Hard Numbers

627 million: Brexit has cost the United Kingdom an estimated $627 million in lost economic output per week since the 2016 referendum, according to Goldman Sachs.

9: Only 9 percent of Ukrainians say they have confidence in their government, compared to 91 percent who see it as corrupt, according to Gallup. Why? Well, for starters, nearly four in 10 adults report not having enough money for food or shelter.

94: A new report from the UN estimates that 94 percent of Venezuelans live in poverty today. Once South America's wealthiest country, Venezuela is experiencing one of the worst economic collapses ever recorded.

40: Just over a week after the release of the preliminary findings of the Mueller report, 40 percent of Americans believe it hasn't cleared the president of wrongdoing, while 29 percent believe it has.

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Midjourney

Microsoft has joined a growing revolt against Biden-era chip export controls that tech companies claim will hurt American competitiveness. On Feb. 27, Microsoft publicly urged the Trump administration to roll back one specific set of restrictions on advanced AI chips imposed during Biden’s final days in office.

Viewpoint: China’s annual NPC meeting to address lackluster economy and Trump threat
VCG via Reuters Connect

Beijing is warning top artificial intelligence leaders – including researchers and corporate leaders – to avoid traveling to the United States owing to security concerns, according to a report published Saturday by the Wall Street Journal.

Elon Musk listens as President Donald Trump speaks in the Oval Office of the White House in Washington, DC, on Feb. 11, 2025.
REUTERS/Kevin Lamarque

Donald Trump’s administration laid off 170 employees at the National Science Foundation in February as part of a government-wide staff reduction. Critics say the cuts, which included artificial intelligence specialists, could hurt American competitiveness in AI research. While the agency said Monday it will reinstate 84 workers following a court ruling on March 3, experts warn the cuts, combined with looming government-wide staff reductions, could severely hamper the agency.

Canadian Prime Minister Justin Trudeau tours the galvanizing line at ArcelorMittal Dofasco in Hamilton, Ontario, Canada February 14, 2025.
REUTERS/Carlos Osorio

On Tuesday, the US will impose 25% tariffs on its two closest trading partners, Mexico and Canada, driving a stake into one of the world’s largest trading relationships.

U.S. President Donald Trump makes an announcement from White House March 3, 2025.
REUTERS/Leah Millis

Despite European leaders declaring that they will lead a “coalition of the willing” to reach an end to the Ukraine war, the Trump administration seems focused on striking a deal with Russia – regardless of whether it actually ends the conflict, or whether the EU and Ukraine agree to it.