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Sponsored by [Masterworks]( Start your day smarter with a dossier on the most important world news, rounded off with a shot of intriguing and offbeat stories. Like the president, you deserve no less. Oct 24, 2022 Today Rishi Sunak is poised to become Britainâs new PM â perhaps as early as today. Xi Jinping has taken near-complete control of China as he secures a third term. Russiaâs getting increasingly desperate in Ukraine, paving the way for future atrocities. And ethnic clashes in Sudan claimed at least 220 lives. All this and more in todayâs PDB. [Who Wants to Be aâ¦. ̶M̶i̶l̶l̶i̶o̶n̶a̶i̶r̶e̶ LOSER?]( Thought we were gonna make money in this economy? In your dream. Especially if you havenât done anything about the highest inflation rate in 40+ years bleeding the value of your cash and investments. A solution? Two words: fine art. Thatâs right. During the previous period of high inflation (1973-1981), art was one of the only asset classes that gained value. In fact, art prices appreciated 17.5% per year. With [Masterworks](, it's incredibly easy to get started investing in art. This award-winning platform is helping 550,000+ invest in works by the same world-renowned artists that are coveted by ultra-wealthy collectors and major museums alike (think Picasso, Basquiat, and Banksy.) Masterworks breaks these multi-million dollar works into shares, so you can invest without breaking the bank. Also, their investors are earning serious $$$. Masterworksâ latest painting sold gave their investors a 33.1% net return*. Best of all, as a trusted partner, OZY readers can skip their waitlist to join. [Disclosure]( [Skip the Waitlist]( IMPORTANT Third Time Lucky? Rishi Sunak Poised to Become British PM as Johnson Pulls Out Sunakâs bid to become Britainâs third prime minister this year received a boost when Boris Johnson pulled out of the race late last night. Candidates have until 2 p.m. local time Monday to submit at least 100 nominations from Conservative Party parliamentarians. If more than one candidate meets this threshold, paid-up party members will choose the new leader. As of 11 a.m., Sunak had 178 publicly declared nominations and his only rival, Penny Mordaunt, had just 26 â but her spokesperson was still touting her chances: âSheâs getting the numbers and sheâs in it to win it.â (Sources: [The Guardian](, [BBC]() Absolute Power As Congress Ends, Xi Jinping Tightens Hold Over China Everyone expected Xi to be confirmed as leader for an unprecedented third term, but the absolute stranglehold heâs established over the Communist Partyâs top tiers took many observers by surprise. Every member of the seven-man Politburo Standing Committee, the most powerful body in the country, is now a Xi loyalist. Selections for the larger Politburo also favored loyalty above all, although there was also a focus on filling the body with scientists and engineers to drive China toward self-sufficiency. âXi is surrounded by yes-men,â said Jean-Pierre Cabestan of Hong Kong Baptist University, âand there are not even any yes-women.â (Source: [NYT]() Another One Down? Russiaâs Grip on Kherson Seems to Be Slipping The Russian administration of the southern Ukrainian city urged residents to take âdocuments, money, valuables and clothesâ and flee. The Institute for the Study of War believes the Kremlin doesnât âexpect a rapid Russian or civilian returnâ to the city; instead it sees the evacuation as an attempt to damage âlong-term social and economic viability.â Meanwhile, Ukrainian President Volodymyr Zelenskyy debunked Moscowâs claims that Ukraine is planning to use a âdirty bombâ on its own people as an attempt to shift blame for future Russian atrocities. The world âwould see throughâ such a âpretext for escalation,â said the White House. (Source: [The Guardian]() No End in Sight At Least 220 Killed in Ethnic Clashes in Sudan Fath Arrahman Bakheit, director general of the health ministry in the Blue Nile province, warned that the death toll may rise significantly as authorities have been unable to reach the epicenter of the violence. The conflict is part of a land dispute between the [marginalized Hausa community]( and rival groups. The latest wave of violence has displaced around 7,000 people, bringing the total number of displacements this year to 211,000. âIn such clashes, everyone loses,â said Bakheit. âWe hope it ends soon and never happens again, but we need strong political, security and civil interventions to achieve that goal.â (Source: [Al Jazeera]() Briefly Here are some things you should know about today: Maimed. The Satanic Verses author Salman Rushdie has lost sight in one eye and the use of one hand following an attack at a literary event in upstate New York in August. (Source: [Reuters]() Bad math. The release of the ânationâs report cardâ Monday laid bare the impact of the pandemic: eighth gradersâ math scores fell in nearly every state, and fourth graders also performed abysmally in math and reading. (Source: [NYT]() All the kingâs horses. King Charles will sell 14 of his late motherâs racehorses. âEvery year owners sell stock. His Majesty is just doing what owners do,â said racing expert Jimmy George. (Source: [BBC]() INTRIGUING Net Gain Tuna Catches Soar on Fringes of Massive Hawaii Marine Reserve Fisheries data collected between 2010 and 2019 showed that tuna catches on the fringes of the PapahÄnaumokuÄkea Marine National Monument increased after the expansion of the reserve in 2016. Within 100 nautical miles of the reserve [catches of yellowfin and bigeye tuna increased by 54% and 12% respectively](. Scientists reckon both the size of PapahÄnaumokuÄkea â itâs three times bigger than California â and its long rectangular shape, which allows fish to travel, feed and reproduce freely along an east-west axis, contributed to the positive results. âItâs a winâwin for fish and fishermen,â said coauthor Jennifer Raynor of the University of WisconsinâMadison. (Source: [Nature]() Forget Me Not As Meloni Takes Power, Italians Flock to Mussoliniâs Birthplace On Saturday, Giorgia Meloni was sworn in as Italyâs first female prime minister â but itâs her partyâs neofascist origins that are making headlines. While Meloni has distanced herself from the fascist dictator Benito Mussolini, her party logo is very similar to Il Duceâs and she used [a fascist motto]( on the campaign trail. Not that pilgrims to Mussoliniâs birthplace and grave in the tiny town of Predappio are complaining. âToday the flame of the tricolor burns in the Italian government,â read one tribute. Another said: âDuce, 100 years ago you started a glorious period. Today, we can finally remember it freely.â (Source: [The Guardian]() Surprise! UK Welcomes Its First Baby Bison in Millennia Good news at last. In July, three female bison were reintroduced to a forest in Kent as part of a [rewilding project thatâll tackle climate change]( and assess bisonsâ impact as âecosystem engineers.â Last month, rangers worried when they hadnât seen female 2 for a few days. Then ranger Tom Gibbs took out his binoculars to investigate a noise and âlo and behold, this little face popped out from behind the female, and that was the eureka moment.â To avoid looking vulnerable to predators, bison are expert at concealing their pregnancies. The birth announcement was delayed by Queen Elizabethâs death. (Source: [The Guardian]() Thinking Caps Philippines: Students Embrace Professorâs Call for Anti-Cheating Hats Looking for a âfun wayâ to encourage âintegrity and honestyâ during exams, engineering professor Mary Joy Mandane-Ortiz asked her students in Legazpi City to make âsimpleâ paper hats that would prevent them from looking at othersâ work. Instead, they combined engineering nous with boundless creativity to whip up fantastic creations from egg cartons, toilet rolls, motorbike helmets and laundry baskets. The craze quickly went viral, with other schools around the country following suit. Mandane-Ortiz said no one was caught cheating this year and many students handed in their papers early. The best part? Their results improved too. (Source: [BBC](; Image source: [Mary Joy Mandane-Ortiz]() RIP Japanese Soccer Star Masato Kudo Dies at 32 Kudo was hospitalized Oct. 3 after being diagnosed with hydrocephalus, a buildup of fluid in the brain. The former Japan international striker died Friday following unsuccessful brain surgery. âKudo was an incredibly accomplished player. But in spite of that he was never arrogant and cherished his teammates, the club and our supporters,â said Keita Nimura of Kudoâs current club Tegevajaro Miyazaki. âHe personified our club slogan, âshinshiâ (sincere).â He was also mourned by his former club the Vancouver Whitecaps: âKudo was loved by all who had the pleasure of knowing him. He was kind, gracious, and his smile would light up the room.â (Source: [CNN]()
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