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Hard Numbers: X marks the spot in Brazil again, China stocks plummet on stimulus worries, Cameroon insists on presidential signs of life, Hungary embraces the olive
FILE PHOTO: The X account of Elon Musk in seen blocked on a mobile screen in this illustration after Brazil's telecommunications regulator suspended access to Elon Musk's X social network in the country to comply with an order from a judge who has been locked in a months-long feud with the billionaire investor, Sao Paulo, Brazil taken August 31, 2024.
5: X was officially reinstated in Brazil, ending a five week ban of the social media platform, which had failed to comply with court orders to remove accounts that were spreading disinformation. X owner Elon Musk had initially defied the orders and refused to pay related fines, styling himself as a defender of free speech. In the end, Musk and X caved as the ban had caused Brazil’s 40 million X users to start using other sites instead.
7: Mainland China’s benchmark stock index plummeted 7% on Tuesday, in the largest single day drop since February 2020, a time when COVID was first spreading rapidly in the country. Analysts suggested the drop, which snapped a 10-day streak of gains, reflected fading optimism that the Chinese government’s current stimulus policies will be enough to perk up a sluggish economy.
31: He is not dead. Repeat. Not dead. That’s the official word from the Cameroonian government about 91-year old president, Paul Biya, who has not been seen in public in 32 days. Biya, who has held power since 1982, was last spotted leaving a China-Africa summit in Beijing on Sept. 8. Since then, he has missed a number of high profile events, including the entire UN General Assembly in New York.
12.35: Hungary is known for the delicacy of its goulash, the harmonies of Franz Liszt, and the architectural beauties of Budapest. But olive oil? Too chilly right? Not any more. Hungarian farmers are increasingly planting olive trees as climate change shifts the temperate zones of Europe northward and inflicts more frequent droughts on traditional Mediterranean olive habitats like Spain. A mere tenth of a liter of the stuff from Hungary now fetches $12.35 in neighboring Slovenia.