Hello! Here’s what’s happening on Tuesday.
1. The Trump administration declined to impose new sanctions on Russia. Political observers viewed the move as a sign Trump may be unwilling to punish Russia’s US-election meddling.
2. Leaked government analysis reportedly predicts Brexit will make Britain worse off economically. Britain’s economic growth is predicted to be lower over the next 15 years no matter which Brexit option the country takes.
3. Experts estimate the US budget deficit will top $US1 trillion in 2019. The government shut down for three days earlier this month over bipartisan fights over a temporary spending bill. A February 8 shutdown deadline looms as lawmakers try to work out a long-term deal within the next week.
4. North Korea called off a joint Olympic performance with South Korea. South Korea expressed disappointment and said the North’s decision may undermine “hard-earned” efforts to improve inter-Korean relations.
5. Private equity firm Blackstone Group is reportedly in talks to buy majority stake in key Thomson Reuters unit. The group plans to buy around a 55% stake in the Financial and Risk business of Thomson Reuters for more than $US17 billion.
6. Banks could earn $US100 million from Keurig-Dr. Pepper merger.It’s the largest soft-drink transaction in history, creating a new company called Keurig Dr. Pepper that’s projected to earn $US11 billion in annual sales.
7. A Russian military jet flew within five feet of a US Navy plane. The last aerial intercept involved US and Russian jets over Syria last December.
8. SpaceX will launch a Falcon Heavy rocket next week.The company’s founder and CEO Elon Musk plans to launch his own red Tesla Roadster with the rocket as a test payload.
9. Ireland will hold a referendum on abortion at the end of May. Currently, abortion is illegal in the country unless it occurs as medical intervention intended to save the life of the woman.
10. Facebook will tell people how it uses their data ahead of new EU regulations data protection laws. This is the first time Facebook will publicly disclose how it handles customers data.
And finally …
NOW WATCH: Briefing videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.