December 5, 2022: Russia oil price cap, Georgia election, China, North Carolina substations, FTX

Five stories to know today: G7 price cap on Russian seaborne oil comes into force, Republican Senate candidates made the last pitch in Georgia midterm election runoff, China is set to announce a further easing of COVID curbs, Residents in a central North Carolina county faced a second night of freezing weather without power after vandals opened fire on two electric substations, FTX founder Sam Bankman-Fried says he will testify before the House Financial Services Committee.

1. Ukraine says Russia has renewed missile attacks and knocked out power in the north, as the G7 price cap on Russian seaborne oil comes into force.

2. Republican Senate candidates made the last pitch in Georgia midterm election runoff. A win for Herschel Walker would boost Republicans’ chances of blocking Biden’s agenda.

3. China is set to announce a further easing of COVID curbs as early as Wednesday, sources said, as investors cheer the prospect of a policy shift that follows widespread protests and mounting economic damage.

4. Residents in a central North Carolina county faced a second night of freezing weather without power on Sunday, after vandals opened fire on two electric substations in what authorities called a ‘targeted attack.’

5. FTX founder Sam Bankman-Fried says he will testify before the House Financial Services Committee, after he finishes ‘learning and reviewing’ the events that led to the collapse of his cryptocurrency exchange.

#Ukraine
#Russia
#G7
#Georgia
#midtermelections
#Georgiarunoff
#China
#COVID
#NorthCarolina
#MooreCounty
#FTX
#SamBankmanFried
#morningnews
#headlines
#News
#reuters
#newsfeed


Subscribe: http://smarturl.it/reuterssubscribe

Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.

Get the latest news on: http://reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en