Skip to content
Search

Latest Stories

Hard Numbers

Hard Numbers: Erdoğan cannot bank on change, US asks EU to double down on sanctions, SCOTUS mifepristone ruling may not be final word, Chile’s giant camera, Menendez and his love of steak

Turkey's President Recep Tayyip Erdogan speaks during a joint statement to the media in Baghdad, Iraq April 22, 2024.

Turkey's President Recep Tayyip Erdogan speaks during a joint statement to the media in Baghdad, Iraq April 22, 2024.

AHMAD AL-RUBAYE/Pool via REUTERS
Make us preferred on Google

5: Turkey’s Constitutional Court has ruled that President Recep Tayyip Erdoğan lacks the authority to fire the country’s central bank governor, a move he’s made five times in the past five years. It’s a remarkable rebuke for a leader who is battling 75% annual inflation and has repeatedly compromised the independence of Turkey’s leading institutions.

50 billion: According to a leaked document, the US intends to organize a $50 billion loan for Ukraine that’s repaid by profits from frozen Russian assets – but only if the EU agrees to indefinitely extend sanctions against Moscow. Washington wants to avoid accepting full responsibility for the loan if the EU lifts sanctions before the end of the war.


60: The US Supreme Court must rule by the end of the court term in late June or early July on continued legal access to the drug mifepristone, which is used in more than 60% of all US abortions. But even if they strike down the current challenge to mifepristone, the justices could leave an opening for Missouri, Kansas, and Idaho, each of which has a Republican attorney general, to try to quickly revive the challenge to abortion pills.

3.2: Chile is set to install the largest digital camera ever built for optical astronomy, with a resolution above 3.2 gigapixels, in the Atacama Desert. The camera will weigh nearly three tons and is designed to help scientists understand the nature of dark energy and dark matter in the universe.

250: A lawyer representing Sen. Bob Menendez (D-NJ) told a judge presiding over Menendez’s trial on corruption charges, that his client dines at Washington’s famed Morton’s Steakhouse 250 nights a year. That may not suggest Menendez is corrupt, but it certainly made this newsletter team feel poor – and a little bit hungrier.

More For You

Japan's SoftBank zooms past Toyota
Will Fitzpatrick
SoftBank surpassed the Japanese carmaker after pledging over the weekend to invest as much as €75 billion ($87 billion) to build Europe’s largest AI facility in France, helping to boost its share price by 14% on Monday – enough for it to overtake Toyota in terms of market capitalization. Toyota’s ousting from Japan’s top spot reflects the surging [...]
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 [...]