News
Hard Numbers: US rare-earth push, grow your own food in Sri Lanka, don’t protest in Cuba, Whisky Wars
Gabriella Turrisi
120 million: An Australian company signed a $120 million deal with the Pentagon to refine rare-earth metals in Texas. The US wants to stop playing catch-up to China, which dominates the global trade of these metals crucial for modern technology.
297: Cuba sentenced 297 people for up to 25 years behind bars for participating in a rare anti-government protest last summer. The Castro brothers may be gone, but the regime is still hell-bent on quashing internal dissent.
4: Cash-strapped Sri Lanka asked public-sector workers to follow a 4-day workweek, taking Fridays off to ... grow food in their backyards. The government has long run out of foreign currency to pay for basic imports amid the country's worst-ever economic and political crisis.
50: Canada and Denmark have settled a 50-year sovereignty dispute over an uninhabited Arctic island, the closest we've ever been to a “war” between two NATO members. They had been amicably tussling like only ultra-polite Canadians and Danes can — by planting bottles of Canadian whisky and Danish schnapps along with their national flag all over the rock.The war in Iran is entering a more dangerous phase.
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In this Quick Take, Ian Bremmer breaks down the escalating US-Israel war with Iran and its ripple effects on global markets and supply chains.
As missiles fly and oil prices soar, the Iran war is exposing another major resource vulnerability in the Middle East: water. Fresh water has been a scarce commodity in a region defined by a dry climate and low rainfall, but attacks on the region’s desalination plants, which convert seawater into drinking water, threaten to open a new front.