Elite Davos event opens with pro-business Trump set to attend

DAVOS, Switzerland (AP) – Corporate chiefs and government leaders including U.S. President Donald Trump swarm into Davos, Switzerland, this week, joining an elite annual meeting that promotes dialogue and economic progress – even as a domineering tone from Washington has upended the global order and billionaires have reaped trillions in new wealth as the poor lag behind.

Ivory Coast will buy unsold cocoa stocks as prices plunge

ABIDJAN, Ivory Coast (AP) – Ivory Coast, the world’s top cocoa producer, said it will buy unsold cocoa stocks to keep exports flowing and ensure farmers are paid, as global prices have plunged in recent months.

India agrees to boost trade and strategic ties with UAE

NEW DELHI (AP) – India and the UAE finalised a series of agreements on Monday, hoping to double bilateral trade to $200 billion by 2032. The United Arab Emirates president, Sheikh Mohamed bin Zayed Al Nahyan, met with India’s Prime Minister Narendra Modi in the national capital as part of a visit aimed at bolstering bilateral and strategic partnership.

Editorials from The Washington Post, New York Times, Wall Street Journal and others

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.

What to know about the annual World Economic Forum meeting in Davos

DAVOS, Switzerland (AP) – Nearly 3,000 high-level participants from business, government and beyond plus untold numbers of activists, journalists and outside observers are converging in the Swiss town of Davos for the World Economic Forum’s annual meeting.

NYSE working on new platform for trading digital tokens around the clock

The New York Stock Exchange is working on a digital platform that would enable investors to trade digital tokens around the clock.

Philippines discovers new gas deposit near disputed South China Sea

MANILA, Philippines (AP) – Philippine President Ferdinand Marcos Jr. announced Monday the discovery of a new natural gas deposit near the disputed South China Sea, which could shield his country from a potential power crisis.

Hungary's MOL to buy Serbia's Russia-owned NIS oil company if US approves

BELGRADE, Serbia (AP) – Hungary’s MOL Group energy company said on Monday they have signed a preliminary agreement to buy a 56.15% stake in Serbia’s Russia-owned main oil supplier that has been sanctioned by the United States.

Fed Chair Powell to attend Supreme Court argument on Cook case

WASHINGTON (AP) – Federal Reserve Chair Jerome Powell will attend the Supreme Court’s oral argument Wednesday in a case involving the attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair. The high court is considering whether President Donald Trump can fire Cook, as he said he would do in late August.