Try out our new infinity stats stack — a collection of the most fascinating, weird, and important numbers from around the (rest of) world.
Stat of the day
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$20 billionThe size of the climate finance deal between U.S. and IndonesiaAt the G20 Summit in November, U.S. President Joe Biden and Indonesian President Joko Widodo shook hands on a $20 billion deal to help Indonesia make the transition from coal. But, as Indonesia aims to secure its position in the global chain of EV production, Chinese companies, instead of exporting raw nickel ore, are partnering with Indonesian companies to export refined nickel products, such as nickel matte — a crucial component of many EV batteries.
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18%The percentage of global computing power dedicated to mining Bitcoin accounted for by Kazakhstan in August 2021By the end of 2021, peak demand on the country’s electricity grid had jumped more than 7% over the year before. Facing civil unrest and blackouts, the government throttled the power supply of the miners it once welcomed, and the country’s miners are looking to relocate, further concentrating Bitcoin mining computing power in the U.S. and Russia.
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838,367How many lines of code our product team added to the Rest of World siteIt takes an average of 1.8 seconds to load one of our pages. We’re proud of the work we’ve done to make our site quick and responsive no matter what your connection is like. We estimate that if you wanted to read every single Rest of World story, it would take just over three days.
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3 daysThe amount of time that a Shein supplier has to mail a new design sample to the company after an orderMore than five days, and the supplier will be cut from Shein’s supplier roster. That cutthroat manufacturing schedule is driving Shein’s revolution in retail supply chains. Fast-fashion giants like Zara are on a 14-day turnaround schedule. As part of Shein’s process, designers will often source pictures from social media and send them to the company’s internal buyers. From original design to the arrival of a package at a customer’s doorstep in the U.S., the entire process can take as little as one month.
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$105 millionHow much Lebanese investment firm M1 Group agreed to pay to acquire the Myanmar business of Norwegian telecoms firm TelenorThat leaves just a few foreign telecoms firms, including Qatar’s Ooredoo and Vietnam’s Viettel, operating in Myanmar amid crackdowns on mobile activity, following a military coup in the country in February 2021. Myanmar accounted for 7% of Telenor’s earnings in 2020, and the company had been one of the biggest foreign investors in Myanmar, but reported a $738 million loss on its operations there in May.