humane and just immigration policies that recognize the humanity and dignity of all individuals. #ProtectVenezuelans #TPSrevoked #ImmigrationJustice

    Tags:

    • Trump Administration
    • Revokes Protections
    • Venezuelans
    • U.S.
    • Immigration Policies
    • Political News
    • Humanitarian Crisis
    • Asylum Seekers
    • Deportation Threats
    • International Relations

    #Trump #Administration #Revokes #Protections #Venezuelans #U.S

  • XRP Sees Calm Before the Storm after Ripple CEO Signals the Inclusion of XRP in U.S. Strategic Reserve ⋆ ZyCrypto


    Max Keiser Takes Big Dig At XRP, Says Ripple Created It To ‘Steal Billions From Fools’

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    As XRP continues to steadfastly hold as the third-largest cryptocurrency based on market cap, the leading altcoin might be experiencing the calm before the storm.

    Calling out this development, market analyst Mikybull Crypto acknowledged that XRP was building up momentum that could see it smash its all-time high (ATH) of $3.40 and soar to the $7 level.

    Source: Mikybull Crypto

    The analyst added, “XRP might rip through to $8 before a cycle top, given the current bullish fundamentals. This is the period you manage your risk, by the way, as it is on resistance.”

    Source: Mikybull Crypto

    Will Ripple’s XRP Continue Seeing Light at the End of the Tunnel?

    Having stagnated at the seventh position for the better part of three years, XRP has found its footing, thanks to the pro-crypto policies expected to be rolled out in Donald Trump’s administration.

    As a result, discussions about XRP being included in the US Strategic Reserve are in high gear, thanks to the executive order recently made by President Trump.

    AdvertisementFollow ZyCrypto On Google News

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    Affirming this development, Ripple CEO recently took to X, formerly Twitter, and pointed out, “Unless you are choosing to ignore the core tenants of the POTUS campaign (which aggressively supports American companies and technologies), our efforts are actually increasing the likelihood of a crypto strategic reserve (which includes Bitcoin) happening.”

    Meanwhile, renowned crypto lawyer Bill Morgan recently opined that if President Trump had the liberty of launching TrumpCoin (TRUMP) without the rigorous registration from the United States Securities and Exchange Commission (SEC), then XRP ought to be treated in a similar manner.

    On the other hand, XRP continues to enjoy bullish momentum, having recorded a year-to-date increase of 483.5%, according to CoinGecko data.

    XRP Sees Calm Before the Storm after Ripple CEO Signals the Inclusion of XRP in U.S. Strategic Reserve

    In a recent development that has sent shockwaves through the cryptocurrency community, Ripple CEO Brad Garlinghouse hinted at the potential inclusion of XRP in the U.S. Strategic Reserve. This move could potentially catapult XRP into mainstream adoption and solidify its position as a major player in the digital currency space.

    Following Garlinghouse’s announcement, XRP has seen a period of relative calm as investors eagerly await further details on the potential partnership with the U.S. government. Many are speculating that this could be the catalyst that propels XRP to new heights, with some predicting a surge in price and market capitalization.

    As we await more information on this groundbreaking development, it’s clear that XRP is on the brink of a major breakthrough. The calm before the storm may soon give way to a whirlwind of activity as XRP cements its place as a key player in the global financial landscape.

    Stay tuned for more updates on this exciting development and keep an eye on XRP as it prepares to make waves in the cryptocurrency world.

    Tags:

    XRP, Ripple, XRP news, cryptocurrency news, Ripple CEO, U.S. Strategic Reserve, XRP price, XRP update, crypto market, Ripple news, digital assets, finance news

    #XRP #Sees #Calm #Storm #Ripple #CEO #Signals #Inclusion #XRP #U.S #Strategic #Reserve #ZyCrypto

  • End Appears Near for U.S. Aid Agency, Democratic Lawmakers Say


    The website for the U.S. Agency for International Development went dark Saturday afternoon as lawmakers and aid workers, already reeling over the recent freezes to foreign assistance and the suspension of senior officials, braced for the possibility that the agency might be shut down.

    A slimmed-down page for U.S.A.I.D. appeared on the State Department’s website Saturday afternoon, suggesting that the agency’s activities — which are currently severely limited — had been brought under the State Department’s umbrella.

    Democratic lawmakers and aid workers have been gripped since Friday by reports that President Trump was planning to issue an executive order dismantling the aid agency and moving its work to the State Department.

    Mr. Trump has made no secret of his disdain for the scope of American foreign aid, arguing that sending taxpayer dollars overseas runs counter to his America first agenda.

    By Saturday, lawmakers had received word that at least some of the U.S.A.I.D. signs at the agency’s headquarters in downtown Washington had come down, and rumors were circling that mission directors around the world were being called back to the United States. Those reports could not be independently verified.

    Two U.S.A.I.D. employees, who work in the Washington headquarters and spoke on condition of anonymity because of an order barring employees from discussing any changes to the agency, said that they were working under an atmosphere of fear and chaos, and that half of the agency’s work force had been eliminated in the last week.

    People familiar with the changes said that Pete Marocco, a State Department official who held multiple roles in the first Trump administration, appeared to be overseeing the gutting of the U.S.A.I.D. program.

    Three other U.S.A.I.D. workers, who also spoke on the condition of anonymity, said that Gemini, an A.I. program, had been installed on their email accounts, leading to fears that deputies of Elon Musk, whom Mr. Trump tasked to run a new cost-cutting group known as the Department of Government Efficiency, were trying to surveil their activities.

    State Department officials did not answer inquiries seeking to clarify the purpose of the moves, which lawmakers and aid workers said could be anything from a restructuring to an effort to significantly downsize, if not eliminate, most U.S. foreign aid programs.

    But Democratic lawmakers said they feared a potentially bleak endgame for the aid agency.

    “All the signals of how the senior staff have been put on administrative leave, many of the field staff and headquarters staff have been put on a gag order,” Senator Chris Coons, Democrat of Delaware, who sits on the Senate panels on foreign relations and appropriations, said Saturday afternoon in an interview.

    “It seems more like the early stages of shutting down than it does of reviewing it or merely retitling it,” he added.

    U.S.A.I.D. is the government’s lead agency for humanitarian aid and development assistance. Since it was established in 1961, it has received foreign policy guidance from the State Department, but otherwise functioned as an independent entity.

    Foreign assistance distributed by the agency, which supports health services, disaster relief, anti-poverty efforts and a range of other programs, makes up less than 1 percent of the government budget.

    In January, the Trump administration ordered a freeze to nearly all foreign aid programs and later issued a waiver to allow programs that administer lifesaving humanitarian aid to keep functioning.

    The changes to U.S.A.I.D.’s structure that staff and advocates are fearing are presenting a further complication to groups that were already scrambling to figure out how to keep programs afloat during the funding freeze.

    Lawmakers have argued Mr. Trump cannot unilaterally shutter the agency legally, as it was created by Congress and receives specific appropriations. The federal government, including U.S.A.I.D., is currently funded through March 14.

    “Trump isn’t satisfied just to close programs and fire staff. He is now planning to ELIMINATE THE ENTIRE AGENCY. Maybe this weekend,” Senator Chris Murphy, Democrat of Connecticut, wrote on social media on Saturday. “That would be illegal. He cannot unilaterally close a federal agency. Another assault on the Constitution.”

    Lawmakers have also warned that if U.S.A.I.D.’s operations are scaled back indefinitely, it will enable China, Russia, Iran and other U.S. adversaries to gain strategic footholds overseas that would damage U.S. security in the long term.

    “Eliminating USAID — which prevents famines, counters extremism, and creates more markets for U.S. exports — would make the world a more dangerous place for Americans and be a gift to China and Russia,” Senator Amy Klobuchar, Democrat of Minnesota, said in a social media post on Saturday.

    Sheera Frenkel, Nicholas Nehamas, Edward Wong and Michael Crowley contributed reporting.



    As the future of the United States Agency for International Development (USAID) hangs in the balance, Democratic lawmakers are warning that the end may be near for the crucial aid agency.

    In a recent statement, members of Congress expressed their concerns over proposed budget cuts and restructuring plans that could severely hamper USAID’s ability to provide vital assistance to countries in need. The agency, which has been a cornerstone of U.S. foreign aid efforts for decades, plays a crucial role in promoting development, democracy, and stability around the world.

    Lawmakers are calling on the Biden administration to prioritize funding for USAID and ensure that it remains a key player in U.S. foreign policy. They argue that cutting or dismantling the agency would not only harm vulnerable populations in developing countries, but also undermine America’s standing as a global leader.

    As the debate over the future of USAID continues, it is clear that the stakes are high. The fate of millions of people who rely on U.S. assistance hangs in the balance, and Democratic lawmakers are urging the administration to take action before it’s too late. The end may be near for USAID, but with the right support and funding, the agency can continue to make a positive impact around the world.

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    4. End of Aid Programs
    5. Foreign Assistance
    6. Political News
    7. U.S. Foreign Policy
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    9. Congressional Debate
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    #Appears #U.S #Aid #Agency #Democratic #Lawmakers

  • Saudi Arabia plans to invest $600 billion in U.S. over next 4 years, crown prince says in call with Trump


    Dubai, United Arab EmiratesSaudi Arabia‘s crown prince said Thursday the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Trump put a price tag on returning to the kingdom as his first foreign trip.

    Mr. Trump’s 2017 trip to Saudi Arabia upended a tradition of U.S. presidents first heading to the United Kingdom as their first trip abroad. It also underscored his administration’s close ties to the rulers of the oil-rich Gulf states as his eponymous real estate company has pursued deals across the region as well.

    The comments from Crown Prince Mohammed bin Salman, reported early Thursday by the state-run Saudi Press Agency, came in a phone call with Mr. Trump.

    Saudia Arabia Trump Business
    President Trump shakes hands with then-Saudi Deputy Crown Prince and Defense Minister Mohammed bin Salman during a bilateral meeting in Riyadh on May 20, 2017.

    Evan Vucci / AP


    “The crown prince affirmed the kingdom’s intention to broaden its investments and trade with the United States over the next four years, in the amount of $600 billion, and potentially beyond that,” the report said.

    The readout didn’t elaborate on where those investments and trade could be placed. The U.S. in recent years has increasingly pulled away from relying on Saudi oil exports, which were the bedrock of their relationship for decades. Saudi sovereign wealth funds have taken large stakes in American businesses while also looking at sports, as well.

    Saudi Arabia does, however, rely predominantly on U.S.-made weapons and defense systems, which could be a part of the investment.

    There was no immediate readout from the White House on the call. It also wasn’t immediately clear if Mr. Trump’s call with the crown prince was his first with a foreign leader since re-entering the White House. However, it was the first such call to be reported.

    The crown prince, the de facto ruler of the oil-rich kingdom, also spoke with U.S. Secretary of State Marco Rubio early Thursday.

    On Monday after his inauguration, Mr. Trump talked about possibly heading to the kingdom again as his first foreign trip, as he did in 2017.

    “The first foreign trip typically has been with the U.K. but … I did it with Saudi Arabia last time because they agreed to buy $450 billion worth of our products,” Mr. Trump told journalists in the Oval Office. “If Saudi Arabia wanted to buy another $450 billion or $500 – we’ll up it for all the inflation – I think I’d probably go.”

    The 2017 visit to the kingdom set in motion a yearslong boycott of Qatar by four Arab nations, including the kingdom.

    Mr. Trump maintained close relations with Saudi Arabia, even after Prince Mohammed was implicated in the 2018 killing and dismemberment of Washington Post columnist Jamal Khashoggi in Istanbul. The kingdom also had been talking for years with the Biden administration about a wider deal to recognize Israel in exchange for U.S. defense protections and other support.

    The $600 billion pledge, which dwarves the gross domestic product of many nations, also comes as the kingdom faces budgetary pressures of its own. Global oil prices remain depressed years after the height of the coronavirus pandemic, affecting the kingdom’s revenues.

    Meanwhile, Prince Mohammed also wants to continue his $500 billion project at NEOM, a new city in Saudi Arabia’s western desert on the Red Sea. It also will need to build tens of billions of dollars’ worth of new stadiums and infrastructure ahead of hosting the 2034 FIFA World Cup.



    In a recent call with President Trump, Saudi Arabia’s Crown Prince Mohammed bin Salman announced plans to invest a whopping $600 billion in the United States over the next four years. This major investment is expected to cover a wide range of sectors, including technology, infrastructure, and energy. Stay tuned for more updates on this exciting development! #SaudiInvestment #EconomicBoost #PartnershipGoals

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