The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he's sworn in as president next week.

Once a skeptic who said a few years ago that bitcoin " seems like a scam," Trump has embraced digital currencies with a convert's zeal. He's launched a new cryptocurrency venture and vowed on the campaign trail to take steps early in his presidency to make the U.S. into the "crypto capital" of the world.

As he assumes the presidency for a second time, Donald Trump brings with him a broad expanse of business relationships and financial entanglements — and the possibility that those associations could influence his decision-making in the White House.

Trump's team dismisses such concerns. "President Trump removed himself from his multibillion-dollar real estate empire to run for office and forewent his government salary, becoming the first President to actually lose net worth while serving in the White House," Trump spokesperson Karoline Leavitt said in a statement. "Unlike most politicians, President Trump didn't get into politics for profit — he's fighting because he loves the people of this country and wants to make America great again."

China's population fell last year for the third straight year, its government said Friday, pointing to further demographic challenges for the world's second most populous nation, which is now facing both an aging population and an emerging shortage of working age people.

China's population stood at 1.408 billion at the end of 2024, a decline of 1.39 million from the previous year.

The 18th Asian Financial Forum (AFF) concluded successfully on January 14 after a two-day run at the Hong Kong Convention and Exhibition Centre, which drew more than 3,600 participants, including over 130 high-level speakers, and facilitated 700-plus one-on-one AFF Deal-making meetings to link up sources of funds with investment projects around the globe.

The Asian Financial Forum draws 3,600-plus policymakers and business leaders from over 50 countries and regions.

On October 1, 2024, the United States Agency for International Development (USAID) launched a new five-year $10 million activity, Empowering Local Systems in Agriculture (ELSA) in Lebanon, the U.S. Embassy said on Thursday.

Senior Saudi and Kuwaiti officials have expressed readiness to offer aid to Lebanon to assist it in the reconstruction process after the latest Israeli war, informed sources said.

Speaking on the sidelines of international financial meetings, the Gulf officials said such assistance should exclusively pass through the Lebanese state through a legal mechanism, the sources told al-Akhbar newspaper in remarks published Wednesday.

U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit.

Wednesday's report from the Labor Department showed that the consumer price index rose 2.9% in December from a year ago, the highest since July, up from 2.7% in November. It was the third straight increase after inflation fell to a 3 1/2 year low of 2.4% in September.

The Group of Seven democracies has sought to crimp Russia's oil export earnings that help fund the war against Ukraine. But Western governments and sanctions experts say Moscow has resorted to using a so-called shadow fleet of hundreds of aging tankers of uncertain ownership and safety practices that are dodging sanctions and keeping the oil revenue coming.

Here are things to know about the shadow fleet — and why it worries Western governments and environmental groups:

U.S. wholesale inflation rose last month on higher energy prices.

The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before. Compared to a year earlier, producer prices rose 3.3%, biggest jump since February 2023 and up from a 3% gain in November.

U.S. President Donald Trump will take part virtually in the World Economic Forum's annual meeting in Davos just days after his inauguration, the forum president said Tuesday.

Børge Brende, a former Norwegian foreign minister who heads the Geneva-based organization, noted that Trump had twice attended the elite gathering of business and government leaders in-person during his first term.