Guinea-Bissau junta sets election date following last year's coup

BISSAU, Guinea-Bissau (AP) – Guinea-Bissau’s military junta has set a date for new elections following its takeover late last year, according to a statement by the junta’s leader on Wednesday.

US stocks erase sharp losses, while oil prices leap

NEW YORK (AP) - Oil prices leaped on worries that war with Iran could clog the flow of crude, while U.S. stocks swung from sharp losses to small gains.  The S&P5 00 finished with a gain of less than 0.1%. The Dow added 0.2%, and the Nasdaq composite rose 0.4%. Oil and defense stocks rallied. Treasury yields rose with worries about inflation.

What The EU's 'Trade Bazooka' is And How it Works

BRUSSELS (AP) – Rattled by U.S. President Donald Trump’s threats over Greenland, the European Union is readying countermeasures against the United States. As primarily a trading bloc, the EU’s toolkit is mostly financial instruments, from steep tariffs on U.S. goods to the so-called trade bazooka touted by French President Emmanuel Macron.

Gulf carriers resume some flights even as strikes fuel travel chaos

LONDON (AP) – Several international airlines resumed a small number of flights from the United Arab Emirates on Monday, offering some relief for travelers caught up in airspace closures and other safety precautions as the U.S. and Israel bombarded Iran, and Iran struck back at targets across the Middle East.

What to know about Iran's Revolutionary Guard, a powerful force

DUBAI, United Arab Emirates (AP) – Iran’s paramilitary Revolutionary Guard has grown into a powerful force within the country’s theocracy, answering only to its supreme leader and overseeing its ballistic missile arsenal and launching attacks overseas.

Portugal's Presidential Election Draws 11 Candidates

LISBON, Portugal (AP) – A record number of 11 candidates in Portugal’s upcoming presidential election kicked off their campaigns on Sunday. The official two-week campaign period preceding the Jan. 18 election will see the contenders competing to capture voters’ support.

Editorials from The Washington Post, New York Times, The Guardian and others

Excerpts from recent editorials in the United States and abroad:

What to Know About Deadly Fire at Swiss Alpine Bar

CRANS-MONTANA, Switzerland (AP) – Swiss investigators are probing what caused a fire in a bar at an Alpine ski resort that left around 40 people dead and another 115 injured during a New Year’s celebration.