Hard Numbers
HARD NUMBERS: China becomes top Cuba benefactor, Canada backs down, & More
A banner announces the construction of a photovoltaic solar farm in Cabaiguan, Cuba, on May 21, 2025.
REUTERS/Norlys Perez
55: China is financing 55 new solar power projects in Cuba this year, the latest sign of how it is overtaking Russia as the crisis-wracked island’s main benefactor. Some of Moscow’s recent projects in the communist country have stalled: a Russian firm pledged two years ago to revitalize a sugar mill that once employed 2,000 people, but it still sits idle.
3%: In a win for US President Donald Trump, Canada walked back on its 3% Digital Services Tax that prompted the United States to suspend trade talks on Friday. The tax, which disproportionately affected American technology firms, was set to take effect on Monday.
71: Israel’s strike last Tuesday allegedly killed 71 people at a notorious detention facility in Tehran, per Iranian State Media. The prison houses thousands of political prisoners, including opposition politicians, journalists, and activists.
4,000: More than a third of Tuvalu’s population – around 4,000 residents – have applied for a landmark ‘climate visa,’ which grants Australian residency to migrants from Pacific Island nations battling rising sea levels. NASA scientists expect that the country’s main island, home to 60% of the population, will be fully submerged by 2050.
$80,000: US Homeland Security Secretary Kristi Noem reportedly re-routed $80,000 in political donations to a newly established personal company during her time as South Dakota’s governor in 2023. Noem’s lawyer said she “fully complied with the letter and the spirit of the law.”The Supreme Court curbs Trump’s trade agenda, but the administration is undeterred. So, what's next? Ian Bremmer sits down with economists Scott Lincicome of the Cato Institute and Paul Krugman to examine the future of tariffs, and the politics shaping trade policy.
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Two Iranian drones hit Azerbaijan, Iran’s northern neighbor, on Thursday, injuring four people and expanding the Iran conflict onto another front.