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Business leaders in Davos, traditionally the high priests of globalization, are talking up the benefits of local production this week to shield themselves from criticism from incoming U.S. President Donald Trump. Elected on a jobs-focused "America First" platform, Trump has taken to Twitter to rebuke major companies like General Motors , Lockheed Martin and United Technologies , either for making goods in Mexico or for the price of their products. At this week's World Economic Forum (WEF), a gathering of business and political elites in the Swiss Alps synonymous with free markets, company bosses said they were now preparing to adjust to the Trump era.
Donald Trump announced Thursday he has nominated former Georgia governor Sonny Perdue to be US secretary of agriculture, rounding out the president-elect's cabinet picks on the eve of his inauguration. With his inner circle finalized, Trump's incoming cabinet will feature no Hispanics, the first time since Ronald Reagan's presidency in the 1980s. "Sonny Perdue is going to accomplish great things as secretary of agriculture," Trump said in a statement announcing his pick.
American B-2 stealth bombers and armed drones have attacked two Islamic State military camps in Libya, killing "dozens" of jihadists near their former bastion of Sirte, an official said Thursday. The strike late Wednesday came a month after the United States officially wrapped up military operations in and around Sirte, where it had conducted nearly 500 strikes to help the Libyan unity government expel jihadists from the coastal city. The camps were about 45 kilometers (30 miles) southwest of Sirte.