Von Der Leyen Hand-Wrings About "Raw Power" Under Trump After Venezuela Silence EU Commission President Ursula von der Leyen warned Wednesday before the European Parliament that the 27-member EU must accelerate efforts to strengthen both its economy and its defenses, as it confronts a shifting global order shaped by what she called "raw power." She took the opportunity to caution Washington and Pr...
Von Der Leyen Hand-Wrings About "Raw Power" Under Trump After Venezuela Silence EU Commission President Ursula von der Leyen warned Wednesday before the European Parliament that the 27-member EU must accelerate efforts to strengthen both its economy and its defenses, as it confronts a shifting global order shaped by what she called "raw power." She took the opportunity to caution Washington and President Trump over his Greenland ambitions, saying that tensions between supposed "allies" over Greenland risk strengthening the West's geopolitical rivals . Indeed, over in Davos, the Greenland question and US rhetoric has completely overshadowed efforts at furthering the Ukraine peace deal. But sadly truce efforts have in reality been going nowhere anyway. "The shift in the international order is not only seismic, but it is permanent," she told lawmakers, presenting as a pressing example the "volatile situation" surrounding Greenland, Russia's ongoing attacks on Ukraine which is plunging it into darkness, as well as rising tensions in the Indo-Pacific. via China Focus "We will need a departure from Europe’s traditional caution," said the European Commission president. "We now live in a world defined by raw power - whether economic or military, technological or geopolitical. And while many of us may not like it, we must deal with the world as it is now." Von der Leyen also called out President Trump's recent threat to impose tariffs on European allies as "simply wrong". "If we are now plunging into a dangerous downward spiral between allies , this would only embolden the very adversaries we are both so committed to keeping out of the strategic landscape," she said. "We are at a crossroads" - but it remains that "Europe prefers dialogue and solutions - but we are fully prepared to act, if necessary, with unity, urgency and determination," she said. While she and other EU elites are prattling on about this dubious concept called the 'ruled-based order' it must be remembered ...
Eaton Corp. is considering strategic options for its vehicle unit, people familiar with the matter said, as the electrical equipment maker looks to focus on high-growth businesses under its new chief executive officer. The US-listed company is working with an adviser to explore a sale or spinoff of the unit, said the people, asking not to be identified discussing confidential information. The busi...
Eaton Corp. is considering strategic options for its vehicle unit, people familiar with the matter said, as the electrical equipment maker looks to focus on high-growth businesses under its new chief executive officer. The US-listed company is working with an adviser to explore a sale or spinoff of the unit, said the people, asking not to be identified discussing confidential information. The business could be worth as much as $5 billion in a sale, the people said. Deliberations over a separation of the vehicle unit, which makes products including controls and transmissions systems, are ongoing and there’s no certainty Eaton will move ahead with the plan, the people said. A representative for Eaton declined to comment. Eaton has been in a dealmaking mood under CEO Paulo Ruiz , who took the reins in June. Months later, the company agreed to buy liquid cooling specialist Boyd Thermal for $9.5 billion to capitalize on heavy demand related to artificial intelligence data centers. Shares of Eaton have slipped 5.8% in the past 12 months, giving the company a market value of about $131 billion. Revenue at Eaton’s vehicle unit have been on a downward trajectory since 2023. In the third quarter of 2025, it was down 8% at $639 million, even as group sales for the period rose, according to earnings. Meanwhile, revenue for Eaton’s three other main units — electrical Americas, electrical global and aerospace — all grew by double-digit percentages in the period.
The New York Stock Exchange is building a venue to allow for trading stocks and ETFs around the clock. Michael Blaugrund, VP of Strategic Initiatives at ICE, discusses how blockchain technology and tokenization are behind the move. (Source: Bloomberg)
The New York Stock Exchange is building a venue to allow for trading stocks and ETFs around the clock. Michael Blaugrund, VP of Strategic Initiatives at ICE, discusses how blockchain technology and tokenization are behind the move. (Source: Bloomberg)
Tuttle Capital Management announced the launch of the Tuttle Capital Meme Stock Income Blast ETF. Matt Tuttle, CEO & CIO of Tuttle Capital tells Bloomberg that demand for income-driven products is surging as investors look beyond traditional yields. He says interest in options-based income strategies, thematic ETFs, and unconventional ideas reflects a market eager for differentiated exposure. He j...
Tuttle Capital Management announced the launch of the Tuttle Capital Meme Stock Income Blast ETF. Matt Tuttle, CEO & CIO of Tuttle Capital tells Bloomberg that demand for income-driven products is surging as investors look beyond traditional yields. He says interest in options-based income strategies, thematic ETFs, and unconventional ideas reflects a market eager for differentiated exposure. He joined the conversation on "Bloomberg ETF IQ" with Scarlet Fu, Katie Greifeld and Eric Balchunas. (Source: Bloomberg)
March NY world sugar #11 (SBH26 ) today is up +0.04 (+0.27%). March London ICE white sugar #5 (SWH26 ) is down -0.50 (-0.12%). Sugar prices recovered from early losses today and are trading mixed. Short covering emerged in sugar futures today after the Brazilian real (^USDBRL ) rallied to...
March NY world sugar #11 (SBH26 ) today is up +0.04 (+0.27%). March London ICE white sugar #5 (SWH26 ) is down -0.50 (-0.12%). Sugar prices recovered from early losses today and are trading mixed. Short covering emerged in sugar futures today after the Brazilian real (^USDBRL ) rallied to...
US military says it has transported ‘IS fighters’ to Iraq after Kurdish-controlled prisons and camps changed hands Concerned western officials said they were closely monitoring the deteriorating security situation in north-east Syria amid fears that Islamic State militants could re-emerge after the Kurdish defeat at the hands of the Damascus government. The US military said it had transported “150...
US military says it has transported ‘IS fighters’ to Iraq after Kurdish-controlled prisons and camps changed hands Concerned western officials said they were closely monitoring the deteriorating security situation in north-east Syria amid fears that Islamic State militants could re-emerge after the Kurdish defeat at the hands of the Damascus government. The US military said it had transported “150 IS fighters” from a frontline prison in Hasakah province across the border to Iraq, and said it was willing to move up to 7,000 to prevent what it warned could be a dangerous breakout. Continue reading...
President’s anti-Somalia tirade and insults to European leaders were in line with aide Stephen Miller’s worldview Donald Trump turned up in Davos wielding an insult bazooka. He mocked Emmanuel Macron’s aviator sunglasses , chided Mark Carney (“Canada lives because of the United States”), asserted that the Swiss are “only good because of us” and had a dig at Denmark for losing Greenland “in six hou...
President’s anti-Somalia tirade and insults to European leaders were in line with aide Stephen Miller’s worldview Donald Trump turned up in Davos wielding an insult bazooka. He mocked Emmanuel Macron’s aviator sunglasses , chided Mark Carney (“Canada lives because of the United States”), asserted that the Swiss are “only good because of us” and had a dig at Denmark for losing Greenland “in six hours” during the second world war. But beyond the fractious rhetoric, the US president brought a deeper message on Wednesday that sought to unify the west rather than divide it. It was his most dark, insidious and sinister project of all. Continue reading...