Hard Numbers
Hard Numbers: America’s poisoned wells, US guns in the Caribbean, China's port in Peru, Euro approaches Dollar
The Chinese-controlled megaport of Chancay, in Peru.
DPA/PICTURE ALLIANCE
27: Is there something in the water in the US these days? Yes, something poisonous. Some 27% of the country’s population drinks water from aquifers that are contaminated with so-called “forever chemicals,” according to a new study by the United States Geological Survey. The contaminants seep into the ground from military bases, chemical facilities, plastic factories, and other industrial sources.
90: Island nations across the Caribbean are suffering from a surge in homicides, and they have one thing in common: US guns. Some 90% of the firearms used in killings in the region are bought in the United States and smuggled out, usually via Florida. Last year, more than 800 US-bought firearms were seized across the Bahamas, Jamaica, the Dominican Republic, and Trinidad.
3.6 billion: On Thursday, Chinese President Xi Jinping and Peruvian President Dina Boluartewill officially open the Port of Chancay, a Chinese-built megaport on the Peruvian coast. The $3.6 billion deepwater facility is a major bid by Beijing to advance China’s commercial interests in Latin America. Peru says that the port will boost its own exports to Asia, but critics warn that Chancay – which is legally controlled exclusively by the Chinese company Cosco – is a threat to Peru’s sovereignty.
1: Amid an ongoing slump, the Euro has fallen to its lowest point this year, just cents away from reaching a value of $1. Experts cite fears that European exporters could be hammered by the tariffs that US President-elect Donald Trump has threatened. For context, with the exception of a few weeks in late 2022, the European currency has not traded at or below parity with the greenback in two decades.
Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.
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