The world in brief

In today's edition: Germany's agony about tanks, Microsoft's earnings and Donald Trump faces a probe over election interference in Georgia

• agony: 극도의 고통

Kiwi politics

Jacinda Ardern's successor will have his work cut out ahead of an election in October

Downhill after Davos

Winter has come for big business-and it isn't pretty

Waves of excess

A property slowdown has been catastrophic for China's economy. Trying to fix the industry carries further risks

<Reference: Economist>