“Apart from the fact that Pakistan has approved a Russian request for using the Gwadar Port, located in Balochistan Province, for its exports, media reports were swirling that Russia planned to merge the Moscow-led Eurasian Economic Union (EAEU) with the CPEC,” the article titled ‘Russia can be a welcoming presence at CPEC’ said. Source News18
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Black-clad activists protesting U.S. President-elect Donald Trump’s inauguration smashed store and car windows in Washington on Friday and fought with police in riot gear who responded with pepper spray and stun grenades. Source reuters
The euro clearing houses that currently trade from London could only remain in the city after Brexit if the new framework is “strong enough.” But, for now, such a possibility sounds “challenging,” an executive member of the European Central Bank told CNBC in Davos. Source CNBC
Retail sales in December dropped 1.9% from the previous month, according to official figures. Sales across all main retail sectors declined, with the heaviest falls coming at non-food stores, the Office for National Statistics (ONS) said. It was the biggest monthly fall for more than four and a half years. Source BBC