Extraditing `El Chapo'; Trump Channels Sanders: Saturday Wrap

  • New China data strengthens case for continued stimulus
  • DiCaprio may overcome The Force to top weekend box office

Here are highlights of the top breaking-news stories around the world on Saturday:

Mexico took initial steps to extradite the kingpin known as “El Chapo” to the U.S. -- something it had resisted with every fiber before his second prison escape in July. For now, after being recaptured on Friday, the man called the world’s biggest drug lord by the U.S. is back in the same prison he tunneled out of last year -- and his lawyer says he’ll fight to keep him in Mexico. The process could take months, even years.

China’s consumer price index for December matched economists’ forecasts, rising 1.6 percent, while the producer price index fell for the fifth straight month -- strengthening the case once again for additional stimulus measures.

David Ellison, son of Oracle billionaire Larry Ellison, is looking to line up $500 million in debt financing plus new equity for his increasingly successful TV and movie production company, Skydance Productions.

Facebook CEO Mark Zuckerberg’s campaign for free basic-Internet service in India was endorsed in about 56 percent of comments filed with the nation’s telecommunications regulator.

Donald Trump is sounding a lot like ... Bernie Sanders? “Wall Street has caused tremendous problems for us,” Trump said at a campaign rally in Iowa. “We’re going to tax Wall Street.”

Leonardo DiCaprio’s “The Revenant” is creating a disturbance in The Force: It may possibly dislodge “Star Wars” as this weekend’s box-office leader, casting some doubt on the latter’s staying power.

Emboldened by the backing of the six-nation Gulf Cooperation Council for its decision to sever diplomatic ties with Iran, Saudi Arabia’s foreign minister said the Islamic Republic needs to decide if it wants to be a nation or a revolution.

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