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Musk: Anthropic stole training data on a massive scale and paid billions of dollars in compensation for it. This is an indisputable fact.
The EU has warned that Trump's new tariff policies violate existing trade agreements.
Conflict Situation: 1. Zelensky's Chief of Staff: Ukraine and Russia may conduct another prisoner exchange this week. 2. Ukrainian Security Service official: Ukrainian drones attacked an oil pumping station in Russia's Tatarstan region. This oil pumping station is a key facility of the "Friendship" oil pipeline, which transports Russian oil to Eastern Europe. 3. Ukrainian military official: Ukraine regained control of 400 square kilometers of territory and eight settlements in the Oleksandrivka direction in February. 4. Russian Ministry of Defense: Since the start of the special operation, the Ukrainian armed forces have suffered losses exceeding 1.5 million personnel (casualties), 27,835 tanks, and 670 aircraft. Peace Talks: 1. Ukrainian official: A new round of talks with Russia may be held on February 26-27. 2. Senior US State Department official: Russian and US delegations met on Monday and will meet again on Tuesday. Other Situations: 1. The EU announced sanctions against eight Russian individuals. 2. EU Foreign Ministers: The EU failed to reach an agreement on the 20th round of sanctions against Russia. 3. Australia and New Zealand will lower the price ceiling for Russian crude oil. 4. Hungarian Foreign Minister: We will not agree to anything as long as Ukraine continues to shut down oil shipments through the "Friendship" pipeline. 5. Reports from the World Bank and other institutions show that estimates for rebuilding the Ukrainian economy over the next decade have been revised upward by 12% to $588 billion. 6. Slovak Prime Minister: We have requested a halt to emergency electricity supplies to Ukraine. We were forced to take the first reciprocal measure against Ukraine; this measure will be lifted once oil shipments to Slovakia resume. 7. EU High Representative for Foreign Affairs and Security Policy Karas: If the €90 billion loan provided by the EU to Ukraine is ineffective, we can re-examine the use of frozen assets.
Paramount has indicated it will submit a higher offer to Warner Bros.
Market news: New Zealand will lower the price ceiling for Russian crude oil.
The Russian Ministry of Defense stated that since the start of the special operation, the Ukrainian armed forces have suffered more than 1.5 million casualties, 27,835 tanks, and 670 aircraft losses.
US President Trump: If no deal is reached, Iran will face an extremely bad day.
The Dow Jones Industrial Average closed down 821.91 points, or 1.66%, at 48,804.06 on Monday, February 23; the S&P 500 closed down 71.76 points, or 1.04%, at 6,837.75 on Monday, February 23; and the Nasdaq Composite closed down 258.80 points, or 1.13%, at 22,627.27 on Monday, February 23.
February 24th - U.S. stocks closed lower on Monday, with the three major indexes trending downwards. The Dow Jones Industrial Average initially closed down 1.66%, the S&P 500 down 1.04%, and the Nasdaq Composite down 1.13%. Precious metals and non-ferrous metals led the gains, while application software and information technology services saw the largest declines. IBM (IBM.N) plunged 13%, its biggest single-day drop since 2000, and the Nasdaq China Golden Dragon Index fell nearly 1%. Adobe (ADBE.O) and Oracle (ORCL.N) fell approximately 4.6%, Salesforce (CRM.N) fell 3.7%, and Microsoft (MSFT.O) fell 3.2%.
Market news: Trump is exploring the introduction of a new retirement savings plan and may discuss it in his State of the Union address.
Reserve Bank of Australia economist Plumb: We remain focused on the quarterly adjusted mean, and any changes will take time.
Market news: Trump recently imposed a 15% tariff on goods worldwide, which will expire in 150 days. Congress must then extend the tariffs. However, according to three sources familiar with the matter, some senior Republicans have privately indicated that there will not be enough votes to extend the tariffs.
February 24th - According to Politico, U.S. House Speaker Mike Johnson said on Monday that Congress is unlikely to consider any legislation to codify President Trump's tariff agenda after the Supreme Court overturned the administration's sweeping tariff policy last week. Johnson stated, "I think reaching a consensus on the path forward at the legislative level on tariffs will be a challenge. So I think that's why the focus is all on the executive side, on the executive branch and what they're doing and how they're responding to the ruling."
Market news: Venezuela has stated that the Protocol on the Unification of Non-Oil Exports will take effect on March 9.
A senior U.S. Department of Justice official said the Department of Justice and the Federal Trade Commission will launch an investigation to consider developing new guidelines for cooperation between competitors.
Fitch Ratings: Don't expect the February 20 tariff ruling to translate into a positive factor for US corporate ratings or drive an upgrade.
Fitch Ratings: Despite the temporary easing of the situation, U.S. companies are once again facing the challenge of tariff uncertainty.
On February 24th, U.S. House Speaker Boris Johnson stated regarding the $134 billion tariff refund issue that, following the Supreme Court's ruling, the White House will decide whether to refund the $134 billion in tariffs. He called this situation "unprecedented" and without precedent. He pointed out that the government has "ample reasons," and the House has not yet intervened in the matter. Democrats are currently pushing for legislation, with some suggesting issuing refund checks directly.
U.S. House Speaker Johnson: This situation is "unprecedented" and there is no precedent to follow.
U.S. House Speaker Johnson: After the Supreme Court makes its ruling, the White House will decide whether to refund the $134 billion in tariffs.
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