Stories in this section cover various issues and stories from all around the world.
Mongolia and the United States of America have agreed to establish direct air travel routes.
Meeting in Washington DC on Tuesday (24 January), Deputy Assistant Secretary of the U.S. Department of State’s Bureau of Economic and Business Affairs Richard T. Yoneoka, and Mongolian State Secretary of the Ministry of Road and Transport Development Batbold Sandagdorj, signed a Memorandum of Consultations finalising the first ever bilateral air transport agreement between the two countries.
Russian Deputy Prime Minister Alexander Novak stated on Sunday that Moscow will not adhere to the price cap of $60 per barrel imposed by the G7 on the sale of Russian oil to non-EU countries, and will reduce production in order to make up for lost exports.
Novak also argued that the price cap mechanism contravenes World Trade Organization rules, would cause a decrease in energy investment, and could potentially lead to worldwide shortages and further market disruption.
The United States on Tuesday (29 November) announced an additional humanitarian aid package worth $53 million (about €51 million) to repair Ukraine's power grid and to purchase new power grid equipment for Ukraine. This news was announced by the US Department of State in a statement.
“This equipment will be rapidly delivered to Ukraine on an emergency basis to help Ukrainians persevere through the winter. This supply package will include distribution transformers, circuit breakers, surge arresters, disconnectors, vehicles and other key equipment”, the statement reads.