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Hard Numbers: China’s economy expands, US prisoners decline, Tunisian PM quits, Hindu pilgrims go to Kashmir

Hard Numbers: China’s economy expands, US prisoners decline, Tunisian PM quits, Hindu pilgrims go to Kashmir

3.2: China's economy grew 3.2 percent year-on-year in the second quarter of 2020, the only major economy to expand since the COVID-19 pandemic. The rebound was better than expected, but investors are concerned that it was mainly a result of heavy public spending on infrastructure.

8: The number of inmates in US federal and state prisons declined by more than 100,000 between March and June, an 8 percent drop. Many of these prisoners are low-level offenders and inmates with compromised health systems who were released to prevent the spread of the coronavirus in US penitentiaries.

15 million: Elyes Fakhfakh, the prime minister of Tunisia, stepped down on Wednesday after an independent lawmaker revealed that Fakhfakh owned shares in companies that had won state contracts worth about $15 million. His resignation has sparked uncertainty over the future of the coalition government led by the moderate Islamists of the Ennahda (Renaissance) Party.

500: Indian-administered Kashmir will allow Hindus to visit a Himalayan cave shrine, despite health concerns over COVID-19. Hundreds of thousands of people from across India normally take part in the annual Amarnath Yatra pilgrimage, but this year the trek will be limited to only 500 per day.

Urbanization may radically change not only the landscape but also investors' portfolios. Creating the livable urban centers of tomorrow calls for a revolution in the way we provide homes, transport, health, education and much more.

Our expert guests will explore the future of cities and its implications for your wealth.

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In a national referendum on Sunday, Chileans overwhelmingly voted in favor of a new constitution. But, why are people in this oasis of political stability and steady economic growth in South America willing to undo the bedrock of the system that has allowed Chile to prosper for so long?

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Ian Bremmer's Quick Take:

Hi, everybody. Ian Bremmer here. This is the last week before elections, have only lasted for two years, cost billions of dollars. We're sick of it. We're ready. We're ready to get past this. What do we think is going to happen?

Well, let's be clear. Biden is way ahead, and it's hard for incumbents to lose. They tended to win in the United States. They need to be unpopular and unlucky to lose, but Trump does seem to be checking both of those boxes. He's never been enormously popular. He has a pretty narrow base that is very strongly supportive of him, some 38 to 42% back and forth, but a narrow band, which has been pretty consistent for most of them the last four years, but he's also been massively unlucky. Unlucky, how?

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We live on an (increasingly) urban planet. Today, for the first time in human history, more than half of the world's population (55 percent) lives in cities. By 2050, that figure will rise to more than two-thirds, with close to 7 billion people living in urban areas. Cities have always been centers of opportunity, innovation, and human progress. But they are also often on the front lines of the major political and social challenges of the day. Here are three areas in which that's true right now.

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Just days from the election, Trump and Biden compete for the last three undecided voters in America. #PUPPETREGIME


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