Skip to content
Search

Latest Stories

Hard Numbers

Hard Numbers: Trump cuts Harvard funding, all-women space-flight soars, Algeria expels French officials, Ecuador bonds boom after Noboa win

Hard Numbers: Trump cuts Harvard funding, all-women space-flight soars, Algeria expels French officials, Ecuador bonds boom after Noboa win

Demonstrators rally on Cambridge Common in a protest organized by the City of Cambridge calling on Harvard leadership to resist interference at the university by the federal government in Cambridge, Massachusetts, U.S. April 12, 2025.

REUTERS/Nicholas Pfosi
Make us preferred on Google

2.2 billion: The Trump administration late Monday froze $2.2 billion in federal funding for Harvard after the university refused to submit to White House demands that it scrap DEI initiatives, screen and report foreign students who are suspected of being "supportive of terrorism and anti-Semitism", and appoint an independent body to ensure viewpoint diversity in academic hiring. Harvard is the first school to openly defy the administration, which has been pressuring a number of other universities as well, via the new Joint Task Force to Combat Anti-Semitism, a response to last year's campus upheavals related to the Gaza conflict. Columbia University in March caved to similar White House demands in order to negotiate the reinstatement of $400 million in funding.

6: Six women – among them singer Katy Perry and TV presenter Gayle King – were hurtled into the upper reaches of Earth’s atmosphere on Monday aboard a rocket from Blue Origin, the spaceflight company founded by Amazon’s Jeff Bezos. It was the first female-only space flight since Russian astronaut Valentina Tereshkova's solo journey in 1963. The fully automated spacecraft is a part of Blue Origin’s goal to make space tourism mainstream.

12: Algeria has expelled 12 French officials in a growing spat between the two countries that began with the arrest of three Algerian nationals in France on Friday. The three were suspected of involvement in the brief abduction in 2024 of Amir Bokours, an Algerian opposition figure with a huge online following who has lived in France for more than a decade.


17: Ecuador’s sovereign bonds jumped a heady 17 cents on the dollar on Monday, following the re-election of Daniel Noboa, a tough-on-crime conservative from a banana dynasty. It was a stark turnaround after Ecuador’s debt plunged earlier this year following the strong first round electoral showing of Noboa’s opponent Alisa González, a leftist with ties to former President Rafael Correa, who oversaw a 2008 debt default.

More For You

Unemployment on the up
Lottie Tellyn
Republicans won’t be happy with the final jobs report before the midterms. Job market growth was weaker than expected, adding fewer than half of the jobs economists had predicted. It was particularly bad for Black Americans, for whom the unemployment rate rose a whole percentage point to 7% – nearly double that of white Americans. Overall [...]
Small countries, super domains
It’s not the first time that a smaller nation has taken advantage of its internet domain. Anguilla, a tiny British territory in the Caribbean, saw registrations of its .ai domain explode in 2023 and now brings in more than $39 million a year from it – nearly a quarter of its total revenue. Tuvalu, a Pacific island nation with the coveted .tv [...]
US forces leave Iraq
Will Fitzpatrick
This is actually the second time the US has left Iraq. The first was in 2011, when Washington ended the occupation which began with the 2003 invasion. But US forces returned in 2014 to lead a multinational fight against ISIS, the jihadist militant group born amid the chaos and sectarian strife triggered by the original US invasion. Today’s exit [...]
Budget bougie
Natalie Johnson
That’s not exactly cheap for a tiny tin of fish eggs, but compared to traditional caviar prices – which can range from about $350 to $3,000 for a similar portion – that’s an unprecedented bargain. Prices for the delicacy are falling across the board these days, for two reasons. First, direct-to-consumer sellers are disrupting the traditional [...]