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Philadelphia Eagles and Kansas City Chiefs open as conference championship favorites

THE Philadelphia Eagles emerged from their dramatic divisional playoff win with significant injury questions, but also as the title favorite among the remaining teams.

The Eagles are the +180 favorite at DraftKings to win Super Bowl LIV ahead of Kansas City at +240 as the Chiefs chase a three-peat.

Philadelphia survived a late rally from the visiting Los Angeles Rams to win 28-22 in snowy conditions on Sunday. The Eagles were installed as a 4.5-point favorite by DraftKings at home against the Washington Commanders for the NFC Championship. Philadelphia is a 5-point favorite at some other sportsbooks, including BetRivers.

The Eagles’ Super Bowl odds shortened thanks in part to their upcoming opponent, with NFC East rival Washington taking out the No. 1-seeded Detroit Lions on Saturday. Rookie quarterback Jayden Daniels will attempt to continue the Cinderella run, with the Commanders holding by far the longest title odds remaining at +650.

The fourth and final team to join the conference championship fray was Buffalo, which survived a heavyweight battle at home against Baltimore on Sunday night. After Josh Allen was able to outduel fellow MVP candidate Lamar Jackson, he has now booked another highly anticipated playoff date against the Chiefs and Patrick Mahomes.

The Bills have slightly longer Super Bowl odds than the Chiefs at +270, with No. 1-seeded Kansas City installed as a slight 1.5-point favorite by DraftKings and BetRivers for the AFC Championship Game. The teams also met for the AFC title in the 2020 season, when the Chiefs emerged as a 38-24 winner. — Reuters

First Palestinian prisoners, Israeli hostages freed as ceasefire begins

A FREED Palestinian prisoner greets her child after her release from an Israeli jail as part of a hostages-prisoners swap and a ceasefire deal in Gaza between Hamas and Israel, in Ramallah, in the Israeli-occupied West Bank, Jan. 20, 2025. — REUTERS

GAZA/CAIRO/JERUSALEM — Hamas released three Israeli hostages and Israel released 90 Palestinian prisoners on Sunday, the first day of a ceasefire suspending a 15-month-old war that has devastated the Gaza Strip and inflamed the Middle East.

The truce allowed Palestinians to return to bombed-out neighborhoods to begin rebuilding their lives, while relief trucks delivered much-needed aid. Elsewhere in Gaza, crowds cheered Hamas fighters who emerged from hiding.

Fireworks were launched in celebration as buses carrying the Palestinian prisoners arrived in Ramallah on the West Bank, where thousands of people waited to welcome them. Those freed from Israeli prisons included 69 women and 21 teenage boys from the West Bank and Jerusalem, according to Hamas.

In Tel Aviv, hundreds of Israelis cheered and wept in a square outside the defense headquarters as a live broadcast from Gaza showed three female hostages getting into a Red Cross vehicle surrounded by Hamas fighters.

The Israeli military said Romi Gonen, Doron Steinbrecher and Emily Damari had been reunited with their mothers and released a video showing them in apparent good health. Ms. Damari, who lost two fingers when she was shot the day she was abducted, smiled and embraced her mother as she held up a bandaged hand.

“I would like you to tell them: Romi, Doron and Emily — an entire nation embraces you. Welcome home,” Prime Minister Benjamin Netanyahu told a commander by phone.

At Sheba Medical Center, the women were reunited with their families in long embraces that went from tears to laughter. A smiling Ms. Damari was draped in an Israeli flag. They were among more than 250 people abducted and 1,200 killed in a Hamas raid on Israel on Oct. 7, 2023, Israel has said.

More than 47,000 Palestinians have since been killed in Israeli attacks, according to medical officials in Gaza. Nearly the entire 2.3 million population of Gaza is homeless. Around 400 Israeli soldiers have also died.

The truce calls for fighting to stop, aid to be sent in to Gaza and 33 of the nearly 100 remaining Israeli and foreign hostages to go free over the six-week first phase in return for nearly 2,000 Palestinian prisoners held in Israeli jails. Many of the hostages are believed to be dead.

In the north of the Gaza Strip, Palestinians picked their way through a devastated landscape of rubble and twisted metal that had been bombed into oblivion in the war’s most intense fighting.

“I feel like at last I found some water to drink after being lost in the desert for 15 months,” said Aya, who said she had been displaced from her Gaza City home for more than a year.

The first phase of the truce took effect following a three-hour delay during which Israeli warplanes and artillery pounded the Gaza Strip.

That last-minute blitz killed 13 people, Palestinian health authorities said. Israel blamed Hamas for being late to deliver the names of hostages it would free, and said it had struck terrorists. Hamas said the holdup in providing the list was technical.

“Today the guns in Gaza have gone silent,” US President Joseph R. Biden said on his last full day in office, welcoming a truce that had eluded US diplomacy for more than a year. “We’ve reached this point today because of the pressure Israel built on Hamas, backed by the United States.”

For Hamas, the truce provided an opportunity to emerge from the shadows after 15 months in hiding. Hamas policemen dressed in blue police uniforms swiftly deployed in some areas, and armed fighters drove through the southern city of Khan Younis, where a crowd cheered, “Greetings to Al-Qassam Brigades,” the group’s armed wing.

“All the resistance factions are staying in spite of Netanyahu,” one fighter told Reuters. 

TRUMP AIDE: ‘HAMAS WILL NEVER GOVERN GAZA’
There is no detailed plan in place to govern Gaza after the war, much less rebuild it. Any return of Hamas will test the patience of Israel, which has said it will resume fighting unless the militant group is fully dismantled.

Hardline National Security Minister Itamar Ben-Gvir quit the cabinet over the ceasefire, though his party said it would not try to bring down Netanyahu’s government. The other most prominent hardliner, Finance Minister Bezalel Smotrich, stayed in the government but said he would quit if the war ends without Hamas completely destroyed.

The truce took effect on the eve of Monday’s inauguration of US President-elect Donald Trump. Mr. Trump’s national security adviser-designate, Mike Waltz, said that if Hamas reneges on the agreement, the United States would support Israel “in doing what it has to do.”

“Hamas will never govern Gaza. That is completely unacceptable,” he said.

The streets in shattered Gaza City were already busy with groups of people waving the Palestinian flag and filming the scenes on their mobile phones. Several carts loaded with household possessions travelled down a thoroughfare scattered with rubble and debris.

Ahmed Abu Ayham, 40, of Gaza City said that while the ceasefire may have spared lives, the losses and destruction made it no time for celebration.

“We are in pain, deep pain and it is time to hug one another and cry,” he said. — Reuters

Economic grievances fuel support for hostile actions — global survey

A STATUE of a girl facing the Wall Street Bull is seen in the financial district in New York, US, March 7, 2017. — REUTERS

DAVOS, Switzerland — Economic fears have escalated into grievances among 60% of people, with many believing hostile actions such as violence can be necessary to bring about change, according to a global poll by communications firm Edelman.

The survey of the 33,000 respondents across 28 countries showed severe levels of distrust in government and business, with many respondents viewing them as serving the narrow interests of the wealthy while regular people struggle.

It was released as the World Economic Forum annual meeting in Davos was set to kick off under the theme “Collaboration for the Intelligent Age.”

Four in 10 respondents approved of hostile acts to bring about change, including violence or threats, online attacks, intentionally spreading disinformation and damaging property, the survey showed. Among respondents aged 18 to 34, support for hostile actions was even higher at 53%.

The results are “profound,” said the firm’s CEO Richard Edelman. “We’ve now seen a slide over a 10-year period from fears, to polarization to grievance,” as the public becomes more anxious about the cost of living and job security tied to artificial intelligence (AI), he said.

Discontent stems from a lack of hope for the next generation, class divides among low- and high-income people, distrust in leaders including government officials, business executives and journalists, and confusion over credible information, the survey showed.

In Western democracies, respondents’ outlook for their countries being better for the next generation dropped to severe lows of 9% in France, 17% in the UK and 30% in the US. the survey found.

“Moving back from a grievance-based society will require a cross-institution effort to address issues like information integrity, affordability, sustainability, and the future of AI,” Mr. Edelman said. — Reuters

Relieved US TikTok users hope ‘magic’ returns as app is restored

A TikTok logo is displayed on a smartphone in this illustration taken Jan. 6, 2020. — REUTERS

NEW YORK — On Saturday night, for the first time in five years, millions of American TikTok users who logged on for a late-night scroll were met with an unwelcome notice that their beloved app had been banned and shut down.

Their exile lasted less than 24 hours, ending when the Chinese-owned company restored service on Sunday after President-elect Donald Trump, who returns to power on Monday, said he would revive US access. But the TikTok masses had already started contemplating life without the app that has captivated nearly half of all Americans.

As users returned, some cringed at sappy goodbyes posted before the shutdown or thanked Mr. Trump on social media site X, while others wondered whether the TikTok world would ever be the same again.

“We’re back but at what cost?” one user mused on the platform.

Mr. Trump’s action to save TikTok, owned by ByteDance, represents a reversal from his first term in office. In 2020, he aimed to ban the short-video app over concerns the company could share Americans’ personal info with the Chinese government.

More recently, Mr. Trump has said he has “a warm spot in my heart for TikTok,” crediting the app with helping him win over young voters in the 2024 election.

TikTok stopped working for US users late on Saturday before a law shutting it down on national security grounds took effect on Sunday.

Mr. Trump said he would “extend the period of time before the law’s prohibitions take effect, so that we can make a deal to protect our national security.”

“I would like the United States to have a 50% ownership position in a joint venture,” he wrote on his Truth Social platform.

DON’T GO CHANGING
Though relieved, some users wonder if such a change to the company’s ownership structure would ultimately alter the TikTok experience.

“I think back to when Elon bought Twitter and how dramatically it shifted overall sentiment and how people interacted on the app. So that gives me a lot of concern,” said Kelly Sites, 38, referring to billionaire Elon Musk’s purchase of the social media site now known as X.

“I don’t want the magic of the algorithm to change,” said Sites, a part-time content creator based in Kansas City, Kansas.

The algorithms TikTok relies on for its operations are deemed core to the overall operations of ByteDance, which would make a sale of the app with algorithms highly unlikely, Reuters reported in April.

While questions linger about the future of TikTok, some users — particularly those who earn a living from it — lament their trust in the government will never be the same.

“I think that this is a very sad time in history,” said Richard “Chuck” Fasulo, 37, a mechanic and auto-influencer from Duchess County, New York.

Mr. Fasulo told Reuters that the app helped him dig his way out of debt, more than double his income and take his family on vacation for the first time last summer. Confronting the specter of losing the business opportunities that the app provided him was not a pleasant experience.

“I think that myself, like many others, have gained a lot of disdain for the US government,” said Mr. Fasulo, who has about 400,000 followers.

For others, however, relief is the important thing, no matter its source.

“I would choose a political stunt over losing TikTok forever,” Charlotte Warren, 31, a dating and relationships content creator based in Austin, Texas, told Reuters. Without TikTok, she said she could lose up to $60,000 in annual income, over 200,000 followers and was unsure if she would continue posting content to other platforms.

“I just wanted my app back.”  Reuters

Pope Francis says Trump’s planned immigration raids would be a ‘disgrace’

REUTERS

VATICAN CITY — Pope Francis on Sunday criticized President-elect Donald Trump’s reported plan to sharply intensify immigration enforcement actions across the US in the days after his inauguration.

In an Italian television interview, the pontiff said it would be a “disgrace” if Mr. Trump went forward with the plan, in unusually forceful language for the leader of the global Catholic Church.

“It would make the migrants, who have nothing, pay the unpaid bill,” said the pope. “It doesn’t work. You don’t resolve problems this way.”

The pope’s remarks were made during a video link from his Vatican residence with the Che Tempo Che Fa program on Italy’s Channel 9.

Francis, leader of the 1.4 billion member church, is usually careful about weighing in on political issues.

The pope has made welcoming migrants a key theme of his nearly 12-year papacy, and he has previously criticized Mr. Trump’s anti-immigrant rhetoric. During the 2016 election, he said Mr. Trump was “not Christian” in his view.

Incoming Trump administration officials said on Saturday that the president-elect was reconsidering plans for immigration raids in Chicago next week, following reports about the plans.

Earlier on Sunday, Chicago’s Catholic archbishop, Cardinal Blase Cupich, also criticized the planned raids. “This would be an affront to the dignity of all people and communities,” the cardinal said in a statement. — Reuters

Alixia Marie PH creates modern fashion using weaves from Filipino craftsmen

ALIXIA MARIE PH, a young Filipino fashion brand, is supporting local artisans by using indigenous weaves from various regions in modern casual fashion.
“One of our taglines is ‘Carry your culture,’” company owner Alixia Mercado said . “We want to bring their weaves into the spotlight.”

Interview by Edg Adrian Eva
Audio editing by Jayson Mariñas

EXPLAINER | Verde Island Passage eyes for World Heritage Site status

The Verde Island Passage (VIP), dubbed the “Amazon of the Ocean” for its rich marine biodiversity, is now poised to become a UNESCO World Heritage Site. Located between Luzon and Mindoro, it boasts the highest concentration of marine shorefish species in the world.

“We are being recognized as the richest in the realm of the sea, that’s something that we need to protect. We need to have a responsibility over it to keep this intact,” Gela Petines, Founder of Batang VIP said.

Interview by Edg Adrian Eva
Audio editing by Jayson Mariñas

[B-SIDE Podcast] From lab to market: Filipino scientists merge tech innovation with business

Follow us on Spotify BusinessWorld B-Side

Hemogen is a possible business spin-off that’s composed of a team of scientists from the DoST’s Philippine Nuclear Research Institute. With the institute’s radiation technology, the team was able to develop materials that can control severe bleeding in trauma patients. In this B-Side episode, two of the team members talk about Hemogen’s plans for commercializing the product.

Interview by Patricia Mirasol
Audio editing by Jayson Mariñas

Follow us on Spotify BusinessWorld B-Side

China unveils plan to build ‘strong education nation’ by 2035

ALEJANDRO LUENGO-UNSPLASH

 – China issued its first national action plan to build a “strong education nation” by 2035, which it said would help coordinate its education development, improve efficiencies in innovation and build a “strong country”.

The plan, issued by the Communist Party’s central committee and the State Council on Sunday, aims to establish a “high quality education system” with accessibility and quality “among the best in the world.”

The announcement was made after data on Friday showed China’s population fell for a third consecutive year in 2024, with the number of deaths outpacing a slight increase in births, and experts cautioning that the downturn will worsen in the coming years.

High childcare and education costs have been a key factor for many young Chinese opting out of having children, at a time when many face uncertainty over their job prospects amid sluggish economic growth.

“By 2035, an education power will be built,” the official Xinhua news agency said, adding that China would explore gradually expanding the scope of free education, increase “high-quality” undergraduate enrolment, expand postgraduate education, and raise the proportion of doctoral students.

The plan aims to promote “healthy growth and all-round development of students”, making sure primary and secondary school students have at least two hours of physical activity daily, to effectively control the myopia, or nearsightedness, and obesity rates.

“Popularizing” mental health education and establishing a national student mental health monitoring and early warning system would also be implemented, it said.

It also aims to narrow the gap between urban and rural areas to improve the operating conditions of small-scale rural schools and improve the care system for children with disabilities and those belonging to agricultural migrant populations.

The plan also aims to steadily increase the supply of kindergarten places and the accessibility of preschool education. – Reuters

Trump promises harsh immigration limits on inauguration eve

 – Donald Trump told thousands of roaring supporters he would impose severe limits on immigration on his first day in office, vowing to swiftly fulfill the central promise of his presidential campaign at a rally on Sunday inside a packed Washington arena a day before he returns to power.

“By the time the sun sets tomorrow, the invasion of our country will have come to a halt,” he said to cheers at a “Make America Great Again Victory Rally” at the Capital One Arena.

Mr. Trump repeated his campaign pledge to launch the largest deportation effort in U.S. history, which would remove millions of immigrants. An operation of that scale, however, would likely take years and be hugely costly.

The rally resembled the free-wheeling campaign speeches that have been a Trump staple since his first serious White House run in 2016, with the former and future president delivering a mix of boasts, false claims and sweeping promises to the delight of the crowd.

“This is the greatest political movement in American history, and 75 days ago, we achieved the most epic political victory our country has ever seen,” he said. “Starting tomorrow, I will act with historic speed of strength and fix every single crisis facing our country.”

The event marked his first major address in Washington since his speech on Jan. 6, 2021, that preceded the storming of the U.S. Capitol by an angry mob of his supporters. Mr. Trump has said he will pardon many of the more than 1,500 people convicted or charged in connection with the attack.

Mr. Trump’s rally, along with his inaugural address on Monday, could preview the tone he plans to adopt during his second White House term. In recent weeks, Mr. Trump has bewildered foreign allies by musing aloud about taking over Greenland and the Panama Canal and turning Canada into a U.S. state.

He vowed to repeal “every radical and foolish executive order of the Biden administration” within hours of assuming the presidency at noon ET (1700 GMT).

A source familiar with the planning said Trump will take more than 200 executive actions on Monday.

Border security will figure prominently in Mr. Trump’s first executive orders, another source said, including classifying drug cartels as “foreign terrorist organizations,” declaring an emergency at the U.S.-Mexico border and moving toward reinstatement of the “Remain in Mexico” policy that forces non-Mexican asylum seekers to wait in Mexico for their U.S. court dates.

Mr. Trump’s deportation plans have unsettled immigrants subject to removal, including some who immigrant advocates say are law-abiding, long-term residents with U.S.-citizen spouses and children.

Mr. Trump said he would “get radical woke ideologies the hell out of our military” and order the military to construct a missile defense shield over the U.S., though he has yet to offer details on how to carry it out.

He also pledged to release classified documents relating to the assassinations of President John F. Kennedy in 1963 and his brother Senator Robert Kennedy and civil rights leader Martin Luther King Jr., both in 1968.

The indoor hockey and basketball venue will also host some of Monday’s inauguration festivities after forecasts of bitter cold prompted officials to move the planned outdoor events inside.

 

BIDEN’S LAST HURRAH

Earlier on Sunday, Mr. Trump had breakfast with Republican U.S. senators at Blair House, the guest quarters across from the White House. John Cornyn, Susan Collins, Ted Cruz, Rick Scott and Tim Scott were among the attendees seen leaving the event.

He later placed a wreath at the Tomb of the Unknown Soldier at Arlington National Cemetery outside Washington. Mr. Trump saluted the tomb as a military bugler played “Taps.”

Ahead of the event, Mr. Trump’s fans, many dressed in the campaign’s trademark red jackets and MAGA hats, waited in a cold, driving rain along several downtown Washington blocks, some chanting “USA! USA!”

Val Tordjman, 58, had traveled across the country from Denver with tickets to watch the inauguration. When he heard the ceremony was being moved inside, notably cutting the size of the in-person audience, he said, “I felt like crying.”

Mr. Tordjman said he planned to spend the night on the street next to the arena, despite temperatures forecast to plunge to around 19 degrees Fahrenheit (-7 degrees Celsius). He said he had yet to see Trump in person.

“This is a once in a lifetime opportunity,” he said.

Large swaths of the streets around the U.S. Capitol and White House have been blocked off by steel fences since last week, and police were visible throughout the city.

TikTok CEO Shou Zi Chew planned to attend the rally, hours after the company announced it was restoring its service thanks to Trump’s promise to delay a U.S. ban that took effect on Sunday. Chew is also expected to join other tech executives at Trump’s inauguration on Monday, including the world’s richest man, Elon Musk, a close Trump confidant who made a brief appearance on stage with Trump.

Mr. Trump took credit for bringing TikTok back online and said the U.S. would do a “joint venture” to save the app alongside bidders to buy the company.

President Joe Biden, meanwhile, made his last official trip as president on Sunday to Charleston, South Carolina, to mark Martin Luther King Jr. Day, which is also on Monday. He attended services and spoke about King’s legacy at Royal Missionary Baptist Church, while also urging despondent fellow Democrats not to give up hope.

Mr. Trump will take the presidential oath of office inside the rotunda of the Capitol building after cold weather prompted organizers to move the ceremony indoors. Approximately 25,000 law enforcement personnel will be on hand to provide security. – Reuters

Malaysia central bank to hold key rate at 3.0% through end-2025

REUTERS

 – Bank Negara Malaysia (BNM) will keep its key policy rate unchanged at 3.00% for the 10th consecutive meeting on Wednesday and maintain it there throughout this year as economic growth remains strong and inflation stays under control, a Reuters poll found.

While Malaysia’s economy is expected to post strong growth of 5.1% last year, inflation – 1.8% in November – has remained largely subdued, suggesting BNM will be in no rush to cut rates as it aims to avoid further weakening of the ringgit.

The currency has depreciated about 2.3% since Donald Trump’s victory in the U.S. presidential election in November.

All 30 economists in the Jan. 10-17 Reuters poll predicted BNM would leave its overnight policy rate at 3.00% on Jan. 22 and maintain it there throughout the year, a view unchanged for over a year.

This contrasts with other central banks in the region – Bank Indonesia, the Bank of Thailand, the Philippine central bank and the Bank of Korea – which began their easing cycles in 2024.

“The strength in the economy, exceeding its growth target in 2024 means, BNM is in no hurry to cut rates to support growth, and inflation is well under control, meaning there is no need to increase rates too,” said Heron Lim, an economist at Moody’s Analytics.

While BNM does not have a currency mandate, its November policy statement indicated a more cautious approach due to the possibility of increased volatility in the ringgit, driven by a stronger dollar and heavier tariffs under Trump.

The central bank’s outlook aligns with poll results, which suggest it will avoid easing this year to prevent the currency from weakening further.

“The slower easing cycle from the U.S. Fed means, BNM will have to weigh the strength of the currency, but it will likely need to wait for more clarity from the U.S. Fed before it acts,” Lim added.

Median forecasts showed economic growth in Malaysia would average 4.7% in 2025 and 4.6% in 2026, while inflation will average 2.4% in 2025 and 2026, broadly unchanged from the last poll.

Even though inflation trended lower in 2024 and growth remained stable, the central bank said in its November statement it would remain vigilant about domestic inflation and growth trajectories going into 2025.

“We think economic growth will soften further. But with inflation set to rise on the back of subsidy cuts, the central bank will keep interest rates unchanged for the foreseeable future,” wrote Gareth Leather, senior Asia economist at Capital Economics. – Reuters

Trump says Apple CEO to make large investment in US

FILE PHOTO | By Official White House Photo - https://www.whitehouse.gov/briefings-statements/photos-of-the-week-042718/, Public Domain, https://commons.wikimedia.org/w/index.php?curid=71707805

 – U.S. President-elect Donald Trump said on Sunday he spoke with Apple CEO Tim Cook.

“He said they’re going to make a massive investment in the United States because of our big election win,” Mr. Trump said at a rally ahead of his inauguration on Monday.

The Cupertino, California-based company did not immediately respond to a request for comment.

Apple said in 2021 that it has plans to commit $430 billion in U.S. investments and add 20,000 new jobs across the country over a five-year period. – Reuters

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