News
August 21, 2018
800,000: Flooding in the southern Indian state of Kerala, the worst in a century, has displaced some 800,000 people and killed more than 350. Officials have put estimates of storm damage at nearly $3 billion.
700,000: South Korean President Moon Jae-in wants to set up rail links with the North, a project that could create more than 700,000 jobs in South Korea over the next five years, according to the IBK institute. Moon, whose approval rating has hit its lowest level since he took office in 2017, is eyeing the economic dividends from détente with Kim Jong-un.
90: More than 90 percent of Ethiopians hold a favorable view of the newly installed Prime Minister Abiy Ahmed, according to local research firm WAAS International. That may well make Mr. Abiy – who has pledged broad reforms and pulled off a historic peace overture with neighboring Eritrea – the most popular leader in the world.
37.3: Since being thrown behind bars, Brazil’s former PresidentLuiz Inacio “Lula” da Silva has only seen his popular support grow. Recent polls give him 37.3 percent of voter intentions – a 5 percentage point bump from the previous month – ahead of October’s pivotal election. The closest contender is far-right candidate Jair Bolsonaro with 18.3 percent of voter intentions.
5: The Venezuelan government moved this week to create a new currency, the “Sovereign Bolívar,” by simply wiping away five zeros from its existing legal tender. Not bad if you compare it with Hungary, which shed 29 zeros from its currency between 1945 and 1946, and Yugoslavia, whose currency dropped 27 zeros from 1990 to 1994.
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