U.S. Banks Shelve $20 Billion Bailout Plan for Argentina

The Abu Dhabi National Oil Company is negotiating to acquire Russia's stake in the Serbian energy company NIS, as reported by The Wall Street Journal. This development follows U.S. sanctions that have pressured Russia's influence in Serbia's energy sector.

Swiss watch exports fell by 4.4% in October compared to the same month last year, primarily due to a decline in demand from the U.S. market. This downturn reflects ongoing challenges faced by the Swiss watch industry amid tariff impacts.

Beijing is intensifying its campaign against Taiwan through a strategy termed 'the pen and the gun,' which combines domestic media efforts with aggressive rhetoric aimed at Taiwan's allies. This approach reflects China's broader strategy to assert its claims over Taiwan amid rising tensions in the region.

Asim Munir, Pakistan's Army Chief, has solidified his power through a series of constitutional changes that grant him a new position and lifelong immunity from prosecution. This development has raised concerns regarding the implications for governance and accountability in Pakistan.

The Trump administration has proposed a new 28-point plan aimed at ending the ongoing war in Ukraine. This proposal, drafted by close aides to the president, is expected to encounter significant resistance from Ukraine, as it may require concessions that align closely with Russian demands.

The Netherlands has suspended an order that granted it control over the Chinese-owned chipmaker Nexperia. This decision is seen as a step towards resolving a dispute that had disrupted essential chip supplies to the auto industry.

Treasury yields increased as Federal Reserve officials signaled a likelihood of pausing interest rate cuts on December 10. This development reflects growing uncertainty in the economic landscape.

Norway conducted a test to determine if Chinese-made buses could be hacked, highlighting growing security concerns regarding the increasing presence of Chinese technology in European infrastructure. The investigation reflects broader anxieties about the implications of relying on foreign technology for critical services.