IMF board approves $900 million for Ukraine as Zelenskyy visits The IMF executive board on Monday (11 December) approved a $900 million disbursement for Ukraine from its $15.6 billion loan program, hours before IMF chief Kristalina Georgieva met with Ukrainian President Volodymyr Zelenskyy. At COP28, is Europe’s guiding light actually blinding? The European Union held a day of transport side-events at COP28 on 6 December. However, the gap between Europe’s regulatory approach and that of other nations raises questions as to what lessons can be gleaned from the EU example. Cruise missile from Yemen strikes tanker ship An anti-ship cruise missile launched from Houthi-controlled Yemen struck a commercial tanker vessel, causing a fire and damage but no casualties, the US military said in a statement on Tuesday (12 December). Draft COP28 text ‘insufficient’ and ‘unacceptable’, EU says The Emirati head of COP28 climate talks on Monday (11 December) stopped short of pushing for a phase-out of fossil fuels, in a first bid for consensus that drew immediate fire from Western powers who had hoped for a historic turning point. German opposition wants to fortify alliance with Poland, France In today’s edition of the Capitals, find out more about Bulgaria waiving the Russian gas transit tax in hopes of joing Schengen, Germany's opposition CDU party wanting to boost the Weimar Triangle, and so much more.
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