Zoran Milanović, the incumbent president of Croatia, won the second-round presidential election by a landslide. With 98% of the ballots counted, he was three times ahead of his opponent Dragan Primorac in the second round of the presidential election.
The USA has added the Zaporizhzhia nuclear power plant to its list of sanctions against Russia. Thus, the Zaporizhzhia nuclear power plant was recognized as a Russian nuclear power plant.
Greenland's Prime Minister Mute Egede stated on Monday that his country would like to work more closely with the US in the areas of defense and resource extraction. Egede emphasized that Greenland would maintain its autonomy in all agreements, but is open to a dialogue with US President-elect Donald Trump. Trump had recently shown increased interest in Greenland, including a possible acquisition of the territory. Denmark's Foreign Minister Lars Løkke Rasmussen also expressed a willingness to continue talks with the new US administration on security issues in the Arctic.
Starbucks announced that it will implement a new policy in its North American stores starting January 27. In the future, customers will have to purchase a product in order to stay in the cafes or use the facilities. This is a step back from the rule introduced in 2018 that allowed free access. Part of the changes is a code of conduct that prohibits harassment, smoking and alcoholic beverages brought in from outside. Starbucks hopes this will improve the customer experience and increase sales, as the company is facing declining sales and criticism.
The Spanish government plans to introduce a tax of up to 100% on the value of properties purchased by non-EU citizens, including buyers from the UK. Prime Minister Pedro Sánchez said the measure was necessary to tackle the country's housing shortage and ensure access to affordable housing for residents. He criticized foreign investors who use real estate as speculative objects, which exacerbates the crisis. Other planned measures include tax breaks for landlords of affordable housing and stricter regulations for holiday rentals.
Inflation update: US consumer prices rise by 2.9%. US goods and services became 2.9% more expensive in December compared to the same month a year earlier. The special/problem: price pressure is thus stronger than the US Federal Reserve (Fed) had forecast when it initiated the interest rate turnaround. (FT)
DAX: Reached new all-time high yesterday afternoon (DAY)
Barclays: Reports access to 16% of Commerzbank shares (HB)
Tens of thousands of jobs at risk? Trump's tariff plans threaten German jobs (DAY)
Wind industry: More wind turbines approved than ever before (MM)
RBB: Public broadcaster wants €9 million from former boss Schlesinger (SPG)
US deficit: Reaches record $711 billion in the first quarter of the fiscal year (RT)
China: Private investors are turning away from equities again (BBG)
M&A outlook: Wall Street bankers see positive trends as early as 2025 (RT)
Goldman CEO: David Solomon describes the US economy as “fragile” (FT)
Israel & Hamas: Agree on a ceasefire in Gaza and the release of hostages (BBC)
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