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24 Feb 2025

President Trump: Trying to work on 'economic development' with Russia

US President Donald Trump hit newswires on Monday, passing along comments on the ongoing Ukraine-Russia peacemaking situation. With Russia over a thousand days into its three-day military operation that was meant to sweep the Ukrainian country back under Russian control, the US President, who has pursued an alliance with Russia's Vladimir Putin for years, is looking to isolate Ukraine from NATO and get Ukraine to sign a deal worth half of a trillion dollars.

This follows accusations from President Trump that Ukrainian President Volodymyr Zelenskyy is ultimately responsible for causing Russia to invade Ukraine in the first place and also failing to stop the war after it started.

Key highlights

Trump does not see problem with sending European troops as peacemakers in Ukraine.

Will meet with Zelenskyy, could come "this week or next" to sign "minerals deal".

Will meet with Russia's Putin "at some point".

NATO is a good thing if done properly.

Trump priases Italy's Meloni's leadership, says Italy is very important.

Trying to work on economic development with Russia.

Trump claims he could end the war in Ukraine within weeks.

May 9 may be "a lttle soon" for a visit to Moscow.

Trump willing to go to Moscow at appropriate time.

Trump claims Putin will accept European peacekeepers, "we'll see" when asked if Ukraine should give up territory.

Feb 24, 2025

United States 2-Year Note Auction: 4.169% vs previous 4.211%

United States 2-Year Note Auction: 4.169% vs previous 4.211%
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Feb 24, 2025

Mexican Peso tumbles as inflation and weak growth supports Banxico rate cuts

The Mexican Peso (MXN) slipped against the US Dollar (US) for the second consecutive day after inflation data for the first half of February rose as expected, yet justified Banco de Mexico's (Banxico) latest 50 basis points (bps) rate cut.
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