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New US envoy to Venezuela arrives in Caracas as administration aims to reopen embassy

Laura F. Dogu, the United States’ new top envoy to Venezuela, arrived in Caracas on Saturday as the Trump administration aims to reopen an embassy there for the first time in nearly seven years.

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Jan 31 • 5:13 PM EST • Politics • cnn.com
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Scott Galloway urges Big Tech boycott to influence Trump ICE policies

Small businesses struggled to observe the national shutdown to protest ICE. Here's why a boycott of companies like OpenAI and Amazon could be easier and more effective.

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Jan 31 • 4:45 PM EST • Business • businessinsider.com
House minority leader says Republicans can’t rely on Democrats to pass funding bill, raising fears of longer shutdown

House Minority Leader Hakeem Jeffries told Speaker Mike Johnson on Saturday that Democrats won’t help Republicans pass a funding bill to reopen the government if they attempt to fast-track the measure Monday, according to two sources familiar with a call between the leaders.

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Jan 31 • 4:36 PM EST • Politics • cnn.com
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Facing Immigration Backlash, Trump Called Schumer to Cut a Deal

The president and the top Senate Democrat, who are often at each other’s throats, agreed to try to keep the government open and to start talks on new limits on federal immigration agents.

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Jan 31 • 4:21 PM EST • Politics • nytimes.com
Anti-ICE protests impacting some Southern California businesses

Some businesses chose to close, while others remained open but supported the cause in different ways.

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Jan 31 • 12:53 PM EST • Business • foxla.com
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We're a week away from the Opening Ceremony: From the Sports Desk

The opening ceremony is next Friday. Let the Games begin.

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Jan 31 • 10:00 AM EST • Sports • nbcnews.com
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Ravens Lose Offensive Assistant as Danny Breyer Heads to Browns

Ravens offensive assistant Danny Breyer is joining the Browns as pass game coordinator, creating another opening on Jesse Minter’s staff.

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Jan 31 • 9:35 AM EST • Sports • ravenswire.usatoday.com
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Recent openings, closings and other updates to Pierce County's business scene

Explore recent openings and other updates to Tacoma-area businesses.

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Jan 31 • 9:00 AM EST • Business • thenewstribune.com
Novak Djokovic and Carlos Alcaraz’s Australian Open final and the weight of tennis history

Carlos Alcaraz and Novak Djokovic are pursuing sporting greatness of different kinds in Melbourne.

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Jan 31 • 7:32 AM EST • Sports • nytimes.com
Rybakina beats Sabalenka for first Australian Open title

Elena Rybakina inflicts further Grand Slam final heartbreak on Aryna Sabalenka with a stunning third-set fightback to win the Australian Open.

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Jan 31 • 7:00 AM EST • Sports • bbc.com
Scientists finally explain statin muscle pain

Statins are a cornerstone of heart health, but muscle pain and weakness cause many patients to quit taking them. Scientists have now identified the precise molecular trigger behind these side effects. They found that statins jam open a critical muscle protein, causing a toxic calcium leak. The discovery could lead to safer statins that keep their life-saving benefits without the muscle damage.

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Jan 31 • 7:00 AM EST • Science • sciencedaily.com
What’s open and closed in this government shutdown

If you're watching this, the government is shut down. Reporter Jacob Bogage breaks down what services are open and closed during the shutdown.

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Jan 31 • 7:00 AM EST • Politics • washingtonpost.com
Australian Open: Elena Rybakina defeats world No 1 Aryna Sabalenka to win maiden title in Melbourne

Elena ​Rybakina outhits world No 1 Aryna Sabalenka to ‍win her maiden Australian Open; Watch the ATP and WTA Tours live on Sky Sports Tennis and Sky Sports+, streaming service NOW and the Sky Sports app

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Jan 31 • 6:07 AM EST • Sports • skysports.com
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Olympic program review opens path to relax Winter Games mandate for only sports on snow and ice

Olympic winter sports currently must be played on snow and ice

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Jan 31 • 3:33 AM EST • Sports • foxsports.com
GB's Skupski wins Australian Open doubles title

Great Britain's Neal Skupski and American partner Christian Harrison win the Australian Open men's doubles title in their first Grand Slam together.

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Jan 31 • 2:22 AM EST • Sports • bbc.com
Tigers take care of business at Woodland Hills

North Allegheny traveled to Woodland Hills High School on Friday night to take on the Wolverines in a Section 1-6A battle. The Tigers took care of business defeating Woodland Hills, 44-11. NA jumped all over the Wolverines defensively only allowing one field goal in the opening frame to lead 15-3 after a quarter of play…. More »

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Jan 31 • 12:10 AM EST • Sports • athletics.northallegheny.org
Tigers take care of business at Woodland Hills

North Allegheny traveled to Woodland Hills High School on Friday night to take on the Wolverines in a Section 1-6A battle. The Tigers took care of business defeating Woodland Hills, 44-11. NA jumped all over the Wolverines defensively only allowing one field goal in the opening frame to lead 15-3 after a quarter of play…. More »

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Jan 31 • 12:10 AM EST • Business • athletics.northallegheny.org
Fort Wayne businesses closed in solidarity with ‘ICE out’ day of action

On the front doors of these businesses are signs signaling to customers that their store is not open. Local vegan and gluten-free bakery Good Bread was one of those businesses.

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Jan 30 • 9:40 PM EST • Business • wane.com
CSC opens investigation into LSU for possible unreported NIL deals, per report

The CSC will look into whether LSU failed to properly report NIL deals

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Jan 30 • 7:21 PM EST • Sports • cbssports.com
PSA: OpenAI will soon remove several models from ChatGPT

From time to time, OpenAI removes older models from ChatGPT’s model picker, as users become accustomed to newer ones. Here are the details.

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Jan 30 • 6:34 PM EST • Technology • 9to5mac.com
2026 CBK, Heisman, Tennis Odds: Chris ‘The Bear’ Fallica’s Expert Picks, Best Bets

“The Bear" is back with a few futures best, as well as a wager on one of his favorite sporting events, the Australian Open.

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Jan 30 • 5:14 PM EST • Sports • foxsports.com
College Sports Commission opens first public investigation, targets LSU for NIL reporting

The College Sports Commission is investigating whether an LSU staffer failed to report one or more NIL deals.

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Jan 30 • 5:09 PM EST • Sports • nytimes.com
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Essentia Health announces plans to develop family medicine clinic in downtown Moorhead

As Moorhead continues to grow, Essentia Health is excited to announce plans for a new family medicine clinic in downtown Moorhead.

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Jan 30 • 3:13 PM EST • Health • essentiahealth.org
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Black History Month at Hofstra Showcases Art, Politics, Culture, and Business

Black History Month, and every month, is an opportunity to educate, listen, and lift one another. Hofstra University offers a comprehensive selection of events, covering the arts, politics, history, and culture. Our Unfinished Revolution(s)Hofstra University Museum of ArtOpening reception, Th

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Jan 30 • 12:51 PM EST • Politics • news.hofstra.edu
Dozens of Businesses Close, Show Support for National ICE General Strike

Other restaurants and retailers remained open but shared messages of solidarity and plan to donate proceeds.

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Jan 30 • 12:05 PM EST • Business • clevelandmagazine.com
Closures, slow foot traffic hit Greater Cincinnati businesses after snowstorm

Businesses around Greater Cincinnati are struggling with reduced foot traffic and sales as they reopen following a winter storm.

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Jan 30 • 10:29 AM EST • Business • wlwt.com
State Affairs Florida launches with Dara Kam, Jim Saunders

'Opening a Tallahassee bureau lets us bring depth, context and institutional knowledge to coverage that too often gets flattened by daily churn.'

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Jan 30 • 9:55 AM EST • Politics • floridapolitics.com
Australian Open: Novak Djokovic dethrones Jannik Sinner in five-set classic to set up final with Carlos Alcaraz

Novak Djokovic rolls back the years to reach his first Grand Slam final since Wimbledon in 2024, dethroning Jannik Sinner to set up a meeting with Carlos Alcaraz; watch the ATP and WTA Tours live on Sky Sports Tennis and Sky Sports+, streaming service NOW and the app

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Jan 30 • 9:45 AM EST • Sports • skysports.com
Local Small Business Owner Opens Pak Mail Inside of His Existing Accounting Business in Springville, Alabama--Offering Shipping and Office Services

Annex Brands, Inc., one of the leading franchisors in the packing, shipping and office services industries, is excited to announce the opening of its newest Pak Mail location inside of Chapman Accounting Solutions in Springville, AL to new owner, Edward Chapman. This new Pak Mail is set to offer a wide range of essential shipping and office services to the local community, making it easier to provide more service to more people in more places.

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Jan 30 • 8:32 AM EST • Business • finance.yahoo.com
The latest Lehigh Valley business openings and closings

Here are January’s business openings and closures in the Lehigh Valley.

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Jan 30 • 8:00 AM EST • Business • mcall.com
These Utah businesses will close — or donate from their sales — Friday to protest Minnesota immigration crackdown

One Salt Lake City bookstore will be closed Friday, but will reopen in the evening so people can gather to write letters or make safety kits. Another will stay open and donate a portion of its sales to a west-side school.

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Jan 30 • 8:00 AM EST • Business • sltrib.com
Sports quiz of the week: Australian Open, Winter Olympics and Six Nations

Have you been following the big stories in football, rugby, cycling, tennis, cricket, NFL and winter sports?

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Jan 30 • 7:43 AM EST • Sports • theguardian.com
S.F. opens health clinic to tackle pollution in Bayview-Hunters Point — a long time coming

Fears of exposure to radiation from the Hunters Point Shipyard prompted the Department of Public Health to open the clinic.

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Jan 30 • 7:00 AM EST • Health • missionlocal.org
Australian Open women's final: How to watch Sabalenka vs. Rybakina

Three years after Aryna Sabalenka defeated Elena Rybakina in the 2023 Australian Open final, they will face off in the Melbourne major final again.

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Jan 30 • 6:06 AM EST • Sports • usatoday.com
Texas Health Resources buys naming rights for new Mansfield stadium

Texas Health Resources is the naming rights sponsor of Mansfield Stadium, the multi-use soccer stadium complex scheduled to open this summer. The 10-year...

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Jan 30 • 6:00 AM EST • Health • dallasnews.com
Cramping Alcaraz beats Zverev in epic to reach final

A cramping Carlos Alcaraz draws on every physical and mental reserve to beat Alexander Zverev in a five-set epic and reach the Australian Open final.

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Jan 30 • 4:32 AM EST • Sports • bbc.com
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Open Streets are Business Incubators, Yet Another Report Shows - Streetsblog New York City

Want jobs? Keep out the cars.

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Jan 30 • 12:03 AM EST • Business • nyc.streetsblog.org
Northeast, Central Florida businesses say Google review bombers blackmailed them

Since opening his HVAC company in Jacksonville’s Pine Forest neighborhood less than two years ago, Aldi Gjeka has received 277 reviews on Google, 262 of which are five stars. The other 15 are one-star reviews, all of which were written within the same hour earlier this week.

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Jan 29 • 9:45 PM EST • Business • actionnewsjax.com
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Eugene business owners grapple with decision to open or close for Friday’s general strike

The general strike protesting federal law enforcement crackdowns leave business owners contemplating what action is best: close in solidarity or stay open to be of service.

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Jan 29 • 7:56 PM EST • Business • klcc.org
Construction set to begin on new science center for UTampa

The University of Tampa announced that construction will soon begin on a new science center set to open in Spring 2029.

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Jan 29 • 4:27 PM EST • Science • wfla.com
Fitness company to open more health clubs in Birmingham area in 2026

The company is planning at least six health clubs for the Birmingham area.

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Jan 29 • 11:16 AM EST • Health • al.com
Melania Trump reveals advice she gives President Trump — and why she doesn’t watch him on TV all day

Melania Trump opens up in rare interview about her private approach to advising President Donald Trump and her selective media appearances strategy.

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Jan 29 • 9:28 AM EST • Business • foxbusiness.com
Women’s Sports Bar From Northwestern Alumna Opening Near Wrigley Field

After years in Chicago’s nightlife scene, Flores is launching Level Sporting Club to put women’s sports front and center.

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Jan 29 • 9:11 AM EST • Sports • blockclubchicago.org
UNC Health Pardee Open House Hiring Event on Wednesday, Feb. 4

UNC Health Pardee Open House Hiring Event on Wednesday, Feb. 4

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Jan 29 • 7:00 AM EST • Health • pardeehospital.org
Women's sports fans will have a new place to hang out with opening of Level Sporting Club

Founded by former Northwestern basketball player Clarissa Flores, the bar will be near the heart of sports bars crowding around Wrigley Field.

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Jan 29 • 7:00 AM EST • Sports • chicago.suntimes.com
The Jeff Boals Show Returns Tonight at The Gem Sports Bar

ATHENS, Ohio — The Jeff Boals Show returns this Thursday, January 29, on the Ohio Sports Network from Learfield, presented by Holzer Health System. This week, the live broadcast will take place from 6pm-7pm at The Gem Sports Bar. The event is open to the public and free to attend. Join the "Voice of Bobcat Basketball," Jason Toy, and the seventh year head coach of the Ohio Bobcats, Jeff Boals, for a weekly recap and a look ahead at upcoming matchups. This week's special guests include sophomore forward Ayden Evans (Radcliff, Ky.) and freshman forward Jordan Fisher (Pickerington, Ohio)

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Jan 29 • 6:28 AM EST • Sports • ohiobobcats.com
Google Chrome Gets Gemini Side Panel and Agentic Browsing Features

AI-powered browsing features have become a battleground among browser makers in recent months. OpenAI launched its Atlas browser in October, while Microsoft Edge and Opera have also introduced AI assistants and automated browsing capabilities. And now Google is upping the ante. The company has announced a slew of new AI features fro Chrome, including a persistent sidebar for the Gemini chatbot and "auto browse" capabilities that can perform web tasks on your behalf.

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Jan 29 • 5:44 AM EST • Technology • macrumors.com
Iconic sports bar in Palo Alto reopens and prepares for the Super Bowl

Businesses are getting ready for big crowds and watch parties; that includes an iconic spot in Palo Alto that just reopened in time for the Super Bowl.

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Jan 29 • 2:22 AM EST • Sports • nbcbayarea.com
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North Allegheny defeated by Fox Chapel, 44-33

North Allegheny hosted the Fox Chapel Foxes at UPMC Court on Wednesday night in a Section 1-6A contest. Neither offense was very explosive but the Foxes did enough offensively to defeat the Tigers by a score of 44-33. NA got a three-pointer from Will Robertson in the opening frame but trailed 10-5 after a quarter of play. Cole… More »

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Jan 29 • 12:21 AM EST • Sports • athletics.northallegheny.org
Palat scores, assists in Islanders' 5-2 win over Rangers

Ondrej Palat scored the opening goal and added an assist in his debut with the New York Islanders, who defeated their cross-town rival New York Rangers 5-2 on Wednesday night. Simon Holmstrom had a goal and two assists, David Rittich made 14 saves, and the Islanders won their second straight game. Mathew Barzal, Jean-Gabriel Pageau and Emil Heineman also scored.

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Jan 28 • 10:44 PM EST • Sports • sports.yahoo.com
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Bills urged to sign All-Pro weapon for Josh Allen

This would open up a lot of things.

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Jan 28 • 7:30 PM EST • Sports • sportingnews.com
Open Gaming Collective (OGC) formed to push Linux gaming even further

An exciting new announcement is the formation of the Open Gaming Collective, a collaborative organisation between many names in the Linux sphere.

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Jan 28 • 7:06 PM EST • Technology • gamingonlinux.com
As major CEOs respond to ICE Minneapolis crackdown, CNBC survey finds many leaders saying it’s 'not relevant to their business'

Apple, OpenAI CEOs respond to ICE crackdown in Minneapolis, but a CNBC survey finds some business leaders sensing no business need, or fearing Trump backlash.

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Jan 28 • 5:19 PM EST • Business • cnbc.com
Trump endorses Republican Rep. Tom Tiffany in Wisconsin's open race for governor

Trump announced the endorsement in a social media post on Tuesday night, saying Tiffany “has always been at my side.”

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Jan 28 • 4:41 PM EST • Politics • pbs.org
Madina Ismail joins Essentia Health-Fargo to provide hospitalist care

Essentia Health-Fargo is proud to welcome Madina Ismail, an advanced practice registered nurse and certified nurse practitioner who will provide hospitalist care.

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Jan 28 • 4:01 PM EST • Health • essentiahealth.org
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1st Zipps Sports Grill location reopens following Homeland Security raids

Zipps Sports Grill in Tempe, located near McClintock Drive and Warner Road, reopened on Jan. 28, the company announced.

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Jan 28 • 1:08 PM EST • Sports • fox10phoenix.com
Learner Tien shuts down Trump question at Australian Open amid political grilling of American players

American tennis players at the Australian Open continue to face political questions about the Trump administration, with rising star Learner Tien becoming the latest to decline comment.

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Jan 28 • 11:49 AM EST • Politics • foxnews.com
Manu Ginobili among backers of new planned sports performance project in South Florida

Manu Ginobili is investing in South Florida’s potential with a new venture. The former San Antonio Spurs star is part of a group building the Sports Performance Hub in Homestead, Florida. It’ll be a next-generation sports, education and community development project. It will feature a 10,000-seat stadium for Miami FC, sports training facilities, a basketball facility, a boarding school and more. Groundbreaking is set for March, with plans to open in 2028. Ginobili, along with partners like Riccardo Silva and Juan Sebastian Veron, aims to connect sports training with academics. They believe Miami’s multicultural environment makes it an ideal location.

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Jan 28 • 11:36 AM EST • Sports • nbcmiami.com
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Wilmington basketball tournament puts focus on raising funds for mental health

The two-day SL24 Basketball Classic returns to the Chase Fieldhouse to honor Sean Locke, raise funds for mental health programs and encourage open conversations.

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Jan 28 • 10:30 AM EST • Health • whyy.org
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Is Wyoming hoops stuck in purgatory within modern college basketball?

Every season for a reasonably successful mid-major university begins in a similar fashion. They schedule a few in-state cupcakes as the season and home openers before, if they are lucky enough, participating in an ever-declining MTE tournament during the week of Thanksgiving. Throw in a dash of high-major money labeled as “buy games” to help […]

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Jan 28 • 10:00 AM EST • Sports • mwcconnection.com
Trump endorses Republican Rep. Tom Tiffany in Wisconsin's open race for governor

President Donald Trump has endorsed U.S. Rep. Tom Tiffany in Wisconsin’s open race for governor

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Jan 28 • 9:48 AM EST • Politics • washingtonpost.com
Australian Open semifinals set: Novak Djokovic, Jannik Sinner advance

The Australian Open bracket thinned out on the men's and women's side entering the final stage

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Jan 28 • 8:43 AM EST • Sports • cbssports.com
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Recognize Data Privacy Day by protecting your small business from cybercriminals

Your small business likely has had many milestones. Hiring your first employee. Opening your doors for the first time. Making your first sale. But some milestones you’d probably rather avoid — like experiencing your first cyberattack. Think you’re too small to target? Think again. Cybercriminals target companies big and small, so this Data Privacy Day keep your business’s data (and your customers’ data) safe by reviewing the FTC’s updated resources at ftc.gov/cybersecurity.

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Jan 28 • 8:02 AM EST • Business • ftc.gov
OpenAI digs in on a fundamental disconnect in new research: AI is ready for primetime, many businesses aren't

The real challenge isn't building better AI—it's actually using it.

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Jan 28 • 7:52 AM EST • Business • fortune.com
Pegula beats fellow American Anisimova to finally reach Australian Open semis

It marked Pegula’s 14th win in her past 15 matches against fellow Americans.

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Jan 28 • 7:40 AM EST • Sports • spectrumlocalnews.com
Viral AI assistant Moltbot rapidly gains popularity but poses security risks

The open source "Jarvis" chats via WhatsApp but requires access to your files and accounts.

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Jan 28 • 7:30 AM EST • Technology • arstechnica.com
ZZ Top frontman to play solo, 3 plays to open, other things to do

Onstage events include plays and concerts, or if you prefer on-screen entertainment, there's a horror movie marathon. See what else is coming up!

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Jan 28 • 6:02 AM EST • Entertainment • dispatch.com
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Investment and Statecraft: The International Politics of Sovereign Wealth Funds - Georgetown Journal of International Affairs

In 1953, Kuwait established the world’s first sovereign wealth fund to invest the country’s oil revenues and generate returns that would reduce its reliance on a single resource. Since then, over 100 separate funds have been created to preserve national wealth and ensure long-term fiscal sustainability. Today, they manage over $10 trillion in global assets. In this discussion with GJIA, political economist Kathryn Lavelle explains the increasingly novel dynamics that surround fund behavior and what the world can come to expect from their growing presence in international financial markets. GJIA: When it comes to the roles sovereign wealth funds (SWFs) play in global markets and politics, what would you say makes them unique? Kathryn Lavelle: Sovereign wealth funds (SWFs) operate on behalf of governments as investors. That in itself is a strange relationship. Within them, a core contest takes place between the state’s interests (or sovereign) part of the dynamic, and the money interests (or wealth) part of it, and these two aspects are frequently in contradiction, serving fundamentally different goals. SWFs are also quite fascinating because when you talk to the people who manage these funds, they have an interest in convincing you that the decisions are made almost exclusively on a financial basis—they really will go to great lengths to differentiate their government owners and those who make the management decisions. At the same time, these people ultimately answer to someone in power. Therefore, for most SWFs, it remains deeply unclear who is actually making the investment decisions and for what purposes. Of course, it is not always clear how other vehicles, such as hedge funds and private equity make the decisions they do, but I think what a lot of people find particularly disconcerting about SWFs is that they seem to act on behalf of people who have a different identity from their own. People who could be trying to manipulate politics and markets in a way that would have a long-term effect on their own populations. Regular investors come and go at will, and they only share an interest in profit as far as most of us understand. However, SWFs have that extra “sovereign” part right behind them that obscures their true interest. GJIA: These funds can be found in countries all across the globe, in both authoritarian states and democracies. Would you say SWFs differ in their goals and structures between regime-type? KL: It is not necessarily regime type that makes the goals and structures of SWFs different. It has to do with their economies. Let’s look at a country like China. There’s going to be a debate about exactly how to characterize the regime, but it is a country with many different kinds of sovereign wealth funds, and a particularly opaque state connection to each. At one time, some of the state-owned Chinese oil companies created specialized investment vehicles listed outside Chinese markets that excluded parts of the firms that were more associated with human rights violations. At the same time, the China Investment Corporation (CIC)­—China’s largest SWF—draws a lot of concern, not necessarily because of its investment activities, but because of the dynamics of global politics. So, I wouldn’t really tie differences to regime types themselves in a wholesale way, but rather to how such funds are perceived and how they are structured. Saudi Arabia’s SWF is getting all kinds of attention for its involvement in Hollywood, and this takes me right back to when I was a student in the 1980s, when people were concerned about Japanese investment entities buying assets in Hollywood. They aren’t quite the same in financial terms, but it’s the same kind of concern about foreign investment that drives people to be suspicious, and the whole idea that “foreigners are influencing Hollywood.” This holds true across industries, and it reflects where politics are in places like the United States right now. One metric we can try to look at is transparency, where all the funds will tell you, “we are transparent.” The problem you’ll keep running into with this approach is how you value things. When trying to do comparative studies of equity markets, you’ll find that every country doesn’t use Generally Accepted Accounting Principles like we do in the United States. A fund may appear opaque politically and not want people to show what they’re invested in or what their intent with that investment is, but they could also just not be able to report it because of the way it was purchased, or the kinds of shares they purchased. There are some assets out there that really are difficult to put a monetary value on. GJIA: To what extent do domestic politics shape SWF behavior in both the investing “home” country and the recipient “host” country? KL: This depends on the type of fund present and also on the extent to which voters’ political views are able to influence the fund. For example, in a democratic home state like Norway, the SWF doesn’t invest in nuclear weapons or tobacco because of social concerns, but there is a continuing debate over whether it should invest in oil, even though that’s where most of the money comes from. The degree to which Norway will continue to make those investments, and whether they contradict the government’s overall climate goals, is an open question in Norwegian politics. Because of the way the fund’s governance is structured, it may not be easy to resolve. On the other hand, some people consider pension funds, like the State Teachers Retirement System (STRS) in Ohio, to be quasi-SWF. They have a very strict separation between the people who make up the management division and the fund owners. No teacher or professor would want to invest in things that may harm the future of their students. At the same time, a fund manager might see an opportunity in a diversified multinational corporation that offers a good return, despite it deriving part of its revenue from e-cigarettes. These contests are very apparent. Domestic politics can work in host countries too. A good example is Singapore’s SWF, Temasek, investing in Thailand’s telecommunications sector. If you study political economy, you already know that countries everywhere are uncomfortable with foreign ownership of their telecom sectors because a foreign entity could monitor or manipulate our communications with each other. In the case of Temasek, there was significant pushback from Thai citizens surrounding the deal, which went on to influence national political sentiment toward Singapore as a whole, underscoring the risks some SWFs may face with their investment choices. In this case, fund behavior led to the dissolution of the entire Thai government in 2006 and a subsequent coup d’état. GJIA: To address some of this unease, the Santiago Principles were established in 2009 to ostensibly promote trust and transparency. From your perspective, have these mechanisms actually changed fund behavior? KL: In international relations theory, we always like to have a clear set of norms and best practices­—the orientation we want the proverbial ship to be going in. In that regard, the Santiago Principles at least got the discussion going about which direction SWFs should take at a time when people were very skittish about the growing size of these funds. Nobody wanted them to be out there and potentially destabilizing economies, so talks about disclosure, conditions for withdrawal, and the independence of managers were helpful when initiated. The biggest stumbling block was that there wasn’t exactly a good way to measure compliance with the Principles, let alone how to hold funds to them. If you read the Principles, they’re overall quite vague. In general, a fund doesn’t want to reveal how and why they make certain investment decisions because that information is proprietary—a fund makes money off of how and why it makes decisions—so how do you reconcile that with loosely-defined ideas of openness? Some decisions might have a political purpose. The bottom line is that trying to figure out and assign a score to compliance is not easy, and it is therefore the reason why the Santiago Principles never really got off the ground to the point where they could truly direct fund behavior. GJIA: Many emerging markets are looking to build their own SWFs from mineral and oil revenues. Historically, have funds shaped development trajectories in these countries? KL: I think the big story in international emerging markets investment is that the investment is increasingly no longer unidirectional. In the past multinational corporations of primarily Western background were the main form of foreign direct investment in a country. That has changed dramatically, to the point where you have companies from so-called “developing countries” taking over companies in the United States. Therefore, the landscape of international investment has changed, and I think SWFs are certainly a possibility to be the next step in the game. Historically, you didn’t need an entire financial vehicle to reinvest commodity revenues in your country, but as emerging markets get more financially sophisticated, their capacity to operate such funds has increased. SWFs would allow treasuries to move from relying on holding foreign exchange assets like cash or government bonds to having broader financial markets and targeted growth areas, while easing pressure on welfare expenditures. GJIA: With their increasing financial weight, do you see the presence of SWFs being a factor in the political choices leaders will have to make with regard to domestic and foreign policy? KL: It will depend on just how big the funds get. One of the reasons people are already apprehensive is because of their scale, and if certain SWFs in certain countries achieve a large-enough size, the presence will absolutely be cause for concern. The other factor political leaders will have to consider are their objectives. It’s not always clear how to define a SWF, or even where its activity is concentrated, but it is certainly a worry from the perspective of national security of opaque external investment. More than that, I think one of the most interesting questions going forward is whether the United States, the home to the world’s largest financial markets, will develop its own fund, for which the Trump administration announced a plan. There have also been several proposals in Congress. Were it to come into being, it would have tremendous weight. At the same time, one of the hallmarks of U.S. capitalism is a lack of government ownership of shares, so it would not be clear how such a fund would be received in domestic politics, or which direction it would take. Given how politically fragmented the country is, a Democratic administration would likely be concerned about different sectors of the economy, such as healthcare, and want investment there, rather than a Republican administration, which might prefer defense industries. No investment vehicle could thrive under conditions of such instability. Moreover, it remains unclear where the money to fund a theoretical U.S. SWF would come from. It would be a fundamentally different entity depending on whether it is financed with debt, economic surplus, commodities, or the sale of state companies, as in the case of Singapore. If it is debt, or government borrowing of some form, then the fund would have to outperform whatever the cost of that debt is, which is not an easy thing to do. I think our political leaders have enough on their plate. Our system has worked well keeping political and investment functions generally separate. We have seen different forms of business rise and fall, and even the perception of different countries, all of which funds are tied to. Unless a major SWF either starts—like in the case of the United States—or collapses—an issue that concerns the Saudis, I don’t see any political tsunamis on the horizon. . . . Kathryn Lavelle is the Ellen and Dixon Long Professor of World Affairs at Case Western Reserve University in Cleveland, Ohio. Her research explores the exchange between domestic and international and political institutions with a particular emphasis on political economy and multilateralism. Dr. Lavelle’s first book, The Politics of Equity Finance in Emerging Markets, explored the political circumstances that surround large issues of stock in the developing world. After being granted tenure at Case Western, she was awarded an American Political Science Association Congressional Fellowship and named the William A. Steiger fellow, a designation given to the most promising political scientist in her class of fellows. While in Washington during 2006-2007, she worked on the staff of the House Committee on Financial Services on issues related to domestic and international monetary policy. Dr. Lavelle holds a PhD in political science from Northwestern University; an M.A. in government and foreign affairs from the University of Virginia; and a bachelor’s degree in international economics from Georgetown University. She is a permanent member of the New York Council on Foreign Relations. This transcript has been lightly edited for clarity and length. Interview conducted by Sid Mehrotra. Image Credit: Jason Leung, Unsplash Content Licenses, via Unsplash

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Jan 28 • 6:00 AM EST • Politics • gjia.georgetown.edu
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Barcelona superstar sets sights on Lionel Messi’s Champions League record

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Australian Open: Novak Djokovic survives 2-set deficit after opponent Lorenzo Musetti retires with injury

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Alamance County thaws after winter storm: Roads clear, businesses reopen
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Trump Administration declares pristine Alaskan seafloor “open for business,” mocks environmental safeguards - Greenpeace

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Jan 27 • 9:20 PM EST • Business • greenpeace.org
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Jan 27 • 7:00 PM EST • Technology • bloomberg.com
Evansville business agrees to put up a fence and stop burning materials

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Science foundation targets National Center for Atmospheric Research for breakup

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Another strike sends 31,000 Kaiser Permanente health care workers to picket lines

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Another strike sends 31,000 Kaiser Permanente health care workers to picket lines

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Jan 27 • 4:56 PM EST • Health • newsday.com
Another strike sends 31,000 Kaiser Permanente health care workers to picket lines

An estimated 31,000 registered nurses and other front-line Kaiser Permanente health care workers launched an open-ended strike this week in California and Hawaii to demand better wages and staffing

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Should the 49ers try to re-sign Jauan Jennings?

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Amanda Anisimova defends right to avoid 'clickbait' questions about US politics at Australian Open

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Orthopedic and sports medicine specialist Dr. Temitayo Olabisi joins Essentia Health-32nd Avenue Clinic

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On Immigration, the G.O.P. Finds Itself in a Shocking Place: On Defense

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OpenAI’s latest product let’s you vibe code science

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Business Notes: Jamestown Pie to return under new name, wine bar to open soon

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Resident Evil Requiem Not An Open-World Game

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National retail chain closing its clothing stores across LA, including at the Riverwalk outlets

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Asheville City Council approves $15.5M in funding for Small Business Support Program - The City of Asheville

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Veolia Expands US Hazardous Waste Business

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Penn State Health is offering free skin cancer screenings – here's how to sign up

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MUSC Health celebrates opening of Clements Ferry Pavilion with local leaders

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Cole Palmer transfer news: Chelsea view England international as 'untouchable' amid reported links to Man Utd

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Uptown car wash site hits market, reopening debate over future of Tchoupitoulas corridor

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Australian Open 2026: Coco Gauff smashes racket after loss, Carlos Alcaraz wins in straight sets

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Jan 27 • 8:21 AM EST • Sports • sports.yahoo.com
Protests in Iran: Ali Karimi leads sports' call for support

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The Download: OpenAI’s plans for science, and chatbot age verification

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Jan 27 • 8:10 AM EST • Science • technologyreview.com
Climate-risk scores shape billion-dollar decisions, and new study says science behind them needs to be more transparent

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Jan 27 • 7:00 AM EST • Science • news.rice.edu
Pitt business and education programs rank among U.S. News & World Report’s Best Online Programs

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Jan 27 • 7:00 AM EST • Business • pittwire.pitt.edu