Hard Numbers: Australia ups its defense game, Biden’s emission limits, deadly blasts in Pakistan, Champagne destroys beer (literally)

Map of China and Australia.
Map of China and Australia.
GZERO Media

19 billion: Following a major defense review, Australia is forking out A$19 billion ($12 billion) to conduct its biggest military overhaul since World War II. With an eye on China’s expansionism in the South China Sea and its increasingly dicey bilateral relations with Beijing, Canberra will procure missiles with longer striking capabilities, with munitions built domestically.

3,400: The Biden administration will soon announce limits on the amount of greenhouse gas emissions coming from existing power plants, compelling the country's 3,400 plants to use carbon-capture technology. Currently, the plants — only 20 of which use the technology — generate a quarter of the country’s planet-warming pollution.

17: At least 17 people were killed in northwest Pakistan on Monday when two explosives went off at a police counterterrorism office in Kabal. It’s unclear who was behind the attack, but there has been an uptick in terrorism in recent months, particularly in border regions.

2,352: Belgian customs authorities crushed 2,352 cans of perfectly good Miller High Life beer after the Comité Champagne – which represents growers and traders of the French bubbly – complained that the American beer behemoth’s use of the “champagne of beers” slogan infringed upon the region’s protected right to the term “champagne.” Belgian customs said the Comité Champagne even covered the bill.

More from GZERO Media

- YouTube

Artificial intelligence is transforming the global workforce, but its impact looks different across economies. Christine Qiang, Global Director in the World Bank’s Digital Vice Presidency, tells GZERO Media’s Tony Maciulis that while “every single job will be reshaped,” developing countries are seeing faster growth in demand for AI skills than high-income nations.

Hamas militant stands guard, as heavy machinery operates at the site where searches are underway for the bodies of hostages killed after being seized by Hamas during the October 7, 2023 attack, amid a ceasefire between Israel and Hamas, in Khan Younis, southern Gaza Strip, October 17, 2025.
REUTERS/Stringer

On Monday, Hamas freed the remaining 20 living hostages, while Israel released nearly 2,000 Palestinian prisoners — the first step in the ceasefire deal the two sides struck last week.

- YouTube

As the US economy continues to defy expectations, Eurasia Group Managing Director of Global Macro Robert Kahn says the key question is whether a slowdown has been avoided or merely delayed. “The headline here is the impressive resilience of the US, maybe also the global economy over the last six months,” Kahn tells GZERO Media’s Tony Maciulis on the sidelines of the 2025 World Bank–IMF Annual Meetings.