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Hard Numbers: Race to replace Boris, Mexico "pays" for wall, IMF-Pakistan bailout deal, pricey African crude

Hard Numbers: Race to replace Boris, Mexico "pays" for wall, IMF-Pakistan bailout deal, pricey African crude
Rishi Sunak launches his campaign to be the next Tory leader and British PM in London.
REUTERS/Henry Nicholls

5: After two rounds of voting, five candidates are still in the race to succeed outgoing UK Prime Minister Boris Johnson. The early frontrunners are former Chancellor of the Exchequer Rishi Sunak, Trade Secretary Penny Mordaunt, and Foreign Secretary Liz Truss. The list will get whittled down to two before Conservative Party members have their say in early September.

1.5 billion: Now that Donald Trump is out of office, Mexico will finally (sort of) pay for America’s border wall. After meeting US President Joe Biden in person for the first time this week, Mexico's President Andrés Manuel López Obrador agreed to cough up $1.5 billion for a joint initiative to improve border security.

6 billion: The IMF has reached a preliminary agreement to revive a $6 billion bailout with Pakistan signed in 2019. The Pakistanis have seen the writing on the wall in nearby Sri Lanka and are determined to avoid default.

3: Crude oil from three African countries — Algeria, Equatorial Guinea, and Angola — are the world's most expensive varieties of black gold so far this year. Algeria's Sahara Blend is no. 1 because it's low in sulfur, light, sweet, and easy to refine.

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Russian President Vladimir Putin meets with journalists to comment on new U.S. sanctions targeting two major Russia's oil producers, as well as other international issues, in Moscow, Russia, October 23, 2025.
Sputnik/Alexander Shcherbak/Pool via REUTERS

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.

A Boeing C-135 Stratotanker / Stratolifter military aircraft known as KC-135 of the United States Air Force USAF configured as Air Tanker Transport for aerial refueling, powered by 4x CFMI jet engines and tail number 63-8003. The military plane spotted flying over the Netherlands in the blue sky from Mainland USA to Tel Aviv TLV to support the Israel USA - Iran war known as Operation Epic Fury by the US Department of Defense. Venlo, the Netherlands on March 2, 2026
Photo by Nicolas Economou/NurPhoto

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.