Merit Prize Winner: “A Well Earned Rest in the Sahara”. This photo of Moussa Macher, our Tuareg guide, was taken at the summit of Tin-Merzouga, the largest dune (or erg) in the Tadrat region of the Sahara desert in southern Algeria. Moussa rested while waiting for us to finish our 45-minute struggle to the top. It only took ten minutes of rolling, running, and jumping to get back down. The Tadrat is part of the Tassili N'Ajjer National Park World Heritage area, famous for its red sand and engravings and rock paintings of cattle, elephants, giraffes, and rhinos that lived there when the climate was milder. Photo location: Summit of Tin-Merzouga, Tadrat, Tassili N'Ajjer National Park, Algeria. (Photo and caption by Evan Cole/National Geographic Photo Contest)

An Afghan street vendor carries bread on his head ahead of the upcoming holy fasting month of Ramadan in Kabul, Afghanistan, Sunday, June 5, 2016. Muslims across the world will be observing the holy fasting month of Ramadan, when they refrain from eating, drinking and smoking from dawn to dusk. (Photo by Rahmat Gul/AP Photo)

Pope Francis looks at an acrobat of the “Black Blues Brothers” performing during his weekly general audience in St. Peter's Square at The Vatican, Wednesday, Nov. 30, 2022. (Photo by Andrew Medichini/AP Photo)

Mane flowing, a young competitor clears a jump at the hobby horse racing, eventing and dressage event at Parklands Equestrian Centre near Sheffield, UK on December 30, 2024. (Photo by James Glossop/Times Media Ltd)

An egret in the second decade of April 2025 cools off in the Florida heat by gular fluttering, rapidly vibrating its throat muscles with an open beak. The mechanism helps to dissipate heat through evaporation. (Photo by Ronen Tivony/ZUMA Press Wire/Alamy Live News)

A meerkat stands guard as her pups cuddle at Mountain Zebra National Park, South Africa early November 2025. (Photo by Nadine Leonard/Two Point O Media)

The two Pulis Quastie and Gin-Gin run in the snow in their garden in Lautertal, southern Germany, Thursday, January 5, 2017. (Photo by Michael Probst/AP Photo)

Some are in it just for the money, others to help buy a meal. Then there are those who trade for fun or to spend time among friends. Millions of investors – pensioners, security guards, high-school students – dominate China's stock markets, conducting about 80 percent of all trades. Retirees gather in brokerage houses dotted around China also to enjoy some company and savour the air conditioning on hot days. Some start as young as 13, trading from home with an eye on future careers in finance. Winning isn't guaranteed. This year, among the most turbulent in China's financial history, its stock markets more than doubled in the six months to May, only to crash amid concerns that growth in the country, which makes everything from cars to steel, is slowing faster than previously thought. (Photo by Aly Song/Reuters)