12 C Business / The Economic Times
Western companies still operating in Russia face heightened uncertainty under Trump's impending presidency and stricter exit conditions from Moscow. Many firms weigh the cost of staying against potential sanctions relief and political cover, while navigating higher exit taxes and the risk of asset seizure.
President-elect Trump plans to invoke emergency powers to boost domestic energy production, reversing Biden's climate policies by enabling new oil and gas development on federal lands and lifting a moratorium on liquefied natural gas exports. Additional actions include rolling back EV incentives and reversing restrictions on oil and gas leasing in US waters.
Donald Trump plans to sign over 100 executive orders on his first day back in the Oval Office to address issues like border security, deportation, and energy exploration. These orders aim to fulfill his campaign promises and reverse several of Biden's policies, marking a swift start to his second term.
A ceasefire between Israel and Hamas is set to begin on Sunday, potentially ending a 15-month conflict. The agreement includes the release of 33 hostages in return for 2,000 Palestinian prisoners. Further hostage releases are planned, and the ceasefire's success remains uncertain amidst political and regional tensions.