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A California shooting turns a mass celebration into a massacre, Pakistan suffers a major power outage, and Spotify is to cut 6% of its workforce

by Linda Noakes

U.S. News

Flowers are left near the scene of a shooting that took place during a Chinese Lunar New Year celebration, in Monterey Park, California, January 22, 2023. REUTERS/Allison Dinner

Investigators scrambled to discover why a 72-year-old gunman opened fire in a California dance hall popular with older patrons and killed 10 people before fatally turning a gun on himself hours later. We report from Monterey Park, the tranquil community upended by the shooting, which was holding its first in-person celebration of the Lunar New Year since the COVID pandemic began.
A new search of President Joe Biden's home in Wilmington, Delaware on Friday by the U.S. Justice Department found six more items, including documents with classification markings, a lawyer for the president said.
A bipartisan group of U.S. lawmakers is preparing a plan to defuse a looming crisis over the nation's debt ceiling by changing it from a fixed dollar amount to a percentage of national economic output, the group's top Republican said.
Vice President Kamala Harris said abortion rights are under attack across the United States in a speech marking the 50th anniversary of Roe v. Wade. Last week, White House officials said 60 anti-abortion bills have been filed in the 2023 legislative session and over 26 million women currently live in states that have banned abortion.
The Internal Revenue Service kicks off the 2023 income tax filing season today armed with 5,000 new customer service representatives to slash call waiting times as the Biden administration implements $80 billion in new IRS funding.

World News

Laborers keep themselves warm near a fire as they wait for work at the wholesale grain market in Karachi, Pakistan, January 23, 2023. REUTERS/Akhtar Soomro

Pakistan's national grid suffered a major breakdown, leaving millions of people without electricity for the second time in three months and highlighting the infrastructural weakness of the heavily indebted nation. The outage was caused by a large voltage surge in the south of the grid, which affected the entire network.
Poland's prime minister said his government would ask Germany for permission to send Leopard tanks to Ukraine, and planned to send them whether or not Berlin agreed. Russian Foreign Minister Sergei Lavrov was in South Africa for talks with one of its most important allies on a continent that is divided over Russia's invasion of Ukraine.
China rang in the Lunar New Year with its people praying for health after three years of stress and financial hardship under the pandemic, as officials reported almost 13,000 new deaths caused by the virus between January 13 and 19.
India has blocked the airing of a BBC documentary which questioned Prime Minister Narendra Modi's leadership during the 2002 Gujarat riots, saying that even sharing of any clips via social media is barred.
Brazil's ministry of health has declared a medical emergency in the Yanomami territory, the country's largest indigenous reservation bordering Venezuela, following reports of children dying of malnutrition and other diseases caused by illegal gold mining.

Business & Markets

A lawmaker in kimono arrives to attend a session at the lower house of parliament in Tokyo, January 23, 2023. REUTERS/Kim Kyung-Hoon

Japan's finances are becoming increasingly precarious, Finance Minister Shunichi Suzuki warned, just as markets test whether the central bank can keep interest rates ultra-low, allowing the government to service its debt. Despite the country's growing debt pile, the government remains under pressure to keep the fiscal spigot wide open.
The likelihood that the United States is already in recession or will fall into one this year has dropped over the past three months to 56% from a nearly two-thirds possibility, according to a survey on business conditions.
Music streaming firm Spotify plans to cut 6% of its workforce, the company said, a move that will add to a glut of layoffs in the technology sector.
Brazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez said in a joint article they penned.
Tesla Chief Executive Elon Musk will take the witness stand again today, as he defends himself against fraud claims that he lied when he tweeted in 2018 that he had funding to take the electric carmaker private.
China's Geely is planning a big investment to turn the maker of London's iconic black taxis into a high-volume, all-electric brand with a range of commercial and passenger vehicles, executives at the unit told Reuters. The global auto industry has committed $1.2 trillion to developing electric vehicles, providing a golden opportunity for new suppliers to grab contracts providing everything from battery packs to motors and inverters.

And Finally

A cooked piece of cultivated chicken breast created at the UPSIDE Foods plant in Emeryville, California, January 11, 2023. REUTERS/Peter DaSilva

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