Trump raised the possibility of the US owning Gaza during press conference with Israeli Prime Minister Benjamin Netanyahu. REUTERS/Leah Millis
Trump's Gaza proposal
Donald Trump's jaw-dropping statement that he would like the US to take control of and redevelop the Gaza Strip might have sounded like it came from nowhere, but it was in keeping with his new administration's expansionist ambitions.
White House Reporter Trevor Hunnicutt and Senior Correspondent Nidal al-Mughrabi share their insights on Trump's new target on today's Reuters World News podcast. Listen now.
Trade war
The US Postal Service said it would temporarily suspend parcels from China and Hong Kong, after Trump ended a trade provision this week used by retailers including Temu and Shein to ship low-value packages duty-free to the US.
Trump said he is in no hurry to speak to President Xi Jinping to try to defuse a new trade war between the world's two largest economies sparked by his 10% tariffs on all Chinese imports.
In other news
Swedish police said there was no evidence of "ideological motives" behind a mass shooting at an adult education center in Orebro, and warned of misinformation spread on social media. At least 11 people died and many others were wounded in the shooting.
Several metro stations in Brussels were closed after a shooting at the central Clemenceau station, the Belgian prosecutor's office said. No injuries were reported. The suspects fled into the metro tunnels after the shooting incident, a source said.
Residents of Colombia's troubled Catatumbo region, near the eastern border with Venezuela, are weighing whether to return home after attacks by a rebel group displaced at least 50,000 people over several weeks.
Business & Markets
Alphabet said it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue target. Today, global stocks were falling after the company's disappointing earnings knocked Wall Street futures.
Chinese companies, from chip makers to cloud service providers, are rushing to support DeepSeek's artificial intelligence models, spurring analysts to hail a "watershed moment" for the industry.
All eyes are on the French capital next week to see if Trump's administration can find common ground with China and nearly 100 other nations on the safe development of artificial intelligence. France, eager to promote its national industry, will be hosting the AI Action Summit in Paris, alongside India.
Japan's Nissan is set to call off merger talks with rival Honda, a source said, abandoning a $60 billion plus tie-up that would have created the world's third-largest automaker. Stalling the deal ignores tariff hazards, our Breakingviews columnist writes.
Obesity drug maker Novo Nordisk forecast slower growth this year after Wegovy sales more than doubled in the final quarter of 2024, with analysts and investors describing the results as "good enough" to ease nerves about stiff competition from rival Eli Lilly.
In Pictures
Tourists and residents flee Santorini after hundreds of quakes shake Greek island. REUTERS/Alkis Konstantinidis
Hundreds of people have left Santorini on ferries and planes to reach safety in Athens as a series of quakes kept shaking the famous Greek tourist island.
Resilient New Orleans opens doors to Super Bowl after attack. Kirby Lee-Imagn Images
New Orleans flings open its doors this week to the biggest party in American sports, welcoming thousands of tourists weeks after a New Year's Day attack on the city's iconic Bourbon Street.
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Trump's overhaul of US foreign assistance has led to chaos in the aid and development field, leaving hundreds of contractors in a severe financial crunch with some already having to lay off staff and others facing millions of dollars in unpaid invoices.
When Benjamin Netanyahu meets Trump, the Israeli prime minister is expected to try to turn the page on sometimes tense relations with the Biden White House. Washington Correspondent Matt Spetalnick is on the Reuters World News podcast to discuss the upcoming meeting.
Robert F. Kennedy Jr.'s confirmation as the top US health official may hinge on Louisiana Republican Senator Bill Cassidy, a doctor with a history of bucking political pressure who has expressed wariness over Kennedy's anti-vaccine views.
In other news
After Russia's 2022 invasion, Ukraine's normally febrile political life was becalmed under martial law. But there have been growing signs of activity picking up, as the US has set its sights on finishing the war with Russia quickly.
Syria's transitional President Ahmed al-Sharaa and Turkish President Tayyip Erdogan are expected to discuss a joint defense pact in Ankara, including establishing Turkish airbases in central Syria and training for Syria's new army, four sources familiar with the matter said.
A top South Korean military commander said he trusted President Yoon Suk Yeol to be making a legitimate decision when he declared martial law, but declined to say if the impeached leader gave orders to "drag" lawmakers out of parliament.
Nigel Farage's right-wing Reform UK party overtook Britain's governing Labour Party to become the country's most popular political party in a new poll, reflecting public discontent in Prime Minister Keir Starmer less than seven months into his term.
Business & Markets
New trucks crowd a parking lot at the GM assembly plant in Canada. REUTERS/Chris Helgren/File Photo
Trump is keeping some of the world's biggest automakers guessing whether he will follow through on threats to slap their vehicles and supply chains with import taxes that could cause hefty vehicle-price spikes for US consumers.
Diageo estimates its operating profit could be dented by roughly $200 million if US tariffs on Mexico and Canada are implemented in March, its finance chief Nik Jhangiani said, adding it had strategies to offset the impact.
Artificial intelligence bulls in Europe are dusting off a 160-year-old economic theory to explain why the boom in the sector's stocks may have further to run, despite the emergence of China's cheap AI model DeepSeek.
Novo Nordisk is under pressure from investors for more information about its next-generation obesity drug candidate CagriSema amid a lack of clarity over trial results that hammered its shares in December.
India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy review on Friday, aiming to boost economic growth which is seen falling to a four-year low.
Tycoons like Jeff Bezos and Mark Zuckerberg bent the knee to Donald Trump. They're not the first to bow to the Oval Office. In this episode of The Big View podcast, former White House aide Tevi Troy explores the shifting balance of power between corporate and political leaders.
A Gaza family's journey home to the ruins
Ismael Mohammed and his family return to their destroyed house amid a ceasefire between Israel and Hamas, in Gaza City, January 28, 2025. REUTERS/Dawoud Abu Alkas
The Mohammed family sat up talking late into the night before their journey back north to the ruins of their Gaza home, a trudge across a desolate landscape that hundreds of thousands of Palestinians embarked on last week after a ceasefire.
Crowding around the fire and cooking pot on the sand by their tent in a sprawling camp for displaced people in Deir al-Balah in the southern half of the Gaza Strip, they talked of their excitement at going home, plans for the tough days ahead and the fear and hardship they had lived through over 15 months of war.
Genetically modified polo horses stand in San Antonio de Areco, on the outskirts of Buenos Aires. REUTERS/Matias Baglietto
Argentina's award-winning mare Polo Pureza will have her genes, or at least most of them, live on in five genetically edited horses designed to outrun the polo legend herself.
Scientists at Argentine biotech firm Kheiron have produced the world's first genetically edited horses using a technique called CRISPR-Cas9. The horses were born last October and November.
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