Photo: FABRICE COFFRINI/AFP/Getty Images

Indian Prime Minister Narendra Modi on Tuesday cited climate change as the top issue the world must collaborate on, and BP CEO Bob Dudley said he was enthusiastic about solar energy.

Why it matters: Each of their comments, made on the opening day of the World Economic Forum in Davos, Switzerland, underscores a prevailing global sentiment: Most other world leaders and the world’s biggest energy companies are moving forward on renewable energy and addressing climate change regardless of President Trump, whose policies are moving America in reverse on these issues.

Gritty details:

  • “Glaciers are receding, ice caps are melting in the Arctic, many islands are sinking,” Modi said in his address. “There can be floods, or there can be drought, we are seeing the impact of extreme weather conditions.” He went on to say that countries have not worked together on living up to their pledges to the Paris climate deal, which Trump has said America will withdraw from. “We should all have come out of our limited narrow confines and we should have demonstrated solidarity,” Modi said.
  • Dudley said in an interview with Bloomberg that he’s “enthusiastic” about developing solar projects. He also said the Trump administration’s decision earlier this week to impose tariffs on solar imports is “not going to change our direction.”

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What’s next: Expect similar messages today, with French President Emmanuel Macron and German Chancellor Angela Merkel on tap to speak. Both world leaders attended the United Nations climate talks in Bonn, Germany, last year, to stress the importance of acting on the issue, despite Trump.

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Report: Goldman to settle DOJ probe into Malaysia's 1MDB for over $2B

Illustration: Lazaro Gamio/Axios

Goldman Sachs has agreed with the Department of Justice to pay over $2 billion for the bank's role in Malaysia's multi-billion dollar scandal at state fund 1MDB, Bloomberg first reported.

Why it matters: The settlement, expected to be announced within days, would allow Goldman Sachs to avoid a criminal conviction in the U.S. over the bribery and money laundering scandal that saw three of its former bankers banned for life from the banking industry by the Federal Reserve Board.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Trump threatens to post "60 Minutes" interview early after reportedly walking out

Trump speaks to reporters aboard Air Force One, Oct. 19. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted on Tuesday that he was considering posting his interview with CBS' "60 Minutes" prior to airtime in order to show "what a FAKE and BIASED interview" it was, following reports that he abruptly ended the interview after 45 minutes of taping.

Why it matters: Trump has escalated his war on the media in the final stretch of his re-election campaign, calling a Reuters reporter a "criminal" this week for not reporting on corruption allegations about Hunter Biden and disparaging CNN as "dumb b*stards" for the network's ongoing coronavirus coverage.