News
Hard Numbers: Turkish minimum wage hike, Kiwi PM raises cash from insult, Africa's green hydro potential, Chinese cops in Japan
Members of trade unions protest against low wages in Istanbul, Turkey.
REUTERS/Dilara Senkaya
55: Perhaps feeling increasingly desperate to get reelected next year, Turkey's President Recep Tayyip Erdoğan swung his economic populist hammer yet again to bump up the national minimum wage by 55%. That might seem like a lot, but it’s still almost 30 percentage points below the annual inflation rate in November.
100,000: New Zealand's PM Jacinda Ardern sure knows how to make gold out of a gaffe. A signed copy of a transcript of her insulting a right-wing libertarian MP sold for more than $100,000 Kiwi dollars ($63,200), all of which will go to the country's Prostate Cancer Foundation.
1.1 trillion: Africa could make up to $1.1 trillion from selling and using solar-powered "green" hydrogen by 2035, according to a new report. It's cheaper to produce than fossil fuels and could help cut the continent's greenhouse gas emissions by 40%.
102: Japan is investigating whether China has set up secret police stations in the country, similar to those allegedly established in Europe to target Chinese nationals living there with pending charges back home. Beijing is suspected of having established at least 102 of these facilities in 53 nations.Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.
Despite a ceasefire in Gaza, Israel is still not letting foreign journalists in to independently verify what’s happening on the ground, CNN’s Clarissa Ward tells Ian Bremmer on GZERO World.
On Ask Ian, Ian Bremmer breaks down the steady escalation of US pressure on Venezuela and why direct military action is now a real possibility.
From civil conflicts to trade wars to the rise of new technologies, GZERO runs through the stories that have shaped this year in geopolitics.