News Headlines-
1.Australia will join the United States in a diplomatic boycott of the Winter Olympic Games in Beijing, Prime Minister Scott Morrison said on Wednesday, as other allies weighed similar moves to protest China’s human rights record.The United States on Monday said its government officials will boycott the Beijing Olympics because of China’s human rights “atrocities”.-theindianexpress.com
2.Named 'The World’s Most Powerful Woman' by Forbes magazine for the past 10 years in a row,Angela Merkel was assured of a place in the history books as soon as she became Germany’s first female chancellor on November 22, 2005.Over the next 16 years, she was credited with raising Germany’s profile and influence, working to hold a fractious European Union together.-theindianexpress.com
3.For the first time in 15 years, India has surpassed Brazil in food kexports to the League of Arab States. According to the data by the Arab-Brazil Chamber of Commerce, Brazil accounted for 8.15% of the total agribusiness products imported by the 22 League members last year whereas India captured 8.25% of that trade in the same duration.-livemint.com
4.The United States will have to “pay a price” for its diplomatic boycott of the Winter Olympics in Beijing, China said on Tuesday, just weeks after talks aimed at easing tense relations between the two sides.-theindianexpress.com
5.From January 2022, United Arab Emirates to switch weekends.-The United Arab Emirates said on Tuesday its official workweek will move to Monday to Friday, a major change that brings the Islamic nation that is home to major financial institutions in line with Western schedules.-thehindu.com
6.The World Health Organisation (WHO) has laid to rest apprehensions about the efficacy of existing vaccines against the new strain. A top WHO official told the AFP news agency on Tuesday there is no reason to assume that Omicron is more severe than the variants which came before, or that existing vaccines will fail against it.-hindustantimes.com
7.The Samyukt Kisan Morcha, which has been spearheading the farmer protests at the borders of Delhi for more than a year now, said Tuesday it had received a written proposal from the government which was discussed at a meeting of 32 farm unions at the Singhu border protest site.-theindianexpress.com
8.Reserve Bank of India (RBI) Governor Shaktikanta Das on December 8 announced that the central bank has decided to keep key rates unchanged - repo rate remains at 4 percent and the stance remains accomodative. Amid global scare due to new coronavirus variant Omicron, the RBI was expected to maintain status quo in its upcoming monetary policy.-moneycontrol.com
9.Omicron: Maharashtra has highest new covid variant cases.-The Omicron variant of the coronavirus is spreading fast in India as well as the world. On Monday, two fully vaccinated persons who returned from abroad last month have tested positive for the new Omicron strain of coronavirus in Mumbai. With this, India’s tally reached 23.-livemint.com
10.The Fern Hotels & Resorts, an India-based environmentally sensitive hotel chain, has tied up with Magenta, the fastest growing Indian Charge Point Operator (CPO) company, to install Electric Vehicle Charging Stations (EVCS) across all its properties in the country.-hotelierindia.com
11.Under the various emergency credit line guarantee schemes (ECLGS) schemes announced by the government so far, financial institutions have disbursed close to INR 13,766 crore to the travel, tourism and hospitality sector in the country.-ethospitalityworld.com
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