Skip to content
Search

Latest Stories

News

Hard Numbers: China fines Alibaba, India’s COVID surge, East African oil pipeline, Merkel succession race

Hard Numbers: China fines Alibaba, India’s COVID surge, East African oil pipeline, Merkel succession race

Jack Ma attends World Zhejiang Entrepreneurs Convention

Reuters

2.8 billion: Chinese regulators fined e-commerce giant Alibaba a record $2.8 billion — about four percent of its 2019 revenue — for abusing its dominant market position and forcing merchants to operate exclusively on its platform. Alibaba founder Jack Ma has fallen out with Beijing in recent months after the billionaire publicly criticized China's regulators for stifling innovation in technology.


13.5 million: India has surpassed Brazil to become the country with the second highest number of COVID infections. Only the US tops its number of 13.5 million infections. The news comes as millions of Indians gather in huge crowds to bathe in the Gangers river for Kumbh Mela, a Hindu festival that occurs every 12 years and is considered the world's largest religious gathering. Event organizers ignored pleas by health authorities to cancel the event.

1,445: Tanzania and Uganda have signed an agreement to build a 1,433-kilometer (898 mile) pipeline to transport Ugandan oil to the Indian Ocean via the Tanzanian port of Tanga. The $3.5 billion project to construct the world's longest heated oil pipeline has been decried by environmentalists, who fear it will damage fragile ecosystems near Lake Victoria and the Serengeti.

2: The current leaders of two German länder will compete to be the ruling CDU/CSU conservative coalition's candidate for chancellor in the September federal election. Bavaria and CSU chief Markus Söder is challenging Armin Laschet, governor of North Rhine-Westphalia — the country's most populous state — and recently elected president of outgoing Chancellor Angela Merkel's CDU party.

More For You

Putin looks on over missiles flying between Israel and Iran.

Putin looks on over missiles flying between Israel and Iran.

Three weeks into the US-Israeli war against Iran, the list of losers is unusually long. Iran is getting devastated. The United States is trapped in an asymmetric conflict it can't exit. Gulf states are absorbing infrastructure damage they never signed up for. The developing world is facing food and energy crises. I could keep going.Washington and [...]
Workers are unloading coal from a cargo ship on the Turag River in Dhaka, Bangladesh, on May 06, 2024.

Workers are unloading coal from a cargo ship on the Turag River in Dhaka, Bangladesh, on May 06, 2024.

Iran conflict has Asia looking for coalMuch as Europe did when Russia began its full-scale invasion of Ukraine four years ago, Asia is turning to a retro, highly-polluting fuel source as the Iran conflict limits the supply of liquefied natural gas: coal. The continent relies heavily on natural gas for its electricity, much of it imported – in the [...]
Venezuela outfielder Javier Sanoja reacts in the fifth inning during the 2026 World Baseball Classic Championship game at LoanDepot Park in Miami, Florida, USA, on March 17, 2026.

Venezuela outfielder Javier Sanoja during the 2026 World Baseball Classic Championship game at LoanDepot Park in Miami, Florida, USA, on March 17, 2026.

Sam Navarro-Imagn Images
3: The number of runs scored by Venezuela’s national baseball team in their stunning upset of top-seeded USA in the World Baseball Classic final in Miami last night. In an epic game fraught with geopolitical overtones – the US government abducted Venezuelan strongman Nicolás Maduro in January – the arepa-powered pitching staff held the fearsome US [...]
​Explosions in Iran and gas prices increasing.

Explosions in Iran and gas prices increasing.

Natalie Johnson
Nearly a month ago, the US and Israel started a war with Iran. Over 2,000 miles away, one continent that wants little to do with the war is nevertheless uniquely impacted: Europe.European Union leaders met in Brussels on Tuesday to discuss skyrocketing energy prices resulting from the conflict. It comes after US President Donald Trump issued a [...]