News
Hard Numbers: US inflation eases, Iran targeted Bolton, Trump takes the 5th, Kenyans mistrust elections
Paige Fusco
August 10, 2022
8.5: US inflation cooled slightly to 8.5% in July, driven by lower gas prices, although the cost of food is now rising at its fastest pace since 1979. The US economy remains in an utterly weird state, with historically low unemployment abating recession fears but the Fed still gung-ho about another interest rate hike.
300,000: The US has charged an Iranian national over an alleged 2020 plot to kill Trump-era national security adviser John Bolton. Prosecutors say Shahram Poursafi — who remains abroad — offered $300,000 to an American to make the hit, presumably as payback for the US assassination of top IRGC general Qassim Suleimani earlier that year.
5: Former US President Donald Trump on Wednesday invoked the Fifth Amendment of the Constitution to avoid incriminating himself in questioning by New York's AG in a civil probe into his business empire. Republicans are still up in arms about the FBI raiding Trump's residence in Florida earlier this week.
64: Kenya's presidential election is still too close to call, with Deputy President William Ruto leading opposition leader Raila Odinga by a slim margin. Turnout was lower than in the last vote, hardly a surprise since 64% of Kenyans polled by Gallup say they don't have faith in the honesty of elections.This comes to you from the Signal newsletter team of GZERO Media. Subscribe for your free daily Signal today.
More For You
Trump suspends “Project Freedom” as Iran reviews new peace proposal, US to refresh ties with one of world’s most repressive countries, Political showdown in the Solomon Islands
Most Popular
One year after announcing its European digital commitments, Microsoft shared an update on progress across the region, highlighting new investments and expanded infrastructure to support AI adoption, strengthen resilience, and protect data. As demand for AI grows, organizations across Europe are increasingly focused on digital sovereignty, seeking greater control over data, stronger security, and assurance that critical systems remain available amid geopolitical uncertainty. Microsoft’s latest update outlines progress across key areas, including cloud expansion, cybersecurity, and privacy protections, helping enable AI and cloud adoption at scale while aligning with European regulations and priorities. Read the full update here.
- YouTube
In this Quick Take, Ian Bremmer unpacks a rapidly shifting US strategy toward Iran as tensions in the Strait of Hormuz continue to disrupt global shipping and raise the risk of further escalation.
Will the US and Iran reach a nuclear deal before 2027? Will the Cuban regime fall this year? Will France win the World Cup? These questions are generating up to millions of dollars today on prediction markets — platforms where people wager on the outcomes of real-world events.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.