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The President's Daily Brief

January 28th, 2025: Is Russia’s Economy Cracking? & Hamas Hostage Tragedy

28 Jan 2025

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In this episode of The President's Daily Brief: A fresh blow for President Vladimir Putin as the European Union extends sanctions against Russia, raising questions about cracks in the nation’s economy. Tragic news from the Middle East as Hamas announces the deaths of 8 hostages set for release under the ongoing ceasefire agreement. Reports indicate President Donald Trump is exploring an asylum deal with El Salvador that could allow the U.S. to deport migrants there—even if they’re not Salvadoran. And in today’s Back of the Brief: The President signs an Executive Order reinstating service members discharged for refusing the COVID-19 vaccine, fulfilling a key campaign promise. To listen to the show ad-free, become a premium member of The President’s Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief Learn more about your ad choices. Visit megaphone.fm/adchoices

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Full Episode

12.378 - 37.549 Mike Baker

It's Tuesday, 28 January. Welcome to the President's Daily Brief. I'm Mike Baker, your eyes and ears on the world stage. Let's get briefed. Today, we're starting in Moscow and some bad news for President Vladimir Putin as the European Union extends its sanctions against Russia, raising fresh questions about the cracks that appear to be forming in Russia's economy.

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38.564 - 60.352 Mike Baker

Later in the show, we'll return to the Middle East, where Hamas has announced that eight of the remaining 26 hostages set to be released as part of the ongoing ceasefire are dead. Plus, President Trump is reportedly considering an asylum deal with El Salvador, allowing the U.S. to deport migrants there, even if they're not Salvadorans.

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61.192 - 76.296 Mike Baker

And finally, in today's back of the brief, the president fulfills a campaign promise with a new executive order reinstating service members discharged for refusing the COVID-19 vaccine. But first, today's PDB Spotlight.

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77.463 - 89.167 Mike Baker

European leaders are putting the financial screws to Russian dictator Vladimir Putin, who is reportedly growing increasingly concerned over the fragile state of Russia's wartime economy.

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89.888 - 107.754 Mike Baker

The European Union voted Monday to renew its wide-ranging sanctions on Russia over the war in Ukraine, keeping existing sector-based bans on trade with Moscow intact, while also ensuring that more than $200 billion worth of seized Kremlin assets remain frozen.

108.775 - 132.125 Mike Baker

While most of the EU's 27 member countries were on board with the sanctions renewal, there were concerns that they could lapse before the January 31st renewal deadline over protests by Hungary, according to a report from Reuters. As a reminder, under EU regulations, all 27 member countries must unanimously vote to renew these restrictions every six months.

132.845 - 150.86 Mike Baker

But Hungarian leaders have been seeking assurances regarding their energy security ever since the war in Ukraine broke out. And by broke out, I mean when Vladimir Putin's military invaded and were blocking the latest sanctions renewal talks in an attempt to leverage energy concessions from Ukraine.

151.721 - 165.997 Mike Baker

Specifically, Hungary wanted EU leadership to persuade Ukraine to resume gas transits from Russia to Europe, claiming that EU sanctions on Russia had caused some $20 billion in financial damage to the Hungarian economy.

166.818 - 184.204 Mike Baker

Hungarian Prime Minister Viktor Orban, who, by the way, maintains a close relationship with Putin, had also requested that the EU consult with the Trump administration on the sanctions before moving forward, arguing it was time for a sanctions-free relationship between Europe and Russia.

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