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Here is a rundown of all the news that you need to start your Saturday, including US vetoing UN Security Council resolution demanding immediate cease-fire in Gaza, UN chief's warning that the humanitarian aid network in Gaza is at 'high risk' of total collapse, and Russian President Vladimir Putin saying he will run for a fifth term in office next year.
TOP STORIES
The US vetoed a UN Security Council draft resolution that demanded an immediate cease-fire to halt the ongoing bloodshed in the Gaza Strip as the death toll continues to mount.
The text, which was co-sponsored by at least 97 UN member states, received the support of 13 Security Council members, while the UK abstained.
The humanitarian support system in the besieged Gaza Strip faces "total collapse" amid an unprecedented number of slain UN workers, Secretary-General Antonio Guterres has warned.
There would be "devastating consequences" should the aid network fail, and if that were to happen, it "would result in a complete breakdown of public order and increased pressure for mass displacement into Egypt," Guterres said.
Russian President Vladimir Putin said he will run in the 2024 presidential election set to be held in March.
Putin said he will run for a fifth term in office during a conversation with participants following an award ceremony held in the Kremlin on the occasion of the Heroes of the Fatherland Day.
NEWS IN BRIEF
SPORTS
The International Olympic Committee (IOC) decided to allow Russian and Belarusian athletes to compete at the Paris 2024 games as neutrals, without flags, emblems or anthems.
"The Executive Board of the International Olympic Committee has decided that Individual Neutral Athletes who have qualified through the existing qualification systems of the International Federations on the field of play will be declared eligible to compete at the Olympic Games Paris 2024 in accordance with the conditions outlined below. Individual Neutral Athletes are athletes with a Russian or Belarusian passport," the IOC said in a statement.
The Los Angeles Lakers will play against the Indiana Pacers in the NBA's In-Season Tournament final on Saturday.
Both franchises will be vying for the NBA Cup at Las Vegas's T-Mobile Arena as the tournament makes its debut in the 2023-24 NBA season.
BUSINESS & ECONOMY
Year-ahead inflation expectations in the US plummeted to 3.1% in December, from 4.5% in November, recording its lowest reading since March 2021, a survey by the University of Michigan said.
Long-run inflation expectations, meanwhile, decreased to 2.8% this month, from 3.2% last month, matching the second-lowest reading seen since July 2021.
The US economy added 199,000 jobs in November, higher than market estimates, the Labor Department announced.
The market expectation for nonfarm payrolls was to show a gain of 180,000 in November.
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