Skip to content
Search

Latest Stories

Hard Numbers

Hard numbers: Zimbabwe’s new bills, Ecuador in hot water, Russian dam failure, Ukraine’s air defense, Island-sized lottery.

​Banknotes of the new national currency Zimbabwe Gold, ZiG for short, are presented at a press conference of the Central Bank of Zimbabwe. Due to high inflation, Zimbabwe's central bank has introduced a new currency that is primarily linked to gold, but also to a number of other precious metals and foreign currencies.

Banknotes of the new national currency Zimbabwe Gold, ZiG for short, are presented at a press conference of the Central Bank of Zimbabwe. Due to high inflation, Zimbabwe's central bank has introduced a new currency that is primarily linked to gold, but also to a number of other precious metals and foreign currencies.

Columbus Mavhunga/dpa via Reuters Connect
Make us preferred on Google

70: Zimbabwe is rolling out the ZiG, a new currency pegged to gold and foreign cash. The government hopes to curb the freefall of its erstwhile dollar, whose value has declined by over 70% since January. People have three weeks to exchange the old notes for the new currency.

2: Two countries, Mexico and Nicaragua, have cut ties with Ecuador following a police raid Friday on Mexico’s Quito embassy that resulted in the arrest of Ecuador’s former vice president, Jorge Glas. Glas had been staying in the embassy seeking asylum since December, when a warrant was issued for his arrest. President Lopez Obrador responded angrily, calling the raid a “flagrant violation of international law,” and Nicaraguan President Daniel Ortega followed suit, referring to it as “reprehensible."


11,000: The failure of a dam in Orsk, Russia, has forced the evacuation of 11,000 residents and left over 4,000 buildings teetering on the brink. Several regional provinces in the area, near the Kazakhstan border, have suffered from flooding in recent days.

25: In a television interview that aired on Saturday, Ukrainian President Volodymyr Zelensky asked allies for 25 US Patriot systems, saying they are vital to repelling Russian ballistic and hypersonic missiles that can hit targets within minutes. As Russia’s relentless bombing continues, the Ukrainian president warns that his country is running out of air-defense missiles.

1.3 billion: An Oregon lottery player snagged a Powerball prize north of $1.3 billion after no other player hit the jackpot for three months. For context, that’s roughly the equivalent of Grenada’s GDP, minus the taxman's cut, of course.

More For You

Zambia’s elections put its democratic reputation to the test
Will Fitzpatrick
Zambians head to the polls this week in national elections that will test a country that’s garnered a reputation as one of southern Africa’s most stable democracies. Since Zambia returned to multiparty elections in 1991, it has had six different presidents from three different parties. President Hakainde Hichilema is seeking reelection after [...]
AI-boosted cybercrime
Natalie Johnson
Artificial intelligence now contributes to more than half of cybercrime in Africa, helping criminals launch faster, more sophisticated attacks, according to a new study by the international police organization Interpol. Phishing, online extortion, and identity theft ranked among the most common cybercrimes last year. With more than 1 billion [...]
School shooting in Thailand puts gun ownership in focus
Will Fitzpatrick
A 14-year-old boy opened fire at a school outside Bangkok on Friday after killing his grandparents at their home, killing seven people and injuring 30 others before taking his own life. The attack has renewed scrutiny of Thailand’s high levels of gun ownership. Despite having strict gun laws, Thailand has a booming black market for firearms. There [...]
Nigerian security forces free hundreds of abductees
Natalie Johnson
In what Nigeria’s president described as the country’s largest single-day rescue operation, security forces freed hundreds of people from captivity in the northern Kainji Lake National Park. Authorities have not identified the kidnappers, but abductions by armed groups, including Boko Haram-linked militants, have become increasingly common to [...]