Square beats estimates as larger merchants join

Turkey's Finance Minister, Lutfi Elvan, has resigned amid another plunge in the value of the country's currency, the lira. He is being replaced by his deputy, Nureddin Nebati, who supports President Recep Tayyip Erdogan's controversial economic policies. The lira has lost almost half of its value this year as Erdogan has pushed for low interest rates, despite rising inflation. Also today, we look at how some French parents are choosing to rent toys for their children, instead of buying new ones.

Fighting continues in Ethiopia, where rebel groups are advancing on the capital Addis Ababa. While much has been said about the northern front, where the army is at war with the Tigray Defense Forces (TDF), another armed group – allied to Tigrayans – is fighting from the south and west of the country. The Oromo Liberation Army (OLA) now controls a large swathe of territory. Together, the TDF and OLA plan to topple the government and take over the capital. The government accuses these rebel groups of committing crimes against civilians, including several massacres. Our regional correspondent reports.

The EU Commission on Wednesday (1 December) unveiled its plan to invest €300bn by 2027 in global infrastructure in digital and climate projects - as an alternative to China's Belt and Road initiative.

The Supreme Court appeared set to put limits on abortion rights in the United States by upholding one state's law banning the procedure after 15 weeks. Protesters from both sides of the issue rallied at the top court.

Authorities in Nigeria reject the conclusions of an independent report that found that security forces were behind the death of 11 people at an anti-police brutality protest last year. Also, South Africa's president calls for solidarity between countries in the face of travel bans following the discovery of the Omicron variant. And on World AIDS Day we take you to Kenya, where the prevalence of HIV has fallen drastically in the past two decades, but the fight against new infections remains a daily battle.

Ghislaine Maxwell, the UK socialite accused of grooming young girls for Jeffrey Epstein, has appeared in a New York court. Prosecutors say she gained the girls' trust by taking them to movies and sending them gifts.