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US Markets rose on Friday, after the United States Supreme Court ruled that President Donald Trump does not have unilateral tariff powers under the IEEPA. The ruling casts doubt on recent trade deals and sets up legal battles over roughly $180 billion in tariff revenue collected under the now-invalidated tariff rates.
Janez Janša announced plans to pursue a constitutional overhaul if his Slovenian Democratic Party wins the upcoming election, stressing the need for a two-thirds majority. Polls suggest SDS leads the race with 20–28 per cent support, giving momentum to his bid despite fragmented opposition parties.
On the night of 22–23 February, Ukrainian drones hit the Kaleykino oil pumping station near Almetyevsk, Russia. The oil station is a major supplier of the Druzhba pipeline, which transports Russian crude oil to Hungary and Slovakia, further escalating tensions between Budapest and Kyiv. Energy infrastructure in the city of Belgorod, Russia, was also struck by Ukrainian drones on the same night.
Slovak Prime Minister Robert Fico said he will ask the national grid operator to halt emergency electricity deliveries to Ukraine, escalating tensions linked to energy supplies and EU policy toward the war.
Co-Chairwoman of the Alternative for Germany (AfD) party Alice Weidel said Hungarian Prime Minister Viktor Orbán is the only guarantee that Ukraine will not join the European Union, arguing that the country does not meet accession requirements and calling for Europe to pursue peace talks with both sides in the war.
Péter Magyar of the Tisza Party claimed 250,000 signatures were collected on the first day. However, the Center for Fundamental Rights has reached out to Hungary’s National Election Office (NVI) for the official numbers, which revealed that Tisza had collected less than half of the claimed number, 110,000 by 4pm on the first day. By contrast, Viktor Orbán’s Fidesz party collected 196,000 signatures in the same period.