Hard Numbers

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.

More from GZERO Media

Chart of the most consequential Supreme Court cases of 2025.
Eileen Zhang

The 2025 Supreme Court term began this month, ushering in a slate of cases that could reshape American governance. No one will be watching more closely than President Donald Trump, whose efforts to expand executive power and limit independent oversight will be under the judicial microscope.

Kenya's opposition leader Raila Odinga addresses delegates after President William Ruto signed the Independent Electoral and Boundaries Commission Amendment Bill 2024, backed by the National Dialogue Committee (NADCO), at the Kenyatta International Conference Centre in Nairobi, Kenya, on July 9, 2024.
REUTERS/Thomas Mukoya

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.