Mauna Loa volcano is erupting, it's a big day for Russian oil, and Ira may disband its morality police. Here is everything you Need2Know for Monday, December 5, 2022.

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Need2Know December 5, 2022

Hawaii's Mauna Loa volcano. Well, it was more active on sunday. Many people on the big island of Hawaii are bracing for major upheaval F lava from the volcano slides across a key highway and blocks the quickest route connecting two sides of the island, Mauna loa has been erupting for over a week, with lava shooting up to heights of up to 148 ft. As of saturday morning. The lava flow showed little change from the day prior and was about 2.5 miles from the highway, according to the updates that we were given from the United States Geological Survey. Meanwhile, the european Union is planning to ban all imports of Russian seaboard crude starting today. While the U. S. And other members of the G seven will impose a price cap on the oil that Russia sells the countries around the world. The Kremlin has warned that any attempt to impose a price cap on Russian oil will cause more more harm than good. That's because oil prices have fallen below $90 a barrel for more than 100 and $20 in early june that ahead of a potentially disruptive sanctions when it comes to Russian oil that's weakening crude demand in china and mounting fears of a recession. Opec and non Opec producers, a group of 23 oil producing nations known as Opec plus decided to stick to their existing policy of reducing oil production by two million barrels a day. Ft. X. Founder Sam Beckman freed says that he can't explain what happened to billions of dollars that customers sent to bank accounts of his trading firm Alameda Research. Now he says that he can't rule out the possibility that money deposited by F. T. X. Customers was in fact lead to Alameda despite being told that they're funds would remain accessible. Now in an interview with the Wall Street Journal, Blankman free distanced himself from Alameda saying that he had stepped back From running the firm and had little insight into its workings, even though he owned 90% of it now over time, F. T. X. customers deposited more than $5 billion alameda accounts, he said. And now those funds are gone bigger. Meanwhile, a top Iranian officials suggesting that the country's feared morality police has now been disbanded and that's after months of protests following the death of a young woman in police custody. Now morality police enforce Islamic laws among them, mandating that women wear a job in public. The country's chief prosecutor said that the force had been closed and that the judiciary is quote working fast on the issue of hijabs though he didn't elaborate whether that means changing the country's dress code and if that's being considered, his comments have not been ca confirmed by other state officials. Well, more World Cup action over the weekend and sadly the U. S. Men's national team is out after losing 3 to 1 to the Netherlands and a round of 16 match up saturday. And now the U. S. Will look to 2026 when it will co host the World Cup alongside Canada and Mexico. Luck play for them. Host countries automatically get a place in the tournament. Now England beat Senegal sunday 3 to 0 and will face France, who defeated Poland 3 to 1 in the quarterfinals. Today, Japan battles Croatia and odds on favorite brazil goes up against South Korea. Yeah, it looks like still a really good tournament even though the U. S. No longer in there.