News
September 13, 2020
62: Global carbon dioxide emissions from fossil fuels were 62 percent higher last year than in 1990, according to a new UN report. The report noted that while pandemic-related lockdowns will curb emissions slightly in 2020, the global response to COVID-19 will have a negligible impact on global progress on mitigating climate change, with many impacts already "irreversible."
15,000: Greece has announced plans to bolster its military by adding 15,000 troops over the next five years and making a "robust purchase" of new hardware, including 18 French-made fighter jets. The move comes amid rising tensions with Turkey over hydrocarbon deposits in disputed areas of the Eastern Mediterranean.
18: Mali's ruling junta has agreed to appoint a transition government (led by a military official or a civilian leader) that will be in power for 18 months before calling an election. This was a key demand from the powerful Economic Community of West African States to lift trade and border sanctions that have been in place since last month's coup.
3 trillion: The US budget deficit has for the first time surpassed $3 trillion for the financial year that ends in September, more than double the previous record set in 2009. Although the deficit was already on track to reach the $3 trillion mark even before the coronavirus pandemic, massive public spending in response to COVID-19 blew that projection out of the water.
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Two months into the Iran war, the shooting has stopped … for now. In Quick Take, Ian Bremmer explains that the fragile ceasefire between the United States and Iran is holding, with both sides avoiding direct confrontation while continuing to apply pressure in other ways. The US blockade remains in place, and Iran is still disrupting key shipping routes, underscoring just how tenuous the situation really is.
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The Iran war just proved Kim Jong Un right. His grandfather wanted the bomb, his father built it, and now the world has stopped pretending it can take it away. Ian Bremmer explains how North Korea got here, and what comes next.
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At the 2026 World Bank/IMF Spring Meetings, CFA Institute former President and CEO Margaret Franklin joined GZERO’s Tony Maciulis to discuss how investors are adapting to a world where disruption has become the baseline.
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