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One Sentence News / Dec 1, 2021

Colin Wright
Colin Wright
The news simply summarized / December 1, 2021
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Summary: Iran’s new president has suggested he considers all matters discussed in previous negotiations to be drafts that are subject to revision; he also indicated he wants the US to lift all sanctions against Iran along with guarantees that no new US sanctions will be applied in the future if they walk away from their nuclear weapons program.
Context: These comments by Iran’s president contradict assurances by the EU diplomat leading the talks, and could practically restart negotiations from square one, which is not what the other parties involved had hoped for or expected in the wake of six previous rounds of hard negotiation; these talks are being held mere months after the Iranian government announced it was producing small quantities of uranium at 60% purity, which is considered to be relatively close to the 90% purity necessary to make nuclear weapons—which is another complexifying variable for these talks.
—The Associated Press
Summary: Japanese automobile company Nissan has announced it plans to spend $17.6 billion over the next five years as part of an effort to add 20 new battery-powered cars to its offerings by 2026, nine of which will be completely electric, while the others will be gas-electric hybrids.
Context: This announcement is interesting because it’s one more data point indicating when the consumer automobile industry might finish converting over to all-electric vehicles, but it’s also interesting because of how Nissan leaders are hedging a bit, opting to announce more hybrids than fully electric vehicles—cars which will be safer options for some people, and which may make more sense in some areas as pure electric vehicle infrastructure is deployed around the world.
—The Wall Street Journal
Summary: A financial data leak, the biggest in African history containing 3.5 million documents covering nearly a decade of transactions at a major bank, BGFI, contains evidence that tens of millions of dollars in public money was transferred into bank accounts owned by friends and family of the former President of the Democratic Republic of Congo, Joseph Kabila; his sister partially owned the bank, and his brother ran it.
Context: A consortium of 19 journalistic entities are still processing these documents, but what seems to have happened based on what they’ve figured out already is the Chinese owners of some of the country’s cobalt and copper mines funneled money earmarked for the country’s coffers through this bank, that money went into accounts held by the President’s friends and family members, whose names were on the documentation for shell companies, and these Chinese companies were then, mysteriously able to attain no-bid contracts for much of the country’s mineral wealth during Kabila’s time in office.
—Bloomberg
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A growing number of US adults who are not already parents are reporting they probably won’t have children—in some cases for medical or age-related reasons, in others because of concerns about the climate or similar global issues, but about 56% of adults under 50 who aren’t parents and who don’t want kids say they simply don’t want kids.
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Amount The Walt Disney Company will spend on content for its 2022 fiscal year (which began October 1) according to forecasts in its most recent annual report.
That’s an increase of about $8 billion over its 2021 fiscal year, and these price tags include the cost of producing original films and TV shows (for theaters and their streaming service), but also licensing rights for sports content for ESPN (which they own) and for outside-produced film and movie content for Hulu (which they also own).
—Variety
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Colin Wright
Colin Wright @colinismyname

One Sentence News is concise, politically unbiased, and focused on delivering information and understanding in a non-frantic, stress-free way.

Each issue features three curated news stories with a one sentence summary and one sentence of context apiece.

There's also a visual (usually some kind of chart or map) with a brief explanation, a news-relevant number with the same, and a "trust click" link with something unrelated to the news (but interesting) from around the web.

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