WASHINGTON (AP) – U.S. wholesale prices rose a hotter-than-expected 0.5% in December. The Labor Department reported Friday that its producer price index – which measures inflation before it hits consumers – rose from November to December at the fastest pace in three months and faster than the 0.3% economists had forecast.
BRUSSELS (AP) – Chinese President Xi Jinping has had a busy few weeks receiving Western allies seeking warmer ties with the world’s second-largest economy. Canadian Prime Minister Mark Carney struck a trade deal slashing tariffs on Chinese electric vehicles and Canadian canola oil. U.K. Prime Minister Keir Starmer landed in Beijing this week to repair ties.
BEIJING (AP) – U.K. Prime Minister Keir Starmer arrived in the Chinese financial center of Shanghai on Friday in his bid to boost business opportunities for British firms in the world’s second-largest economy, just hours after U.S. President Donald Trump signaled a possible opposition to any deal between Beijing and London.
Jan. 19 – The Washington Post says Congress has dropped the ball regarding oversight of ICE, DHS. Geraldo Lunas Campos died at a Texas detention center on Jan. 3 while pleading for air as guards choked him, according to a fellow detainee. The local medical examiner’s office is considering classifying his death as a homicide, The Post reports.
KYIV, Ukraine (AP) – The terms of a Russian commitment to U.S. President Donald Trump to temporarily halt its bombardment of Ukraine during one of the country’s bleakest winters in years remained unclear Friday, as Ukrainians braced for even worse conditions to come next week.
WASHINGTON (AP) – The Trump administration imposed sanctions Friday against Iran ‘s interior minister, accusing Eskandar Momeni of repressing nationwide protests that have challenged Tehran’s theocratic government. The penalties are the latest by the United States and the European Union targeting high-ranking officials over the crackdown.
THE HAGUE, Netherlands (AP) – The political leader in line to become the Netherlands’ next prime minister on Friday said concerns about U.S. President Donald Trump’s territorial ambitions in Greenland were a “wake-up call” for Europe at a fraught time.
WASHINGTON (AP) – Kevin Warsh has sought the job of Federal Reserve chair, off and on, since President Donald Trump first considered him for the position nearly a decade ago. Now that he is in line for the position, the enormity of the challenge ahead of him is clear.
JERUSALEM (AP) – Israel said Friday that it will reopen the pedestrian border crossing between the Gaza Strip and Egypt over the weekend, marking an important step forward for U.S. President Donald Trump’s Gaza ceasefire plan.
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