Trending Now
We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
{{ subpage.title }}
Hard Numbers: Chinese cities lift home-buying restrictions, Humanitarian aid ship sets sail, Car gun theft triples, Opposition wins in North Macedonia, Malaysia introduces orangutan diplomacy
230 million: On Thursday, officials in Hangzhou and Xi’an, cities with a combined population of more than 25 million people, lifted all restrictions on buying new homes. The moves are part of a push by many Chinese cities to bolster the country’s sagging property market. The announcements drew more than230 million views on the social media site Weibo.
1: Thefirst ship moving humanitarian aid to Palestinians in Gaza departed Thursday for a floating platform built by the US military. On arrival, the cargo will be transferred to smaller US vessels that will then bring it ashore.
3: A new report finds the rate of guns stolen from cars in the United States hastripled over the past decade. In 2022, the last year for which stats are available, about 112,000 guns were reported stolen in the US, and just over half were taken from automobiles, most of them parked outside people’s homes.
58: Following an election earlier this week in North Macedonia, the opposition VRMO will control58 of the 120 seats in Parliament and the presidency. As a result, party officials say they can form a coalition government with like-minded allies to defy demands from Bulgaria’s government to recognize rights for the country’s Bulgarian minority in its constitution. Bulgaria can block North Macedonia’s bid to join the European Union, which requires unanimous approval of all members.
2: Malaysia’s government announced a plan to send rare orangutans, majestic primates only found in the jungles of Borneo and Sumatra, as gifts to zoos in countries that buy its palm oil. Malaysia isthe world’s second-largest producer of palm oil, a product found in more than half of supermarket packaged products. The EU said last year it wouldphase out the import of palm oil as a biofuel because its production encourages deforestation in some of the last regions where orangutans live wild.Hard Numbers: Microsoft takes Malaysia, Massive (and unknown) startup, Safety first, Don’t automate my news
2.2 billion: Microsoft has its eye on Southeast Asia. The computing giant announced it’ll pour $2.2 billion into Malaysia’s cloud infrastructure over the next four years and will establish a national AI center with the government. This investment is the latest in a string of Microsoft infusions in local economies to help develop AI: In the past month, the company announced a $2.9 billion investment in Japan, $1.7 billion in Indonesia, and a new data center in Thailand, plus a $1.5 billion stake in the UAE firm G42.
19 billion: There’s a $19 billion AI startup that you’ve likely never heard of. It’s called CoreWeave, and it started as a small crypto company that stockpiled powerful graphics chips. Now, it runs data centers that are in high demand from AI companies that need to access those chips to run their models. It’s a company that has quickly “come out of nowhere,” as its cofounder said, to play a major role in the booming AI economy.
2: AI safety research comprises only 2% of total research about artificial intelligence, according to a new report from Georgetown University’s Emerging Technology Observatory. That’s dwarfed by global research into subjects such as computer vision (32%), robotics (15%), and natural language processing (11%).
42: In the run-up to the 2024 presidential election, 42% of Americans are concerned that news organizations will create stories with generative AI, according to a new poll from the Associated Press and the American Press Institute. While news organizations have been using AI to write simple stories — such as earnings-related stories and sport recaps — for years, those that have turned to generative AI in recent years to replace human-written stories have received public pushback and condemnation.
Hard Numbers: Malaysia backs Hamas, Democrats win key races, fighting in Ethiopia's Amhara region, South Africa’s highway terror, Europe invests in space
77 billion: Malaysian Prime Minister Anwar Ibrahim jeopardized his country’s $77 billion trade relationship with the United States this week by coming out hard in support of Hamas, with which Malaysia has long maintained ties. Anwar, who compared the group to Nelson Mandela, could run afoul of the Hamas International Financing Prevention Act and invite US sanctions on his country — but the rise of the Islamist PAS party and the fragility of his multi-ethnic coalition are pushing him to appeal to such sentiment despite his reputation as a liberal reformer.
3: Democrats won three major off-cycle elections in the US last night, taking the Kentucky governorship, keeping the Virginia state senate, and winning a ballot measure in Ohio to protect abortion rights. The wins come despite weak poll numbers for President Joe Biden, and seem to reinforce the view that GOP overreach on abortion helps turn Democrats out on voting day. For more on the long term consequences, read Eurasia Group expert Kylie Milliken's take.
3,000: Fighting between federal troops and local militias in Ethiopia’s Amhara region has displaced 3,000 people in recent months, according to the Ethiopia Human Rights Commission. From 2020-2022, Amharan troops helped the government to put down a rebellion by militants in the Tigray region, but since then they have refused orders to integrate with national security forces. As a result, government forces have begun cracking down on people suspected of supporting the Amharan militias.
280,000: South Africans suffered 280,000 carjackings between April 2022 and March 2023 (the latest period for which statistics are available) amid an epidemic of violent crime on the roadways that recently ensnared the country’s transport minister. More shocking: The figure for 2021/22 was even higher, with carjackings totaling 330,000.
340 million: France, Germany, and Italy agreed to jointly put up €340 million ($365 million) annually for European space exploration company Arianespace to launch its Ariane 6 rocket at least four times per year and another lighter launcher at least three times. The investment is intended to make Europe’s space sector more competitive with American firms like SpaceX.Japan looks south to bolster its security
Japanese Prime Minister Fumio Kishida is in Manila Friday for a summit with Philippines President Ferdinand Marcos Jr. as Tokyo attempts to draw closer to partners in Southeast Asia to hedge against China.
Tokyo already has extensive economic and diplomatic ties to the Philippines, and has strategically cultivated strong relations in Southeast Asia since the late 1970s. However, during this visit, along with a stop in Malaysia this weekend, Kishida hopes to deepen military ties, opening up Japanese defense exports to both countries, and setting up cross-training programs.
Adding a military dimension is an important change for Tokyo. In the wake of World War II, instead of a collective security strategy à la NATO, the United States pursued a “hub and spoke” system in Asia. Countries like Japan, South Korea, and the Philippines were all allies of the US, but not of one another, in part to maximize US leverage but also because each country faced diverging threats. What concerned Manila in the 1950s wasn’t necessarily an issue for Tokyo.
Now there’s one problem everyone in the region cares about: the Chinese military. Tokyo is well aware it can no longer rely on technological superiority to protect itself from China — nor can Washington. What it can do is fall back on those longstanding ties and give a boost to partners in Southeast Asia, says Eurasia Group’s Japan Director David Boling.
“Kishida’s visit to the Philippines to strengthen defense cooperation is Japan’s way of reminding China of this: You may be bigger than we are, but we have more friends than you do,” he said.
Hard Numbers: Mass shooter kills in Maine, Mexico slammed by sudden hurricane, UAW makes deal with Ford, South African miners resurface, and Meloni takes a breakup break
16: A man in Lewiston, Maine, killed at least 16 people and injured dozens more in two mass shootings last night at a restaurant and bowling alley. The killer remains at large, and authorities urge all residents to shelter in place.
165: Hurricane Otis barreled into southwestern Mexico on Wednesday with sustained winds of over 165 mph after a sudden intensification overnight transformed it into a Category 5 storm — and left authorities in Guerrero state with virtually no time to respond. Damage is expected to be severe, and experts at the National Hurricane Center said, “There are no hurricanes on record even close to this intensity for this part of Mexico.”
25: United Auto Workers reached a tentative four-year deal with Ford on Wednesday that would, if approved by union members, mean a 25% salary boost in addition to cost-of-living raises. UAW advised members to return to work at Ford, which will pressure the other car brands involved in the six-week strike, GM and Stellantis, to follow suit.
107: More than 100 miners locked in a tense dispute between rival labor unions in South Africa’s Gold One mine have emerged from underground, where they had been trapped since Sunday night. Those who resurfaced confirmed that more of their colleagues are being held against their will by miners associated with the other union and that over a dozen people were injured in scuffles between the groups.
1: Italian Prime Minister Giorgia Meloni took a personal day this week following her sudden breakup with television presenter Andrea Giambruno. Her partner of 10 years and the father of her seven-year-old daughter, Giambruno was caught on a hot mic bragging about a workplace affair while trying to pick up a third woman. Calling into a party conference, Meloni reminded Italians that “I, too, am human.”
Hard Numbers: Hip-hop hits half a century, rising death toll from Hawaii fires, Malaysia checks rainbow Swatches, abortion tops US concerns, India passes new data law
50: This Friday marks 50 years since the date commonly recognized as the birthday of hip hop, when Jamaican-born DJ Kool Herc rocked a party at a residential building on Sedgwick Avenue in the Bronx, cutting together drum breaks for people to dance to and throw rhymes over. The New York-born art form — which encompasses MC’ing, DJ’ing, breakdancing, and graffiti — has since spread around the globe to become the single most influential worldwide cultural movement of the past half-century. For a look at what the culture was like in the early days, there’s nothing better than the 1982 cult-classic film “Wild Style.”
55: The death toll from devastating wildfires in Maui, Hawaii, has now risen to 55. Strong winds from Hurricane Dora and dry conditions fueled by climate change contributed to the blazes. But scientists say the growth of a "highly flammable" invasive plant ruining the natural ecosystem is also making it easier for fires to spread.
3: You know what time it is in Malaysia? Time to let you know that the government there on Thursday imposed a 3-year prison sentence for owning or wearing a watch from Swatch’s Pride Collection, which celebrates the LGBTQ+ community. Malaysia still criminalizes same-sex relationships and recentlycanceled a major music festival after the lead singer of British band The 1975 bashed the country’s anti-gay laws and kissed a male bandmate on stage. Here’s a look at the global divide over LGBTQ+ love.
77: As the 2024 presidential election looms, what’s the most important issue for US voters? Abortion, which topped the list for 77% of Americans in a new Economist/YouGov poll. Here’s a GZERO explainer on why the issue is so sensitive in the US.
30 million: India has passed a landmark new data privacy law that imposes fines of up to $30 million for mishandling user data. But critics have focused on a provision in the law that permits the government to block content in the public interest. Given the broader crackdown on independent media in India in recent years, there are concerns the law could be used to stifle criticism of the government.
Hard Numbers: Nashville school shooting, Rohingya flee to Indonesia, Deutsche disruption, America’s tumbling tolerance, white-collar AI wipeout
6: Six people, including three young children and three adults, were killed on Monday at the Covenant School, a private Christian primary school in Nashville, Tenn. Audrey Hale, a former student, was identified as the shooter. The 28-year-old was shot and killed by police during the attack, the 130th mass shooting in the US this year.
184: That’s how many Rohingya refugees landed in Indonesia’s western Aceh province on Monday. Each year, asylum-seekers flee persecution in Myanmar by making the treacherous voyage through the Bay of Bengal and the Andaman Sea to reach Muslim-majority Indonesia or Malaysia.
24: Transportation across Germany ground to a halt Monday in the country’s largest walkout in decades. Unions called a rare 24-hour strike to press for a double-digit rise wage hike amid soaring inflation — partly due to Germany kicking its Russian natural gas habit over the war in Ukraine.
58: So much for loving thy neighbor. A new Wall Street Journal-NORC poll finds that just 58% of Americans believe that tolerance for others is very important, down from 80% four years ago. People in the US now prioritize money more than patriotism and religion. Why? Experts cite the economy, COVID, and fractured politics.
300 million: Generative artificial intelligence systems like ChatGPT — which can create human-like content — could put a whopping 300 million people out of work within a decade in big economies. According to Goldman Sachs, lawyers and administrative staff are the most at risk, and two-thirds of jobs in the US and Europe could be exposed to some form of automation.
What We’re Watching: Climate comp fund, Malaysian coalition building
COP27 delivers on reparations but fails on fossil fuels
Two days behind schedule, the COP27 climate summit in Sharm el-Sheikh, Egypt, finally wrapped up with a historic agreement on Sunday. Wealthy countries will pay poor nations for the economic damage caused by climate change. The so-called "loss and damage fund" will compensate the developing world for impacts like droughts and flooding, which rich nations led by the US had resisted for 30 years. But so far it's only a political statement of intentions with no financial commitment, so it'll be up to future COPs to work out the details. What's more, climate activists' joy over the much-awaited reparations deal was overshadowed by a lack of progress in cutting fossil fuels. Efforts to include stronger language on phasing out oil and natural gas on top of coal were rebuffed by top fossil fuel producers as well as by major guzzlers in the developing world who won't jeopardize their economic growth to embrace renewables. In other words, a victory for climate justice but a painful defeat for clean energy at a COP where expectations were low.
Get more COP27 insights from Eurasia Group analyst Franck Gbaguidi on our Instagram and YouTube channels.
Nationalist bloc might take power in Malaysia
As expected, Malaysia's general election on Saturday delivered a hung parliament without a clear winner. But there were plenty of losers. The opposition multiethnic alliance led by former PM Anwar Ibrahim won the most seats (80) but fell far short of a majority in the 222-member parliament, while the once-dominant UMNO party got its worst result ever with only 30. And perhaps the biggest upset was 97-year-old ex-PM Mahathir Mohamad losing his seat — his first election defeat in 53 years. Meanwhile, a Malay-first alliance captained by Muhyiddin Yassin, yet another former PM, overperformed with 73 seats. Muhyiddin is now favored to return to the premiership after clinching the support of two regional parties from Borneo and is wooing UMNO, but Anwar says he should have a go first. Who'll make the call? The current king under Malaysia’s unique rotating monarchy, who has the constitutional power to appoint the next PM and wants a name by Monday.