Hard Numbers: Macron’s pension fireworks, US and Europe’s inflation woes, Russia’s LGBTQ crackdown, Big Tech’s bad week

French President Emmanuel Macron
French President Emmanuel Macron
Paige Fusco

65: French President Emmanuel Macron plans to implement pension reform and deliver on his vow of raising the retirement age by three years to 65 by 2031. Expect uproar! If there’s one thing the French hate more than politicians, it’s government interference with the national pension scheme.

7: The weekly rate on 30-year fixed mortgages in the US topped 7% on Thursday – a two-decade high – as a result of the US Federal Reserve's continued effort to rein in inflation. Meanwhile, facing similar inflationary pressure, the European Central Bank on Thursday raised interest rates by 0.75 percentage points. Some analysts believe the bank will soon pump the brakes on steep hikes, fearing Europe’s sluggish growth prospects.

400,000: The Russian Duma looks set to pass a law banning so-called “LGBTQ propaganda,” with offenders facing fines of up to 400,000 rubles ($6,500) and non-Russians facing the risk of expulsion. This builds on a 2013 bill that made sharing information about LGBTQ lifestyles with children a criminal offense.

550 billion: It has been a horrible, no good, very bad week for Big Tech, which has seen more than $550 billion wiped away in shared market value after companies including Alphabet, Amazon, and Microsoft recorded weak seasonal earnings. One of the biggest losers was Meta, which saw its stock market value plummet this year as Wall Street lost faith in Mark Zuckerberg’s metaverse.

More from GZERO Media

Five years ago, Microsoft set bold 2030 sustainability goals: to become carbon negative, water positive, and zero waste—all while protecting ecosystems. That commitment remains—but the world has changed, technology has evolved, and the urgency of the climate crisis has only grown. This summer, Microsoft launched the 2025 Environmental Sustainability Report, offering a comprehensive look at the journey so far, and how Microsoft plans to accelerate progress. You can read the report here.

Armenian Prime Minister Nikol Pashinyan and Iranian President Masoud Pezeshkian shake hands as they meet with the media to make a joint statement following their talks in Yerevan, Armenia, August 19, 2025.
Hayk Baghdasaryan/Photolure via REUTERS

$3 billion: Armenia and Iran pledged to triple bilateral trade to $3 billion this week, just days after Yerevan inked a US-brokered peace deal with Azerbaijan.

An Indian paramilitary soldier guards a road during India's 79th Independence Day celebrations in Srinagar, Jammu and Kashmir, on August 15, 2025. Prime Minister Narendra Modi issues a stern warning to Pakistan, stating that India will not tolerate nuclear blackmail anymore and will give a befitting reply to the enemy. He asserts that India has now set a ''new normal'' of not differentiating between terrorists and those who nurture terrorism.
Photo by Firdous Nazir/NurPhoto

For four days in May, two nuclear rivals stood at the brink of a potentially catastrophic escalation, one that could impact a fifth of the world’s population.

People celebrate after early official results show Bolivian presidential candidate Jorge "Tuto" Quiroga of the conservative Alianza Libre coalition in second place, and as the ruling party Movement for Socialism (MAS) was on track to suffer its worst electoral defeat in a generation, in Santa Cruz, Bolivia, August 17, 2025.
REUTERS/Ipa Ibanez

20: The centrist Rodrigo Paz and the conservative Jorge Quiroga advanced to Bolivia’s presidential runoff election after winning the most votes in Sunday’s first round, ensuring that a left-wing politician won’t occupy the country’s presidency for the first time in 20 years.

Enaam Abdallah Mohammed, 19, a displaced Sudanese woman and mother of four, who fled with her family, looks on inside a camp shelter amid the ongoing conflict between the paramilitary Rapid Support Forces (RSF) and the Sudanese army, in Tawila, North Darfur, Sudan July 30, 2025.
REUTERS