- Egyptians gathered in Tahrir square to commemorate the largely peaceful uprising that ousted Mubarak from power. The demonstration today was also a reminder to many Egyptians that the hard work is not over.
- U.S. Special Forces rescued two aid workers who had been abducted in Somalia. All nine captors where killed in the raid.
- Despite defaming the Arab League for launching a foreign plot to unseat the government, Syria has agreed to extend the observer mission there.
- For the first time in three decades, Japan has reported a trade deficit.
- The World Economic Forum is kicking off in Davos and the eurozone crisis is expected to dominate the agenda. NPR's Planet Money has a great podcast on who bought this Greek debt and the negotiations to have part of it forgiven.
- President Obama gave a stirring State of the Union speech last night. Well it was stirring if you think most Americans are getting a raw deal and that upward class mobility is largely a mirage. Your editors thought both his defense for why the rich should pay the same effective rate as everybody else and the metaphor of Seal Team Six and the U.S. government were quite effective. Ezra Klein outlines 5 policies to watch coming out of the speech.
- Romney's Cayman Islands money indicates the adroitness of he and/or his tax advisers in avoiding paying taxes.
- Same sex marriage made positive strides in 2011, but in the future its fate could be decided by the Supreme Court.
- The U.S. dependence on foreign oil is on the decline.