News
May 27, 2021
6 trillion: Joe Biden's first budget as US president will propose a whopping $6 trillion in federal spending on infrastructure, education, and healthcare to make America more competitive. This would be the highest level of sustained US government spending seen since the end of World War II. (And that's why we call him Trillion Dollar Joe.)
4: Iran has banned cryptocurrency mining for four months following a surge in power outages that the regime blamed on computers churning through blockchain transactions. Cryptocurrency mining can be immensely lucrative, but it has a huge carbon footprint.
10: The European Commission has warned AstraZeneca that it will start charging it 10 euros ($12.2) per dose per day if the Anglo-Swedish company fails to deliver 300 million COVID vaccine doses to the EU by the fall. Brussels and AstraZeneca are embroiled in an ongoing legal dispute over this issue, and have been at odds for months over the scant supply of jabs, which has contributed to the bloc's sluggish vaccine rollout.
8: An Indonesian court has sentenced prominent hardline cleric Rizieq Shihab to eight months in prison for violating COVID restrictions by participating in multiple mass in-person events after his return last year from self-imposed exile in Saudi Arabia. Rizieq is the leader of the outlawed Islamic Defender's Front, one of the country's most extreme militant groups.More For You
Chris, an Army veteran, started his Walmart journey over 25 years ago as an hourly associate. Today, he manages a Distribution Center and serves as a mentor, helping others navigate their own paths to success. At Walmart, associates have the opportunity to take advantage of the pathways, perks, and pay that come with the job — with or without a college degree. In fact, more than 75% of Walmart management started as hourly associates. Learn more about how over 130,000 associates were promoted into roles of greater responsibility and higher pay in FY25.
Most Popular
- YouTube
In his latest Quick Take, Ian Bremmer warns the blockade of the Strait of Hormuz is deepening into a prolonged global crisis, with rising economic and geopolitical costs and little sign of progress in US-Iran negotiations.
- YouTube
Trump and Cuban Americans are calling 2026 the year of liberation. Historian Michael Bustamante says the reality on the ground tells a very different story.
The latest assassination attempt at the White House Correspondents’ Dinner in Washington, D.C., on Saturday shines yet another light on the rising level of political violence in the United States.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.
