News

Hard Numbers: EU caps gas price, Canada wants immigrants, Iran enriches uranium, Serbs snub Kosovo plates

Collage showing EU & Russian flags alongside a natural gas pump and a light bulb
Paige Fusco

275: The EU unveiled its first-ever cap on natural gas prices to curb rising costs due in part to Russia's war in Ukraine. But it'll only kick in if the benchmark price of Dutch futures reaches 275 euros ($282.4) per megawatt-hour for two weeks or is 58 euros higher than the gas market reference for 10 consecutive trading days.

500,000: Canada plans to welcome half a million new legal immigrants annually until 2025 to fill a labor shortage left by retiring Baby Boomers. That's four times as many green cards as its more populous southern neighbor, the United States, issues per year.

60: Iran has started enriching uranium to 60% purity at a second atomic facility in response to a "resolution" by the UN nuclear watchdog, whose inspectors are still barred from nuclear sites. That puts Tehran just a technical step away from getting the bomb amid dim hopes of resurrecting the 2015 Iran nuclear deal.

50,000: The EU and Serbia warn things might get ugly in Kosovo after local authorities began doling out fines to ethnic Serbs driving cars with Serbian license plates instead of those issued by Pristina. Some 50,000 Serbs still living there after the 1999 war reject Kosovo’s independence and only recognize Serb institutions.

This comes to you from the Signal newsletter team of GZERO Media. Sign up today.

More For You

US President Donald Trump participates in an arrival ceremony at Beijing Capital International Airport during his visit to the country, in Beijing, China, on May 13, 2026.
REUTERS/Evan Vucci

Xi Jinping will welcome Donald Trump with lots of pomp and circumstance. The summit, though, will be short on substance.

- YouTube

Ian Bremmer breaks down the complicated reality inside Venezuela after Nicolás Maduro’s removal from power. While the Trump administration sees the operation as a major foreign policy victory, Ian argues the harder challenge is only beginning; turning Venezuela into a stable economy and a representative democracy.

Noam Bettan from Israel with the song "Michelle" are on stage at the 70th Eurovision Song Contest (ESC) during rehearsals for the first semi-final on May 12, 2026, in the Stadthalle.
Jens Büttner/dpa via Reuters Connect

Even Eurovision cannot escape geopolitics, South Africa’s constitutional court opens door to Ramaphosa impeachment vote, Zelensky’s former right-hand man accused in corruption probe