Trump inauguration live updates: president-elect prepares to take oath of office

Washington ceremony expected to take place indoors at from 11.30am (4.30pm GMT, 3.30am AEDT)

My colleague Joseph Gedeon in Washington DC also had this look at what Trump might have planned for day one:

In the grand theatre of American politics, presidential inaugurations typically follow a familiar script: the oath, the speech, a few carefully chosen executive orders to satisfy campaign promises. Franklin D Roosevelt used his first day to tackle the banking crisis. Barack Obama moved to close Guantánamo Bay (though it remains open). Donald Trump’s first term began with a single executive order targeting Obamacare. Joe Biden signed 17 executive orders on his first day in 2021.

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Axel Rudakubana was referred to counter-extremism scheme three times

Exclusive: Teenager who has admitted murdering three young girls in Southport was first referred to Prevent in 2019

The teenager who murdered three young girls at a dance class in Southport was referred three times to Prevent, the government’s scheme to stop terrorist violence, the Guardian has learned.

One of the referrals followed concerns about Axel Rudakubana’s potential interest in the killing of children in a school massacre, it is understood.

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Farage claims chance he could be PM within four years is up to 25% – UK politics live

Reform UK leader, who is in the US for Trump’s inauguration, says early election is ‘not impossible’

Nigel Farage, the Reform UK leader, thinks that his chances of becoming PM before Donald Trump leaves the White House in January could be as high as 25%. He made the comment in an interview with Dan Walker for 5 News being broadcast tonight. Farage told Walker he did genuinely believe he could be the next PM. And this is what he said when he was asked if that could happen during Trump’s presidency.

Look, Labour have got a whopping great big majority. The only thing that really brings an early election is if we get an economic meltdown.

Now, that is not impossible for two reasons. One, the level of indebtedness is worse than it was in 2008 when we had the big meltdowns. And I think we’ve lived through rocketing stock markets for years. That can’t go on.

For Reform to replace the Tories three things would need to happen. First they would need to sustain their current momentum well into 2025, then there would need to be a tipping point moment when donors, right-wing media and a number of Tory MPs decided to shift support en masse, and then they would have to win more seats in the 2028/2029 election.

The first of these seems fairly likely. The enthusiasm of Reform’s voter base, the weakness of the Tory party, and the media need for narrative all point the same way. The biggest barrier is probably Farage’s ability to manage the negative associations caused by Musk (who is not at all popular in the UK).

It may take a long time but if - and it is a big if - Reform remain a major player in British politics, under the voting system we have, it will ultimately lead to the end of the Tory party as we know it.

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Bitcoin hits new record high, dollar dips ahead of Trump inauguration – business live

Bitcoin rises by 4% past $109,000, reversing earlier losses; Donald Trump meme coin price tanks after wife Melania also launches token

The UK chancellor, Rachel Reeves, will travel to the World Economic Forum’s annual meeting in Davos this week in the hope of convincing some of the world’s largest companies to invest, with allies saying she will use spending cuts rather than further tax increases to meet her own fiscal rules.

At the same time, the Treasury is considering a push to cut the benefits bill, in a move that is causing nervousness among Labour MPs.

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Musk, Zuckerberg and Huang among 5 people now expected to become trillionaires within 10 years – Fortune

  1. Musk, Zuckerberg and Huang among 5 people now expected to become trillionaires within 10 years  Fortune
  2. Get ready for the world’s first trillionaires  CNN
  3. New 'oligarchy' under fire as elites descend on Davos  Yahoo! Voices
  4. Takers Not Makers: The unjust poverty and unearned wealth of colonialism  Oxfam International
  5. Billionaire wealth surges to 'unimaginable' levels in 2024 as Oxfam predicts emergence of five trillionaires within a decade  CNBC
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Shares in Daily Mirror owner Reach rise as it says it will beat profit forecasts

Publisher was helped by strong digital advertising performance towards end of year, say analysts

Shares in the owner of the Daily Mirror rose more than a quarter after the publisher said it expects to beat annual profit expectations, after a strong end to the year and the benefit of deep cost-cutting in recent years.

Reach, which owns national papers including the Mirror and Express and scores of local titles including the Manchester Evening News and the Liverpool Echo, said the profit upgrade was because of a strong final quarter last year.

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Japanese aquarium cheers up lonely sunfish with cardboard cutouts of people – CNN

  1. Japanese aquarium cheers up lonely sunfish with cardboard cutouts of people  CNN
  2. Japan aquarium cheers up lonely sunfish by taping photos of human faces to its tank  The Guardian
  3. Japan: Aquarium sticks human photos on tank for 'lonely' sunfish  BBC.com
  4. Lonely sunfish given cardboard human friends to improve its mental health  The Telegraph
  5. Japanese aquarium places cardboard cutouts of people near sunfish tank to cure its loneliness  New York Post
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Donald Trump takes power as US braces for vengeful second term | First Thing

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.

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Alaska to resume ‘barbaric’ shooting of bears and wolves from helicopters

Renewed program would allow hunters to eliminate up to 80% of the animals on 20,000 acres of state land

Alaska is set to resume the aerial gunning of bears and wolves as a population control measure aimed at boosting caribou and moose herd numbers, even as the state’s own evaluation of the practice cast doubt on its effectiveness.

The renewed program would allow hunters to eliminate up to 80% of the animals on 20,000 acres of state land. Environmental groups opposed to what they label a “barbaric” practice of shooting wildlife from helicopters is more about sport than scientific practice in part because hunters want caribou populations to increase because they are trophy animals.

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KPMG under investigation over audit of gambling company Entain

FRC confirms inquiry into accounting firm’s 2022 audit of Ladbrokes, Coral and Sportingbet owner

The accounting firm KPMG is under investigation by the sector’s UK regulator over its audit of the 2022 accounts of the gambling company Entain.

The Financial Reporting Council (FRC) said its enforcement division would be examining the conduct of the “big four” accounting firm, without saying what the investigation related to.

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Melania Trump launches meme coin as crypto rallies on Donald’s return

President-elect’s $Trump coin more than halved in value before steadily recovering on Sunday

The incoming US first lady, Melania Trump, has followed her husband’s lead by launching a multibillion-dollar cryptocurrency meme coin, amid a rally in digital currencies as he prepares to return to the White House.

The price of the incoming president’s token, $Trump, had tripled to more than $70 (£57), giving it a total value of over $14bn shortly after its launch on Friday. However, the launch of his wife’s coin, $Melania, pared back those gains as investors piled into her rival coin.

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Israel releases 90 Palestinian prisoners as part of ceasefire deal with Hamas – The Associated Press

  1. Israel releases 90 Palestinian prisoners as part of ceasefire deal with Hamas  The Associated Press
  2. As Cease-Fire Takes Hold, Gazans Return to Destroyed Homes: Israel-Hamas War Live Updates  The New York Times
  3. Israelis’ Joy at Hostage Release Is Weighed Down by Dread  The Wall Street Journal
  4. 'Sunshine': 3 Israeli hostages are free after 471 days in captivity. Here's who they are  USA TODAY
  5. Who are the Israelis released on the first day of the ceasefire?  The Associated Press
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David Hockney unveils unseen work for major Paris retrospective

Exclusive: William Blake-inspired artwork to feature alongside new paintings in artist’s biggest exhibition

A previously unseen painting by David Hockney has been revealed for the first time before its unveiling in the biggest exhibition to be devoted to one of Britain’s foremost living artists.

Titled After Blake: Less is Known than People Think, the work will be among hundreds of previously unknown Hockneys that are to be displayed alongside his famous masterpieces at the Fondation Louis Vuitton in Paris from April.

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CNN defamation case foreshadows Trump media crackdown, experts say

Contractor Zachary Young wins damages over Afghanistan story in trial notable for prosecution’s aggressive stance

A combative defamation trial in Florida, involving CNN and a former US security contractor in Afghanistan, is providing a roadmap for a crackdown on media independence during the second Trump administration, experts believe.

The case was already unusual because CNN chose to defend itself and risk millions in damages, while other media giants such as ABC News and the Washington Post have opted to back down in the face of threats of persecution from the incoming president. Ultimately, after 18 hours of deliberation, the jury found that CNN defamed the contractor and awarded Zachary Young $4m in lost business and $1m in personal damages.

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