PREMTL

G7 aims to raise $600 billion to counter China’s Belt and Road

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G7 aims to raise $600 billion to counter China's Belt and Road

SCHLOSS ELMAU, Germany, June 26 (Reuters) – Group of Seven leaders on Sunday pledged to raise $600 billion in private and public funds over five years to finance needed infrastructure in developing countries and counter China’s older, multitrillion-dollar Belt and Road project. U.S. President Joe Biden and other G7 leaders relaunched the newly renamed “Partnership … Read more

EU leaders to keep sanction pressure on Russia, gold flagged as new target

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EU leaders to keep sanction pressure on Russia, gold flagged as new target

EU leaders to hold summit this week, Ukraine in focus They will commit to work on more sanctions – draft accord Gold, vital asset for Russia cenbank, may be among new targets BRUSSELS, June 21 (Reuters) – European Union leaders aim tomaintain pressure on Russia at their summit this week by committing to further work … Read more