The following are some of the news items mentioned in the last few days:

  • Isreal and Hamas failed to reach an agreement in the ceasefire situation between the two countries. Israeli President warned Hamas that he will resume the war if the truce does not happen soon
  • Donald Trump’s suspension of offshore wind development permits delivered the fatal blow to an industry struggling with high costs, jeopardizing the US’s power supplies and decarbonization plans. More than 90 percent of the country’s planned offshore wind projects, totaling more than 60 GW are at serious risk.
  • The average awward against a corporate defendant in cases brought in US rose to 65 Million USD in 2024, up from 42M USD
  • Volatility falls as currency traders grow wary of making bets on tariffs
  • Under Trump, Adani flexes its muscles again in the US markets
  • The US president plans to introduce 25 percent tariffs on all steel and aluminum imports on Mar 12
    • Copper waiting to leave warehouses has hit the highest level since 2021 as traders prepare to deliver the metal to the US before tariffs are imposed
  • ECB expected to cut the interest rate by 25 basis points to 2.5 percent, the lowest level since Feb 2023