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Hard Numbers: French far-right handover, Big Oil makes big bucks, China vs. COVID, Peruvians want prez out

November 06, 2022
Carlos Santamaria
Newly elected National Rally leader Jordan Bardella with the outgoing Marine Le Pen during the party congress in Paris.
Newly elected National Rally leader Jordan Bardella with the outgoing Marine Le Pen during the party congress in Paris.
Lafargue Raphael/ABACA via Reuters Connect

50: For the first time in 50 years, the main French far-right party will not be captained by a Le Pen. Marine Le Pen, daughter of founder Jean-Marie Le Pen, has now handed over the reins of the National Rally to Jordan Bardella, 27, in a clear play for young voters.

200.24 billion: Publicly listed US oil companies reaped $200.24 billion in profits during the second and third quarters of the year thanks to higher prices driven by Russia's invasion of Ukraine. President Joe Biden wants to hit Big Oil with a windfall tax unless they pump more crude to bring down gasoline prices.

4,420: That's how many new COVID infections China reported on Saturday, the most in six months. No wonder the government once again confirmed that it has no plans to relax its zero-COVID policy anytime soon — whatever the economic damage.

6: Thousands of Peruvians took to the streets of Lima on Saturday to demand the resignation of embattled President Pedro Castillo. The left-wing Castillo has already survived impeachment twice and is the current target of six separate corruption probes.

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Should we rethink the global aging crisis?

- YouTube

youtu.be

The world is quietly being reshaped by a demographic time bomb: Birthrates are plummeting, and the global population is rapidly aging. By 2050, one in six people will be over 65. While the overall population is still increasing—driven by growth in developing countries like Nigeria and Pakistan—experts predict it will peak in about 60 years. The shift to depopulation will have huge implications for the future of work, healthcare, and retirement. So what can we do about it? On Ian Explains, Ian Bremmer breaks down the different strategies governments are using to try to get people to have more kids, particularly in East Asia, where the population crisis is severe.

In the Philippines, women are growing a forest — and financial resilience

Mastercard

The Puerto Princesa Forest Restoration Initiative is a project to plant more than 400,000 seedlings to restore Palawan forests destroyed by Super Typhoon Odette in the Philippines. It’s part of a larger global effort by the Priceless Planet Coalition, launched by Mastercard with Conservation International and the World Resources Institute, to fund the restoration of 100 million trees around the world. These projects extend beyond carbon sequestration — they’re aimed at creating economic opportunities for women in the region, enabling them to better provide for their families. Read more about how many local women and community members are leading the charge on nursery construction, maintenance, and seedling production.

The global population is aging. Is the world prepared?

- YouTube

youtu.be

Listen: The world is on the brink of one of the most fundamental demographic shifts in modern human history: populations are getting older, and birth rates are plummeting. By 2050, one in six people on Earth will be over 65, which will have a huge impact on the future of work, healthcare, and social security. On the GZERO World Podcast, Ian Bremmer sits down with Jennifer Sciubba, President & CEO of the Population Reference Bureau, to discuss declining fertility, the aging crisis, and why government efforts all over the world to get people to have more babies don’t seem to be working.

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