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Hard Numbers: Germany vs. Last Generation, Iran's atomic hole, lopsided DRC-China mine deal, Amazon "dieback"
Police surround activists of the "Letzte Generation" (Last Generation) after they glued their hands on asphalt
Reuters
80-100: Iran is constructing a new underground nuclear facility that might be too deep to be destroyed in airstrikes with conventional weapons. According to satellite image analysis, the depth of the site is between 80 and 100 meters (260-328 feet). That’s beyond the range of the US military's most powerful bunker cluster bomb, which can plow through 200 feet of earth before detonating.
70: The Democratic Republic of Congo wants to more than double its stake to 70% in a cobalt and copper infrastructure-for-minerals joint venture with Chinese companies, a deal the Congolese now view as unfair. Expect DRC President Felix Tshisekedi to bring this up with Xi Jinping when he visits China this week.
In this Quick Take, Ian Bremmer says the Trump administration’s push for $200 billion in supplemental funding for the war in Iran is a sign that the conflict is getting more expensive, more entrenched, and harder to contain.
Younger millennials have seen the monthly auto loan payments jump nearly 60% since 2019, and the EV demand has cooled. What does it mean for the road ahead? Get the full analysis from Bank of America Institute and subscribe for more economic insights.