1. Tariff Tensions between the US and China: Donald Trump announced tariffs on $200 billion worth of Chinese imports, leading China to retaliate with tariffs on US goods. This event is significantly impacting global markets and trade relations. (Link: https://finance.yahoo.com/news/china-hits-back-us-responds-110445943.html) 2. Marathon Petroleum's Earnings Beat: Marathon Petroleum reported better-than-expected fourth-quarter earnings, boosted by its midstream segment. (Link:
Yahoo Finance
Marathon Petroleum Q4 profit beats amid challenging margin environment
(Reuters) -U.S. refiner Marathon Petroleum posted a sharp decline in fourth-quarter earnings on Tuesday but still beat Wall Street estimates, as st...
) 3. Alphabet's Q4 Earnings Report: Alphabet, the parent company of Google, is set to release its fourth-quarter earnings, with investors closely watching for updates on cloud growth and AI spending. (Link:
Yahoo Finance
Alphabet stock tumbles after cloud revenue miss, spending growth
Google reported its Q4 earnings after the bell Tuesday, missing on cloud expectations.
) 4. Record Number of American CEOs Quitting: A report suggests a record number of American CEOs are quitting their positions. This could have significant implications for business stability and leadership. (Link:
Record Number Of American CEOs Quit: Report | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
) 5. North Korean Troops Pull Back from Russia-Ukraine Front Line: North Korean troops have reportedly withdrawn from their positions along the Russia-Ukraine border, raising questions about the geopolitical dynamics in the region. (Link:
Al Jazeera
North Korean troops reportedly pulled back from Russia-Ukraine front line
Soldiers sent by Pyongyang to Russia's Kursk region halt combat after suffering major casualties, South Korea says.
)
1. US-Canada-Mexico Tariffs: Trump announces a 30-day pause on tariffs on Canada and Mexico, following negotiations with Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador. (Source:
The Times of India
US halts tariffs on Canada, Mexico for 30 days after Trump speaks to Justin Trudeau, and Claudia Sheinbaum | World News - The Times of India
US News: US President Donald Trump agreed to pause planned tariffs on Mexico and Canada for 30 days due to steps taken by both countries on border ...
) 2. Google Antitrust Probe in China: The Chinese government announces an antitrust probe into Google, raising concerns about the tech giant's market dominance in the country. (Source:
CNBC
China to launch probe into Google over alleged antitrust violations
China's regulatory body said it would begin an antitrust investigation into Google over alleged anti-competitive market behavior.
) 3. Ethereum Price Surge: Ethereum's price surges by 25%, with Eric Trump issuing a surprise endorsement for the cryptocurrency. (Source:
Fortune
Ethereum shoots up 25%, Eric Trump issues surprise endorsement | Fortune
The sudden rise comes barely 24 hours after the price of Ethereum plunged, and was aided by a plug from the President's son.
) 4. China-US Trade Tensions: China announces it will levy tariffs of up to 15% on select U.S. imports, starting February 10, escalating trade tensions between the two countries. (Source:
CNBC
China retaliates with additional tariffs of up to 15% on select U.S. imports starting Feb. 10
China also announced an investigation into Alphabet's Google alleging the American technology giant had violated the country's anti-monopoly law.
) 5. El Salvador's Offer to Detain U.S. Deportees: El Salvador offers to detain U.S. deportees and imprison U.S. convicted criminals, a proposal that has sparked controversy and debate. (Source: https://time.com/7212654/el-salvador-offer-detain-us-deportees-american-prisoners-bukele-rubio/)
1. Mexico and the United States Reach Deal on Tariffs: Mexico managed to stave off Trump's tariffs after reaching a deal with the United States. The deal involves Mexico sending more troops to its southern border to help control migration. (
Mexico Managed to Stave Off Trump’s Tariffs. Now What?
Mexico managed to temporarily avoid President Trump’s threatened 25 percent tariffs by making promises on border security, but it is unclear if t...
) 2. Trump Orders Creation of U.S. Sovereign Wealth Fund: President Trump signed an executive order to establish a U.S. sovereign wealth fund, which could potentially be used to buy assets like TikTok. (
Al Jazeera
Trump orders creation of sovereign wealth fund, says it could buy TikTok
Investors were surprised by the news because the US runs a deficit and doesn't have the finances needed for such a fund.
) 3. Canadian Tariffs Delayed: The United States and Canada agreed to delay tariffs for at least 30 days. The deal includes more border enforcement to control the flow of illegal immigration. (
Fox News
Trump agrees to pause tariffs on Canada in exchange for more border enforcement
President Donald Trump has agreed to pause tariffs on Canada in exchange for more border enforcement, Prime Minister Justin Trudeau said.
) 4. Bitcoin Price Drops: The price of Bitcoin dropped significantly due to concerns about tariffs and economic uncertainty. (
Fortune
Bitcoin plunges below $100,000 amid tariff worries, XRP falls 33% | Fortune
Cryptocurrencies lose $370 billion in market cap as investors flee digital assets.
) 5. Ecuador Announces Tariffs on Mexican Goods: Ecuador announced that it will impose tariffs on Mexican goods, following President Trump's lead. (
Al Jazeera
Echoing Trump, Ecuador announces 27-percent tariffs on Mexican goods
President Daniel Noboa also ordered a greater military presence at local ports due to 'destabilisation' by armed groups.
)