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Real-time News
Paulson, a 2026 FOMC voting member and president of the Philadelphia Federal Reserve, will speak on the economic outlook in ten minutes.On January 14, the U.S. Treasury Department stated that Treasury Secretary Bessenter met with South Korean Deputy Prime Minister and Minister of Strategy and Finance Koo Yoon-cheol on Monday to discuss key mineral resources and ways to strengthen U.S.-South Korea economic ties. According to a statement released Tuesday, the two also discussed the recent depreciation of the Korean won. The statement said, "Secretary Bessenter emphasized that excessive volatility in the foreign exchange market is unwelcome and reiterated South Koreas strong economic performance, particularly in key industries supporting the U.S. economy, making it an important partner for the United States in Asia."The South Korean won rose 1% against the dollar as U.S. Treasury Secretary Bessenter made his remarks.January 14th - According to Fox News, the U.S. State Department will suspend all visa processing for 75 countries to strengthen scrutiny of applicants deemed potentially "public charge." An internal State Department memo indicates that consular officials will deny visa applications under current law while the State Department reassesses its visa vetting and background check procedures. Affected countries include Somalia, Russia, Afghanistan, Brazil, Iran, Iraq, Egypt, Nigeria, Thailand, and Yemen. The suspension will begin on January 21st and will continue indefinitely until the State Department completes its reassessment of the visa processing procedures.Greenland authorities: The aim is to train operational capabilities under unique Arctic conditions and strengthen the alliance’s presence in the Arctic region for the benefit of European and transatlantic security.
