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Oil hit the 100 USD a Barrel Record - World Stock Markets Collapsed

Oil prices have surpassed 0 per barrel, and stock prices around the world have collapsed after Russian President Vladimir Putin declared a "military operation" in Ukraine with a hint of a bigger war.

Exchanges have collapsed since earlier this week after the Kremlin recognized two breakaway regions in eastern Ukraine on Monday night and later sent "peacekeepers" to them.

Indonesia is Moving its Capital

The Indonesian parliament today passed a bill to move the capital from Jakarta to a forested area on the island of Borneo, DPA reported. The decision of the deputies paves the way for the construction of the new city.

The law was approved by most political forces, with only the small Justice and Prosperity Party disagreeing.

Local man prepares for world tour with caravan

A 30-year-old Turkish man from the Black Sea province of Samsun is preparing for a world tour with a caravan he has converted from a clunker bus.

"The first time I saw the bus, I said, 'It should be my home.' It was like the school buses I saw in Hollywood movies," Kadir Mert, a software specialist and paragliding tutor, told daily Milliyet on Dec. 8.

Tel Aviv is the most Expensive City in the World, according to the Economist's Ranking

The Israeli city Tel Aviv is the most expensive city in the world, according to the British magazine "Economist", DPA reported. As a result, it de facto dethroned the French capital from this position. Paris remains in second place, which it shares with Singapore. Next on the top positions in the ranking are Zurich, Hong Kong and New York. Last is the Syrian capital Damascus.

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