Hard Numbers: Speaking of Venezuelan Oil

4 billion: Venezuelan emigrants are expected to send $4 billion in remittances back to their crisis-wracked country this year, up from just under $2 billion in 2018. That's almost as much as the $4.7 billion the country is expected to reap from oil sales. Yes, you read that right: remittances to Venezuela are almost equal in value to all the money the government makes by selling oil.

2 billion: Speaking of Venezuelan oil, Cuba could face a higher crude import bill if opposition leader Juan Guaidó succeeds in ousting embattled Venezuelan President Nicolas Maduro from power. Subsidized oil shipped from Venezuela to Cuba currently saves the island nation $2 billion a year in imports. But Venezuela's opposition-led National Assembly has already voted (so far without effect) to suspend those shipments.

50: Next year, Asia's economies will reach a milestone, accounting for more than 50 percent of global GDP, adjusted for purchasing power. That marks the first time since the 19th century that Asia will dominate global economic output.

5: The Taliban negotiating team that's meeting with US officials at Afghanistan peace talks in Qatar includes 5 former Guantanamo inmates. Mullah Khairullah Khairkhwa and four colleagues were held by the US for 13 years at the prison camp on the island of Cuba before being released in a prisoner exchange in 2014.

More from GZERO Media

Two people picking peaches on a peach farm with a car in the background

When Walmart stocks its shelves with homegrown products like Fischer & Wieser’s peach jam, it’s not just selling food — it’s creating opportunity. Over two-thirds of what Walmart buys is made, grown, or assembled in America, fueling jobs and growth in communities nationwide. Walmart’s $350 billion commitment to US manufacturing is supporting 750,000 jobs and empowering small businesses to sell more, hire more, and strengthen their hometowns. From farms to shelves, Walmart’s investment keeps local businesses thriving. Learn how Walmart's commitment to US manufacturing is supporting 750K American jobs.

Earlier this month, Microsoft released the 2025 TechSpark Impact Report, which highlights how the company is assisting regions across the US in achieving these goals. Since its launch, TechSpark has obtained over $700 million in community funding, supported more than 65,000 people in developing digital skills, and, thanks to the work of TechSpark Fellows, catalyzed $249M+ in funding and upskilled 34,600 individuals across 46 communities — highlighting the ripple effect of local leadership and innovation. Learn more about this progress in the 2025 report here.

People walk past a jewelry store in the Diamond District of Manhattan, New York City, USA, on August 6, 2025.
Jimin Kim / SOPA Images via Reuters Connect

GZERO spoke to Eurasia Group’s Commodities Director Tim Puko to better understand why the diamond industry has tanked, and the consequences of this for geopolitics.

- YouTube

In Ask Ian, Ian Bremmer notes that US–China relations are once again on edge. After Washington expanded export controls on Chinese tech firms, Beijing struck back with new limits on critical minerals. President Trump responded by threatening 100% tariffs, then quickly walked them back.

In this episode of The Ripple Effect: Investing in Life Sciences, host Dan Riskin speaks with Patrick Horber, President of Novartis International, and David Gluckman, Vice Chairman of Investment Banking and Global Head of Healthcare at Lazard. Together, they break down the outsized economic impact of life science innovation, from trillions in US bioscience output to China’s meteoric rise as a global R&D hub.

RPG-7 training of Ukrainian soldiers. November 17, 2024.
  • Adrien Vautier via Reuters Connect

People from different cultures often approach the same problem in different ways. We wondered — would an AI trained and tuned in China approach a complex geopolitical challenge differently than a model created and trained in Europe, or in the United States?