¼: The new Syrian government has signed a ceasefire with US-backed Kurdish fighters who control roughly a quarter of Syria’s territory, in a pact that could smooth the re-integration of Kurdish areas into the Syrian state. Recent clashes had upended earlier agreements to absorb Kurdish militias into the new Syrian army.
27: The international criminal court has found a leader of Sudan’s feared janjaweed militia guilty on 27 counts of atrocities committed during the Darfur genocide in the early 2000s. The charges included gang rape of women and children, torture, and summary executions. The court rejected the defendant’s arguments that it had captured the wrong man.
15: Stocks of companies in “emerging markets” – a grouping of the world’s leading middle-income countries – have seen their biggest gains in more than 15 years. The main reason? A weaker US dollar has made it easier for companies in these countries to service dollar-denominated debt. At the same time, many of these economies are keeping interest rates high, attracting more foreign capital, particularly as political uncertainty roils developed markets like the US and Europe.
390 billion: The rich keep getting richer… and then they go on holiday. Global spending on high end luxury travel will surpass $390 billion by 2028, according to McKinsey, up from $240 billion in 2023. Experts say the increasing availability of luxury goods has made them less interesting to the ultra-rich, who now flaunt their 1-percentness by seeking out stratospherically expensive and unique luxury experiences.
