A record harvest of sugar beets in Belarus, about 5 million tons, has become a risk factor due to the oversupply in the Russian market. This leads to a drop in sugar prices and a deterioration of the economy for farmers and processors.
The global oil market is experiencing an oversupply of "black gold," pushing oil prices down. A record 1.3 billion barrels of crude oil are in transit or awaiting buyers in the world's oceans.
The European Union has agreed on a new law that allows migrant applications to be processed outside the EU and simplifies deportations. This expands the list of "safe third countries" and limits the possibilities of obtaining asylum in the European Union.
China has begun construction of the world's most powerful mountain hydroelectric power plant on the Yarlung Tsangpo River in Tibet, valued at $168 billion. The project, which will produce 300 billion kWh annually, will be three times more powerful than the Three Gorges Dam and is causing concern in India and Bangladesh.
Russian oil prices have fallen to their lowest level since the start of the war, as sanctions deepen the discounts the country's oil industry is forced to offer. Exporters are receiving just over $40 a barrel, down 28% compared to the last three months, while global benchmark oil prices are also falling.
Putin signed a law ratifying an agreement with India regulating the access of military formations, ships, and aircraft of one country to the territory of the other. This agreement creates a legal basis for the mutual presence of military forces, which is applied for joint exercises and exchange of experience.
Wrestler John Cena had his final match in Washington, ending a 23-year career in the ring. The 48-year-old athlete lost the fight to Austrian Walter Hahn, but will continue to work for WWE as an ambassador.
Iranian authorities detained a foreign oil tanker in the Gulf of Oman, which was carrying 6 million liters of smuggled fuel. There were 18 crew members on board the vessel, who were detained.
In India, fans threw bottles and torn seats onto the field after Lionel Messi spent only 20 minutes at the stadium. Thousands of fans paid up to 12,000 rupees to see the footballer, who arrived for the unveiling of a monument in his honor.
The volume of "oil on water" is growing, reaching 180 million barrels, and export revenues are decreasing due to lower prices for Russian oil grades.
Polish border guards discovered a tunnel under the border with Belarus, through which 180 illegal migrants entered Poland. Over 130 people, mostly from Afghanistan and Pakistan, have been detained.
US President Trump and Indian Prime Minister Narendra Modi held talks on the progress of bilateral relations. The leaders discussed trade negotiations and cooperation in technology, defense, and security.
Thai law enforcement detained two brothers, Saurabh and Gaurav Luthra, after a fire at the Birch by Romeo Lane nightclub in the Indian state of Goa on December 7, which resulted in the deaths of over 20 people. India also arrested six other individuals, including five employees of the establishment, and offered compensation to the victims' families.
In Washington, the idea of creating a new Core 5 group (USA, China, India, Japan, and Russia) was discussed, which would bring traditional adversaries closer together. The White House categorically denies the existence of a document about Core 5, but experts consider it expedient for the current administration.
Italian brand Prada will create 2,000 pairs of sandals in India, inspired by traditional footwear, following criticism. Each pair will retail for approximately $930, combining Indian craftsmanship and Italian technology.
India's aviation regulator DGCA has for the first time deployed two teams at IndiGo's office for daily monitoring after over 3,000 flight cancellations. The Delhi High Court has ordered IndiGo to compensate passengers affected by the cancellations.
Google has introduced an AI Plus plan in India priced at less than $5 per month for new users. This move is aimed at competing with low-cost AI offerings, particularly OpenAI's ChatGPT Go subscription.
Four of India's seven largest oil refineries continue to purchase Russian oil at significant discounts, while Reliance Industries Ltd. refrains due to the risk of sanctions. Russian oil imports to India are expected to decrease, but trade will continue at a lower level.
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.
The Russian Embassy in Iran stated that letters offering to recruit Iranians for the war in Ukraine are being sent by malicious actors. The advertisement promises $20,000 for signing a contract and a monthly salary of $2,000.
The U. S. Centers for Disease Control and Prevention (CDC) has issued travel advisories for Cuba, Bangladesh, Sri Lanka, and Guangdong Province due to outbreaks of chikungunya. This incurable mosquito-borne disease causes symptoms of fever and joint pain, and in severe cases can lead to hospitalization and death.
On the Spanish island of Tenerife, four people died and one person went missing after a powerful wave swept a group of swimmers out to sea. The tragedy occurred in a popular area, despite warnings about the dangers of rough seas.
22 people, including a pregnant woman, died in a massive fire that broke out on Tuesday in an office building in the Indonesian capital, Jakarta. The fire engulfed the seven-story building, causing panic and thick black smoke.
Russia is increasing oil exports, reaching the highest weekly shipments since February 2022, but unloading cargoes is becoming a problem. This has led to a 28% increase in the volume of Russian sea shipments since late August, and the surplus of oil at sea has reached a two-and-a-half-year high, limiting the Kremlin's revenues.
In November 2025, 123 tankers departed from Russian ports, which is 17 fewer than in October. Russian oil exports decreased to 14 million tons, which is 2 million tons less compared to the previous month.
Expert Alexander Gabuev predicts the exhaustion of the Kremlin's economic resources in 12-18 months if sanctions are strengthened. He notes that time is working against Putin, and further sanctions could shorten this period.
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.
Vladimir Putin effectively refused to answer Indian journalists' questions about the Russian army's destruction of homes in eastern Ukraine. He pretended not to understand the question, trying to shift responsibility to Ukraine.
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.
Vladimir Putin told Indian Prime Minister Narendra Modi that Russia is ready to continue uninterrupted oil supplies. This happened during the annual summit in New Delhi, where the leaders reaffirmed the resilience of their ties to external pressure.
