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The main events by the morning: January 23


January, 23 2025
watermark Economic news

  • Trump called on Russia to end its war immediately. He noted that there are two ways to end the conflict in Ukraine: easy and difficult. The US president would have chosen the easy way. However, if the conflict cannot be resolved, Trump intends to strengthen sanctions against Russia. At the same time, he added that «he does not pursue the goal of harming Russia and loves the Russian people.»


  • Ukraine expects the cessation of hostilities in 2025. This was stated by the First Deputy Prime Minister, Minister of Economy of Ukraine Yulia Sviridenko. According to her, Kiev will enter into negotiations only when the country increases «defense production and is strong enough.» The Deputy Prime Minister also hopes for Trump's active participation in the negotiation process.


  • Saudi Arabia has promised to increase investment and trade with the United States. Yesterday, Donald Trump and the Prince of Saudi Arabia had a phone call. During the conversation, the Crown Prince of the kingdom confirmed his intention to increase investment and trade with the United States by $600 billion over four years and possibly beyond this amount. Mohammed bin Salman Al Saud also congratulated Trump on his re-election and conveyed congratulations from the king. 


  • Trump has closed the southern border of the United States to illegal immigrants. US President Donald Trump has signed a decree suspending the entry of illegal migrants across the southern border and expelling them. He also restricted the right of migrants who entered the country through the southern border to stay there under the pretext of seeking asylum.


  • The United States is increasing its military presence on the border with Mexico. As part of Trump's orders, 1,500 military personnel, helicopters and intelligence analysts have already been sent to the southern border. In the near future, another 10,000 soldiers will go to the border. The Pentagon says that the announced measures are just the beginning.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.