GZERO Media logo

Hard Numbers

2: China reportedly exaggerated both its nominal and real growth rates by an average of about 2 percentage points per year between 2008 to 2016. If correct, the Chinese economy is about 12 percent smaller today than suggested by official figures. This is yet another warning that international confidence in an economy likely to one day become the world's largest will face serious challenges when a sharp downturn frightens investors.

3.8 million: North Korea's food production fell to its lowest level in more than a decade last year, according to UN and Red Cross officials. A heat wave, a typhoon, and floods diminished the food harvest by 9 percent in 2018. As a result, about 3.8 million North Koreans urgently need humanitarian help.

12 million: US shale has been the world's largest source of new oil supplies over the past eight years. Since 2011, US crude oil production has doubled from 6 million to 12 million barrels per day. In September 2018, the US moved past Russia and Saudi Arabia to become the world's leading oil producer.

89: This week, the European Commission announced that the migration crisis is officially over. In 2018, the UN refugee agency documented 116,647 people crossing the Mediterranean to try to reach Europe, an 89 percent drop from the height of the crisis three years ago.

Empathy and listening are key to establishing harmonious relationships, as demonstrated by Callista Azogu, GM of Human Resources & Organization for Nigerian Agip Oil Company (NAOC), an Eni subsidiary in Abuja. "To build trust is very difficult. To destroy it is very easy," says Callista, whose busy days involve everything from personnel issues to union relationships. She sees great potential for her native Nigeria not only because of the country's natural resources, but because of its vibrant and creative people.

Learn more about Callista in this episode of Faces of Eni.

For the world's wealthiest nations, including the United States, the rollout of COVID-19 vaccine has been rocky, to say the least. And as a result, much of the developing world will have to wait even longer for their turn. Part of the challenge, World Bank President David Malpass says, is that "advanced economies have reserved a lot of the vaccine doses." Malpass sat down with Ian Bremmer recently to talk about what his organization is doing to try to keep millions around the world from slipping deeper into poverty during the pandemic. Their conversation was part of the latest episode of GZERO World.

Saturday will mark the beginning of an historic turning point for European politics as 1,001 voting members of Germany's Christian Democratic Union, the party of Chancellor Angela Merkel, hold an online conference to elect a new leader.

Here are the basic facts:

More Show less

For the first time in twenty years, extreme poverty around the world is growing. How does the developing world recover from a pandemic that has brought even the richest nations to their knees? David Malpass, the President of the World Bank, is tasked with answering that question. He joins Ian Bremmer on GZERO World to talk about how his organization is trying to keep the developing world from slipping further into poverty in the wake of a once-in-a-century pandemic.

Joe Biden wants to move into the White House, but the coast isn't clear. He may need some bleach.

Watch more PUPPET REGIME here.

The GZERO World Podcast with Ian Bremmer. Listen now.

GZEROMEDIA

Subscribe to GZERO Media's Newsletter: Signal