Hard Numbers: Global malnutrition alert, Europeans’ bleak view of economy, South Korea’s export crunch, Xi’s confidence

June 24, 2022

8 million: Global food prices have risen amid the war in Ukraine, but it is particularly bad for emerging-market economies. UNICEF now says that up to 8 million children under the age of 5 could die from severe malnutrition in the coming months. The organization listed nearly two dozen “high risk” countries and urged developed states to step up and help.

-23.6: European confidence in the economy is going from bad to worse. The EU’s consumer confidence indicator for the eurozone plunged to -23.6 this month, the lowest it’s been since the peak of the pandemic in April 2020. Fears are mounting that the continent will soon fall into a recession as Russia tightens its grip on gas exports.

13: South Korean exports in the first 10 days of this month dropped 13% from the same period in 2021, a dramatic change from earlier this year when the country experienced an export boom amid the global post-pandemic recovery. The shift highlights the ongoing challenge for export-reliant economies amid the global inflation storm.

5.5: China’s economy has been pummeled by Beijing’s strict zero-COVID policy and a weakening housing market. But President Xi Jinping says his country is still on track to meet its 5.5% GDP growth goal this year. Economists, however, are skeptical and suggest it will be closer to 4%.

Carney clinches Canadian Liberal leadership

Former Bank of Canada and Bank of England Governor Mark Carney listens to outgoing Prime Minister Justin Trudeau's speech just before being elected to succeed Trudeau as Liberal Party leader on Sunday, March 9, in Ottawa, Canada.

REUTERS/Amber Bracken/Pool

Mark Carney, former governor of the Bank of Canada and the Bank of England, won the leadership of Canada’s Liberal Party on Sunday, succeeding outgoing Prime Minister Justin Trudeau.

Sectarian violence erupts in Syria – in former Assad stronghold

Syrian fighters and civilians carry the coffin of a member of the Syrian security forces during his funeral in Hama province after he and 11 other colleagues were killed in an ambush by groups loyal to the ousted President Bashar al-Assad in Latakia.

Moawia Atrash/dpa via Reuters Connect

It seems that the 14-year-long civil war isn’t quite over in Syria. Since Thursday, violent clashes between deposed dictator Bashar Assad’s Alawite loyalists and supporters of the new Sunni regime in the coastal regions have left over 1,000 dead, according to the Syrian Observatory for Human Rights.

Republicans bid to avoid government shutdown

US House Speaker Mike Johnson speaks to reporters at the Capitol in Washington, U.S., in February 2025.

REUTERS/Nathan Howard

With a government shutdown deadline looming on Friday, US House Speaker Mike Johnson on Saturday introduced a continuing resolution that, if passed, would effectively fund the government through September. US President Donald Trump has backed the bill. The budget battle comes as fears rise over the impact of Trump's tariff policies, and the flip-flopping nature of their implementation. On Sunday, Trump refused to rule out that his aggressive economic policies could cause a recession.

Putin ramps up attacks as Ukraine flies blind ahead of Riyadh talks

People stand at the site of an apartment building hit by a Russian missile strike, amid Russia's attack on Ukraine, in the town of Dobropillia, Donetsk region, Ukraine, on March 8, 2025.

REUTERS/Nadia Karpova

Russian forces bombarded Ukraine for two consecutive nights this weekend, killing over 25 people in Donetsk and Kharkiv. Moscow also retook three towns in Kursk after troops crawled for miles through a gas pipeline and staged a surprise attack.

Kim Jong Un shows off North Korea’s first nuclear-powered sub

North Korea's leader Kim Jong Un visits a shipyard, in this photo released by North Korea's official Korean Central News Agency on March 8, 2025.

KCNA via REUTERS

Cigarette in hand, and with the toothiest of grins, North Korean leader Kim Jong Un posed for photographs at a shipyard next to the makings of a “nuclear-powered strategic guided missile submarine.” The vessel appears to be a 6,000-ton-class or 7,000-ton-class one, with a payload of 10 missiles, in line with plans unveiled at the Hermit Kingdom’s 2021 party congress.

Syria sees worst fighting since Assad’s fall

Syrian forces head to Latakia after fighters linked to Syria's ousted leader Bashar Assad mounted a deadly attack on government forces on Thursday, March 6, 2025.

REUTERS/Mahmoud Hassano

Nearly 50 people were killed on Thursday in the deadliest clashes Syria has seen since the overthrow of Bashar Assad. Pro-Assad militants attacked security checkpoints around the western coastal town of Jableh, a stronghold of the former regime.

US may target Iranian tankers

The Liberian-flagged tanker Ice Energy, chartered by the US government, takes Iranian oil from Iranian-flagged Lana (formerly Pegas) as part of a civil forfeiture action off the shore of Karystos, on the Island of Evia, Greece, in May 2022.

REUTERS/Costas Baltas/File Photo

The Trump administration is reportedly considering a strategy to disrupt Iran’s oil exports by stopping and inspecting Iranian oil tankers at sea. The US would use the Proliferation Security Initiative, established in 2003 to prevent the trafficking of weapons of mass destruction, as a legal justification for the inspections.

Hard Numbers: Global malnutrition alert, Europeans’ bleak view of economy, South Korea’s export crunch, Xi’s confidence

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Carney clinches Canadian Liberal leadership

Mark Carney, former governor of the Bank of Canada and the Bank of England, won the leadership of Canada’s Liberal Party on Sunday, succeeding outgoing Prime Minister Justin Trudeau.

Sectarian violence erupts in Syria – in former Assad stronghold

Republicans bid to avoid government shutdown

Putin ramps up attacks as Ukraine flies blind ahead of Riyadh talks

Russian forces bombarded Ukraine for two consecutive nights this weekend, killing over 25 people in Donetsk and Kharkiv. Moscow also retook three towns in Kursk after troops crawled for miles through a gas pipeline and staged a surprise attack.

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Syria sees worst fighting since Assad’s fall

Nearly 50 people were killed on Thursday in the deadliest clashes Syria has seen since the overthrow of Bashar Assad. Pro-Assad militants attacked security checkpoints around the western coastal town of Jableh, a stronghold of the former regime.

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EU leaders met in Brussels on Thursday to answer two big questions: How can Europe defend Ukraine in the short term and defend itself in the long term?

Hard Numbers: Global malnutrition alert, Europeans’ bleak view of economy, South Korea’s export crunch, Xi’s confidence

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More from GZERO Media

Mark Carney, former governor of the Bank of Canada and the Bank of England, won the leadership of Canada’s Liberal Party on Sunday, succeeding outgoing Prime Minister Justin Trudeau.

Russian forces bombarded Ukraine for two consecutive nights this weekend, killing over 25 people in Donetsk and Kharkiv. Moscow also retook three towns in Kursk after troops crawled for miles through a gas pipeline and staged a surprise attack.

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

With so much of the world in geopolitical flux these days, it’s hard to pick clear winners or losers. But one leader who could be pretty happy about how things are going at the moment is Recep Tayyip Erdogan.

Nearly 50 people were killed on Thursday in the deadliest clashes Syria has seen since the overthrow of Bashar Assad. Pro-Assad militants attacked security checkpoints around the western coastal town of Jableh, a stronghold of the former regime.

EU leaders met in Brussels on Thursday to answer two big questions: How can Europe defend Ukraine in the short term and defend itself in the long term?