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Hard Numbers: Indian crypto tax, Peronistas vs IMF, Guinea-Bissau coup attempt, Austrian vax mandate
Representation of Bitcoin cryptocurrency and Indian flag.
Jakub Porzycki/NurPhoto
30: India plans to introduce a 30% tax on capital gains from trading cryptocurrencies and non-fungible tokens. Last November, the government threatened to ban all crypto transactions after the central bank warned they pose a risk to the country's financial stability.
44.5 billion: A top lawmaker from the ruling Peronista party has quit over Argentina's recent deal to restructure $44.5 billion of IMF debt. Máximo Kirchner and his mom, the powerful VP Cristina Fernández de Kirchner, both reject IMF demands to rein in spending in order to defer debt payments.
5: The president of Guinea-Bissau survived an attempted coup on Tuesday night. Had it been successful, it would be the fifth military takeover in West Africa in only 18 months after earlier coups in Mali, Guinea, Mali again, and Burkina Faso.
3,600: If you're an anti-vaxxer living in Austria, you're now on the hook for up to 3,600 euros ($4,502) for refusing to get a COVID jab. That's the stick, but here's a carrot from a Viennese brothel — one of our top 5 crazy vax incentives of 2021.Ever since Donald Trump returned to office last year, governments have been hedging bets on the future of American power and what it might mean for them.
Microsoft is advancing its efforts to eliminate single-use plastics across its global packaging portfolio through material innovation and design changes across products like Surface and Xbox. By rethinking how packaging works—from cushioning to coatings and structural components—the company is reducing waste and demonstrating how design decisions at scale can deliver meaningful sustainability impact. Last week, Microsoft marked a key milestone in reducing single-use plastic in its packaging to just 0.07%, reflecting significant progress toward its broader commitment to become a zero-waste company by 2030. Read the full story here.
In this “ask ian,” Ian Bremmer says the United Arab Emirates’ decision to withdraw from OPEC reflects a broader erosion of trust in longstanding institutions amid growing regional instability.