Skip to content
Search

Latest Stories

Hard Numbers

Hard Numbers: Nigeria hems in tailors over Russian flags, Thailand's Move Forward disbanded, EU-Mercosur nears trade deal, Scorched China turns off the lights, Foreigners stoke Portugal’s housing crisis

​A man holds a Russian flag, as Nigerians protest in the streets during anti-government demonstrations against bad governance and economic hardship, in Kaduna state, Nigeria August 5, 2024.

A man holds a Russian flag, as Nigerians protest in the streets during anti-government demonstrations against bad governance and economic hardship, in Kaduna state, Nigeria August 5, 2024.

REUTERS/Stringer
Make us preferred on Google

4: Measure twice, arrest once, they say. Nigeria has detained several tailors and their “sponsors” for making the Russian flags that protesters were seen waving during recent anti-government demonstrations in four northern states. Unrest surged nationwide last week in response to subsidy cuts and soaring inflation. Nigerian authorities say waiving a foreign flag during protests is a “treasonable offense,” but the move comes amid heightened concern about Russian influence in sub-Saharan Africa, where Moscow-friendly forces have recently carried out several coups.


10: A Thai court on Monday banned the anti-establishment Move Forward party’s current and former executives from politics for 10 years over its opposition to laws that protect Thailand’s royal family from criticism. The rank-and-file members will be allowed to keep their seats in parliament and are likely to form a new party, albeit without the same leadership that secured the most votes in the 2023 election.

780 million: Negotiators are in the homestretch on a free trade deal between the EU and Mercosur, a trade group comprising South American heavyweights Brazil and Argentina, along with Uruguay, Paraguay, and Bolivia. If inked, it would create a single market of 780 million people and save EU companies more than $4 billion a year in tariffs. The talks took a hit recently when France objected on environmental grounds, but a new draft will include climate change commitments. To ratify, the EU needs only a simple majority of its 27 members.

12.5 million: The Chinese tech capital of Hangzhou has ordered its 12.5 million residents to stop using any “non-essential lighting” to relieve power grids as a record heat wave scorches large swathes of eastern and southern China. The soaring temperatures have not only tested power generation, but they’ve also raised concerns about adequate irrigation for rice farmers in the middle of the early-season harvest.

94: Rental prices in the Portuguese capital of Lisbon have soared 94% over the past decade, while home prices have risen twice as much as that. Experts blame the shortage of affordable housing on an influx of wealthy foreigners lured by tax breaks, a growing number of economic immigrants (especially from Brazil) seeking employment, and the rise of short-term rentals that cater to the country’s tourism industry.

More For You

Ukrainian drones go the distance
Natalie Johnson
Ukrainian drones are hitting targets deep inside Russia, reaching areas where once residents believed the war was too distant to touch them. For the city of Yekaterinburg, which saw residential buildings damaged by drones, the attack carries symbolic weight. The city lies in Ural Mountains and served as a base for the Soviet Union during World War [...]
Romania’s government collapses

Prime Minister Ilie Bolojan’s government fell after losing a no-confidence vote, putting Romania’s access to EU recovery funds – worth approximately $13 billion – at risk.

Natalie Johnson
Prime Minister Ilie Bolojan’s government fell after losing a no-confidence vote, putting Romania’s access to EU recovery funds – worth approximately $13 billion – at risk. The country, which has the largest budget deficit in the EU, has to complete the bloc’s mandated economic reforms by August to unlock the funds. But with its country’s pro-EU [...]
Putin's paranoia
Natalie Johnson
Putin is increasingly paranoid, according to a Financial Times report out today. Security has been tightened, more time is being spent in underground bunkers, and the vast majority of his attention is being absorbed by Russia’s war with Ukraine. One reason of his concern is said to be Ukraine’s drone capabilities, which have demonstrated an [...]
Jet-setting to Caracas
Natalie Johnson
“Caracas? I’ve not seen that destination in a while,” one TSA worker said while looking at a departures board at the Miami airport on Thursday. The remark came as the first direct commercial flight between the US and Venezuela in nearly a decade took off that same day, as the two countries restore ties following the US ouster of Nicolás Maduro in [...]