Hard Numbers: Speaking of Venezuelan Oil

4 billion: Venezuelan emigrants are expected to send $4 billion in remittances back to their crisis-wracked country this year, up from just under $2 billion in 2018. That's almost as much as the $4.7 billion the country is expected to reap from oil sales. Yes, you read that right: remittances to Venezuela are almost equal in value to all the money the government makes by selling oil.

2 billion: Speaking of Venezuelan oil, Cuba could face a higher crude import bill if opposition leader Juan Guaidó succeeds in ousting embattled Venezuelan President Nicolas Maduro from power. Subsidized oil shipped from Venezuela to Cuba currently saves the island nation $2 billion a year in imports. But Venezuela's opposition-led National Assembly has already voted (so far without effect) to suspend those shipments.

50: Next year, Asia's economies will reach a milestone, accounting for more than 50 percent of global GDP, adjusted for purchasing power. That marks the first time since the 19th century that Asia will dominate global economic output.

5: The Taliban negotiating team that's meeting with US officials at Afghanistan peace talks in Qatar includes 5 former Guantanamo inmates. Mullah Khairullah Khairkhwa and four colleagues were held by the US for 13 years at the prison camp on the island of Cuba before being released in a prisoner exchange in 2014.

"I think there are certain times where you have tectonic shifts and change always happens that way."

On the latest episode of 'That Made All the Difference,' Vincent Stanley, Director of Philosophy at Patagonia, shares his thoughts on the role we all have to play in bringing our communities and the environment back to health.

For many, Paul Rusesabagina became a household name after the release of the 2004 tear-jerker film Hotel Rwanda, which was set during the 1994 Rwandan genocide.

Rusesabagina, who used his influence as a hotel manager to save the lives of more than 1,000 Rwandans, has again made headlines in recent weeks after he was reportedly duped into boarding a flight to Kigali, Rwanda's capital, where he was promptly arrested on terrorism, arson, kidnapping and murder charges. Rusesabagina's supporters say he is innocent and that the move is retaliation against the former "hero" for his public criticism of President Paul Kagame, who has ruled the country with a strong hand since ending the civil war in the mid 1990s.

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Listen: Have you ever heard of Blue Zones? They're communities all around the globe—from Sardinia to Okinawa to Loma Linda, CA—where residents exceed the average human lifespan by years, and even decades. While they've been studied for the lessons we can learn about health, lifestyle, and environment, you don't have to live in a Blue Zone to experience increased longevity. It's happening everywhere. In fact, the number of people over 80 is expected to triple by 2050, reaching nearly half a billion. This episode of Living Beyond Borders focuses on the geopolitical and economic implications of an aging global population, how to make the most of new chapters in your life as you age, and what it all means for your money and the world around you.

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Born in the ashes of World War II, the United Nations now marks its 75th anniversary amid another global crisis. But is the world ready to come together today as it did decades ago? Ian Bremmer offers a brief history of the organization, and some memorable moments from years gone by, as the UN's 193 member states gather virtually for the 2020 General Assembly.

Watch the episode: UN Secretary-General António Guterres: Why we still need the United Nations


Kevin Sneader, global managing partner for McKinsey & Company, provides perspective on how corporate business leaders think in response to the coronavirus crisis:

How can business leaders approach budget planning for 2021 when the environment is so uncertain?

In short, I believe that the planning process for 2021 presents an opportunity to turn hard earned lessons from the COVID-19 pandemic. It's an enduring exercise that links strategy to value. Now, five steps are needed for this to happen.

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