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Semafor • Jan 5, 2026

Ethiopia agrees to restructure $1B bond with international investors

Ethiopia’s finance ministry said the details have been communicated to the International Monetary Fund.

Democracy Now • Jan 5, 2026

"Imperialist Intervention": Law Prof. David Cole on the Illegality of U.S. Attack on Venezuela

The Trump administration did not seek congressional authorization prior to attacking Venezuela, as is required by the Constitution. It also violated “probably the first principle of international law … that countries have to respect their neighbors, and they can’t simply invade a neighbor or any other sovereign nation because they don’t like the way they are running things there,” says law professor David Cole. The attack was clearly not a law enforcement operation, as the administration has claimed, but an “imperialist intervention,” says Cole, who notes President Trump’s comments on extracting oil from the region.

Semafor • Jan 5, 2026

Concerns rise over China’s growing naval might

Beijing recently unveiled research submarines capable of traversing the Arctic.

Semafor • Jan 5, 2026

Tensions rise between Saudis and Emiratis over Yemen

Saudi forces bombed Yemen’s Mukalla port on Dec. 30, targeting what it said were weapons and combat vehicles sent from the UAE to STC forces.

Democracy Now • Jan 5, 2026

"Venezuela Is Not Going to Be a U.S. Colony": Report from Caracas on U.S. Attack & Maduro Abduction

U.S. forces attacked Venezuela and abducted Venezuelan President Nicolás Maduro and his wife in a Saturday night raid. About 80 people were reportedly killed, including 32 Cubans. Democracy Now! speaks with Andreína Chávez, a Venezuelan reporter based in Caracas, who calls the strikes an “imperialist attack.” Trump also said the U.S. would take the oil from Venezuela, which has the world’s largest proven reserves.