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450,000: Venezuelan crude output has fallen 450,000 barrels per day, or 23 percent, over the past six months amid an exodus of employees at state-run oil giant PDVSA. Even as other major oil producing nations benefit from the 65 percent increase in oil prices since last June, Venezuela and its long-suffering population won’t experience the same lift.


30: China paid nearly $30 billion in licensing fees and royalties for foreign technology in 2017, up from just $8 billion a decade earlier. Excluding Ireland and the Netherlands, which account for an outsized portion of such payments due to the large number of multinationals headquartered within their borders for tax purposes, China ranks second globally behind the US and ahead of Japan, South Korea, and India.

25: With the resignation of Britain’s home secretary earlier this week, the government of Prime Minister Theresa May has lost six senior cabinet members since it was formed last June. That makes it the least stable government in the UK in 25 years. Mrs May is still a long way from Japanese Prime Minister Ryutaro Hashimoto, who during his tenure lost, on average, one cabinet member every 35 days.

9.1: Nearly three-quarters of Liberians have cell phones, but only 9.1 percent of the African nation’s citizens have electricity. While the Harvard economist Ricardo Hausmann recently used this juxtaposition to illustrate how nimble private investment in telecoms has outpaced plodding public spending on Liberia’s power grid, my big takeaway is that people are astonishingly resilient — I say this as someone who can barely keep his phone charged.

3.1: China enticed the Dominican Republic to cut diplomatic ties with Taiwan and establish relations with Beijing by dangling a $3.1 billion package of investments and loans, a Taiwanese official told Reuters. That’s roughly 50 percent more than the total trade that the Dominican Republic says it conducted with China last year.

Khant Thaw Htoo is a young engineer who works in Eni's Sakura Tower office in the heart of Yangon. As an HSE engineer, he monitors the safety and environmental impact of onshore and offshore operations. He also looks out for his parents' well-being, in keeping with Myanmar's traditions.

Learn more about Khant in the final episode of the Faces of Eni series, which focuses on Eni's employees around the world.

On his first day as president, Joe Biden signed a remarkable series of executive orders. Boom! The US rejoins the Paris Climate Accord. Bang! The United States rejoins the World Health Organization. Pow! No more ban on immigration from many Muslim-majority countries. Biden's press secretary reminded reporters later in the day that all these orders merely begin complex processes that take time, but the impact is still dramatic.

If you lead a country allied with the US, or you're simply hoping for some specific commitment or clear and credible statement of purpose from the US government, you might feel a little dizzy today. The sight of an American president (Barack Obama) signing his name, of the next president (Donald Trump) erasing that name from the same legislation/bill, and then the following president (Biden) signing it back into law again will raise deep concerns over the long-term reliability of the world's still-most-powerful nation.

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You've watched Indian Matchmaking... We bring you the Hindu Nationalist Matchmaker where we help find love for the 70 year old virgin - Narendra Modi!

"There needs to be a dramatic and deep reduction in the amount of debt on the poorest countries. That's clear." As the world's poorest nations struggle to recover from a devastating pandemic, World Bank President David Malpass argues that freeing them of much of their debt will be key. His conversation with Ian Bremmer is part of the latest episode of GZERO World.

Listen: Renowned tech journalist Kara Swisher has no qualms about saying that social media companies bear responsibility for the January 6th pro-Trump riots at the Capitol and will likely be complicit in the civil unrest that may continue well into Biden's presidency. It's no surprise, she argues, that the online rage that platforms like Facebook and Twitter intentionally foment translated into real-life violence. But if Silicon Valley's current role in our national discourse is untenable, how can the US government rein it in? That, it turns out, is a bit more complicated. Swisher joins Ian Bremmer on our podcast.

The GZERO World Podcast with Ian Bremmer. Listen now.

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