Hard Numbers: US economy’s dead-cat bounce, Myanmar fake news on Facebook, French MEP on hunger strike, Ivorian presidential hopefuls

Hard Numbers: US economy’s dead-cat bounce, Myanmar fake news on Facebook, French MEP on hunger strike, Ivorian presidential hopefuls

7.4: The US economy grew by 7.4 percent in the third quarter, the largest jump in history. Given the pandemic-induced beating that America's GDP took in the previous quarter, any reopening was bound to be big. In fact, economists have a macabre term for this: "a dead-cat bounce" (even a dead cat will bounce if you drop it from a high enough window).


99.4: In Myanmar, 99.4 percent of social media users are on Facebook. Just days before the country's general election, the company is struggling to contain a deluge of fake news items, including rumors that Aung San Suu Kyi, the country's de-facto leader, has died from the coronavirus. In 2018, Facebook was implicated in the military's attempted genocide of the country's Rohingya minority.

0.01: A French lawmaker in the European Parliament is on a 15-day hunger strike over insufficient EU funding for health and climate change research. Socialist Pierre Larrouturou is calling for a 0.01 percent tax on financial transactions that he believes could raise 50 billion euros ($58.5 billion) per year for the bloc's budget.

4: Only four candidates are running for president in Saturday's election in the Ivory Coast, the world's top producer of cocoa beans (from which chocolate is made). One of them is the incumbent, Alassane Ouattara, who is in the race after a controversial court ruling allowed him to stand for reelection despite a constitutional two-term limit.

"I knew that history was my life's calling."

On Bank of America's That Made All the Difference podcast, Secretary of the Smithsonian Lonnie Bunch shares his journey and present-day work creating exhibits that inspire visitors to help our country live up to its ideals.

Alcohol. It's a dangerous drug that has ruined countless lives and derailed many a global summit. But it's also humanity's oldest social lubricant, a magical elixir that can fuel diplomatic breakthroughs, well into the wee hours of the night. As Winston Churchill once quipped, "I've taken more out of alcohol than alcohol has taken out of me." On GZERO World, we take a deep dive down the bottle and examine the role alcohol has played in society, politics, and global summitry—from the earliest hunter-gatherer days to that memorable Obama Beer Summit in 2009. Joining Ian Bremmer is philosopher Edward Slingerland, whose new book Drunk: How We Sipped, Danced, and Stumbled Our Way Into Civilization makes a compelling, if nuanced, case for alcohol's place in the world.

Also: since alcohol isn't the only social drug, a look at the state of marijuana legalization across the US and around the world.

A few weeks ago, a Signal reader emailed me to ask why so much of our coverage of the world is so damn dark. Aren't there any good news stories out there?

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Listen: A deep dive down the bottle to examine the role alcohol has played in society, politics, and global summitry—from the earliest hunter-gatherer days to that memorable Obama Beer Summit in 2009. Joining Ian Bremmer on the GZERO World podcast is philosopher Edward Slingerland, whose new book Drunk: How We Sipped, Danced, and Stumbled Our Way Into Civilization makes a compelling, if nuanced, case for alcohol's place in the world.

Subscribe to the GZERO World Podcast on Apple Podcasts, Spotify, Stitcher, or your preferred podcast platform to receive new episodes as soon as they're published.

There's a lot of doom and gloom in the world these days, and much cause for pessimism. Still, the advent of new technologies and scientific advancements has lifted billions out of poverty and increased quality of life for many over the last half century. Since 1990, global average life expectancy has increased by eight years to 73, while GDP per capita has also grown exponentially, doubling over the past decade alone. We take a look at how life expectancy and GDP per capita have evolved globally from 1960-2019.

Get insights on the latest news in US politics from Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington:

Why can't President Biden order a vaccine mandate for all Americans?

Well, the reason is it's out of his powers. The one of the fundamental challenges in the pandemic is that the federal government has actually been fairly limited in the steps they can take to stop the spread of the virus. So, that's why you've seen President Biden order masks on transit, mass transit, airplanes, and the like. But he can't order masks in workplaces because that's not within his power. That power lies within state governments. State governments and other entities, like employers, can require vaccinations before you come into their buildings, or you come back to school, or you go to work in your office. But the federal government can't do that. What Biden is doing is, allegedly, supposedly going to announce a mandate for federal workers to get vaccinated.

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American gymnast Sunisa "Suni" Lee, 18, stunned spectators around the world with her breathtaking performance in Tokyo Thursday that earned her the gold.

Here are some interesting facts about Suni Lee, the gymnast queen:

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"Super Mario" takes his chances: Less than five months after becoming Italy's consensus prime minister, Mario Draghi's coalition government is on shaky ground over Draghi's proposed judicial reforms. "Super Mario" — as he's known for saving the Eurozone as European Central Bank chief during the financial crisis — wants to dramatically speed up Italy's famously slow courts. But his push to reduce judicial backlogs is opposed both by the populist 5-Star Movement, the coalition government's biggest party, and by prosecutors because many cases could be scrapped before reaching a verdict. Draghi, upset that this resistance is stalling his other initiatives to cut Italian red tape, has decided to roll the dice anyway: he'll put his plan to overhaul the courts to a no-confidence vote in parliament. If Draghi wins, he gets the reforms passed without debate; if he loses, the PM technically has to resign, but he'll keep his job because he has enough votes even if the 5-Star Movement bows out of the coalition.

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