Plus, ICE agent fatally shoots woman in Minneapolis.

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Daily Briefing

Daily Briefing

By Kate Turton

Hello. An ICE agent fatally shoots a woman in Minneapolis. Meanwhile, Germany's president says the US is destroying the world order, and Nvidia requires full upfront payment for H200 chips in China.

Plus, how cybercriminals plot to rob a target in a week.

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Today's Top News

 

People protest against Immigration and Customs Enforcement in New York City. January 7, 2026. REUTERS/Angelina Katsanis

  • The fatal shooting of a 37-year-old Minnesota mother by a US immigration agent has put the city and much of the United States on edge, with the potential of becoming another flashpoint in a polarized country. Reporter Renee Hickman spoke to the Reuters World News podcast about the incident.
  • US President Donald Trump said that the US would withdraw from dozens of international and U.N. entities, including a key climate treaty and a U.N. body that promotes gender equality and women's empowerment, because they "operate contrary to US national interests."
  • The US could oversee Venezuela and control its oil revenue for years Trump said in an interview. He also appeared to lift a threat to take military action against Venezuela's neighbor Colombia. 
  • German President Frank-Walter Steinmeier has strongly criticized current US foreign policy and urged countries not to let the world order disintegrate into a "den of robbers" where the unscrupulous take what they want.
  • Mark Rubio said he would meet leaders of Denmark next week but signalled no retreat from Trump's aim to take over Greenland as alarmed allies, including France and Germany, were working on a response. This is why everyone's talking about Greenland.
  • Pakistan and Saudi Arabia are in talks to convert about $2 billion of Saudi loans into a JF-17 fighter jet deal, two Pakistani sources said, deepening military cooperation months after the two nations signed a mutual defence pact.
  • The last US-Russia nuclear treaty, New START, is just weeks away from expiring on February 5, and what comes next is uncertain. The two countries, preoccupied by the war in Ukraine, have not held any talks on a successor treaty.
  • When patients stop taking weight-loss medications, the beneficial effects of the drugs on weight and other health issues disappear within two years, a large analysis of earlier research has found.
 

Business & Markets

 

Unveiling of the new F-35 during a rollout ceremony of F-35 fighter jets at the Lockheed Martin Aeronautics facility in Fort Worth, Texas. December 16, 2025. REUTERS/Jeremy Lock

  • Trump vowed to block defense contractors like RTX from paying dividends or buying back shares until they speed up weapons production, a rare presidential strike at Wall Street norms that sent defense stocks lower and signaled sweeping changes for America's military-industrial complex.
  • A forthcoming US Supreme Court decision on Trump's use of emergency tariff powers could jolt financial markets, especially if the justices strike down the tariffs. The case could come as early as Friday. Importers are bracing for $150 billion tariff refund fight if Trump loses.
  • Nvidia is requiring full upfront payment from Chinese customers seeking its H200 artificial intelligence chips, hedging it against ongoing uncertainty over Beijing's approval of the shipments, said two people briefed on the matter.
  • India's finance ministry plans to scrap five-year-old restrictions on Chinese firms bidding for government contracts, two sources said, as New Delhi seeks to revive commercial ties in an environment of eased diplomatic and border tensions.
  • Britons prioritized festive food but thought twice about spending on clothing and gifts over Christmas, trading updates from Tesco, Marks & Spencer and Primark showed.
  • Global drugmakers face a battle in 2026 to secure higher prices for their prescription medicines in Europe after agreeing to cut US pricing last year under pressure from Trump.
 

A scammer’s blueprint: How cybercriminals plot to rob a target in a week

 


A handbook found during a police raid on a compound used by a cyberfraud gang in the Philippines offers detailed instructions in Chinese for conducting scams.

A second handbook, seized during another law enforcement operation in the country and reviewed by Reuters, also gives tips in English and Chinese about how to run romance scams.

Together, they provide a window into the psychological techniques criminal gangs use to beguile a victim into believing they are in a romantic relationship, before duping them into fraudulent investments.  

Read our special report
 

And Finally...

People walk under umbrellas in the snow near the Eiffel Tower in Paris, France. January 5. REUTERS/Abdul Saboo

Snow and ice continue to disrupt Northern Europe, with Britain, France and the Netherlands badly affected. See some of our best images of the extreme weather.

View gallery