Record debt threatens global economy
High debt levels raise questions about the ability to weather future crises, and risks causing market turbulence
High debt levels raise questions about the ability to weather future crises, and risks causing market turbulence
Ambassador David Perdue suggested business ties between the world’s two biggest economies are on more solid ground after their trade war truce last fall.
Trump has laid the groundwork for 'taking over' and 'owning' Gaza in a deal that will enrich his family and associates. Undoubtedly, similar plans are in the works now for Venezuela and beyond.
Federal agents in Maine are now threatening ICE watchers at their homes.Liz Eisele McLellan, a volunteer ICE watcher monitoring the intensifying federal operations in Maine, told the Portland Press Herald that a federal agent came to her home to threaten her. “It was one of the scariest things that ever happened to me,” McLellan said.McLellan said she spoke to one agent, while three cars blocked the street outside. “This is a warning,” one agent said, according to McLellan. “We know you live right here.”McLellan said she called 911 and recounted what had happened to the dispatcher, who told her she should comply with orders from federal agents.Last week, a masked Immigration and Customs Enforcement agent warned a woman filming their activities in Portland that her information would be entered into a “nice little database” that would label her a domestic terrorist.This comes just weeks after an ICE agent shot and killed Renee Good, a 37-year-old mother of two, while she was observing federal immigration operations in Minneapolis. The Press Herald report came out the day before CBP agents shot and killed Alex Pretti, a 37-year-old VA ICU nurse who was attending a Minneapolis protest in the wake of Good’s death.Two people who work as volunteers in Minneapolis, driving supplies to immigrants hiding in their homes from federal agents and following ICE vehicles, told The Atlantic that agents had gone to their homes to threaten them too.While legal threats against observers may sound absurd, a recent security threats assessment leaked from the Department of Homeland Security revealed the department’s intention to broaden the definition of domestic terrorism.Federal officials claimed to have arrested more than 200 people as part of their operations in Maine, and that they are targeting the worst of the worst. But, as is the case in other cities targeted by President Donald Trump’s immigration enforcement operations, local officials and community members say that people without criminal records are being detained too.
Canadian Prime Minister Mark Carney says that the Trump administration is misrepresenting a phone call the two had following Carney’s remarks at the World Economic Forum in Davos, Switzerland.“To be absolutely clear, and I said this to the president, I meant what I said in Davos. It was clear—it was a broader set of issues—that Canada was the first country to understand the change in U.S. trade policy that he had initiated. And we’re responding to that,” Carney told reporters Tuesday. Prime Minister Mark Carney says President Trump called him yesterday. He stands by his Davos comments - and didn’t walk back his statements as US treasury secretary Scott Bessent said he did. pic.twitter.com/Gq9QDq8keo— Judy Trinh (@judyatrinh) January 27, 2026The night before, Treasury Secretary Scott Bessent claimed on Fox News that Carney was “very aggressively walking back some of the unfortunate remarks he made at Davos” in a phone call he had with President Trump earlier in the day. Over the weekend, Trump threatened to impose 100 percent tariffs against Canadian goods if Carney finalized a trade deal with China.China and Canada did reach an agreement on canola oil exports from Canada and Chinese electric vehicles, but Carney ruled out a free trade agreement with Beijing on Monday, and flatly denied Bessent’s description of his conversation with Trump Tuesday morning. “We had a very good conversation on a wide range of subjects, ranging from the situation in Ukraine, in Venezuela, Arctic security. We discussed as well what Canada is doing, positively, and this is the context of our discussion, what Canada is doing positively to build new partnerships around the world,” Carney added. It’s pretty clear that Bessent is trying to save Trump’s dignity after Carney warned last week at Davos that the global trade order is in the middle of a “rupture” thanks to Trump’s economic bullying. Trump did not take the speech well, calling Canada ungrateful for all of the “freebies” he claimed the U.S. has provided over the years, and now Bessent is trying to paint Carney as regretful. However, it’s Bessent who is actually causing economic damage with his words.
Wednesday, January 7 marked a grim milestone for the Prisoners for Palestine campaign. To demand that the United Kingdom stop arming Israel’s genocide in Gaza, the group has been coordinating the largest collective hunger strike in British prisons since the 1980s, when Margaret Thatcher’s government allowed ten Irish Republicans to die rather than grant them status as political prisoners. For protester Heba Muraisi, January 7 was her 66th day on strike, the same day on which Bobby Sands, the most famous of those Irish martyrs, had died. Though Heba was losing her ability to speak, she was determined to continue even in the face of death, saying, “I’m choosing to continue this because for the first time in 15 months, I’m finally being heard.”
“I believe they shouldn’t come to Italy because they don’t guarantee they’re aligned with our democratic security management methods," Milan's mayor told an Italian radio station.