5 things to know for January 25: Classified documents, Tornadoes, Immigration, Covid, Ukraine

CNN — Rihanna headlining the 2023 Super Bowl halftime show has already generated immense excitement. But if pop music isn’t your genre of choice, you might be happy to hear that the NFL has added a country music star and Hollywood heavyweights to its entertainment lineup. Here’s what else you need to know to Level … Read more

Davos: No recession after all? Business leaders more optimistic as China reopens

Davos, Switzerland CNN — Optimism about the global economy has been rare among business leaders in recent months, with recession fears clouding the outlook and limiting investment. Now, cautious optimism is looking through. That’s largely thanks to China, whose sudden removal of tough coronavirus restrictions late last year is expected to trigger a spending spree … Read more

Covid loan repayment hammers millions of businesses

CNN — At Teddy Restaurant & The Bully Bar near downtown Washington, DC, business has never been the same since the pandemic hit. “It’s very difficult,” said owner Alan Popovsky. “I will still be climbing the hill for a while. Probably for the rest of my life. The pandemic has closed two of Popovsky’s four … Read more

China to end Covid restrictions and quarantine for international travelers

New York CNN — China will drop quarantine requirements for all passengers arriving from outside the country’s borders from January 8, 2023, its top health authority announced on Monday. The country will also remove all other restrictive Covid measures for travellers, including quarantines for positive patients and contact tracing. Authorities said the new policy was … Read more

Chinese exports drop unexpectedly as global slowdown shakes demand

China’s exports and imports contracted unexpectedly in October, the first simultaneous recession since May 2020, as soaring inflation and rising interest rates hammered global demand as new COVID-19 restrictions at home have disrupted production and consumption. October’s dismal trade figures highlight the challenge for policymakers in China, as exports have been one of the few … Read more