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Marco Rubio admits Trump confused Iceland with Greenland
Secretary of State Marco Rubio admitted during a Senate hearing on Jan. 28 that his boss confused Iceland with Greenland during a speech last week.
Browns defensive coordinator Jim Schwartz reportedly wants 'out' after being passed over for head coaching job
How Oprah Winfrey has turned her weight-loss journey into a business
Oprah Winfrey's newest book, "Enough," is about her relationship with weight-loss drugs. Since the '90s, she has been combining her health with business.
Snap is Spinning Out Its Specs AR Glasses Business
The subsidiary, Specs Inc., will keep focusing on products that build on the company's Spectacles, which create mixed-reality experiences for wearers.
iOS 26.2.1—Update Now Warning Issued To Millions Of iPhone Users
Apple has released iOS 26.2.1, an important update that all iPhone users should apply now. Here's what you need to know.
Why being a night owl may be worse for your heart
Bad news, night owls: Staying up late can be bad for your heart. But there's good news, too.
Google DeepMind launches AI tool to help identify genetic drivers of disease
AlphaGenome can analyse up to 1m letters of DNA code at once and could pave way for new treatments
Google DeepMind launches AI tool to help identify genetic drivers of disease
AlphaGenome can analyse up to 1m letters of DNA code at once and could pave way for new treatments
Business groups back freight brokers in Supreme Court trucking liability fight
U.S. Chamber of Commerce, National Retail Federation among those supporting C.H. Robinson in the brief.
Business groups back freight brokers in Supreme Court trucking liability fight
U.S. Chamber of Commerce, National Retail Federation among those supporting C.H. Robinson in the brief. The post Business groups back freight brokers in Supreme Court trucking liability fight appeared first on FreightWaves.
Tory peer’s punishment for fiddling expenses criticised as too lenient
Campaigners demand ‘real consequences’ for peer who claimed expenses for car journeys he did not take
Maduro was an 'impediment to progress' and refused deal, Rubio says
Secretary of State Marco Rubio made the comments at a Jan. 28 Senate hearing on Venezuela.
The Odds: Is DHS Secy. Noem becoming an unavoidable political problem for President Trump?
Ranking 2026 Big Ten football schedules from easiest to toughest
Big Ten heavyweights must overcome grueling schedules in 2026 to reach their ultimate destination
As college sports look more professional, sponsors turn to high school
High school sports, some marketers are finding, can provide brands with national reach and inroads with potential future star athletes.
As More Founders Aim To Build Billion-Dollar, One-Person Businesses, New Research Points To High-Potential Niches
A new report points to areas where it is possible for solo founders to grow to $1 billion in revenue using AI, blockchain and a global team of freelancers.
Live updates: Trump issues warning to Iran as Rubio testifies before Senate on Venezuela
The unique sports collectibles that landed The Realest a $12 million investment round
The sports world is taking notice of The Realest's efforts to expand the definition of collectibles.
Do college sports actually want rules? How high should Indiana be ranked? Mandel’s Mailbag
Plus, why the SEC and Big Ten control the CFP, what coaching hires were actually downgrades and Deion Sanders' future at Colorado.
General Dynamics fourth-quarter revenue rises on strong defense business
General Dynamics posted a rise in fourth-quarter revenue on Wednesday, driven by growth in its combat and marine systems segments.
‘I don’t let bullies win’ Ilhan Omar says after attack, as Trump says he will ‘de-escalate’ in Minneapolis
President had mocked congresswoman hours before she was sprayed with unknown substance during a town hall event
Mental health cases in Israel surged 30% during Gaza war, Health Ministry reports
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‘Shameful’: Trump’s EPA accused of prioritizing big business over public health
A year into Trump’s second term, critics say the EPA is rolling back dozens of protections and giving a leg up to polluters
‘Shameful’: Trump’s EPA accused of prioritizing big business over public health
A year into Trump’s second term, critics say the EPA is rolling back dozens of protections and giving a leg up to polluters
Centrist ideas no longer wanted in Conservative party, says Kemi Badenoch
Party leader tells MPs that one-nation Tories doubting her rightward direction ‘need to get out of the way’
Inside the minds of two US Olympians — and how they achieve greatness
U.S. Olympians Erin Jackson and Alysa Liu demonstrate how different personality traits and cognitive styles can lead to elite athletic success.
Dave Chappelle, Jon Stewart to pair up for Ohio show
The two outspoken comedians will talk about independent journalism and other topics during an event benefiting Yellow Springs radio station WYSO.
ZZ Top frontman to play solo, 3 plays to open, other things to do
Onstage events include plays and concerts, or if you prefer on-screen entertainment, there's a horror movie marathon. See what else is coming up!
Who will win next year's Super Bowl? 2026 NFL power rankings using Super Bowl 2027 odds
The 2026 Super Bowl is just over one week away, but who are the early favorites to win a title next season? Here are the latest odds.
Investment and Statecraft: The International Politics of Sovereign Wealth Funds - Georgetown Journal of International Affairs
In 1953, Kuwait established the world’s first sovereign wealth fund to invest the country’s oil revenues and generate returns that would reduce its reliance on a single resource. Since then, over 100 separate funds have been created to preserve national wealth and ensure long-term fiscal sustainability. Today, they manage over $10 trillion in global assets. In this discussion with GJIA, political economist Kathryn Lavelle explains the increasingly novel dynamics that surround fund behavior and what the world can come to expect from their growing presence in international financial markets. GJIA: When it comes to the roles sovereign wealth funds (SWFs) play in global markets and politics, what would you say makes them unique? Kathryn Lavelle: Sovereign wealth funds (SWFs) operate on behalf of governments as investors. That in itself is a strange relationship. Within them, a core contest takes place between the state’s interests (or sovereign) part of the dynamic, and the money interests (or wealth) part of it, and these two aspects are frequently in contradiction, serving fundamentally different goals. SWFs are also quite fascinating because when you talk to the people who manage these funds, they have an interest in convincing you that the decisions are made almost exclusively on a financial basis—they really will go to great lengths to differentiate their government owners and those who make the management decisions. At the same time, these people ultimately answer to someone in power. Therefore, for most SWFs, it remains deeply unclear who is actually making the investment decisions and for what purposes. Of course, it is not always clear how other vehicles, such as hedge funds and private equity make the decisions they do, but I think what a lot of people find particularly disconcerting about SWFs is that they seem to act on behalf of people who have a different identity from their own. People who could be trying to manipulate politics and markets in a way that would have a long-term effect on their own populations. Regular investors come and go at will, and they only share an interest in profit as far as most of us understand. However, SWFs have that extra “sovereign” part right behind them that obscures their true interest. GJIA: These funds can be found in countries all across the globe, in both authoritarian states and democracies. Would you say SWFs differ in their goals and structures between regime-type? KL: It is not necessarily regime type that makes the goals and structures of SWFs different. It has to do with their economies. Let’s look at a country like China. There’s going to be a debate about exactly how to characterize the regime, but it is a country with many different kinds of sovereign wealth funds, and a particularly opaque state connection to each. At one time, some of the state-owned Chinese oil companies created specialized investment vehicles listed outside Chinese markets that excluded parts of the firms that were more associated with human rights violations. At the same time, the China Investment Corporation (CIC)—China’s largest SWF—draws a lot of concern, not necessarily because of its investment activities, but because of the dynamics of global politics. So, I wouldn’t really tie differences to regime types themselves in a wholesale way, but rather to how such funds are perceived and how they are structured. Saudi Arabia’s SWF is getting all kinds of attention for its involvement in Hollywood, and this takes me right back to when I was a student in the 1980s, when people were concerned about Japanese investment entities buying assets in Hollywood. They aren’t quite the same in financial terms, but it’s the same kind of concern about foreign investment that drives people to be suspicious, and the whole idea that “foreigners are influencing Hollywood.” This holds true across industries, and it reflects where politics are in places like the United States right now. One metric we can try to look at is transparency, where all the funds will tell you, “we are transparent.” The problem you’ll keep running into with this approach is how you value things. When trying to do comparative studies of equity markets, you’ll find that every country doesn’t use Generally Accepted Accounting Principles like we do in the United States. A fund may appear opaque politically and not want people to show what they’re invested in or what their intent with that investment is, but they could also just not be able to report it because of the way it was purchased, or the kinds of shares they purchased. There are some assets out there that really are difficult to put a monetary value on. GJIA: To what extent do domestic politics shape SWF behavior in both the investing “home” country and the recipient “host” country? KL: This depends on the type of fund present and also on the extent to which voters’ political views are able to influence the fund. For example, in a democratic home state like Norway, the SWF doesn’t invest in nuclear weapons or tobacco because of social concerns, but there is a continuing debate over whether it should invest in oil, even though that’s where most of the money comes from. The degree to which Norway will continue to make those investments, and whether they contradict the government’s overall climate goals, is an open question in Norwegian politics. Because of the way the fund’s governance is structured, it may not be easy to resolve. On the other hand, some people consider pension funds, like the State Teachers Retirement System (STRS) in Ohio, to be quasi-SWF. They have a very strict separation between the people who make up the management division and the fund owners. No teacher or professor would want to invest in things that may harm the future of their students. At the same time, a fund manager might see an opportunity in a diversified multinational corporation that offers a good return, despite it deriving part of its revenue from e-cigarettes. These contests are very apparent. Domestic politics can work in host countries too. A good example is Singapore’s SWF, Temasek, investing in Thailand’s telecommunications sector. If you study political economy, you already know that countries everywhere are uncomfortable with foreign ownership of their telecom sectors because a foreign entity could monitor or manipulate our communications with each other. In the case of Temasek, there was significant pushback from Thai citizens surrounding the deal, which went on to influence national political sentiment toward Singapore as a whole, underscoring the risks some SWFs may face with their investment choices. In this case, fund behavior led to the dissolution of the entire Thai government in 2006 and a subsequent coup d’état. GJIA: To address some of this unease, the Santiago Principles were established in 2009 to ostensibly promote trust and transparency. From your perspective, have these mechanisms actually changed fund behavior? KL: In international relations theory, we always like to have a clear set of norms and best practices—the orientation we want the proverbial ship to be going in. In that regard, the Santiago Principles at least got the discussion going about which direction SWFs should take at a time when people were very skittish about the growing size of these funds. Nobody wanted them to be out there and potentially destabilizing economies, so talks about disclosure, conditions for withdrawal, and the independence of managers were helpful when initiated. The biggest stumbling block was that there wasn’t exactly a good way to measure compliance with the Principles, let alone how to hold funds to them. If you read the Principles, they’re overall quite vague. In general, a fund doesn’t want to reveal how and why they make certain investment decisions because that information is proprietary—a fund makes money off of how and why it makes decisions—so how do you reconcile that with loosely-defined ideas of openness? Some decisions might have a political purpose. The bottom line is that trying to figure out and assign a score to compliance is not easy, and it is therefore the reason why the Santiago Principles never really got off the ground to the point where they could truly direct fund behavior. GJIA: Many emerging markets are looking to build their own SWFs from mineral and oil revenues. Historically, have funds shaped development trajectories in these countries? KL: I think the big story in international emerging markets investment is that the investment is increasingly no longer unidirectional. In the past multinational corporations of primarily Western background were the main form of foreign direct investment in a country. That has changed dramatically, to the point where you have companies from so-called “developing countries” taking over companies in the United States. Therefore, the landscape of international investment has changed, and I think SWFs are certainly a possibility to be the next step in the game. Historically, you didn’t need an entire financial vehicle to reinvest commodity revenues in your country, but as emerging markets get more financially sophisticated, their capacity to operate such funds has increased. SWFs would allow treasuries to move from relying on holding foreign exchange assets like cash or government bonds to having broader financial markets and targeted growth areas, while easing pressure on welfare expenditures. GJIA: With their increasing financial weight, do you see the presence of SWFs being a factor in the political choices leaders will have to make with regard to domestic and foreign policy? KL: It will depend on just how big the funds get. One of the reasons people are already apprehensive is because of their scale, and if certain SWFs in certain countries achieve a large-enough size, the presence will absolutely be cause for concern. The other factor political leaders will have to consider are their objectives. It’s not always clear how to define a SWF, or even where its activity is concentrated, but it is certainly a worry from the perspective of national security of opaque external investment. More than that, I think one of the most interesting questions going forward is whether the United States, the home to the world’s largest financial markets, will develop its own fund, for which the Trump administration announced a plan. There have also been several proposals in Congress. Were it to come into being, it would have tremendous weight. At the same time, one of the hallmarks of U.S. capitalism is a lack of government ownership of shares, so it would not be clear how such a fund would be received in domestic politics, or which direction it would take. Given how politically fragmented the country is, a Democratic administration would likely be concerned about different sectors of the economy, such as healthcare, and want investment there, rather than a Republican administration, which might prefer defense industries. No investment vehicle could thrive under conditions of such instability. Moreover, it remains unclear where the money to fund a theoretical U.S. SWF would come from. It would be a fundamentally different entity depending on whether it is financed with debt, economic surplus, commodities, or the sale of state companies, as in the case of Singapore. If it is debt, or government borrowing of some form, then the fund would have to outperform whatever the cost of that debt is, which is not an easy thing to do. I think our political leaders have enough on their plate. Our system has worked well keeping political and investment functions generally separate. We have seen different forms of business rise and fall, and even the perception of different countries, all of which funds are tied to. Unless a major SWF either starts—like in the case of the United States—or collapses—an issue that concerns the Saudis, I don’t see any political tsunamis on the horizon. . . . Kathryn Lavelle is the Ellen and Dixon Long Professor of World Affairs at Case Western Reserve University in Cleveland, Ohio. Her research explores the exchange between domestic and international and political institutions with a particular emphasis on political economy and multilateralism. Dr. Lavelle’s first book, The Politics of Equity Finance in Emerging Markets, explored the political circumstances that surround large issues of stock in the developing world. After being granted tenure at Case Western, she was awarded an American Political Science Association Congressional Fellowship and named the William A. Steiger fellow, a designation given to the most promising political scientist in her class of fellows. While in Washington during 2006-2007, she worked on the staff of the House Committee on Financial Services on issues related to domestic and international monetary policy. Dr. Lavelle holds a PhD in political science from Northwestern University; an M.A. in government and foreign affairs from the University of Virginia; and a bachelor’s degree in international economics from Georgetown University. She is a permanent member of the New York Council on Foreign Relations. This transcript has been lightly edited for clarity and length. Interview conducted by Sid Mehrotra. Image Credit: Jason Leung, Unsplash Content Licenses, via Unsplash
Business owners moving forward as probe ongoing in Millcreek fire
As the investigation continues into a large fire that leveled a multi-tenant business building in Millcreek, firms seek new homes.
Inside new NIL policy for Michigan high school athletes from MHSAA
The Michigan High School Athletic Association expanded personal branding opportunities for high school athletes to profit off their own NIL on Jan. 27
Scene Calendar: Local theater, Taiwanese sensation Feng E, fashion show
A comprehensive list of Gainesville-area entertainment events.
How has your local high street changed since 2019? Check your postcode
The makeup of Great Britain’s high streets has changed dramatically. See what the data says about where you live
Hong Kong scientists launch AI model to better predict extreme weather
A team of Hong Kong scientists has developed an artificial intelligence weather-forecasting system to predict thunderstorms and heavy downpours up to four hours ahead, compared with the range of 20 minutes to two hours now.
IndyCar rookie ready for teammate to 'fight with well,' but comfortable in himself
Dennis Hauger, the 2025 Indy NXT champ, has moved to the IndyCar series after just one season in the developmental series.
CCS Superintendent Angela Chapman is putting district on right path. We value her.
Superintendent Angela Chapman has put CCS on a path to meet that challenge and ensure opportunity reaches every student.
Barcelona superstar sets sights on Lionel Messi’s Champions League record
FC Barcelona lock horns with FC Copenhagen tonight in the UEFA Champions League, hoping to secure a top-eight finish and progress directly to the Round of 16.Unless something drastic happens, Robert L...
AI boom will produce winners and ‘carnage,’ says tech boss; dollar sinks to four-year lows after Trump comments
Cisco chief executive says technology ‘will be bigger than the internet’ but current market is probably a bubble; dollar selling intensifies, gold climbs through $5,200 an ounce to new record high
India reports two Nipah virus infections as Thai, Malaysia step up screening
India is monitoring Nipah virus infections, with two reported from its eastern state of West Bengal since December, the health ministry said, as some Southeast Asia nations step up scrutiny of air travellers.
Starmer vows to raise issues ‘that need to be raised’ with Xi amid push to free Jimmy Lai
The prime minister may also discuss the fate of the Uyghurs with the Chinese leader
When AI Agents Turn Against You: The Prompt Injection Threat Every Business Leader Must Understand
As organizations deploy AI agents to handle everything, a critical security vulnerability threatens to turn these digital workers against their employers.
Today's NYT Connections: Sports Edition Hints, Answers for Jan. 28 #492
Here's today's Connections: Sports Edition answer and hints for groups. These clues will help you solve The New York Times' popular puzzle game, Connections: Sports Edition, every day.
Measles cases in South Carolina surpasses 2025 Texas outbreak
State health officials reported that 89 new measles cases have been confirmed since Jan. 23, bringing the total number of cases to 789.
Andrew Yang reacts to AI CEO warning 50% of all white-collar jobs will disappear in 5 years
El Paso, Texas high school sports scoreboard: Jan 27-31
El Paso, Texas high school sports scoreboard: Jan 27-31
James' 21 lead Marquette over Creighton 86-62
MILWAUKEE (AP) Nigel James Jr. scored 12 of his 21 points in the second half in Marquette's 86-62 win over Creighton on Tuesday.
Appleton area high school sports results for Tuesday, Jan. 27
High school basketball and swimming teams were in action.
Puma's long slide: the rise and fall of a German sports icon
Germany's Puma and fierce rival Adidas have their roots in the very same house where brothers Rudolf and Adolf Dassler launched their shoe business a century ago, before a major fall-out between the siblings split the company in two.
Sporting CP’s Rui Borges: From amateur coaching to replacing Amorim and beating PSG
The Sporting coach is on the brink of taking the club to the Champions League quarter-finals - it has been a rapid rise for the 44-year-old
Connections: Sports Edition hints for Jan. 28, 2026, puzzle No. 492
Welcome to Connections: Sports Edition Coach — a spot to gather clues and discuss (and share) scores.
NFL coaching hire grades: Bills' promotion of Joe Brady gets a B. Don't expect a generous learning curve in Year 1
Fire breaks out at restaurant in Thomaston
A fire broke out at a restaurant in Thomaston.
‘We cannot do anything’: Horry County businesses left without power for nearly 1 month following fire
Several businesses in Horry County have been without power for nearly one month following a fire early this month.
Alamance County thaws after winter storm: Roads clear, businesses reopen
The Wolfpack Peels the Orange 88-68
Game Summary: NC State started the game well for the first time lately. By the first official timeout the lead was 13-5 Wolfpack. Despite a decided height advantage, the rebounds were tied at 16 at the half. Stats were generally even; the Pack won the first half with quality shooting 50%/40%/82%. Williams had a great […]
Knicks overcome turnover issues in 103-87 win over Kings
Kirkland boutique owner warns other businesses of group ‘distraction’ tactics for theft
KIRKLAND, Wash. — A Kirkland business owner is sounding the alarm over recent shoplifting incidents.
C3.AI in talks to merge with startup Automation Anywhere, The Information reports
Enterprise artificial intelligence software provider C3.AI is in talks to merge with privately held startup Automation Anywhere, The Information reported on Tuesday, citing people familiar with the discussions.
Bill Belichick misses the Hall of Fame: Explaining the voting process that rejected the Patriots legend
Mental Health Crisis Line For Music Industry Launches A Year After Chappell Roan’s Grammy Speech
One year ago Chappell Roan used her time on stage at the Grammys to implore the music industry to provide artists with health insurance and a livable wage. This week Backline debuts B-LINE, a mental health and crisis support line the organization says is rooted in the movement Roan sparked at the podium.
Man douses Ilhan Omar with unknown substance at town hall in Minneapolis
The congresswoman pledged to keep speaking. People close to her said the substance smelled "terrible" and called on her to "go get checked."
If Bill Belichick isn’t a first-ballot Hall of Famer, no one — not even Tom Brady — should ever be again
AIDS health group challenges Florida’s planned medication cuts
Florida’s cuts could leave thousands without affordable access to life-saving medication.
ECU Health announces 31 layoffs from Greenville Medicaid office
ECU Health officials said some positions at Access East are no longer funded and will be eliminated effective March 31st.
Another government shutdown? ICE debate jeopardizes spending deal.
The killing of Alex Pretti by Border Patrol agents upended a federal spending deal at the last minute, virtually guaranteeing a partial shutdown.
Bill O'Reilly shares major health update after hospitalization
Former Fox News host Bill O'Reilly said he spent four days hospitalized due to a "hereditary condition involving internal bleeding."
Live at 8 p.m.: What federal immigration enforcement in Minnesota means for law, politics and history
Scenes From President Trump’s Iowa Visit
President Trump is scheduled to speak in Clive as he returns to Iowa for a second time in his second term ahead of the mid-term elections.
Edison, N.J., water main break leaves dozens of home, businesses without service
Tlaib, health advocates sound alarm as EPA works to loosen pollution standard
Opponents of the EPA's actions join virtual press conference Tuesday.
House Health Panel Member Kevin Hern Sold UnitedHealth Amid Stock-Trading Ban Push
Disclosures show the Oklahoma Republican sold up to $500,000 in UnitedHealth stock while serving on a committee that oversees payments for health care.
After a decade in business, Deep Ellum patio bar to close
The latest closure in Dallas-Fort Worth’s restaurant industry is a patio bar that’s been a go-to for revelers in Deep Ellum for nearly a decade.
Broadway in Detroit rebranded as ATG Detroit
The change won't affect any ticketing, subscriptions or patron services, according to a media alert issued Tuesday.
Transforming Clinical Decisions: VetEvince Anchors AI in Veterinary Science in 2026
Their solution, VetEvince, went beyond simple automation or AI chat assistants. It promised to deliver insights anchored in actual veterinary literature and clinical data, a foundation that would allow practitioners to act decisively in high-stakes situations.
Nevada ranks near the bottom for health. Here’s why
Nevada ranks among the least healthy states, driven by poor outcomes in housing, non-medical drug use and access to care.