USA - National Health Expenditure (NHE) grew 4.3% to $3.3 trillion in 2016, or $10,348 per person, and accounted for 17.9% of Gross Domestic Product (GDP). Per person personal health care spending for the 65 and older population was $18,988 in 2012, over 5 times higher than spending per child ($3,552) and approximately 3 times the spending per working-age person ($6,632). The elderly were the smallest population group, nearly 14 percent of the population, and accounted for approximately 34 percent of all spending in 2012.
UK - British universities will be less able to make scientific breakthroughs if they do not tackle the “safe space” culture, a minister has warned. Jo Johnson, the universities minister, said that free speech is under threat at centres of learning across the country, with books being removed from libraries and lists of “trigger words” being banned for fear of causing offence.
CHINA - One of the world’s top energy importers, China, is set to roll out a yuan-denominated oil contract as early as this year. Analysts call the plan, announced by Beijing in September, a huge move against the dollar's global dominance. The so-called petro-yuan is a “wake up call” for investors who haven’t paid attention to the Chinese plans, according to the head of Graticule Asset Management Asia Adam Levinson, as quoted by Bloomberg.
EUROPE - Discussions are underway to create an EU Olympic team as part of the bloc’s push for an ever closer Europe, it is claimed. West Midlands MEP Bill Etheridge said the suggestion of a team comprising EU members was the subject of "serious" debate behind closed doors in Brussels and Strasbourg. The UKIP MEP said Brussels chiefs would like an EU team enter the 2036 Games, the 100th anniversary of the Berlin tournament, which was opened by Adolf Hitler. Mr Etheridge said the move was the latest attempt by EU leaders to “destroy national identity”.
RUSSIA - On Tuesday, the Russian president's authorized representative for child rights, Anna Kuznetsova, announced the completion of the development of the school course "Family Studies." During the press conference, Kuznetsova explained that the course was developed at the Russian Academy of Education, and negotiations were also held about its implementation with the Ministry of Education and Science of the Russian Federation. Kuznetsova expressed the idea of creating a course called "Family Studies" or "Lessons of Family Happiness" this summer. So, according to her proposal, classes should be aimed at promoting traditional family values and promote the protection of motherhood and childhood.
MIDDLE EAST - The Palestinian Authority’s rift with the US is growing deeper, according to Israeli media outlets. PA President Mahmoud Abbas president has come to see US President Donald Trump as “a lost cause,” according to the Times of Israel. The PA leader reportedly instructed his staff to sever all ties with US diplomatic officials at every level, including relations between the Palestinians and American diplomats posted at the US Consulate in East Jerusalem. The White House is reportedly looking for a Palestinian liaison other than Abbas.
USA - Bitcoin surged over $16,000 on Boxing Day in a rebound from the cryptocurrency's worst week since 2013. The world's largest and best-known cryptocurrency fell nearly 30 per cent on Friday from an all-time high of $19,843 to $11,159.93 - losing more than a quarter of its value in a single day. As of Tuesday morning, however, the digital currency was up again to more than $16,000.
UK - Students at some universities have drawn up a list of 'trigger words' and demanded books containing them should be removed from the library, Jo Johnson has said. The universities minister warned institutions they have four months to clamp down on student zealots who restrict free speech on campuses.
USA - General Assembly over its Jerusalem policy revealed both Washington’s contempt for democracy and international law, and just how isolated America has become globally. The overwhelming rejection of President Trump’s declaration of Jerusalem as the Israeli capital by 128 member nations at the UN is a signal event of how far US international standing has slumped.
GERMANY - Angela Merkel has given herself just one week to bring Germany in from the brink of political uncertainty amid chaos on the continent. The German Chancellor has been desperately attempting to strike a deal with former European Parliament President Martin Schulz – who currently leads her biggest rival in the Bundestag, the Social Democratic party (SPD).
RUSSIA - Former Chancellor of Germany, Gerhard Schroeder told the Rheinische Post about his work at Rosneft, as well as his attitude towards Vladimir Putin. According to Schroeder, to chair the board of directors of a Russian oil firm is an "exciting task" and the money aspect here is not particularly important. "And what if I were on the board of directors of an American firm, not a Russian one - that criticism has some hypocrisy," he said. Schroeder stressed that good relations with Rosneft and with Russia as a whole are in the interests of Europe, and Germany will eventually benefit from them.
USA - Legendary standup comic Jackie Mason weighed in on the debate about the possibility of defunding the United Nations, calling US financing to the international body “so sick that we do this it is unbelievable.”
VATICAN - Pope Francis called for peace in Jerusalem in his traditional Christmas address, warning: 'The winds of war are blowing,' as he called on Israel and Palestine to 'resume' dialogue. The pontiff urged the world's 1.3 billion Catholics to not to ignore migrants fleeing danger, highlighting the plight of children scarred by the conflict, in a yuletide message of unity. The pontiff also mentioned other global flashpoints such as Syria, Iraq, Yemen, South Sudan and Venezuela, after stressing that the 'winds of war are blowing in our world. Let us pray that confrontation may be overcome on the Korean peninsula and that mutual trust may increase in the interest of the world as a whole,' the 81-year-old said.
RUSSIA - Multiple Russian state media outlets are reporting that President Vladimir Putin has stressed that Russia has a right to respond to US military build-up in Europe while furthering its strategic nuclear deterrence capabilities in a speech delivered before a Defense Ministry meeting on Friday in the city of Balashikha outside of Moscow.
USA - Josiah Zayner, 36, recently made headlines by becoming the first person to use the revolutionary gene-editing tool Crispr to try to change their own genes. Part way through a talk on genetic engineering, Zayner pulled out a syringe apparently containing DNA and other chemicals designed to trigger a genetic change in his cells associated with dramatically increased muscle mass. He injected the DIY gene therapy into his left arm, live-streaming the procedure on the internet.