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The main events by the morning: January 14


January, 14 2025
watermark Economic news

  • A campaign to impose new sanctions against Russian gas and LNG is gaining momentum in Europe. Ten countries, including Sweden, Ireland, Poland and the three Baltic states, are calling for drastic measures that, in their opinion, should sever the last energy ties between Russia and the European Union. Although Russia's oil and pipeline gas exports to Europe have declined, LNG shipments reached record levels in 2024, suggesting that the region remains heavily dependent on Russian energy resources.


  • Republicans In the USA have prepared a bill on the purchase of Greenland. It is planned to be considered after Trump takes office as president. The document is called the «Make Greenland Great Again Act» and has already been supported by 10 congressmen. If the bill is passed, negotiations could begin as early as January 20. This is an ambitious project that could have serious geopolitical consequences.


  • Moscow has received about 3 billion euros in tax revenue from EU companies doing business in Russia. According to Politico, among the 1,600 foreign companies studied that continue to operate in Russia, about 930 are from the EU and the G7. 827 of them are European companies that continue to pay taxes in Russia. Their total revenue in Russia amounted to $81.4 billion.


  • Germany has launched an investigation into Elon Musk on suspicion of election interference. After a series of provocative posts by the billionaire on the social network X, the Bundestag initiated an investigation into the illegal sponsorship of the Alternative for Germany party by an American businessman who spent at least $75 million to support Trump during the US election campaign.


  • Armenia has announced its intention to conclude a strategic partnership agreement with the United States. Armenian Foreign Minister Ararat Mirzoyan and U.S. Secretary of State Anthony Blinken will sign the document on January 14 in Washington. Armenia also supported the draft law on the start of the EU accession process, but Russia has already warned that simultaneous membership in the EU and the EAEU is impossible.

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.