well, you are not alone. today is blue monday — the most depressing day of the year. but don't despair — we'll get top tips on how to cope. live from london, this is business today, i'm sally bundock. let's start in the us, where tiktok is back online after a brief shutdown left millions of users unable to access the chinese—owned app. in a message to users, the social media platform praised president—elect donald trump after he pledged to restore access for american users on his first day in office and vowed companies that distribute and host the platform would not be held liable for violating a us ban that came into effect on sunday. trump says he is now a fan of the short—video platform despite calling for it to be shut down during his first term in office. it's quite complicated,

isn't it? so tiktok is owned by a chinese company called bytedance, and the company is actually headquartered here in singapore — the building is right behind me — and one of the reasons that is headquartered here is because it has, over the past few years, tried to distance itself from its chinese owners and sort of put its headquarters in a very global city to say "this is a global company and there are no concerns about sharing information with china's government". that is a concern that's been raised in the us for several years now, and that was behind a law that was passed by congress last year. it had bipartisan support — to try and force a sale of tiktok�*s us operations orface a ban. now, that law was due to take effect on sunday but, at the last minute,

after tiktok said it has no choice but to go dark — and that's why users in the us were unable to access the app on saturday night — by noon on sunday, the app was back and there was praise on the pop—up that people got, saying donald trump has given reassurances to try and get the service started again. the question is, what happens going forward, isn't it? because, of course, this isjust a reprieve and the ban was upheld by the supreme court. and donald trump is talking about continued chinese ownership, but with particular firewalls in place for us users. also, there's talk about the us having a 50% ownership position in a joint venture. so there is a lot to discuss going forward, isn't there? absolutely, sally, and so many questions around donald trump's intervention. firstly, this is a law, so it's not really clear

if he actually has the powers to reverse the ban. you'll remember last week the appeal actually went all the way to the supreme court. and, actually, there is no sort of provision for the president to reverse a ban once the supreme court has ruled on it. having said that, there is the option of an executive order, and that's what president—elect trump has said he will do as soon as he takes office on monday to try and extend the implementation of the ban. the other option is that there's a 90—day period baked into the law, but there's only one way that that 90 days can be implemented, and that is if a deal is really on the cards. that's something that donald trump has alluded to, as well — as you mentioned, he actually said that he would seek a deal with the us government having a 50% stake in an entity involving tiktok. so lots of unanswered questions.

but, again, i must say that this has been going on for many years now — lots of concerns over in the us, all of which tiktok denies and it has taken a lot of steps, including moving its headquarters from beijing to singapore to try and address some of those concerns. she is part of our team in the asian is in this hub and was outside the bytedance global headquarters in singapore. jasmine enberg is vp and principal analyst at emarketer. i asked her if she thinks tiktok is a national security concern. well, lawmakers certainly do think so — that is why we are in the position that we are in today. donald trump, though, with his new suggestion that there is a 50/50 joint venture between the us and china, is giving a proposition that

wouldn't solve the national security concerns that the us government has laid forth, because china could still have access to the data and potentially the ability to influence public opinion on the app. and so, as your reporter was mentioning earlier, there are still a lot of unanswered questions. and the solutions that have been set forth really don't solve the problem at hand, which is national security. so even this proposal of a particular firewall to ensure that apps�* data was protected on us soil, that wouldn't work either, in your opinion? well, not necessarily. i mean, there are so many different considerations here, and one of the first ones, of course, that trump had mentioned was, you know, having an executive order that would then give more time for tiktok to find a buyer. there's a lot of problems there, too. it is not a long—term solution. and either way, we're going to continue to see this

saga play out. do you think all of this has actually increased increase do you think all of this has actually increased the numbers of people who are on tiktok and using tiktok, etc? it was certainly a brilliant marketing play, both for tiktok and for donald trump. i mean, by voluntarily shutting off access over the weekend, tiktok was able to demonstrate just how popular the app is among its users. we saw so many people taking to other apps, really expressing sadness, sometimes silliness, and really being distraught over the app not being accessible. trump, of course, is emerging as a saviour, really, in being able to potentially — quote, unquote — save the app, and especially being explicitly credited by the pop—up notification that tiktok sent out. do you think bytedance will consider the us having a 50% stake? and when we say a 50% stake, we don't mean overall business across the world —

we're just talking about the us operations, we assume. right. bytedance has been clear so far that it does not intend to sell. it is unclear how it will respond to having a 50% stake in the us operations. but trump also did recently say that the us wouldn't pay for its share, and so it's unlikely to me that china would agree to that kind of a deal. interesting look at what is going on with tiktok. so much detail on our website on that story, as well. let's now turn our attention to the day ahead in washington dc. donald trump has promised a strong america—first, tariff—led protectionist trade policy with low taxes, looser regulation and lower government spending. and he is expected to hit the ground running with a promise to sign a blitz of executive orders on his first day as president, telling supporters he would move with "historic speed

and strength" in the hours after taking the oath of office. so who are the people that will shape what some are calling "trumponomics 2.0"? his team is dominated by businessmen — including several billionaires. how will they work together? and how will they reshape the american economy? from new york, our north america business correspondent, michelle fleury, reports. so the next trump administration is here. what will the president and the many members — formal and informal — of his government get up to this time? everyone wants to know. when it comes to the economy, think of them as trump's class of 2025. in the first group are the clean—cut mainstream bunch — the wall street guys. scott bessent, a hedge fund leader, will be treasury secretary. kevin hassett, a senior adviser in the first trump administration, will lead the national economic council. and well—known wall street figure howard lutnick will be commerce secretary.

these men are familiar to the market and share high finance�*s love of free trade and deregulation. but they may bump into this next bunch — the subversive outsiders, the america first crowd. trump's once—jailed former aide peter navarro is a trade adviser. jamieson greer is due to be us trade rep. he played a key role in imposing tariffs on china during trump's first term. like their boss, these guys love tariffs and protecting us industry — not always to everyone�*s tastes. and then there are the newest faces in trump world. the cool kids — or are they the geeks? — the tech bros. elon musk and vivek ramaswamy aren'tjust running the so—called department of government efficiency. they're also from the heart of silicon valley and reflect donald trump's fresh enthusiasm for the tech sector and crypto. so how will these very different agendas be

made into one? it's notjust getting one echo chamber, but actually having different views about what to do, what the impacts will be. and then he's going to make the decision, as is rightly his decision. we know from his first administration that donald trump likes a white house full of different factions struggling in loud disagreement. it seems that when it comes to his economic team, he's done that again — which could lead to all sorts of fallings—out in the global economy. michelle fleury, bbc news, new york. so, what is ahead today? terry haines is founder of pangaea policy and i asked him what executive orders relating to the economy we might see today. i think, sally, there will be lots of executive orders relating to the economy. first and foremost,

a variety of tariffs, china and elsewhere. i think the markets believe that scott bessent, the incoming treasury secretary, is likely the person that kind of mitigates the bluster of trump on this. but there still will be a fair amount of tariffs. i think you will also get beyond that. i think what you are going to see is increased use of emergency powers, which i think markets are not quite prepared for, on energy and a bunch of other things. and i think that markets also are not prepared for the degree to which trump economic policy will be influenced by geopolitics and national security. they haven't seen that since the cold war and that will all be new to them. but it will be essential for the trump people to not only use the economic power to help their geopolitical vision, but also pump up defence and defence�*s industrial base to make sure that we have the ability in the united states to continue to supply our allies and supply ourselves.

and, as you say, today, global leaders will be braced for what is to come — whether they be the trade representatives, finance ministers, those caring for economies. a lot has been said about the impact of trumponomics 2.0. the imf issued a warning at the end of last week. what's your outlook? my view is generally that initially, certainly, it will all be very positive for markets. markets were waiting to unleash animal spirit, so i think they'll do that. and secondly, what trump wants to have happen in the first day, really, is to show energy and focus. he will do that, and markets expect that energy and focus particularly after four years of inflationary drift, frankly. so they will be off to a very

good start, but markets are also going to have to understand and will understand early that a lot of the things they are looking for — tax bill and the like — will take some time and won't go quickly. and we will have full live coverage of donald trump's inauguration here on bbc news, with a special programme from washington, starting at 12.00 gmt today. around the world and across the uk, this is bbc news.

you are with business today. more now on what donald trump has been up to in the run up to todays inauguration. on friday evening the president—elect launched his own cryptocurrency — appropriately called $trump —

using the dollar symbol — and it sparked feverish buying that sent its market capitalization soaring to several billion dollars. meme coins have no economic or transactional value, and are often seen as a means of speculative trading. the total value of this memecoin soared to more than $14 billion over the weekend, before sinking following the launch of a rival coin — by his wife melania. her coin had surged to a market cap of $8.5 billion by the evening. so what's going on? i asked marc 0stwald, chief economist & global strategist, adm isi. i think it's basicallyjust capitalising on the whole enthusiasm of the trump administration team for the crypto world. it sort of demonstrates two things. 0ne, they are these sort of meme coins — and the broader crypto arena —

are very unstable in price terms. but nevertheless, it is a sector that a lot of people are enthusiastic about. i think the biggest question for me is, with the whole crypto world — particularly bitcoin, much more integrated into the financial system — does it pose a threat to the financial system, given many more institutional holders of crypto assets? for many listening to us now, they might be thinking, goodness me, it gets more and more complicated and confusing by the day, this whole world of cryptocurrencies. cic digital and fight fight fight — a company formed in delawarejust months ago — owns 80% of these tokens. it is unclear what the value is or what donald trump or melania trump for that matter may gain from this in the long term, isn't it? yes. i mean, they have ownership and they will be releasing batches of the coin over the next year as far

as i understand it. and presumably effectively riding on the coat—tails of what should be a fairly cryptocurrency—friendly regime. and it is definitely capitalising on that. from a regulatory perspective, one does have to question whether this is utilising undue influence. but the crypto world, you know, is its own little universe. if you struggled to get out of bed this morning... 0r or maybe you are still in bed. it is early. but you are not alone. today is blue monday, often considered to be the most depressing day of the year. bad weather, broken new year's resolutions and unhappiness at work all peak on this third monday of the year. if you haven't been feeling excited about being back to work after the christmas period, there's a good chance you're stuck

in a "groundhog career", where you are repeating the same work over and over. career futurist dr david 0xley is co—author of the forthcoming book, a groundhog career: a tale of career traps and how to escape them — and i asked him how you avaoid a groundhog career. i hope monday is treating you well. the apocryphal blue monday is very much now enshrined, it seems, in our consciousness. a concept that 20 years ago originally coined, i think, to promote the notion that this would be a good day to book a holiday. but it's resonated for all sorts of reasons. i think it's tapped into our collective psyche that after the festivities, after the christmas period, our stoic facade, the how we go about our daily routines gets pierced and we start to ask questions about, are we trapped in some sort of corporate captivity? or, you know, are we in service of something that's really worth it? and that's really what we've been trying to research. and the purpose of trying to coin this phrase of "are you

trapped in a groundhog career?" so just describe that, because for many of us in our day—to—dayjob, there is repetition — there are going to be aspects that are the same all the all the time. and that's not unusual, and that's not necessarily a bad thing. yes, that's true. although, i think when we look at the research on this, unlike blue monday — where the research is maybe a little bit sketchy — the fundamental truth of, the fundamental truth of the data shows that something like 62% of us say that the work that we do isn't fulfilling, and a staggering 20% of us say it's a source of misery in our existence. the idea that work is putting you through that sort of stress is somewhat questionable — particularly given the explosion of career opportunities we've seen in the last 20 or 30 years. and when you look ahead at what some people see as the threat of artificial intelligence, there are all sorts of things that start to beg the question,

are we choosing our own path here? own path here or are we somehow trapped in some sort of existence where we feel that we have no other choice but to suffer in our work? tips there and how to avoid the impact of blue monday, bringing to a close business today. what issues will donald trump be looking to tackle his first term?

john says he will increase terrace. he raised terrace in his first term but study found consumer prices on some products went up. that could happen again. my brother, and the economy has grown. as one analyst put it... the imf says downturns may follow. next is illegal immigration.- follow. next is illegal immigration. follow. next is illegal immiaration. ._ ., immigration. on day one i will launch the _ immigration. on day one i will launch the largest _ immigration. on day one i will launch the largest deportationj launch the largest deportation programme in american history. it is estimated over 13 million immigrants are in the us

illegally. this graph shows the number of repatriations, including deportations, under 0bama, then trump, then biden. in his second term, trump wants a significant increase. this will ask a lot of the system. one expert argues... 0n the campaign trail, trump also promised to close the us—mexico border and to suspend refugee admissions. as president, he can order deportations and changes to border policy, but the implementation may not be straightforward. the next promise is on ukraine. i will end that war in one day — it will take 2a hours. trump hasn't said how he'll do this. he could offer reassurances that the military alliance, nato, won't expand towards russia. he could ask ukraine to accept some loss of territory.

he could reduce us military aid. but common ground between russia and ukraine appears scarce. trump's envoy on the war says he'd like a solution within 100 days. even that is hard to deliver. there are some promises donald trump can definitely keep. he has both houses of congress on side and a range of presidential powers. he's talked of pardoning some of the january 6th rioters and of easing regulations on petrol cars. if he chooses, he can do these. donald trump will have considerable power, but to deliver some of his biggest promises will not only require bringing in new laws and policies, it's also about their implementation and their impact. ros is in washington, as is

christian fraser, and a full team as we have a full live coverage of donald trump's inauguration here on bbc news for you. a special programme from washington will begin at 12 gmt today. be sure to tune in. now time for a look at the weather. hello. most eyes may be on the us for the presidential inauguration on monday, but for us weatherfolk, it's the atmosphere that's really caught our attention. a surge of bitterly cold arctic air all the way to the gulf of mexico and florida, clashing with warmer atlantic and gulf of mexico airjust to fire up an exceptionally strong jet stream. really quick transatlantic flights expected this week, but what a strong jetstream also means is that we're breaking down the weather patterns and we're going to be firing deep and stormy areas of low pressure towards the environs around the uk. so there is that potential we could start to enter a stormier period later this week. more rain around, some snow in the hills and the potential for some impactful winds, too. so that's really from thursday onwards. to begin with, over the next few days, we've

got barely a breeze. not a huge amount changing. weatherfronts, though, early on monday across scotland, northern ireland bringing patchy rain and that quickly spreads in across northern england, north wales, and later to the north midlands and lincolnshire. spots of rain and drizzle here, maybe a bit damp towards the southwest, too. scotland and northern ireland brighten up. if you get any brightness, though, across the south, you'll be lucky, after a cold, frosty and, in places, foggy start. still plenty of cloud around and one or two spots struggling to get above freezing, although western scotland, northern ireland, up to around ten degrees. a few showers here as you go through monday night. still a weather front stranded through parts of northern england, north and west wales, with some damp and drizzly weather at times. to the south of it, a few cloud breaks could give some frost, but also some patches of fog, and a frost still possible to the northeast of scotland. now, for tuesday, sunny spells for scotland, northern ireland, a few showers, although southern scotland linked into this weather system that's still across northern england, north and west wales with occasional rain. south and east of that, we'll see some sunny spells just about break through.

there could be some lingering fog patches, but overall, still a fairly cool day. weather patterns do look fairly static, though, tuesday into wednesday, but notice this deep area of low pressure across iberia — some pretty unpleasant conditions in portugal over the next few days — and a finger of that could just extend towards the southeast in the channel islands into wednesday, bringing some longer spells of rain. other than that, still a weather front across northern england, another damp day here, and more cloud with a greater risk of fog across scotland and northern ireland. but it's after that things start to turn increasingly stormy. wet and windy for many on thursday but the worst of the winds, certainly, on friday. take care.

live from london, this is bbc news. donald trump will be sworn in for a second term as president of the united states as he promises to sign a blitz of executive orders on his first day in office. this is the scene live in washington ahead of the inauguration ceremony. sobbing. emotional reunions as israeli hostages embrace their families — released from captivity in gaza after 15 months. celebrations in the occupied west bank as the first palestinian prisoners to be

freed under the gaza ceasefire deal return home. in gaza itself, more than 500 aid trucks have now entered the territory. tiktok is back up and running in the united states after a short lived ban. the app's chinese owners thank donald trump. hello, i'm kasia madera. washington dc, where in the coming hours, donald trump will be sworn into office as the 47th president of the united states. jd vance taking the oath of office as his vice president. mr trump has already reaffirmed his commitment to carry out the largest deportation programme in american history. and that he's going to enact a series of executive orders within hours of taking office. ahead of his inauguration,

during a wide ranging speech