The weekend brought a whirlwind of global developments across politics, trade, technology, and finance. Here’s a recap of the top stories from January 18–19.

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Politics & Global Trade

• Trump Unlikely to Impose Trade Tariffs on UK: According to a Treasury Minister, the U.S. is expected to avoid imposing trade tariffs on the UK, easing fears of a transatlantic trade clash.
• Europe Prepares for Trade Fight: Trump’s ongoing tariff threats have pushed European nations to gear up for a potential trade conflict, signaling rising tensions in global commerce.
• Trump’s Inauguration Looms Large: As Donald Trump prepares to be sworn in as the new U.S. president, all eyes are on the ceremony and its potential implications for domestic and international policy.

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Executive Orders & Policy Updates

• Immigration, Energy, and Government Hiring in Focus: Trump plans to sign a series of executive orders addressing immigration reforms, energy policies, and government hiring practices.
• TikTok’s Future Secured?: Reports suggest Trump is considering an executive order aimed at ensuring TikTok remains operational, providing relief to the platform’s millions of users.

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Technology & Cryptocurrency

• Trump-Backed MemeCoin Hits $12B Valuation: A cryptocurrency supported by Donald Trump has surged in value, reflecting renewed optimism in the crypto market.

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Economy & Business

• US Consumers Show Resilience: Despite high prices and interest rates, American consumers remain “resilient and strong,” buoying hopes for economic stability.
• Wall Street Faces High Expectations: Analysts warn that lofty earnings forecasts could pose challenges for Wall Street amid volatile markets.
• Broadcom Eyes AI Opportunities: Broadcom’s CEO is looking to capitalize on AI’s potential after addressing backlash over the company’s VMware acquisition.

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Corporate Moves & Financial Shifts

• Mercedes Chief Supports Chinese Car Factories in Europe: The EU should welcome Chinese automakers, argues Mercedes’ CEO, emphasizing the need for competition and innovation.
• Commerzbank Plans Job Cuts: In response to CEO Andrea Orcel’s directives, Commerzbank is exploring significant job reductions to streamline operations.
• Santander Weighs UK Exit: Frustrations with high street banking have led Santander to consider leaving the UK market.
• Citigroup Faces €59M Lawsuit: The bank is entangled in a lawsuit over an abandoned IPO related to property investments.

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Geopolitics & Humanitarian Updates

• Israel’s Hostage Release Offers Glimmer of Hope: The first Israeli hostages were released under a Gaza ceasefire, though the moment was tinged with caution and lingering dread.

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