Qatar's Energy Minister is concerned that insufficient investment and growing energy consumption by artificial intelligence will cause a shortage of LNG and natural gas after 2035. Global demand for liquefied natural gas will increase to 700 million tons per year within ten years, while current production is 400 million tons.
The US Supreme Court will consider President Donald Trump's planned revocation of automatic birthright citizenship. Lower courts had previously ruled this executive order unconstitutional.
The icy air that came to the US from Canada caused a sharp drop in temperature in the northeastern US, setting a new temperature record in New York. The minimum temperature dropped below 1 degree Celsius, breaking the 1942 record.
The White House stated that Europe risks "civilizational destruction" due to decades of economic decline, political censorship, and immigration. This is outlined in the updated US National Security Strategy, signed by Donald Trump.
Rheinmetall AG CEO Armin Papperger said that a peace agreement in Ukraine will not change future demand for weapons, as Europe enters a prolonged period of rearmament. The company expects European and German defense spending to grow, aiming for 50 billion euros in sales by 2030.
Indian Prime Minister Narendra Modi and Kremlin head Vladimir Putin met in New Delhi, discussing peace efforts regarding Russia's war against Ukraine and expanding economic cooperation. Agreements on mobility, supplies of Indian products, and the leasing of a submarine are expected.
Trump helped the leaders of Rwanda and the Democratic Republic of Congo sign a peace agreement and economic pacts. This will give the US access to the region's valuable minerals, although the implications for the 30-year conflict remain unclear.
Ukraine has pushed back against hedge funds' demands regarding debt restructuring, stating that its proposal to exchange $3. 2 billion in GDP warrants is the best possible solution. The Ministry of Finance of Ukraine is confident in its proposal, which is intended to restore the sustainability of public debt.
Lawmakers from Hungarian Prime Minister Viktor Orban's party have submitted a bill that makes it harder to remove the president from office. The amendment comes four months before elections in which the opposition seeks to reverse Orban's consolidation of power.
India will pay about $2 billion to lease a nuclear submarine from Russia, concluding a decade of negotiations. The deal provides for the delivery of the vessel within two years, although the contract was signed in March 2019.
Japanese Prime Minister Sanae Takaichi reaffirmed the country's unchanged position on respecting China's view on Taiwan, which sparked discussions among Chinese social media users. Her statement refers to the 1972 joint communiqué, despite previous statements about a possible threat to Japan in the event of a Chinese attack on Taiwan.
Canadian oil prices have fallen to their lowest level relative to the American benchmark since March 2025. The decline is caused by increased production in Alberta amid a global raw material surplus and slowing global demand.
Hermès heir Nicolas Puech has sued LVMH and Bernard Arnault. He is demanding the return of 14 billion euros worth of Hermès shares, which were sold without his knowledge.
India's largest airline, IndiGo, has canceled over 70 flights from key cities due to a pilot shortage and technological disruptions. This is attributed to new flight time limitation rules and a software glitch in Airbus aircraft.
In Hong Kong, authorities ordered the immediate dismantling of external scaffolding at 210 sites after a fire killed 159 people. The investigation revealed suspicions of the use of forged safety certificates for materials.
Putin will pay a state visit to India on December 4-5 for talks with Prime Minister Narendra Modi. The meeting takes place against the backdrop of India continuing to massively buy discounted Russian oil, despite warnings from Washington.
This year, the price of silver has risen by 100%, outperforming gold, thanks to supply shortages and high industrial demand. Metal reserves are close to historical lows, exacerbating the risk of scarcity.
Italian Foreign Minister Antonio Tajani stated that it was premature for the country to participate in the NATO program for purchasing American weapons for Ukraine due to peace talks. This indicates a change in the strategy of Giorgia Meloni's government regarding Ukraine.
Insurance for vessels heading to Black Sea ports has more than tripled after a series of Ukrainian attacks on Moscow-linked maritime targets. According to the broker Marsh, the cost of coverage for visiting Russian ports has increased by more than 250%.
Russia is struggling to deliver oil under US sanctions, which has led to a 21% increase in oil volumes at sea in three months. The average voyage time for the flagship ESPO crude to Chinese ports has increased to over 12 days.
Shares of American Bitcoin, a cryptocurrency mining company backed by Donald Trump Jr. and Eric Trump, fell by almost 40%, losing about $1 billion in market capitalization. Eric Trump attributed the decline to investors' ability to lock in profits after the share lock-up period ended.
The administration of US President Trump plans to expand the US travel ban to 30 countries after a shooting in Washington where a servicewoman was killed. The suspect is an Afghan citizen who arrived in the US in 2021.
Canada is calling on NATO for a more systemic approach to Arctic security amid geopolitical changes. Foreign Minister Anita Anand will raise the issue at a meeting of NATO ministers.
The Irish media regulator has launched an investigation into TikTok and LinkedIn. The reason is a suspicion of inadequate mechanisms for reporting illegal content, which could lead to a fine of up to 6% of annual revenue.
Exxon Mobil is in talks with Iraq to acquire Lukoil's controlling stake in the West Qurna-2 field. This field accounts for 9% of Iraq's oil production, and potential buyers can negotiate until December 13.
Bulgarian police detained 71 people after overnight clashes amid the largest anti-government protests in a decade. The government is withdrawing the budget bill after escalating tensions.
The European defense sector grew by 13. 8% in 2024, reaching a turnover of €183.4 billion. This growth is a result of increased defense budgets following Russia's full-scale invasion of Ukraine.
US President Donald Trump urged Israel to continue dialogue with Syria after a border incident that escalated relations. This happened after Israeli soldiers were wounded during an operation near the Syrian border.
Gasoline prices in the US have fallen to $3 a gallon, the lowest level since May 2021. This drop is due to cheaper crude oil and weak consumer demand, although the price is still significantly higher than Trump's pre-election promise of $2 a gallon.
Ukraine aims to receive additional funding from Europe totaling approximately 1 billion euros or 1. 2 billion dollars by the end of the year. The funds are needed to ensure the uninterrupted acquisition of equipment through the PURL program, which finances the purchase of American weapons.
