57: The number of seats – out of 61 – that Myanmar’s military-backed Union Solidarity and Development Party has won in the lower house following Sunday’s election, according to a party official. The election, the first since the army seized power in 2021, was widely viewed as a sham, with many townships refusing to vote.
$22 billion: The net outflow from African nations to China from 2020-2024, a reversal from the net inflow of $30 billion over the preceding five-year period. This turnaround reflects rising debt repayments and a sharp drop in the amount of Chinese loans to the continent.
500,000: The number of undocumented migrants who could be granted legal status in Spain, according to the country’s government. It’s a notable move for the fast-growing European economy, and one that stands in contrast to many of its neighbors, which have tightened legal immigration.
25%: The incoming US tariff rate on South Korean imports, after US President Donald Trump vowed to raise duties from 15%. Trump said lawmakers in Seoul were taking too long to enact a trade deal that the two sides had agreed on in July – the deal would have allowed preferential treatment for Korean cars in the US market.
250%: The amount that silver prices have risen over the last year, an astonishing amount that far eclipses the jump in gold prices. The cost of silver now sits around $110 per troy ounce.
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What is President Trump trying to achieve in Iran, and how does his strategy compare to past US interventions in the Middle East?
The US has paused Russian oil sanctions in a bid to stabilize energy markets rocked by the war with Iran. Administration officials stress that it’s a “tailored” measure, applying only to oil already loaded onto tankers, but it’s still a gift to Russia, which has already been clocking an extra $150 million daily in oil revenues since the war began.
4: The number of crew members aboard a US refuelling plane – out of six total – who died after the aircraft crashed in neighboring Iraq on Thursday, US Central Command said this morning.