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photo: AP / Dmitry Lovetsky

G-7 joins EU on $60-per-barrel price cap on Russian oil

Federal News Radio | 03 Dec 2022

WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to prevent price spikes and starve President Vladimir Putin of funding for his war in Ukraine. Europe needed to set the discounted...

photo: AP / Gerald Herbert

Emmanuel Macron visits French Quarter in New Orleans during US state visit

Irish Independent | 03 Dec 2022

French President Emmanuel Macron arrived in Louisiana, the US state most closely aligned historically with his country, to celebrate their long-standing cultural ties and discuss energy policy and climate change. Mr Macron met with political leaders and strolled through New Orleans’ historic French Quarter, the heart of the city, stopping...

photo: AP / Khalil Hamra

US Designates Iran, China as Countries of Concern Over Religious Freedom

Voa News | 03 Dec 2022

The United States on Friday designated China, Iran and Russia, among others, as countries of particular concern under the Religious Freedom Act over severe violations, U.S. Secretary of State Antony Blinken said. In a statement, Blinken said those designated as countries of particular concern, which also include North Korea and Myanmar, engaged in...

photo: Creative Commons / Tony the Marine https://creativecommons.org/licenses/by-sa/3.0/deed.en

Early 20th-century Hawaii imported Russian workers

Asiatimes | 02 Dec 2022

On February 19, 1906, the mail steamer China pulled into the harbor in Honolulu, Hawaii. It had made the voyage from San Pedro, California, many times before, but this trip became front-page news. Local newspapers heralded the arrival of “one hundred and ten white men, women and children, the vanguard of what promises to be an influx of settlers...

photo: AP / Misper Apawu

Asian surge in World Cup: South Korea stun Portugal, follow Japan to round of 16

Indian Express | 02 Dec 2022

UPSC Key- December 2, 2022: Why you should read ‘UN Security Council’ or ... Poet, playwright and linguist…how Savarkar impacted Marathi Wanted: New York City rat czar. Will offer salary as high as $170,000AAP a one-man party… cannot become BJP alternative,’ says Baijayan... Subscribe now at less than Rs 4/day For the next 63 minutes,...

photo: Creative Commons / Nanking2012

Robert Malley: Biden is willing to take military action against Iran if JCPOA talks fail

Press TV | 02 Dec 2022

US Special Envoy for Iran Robert Malley has said President Joe Biden is willing to take military action against Iran if Tehran rejects Washington’s terms on the nuclear deal. The Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), was an agreement signed in 2015 by Tehran with the United States, the United Kingdom,...

photo: Creative Commons / OSeveno https://creativecommons.org/licenses/by-sa/3.0/deed.en

Cracking the cartels: global police face legal backlash over tactics

The Guardian | 02 Dec 2022

Law enforcement sources have described it as an embarrassment of riches, a treasure trove that led to raids across Europe and in Dubai this week that were said to have brought down a super-cartel controlling a third of the European cocaine trade. “It was as if we were sitting at the table with the...

photo: AP / Paul Sakuma

Week Ahead: Big Week For Oil Markets…

FX Empire | 02 Dec 2022

The global commodity may be injected with fresh volatility due to not only the OPEC+ meeting but developments revolving around European Union sanctions on Russian oil. Other factors like geopolitical risks, economic data and overall sentiment may play an important role in shaping the global commodities outlook for the rest of 2022. Economic...

photo: Creative Commons / Dietmar Rabich https://creativecommons.org/licenses/by-sa/4.0/deed.en

Germany split on Port of Hamburg deal with China

Asiatimes | 02 Dec 2022

The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works since September 2021 and was championed by the chancellor (and Hamburg’s former mayor), Olaf Scholz. Scholz’s coalition partners have been vocal in criticizing the deal. Chief...

photo: European Union

China-EU relations can be improved if we look at the big picture of the world

People Daily | 02 Dec 2022

On December 1, President of the European Council Charles Michel visited China, and it was the first official meeting between the leaders of China and the European Union (EU) institution after the 20th National Congress of the Communist Party of China. Public opinion has generally noticed that Michel is the second important European leader to visit...

photo: Public Domain / Theanphibian

IAEA chief hopes to find solution for Zaporizhzhia nuclear plant by year-end

FX Empire | 02 Dec 2022

MILAN (Reuters) – The International Atomic Energy Agency hopes to reach an agreement with Russia and Ukraine to create a protection zone at the Zaporizhzhia nuclear power plant by the end of the year, the head of the U.N. atomic watchdog was quoted as saying. The nuclear plant, Europe’s biggest, provided about a fifth of Ukraine’s electricity...

photo: AP / Thibault Camus

Biden, Macron pledge US-French alliance on Ukraine, democracy

The News International | 02 Dec 2022

French President Emmanuel Macron toasts US President Joe Biden during a state dinner on the South Lawn of the White House in Washington, DC, on 1 December, 2022.— AFP WASHINGTON: US President Joe Biden and French President Emmanuel Macron emerged from White House talks Thursday pledging to close ranks in helping Ukraine and pressuring Russia's...

photo: WN / Shilpa

What to expect as India assumes G20 presidency for 2023

Al Jazeera | 02 Dec 2022

India has begun its yearlong presidency of the Group of 20 (G20), taking over from Indonesia at a time of geopolitical tumult and uncertainty over post-pandemic economic recovery. “Today, we do not need to fight for our survival – our era need not be one of war. Indeed, it must not be one,” Prime Minister Narendra Modi said in a declaration...

photo: Creative Commons / Rama

Hungarian filling stations running out of price-capped fuel

The News-Gazette | 02 Dec 2022

MARTONVASAR, Hungary (AP) — Drivers in Hungary are increasingly running into gas and diesel shortages at filling stations as a government-imposed price cap squeezes the operators of independent stations and leaves the state energy company struggling to keep up with demand. At hundreds of fuel stations across Hungary, a confusing mosaic of paper...

photo: AP / Nariman El-Mofty, File

‘Relish this moment, forget about the war’: Yemenis on World Cup

Al Jazeera | 02 Dec 2022

Sanaa, Yemen – In Maeen district in the heart of the Yemeni capital Sanaa, about 10 street vendors gathered on the side of a busy road to watch the Argentina-Saudi Arabia match. The men, who make a living selling vegetables or black-market petrol, crowded around a laptop that one of the vendors had brought and placed on some cardboard on the...

photo: Creative Commons / Unspalsh/ Thought Catalog

Russia’s Largest Bank Announces Compatibility With Ethereum, Integrates MetaMask

Bitcoinist | 02 Dec 2022

The largest bank in Russia, Sber, has announced that its proprietary blockchain platform will be compatible with Ethereum. In a press release, the bank, whose majority shareholder is the Russian government with a “50% + 1 share” option, announced the new capabilities for its proprietary open blockchain platform. The announcement was...

photo: AP / Kirsty Wigglesworth

EU edges closer to USD 60-per-barrel Russian oil price cap

Financial Express | 02 Dec 2022

EU nations sought to push the cap across the finish line after Poland held out to get as low a figure as possible, diplomats said on Thursday. Follow Us The European Union was edging closer to setting a USD 60-per-barrel price cap on Russian oil — a highly anticipated and complex political and economic maneuver designed to keep Russia’s...

photo: AP / Ronald Zak

Ukraine to limit Moscow-linked religious groups: Zelensky

Urdu Point | 02 Dec 2022

Kyiv, Ukraine, (UrduPoint / Pakistan Point News - 2nd Dec, 2022 ) :Ukraine will move to impose limitations on religious organisations in the country which have links to Russia, President Volodymyr Zelensky...

photo: Flickr / FinnishGovernment / CC BY 2.0 https://creativecommons.org/licenses/by/2.0/

Finland PM Sanna Marin says Europe is ‘not strong enough’ without the US

The Guardian | 02 Dec 2022

Speaking in Sydney, Marin says Europe needs to build its own defence capabilities and says Finland is preparing for cyber-attacks from Russia Ukraine war live Finish prime minister Sanna Marin has called for Europe to build its own defence capabilities in the wake of the war in Ukraine, saying that...