December 2022

Daily Top-10 Current Affairs MCQs / News (Dec 04 2022) for CSS

December 4, 2022
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6. Russia rejects oil price cap agreed by EU, G7

• Russia on December 3, 2022 rejected a $60 price cap on its oil agreed by the EU, G7 and Australia, which Ukraine said would contribute to the destruction of Russia`s economy.
• `We will not accept this price cap, Kremlin spokesman Dmitry Peskov told domestic news agencies, adding that Russia, the world`s second largest crude exporter, was `analysing` the move.
• The $60 oil price cap will come into effect on Monday or soon after, alongside an EU embargo on maritime deliveries of Russian crude oil

7. `Opec+ will keep oil policy unchanged`

• Opec+ will likely stick to its oil output targets when it meets on Sunday, five Opec+ sources said on Saturday, a day after the Group of Seven (G7) nations agreed a price cap on Russian oil.
• Opec+, which comprises the Organisation of the Petroleum Exporting Countries (OPEC) and allies including Russia, angered the United States and other Western nations in October when it agreed to cut output by 2 million barrels per day (bpd), about 2 per cent of world demand, from November until the end of 2023.
• Washington accused the group and one of its leaders, Saudi Arabia, of siding with Russia despite Moscow`s war in Ukraine.
• Opec+ argued it had cut output because of a weaker economic outlook and oil prices have declined since October due to slower Chinese and global growth and higher interest rates

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8. US navy seizes ammunition en route from Iran to Yemen

• The US Navy said on December 3, 2022 it had seized one million rounds of ammunition along with rocket fuses and propellant being smuggled on a fishing trawler from Iran to war torn Yemen.
• The cargo was discovered on Thursday `during a flag verification boarding`, the Bahrain-based United States Fifth Fleet said in a statement, noting it was the `second major illegal weapons seizure within a month` along the maritime route.
• `This significant interdiction clearly shows that Iran`s unlawful transfer of lethal aid and destabilising behaviour continues,` Vice Admiral Brad Cooper said

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9. South Korea`s ex-national security chief arrested over border killing

• South Korea on December 3, 2022 arrested a former national security chief on suspicion of covering up events surrounding the 2020 murder of a fisheries official by Pyongyang.
• President Yoon Suk-yeol is expanding an inquiry into the highly politicised case following accusations that his predecessor mishandled the probe to curry favour with North Korea.
• Suh Hoon is the first top official from the presidential office of former leader Moon Jae-in to be arrested over the case

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10. Argentina beat Australia to reach quarter-finals

• Argentina moved into the quarter-finals of World Cup on December 3, 2022 with a 2-1 win over Australia which set up a last-eight clash with the Netherlands.
• Lionel Messi scored his first-ever goal in a World Cup knockout round tie in the 35th minute and Julian Alvarez added Argentina`s second just before the hour mark.
• Australia pulled one back with a late own goal.
• Messi scored on his 1,000th career appearance in Argentina`s win over Australia to surpass his great predecessor Diego Maradona`s tournament total and set up a quarterfinal clash with the Netherlands

Daily Top-10 Current Affairs MCQs / News (Dec 04 2022) for CSS

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Shahzad F. Malik

Shahzad Faisal Malik is the administrator of CSSTimes.pk and is responsible for managing the content, design, and overall direction of the blog. He has a strong background in Competitive Exams and is passionate and sharing information with others.
Shahzad Faisal Malik has worked as a Graphic Designer/Content Creator at CSSTimes in the past. In his free time, Shahzad Faisal Malik enjoys watching Cricket, writing blogs for different websites and is always on the lookout for new and interesting content to share with the readers of this website.
As the website administrator, Shahzad Faisal Malik is dedicated to providing high-quality content and fostering a welcoming and engaging community for readers. He looks forward to connecting with readers and hearing their thoughts and feedback on the website.

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