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China increases coal consumption despite declining production, causing prices to rise, according to Reuters.
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The White House has launched a dedicated page to identify "fake news" sources, which is being continuously updated.
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North Korean leader Kim Jong Un declares that the country's air force will obtain new strategic assets, and a "new important mission" will be assigned to the North Korean military.
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Venezuela condemned President Trump's statement on closing the country's airspace. Cuba accused the U.S. of generating electromagnetic interference over Venezuela. Iran described Trump's decision as arbitrary and an unprecedented threat to international aviation security. Trump reportedly indicated to Maduro that forceful measures could be considered if he does not step down, according to WAPO.
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Increasing numbers of U.S. and European politicians are recognizing that the EU’s approach may be hampering peace efforts, The Times reports. Ukrainian President Zelensky faces multiple challenges, including potential U.S. pressure, a corruption scandal, calls for government resignations, and ongoing Russian missile strikes, according to The Washington Post. The Wall Street Journal states Witkoff advised Ukraine to seek tariff deferrals from the U.S. rather than requesting Tomahawk missile assistance.
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The European Union is expected to decide on the fate of Russian assets by Dec. 18, as EU countries prepare measures to shield Ukraine from potential financial disruptions if the conflict continues, French Foreign Minister said in an interview with La Tribune Dimanche. Handelsblatt reported earlier that the EU aims to resolve issues related to frozen Russian assets by Dec. 19, with CDU leader Friedrich Merz calling for a prompt resolution.
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