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December 08, 2020
8,849: Mount Everest, the world's highest peak, is now 8,849 meters (29,032 feet) above sea level — four meters (13 feet) higher than China's previous count — according to a new measurement jointly released by Chinese and Nepalese researchers. Nepal and China, which conduct separate surveys of the mountain and have long disagreed on Everest's official height, welcomed the consensus.
43,000: Australia plans to use equipment including heat-seeking drones and detector dogs to count the country's hard-to-find koalas. The Australian Koala Foundation said in mid-2019 that there could be as few as 43,000 koalas left, and scientists fear that last summer's bushfires may have further decimated Australia's koala population.
708 billion: Japan has announced a $708 billion stimulus package to help its economy bounce back from a pandemic-fueled slump. COVID-19 has forced Prime Minister Yoshihide Suga to delay much-needed fiscal reform in the world's most indebted country to provide relief to badly hit businesses and households.
5: Liberians vote on Tuesday in a national referendum on constitutional amendments that seek to reduce presidential terms from six to five years. President George Weah, a former football star elected in 2018, has denied that he plans to use the reform to run for an eventual third term in office, a move recently seen by leaders in neighboring Guinea and the Ivory Coast.
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Ian Bremmer sits down with Ivan Krastev, Chairman of the Centre for Liberal Strategies and political scientist, to discuss Hungary's consequential upcoming election and what it means for the far right globally.
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A new US regulatory framework sets clear rules for stablecoins, defining issuer responsibilities and laying the groundwork for consistent federal and state oversight. With guardrails in place, stablecoins are shifting from crypto experiment to payment infrastructure. Explore the stablecoin framework with Bank of America Institute.
See: “Raphael: Sublime Poetry at the Met.” The first Raphael retrospective ever mounted in the US is running through June 28 at the Met Museum.
Forty-eight countries have officially qualified for the World Cup, after Iraq booked the final spot with its win against Bolivia on Tuesday.
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