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Members of the World Trade Organization have agreed on a provisional 2020 budget and delayed their decision on a budget for 2021, Bloomberg reported Dec. 5. The spending plans reportedly include many of the U.S. key demands on funding.
Bilateral relations with the United States shouldn't affect a country's decision to introduce a tax on digital services, Italian Prime Minister Giuseppe Conte said Dec. 4, adding that a decision to impose such a tax was within a country's sovereign rights, Reuters reported.
Algeria state-owned energy firm Sonatrach will block French supermajor Total's acquisition of Anadarko Petroleum's assets in Algeria through Occidental Petroleum, according to the country's energy minister, Reuters reported Dec. 4.
With an increasingly cash-strapped and hungry citizenry, the survival of Zimbabwe's current government will hinge heavily on keeping its security forces paid and happy. Though doing so will be no easy feat given the country's depleted reserves.
The Workers' Party of Korea will hold a plenary meeting at the end of December to decide on crucial issues in domestic and international policy, The Korea Herald reported Dec. 4, citing a report in state-run KCNA.
Russian President Vladimir Putin and Belarusian President Aleksandr Lukashenko will meet in Sochi on Dec. 7 to discuss a roadmap for bilateral integration, Belarusian News Agency reported Dec. 3 citing a statement from Kremlin spokesman Dmitry Peskov.
Regardless of how many more rounds of elections and caretaker governments Israel might endure in 2020, its military will continue to take strident action against security threats posed by Iran and its nuclear program.
Moody's Investors Service upgraded its credit rating outlook for Pakistan from negative to stable on Dec. 2, while maintaining its B3 rating, saying it expects an improvement in the country's balance of payments situation.