Global Headlines | World News Roundup – 28 November 2025

Top global news on 28 Nov 2025: US–Russia tensions, Hong Kong fire, Alaska quake, Cyclone Ditwah, GDP surge, cabinet moves & sports highlights.
Global Headlines | World News Roundup – 28 November 2025

Global Instability: A Day of Converging Crises—$2 Trillion Frozen, Climate Threshold Breached, and Geopolitical Escalation

November 28, 2025

The global operating environment on November 28, 2025, was characterized by a dangerous convergence of kinetic escalation, financial infrastructure fragility, and a demonstrable failure in global environmental governance. Across continents, markets navigated technical failures and light holiday volumes, while major geopolitical and public health strategies faced systemic disruptions and controversy.


SECTION I: FINANCIAL INFRASTRUCTURE SHOCK AND MARKET VOLATILITY

A. CME Outage Freezes Over $2 Trillion in Crypto-Linked Futures

The most disruptive moment for institutional crypto markets this year occurred when the CME Group, one of the world’s most important derivatives exchanges, halted trading across all markets. This stoppage was caused by a cooling malfunction at its CyrusOne data centers.

The incident instantly froze over $2 trillion in crypto-linked futures in open interest, disrupting contracts that institutions rely on for hedging and price discovery.

  • Impact on Derivatives: The interruption hit every futures and options contract on the Globex electronic platform, including Bitcoin (BTC) and Ethereum (ETH) futures, which stopped printing fresh prices. BTC futures open interest regularly exceeds $6–10 billion, and ETH futures open interest often sits between $1.5–3 billion. For institutions that rely on CME products for regulated exposure, the freeze meant no ability to roll positions, hedge intraday risk, or adjust basis trades. Options were also frozen, interrupting market-making activity tied to implied volatility curves.
  • Arbitrage and Automation Breakdown: Arbitrageurs operating between CME and offshore markets were caught unawares. Frozen CME prices meant spread models were broken, turning delta-neutral trades directional without warning. Derivatives desks reported manually shutting off automated trading systems to prevent exposing themselves to mispricing.
  • Volatility Surge and Fragmentation: As traders scrambled for alternative liquidity, offshore platforms like Binance, OKX, and Bybit saw sharp increases in order flow within 20 minutes of the CME stall. Spreads widened, signaling stress placed on crypto markets when a major price reference suddenly disappears. Within 30 minutes, Bitcoin’s spot price briefly whipsawed as liquidity routed offshore, illustrating how dependent the crypto ecosystem has become on CME’s institutional rails. BTC volatility jumped about 7% on major exchanges, and ETH order books showed temporary dislocations in mid-price quotes.
  • Systemic Risk: This failure, caused by a localized physical infrastructure problem—a cooling failure—rather than a software bug or cyberattack, underscores that the most immediate threat to highly centralized financial markets is tied to mundane maintenance and physical redundancy. CME Group fell 0.7% in early trading following the news.

B. Global Equities and Commodity Flows

Global markets traded mixed on light holiday volume, influenced by the U.S. Thanksgiving holiday and the shortened trading session on Wall Street.

1. U.S. Equity Performance

U.S. stocks opened with small gains on the final trading day of November.

  • The S&P 500 rose 0.2% to 0.3%. The S&P 500 was trying to avoid its first monthly loss since April.
  • The Dow Jones Industrial Average rose 66 points to 124 points. The Dow was up almost 3% week to date.
  • The Nasdaq Composite gained 0.4%. However, the Nasdaq remained down nearly 2% for November, ending a seven-month winning streak, as investors questioned the profitability timelines for major AI companies.
  • Notable stock movements included Coinbase Global adding 2.2% as Bitcoin rose above US$92,000. Google parent Alphabet rose 1.8%, and Micron Technology added 2.1%. Airline stocks, including Alaska Air, United Airlines, and JetBlue Airways, outperformed, supported by projections of the busiest Thanksgiving travel weekend in 15 years.

2. Overseas and European Markets

Overseas markets showed broad consolidation.

  • Asia-Pacific markets delivered mixed results. Japan’s Nikkei 225 closed 0.2% higher, reinforced by strong monthly performance and benefiting from steady inflows into export-heavy sectors. South Korea’s Kospi dropped 1.5% amid renewed pressure on large-cap technology companies and a 4% fall in industrial production. Hong Kong and mainland China markets posted small declines.
  • European Equities saw a slight pullback, reflecting mild consolidation after a strong rally. Germany’s DAX, Britain’s FTSE 100, and France’s CAC 40 each rose about 0.2% in early trading. This positive monthly performance was fueled by growing confidence that major central banks may be starting a global interest rate-easing cycle.

3. Commodity Market Movements

Commodity markets reflected policy influence and logistical pressures.

  • Precious Metals: Silver futures surged by ₹1,093 or 0.67% to trade at ₹1,63,560 per kilogram on the Multi-Commodity Exchange (MCX). This rally, along with gold, was driven by firm global trends and growing expectations that the US Federal Reserve will deliver a rate cut next month.
  • Energy: Crude oil prices jumped in futures trade. On the MCX, crude oil for December delivery traded higher by ₹7 or 0.13% at ₹5,297 per barrel. Globally, West Texas Intermediate crude traded 0.73% higher at $59.08 per barrel, while Brent crude slipped to $62.70–$63.57 per barrel.
  • Industrial Metals: Prices for industrial metals rose. Copper futures advanced 0.28% to ₹1,023.55 per kilogram due to higher spot demand. Zinc prices rose by ₹1.80 to ₹300.90 per kilogram. Aluminium prices increased by ₹1.25 to ₹271.70 per kilogram.
  • Agricultural Grains: Grains showed "some momentum". March corn was up 1¾¢ at $4.47 per bushel, and January soybeans were up 2¢ at $11.33½ per bushel. This momentum was linked to logistical issues expected from an impending snow storm, the sale of soybeans, and firm ethanol plant margins.

SECTION II: GEOPOLITICAL ESCALATION AND DIPLOMATIC FRONTS

A. US Policy: Venezuelan Intervention and Immigration Crackdown

Geopolitical tension in the Western Hemisphere reached an inflection point with statements from President Donald Trump.

  • Venezuela Intervention: Following airstrikes, President Trump announced that U.S. "land action" against Venezuelan drug networks is coming "soon". This expanded kinetic deployment is being weighed under the auspices of counter-narcotics operations.
  • Immigration Clampdown: This assertive foreign policy coincided with an intensified focus on domestic security following the shooting of two US National Guard soldiers near the White House on Wednesday. Specialist Sarah Beckstrom, 20, died of her injuries. The alleged shooter, 29-year-old Afghan national Rahmanullah Lakanwal, is in custody and is being investigated by the FBI on an "act of terrorism" charge.
  • Policy Shift: This incident directly fueled the administration's intent, stated in a Thanksgiving pledge on Truth Social, that the U.S. will "permanently pause migration from all Third World Countries". This move also included ordering a full reexamination of all Green Cards, with new USCIS vetting rules enforcing stricter scrutiny of immigrants, especially from 19 "high-risk countries". UN officials have urged the U.S. to keep asylum processes open.

B. China’s Diplomacy and Strategic Stances

China’s Foreign Ministry Spokesperson, Mao Ning, held a regular press conference, addressing major diplomatic issues.

  • China-Russia Security Consultation: Wang Yi, Director of the Office of the Central Commission for Foreign Affairs, will travel to Russia from December 1 to 2 for the 20th round of China-Russia strategic security consultation. The aim is to implement common understandings reached between the two countries’ presidents, discuss international and regional issues, and strengthen communication on strategic security interests.
  • Opposition to Venezuela Sanctions: Mao Ning explicitly stated that China opposes unilateral sanctions that have no basis in international law or UN Security Council authorization, and opposes the interference of external forces in Venezuela’s internal affairs under any pretext. China called on the U.S. to lift the "illicit unilateral sanctions".
  • Taiwan and the San Francisco Treaty: The spokesperson reaffirmed China's consistent position that the 1951 "Treaty of San Francisco" is "entirely illegal and null and void" because it was issued without the participation of the People’s Republic of China or the Soviet Union. China has never accepted the treaty. China also criticized Japan’s Prime Minister Sanae Takaichi’s "erroneous remarks" on Taiwan, calling them interference in China’s internal affairs that endanger peace and stability in the Taiwan Strait.
  • Space Race: Responding to U.S. President Trump’s claims of the U.S. being ahead in the space race, Mao Ning stated that China is committed to the peaceful use of outer space, opposes any arms race or weaponization of space, and has no intention to engage in a space race with any country.
  • Xi Jinping Thought on Diplomacy: The 2025 Edition of the Study Outline on Xi Jinping Thought on Diplomacy was published, systematically elaborating on the theoretical quintessence and rich practice of China’s diplomacy, serving as an authoritative guide. Guided by this thought, China’s diplomacy advocates for an equal and orderly multipolar world and universally beneficial and inclusive economic globalization.

SECTION III: AFRICAN INSTABILITY AND REGIONAL DIPLOMACY

A. Guinea-Bissau Military Takeover

Guinea-Bissau was immersed in political chaos following a military takeover days after closely contested presidential elections.

  • Coup and Appointment: Soldiers seized power on Wednesday, November 26, 2025. On Friday, the new military leader, Gen. Horta Inta-a, appointed Finance Minister Ilídio Vieira Té as prime minister. Vieira Té is a close ally and campaign director of the deposed President Umaro Sissoco Embaló.
  • Contested Coup Narrative: The opposition claimed the coup was "fabricated" by deposed President Embaló to avoid an election defeat, asserting the takeover was manufactured to disrupt election results.
  • Aftermath: Calm returned to the capital, Bissau, after the High Military Command lifted the curfew. The deposed President Embaló arrived in neighboring Senegal on Thursday via a Senegalese-chartered flight.
  • International Response: The West African regional bloc ECOWAS suspended Guinea-Bissau from its decision-making bodies until the restoration of full constitutional order. ECOWAS reserves the right to use all options, including sanctions, and is sending a mediation team led by its chair. The country’s persistent instability is structurally linked to its role as a hub for drug trafficking between Latin America and Europe, which experts say fuels its political crises.

B. Somalia’s Strategic Pivot to Ethiopia

A significant diplomatic shift is unfolding between Somalia and Ethiopia, reversing three decades of strained and often contentious relations since 1991.

  • Key Departures: The diplomatic pivot is evidenced by Somali President Hassan Sheik’s participation in the official inauguration ceremony of the Great Ethiopian Renaissance Dam (GERD) project in September 2025.
  • Positive Endorsement: In an October 2025 interview, the Somali President commended the GERD as a developmental model for regional economic cooperation. Critically, he also affirmatively endorsed Ethiopia’s quest for Red Sea access as a legitimate cause that needs to be addressed.
  • Strategic Context: Ethiopia’s foreign policy is guided by its "Two Waters" strategy, addressing dual national security concerns regarding equitable Nile utilization (GERD) and secure maritime access (Red Sea). Somalia, by supporting Ethiopia on these concerns, enhances its diplomatic credibility and can act as a bridge-builder, potentially neutralizing pressure from belligerent countries. This pivot marks a shift from traditional lack of trust to a new approach of mutual trust and cooperation.

SECTION IV: CLIMATE, HEALTH, AND PUBLIC TRUST CRISES

A. Climate Emergency Confirmed: 1.42°C Anomaly

The World Meteorological Organization (WMO) released its State of the Global Climate Update for COP30 (Conference of the Parties in Belém, Brazil).

  • Record Heat: The report confirms that the past 11 years (2015-2025) are set to be the warmest on record.
  • Critical Threshold: The global mean temperature for January-August 2025 reached $1.42 ^{\circ}\text{C} \pm 0.12 ^{\circ}\text{C}$ above pre-industrial levels. This alarming figure places the world critically close to breaching the $1.5 ^{\circ}\text{C}$ limit of the Paris Agreement.
  • Other Indicators: Concentrations of heat-trapping greenhouse gases and ocean heat content continued to rise in 2025. Arctic sea ice extent after the winter freeze was the lowest on record.
  • Consequences: Extreme weather events through August 2025—including devastating rainfall, flooding, brutal heat, and wildfires—had cascading impacts on lives, livelihoods, and food systems, contributing to displacement. The European Commission formally acknowledged that COP30 fundamentally "fell short of expectations," particularly regarding a mandatory phaseout of fossil fuels, confirming a governance crisis.

B. Global Health Shifts and Controversies

Global health efforts were marked by new guidelines and internal turmoil.

  • WHO Infertility Guideline: The World Health Organization (WHO) issued its first-ever global guideline for the prevention, diagnosis, and treatment of infertility. Infertility is estimated to affect 1 in 6 people of reproductive age worldwide, labeling it a major public health challenge and equity issue. The guideline promotes integrating fertility care into national health strategies and emphasizes psychosocial support. WHO noted that a single round of in vitro fertilization (IVF) can cost double the average annual household income in some settings, resulting in catastrophic financial expenditures.
  • PEPFAR Negotiations Exclusion: The global HIV response is being weakened by decisions this week. Advocacy partners report that community groups are being systematically excluded from negotiations for new five-year PEPFAR Memorandums of Understanding (MoUs) as part of the new U.S. government’s "America First" global health strategy. This is a direct reversal of the community engagement model that has defined the success of PEPFAR for decades.
  • Data Concerns: The new framework requires partner countries to share pathogens and patient data, potentially with U.S. commercial interests, without guaranteed assured access to resulting products or sufficient privacy safeguards. Sidelining communities threatens the effectiveness and legitimacy of the next phase of the HIV response.
  • Global Fund Shortfall: Donors pledged just over $11 billion at the Global Fund’s 8th Replenishment, which was well short of the $18 billion target needed to fully harness scientific advances against HIV, TB, and malaria. This shortfall threatens the speed, scale, and equity of the rollout of innovations like long-acting HIV prevention.
  • US Public Health Turmoil: Major disruptions continued at the US CDC and NIH. The CDC abruptly ordered an end to all non-human primate research, including critical macaque studies supporting HIV prevention science. Additionally, the US administration announced it will no longer commemorate World AIDS Day (December 1).

SECTION V: DOMESTIC AND REGIONAL INDIAN UPDATES

A. Weather and Air Quality

  • Cyclone Ditwah: Severe weather alerts are in effect across Tamil Nadu and Puducherry as Cyclone Ditwah approaches. Ditwah is set to bring extremely heavy rain to Tamil Nadu, Puducherry, and south Andhra Pradesh, with coastal districts bracing for landfall on November 30. Pune’s winter chill has eased, with days and nights becoming marginally warmer, as Cyclones Senyar and Ditwah disrupted cold northerly winds.
  • Pollution Crisis: Delhi’s air quality dipped to the ‘very poor’ category, with multiple stations logging above-400 AQI. The air quality is likely to remain 'very poor' over the coming week.

B. Political and Development News

  • Putin’s Visit: Russian President Vladimir Putin is scheduled to visit India on December 4-5, 2025, which offers an opportunity to review the "entire spectrum" of the "special and privileged strategic partnership" between the two countries.
  • Simultaneous Elections: The 23rd Law Commission is leaning toward the view that the proposed Bills for simultaneous elections to the Lok Sabha and State and Union Territory Assemblies do not disturb the basic structure of the Constitution and do not require ratification by states.
  • Supreme Court Suggestions: The Supreme Court suggested that an autonomous body "free from influence" oversee social media platforms to regulate online content, possibly using Aadhaar or Income Tax PAN to verify user age.
  • Ram Statue: PM Modi unveiled a 77ft-tall bronze Ram statue in South Goa and hailed the role of Karnataka’s Udupi region in the Ram Janmabhoomi movement.
  • Voter Revision (SIR): The Election Commission of India (ECI) is undertaking a Special Intensive Revision (SIR), a large-scale verification exercise involving house-to-house enumeration to clean the voter rolls. This work pressure is causing issues, with teachers on SIR duty leading to students in Noida & Greater Noida paying the price as classes are merged. In West Bengal, three senior EC officials are camping in Kolkata to oversee the SIR exercise.

Conclusion: Systemic Challenges Demand Systemic Solutions

The global snapshot of November 28, 2025, reveals that major global systems—from financial markets to climate governance and humanitarian aid—are being tested simultaneously. The fact that a cooling malfunction could freeze $2 trillion in global derivatives trading highlights that the most basic physical vulnerabilities pose immediate, high-impact risks to digital finance. Coupled with the accelerating climate crisis, evidenced by the WMO's alarming $1.42 ^{\circ}\text{C}$ temperature anomaly, and the shift toward exclusionary, politically driven health aid, the path forward demands radical systemic re-evaluation, rather than reliance on traditional policy levers.

This convergence of crises is like a vast, complex machine where a single, mundane failure—a cooling system breakdown in a data center, or a diplomatic breakdown in a region like Guinea-Bissau—can cascade into systemic instability, demonstrating how deeply interconnected and simultaneously fragile the world's most critical infrastructures have become.


Key Global Headlines

Top Stories

The most pressing developments today center on geopolitical shifts and humanitarian crises. In the U.S., Trump's immigration announcement has drawn UN calls to maintain asylum access, highlighting debates on security versus human rights. Meanwhile, the Hong Kong fire underscores urban safety risks in densely populated areas.

Regional Snapshots

  • Europe: Hungary's Viktor Orbán meets Putin in Moscow, defying EU allies, while UK-EU defense talks collapse.
  • Asia-Pacific: A Tokyo court upholds Japan's same-sex marriage ban, bucking local trends; China halts youth exchanges with Japan over Taiwan disputes.
  • Africa & Middle East: Ongoing coups and releases signal fragile stability, with Iran's women increasingly defying hijab mandates amid protests.

Comprehensive Overview of Global Events on November 28, 2025

As the world navigates a landscape marked by escalating geopolitical frictions, humanitarian emergencies, and policy pivots, November 28, 2025, emerges as a day of stark contrasts—from diplomatic overtures in the Middle East to crackdowns on dissent in multiple regions. This report synthesizes reporting from leading international outlets, providing a detailed examination of the day's most significant stories. Drawing on verified accounts, it covers major conflicts, political maneuvers, and societal shifts, while noting the interconnectedness of these events in an increasingly volatile global order.

United States: Immigration Policy Overhaul Amid Security Fears

The U.S. dominated headlines with President-elect Donald Trump's post-Thanksgiving declaration of a "permanent pause" on migration from "third world countries," framed as a response to national security threats. The announcement followed a tragic shooting in Washington, D.C., where 20-year-old National Guard member Sarah Beckstrom succumbed to injuries from an ambush near the White House; a second guardsman remains in critical condition. The suspect, an Afghan national, was detained with multiple electronic devices seized, prompting a broader review of green cards from 19 "countries of concern."

UN officials urged the U.S. to preserve asylum processes, warning of potential humanitarian fallout. Critics, including human rights advocates, decry the rhetoric as inflammatory, while supporters cite it as essential for border integrity. This move aligns with Trump's campaign promises but risks legal challenges and strained alliances, particularly with nations in Latin America and Africa. Economic implications loom large, as labor shortages in key sectors could intensify if implemented.

Asia: Devastation in Hong Kong and Judicial Setbacks in Japan

Hong Kong reeled from its deadliest fire in nearly eight decades, with the toll climbing to 128 confirmed deaths and over 200 missing in a blaze that engulfed a high-rise in the Tai Po district on November 26. Eight additional arrests were made today by the city's anti-corruption body, focusing on lapses in renovation safety—particularly the use of traditional bamboo scaffolding, now under intense scrutiny. Survivors and families demand accountability, questioning how such a catastrophe unfolded in one of the world's most affluent cities. The incident has prompted emergency reviews of building codes across Asia's megacities.

In Japan, a Tokyo court ruled that the country's same-sex marriage ban remains constitutional, dealing a blow to equality advocates despite favorable rulings elsewhere in the nation. The decision, reported amid rising public support for reform, underscores persistent cultural divides. Separately, tensions with China escalated as Beijing froze youth exchange programs following comments on Taiwan by Japanese official Sanae Takaichi, signaling deepening diplomatic rifts.

Europe: Fractured Alliances and Digital Threats

European news highlighted fractures in unity. Hungary's Prime Minister Viktor Orbán defied EU partners by meeting Russian President Vladimir Putin in Moscow, where discussions centered on boosting Russian oil and gas supplies to Hungary—moves praised by Putin as "balanced" on Ukraine. This comes as Britain announced the collapse of talks to join an EU defense fund, complicating post-Brexit security cooperation.

France's President Emmanuel Macron unveiled a voluntary military service program to counter "accelerating global threats," aiming to recruit 100,000 youths annually. In Russia, authorities threatened a full ban on WhatsApp for non-compliance with data laws, escalating digital controls. Poland detained five suspects—two Ukrainians and three Belarusians—on espionage charges, attributing them to Russian destabilization efforts.

Ukraine-Russia Conflict: Resignations, Sentencings, and Escalation

The war in Ukraine intensified with domestic and international ripples. Andriy Yermak, President Volodymyr Zelensky's long-serving chief of staff, resigned following an anti-corruption raid on his home and office—part of a broader probe into officials' wartime conduct. This comes amid a 12-year-old girl's death from a Russian strike in Ternopil, pushing civilian casualties higher.

Russia sentenced eight individuals to life imprisonment for the 2022 Crimea bridge attack, a symbolic escalation. Putin commented on a U.S.-backed peace plan, suggesting it could form a basis for talks but vowing to seize land by force if Kyiv refuses withdrawals. In Kherson, Russian FPV drones have turned urban areas into what locals call a "human safari," targeting civilians indiscriminately. Separately, a Ukrainian suspect in the Nord Stream pipeline sabotage was placed in German custody after extradition from Italy.

Middle East and Africa: Raids, Releases, and Ecumenical Outreach

Israeli forces killed at least 13 in a raid on southern Syria's Beit Jinn village, targeting militants but condemned by Damascus as a "war crime." In Gaza-related developments, Israel identified deceased hostage Dror Or, returned by Hamas, with two more bodies still held. Pope Leo XIV's first foreign trip—to Turkey and Lebanon—saw him join Eastern and Western patriarchs at a historic Christian site, praying for unity on the 1,700th anniversary of the Council of Nicaea.

In Africa, Guinea-Bissau's political crisis deepened as a general was sworn in as transitional president after a coup, with ousted leader Umaro Sissoco Embaló fleeing to Senegal; the UN condemned the move and called for constitutional restoration. Positively, 24 schoolgirls kidnapped in northwestern Nigeria were freed, though security challenges persist. In Tunisia, dozens of opposition figures received prison terms in a trial decried as politically motivated.

Other Notable Developments

  • Iran's Shifting Norms: In Tehran, more women are openly forgoing the mandatory hijab, a trend linked to 2022 protests and regional conflicts, observed during an AP journalist's visit.
  • Russia's Crackdown: Moscow outlawed Human Rights Watch as an "undesirable organization," intensifying suppression of dissent.
  • Global Oddities and Warnings: Scientists confirmed lightning on Mars via recordings, a first. In Myanmar, the UN warned of AI-driven voter surveillance ahead of elections. Spain reported its first African swine fever case in 30 years, threatening pork exports to China. Three cyclones battered Asia, causing floods and rising deaths.
  • Europe's Legal Echoes: Northern Ireland dropped charges against two Romanian teens in a case that sparked anti-immigrant riots, highlighting migration tensions.
RegionTop HeadlineKey Impact
North AmericaTrump migration pause post-DC shootingPotential asylum crisis; UN backlash
East AsiaHong Kong fire deaths hit 128Building safety reforms; 200+ missing
Eastern EuropeZelensky aide resigns after raidUkraine governance scrutiny
Middle EastIsraeli Syria raid kills 13Escalated cross-border tensions
West AfricaGuinea-Bissau coup; general installedRegional instability; UN condemnation
Western EuropeUK-EU defense talks failPost-Brexit security gaps
South AsiaJapan upholds same-sex banEquality movement setback
Southeast AsiaChina-Japan youth exchanges frozenTaiwan dispute escalation

This table captures the breadth of today's reporting, emphasizing immediate consequences and cross-regional links, such as how U.S. policy echoes European migration debates.

In summary, November 28, 2025, reflects a world at inflection points: from policy shocks in Washington to grief in Hong Kong, and fragile hopes in ecumenical gatherings. Ongoing monitoring of these stories is essential, as they portend shifts in alliances, economies, and human rights landscapes.


🌍 World News Daily Briefing

Friday, November 28, 2025

🚨 Top Story: Post-COP30 "Belém Package" Analyzed

While the COP30 summit in Belém, Brazil, officially concluded last week (Nov 10–21), the geopolitical fallout dominates today's headlines.

  • The "Belém Political Package": Analysts are dissecting the newly released text, which UN Climate Change Executive Secretary Simon Stiell defended in his closing remarks. Stiell emphasized that despite "stormy political waters" and geopolitical divisions, international climate cooperation remains "alive and kicking."

  • Global Reaction: India has reaffirmed its commitment to the Paris Agreement goals, highlighting its reduction in emission intensity. Meanwhile, heavy criticism continues from small island nations regarding the speed of the "Baku to Belém" roadmap for climate finance.

🌏 Global Headlines

🌀 Cyclone Ditwah Disrupts Southern India

Severe weather alerts are in effect across Tamil Nadu and Puducherry today due to Cyclone Ditwah.

  • Impact: Schools across Chennai, Kancheepuram, and Tiruvallur have been closed today (Nov 28) following IMD Orange/Yellow alerts.

  • Pollution Crisis: In contrast to the rain in the south, Delhi-NCR continues to battle severe smog. Many schools in Noida and Ghaziabad have shifted to hybrid/online modes today as AQI levels remain in the "Very Poor" to "Severe" category.

🇦🇱 Independence Day Celebrations

  • Albania marks its Independence Day (Flag Day) today, commemorating the Declaration of Independence from the Ottoman Empire in 1912.

  • Mauritania also celebrates its Independence Day today, marking its separation from France in 1960.

🛍️ Business & Economy: Black Friday 2025

Today is Black Friday, traditionally the busiest shopping day of the year in the US and increasingly global.

  • Market Sentiment: US Markets and banks (Bank of America, Chase, Wells Fargo) are open today following the Thanksgiving closure.

  • Retail Shift: Analysts are watching closely to see if brick-and-mortar foot traffic rebounds or if the shift to mobile commerce (m-commerce) continues to dominate. "Buy Nothing Day" protests are also staged in major cities, advocating for anti-consumerism.

🎬 Entertainment & Culture

Box Office Battle

The holiday weekend box office is shaping up to be a titan clash, with two major blockbusters released just days ago:

  • Wicked Part Two: For Good: The conclusion to the Elphaba and Glinda saga is dominating presales.

  • Zootopia 2: Disney's animated sequel is performing strongly with family audiences.

  • New Releases (India): Tere Ishk Mein and Andhra King Taluka hit theaters today.

🎥 Streaming

  • The Family Plan Sequel: Mark Wahlberg returns as Dan Morgan in the action-comedy sequel premiering on streaming platforms this month.

📅 On This Day: Observances

  • National Native American Heritage Day (US): honoring the contributions and culture of Native Americans.

  • National French Toast Day: A lighter observance trending on social media.

    Snapshot of the major world news from 28 November 2025

    Floods devastated Sri Lanka and Malaysia, the U.S. announced a controversial migration policy shift, and Sudan faced uncertainty after the fall of Al Fasher. Religious leaders gathered in Turkey for an ecumenical prayer service, while global markets showed mixed signals.


    🌍 Key Global Headlines

    • South Asia Floods: Sri Lanka reported 56 deaths and 21 missing after severe floods and landslides. The military was deployed for relief operations. Malaysia’s Perlis state also faced heavy flooding, displacing thousands.
    • United States Migration Policy: President Donald Trump declared that the U.S. will “permanently pause migration from all Third World countries” to allow the system to “recover”.
    • Sudan Conflict: After the fall of Al Fasher, Sudan faces a critical turning point with questions about governance and stability.
    • India-Bangladesh Border: India is boosting troop presence along the Bangladesh border amid rising tensions.
    • Religion & Diplomacy: Pope Leo XIV and Patriarch Bartholomew I attended a historic prayer service near Lake Iznik, Turkey, symbolizing ecumenical unity.
    • Global Politics: U.S. politician Zohran Mamdani is gaining attention for reshaping progressive politics.

    📊 Economic & Market Updates

    • Asian markets rebounded slightly after a turbulent week, with Philippine stocks showing resilience.
    • European news bulletins highlighted political shifts and cultural debates.

    100 Question and Answer (Q&A) Pairs (Based on November 28, 2025, World News)

    Financial Infrastructure & Market Dynamics

    1. Q: What caused the CME Group to halt trading across all markets on November 28, 2025?

      A: A cooling malfunction at its CyrusOne data centers forced the CME Group to halt trading across all markets.

    2. Q: How much crypto-linked futures value, in open interest, was disrupted by the CME outage?

      A: Over $2 trillion in crypto-linked futures open interest was disrupted by the outage.

    3. Q: Which specific trading platform experienced the interruption for futures and options contracts?

      A: The interruption hit every futures and options contract on the Globex electronic platform.

    4. Q: What was the consequence of the cooling failure inside the high-density trading environment?

      A: Servers had to be powered down to prevent hardware damage, causing the halt.

    5. Q: Approximately how large is the open interest (OI) for CME Bitcoin futures typically?

      A: CME Bitcoin futures OI regularly exceeds $6–10 billion.

    6. Q: What is the estimated open interest for Ethereum (ETH) futures on CME?

      A: ETH futures open interest often sits between $1.5–3 billion.

    7. Q: How did the CME halt affect institutions relying on these products?

      A: The freeze meant institutions had no ability to roll positions, hedge intraday risk, or adjust basis trades.

    8. Q: What effect did the frozen CME prices have on arbitrageurs operating between CME and offshore markets?

      A: The frozen prices meant that spread models were broken, causing delta-neutral trades to turn directional without warning.

    9. Q: Which offshore platforms saw sharp increases in order flow within 20 minutes of the CME stall?

      A: Binance, OKX, and Bybit all saw sharp increases in order flow.

    10. Q: How much did Bitcoin (BTC) volatility jump on major exchanges following the outage?

      A: BTC volatility jumped about 7% on major exchanges.

    11. Q: What other key pricing venue was affected by the technical disruption?

      A: The EBS foreign-exchange platform was also affected.

    12. Q: What happened to automated trading systems as a result of the outage?

      A: Derivatives desks indicated they had to turn off automated trading systems by hand to prevent mispricing exposure.

    13. Q: How did CME Group's stock perform in early trading following the news of the cooling issue?

      A: CME Group fell 0.7% in early trading.

    14. Q: Why are physical infrastructure issues, like cooling failure, considered a threat to modern derivatives markets?

      A: Physical infrastructure issues can freeze digital trading just as effectively as software bugs.

    Global Equity & Commodity Markets

    1. Q: How did the S&P 500 perform on the final trading day of November?

      A: The S&P 500 rose 0.2% to 0.3%.

    2. Q: Why was the S&P 500 trying to achieve a gain on Friday, November 28, 2025?

      A: It was trying to avoid its first monthly loss since April.

    3. Q: How many points did the Dow Jones Industrial Average add in early trading?

      A: The Dow Jones Industrial Average rose 66 points or 124 points.

    4. Q: How much did Coinbase Global stock add as Bitcoin rose above US$92,000?

      A: Coinbase Global added 2.2%.

    5. Q: What caused the Nasdaq Composite to remain down nearly 2% for November?

      A: Investors questioned the profitability timelines for major AI companies.

    6. Q: Which U.S. stocks posted gains in early trading?

      A: Google parent Alphabet rose 1.8%, and Micron Technology added 2.1%.

    7. Q: What time did U.S. stock trading close on the abbreviated Friday session?

      A: Stock trading closes at 1 p.m. ET.

    8. Q: What key expectation drove the rally in precious metals like silver and gold?

      A: Growing expectations that the US Federal Reserve will deliver a rate cut next month.

    9. Q: By how much did Silver futures for December delivery surge on the MCX?

      A: Silver futures surged by ₹1,093 or 0.67% to trade at ₹1,63,560 per kilogram.

    10. Q: What was the intra-day high for Comex Silver (December expiry)?

      A: Comex Silver surged to an intra-day high of $54.235 troy ounces.

    11. Q: What was the closing price and change for crude oil futures (December delivery) on the MCX?

      A: Crude oil traded higher by ₹7 or 0.13% at ₹5,297 per barrel.

    12. Q: What were the prices reported for West Texas Intermediate (WTI) and Brent crude globally?

      A: WTI traded 0.73% higher at $59.08 per barrel, while Brent crude slipped to $62.70 per barrel.

    13. Q: What was the rise and final price of copper futures for December delivery?

      A: Copper futures advanced 0.28% (₹2.85) to ₹1,023.55 per kilogram.

    14. Q: What was the increase and final price of zinc contracts for November delivery on the MCX?

      A: Zinc prices rose by ₹1.80 to ₹300.90 per kilogram.

    15. Q: By how much did aluminum futures for December delivery increase on the MCX?

      A: Aluminium prices went up by ₹1.25, or 0.46%, to ₹271.70 per kilogram.

    16. Q: What are the March corn and January soybean prices reported at market close?

      A: March corn was up 1¾¢ at $4.47 per bushel, and January soybeans were up 2¢ at $11.33½ per bushel.

    17. Q: What factors contributed to the "momentum" in grain prices?

      A: Factors included talk between Trump and Xi, soybean sales, strong corn programs, decent ethanol plant margins, and logistical issues expected from an impending snow storm.

    18. Q: Why did airline stocks outperform on November 28?

      A: Airline stocks outperformed due to FAA projections of the busiest Thanksgiving travel weekend in 15 years.

    Geopolitics & U.S. Security

    1. Q: What was President Donald Trump’s Thanksgiving pledge regarding migration?

      A: Trump pledged that the U.S. will "permanently pause migration from all Third World Countries".

    2. Q: What US soldier was fatally shot near the White House on Wednesday?

      A: National Guard member Specialist Sarah Beckstrom, 20, died of her injuries.

    3. Q: Who is the alleged shooter in the Washington DC incident, and what is his status?

      A: The alleged shooter is 29-year-old Afghan national Rahmanullah Lakanwal, who is in custody and being investigated by the FBI on an “act of terrorism” charge.

    4. Q: What major kinetic escalation did President Trump announce regarding Venezuela?

      A: Trump announced that U.S. "land action" against Venezuelan drug networks is coming "soon".

    5. Q: What action did the UN officials urge the U.S. to maintain following Trump's immigration announcement?

      A: UN officials urged the U.S. to keep asylum processes open.

    6. Q: What immediate action did the U.S. order regarding all Green Cards after the Washington DC shooting?

      A: The U.S. ordered a full reexamination of all Green Cards.

    7. Q: What is China's official stance regarding U.S. sanctions and interference in Venezuela?

      A: China opposes unilateral sanctions that lack basis in international law or UN Security Council authorization, and opposes the interference of external forces in Venezuela’s internal affairs under any pretext.

    8. Q: What was the fate of the second soldier shot near the White House, Staff Sergeant Andrew Wolfe, as of the report?

      A: Staff Sergeant Andrew Wolfe remains critical.

    China’s Diplomacy & Strategic Stances

    1. Q: Who will travel to Russia for the 20th round of China-Russia strategic security consultation?

      A: Wang Yi, Director of the Office of the Central Commission for Foreign Affairs, will travel to Russia.

    2. Q: When is the China-Russia strategic security consultation scheduled to take place?

      A: From December 1 to 2.

    3. Q: What is the main objective of the China-Russia strategic security consultation?

      A: To implement common understandings reached between the two presidents and strengthen communication and coordination on important issues bearing on strategic security interests.

    4. Q: What edition of the Study Outline on Xi Jinping Thought on Diplomacy was published on November 28, 2025?

      A: The 2025 Edition was published.

    5. Q: What does China’s diplomacy advocate for, guided by Xi Jinping Thought?

      A: It advocates for an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization.

    6. Q: What are the "pillars of building a community with a shared future for humanity" as established by the Central Conference on Work Relating to Foreign Affairs in 2023?

      A: These pillars were established as a scientific system and put into shape the top-level design of China’s diplomatic strategy on the new journey.

    7. Q: What is China’s position on the 1951 "Treaty of San Francisco"?

      A: China states the treaty is "entirely illegal and null and void" and that China has never accepted the treaty.

    8. Q: Why does China consider the Treaty of San Francisco illegal?

      A: It was issued without the participation of important parties to WWII, such as the People’s Republic of China and the Soviet Union, and goes against the 1942 Declaration by United Nations.

    9. Q: What did Chinese spokesperson Mao Ning say about Prime Minister Sanae Takaichi’s remarks on Taiwan?

      A: Mao Ning called them "erroneous remarks" that interfere in China’s internal affair and endanger peace and stability in the Taiwan Strait.

    10. Q: What did China request the Japanese side to do regarding the Taiwan question?

      A: China asked the Japanese side to retract the erroneous remarks and stop interfering in China’s internal affairs.

    11. Q: How did Mao Ning respond to U.S. President Trump’s claims about the U.S. leading the space race?

      A: Mao Ning stated that China is committed to the peaceful use of outer space, opposes any arms race or weaponization of space, and has no intention to engage in a space race with any country.

    12. Q: Does China maintain communication with both Russia and Ukraine regarding the crisis?

      A: Yes, China has maintained communication with relevant parties, including Russia and Ukraine, since the crisis broke out.

    Guinea-Bissau and African Diplomacy

    1. Q: In Guinea-Bissau, when did soldiers seize power following the presidential election?

      A: Soldiers seized power on Wednesday, three days after the closely contested presidential election.

    2. Q: Who did the new military leader, Gen. Horta Inta-a, appoint as Prime Minister on Friday?

      A: Gen. Horta Inta-a appointed Finance Minister Ilídio Vieira Té as prime minister.

    3. Q: What political role did the newly appointed Prime Minister, Ilídio Vieira Té, previously hold?

      A: Vieira Té is a close ally and campaign director of the deposed President Umaro Sissoco Embaló.

    4. Q: What accusation did the opposition make regarding the military coup?

      A: The opposition claimed the coup was "fabricated" by deposed President Embaló to avoid an election defeat.

    5. Q: What did the High Military Command do on Friday in the capital, Bissau?

      A: The High Military Command lifted the curfew and authorized the movement of people and public transportation.

    6. Q: Where did the deposed President Umaro Sissoco Embaló travel to on Thursday?

      A: He arrived in neighboring Senegal on a Senegalese-chartered flight.

    7. Q: What action did the West African regional bloc ECOWAS take regarding Guinea-Bissau?

      A: ECOWAS suspended Guinea-Bissau from its decision-making bodies until the restoration of full constitutional order.

    8. Q: What option does ECOWAS reserve the right to use in Guinea-Bissau?

      A: ECOWAS reserves the right to use all options, including sanctions on entities deemed culpable for disrupting the electoral process.

    9. Q: What is Guinea-Bissau commonly known as, in relation to illicit trade?

      A: The country is known as a hub for drug trafficking between Latin America and Europe, which fuels its political crises.

    10. Q: What significant event in September 2025 showed Somalia’s diplomatic pivot toward Ethiopia?

      A: The Somali president participated in the official inauguration ceremony of the Great Ethiopian Renaissance Dam (GERD) project.

    11. Q: What specific Ethiopian policy goal did the Somali president affirmatively endorse in an October 2025 interview?

      A: He endorsed Ethiopia’s quest for Red Sea access as a legitimate cause that needs to be addressed.

    12. Q: What is Ethiopia’s “Two Waters” strategy founded on?

      A: It is founded on dual national security concerns regarding equitable utilization of the Nile waters (GERD) and secure maritime access (Red Sea).

    13. Q: How can Somalia benefit from subscribing to the GERD’s energy project?

      A: Somalia could benefit from regional cooperation, which can bring new markets, investment, and infrastructure creation opportunities.

    Global Health & Humanitarian Issues

    1. Q: What did the World Health Organization (WHO) issue on November 28, 2025?

      A: The WHO issued its first-ever global guideline for the prevention, diagnosis, and treatment of infertility.

    2. Q: What fraction of people of reproductive age is infertility estimated to affect worldwide?

      A: Infertility is estimated to affect 1 in 6 people of reproductive age at some point in their lives.

    3. Q: What is the financial burden of a single round of in vitro fertilization (IVF) in some settings, according to the WHO?

      A: A single round of IVF can cost double the average annual household income.

    4. Q: What is the main concern regarding community groups and the new PEPFAR MoUs negotiations?

      A: Community groups are being systematically excluded from the negotiations, which is a reversal of the community-centered model.

    5. Q: What does the new U.S. global health framework require partner countries to share?

      A: It requires partner countries to share pathogens and patient data, potentially with U.S. commercial interests.

    6. Q: How much did donors pledge at the Global Fund’s 8th Replenishment?

      A: Donors pledged just over $11 billion.

    7. Q: What was the target amount needed for the Global Fund replenishment?

      A: The target was $18 billion.

    8. Q: What specific date did the U.S. administration announce it will no longer commemorate?

      A: The US administration announced it will no longer commemorate World AIDS Day (December 1).

    9. Q: What action did the CDC abruptly order regarding research this week?

      A: The CDC abruptly ordered an end to all non-human primate research, including critical macaque studies supporting HIV prevention science.

    10. Q: What key HIV research leader was reassigned from the NIH’s Division of AIDS (DAIDS)?

      A: Long-time DAIDS Director, Carl Dieffenbach, was reassigned to the Fogarty International Center.

    11. Q: What is the theme for the UNAIDS World AIDS Day report?

      A: Overcoming disruption, transforming the AIDS response.

    12. Q: What recent scientific finding raised concerns among researchers regarding Bird Flu?

      A: Scientists expressed worry regarding Bird Flu’s "surprising heat tolerance".

    Climate & Environmental Indicators

    1. Q: What WMO report was released to inform the COP30 negotiations?

      A: The State of the Global Climate Update for COP30 was released.

    2. Q: What period is set to be the warmest on record, according to the WMO report?

      A: The past 11 years (2015-2025) are set to be the warmest on record.

    3. Q: What was the global mean temperature for January–August 2025 above pre-industrial levels?

      A: The temperature reached $1.42 ^{\circ}\text{C} \pm 0.12 ^{\circ}\text{C}$ above pre-industrial levels.

    4. Q: What critical Paris Agreement limit does the $1.42 ^{\circ}\text{C}$ anomaly approach?

      A: It places the world critically close to breaching the $1.5 ^{\circ}\text{C}$ limit.

    5. Q: What happened to Arctic sea ice extent after the winter freeze in 2025?

      A: Arctic sea ice extent after the winter freeze was the lowest on record.

    6. Q: What formal assessment did the European Commission make regarding the recent COP30 summit?

      A: The European Commission formally acknowledged that COP30 fundamentally "fell short of expectations," particularly on a mandatory phaseout of fossil fuels.

    7. Q: What were some consequences of extreme weather events through August 2025?

      A: They included devastating rainfall, flooding, brutal heat, and wildfires, leading to cascading impacts on lives, livelihoods, and food systems, contributing to displacement.

    Domestic and Regional Indian Updates

    1. Q: What specific cyclones disrupted cold northerly winds in Pune, making days and nights warmer?

      A: Cyclones Senyar and Ditwah disrupted cold northerly winds in Pune.

    2. Q: What severe weather alert is in effect across Tamil Nadu and Puducherry?

      A: Severe weather alerts are in effect due to Cyclone Ditwah approaching.

    3. Q: When is Cyclone Ditwah expected to make landfall?

      A: Coastal districts are bracing for landfall on November 30.

    4. Q: What was the air quality category for Delhi-NCR on November 28?

      A: Delhi’s air quality dipped to the ‘very poor’ category, with multiple stations logging above-400 AQI.

    5. Q: When is Russian President Vladimir Putin scheduled to visit India?

      A: Putin plans to visit India on December 4-5, 2025.

    6. Q: What organization is undertaking the Special Intensive Revision (SIR) exercise?

      A: The Election Commission of India (ECI) is undertaking the Special Intensive Revision (SIR).

    7. Q: What is the nature of the SIR exercise?

      A: It is a large-scale verification exercise involving house-to-house enumeration to clean the voter rolls.

    8. Q: Why are students in Noida & Greater Noida paying the price for the SIR work?

      A: Teachers are on SIR duty, leading to classes being merged and remaining teachers handling multiple grades.

    9. Q: What is the 23rd Law Commission's view on the Bills for simultaneous elections?

      A: The commission views that the Bills do not disturb the basic structure of the Constitution.

    10. Q: Why does the Law Commission believe the simultaneous election Bills do not require state ratification?

      A: They do not propose to make any changes to the subjects under Article 368 (2), clauses (a) to (e).

    11. Q: What autonomous body did the Supreme Court suggest to oversee social media platforms?

      A: The Supreme Court suggested an autonomous body “free from influence”.

    12. Q: What verification methods did the Supreme Court suggest for checking the age of social media users?

      A: The Court suggested using the Aadhaar number or income tax PAN.

    13. Q: What did PM Modi unveil in South Goa?

      A: PM Modi unveiled a 77ft-tall bronze Ram statue.

    14. Q: Which region did PM Modi hail for its role in the Ram Janmabhoomi movement?

      A: He hailed the role of Karnataka’s Udupi region.

    15. Q: What reason did the Uttar Pradesh government give for issuing directions that Aadhaar cannot be accepted as proof of date of birth?

      A: UP issued directions based on the UIDAI Aadhaar policy update guidelines.

    16. Q: What is the Goregaon Mulund Link Road project designed to connect in Mumbai?

      A: The high-speed corridor will connect the Goregaon area in the western suburbs with Mulund in the eastern suburbs.


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