Foreign policy

• Taiwan will invest $250 billion in U.S. chipmaking under new trade deal - The U.S. and Taiwan have reached a trade agreement to build chips and chip factories on American soil, the Department of Commerce announced on Thursday.
• Oil falls more than 4% as traders see Trump backing away from Iran strike threats - Concerns about a U.S. strike on Iran had been mounting after Trump vowed to take action against the regime’s crackdown on widespread protests in the country.
• European chip stocks surge after TSMC posts record fourth-quarter profit; ASML pops 7% - European stocks open broadly higher Thursday as traders digest the latest geopolitical news around Greenland and Iran.
• U.S. freezes new immigrant visas for 75 countries: See the full list - The U.S. said Wednesday it will pause issuing immigrant visas to citizens of 75 countries over concerns that they may use public assistance in the future.
• Russia watches as ally Iran edges closer to collapse. Here's why it matters for Moscow - The prospect of another ally falling in the Middle East will be a worrying one for Moscow, particularly after it has seen other alliances collapse recently.
• Trump says he’s cancelled second wave of attacks on Venezuela - He added that at least $100 billion will be invested in Venezuela by U.S. oil giants.
• Trump is desperate to take Greenland. Can NATO defend itself — and is it willing to? - Trump’s ambition for Greenland raises questions about what happens when two NATO members come to blows.
• Why Russia hasn't reacted to Trump's Greenland takeover bid - The Kremlin has not commented on Trump's Greenland ambitions, with analysts saying they serve a bigger purpose for Moscow.
• Trump's team races to come up with a Greenland takeover plan — here's what's at stake - U.S. Secretary of State Marco Rubio says that he intends to convene with Danish officials next week to discuss Greenland.
• European defense stocks extend rally amid geopolitical tensions - European stocks opened lower on Thursday despite a defense rally amid U.S. President Donald Trump's threat to annex Greenland.