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Real-time News
On January 10th, Trump posted on social media: "I hereby declare that we will not tolerate the American public being ripped off by credit card companies charging 20% to 30% or even higher interest rates, a practice that was rampant during the sleepy Joe Biden administration. It must be affordable! Starting January 20, 2026, as President of the United States, I will implement a one-year cap on credit card interest rates at 10%." Its worth noting that this date coincides with the one-year anniversary of the "historic and extremely successful" Trump administration.On January 10th, Trump stated on social media that mortgage rates have now dropped to 5.7%! He explained that mortgage costs during Bidens presidency were extremely high (approximately 8%), making homeownership unaffordable for almost any young family. Through his housing affordability policies and after authorizing Fannie Mae and Freddie Mac to use cash to purchase $200 billion in mortgage-backed securities, mortgage rates have fallen to 5.7%. This is a significant benefit for American families, providing substantial relief. He emphasized that they are lowering housing costs and putting Americans first!Conflict Status: 1. Ukraine claims Russian drones launched a large-scale airstrike on Kyiv. 2. Ukrainian Air Force: Russia launched a hypersonic medium-range ballistic missile from Kapustin Yar. 3. Russia launched 36 missiles and 242 drones at critical Ukrainian infrastructure in Fridays attacks. 4. Ukrainian President Zelensky: The Hazel missiles launched by Russia "clearly" approached the EU border. 5. Ukrainian officials: The Russian Hazel missiles that attacked Ukrainian facilities were not carrying warheads. 6. In retaliation for the attack on Putins residence, the Russian military used Hazel missiles to strike Ukraine. Peace Talks Status: 1. Ukrainian President Zelensky stated that Russia has no respect for the United States and all diplomatic means. 2. According to RIA Novosti: Four members of the Russian State Duma (lower house of parliament) were recently invited by the United States to Washington to hold talks with US lawmakers on the Ukraine issue and other matters. Other Status: 1. Trump stated his support for the sanctions bill against Russia. 2. German Chancellor: A European "multinational force" would need Russias consent to station troops in Ukraine. 3. The Ukrainian Embassy in the US stated that Ukrainian citizens were on board the Russian oil tanker detained by the US. 4. Ukraine awarded development rights for a large lithium mine to a close friend of Trump. 5. Zelenskyy signed a presidential decree reshuffling the members of the Ukrainian Supreme Command. 6. A NATO spokesperson stated that on Friday, NATO Secretary General Rutte and US Secretary of State Rubio spoke about the importance of the Arctic to NATOs shared security. 7. Zelenskyy stated that Trump should reach a free trade agreement with Ukraine.Nasdaq: Walmart (WMT.N) has been added to the Nasdaq 100 Index, effective January 20, 2026. Walmart replaces AstraZeneca in the Nasdaq 100 Index.On January 10th, it was reported that a meeting of the Beijing Municipal Party Committees Leading Group for Education, Science and Technology Talent Work was held on the morning of January 9th. The meeting pointed out that building the Beijing (Beijing-Tianjin-Hebei) International Science and Technology Innovation Center is a major deployment made by the Party Central Committee with a view to powerfully supporting Chinas modernization through scientific and technological modernization. It is crucial to attach great importance to this, organically combining it with the coordinated development strategy of the Beijing-Tianjin-Hebei region and ensuring its alignment with the capital metropolitan area plan, further strengthening regional innovation collaboration, and striving to build a world-class source of scientific and technological innovation. Beijing should consciously leverage its radiating and driving role, taking a leading role in the construction of the international science and technology innovation center, strengthening the coordinated linkage of national strategic scientific and technological forces, improving the mechanism for the transformation of scientific and technological achievements, and increasing the efficiency and proportion of the transformation of scientific and technological achievements within the region. It is necessary to deepen cooperation between ministries and municipalities, and between central and local governments, proactively undertaking more major national science and technology projects, enhancing basic research capabilities, promoting the deep integration of scientific and technological innovation and industrial innovation, building a global innovation hub for artificial intelligence, cultivating a world-class pharmaceutical and health industry cluster, strengthening characteristic and advantageous industries, and seizing the commanding heights of future industries. A sound work promotion mechanism should be established, communication and coordination strengthened, and all tasks ensured to be implemented effectively.
