Hard Numbers: Cocoa prices get hot, Looters find Assad’s garage, Tokyo cuts the workweek short, New York jury acquits in high-profile manslaughter case, Mangione faces murder charge

Workers at an organic cocoa processing plant in Ghana. Fears of insufficient rain in the region have driven cocoa prices to 7-month highs on global markets.
Reuters


7: Giving someone a box of chocolates for the holidays? That could soon count as a luxury gift now as cocoa prices have reached their highest levels in seven months. Dry weather is expected to suppress crop yields in West Africa, one of the world’s main producers. Prices for the stuff reached $10,454 per metric ton.

2 billion: In the hours after Syrian despot Bashar Assad fled the country, ordinary Syrians ransacked his sumptuous presidential villa, making off with hundreds of thousands of dollars of luxury goods and furnishings belonging to the “butcher of Damascus” and his wife. The Assad family had an estimated worth of $2 billion in a country wracked by war and poverty. Gear heads noted with awe that Assad’s private garage reportedly contained dozens of exotic cars, including a rare gullwing Mercedes and a Ferrari F50, worth nearly $2 million.

4: The city of Tokyo has moved to a four-day workweek for municipal employees, as part of a strategy to boost the country’s record-low birth rate. The average Japanese woman will have 1.2 children, well below the “replacement” rate of 2.1 needed to maintain a stable population. That extra day off is meant to ease the burden on families with small children, and maybe to give those on the fence about having kids some extra free time to … make them

6: A jury in New York acquitted former Marine Daniel Penny of manslaughter in the death of Jordan Neely, a mentally ill subway performer, in 2023. Neely, who was Black, had been behaving erratically and threatening passengers before Penny, who is white, subdued him with a fatal chokehold for roughly six minutes. The case sparked intense debate about race, mental illness, and New York’s pandemic-driven crime surge.

5: Authorities arrested and arraigned Luigi Mangione, a person of interest in the murder of UnitedHealthcare CEO Brian Thompson, on Monday in Altoona, PA. The 26-year-old, who was spotted at a McDonalds, was reportedly found with a 3D-printed gun and a silencer. He has been charged with five crimes in the Keystone State: carrying a gun without a license, forgery, falsely identifying himself to authorities, tampering with records of identification, and possessing “instruments of crime.” Late Monday, authorities in the Big Apple added their charges, including second-degree murder, and Mangione is expected to be extradited to New York.

More from GZERO Media

- YouTube

Fifty years after the fall of Saigon (or its liberation, depending on whom you ask), Vietnam has transformed from a war-torn battleground to one of Asia’s fastest-growing economies—and now finds itself caught between two superpowers. Ian Bremmer breaks down how Vietnam went from devastation in the wake of the Vietnam War to becoming a regional economic powerhouse.

Eurasia Group and GZERO Media are seeking a highly creative, detail-oriented Graphic and Animation Designer who lives and breathes news, international affairs, and policy. The ideal candidate has demonstrated experience using visual storytelling—including data visualizations and short-form animations—to make complex geopolitical topics accessible, social-friendly, and engaging across platforms. You will join a dynamic team of researchers, editors, video producers, and writers to elevate our storytelling and thought leadership through innovative multimedia content.

The body of Pope Francis in the coffin exposed in St. Peter's Basilica in Vatican City on April 24, 2025. The funeral will be celebrated on Saturday in St. Peter's Square.
Pasquale Gargano/KONTROLAB/ipa-agency.net/IPA/Sipa USA

While the Catholic world prepares for the funeral of Pope Francis on Saturday – the service begins at 10 a.m. local time, 4 a.m. ET – certain high-profile attendees may also have other things on their mind. Several world leaders will be on hand to pay their respects to the pontiff, but they could also find themselves involved in bilateral talks.

A Ukrainian rescue worker sits atop the rubble of a destroyed residential building during rescue operations, following a Russian missile strike on a residential apartment building block in Kyiv, Ukraine, on April 24, 2025.
Photo by Justin Yau/ Sipa USA
Members of the M23 rebel group stand guard at the opening ceremony of Caisse Generale d'epargne du Congo (CADECO) which will serve as the bank for the city of Goma where all banks have closed since the city was taken by the M23 rebels, in Goma, North Kivu province in the East of the Democratic Republic of Congo, April 7, 2025.
REUTERS/Arlette Bashizi

The Democratic Republic of the Congo and an alliance of militias led by the notorious M23 rebels announced a ceasefire on Thursday after talks in Qatar and, after three years of violence, said they would work toward a permanent truce.

Students shout slogans and burn an effigy to protest the Pahalgam terror attack in Guwahati, Assam, India, on April 24, 2025. On April 22, a devastating terrorist attack occurs in Pahalgam, Jammu and Kashmir, resulting in the deaths of at least 28 tourists.
Photo by David Talukdar/NurPhoto

Prime Minister Narendra Modi has blamed Pakistan for Tuesday’s deadly terrorist attack in Kashmir, and he’s takenaggressive action against its government.

- YouTube

“When things are going fine, nobody really tests the skills and talents of their financial advisor, but this is a moment where really good advice can be extraordinarily powerful,” says Margaret Franklin, CFA Institute's CEO and President. In conversation with GZERO’s Tony Maciulis, Franklin describes the current financial climate as “maximum uncertainty,” rating it a 10 out of 10 on the risk scale.

President Donald Trump at a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in Osaka, Japan, on June 29, 2019.
REUTERS/Kevin Lamarque/File Photo

On Wednesday, Donald Trump said he would deliver a “fair deal” with China and that he’d be “very nice” to the country after meeting with major retailers. But Beijing denies that there are any ongoing talks and has told the US it must cancel its unilateral tariffs before China will broker any negotiations.