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Kremlin Strikes Optimistic Tone as Officials Praise Trump’s Approach

  Deputy Chairman of the Russian Security Council Dmitry Medvedev attends an interview with Reuters, TASS and WarGonzo in the Moscow region, Russia January 29, 2026. Dmitry Medvedev's Secretariat. Russian officials have adopted a noticeably warmer tone toward U.S. President Donald Trump, offering public praise that signals a potential shift in the diplomatic atmosphere between Washington and Moscow. Recent comments from senior Russian figures highlight what they describe as Trump’s decisiveness and willingness to pursue negotiated solutions to global conflicts. Dmitry Medvedev, deputy chairman of Russia’s Security Council, characterized Trump as an “effective leader” whose unconventional style reflects a pragmatic focus on results. He suggested that Trump’s stated interest in ending the war in Ukraine could open the door to renewed dialogue. President Vladimir Putin echoed this sentiment, calling Trump a resilient and courageous figure, particularly in light of recent threats to...
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End of an Era: Hudson's Bay Announces Immediate Liquidation


Hudson's Bay, Canada's oldest company, has announced plans for an immediate liquidation of its entire business. The decision comes after exhaustive efforts to secure financing and avoid a full shutdown proved unsuccessful. The liquidation process is set to begin next week and is expected to conclude by June.

The iconic department store chain, which dates back to 1670, has faced mounting financial challenges, including nearly $1 billion in debt. The closure will impact over 9,000 employees across Hudson's Bay stores, as well as its Saks Fifth Avenue and Saks Off 5th locations.

Despite the bleak outlook, Hudson's Bay remains hopeful that a last-minute solution with key stakeholders, particularly landlords, could prevent the complete shutdown. CEO Liz Rodbell expressed gratitude for the support from customers and associates, emphasizing the company's determination to explore every possible opportunity to save the brand.

This marks a significant moment in Canadian retail history, as the loss of Hudson's Bay would leave a notable gap in the market and in the hearts of many Canadians.


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