Morning Digest | Inflation spikes again in November to 4.91%, Bombay HC seeks Centre’s response on plea against photo in PM CARES website, and more
The Hindu
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European Foreign Ministers slapped sanctions on Russian mercenary outfit Wagner on Monday and drew up what they warned would be an unprecedented economic response to any military assault on Ukraine.
Following a meeting of G7 Ministers in Liverpool at the weekend, where the U.S. and major allies warned the Kremlin of “massive” consequences if it invades, the 27 EU Ministers met on Monday in Brussels.

After announcing a naval blockade and seizing two oil tankers, the Donald Trump administration has now ordered U.S. military forces to focus on enforcing a ‘quarantine’ of Venezuelan oil for at least the next two months, amping up economic pressure on Caracas. This could worsen the already weak Venezuelan economy. But how did a petrostate with the most proven resources end up with a strained economy in the first place?












