Biden, Trump Clash Over NATO, Ukraine, Markets

In his first interviews since leaving office, former President Joe Biden criticized President Donald Trump's Ukraine policy, calling Trump's suggestion for Kyiv to cede territory to Russia 'modern-day appeasement' and warning it would embolden Vladimir Putin. Biden warned that Trump's foreign policy could undermine U.S. leadership and erode European allies' trust, referencing explosive White House meetings and controversial proposals involving Canada, Greenland, and the Panama Canal. The White House responded by questioning Biden's mental fitness, while Trump defended his actions and blamed Biden for recent global conflicts and domestic problems. Biden reflected on his decision to exit the 2024 race, maintaining it was the right choice and supporting Kamala Harris despite her electoral loss to Trump. Some analysts contend Biden's sanctions have strengthened ties between Russia and China. Political rhetoric has fueled caution in financial markets, with both stocks and cryptocurrencies declining amid ongoing geopolitical uncertainty.