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In a major diplomatic victory for Hungary, President Trump has granted Viktor Orban’s nation a one-year exemption from Russian energy sanctions despite recent US penalties on Russian oil companies. The White House confirmed the special treatment for Trump’s close European ally, citing Hungary’s logistical challenges as a landlocked country dependent on Russian pipelines. This controversial decision comes just weeks after Trump vowed to penalize all nations doing business with Russia’s energy sector, highlighting the political friendship between the two nationalist leaders. The exemption arrangement includes Hungary’s commitment to purchase hundreds of millions in US natural gas, though it’s likely to strain relations with other European capitals opposing Hungary’s Moscow-friendly stance.

Facing a projected £14bn budget shortfall due to downgraded productivity forecasts, Chancellor Rachel Reeves confronts a fiscal dilemma forcing potential tax increases. Slower productivity growth directly reduces projected GDP and tax revenues, breaching the government’s borrowing rules set for 2029-30. With departmental spending already fixed, restoring fiscal headroom leaves tax rises as the primary available lever. This economic reality clashes with Labour’s election pledge against raising taxes on working people, creating a political challenge the government anticipated might emerge.

Cristiano Ronaldo’s Portugal can clinch direct 2026 FIFA World Cup qualification with a victory over Ireland in Thursday’s crucial UEFA Group F qualifier in Dublin. The unbeaten Portuguese squad leads the group with 10 points and will secure their seventh consecutive World Cup appearance with a win at Aviva Stadium. Ireland, sitting third with 4 points, must pull off a massive upset against the fifth-ranked global powerhouse to keep their qualification hopes mathematically alive. Follow all the live action as Ronaldo potentially plays his final competitive match in Ireland while chasing his first career goal on Irish soil.

Troy Parrott’s stunning first-half brace fired Ireland to a historic 2-0 victory over Portugal, keeping their World Cup qualification hopes alive. The win was sealed after Cristiano Ronaldo received his first-ever red card for Portugal, leaving the Nations League winners frustrated. Ireland must now secure a win in Budapest to advance to the playoffs, while Portugal’s path remains open. This famous triumph marks Ireland’s best performance in years, sparking celebrations among fans and players alike.

Nvidia’s meteoric $5 trillion market cap success faces internal challenges as its sales team struggles to unify messaging for enterprise AI software. Internal emails reveal disorganized sales decks and difficulties explaining software value to regulated industry clients. Despite forecasting $78.7 million in quarterly software sales, the company confronts „fundamental disconnect” with legal teams over security and liability terms. These growing pains highlight how even AI giants must refine their software narrative while capitalizing on hardware dominance.

BlackRock exec declares market ready for trillions in blockchain adoption at Ripple’s Swell 2025, validating XRP’s institutional utility. The keynote highlighted Ripple’s infrastructure as the emerging standard for global capital flows. While excitement surged, legal experts questioned whether this reflects official BlackRock policy or personal endorsement. Despite institutional momentum, XRP price dipped 4% amid ongoing regulatory clarity discussions.

Ukrainian President Zelensky will press the US for Tomahawk missiles during his White House visit, as Trump’s call with Putin and their planned meeting in Hungary add new diplomatic complexities. Trump’s hesitation to deplete US missile stockpiles contrasts with Zelensky’s urgent appeals for advanced weapons to counter Russian aggression. This high-stakes summit occurs amid escalating attacks and shifting alliances, testing the future of Western support for Ukraine.

Sanae Takaichi has shattered Japan’s political glass ceiling by becoming the country’s first female prime minister after securing a parliamentary majority. The conservative leader takes office during a period of economic uncertainty and public frustration with rising living costs. Her election marks a historic milestone for gender representation in Japanese politics, though her traditional views have drawn mixed reactions. Takaichi now faces the dual challenge of navigating domestic pressures while managing complex international relationships, particularly with the US and neighboring countries.

BlackRock exec declares „trillions are coming on-chain” at Ripple’s Swell 2025, signaling Wall Street’s readiness for blockchain adoption. The XRP community celebrates this validation from the world’s largest asset manager as a pivotal moment for institutional crypto integration. Despite the bullish sentiment, legal experts caution about distinguishing personal remarks from official corporate positions. Ripple’s technology receives unprecedented recognition while regulatory clarity remains crucial for full-scale TradFi participation.