10 things you need to know today: January 20, 2015

(Image credit: (AP Photo/Shizuo Kambayashi))

1. ISIS threatens to kill two Japanese hostages

The Islamic State released a video Tuesday showing two Japanese hostages, and threatening to kill them unless Japan pays $200 million in ransom within 72 hours. Tokyo said it was working on verifying the authenticity of the video, and that it would be outraged if the men shown wearing orange jumpsuits in the clip, identified as Kenji Goto Jogo and Haruna Yukawa, were harmed. Japanese Prime Minister Shinzo Abe said the world needs to "deal with terrorists without giving into them."

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.