HARD NUMBERS

104 million: Authorities in Liberia are investigating the disappearance of newly-printed bank notes worth 16 billion Liberian dollars ($104 million) intended for the central bank. Officials say the central bank ordered the bank notes from overseas printers. The money, packaged in canvas bags and 20-foot-high sealed containers, cleared Liberian customs between November and August but never made it to central bank headquarters in Monrovia. This possible theft represents 5 percent of Libya’s GDP.


80: The sale of oil accounts for nearly 80 percent of Iran’s tax revenue, according to the IMF. There is no simpler explanation of Iran’s vulnerability to President Trump’s reimposition of sanctions on its oil exports, which go into effect in November.

29: An aging population has increased pressure on Japan’s government to welcome more immigrants. Aides to Prime Minister Shinzo Abe say they’re preparing legislation that would admit more foreign workers who can demonstrate needed skills and speak basic Japanese. The number of foreign residents reached 2.64 million in June, more than 2 percent of Japan’s population. The total number of foreign residents is up 29 percent over the past five years.

100 million: In 1990, 12.5 million children around the world died before reaching the age of five. In 2017, that figure was just 5.4 million. Extrapolated over 28 years, this means that international and local efforts to improve the health of children have saved the lives of 100 million children.

Kevin Sneader, global managing partner of McKinsey & Company, answers the question: Are CEOs getting real about climate change?

The answer, yes. Why? One, it's personal. Many have watched with horror the wildfires that took place recently. Others have even been evacuated. And for some, the snow set in Davos, they experienced incredibly mild temperatures that laid all to quip that climate change really has arrived. But the other reasons are a growing understanding of the nature of climate change.

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Welcome to the eleventh parliamentary elections in Iran's 40-year history.

Want to run for a seat? You can…if you're an Iranian citizen between the ages of 30 and 75, hold a master's degree or its equivalent, have finished your military service (if you're a man), and have demonstrated a commitment to Islam. Check all these boxes, and you can ask permission to run for office.

Permission comes from the 12-member Guardian Council, a body composed of six clerics appointed by Supreme Leader Ayatollah Ali Khamenei and six jurists that Khamenei appoints indirectly. If the Council says yes, you can win a seat in parliament. If they say no, you can't.

This parliament, also called the Majlis, does have real power. It approves the national budget, drafts legislation and sends it to the Guardian Council for approval, ratifies treaties, approves ministers and can question the president. The current Majlis represents a wide range of values and opinions.

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As the head of a leading management consulting firm, global managing partner of McKinsey & Company Kevin Sneader has an inside view into the challenges facing the world's top executives. Every Thursday, Sneader will address questions about key issues like attracting and retaining talent, growing revenue, navigating change, staying ahead of the competition, and corporate responsibility – all in 60 seconds.

GZERO's Alex Kliment interviews New Yorker correspondent and author Joshua Yaffa. The two discuss Yaffa's new book, Between Two Fires, about what life is like for Russians today. They also sample some vodka at a famous Russian restaurant in NYC, of course!