Skip to content
Search

Latest Stories

News

HARD NUMBERS

Make us preferred on Google

50 million: More than 50 million urban homes are unoccupied in China. That’s a vacancy rate of 22 percent, the highest for any country in the world. This problem can be attributed in part to state over-spending to create jobs and boost economic activity and in part to wealthy people, barred by the government from moving their money abroad, parking their cash in costly home investments.


258,000: It apparently costs the Russian government $258,000 per year to keep Vladimir Lenin’s corpse on display in the Lenin Mausoleum in Red Square. That’s about $707 dollars per day, nearly the same cost as the Singapore Shangri-La Hotel’s Castle suite, a fantasy playroom for kids.

70: Venezuela is rolling out a nationwide electronic ID card with the help of a Chinese telecommunications company, as a part of a broader $70 million effort to bolster national security.  The "carnet de la patria," or "fatherland card," will be tied to the critical government services Venezuelans rely on to make ends meet.

1: Following this week’s resignation of Israeli Defense Minister Avigdor Liberman and the exit of his faction from government, Prime Minister Netanyahu’s coalition now holds a majority of one (61 of 120 seats) in Israel’s parliament. Other parties are now threatening to exit. If so, Netanyahu could face elections in coming weeks even as he contends with three separate corruption investigations of his own.

 

More For You

The GOP’s Musky scent
Musk’s cash splash – which makes him the largest known midterm donor – is meant to help Republicans head off a so-called “Blue Wave” of Democrat support that could cost the GOP not only the House, but possibly the Senate as well. It signals that Musk intends to remain a fixture of Republican politics, despite his rocky exit from the Trump [...]
Boxes of perished goods are seen outside an Intermarche supermarket in Paris the day after a cyberattack targeted refrigeration systems at French supermarket chains, causing food losses and fires at several stores, France, October 13, 2026.

Boxes of perished goods are seen outside an Intermarche supermarket in Paris the day after a cyberattack targeted refrigeration systems at French supermarket chains, causing food losses and fires at several stores, France, October 13, 2026.

REUTERS/Lucien Libert
Supermarket cyberattacks turn the heat up in France Hackers set their sights on an unusual target in France this week: supermarkets. On Monday, attackers used remote software to raise the temperature on fridges and freezers to around 122 degrees Fahrenheit, spoiling food and sparking fires. While the full scale of the attack remains unconfirmed, [...]
MF Communications Officer Jose Luis De Haro, Director of the Research Department at the IMF Silvana Tenreyro, Deputy Director of the Research Department at the IMF Petya Koeva-Brooks and Division Chief at the Research Department of the IMF Deniz Igan attend a press briefing during the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC)

IMF Communications Officer Jose Luis De Haro, Director of the Research Department at the IMF Silvana Tenreyro, Deputy Director of the Research Department at the IMF Petya Koeva-Brooks and Division Chief at the Research Department of the IMF Deniz Igan attend a press briefing during the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, October 13, 2026.

REUTERS/Patipat Janthong
The people tasked with safeguarding the world’s financial stability are gathering in Bangkok, Thailand, this week. Central bankers, finance and development ministers, private sector leaders, civil society representatives, and academics from nearly 200 countries are attending the IMF-World Bank’s annual meetings to discuss soaring public debt, the [...]
EU puts the brakes on Chinese EVs
Will Fitzpatrick
The EU has new plans to limit the flow of Chinese-made goods into the continent to address its massive trade imbalance with China. China exported more than $7.5 billion worth of electric vehicles to the bloc in the first half of this year, nearly three times as much as during the same period last year. An estimated 800,000 Chinese-made fully [...]