News

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.
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."

More For You

- YouTube

Is AI advancing faster than our ability to regulate it? At the 2026 US-Canada Summit in Toronto, hosted by Eurasia Group and RBC, Ian Bremmer says the biggest issue with AI is not the technology itself, but the lack of governance keeping pace with its rapid development and rollout.

Iranian President Masoud Pezeshkian displays a memorandum of understanding after signing it in Tehran, Iran, on June 18, 2026, after the document was signed by US President Donald Trump.
Iranian Presidency via ZUMA Press

The interim agreement to end the war, signed by both sides on Wednesday, appears to tilt toward Iran. But the regime remains vulnerable.

A displaced woman holds an Iranian flag as she makes her way back to her home in southern Lebanon, on the highway of Sidon, Lebanon, June 16, 2026.
REUTERS/Zohra Bensemra

On June 14, the US and Iran announced a deal to end the war. A signing ceremony is set for Friday. The terms include an immediate ceasefire on all fronts. With both sides spinning the deal as a victory, there are plenty of ways for this to go wrong.