News
Hard Numbers: More good food news, runaway Argentine inflation, Ivorian pardon, Bangladesh fuel price hike
Paige Fusco
170,000: Four more ships carrying almost 170,000 metric tons of grain left Ukraine's Black Sea ports on Sunday, the same day the first foreign-flagged vessel arrived there since the Russian invasion in February. More welcome news for mitigating the global food crisis, although it'll take months to reach pre-war export levels.
90.2: Analysts now predict that Argentina's inflation will reach a whopping 90.2% this year, 16.2 percentage points higher than the previous estimate. Getting inflation under control is priority no. 1 for Sergio Massa, the newly minted "super minister" in charge of saving the economy.
20: Ivory Coast President Alassane Ouattara pardoned his predecessor Laurent Gbagbo, sentenced in 2018 to 20 years in prison for stoking political turmoil that led to a brief civil war in 2011. Gbagbo returned from exile a year ago after the ICC acquitted him of war crimes during the same period.
50: Bangladesh has raised the price of fuel by 50%, its largest-ever hike. The government needs to cut back on subsidies in order to get a big IMF loan, but the move is already triggering mass protests and will likely result in higher inflation.Xi Jinping will welcome Donald Trump with lots of pomp and circumstance. The summit, though, will be short on substance.
Israel used AI in Gaza in a way that felt "potentially uncomfortable for the US military tradition" says Bloomberg reporter Katrina Manson.
Ian Bremmer breaks down the complicated reality inside Venezuela after Nicolás Maduro’s removal from power. While the Trump administration sees the operation as a major foreign policy victory, Ian argues the harder challenge is only beginning; turning Venezuela into a stable economy and a representative democracy.
Even Eurovision cannot escape geopolitics, South Africa’s constitutional court opens door to Ramaphosa impeachment vote, Zelensky’s former right-hand man accused in corruption probe