Ukraine declared martial law for 30 days along the border with Russia and in Black Sea coastal areas from November 28. Russia accused it of playing with fire and Ukrainian vessels of violating the Russian border despite warnings from Russian ships.
Actually, the lira lost more than 35 percent of its value against the U.S. dollar this year, prompting concerns that Turkey’s economy, which is heavily reliant on foreign currency loans, could affect other emerging markets.
A big step was taken forward in improving the situation on the Korean Peninsula. With efforts from the international community, particularly from China, the United States, North Korea and South Korea, the security crisis on the peninsula eased.