The 10 most important things in the world right now

NURUL HIDAYAT/AFP/Getty ImagesThis aerial picture taken on December 23, 2018 by Bisnis Indonesia shows the Anak (Child) Krakatoa volcano erupting in the Sunda Straits off the coast of southern Sumatra and the western tip of Java. – The death toll from the December 22 volcano-triggered tsunami in Indonesia has risen to 281, with more than 1,000 people injured, the national disaster agency said on December 24, as the desperate search for survivors ramped up.

Hello! Here’s everything you need to know on Friday.

1.President Trump signing MAGA hats for US troops in Iraq: It has caused some division in the division. And elsewhere.

2.In an unexpected bungle, Instagram removed vertical scrolling and replaced it with a clunky horizontal feed. An unsurprisingly few users found this brief mistake amusing.

3. Like a good Cold War novel, akey dossier on murky matters concerning Michael Cohen is starting to knit together. Investigators are reportedly closer to placing Cohen and Kremlin representatives at “clandestine meeting/s” in Prague to talk about “liaisons” between the Trump campaign and Russia during the 2016 US election.

4. David Kelly the chief global strategist at JPMorgan’s $US1.7 trillion funds arm blames 2 types of investors for the season’s mad market movements. The recent sharp sell-offs are down to passive and “momentum” investors – byers and sellers depending on algorithms and automatic trades, Kelley said.

5. It’s possible that Sears has 24 hours to live.Reports suggest the century-old department-store chain has just 24 hours to secure a bid for the company, otherwise it will be liquidated.

6.Don’t believe in flying taxis or delivery drones? Then it’s time to meet these 40 companies – the pace-setters of the future field.

7. Most Americans would rather spend the $US5 billion Trump is demanding for the US-Mexico border wall on 3 things: Those things are infrastructure, education, and healthcare.

8. The British Prime Minister Theresa May has three months to sort out Brexit. Here are the five ways it could play out.

9.Indonesia orders flights to stay away from ‘Child of Krakatoa.’ The volcano Anak Karakatau continues to ominously belch smoke and spew ash after unleashing a tsunami this week that killed more than 430 people.

10.The oldest US World War II veteran dies at 112. Richard Overton was in his 30s when he volunteered for the Army and was at Pearl Harbour just after the Japanese attack in 1941.

And finally …

While you were sleeping, the night sky over New York suddenly turned an icy, eerie blue. Twitter users snapped and sent the unearthly blue glow connected to an electrical explosion over Astoria.

NOW WATCH: Briefing videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.