12: The UK became the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership on Saturday, signing its biggest free trade agreement since Brexit. The deal will allow the UK lower trade tariffs with Canada, Mexico, Australia, Brunei, Chile, Japan, Malaysia, New Zealand, Peru, Singapore, and Vietnam — but it’s a far cry from the single EU market Britain left behind.
2: A pair of Russian oil tankers in the Black Sea suffered severe damage in a heavy storm near Crimea on Sunday, with at least one ship breaking up and the other reportedly running aground. Each ship had a capacity for around 3,500 tons of oil, and streaks of petroleum floating on water are visible on video from the accident, but the severity of the spill is not clear.
15 million: ABC News agreed on Sunday to pay $15 millionto settle a defamation lawsuit with President-elect Donald Trump, over comments from anchor George Stephanopoulos regarding Trump being found liable for sexual abuse in a New York court. The money will reportedly go toward a future presidential library.
12: M23 rebels in northeastern Congo were accused of slaughtering 12 civilians during an attack on Friday, just ahead of planned peace talks between Congo and Rwanda, which allegedly backs M23. The talks collapsed, with neither side showing up in Angola, which has been attempting to mediate the conflict.Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.
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A Democrat won Miami’s mayoral race for the first time in nearly 30 years. The Republican defeat will ring some alarms for the party – and their support among Latino voters.
50: Mexico’s President Claudia Sheinbaum is taking a page out of US President Donald Trump’s book, implementing up to a 50% tariff on more than 1,400 products in a bid to boost domestic production.