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James Deering's 1916 winter home is located less than 10 minutes away from the heart of Miami.
Robin Hill/Courtesy of Vizcaya Museums and Gardens
Vizcaya, built by James Deering more than a century ago, might be Miami's most valuable real estate.
The 45,000-square-foot mansion has a total of 54 rooms, with the main house open to the public.
Citadel CEO Ken Griffin began assembling a waterfront compound next to the historic mansion in 2022.
The exorbitant price tags on Miami's luxury real estate are not a secret to anyone, least of all the flock of billionaires moving to the city.
But unlike the high-rise apartments in the financial center of Brickell or exclusive mansions in Indian Creek — where you might be neighbors with Jeff Bezos or Ivanka Trump — the city's potentially most valuable piece of real estate is decorated with limestone, mangroves, and tiles salvaged from Cuban estates.
Built between 1914 and 1922 by International Harvester heir and Gilded Age millionaire James Deering as a winter home, Villa Vizcaya sits fewer than 10 minutes from downtown Miami, in a waterfront neighborhood that's quickly becoming a magnet for the city's new billionaire residents.
While built in the years following the Gilded Age, it is notable for its Gilded Age-era extravagance, technologies, and collection of fine art. Vizcaya Museum & Gardens estimates the mansion cost $26 million to build, which is more than $800 million in today's money, per the Bureau of Labor Statistics. Florida International University estimates that the mansion is worth over $1 billion today.
In 1962, Miami-Dade County bought the property for $1 million, and today, the 45,000-square-foot mansion and its surrounding gardens operate as a museum open to the public.
Shortly after announcing that Citadel would move its headquarters from Chicago to Miami, CEO Ken Griffin bought up a waterfront compound less than a half-mile from Vizcaya, in the neighborhood of Coconut Grove. The $106.9 million sale set a country record for the most expensive residential property purchase at the time.
Since then, the hedge fund magnate has proposed relocating the historic Villa Serena mansion, located on his estate, to Vizcaya's campus after he donated $20 million to Vizcaya Museum and Gardens.
Take a look inside James Deering's historic mansion and see how its new neighbor could alter the surrounding landscape.
Vizcaya was James Deering's winter home from 1916 until his death in 1925.
Robin Hill Photography/Courtesy of Vizcaya Museum & Gardens
Struggling with illness toward the end of his life, James Deering came to Miami, then a small city surrounded by mangrove forests and wetlands, looking for tropical warmth, which was believed to help improve health.
By the turn of the century, the Deering family had begun to develop estates around South Florida, with patriarch William Deering purchasing a home in Coconut Grove in 1900.
By the time James Deering began building Vizcaya, his brother, Charles Deering, was also developing a winter home in the south of Miami. The property, known today as Deering Estate, also operates as a museum and is open to the public.
The main house features 54 rooms, including 34 rooms decorated with their original furniture.
Kristine Villarroel/Business Insider
Spanning over 45,225 square feet, Vizcaya's main house features the living spaces of James Deering himself, his guests, and the house staff.
Envisioned by interior designer Paul Chalfin, Vizcaya drew inspiration from the Italian Renaissance, adapted to South Florida's subtropical climate, and showcases furniture, artworks, and artifacts purchased by Chalfin and Deering on their travels to Europe.
Although Miami's population was estimated to be only 10,000 in 1916, the construction of the Vizcaya estate employed an estimated 1,000 workers, many of whom were Black immigrants from the Bahamas.
Apart from the main house, Vizcaya is also home to the Vizcaya Village, the historic quarters of the mansion's workers and farmers that allowed Vizcaya to serve as a self-sufficient farm-to-table estate. The Village expands over 12 acres and includes 11 "architecturally significant" buildings, according to the museum's website.
The tour begins in the courtyard, which is adorned with tropical plants.
Kristine Villarroel/Business Insider
Lined with tropical plants such as palms and philodendrons, the courtyard highlights South Florida's natural beauty while reflecting the mansion's European inspirations.
While today the courtyard is covered by a glass canopy that allows for the estate's air conditioning, it was originally open to the elements, allowing the tropical climate to seep into the main house.
Meant to be used as Vizcaya's main entrance, the East Loggia opens up to the Biscayne Bay.
Kristine Villarroel/Business Insider
Featuring marble floors and columns and decorated ceilings, the East Loggia was meant to serve as Vizcaya's main entrance for guests arriving by sea, which was Deering's intended — and preferred — way of entering the mansion.
It was used as an entrance for guests who arrived by boat, while the current main entrance of the museum was used as a back entrance for guests arriving by car.
The room also features a model boat hanging from its ceiling in honor of the explorers who inspired Deering's interpretation of Vizcaya.
Although he began living in Vizcaya during his retirement, Deering included multiple working spaces in the property.
Kristine Villarroel/Business Insider
James Deering was heir to the International Harvester manufacturing firm, which produced tractors and other agricultural machinery, and he worked as its vice president from 1902 until 1909.
Deering might have been one of the first prominent Florida "snowbirds," retirees who travel South during the colder months.
His downstairs library, located in the northwest corner of the main house, is steps from the entrance hall that welcomes guests. It features Deering's personal book collection, desks for him and a secretary, and seats for business guests.
When closed, the door leading to the next room — a reception room meant for entertaining guests — is concealed within the book-lined walls.
The reception room features a ceiling imported from Venice, which had to be resized to fit.
Kristine Villarroel/Business Insider
The reception room is lined with tropical-inspired silk panels showing palm trees.
Our tour guide brought our attention to the ceiling, which is decorated with sculpted panels that extend to the sides of the room. The ceiling was imported from Venice and purchased before construction on the property was finished. By the time workers were putting up the decorations in the mansion, they realized that the ceiling panel did not fit the room dimensions, leading to the restructuring of the panel, which curved into the walls.
"We should remember that this house was built during the First World War," curator Flaminia Gennari said in the audio tour. "So to import large quantities from Italy in the middle of the war was very complicated."
Vizcaya's telephone line was one of the first in Miami.
Kristine Villarroel/Business Insider
Wired throughout the house, Vizcaya features a highly innovative telephone system for the time. Only 17 years before the start of Vizcaya's construction, the Miami Telephone Company began providing telephone service to the city.
Vizcaya's telephones also featured automatic electric exchange, allowing users to connect directly to the number they dialed without going through a human operator.
The telephone room, located between two of Vizcaya's main entertainment rooms, was meant for guests to communicate privately without disturbing the flow of the entertainment.
The living room showcased Deering's most impressive collections.
Kristine Villarroel/Business Insider
The living room, with its 1600s limestone fireplace, features some of Vizcaya's most impressive items, including an "admiral carpet" originally commissioned in the 1450s by the grandfather of King Ferdinand II of Spain, the Spanish king who sponsored Christopher Columbus' exploration of the Americas.
The room also features throne-like armchairs where US President Ronald Reagan and Pope John Paul II sat in 1987 during the Pope's visit to America.
A centerpiece of the room is the Welte Philharmonic Organ, designed to fill the house with music through elaborate sound systems. Designed for guests rather than full-time professional players, the organ uses perforated paper rolls to aid the musicians' performance by adjusting notes and volume.
Concealing the organ pipes is an oil painting, which was cut in half to cover wooden doors.
"Chalfin had the idea of cutting it in half and using it as the doors of the organs, which is not a very respectful thing to do for a representation of the Virgin Mary, the child, and the saints, but it somehow testifies to the freedom and positive carelessness that they had around old objects," Gennari said in the audio tour.
The mansion's formal dining room features the house's oldest artifacts, although it was rarely used.
Robin Hill Photography/Courtesy of Vizcaya Museum & Gardens
While Deering himself didn't often eat in the formal dining room, he made sure it was impressively decorated for his guests.
Sitting to the side is the room's most awe-inspiring feature: a marble tabletop on carved bases resembling mythical creatures, historical artifacts unearthed near Pompeii, dating back to the times before Mount Vesuvius' eruption.
Next to the dining room, on the south side of the mansion, the enclosed loggia gave guests a view of the gardens.
Kristine Villarroel/Business Insider
The colorful glass panels, designed for Vizcaya, feature the estate's main symbols: the seahorse and the caravan.
Providing a view of the garden through the glass panels and double doors, the enclosed loggia allowed guests to take in the garden views while staying cool from the Florida sun.
The loggia also connects the gardens to the main house through sculpted iron gates.
Kristine Villarroel/Business Insider
Aside from giving guests an inside view of the gardens from the ground level, the room also connects the outdoors to the rest of the mansion.
Downstairs, the kitchen worked as a serving space for staff to plate food and bring it to guests.
Kristine Villarroel/Business Insider
When designing Vizcaya, Deering asked for the main kitchen to be built upstairs as he didn't want the smell of food to flood the main entertaining rooms on the first floor. To facilitate the transportation of meals and the serving of guests to the dining room, the entertaining rooms, and the loggia, he built a downstairs serving pantry.
Today, the serving pantry cabinets display one set of Deering's fine dining china, the one designated for his 80-foot-long luxury yacht, Nepenthe. Commissioned in 1912 to be shipped from Europe, the original set of china purchased by Deering was transported to America as cargo aboard the Titanic. After the ship sank, a replacement set was ordered and is now displayed.
The kitchens feature state-of-the-art Gilded Age technology.
Kristine Villarroel/Business Insider
Throughout the house, Deering incorporated cutting-edge technology, including annunciators with bells connected throughout the house that Deering or guests could ring at any time to get the house staff's attention.
Another then-advanced feature of the serving kitchen were its refrigerators, which were rare at the time. The kitchen also featured a warming oven that helped keep food warm while guests were served.
Connecting to the upstairs kitchen, which serves as the house's main cooking area, was a dumbwaiter: a food elevator meant to carry the food cooked upstairs to the downstairs plating area, where staff would then take it to the main entertaining rooms, like the dining and sitting rooms.
Upstairs, 24 rooms housed guests, staff, and Deering himself.
Kristine Villarroel/Business Insider
Nine of the bedrooms were dedicated to guests and each was given a name and decorated uniquely, showcasing the artifacts and furniture purchased by Deering and Chalfin on trips to Europe.
While not open to the public, an additional 14 rooms housed staff.
Another then-advanced technological feature of Vizcaya was its elevator.
Kristine Villarroel/Business Insider
Deering was motivated to move to South Florida because of his illness, so accessibility features were built throughout the house, including an elevator he would use when using a wheelchair or to avoid walking upstairs.
Today, the elevator isn't open to the public, and the museum's second floor is not wheelchair accessible.
Deering's main office was inspired by the Napoleonic era.
Kristine Villarroel/Business Insider
Connected to Deering's bedroom and bathroom, the sitting room was his office where he would tend to business and personal matters, such as sorting his mail.
The decoration style was inspired by Napoleonic France.
Deering's bedroom was modest compared to some of his guest bedrooms.
Robin Hill/Courtesy of Vizcaya Museum and Gardens
Unmarried all his life, Deering's room features a single bed rather than a larger size, and his room is furnished for practicality rather than aesthetics.
His personal bathroom has one of the most breathtaking views of the property.
Kristine Villarroel/Business Insider
Opening onto a balcony, Deering's bathroom overlooks Biscayne Bay and offers one of the best views of the house, although it is not accessible to the public today.
The closed-off balcony also leads to a secret door to the Espagnolette, the guest bedroom located next to his, usually reserved for Deering's dearest guests.
Spiral staircases lead to the South tower.
Kristine Villarroel/Business Insider
A set of spiral staircases leads up to the South tower, one of the two guest suites overlooking the estate.
The tower bedroom has views of the bay and the gardens.
Kristine Villarroel/Business Insider
The corner room atop the North tower was designed to transport guests to Europe.
"Water reflects upwards to the ceiling and the sound of waves is audible in this room, precisely as upon the quay of this great canal of Venice," noted Chalfin about the room, according to the mansion's website.
A central piece in the room is a large wardrobe assembled with 1700s Venetian panels, as well as antique painted closet doors.
The breakfast room was Deering's preferred dining space.
Robin Hill Photography/Courtesy of Vizcaya Museum & Gardens
Back on the second floor, the breakfast room was the central entertaining spot.
The room is lined with oil paintings depicting ocean scenes, and the windows slide into pocket doors, revealing views of the garden.
It also features a sound system, with a piano hidden in a room off the spiral staircase next door and connected to the breakfast room through floor vents that allow sound to travel into the space.
Most of the time, Deering opted to dine in this room rather than the formal dining space.
Tucked next to the breakfast room is the main kitchen.
Kristine Villarroel/Business Insider
Designed to maximize staff efficiency, the main kitchen upstairs has different areas for different tasks, including separate sinks for washing dishes and produce. It also features ice boxes, or refrigerators of the time, powered by salt water.
During Deering's time at the estate, Vizcaya employed two French chefs dedicated to food and pastries.
Food served at the mansion was sourced from the staff village built across the street, where a farm provided vegetables, dairy, chicken, herbs, and citrus.
"You and I could come down and drive into the farm area, stop and buy a dozen Deering eggs and take them home and have them for breakfast, and I think that was probably particularly important during World War I," historian Arva Moore Parks said in the audio tour. "He was able to supply not only himself but his workers also."
Inspired by European designs, the gardens feature mazes, terraces, fountains, and more.
Kristine Villarroel/Business Insider
Inspired by 17th- and 18th-century Italian and French villas, the Vizcaya gardens feature a variety of scenes, from a garden theater to multiple paths and mazes, intended to highlight and enhance the native South Florida flora surrounding the estate.
The original layout of Vizcaya featured over 180 acres of subtropical forests. Today, that number has gone down to 50 acres.
In 1987, President Ronald Reagan hosted Pope John Paul II at the estate.
Diana Walker/Getty Images
On September 10, 1987, President Ronald Reagan welcomed Pope John Paul II at Vizcaya, where the two conversed while exploring the gardens and the estate.
Atop a garden mount is the Casino, a focal point of the gardens.
Robin Hill/Courtesy of Vizcaya Museums and Gardens
Located at the top of garden mounds designed to block the reflection of water ponds into the main house, the garden casino — Italian for "little house" — was a space where Deering and his guests could take in the garden views or enjoy the subtropical weather without being in direct contact with the sun.
Inside the building, a painted ceiling depicts heavenly images. Underneath, bathrooms and other now closed-off areas hide under decorated ceilings.
Originally, the casino overlooked a water park part of the estate, where gondolas would be launched, a crucial part of Deering's vision for Vizcaya. Today, the water park no longer exists, and the land is instead taken up by a Catholic church, hospital, and schools after the Deering family sold part of the property to the Catholic Diocese of St. Augustine in 1946.
The opposite side of the estate was once used for clandestine entertainment; now, it is a café.
Kristine Villarroel/Business Insider
While today a café sits underneath the mansion, the space served as a leisure center during Deering's stay. The rooms were filled with billiard tables, bowling alleys, and leather chairs. Hidden underneath the billiards table was also a roulette table, which Deering often used when his college friends visited the estate.
The mansion, which opened at the peak of the Prohibition era, also had a decent supply of liquor, which Deering smuggled into the estate and hid in secret bars and cellars.
The swimming pool is half-covered, providing relief from South Florida's relentless sun.
Robin Hill/Courtesy of Vizcaya Museum and Gardens
Tucked next to the leisure rooms underneath the main house is the half-indoor swimming pool, in which Deering is said to have only swum once.
Designed as the main entry point to the mansion, the east side of the mansion opens up to a stone barge in the Biscayne Bay.
Kristine Villarroel/Business Insider
When he first moved into his winter home in December 1916, Deering arrived by sea on what he intended was the front entrance to Vizcaya.
Opening up to the Biscayne Bay, the waterfront side of the property features a stone barge, a sculpted structure that acts as a breakwater and protects the main house from changing tides and waves.
Today, the mansion hosts private events and has become a local staple for Quinceañera pictures.
The mansion is often used for private events.
Kristine Villarroel/Business Insider
Purchased from the Deering family by Miami-Dade County for $1 million in 1962, Vizcaya today operates as a museum open to the public and for private reservations.
The estate often serves as the backdrop for Quinceañera pictures among Miami's large Hispanic population. Walking around the gardens, I saw multiple young women dressed in extravagant gowns posing in the many stunning locations of the estate.
Along with being a photographic hot spot, Vizcaya also hosts private events, from Miami Swim Week runway shows to floral-decorated weddings in the gardens.
Today, the estate remains an icon of Miami, a city that many would often relate to modern luxury rather than the old and classic wealth on display in Gilded Age-style mansions like Vizcaya.
The Vizcaya Village could be the future home of Ken Griffin's Villa Serena.
Robin Hil Photography/Courtesy of Vizcaya Museum and Gardens
After purchasing the historic Villa Serena estate in Coconut Grove in 2022, Citadel CEO Ken Griffin proposed relocating the 1913 Mediterranean Revival mansion to Vizcaya's Village campus.
The home, designed by architect August Geiger for William Jennings Bryan, a three-time Democratic presidential candidate and former US secretary of state, is considered one of Miami's earliest grand waterfront residences.
The proposal would move the century-old home from Griffin's property to Vizcaya's Village grounds, where it would be open to the public for the first time in its history and would benefit from an additional $5 million endowment provided by Griffin for its preservation.
Any relocation would require extensive planning and government approvals, which have not yet been cleared.
Skeptics have said that moving the structure would be an ambitious undertaking that wouldn't align with preservation goals.
"Moving a historic structure is absolutely a last resort solution, to be done only if (there) is no other way possible to save a structure… It is not a preservation-minded alternative just because someone bought it and now doesn't want it," Kathleen Slesnick Kauffman, Miami's former historic preservation officer, told the Chicago Tribune in 2023.
The Village originally served as Vizcaya's self-sufficient farm and the servants' quarters.
Robin Hil Photography/Courtesy of Vizcaya Museum and Gardens
The Vizcaya Village, which covers about 12 acres of agricultural fields and includes nearly a dozen buildings, was originally built as the quarters for the mansion's servants and farmers.
Today, the campus houses a café and hosts a weekly farmers market, and is undergoing construction and expansions to transform the grounds into a cultural and community space.
The Citadel CEO's $20 million donation will expand the village's role in the community.
Robin Hil Photography/Courtesy of Vizcaya Museum and Gardens
In November 2025, Vizcaya Museum and Gardens announced a $20 million capital donation from Griffin and said that the funds would be used toward building a brand new Center for Learning and Discovery in the village grounds.
Once open, the center will offer educational programming like "hands-on artmaking and urban-agriculture experiences," the museum organization wrote in the announcement.
The expansion will seek to expand Vizcaya's role in its community.
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Iran said on Monday that the United States’s position on Iran’s nuclear programme “has moved towards a more realistic one”, a day ahead of a second round of US-Iranian talks in Geneva.
Tehran’s foreign minister arrived in Geneva for the new round of indirect negotiations with the US, as the Revolutionary Guards began military drills in the Strait of Hormuz, a vital shipping lane for oil and gas.
The two sides recently resumed indirect talks, mediated by Oman, after US President Donald Trump repeatedly threatened military action against Iran over a deadly crackdown on protesters last month.
A previous attempt at negotiations collapsed when Israel launched surprise strikes on Iran, beginning a 12-day war that Washington briefly joined to bomb Iranian nuclear sites.
“A cautious assessment is that, from the discussions that have taken place in Muscat to date, at least what we have been told is that the US position on the Iranian nuclear issue has moved towards a more realistic one,” said foreign ministry spokesman Esmaeil Baqaei, the official IRNA news agency reported.
According to Tehran, talks mediated by Oman will be held on Tuesday in Switzerland.
Washington has previously pushed for other topics to be discussed, including Iran’s ballistic missiles and support for armed groups in the region.
The war games being conducted by the Guards, the ideological arm of the military, aim to prepare it for “potential security and military threats” in the Strait, Iranian state TV said.
Iranian politicians have repeatedly threatened to block the strait, a strategic waterway through which about 20 per cent of global oil passes, as both sides ramp up pressure with talks set to resume.
US Secretary of State Marco Rubio told reporters on Monday, “We’re hopeful there’s a deal”.
“The president always prefers peaceful outcomes and negotiated outcomes to things.”
Meanwhile, Iran’s top diplomat, Abbas Araghchi, wrote on X that he was meeting in Geneva with the head of the International Atomic Energy Agency, Rafael Grossi, “for deep technical discussion”.
Grossi later confirmed the meeting on X, calling the conversation with Araghchi “in-depth” ahead of Tuesday’s “important negotiations”.
Protest crackdown
Araghchi is also set to hold talks with his Swiss and Omani counterparts as well as other international officials, Iran’s foreign ministry said.
“I am in Geneva with real ideas to achieve a fair and equitable deal. What is not on the table: submission before threats,” Araghchi added on X.
Washington has dispatched Middle East envoy Steve Witkoff and President Donald Trump’s son-in-law Jared Kushner, the White House confirmed on Sunday.
The latest talks follow repeated threats from Trump of military action against Tehran, first over Iran’s deadly crackdown on anti-government protests, and then more recently over the country’s nuclear programme.
The West fears the programme is aimed at making a bomb, which Tehran denies.
On Friday, Trump said a change of government in Iran would be the “best thing that could happen”, as he sent a second aircraft carrier to the Middle East to ratchet up military pressure.
His remarks came before demonstrations outside Iran against its authorities swept a number of cities, including in the US, over the weekend.
‘Viable’ deal
Iran’s deputy foreign minister told the BBC that Tehran would consider compromises on its uranium stockpile if Washington lifts sanctions that have crippled the country’s economy.
“If we see the sincerity on their (American) part, I am sure we will be on a road to have an agreement,” said Majid Takht-Ravanchi.
Israeli Prime Minister Benjamin Netanyahu said on Sunday that any deal must involve the removal of all enriched uranium from Iran as well as Tehran’s ability to enrich more.
The whereabouts of Iran’s stockpile of around 400 kilogrammes of uranium enriched to 60 per cent remains unknown, with inspectors having last seen it in June.
Futures, Global Markets Rise With US Markets Closed For President's Day
Stocks gained, bitcoin tumbled and bonds steadied after Friday's cool CPI data reinforced expectations that the Fed will cut interest rates on multiple occasions this year. With US markets closed for the Presidents’ Day holiday and mainland China’s markets closed for Lunar New Year holidays, trading was muted on Monday. As of 9:00am ET, futures on the S&P 500 added 0.4% and Europe’s Stoxx 600 index rose 0.4% as banking shares rebounded from a sharp decline last week. German bunds and Treasury futures were steady after US yields touched the lowest since December on Friday.
The path of US interest rates remains in focus following Friday’s slower-than-expected US inflation print as traders fully price a Fed cut in July and the strong chance of a move in June.
“The backdrop for equities is positive post CPI,” said Andrea Gabellone, head of global equities at KBC Securities. At the same time, there could be “more dispersion ahead as sentiment around key AI-exposed sectors is still very critical,” he added.
That sentiment was echoed by other strategists seeking to distinguish between AI losers and winners.
A JPMorgan Chase & Co. team led by Mislav Matejka urged caution on stocks at risk of AI-driven “cannibalization,” including software, business services and media companies. Meanwhile, banks are developing baskets to capitalize on the divergence: as we first reported last Thursday, Goldman launched a new basket of software stocks that goes long firms that will benefit from AI adoption, while shorting the companies whose workflows could be replaced.
With AI disruption rippling through markets, a lot will come down to earnings resilience, in particular in the US.
“When you look at the current earnings season, the companies are showing 13% of growth,” Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan, told Bloomberg TV. “Overall, this is the reason why we continue to be positive on the S&P.”
Later this week, traders will be watching for ADP private payrolls numbers on Tuesday and the minutes from the Fed’s January meeting on Wednesday for a fresh read on the economy.
European stocks gained with bank shares rebounding, after posting their biggest weekly decline since April on worries about disruption from artificial intelligence. The basic resources sector lags, with Norsk Hydro among Europe’s worst performers as both Goldman Sachs and RBC downgrade the stock. Stoxx 600 rises 0.4% to 620.26 with 253 members down, 336 up, and 11 unchanged. Here are some of the biggest movers on Monday:
NatWest shares rise as much as 4%, the most since October, as Citi analyst Andrew Coombs raises his price target on the UK bank to a Street-high.
Seraphim Space shares rise as much as 9.2%, briefly hitting a new all-time high, after the space tech investment firm said the valuations of its four largest holdings increased over the final months of 2025.
AECI shares rally as much as 6.1%, the most since July, after the South African commercial-explosives maker shared improved 2025 headline earnings per share guidance.
Orsted shares rise as much as 3.8% after analysts at Kepler raise the recommendation to buy from hold over the Danish renewable energy firm’s outlook, despite ongoing uncertainty for the industry in the US.
Norsk Hydro shares fall as much as 4.4%, extending Friday’s 5.9% earnings-triggered drop, after being downgraded at Goldman Sachs and RBC over disappointments and pricing pressures in the Norwegian aluminum company’s downstream business.
Galderma shares slip as much as 2.2% after naming Luigi La Corte as its new chief financial officer following the news back in July that Thomas Dittrich was departing.
Pinewood Technologies shares tumble as much as 32%, the most since April 2024, after Apax Partners said on Friday it will not proceed with a possible cash offer for the car dealership software provider.
FlatexDEGIRO shares drop as much as 7.2% after BNP Paribas downgraded the online brokerage firm to neutral from outperform, saying the price reflects too much optimism about its market position in Germany.
Maurel & Prom shares slump as much as 12%, pulling back after ending last week at a 2015-high, after announcing it is not currently authorized to resume oil and gas operations in Venezuela.
Barratt Redrow shares fall as much as 3.7%, leading a drop in British homebuilders after Rightmove said house prices are stalling.
Asian stocks slipped for a second day, led by declines in Japan as traders booked profits after last week’s post-election rally. Several markets were closed or held shortened trading sessions for the Lunar New Year holiday. The MSCI Asia Pacific Index was down 0.1%. Japan’s Topix Index fell 0.8%, with Mizuho Financial Group Inc. and Toyota Motor Corp. among the companies contributing to the index’s losses.In Hong Kong, AI model developer Minimax Group Inc. surged as much as 30% to more than four times its original listing price, while competitor Knowledge Atlas JSC Ltd. ended 4.7% higher. The market will be closed until Thursday. As investors across the region begin to reevaluate their bets on its artificial-intelligence-driven rally, traders in Japan cashed in gains driven by expectations of Prime Minister Sanae Takaichi’s proactive spending policies last week.Trading in Singapore ended early Monday and will be shut until Wednesday. Equity markets in mainland China, South Korea, Indonesia and Vietnam were closed.
In FX, the yen is the notable mover in currencies, weakening 0.5% against the dollar and pushing USD/JPY back above 153. The offshore yuan is one of the better performers against the greenback. The Bloomberg Dollar Spot Index rises 0.1%.
There is no cash trading in Treasuries due to the Presidents’ Day holiday. European government bonds are little changed
In commdities, gold dipped below $5,000 an ounce, as traders booked profits from a gain in the previous session. Bitcoin tried anf ailed to stage a modest rebound; it last traded around $68,275 after posting its fourth consecutive weekly loss, with the cryptocurrency struggling to find clear direction as a weekend rally fizzled once the momentum ignition algos emerged. WTI crude futures tread water near $62.90 a barrel.
Top Headlines
President Trump said there will be voter ID rules in the mid-term elections this year, whether Congress approves it or not, and they will present a legal argument in an Executive Order. Furthermore, Trump said he has searched the depths of legal arguments not yet articulated nor vetted on this subject, and they will be presenting an irrefutable one in the very near future.
Iran says potential energy, mining and aircraft deals on table in talks with US: RTRS
Pentagon threatened to cut its ties with Anthropic over the company’s insistence that some limitations are kept on how the military uses its AI models: RTRS
UK eyes rapid ban on social media for under 16s, curbs to AI chatbots: RTRS
Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis: BBG
Warner Bros. Weighs Reopening Sale Negotiations With Paramount: BBG
Companies Are Replacing CEOs in Record Numbers—and They’re Getting Younger: WSJ
Europe aims to rely less on US defence after Trump's Greenland push: RTRS
DOJ Tells Lawmakers Epstein File Redactions Complied With LawL BBG
For College Applicants, Pressure to Make Summers Count Has Gotten Even Worse: WSJ
Fed's Goolsbee (2027 voter) said on Friday that they are still seeing pretty high services inflation, and he hopes they have seen the peak impact of tariffs, while he added that the job market has been steady, with only modest cooling.
The Break Is Over. Companies Are Jacking Up Prices Again: WSJ
Trade/Tariffs
USTR Greer said the US and Ecuador expect to sign a trade agreement in the coming weeks.
China will waive import value-added taxes on selected seeds, genetic resources, and police dogs through to 2030 to increase agricultural competitiveness and breeding capacity. It was also reported that China will grant zero-tariff access to 53 African nations from May 1st, according to Bloomberg.
Chinese Foreign Minister Wang Yi told his French and German counterparts that China and the EU are partners, not rivals, while he added that China and the EU should manage differences, deepen practical cooperation and work together on global challenges.
A more detailed look at global markets courtesy of Newsquawk
APAC stocks began the week in the green but with gains limited following a lack of major fresh catalysts from over the weekend and amid thinned conditions owing to holiday closures in the region and North America. ASX 200 traded marginally higher with upside led by tech, although gains are capped by underperformance in the utilities, mining, materials and resources sectors, while participants also digested a slew of earnings releases. Nikkei 225 traded indecisively with the index constrained by disappointing Japanese preliminary Q4 GDP data, which showed the economy returned to growth but failed to meet expectations with GDP Q/Q at 0.1% (exp. 0.4%), and annualised GDP at 0.2% (exp. 1.6%). Hang Seng finished higher in a shortened trading session on Chinese New Year's Eve but with upside limited by tech weakness amid some confusion after the Pentagon added several companies including Baidu, Cosco, BYD, Huawei, Nio, SMIC, Tencent, and more to a list of Chinese firms aiding the military on Friday, but then withdrew the updated list shortly after it was posted. Furthermore, price action was also restricted by the closure of mainland markets and the absence of stock connect flows, which will remain shut for more than a week. US equity futures kept afloat in quiet trade amid the absence of drivers and participants. European equity futures indicate a mildly positive cash market open with Euro Stoxx 50 futures up 0.1% after the cash market closed with losses of 0.4% on Friday.
Asian Headlines
Chinese President Xi called for the anchoring of economic growth around domestic demand as its main driver, in a speech during a key policy meeting late last year that was released on Sunday.
China is to establish a permanent financial support framework to promote rural revitalisation and prevent a slide back into poverty, which represents a shift from transitional aid to long-term support.
China’s market regulator summoned major online platform companies on Friday, including Alibaba, Douyin and Meituan, while it directed them to comply with laws and regulations, and rein in promotional practices, according to Bloomberg.
US Secretary of State Rubio and Japanese Foreign Minister Motegi reaffirmed their commitment to deepen bilateral ties.
Disney (DIS) sent a ‘cease and desist’ letter to ByteDance over Seedance 2.0 and alleged that ByteDance has been infringing on its IP to train and develop an AI video generation model without compensation, according to Axios. It was later reported that ByteDance said it would curb its AI video app following Disney's legal threats, according to the BBC.
RBI tightened rules for loans provided to brokers and proprietary firms in an effort to reduce market speculation
FX
DXY eked slight gains in rangebound trade after a lack of major catalysts and with US participants away on Monday.
EUR/USD was little changed amid the absence of any major macro catalysts and with light newsflow from the bloc, while comments from ECB President Lagarde and news that the ECB is to make its repo backstop available to other central banks across the world, did little to spur price action.
GBP/USD held on to most of Friday's spoils but with price action contained by resistance around 1.3650 and following comments from BoE's Mann that the UK economy is sluggish and tepid, with consumers spending less due to being scarred by high inflation.
USD/JPY edged higher and returned to above the 153.00 level in the aftermath of the weaker-than-expected preliminary Q4 GDP data for Japan.
Antipodeans were mixed with little fresh macro drivers and a lack of tier-1 data from either side of the Tasman.
Fixed Income
10yr UST futures traded little changed and held on to last week's spoils after returning above the 113.00 level in the aftermath of the softer US inflation data, while price action was contained to start the week by the closure of US cash markets for Washington's Birthday.
Bund futures lacked demand in the absence of any major catalysts and with light newsflow from the bloc.
10yr JGB futures were marginally higher following disappointing preliminary GDP data for Q4, but with gains limited after failing to sustain a brief reclaim of the 132.00 level.
Commodities
Crude futures were rangebound amid light energy-specific newsflow from over the weekend and after last Friday's indecisive performance, where attention was on a source report that noted OPEC+ is leaning towards resuming oil output hikes from April, but with no decision made.
Slovak PM Fico said he has information that the Druzhba pipeline has been fixed after damage in Ukraine, although he believes that supplies to Hungary and Slovakia have become a part of political blackmail.
Spot gold took a breather after edging higher in the aftermath of the recent softer-than-expected US inflation data, with price action also contained by the holiday closures across Asia and North America.
Copper futures were subdued, with their largest buyer away for more than a week due to the Chinese New Year/Spring Festival holiday.
Texas venture-backed startup Hertha Metal vowed mass production of steel with 25% cost savings, which could reduce US reliance on imports.
Geopolitics: Middle East
US military is preparing for potential operations against Iran that could last for weeks if US President Trump orders an attack and the US fully expects Iran to retaliate, according to sources cited by Reuters.
US President Trump told Israeli PM Netanyahu during a meeting in December that he would support Israel striking Iran’s ballistic missile program if the US and Iran are not able to reach a deal, according to CBS.
Iran confirmed that indirect talks between the US and Iran will resume in Geneva on Tuesday under the mediation of Oman, while Iranian Foreign Minister Araghchi left for Geneva on Sunday.
Iranian diplomat said Iran is open to nuclear deal compromises if the US discusses lifting sanctions, while it was also reported that Iran said potential energy, mining and aircraft deals are on the table in talks with the US.
Israel’s cabinet approved the proposal to register West Bank lands as ‘state property’, while Palestinians condemned the ‘de facto annexation’ which Peace Now said likely amounts to a ‘mega land grab’.
Geopolitics: Ukraine
US President Trump said on Friday that Ukrainian President Zelensky is going to have to get moving and that Russia wants to get a deal.
US Secretary of State Rubio said they don’t know if Russia is serious about finding an end to the war in Ukraine and will continue to test it, while it was reported that he met with Ukrainian President Zelensky on security and deepening defence and economic partnerships.
Ukrainian drones targeted Russia’s Taman seaport and fuel tanks in the Black Sea region.
UK and European allies were reported on Friday to be weighing seizing Russian shadow fleet ships and tightening curbs on Russia's economy.
French Foreign Minister Barrot said some G7 nations have expressed a willingness to proceed with a maritime services ban on Russian oil, which they hope to include in the 20th sanctions package that they are actively preparing.
Geopolitics: Other
European Commission President von der Leyen said that they face the very distinct threat of outside forces trying to weaken their union, while she added that mutual defence is not an optional task for the European Union; it is an obligation within their own treaty, and it is their collective commitment to stand by each other in case of aggression.
Pentagon said the US military struck an alleged drug cartel boat in the Caribbean, which killed three people.
DB's Jim Reid concludes the overnigt wrap
I hope you all had a good weekend. To stay in Winter Olympics mood the family watched "Cool Runnings" last night. I haven't seen it for 32 years. Please don't tell anyone but I had a few tears in my eyes at the end. I blamed it on the hay fever that has now started.
There will be a lot of tears out there in markets for other reasons at the moment. Just two weeks ago, the idea of AI-driven disruption still felt like an abstract, almost academic thought experiment—something we could safely revisit once we had clearer evidence of how AI would be deployed and integrated across the economy. Fast forward 14 days, and markets have wiped out well over a trillion dollars of global equity value on the fear that AI could fundamentally reshape business models and compress profitability across a wide range of industries, including software, legal services, IT consulting, wealth management, logistics, insurance, real estate brokerage and commercial real estate.
Some of the sell off in “old economy” sectors feels overdone to me. But as I argued in our 2026 World Outlook back in November, the real challenge is that even by the end of this year we still won’t have enough evidence to identify the structural winners and losers with confidence. That leaves plenty of room for investors’ imaginations—both optimistic and pessimistic—to run wild. As such big sentiment swings will continue to be the order of the day.
My instinct is that the reaction in things like commercial real estate, for example, has been particularly exaggerated. Markets seem to be extrapolating a scenario in which vast numbers of white collar workers are made redundant almost overnight, leading to a dramatic collapse in office demand. If that view turns out to be correct, we’ll be facing societal challenges far larger than anything currently being priced into equities. While trying to catch a falling knife may be too risky for many, beginning to cushion the descent could be sensible in many old economy sectors. Markets can’t sustain a disruption narrative across multiple sectors for months or quarters without concrete evidence — and that evidence is likely to take much longer to emerge. Fascinating times.
As for this week, today is a US holiday but inflation will remain in the spotlight at a global level after Friday's slightly softer US CPI which helped contribute to a decent rates rally to end the week. Prints are due in the US (PCE - Friday), the UK (Wednesday), Canada (Tuesday) and Japan (Friday). Other economic highlights will include the FOMC minutes (Wednesday), Q4 GDP in the US (Friday), as well as the global flash PMIs (Friday). Earnings reports will feature Walmart (Thursday), Nestlé (Thursday) and BHP (today). It's the earnings calm before next week's Nvidia storm.
In the US, this holiday shortened week (President's Day today) features a data calendar dominated by releases that were pushed back by last year’s government shutdown. The most consequential updates will land on Friday, when the advance estimate of Q4 GDP arrives alongside December’s personal income and consumption figures—key inputs for shaping expectations for the early part of this year.
For markets assessing the underlying pulse of demand heading into 2026, private final sales to domestic purchasers (PFDP) will carry more weight than the headline GDP print. This indicator—closely monitored by Fed Chair Powell—is expected by our economists to slow to 2.0% from 2.9% in Q3, though risks appear tilted upward. One swing factor: Wednesday’s durable goods report, where modest gains outside of transportation could soften the deceleration. On the consumer front, real PCE growth is expected to cool to 2.5% after two quarters of outsized strength but should still signal ample momentum heading into the new year.
Friday’s income and spending report will also offer the latest reading on core PCE, the Fed’s preferred inflation gauge. Our economists expect another 0.4% monthly increase for December, lifting the year over year rate to 2.9%. Updated seasonal factors from last week’s CPI release suggest some mild downward pressure on inflation trends in the second half of 2025. Still, January’s CPI data, although softer than we anticipated, do not translate into equivalent relief for core PCE—in fact, our team currently sees another 0.4% gain for January's release (delayed until March 13th). Depending on the strength of medical services, airfare, and portfolio management components in the upcoming PPI report, a 0.5% monthly rise cannot be ruled out, which would push the year over year rate toward 3.1%. So don't get too excited about the softer CPI last week and the huge rates rally.
Additional releases this week will help clarify whether recent severe winter weather has disrupted factory sector activity. January industrial production, due Wednesday, should benefit from a jump in utility output, while weather effects may weigh on the Empire State Survey tomorrow and the Philadelphia Fed survey on Thursday.
Labor market data will also be in focus, particularly Thursday’s jobless claims, which line up with the survey week for the February employment report. As our economists have pointed out, private nonfarm job gains have averaged 103k over the past three months, slightly above the pace at this point in 2025 and matching the start of 2024. See their latest US employment chartbook here.
This week will also feature a dense lineup of Federal Reserve speakers which you can see alongside all the key global data in the day-by-day week ahead calendar at the end as usual.
Moving away from the US, inflation will also be in focus in Japan (Friday) and Canada (tomorrow). For the former, our Chief Japan Economist sees the January nationwide CPI showing a slowdown in both core CPI inflation ex. fresh food to 2.1% YoY (+2.4% in December) and core-core CPI inflation ex. fresh food and energy to 2.7% (+2.9%). Also important will be the global flash PMIs due on Friday as a health check on global growth. In Europe, the spotlight will be on UK inflation (Wednesday), with labour market data due tomorrow and retail sales on Friday. Our UK economist expects headline CPI inflation to drop to 3.0% YoY (3.4% in December) and core CPI also landing at 3.0% YoY (3.2% YoY). See more in his full preview here. In terms of key rate decisions, the RBNZ are expected to remain on hold on Wednesday.
Finally, the Munich Security Conference wrapped up over the weekend, where key topics included Ukraine, Russia, and the fate of Greenland. And while US Secretary of State Marco Rubio’s speech was nothing like Vice President JD Vance’s at last year’s conference, which triggered a “wake-up” call for European leaders, Rubio reiterated the administration’s view that Europe needed to leave behind its focus on energy policies, trade and mass migration.
Recapping last week now, the tech volatility that has dogged markets since the start of the month broadened into a far more indiscriminate sell-off. The trough came on Thursday, marked by a sharp drop in software stocks, but the weakness extended well beyond tech. Companies across wealth management, real estate and financials suffered double digit declines, underscoring how widespread the pullback has become. Market breadth confirmed this shift as the equal weighted S&P 500 fell -1.37% on Thursday, though it managed to finish the week up +0.29% (+1.04% on Friday). Ultimately, the sell-off left the major US indices on the back foot: the S&P 500 slipped -1.39% (+0.05% on Friday), the Nasdaq lost -2.10% (-0.22% on Friday), and the Magnificent 7 slid -3.24% (-1.11% on Friday).
Although the AI scare dominated sentiment, a heavy slate of US data also shaped the market narrative. Early in the week, softer prints—including flat December retail sales, a dovish Q4 Employment Cost Index, and slower Q4 growth expectations from the Atlanta Fed—pushed Treasury yields lower across the curve. That picture shifted midweek after a stronger than expected January jobs report, which delivered the largest gain in nonfarm payrolls (+130k vs. +65k expected) since December 2024 and reinforced confidence that the US economy carried solid momentum into 2026. Then on Friday, January CPI came in below expectations, adding another dovish note. Although the data offered mixed signals at times, the overall takeaway was sufficiently dovish for traders to increase the number of expected rate cuts by December 2026 to 63.4bps (+7.7bps on the week). This helped drive the largest weekly drop in the 10 year Treasury yield since August 2025, down -15.8bps (-5.0bps on Friday) to 4.05%. The 2 year yield also moved sharply lower, falling -8.9bps to 3.41% (-4.8bps on Friday), its lowest level since 2022.
European markets, meanwhile, delivered a comparatively resilient performance. The STOXX 600 (+0.09%, -0.13% Friday), DAX (+0.78%, +0.25% Friday) and FTSE 100 (+0.74%, +0.42% Friday) all posted modest gains for the week. European sovereign bonds rallied as well, with the 10 year bund yield dropping -8.7bps—its steepest weekly decline since April 2025. That move was outpaced by gilts, which fell -9.8bps (-3.6bps on Friday) despite a sharp early week sell-off triggered by renewed questions surrounding Prime Minister Keir Starmer’s position.
Elsewhere, performance was mixed. Brent crude edged down -0.44% (+0.34% on Friday), while gold extended its upward run, rising +1.56% (+2.43% on Friday).
Will London’s half term week finally give us a quiet week in 2026? You’d probably have to guess at ‘unlikely’.
Tyler Durden
Mon, 02/16/2026 - 09:40
US Secretary of State Marco Rubio is on the final leg of a whirlwind trip to Europe that saw him address the Munich Security Conference, meet Hungarian Prime Minister Viktor Orban for talks, and visit another right-wing ally, Slovak Prime Minister Robert Fico. Despite speaking of an unbreakable link and shared heritage with Europeans, Rubio’s message has hardly changed, as he criticised Europe’s energy policy, striking what Douglas Herbert of FRANCE 24 described as the “same ideological notes” and the “same resonance with many of the MAGA themes.”
The US Secretary of State stated that Washington would not dispute a report by European nations concluding Alexei Navalny was fatally poisoned, though it refrained from directly blaming Russia.
NATO foreign ministers are scheduled to meet in Helsingborg at the end of May, with the US Secretary of State among those invited to a dinner at Sofiero Castle.
US Secretary of State Marco Rubio has sharply criticized Spain and other European NATO allies for their limited support in the war with Iran, calling their alleged lack of assistance 'very disappointing' and suggesting Washington might reassess its relationship with the alliance after the conflict concludes, questioning the benefits of the alliance for the US.
A heated discussion reportedly took place during a G7 meeting on Friday, involving EU foreign policy chief Kaja Kallas and US Secretary of State Marco, though details of the argument are not fully disclosed.
One month into the US-Israel war on Iran, developments continue to unfold, with reports of Iran’s Supreme Leader Ayatollah Ali Khamenei killed in the first wave of strikes. The US Secretary of State suggests the war could conclude in weeks, not months, while a US envoy predicts talks as the conflict enters its second month, and the UAE explains its position amid drone and missile strikes.
The US Secretary of State has thanked Iraqi Kurdistan's Prime Minister for ensuring oil from the region reaches global markets, helping to stabilize supply amidst the Iran war's impact on prices.
US Secretary of State Marco Rubio testified in the criminal trial of former congressman David Rivera, who is accused of lobbying for Venezuela's Maduro regime, marking the first time in over four decades a sitting cabinet member has testified in a criminal case.
The ongoing war in Iran is reportedly threatening the fragile peace between Vance and Rubio in the Republican race to succeed Trump, with the US Secretary of State gaining increased prominence.
A group of conservative donors is reportedly working to launch a presidential campaign for US Secretary of State Marco Rubio in 2028, as Vice President JD Vance's profile has diminished.
An internal directive dated March 16, signed by US Secretary of State Marco Rubio, was sent to all US diplomatic and consular missions worldwide, instructing diplomats to deliver a specific message to allies by Friday.
Former US Secretary of State John Kerry urged countries to pursue energy independence by investing in renewable resources and nuclear energy, highlighting the dangers of fossil fuel reliance exacerbated by the war in Iran.
A Lithuanian article discusses a speech by US Secretary of State Marco Rubio at the Munich Security Conference, raising questions about potential US intentions to dismantle the EU.
US Secretary of State Marco Rubio has spoken by phone with Cypriot Foreign Minister Constantinos Kombos to discuss recent developments in Iran and the wider Middle East region, according to US State…
The US Secretary of State Marco Rubio says that the United States is stepping up its campaign in Iran, widening the scope of airstrikes in the country.
Amid Cuba's severe electricity, food, and medicine shortages exacerbated by a US oil blockade, US Secretary of State Marco Rubio is reportedly engaged in discreet negotiations with a Cuban leader for a 'soft, friendly transition' for the island.
US Secretary of State Marco Rubio stated that US airstrikes on Iran were prompted by Israel's determination to launch an attack and an assessment of the situation.
US Secretary of State Marco Rubio will no longer travel to Israel on Monday, as announced, after the joint American-Israeli attack launched Saturday against Iran and Tehran's response in…
A blockade on oil imports is leaving Cuba with few resources. US Secretary of State Marco Rubio wants Cuba's government on its knees. The situation has become even more tense following a fatal confrontation at sea.
An armed boat attack from Florida has reignited discussions about the potential fall of the Cuban regime, occurring amidst alleged secret negotiations between US Secretary of State Marco Rubio and Raúl Castro's grandson.
Former US Secretary of State Hillary Clinton, testifying before the US House of Representatives in the Jeffrey Epstein files case, stated that she was unaware of billionaire Epstein and his associate Ghislaine…
Cuba says it thwarted armed exiles on a Florida-registered speedboat who were trying to infiltrate from the US
A deadly exchange of fire between two boats off the coast of Cuba, killing four and wounding six, has raised already high tensions between Washington and Havana.
Cuba’s government said a US-registered boat was carrying 10 people, most of whom it claimed “have a known history of criminal and violent activity”. The US secretary of state, Marco Rubio, said the US was gathering its own i...
Former US Secretary of State Hillary Clinton today told members of the US House of Representatives who questioned her in a village near New York that she had no knowledge of the crimes...
US Secretary of State Marco Rubio stated that President Trump is frustrated because he doesn't understand why Ukraine and Russia cannot reach an agreement to end the war, into which he has invested…
The United States and China have achieved a certain degree of stability in their long-strained relationship, US Secretary of State Marco Rubio said Wednesday, ahead of Donald Trump's visit to
Greek Foreign Minister George Gerapetritis is in Washington for a meeting with US Secretary of State Marco Rubio. The talks, scheduled for midday, are expected to focus on deepening relations and affirming Athens' role as a pillar of stability in the Eastern Mediterranean.
US Secretary of State Rubio stated that the current situation in Cuba is unsustainable and that the US would welcome dramatic reforms, urging the country to liberalize its economy.
Serbian Foreign Minister Marko Đurić met with US Secretary of State Marco Rubio in Washington during a working visit, stating that efforts are underway to make 2026 a strong year for bilateral relations.
Following his appearance in Munich, US Secretary of State Marco Rubio is travelling to Budapest, a visit that comes just two months ahead of elections in Hungary that could see longtime leader and Tru
Prime Minister Shehbaz Sharif met US Secretary of State Marco Rubio in Washington, where they discussed cooperation in critical minerals following a Board of Peace summit.
German Chancellor Friedrich Merz expressed his displeasure regarding the standing ovation given to US Secretary of State Marco Rubio at the Munich Security Conference.
PoliticsThe GuardianTimes of India1mo ago2 sources
US Secretary of State Marco Rubio has backed Hungarian Prime Minister Viktor Orban's leadership during a visit to Budapest. Nationalist leader Orban faces a strong opposition challenge ahead of electi
The US Secretary of State is on a two-day trip to Slovakia and Hungary, whose leaders have close ties with Trump. Both countries are being courted to cut their reliance on Russia for energy in favor o
Estonian official Kaja Kallas sharply responded to US Secretary of State Marco Rubio's remarks on free speech, highlighting Estonia's high ranking in press freedom.
US Secretary of State Marco Rubio and UK Foreign Secretary Yvette Cooper have agreed on the necessity of international efforts to address the escalating crisis in the Middle East.
US Secretary of State Rubio praised Portugal for its "close economic and defensive cooperation" with Washington during a phone call with Rangel, where they also discussed "transatlantic security."
As the US Secretary of State and Ukrainian President reportedly clash, Russia has intensified its military pressure in Donbas, with Vladimir Putin signaling no end to fighting and seeking funds from oligarchs to reach the region's borders.
PoliticsAl JazeeraFrance 24haaretz+13Times of Indiaindian-expressstraits-timesDawniefimeridarte-newsnational-uaenews24-sa+5 more13d ago16 sources
Cuba is seeking the Vatican's assistance to ease the US oil embargo, a development occurring as the US-Israel war on Iran continues. One month into the conflict, with Iran’s Supreme Leader Ayatollah Ali Khamenei killed, the US Secretary of State suggests the war could conclude in weeks, not months, presenting hard choices for the US administration.
G7 foreign ministers are meeting near Paris to discuss Iran war strategy, with US Secretary of State Marco Rubio seeking to convince allies. Meanwhile, NATO Secretary General Mark Rutte has angered European leaders by unconditionally supporting Donald Trump's war with Iran.
US Secretary of State Marco Rubio has vehemently denied that American officials encouraged Cubans to overthrow President Miguel Díaz-Canel, labeling a New York Times report on the matter as 'fake news' based on false information.
Former US Secretary of State Antony Blinken disclosed that the US twice prevented Israel from launching preemptive attacks: once on Iran during the Obama administration and again on Hezbollah after October 7.
According to sources in the Ministry of Foreign Affairs, regarding the situation in Iran, Foreign Minister Motegi held phone talks with US Secretary of State Rubio around 8 PM Japan time on the 16th.
US Secretary of State Marco Rubio spoke with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, condemning Iran's ongoing attacks against Saudi Arabia.
US Secretary of State Marco Rubio clarified that the United States attacked Iran to protect its own security interests, not 'for Israel,' seemingly walking back earlier comments.
Cuba has charged six individuals with terrorism following a speedboat shootout, claiming the vessel came from the United States to cause chaos, a claim denied by US Secretary of State Marco Rubio.
A US congressional committee investigating convicted sex offender Jeffrey Epstein released videos on Monday of the depositions of Bill and Hillary Clinton. The former US president and former US secretary of state appeared before the House Oversight Committee last week to testify about their relations with Epstein. Hillary Clinton told the panel that she did not know Epstein, and Bill Clinton said he broke ties with him before the financier's sex crimes came to light.
Iran's Foreign Minister Abbas Araghchi stated on Tuesday that US Secretary of State Marco Rubio's statement a few hours ago shows that this war was "selective" for America,...
An unprecedented oil blockade is pushing Cuba to the brink of collapse, with US Secretary of State Marco Rubio at the center of efforts to pressure the island. A new deadly maritime incident has further escalated tensions.
An unprecedented oil blockade is pushing Cuba to the brink of collapse, with US Secretary of State Marco Rubio at the center of efforts to destabilize the island.
An unprecedented oil blockade is pushing Cuba to the brink of collapse, with US Secretary of State Marco Rubio at the center, aiming to cripple the island, further escalating tensions after a deadly maritime incident.
US Secretary of State Marco Rubio is anticipated to visit Athens later this year as part of the Greece-US Strategic Dialogue, an agreement reached during his recent meeting with George Gerapetritis in Washington.
Serbian President Aleksandar Vučić stated this evening that Serbian Foreign Minister Marko Đurić accidentally met US Secretary of State Marco Rubio in Washington, with whom he had…
The former US secretary of state Hillary Clinton is to testify before a Republican-led House committee investigating her past ties to the late convicted sex offender Jeffrey Epstein.
The Cuban military killed four armed individuals who arrived by speedboat from the United States. US Secretary of State Marco Rubio stated that this was not a US operation and no American government personnel were involved.
US Secretary of State Marco Rubio said Washington was seeking its own facts about the shooting and would 'respond accordingly.' In Washington, US Vice President JD Vance said the White House was 'monitoring' the situation and that 'hopefully it's not as bad as we fear it could be.'
Former US Secretary of State and federal senator Hillary Clinton will appear for a hearing before a Senate committee in Washington today in connection with the scandal involving the late billionaire…
US Secretary of State Marco Rubio told Caribbean leaders on Wednesday that the removal of Venezuela’s Nicolás Maduro has improved regional stability, despite objections over its legality. Speaking at a summit in St Kitts and Nevis, he urged closer cooperation while tensions persist over Cuba, migration and security.
Former US Secretary of State Mike Pompeo arrived in Kyiv and met with Ukrainian Parliament Speaker Ruslan Stefanchuk to discuss continued Ukraine-US cooperation, including strengthening defense support and maintaining sanctions pressure.
Japan's National Security Advisor Ichikawa met with US Secretary of State Rubio in Washington to coordinate closely on Prime Minister Takachi's upcoming visit to the US in March, aiming to reaffirm the strong Japan-US alliance.
PoliticsBBCThe GuardianAl Jazeera+6Fox NewsThe IndependentTimes of IndiaDawnANSADaily Sabah1mo ago9 sources
President Donald Trump is committed to the success of Hungarian Prime Minister Viktor Orban because his leadership is crucial for US national interests, US Secretary of State Marco Rubio said on Monday, offering a strong US endorsement for the long-time nationalist leader who is facing an election in April.
After JD Vance’s frontal attack in Munich last year, the US secretary of state’s tone seemed almost soothing. That’s just a new Maga trap
The good news from the Munich Security Conference is that ther
US Secretary of State Marco Rubio has begun a two-day visit to Slovakia and Hungary, aiming to strengthen relations with the pro-Trump leaders in these Eastern European nations.