The skirmish of the United States and Canada on rates

CNBC will organize “Converge Live”, an opening event of thought leadership from March 12 to 13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision makers will discuss what it means to innovate and grow collaborating and sharing ideas in all industries.

The spectators can see the live broadcast of the event and listen to speakers, including the Vice Prime Minister of Singapore, Kim Yong Gan, the president of the Alibaba group, Joe Tsai, the founder of Bridgewater Associates, Ray Dalio, and the CEO, president and co -founder Marc Benioff and others here.

The White House dedicated himself to a heated tariff, but brief, with Canada, doubling levies in steel and aluminum imports from his northern neighbor to 50% in a moment. That was in response to the Prime Minister of Ontario, Doug Ford, saying that he would impose a 25% surcharge in electricity exports to the United States

But the colder heads prevailed, and the commercial war has been temporarily suspended. Despite the resolution, investors were restless for the constant writing on tariffs and sold shares, dragging S&P 500 to the correction territory during the negotiation session.

The descending slide of the markets continues
On Tuesday, the S&P 500 slid 0.76%, and it was 10% below its closing record in its minimum During the negotiation session. He Dow Jones industrial lost 1.14% and Nasdaq compound 0.18%dropped. From Europe Stoxx 600 index 1.7%fell. Actions of Volkswagen 1.1% fell after the German car giant reported a 15% year -on -year drop in annual operational gains Tuesday.

US IPC projections.
It is forecast that the US Consumer Price Index. UU. For February, on Wednesday, it will show a 0.3% increase for a wide range of goods and services. This projection has both for the measure of all elements and for the central index that excludes volatile food and energy prices. Annually, that would put main inflation to 2.9% and central reading at 3.2%both 0.1 lower percentage points than in January.

Trading Bars
The president of the United States, Donald Trump, retracted the plans to collect Tariffs on Steel and Canadian Aluminum Imports Up to 50% on Wednesday, the White House commercial advisor, Peter Navarro, told CNBC on Tuesday. Trump initially doubled the tariffs on Canada because Ontario announced a 25% surcharge in electricity exports to the US. The province later He suspended it After the US Secretary of Commerce. Howard Lutnick agreed more commercial conversations.

Ukraine will accept the high fire if Russia accepts
Ukraine agreed on Tuesday a high the immediate fire of 30 days Negotiated by the United States if Russia accepts the plan, authorities said. As part of the plan, the United States immediately raised its pause to share intelligence and resumed security assistance with Ukraine, which was invaded by Russia more than three years ago. “Ukraine is ready to start talking and stop shooting,” said Secretary of State Marco Rubio in Jeddah, Saudi Arabia.

(Pro) S&P 500 closes below the key level
This week’s mass sale has pushed the S&P 500 below a key technical level, which raises the concern that a sustained recession could establish itself. Here is why market technicians think the measure could Cape further up in 2025which will probably be defined through an chopped and lateral action after the Toro race of the last two calendar years.

Greenland trapped in a love triangle between the United States, Denmark and Independence as the elections take place

Groenlanders will go to the polls on Tuesday in a fundamental parliamentary election formed by the perennial debate about the independence of the Denmark supervisor, and by the ambitions of the president of the United States, Donald Trump, of obtaining the island “in one way or another”.

The majority of the six main political parties of the Arctic Island support independence, and the most recent voter survey in January suggested that the Inuit party of Independence Ataqatigiit could retain power in the parliament of 31 seats, or the inatsisartut. It is likely that the former partner of the Inuit Ataqatigiit coalition, siumut, will continue in second place.