Hard Numbers: Shanghai lockdown, US billionaire tax, Amazonian NFTs, Houthi truce

March 27, 2022

Medical staff in PPE walk in front of barriers of a Shanghai area under lockdown.

REUTERS/Aly Song

2,631: Shanghai will go into lockdown after reporting a record 2,631 new asymptomatic COVID infections on Sunday. China’s largest city had been trying to avoid this extreme measure, but authorities ultimately caved to Xi Jinping’s zero-COVID policy.

100 million: On Monday, the Biden administration will propose a 20% minimum income tax on US households worth at least $100 million in order to cut the deficit. This includes taxing unrealized capital gains, which Democrats failed to pass in Congress last year.

150: A Brazilian company that owns some 150 square miles of the Amazon is funding conservation efforts by auctioning off sponsorship of rainforest lots as non-fungible tokens. NFT holders will not own the land itself but rather get access to information about how it is being preserved.

7: On Saturday, Houthi rebels declared a three-day truce with the Saudi-led coalition to mark the seventh anniversary of Yemen’s civil war. The olive branch came a day after the Houthis attacked a Saudi oil plant near the Formula One race track in Jeddah, to which Riyadh responded with airstrikes on rebel-held cities in Yemen.

From Your Site Articles

Inside Elon Musk and DOGE's "revolutionary" push to reshape Washington, with WIRED's Katie Drummond

Elon Musk smiles while pulling open his jacket to reveal a black shirt with the word "DOGE" printed in bold letters. Text art reads "GZERO World with Ian Bremmer – the podcast."

Listen: Elon Musk, the world’s richest man, made his fortune-breaking industries—space, cars, social media—and is now trying to break the government… in the name of fixing it. But what happens when Silicon Valley’s ‘move fast and break things’ ethos collides with the machinery of federal bureaucracy? On the GZERO World Podcast, Ian Bremmer sits down with WIRED Global Editorial Director Katie Drummond to unpack the implications of Musk’s deepening role in the Trump administration and what’s really behind his push into politics.

Europe divided over Macron’s “reassurance force” for Ukraine

France's President Emmanuel Macron speaks during a press conference following a summit for the "coalition of the willing" at the Elysee Palace in Paris on March 27, 2025.

LUDOVIC MARIN/Pool via REUTERS

At the third summit of the so-called “coalition of the willing” for Ukraine on Thursday, French President Emmanuel Macron proposed a multinational “reassurance force” to deter Russian aggression once a ceasefire is in place – and to engage if attacked.

How Imamoglu’s arrest is deepening Turkey’s economic woes

A group demonstrators chant slogans together as they hold posters during the protest. The ongoing protests were sparked by the arrest of Istanbul Metropolitan Mayor Ekrem Imamoglu.

Sopa Images via Reuters

Last week’s arrest of Istanbul Mayor Ekrem Imamoglu sparked the largest anti-government rallies in a decade and resulted in widespread arrests throughout Turkey. Nearly 1,900 people have been detained since the protests erupted eight days ago.

Chain reaction: Why Trump pulled Stefanik’s UN nomination

National Security Advisor Mike Waltz and Rep. Elise Stefanik (R-NY), the then-nominee for US ambassador to the UN, during a Cabinet meeting at the White House in Washington, DC, on Wednesday, Feb. 26, 2025.

Al Drago/Pool/Sipa USA

An internal GOP poll found a Republican candidate trailing in a special election for a conservative-leaning district in Florida, forcing US President Donald Trump to make a decision aimed at maintaining the Republican Party’s majority in the House.

South Sudan’s vice president arrested, country on brink of civil war

South Sudan's Vice President Riek Machar, pictured here addressing the press in 2020.

REUTERS/Samir Bol

Alarm bells are ringing ever more loudly in South Sudan, as Vice President Riek Machar — chief rival to Prime Minister Salva Kiir — was arrested late Wednesday in an operation involving 20 armored vehicles at his compound in Juba. He was placed under house arrest, a move that is fueling fears that the country will soon descend into civil war.

US-Taliban relations thaw amid race for Afghanistan’s mineral riches

Afghan Interior Minister Sirajuddin Haqqani, pictured here at the anniversary event of the departure of the Soviet Union from Afghanistan, in Kabul, Afghanistan, on April 28, 2022.

REUTERS/Ali Khara

The Trump administration has dropped multimillion-dollar bounties on senior Afghan officials from the Haqqani network, a militant faction that carried out some of the deadliest attacks on American troops but has now positioned itself as a moderate wing within the Taliban government. But why?

Hard Numbers: Shanghai lockdown, US billionaire tax, Amazonian NFTs, Houthi truce

GZEROMEDIA

More from GZERO Media

Inside Elon Musk and DOGE's "revolutionary" push to reshape Washington, with WIRED's Katie Drummond

Will the Trump-Musk relationship last?

How long will President Donald Trump’s relationship with Elon Musk last? Ian Bremmer takes a look.

Europe divided over Macron’s “reassurance force” for Ukraine

At the third summit of the so-called “coalition of the willing” for Ukraine on Thursday, French President Emmanuel Macron proposed a multinational “reassurance force” to deter Russian aggression once a ceasefire is in place – and to engage if attacked.

Hard Numbers: Major earthquake strikes Southeast Asia, Israel passes judicial reform, Fox News wins advertisers, Pollution kills, HHS sees massive job cuts, Suspected US strikes hit Houthis

How Imamoglu’s arrest is deepening Turkey’s economic woes

Last week’s arrest of Istanbul Mayor Ekrem Imamoglu sparked the largest anti-government rallies in a decade and resulted in widespread arrests throughout Turkey. Nearly 1,900 people have been detained since the protests erupted eight days ago.

GZEROMEDIA

Chain reaction: Why Trump pulled Stefanik’s UN nomination

An internal GOP poll found a Republican candidate trailing in a special election for a conservative-leaning district in Florida, forcing US President Donald Trump to make a decision aimed at maintaining the Republican Party’s majority in the House.

South Sudan’s vice president arrested, country on brink of civil war

US-Taliban relations thaw amid race for Afghanistan’s mineral riches

The Trump administration has dropped multimillion-dollar bounties on senior Afghan officials from the Haqqani network, a militant faction that carried out some of the deadliest attacks on American troops but has now positioned itself as a moderate wing within the Taliban government. But why?

You vs. the News: GZERO’s Weekly News Quiz, March 28, 2025

Have you stayed atop GZERO’s news coverage this week? Here’s your chance to prove it.

Who’s meddling in Canada’s election?

Canada’s foreign interference watchdog is warning that China, India, and Russia plan on meddling in the country’s federal election. The contest, which launched last weekend, has already been marked by a handful of stories about past covert foreign interventions and threats of new ones.

Hard Numbers: Shanghai lockdown, US billionaire tax, Amazonian NFTs, Houthi truce

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

More from GZERO Media

How long will President Donald Trump’s relationship with Elon Musk last? Ian Bremmer takes a look.

At the third summit of the so-called “coalition of the willing” for Ukraine on Thursday, French President Emmanuel Macron proposed a multinational “reassurance force” to deter Russian aggression once a ceasefire is in place – and to engage if attacked.

Last week’s arrest of Istanbul Mayor Ekrem Imamoglu sparked the largest anti-government rallies in a decade and resulted in widespread arrests throughout Turkey. Nearly 1,900 people have been detained since the protests erupted eight days ago.

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

An internal GOP poll found a Republican candidate trailing in a special election for a conservative-leaning district in Florida, forcing US President Donald Trump to make a decision aimed at maintaining the Republican Party’s majority in the House.

The Trump administration has dropped multimillion-dollar bounties on senior Afghan officials from the Haqqani network, a militant faction that carried out some of the deadliest attacks on American troops but has now positioned itself as a moderate wing within the Taliban government. But why?

Have you stayed atop GZERO’s news coverage this week? Here’s your chance to prove it.

Canada’s foreign interference watchdog is warning that China, India, and Russia plan on meddling in the country’s federal election. The contest, which launched last weekend, has already been marked by a handful of stories about past covert foreign interventions and threats of new ones.