All World stories

US, India score G20 wins at China’s expense

China and Russia’s leaders may have decided to skip this year’s G20 gathering in New Delhi, but everyone else managed to get along just fine without them.

Why it matters: India and the US emerged as the winners from this year’s summit, with both countries advancing some of their own priorities while holding the American-led bloc together on some contentious issues. 

Why is violence breaking out at Eritrean festivals across Canada?

Throughout the summer, violence has erupted at Eritrean cultural events across Canada and the world between protestors and attendees. The explanation for why is complicated.  

Driving the news: The most recent clash in Calgary over the Labour Day long weekend involved as many as 150 people and sent a dozen to the hospital.  One Calgary police chief called it the “largest violent event to happen in our city in recent memory.”

India opens its arms at this year’s G20

A who’s who of global leaders are landing in New Delhi as the annual G20 Summit starts tomorrow… or later today if you factor in the time difference.

Driving the news: Host country India (which might be trying to soft launch a new name for itself) has chosen “One Earth. One Family. One Future.” as the theme of the conference and hopes to focus discussions on sustainable development and spreading economic growth. 

China’s got chips, too

As the US-China chip war continues to run hot, a new smartphone has entered the chat. 

Driving the news: A Bloomberg report revealed that the Mate 60 Pro, a new phone from Chinese multinational Huawei, is powered by an advanced chip made by SMIC (China’s top chip maker), a sign that the country's chip development has taken a big step forward. 

India and China clash on borders

Whom amongst us has not rehashed a long-running dispute mere days after committing to de-escalating tensions?

What happened: Per the BBC, India is taking issue with a newly released Chinese map that lays claim to what India considers its territory. The map in dispute shows the northeastern state of Arunachal Pradesh, and the disputed Aksai Chin plateau, as belonging to China. 

As rents heat up, Germany wants a freeze

As renters around the world echo the concerns of Jimmy McMillan (read: the rent is too damn high), some countries are taking drastic measures to cool off hot rental prices. 

Driving the news: Germany has proposed a plan to cap rent increases at 6% in cities with high demand and freeze rent hikes entirely in the rest of the country for three years, as it looks to curb record-high rental prices amid a housing shortage, per the Financial Times

Trump is changing the rules of politics… again

Is anyone really surprised that Donald Trump continues to change the nature of US politics? Or should we say… do the unpresidented.

What happened: Within minutes of his mugshot being released from Atlanta’s Fulton County Jail, the former US President had posted the image to his website with a statement saying he “was ARRESTED despite having committed NO CRIME” at the “notoriously violent” jail.

How is Ozempic affecting Denmark’s economy?

How are scores of Americans trying to lose weight affecting Danish monetary policy? The answer isn’t as complicated as it may seem. 

Driving the news: Novo Nordisk, the Danish producer of blockbuster drugs Ozempic and WeGovy, has pumped so much of its profit into Denmark’s economy this year that it has single-handedly inflated the value of the Danish krone and impacted interest rate decisions.

US intelligence weighs in on Russian warlord plane crash

The exact causes of the plane crash believed to have killed Russian warlord Yevgeny Prigozhin have not been found, but there are plenty of theories beyond bad turbulence.

What happened: Initial US intelligence reports determined that the plane crash believed to have killed Wagner Group leader Yevgeny Prigozhin was the result of an intentional explosion. As of last night, Russia has yet to officially confirm his death, as the recovered bodies are burned beyond recognition and will require DNA testing.

BRICS adds six more countries

The BRICS bloc of developing countries achieved heavyweight status this week by expanding to cover 47% of the world’s population and 36% of the global economy. 

Driving the news: The leaders of BRICS, representing Brazil, Russia, India, China, and South Africa, made a surprise announcement at their summit to extend the group’s membership to six new countries: Saudi Arabia, Egypt, Ethiopia, Argentina, and the UAE.