Soft Power Geopolitics: Moscow Shifts Tourism Focus To China & Beyond

Oil futures have declined for the second consecutive session as the market remains focused on the ongoing efforts to negotiate a peace deal between Russia and Ukraine. This situation has raised concerns about the potential impact on oil supply-demand dynamics, which are expected to loosen in the coming year.

Oil futures have experienced a decline for the second consecutive session, driven by ongoing negotiations aimed at resolving the Russia-Ukraine conflict. The market's focus on these diplomatic efforts has raised concerns about the potential impact on oil supply-demand dynamics, which are already expected to loosen in the coming year.

President Donald Trump has announced that Nvidia will be allowed to sell its advanced H200 AI chips to approved customers in China, effectively lifting a previous export ban that was in place due to national security concerns. This decision marks a significant shift in U.S. trade policy regarding technology exports to China.

The USDA has maintained its export outlook for U.S. soybeans, despite recent resumption of sales to China, indicating stability in the agricultural market. This decision comes as China is reportedly on track to fulfill its soybean purchase commitments, reflecting a positive trend in trade relations between the two nations.

President Trump announced the easing of restrictions on Nvidia's exports of advanced AI chips to China, specifically allowing the sale of the H200 model. This decision follows extensive negotiations and is seen as a critical moment in U.S.-China technology relations.

UniCredit Group has sold the assets of its leasing company in Russia as part of its strategy to wind down operations in the country. This move aligns with the broader trend of Western financial institutions reducing their presence in Russia amid ongoing geopolitical tensions.

China is poised to limit access to Nvidia's H200 AI chips despite the Trump administration's recent approval for their sale to the country. This decision comes amid ongoing discussions among Chinese regulators as Beijing aims for self-sufficiency in semiconductor production.

Former President Donald Trump announced that the U.S. will permit Nvidia to export its advanced H200 AI chips to approved customers in China, following discussions with Chinese President Xi Jinping. This decision marks a significant shift in U.S. policy regarding technology exports to China, which has been a contentious issue in recent years.