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Daily Briefing

The Houthis say airstrikes in Yemen will not go without "punishment", tens of thousands protest in Poland, and rental giant Hertz dumps EVs for gas cars.

Plus, what to expect from Davos.

By Linda Noakes

Today's Top News

A missile is launched from a warship during the operation against military targets in Yemen. US Central Command via X/Handout via REUTERS

MIDDLE EAST

US and British warplanes, ships and submarines struck across Yemen in retaliation against Iran-backed Houthi forces for attacks on Red Sea shipping. Here are the reactions from Russia, Iran, Saudi Arabia and others.
US Foreign Policy Reporter Idrees Ali joined the Reuters World News daily podcast to discuss whether the strikes risk spiraling into a wider regional conflict
Houthi attacks on vessels have disrupted international commerce on the shortest shipping route between Europe and Asia. Tesla plans to temporarily suspend most car production at its factory near Berlin, citing a lack of components due to shifts in transport routes.

IN OTHER NEWS

Donald Trump accused the New York judge in his civil fraud trial of "having your own agenda" - and the judge told his lawyer to control his client - as a months-long case that could hobble the former US president's business empire came to an end.
Top US Senate Democrat Chuck Schumer said he was taking the first procedural step toward passing a stopgap funding bill to avert a partial government shutdown starting late next week, as House Republicans again found themselves in the midst of a possible revolt over spending.
Tens of thousands of opposition supporters massed outside Poland's parliament to protest against the new government's changes to state media and the imprisonment of two former ministers convicted of abuse of power.
Ecuadorean President Daniel Noboa laid out plans for two new high-security prisons, part of his pledge to wage war on drug gangs, as the families of nearly 180 prison staff being held hostage by inmates demanded action to rescue them.
A rebel alliance in northern Myanmar has agreed to a ceasefire with the ruling military during China-mediated talks, according to some of the parties involved, after a months-long coordinated offensive that threatened to weaken the junta's grip on power.

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Business & Markets

China's exports grew at a faster pace in December, while deflationary pressures persisted last month, keeping alive expectations for more policy easing measures to shore up an economy carrying significant pockets of weakness into 2024.
Britain's economy grew slightly more strongly than expected in November but remains at high risk of slipping into a recession. Today's data showed economic output was 0.2% higher than a year earlier and has grown just 2.5% since 2019.
US-listed bitcoin exchange-traded funds saw $4.6 billion worth of shares trade hands as of yesterday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the US securities regulator on Wednesday.
Rental firm Hertz is selling about 20,000 electric vehicles, including Teslas, from its US fleet about two years after a deal with the automaker to offer its vehicles for rent, in another sign that EV demand has cooled.
British luxury fashion brand Burberry warned on its full-year profit outlook for the second time in three months, blaming a further slowing in global demand in the run up to Christmas, triggering another slump in its shares.

The Week Ahead

Political and business leaders will meet in the Swiss resort of Davos next week against the World Economic Forum's most complex backdrop so far.
The global economy appears to be avoiding recession for now, but a key litmus test looms for China with GDP figures, while US retail sales data will shed light on the 2024 outlook. Here's a look at the week ahead in global markets.
Taiwan's three main political parties are making a final push for support ahead of critical presidential and parliamentary elections tomorrow. For everything you need to know, listen to our special edition of the Reuters World News podcast.
Iowa voters gather on Monday to kick off the Republican presidential nominating race, with Ron DeSantis locked in a battle with former South Carolina Governor Nikki Haley for second place.

The World in Pictures

Here's a slideshow of some of our top photos from around the world this week.

And Finally...

A cameraperson shoots the Colosseum inside a Roman marble map created by order of Emperor Septimius Severus. REUTERS/Remo Casill

A marble map of ancient Rome, that hasn't been put on public view for almost 100 years, is getting its very own museum within sight of the Colosseum.

The Museum of the Forma Urbis, enclosed within a new archaeological park on one of Rome's famous seven hills opens today -- the latest offering from a city that is eager to broaden its attraction for growing hordes of tourists.

Read more here: Monumental ancient map re-emerges in new Rome museum

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