Incoming president has promised retaliation against his opponents. Plus, billionaire wealth grew $2tn in 2024

Good morning.

The United States braces for a new era of disruption and division on Monday with Donald Trump scheduled to be sworn in as its 47th president, promising a blitz of executive orders and radical shake-up of the global order.

What did Trump promise yesterday? “We’re going to stop the invasion of our borders … We’re going to unlock the liquid gold that’s right under our feet … We’re going to bring back law and order to our cities … We’re going to get radical woke ideology the hell out of our military.”

How are some assessing the Biden administration? Joe Biden was a “remarkably consequential one-term president”, writes Katrina vanden Heuvel. Internationally, Biden “was assuming a world that no longer existed” – with calamitous results – but domestically, Biden “consolidated the break” with “failed market fundamentalism”.

What is the status of the three Israelis? On Sunday, three women held hostage by Hamas in tunnels beneath Gaza – Emily Damari, 28, Romi Gonen, 24 and Doron Steinbrecher, 31 – were released and reunited with their mothers. Videos showed them in apparently reasonable health.

Were there any obstacles? Yes, a three-hour delay to the start of the truce, during which Israeli warplanes and artillery pounded the Gaza Strip. The delay meant a further 13 people were killed, Palestinian health authorities said. At least two missiles hit a family travelling on a donkey cart as they tried to return home, Al Jazeera reported.