Firefighters battle the Palisades Fire. Water runs short as wildfires burn out of control. REUTERS/Ringo Chiu |
- Donald Trump is serious about trying to acquire Greenland, both to expand America's sphere of influence in the Western Hemisphere and as a way to cement his legacy, according to three sources. The US embassy in Copenhagen said, however, that the country has no current plans to increase its military presence in the Arctic island.
- South Korean President Yoon Suk Yeol will accept the decision of the Constitutional Court that is trying parliament's impeachment case against him, even if it decides to remove him from office, his lawyer said. Meanwhile, Yoon's party is seeing signs of a revival.
- Venezuelan opposition parties and their supporters are set to hold protests around the country in an eleventh-hour effort to put pressure on President Nicolas Maduro, one day before he is due to be sworn in for his third six-year term.
- Mozambique opposition leader Venancio Mondlane returned home today, after fleeing in the days following a hotly contested October election that sparked demonstrations in which scores of protesters have been killed.
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- A Russian guided bomb attack killed at least 13 people and injured 113 in Ukraine's southeastern city of Zaporizhzhia, authorities said. President Joe Biden is expected to unveil new sanctions targeting Russia's economy this week.
- US and Arab mediators have made some progress in their efforts to reach a ceasefire accord between Israel and Hamas in Gaza, but not enough to seal a deal, sources close to the talks said.
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- Rachel Reeves is facing her first major test as Britain's finance minister after the government's borrowing costs jumped sharply this week and the pound tumbled, potentially forcing her to cut future spending. Here's an explainer on what's going on in bond markets.
- Wage hikes are broadening in Japan as structural labor shortages have made firms more aware of the need to keep hiking pay, the central bank said, suggesting that conditions for a near-term interest rate hike were continuing to fall into place.
- China's car sales maintained their growth pace in 2024 as sales of electric vehicles and plug-in hybrids in the world's largest auto market hit a record high amid a brutal price war and with subsidized trade-ins for greener vehicles driving purchases.
- In more auto news, global suppliers are working out how much of their production can be moved to the United States, or closer to it, as a defense against tariffs promised by Donald Trump, according to industry executives at CES in Las Vegas.
- In 2025, uncertainty is rising worldwide. In this Viewsroom podcast, Breakingviews columnists share predictions for how robotic cars, obesity drug-fueled M&A or a smartphone backlash will take root amid the upheaval.
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The Eaton Fire in Altadena. REUTERS/Fred Greaves |
Today, we look at scenes from Los Angeles as wildfires rage, stretching firefighting resources and water supplies to the limit. |
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Philippines' Black Nazarene procession draws hundreds of thousands of devotees. REUTERS/Eloisa Lopez |
Hundreds of thousands of barefoot devotees joined an annual procession in the Philippines of a centuries-old statue of Jesus Christ in one of the world's grandest displays of Catholic devotion and expression of faith. |
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