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Joe Biden prepares to bow out

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Joe Biden prepares to bow out

This article is an on-site version of our The Week Ahead newsletter. Subscribers can sign up here to get the newsletter delivered every Sunday. Explore all of our newsletters here

Hello and welcome to the working week.

On Monday, the US Congress will preside over the electoral college vote count, which will certify Donald Trump’s election victory. Although this is typically no more than a small formality, the last occurrence four years ago was tarnished by the attack on the US Capitol building.

The Biden administration’s days are numbered. The FT’s Washington team will be keeping a close eye on any last-minute initiatives from the White House over the coming days, especially on Ukraine and the climate, as the outgoing president looks to consolidate his legacy.

Secretary of State Antony Blinken will meet South Korean foreign minister Cho Tae-yul on Monday, the first high-level diplomatic talks since President Yoon Suk Yeol’s impeachment. (Last week’s Lunch with the FT is an illuminating guide to Blinken’s foreign policy thinking.) Over the coming days, South Korea’s main opposition, the Democratic party, plans to summon Yoon to a parliamentary hearing and appoint special counsels to investigate his failed bid to impose martial law.

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On Friday, Trump is set to appear for sentencing in the New York “hush money” criminal case. Justice Juan Merchan, who has presided over the trial, signalled in last week’s order that the president-elect could attend the hearing virtually and would not face jail time over the conviction.

That same day, the US Supreme Court will hear arguments on a law that would outlaw TikTok in the country if it is not sold to an American company. The ban is set to come into effect on January 19, a day before Trump’s inauguration. However, the president-elect has urged the court to delay the ban, saying he would prefer “to pursue a political resolution” instead.

Venezuela’s President Nicolás Maduro is set to be sworn in for a third term following his disputed election victory in July. Since the vote, Maduro has clamped down on his political opponents. Dozens of human rights campaigners and journalists have had their passports cancelled and opposition leader Edmundo González has sought political asylum in Spain. Expect a tightly choreographed show of power as his government remains on high alert.

There are a raft of trading updates from UK retailers this week, including Tesco, Sainsbury’s and Marks and Spencer. Anticipate analysis on what the reports reveal about consumer strength this Christmas season. Moreover, analysts will study the reports for clues on which supermarkets will be able to withstand the headwinds from the Labour party’s Budget in 2025, as increased employers’ national insurance contributions squeeze grocers’ margins.

One more thing . . . 

It’s a big week for film and TV. Movie buffs can binge-watch the Critics Choice Awards, the National Board of Review gala, the AARP awards and the Golden Globes over the coming days. I won’t be joining them. I haven’t watched much of anything this year. And shamefully, I missed all 10 of our film critic’s best films of 2024.

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What must-see film of the last 12 months did I miss? Let me know at harvey.nriapia@ft.com.

Key economic and company reports

Here is a more complete list of what to expect in terms of company reports and economic data this week.

Monday

Tuesday

Wednesday

Thursday

  • Greggs Q4 trading update, B&M Q3 trading statement, Marks and Spencer Christmas trading update, Tesco Q3 and Christmas trading statement

  • Peru interest rate

  • Bank of Mexico monetary policy minutes

Friday

World events

Finally, here is a rundown of other events and milestones this week.

Monday

  • US Congress meets to certify Trump’s election

  • Antony Blinken to meet South Korean Foreign Minister Cho Tae-yul

  • Golden Globe Awards

  • Malaysia’s court of appeal to hear jailed former prime minister Najib Razak’s bid for house arrest

  • Epiphany

Tuesday

Friday

  • US Supreme Court to hear arguments on a law that would ban TikTok if it is not sold to an American company

  • Venezuela’s Nicolás Maduro to be sworn in for a third term following his disputed election victory

  • President Joe Biden to meet Pope Francis and Italian Prime Minister Giorgia Meloni in Rome

  • Donald Trump to be sentenced in ‘hush money’ trial

Saturday

Sunday

Recommended newsletters for you

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US Election countdown — Money and politics in the race for the White House. Sign up here

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Explosion at Lumber Mill in Searsmont, Maine, Draws Large Emergency Response

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Explosion at Lumber Mill in Searsmont, Maine, Draws Large Emergency Response

An explosion and fire drew a large emergency response on Friday to a lumber mill in the Midcoast region of Maine, officials said.

The State Police and fire marshal’s investigators responded to Robbins Lumber in Searsmont, about 72 miles northeast of Portland, said Shannon Moss, a spokeswoman for the Maine Department of Public Safety.

Mike Larrivee, the director of the Waldo County Regional Communications Center, said the number of victims was unknown, cautioning that “the information we’re getting from the scene is very vague.”

“We’ve sent every resource in the county to that area, plus surrounding counties,” he said.

Footage from the scene shared by WABI-TV showed flames burning through the roof of a large structure as heavy, dark smoke billowed skyward.

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The Associated Press reported that at least five people were injured, and that county officials were considering the incident a “mass casualty event.”

Catherine Robbins-Halsted, an owner and vice president at Robbins Lumber, told reporters at the scene that all of the company’s employees had been accounted for.

Gov. Janet T. Mills of Maine said on social media that she had been briefed on the situation and urged people to avoid the area.

“I ask Maine people to join me in keeping all those affected in their thoughts,” she said.

Representative Jared Golden, Democrat of Maine, said on social media that he was aware of the fire and explosion.

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“As my team and I seek out more information, I am praying for the safety and well-being of first responders and everyone else on-site,” he said.

This is a developing story. Check back for updates.

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Woman killed in Atlanta Beltline stabbing identified

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Woman killed in Atlanta Beltline stabbing identified

Crime scene tape surrounds a bicycle in front of St. Lukes Episcopal Church in Atlanta on May 14, 2026. (SKYFOX 5)

The woman stabbed to death on the Beltline has been identified as 23-year-old Alyssa Paige, according to the Fulton County Medical Examiner.

The backstory:

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Paige was killed by a 21-year-old man Thursday afternoon while she was on the Beltline. Officials confirmed to FOX 5 that the stabbing happened near the 1700 block of Flagler Avenue NE.

Atlanta Police Chief Darin Schierbaum said the department was alerted around 12:10 p.m. that a woman had been stabbed just north of the Montgomery Ferry Drive overpass. She was rushed to Grady Memorial Hospital where she later died. Another person was also stabbed during the incident, but their condition remains unknown.

According to officers, the man responsible attacked a U.S. Postal worker prior to the stabbing before getting away on a bike. He then used that bike to flee the scene of the stabbing as well.

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The suspect was arrested near St. Luke’s Episcopal Church on Peachtree Street in Midtown around 5:25 p.m. 

What we don’t know:

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While officials haven’t released an official motive, they noted the man may have been suffering a mental health crisis.

The Source: Information in this article came from the Fulton County Medical Examiner’s Office and previous FOX 5 reporting. 

AtlantaCrime and Public SafetyNewsInstastories
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Man Charged With Posting Bomb Instructions Used in New Orleans Attack

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Man Charged With Posting Bomb Instructions Used in New Orleans Attack

Federal prosecutors have filed charges against a former Army serviceman they accused of distributing instructions on how to build explosives that were used by a man who conducted a deadly attack in New Orleans on New Year’s Day last year.

The former serviceman, Jordan A. Derrick, a 40-year-old from Missouri, was charged with one count of engaging in the business of manufacturing explosive materials without a license; one count of unlawful possession of an unregistered destructive device; and one count of distributing information relating to manufacturing explosives, according to a criminal complaint unsealed on Wednesday. The three charges together carry a maximum sentence of 40 years in federal prison.

Starting in September 2023, the authorities said, Mr. Derrick was using various social media sites to share videos of himself making explosive materials, including detonators. His videos provided step-by-step instructions, and he often engaged with viewers in comments, sometimes answering their questions about the chemistry behind the explosives.

The authorities said that Mr. Derrick’s videos were downloaded by Shamsud-Din Bahar Jabbar, 42, who was accused of ramming a pickup truck into a crowd on Bourbon Street in New Orleans on Jan. 1, 2025, in a terrorist attack that killed 14 people and injured dozens. Mr. Jabbar was killed in a shootout with the police. Before the attack, Mr. Jabbar had placed two explosives on Bourbon Street, the authorities said, but they did not detonate.

The authorities later recovered two laptops and a USB drive in a house that Mr. Jabbar had rented. The USB drive contained several videos created by Mr. Derrick that provided instructions on making explosives. The authorities said the explosives they recovered were consistent with the ones Mr. Derrick had posted about.

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Mr. Derrick’s lawyers did not respond to requests for comment.

Mr. Derrick was a combat engineer in the Army, where he provided personnel and vehicle support, the authorities said. He also helped supervise safety personnel during demolitions and various operations. He was honorably discharged in February 2013.

The authorities did not say whether Mr. Derrick had any communication with Mr. Jabbar, or whether the men had known each other. In some of Mr. Derrick’s videos and comments, he indicated that he was aware that his videos could be misused.

“There are a plethora of uh, moral, you know, entanglements with topics, any topic of teaching explosives, right?” he asked in one video, according to the affidavit. “Of course, the wrong people could get it.”

The authorities also said that an explosion occurred at a private residence in Odessa, Mo., on May 4, and the occupant of the residence told investigators that he had manufactured explosives after watching online tutorials from Mr. Derrick.

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Mr. Derrick’s YouTube account had more than 15,000 subscribers and 20 published videos, the affidavit said. He had also posted content on other platforms, including Odysee and Patreon. Some videos were accessible to the public for free, while others required a paid subscription to view.

“My responsibility to my countrymen is to make sure that I serve the function of the Second Amendment to strengthen it,” Mr. Derrick said in one of his videos, according to the affidavit. “This is how I serve my country for real.”

Outside of the income he received through content creation, Mr. Derrick did not have any known employment. He did receive a monthly disability check from Veterans Affairs, the affidavit stated.

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