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G7 Foreign Ministers Meet in Niagara to Hear Ukraine’s Plea Amid Escalating War

Top diplomats from the Group of Seven (G7) nations gathered in Niagara-on-the-Lake, Ontario , for high-stakes talks with Ukraine’s Foreign Minister as Russia intensifies its assault on Ukraine’s power grid. The meeting, hosted by Canada’s Foreign Affairs Minister Anita Anand , comes at a critical moment as rolling blackouts sweep across Ukraine ahead of winter. Foreign ministers from Canada, the United States, the United Kingdom, France, Germany, Italy, Japan, and the European Union posed for a family photo before beginning discussions. Ukraine’s foreign minister is expected to brief the group on the humanitarian and security consequences of Russia’s latest attacks, which have left millions vulnerable to freezing temperatures. The summit is not limited to Ukraine. Ministers are also addressing broader geopolitical challenges, including instability in the Middle East and shifting trade relationships. Still, Ukraine remains the centerpiece of the agenda, with G7 leaders reaffirming ...

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Bitcoin Rally Cools After 30% Surge Post-Trump Victory

 

The recent Bitcoin rally, which saw the cryptocurrency jump by approximately 30% following President-elect Donald Trump's victory, has started to cool off. Bitcoin reached a record high of $89,968 on Tuesday but has since stabilized around $87,900 as of Wednesday morning in London.

Trump's unexpected support for cryptocurrencies has been a significant factor in this surge. He has pledged to create a friendly regulatory framework for crypto, establish a strategic Bitcoin stockpile, and position the U.S. as a global hub for the industry. This shift in stance has spread optimism across the crypto market, leading to the recent price spike.

However, analysts caution that while further gains are possible, much of the positive news is already priced in. The market is now awaiting upcoming U.S. inflation data, which could influence the Federal Reserve's decisions on interest rates and impact Bitcoin's trajectory.

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