Skip to content
Search

Latest Stories

Hard Numbers

Hard Numbers: Mexico takes on US gunmakers, NATO shells out to Ukraine, Putin critic enters Russia’s presidential race, EU sanctions firms linked to Sudan violence

Anti-gun protestor.

Anti-gun protestor.

Photo by Bryan Olin Dozier/NurPhoto
Make us preferred on Google
10 billion: A US appeals court ruled Monday that a long-running $10 billion lawsuit filed by Mexico against US gun manufacturers can go forward. Mexican authorities say that tens of thousands of US-made guns smuggled across the border each year are helping arm drug cartels to the teeth.

1.2 billion: On Tuesday, NATO announced a deal worth $1.2 billion to buy artillery shells for Ukraine. It’s not clear how much the new ammo will really narrow the margin in a war in which, according to EU estimates, Ukraine has been able to fire just one-third the number of artillery shells that Russia continues to launch into Ukraine.

100,000: Russian politician Boris Nadezhdin, who demands an end to Moscow's invasion of Ukraine, got the 100,000 signatures needed to register as a candidate to take on Vladimir Putin in Russia’s March 17 presidential election. Will he be allowed to run? Will he be allowed to speak?

6: The European Council has imposed sanctions on six companies accused of financing and arming the warring Sudanese army and the paramilitary Rapid Support Forces. The US issued similar sanctions last June.

More For You

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 [...]
Cambodia seeks to shed autocratic image?
Will Fitzpatrick
Cambodia has been an autocracy ever since Hun seized power in a coup d’état in 1997, but it is apparently looking to change that image. On Monday, the president announced that he would be freeing Kem from house arrest, barely a month after an appeals court upheld the conviction against him – one that carried a 27-year sentence. The move is [...]
African continent turns to Chinese solar
Will Fitzpatrick
As the Iran war disrupts global energy supplies, countries in Africa and Southeast Asia are accelerating their shift toward renewable energy to counter rising fuel prices. New Chinese consumer data released this week shows a sharp surge in solar panel exports, with shipments to Southeast Asia climbing 75% year-on-year in April. China, the world’s [...]
Don’t worry, renminbi happy
Natalie Johnson
Previously, the volume hadn’t topped $117 billion monthly, but analysts say the Iran war has stoked the use of China’s currency by oil exporters like Russia and Iran, who are seeking to avoid US sanctions. While the trend does reflect a slight erosion of the dollar’s international dominance, something we’ve been keeping our eye on, it’s worth [...]