World News

Britain signs interim trade deal with Canada amid continued negotiations with EU

While still trying to reach a post-Brexit trade deal with the European Union, the United Kingdom has been able to agree to an interim trade deal with Canada, Fox News reports. The agreement offers a source of business security for Britain, which must reach an agreement with the EU by the end of the post-Brexit transition period on 31 December or move instead into World Trade Organization terms with the European trading bloc.

US exits Open Skies Treaty citing Russian violations

The United States exited the Treaty on Open Skies on Sunday, six months after the Trump administration signaled it would. The administration cited repeated Russian Federation violations of the treaty designed to allow unarmed aerial surveillance flights by the treaty participants in Europe, Russia, and the U.S.

IFF Report: Global Debt hits staggering new record of over $272 trillion in Q3 2020

The Institute of International Finance (IFF) has issued a quarterly report showing that global debt has surged by over $15 trillion since 2019, reaching a massive new record of over $272 trillion in Q3 2020. The IFF also reports that, while there has been a dramatic increase since the COVID-19 pandemic, there has also been an “unprecedented” build-up of debt over the last four years, with global debt rising by $52 trillion since 2016.

U.S. Targets al Shabaab Leaders With Sanctions

The U.S. State Department hit East African al Qaeda affiliate group al Shabaab with a series of sanctions to hold the group accountable for recent terrorist attacks.

Saudi Arabia may acquire nuclear weapons if Iran does

Saudi Arabia has announced it will consider obtaining nuclear weapons if Iran acquires them, the Times of Israel reports. The Saudi Minister for foreign affairs Adel al-Jubeir made the announcement during a recent interview with the German news agency DPA.

Trump to cut troop levels in Afghanistan but stops short of full withdrawal

President Donald Trump will sharply reduce the number of U.S. forces in Afghanistan from 4,500 to 2,500 by mid-January, the Pentagon announced on Tuesday, stopping short of a threatened full withdrawal from America’s longest war after fierce opposition from allies at home and abroad.

Hungary, Poland Block EU Budget And Coronavirus Rescue

Hungary and Poland blocked approval of the European Union’s 1.8 trillion-euro ($2.1 trillion) budget and coronavirus rescue package after accusing the bloc of interfering in their domestic affairs.

2,500 year old coffins, Mummies and golden statues discovered in Cairo

Egyptian officials have announced the striking discovery of almost 100 ancient coffins, some with mummies inside them, and around 40 golden statues in Cairo’s Pharaonic necropolis, Sky News reports. The findings are being temporarily exhibited by the Step Pyramid of Djoser in Saqqara.

Europe Faces Christmas Hurdles Over Coronavirus Pandemic

European leaders say their citizens should prepare for a bleak winter as the coronavirus rages across nations. Countries from West to East Europe warned it is too early to plan for Christmas travel because COVID-19 cases continue to rise.

ASEAN, China, other partners sign world’s biggest trade pact

China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal many in Asia are hoping will help hasten a recovery from the shocks of the pandemic.

Worthy Christian News