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Polish Prime Minister Tusk: The Fate Of The War May Be Decided In The Next 100 Days. Poland May Consider Providing Further Military Aid To Ukraine
Market News: Pakistan Has Secured The Safe Passage Of Liquefied Natural Gas (LNG) Shipments In An Agreement With Iran
Market News: Sources Say Ukraine Launched A Drone Attack On Russia's Lukoil Perm Refinery On Wednesday, Causing A Fire
ABN AMRO: The European Central Bank Is Unlikely To Raise Interest Rates Above 2.50%, With Uncertainties Remaining
Polish Prime Minister Tusk: The United States Is Willing To Participate In The Investigation Of The Missile
Ministry Of Industry And Information Technology: China's Software Industry Generated RMB 7,718.2 Billion In Revenue In The First Half Of The Year, An Increase Of 9.5% Year-on-Year
Polish Prime Minister Tusk: There Is No Reason To Believe That Poland Was The Target Of The Falling Missile
The USD/JPY Pair Briefly Fell 70 Points Before Quickly Rebounding, And Is Currently Down About 0.4% At 162.75
The EU Has Already Disbursed €3.47 Billion To Ukraine Under A €90 Billion Loan Program Supporting Ukraine
Market Sources: Agricultural Market Sources Reported That Ukrainian Drones Struck Sunflower Oil Export Facilities At Russia's Taman Port, Located In The Kerch Strait
The EU Says The Latest Funding For Ukraine Will Be Used For Drones, Missiles, Air Defense Systems And Fighter Jets
Japanese Prime Minister Sanae Takaichi: We Will Seek Ways To Allow Japan More Flexibility In Adjusting Sales Tax Rates
Japanese Prime Minister Sanae Takaichi Plans To Reduce The Food Sales Tax To 1% Starting In April 2027, With A Two-year Grace Period
Japanese Prime Minister Sanae Takaichi: We Will Review Potential Sources Of Revenue, Such As Foreign Exchange Reserves, Non-tax Revenue, And Spending Reforms
The Russian Ministry Of Defense Announced That It Has Occupied Chernyshevka In The Donetsk Region Of Ukraine, Malaslobidka And Mokhlitsky In The Sumy Region, And Yurchenkov In The Kharkiv Region

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Senator Warren aims to block a major AI chip sale to the UAE, linking it to a significant Trump family financial deal and national security concerns.
Senator Elizabeth Warren is set to ask the Senate to condemn and reverse a major sale of 500,000 advanced artificial intelligence chips to the United Arab Emirates. The move follows reports of a significant financial transaction between a prominent UAE sheikh and the Trump family that occurred just before Donald Trump’s inauguration.
Warren’s resolution, shared with CNBC, directly challenges the chip deal in light of a Wall Street Journal report. The report detailed how Sheikh Tahnoon bin Zayed Al Nahyan, a key figure in the UAE, secretly acquired a 49% stake in World Liberty Financial, a Trump family company. This deal allegedly directed approximately $187 million to Trump family entities just four days before Trump took office.

The AI chip sale was approved months after this investment, raising allegations of bribery. Sheikh Tahnoon's own AI enterprise, G42, is slated to receive the chips.
"Why in the world was Donald Trump trying to ship off our state-of-the-art chips to the UAE — and China — when American startups, universities, and small businesses need them here at home?" Warren is expected to state on the Senate floor. "Well, now we know that the UAE greased the skids months earlier when it secretly agreed to pour hundreds of millions of dollars into a Trump family crypto venture."
The deal would send 500,000 of Nvidia's most advanced chips to the UAE annually. This has triggered national security alarms, as previous U.S. administrations have warned against selling such technology to the UAE over fears it could fall into China's hands. The United States is in a fierce competition with China for AI dominance and strictly controls its semiconductor technology.
"Trump is profiting from decisions that make it easier for countries like China to get their hands on some of our most sensitive and advanced technology," Warren, who serves as the top Democrat on the Senate Banking Committee, plans to argue.

If passed, the resolution would formally state that the Senate "Condemns Donald Trump's decision to allow the sale of advanced AI chips to the United Arab Emirates and calls for the reversal of this decision."
While any single senator can block the resolution, Warren's push is designed to put political pressure on Republicans, who have also expressed concerns about advanced AI technology reaching China.
"Congress needs to grow a spine," Warren is expected to add. "We cannot allow American national security to be sold to the highest bidder."
The Trump administration has consistently denied any wrongdoing concerning Sheikh Tahnoon's investment or the subsequent chip deal. When asked about the arrangement this week, Trump commented, "Well, I don't know about it."
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