Expect a 'mild recession' in 2023: Citi economists

Associated Press
Fred Harris, former US senator from Oklahoma and presidential hopeful, dies at 94
Fred Harris, a former U.S. senator from Oklahoma, presidential hopeful and populist who championed Democratic Party reforms in the turbulent 1960s, died Saturday. Harris’ wife, Margaret Elliston, confirmed his death to The Associated Press. Harris served eight years in the Senate, first winning in 1964 to fill a vacancy, and made unsuccessful bid for the presidency in 1976.
AFP
Australia ditches plans to fine tech giants for misinformation
Australia has ditched plans to fine social media companies if they fail to stem the spread of misinformation, the country's communications minister said Sunday. Social media companies could be fined more than US$30 million if they fail to keep children off their platforms, under separate laws tabled before Australia's parliament on Thursday. sft/fox
Politico
Climate deal: ‘It isn’t nearly enough, but it’s a start’
Developing nations got a promise of at least $300 billion in climate finance from rich countries such as the U.S. and the EU’s members. They wanted far more.
CNN
Venezuelan security forces have surrounded the Argentine embassy, opposition leaders say
Six members of the opposition are taking refuge in the embassy, having fled there to escape a crackdown by Venezuelan authorities in the run-up to July’s presidential elections.
AFP
Developing nations slam 'paltry' $300 bn climate deal
The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low.The final deal commits developed nations to pay at least $300 billion a year by 2035 to help developing countries green their economies and prepare for worse disasters.
NBC News
Republican senator blocks promotion of general involved in Afghanistan withdrawal
A Republican senator has blocked the promotion of a general who oversaw troops in Kabul during the U.S. withdrawal from Afghanistan, according to a Senate aide.
NBC News
General's promotion blocked in first sign of Trump retaliation for Afghanistan pullout
A GOP senator has blocked the promotion of a general who oversaw troops in Kabul in the first sign of Trump retaliating against officers involved in the U.S. withdrawal from Afghanistan.
Associated Press
Japan will hold Sado mines memorial despite South Korean boycott amid lingering historical tensions
Japan will go ahead with a memorial ceremony on Sunday near the Sado Island Gold Mines, despite South Korea’s last-minute boycott of the event that highlighted tensions between the neighbors over the issue of Korean forced laborers at the site before and during World War II. The Sado mines were listed in July as a UNESCO World Heritage site after Japan moved past years of disputes with South Korea and reluctantly acknowledged the mines’ dark history, promising to hold an annual memorial service for all victims, including hundreds of Koreans who were mobilized to work in the mines. On Saturday, South Korea announced it would not attend the event, saying it was impossible to settle unspecified disagreements between the two governments in time.
CNN
World agrees to climate deal on financial aid for developing countries after summit nearly implodes
Wealthy countries pledged to provide $300 billion a year by 2035 to poorer countries to help them cope with the increasingly catastrophic impacts of the climate crisis — a figure many developing countries criticized as vastly insufficient.
NBC News
Dartmouth sorority, 2 fraternity members charged in death of student found in river
A Dartmouth College sorority and two members of a fraternity were charged in connection with the drowning death of Won Jang, whose body was found over the summer in the Connecticut River following an off-campus party, police said.
AFP
Trump's top team: firebrands and stalwarts
US President-elect Donald Trump is handing top roles in his future administration to a mix of loyalists, provocateurs and a few relatively conventional figures.McMahon is a major Trump donor and led the Small Business Administration during his first term.
AFP
World reaches $300 bn climate finance deal at COP29
The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low.The final deal commits developed nations to pay at least $300 billion a year by 2035 to help developed countries green their economies and prepare for worse disasters.
Associated Press
Here's what to know about the new funding deal that countries agreed to at UN climate talks
In the wee hours Sunday at the United Nations climate talks, countries from around the world reached an agreement on how rich countries can cough up the funds to support poor countries in the face of climate change. World Resources Institute president and CEO Ani Dasgupta called it “an important down payment toward a safer, more equitable future,” but added that the poorest and most vulnerable nations are “rightfully disappointed that wealthier countries didn’t put more money on the table when billions of people’s lives are at stake.” Here's how they got there: What was the finance deal agreed at climate talks?
NBC News
Hyundai announce recall of more than 42,000 vehicles due to wiring issue that can cause them to roll
Hyundai Motor North America announced it will recall more than 42,000 vehicles due to a wiring issue that can cause the automobiles to roll away, according to a notice issued by the National Highway Traffic Safety Administration (NHTSA) on Wednesday.
CNN
National security officials meet with US telecom execs to share intel on Chinese cyber-espionage campaign, White House says
Top telecom executives met with US national security officials at the White House on Friday as concerns mount over a long-running Chinese cyber-espionage campaign that has targeted some of the most senior US political figures in the country.
USA TODAY
51 men were charged with raping her: Gisele Pelicot gives closing statement in shocking French trial
Gisele Pelicot, whose husband Dominique Pelicot and 50 other men are on trial for raping her, gave her final courtroom statement in the shocking case.
Politico
After a Friday night flurry, Trump’s Cabinet is complete
The president-elect, armed with hindsight and empowered by his party, is choosing anti-establishment loyalists for top positions in rapid succession.
CNN
Trump names Brooke Rollins as his pick for Agriculture secretary
President-elect Donald Trump on Saturday announced one of his former policy advisers, Brooke Rollins, as his pick for secretary of the Department of Agriculture.
Politico
Climate summit approves divisive $300B deal
The pledged financing from the U.S., EU and other wealthy governments includes hopes for private money — and a Trump-sized asterisk.
Associated Press
What to know about Brooke Rollins, Trump's pick for agriculture secretary
President-elect Donald Trump has selected former White House aide Brooke Rollins to lead the Department of Agriculture in his second administration. Here are some things to know about Trump’s choice and the agency that Rollins would lead if she is confirmed by the Senate.

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