Hard Numbers

Hard Numbers: OPEC+ ain’t eager to pump, Mexico woos Trump with drug bust, Bitcoin to the moon, Merkel’s book is a blockbuster, Quake hits the Golden State

​Police officers stand guard on the rooftop of Vienna's OPEC headquarters before the start of meeting of OPEC oil.
Police officers stand guard on the rooftop of Vienna's OPEC headquarters before the start of meeting of OPEC oil.
REUTERS/Heinz-Peter Bader
3.85 million: The OPEC+ oil cartel on Thursday agreed to extend production cuts of 3.85 million barrels into 2026 amid soft demand and concerns about what the incoming Trump administration’s tariff policies might mean for future markets. Some of the cuts will begin to expire in April, but the market seems to believe Trump wants low oil prices, and a full unwinding will not begin until the end of 2026, according to the new plan.

1,100: Mexican authorities in the northern state of Sinaloa seized over 1,100 kilograms of fentanyl late on Tuesday in the largest drug bust of its kind in the country’s history. Taking deadly drugs off the street is always a good thing, but critics of the Mexican government say authorities are strategically timing major busts to curry favor with the incoming US administration.

103,000: The price of the cryptocurrency token Bitcoin reached $103,000 on Thursday, breaking its previous record as speculators bet big on a friendly regulatory environment. President-elect Donald Trump appointed Paul Atkins, a crypto promoter, to the Securities and Exchange Commission, prompting the market run.

200,000: Former German Chancellor Angela Merkel’s new book, “Freedom: Memoirs 1954-2021,” is set to become Germany’s bestselling book this year, with 200,000 copies already sold in the week after release. At over 700 pages, you’d expect a juicy nugget or two, but early reviews expressed disappointment that Merkel doesn’t spill much tea on other world leaders and historic events — or reflect on the legacy of some controversial policies, such as welcoming large numbers of refugees and pursuing closer ties with Russia and China.

7.0: A magnitude 7.0 earthquake struck off the coast of Northern California on Thursday morning, triggering evacuation warnings along coastal areas from San Francisco all the way to southern Oregon. Fortunately, a tsunami did not develop, and minimal damage took place from the shaking.

More For You

Trump, Putin, and Zelensky surrounded by tanks and negotiators.

America’s new National Security Strategy confirms what Europeans have feared for months: Washington now sees a strong, unified European Union as a problem to be solved, not an ally to be supported.

In this episode of Tools and Weapons, Microsoft Vice Chair and President Brad Smith sits down with Ed Policy, President and CEO of the Green Bay Packers, to discuss how purpose-driven leadership and innovation are shaping the future of one of the world’s most iconic sports franchises. Ed shares how technology and community-focused initiatives, from Titletown Tech to health and safety innovations on the field, are transforming not just the game of football, but the economy and culture of Green Bay itself. He explains how combining strategic vision with investment in local startups is keeping talent in the Midwest and creating opportunities that extend far beyond Lambeau Field.

Subscribe and find new episodes monthly, wherever you listen to podcasts.

Members of security forces stand guard outside a polliong station, a week late in a special election, after the local governing party kept voting closed on election day, amid accusations of sabotage and fraud, in a presidential race still too close to call as counting continues, in San Antonio de Flores, Honduras, December 7, 2025.
REUTERS/Leonel Estrada

More than a week after Hondurans cast their ballots in a presidential election, the country is still stuck in a potentially-dangerous post-election fog.