57: The number of seats – out of 61 – that Myanmar’s military-backed Union Solidarity and Development Party has won in the lower house following Sunday’s election, according to a party official. The election, the first since the army seized power in 2021, was widely viewed as a sham, with many townships refusing to vote.
$22 billion: The net outflow from African nations to China from 2020-2024, a reversal from the net inflow of $30 billion over the preceding five-year period. This turnaround reflects rising debt repayments and a sharp drop in the amount of Chinese loans to the continent.
500,000: The number of undocumented migrants who could be granted legal status in Spain, according to the country’s government. It’s a notable move for the fast-growing European economy, and one that stands in contrast to many of its neighbors, which have tightened legal immigration.
25%: The incoming US tariff rate on South Korean imports, after US President Donald Trump vowed to raise duties from 15%. Trump said lawmakers in Seoul were taking too long to enact a trade deal that the two sides had agreed on in July – the deal would have allowed preferential treatment for Korean cars in the US market.
250%: The amount that silver prices have risen over the last year, an astonishing amount that far eclipses the jump in gold prices. The cost of silver now sits around $110 per troy ounce.
