World News in Brief: November 12

Ratu Naiqama Lalabalavu was sworn in as the seventh president of the Republic of Fiji at the State House in Suva, the national capital, on Tuesday. Lalabalavu, the former speaker of parliament, was elected after getting 37 votes at the end of October.
Countries at the two-week COP29 climate summit gave the go-ahead on Monday to carbon credit quality standards which are critical to launching a U.N.-backed global carbon market that would fund projects that reduce greenhouse gas emissions.
Countries at the two-week COP29 climate summit gave the go-ahead on Monday to carbon credit quality standards which are critical to launching a U.N.-backed global carbon market that would fund projects that reduce greenhouse gas emissions.

* Alix Didier Fils-Aime was sworn in as Haiti's prime minister on Monday local time, The Haitian Times reported. In a speech at the inauguration ceremony, Fils-Aime vowed to "provide a comprehensive response to insecurity" and "organize uncontested elections."

* The Alliance of Change, the opposition coalition led by former Mauritian Prime Minister Navinchandra Ramgoolam, won Sunday's parliamentary election in the island country.

* Hungarian Finance Minister Mihaly Varga submitted the government's 2025 budget proposal to Parliament on Monday, branding it "the peacetime budget." The draft aims to counter recessionary pressures and support growth.

* Bulgaria's newly-elected National Assembly held its first session on Monday amid internal disputes and public protests. It failed to elect a chairperson despite a constitutional requirement to do so at the first session since being elected at the end of October.

* The Democratic People's Republic of Korea (DPRK) has ratified the Treaty on Comprehensive Strategic Partnership between the DPRK and Russia under a decree of the president of the State Affairs of the DPRK, the official Korean Central News Agency (KCNA) reported on Tuesday.

* Indonesian President Prabowo Subianto congratulated Donald Trump on his election victory in a phone call after landing in Washington on an official visit that includes a meeting with President Joe Biden on Tuesday.

* South Korean President Yoon Suk Yeol will visit Peru and Brazil on Nov. 14-21 to attend the Asia-Pacific Economic Cooperation (APEC) and Group of 20 summits, his office said on Tuesday.

* China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic growth and high-quality development, according to Pan Gongsheng, governor of the People's Bank of China, the central bank.

* Japanese Prime Minister Ishiba Shigeru has unveiled a plan to introduce a new framework for providing over 10 trillion yen (about 65 billion USD) in public support over the coming years to bolster AI and semiconductor industries through 2030, local media reported.

* Russia will not tolerate the permanent presence of non-Black Sea naval forces in the region, said Nikolai Patrushev, an aide to Russian President Vladimir Putin and chair of the Maritime Collegium, on Monday.

* Russia and Africa are set to establish a dialogue centered on security, according to a joint statement published Monday following a Russian-African forum.

* The Netherlands will impose controls on its land borders, all of which are with fellow countries in the EU's Schengen border-free zone, and some flights from within the Schengen zone from Dec. 9, the Migration Ministry said in a statement on Friday.

* Mexico's Economy Minister Marcelo Ebrard suggested on Monday that the Mexican government could retaliate with its own tariffs on U.S. imports if the incoming Trump administration slaps tariffs on Mexican exports.

* Spanish Prime Minister Pedro Sanchez announced on Monday a second aid package for those affected by the devastating flash floods that struck the Valencia region on Oct. 29.

* A resolution passed at an Extraordinary Arab and Islamic Summit in Riyadh on Monday warned of the escalating conflict in the Middle East and its potential regional and global consequences.

* Israel said on Monday it had met most demands by the United States to improve humanitarian conditions in Gaza but was still discussing some items as a deadline looms to improve the situation or face potential restrictions on U.S. military aid.

* Iranian Parliament Speaker Mohammad Baqer Qalibaf and his Lebanese counterpart Nabih Berri on Monday discussed the latest developments in Lebanon, Iran's official news agency IRNA reported.

* Four Israeli soldiers were killed in combat in the northern Gaza Strip, the military said on Tuesday.

* An Israeli airstrike killed seven people late Monday at a café near the southern Gaza city of Khan Younis, Palestinian medics said, bringing the death toll from Israeli strikes since Sunday night to at least 37.

* Israel's Defense Minister, Israel Katz, said on X on Tuesday that during a meeting with military officials, he reiterated that Israel will continue hitting Hezbollah with full force and that there will be no ceasefire.

* The United Nations Security Council is discussing a British-drafted resolution that demands Sudan's warring parties cease hostilities and calls on them to allow safe, rapid and unhindered deliveries of aid across front lines and borders.

* Russian gas producer Gazprom GAZP.MM said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Tuesday, compared with 42.3 mcm on Monday.

* South Korea's state-run think tank on Tuesday revised down the Asian economy's growth outlook for this year by 0.3 percentage points. Real gross domestic product (GDP), adjusted for inflation, was forecast to expand 2.2 percent in 2024, according to the Korea Development Institute (KDI).

* The foreign direct investment (FDI) into the Philippines fell by 14.5 percent year over year in August to reach 813 million USD, the Philippine central bank said Monday.

* More than a 25% of US Gulf of Mexico oil and 13% of natural gas output remained offline in the aftermath of post-tropical cyclone Rafael, the U.S. offshore energy regulator reported on Monday.

* The International Monetary Fund said on Monday that it reached a staff-level agreement for the fourth review of Zambia's loan program that would release about $185.5 million to Lusaka upon approval by the IMF's management and its executive board.

VNA/Xinhua/Reuters