It is a morning of relief and reward for South Africa. Alec Hogg breaks down two major regulatory victories that will ease the cost of doing business: the US House has officially passed the AGOA extension bill, and the EU has removed South Africa from its high-risk "grey list" jurisdictions. Also in this episode: Geopolitics: Iran reaches a boiling point as protests turn deadly, while Venezuela releases US prisoners. The Deal Closed: ASP Isotopes completes its acquisition of Renagen, handing founders Stefano Marani and Nick Mitchell senior global roles and (large) dollar-based pay packets. Davos 2026: The World Economic Forum has morphed into a "Donald Trump Fan Club" with notable absence of BRICS and the Global South. Markets: Bitcoin nears $100k, Sasol rallies 4.5%, and JPMorgan drags down Wall Street.