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Hard Numbers: Kim Jong Un takes aim, Pakistan launches deadly airstrikes, Sunak’s asylum-seeking plan proves costly, BOJ raises rates, Death toll rises in Haiti
186: Stop us if you’ve heard this one before: On Monday, North Korea responded to a visit to South Korea by US Secretary of State Antony Blinken by firing short-range ballistic missiles from Pyongyang an estimated 186 miles into the Sea of Japan. North Korea’s military has recently staged military maneuvers in response to annual US-South Korean joint drills.
8: Pakistan launched airstrikes on Monday on suspected hideouts of members of the Pakistani Taliban inside neighboring Afghanistan. Tensions are rising between Pakistan’s military and the Afghan Taliban, which claimed the attacks killed at least eight people.
292,000: A new report from the Institute for Public Policy Research argues that Prime Minister Rishi Sunak’s plan to move asylum-seekers from the UK to Rwanda while their claims are evaluated could cost the British taxpayer $292,000 per person. Compare that with about 70,000 per person if migrants were allowed to remain in the UK during that period.
317: The Bank of Japan ended eight years of negative interest rates on Tuesday, raising the interest rate from -0.1% to 0%-0.1%, its first hike in 17 years. The historic move, which shifts the focus away from reflating growth with monetary stimulus, follows significant wage increases by Japan’s major corporations and a rise in consumer prices. The BOJ does not anticipate further increases in the near-term.10: At least 10 people were found dead Monday in the wealthy Petion-Ville suburb of Port-au-Prince, Haiti’s capital, victims of escalating gang violence amid political chaos following Prime Minister Ariel Henry’s resignation. Homes, a bank, and a gas station were attacked, and it remains unclear who was responsible. The violence has prompted increased border security by neighbors like the Dominican Republic and evacuations of US citizens.
Hard numbers: Pro-Russia blogger commits suicide, UK nuclear missile test fails, Biden slashes student debt, China reaches US via Mexico
16,000: Andrey Morozov, a well-known pro-Russia military blogger, reportedly committed suicide after facing backlash from Russian propagandists for his Telegram post that said 16,000 Russian troops were killed in the battle for Avdiivka in eastern Ukraine. Moscow has gone to extreme lengths to obscure the scale of Russia’s losses in the war in Ukraine, and Morozov was accused of “slandering the Russian defense ministry.” Ukraine estimates that 17,000 Russian troops were killed fighting to take Avdiivka.
2: The UK’s Trident nuclear missile misfired and crashed into the sea during a test near Florida last month, reports on Wednesday said. This was the second time in a row that a Trident missile test failed, leading to uncomfortable questions about Britain’s nuclear deterrent. But Defence Sec. Grant Shapps, who witnessed the test aboard the HMS Vanguard, attributed it to an “event-specific” anomaly and said it had “no implications for the reliability of the wider Trident missile systems and stockpiles.”
153,000: The Biden administration on Wednesday announced it’s canceling $1.2 billion in student loan debt for 153,000 people enrolled in the Saving on a Valuable Education repayment plan who have been making payments for at least a decade and borrowed $12,000 or less.
881,000: You may recall that Mexico recently overtook China as the US’ largest trade partner. But new data suggests that a big chunk of that commerce could still involve goods coming from China: In the first three quarters of last year, China sent 881,000 20-foot shipping containers full of merchandise to Mexico, up more than 30% over the previous year, hitting a record high. Experts believe some Chinese companies are skirting Trump-era tariffs by routing exports through Mexico, which has a free trade deal with the US.