ECB President Christine Lagarde stated that the new EU proposal on using frozen Russian assets to support Ukraine is the most compliant with international law. EU leaders are discussing the involvement of 210 billion euros of Russian sovereign assets frozen in Europe.
US sanctions against Russian oil giants Lukoil and Rosneft, which came into force on November 21, could cause a structural reorganization of the global oil sector. This will lead to the forced sale of assets and the redistribution of ownership of fields and refineries around the world.
Denmark faces more external threats than in many years due to rising geopolitical conflicts. NATO military intelligence points to Russia and China as the main threats, as well as uncertainty about the US role as a guarantor of European security.
Gold prices fell 0. 1% to $4205.4 per ounce, while silver rose 1.1% to $61.34 per ounce, reaching an all-time high. Investors are awaiting Fed Chair Jerome Powell's interest rate forecast.
The U. S. State Department is reverting to the use of Times New Roman font in official communications, overturning the Biden administration's decision to switch to Calibri. This decision, made under Secretary of State Marco Rubio, is motivated by a return to professionalism and the cancellation of the "wasteful" DEIA program.
Support for President Volodymyr Zelenskyy has fallen to 20. 3% amid a corruption scandal, a 4% decrease since October. He remains the most popular candidate, ahead of Valerii Zaluzhnyi (19.1%) and Kyrylo Budanov (5.1%).
US President Donald Trump's approval rating has risen to 41% according to a Reuters/Ipsos poll. The increase was due to growing support for his economic policies among Republicans.
Ford and Renault Group have entered into a strategic partnership to expand Ford's electric vehicle offering in Europe. The cooperation involves the development of two affordable Ford electric vehicles on Renault's Ampere platform and joint efforts in the light commercial vehicle segment.
Mexico and the US will hold a meeting to resolve a dispute over water resource allocation. This comes amid Trump's threat to impose a 5% tariff on Mexican goods due to a violation of the 1944 treaty.
The Syzran Rosneft refinery has suspended oil processing due to equipment damage caused by a drone attack on December 5. Repairs to the plant, which has a capacity of 8.5 million tons per year, could take several weeks.
Ukrainian President Volodymyr Zelenskyy congratulated Andrej Babiš on his appointment as Prime Minister of the Czech Republic. The head of state expressed hope for further development of cooperation, including the work of Czech businesses in Ukraine.
Oil prices fell on Tuesday after a 2% drop the previous day. Brent futures fell to $62.41 a barrel, and WTI to $58.75.
Iraq's Ministry of Oil has proposed that American companies take over a controlling stake in the West Qurna-2 field, currently owned by the Russian firm Lukoil. This decision comes amid the Trump administration's favorable stance on the transfer of Russian global assets to American players.
Nigeria has sent fighter jets and ground troops to Benin after a failed coup attempt. Nigerian President Tinubu is acting due to fears of spreading violence.
Fighting has flared up again between Thailand and Cambodia, disrupting the truce. Thailand launched airstrikes on Cambodia, accusing it of mobilizing heavy weapons, while Cambodia called these actions aggression.
Brent crude futures rose to $63. 84 a barrel, while US West Texas Intermediate crude traded at $60.16. Investors are anticipating a Fed interest rate cut and monitoring geopolitical risks related to supplies from Russia and Venezuela.
The Russian "African Corps," which entered Mali after Wagner militants, is accused of systematic killings and abuse of the peaceful local population.
Near Okinawa, Chinese fighter jets locked fire control radar systems on Japanese military aircraft. Japan claims it was a provocation, while China states it was interference with training.
In early December, China and Russia held the third round of joint anti-missile drills on Russian territory. The drills were not aimed at any third party.
A large fire at a restaurant-club in Goa, India, claimed the lives of at least 23 people, including tourists. The incident occurred on December 6 in the Arpora area, and the causes of the tragedy are being investigated.
On Saturday, December 6, a 7-magnitude earthquake struck the US state of Alaska. The epicenter was located 90 km north of Yakutat, with no tsunami threat.
Lebanese President Joseph Aoun declared the "irreversibility" of expanding negotiations with Israel to end the violence, while Hezbollah publicly criticized the move as a political mistake.
The naval forces of Iran's Islamic Revolutionary Guard Corps (IRGC) conducted two-day military exercises, carrying out a massive launch of ballistic and cruise missiles. This demonstrated their readiness to counter external threats.
Prime Minister Donald Tusk's government failed to override a presidential veto on a bill regulating cryptocurrencies. This prevented increased oversight of a market that Tusk says is open to exploitation by Russian intelligence and money laundering.
Hours after Congo and Rwanda signed a "peace treaty" in Washington with Trump's mediation, fighting on the ground resumed with significant force, with both sides blaming each other.
Former Syrian intelligence chief Kamal Hassan and billionaire Rami Makhlouf, who are in exile in Moscow, are spending millions of dollars to create rival combat forces. They are competing for control over a network of 14 underground command rooms and weapons caches.
Sweden will cease aid to Zimbabwe, Tanzania, Mozambique, Liberia, and Bolivia to increase support for Ukraine to 10 billion kronor by 2026.
The United States is demanding that Europe take on a greater share of NATO's conventional defense capabilities by 2027, including intelligence and missiles. Some European officials consider this deadline unrealistic, as Europe needs time to build up its potential.
South Korea will gain access to nuclear submarines after US approval, which could change Asia's security landscape. This decision could lead to an escalation of the submarine arms race in the region.
The German Bundestag has passed a new military service law that provides for a two-tier system with voluntary service and possible conscription. This is intended to increase the size of the Bundeswehr, as 18-year-old men will receive notices of readiness to serve.
