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Chapter 1: What are President Trump's plans for the World Economic Forum?
Live from NPR News, I'm Giles Snyder. President Trump is on his way to the World Economic Forum in Davos, Switzerland, where he is preparing to deliver a speech on affordability. But NPR's Mara Liason says his effort to take control of Greenland will likely overshadow his remarks.
Trump isn't following the strategy as far as affordability is concerned. All anyone is talking about in Europe and in Davos, this big business meeting, is Greenland. And he's supposed to be going over there to talk about housing. His advisors have promised a pivot to affordability with a lot of new ideas to bring prices down. He didn't speak about any of them today.
And he even dismissed again the idea that affordability is a real problem.
NPR's Mara Liason reporting on the press briefing Trump gave Tuesday at the White House.
Chapter 2: How is Trump's Greenland acquisition affecting international relations?
NPR's Danielle Kurtzleben reports that Trump is threatening new tariffs on any nation that stands opposed to the U.S. acquiring Greenland.
Trump recently threatened to tariff eight European nations, all of them NATO members, if a deal is not reached for the U.S. to purchase Greenland, part of the Kingdom of Denmark. Trump also texted the prime minister of Norway that the fact he didn't win the Nobel Peace Prize is weighing on his decision making.
Overnight, Trump posted that French President Emmanuel Macron texted him, quote, I do not understand what you are doing on Greenland. Treasury Secretary Scott Besant spoke already at Davos today defending Trump's tariffs.
Tomorrow, Trump will speak, and Thursday will be an event for the Board of Peace that the president created to oversee the reconstruction of Gaza, where Trump has attempted to end the conflict between Israel and Hamas. Danielle Kurtzleben, NPR News.
At the Supreme Court today, the question is whether President Trump can remove members of the nation's central bank, the Federal Reserve Board.
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Chapter 3: What legal challenges is President Trump facing with the Federal Reserve?
NPR's Nina Totenberg reports.
Last August, President Trump tried to fire economist Lisa Cook, appointed to the Fed by President Biden. But the court allowed Cook to remain in office while her case is litigated.
Today at the Supreme Court, President Trump's lawyers will try to frame the case narrowly, alleging that Trump is removing Cook for cause, namely that she falsified documents to obtain loans on two different properties.
She denies any wrongdoing whatsoever, but the Trump administration maintains that once the president has determined he has cause to fire a Fed board member, that decision is not reviewable by any court. That's a big caveat. that essentially would hand Trump and future presidents unrestricted power to replace Fed board members with their personal picks. Nina Totenberg, NPR News, Washington.
U.S. forces have seized a seventh sanctioned oil tanker linked to Venezuela.
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Chapter 4: What recent actions has the U.S. taken regarding Venezuelan oil tankers?
In a social media post, U.S. Southern Command said that U.S. forces apprehended the tanker Tuesday without incident. The seizure is part of the Trump administration's effort to control Venezuela's oil. You're listening to NPR News. The Japanese public broadcaster NHK says a man who admitted to assassinating former Prime Minister Shinzo Abe has been sentenced to life in prison.
Abe was fatally shot about three and a half years ago during a campaign event. New York's Metropolitan Opera has announced layoffs and other measures to try to save $40 million over the next two years. The Met Opera is the largest performing arts organization in the United States. NPR's Anastasia Siolkas reports.
Chapter 5: What financial struggles is the Metropolitan Opera currently facing?
The Met told NPR that these cutbacks and attempts to generate new revenue come as the opera company awaits an infusion of cash in a pending, still tentative deal with Saudi Arabia worth some $200 million. In the meantime, the Met has cut 22 administrative jobs, instituted temporary salary reductions, and postponed the run of one opera previously announced for next season.
The Met is also looking at possibly selling two iconic murals by artist Marc Chagall that frame its entryway. The Chagall murals are valued at some $55 million. If they're sold, the Met expects them to remain in place at the theater, displayed on permanent loan. Anastasia Tsilhukas, NPR News, New York.
President Trump's tariff threats over Greenland are fueling a global sell-off in stocks. Stocks in Europe losing ground and the financial markets in Asia were mixed at the close. Japan's benchmark Nikkei down four-tenths of a percent and the markets in South Korea, Australia, and Taiwan fell.
Investors waiting to hear from President Trump, who was preparing to deliver remarks at the World Economic Forum.
Chapter 6: How are Trump's tariff threats impacting global stock markets?
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