World and International News – 06 December 2022

russia oil price cap

INTERNATIONAL NEWS

1. G20 Sherpa Amitabh Kant on Monday interacted with Sherpas of all the Emerging Market Economies (EME) on the sidelines of the 1st Sherpa meeting of the G20 India Presidency.Kant discussed issues of mutual interest, accelerated growth, and advancement of the Global South.

2. As per US think tank Early Warning Project, India is ranked 8th among the countries that are at the highest risk for mass killing in 2022 and 2023. India has seen a drop in rank from second position in the earlier year.

3. BSF Shoots Down Drone From Pakistan: The Border Security Force (BSF) has been cracking down hard on Pakistan’s aerial conspiracy — its attempts to send drugs and weapons through drones inside India.

4. India, Germany sign Migration and Mobility Agreement for easier access to study, research and work in both countries.

🌎WORLD NEWS🌍

1. An earthquake measuring 5.1 on the Richter scale jolted Dhaka and adjoining areas in Bangladesh around 9.02 am on Monday.

2. Australian Prime Minister Anthony Albanese on Monday announced that he has been tested positive for COVID-19.

3. A top Ukrainian presidential aide criticised Twitter CEO Elon Musk, who had earlier advised Ukraine to give up the Russian-occupied Crimean peninsula for peace.

4. Russian President Vladimir Putin on Monday visited Crimea bridge which was damaged in October blast. This bridge connects mainland Russia to the Moscow-annexed Crimean peninsula.

5. Air pollution was the second largest cause of death and disability in Bangladesh and cost about 3.9 to 4.00 percent of the country’s GDP, said Danden Chan, the acting World Bank Country Director for Bangladesh and Bhutan.

6. Russian oil price cap, EU ban aim to limit Kremlin war chest. The EU ban on Russian oil moving by sea is “by far the biggest step to date to cut off the fossil fuel export revenue that is funding and enabling Russia’s invasion of Ukraine.

7. Russia says oil price cap will not stop Ukraine offensive. The $60-per-barrel price cap agreed by the European Union, G7 and Australia aims to restrict Russia’s revenue while making sure Moscow keeps supplying the global market.

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