Hard Numbers: Party with Bolsonaro, Foxconn quits India, Egyptian inflation soars, China fights gluttony

Former Brazilian President Jair Bolsonaro with a happy birthday banner
Former Brazilian President Jair Bolsonaro with a happy birthday banner
Annie Gugliotta

149.9: Most former presidents would not be in a celebratory mood if they lost reelection and then got banned from running in the next two elections. But not Brazil's Jair Bolsonaro, who is now hawking a Bolsonaro-themed birthday party pack on his online store. The kit includes party hats, cake decorations, and a plastic banner featuring the smiling far-right firebrand saying: “It’s party time, alright?” If you’ve got 149.9 reais (about $30) burning a hole in your pocket, it can be yours.

19.5 billion: Foxconn, the Taiwanese company that makes iPhones in China for Apple, pulled the plug on a $19.5 billion joint venture to make semiconductors in India after its application for a government subsidy that would've covered more than half the investment got bogged down by red tape. This is bad news for PM Narendra Modi, who wants India to become a chipmaking hub and pushed hard for the plant to be in his home state of Gujarat.

36.8: Egyptian inflation reached a record 36.8% year-on-year in June, beating the previous high from 2017, when the country devaluated its currency following an IMF bailout. Prices have skyrocketed since Russia invaded Ukraine, which made wheat imports prohibitively expensive and depleted foreign exchange reserves, putting Egypt on the brink of default.

108: A restaurant in China is in trouble for offering a free meal to whoever eats 108 spicy dumplings the fastest, earning the title of "King of the Big Stomach." Authorities are looking into a possible violation of China's anti-food waste laws, enacted two years ago to crack down on gluttonous food influencers in a nation where it's customary to offer more food than your guests can gobble up.

More from GZERO Media

The DeepSeek logo is displayed on three cell phones in front of a computer screen showing the Chinese national flag.
Artur Widak/NurPhoto via Reuters

Chinese officials on Thursday announced a new state fund to invest in cutting-edge technology, including artificial intelligence.

U.S. President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019.
REUTERS/Kevin Lamarque

What is President Donald Trump’s strategy on China? On the one hand, he slapped additional 10% tariffs on Chinese goods and is considering$1 million fees on Chinese-built vessels entering US ports.

Sen. John Fetterman, D-Pa., talks with reporters in Russell building after a senate vote on Wednesday, February 19, 2025.
(Tom Williams/CQ Roll Call/Sipa USA)

House Speaker Mike Johnson is expected to pass a budget bill with only Republican support on Wednesday, sending Senate Democrats an imminent predicament: Either approve a spending bill created solely by the GOP or trigger a shutdown standoff – a strategy they have consistently criticized in the past.

A boy holds a sign reading "Calin Georgescu President" during an anti-government rally in Bucharest, Romania.

REUTERS/Andreea Campeanu/File Photo

Ultranationalist Calin Georgescu was the frontrunner heading into Romania’s May presidential election. But electoral authorities banned him from running over the weekend, citing paperwork mistakes and unspecified concerns about this commitment to upholding the country’s constitution.

Polish Prime Minister Donald Tusk attends a European Union leaders special summit to discuss Ukraine and European defense in Brussels, Belgium, on March 6, 2025.
REUTERS/Stephanie Lecocq/File Photo

As Ukraine’s Volodymyr Zelensky was in Saudi Arabia Monday ahead of US-Ukrainian talks, Poland’s Prime Minister Donald Tusk has made waves by discussing nuclear weapons.

- YouTube

The Trump administration’s approach to foreign policy is clear: allies and alliances are expendable, and America is stronger alone. With support for Ukraine waning and European allies sidelined, long-term damage to transatlantic relationships may be inevitable. On Quick Take, Ian Bremmer unpacks this shift and its likely consequences.