Trump Now Thinks Ukraine Can Win Against Russia | Bloomberg: Insight with Haslinda Amin, 9/24/25

Donald Trump has labeled climate change as 'the greatest con job ever,' a statement that contrasts sharply with the views of many CEOs who acknowledge the scientific consensus on the issue. This divergence highlights a significant divide in public opinion and corporate responsibility regarding environmental challenges. As climate change continues to impact global economies and ecosystems, the stance of influential leaders like Trump could shape policy and public perception, making it crucial for businesses to align with scientific understanding.

The Russian finance ministry has proposed raising the value-added tax (VAT) as a means to fund the ongoing war in Ukraine. This move is significant as it reflects the government's prioritization of military spending over domestic economic stability, potentially burdening citizens with higher taxes during a challenging economic period. The implications of this decision could lead to increased public discontent and further strain on the economy.

Horizons Middle East & Africa is set to be your go-to source for the latest updates from one of the world's most dynamic regions. Broadcasting live from Dubai, this platform offers insightful market analysis and engaging interviews, making it essential for anyone interested in the MEA landscape. Whether you're commuting in the Gulf, enjoying lunch in Hong Kong, or starting your day in London or Johannesburg, Horizons ensures you stay informed about the fast-paced developments in this vibrant area.

Former President Trump's recent comments regarding Ukraine have positively impacted European defense shares, signaling a potential boost in military spending and collaboration in the region. This is significant as it reflects growing geopolitical tensions and the need for enhanced defense capabilities, which could lead to increased investments and job creation in the defense sector.

Hungary has made it clear that it will continue purchasing Russian oil despite pressure from US President Donald Trump to halt these transactions. Foreign Minister Peter Szijjarto emphasized that the country's landlocked geography presents significant challenges in sourcing oil from alternative suppliers. This decision is crucial as it highlights Hungary's reliance on Russian energy and raises questions about the broader implications for European energy security and geopolitical alliances.

In a recent interview with Bloomberg, ECB Executive Board Member Pierro Cipollone highlighted the resilience of the European economy amidst geopolitical challenges and a strengthening euro. He emphasized that inflation risks are balanced, suggesting a stable economic outlook. This perspective is significant as it reflects confidence in the Eurozone's ability to navigate uncertainties, which can influence investor sentiment and economic policy.

The Kremlin has responded positively to former President Trump's recent comments, dismissing them as a 'paper tiger' while emphasizing its appreciation for his peace efforts regarding Ukraine. This interaction highlights the ongoing complexities of international diplomacy and the potential for dialogue, even amidst criticism. It matters because it reflects the delicate balance of power and the importance of maintaining communication channels in resolving conflicts.

In a recent discussion on Bloomberg's 'The Opening Trade,' analysts Anna Edwards, Guy Johnson, Lizzy Burden, and Mark Cudmore shared insights suggesting that the AI sector is unlikely to experience a downturn anytime soon. This is significant as it reflects growing confidence in AI technologies and their potential to drive economic growth, making it a crucial topic for investors and industry watchers.

In a significant escalation of hostilities, Ukraine has launched drone attacks on a major petrochemical complex in Russia, highlighting the ongoing tensions between the two nations. This incident not only underscores the persistent conflict but also raises concerns about the potential for further military escalation and its implications for regional stability. The attack on critical infrastructure could have far-reaching consequences for both countries and the global energy market.

In a surprising move, Trump has canceled a crucial meeting with Democratic leaders, heightening the risk of a government shutdown. This decision could have significant implications for federal operations and services, as both parties struggle to reach a consensus on budgetary issues. The potential shutdown could affect millions of Americans who rely on government services, making this development particularly concerning.

Dalia Fahmy, a political science expert, expressed concern over President Trump's recent remarks at the United Nations regarding the recognition of a Palestinian state. She highlighted that Trump's stance could hinder progress towards peace, as he suggested that acknowledging Palestine rewards Hamas instead of fostering unity for the release of hostages. This discussion is crucial as it reflects the ongoing complexities in Middle Eastern politics and the challenges faced in achieving a lasting resolution.

Saudi Arabia is making a significant shift in its investment landscape by planning to raise the foreign ownership limit in local companies from 49% to allow foreigners to hold majority stakes. This move, discussed by Bloomberg’s Saudi Arabia Bureau Chief Christine Burke, is expected to attract more international investors and enhance the Kingdom's economic diversification efforts. It reflects Saudi Arabia's commitment to opening up its markets and could lead to increased foreign capital inflow, ultimately benefiting the local economy.

Facing a rejected business loan application can be disheartening, but it's important to remember that this setback doesn't have to define your entrepreneurial journey. Understanding the reasons behind the rejection can help you improve your chances in the future. This article provides practical steps to take after a rejection, such as reviewing your credit score, improving your business plan, and exploring alternative funding options. Knowing how to navigate this situation is crucial for small business owners looking to secure the necessary funds to grow and succeed.

Evercore ISI has lowered its price target for Accenture's stock to $300, citing various cross-currents affecting the company's performance. This adjustment reflects concerns about market conditions and potential challenges ahead for Accenture, which could impact investor confidence and stock performance. Understanding these shifts is crucial for stakeholders as they navigate the evolving landscape.

Alibaba has unveiled ambitious plans to invest in new data centers and has also revealed a powerful AI model. This move is significant as it highlights Alibaba's commitment to enhancing its technological infrastructure and staying competitive in the rapidly evolving tech landscape. The investment in data centers will not only boost the company's capabilities but also support its growing AI initiatives, which are crucial for future innovations.

Eli Lilly has labeled the UK as the 'worst country in Europe' for drug prices, highlighting ongoing concerns about the affordability of medications in the region. This statement comes amid a backdrop of rising gold prices, which are nearing record highs. John Roberts, CEO of AO World, also expressed the challenges retailers face, particularly in light of the UK's new employment rights bill. This situation is significant as it underscores the broader economic pressures affecting both healthcare and retail sectors in the UK.

Goldman Sachs has reaffirmed its Buy rating for Zalando, signaling confidence in the company's growth potential. This endorsement is significant as it reflects the investment bank's belief in Zalando's ability to navigate the competitive online retail landscape successfully. Investors often look to such ratings as indicators of future performance, making this news particularly relevant for those interested in the stock market.

Donald Trump has labeled climate change as 'the greatest con job ever,' a statement that contrasts sharply with the views of many CEOs who acknowledge the scientific consensus on the issue. This divergence highlights a significant divide in public opinion and corporate responsibility regarding environmental challenges. As climate change continues to impact global economies and ecosystems, the stance of influential leaders like Trump could shape policy and public perception, making it crucial for businesses to align with scientific understanding.