- Australian Bureau of Meteorology: The Southern Oscillation Index (SOI) value for December of +27 is the highest December SOI value on record, as well as being the highest value for any month since November 1973.
- U.S. jobless benefits climb 18,000 to 409,000 last week
- The Fed balance sheet rose to $2.418 trillion in the week ended Jan. 5 from $2.403 trillion the prior week.
- Britain raised the national sales tax to 20% from its previous 17.5 %, as part of its efforts to trim the near-record public spending deficit.
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John Boehner put Michelle Bachmann on the “Intelligence” Committee.
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