Hard Numbers: Prize money for Olympic gold, Trump tried to tank surveillance bill, EU court annuls Russian oligarch sanctions, US approves missile sale for Ukraine

Sheikh Joaan bin Hamad Al Thani, President of the Qatar Olympic Committee, Mikhail Akimenko of Authorised Neutral Athlete (ANA), Mutaz Essa Barshim of Qatar and Ilya Ivanyuk of ANA at the medal ceremony.
Sheikh Joaan bin Hamad Al Thani, President of the Qatar Olympic Committee, Mikhail Akimenko of Authorised Neutral Athlete (ANA), Mutaz Essa Barshim of Qatar and Ilya Ivanyuk of ANA at the medal ceremony.
BILDBYRÅN NORWAY
50,000: World Athletics (the international governing body for track and field) announced Wednesday that it will award prize money at the Olympics for the first time, with a $2.4 million fund for Paris 2024. Gold medalists will receive $50,000 this year, with the initiative extending to silver and bronze winners in 2028. The decision changes the Olympics’ long-standing tradition as an amateur sports event and could revolutionize the financial landscape of the Games.

702: On Wednesday, House Speaker Mike Johnson faced significant opposition from Republicans influenced by former President Donald Trump's call to reject an extension of Section 702, a controversial measure in the Foreign Intelligence Surveillance Act that allows for warrantless surveillance of foreigners abroad. Despite Trump's misleading association of Section 702 with his campaign's surveillance, his stance has made the bill's fate uncertain, with potential Republican defections and unanimous Democratic opposition due to inclusion of an unrelated condemnation of Joe Biden’s border policies in the bill.

1,700: The EU General Court on Wednesday annulled sanctions against two Russian oligarchs, citing insufficient evidence of their involvement in undermining Ukraine's sovereignty. Despite the ruling, they remain sanctioned pending a separate appeal. The decision is a setback for the EU's sanctions regime and could provide a precedent for the 1,700 other Russian oligarchs currently under sanction.

138 million: While a larger US assistance package remains stalled in Congress, the State Department on Tuesday approved a $138 million emergency sale of air defense equipment to Ukraine to bolster its defenses amid ongoing Russian assaults. This move – driven by an "emergency" need for the Hawk Phase III missile system – comes as Ukraine faces intensified air attacks and is desperate for more allied support.

More from GZERO Media

- YouTube

As the world faces rising food demand, social entrepreneur Nidhi Pant is tackling the challenge of food waste while empowering women farmers. Speaking with GZERO Media’s Tony Maciulis on the sidelines of the 2025 World Bank–IMF Annual Meetings, Pant explains how her organization, Science for Society Technologies (S4S), is helping smallholder farmers process and preserve their produce reducing massive post-harvest losses.

French police officers seal off the entrance to the Louvre Museum after a robbery in Paris, France, on October 19, 2025. Robbers break into the Louvre and flee with jewelry on the morning of October 19, 2025, a source close to the case says, adding that its value is still being evaluated. A police source says an unknown number of thieves arrive on a scooter armed with small chainsaws and use a goods lift to reach the room they are targeting.
Photo by Jerome Gilles/NurPhoto
Centrist senator and presidential candidate Rodrigo Paz of the Christian Democratic Party (PDC), speaks onstage as he celebrates following preliminary results on the day of the presidential runoff election, in La Paz, Bolivia, on October 19, 2025.
REUTERS/Claudia Morales

After two decades of left-wing dominance in Bolivia, the Latin American country elected a centrist president on Sunday. It isn’t the only country in the region that’s tilting to the right.

- YouTube

Artificial intelligence is transforming the global workforce, but its impact looks different across economies. Christine Qiang, Global Director in the World Bank’s Digital Vice Presidency, tells GZERO Media’s Tony Maciulis that while “every single job will be reshaped,” developing countries are seeing faster growth in demand for AI skills than high-income nations.

People attend a vigil in memory of Mauricio Ruiz, a 32-year-old man who was killed during Wednesday's protest against Peru's President Jose Jeri, days after Jeri took office, in Lima, Peru, on October 16, 2025.
REUTERS/Sebastian Castaneda

The Peruvian government is declaring a state of emergency in Lima after the protests, which haven’t stopped, turned deadly – police shot and killed a 32-year-old man on Wednesday at demonstrations outside the Congress.