Hard Numbers
Hard Numbers: Chile makes inflation error, Trump indicts ex-ally, Gaddafi’s son seeks freedom from Lebanon, China conduct military purge
Latin America News Agency via Reuters
Latin America News Agency via Reuters
Latin America News Agency via Reuters
Latin America News Agency via Reuters
$117 million: Chile’s government admitted it double counted inflation when setting electricity rates, costing consumers about $117 million. The error triggered a 2% rate cut for January, sent inflation expectations below target, and cost Energy Minister Diego Pardow his job.
18: Former National Security Adviser John Bolton was indicted on 18 counts of mishandling classified information, having been accused of sharing over 1,000 pages of top-secret “diary” notes with family via personal email and apps. Bolton denies wrongdoing, calling the case political. If convicted, the 76-year-old could face life in prison.
$11 million: A Lebanese judge has set bail for Hannibal Gadhafi – the son of the assassinated Libyan dictator Moammar Gadhafi – at $11 million. The younger Gadhafi has been jailed in Beirut for a decade, after Lebanese militants abducted him in an apparent bid to gain information about a Shiite cleric. He hasn’t faced any formal charges.
9: Chinese President Xi Jinping ousted nine high-ranking military officers, including the second-most senior general, in an apparent crackdown against corruption and disloyalty. All nine will face court martial.
The Supreme Court curbs Trump’s trade agenda, but the administration is undeterred. So, what's next? Ian Bremmer sits down with economists Scott Lincicome of the Cato Institute and Paul Krugman to examine the future of tariffs, and the politics shaping trade policy.
Think you know what's going on around the world? Here's your chance to prove it.
Two Iranian drones hit Azerbaijan, Iran’s northern neighbor, on Thursday, injuring four people and expanding the Iran conflict onto another front.