Skip to content
Search

Latest Stories

Hard Numbers

Hard Numbers: Cocoa prices get hot, Looters find Assad’s garage, Tokyo cuts the workweek short, New York jury acquits in high-profile manslaughter case, Mangione faces murder charge

Hard Numbers: Cocoa prices get hot, Looters find Assad’s garage, Tokyo cuts the workweek short, New York jury acquits in high-profile manslaughter case, Mangione faces murder charge

Workers at an organic cocoa processing plant in Ghana. Fears of insufficient rain in the region have driven cocoa prices to 7-month highs on global markets.

Reuters
Make us preferred on Google


7: Giving someone a box of chocolates for the holidays? That could soon count as a luxury gift now as cocoa prices have reached their highest levels in seven months. Dry weather is expected to suppress crop yields in West Africa, one of the world’s main producers. Prices for the stuff reached $10,454 per metric ton.


2 billion: In the hours after Syrian despot Bashar Assad fled the country, ordinary Syrians ransacked his sumptuous presidential villa, making off with hundreds of thousands of dollars of luxury goods and furnishings belonging to the “butcher of Damascus” and his wife. The Assad family had an estimated worth of $2 billion in a country wracked by war and poverty. Gear heads noted with awe that Assad’s private garage reportedly contained dozens of exotic cars, including a rare gullwing Mercedes and a Ferrari F50, worth nearly $2 million.

4: The city of Tokyo has moved to a four-day workweek for municipal employees, as part of a strategy to boost the country’s record-low birth rate. The average Japanese woman will have 1.2 children, well below the “replacement” rate of 2.1 needed to maintain a stable population. That extra day off is meant to ease the burden on families with small children, and maybe to give those on the fence about having kids some extra free time to … make them

6: A jury in New York acquitted former Marine Daniel Penny of manslaughter in the death of Jordan Neely, a mentally ill subway performer, in 2023. Neely, who was Black, had been behaving erratically and threatening passengers before Penny, who is white, subdued him with a fatal chokehold for roughly six minutes. The case sparked intense debate about race, mental illness, and New York’s pandemic-driven crime surge.

5: Authorities arrested and arraigned Luigi Mangione, a person of interest in the murder of UnitedHealthcare CEO Brian Thompson, on Monday in Altoona, PA. The 26-year-old, who was spotted at a McDonalds, was reportedly found with a 3D-printed gun and a silencer. He has been charged with five crimes in the Keystone State: carrying a gun without a license, forgery, falsely identifying himself to authorities, tampering with records of identification, and possessing “instruments of crime.” Late Monday, authorities in the Big Apple added their charges, including second-degree murder, and Mangione is expected to be extradited to New York.

More For You

The new smoke-free craze
Farida Dowidar
Nicotine pouches have exploded in popularity, and Zyn, the leading brand, is expected to see nearly $33 billion in sales growth. Like vapes, pouches are part of the wave of smoke-free nicotine products creating new revenue streams for tobacco companies while sales of cigarettes in places like the US have seen a sharp decline. While the [...]
Over a million migrants seek legal status in Spain
Farida Dowidar
Spain has taken a very different tack from other European countries toward migrants, with Sánchez welcoming them into the country and pledging to grant legal status to half a million undocumented migrants under a new program. However, the PM underestimated how many people would apply: his government had expected 750,000 applications. With [...]
Ebola’s economic side effects
Natalie Johnson
In addition to the health concerns from the Ebola outbreak, the UN is sounding the alarm on a potential development crisis in Africa sparked by the disease. The intergovernmental body warns that it could cost billions of dollars of the continent’s GDP, and that roughly 328,000 jobs stand to be lost if the disease spreads to countries like Rwanda [...]
The EU steels itself for tariffs
Farida Dowidar
The trade bloc is also reducing its quota of tariff-free steel imports, as trade tensions mount with Beijing. The EU’s goal is to reduce its near-$400 billion annual trade deficit with China. However, the move could hurt other steel exporters with whom the EU has solid relations, including the UK, Ukraine, and Japan. Brussels isn’t the first to [...]