News

Hard Numbers: Turkish minimum wage, Chilean presidential dead heat, no North Korean laughs, Brazilian pols slug it out

Hard Numbers: Turkish minimum wage, Chilean presidential dead heat, no North Korean laughs, Brazilian pols slug it out
Members of the Confederation of Progressive Trade Unions of Turkey (DISK) shout slogans as they gather to announce their expectations about 2022 minimum wage in Ankara, Turkey December 3, 2021.
REUTERS/Cagla Gurdogan

50: Turkey has raised the minimum wage by a whopping 50 percent to combat sky-high inflation and a crashing lira. At the same time, since September the central bank has cut interest rates five times — the exact opposite of what economists usually recommend doing when prices soar.

0.1: Ahead of Sunday's ultra-polarized election, Chilean presidential candidates Gabriel Boric and José Antonio Kast are virtually tied in the polls. The leftist Boric leads the far-right Kast by just 0.1 percentage points.

10: Starting Friday, there will be no laughing, drinking, or shopping for groceries in North Korea for 10 days to mark the 10th anniversary of the death of Kim Jong Il, father of current Supreme Leader Kim Jong Il. Anyone caught violating the ban will be treated as an "ideological criminal."

2: Two Brazilian politicians — the mayor and a former city councilor from the northern city of Borba — took a dispute over a local waterpark into an MMA ring. The mayor, who live-streamed the fight on his official Facebook account, won after three rounds.

More For You

- YouTube

Is AI advancing faster than our ability to regulate it? At the 2026 US-Canada Summit in Toronto, hosted by Eurasia Group and RBC, Ian Bremmer says the biggest issue with AI is not the technology itself, but the lack of governance keeping pace with its rapid development and rollout.

Iranian President Masoud Pezeshkian displays a memorandum of understanding after signing it in Tehran, Iran, on June 18, 2026, after the document was signed by US President Donald Trump.
Iranian Presidency via ZUMA Press

The interim agreement to end the war, signed by both sides on Wednesday, appears to tilt toward Iran. But the regime remains vulnerable.

A displaced woman holds an Iranian flag as she makes her way back to her home in southern Lebanon, on the highway of Sidon, Lebanon, June 16, 2026.
REUTERS/Zohra Bensemra

On June 14, the US and Iran announced a deal to end the war. A signing ceremony is set for Friday. The terms include an immediate ceasefire on all fronts. With both sides spinning the deal as a victory, there are plenty of ways for this to go wrong.