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Territorial Disputes Dominate Geneva Peace Talks

US President Donald Trump's son-in-law Jared Kushner, US Special Envoy Steve Witkoff, US Secretary of State Marco Rubio, US Army Secretary Daniel Driscoll sit before closed-door talks with Head of the Office of the President of Ukraine Andriy Yermak  (not pictured) on ending Russia's war in Ukraine, at the US Mission in Geneva, Switzerland. Negotiators from Russia and Ukraine convened in Geneva for a new round of U.S.-mediated peace talks, with territorial disputes emerging as the central point of contention. The discussions, held over two days, come amid heightened pressure from U.S. President Donald Trump, who has urged Kyiv to “come to the table fast” in pursuit of a settlement.  Both sides remain deeply divided over land claims, which have become the primary obstacle to progress. The Kremlin has signaled that territorial issues will dominate the agenda, while Ukrainian President Volodymyr Zelenskyy has voiced concerns that Kyiv is facing disproportionate p...
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Wall Street Gains on Anticipation of Inflation Report and Fed Chair’s Event

 

Ahead of crucial inflation data and a public event by Federal Reserve Chair Jerome Powell, Wall Street saw a rise in premarket trading on Wednesday. Investors are keenly awaiting Friday’s inflation report, which the Fed will closely monitor for its next rate policy decision. Powell’s subsequent webcast discussion at the Federal Reserve Bank of San Francisco is expected to provide insights into potential rate cuts, with speculation of a reduction as early as May.

The U.S. economy has shown resilience despite higher interest rates aimed at controlling inflation, with the S&P 500 on track for its fifth consecutive winning month after a 9% surge this year. However, recent reports suggest a bumpier path in reducing inflation, with some costs exceeding expectations.

Amidst this economic backdrop, Trump Media & Technology Group’s shares soared after its IPO, despite financial losses and limited user growth. Meanwhile, global shares, particularly in Japan, were influenced by the yen’s decline to a 34-year low, prompting discussions among Japan’s monetary authorities.

Investors remain cautious as they consider whether the market has become overvalued after its recent rally, and analysts emphasize the need for broader profit growth to sustain current stock prices.

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