當唐納德·川普收斂他那些瘋狂的想法時，一切都恢復了正常。但這些陣痛也讓我們得以窺見一個顛倒的世界，在這個世界裡，美元資產不再安全。
美元波動貶值的新時代已經來臨。
When Donald Trump backs off his maddest ideas, normality returns. But the spasms offer glimpses of a topsy-turvy world in which dollar assets are no longer safe
全球化是如何瓦解的？在《末日循環》一文中，一位經濟學教授給了一個令人警醒的答案 https://econ.st/3O199dt
How did globalism fall apart? In “The Doom Loop”, an economics professor offers a sobering answer https://econ.st/3O199dt
Illustration: Ben Jones
微笑曲線被反轉，意外爆紅的「哭泣小馬」玩具在中國爆紅
https://www.reuters.com/world/asia-pacific/accidental-crying-horse-toy-wins-hearts-china-2026-01-26/
中國義烏，1月26日（路透）－在中國最大的批發市場義烏國際商貿城，顧客們湧入一家小店，尋找一款在農夫新年到來之際意外爆紅的玩具。
他們正在尋找一匹紅色的毛絨小馬，它嘴角下垂，脖子上掛著一個金鈴鐺，眼睛似乎在躲避人們的目光。這款玩具在春節假期前夕在中國社交媒體上迅速走紅，而今年恰逢中國十二生肖中的馬年。
路透社《內幕追蹤》新聞簡報是您了解全球體育盛事的必備指南。點擊此處訂閱。
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菲律賓垃圾掩埋場坍塌致28人死亡
宿霧市救援人員已從上週坍塌的垃圾堆中打撈出28具遺體。目前仍在搜尋8名失蹤人員。
Accidental 'crying horse' toy wins hearts in China
YIWU, China, Jan 26 (Reuters) - At Yiwu International Trade City, China’s largest wholesale market, customers crowd into a small shop searching for an unlikely bestseller ahead of the Lunar New Year.
They are looking for a red plush horse with a downturned mouth, a gold bell around its neck, and eyes that appear to shy away from a viewer’s gaze. The toy has gone viral on Chinese social media ahead of the Spring Festival holiday, which this year marks the Year of the Horse in the Chinese zodiac.
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