(Image source from: AFP)
President-elect Donald Trump gathered his supporters at Capitol One in downtown Washington, D.C., a day before his inauguration. During his speech, President Trump touched on various topics, including the Middle East ceasefire, TikTok and his actions on his first day in office. He also mentioned plans to visit Los Angeles later this week. Outgoing President Joe Biden has confirmed he will be present to ensure a peaceful transition of power, which President Trump lost in 2021. CEOs of major technology companies, including Tesla CEO Elon Musk, Amazon founder Jeff Bezos, Meta CEO Mark Zuckerberg and Apple CEO Tim Cook, will attend the ceremony. , and TikTok CEO Shou Chew could be in attendance. Also the Ambanis, who appeared in Washington D.C. on January 18th. arrived will take part in the event. The Indian event is scheduled to begin at 10:30 p.m. ET. President Trump is also scheduled to deliver his inaugural address, which typically sets the tone for the presidency, after taking the oath of office before Chief Justice John Roberts. President Trump has opted to move most of his outdoor events, including his inauguration, indoors as frigid temperatures and arctic air are expected in the nation's capital on Monday. This is the first time the event has been held indoors since President Ronald Reagan's second inauguration in January 1985.
The US dollar fell, Bitcoin hit higher in late trading on Monday ahead of Donald Trump's inauguration as US president and investors weighed policy announcements that could have an immediate impact on the US dollar. Bitcoin hit an all-time high of $109,071.86 on Monday and was last up 4.2% at $108,025. The dollar index, which measures the value of the U.S. currency relative to its peers, fell 0.32 percent to 109.08. Last week it hit a 26-month high of 110.17. The euro rose 0.39 percent to $1.031 but remained near its two-year low last week due to the threat of tariffs. Asha Jadeja Motwani, an Indian-American based in Silicon Valley, described President Donald Trump's inauguration as an "ecstatic moment" in which she hopes for further change for the United States, which she said she expects from India . ropes in Motwani, a venture capitalist who was one of Google's first investors, to attend the opening ceremony in the US capital.
The Trump supporter turned Democrat has attended private and public events with the president-elect and several Cabinet colleagues. When asked about India, Motwani said: “I feel people are tired of identity and cultural politics. People really want to see America come back because of meritocracy and opportunities for all." US relations, adding that he hopes for the QUAD to continue. He expressed confidence that these relationships will be further strengthened in the Trump administration. Oil prices fell on Monday as hopes that US President Donald Trump would ease regulations on Russia's energy sector in return for a deal to end the war in Ukraine offset worries about supply disruptions due to tougher sanctions. Brent crude futures fell 28 cents, or 0.35 percent, to $80.51 a barrel at 739 GMT, after closing down 0.62 percent the previous session.
A few hours before Chinese President Donald Trump's inauguration, China's Foreign Ministry called for companies to make "independent decisions" on business and trade issues. This was in response to a question about US President-elect Donald Trump's planned 50 percent ownership of TikTok. TikTok CEO Shou Chew is expected to attend the opening ceremony. TikTok service has been restored after a 14-hour outage in the US. US President Donald Trump said he would issue an executive order to postpone the ban and offered to work with the US. Donald Trump's inauguration guest list includes world leaders, former US presidents, influential billionaires and technology CEOs. External Affairs Minister S. Jaishankar will represent India and Vice President Han Zheng will attend on behalf of Chinese President Xi Jinping.
Other notable participants include Argentine President Javier Milli, Ecuadorian President Daniel Nova, Italian Prime Minister Giorgia Meloni and Australian Foreign Minister Penny Wong. From the technology industry, Tesla CEO Elon Musk, Amazon founder Jeff Bezos, Meta CEO Mark Zuckerberg as well as Joe Biden, Barack Obama, George W. Bush and Bill Clinton are planned to take part.
