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Hard Numbers: Cybertruck explosion outside Trump hotel, German fireworks-linked arrests, S&P 500 gains, Crypto loss suspect extradited, Costlier drugs
1: A Tesla Cybertruck exploded outside the Trump International Hotel in Las Vegas on Wednesday morning, killing the driver and injuring several others. Authorities said the vehicle pulled up right to the “glass entrance doors of the hotel," and they are reportedly investigating the incident as a possible terrorist attack.
400: Germans love to set off fireworks in the street to ring in the New Year. But this year, some of these celebrations turned ugly as fireworks were used to attack police officers and firefighters. In Berlin, 30 emergency officials were injured, leading to 400 arrests.
23.3: For the second year running, the US S&P 500 index rose more than 20%, ending 2024 up 23.3%. This neared the 24.2% gain of 2023 and finished the strongest two-year period for the blue-chip stocks this century. Last year’s rise was fueled largely by big tech stocks, particularly those linked to AI, with chipmaker Nvidia’s shares gaining a whopping 172% over the past year.
40,000,000,000: The man suspected of causing roughly $40 billion in crypto market losses in 2022 has been extradited to the United States. On Tuesday, Montenegro sent Terraform Labs co-founder Do Kwon, a South Korean national, to the US to face charges of having deceived investors about the TerraUSD cryptocurrency’s stability.
250: The New Year means new prices for at least 250 medicines, including COVID-19 treatment Paxlovid and Bristol Myers Squibb’s cancer cell therapies, according to research by the firm 3 Axis Advisors. Most of the price rises are below 10%, with the median being 4.5%.Hard Numbers: Orbán clams up over oil, monkeypox on the move, global executions rise, body hunters in Las Vegas
0: Hungary’s PM Viktor Orbán warned he will have zero to say about the EU’s proposed Russian oil sanctions at a bloc-wide summit next week. Orbán, whose country depends almost entirely on Russia for crude imports, wants EU financial support to help him find other energy sources. Without unanimous approval, the sanctions package will fail. On Tuesday, Orbán also announced that his government will assume emergency powers so it can quickly respond to challenges created by the war.
19: At least 19 countries where monkeypox is non-endemic had reported fresh cases of the disease as of Wednesday, with Slovenia and the Czech Republic the latest to do so. While the risk to the general public is low, to learn more about how monkeypox is spread, detected, and treated, visit the WHO’s information page.
20: State-sponsored executions rose 20% in 2021, according to a new Amnesty International report. China, Iran, and Egypt were the leading death row countries. The United States is the only industrialized democracy that still persistently uses the death penalty.
2: Historically low water levels at Lake Mead, outside of Las Vegas, have recently revealed the bodies of at least 2 people thought to have been killed decades ago, possibly by the mob. One of them was stuffed in a barrel. The grim discoveries, apparently aided by climate change, have prompted a rush of amateur sleuths and body-hunters, drawn by curiosity and the prospect of cash rewards.