World Business Report

Crowds of supporters are braving the freezing cold in Washington to catch a glimpse of Donald Trump being sworn in as US President for a second time. He's promised to sign dozens of executive orders on his first day in office to push through his agenda and undo that of President Biden. We hear from one group that will be watching those executive orders very closely - Mexicans living in the USA. Will Bain will also look at the global mood around the new President’s arrival – with many leaders gathering at the World Economic Forum in Davos in Switzerland.

The US Supreme Court has upheld a law that bans TikTok in the US unless its China-based parent company, ByteDance, sells the platform by this Sunday. Argentina has reported a fiscal surplus for the first time in sixteen years, as a result of comprehensive budget cuts implemented by President Javier Milei. A cold snap in Washington, DC, means Donald Trump's inauguration on Monday will now be held indoors instead of on the steps of the Capitol, where the US Congress is based.

Will Bain hears from our North America Business Correspondent Michelle Fleury as the news breaks that the US Supreme Court has ruled against TikTok's appeal over its imminent ban in the United States. The president -elect, Donald Trump, wants the social media site to continue operating.Nigeria's finance minister assures the World Service the country's economy is turning a corner - but does it feel like that for Nigerians trying to make a living? We hear from Dr Chinyere Almona, Director-General of the Lagos Chamber of Commerce and Industry.Plus Erling Haaland signs a new long-term deal with the club that will keep him at the Etihad until 2034. We ask why Manchester City have signed him up for so long - and why Premier League clubs are all talking about one word: amortisation.

Israel's economy has been hit by the 15-month-long war in Gaza, and its military spending has gone up significantly, according to the economic researchers at Capital Economics. We will be speaking to one of the economic analysts who did the research. The former Bank of Canada governor, Mark Carney, says he is running to replace Justin Trudeau as the leader of Canada's governing Liberal Party. Casting himself as an outsider with strong economic credentials, he distanced himself from the prime minister’s unpopular government. And, we will look at who's planning a trip to North Korea during the northern hemisphere holiday. The country has reopened one of its border cities to foreign tourists for the first time in five years.