2: El Salvador's crypto bro President Nayib Bukele has gone all in on Bitcoin, but his citizens are not yet sold on crypto for remittances, a lifeline for the economy. So far this year, only 2% of the money from Salvadorans working abroad was sent to their families using digital currencies.
3.5 trillion: The value of digital payments in China will reach a whopping $3.5 trillion by the end of the year, almost double the figure in the US. China is fast becoming a mobile-first economy, in part because sellers are allowed to make their own QR codes without purchasing fancy tech.
29 billion: Move over, Canada — Nigeria (!) now wants to become the world's first 100% cashless economy by embracing the eNaira. A year after launching the digital currency, the government says that full use of it will increase GDP by $29 billion over the next decade.
67: Two-thirds (67%) of the EU's adult population purchased stuff over the internet in 2021, according to a new survey. The highest adoption of online e-commerce was reported in the Netherlands and the lowest in Bulgaria.
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