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Advance US News Diary

January 15-21: Iowa GOP caucuses, looming CR deadline, Davos and NAM summit

January 12, 2024
  • Slice 1

A look ahead at the key events leading the news agenda next week, from the team at Foresight News. Delivered to your inbox on Fridays.

Leading the week

After months of campaigning, the Republican presidential primary officially begins on Monday (January 15) with the Iowa caucuses.  Donald Trump is heavily favored to win but his margin of victory will be an important indicator as attention moves to New Hampshire on January 23, where the results are expected to be significantly closer. Ron DeSantis, meanwhile, has invested heavily in Iowa and a loss to Nikki Haley on Monday could prove decisive given her polling lead in New Hampshire, especially given the consensus that she stands to benefit from Chris Christie’s decision to drop out of the race. Conversely, if DeSantis does beat Haley for second place in Iowa, he’ll likely be looking for a decent performance in Nevada’s February 8 GOP caucuses, which Haley has decided to skip in favor of the state primary on February 6 as she prepares for the all-important vote in her home state of South Carolina on February 24. 

Nikki Haley

Back in DC, a partial federal shutdown is looming as the first deadline under the laddered CR passed in November approaches on Friday (January 19). For House Speaker Mike Johnson, who announced a topline spending agreement with Senate Majority Leader Chuck Schumer on Sunday, Friday’s deadline marks a perilous moment, something that was made clear earlier this week when 13 Republicans joined Democrats to vote down a rule in protest at Johnson’s deal with Schumer. The rebellion came just a day after Senate Minority Leader Mitch McConnell said a further short-term CR, opposed by hardliners in the House, would ‘obviously’ be needed. While Johnson has not ruled it out, he could instead make the calculation that a brief pause for the agencies whose funding expires on January 19 is not worth losing his speakership over, while the most critical agencies will remain funded through February 2 under the laddered CR. 


 Looking abroad

 

A host of news-making world figures will be in Davos next week for the World Economic Forum, which begins in earnest on Tuesday (January 16) when Ukrainian President Volodymyr Zelenskyy, Chinese premier Li Qiang, European Commission chief Ursula von der Leyen, NATO head Jens Stoltenberg and US National Security Advisor Jake Sullivan are among notable speakers.

Volodymyr Zelenskyy

Assuming his plans don’t change as he struggles with lawlessness back home, Ecuador’s new president Daniel Noboa is due to speak on Wednesday (January 17), when we’ll also see interventions from Polish President Andrzej Duda and Papua New Guinean Prime Minister James Marape, two leaders facing domestic crises of their own. Also speaking Wednesday are UN Secretary-General Antonio Guterres, Argentina’s firebrand new leader Javier Milei and French President Emmanuel Macron, who this week named 34-year-old Gabriel Attal as his next prime minister in what was viewed as a response to the rise of 28-year-old far-right figure Jordan Bordella. 

Javier Milei

On Thursday (January 18), there are interventions from Greek leader Kyriakos Mitsotakis, Iraqi Prime Minster Mohammed Shia’ Al Sudani, as well as OpenAI’s Sam Altman, who is taking part in a session with UK Chancellor Jeremy Hunt.  As the conference winds down on Friday (January 19), IMF head Kristalina Georgieva and ECB president Christine Lagarde are among participants at a discussion on the global economic outlook. Organizers announced earlier this week that Israeli President Isaac Herzog would be participating this year too, though his intervention has yet to appear on the official program.  

Ugandan president Yoweri Museveni, meanwhile, will host leaders from the 120-member Non-Aligned Movement for two-day summit on Friday and Saturday (January 19-20) directly followed by the 134-member G77’s Third South Summit which begins on Sunday (January 21). There’s no shortage of topics for leaders to discuss at the back-to-back meetings for developing nations, from the conflicts in Ukraine, Gaza, Sudan and Yemen to reforming the United Nations, where veto-power wielding nations are increasingly viewed as an anachronistic vestige of a previous world order which fails to represent the interests of the Global South.  


 

Also look out for...

January 15

Kamala Harris visits South Carolina 

Louisiana begins special session on redistricting and elections 

OCHA and UNHCR heads hold press conference on Ukraine 

Satya Nadella discusses AI at Chatham House 

Primetime Emmy Awards  

Martin Luther King Jr. Day 

January 16

Donald Trump holds rally in New Hampshire 

Damages trial begins in E. Jean Carroll defamation case against Donald Trump 

House Rules Committee marks up Hunter Biden contempt of Congress resolution ahead of full vote as soon as Wednesday 

Polish parliament meets for first time since arrests of convicted PiS lawmakers 

UK parliament begins two-day Rwanda bill debate

January 17

Maine Superior Court deadline to rule on Donald Trump's appeal over ballot eligibility 

Heather Mack sentenced over killing her mother in Bali 

US House committee hearing on delayed Artemis missions 

Massachusetts Governor delivers state of the state address 

NATO chiefs of defense meet 

Oral arguments in SEC case against Coinbase 

Axiom Mission 3 launch 

January 18

ABC hosts GOP debate in New Hampshire 

Sergey Lavrov holds annual press conference 

ICC rules in case of alleged Mali militant leader 

Chinese foreign minister Wang Yi begins visits to Brazil and Jamaica

January 19

Antony Blinken among speakers on final day of US Conference of Mayors’ gathering 

Roe v Wade March For Life and rally 

Memorial for late German soccer legend Franz Beckenbauer 

Japanese mission attempts moon landing  

Orthodox Epiphany in Russia (Vladimir Putin traditionally participates in icy swim)

January 20

National Women's March 

Spain's PSOE party holds conference 

NFL Playoff Divisional Round 

One year away: US presidential inauguration

January 21

CNN hosts GOP debate in New Hampshire 

Statistics, Reports and Results

January 15

PwC CEO Survey 

Oxfam report on global inequality 

Germany 2023 GDP release 

January 16

Results from: Goldman Sachs, Morgan Stanley 

January 17

Advance monthly retail sales 

Import and Export Price Indexes 

Beige Book 

Industrial production figures 

Manufacturing and Trade: Inventories and Sales statistics 

NAHB/Wells Fargo Housing Market Index  

OPEC monthly oil markets report 

China GDP and economic data press conference 

UK Consumer Price Indices including inflation target 

Indonesia interest rate decision 

EU Inflation Statistics 

Results from: Alcoa  

January 18

New Residential Construction  

Philadelphia Fed manufacturing survey  

OECD harmonised unemployment rates 

IEA monthly oil market report 

European Central Bank minutes 

Committee to Protect Journalists census on imprisoned journalists 

Results from: TSMC 

January 19

Existing-Home Sales 

Consumer Sentiment Index 

UK Retail Sales figures 

OECD Economic Survey of Italy 

Results from: Schlumberger, Burberry 

Anniversaries and Awareness Days

January 15

Wikipedia Day 

January 16

45 years ago: last Shah of Iran left the country 

January 18

Winnie the Pooh Day 

January 19

Texas and Florida observe Robert E. Lee’s birthday 

January 20

Day of the Republic of Crimea 

January 21

Genocide Memorial Day 

Four years ago: first US coronavirus case announced 

100 years ago: Lenin died 


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