New role | Chuck Schumer is set to preside over the narrowest possible majority of the U.S. Senate, which will require him to keep his Democratic caucus united while cajoling Republican support for legislation central to Biden's priorities. His success will hinge on building consensus in a chamber still reeling from this week's mob violence and whether he can exploit Republicans' widening disaffection with Trump's tactics, Mike Dorning and Laura Litvan write. - Trump has prepared a sweeping list of individuals he's hoping to pardon before he leaves, including senior White House officials, family members, prominent rappers — and possibly himself.
Cabinet departures | Education Secretary Betsy DeVos became the second cabinet member, after Transportation Secretary Elaine Chao, to resign over the violence by Trump supporters at the U.S. Capitol. Yet as Jennifer Jacobs and Nick Wadhams report, most senior staff, including National Security Advisor Robert O'Brien, White House Counsel Pat Cipollone and Deputy Chief of Staff Chris Liddell, have so far decided against quitting, given concern about creating further instability if they left early. DeVos listens as Trump speaks during the National Teacher of the Year reception in 2018. Photographer: Al Drago/Bloomberg Road worriers | A week after Brexit, the main road to Dover is so quiet officials closed half of it yesterday to pick up litter without causing delays. But, as Joe Mayes reports, many truckers are still warning of chaos as they struggle to adjust to the paperwork required by Britain's departure from the EU, saying drivers are being held up for hours because they lack the right documents. - Read how Marks & Spencer's supply of beloved candies to Ireland, such as Percy Pig sweets, is under threat, as evidence mounts that Brexit is putting more strain on U.K. retailers.
Landmark decision | A South Korean court ruled Japan must compensate women forced to work in World War II-era military brothels, a move that will inflame tensions between the U.S. allies just before Biden takes office. In what's thought to be the first decision ordering Japan to pay damages to what are known as "comfort women," the court ordered payments equivalent to $91,000 for each surviving victim or the families of those who've died. Seeking allies | Saudi Arabia's Crown Prince Mohammed bin Salman has decided that reconciliation is better than conflict as threats from Iran worsen, the economy weakens and Biden, who's promised to treat the kingdom as a "pariah," prepares to take office. First came his move during a televised ceremony in the Saudi town of Al-Ula to end a painful and costly split with Qatar, then the announcement of a cut in oil output by a million barrels a day to support prices for fellow producers. What to Watch - Germany reported the most daily Covid-19 fatalities since the start of the pandemic, Brazil's death toll surpassed 200,000 and the U.K. and Australia toughened controls on international travelers.
- Facebook, Twitter and Google face pressure from U.S. lawmakers, activists and civil rights groups to enact tougher policies and more forcefully purge misleading content and accounts — including those held by Trump.
- Kim Jong Un pledged to improve North Korea's external relations, in some of his first remarks on foreign affairs since Biden's win.
Pop quiz, readers (no cheating!). Which country topped the list of 21 nations that curbed their citizens' web access last year? Send your answers to balancepower@bloomberg.net. And finally ... Another year of record-high heat punctuated a decade-long increase in temperatures that has put global economies on the brink of climate tipping points, EU scientists said. As Jonathan Tirone reports, even with pandemic lockdowns, greenhouse gas emissions continued to accumulate in the atmosphere, pushing the world closer to breaching the 1.5 degree Celsius warming threshold that models predict will lead to more frequent superstorms and higher sea levels. Source: Bloomberg |
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