Trump gets his Nobel - sort of

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Daily Briefing

By Linda Noakes

Hello. Venezuelan opposition leader Maria Corina Machado gave Donald Trump her Nobel Peace Prize medal in what the president called "a wonderful gesture of mutual respect."

Deadly violence has been reported in Uganda as early election results show 81-year-old President Yoweri Museveni with a commanding lead.

And from the ski slopes of Switzerland to the Supreme Court, we look at what to watch in the week ahead.

Today's Top News

Venezuelan opposition leader Maria Corina Machado arrives at the US Capitol. REUTERS/Elizabeth Frantz

Venezuelan opposition leader Maria Corina Machado gave her Nobel Peace Prize medal to President Donald Trump during a White House meeting, in a bid to influence his efforts to shape her country's political future. The honor remains hers though - the prize cannot be transferred, shared or revoked.
Trump is threatening to invoke the Insurrection Act in order to deploy military forces to Minnesota following days of protests. Reuters photographer Leah Millis joins the Reuters World News Podcast from Minneapolis to talk about the fast-moving and volatile situation.
A bipartisan delegation of US lawmakers will meet with the leaders of Denmark and Greenland today to reassure them of congressional support despite Trump's threats to seize the Arctic island. Our Chart of the Week looks at how Americans view Trump's ambitions for Greenland, based on Reuters/Ipsos polling.
Veteran Ugandan President Yoweri Museveni held a commanding lead in early presidential election results as conflicting accounts emerged of violence after the vote.
A South Korean court sentenced former President Yoon Suk Yeol to five years in prison on charges that included obstructing attempts by authorities to arrest him following his failed bid to impose martial law in December 2024.
Britain's former Conservative Party leadership candidate Robert Jenrick became the biggest-name defector to Nigel Farage's right-wing Reform UK, saying the nation was broken and its two mainstream political parties rotten.

Business & Markets

A chart showing US interest rate expectations

Asian stocks advanced as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat US economic data left traders trimming bets on Federal Reserve rate cuts.
The yen rallied against the dollar after Japan's finance minister floated the possibility of joint intervention with the United States to defend the nation's faltering currency.
Canada and China have struck an initial trade deal to cut tariffs on electric vehicles and canola, Prime Minister Mark Carney said, as both nations promised to tear down trade barriers while forging new strategic ties.
Taiwan aims to become a close strategic partner with the United States in the area of artificial intelligence after striking a deal to cut tariffs and boost its investment in the country, Vice Premier Cheng Li-chiun said.
The International Monetary Fund's latest forecasts due next week will show the global economy's continued resilience to trade shocks and "fairly strong" growth, IMF Managing Director Kristalina Georgieva told Reuters.
TikTok will start rolling out new age-detection technology across Europe in the coming weeks, it told Reuters, as the ByteDance-owned platform faces regulatory pressure to better identify and remove accounts belonging to children under 13.

The Week Ahead

It's that time of year when political leaders, central bankers, billionaires and tech bros swap their spreadsheets for snow boots and head to Davos for the 56th World Economic Forum.
Trump's battle with the Federal Reserve goes to the Supreme Court on Wednesday in a case that may have ramifications for the central bank's ability to operate independently.
The fourth-quarter US earnings season heats up, with reports due from high-profile companies including Netflix, Johnson & Johnson and Intel.
In Asia, China kicks off the week with the release of its highly ⁠anticipated fourth-quarter and full-year GDP figures and the Bank of Japan meets as a sliding yen risks adding to already broadening inflationary pressure.
Here's all you need to know about the coming week in financial markets.

Ghana took in Trump's deported West Africans. Then it forced them home

Rabbiatu Kuyateh shows a photograph of an injury she said was sustained during deportation. REUTERS/Stringer

Ghana is in the middle of a heated debate over President Donald Trump's use of so-called third-country removals to hasten the departure of unauthorized immigrants who cannot easily be sent to their home countries - part of a vast crackdown that aims to deport millions.

Read more

The Week in Pictures

A person stands among a cloud from a riot control grenade thrown by a federal agent in Minneapolis. REUTERS/Tim Evan

See a selection of our top photography from around the world this week.

View gallery

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