News
Hard Numbers: Earth is dying, Obiang’s frozen riches, COVID soars in Israel, Indonesian police brutality
Gabriella Turrisi
16: A new study tracking Earth's "vital signs" has found that 16 out of 31 indicators of planetary health are getting worse due to climate change. Last year's pandemic-induced shutdown did little to reduce global carbon dioxide emissions, stop the oceans from warming, or slow the shrinking of polar ice caps.
150 million: Teodorín Obiang, son of the longtime dictator of Equatorial Guinea, lost his appeal against a conviction for embezzlement in a French court. The ruling could pave the way for up to 150 million euros ($176.8 million) in Obiang's seized assets — including a 101-room mansion in the center of Paris — to someday be returned to the people of his oil-rich West African homeland.
2,000: Israel has reported more than 2,000 daily COVID infections for the second day in a row, likely as a result of the more contagious delta variant. The country has fully vaccinated almost 59 percent of its population, and is now considering giving booster shots.
2: The Indonesian government issued a rare apology after two military officers were caught on video kneeling on the head of a deaf, indigenous Papuan man. Some ethnic Papuans — who have long complained of abuse and discrimination by Indonesians — have compared the act with the US murder of George Floyd, which sparked global protests against racism and police brutality in the summer of 2020.Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.
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