Skip to content
Search

Latest Stories

Hard Numbers

Hard Numbers: Iran’s struggle is rial, China lures tourists, South Africa shutters mom and pop shops, Russia arrests scooter-killer suspect

Hard Numbers: Iran’s struggle is rial, China lures tourists, South Africa shutters mom and pop shops, Russia arrests scooter-killer suspect

A money changer poses for the camera with a U.S hundred dollar bill (R) and the amount being given when converting it into Iranian rials (L), at a currency exchange shop in Tehran's business district, Iran, January 20, 2016.

REUTERS/Raheb Homavandi/TIMA ATTENTION EDITORS
Make us preferred on Google

777,000: When it rains, it pours – and Iran is getting absolutely soaked right now. After watching its main proxy Hezbollah get destroyed by Israel, then losing its most important regional ally in Syria, and now suffering an energy crisis that has forced the closure of schools and government offices, the Iranian rial has plunged to 777,000 against the dollar. That’s the lowest level ever.

10: In an ongoing bid to boost tourism, the Chinese Communist Party has extended the period of visa-free travel to 10 full days for citizens of 50 countries, including the US. Passport holders of nearly 40 other countries are able to stay for a full month. Since the end of Covid restrictions, foreign visitors have flocked to the country: In the first 11 months of this year, arrivals grew 86%, to nearly 30 million people.


1,041: The South African government has shuttered 1,041 informal mom and pop grocery spots across the country. The move comes after dozens of children have died from consuming pesticide-laden foods purchased at the so-called “spaza shops.” Evidently the pesticides that shop owners are using to control vermin have found ways into the food, leading to illness and injuries.

100,000: Russia has arrested a suspect in the assassination of a high-ranking Russian general in Moscow earlier this week. Russia’s Federal Security Service said the man is an Uzbek national, who was paid $100,000 by Ukraine to kill Lieutenant General Igor Kirillov with a bomb hidden in a scooter. Kyiv earlier alleged that Kirillov, who oversaw Russia’s use of chemical weapons, had used banned weapons thousands of times in Ukraine since Moscow’s 2022 invasion.

More For You

Another Trump impeacher bites the dust
Zac Weisz
The number increased by one on Saturday after Sen. Bill Cassidy lost his reelection primary in Louisiana to Rep. Julia Letlow. The previous four had retired, albeit under pressure from Trump. Sens. Susan Collins of Maine and Lisa Murkowski of Alaska are now the only two GOP senators left who voted to impeach Trump. Just two of the 10 House [...]
Hard number: Seeking owners
Will Fitzpatrick
It’s not known whether these works were among the hundreds of thousands that the Nazis looted – especially from Jews – during their time in power, but in displaying these pieces, the museum hopes that the public can identify their original owners. Perhaps the most famous lost painting of this kind was Gustav Klimt’s “The Woman in Gold”, which was [...]
Chinese court compensates AI-replaced worker
A court in Hangzhou ruled that companies are not permitted to fire employees or reduce their salaries because their positions are being automated or replaced by AI. The case was brought by a worker who was initially offered a 40% pay cut and a demotion when his job as a quality assurance supervisor was automated. After he refused the reduced [...]
Hard number: Some African states turn to AI surveillance
Zac Weisz
While China has long been a leader in infrastructure investment across the African continent, it’s found a new way to continue to expand its influence – AI-powered surveillance technology. According to a recent study, many of these new systems have even been funded by Chinese banks. Nigeria boasts the continent's largest network of smart CCTV [...]