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The yuan’s role as Russia’s foreign currency of choice strengthened. In talks with Chinese leader Xi Jinping, Russian president Vladimir Putin called for a multipolar economic order.
Economists aren’t sure what the US Federal Reserve will do about interest rates. For their part, traders are pricing in a 75% chance that a quarter-point hike is coming at today’s meeting.
The US saw its largest monthly increase in existing-home sales since July 2020. The recent rise is a sign that the housing market may be on the mend.
Scotland’s minimum alcohol price led to a 13% drop in fatalities. New evidence suggests that making booze more expensive probably stopped many people drinking themselves to death.
Chinese censors are still not over Winnie the Pooh
Hong Kongers won’t get the chance to watch Winnie the Pooh go feral on the big screen. The British slasher film Winnie the Pooh: Blood and Honey has been canceled in Hong Kong, and while no specific reason was given, it probably had something to do with Xi Jinping memes.
TikTok’s new monthly user record
150 million: Active TikTok users per month in the US
Having nearly half of all US residents on the app is a huge milestone for the Chinese-owned social media company. But a few things overshadow that: potential bans in the US, as well as in the UK and New Zealand, and its CEO Shou Zi Chew testifying in front of US lawmakers on Thursday.
The world’s water crisis hasn’t improved all that much
Just one in four people around the world have access to safe drinking water, leaving billions without a basic necessity, especially in places with the fastest-growing populations.
Quartz’s visual journalist Clarisa Diaz looked at what makes the countries above particularly vulnerable to water shortages and why they’re an economic threat.
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