Skip to content
Search

Latest Stories

Hard Numbers

Hard Numbers: US seeks Russian assets for Ukraine, Iranian funds refrozen, King Charles acknowledges Kenya colonization, France bans pro-Palestine demonstrations

The 465-foot superyacht Nord, a luxury yacht worth over half a billion U.S. dollars, reportedly owned by the sanctioned Russian oligarch Alexei Mordashov

The 465-foot superyacht Nord, a luxury yacht worth over half a billion U.S. dollars, reportedly owned by the sanctioned Russian oligarch Alexei Mordashov i

Reuters
Make us preferred on Google

300 billion: US officials are pushing allies to put their frozen Russian reserves toward helping Ukraine. Western governments have an estimated $300 billion of frozen Kremlin reserves across a multitude of bank accounts, but most of them are in Europe, where central bankers have expressed fears that seizing the money could pose major legal and financial risks. But with Republicans pushing to limit Ukraine aid, the US is looking for alternatives.


6 billion: Speaking of frozen assets … The US and Qatari governments have taken back their agreement to unfreeze $6 billion of Iranian assets for humanitarian aid because of Iran’s backing of Hamas. The agreement was a part of a deal to free detained Americans, and the Biden administration has faced unfounded allegations that the funds could have fueled the attacks. As of now, Washington sees no evidence that Iran was directly involved in the attacks, but Tehran has supported the terrorist organization with weapons and training.

60: King Charles announced he will visit Kenya this month to commemorate the 60th anniversary of its independence from Great Britain and to acknowledge the painful history of British colonial rule. The state visit comes at the invitation of Kenya’s President William Ruto and will be Charles’ first visit to a commonwealth country since he became king.

100: France, home to Europe’s largest Jewish population and second-largest Muslim one, banned all pro-Palestinian demonstrations after recording 100 antisemitic acts since Saturday. Ten French citizens died in the Hamas attack, and 17 others are missing, including four children. Security has also been put in place around the homes of French Jewish politicians to deter attacks.

More For You

Japan’s population drops by millions
Zac Weisz
The fifth-largest economy in the world is facing a major population crunch. The decline — from 126.1 million to 123 million — is the biggest population drop over a five-year period since the government began collecting census data in 1920. The government has urgently tried to encourage citizens to have more children as a way of preventing a [...]
Another Polymarket ban
Will Fitzpatrick
Spain temporarily banned the US-based prediction markets Polymarket and Kalshi on Tuesday, as well as its rival Kalshi, arguing that they were operating without a gambling license. The ban will last three to four months, pending a review from the country’s gambling watchdog. The move comes as other bans against Polymarket, in particular, are [...]
Cornyn’s defeat could cost Republicans dearly
Will Fitzpatrick
Cornyn’s hefty loss yesterday to Texas Attorney General Ken Paxton (whom US President Donald Trump endorsed) in the Senate runoff yesterday will be a costly one for the Republican Party. Firstly, the GOP is losing one of their most prolific fundraisers in Senate history. Secondly, Paxton’s scandal-filled history – including allegations of [...]
Cambodia seeks to shed autocratic image?
Will Fitzpatrick
Cambodia has been an autocracy ever since Hun seized power in a coup d’état in 1997, but it is apparently looking to change that image. On Monday, the president announced that he would be freeing Kem from house arrest, barely a month after an appeals court upheld the conviction against him – one that carried a 27-year sentence. The move is [...]