Citadel CEO Ken Griffin raised eyebrows this week when he left the door open to future public service or even running for office, while issuing some of his sharpest criticism yet of President Donald Trump.

“I’d like to believe that at a future point in my life, I will be involved in public service,” Griffin said during an interview at the WSJ Invest Live event Tuesday. “I’ve been able to have my voice heard on important issues, and I’d like to think that I’ve nudged the country and in small ways in good directions.”

Ken Griffin, speaking at WSJ Invest Live, didn’t say no when @emmatuckerWSJ
asked if he would run for office. (Read president) pic.twitter.com/vntp9BTL4B

— Jack Otter (@JackOtter) February 3, 2026

Griffin, a prominent Republican donor who contributed more than $100 million to conservative candidates and causes in the 2024 election cycle but did not back Trump’s re-election bid directly also took aim at the administration’s approach to business, saying the business leaders are tiring of what he sees as appeasing the president.

“When the U.S. government starts to engage in corporate America in a way that tastes of favoritism, I know for most CEOs that I’m friends with, they find it incredibly distasteful,” the billionaire hedge fund manager said. “Most CEOs just don’t want to find themselves in the business of having to, in some sense, suck up to one administration after another to succeed in running their business.”

Griffin also ripped Trump and members of his inner circle for business dealings riddled with conflicts of interest, including the Trump family’s crypto company World Liberty Financial. The Wall Street Journal recently reported that Sheikh Tahnoon bin Zayed Al Nahyan, UAE national security adviser, brother of the president, and often called the “Spy Sheikh,” secretly acquired a 49% stake in World Liberty Financial for $500 million. The deal was signed by Eric Trump just days before his family’s second inauguration in January 2025. The president has denied any knowledge of the agreement.

“This administration has definitely made missteps in choosing decisions or courses that have been very, very enriching to the families of those in the administration,” Griffin said. “That calls into question, is the public interest being served?”

Griffin, who moved his hedge fund from Chicago to Palm Beach citing rising crime and high taxes in Democrat-run Illinois, teamed up with Stephen Ross this week to contribute $10 million to the “Ambition Accelerated” campaign through the Florida Council of 100, aiming to lure CEOs, founders, and investors to state’s Gold Coast.

“Where you choose to build a business determines how much time is spent driving growth versus navigating bureaucracy,” Griffin said in a statement. “Miami and the broader South Florida Gold Coast offer deep talent, regulatory clarity, and an extraordinary quality of life.”

Authored by Jonathan Turley,

Rep. Jerry Nadler (D., NY) is under fire this week for joining other Democratic members in reckless rhetoric to fuel the growing threats against federal law enforcement officers. Calling out the “fascism in our streets,” Nadler suggested that citizens could be justified in shooting masked agents, a chilling claim made earlier by other Democratic leaders.

The New York Post reported the comments made in a Judiciary Committee hearing. Nadler declared:

“What is really the major problem in this country today is the fascism in our streets. The attacks on American citizens, by masked hoodlums. If you were attacked by a masked person, you might think you were being kidnapped. You’d be justified in shooting the person — to protect yourself.”

The agents are wearing masks because different groups are actively publishing their identities and personal information online. The result has not only been doxxing but threats made against the families of these agents. Democratic politicians have pledged to assist in the effort to “unmask” and publish the identities of these officers as threats soar.

For many, these statements suggest that they have a license under laws like Stand Your Ground to shoot at agents and claim mistaken self-defense.

The continued use of such rhetoric in the face of soaring attacks and threats against officers is the worst form of demagoguery.

At the same time, members like Rep. Dan Goldman (D. NY) deny that there is evidence of a sharp increase in attacks despite overwhelming evidence to the contrary.

Notably, Nadler and his colleagues pushed for the impeachment of Donald Trump for what they called his inflammatory rhetoric on January 6th despite his call for the protests to remain peaceful.

Other members are engaging in the same hyperbolic rhetoric to appeal to the growing mob on the left.

Sen. Chris Murphy (D. Conn.) seems the most unhinged:

“What is happening in Minnesota right now is a dystopia. ICE is tear gassing elementary schools. It is disappearing legal residents into cars. It is murdering American citizens.”

Aspiring Democrats are getting the message.

Total Wine billionaire David Trone — who is running to recapture his Maryland congressional district from fellow Democrat Rep. April McClain-Delaney, declared this week that the federal government is “literally executing people on the streets” in “not just Minneapolis… all over the United States.”

Ohio Democratic Attorney General candidate Elliot Forhan is running on the catchy pledge that “I will kill Donald Trump.” It is a race to the bottom as Democratic leaders try to take the lead in mob politics.

When combined with the rationalization for the use of lethal force against officers, this rhetoric is not just inflammatory but dangerous. We have heard these voices before in our history.

As discussed in Rage and the Republic, we have a rising class of new Jacobins, politicians and pundits who are pandering to the mob. History does not bode well for these politicians seeking to ride the wave of rage when the mob turns against them.

Authored by Chris Summers via The Epoch Times,

Three U.S. warships have been sent to Haiti as part of Operation Southern Spear, a military operation in the Caribbean to counter narcotics trafficking.

“At the direction of the Secretary of War [Pete Hegseth], the ships USS Stockdale, USCGC Stone, and USCGC Diligence have arrived in the Bay of Port-au-Prince as part of Operation Southern Spear,” the U.S. Embassy in Haiti posted on X on Feb. 3.

The embassy said the presence of the warships reflects the United States’ “unwavering commitment to Haiti’s security, stability, and brighter future.”

The USS Stockdale is an Arleigh Burke-class guided-missile destroyer based in San Diego, while USCGC Stone and USCGC Diligence are Coast Guard cutters based in North Charleston, South Carolina, and Pensacola, Florida, respectively.

“The U.S. Navy and U.S. Coast Guard reaffirm their partnership and support to ensure a safer and more prosperous Haiti,” the U.S. Embassy posted on X.

Operation Southern Spear is targeting narco-trafficking and has led to strikes on several drug smuggling boats since September 2025. On Jan. 3, Venezuelan leader Nicolás Maduro was captured and indicted on drug trafficking and other charges.

Another boat strike was carried out on Jan. 23, at an undisclosed location, according to U.S. Southern Command.

Unrest in Haiti

Haiti has been mired in political and economic turmoil since July 2021, when President Jovenel Moïse was assassinated at his home in the Haitian capital, Port-au-Prince, by a group of mercenaries, most of whom were Colombian nationals.

Gangs have proliferated and begun to dominate large parts of Haiti, and in May 2025, U.S. Secretary of State Marco Rubio designated two of the largest gangs, Viv Ansanm and Gran Grif, as foreign terrorist organizations.

In November 2025, U.S. President Donald Trump published a new National Security Strategy, which calls for expanded naval and Coast Guard operations and aggressive targeting of drug cartels.

“We want to ensure that the Western Hemisphere remains reasonably stable and well-governed enough to prevent and discourage mass migration to the United States,” the strategy document states. “We want a Hemisphere whose governments cooperate with us against narco-terrorists, cartels, and other transnational criminal organizations.”

Haiti has not had elections since 2016. A nine-member Transitional Presidential Council was appointed in April 2024, but has been marked by allegations of corruption and a declining security situation in Haiti.

On Jan. 23, Haitian Prime Minister Alix Didier Fils-Aimé, who was appointed by the Transitional Presidential Council, spoke to U.S. Secretary of State Marco Rubio, who said the call “reaffirmed U.S. support for Haiti’s stability and security.”

“The current violence caused by gangs can only be stopped with consistent, strong leadership, with the full support of the Haitian people,” the State Department said. Rubio said the Transitional Presidential Council ”must be dissolved by February 7 without corrupt actors seeking to interfere in Haiti’s path to elected governance for their own gains.”

Last month the State Department took steps to revoke the visas of two unidentified members of Haiti’s Transitional Presidential ‍Council (TPC) and their immediate families because of their alleged involvement in gangs.

“These actions are being taken due to the TPC members’ involvement in the operation of gangs and other criminal organizations in Haiti, including through interference with the Government of Haiti’s efforts to counter gangs designated as Foreign Terrorist Organizations (FTO) by the United States,” the State Department said in a Jan. 25 statement.

In September 2025 the United Nations Security Council authorized the conversion of a Multinational Security Support mission—which had been deployed in Haiti in June 2024—into a 5,500-strong Gang Suppression Force.

China, Russia, and Pakistan abstained in the vote.

In December 2025, the United States and Canada said 18 entities had offered personnel, resources, and technical support for the Gang Suppression Force.

“We were looking for 5,500 forces,” Rubio said on Dec. 19, 2025. “We already have pledges of up to 7,500 forces from a variety of countries. We’ve seen donors step up to fund that effort.”

The Washington Post on Wednesday told employees that it was launching a widespread round of layoffs, which will amount to roughly 30% of all employees.

Most affected will be the Sports, Local News, and International sections, according to the NY Times, citing two people with knowledge of the decision. Of the outlet’s roughly 800 journalists, more than 300 are getting the axe.

And of course, the left-wing media complex is firmly blaming owner Jeff Bezos – who decided not to endorse a candidate in the 2024 election before vowing to be less biased as an organization. 

The Atlantic, owned by Epstein pal Laurene Jobs, was very dramatic:

The NY Times also framed it as Bezos’ fault, writing;

The cuts are a sign that Jeff Bezos, who became one of the world’s richest people by selling things on the internet, has not yet figured out how to build and maintain a profitable publication on the internet. The paper expanded during the first several years of his ownership, but the company has sputtered more recently.

In a Wednesday call, executive editor Matt Murray told employees that the company had been losing too much money for too long, and had not been meeting readers’ needs. As a result, all sections will be affected in some way, and what rises from the ashes would be a publication more focused on national news and politics, business, and health, and less on other things.

“If anything, today is about positioning ourselves to become more essential to people’s lives in what is becoming a more crowded, competitive and complicated media landscape,” Murray said. “And after some years when, candidly, The Post has had struggles.”

Murray also said that search traffic has plummeted nearly in half over the last three years, partly due to the rise of generative AI – and that the Post’s “daily story output has substantially fallen in the last five years.”

“Even as we produce much excellent work, we too often write from one perspective, for one slice of the audience,” he said. 

Learn to Vibecode

[pause for a second, open this, hit play, continue reading]

In memoriam: 

I have been laid off today from the @washingtonpost, along with most of the International staff and so many other wonderful colleagues. I’m heartbroken for our newsroom and especially for the peerless journalists who served the Post internationally — editors and correspondents…

— Ishaan Tharoor (@ishaantharoor) February 4, 2026

I have been laid off today from the @washingtonpost, along with most of the International staff and so many other wonderful colleagues. I’m heartbroken for our newsroom and especially for the peerless journalists who served the Post internationally — editors and correspondents…

— Ishaan Tharoor (@ishaantharoor) February 4, 2026

I was just laid off by The Washington Post in the middle of a warzone. I have no words. I’m devastated. https://t.co/dVCLF39YV1

— lizzie johnson (@lizziejohnsonnn) February 4, 2026

Some personal news: I’m among today’s @washingtonpost layoffs. It was a dream 11-year run as an investigative reporter focused on sports—making billionaires tremble (or at least mildly annoying them and their lawyers.)

A few highlights from the ride: 🧵

— Will Hobson (@TheWillHobson) February 4, 2026

Some personal news: I’m among today’s @washingtonpost layoffs. It was a dream 11-year run as an investigative reporter focused on sports—making billionaires tremble (or at least mildly annoying them and their lawyers.)

A few highlights from the ride: 🧵

— Will Hobson (@TheWillHobson) February 4, 2026

Average WaPo journalist today after spending a decade trying to help cancel ZeroHedge and advising laid off coal workers to learn to code:

Authored by Kevin Stocklin via The Epoch Times,

The Trump administration has taken a sharp turn from its predecessor regarding wind and solar energy, curtailing many of the loans, grants, and permitting that the Biden administration had put in place.

Without government subsidies and regulatory support, energy analysts are questioning whether these industries can stand on their own merits.

“We’ve reached the end of the hype phase, and the beginning of the reality phase,” Sam Romain, chairman of Americans for Energy Dominance, told The Epoch Times.

“Technologies that lower costs, improve reliability, and strengthen the grid will grow.

“Those that don’t will fade.”

On his first day in office, President Donald Trump suspended new leases and permits for wind and solar on public lands and waters and raised fees for existing projects. Subsequently, his One Big Beautiful Bill Act set tighter deadlines to cut off subsidies to wind and solar energy projects, putting more than $300 billion in planned wind and solar investments at risk of cancellation.

In August 2025, Transportation Secretary Sean Duffy canceled $679 million in federal funding for 12 offshore wind projects across the United States, stating that the administration is “prioritizing real infrastructure improvements over fantasy wind projects that cost much and offer little.”

And in December 2025, the Interior Department halted leases for five large-scale offshore wind projects under construction in the United States, citing security risks.

Calling the wind installations “expensive, unreliable [and] heavily subsidized,” Interior Secretary Doug Burgum posted on X that “ONE natural gas pipeline supplies as much energy as these 5 projects COMBINED.”

Without these subsidies, many analysts say wind and solar power will struggle to survive, at least on the scale that was envisioned under the Biden administration.

“Wind and solar won’t be able to credibly compete with affordable, reliable baseload sources like gas, coal, and nuclear at the utility scale,” Sarah Montalbano, energy policy analyst at Always On Energy Research, told The Epoch Times. “Intermittent wind and solar depend on tax credits and state mandates that require their construction.”

Today, some analysts say, developers are putting many renewable projects on hold, waiting until another Democratic administration takes the White House.

“For the remainder of Trump’s term, wind and solar will be in decline,” H. Sterling Burnett, director of climate and environmental policy at The Heartland Institute, told The Epoch Times. “Whether that sticks depends upon who is the next president.

Climate change activists hold signs during a news conference with members of the House Sustainable Energy and Environment Coalition on Capitol Hill in Washington on Nov. 13, 2025. Since taking office, President Donald Trump has slashed subsidies and canceled permits on federal lands for wind and solar energy—an industry that has long thrived on government subsidies. Madalina Kilroy/The Epoch Times

“Some wind and solar will be built due to state support and mandates, especially those already contracted for and under construction, but the money spigot is ending and that will doom new developments,” Burnett said.

As of January, there are 4,202 planned solar projects and 802 planned wind projects in development in the United States, according to Cleanview, an energy analytics firm.

State Support for Wind, Solar

While renewable energy has lost some of its strongest advocates in Washington, experts say that the industry will survive, even if scaled back, because regulation of power generation was reserved to the states in the 1920 Federal Power Act, within their borders.

And many states, particularly those run by Democrats, have regulations in place that require or incentivize utilities to buy wind and solar power over gas, coal, and nuclear.

However, even in those states that favor them, wind and solar energy are running up against two major hurdles: reliability and cost.

When comparing wind or solar to alternatives such as nuclear, “you’re comparing two very unlike things,” said Bill Glahn, policy fellow at the Center of the American Experiment and former deputy commerce commissioner for the state of Minnesota.

One is “an intermittent resource that may last 10 to 20 years before the equipment breaks down and has to be replaced, versus a 24/7 dispatchable plant that could be around 50 to 70 years,” Glahn told The Epoch Times.

He said the nuclear plants currently operating in Minnesota were built in the 1970s and will likely operate until 2040 or beyond.

“Wind and solar can’t compete on that basis,” he said.

Oilfield pump jacks in Williston, N.D., on Dec. 21, 2023. Madalina Vasiliu/The Epoch Times

Hidden Costs

Renewable energy was supposed to be a cheaper energy source, advocates claimed, because wind and sunshine are free. However, the true aggregate cost of these technologies has been obscured in several ways.

First, weather-dependent energy requires backup systems, typically gas-fired plants, to generate electricity when the sun is not shining or the wind is not blowing. However, the cost of building and running these backup systems is generally not attributed to the wind and solar plants that required them.

There are also additional costs to build new distribution lines to transmit electricity from the often remote locations where wind and solar power are generated to end users in cities and towns.

“With so many of these projects, be they wind or solar, you have to either upgrade a transmission line or upgrade the local distribution system to put those assets on the grid, and those costs are never assigned to wind and solar,” Glahn said. “The wind and solar projects cause the transmission projects to be needed—and these are multi-billion dollar projects—but that cost all gets assigned, in this extremely bizarre twist, to resources that are running and that are useful.”

In Minnesota, the source that is running is usually nuclear power and natural gas, so the additional transmission costs are attributed to them, Glahn said.

“We put the thumb on the scale to make sure wind and solar pass some rudimentary cost-benefit analysis by just out and out cheating, and it’s super frustrating,” he said.

Another hidden cost is that wind and solar plants typically have shorter lifespans than gas, coal, and nuclear plants, and the expense of decommissioning them is often also not taken into account in the way that it is with traditional power plants.

An October 2025 study by Curtis Schube and Mark Mills for the National Center for Energy Analytics found that, while 30 U.S. states made little or no provisions for decommissioning wind and solar plants, the vast majority of states did so for coal, gas, and nuclear plants. In many cases, this could leave local residents with the bill for cleanup, once wind and solar facilities reach the end of their relatively short lives.

Discarded wind turbine blades are seen in a field next to the Sweetwater Cemetery in Sweetwater, Texas, on Oct. 4, 2023. Brandon Bell/Getty Images

There are currently more than 75,000 wind turbines operating across 45 U.S. states, and more than 5,700 large-scale solar installations across 49 states, according to the U.S. Geological Survey. In both cases, the first installations were built prior to 1990, putting many of them close to their decommissioning date.

Consumers often bear all of these additional costs through higher utility bills and higher taxes.

Environmental organizations that advocate net-zero policies and wind and solar construction often have strong lobbying support in state legislatures, as do public utilities that simply pass on their costs to consumers, Glahn said.

“Utilities make sure that they’re going to come out of this neutral, but the consumers are the ones who get screwed, and there’s really nobody to speak for them at the capitol,” he said.

Struggle to Pay Electric Bills

This more sober assessment of the costs and benefits of wind and solar is happening at a time when Americans increasingly are struggling to pay their electric bills.

A 2025 report by the Century Foundation states that average electricity prices have climbed by 32 percent since 2022 and as a result, 14 million Americans—or about one in 20 households—are on track to have unpaid utility bills sent to collection agencies.

“If a policy drives up bills and increases blackout risk, it’s not sustainable,” Romain said. “These ‘net zero’ mandates are often written by elites who never worry about paying their power bill.”

A December 2025 study by the Institute for Energy Research found that 86 percent of the states with electricity prices above the national average were Democrat-led, or “reliably blue.” All of the five states with the highest electric bills had mandates requiring that 100 percent of their power must come from carbon-free sources.

By contrast, 20 of the 25 states with the lowest electricity prices were red states, and seven of the 10 states with the cheapest electricity did not have 100 percent carbon-free mandates.

Energy analyst Robert Bryce cited the case of New York in a recent op-ed published in the New York Post. The state just approved a $615 per year rate hike in gas and electricity bills for the average New York City resident by 2028. The state’s political leaders have not only incentivized utilities to build wind and solar capacity, but also shuttered the Indian Point nuclear plant, which produced one-quarter of New York City’s electricity.

Closing Indian Point will cost between $1.5 billion and $2.2 billion by 2030, Bryce said, and as a result of such policies, New York’s electricity prices are now 58 percent above the national average.

The Indian Point nuclear power plant on the Hudson River in Buchanan, N.Y., on March 22, 2011. Bill Glahn, a policy fellow at the Center of the American Experiment, said nuclear plants have longer life spans than wind and solar and are “24/7 dispatchable,” making them more reliable. Don Emmert/AFP via Getty Images

Renewable Rejection

And while Americans may not have control over their electric bills, they are increasingly fighting back against the installations of large wind and solar projects in their neighborhoods.

“It was clear before the end of subsidies that Big Wind was facing more and more friction from local communities fighting back against their projects,” Bryce told The Epoch Times, citing the most recent example of the California Energy Commission rejecting the Fountain Wind project in Shasta County.

According to Bryce’s database, Renewable Rejection, there have been 1,148 cases to date of local communities working to halt the installation of wind, solar, or battery projects.

Wind turbines obstruct views and injure wildlife, and both wind and solar facilities consume significantly more acreage than traditional energy plants, according to a 2024 report by the Massachusetts Institute of Technology.

“When it comes to land use, nuclear plants take up as little as 10 hectares per terawatt-hour of electricity produced per year, while wind uses about 100 hectares, measuring just the area taken up by turbines,” the report found.

“This rises to an astounding 10,000 hectares if you include all the land covered by a wind farm, but most of this space is open land and can be used for ranching or farming.”

In January, a federal judge blocked the Trump administration’s attempt to revoke permits for five offshore wind projects, allowing several of them to resume construction. According to Burnett, however, even if these wind projects move through to completion, there will likely be delays and cost overruns.

“Dozens of offshore wind projects approved and permitted by the Biden administration have already ceased construction and withdrawn from the projects simply due to economics,” Burnett said. “Materials costs keep rising and supply chain problems have hampered construction.”

Wind turbines operate in a field in Beulah, N.D., on Dec. 22, 2023. Madalina Vasiliu/The Epoch Times

Because much of the material for wind turbines and solar panels originates in China, construction costs are being driven even higher by tariffs imposed on Chinese imports.

As their costs rise, many wind developers have repeatedly gone back to states to renegotiate terms, “and still they’ve pulled out,” Burnett said. “The remaining five projects still under construction will cost ratepayers billions of dollars, pollute the oceans, kill protected species, compromise national security, and provide relatively little reliable power.”

An aerial view shows the Kayenta Solar Plant in Kayenta, Ariz., on June 23, 2024. Observers said that the true aggregate cost of renewable energy is often understated because existing utilities must build the new lines to carry power from remote wind and solar sites to cities and towns. Brandon Bell/Getty Images

However, the prospects for solar energy are likely brighter than for wind.

“It is important to distinguish between massive wind and solar farms that stretch for miles and the solar panels that homeowners install on their rooftops,” Romain said.

“The economics of home batteries and rooftop solar work for a lot of Americans, which is why they privately installed 4.7 gigawatts of rooftop solar in 2024 alone—roughly the output of five nuclear plants.”

Bryce concurs.

“Solar will continue to grow for several reasons: It is politically popular, in many cases the economics work without subsidies, and solar land-use requirements are about one-tenth those of wind,” he said.

“The only thing dumber than onshore wind energy is offshore wind energy.”

Update (Wednesday):

U.S. District Judge Aileen Cannon sentenced Ryan Routh to life in prison for attempting to assassinate President Trump during the 2024 presidential election cycle, according to AP News.

Federal prosecutors said Routh spent months planning the attack, showed willingness to kill anyone who interfered, and expressed zero remorse during the trial. They asked the judge to impose a life sentence on Routh to “send a message that seeking to assassinate a Presidential candidate will result in the most severe punishment.”

Prosecutors said that Routh “plotted painstakingly to kill President Trump, and took significant steps toward making that happen, culminating on September 15, 2024 at the Trump International Golf Club in West Palm Beach, when he sat in a sniper hide that he had carefully constructed, chambered a round in the military-grade SKS rifle that he possessed illegally, and pointed it toward President Trump and his protective detail.”

Routh’s assassination plot of the president was only thwarted, prosecutors said, “by a Secret Service agent who noticed and disrupted Routh before Routh could fire a shot.”

Judge Cannon previously rejected Routh’s motion for her recusal when he was charged in the fall of 2024.

“Mr. Trump is the current Republican candidate for President in next month’s election,” Routh’s lawyers wrote to Cannon in October 2024.

“On the campaign trail, he has repeatedly praised Your Honor for her rulings in his case. As the alleged victim here, he has a significant stake in the outcome of this case too. Were he to become President in the future, he would have authority to nominate Your Honor to a federal judgeship on a higher court were a vacancy to arise,” they wrote.

Routh, who represented himself during the trial, was assigned a court-appointed attorney ahead of the sentencing hearing.

During closing arguments, Routh told the court in a rambling statement that no crime occurred because he never fired a shot.

After two hours of deliberation, the jury found him guilty on all five counts, including federal gun charges and assaulting a Secret Service agent.

A psychiatric evaluation concluded Routh was competent enough to stand trial.

*  *    * 

Authored by Jackson Richman via The Epoch Times,

A federal judge is set to sentence Ryan Routh on Feb. 4 for attempting to assassinate President Donald Trump. Prosecutors are seeking a life sentence while the defense is arguing for leniency.

The sentencing hearing is scheduled just months after Routh, 59, attempted to stab himself in U.S. District Judge Aileen Cannon’s courtroom following a guilty verdict on multiple counts. Federal prosecutors said in a court filing that a life sentence was appropriate given what they described as months of deliberate planning and a clear intent to kill.

“He took steps over the course of months to assassinate a major presidential candidate, demonstrated the will to kill anybody in the way, and has since expressed neither regret nor remorse to his victims,” prosecutors wrote in a sentencing memorandum.

Defense attorneys objected to prosecutors’ attempt to enhance the sentencing by alleging Routh’s actions involved a terrorism element. Routh’s actions did not meet the legal definition of terrorism, the defense said.

During the trial, Routh attempted to portray himself as gentle and nonviolent, a characterization prosecutors sharply disputed, arguing that his planning showed clear intent to kill Trump.

The prosecution argued in a memo that Routh, “for all his protestations of peacefulness, is a dangerous man, at least when it comes to individuals who stand in his way.”

Dr. Heather Holmes wrote a report for the defense, which is unavailable to the public, that Routh suffers from Narcissistic Personality Disorder and Bipolar II. However, prosecutors argued that these diagnoses do not provide a basis to claim incompetence, insanity, or diminished capacity. Additionally, the disorders are not corroborated by the defendant’s prior medical or psychiatric records, they said.

The report should not be a justification for sentencing Routh to anything less than life in prison, the prosecution added.

The defense submitted character letters to Cannon.

One was from Darya Trotsenko, a citizen of Ukraine, where Routh served during the Eastern European country’s war with Russia.

She wrote that Routh “possessed a remarkable openness and kindness that drew people to him, and he was deeply respected and liked by everyone.”

Trotsenko also wrote that Routh’s “actions in Ukraine demonstrated a peaceful and constructive character.”

“I believe in justice, but I also believe in compassion and in judging a person by their whole life. Ryan has already shown, through his actions, that he is an asset to his community, not a threat,” she added.

Additionally, Trotsenko said that Routh should eventually be released from prison to be with his family and a contributing member of society.

Routh was convicted of attempted assassination of a major presidential candidate, possessing a firearm in furtherance of a crime of violence, assaulting a federal officer, being a felon in possession of a firearm and ammunition, and possession of a firearm with an obliterated serial number.

Routh targeted Trump on Sept. 15, 2024, while the then-Republican presidential nominee was golfing at Trump International Golf Club in West Palm Beach, Florida. The attack occurred just months after a separate assassination attempt against Trump at a campaign rally in Butler, Pennsylvania.

Trial evidence showed that Routh concealed himself outside the golf course perimeter, aiming an AK-style rifle through a hole in the fence. He was spotted by then-U.S. Secret Service Special Agent Robert Fercano, who was patrolling one hole ahead of Trump. At the time, Trump was golfing with longtime friend Steve Witkoff, now the U.S. special envoy to the Middle East.

Fearing for his own safety and that of the former president, Fercano fired a shot at Routh, who fled the scene and drove away. Routh was arrested shortly after on a nearby highway.

During the trial, a witness testified that he contacted law enforcement after Routh dropped off a box at his home in April, following a visit to the area near the golf course. Inside the box was a handwritten letter from Routh that read, in part, “Dear World, This was the assassination attempt on Donald Trump but I am so sorry I failed you. I tried my best and gave it all the gumption I could muster. It is up to you now to finish the job.”

The letter also offered $150,000 to anyone who could kill Trump.

Investigators searching Routh’s vehicle recovered multiple cell phones, a list of international flights scheduled for the afternoon and evening of the attack, and directions to Miami International Airport.

Cell phone records showed that between Aug. 18 and Sept. 15, Routh’s devices repeatedly connected to cell towers near Trump International Golf Club and Mar-a-Lago, Trump’s estate.

Our Dec. 23 note, “Why the Price of Uranium Is About to Soar,” was published just days before uranium futures surged 25% to above $100 per pound. Prices have since corrected about 10% to around $91 per pound, but the broader thesis remains intact: up and to the right.

As we first outlined to readers since December 2020 (read here), uranium has emerged as the next gold. In an era of data centers and a rush to power up America with new nuclear reactors and to build next-generation grids capable of supporting explosive data-center growth and broader electrification trends, the world faces a massive uranium supply deficit that is only set to worsen by the end of the decade.

Drawing on Goldman’s Global Reactor Tracker, we provide readers with the latest developments, data points, and progress across North America, Europe, and Asia that only reinforce our bullish thesis on Cameco Corp and peers. We expect this to remain a solid bet on the industry this decade. Just remember, the CCJ call was made in December 2020 at around $11 per share.

Analysts led by Brian Lee have done all the hard work in capturing a snapshot of the uranium industry.

Here are the most critical developments happening across the space:

North America

1/16/26 – United States – NASA and the DOE have renewed their commitment through an MoU to develop a fission power source for the Moon and future Mars missions. This initiative, driven by an Executive Order, prioritizes deploying a lunar surface reactor by 2030 to provide safe, efficient, and continuous electrical power for sustained lunar missions, independent of sunlight or temperature. This aligns with NASA’s 2025 Integrated Lunar Power Strategy, which considers nuclear fission as a primary power generation technology.

1/29/2026 – Canada – Saskatchewan’s government and SaskPower are evaluating large nuclear reactor technologies alongside existing SMR plans. This dual strategy aims for energy security and future electricity demand, utilizing Saskatchewan’s uranium. GE Hitachi’s BWRX-300 SMR is planned for mid-2030s deployment near Estevan, while Westinghouse’s AP1000 and AP300 SMRs are also being explored. Large reactors could take 15-20 years to become operational.

1/29/2026 – Canada – Westinghouse and Tetra Tech Canada are collaborating to deploy Westinghouse’s AP1000 and AP300 reactors in Ontario. This partnership supports Ontario’s exploration of new nuclear generation at the Wesleyville site, where Ontario Power Generation (OPG) is evaluating various reactor technologies. The AP300 SMR aims for design certification by 2027 and operation by 2033.

Europe

1/19/26 – Slovakia- Slovakia and the USA have signed an Intergovernmental Agreement to advance Slovakia’s nuclear power program. This includes a new 1,200 MWe unit, possibly a Westinghouse reactor, at the Bohunice Nuclear Power Plant, targeting 2040-2041 operation. This follows a feasibility study supporting SMRs in Slovakia by 2035.

1/23/2026 – Denmark – Denmark is studying new nuclear technologies, including SMRs, to assess their potential and risks. This aims to inform a possible lifting of its 1985 nuclear power ban, driven by energy security and growing SMR interest. The analysis, covering economic viability and regulatory needs, is due Q2 2026 and is supported by a Nuclear Power Alliance.

Asia and other

1/2/2026 – South Korea – South Korea’s Nuclear Safety and Security Commission has issued an operating license for Saeul Nuclear Power Plant unit 3, an APR1400 reactor, with commercial operation targeted for January after fuel loading and testing. This unit, featuring enhanced safety measures and contributing 1.7% of Korea’s total power, marks a significant step following the reversal of the country’s nuclear phase-out policy.

1/2/2026 – Russia – The first VVER-TOI power unit at Russia’s Kursk II nuclear power plant was connected to the grid on Dec 31, reaching an initial capacity of 240MW, with a full capacity of 1,250MW. This new unit, is part of a project to replace the older RBMK-1000 reactors at the existing Kursk plant, with all four new units targeted for operation by 2034 (here).

1/5/2026 – China – Unit 2 of China’s Zhangzhou nuclear power plant, a Hualong One reactor, has entered commercial operation, completing the first phase of the project and bringing China Nuclear Power Corporation’s total operating units to 27. This plant, once fully completed with six units, is expected to provide over 60 billion kilowatt-hours of clean energy annually, significantly contributing to China’s energy structure and “dual carbon” goal (here).

1/6/2026 – Russia – Russia’s Bilibino Nuclear Power Plant permanently shut down its last unit on December 30 after 51 years, replaced by the 70 MW Akademik Lomonosov floating nuclear power plant. This marks Rosenergoatom’s first complete plant shutdown, with unique decommissioning challenges in the Arctic, aiming for full rehabilitation by 2055 (here).

1/15/2026 – Russia – Russia has approved a five-year life extension for Leningrad-4, an RBMK-1000 reactor, allowing it to operate for a total of 50 years until 2031 after comprehensive modernization and safety checks. This extension ensures continued electricity supply for northwest Russia and the production of medical isotopes, complementing the ongoing replacement of older RBMK units with new VVER-1200 reactors at the site.

1/16/2026 – China – China has commenced construction on Unit 1 of the Xuwei nuclear power project, a “world’s first dual-coupling demonstration” combining Hualong One PWRs with a high-temperature gas-cooled reactor to provide both electricity and industrial heating. This innovative project is projected to annually supply 32.5 million tonnes of industrial steam and over 11.5 billion kWh of electricity, significantly reducing coal consumption and carbon emissions.

1/19/2026 – Japan – Tepco postponed the scheduled January 20 restart of unit 6 at its Kashiwazaki-Kariwa nuclear power plant. The delay occurred after a safety alarm failed to sound during a control rod withdrawal test on January 17. Tepco identified and corrected an error in the alarm’s settings by January 18, confirming its proper function. This Advanced Boiling Water Reactor had been offline since the Fukushima Daiichi accident (here).

1/19/2026 – Russia – Rosatom Director expects four foreign nuclear units to start in 2026: Bangladesh (Rooppur), Turkey (Akkuyu), and two in China. Rosatom exceeded 2025 goals despite sanctions, advancing Hungary’s Paks II and Turkey’s Akkuyu projects. He discussed yuan financing, 100-year unit operation, advanced nuclear tech, and the Northern Sea Route. Zaporizhzhia NPP Unit 1 was licensed in 2025, with generation conditional.

1/26/2026 – South Korea – South Korea confirmed plans for two new large nuclear reactors and 700 MW of SMR capacity by 2038, as part of its 11th Basic Plan. The strategy prioritizes nuclear and renewables to reduce carbon emissions, projecting increased electricity demand and a rise in carbon-free energy to 70% by 2038. KHNP will launch a bidding process for host cities by 2027, targeting reactor completion by 2037-2038.

1/26/2026 – Argentina – Argentina’s CNEA plans to reactivate its Neuquén Heavy Water Industrial Plant (PIAP), mothballed since 2017. Once the world’s largest facility, it will undergo maintenance and refurbishment to restart production, aiming for revenue generation and exports. A May 2025 MoU with Candu Energy supports the restart and long-term heavy water acquisition, with Argentina’s plants needing 485 tonnes and surplus available for export.

1/19/2026 – Russia – Russia’s Roscosmos has contracted NPO Lavochkin to develop a lunar nuclear power station by 2036, requiring three missions (2033-2035). This station will power Russia’s lunar program and the International Lunar Research Station (ILRS), a joint Russia-China initiative also involving Rosatom and the Kurchatov Institute.

SMR announcement tracker

1/6/2026 – Bulgaria – Blue Bird Energy and Synthos Green Energy formed a joint venture to deploy up to six GE Vernova Hitachi Nuclear Energy BWRX-300 small modular reactors (SMRs) in Bulgaria, aiming to provide affordable, reliable energy. This expands Synthos Green Energy’s European SMR strategy, which includes plans for 24 BWRX-300 units in Poland.

1/8/2026 – United States – Terrestrial Energy and Oklo have signed agreements with the US Department of Energy for pilot projects under the Advanced Reactor Pilot Program. Terrestrial Energy will develop a pilot Integral Molten Salt Reactor (IMSR) to expedite commercialization of its 4th generation technology, while Oklo will build a radioisotope pilot plant for medical and research isotopes. These agreements, leveraging Other Transaction Authority, aim to fast-track advanced reactor innovation and achieve criticality by July 2026.

1/8/2026 – China – China’s ACP100 (Linglong One) SMR at the Changjiang site successfully completed its non-nuclear turbine test run on December 23. This 125 MWe SMR, developed by CNNC, is the world’s first commercial land-based SMR to reach this milestone, verifying its conventional island systems. Commercial operation is targeted for the first half of 2026.

1/12/2026 – United States – Ameresco and NANO Nuclear signed an MoU to deploy NANO’s KRONOS, ZEUS, and LOKI microreactors on US federal and commercial sites, with Ameresco leading EPC. DS Danseok also signed an MoU for NANO microreactors in South Korea. This builds on Ameresco’s prior IMSR collaboration.

1/16/2026 – Slovakia – A Project Phoenix study confirmed Slovakia’s suitability for SMR deployment, with four sites (Bohunice, Mochovce, Vojany, US Steel Košice) meeting baseline criteria. The next steps involve developing a regulatory framework, detailed site investigations, and public consultation. SMRs could be operational by 2035, enhancing energy security and decarbonization.

1/16/2026 – Uzbekistan – Uzbekistan and Rosatom are progressing on a nuclear power plant project, with first concrete for the SMR anticipated “well before December” 2026, targeting spring pouring. The project initially involved six RITM-200N SMRs (330 MW total), with the first unit critical by late 2029. The plan later expanded to include two large VVER-1000 units and two 55 MW RITM-200N SMRs. Excavation for the first SMR is underway in the Jizzakh region.

1/29/2026 – United States – NextEra Energy plans up to 6 GWe of SMR capacity, primarily for data centers. They are evaluating SMR manufacturers and have identified 6 GW of co-location opportunities at existing or new sites. The Duane Arnold plant will restart by 2029, supported by a Google power purchase agreement. This is part of NextEra’s “15 by 35” strategy, aiming for 15-30 GW for data centers by 2035.

Global reactor critical updates

In the month of January, there have been few changes to new reactor construction starts, grid connections, shutdowns, or restarts.

Global reactor construction tracker

The epicenter of the world’s nuclear reactor buildouts is China.

Global reactors under construction.

China.

Latest on spot uranium prices:

Spot momentum continues into the new year. Uranium pricing has shown continued strength in the new year, up +21% over the month of January, with spot climbing over $100/lb for the first time in almost two years. Spot market activity was robust with a total of 90 transactions involving 9mn/lbs of uranium. Pricing momentum intensified in the last week of January as Sprott raised funds and accumulated ~2.5mn lbs of uranium. The spot price currently sits at ~$91/lb compared to $82/lb in December.

Term pricing moderate. Term pricing increased in January by $2 to $88/lb, marking its highest level since May 2008. However, term market activity was moderate throughout the month, with one utility finalizing an off-market selection for uranium deliveries starting in 2029. A new utility also entered the market seeking approximately 1.2 million pounds of uranium for delivery in the same year. Additionally, non-U.S. utilities were actively evaluating offers for longer-term uranium and EUP requests.

KAP guidance update. On 2/2/26, KAP provided its 4Q25 operations and trading update, which included 2026 production guidance. The company’s 2025 production of 25,839 tonnes uranium (tU) (67.2mn lbs) was in line with guidance of 25,000-26,500 tU. Additionally, KAP provided 2026 guidance of 27,500-29,000 tU (71.5-75.4mn lbs), signaling growth of 9% yoy that is driven by the planned ramp of its JV Budenovskoye, which is fully reserved under offtakes from 2024-2026. Importantly, the midpoint of 2026 guidance is ~5% below its subsoil use contract annual production of 29,697 tU, which was lowered by ~10% from 32,777 tU in August 2025. Additionally, the guidance is dependent on the availability of sulfuric acid, which was a key factor that weighed on production in 2025. We note that KAP could potentially lower its production another ~15% and be within the confines of the +/- 20% threshold provided in its Competent Person’s Report.

Color on nuclear stocks:

Nuclear stocks have seen mixed performance over the past three months, with our nuclear coverage averaging a -13% return over the period compared to the S&P which returned 3%. Performance was collectively positive across uranium-levered names (CCJ/UEC), likely in large part owing to the recent rally in spot uranium pricing, while SMR technology players have traded significantly off. With respect to investor positioning, UEC was the only stock in our coverage which saw an increase in short interest, as the stock continues to rally, up 26%/35% over the past 3mo/12mo. Across the remainder of our coverage, short interest decreased across both CCJ and OKLO while SMR saw the largest decrease in short interest.

Cameco

Professional subscribers can read much more from Goldman here at our new Marketdesk.ai portal

Authored by Michael Lebowitz via RealInvestmentAdvice.com,

“Japan Bond Meltdown Sends Yields to Record High on Fiscal Fears,” read a January 2026 Bloomberg article. Headlines like this, and many others, warn that Japan’s abrupt interest rate increase is an omen of dire trouble. While that may be the case, given decades of economic woes, declining demographics, and extreme levels of outstanding debt, we have an alternative view.

Might the recent sharp rise in Japanese yields simply reflect the normalization of its economy, inflation, and interest rates following decades of stagnation and very aggressive monetary and fiscal policies?

Whether you follow Japan or not, its situation is incredibly important for investors because it is a major provider of global liquidity. Instead of being overly dramatic about the slim chance of a near-term Japanese crisis, we prefer to focus on how Japan normalizes policy after years of artificially suppressed interest rates and how it will impact the yen carry trade.

Japan’s Lost Decades

To help appreciate Japan’s current situation and why some pundits claim that Japan is near the end of its fiscal line, we share the links to prior articles: Japan’s Lost Decades & Are We on Japan’s Path Of Stagnation? The following quotes from the articles summarize Japan’s plight.

Japan’s prolonged stagnation traces back to the collapse of one of the largest asset bubbles in history in the late 1980s. As we explain, enormous real estate and stock market valuations imploded, leaving banks burdened with bad loans and unable to lend effectively. For example: “from 1956 to 1986 land prices in Japan increased by 5000% even though consumer prices only doubled in that time,” and its Nikkei stock index P/E was close to 70 at its peak.

The government chose to support failing banks and extend the economic pain over decades through massive government spending and near-zero interest rate policies rather than take a short-term, deeper contraction.

 They elected the latter, saving their banks and relying on massive government spending to insulate the economy.

This response contributed to a fragile financial system with “zombie” banks, suppressed lending, and a private sector unable to drive robust growth, leading to deflationary pressures and very low economic growth for decades.

Demographics and structural factors have compounded the issue. Japan’s population has been aging and declining, with low birth rates and minimal immigration dampening labor force growth and consumption, making growth harder to achieve. Additionally, long-standing fiscal dominance — where policy focuses on funding government debt and supporting markets — along with weak incentives for productive private investment, have kept economic activity subdued.  

Japan Removes Its Financial Support

Prior to the last few years, Japan experienced decades of economic malaise. The post-WWII economic boom was spectacular, and the echo payback was equally stunning.

A recent uptick in inflation, GDP, and interest rates has allowed Japan to gradually remove the monetary policy crutch that has supported its banks, economy, and financial markets for decades.  This primarily entails the Bank of Japan (BOJ) reducing its balance sheet and letting interest rates gravitate toward normal market levels.  

Some investors watching the sharp increase in interest rates warn that rates are rising because investors are pricing in rising default risks. Others, including us, think this is the normalization process.

The first graph below shows the current benchmark interest rates for Japanese 2-year, 5-year, and 10-year bonds.

The recent increase in interest rates from negative levels is significant. The next graph shows that the inflation rate has recently been much higher than in the pre-pandemic era.

Next, we combine the two graphs to arrive at real (inflation-adjusted) yields. As shown, the 2-year, 5-year, and 10-year real yields are below 1%, albeit well above the -1% real yields that persisted from 2016 to 2022. They are now in line with the pre-financial crisis period.

The takeaway from the three graphs is that Japan has allowed yields to gravitate toward a normal spread relative to the inflation rate. The next graph, courtesy of Bloomberg, provides global context. Inflation expectations are very similar for Japan and the US. However, Japanese yields, despite the recent increase, are about 2% below US Treasury yields.

The charts signal that Japanese interest rates and inflation are moving toward levels more in line with those of other large economies.

Economic Signs Of Normalization

The normalization argument is further supported by a recent spurt in economic activity. The graph below shows Japan’s economy was stagnant for 23 years, ranging from 1997 to 2020. However, economic activity has accelerated in earnest since the second half of 2022.

Furthermore, the Nikkei 225, Japan’s primary stock index, broke to new record highs, finally eclipsing the prior peak seen at the end of 1989.  

Lastly, Japan’s debt, while rising nominally, is falling as a percentage of economic activity. As we share below, its Debt-to-GDP ratio peaked at 2.58x and has since moderated to 2.32x. It is still exceptionally high but trending in the right direction. For context, the US debt-to-GDP ratio stands at 1.21x, which is considered problematic by some economists.

Japan Is In A Pickle

Normalization after years of significant fiscal and monetary stimulus will not be easy.  For example, the public, used to near-zero inflation, is growing uneasy about inflation and unhappy with calls for fiscal austerity. Its policymakers, fiscal and monetary, are being forced to decide between economic growth and inflation.

Policymakers could contain inflation by raising interest rates and implementing fiscal austerity, thereby resulting in yen appreciation. The risk is that they reduce economic growth in the process. Conversely, they could keep rates at current levels and increase fiscal spending, as some politicians want, but risk that inflation keeps increasing.

As if that decision isn’t hard enough, they must also manage interest rates to accommodate the funding of Japan’s excessive outstanding debt. As we noted earlier, Japan has a debt-to-GDP ratio almost twice that of the US. Higher interest rates increase the government’s interest expense. In turn, they must issue more debt to fund existing debt. This is the trap noted by Japan’s bond vigilantes.

However, Japan’s debt situation is not comparable to the US’s. To wit, John Authers of Bloomberg recently reminded us why Japan can maintain higher levels of debt than most other countries. Per his missive, Japan Needn’t Drive An International Crisis:

Another key argument against a crisis is that, despite its huge pile of debt, Japan is stable. It maintains a current account surplus (unlike the US). Also, unlike the US, it has a positive net international investment position, meaning that it holds more foreign assets than foreigners hold assets in Japan:

Further, he argues:

Moreover, fears of an imminent fiscal accident appear overstated. Political constraints may limit aggressive fiscal expansion, the primary deficit has been shrinking, and authorities retain extensive tools to manage yield volatility. Unlike sudden crises driven by foreign capital flight, Japan’s challenge is one of gradual adjustment, not sudden loss of confidence.

Global Liquidity- Yen Carry Trade

As we led the article, we think the most important aspect of Japan’s normalization path is its impact on global liquidity through the yen carry trade. Thus, before discussing tough decisions facing Japan and their potential impacts on the yen carry trade, we share a basic example of how the yen carry trade works.

• A US-based hedge fund borrows ¥15.3 billion yen ($100 million) at 0.75% for one month.

• They convert the yen to $100 million and purchase shares of IBM.

• The return on the trade depends on three components. First, the borrowing cost (0.75%). Second is the change in the yen-dollar exchange rate. Lastly, there is IBM’s price change.

Recently, borrowing costs in Japan have risen but remain well below US rates. Despite higher rates, the yen has depreciated against the dollar, which benefits the carry trade returns and more than offsets the higher interest costs. However, bear in mind that an appreciating yen can easily offset the interest rate differential, making the yen carry trade less favorable. 

If Japan can gradually normalize its interest rate and support its currency with minimal volatility, the yen carry trade can unwind in a market-healthy fashion. But, as we saw in 2024, sudden shocks to the yen can trigger a swift reversal of the carry trade, harming global stock and bond markets.  

Summary

In our opinion, Japan’s rising yields and currency volatility reflect an economic normalization. We do not think Japan is on the verge of fiscal collapse. However, the transition from a monetary- and fiscal-policy-dependent economy to a free-market economy could significantly affect a major source of global market liquidity. Policy decisions that cause sharp, sudden changes in rates and or the yen can have a notable effect on stock and bond markets worldwide.

We witnessed this in August 2024, when the BOJ unexpectedly raised interest rates. As a result, the Nikkei 225 fell by over 12% in one day, and the S&P 500 corrected by 6% over a few days. The BOJ and government seem more aware that their decisions have a significant impact on global markets. We trust they will aim for a smooth normalization process, free of market shocks. But understand that their endeavor to return to a free-market economy entails significant risks for Japanese and global markets

Russian President Vladimir Putin and Chinese President Xi Jinping held a video link call on Wednesday, wherein Putin hailed Russia’s energy relationship with China as “strategic” while emphasizing that Beijing has become Moscow’s top buyer of oil and gas since the Ukraine ‘special military operation’ began.

The timing is the most notable aspect, given the call came just two days after Trump announced he would cut tariffs on Indian goods in exchange for New Delhi halting purchases of Russian crude. Trump also said Washington could lift an additional 25% penalty tariff imposed over India’s energy cooperation with Moscow.

The curious thing is the lack of confirmation of the oil purchase cutoff from the Indian side. As yet, there’s no clear indicator that this key element in the Modi-Trump deal has been ratified. On Wednesday FT reports India hails Donald Trump ‘deal’ but ducks discussing Russian oil ban. The reality remains that there are also technical problems with US crude imports replacing Russian…

“WTI is simply too light to be considered as Urals replacement” for refiners in India following this week’s announcement of a US-India deal on tariffs, June Goh, an analyst at Sparta Commodities said in a note. 

And this is likely why Putin seized the opportunity to tout his energy ties with China. Kremlin aide Yury Ushakov has also reminded the world in a statement to TASS that Russia tops the list in terms of oil and pipe gas supplies to China.

“China continues to hold the first place among our foreign trade partners. Russia is fifth among the countries – trade counterparties of China. The task was set during the talk to take efforts for further development of trade and economic ties, in particular, for example, in the energy sphere. Russia is the top supplier of oil and pipe gas to China,” Ushakov said.

Kremlin estimates say China has purchased more than $230 billion worth of Russian energy since the invasion.

Putin himself in the call acknowledged that bilateral trade saw a “slight decline” last year, including a “correction in indicators,” but insisted Russia remains “among the leaders in energy supplies to China.” He vowed the two will continue to closely coordinate together on a range of issues.

As for the India trade, Reuters reported earlier that Indian refiners have yet to receive instructions to fully stop buying Russian oil and are awaiting a formal government decision. Any official halt would be followed with a transition period, no doubt. Trump’s earlier statements may have been too far out front compared to what Modi actually agreed or said yes to.

Hours after Xi and Putin spoke, President Trump also held a call with the Russian leader Wednesday. They last spoke by ‍phone in late November, at which time a conciliatory Trump praised America’s “extremely strong” relations with China. Xinhua News Agency first revealed the Trump-Xi call, but no further details have been immediately forthcoming. 

Authored by Jill McLaughlin via The Epoch Times,

Federal immigration officers will not make an appearance at the Super Bowl this year, NFL Chief Security Officer Cathy Lanier announced at a news conference on Feb. 2.

“There are no planned ICE [Immigration and Customs Enforcement] or immigration enforcement operations that are scheduled around the Super Bowl or any Super Bowl-related events,” Lanier said during the briefing.

The Seattle Seahawks will face the New England Patriots in Super Bowl LX on Feb. 8 at Levi’s Stadium in Santa Clara, California, about 45 miles south of San Francisco.

The NFL’s announcement differed from an earlier statement made by Homeland Security Secretary Kristi Noem in October 2025, after Super Bowl officials announced that outspoken anti-ICE performer Bad Bunny had been selected as this year’s halftime headliner.

Noem told conservative commentator Benny Johnson on his podcast that ICE officers would be present at the event and “all over that place.”

President Donald Trump has previously criticized the artists selected to headline the Super Bowl halftime show, noting that both Bad Bunny and Green Day have been outspoken critics of him.

“I’m anti-them. I think it’s a terrible choice. All it does is sow hatred. Terrible,” Trump told the New York Post.

NFL commissioner Roger Goodell has voiced support for Bad Bunny, who won the Latin Grammy award for Album of the Year on Feb. 1.

“We’re confident it’s going to be a great show,” Goodell said. “He understands the platform that he’s on, and I think it’s going to be exciting and a united moment.”

Bad Bunny arrives at the 68th annual Grammy Awards in Los Angeles on Feb. 1, 2026. Jordan Strauss/Invision/AP

San Francisco Mayor Daniel Lurie said his priority would be public safety as the city welcomes people from around the world during the Super Bowl.

“Our city teams have been preparing for months,” Lurie posted on Feb. 2 on X.

About 1.3 million visitors are expected to attend the game or related events in the San Francisco Bay Area this weekend, the San Francisco International Airport estimated.

San Francisco police and local law enforcement are focused on protecting the public, including the right to “peaceful expression,” the mayor added.

“We will continue to uphold San Francisco’s longstanding policies that keep local law enforcement focused on keeping our city safe—not on federal immigration enforcement,” Lurie stated.

Even so, the city expects the Super Bowl to attract criminal activity, including human trafficking, according to Lurie.

The San Francisco Police Department and other authorities were conducting targeted operations to prevent exploitation of vulnerable people, he said.