Trump Visit Set to Blot Out Davos Meet

US President Donald Trump pumps his fist as he boards Air Force One upon departure from Joint Base Andrews in Maryland, US, January 12, 2018. PHOTO: Reuters
US President Donald Trump pumps his fist as he boards Air Force One upon departure from Joint Base Andrews in Maryland, US, January 12, 2018. PHOTO: Reuters
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Trump Visit Set to Blot Out Davos Meet

US President Donald Trump pumps his fist as he boards Air Force One upon departure from Joint Base Andrews in Maryland, US, January 12, 2018. PHOTO: Reuters
US President Donald Trump pumps his fist as he boards Air Force One upon departure from Joint Base Andrews in Maryland, US, January 12, 2018. PHOTO: Reuters

Minutes after the White House announced the participation of US President Donald Trump at the World Economic Forum in Davos, speculation began between journalists and politicians about the content of his speech Thursday, whether he would adopt a conciliatory tone or promote his slogan "America First."

Trump's planned visit to the five-day event next week will likely eclipse the long list of other movers and shakers set to attend.

The WEF on Tuesday unveiled its lineup for the annual meeting at the luxury Swiss ski resort town, where this year's focus is on how to create "a shared future in a fractured world."

"We need collaborative efforts," WEF founder and executive chairman Klaus Schwab told reporters in Geneva, warning: "There is today a real danger of a collapse of our global systems... It is in our hands to change the state of the world."

But ironically this year's main attraction will be Trump, who is widely blamed for deepening a number of diplomatic rifts and creating new ones with polarising policy and rhetoric.

Since taking office a year ago, he has doubled down on his "America First" agenda, which stands in stark contrast to the globalization and regulatory integration popular among the Davos crowd.

The forum kicks off Monday and is expected to draw some 3,000 political and business elites, including 70 heads of state and government.

But attention is expected to be focused squarely on Trump, who will be the first sitting US president to attend the meeting since Bill Clinton in 2000.

A string of US presidents have avoided attending the upscale event, fearing a sojourn to a European ski resort would make them look out of touch.

But Trump is expected to use the opportunity to thumb his nose at the elites who flock to Davos -- a festival of globalism drawing many of his most virulent critics.

Trump has sparked alarm over his decision to pull the United States out of the Paris climate accord, as well as his barrage of criticism against the World Trade Organization and various UN agencies.

He has also pushed tensions to the boiling point with nuclear-armed North Korea and more recently reportedly branded Haiti, El Salvador and countries across Africa as "shitholes".

Schwab said he was thrilled that the US president would attend, pointing out that a major topic of discussion at Davos would be "the future of global cooperation" on issues like trade, the environment and the fight against terrorism.

"It is absolutely essential to have President Trump with us," he said.

The White House has said he will be accompanied by a large delegation, including his son-in-law and advisor Jared Kushner, Secretary of State Rex Tillerson and Treasury Secretary Steve Mnuchin.

As something of a counterweight, former US vice president Al Gore and the country's former top diplomat John Kerry, both Democrats, will also be present.

Trump is slated to deliver a speech before the end of the meeting on Friday, WEF said.

This year's line-up will also be headlined by Indian Prime Minister Narendra Modi, who will give the keynote address on Tuesday, and French President Emmanuel Macron, who is scheduled to address the forum on Wednesday.

British Prime Minister Theresa May and her Canadian counterpart Justin Trudeau will attend, as will Israeli premier Benjamin Netanyahu.

The presidents of Brazil, Colombia, Zimbabwe, Switzerland and the European Commission will also be there, along with the kings of Jordan and Spain.

United Nations chief Antonio Guterres will attend, flanked by the heads of the UN agencies for trade, health, labor and human rights, as well as the heads of the World Bank and the International Monetary Fund.

The business world will also be well represented, with the leaders of some 1,900 companies expected to be on hand.

Furthermore, trying to keep in step with the global zeitgeist, WEF organizers boast that the share of women participants this year will be the highest ever at 21 percent.

Among them are high-profile co-chairs including IMF chief Christine Lagarde, head of IBM Ginni Rometty and Norwegian Prime Minister Erna Solberg.

Also, a number of Hollywood stars will also be present this year, including movie legend Cate Blanchette.



Iranian Traders and Shopkeepers Protest as Currency Hits Record Low

 People shop at Tajrish Bazaar in the Iranian capital Tehran on December 29, 2025. (AFP)
People shop at Tajrish Bazaar in the Iranian capital Tehran on December 29, 2025. (AFP)
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Iranian Traders and Shopkeepers Protest as Currency Hits Record Low

 People shop at Tajrish Bazaar in the Iranian capital Tehran on December 29, 2025. (AFP)
People shop at Tajrish Bazaar in the Iranian capital Tehran on December 29, 2025. (AFP)

Iranian traders and shopkeepers staged a second day of protests Monday after the country’s currency plummeted to a new record low against the US dollar.

Videos on social media showed hundreds taking part in rallies in Saadi Street in downtown Tehran, as well as in the Shush neighborhood near Tehran's main Grand Bazaar, which played a crucial role in the 1979 revolution that ousted the monarchy and brought clerics to power.

Witnesses told The Associated Press that traders shut their shops and asked others to do the same. The semiofficial ILNA news agency said many businesses and merchants stopped trading even though some kept their shops open.

There was no reports of police raids though security was tight at the protests, according to witnesses.

On Sunday, protest gatherings were limited to two major mobile market in downtown Tehran, where the demonstrators chanted anti-government slogans.

Iran's rial on Sunday plunged to 1.42 million to the dollar. On Monday, it traded at 1.38 million rials to the dollar.

The rapid depreciation is compounding inflationary pressure, pushing up prices of food and other daily necessities and further straining household budgets, a trend that could worsen by a gasoline price change introduced in recent days.

According to the state statistics center, inflation rate in December rose to 42.2% from the same period last year, and is 1.8% higher than in November. Foodstuff prices rose 72% and health and medical items were up 50% from December last year, according to the statistics center. Many critics see the rate a sign of an approaching hyperinflation.

Reports in official Iranian media said that the government plans to increase taxes in the Iranian new year that begins March 21 have caused more concern.

Iran’s currency was trading at 32,000 rials to the dollar at the time of the 2015 nuclear accord that lifted international sanctions in exchange for tight controls on Iran’s nuclear program. That deal unraveled after US President Donald Trump unilaterally withdrew the United States from it in 2018.

There is also uncertainty over the risk of renewed conflict following June’s 12-day war involving Iran and Israel. Many Iranians also fear the possibility of a broader confrontation that could draw in the United States, adding to market anxiety.

In September, the United Nations reimposed nuclear-related sanctions on Iran through what diplomats described as the “snapback” mechanism. Those measures once again froze Iranian assets abroad, halted arms transactions with Tehran and imposed penalties tied to Iran’s ballistic missile program.


Israel’s Supreme Court Suspends Govt Move to Shut Army Radio

Israeli troops during a military operation in the Palestinian village of Qabatiya, near the West Bank city of Jenin, 27 December 2025. (EPA)
Israeli troops during a military operation in the Palestinian village of Qabatiya, near the West Bank city of Jenin, 27 December 2025. (EPA)
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Israel’s Supreme Court Suspends Govt Move to Shut Army Radio

Israeli troops during a military operation in the Palestinian village of Qabatiya, near the West Bank city of Jenin, 27 December 2025. (EPA)
Israeli troops during a military operation in the Palestinian village of Qabatiya, near the West Bank city of Jenin, 27 December 2025. (EPA)

Israel's Supreme Court has issued an interim order suspending a government decision to shut down Galei Tsahal, the country's decades-old and widely listened-to military radio station.

In a ruling issued late Sunday, Supreme Court President Isaac Amit said the suspension was partly because the government "did not provide a clear commitment not to take irreversible steps before the court reaches a final decision".

He added that Attorney General Gali Baharav-Miara supported the suspension.

The cabinet last week approved the closure of Galei Tsahal, with the shutdown scheduled to take effect before March 1, 2026.

Founded in 1950, Galei Tsahal is widely known for its flagship news programs and has long been followed by both domestic and foreign correspondents.

A government audience survey ranks it as Israel's third most listened-to radio station, with a market share of 17.7 percent.

Prime Minister Benjamin Netanyahu had urged ministers to back the closure, saying there had been repeated proposals over the years to remove the station from the military, abolish it or privatize it.

But Baharav-Miara, who also serves as the government's legal adviser and is facing dismissal proceedings initiated by the premier, has warned that closing the station raised "concerns about possible political interference in public broadcasting".

She added that it "poses questions regarding an infringement on freedom of expression and of the press".

Defense Minister Israel Katz said last week that Galei Tsahal broadcasts "political and divisive content" that does not align with military values.

He said soldiers, civilians and bereaved families had complained that the station did not represent them and undermined morale and the war effort.

Katz also argued that a military-run radio station serving the general public is an anomaly in democratic countries.

Opposition leader Yair Lapid had condemned the closure decision, calling it part of the government's effort to suppress freedom of expression ahead of elections.

Israel is due to hold parliamentary elections in 2026, and Netanyahu has said he will seek another term as prime minister.


Thai Army Accuses Cambodia of Violating Truce with over 250 Drones

Displaced residents rest in a bunker in Thailand's Surin province on December 11, 2025, amid clashes along the Thai-Cambodia border. (AFP)
Displaced residents rest in a bunker in Thailand's Surin province on December 11, 2025, amid clashes along the Thai-Cambodia border. (AFP)
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Thai Army Accuses Cambodia of Violating Truce with over 250 Drones

Displaced residents rest in a bunker in Thailand's Surin province on December 11, 2025, amid clashes along the Thai-Cambodia border. (AFP)
Displaced residents rest in a bunker in Thailand's Surin province on December 11, 2025, amid clashes along the Thai-Cambodia border. (AFP)

Thailand's army on Monday accused Cambodia of violating a newly signed ceasefire agreement, reached after weeks of deadly border clashes, by flying more than 250 drones over its territory.

The Thai army said "more than 250 unmanned aerial vehicles (UAVs) were detected flying from the Cambodian side, intruding into Thailand's sovereign territory" on Sunday night, according to a statement.

"Such actions constitute provocation and a violation of measures aimed at reducing tensions, which are inconsistent with the Joint Statement agreed" during a bilateral border committee meeting on Saturday, it added.

Cambodian Foreign Minister Prak Sokhonn said in remarks aired on state television on Monday that the two sides had discussed the incident and agreed to investigate and "resolve it immediately".

Prak Sokhonn described it as "a small issue related to flying drones seen by both sides along the border line".

Thailand and Cambodia agreed to the "immediate" ceasefire on Saturday, pledging to end renewed border clashes that killed dozens of people and displaced more than a million this month.

The reignited fighting spread to nearly every border province on both sides, shattering an earlier truce for which US President Donald Trump took credit.

Under the agreement signed on Saturday, the Southeast Asian neighbors agreed to cease fire, freeze troop movements and cooperate on demining efforts and combatting cybercrime.