News
December 07, 2020
27: A global study revealed something we all already knew: lockdowns intended to stop the spread of the coronavirus have had a negative effect on people's physical and mental health. More than 27 percent of respondents (out of a study of 8,000) said they had gained weight after going into "lockdown," according to a study published in the Journal of Obesity. Many also reported battling mental health ailments as a result of the economic and public health crises.
12,000: Amid a years-long recession and soaring poverty exacerbated by the coronavirus pandemic, Argentina's parliament passed a one-off wealth tax to be borne by 12,000 of its wealthiest residents. Argentina's leftist president Alberto Fernández says he hopes the levy will generate 300 billion pesos (US$3.75 billion), which will be used to procure medical supplies and provide loans to small businesses.
0: In Kuwait's General Assembly election last weekend, zero of the 29 female candidates won a seat, while the lone female MP, Safa al-Hashem, was booted out. Women won the right to vote in the Gulf kingdom just 15 years ago.
700: The Pentagon announced that all US servicemen and women in Somalia, around 700 troops, will be withdrawn by mid-January, and will likely be redeployed to other parts of East Africa. Somali officials, for their part, said the timing could not be worse: the militants of al-Shabab and Islamic State continue to wreak havoc in the country, while conflict flares in neighboring Ethiopia.
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In this Quick Take, Ian Bremmer breaks down the escalating US-Israel war with Iran and its ripple effects on global markets and supply chains.
As missiles fly and oil prices soar, the Iran war is exposing another major resource vulnerability in the Middle East: water. Fresh water has been a scarce commodity in a region defined by a dry climate and low rainfall, but attacks on the region’s desalination plants, which convert seawater into drinking water, threaten to open a new front.
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