Middle East
Hard Numbers: Crypto upgrade, Angolan inauguration, Iran’s SCO bid, soaring US mortgage rates, enthusiasm for omicron boosters
Representation of Ethereum, with its native cryptocurrency ether.
Reuters
99: Ethereum, the world's no. 2 cryptocurrency after Bitcoin, successfully completed a long-awaited software upgrade that will reduce carbon emissions linked to its mining by 99%. Crypto fans hope “the merge” will help get environmentalists off their backs and end the crypto price slump they’ve suffered since May.
2: Following an unusually competitive election, João Lourenço was inaugurated on Thursday for his second term as Angola’s president. What should we expect? Protests from the opposition, which contested the result as rigged.
9: Iran just inched a step closer to becoming the ninth member of the Shanghai Cooperation Organization by signing a memo to join the Central Asian security bloc. Increasingly isolated on the global stage, Tehran needs all the friends it can get — it also recently applied to join BRICS.
6: Thirty-year fixed mortgages, the most common home loan in America, surpassed 6% for the first time since 2008, double what it was nine months ago. This comes as the consumer price index released this week showed the cost of housing remains stubbornly high despite rising interest rates.
72: Around 72% of Americans say they would get a new COVID booster shot, the first vaccine developed to match developing Omicron variants, according to the Centers for Disease Control and Prevention. Still, this comes amid growing criticism that the public awareness campaign around the new shots has been sluggish.Global conflict was at a record high in 2025, will 2026 be more peaceful? Ian Bremmer talks with CNN’s Clarissa Ward and Comfort Ero of the International Crisis Group on the GZERO World Podcast.
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Indian Prime Minister Narendra Modi isn’t necessarily known as the greatest friend of Muslim people, yet his own government is now seeking to build bridges with Afghanistan’s Islamist leaders, the Taliban.
The European Union just pulled off something that, a year ago, seemed politically impossible: it froze $247 billion in Russian central bank assets indefinitely, stripping the Kremlin of one of its most reliable pressure points.