Hard Numbers: Israel expands humanitarian zone, Bitcoin bounces, Italy’s Meloni loses in court, OECD prices remain high, A very late book return

​Displaced Palestinians walk in a tent camp amid the conflict between Israel and Hamas in Khan Younis, southern Gaza Strip, on Nov. 9, 2024.

Displaced Palestinians walk in a tent camp amid the conflict between Israel and Hamas in Khan Younis, southern Gaza Strip, on Nov. 9, 2024.

Photo by Majdi Fathi/NurPhoto via Reuters
30: On Monday, Israeli officials announced they have expanded a humanitarian zone in southern Gaza just ahead of the expiration of the Biden administration’s 30-day deadline to provide more aid to Gaza’s civilian population. US officials have warned that failure to comply could have “implications for US policy,” including on US materiel support for Israel. It remains unclear whether Israel’s plan will offer Palestinians much help or satisfy US demands.

84,653: The price of bitcoin hit a record high of $84,653 on Monday afternoon on hopes that President-elect Donald Trump will offer cryptocurrency-friendly policies. A year ago, bitcoin sold for about $37,000.

7: An immigration court in Italy has rejected Prime Minister Giorgia Meloni’s bid to detain Europe-bound asylum-seekers in Albania. The judge ruled that seven Bangladeshi and Egyptian men brought to Albania by an Italian warship must be taken to Italy and remain there as they await a decision on their asylum application.

30: Though the inflation rate has cooled across wealthy countries, average price levels across the OECD remained about 30% higher in September 2024 than in December 2019, before COVID and Russia’s invasion of Ukraine sent inflation surging.

51: A book called “The Early Work of Aubrey Beardsley” was returned to a public library in Massachusetts last week. The book was due for return on May 22, 1973, making it 51 years late. President-elect Donald Trump has vowed that China’s government will pay the fine. (Just kidding.) The Worcester Public Library does not charge late fees.

More from GZERO Media

Cabs drive along Westminster Bridge in front of the British Parliament with the Elizabeth Tower and the famous Big Ben bell.

Julia Kilian/dpa via Reuters Connect

The United Kingdom is set to unveil the world’s first national law criminalizing the use of artificial intelligence tools for generating child sex abuse material, or CSAM.

Lettering on a logo of the European Union, AI-Act, the symbolic image for the laws and regulation of artificial intelligence in Europe.

IMAGO/Bihlmayerfotografie via Reuters Connect

The first restrictions under Europe’s landmark artificial intelligence law just took effect.

Mexico's President Claudia Sheinbaum holds a press conference in Mexico City, Mexico February 3, 2025.
REUTERS/Raquel Cunha

With hours to spare, President Donald Trump hit the pause button on a North American trade war, reaching agreements with both Mexico and Canada to delay the imposition of 25% tariffs that had businesses and markets sweating. Ten percent tariffs on Chinese products, however, took effect overnight.

South African President Cyril Ramaphosa looks on during the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2025.
REUTERS/Yves Herman

President Donald Trump has said that he will cut all US funding to South Africa, accusing the government there of confiscating land and “treating certain classes of people very badly,” an allegation South African President Cyril Ramaphosa denies.