World News in Brief: December 3

Tuesday, 2019-12-03 14:48:10
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The Asian Development Bank (ADB) said on Tuesday (December 3) that it has approved a US$400 million policy-based loan to support the Philippine government's efforts to reduce the number of out-of-school and unemployed young Filipinos that impedes more inclusive growth in the country.

* Chinese President Xi Jinping had a video call with his Russian counterpart Vladimir Putin Monday (December 2) afternoon, as the two heads of state jointly witnessed the launching ceremony of the China-Russia east-route natural gas pipeline.

* Republic of Korea's chief negotiator left for Washington early Monday to discuss how much of upkeep cost RoK would share for US Forces Korea (USFK) stationed in Seoul, according to Yonhap news agency.

* Russia must further develop its modern and high-tech navy and keep equipping it with latest generation weapons, President Vladimir Putin said Monday.

* German government spokesman Steffen Seibert said Monday that "re-negotiation of the coalition agreement is not on the agenda" and Chancellor Angela Merkel (CDU) was willing to cooperate with the new Social Democratic Party (SPD) leadership "as is usual in a coalition."

* Brazilian financial market analysts upgraded their 2020 economic growth forecast to 2.22 percent for the fourth week in a row, the Central Bank of Brazil said Monday.

* Chile's economic activity in October fell 3.4 percent year-on-year, registering the largest decrease since the 2008 global financial crisis, the Central Bank of Chile said on Monday.

* Finnish Prime Minister Antti Rinne found himself in a dilemma over whether to resign or to face a non-confidence vote, as one of the coalition partners decided not to back him on Monday. The Finnish Center Party withdrew its backing for Rinne, who is also leader of the Social Democratic Party, but pledged its continued support for government programs.

* The White House on Monday announced an upcoming visit by Greek Prime Minister Kyriakos Mitsotakis, with regional security topping the agenda.

* The United States is catching up on its UN dues arrears, having recently paid US$563 million to finish off what it owed on last year's bill and a partial payment for this year, a UN spokesman said on Monday.

* Foreign Ministers of Visegrad Group (V4) countries, namely the Czech Republic, Slovakia, Hungary, and Poland on Monday blamed the slow process of the European Union enlargement at a meeting held in Prague.

* The secretary of Iran's Supreme National Security Council said on Monday that only regional convergence would guarantee "sustainable" security of the region.

* An indictment charging Israeli Prime Minister Benjamin Netanyahu with corruption was officially submitted on Monday. Israeli Attorney General Avihai Mendelblit publicly released the indictment, allowing a period of 30 days during which the long-time leader may request the parliament to grant him immunity from standing trial.

* Heavy clashes erupted Monday in south of the Libyan capital Tripoli between forces of the UN-backed government and the eastern-based army, causing civilian and military casualties.

* Uruguay's president-elect Luis Lacalle Pou said Monday he will withdraw his country from Montevideo Mechanism - a Uruguayan-led initiative to promote political dialogue and conciliation in crisis-hit Venezuela.

* Ukrainian patrol boat Pryluky and French naval ship Commandant Birot took part in the PASSEX drills in the Black Sea, the Ukrainian Navy's press service said Monday.