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Machado Makes Unprecedented Gesture in Bid to Strengthen Ties with Trump

  President Trump meets with Venezuelan opposition leader Maria Corina Machado in the Oval Office, on Jan. 15, during which she presented the president with her Nobel Peace Prize. In a striking move that has drawn widespread attention, public figure Machado continued her outreach campaign toward President Donald Trump by presenting him with her Nobel Peace Prize medal during a private meeting this week. According to reports, Machado framed the gesture as a symbolic offering meant to underscore her commitment to diplomatic cooperation and shared global priorities. Observers note that such a presentation is highly unusual, as Nobel medals are rarely transferred or gifted, even symbolically. Machado’s team described the moment as an effort to “highlight the value of dialogue and mutual respect,” while analysts have pointed out that the gesture appears aimed at strengthening her political alignment with Trump and signaling a willingness to collaborate on future initiatives. Reac...
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TSX gains on rate cut hopes despite high inflation`

 


Canada’s main stock index, the Toronto Stock Exchange’s S&P/TSX composite index, rose by 0.75% to 20,777.19 on Tuesday despite a sticky domestic inflation reading.

The materials sector, which houses Canada’s major mining firms, gained 1.3% with copper miners amongst the top gainers on the benchmark index as prices of the red metal rose. Consumer staple was amongst the leading sectors, rising 1.2%, while utilities advanced 0.8%.

San Francisco Fed President Mary Daly said cuts to the U.S. central bank’s benchmark rate are likely to be appropriate next year, the Wall Street Journal reported. Fed Atlanta President Raphael Bostic and Fed Chicago President Austan Goolsbee are also scheduled to speak later in the day.

Meanwhile, the loonie strengthened 0.5% against the dollar after data showed Canada’s annual inflation rate unexpectedly remained at 3.1% in November. The renewed acceleration in core inflation pressures in November was partly due to a jump in travel tour prices, which is likely to be reversed in December.

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