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Hard Numbers: US chip war hits Chinese tycoons, Nigerian gay wedding raid, Taliban ban women from college, EU solar surge
A woman visits a semiconductor device display in Shanghai, China.
Reuters
28: The US tech war on China's semiconductor industry is hitting Chinese tycoons where it hurts most — their wallets. According to a private survey, the combined private wealth of China's top 100 richest chip bosses has dropped by a whopping 28% this year.
19: Islamic police arrested 19 people accused of organizing a gay wedding in Kano, one of 12 states in northern Nigeria that enforce sharia law — which mandates the death penalty for same-sex relationships. The couple, who did not get hitched, is on the run.
0:: That's how many women the Taliban will allow to attend university in Afghanistan from now on. The hardline Islamic regime had already limited the subjects women could study in college and separated them from men, but this latest move confirms that the Taliban 2.0 is a carbon copy of its first iteration from 1996-2001.
47: Solar energy generation in the EU has surged by 47% so far this year compared to 2021, as this renewable source is fast becoming an affordable solution to high energy prices across the bloc. Germany added the most solar power, closely followed by Spain.Elections have been taking place around the world in recent weeks – and if there’s one thing they have in common, it’s this: voters are fired up.
Airlines across the continent have been affected by threats, now in their second week, with some planes making emergency landings or being escorted by fighter jets.
On The Debrief, Clayton Allen explains why the vice president’s ties to Trump—and dependence on a fractured MAGA coalition—could make 2028 a race he chooses to skip.
From shopping to services, consumer spending is showing strength across categories. Holiday shopping got an early start, and it’s not just higher earners filling their carts. Bank of America Institute sees continued spending growth recovery for lower- and middle-income households. See what’s driving the trends.