31: A Bangladesh Air Force plane crashed onto a school campus in the country’s capital Dhaka on Monday, following a reported mechanical failure, killing at least 31 people. Most of the victims were children. The plane was a Chinese-made fighter jet called the F-7 BGI that aimed to replicate the design of the Russian MiG.
100: Around 100 mostly US and European organizations were compromised in a far-reaching cyber attack campaign targeting Microsoft SharePoint servers over the past few days, including federal and state agencies, universities, and energy companies. While the attacker has yet to be identified, Google has said Chinese-backed hackers were behind at least one of the attacks.
-0.1: Argentina’s economy contracted 0.1% in May, marking the third time this year that it has shrunk. Falling wages and rising unemployment depressed demand, leading to the drop. Although President Javier Milei has won plaudits for bringing down inflation with his “chainsaw” approach to spending, the sputtering economy could hurt him ahead of midterm legislative elections in October.
38: Texas Republicans are moving forward with a plan to redraw the boundaries of the state’s 38 congressional districts in a bid to win more US House seats. This kind of gerrymandering is usually done only in the wake of the decennial Census. The move, pushed by president Trump, comes with both legal and political risks, which may explain why Texas Gov. Greg Abbot (R) was initially reluctant to greenlight the plan.
30%: Nigeria’s GDP in 2024 jumped by 30% after Africa’s most populous nation recalibrated its statistical models Previous GDP calculations omitted the country's digital services industry, pension funds, and the informal labour market, which employs most citizens.
1: School’s out for summer, and the US House is following suit tomorrow night, after Speaker Mike Johnson announced he will shut down the lower chamber one day early. The reason: he didn’t want to put up a vote on whether to release all the files related to child sex offender Jeffrey Epstein’s case.
