A Palestinian human rights group announced last week that illegal Israeli “settler” attacks in the West Bank have resulted in at least 20 Palestinian families fleeing from their homes “after repeated assaults” at the hands of these settlers.
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CHINA CONCERNED AS U.S. CHOKES OFF OIL SUPPLY
China, one of the world’s largest buyers of crude oil, watched with concern as the U.S. seized control of Venezuela’s oil industry because Beijing relies on cheap oil from Washington-sanctioned countries, which raised concerns that it could start getting choked in the market if the U.S. also attacks Iran.
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SAUDIS CARRY OUT NEW AIRSTRIKES IN SOUTHERN YEMEN AFTER UAE-BACKED LEADER MISSED TALKS IN RIYADH
The Saudi military last week carried out airstrikes on southern Yemen after the UAE-backed leader of a separatist movement skipped a scheduled meeting in Riyadh amid worsening tensions in the region that risk a wider confrontation.
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FINANCIAL TIMES CALLS VENEZUELANS FIGHTING U.S. IMPERIALISM ‘GANGS, GOONS, AND GUERRILLAS’
The Financial Times published an article last week that warned about the inherent risks inside Venezuela if President Donald Trump really wants to “run” the country and called Venezuelans who stand up to American imperialism “gangs, goons, and guerrillas” in a headline.
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SPOTLIGHT: BIGS GETTING BIGGER
Mergers and acquisitions involving Swiss companies have reached their highest number since 2018 and Swiss businesses have taken part in deals worth $163 billion so far this year, the Financial Times reported.
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SPOTLIGHT: EV GO FU
s we have greatly detailed since the EV evolution began, U.S. carmakers wasted tens of billions of dollars by misjudging the domestic market for EVs.
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CHINA’S DOMESTIC ECONOMY SLUMPS IN NOVEMBER
Last month, the growth in China’s factory output slowed to its weakest pace since September 2024 and retail sales were their most sluggish in the three years since Beijing ended the country’s rolling anti-COVID lockdowns, according to the National Bureau of Statistics.
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CHINA’S EXPORTS TO SOUTHEAST ASIA GROW BY 25 PERCENT
As Donald Trump’s trade war slashes China’s trade with the U.S., the world’s second-largest economy has added about 25 percent to its trade volume with the rest of Southeast Asia, the Financial Times reported.
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GERMANY WILL ONLY RECOVER SLOWLY FROM RECESSION, BANK FORECASTS
Germany’s economy will need much of 2026 to emerge from its multiyear recession, the country’s central bank has said, frustrating hopes for a quick growth spurt sparked by Chancellor Friedrich Merz’s €1-trillion-plus spending splurge on infrastructure repair and military readiness.
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EUROZONE FACTORY OUTPUT RISES, STRENGTHENING SIGNS OF RECOVERY
In October, industrial production across the 20-country Eurozone grew 0.8 percent from September, which had shown a 0.2-percent gain, the European Union’s statistics agency reported on 15 December.