Hard Numbers

6.2 billion: Over the past decade, China has lent nearly $6.2 billion to Venezuela, representing around 40 percent of its total financing in Latin America. Beijing is still waiting for about $2 billion of that to be paid back.

16 million: In war-ravaged Yemen, some 16 million people, more than half the population, lack access to drinking water and sanitation.

17,200: This week, France's parliament passed new measures to crack down on Yellow Vest protests that show no sign of losing steam heading into their 12th week. One controversial provision allows fines of up to $17,200 (€15,000) for demonstrators who cover their face with a "helmet, mask, or scarf."

45: Just 45 percent of Russians say they are proud of their government's annexation of Crimea in 2014.

16 weeks of paid maternity leave pays for itself in the first year.

It's your Money in 60 Seconds with Sallie Krawcheck!


And go deeper on topics like cybersecurity and artificial intelligence at Microsoft on The Issues.

Last weekend, world leaders, security experts, and business executives flocked to the Hotel Bayrischer Hof in Munich for the 55th annual Munich Security Conference. What's the Munich Security Conference? Think of it a bit like Davos, but with policymakers in dark suits rather than billionaires in Gore-Tex.

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Speaking of trans-Atlantic rifts, we've written previously about the US pushback against Huawei, arguably the world's most geopolitically significant technology company. The Trump administration has been trying to convinceits European allies to ban the Chinese tech giant from their next-generation 5G information networks, citing national security risks. Last week, Secretary of State Mike Pompeo even warned of consequences for countries that don't toe Washington's line on the issue.

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Over the past 20 years, hundreds of millions of people in China have been pulled out of poverty by their country's staggering economic growth. Beijing today is a rising power on the global stage. That's all pretty great, and yet the country still ranks beneath war-torn Libya and perpetually melancholy Russia in the United Nations World Happiness Report. This week's Economist hazards a guess about what really makes people smile or scowl, but here's how China stacks up for joy against other countries.