Global Summary: Significant Political Developments and Natural Disasters on December 3, 2024

On December 3, 2024, a significant political event unfolded in the United Nations General. The assembly highlighted urgent measures needed to combat the escalating climate crisis, with several countries pledging increased funding for renewable energy projects.

In Asia, a powerful earthquake struck near the coast of Japan, registering a magnitude of 7.2. The quake prompted tsunami warnings along the eastern coastline, leading to mass evacuations. Authorities reported significant damage in several coastal towns, and rescue operations are currently underway.

Meanwhile, in Europe, the European Central Bank announced a surprise interest rate hike aimed at curbing inflation, which has seen a sharp rise over the past year. This decision has sparked debates among economists regarding its potential impact on economic growth in the Eurozone.

Additionally, a humanitarian crisis is unfolding in East Africa as severe drought conditions continue to affect millions. International aid organizations have called for urgent assistance to support affected populations facing food and water shortages.

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