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UK government policies favoring banks—such as loosening capital rules and avoiding windfall taxes—are raising concerns about their impact on economic growth. Critics argue that a large financial sector may hinder long-term productivity, despite government efforts to promote investment and attract international business.
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In late October 2025, FBI Director Patel used a government jet to attend a performance by his girlfriend, country singer Alexis Wilkins, at Pennsylvania State University. The trip sparked media scrutiny and led to the ousting of a senior FBI aviation official. Patel defended his travel as compliant with rules, while criticism continues amid broader concerns about his personal use of government aircraft.
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Former President Trump announced plans to buy $200 billion in mortgage bonds via Fannie Mae and Freddie Mac to lower mortgage rates and improve housing affordability. The move follows recent rate dips and political efforts to address rising housing costs amid election concerns.
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President Trump will attend the World Economic Forum in Davos, alongside 64 world leaders, amid concerns over his assertive foreign policy, including recent actions in Venezuela and Greenland. The event gathers top officials and business leaders to discuss geopolitical and economic issues.
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Ukrainian officials met with US representatives in Florida to negotiate security guarantees and post-war recovery plans. Talks will continue at Davos, amid ongoing Russian strikes targeting Ukraine’s energy infrastructure. Ukraine seeks clarity on Russia’s stance and aims to sign agreements next week.
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California Governor Gavin Newsom will attend the World Economic Forum in Davos this week to criticize President Trump’s economic policies and promote his vision of democratic capitalism. He aims to counter Trump’s speech and highlight California’s economic strengths, positioning himself as a potential presidential contender.