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Hard Numbers: LGBTQ travel warning, drug deal on ice, weaker growth spurs rate hopes, bees hit the road

August 31, 2023

Alex Kliment

A protester is seen carrying a Canadian rainbow flag.

Reuters

1 million: In response to a growing number of US state laws that discriminate against LGBTQ people, Canada has issued a travel warning for anyone visiting the southern neighbor. At least 1 million of Canada’s 40 million people openly identify as LGBTQ.

0: So far, zero US states have been able to import cheaper prescription drugs from Canadian wholesalers, despite the Trump administration’s move to permit this practice three years ago. Texas has now become the latest, and largest, state to apply, spurring hopes that the FDA will accelerate approvals for the program.

1.1: Canada will announce second-quarter GDP numbers on Friday, and economists expect growth of just 1.1%, a marked slowdown from the 3.1% clip reached in the first quarter. The silver lining? This may give the Bank of Canada room to pause on its rate hikes, which reached a 22-year high back in July as inflation remains toasty. The next rate-setting meeting is on September 6.

5 million: How’s this for some buzz to start the day? Several crates carrying some 5 million bees fell off a truck during the Wednesday morning rush hour in Burlington, Ontario, prompting police to urge motorists to roll up their windows and call for anyone with beekeeping experience to lend a hand.

GZEROMEDIA

The biodiversity-shaped piece in the climate crisis puzzle: How to solve it

Mastercard

The clock is ticking on efforts to help halt and reverse biodiversity loss, but there’s still time to help support the animals, plants, and ecosystems that are all necessary for a healthy planet. In order to protect biodiversity — every living organism and ecosystem from microbes to mangroves — citizens, companies, and countries all need to do their part. That’s why the Mastercard-led Priceless Planet Coalition is on a mission to restore 100 million trees and regenerate biodiversity-rich forests. Read more about the Coalition's approach and progress.

Hot topics at the IMF-World Bank meetings

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Delegates at the IMF and World Bank Annual Meetings have been giving rosy outlooks to the press while the cameras are rolling, but GZERO Senior Writer Matthew Kendrick heard a different story in private settings. He told Tony Maciulis that the global outlook depends heavily on US policy continuity — which is highly unlikely under a second Trump administration — and successful efforts in China to revive its own floundering economy.

Can the IMF change to help more women?

Matthew Kendrick

When a country hits rock bottom financially, the International Monetary Fund is meant to step in with funds to stabilize the economy without damaging its society — or the gender gap. But studies show that these programs often push women out of work at a disproportionate rate to men as the economy contracts. Matthew Kendrick reports from the World Bank-IMF Annual Meetings on a push to build more equitable programs.

GZEROMEDIA

North Korean troops move into Russia’s border area with Ukraine

Russia's President Vladimir Putin and North Korea's leader Kim Jong Un attend a farewell ceremony before Putin's departure at an airport in Pyongyang, North Korea June 19, 2024.

Gavriil Grigorov/Reuters

Kyiv says that roughly 12,000 North Korean troops are in Russia, a far greater number than reported by the US, though it remains unclear precisely how many have entered what Ukraine referred to as the “combat zone.”

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Hard Numbers: LGBTQ travel warning, drug deal on ice, weaker growth spurs rate hopes, bees hit the road

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Hard Numbers: LGBTQ travel warning, drug deal on ice, weaker growth spurs rate hopes, bees hit the road

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More from GZERO Media

This week World Bank announced a bold initiative to bridge the gender divide by creating more economic opportunity, broadening female leadership, and reducing gender-based violence in the next 5 years as 2030 approaches.

There are times when we need more context, and there are times when we do not. How do we tell the difference?

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Subscribe to GZERO Media's newsletter: Signal

Kyiv says that roughly 12,000 North Korean troops are in Russia, a far greater number than reported by the US, though it remains unclear precisely how many have entered what Ukraine referred to as the “combat zone.”

Georgian Dream insists the country is still on track to join the EU, as critics accuse the party of pushing Georgia in an increasingly anti-Western, authoritarian direction.

In 2001, a Goldman Sachs economist coined an acronym for the four largest and most promising “emerging market” economies: Brazil, Russia, India, and China became known as the “BRIC” countries.

With the latest polls still showing Donald Trump and Kamala Harris neck and neck in the swing states, both candidates are heading to Texas, a far less competitive state, with hopes of reaching key voter groups nationwide.