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Hard Numbers: China’s quantum leap, Russian cease-fire, North Korean drones, Argentine peso canvas
Japanese electronics giant Hitachi displays a silicon wafer of quantum computer chips at its laboratory in Tokyo.
Yoshio Tsunoda/AFLO via REUTERS
24: A group of 24 Chinese researchers claims to have cracked the code for the most common form of online encryption with the current generation of quantum computers. If true, this means that government secrets are up for grabs for whoever has the tech until more powerful quantum computing allows tougher encryption.
36: Starting Friday, Russia will observe a 36-hour cease-fire in Ukraine for Russian Orthodox Christmas. This is Vladimir Putin’s response to a plea by Patriarch Kirill, the head of the Russian Orthodox Church. Kyiv says it's an attempt to stop its advancements and has rejected the cease-fire.
2.2: A North Korean drone briefly penetrated a 2.2-mile radius no-fly zone around the residence of South Korea's President Yoon Suk Yeol. The South Korean military has gotten an earful because it failed to down the drones — the first to penetrate the South’s airspace since 2017 — despite scrambling fighter jets and attack helicopters.
1,000: Argentina's local currency has become so worthless that a local artist is using even the highest-denomination bill of 1,000 pesos (equivalent to $3 on the black market) as a canvas for paintings. Don't miss his take on the iconic poster from the 1975 US film "Jaws."GZERO World with Ian Bremmer is returning to your screens this week, kicking off Season 9 in a summer of sweltering global tensions. The United States is celebrating its 250th birthday, a war has reshaped the Middle East, AI is forcing humanity to confront profound ethical choices, and democracies around the world are bracing for what comes next. Host Ian Bremmer is here to make sense of it all.
As America approaches its 250th anniversary, Bank of America is investing in the legacy of leadership — committing $5M to the Theodore Roosevelt Presidential Library and conserving 110 presidential portraits at the Smithsonian National Portrait Gallery, so the history of leaders who defined our nation is preserved for generations to come. Learn more here.
In his latest “ask ian,” Ian Bremmer says the US and China should use their growing engagement to address two major global challenges where cooperation could have an outsized impact: the war in Ukraine and the risks posed by artificial intelligence.
The trade bloc is also reducing its quota of tariff-free steel imports, as trade tensions mount with Beijing.