Markets have reacted positively to President-elect Donald Trump selecting Scott Bessent as his pick for U.S. Treasury secretary. Three people have been arrested in the UAE in connection with the alleged murder of an Israeli citizen. Countries at the COP29 summit in Baku adopted a $300 billion a year global finance target to help poorer nations cope with impacts of climate change but the deal has been described as “woefully insufficient” by its intended recipients. Australia’s push to ban social media for teenagers is facing a critical week as it looks to introduce some of the toughest controls imposed by any country to date.
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