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Slovakia Warns of Power Cut to Ukraine Amid Dispute Over Russian Oil Transit

                                                       Slovakia's Prime Minister Robert Fico A diplomatic rift has emerged between Slovakia and Ukraine after Bratislava warned it may halt electricity exports to its eastern neighbor unless Kyiv resumes the flow of Russian oil through the Druzhba pipeline. The dispute centers on transit fees and operational conditions that Ukraine oversees as the pipeline crosses its territory. Slovakia, heavily dependent on Russian crude for its key refinery in Bratislava, argues that any disruption threatens its energy security and economy. Ukrainian officials, however, maintain that their actions comply with existing regulations and reflect broader efforts to reduce reliance on Russian energy amid the ongoing conflict. The standoff highlights the fragile interdependence of Central and Ea...
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Market Optimism Rises as Tariff Concerns Ease

                                                

The stock market is showing signs of optimism today, with futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq all climbing. Investors are responding positively to reports suggesting that the next wave of tariffs proposed by President Trump may be more targeted and less severe than initially feared. This development has eased concerns about a potential escalation in the trade war, which could have significant implications for global trade and economic growth.

S&P 500 futures rose by 0.9%, while Nasdaq futures led the gains with a 1.1% increase. Dow Jones futures also advanced by 0.7%. The market's positive momentum follows a recent reversal of a four-week losing streak, signaling renewed confidence among investors.

The proposed tariffs, expected to be announced on April 2, are reportedly being narrowed to focus on specific trade imbalances. This strategic adjustment has provided relief to markets, which had been bracing for broader and more disruptive measures. As a result, the yield on the 10-year Treasury bond rose slightly, reflecting improved risk appetite among investors.

Looking ahead, market participants will closely monitor upcoming economic data, including the Federal Reserve's preferred inflation gauge and consumer confidence surveys, to gauge the broader economic outlook. For now, the tempered approach to tariffs has injected a dose of optimism into the markets, offering a welcome reprieve from recent volatility.

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