Citadel CEO Ken Griffin warned against President-elect Donald Trump’s proposed steep tariffs, citing concerns about crony capitalism. Griffin expressed worries that short-term benefits for domestic companies could lead to long-term harm to corporate America and the economy. Trump’s protectionist trade policy could result in increased production costs, higher consumer prices, and a rise in special interest groups lobbying for higher tariffs, according to Griffin.
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Putin issues direct threat to West in hawkish Ukraine address
Russian President Vladimir Putin asserted Moscow's right to strike countries supplying weapons to Ukraine, warning of a global conflict and readiness for any scenario in the confrontation with Kyiv and the West. Putin's address on state TV followed Ukraine firing missiles at Russian territory, with the leader vowing a decisive response to aggressive actions and claiming Ukraine's strikes had failed. The warning, among his strongest yet, emphasized the escalating tensions and the potential for further...
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