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September 03, 2019
30 million: Argentine soy farmers, who don't want to sell their crops for pesos under the government's newly imposed currency controls, are sitting on nearly 30 million tons of the beans rather than releasing them into the market. #morethanahillofbeans
100 billion: The EU, worried about the lack of world class European tech companies in an industry dominated by the US and China, is proposing an old solution to a new problem: create national champions! Brussels wants to throw 100 billion Euros into a new fund that would back high tech companies from the continent.
61: According to a new Pew survey, 61 percent of Americans say abortion should be legal in all or most cases, the highest figure since the survey began in 1995. But the partisan lines are clear: most Republicans favor tighter restrictions.170,000: China's anti-pollution measures have hit its industrial heartland of Hebei hard, leading to the closure of some 170,000 small factories there in the past two years. As the economy slows, the short-term economic costs of greener policy will become more contentious in China's rust belt.
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Ian Bremmer sits down with Ivan Krastev, Chairman of the Centre for Liberal Strategies and political scientist, to discuss Hungary's consequential upcoming election and what it means for the far right globally.
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A new US regulatory framework sets clear rules for stablecoins, defining issuer responsibilities and laying the groundwork for consistent federal and state oversight. With guardrails in place, stablecoins are shifting from crypto experiment to payment infrastructure. Explore the stablecoin framework with Bank of America Institute.
See: “Raphael: Sublime Poetry at the Met.” The first Raphael retrospective ever mounted in the US is running through June 28 at the Met Museum.
Forty-eight countries have officially qualified for the World Cup, after Iraq booked the final spot with its win against Bolivia on Tuesday.
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