Reuters World News

EU-Russia, Epstein photos and a slightly drier holiday

Dec 13, 2025
Dara Ranasang, a market commentator and host of the Morning Bid podcast, shares insights on the recent turbulence in financial markets, alongside discussions about AI concerns and potential Fed rate cuts. On-the-ground reporters like David Ryder offer vivid accounts of flood rescues in the Pacific Northwest, while Ernest Scheider elaborates on the Army's portable refineries for critical minerals. They also delve into the implications of newly released Epstein photos featuring Trump, and a peculiar trend showing Americans drinking less, but only slightly.
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INSIGHT

EU Freezes Russian Central Bank Assets

  • The EU froze €210 billion in Russian central bank assets to back a large loan to Ukraine and prevent member-state blocks.
  • Russia called the move illegal and said it would sue Euroclear, which holds most of the funds.
ANECDOTE

Boat Rescue Captured In Burlington Floods

  • Photographer David Ryder described rescuers loading inflatable rafts into military vehicles during floods in Burlington, Washington.
  • He captured a raft rescue where a man and two dogs were picked up and brought to safety by National Guard crews.
INSIGHT

Markets Focus On AI, Fed And Japan

  • Markets reacted to AI bubble worries and shifting Fed rate expectations after mixed corporate results and Fed comments.
  • Pressure in Japan's short-dated yields reflects markets eyeing the Bank of Japan's policy meeting next week.
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