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Trump warns UK against doing business with China after Starmer visits Beijing

It comes after the US president threatened to impose tariffs on Canada if it went through with economic deals struck with China

theguardian.com logo
Jan 30 • 4:33 AM EST • Politics • theguardian.com
😐 Neutral (24%)
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One third of surveyed US games industry workers were laid off in the last two years, GDC reports

A report from GDC states one third of surveyed US workers within the industry were laid off in the last two years.

eurogamer.net logo
Jan 30 • 4:32 AM EST • Technology • eurogamer.net
Genes play a big part in driving lifespan, scientists find

How long a person lives may not only be down to their lifestyle - but their genetic makeup too, research suggests.

news.sky.com logo
Jan 30 • 4:04 AM EST • Science • news.sky.com
Dispatch censored on Switch and Switch 2

AdHoc Studio says despite censorship being toggled on by default, "the core narrative and gameplay remains identical to the original release"

gamesindustry.biz logo
Jan 30 • 3:59 AM EST • Technology • gamesindustry.biz
Fantasy Bundesliga: Scout squads for Matchday 20

Bulinews' Fantasy Bundesliga writers have each put together a squad of 10 outfield players for the upcoming matchday.Managers have full freedom with formations, but squads can’t exceed 110M, can onl...

sports.yahoo.com logo
Jan 30 • 3:36 AM EST • Sports • sports.yahoo.com
How liberals lost the internet

In the first part of our series on digital politics, we look at how centrists have lost ground fighting disinformation – when the real battle is over emotion and attention, says digital media academic Robert Topinka

theguardian.com logo
Jan 30 • 3:00 AM EST • Politics • theguardian.com
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Apple buys secretive Israeli AI company Q.ai for $1.6 billion in biggest acquisition of its history

With the move, Apple aims to improve its access to AI technology, which has suffered recent setbacks, especially after several delays in deploying Apple Intelligence's full announced capabilities.

jpost.com logo
Jan 30 • 2:55 AM EST • Technology • jpost.com
The 10 most profitable sports teams in the world right now

Winning championships is the goal, but for the front office, the real scoreboard is the balance sheet. In an era where media rights, luxury suites, and global branding have turned franchises into financial powerhouses, some teams are simply playing in…

thebiglead.com logo
Jan 30 • 2:15 AM EST • Sports • thebiglead.com
Trump to announce Federal Reserve chair nominee today; French economy slows

Rolling coverage of the latest economic and financial news

theguardian.com logo
Jan 30 • 1:50 AM EST • Business • theguardian.com
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Rovers game 'will not define our season', says Fuchs

Newport County boss Christian Fuchs has played down suggestions that Saturday's trip to relegation rivals Bristol Rovers is season defining.

bbc.com logo
Jan 30 • 1:05 AM EST • Sports • bbc.com
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Is Trump’s ICE dream over?

Jonathan Freedland speaks to George Conway, a conservative lawyer and the ex-husband of Trump’s adviser Kellyanne Conway, about what happens next for Trump’s ‘ICE patriots’

theguardian.com logo
Jan 30 • 12:00 AM EST • Politics • theguardian.com
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Sports Take: Super Bowl shows why NFL teams shouldn’t give up on QBs so quickly

The NFL is witnessing a growing trend of teams dumping young quarterbacks after only a few seasons. Stories of some of these quarterbacks reviving their careers prove that teams should invest in these players to develop into pro-level passers. The trend also serves as a warning for up-and-coming college quarterbacks.

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Jan 29 • 11:49 PM EST • Sports • baylorlariat.com
Trump says ‘very dangerous’ for UK to do business with China, after Starmer hails progress in Beijing

US president warns Keir Starmer over closer ties with China during British PM’s trip to secure lower tariffs and better access to Chinese market

theguardian.com logo
Jan 29 • 11:32 PM EST • Business • theguardian.com
Louisville Defeats Stanford 84-66

Louisville played a balanced game against Stanford and never trailed and racked up another 20-win season. They finished with five players in double figures with Mackenly Randolph and Laura Ziegler having career highs. However, Coach Jeff Walz was not impressed with his team’s outing. Coach Walz said, “Actually I don’t think we played well at […]

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Jan 29 • 10:46 PM EST • Sports • sports.yahoo.com
Vikings GM defends decision to move on from Sam Darnold, but admits results 'maybe didn’t play out the way we wanted'
sports.yahoo.com logo
Jan 29 • 9:42 PM EST • Sports • sports.yahoo.com
Face Off! Lopez Stares Down Shakur In New York!

Teofimo Lopez and Shakur Stevenson came face-to-face earlier today (Thurs., Jan 29, 2026) at the conclusion of the pre-fight press conference ahead of their light welterweight title fight this Saturday (Jan. 31) inside Madison Square Garden in New York City, streaming live on DAZN PPV. Watch the press conference video replay here. Stevenson is out […]

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Jan 29 • 7:30 PM EST • Sports • mmamania.com
USA women’s hockey player Britta Curl-Salemme partners with group against trans women in sports

Curl-Salemme's latest collaboration with FIERCE Athlete has been liked by teammates on the U.S. national team and PWHL's Minnesota Frost.

nytimes.com logo
Jan 29 • 7:08 PM EST • Sports • nytimes.com
Testing the system: regional simulation exercises advance global health security

These exercises – South-East Asia Regional Practice of All-Hazard IHR Event Communications (SAPHIRE), Joint Assessment and Detection of Events (JADE) in the European Region, and IHR Exercise Crystal in the Western Pacific Region – bring together National Focal points (NFPs), who play a critical role under the IHR in safeguarding global health security. These annual exercises stress-test IHR event communication procedures and contingency plans, demonstrating a sustained commitment by countries to strengthening preparedness and learning.

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Jan 29 • 7:00 PM EST • Health • who.int
Josh Allen Disrespects Patriots In New Sore Loser Comments

It’s always unlikable when a pro athlete plays the “shoulda, woulda, coulda” game during interviews, and that’s what Buffalo Bills QB Josh Allen just did. In a new presser, Allen insinuated that if he’d made one more play against the Denver Broncos in the Divisional round, the Bills would be headed to the Super Bowl […]

sports.yahoo.com logo
Jan 29 • 6:45 PM EST • Sports • sports.yahoo.com
Brad Treliving defends Maple Leafs’ approach to sports science

The GM responded to criticism over the vacant director of performance role, saying the Leafs have more staff working hands-on with players.

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Jan 29 • 6:38 PM EST • Sports • nytimes.com
Former Rams QB is Eagles new offensive coordinator

Sean Mannion is now calling plays for Jalen Hurts

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Jan 29 • 6:12 PM EST • Sports • turfshowtimes.com
Robert Saleh wants to 'bring a championship home' to Nashville

New Titans coach Robert Saleh thanks Titans brass, players and his family in his introductory press conference on Jan. 29.

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Jan 29 • 5:27 PM EST • Sports • tennessean.com
BHS 25th Anniversary; Dave DeBaker

Airdate: January 29th, 2026 BHS 25th Anniversary; Karen HawleyJanuary 29, 2026BHS 25th Anniversary; Dave DeBaker – Entertainment CorrespondentJanuary 29, 2026BHS 25th Anniversary; House Drummer Owen WoodJanuary 29, 2026BHS 25th Anniversary; Clay & Leslie McAndrews – Bright WallsJanuary 29, 2026BHS 25th Anniversary; Ryan Tarrant – Jackson Co. Chamber of Commerce & Experience JacksonJanuary 29, 2026BHS 25th…

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Jan 29 • 4:43 PM EST • Entertainment • jtv.tv
Mavericks put their hope in health as the 1-year anniversary of the Luka Doncic trade approaches

Anthony Davis and Kyrie Irving didn't play in that 118-105 loss to Minnesota — and might not be in a Mavericks uniform on the same night again — while it was a temporary injury absence for four-time NBA champion Klay Thompson and Cooper Flagg, the rookie No. 1 pick who landed in Dallas by crazy luck and is seen as the next face of the franchise after Doncic. Days shy of a year since the Mavs shipped their global superstar to the Los Angeles Lakers for Davis and rocked the core of a team that was just nine months removed from playing in the NBA Finals, Washington's hope for a return to contention rests with those four teammates being healthy alongside him.

sports.yahoo.com logo
Jan 29 • 3:25 PM EST • Health • sports.yahoo.com
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No. 21 Saint Louis faces Dayton, seeking 15th straight win

Nearing the halfway mark of conference play, No. 21 Saint Louis is well on its way to having the best season by an Atlantic 10 team since Dayton's 29-2 campaign in 2019-20.

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Jan 29 • 3:01 PM EST • Sports • cbssports.com
A No. 1-vs.-2 showdown between Brother Martin and Jesuit has been moved because of weather

Brother Martin and Jesuit will play their rivalry soccer match two days later than originally scheduled.

nola.com logo
Jan 29 • 2:58 PM EST • Sports • nola.com
😐 Neutral (0%)
ICE Will Play a Big Factor in the Maine Senate Race

Seems like Republican senator Susan Collins is trying to take credit for the agency’s removal from the state. Governor Janet Mills, who’s challenging for her seat, had a rebuttal.

esquire.com logo
Jan 29 • 2:50 PM EST • Politics • esquire.com
theScore Bet Customers Flocking to Seahawks in Player Prop Markets

Seattle’s offense has averaged 36 points in the playoffs, so it's no surprise players like Jaxon Smith-Njigba and Kenneth Walker III are popular.

covers.com logo
Jan 29 • 2:19 PM EST • Sports • covers.com
The secret to long life? It could be in the genes after all, say scientists

New study into ‘heritability’ shows that 50% of the variation in human lifespan could be down to genetics

theguardian.com logo
Jan 29 • 2:00 PM EST • Science • theguardian.com
😐 Neutral (5%)
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Browns Myles Garrett takes home yet another award

Garrett is the first player in NFL history to be The Sporting News’ DPOY for 3 consecutive years.

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Jan 29 • 1:45 PM EST • Sports • dawgsbynature.com
The chemical genius of Katharine Burr Blodgett

The story of a woman whose discoveries in materials science quietly shape our everyday world but whose legacy was long eclipsed by the famous scientist she worked with at the General Electric Company

scientificamerican.com logo
Jan 29 • 1:00 PM EST • Science • scientificamerican.com
I built marshmallow castles in Google’s new AI world generator

Starting Thursday, Google AI Ultra subscribers in the U.S. can play around with Project Genie, which is powered by a combination of Google’s latest world model Genie 3, its image generation model Nano Banana Pro, and Gemini.

techcrunch.com logo
Jan 29 • 12:29 PM EST • Technology • techcrunch.com
Jason Kelce lauds Patriots' underappreciated defense before Super Bowl

As Eagles great Jason Kelce sees it, the Patriots' defense deserves more credit for their work in the 2025 NFL playoffs.

patriotswire.usatoday.com logo
Jan 29 • 12:03 PM EST • Sports • patriotswire.usatoday.com
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Beyond Entertainment: When Theatre Makes You Think

Three plays performed as stage readings February 6-8, features an audience talk back afterwards, with complimentary desert and coffee. A fundraiser as well for the Bear Theatre ($25 tickets, $50 for all three shows), located inside Community High...

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Jan 29 • 11:16 AM EST • Entertainment • theroanoker.com
What happened when Starmer met Xi Jinping?

Pippa Crerar joins Kiran Stacey from Beijing as she follows Keir Starmer on his historic trip to China

theguardian.com logo
Jan 29 • 11:09 AM EST • Politics • theguardian.com
🙂 Positive (33%)
'Job interview': With Jay Collins jilted, Paul Renner plays long game in wooing Ron DeSantis

True love waits?

floridapolitics.com logo
Jan 29 • 9:43 AM EST • Politics • floridapolitics.com
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Cairn review – obsession, suffering and awe in a climbing game that hits exhausting new heights

A punishing, beautiful survival game that turns mountaineering into an intimate test of endurance, fixation and emotional resolve – you’ll be in tears by the end

theguardian.com logo
Jan 29 • 9:00 AM EST • Technology • theguardian.com
Top 100 transfer portal players for 2026: Destinations and impact projections

There's a ton of talent on the move, and it has the potential to shift the balance of power across the college football landscape

cbssports.com logo
Jan 29 • 8:37 AM EST • Sports • cbssports.com
The Nex Playground is everything Xbox Kinect wanted to be

The Nex Playground brings motion-tracked games to the entire family. Consider it the best of the Xbox Kinect in a tiny box.

engadget.com logo
Jan 29 • 8:30 AM EST • Technology • engadget.com
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.

chicago.suntimes.com logo
Jan 29 • 7:00 AM EST • Sports • chicago.suntimes.com
Videos emerge of previous confrontation between Alex Pretti and federal officers 11 days before he was killed

On Wednesday The News Movement published a video from 13 January where officers appeared to grab Pretti

theguardian.com logo
Jan 29 • 6:05 AM EST • Politics • theguardian.com
How widespread sports betting affects NFL players: ‘People have said they’d kill me’

We asked NFL players about their interactions with sports bettors and fantasy players — and whether they participate themselves.

nytimes.com logo
Jan 29 • 5:30 AM EST • Sports • nytimes.com
😐 Neutral (8%)
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Mike McCarthy makes bold statement about Steelers’ playcalling

Pittsburgh Steelers head coach Mike McCarthy didn’t mince words regarding the possibility of him calling plays on offense.

steelerswire.usatoday.com logo
Jan 29 • 5:09 AM EST • Sports • steelerswire.usatoday.com
😐 Neutral (3%)
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Full-length Replay: Big East Men's: DePaul at Georgetown

From Capital One Arena in Washington, D.C.

foxsports.com logo
Jan 29 • 3:17 AM EST • Sports • foxsports.com
🙂 Positive (34%)
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75%
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The Polanski effect? These charts reveal how much the Greens have advanced

The Green party has made gains under its leader – but there is also uncertainty ahead

theguardian.com logo
Jan 29 • 2:37 AM EST • Politics • theguardian.com
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Weak dollar drives gold over $5,500 an ounce for first time, amid geopolitical and debasement fears

Rolling coverage of the latest economic and financial news

theguardian.com logo
Jan 29 • 2:24 AM EST • Business • theguardian.com
😐 Neutral (23%)
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Full-length Replay: Minnesota at Wisconsin

From Kohl Center in Madison, Wis.

foxsports.com logo
Jan 29 • 2:08 AM EST • Sports • foxsports.com
Survey of over-50s women finds almost two in three struggle with mental health

Of those affected by midlife challenges such as menopause, nine in 10 do not seek help, therapists’ organisation says

theguardian.com logo
Jan 29 • 2:00 AM EST • Health • theguardian.com
😐 Neutral (-1%)
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Throwback Thursday: Notre Dame Fighting Irish Football VS Michigan, 1992

This week’s Throwback Thursday takes us back to one of the most emotionally charged games ever played inside Notre Dame Stadium — the 1992 showdown between Notre Dame and Michigan. I chose this game in honor of Reggie Brooks, whose birthday we just celebrated on January 19th. Reggie’s legacy at Notre Dame extends far beyond […]

onefootdown.com logo
Jan 29 • 1:51 AM EST • Sports • onefootdown.com
ACU Sports Podcast: Wildcat Annual Fund Director Anthony Egbo

Anthony Egbo, former ACU football player and current director of the Wildcat Annual Fund, talks about ACU Athletics' unique approach to philanthropy, what to expect for ACU Gives, and shares stories of how ACU has impacted student-athletes' lives even if they are only a Wildcat for a year or two.

acusports.com logo
Jan 29 • 1:00 AM EST • Sports • acusports.com
Xi-Starmer meeting: Chinese leader tells PM he hopes both countries can ‘rise above differences’

At Beijing talks, British prime minister Keir Starmer tells Xi he wants a ‘more sophisticated’ relationship with China

theguardian.com logo
Jan 29 • 12:31 AM EST • Politics • theguardian.com
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😐 Neutral (16%)
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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
Are men being misled over testosterone?

In part one of a miniseries exploring the popularity of testosterone, Madeleine Finlay hears from Professor Channa Jayasena of Imperial College London, who is chair of the Society for Endocrinology, about how this craze is manifesting in NHS clinics, and from ‘Sam’ who tells Madeleine about his own journey with the hormone

theguardian.com logo
Jan 29 • 12:00 AM EST • Science • theguardian.com
😐 Neutral (26%)
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A potentially habitable new planet has been discovered 146 light-years away – but it may be -70C

The Earth-size planet HD 137010 b has a ‘50% chance of residing in the habitable zone’ of its sun-like star, scientists say

theguardian.com logo
Jan 29 • 12:00 AM EST • Science • theguardian.com
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Full-length Replay: Round One: Dominica vs Belize

From Estadio Miguel Chocorrón Buitrago in Managua, Nicaragua.

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Jan 28 • 11:47 PM EST • Sports • foxsports.com
Amazon announces 16,000 layoffs as business booms
king5.com logo
Jan 28 • 11:32 PM EST • Business • king5.com
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NWSL players dig into grass vs. turf debate and more at media day

At NWSL media day, players gave their thoughts on the general state of affairs, from fresh starts with new teams to the growth of the league.

usatoday.com logo
Jan 28 • 10:11 PM EST • Sports • usatoday.com
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😐 Neutral (17%)
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Full-length Replay: Big 12 Men's: Baylor at Cincinnati

From Fifth Third Arena in Cincinnati.

foxsports.com logo
Jan 28 • 9:06 PM EST • Sports • foxsports.com
The Most Underrated and Disrespected Player on the Chicago Cubs
roundtable.io logo
Jan 28 • 8:30 PM EST • Sports • roundtable.io
Chicago Bears’ Offensive Player of the Year is Caleb Williams

The Bears name Caleb Williams their Offensive Player of the Year. More here from @thechicagosares.

windycitygridiron.com logo
Jan 28 • 8:00 PM EST • Sports • windycitygridiron.com
Hochul downplays Mamdani's ask for tax hikes

She argued the state has enough cash to pay for current operations.

ny1.com logo
Jan 28 • 7:00 PM EST • Politics • ny1.com
😐 Neutral (10%)
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Geoff Mason, Sports Producer Thrust Into Covering Terrorism, Dies at 85

He played a critical role in ABC Sports’s reporting on the attack by a Palestinian group at the 1972 Summer Games in Munich that left 11 Israeli team members dead.

nytimes.com logo
Jan 28 • 6:30 PM EST • Sports • nytimes.com
Champions League results: Arsenal, Liverpool, Manchester City among teams into round of 16; Benfica score last-gasp goal for play-offs berth
sports.yahoo.com logo
Jan 28 • 5:07 PM EST • Sports • sports.yahoo.com
'Miracle on Ice' players discuss political climate heading into Winter Olympics

Mike Eruzione says the country needs a unifying moment: "We could use an '80 now."

nbcnews.com logo
Jan 28 • 4:09 PM EST • Politics • nbcnews.com
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😐 Neutral (11%)
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42%
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Dispatch Is Censored on Nintendo Switch Due to Platform 'Content Criteria', Developer Says

Dispatch, the superhero workplace comedy made by Telltale veterans at AdHoc Studio, is out now on Nintendo Switch. But a number of excited new and returning players aren't super happy about the release, as it turns out the game has been pretty aggressively censored on the system.

ign.com logo
Jan 28 • 3:05 PM EST • Technology • ign.com
Burner phones and lead-lined bags: a history of UK security tactics in China

Starmer’s team is wary of spies but such fears are not new – with Theresa May once warned to get dressed under duvet

theguardian.com logo
Jan 28 • 2:07 PM EST • Politics • theguardian.com
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😐 Neutral (5%)
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Here's the Secret Galaxy S26 Ultra Display Security Feature You'll...

You guys know what a privacy screen is, right? A privacy screen allows someone viewing a display straight-on to be able to view content, while any off angle brings a tint... #GalaxyS26Ultra #Samsung

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Jan 28 • 2:04 PM EST • Technology • droid-life.com
America’s biggest science loss: federal government loses over 10,000 STEM PhD scientists in 2025 | - The Times of India

Science News: The US federal government suffered one of the most severe losses of scientific expertise in its modern history in 2025, with more than 10,000 STEM PhD.

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Jan 28 • 1:59 PM EST • Science • timesofindia.indiatimes.com
Full-length Replay: Toledo, OH #1

Action from the Tristar Arenacross Series.

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Jan 28 • 1:39 PM EST • Sports • foxsports.com
Amazon layoffs: Leaked memos explain job cuts amid startup shift

Amazon announced 16,000 corporate layoffs on Wednesday. Executives say it aims to transform into the 'world's largest startup' with a cultural reset.

businessinsider.com logo
Jan 28 • 1:28 PM EST • Business • businessinsider.com
🙂 Positive (50%)
Live Nation Entertainment, DF Entertainment, and Dale Play Live Enter Into Long-Term Partnership With Club Atlético River Plate at Mâs Monumental Stadium

Live Nation Entertainment today announced a long-term partnership with Club Atlético River Plate, alongside DF Entertainment, Argentina’s leading international live entertainment company; and Dale Play Live, Argentina’s leading Latin live entertainment company, to further elevate Mâs Monumental Stadium as one of the world’s premier destinations for global touring artists and…

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Jan 28 • 1:00 PM EST • Entertainment • newsroom.livenation.com
Samsung's Cool New Gadget Has The First Display Of Its Kind In The World

The 13-inch Samsung Color E-Paper features the world's first display housing made in part with a bio-resin crafted from phytoplankton, a type of microalgae.

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Jan 28 • 12:44 PM EST • Technology • bgr.com
Sterling agrees Chelsea exit after troubled spell

Raheem Sterling left Chelsea by mutual consent on Wednesday as the former England forward finally ended his nightmare spell at Stamford Bridge."Raheem Sterling has today departed Chelsea Football Club by mutual agreement, bringing to an end three-and-a-half seasons as our player," a Chelsea statement said.

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Jan 28 • 12:03 PM EST • Sports • sports.yahoo.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.

foxnews.com logo
Jan 28 • 11:49 AM EST • Politics • foxnews.com
PlayStation Plus Monthly Games lineup for February 2026 announced

Sony Interactive Entertainment has announced the February 2026 Monthly Games lineup for PlayStation Plus Essential subscribers. All titles will be available from February 3, 2026 until March 2, 202…

gematsu.com logo
Jan 28 • 11:33 AM EST • Technology • gematsu.com
Google DeepMind launches AI tool to help identify genetic drivers of disease

AlphaGenome can analyse up to 1m letters of DNA code at once and could pave way for new treatments

theguardian.com logo
Jan 28 • 11:15 AM EST • Technology • theguardian.com
😐 Neutral (7%)
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Google DeepMind launches AI tool to help identify genetic drivers of disease

AlphaGenome can analyse up to 1m letters of DNA code at once and could pave way for new treatments

theguardian.com logo
Jan 28 • 11:15 AM EST • Science • theguardian.com
😐 Neutral (7%)
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Tory peer’s punishment for fiddling expenses criticised as too lenient

Campaigners demand ‘real consequences’ for peer who claimed expenses for car journeys he did not take

theguardian.com logo
Jan 28 • 10:40 AM EST • Politics • theguardian.com
Deep dive
☹️ Negative (-3%)
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69%
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Scott Pilgrim EX launches March 3

Retro-style side-scrolling adventure brawlerScott Pilgrim EX will launch digitally for PlayStation 5, Xbox Series, PlayStation 4, Switch, and PC via Steam on March 3 for $28.99, developer Tribute G…

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Jan 28 • 10:06 AM EST • Technology • gematsu.com
Internal messages reveal teams, jobs affected in Amazon layoffs

Amazon is laying off 16,000 corporate employees. Internal messages show that many of the affected employees had software engineering roles.

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Jan 28 • 9:56 AM EST • Business • businessinsider.com
Moto G77 launches with a 108MP camera with 3x lossless zoom, 120Hz AMOLED display, and an IP64 rating

Motorola has grown its Moto G series line of smartphones with the launch of a new model. The new Moto G77 has a new camera, a bigger battery, and a brighter display than its predecessor, the Moto G75.

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Jan 28 • 9:00 AM EST • Technology • notebookcheck.net
Amazon cuts about 16,000 corporate jobs in latest round of layoffs

The reductions follow October's layoffs of 14,000 workers

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Jan 28 • 7:35 AM EST • Business • spectrumlocalnews.com
‘I don’t let bullies win’ Ilhan Omar says after attack, as Trump says he will ‘de-escalate’ in Minneapolis

President had mocked congresswoman hours before she was sprayed with unknown substance during a town hall event

theguardian.com logo
Jan 28 • 7:07 AM EST • Politics • theguardian.com
😐 Neutral (0%)
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‘Shameful’: Trump’s EPA accused of prioritizing big business over public health

A year into Trump’s second term, critics say the EPA is rolling back dozens of protections and giving a leg up to polluters

theguardian.com logo
Jan 28 • 7:00 AM EST • Health • theguardian.com
Deep dive
😐 Neutral (5%)
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58%
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‘Shameful’: Trump’s EPA accused of prioritizing big business over public health

A year into Trump’s second term, critics say the EPA is rolling back dozens of protections and giving a leg up to polluters

theguardian.com logo
Jan 28 • 7:00 AM EST • Business • theguardian.com
Deep dive
😐 Neutral (5%)
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Scott Pilgrim EX Arrives In March, Two New Playable Characters Revealed

Two former enemies of Scott now rally by his side.

gameinformer.com logo
Jan 28 • 7:00 AM EST • Technology • gameinformer.com
Centrist ideas no longer wanted in Conservative party, says Kemi Badenoch

Party leader tells MPs that one-nation Tories doubting her rightward direction ‘need to get out of the way’

theguardian.com logo
Jan 28 • 6:45 AM EST • Politics • theguardian.com
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😐 Neutral (11%)
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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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😐 Neutral (19%)
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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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