A judge has temporarily blocked Trump's order restricting birthright citizenship at the urging of four Democratic-led states.
In business news, the Bank of Japan raises interest rates to a 17-year high and there's a surprise twist in a complex Italian banking saga. |
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Migrants line up to leave the United States for Mexico after being deported. REUTERS/Jose Luis Gonzalez |
- A federal judge blocked Donald Trump's administration from implementing the president's executive order curtailing the right to automatic birthright citizenship in the United States, calling it "blatantly unconstitutional."
- Immigration agents rounded up undocumented migrants as well as American citizens in a raid of a Newark, New Jersey, worksite that the city's mayor said involved detaining a military veteran and violations of the people's rights.
- The Senate narrowly voted to advance the nomination of Pete Hegseth, a former Fox News host and military veteran, to be secretary of defense, clearing the way for a vote on his confirmation later this week.
- Trump ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile, making good on his promise to quickly overhaul crypto policy.
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- Firefighters stopped the expansion of a new wildfire north of Los Angeles after it spread rapidly, as California Governor Gavin Newsom signed a $2.5 billion relief package for the devastated region. This graphic explains why wildfires are growing faster.
- A British teenager who killed three young girls at a Taylor Swift-themed dance event was jailed for at least 52 years, for an attack Prime Minister Keir Starmer called one of the most harrowing moments in Britain's history.
- Russian air defenses repelled a massive Ukrainian drone attack overnight, intercepting and destroying 121 drones targeting 13 regions, including Moscow, Russia's Defense Ministry said.
- The Oscar nominations are out and Netflix movie musical 'Emilia Perez' is in the lead. Entertainment reporter Lisa Richwine joins the Reuters World News podcast to talk about the snubs and surprises.
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- The Bank of Japan raised interest rates to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
- Euro zone business began the new year with a modest return to growth as stable services activity in January was complemented by an easing of the long-running downturn in manufacturing, a survey showed.
- Boeing warned that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a crippling strike by US West Coast factory workers.
- Bailed-out lender Monte dei Paschi di Siena launched a $13.9 billion all-share buyout offer for Mediobanca, in the latest surprise twist of a complex Italian banking saga.
- Burberry reported a smaller-than-expected 4% drop in quarterly comparable store sales, helped by a stronger holiday season in the United States, an encouraging step in the British luxury brand's turnaround efforts.
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- It's a big week ahead as the US Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025.
- In the US, heavyweights including Apple and Tesla report earnings.
- European companies are set to deliver a third straight quarter of profit growth, which may help to maintain newfound investor enthusiasm for the region.
- In China, millions of people will return to their hometowns to celebrate the Lunar New Year festival with family. Authorities are especially keen for people to open their wallets this year to boost the sluggish economy.
- Here's your guide to the week ahead in global markets.
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A worker arranges incense sticks to be dried ahead of the Lunar New Year celebrations in Vietnam. REUTERS/Athit Perawongmetha |
A selection of our top photography from around the world this week. |
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The Triassic Period creature Nyasasaurus is seen in this illustration |
Researchers are proposing a surprising location for the birthplace of dinosaurs, based on the locations of the currently oldest-known dinosaur fossils, the evolutionary relationships among these early forms and Earth's geography during the Triassic Period. |
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