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Graphic Truth
One of the major factors that pushed Japanese Prime Minister Shigeru Ishiba to resign over the weekend was inflation. Although Japan’s headline figure of 3% may not seem all that high, the country had grown accustomed to rates at or below 1% between 2012 and 2022. What’s more, the headline figure masks soaring prices for a major staple Japanese food: rice. The cause? Extreme heat in 2023 and an earthquake last year spurred major supply shortages. Here’s a fine-grain look at rice price trends over the past year.
100 Years of Category 5+ Hurricanes in North America
20 years ago, Hurricane Katrina devastated Louisiana and the Gulf Coast, killing nearly 1,400 people and destroying thousands of homes in the predominantly Black Lower 9th Ward of New Orleans. While Katrina remains the costliest US storm in history at $200 billion, it is just one of the increasingly frequent category 5 hurricanes to hit North America over the last 50 years.
Three Numbers, One Story: Trump ups India's tariffs
The US imposed steep 50% tariffs on Indian goods Wednesday, doubling an earlier 25% levy after New Delhi increased purchases of Russian oil. The move threatens $48.2 billion in exports, hitting labor-intensive sectors like textiles, jewelry, leather, food, and autos hardest, though pharmaceuticals and electronics are spared. Indian exporters warn of job losses and unviable businesses, while Prime Minister Narendra Modi has vowed not to yield to US pressure on agriculture and dairy access. With trade talks stalled, India is preparing reforms to boost domestic demand and diversify exports toward Europe, Africa, and Southeast Asia.
The Pentagon is seeking more than $3.5 billion in emergency funding to replenish US weapons and equipment for Israel, following Iran’s large-scale April 2024 missile and drone attack.
The Pentagon is seeking more than $3.5 billion in emergency funding to replenish US weapons and equipment for Israel, following Iran’s large-scale April 2024 missile and drone attack. The largest single request, about $1 billion, is for RTX’s Standard Missile interceptors which are used to shoot down ballistic missiles. Another $204 million is earmarked for Lockheed Martin’s THAAD interceptors, which destroy ballistic missiles at high altitudes. Funds for radar upkeep, vessel refurbishments, and munitions transport are also on the bill. The requests, drawing on Congress’s 2024 Israeli Security Supplemental Appropriations Act, underscore the steep costs of sustaining a heightened US military presence in the Middle East.
100 Years of Category 5+ Hurricanes in North America
Hurricane Erin intensified quickly over the weekend, becoming a Category 5 storm packing wind speeds of 160 miles per hour. As the week begins, Erin, the first hurricane of the 2025 Atlantic season, has dropped to Category 4 and is threatening the East Coast with high winds, heavy rains, and rough surf. If recent years are a measure of what’s to come, Erin could be the first of several major storms this season. Here’s a look at how the number of Category 5 hurricanes across North America has increased by 56% over the last 50 years.
US President Donald Trump’s upcoming summit with Putin has cast a spotlight on oil exports, a key source of revenue for Russia’s war in Ukraine. The White House has been threatening Russia with so-called “secondary sanctions”, while punishing buyers — slapping a 50% tariff on India, the largest buyer of Russian crude in 2025 (more on that here). Here’s a look at the biggest buyers of Russian oil via boat in 2025.
US prices rose 2.7% over the 12 months until July 2025, a relatively steady rate despite the onset of President Donald Trump’s tariffs. But what’s behind this inflation figure? This Graphic Truth explores how the prices of various categories of consumer goods are changing.