January 14, Tuesday, 2025

1. US President Joe Biden has delivered a foreign policy speech ahead of the expiration of his term early next week. He stressed the importance of multinational cooperation, with an eye on the “America-first” approach of his successor, Donald Trump. Biden said: “America is stronger. Our alliances are stronger” compared with four years ago, while “our adversaries and competitors are weaker.”
2. A new takeover bid is reportedly in the works for US Steel to counter the offer made by Japan’s Nippon Steel. Media outlet CNBC says US steelmaker Cleveland-Cliffs is teaming up with local rival Nucor for the deal. The deal is reportedly structured to avoid violating anti-monopoly laws.
3. The prime minister of Greenland, an autonomous Danish territory, has reiterated his position of not agreeing with remarks made by US President-elect Donald Trump. Prime Minister Mute Egede, at the same time, expressed hope for the territory’s cooperation with the US and others in fields such as defense and the mining of its mineral resources.

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