news

Global

UN Security Council rejects US draft resolution (on Israel).^MP^
UN General Assembly adopts resolution calling for humanitarian truce in Gaza^CGTN^

How Much of the World Will the US Burn in the Transition to Multipolarity?^NC^
Chinese RMB makes steady progress in internationalization: PBOC^CGTN^

In the first nine months of 2023, cross-border RMB payments reached 38.9 trillion yuan, up 24 percent year-on-year. Of that, almost a quarter was used for trade settlements, the highest level in recent years.

Belt and road: West should work with China to build infrastructure – not against it^SCMP^
BRICS Currency to Facilitate International Settlements: Glazyev^TS^

The emergence of a new settlement currency is inevitable because the current international monetary situation is "irrational," the Russian economist foresees.

Hungary ignores Turkey's ratification of Sweden's Nato accession.^BNE^

Migration to rich countries hits all-time high^FT^
How the International Monetary Fund continues to shrink the poorer Nations: The Forty-Third Newsletter (2023).^MR^

World Energy Outlook 2023^CD^

The Future of Mining Is Deeper, Darker, and Riskier^NC^

In the decades to come, as the easiest-to-mine metal deposits are tapped out, the quest for metals to supply the clean energy transition will force us ever further afield. To more remote and politically unstable places on land and further underground, to the deepest seabed, and perhaps even beyond the limits of the Earth altogether — to the moon, and near-Earth asteroids and comets. And unless business as usual can change, our future over the shorter term will be to venture into ever deeper, darker, and riskier places, creating new sacrifice zones in the Global South, where most of the best earthly deposits remain.

Europe:

The EU is about to revive a failed climate solution (carbon offset schemes).^CCN^
Europe’s oldest renewables industry (hydropower) wants more attention from Brussels^Euractiv^
EU 'considers price cap extension' to avert winter gas crisis^CGTN^
‘We have a real problem’: European industry fears decline^Euractiv^
Anti-Black racism is rising in EU countries, led by Germany, study finds^Euractiv^
Romanian president says Schengen ‘no longer functions’ due to closed borders throughout Central Europe^Euractiv^
Chinese science officials tour Europe in bid to strengthen ties amid growing US sanctions^SCMP^

Albania’s economy among strongest in region, says IMF^BNE^

Bulgaria to start building two new reactors at Kozloduy NPP, combined capacity of 2300 MW.^BNE^

France prepares major mining inventory in push for critical raw materials^Euractiv^

Germany’s Habeck calls for ‘Zeitenwende’ on industrial subsidies^Euractiv^

Portuguese construction sector points to worst-ever labour situation^Euractiv^

EU pressure fails to break Kosovo-Serbia deadlock^Euractiv^
China-Serbia military cooperation supports Serbia’s defense modernization, empowers defense capabilities: Serbian Defense Minister^GT^

Spain sees record employment rates although unemployment rises^Euractiv^
Spanish clergy sexually abused 200,000 children: report^DW^

Radical right triumphs in Switzerland^Euractiv^

The Oil and Gas Lobbying Campaign to Water Down Windfall Tax^DS^
Low-welfare eggs from caged hens imported to UK in ‘staggering’ numbers^Bilaterals^
Over 250 Muslim councillors demand Keir Starmer calls for ceasefire in Gaza^OD^
UK Labour’s crisis deepens as Starmer’s lame denial that he endorsed Israeli war crimes flops^WSWS^
Rifts widen in Labour over Starmer stance on Israel-Hamas conflict^FT^
The UK’s ‘official’ labour data is becoming a nonsense^FT^

Western Asia:

China vows closer Iran ties on multilateral forums in first meeting since latest Israel-Gaza war^SCMP^
US diplomacy lost traction in Middle East. Isolating Iran no longer possible.^IP^
Russia: Tehran meeting settles Karabakh conflict ‘on the whole’^Euractiv^

“The conflict has, on the whole, been settled. Both sides agree that Karabakh belongs to Azerbaijan and that was the main issue to be settled,” Russia’s Tass news agency quoted Foreign Minister Sergei Lavrov as saying in Tehran.

That's one way of putting it, I guess.

Turkey delivers a further 500bp rate hike in line with expectations^BNE^
Turkey accused of bombing critical civilian infrastructure in Syria during October drone blitz^BNE^
US fighter jets strike Syria after attacks by Iran-backed militia^Euractiv^