Trending Now
We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
{{ subpage.title }}
Members of the Bangladesh Army and the fire service start rescue operations after a Bangladesh Air Force F7 aircraft crashed into a building of Milestone College in Dhaka's Uttara around 1:30 pm on July 21, 2025 in Dhaka, Bangladesh
Hard Numbers: Bangladesh military jet crashes into school, Argentina’s economy contracts again, Texas Republicans get to gerrymandering, & More
31: A Bangladesh Air Force plane crashed onto a school campus in the country’s capital Dhaka on Monday, following a reported mechanical failure, killing at least 31 people. Most of the victims were children. The plane was a Chinese-made fighter jet called the F-7 BGI that aimed to replicate the design of the Russian MiG.
100: Around 100 mostly US and European organizations were compromised in a far-reaching cyber attack campaign targeting Microsoft SharePoint servers over the past few days, including federal and state agencies, universities, and energy companies. While the attacker has yet to be identified, Google has said Chinese-backed hackers were behind at least one of the attacks.
-0.1: Argentina’s economy contracted 0.1% in May, marking the third time this year that it has shrunk. Falling wages and rising unemployment depressed demand, leading to the drop. Although President Javier Milei has won plaudits for bringing down inflation with his “chainsaw” approach to spending, the sputtering economy could hurt him ahead of midterm legislative elections in October.
38: Texas Republicans are moving forward with a plan to redraw the boundaries of the state’s 38 congressional districts in a bid to win more US House seats. This kind of gerrymandering is usually done only in the wake of the decennial Census. The move, pushed by president Trump, comes with both legal and political risks, which may explain why Texas Gov. Greg Abbot (R) was initially reluctant to greenlight the plan.
30%: Nigeria’s GDP in 2024 jumped by 30% after Africa’s most populous nation recalibrated its statistical models Previous GDP calculations omitted the country's digital services industry, pension funds, and the informal labour market, which employs most citizens.
1: School’s out for summer, and the US House is following suit tomorrow night, after Speaker Mike Johnson announced he will shut down the lower chamber one day early. The reason: he didn’t want to put up a vote on whether to release all the files related to child sex offender Jeffrey Epstein’s case.
Speaker of the House Mike Johnson (R-LA), speaking alongside Republican leadership House Majority Whip Tom Emmer (R-MN), left, House Freedom Caucus Chair Andy Harris (R-MD), second from left, and House Majority Leader Steve Scalise (R-LA), right, during a press conference at the United States Capitol on Tuesday, March 11, 2025.
Will Senate back House funding fix?
On Wednesday, the House of Representatives narrowly passed a stopgap funding bill, voting 217-213 to prevent a government shutdown and keep federal spending at current levels through Sept. 30.
Following its passage, Speaker Mike Johnson adjourned the House for a week, denying the Senate the option to amend the bill before Friday’s shutdown deadline.
The bill keeps spending largely unchanged from last year but boosts military funding by $6 billion. It also cuts over $1 billion from Washington’s budget for the rest of the fiscal year, raising concerns about funding city services. On a brighter note, it increases support for a nutrition program for women and children and bolsters air traffic control funding.
The only Republican to vote against it, Rep. Thomas Massie, of Kentucky, defied pressure from Donald Trump, who threatened to “lead the charge” against him in 2026. Massie opposed the measure for not cutting spending enough — a stance shared by many fiscal conservatives in the Senate.
Will the Senate pass it? Republican senators have signaled support, with former hardliners backing it to advance Trump’s — and the Department of Government Efficiency’s — policy agenda.
Democratic leaders, however, argue that it lets the White House impose deep spending cuts through DOGE without congressional oversight. Unlike full-budget bills, temporary extensions don’t dictate how federal funds are allocated. Meanwhile, Senate Democrats are floating a six-week extension to craft a broader spending deal. The question between now and the Friday deadline is whether they will stand firm and risk a shutdown — a move many swing-state Democrats fear could backfire — or push the fight to fall.