25: Twenty-five people have died and twenty homes were destroyed in a landslide triggered by heavy rain and snow in eastern Afghanistan's Nuristan province. Harsh winter weather, difficult terrain, and a lack of resources are hampering rescue efforts for those still trapped.
35,300,000,000: Capital One will merge with credit card network Discover in an all-stock deal valued at $35.3 billion dollars, expected to close in late 2024 or early 2025. The merger would render the combined firm the largest US credit card company by loan volume, but consumer advocates say the deal raises antitrust concerns.
519,000,000: The West African nation of Niger has defaulted on another debt payment, bringing its total debt default to $519 million since a military coup last July, according to the West African monetary union debt management agency UMOA Titres. Niger’s recent missed payment of $22 million is but the latest challenge faced by the Sahel nation, including suspended international aid, closed borders, and a possible currency change.
26: Twenty-six people were killed in a tribal ambush in a community dispute in Papua New Guinea's Highlands region. The area has traditionally struggled with violence, but a recent influx of illegal firearms have made clashes more deadly.
6: The EU could take a big bite out of ByteDance, parent company of social media giant TikTok. The company could be subject to a fine of 6% of its global turnover if found to have violated EU online content rules, particularly regarding the protection of minors and advertising transparency.
474,000,000: Now that’s a holiday! During China’s eight-day Lunar New Year celebrations, Chinese travelers were on the move, taking 474 million domestic trips, up 19% from 2019, and splashing out spending of 632.7 billion yuan (US$87.9 billion), up 7.7% from pre-pandemic levels.
100,000: Japan's latest craze? Snagging a bullet train food cart for your kitchen or canteen. After Central Japan Railway decided to discontinue the use of its 50 iconic snack-mobiles, it was swamped with nearly 2,000 bids at $100,000 yen (US$666) a pop, proving that the race for train memorabilia is just as fast-paced as the shinkansen line itself.
On June 14, the US and Iran announced a deal to end the war. A signing ceremony is set for Friday. The terms include an immediate ceasefire on all fronts. With both sides spinning the deal as a victory, there are plenty of ways for this to go wrong.
In this episode of "ask ian," Ian Bremmer looks at what the rise of Elon Musk as the world’s first trillionaire reveals about wealth, innovation, and the future of the American Dream.
As AI reshapes the future of work, its impact will depend on the choices we make today. In this new blog, Brad Smith reflects on how graduates are calling for technology that supports human judgment, expands opportunity, and strengthens the role of people in shaping the future. As AI adoption accelerates, the focus must remain on building skills, creating meaningful work, and ensuring its benefits are broadly shared across society. Read the full blog here.
Israeli PM Netanyahu was already struggling in polls ahead of elections later this year, but his situation might get worse after Washington and Tehran agreed to a deal (pending its signing on Friday). Why the issue with ending the war?