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Putin, Xi champion ‘unprecedentedly high’ ties as Iran and North Korea leaders arrive in Beijing
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Russian President Vladimir Putin, alongside his «dear friend» Chinese President Xi Jinping, championed the duo’s «unprecedentedly high» ties as the U.S. and Europe remain strained over Moscow’s war in Ukraine.
The Beijing-based meeting once again cemented the increased unity the adversarial nations have pursued following Putin’s 2022 invasion and comes one day ahead of a major military parade marking the 80th anniversary of the end of World War II.
But it is not only the Kremlin and the Chinese Communist Party looking to unite in a show of opposition to the West.
Chinese President Xi Jinping shakes hands with Russian President Vladimir Putin at the Great Hall of the People, in Beijing, China, Sept. 2, 2025. (China Daily via REUTERS)
INDIA’S MODI COZIES UP WITH PUTIN, XI IN STATEMENT AGAINST TRUMP ‘BULLYING’
Iranian President Masoud Pezeshkian, who first traveled to China on Sunday for the Shanghai Cooperation Organization (SCO), met with Xi on Tuesday and called the looming UN sanctions targeting its nuclear program a «double standard.»
«The same countries that violated the [Joint Comprehensive Plan of Action] JCPOA are now claiming that Iran is not fulfilling its commitments,» he said in an interview with Chinese media, according to Iran International.
Pezeshkian’s comments were in direct reference to the U.S.’s withdrawal from the JCPOA in 2018 during the first Trump administration – a move which was further criticized by Russian and Chinese officials last week after the UK, France and Germany announced their intent to employ snapback sanctions.
China, Iran and Russia sent a letter to the UN Secretary General on Monday condemning the move and claiming the West was united in a «politically destructive» course.
North Korean leader Kim Jong Un also arrived in China on Tuesday after his armored train was seen arriving in Bejing where he was then met by Chinese officials, like Foreign Minister Wang Yi, reported Reuters.
A train believed to be carrying North Korean leader Kim Jong Un arrives in Beijing, ahead of a military parade marking the 80th anniversary of the end of World War Two in Beijing, China, Sept. 2, 2025. (REUTERS/Tingshu Wang)
CHINA EYES TRUMP-PUTIN MEETING, GAUGES WEST’S RESOLVE ON UKRAINE
While North Korea is not a member of the SCO – a nine-member intercontinental group increasingly viewed as anti-Western and which includes China, Iran and Russia – Kim’s increased ties with Putin have prompted questions over whether there could be a trilateral agreement to include China on the horizon.
Xi highlighted the increasing concern when it comes to international groups like SCO or BRICS – a separate group that again includes Russia and China – in his comments on Monday when he said, «We must continue to take a clear stand against hegemonism and power politics.»
North Korean leader Kim Jong Un shakes hands with China’s President Xi Jinping during Xi’s visit in Pyongyang, North Korea, in this undated photo released on June 21, 2019. (KCNA via REUTERS )
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U.S. Treasury Secretary Scott Bessent dismissed the summit as «performative» and again called out China and India – which also sits in both SCO and BRICS – as «bad actors» over their continued status as top purchasers of Russian fossil fuels.
But a new natural gas agreement reached by Putin and Xi on Tuesday suggests that China has no plans to reduce trade with Russia despite Trump’s immense tariff threats, which could come into effect if a trade deal is not reached between Washington and Beijing come November.
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INTERNACIONAL
Trump says ‘Triumphal Arch’ monument construction to begin within 2 months in DC: report
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President Donald Trump revealed Wednesday how soon an Arc de Triomphe-style monument will be constructed in the nation’s capital to commemorate America’s 250th anniversary in 2026.
Trump on Wednesday said the construction of the monument, nicknamed the «Arc de Trump,» will begin «sometime in the next two months,» according to a report from Politico.
«It hasn’t started yet. It starts sometime in the next two months. It’ll be great. Everyone loves it,» Trump reportedly told the outlet during a phone call from Mar-a-Lago in Palm Beach, Fla. «They love the ballroom too. But they love the Triumphal Arch.»
The newest monument, which resembles Paris’ historic Arc de Triomphe, will be bankrolled privately, with funds left over from the new White House ballroom project, Fox News Digital previously reported.
TRUMP ADMIN FIGHTS IN COURT TO KEEP WHITE HOUSE EAST WING DEMOLITION, $300M BALLROOM BUILD ON TRACK
President Donald Trump holds a model of an arch during a ballroom fundraising dinner in the East Room of the White House on Oct. 15, 2025. (Kevin Dietsch/Getty Images)
The exact location of the new landmark has not yet been confirmed, though the report notes it may be situated near the Lincoln Monument.
Details about the amount of time it will take to build, the cost of construction, the funding amount and who is heading the project have not yet been released by the White House.
Trump signed Public Law 116-217 in December 2020 authorizing the Women’s Suffrage National Monument to be built on federal land in Washington, D.C., leading to the subsequent signing of the Women’s Suffrage National Monument Location Act during former President Joe Biden’s final week in office.
TRUMP PUSHES BACK AFTER MICHELLE OBAMA KNOCKS EAST WING RENOVATION, CALLING OLD ARRANGEMENT ‘A DISASTER’
A model of President Donald Trump’s proposed triumphal arch to commemorate the country’s 250th anniversary is seen on the Resolute Desk on Oct. 15, 2025. (Kevin Dietsch/Getty Images)
The Women’s Suffrage National Monument Foundation (WSNMF) announced Dec. 4 it received final and unanimous approval from the National Capital Planning Commission for a permanent two and a half acre site on the National Mall in Constitution Gardens, according to the foundation’s website.
Foundation leaders noted the women’s suffrage monument went through a «multi-step, rigorous review process,» including gaining approval from the National Capital Memorial Advisory Commission and the Commission of Fine Arts.
The foundation also completed a public comment period with the National Park Service as part of the public scoping process, according to its website.
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It is unclear if Trump’s newest proposed monument received similar approval.
The Women’s Suffrage National Monument will be located at the intersection of 19th St. and Constitution Avenue NW, and the next project phase will focus on creative development and design.
The new monument is rumored to be built on the National Mall in Washington, D.C. (Yasin Ozturk/Anadolu Agency)
«The enthusiasm behind this project has been inspiring,» WSNMF President and CEO Anna Laymon wrote in a Dec. 4 statement announcing final approval. «We are so grateful for the dedicated support from so many who made this possible, including President Trump; President Biden; our honorary chairs Mrs. Melania Trump, Dr. Jill Biden, Mrs. Michelle Obama, Mrs. Laura Bush, and Secretary Hillary Clinton; our bipartisan and bicameral Congressional sponsors, Senator Blackburn, Senator Baldwin, Congresswoman Lesko, Congressman Neguse and their dedicated staffs; our incredible Board of Directors; and all our partners and supporters.»
TRUMP BREAKS GROUND ON MASSIVE WHITE HOUSE BALLROOM PROJECT WITH PRIVATE FUNDING FROM ‘PATRIOTS’
The most recent major monument built on the National Mall was the Martin Luther King, Jr. Memorial, which was completed in 2011.
The granite memorial was inspired by a line from King’s «I Have a Dream» speech, delivered nearby on the steps of the Lincoln Memorial during the «March on Washington for Jobs and Freedom» in 1963.
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The White House did not immediately respond to Fox News Digital’s request for comment.
Fox News Digital’s Amanda Macias contributed to this report.
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Russian President Vladimir Putin used his New Year’s address to deliver a blunt message to the West and to his own troops: Russia is not backing down in Ukraine.
As 2026 arrived in Russia’s far eastern regions, Putin vowed victory in the nearly four-year war, praising Russian soldiers and framing the conflict as a fight for the nation’s survival — even as the United States ramps up diplomatic efforts aimed at ending the bloodshed.
«We believe in you and our victory,» Putin said in remarks broadcast nationwide and released by the Kremlin on Wednesday. Addressing troops directly, he congratulated «all our soldiers and commanders» and pledged continued support for what Moscow calls its «special military operation.»
TRUMP TOUTS ‘TREMENDOUS PROGRESS’ BUT SAYS HE’LL MEET PUTIN AND ZELENSKYY ‘ONLY WHEN’ PEACE DEAL IS FINAL
Russian President Vladimir Putin delivers his New Year’s address from the Kremlin, vowing victory in the war in Ukraine. (East2West)
Putin cast the war as a struggle for Russia’s homeland, «truth and justice,» signaling determination to press ahead despite mounting losses and international pressure.
In a separate message, ex-President Dmitry Medvedev — Putin’s security council deputy — said of victory in Ukraine: «I sincerely believe that it is near.» Echoing Putin, he spoke of «our great and invincible Russia.»
The defiant tone comes as the war approaches grim milestones. On Jan. 12, Russia’s invasion of Ukraine will surpass the 1,418 days the Soviet Union fought Nazi Germany in Europe during World War II. On Feb. 24, the conflict will enter its fourth year. Western estimates place the number of killed and wounded at more than 1 million — a figure the Kremlin disputes.
TRUMP MEETS WITH ZELENSKYY; TALKS COULD UNLOCK FIRST ZELENSKYY-PUTIN CALL IN FIVE YEARS: SOURCE
The mother of a Russian soldier who was killed in a military action in Ukraine, kneels near a planted tree in memory of her son at the Alley of Heroes in Sevastopol, Crimea, Saturday, Feb. 25, 2023. (AP Photo)
Putin’s rhetoric stood in sharp contrast to renewed diplomatic activity led by Washington.
Ukrainian President Volodymyr Zelenskyy met with U.S. President Donald Trump at Trump’s Mar-a-Lago resort in Florida on Sunday, as the White House explores possible paths to end Europe’s largest land war since World War II.
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U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky shake hands at a news conference following a meeting at Trump’s Mar-a-Lago club on December 28, 2025 in Palm Beach, Florida. (Joe Raedle/Getty Images)
After the meeting, Trump said Ukraine and Russia were «closer than ever» to peace, while acknowledging that major obstacles — particularly territorial disputes — remain unresolved. Reuters separately reported that Trump and Zelenskyy discussed potential U.S. troop involvement as part of broader security guarantees, though no decisions were announced.
Reuters contributed to this report.
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Las acciones europeas concluyeron 2025 con un sólido desempeño, a pesar de un leve retroceso en la última jornada bursátil del año. El índice STOXX 600, principal referente paneuropeo, cedió un 0,1% el miércoles, situándose en 592,19 puntos. Este descenso no empañó el balance anual del índice, que acumuló una subida del 16,66%, resultado similar al incremento del 17% registrado por el S&P 500 de Wall Street. Entre los factores que impulsaron este crecimiento se destacan la caída de las tasas de interés, el incremento del gasto fiscal en Alemania y el movimiento de capitales desde las grandes tecnológicas estadounidenses hacia el mercado europeo.
El sector bancario y el de defensa encabezaron las ganancias en la región. Las entidades de crédito impulsaron el avance del STOXX 600, logrando un ascenso del 67% en 2025, lo que representa su mejor resultado desde 1997. Esta mejora se atribuye a un aumento en las operaciones, un marco regulador más favorable y la estabilidad relativa de la economía europea. Por su parte, los valores de defensa marcaron máximos históricos durante el año y cerraron con un crecimiento del 56,5%, respaldados por los compromisos de incremento en el gasto militar en varios países de la región, a pesar de una corrección a la baja desde octubre.
A lo largo de 2025, los inversores optaron por diversificar sus carteras fuera de Estados Unidos, buscando oportunidades en Europa ante la incertidumbre comercial procedente de la administración estadounidense y los datos económicos poco concluyentes. No obstante, en la última jornada del año, la mayoría de los sectores cerraron en negativo. El subíndice minorista fue uno de los más afectados, con una caída del 0,3%.
La actividad en los mercados fue moderada en la víspera de las celebraciones de Año Nuevo. Las bolsas de Alemania, Italia y Suiza permanecieron cerradas, mientras que los mercados de Francia, España y el Reino Unido operaron con horarios reducidos. Pese a la tendencia general al alza, el índice IBEX de Madrid sobresalió al registrar un incremento cercano al 50% en 2025, superando ampliamente el desempeño de sus homólogos europeos.
El euro cerró este miércoles el año 2025 con una revalorización anual del 14% frente al dólar, impulsada en gran medida por el debilitamiento del “billete verde”. Esta tendencia plantea desafíos para las exportaciones de la zona euro, que desde el 1 de enero incorporará a un nuevo miembro: Bulgaria.
La cotización de la moneda única inició el año con una marcada debilidad, llegando el 2 de enero a 1,027 dólares, un valor que no se registraba desde noviembre de 2022. Este descenso se atribuyó a la diferente evolución económica entre Estados Unidos y la zona euro. Al cierre de 2024, el PIB estadounidense habría crecido un 2,8 %, mientras que la expansión en el denominado “Viejo Continente” fue del 0,7 %.
El retorno de Donald Trump a la presidencia de Estados Unidos el 20 de enero marcó un punto de inflexión para el euro, que comenzó a apreciarse frente al dólar hasta alcanzar este miércoles los 1,1732 dólares hacia las 16.00 GMT. El máximo anual se registró el 1 de julio, cuando la divisa europea llegó a cotizar a 1,1807 dólares, un nivel que no se veía desde 2021.
Este repunte coincidió con una fase de acercamiento comercial entre Washington y Bruselas, tras la imposición de gravámenes a productos importados por parte de la administración Trump. Aquellas negociaciones derivaron en un acuerdo marco entre Estados Unidos y la Unión Europea (UE), mediante el cual Washington se comprometió a aplicar un arancel promedio del 15 % a la mayoría de los bienes europeos, mientras que Bruselas acordó eliminar aranceles para productos estadounidenses. “El resultado negociado evita una escalada perjudicial y sienta las bases para continuar el diálogo y desarrollar las relaciones transatlánticas”, señalaron ambas partes en su comunicado conjunto del 21 de agosto.
Desde entonces, el euro se ha mantenido en una franja comprendida entre 1,159 y 1,173 dólares, impulsada principalmente por la debilidad de la economía estadounidense. Según explicó Hubertus Bardt, economista del Instituto para la Economía Alemana (IW), a la agencia EFE, este comportamiento responde “fundamentalmente a las actuales debilidades de la economía estadounidense”. Bardt atribuyó el debilitamiento del dólar a “una situación económica fragilizada” en Estados Unidos y a la “presión sobre la Reserva Federal” ejercida por Trump “para que baje los tipos de interés”.
(Con información de Reuters y EFE)
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