Skip to content
Search

Latest Stories

Hard Numbers

HARD NUMBERS: UK celebrates VE Day, Stock volatility boosts European banks, Trump wants Alcatraz reopened, Manhattan hosts Met Gala, Oceania rebuffs Trump’s film-tariff threat

Crowds gather outside Buckingham Palace to celebrate VE Day in London, United Kingdom, on May 05, 2025.

Crowds gather outside Buckingham Palace to watch a fly-past by the Red Arrows on the 80th anniversary of VE Day in London, United Kingdom, on May 05, 2025.

WIktor Szymanowicz/NurPhoto

1,300: On Monday, the United Kingdom started celebrating the 80th anniversary of VE Day, which commemorates the Allied victory of World War II, with a slew of street and tea parties across the country. There was also a 1,300-strong military procession along the Mall, the stretch of road connecting Buckingham Palace and Trafalgar Square. One million people flooded the area on the original VE Day, May 8, 1945.


13 billion: Donald Trump’s tariff bonanza induced a huge amount of stock market volatility, and the largest European investment banks are pleased as punch. This week, UBS, BNP Paribas, Société Générale, Barclays, and Deutsche Bank posted their largest quarterly revenues in over a decade, reporting a combined €13 billion ($14.7 billion) from equities and fixed income in the first quarter of the year. The stellar performance mirrors the hefty revenues that their American counterparts gathered in the first three months of 2025.

$60 million: Maybe there’s no escape from Alcatraz: Donald Trump wants to reopen the island prison, which was shut in 1963. “The reopening of ALCATRAZ will serve as a symbol of Law, Order, and JUSTICE,” the president wrote on social media. The prison, which sits just over a mile off the coast in the San Francisco Bay, once housed the notorious mobster Al Capone. It is currently operated by the National Park Service, which hosts 1.6 million visitors a year, generating roughly $60 million in revenue.

$75,000: New York City hosted the Met Gala on Monday night. Individiual tickets sold for a cool $75,000, with the money raised going to the Museum’s Costume Institute. Some have used the gala to spread political messages, like when Rep. Alexandria Ocasio-Cortez (D-NY) wore a dress with the message, “Tax the Rich,” to the 2021 iteration.

540 million: The governments of Australia and New Zealand vowed to protect their film industries after US President Donald Trump threatened to impose 100% tariffs on foreign films. The Oceanic pair have become a popular filming spot for Hollywood filmmakers, in part thanks to lower costs and government tax incentives. Australia alone has spent AU$540 million ($349.4 million) since 2019 to attract international film productions.

More For You

U.S. President Donald Trump holds a signed executive order on AI next to Sriram Krishnan, Senior White House Policy Advisor on Artificial Intelligence on December 11, 2025.

U.S. President Donald Trump holds a signed executive order on AI next to Sriram Krishnan, Senior White House Policy Advisor on Artificial Intelligence on December 11, 2025.

REUTERS/Al Drago
38: Large tech firms will be celebrating after US President Donald Trump signed an executive order aimed at undercutting the ability of states to introduce regulations on artificial intelligence. Thirty-eight states have adopted AI laws. Trump’s order aims to just have one federal law be the standard. [...]
Women work in the plastic container assembly area inside the El Oso shoe polish factory, located in Mexico City, Mexico, in its new facilities, after officers from the Secretariat of Citizen Security and staff from the Benito Juarez mayor's office arbitrarily and violently remove their supplies, raw materials, machinery, and work tools on January 17 of this year following a coordinated operation stemming from a private dispute. On August 27, 2025.

Women work in the plastic container assembly area inside the El Oso shoe polish factory, located in Mexico City, Mexico, in its new facilities, after officers from the Secretariat of Citizen Security and staff from the Benito Juarez mayor's office arbitrarily and violently remove their supplies, raw materials, machinery, and work tools on January 17 of this year following a coordinated operation stemming from a private dispute. On August 27, 2025.

Photo by Gerardo Vieyra/NurPhoto
50: Mexico’s President Claudia Sheinbaum is taking a page out of US President Donald Trump’s book, implementing up to a 50% tariff on more than 1,400 products in a bid to boost domestic production. The tariffs are expected to heavily affect China, which has increased its shipping to Mexico as a way to bypass US tariffs, and come as the US has been [...]
​Buildings lie in ruins amidst the rubble in Rafah in the southern Gaza Strip, on December 8, 2025.

Buildings lie in ruins amidst the rubble in Rafah in the southern Gaza Strip, on December 8, 2025.

REUTERS/Nir Elias
68 million: The ceasefire between Israel and Hamas is tentatively holding, but conditions on the ground in Gaza remain dire. Most Palestinians are pitching tents in overcrowded camps, atop 68 million tons of rubble that will take years, and billions of dollars to clear. The level of debris is the equivalent of 186 Empire State Buildings, or 162 [...]
​Israa Mukhtar, a witness of the RSF attack in April 2025 on a medical clinic, sits inside a tent in Tawila, North Darfur, Sudan, on June 13, 2025.

Israa Mukhtar, a witness of the RSF attack in April 2025 on Relief International's medical clinic in Sudan's Zamzam camp, uses a mobile phone as she sits inside a tent in Tawila, North Darfur, Sudan, on June 13, 2025.

REUTERS/Stringer
114: Drone strikes on a kindergarten and hospital in Sudan last Thursday left 114 people dead, including 63 children, according to the World Health Organization. The attack is just the latest atrocity in the Sahel State’s brutal two-and-a-half-year civil war. The Rapid Support Forces, the rebel group, was blamed for the assault. The attack took [...]