France to finance Ukraine aid with Russian assets PARIS: France will use a share of 1.4 billion euros ($1.5 billion) in revenues from frozen Russian assets to finance... Published 06 Sep, 2024 11:48pm
World G7 summit turns to simmering tensions with China BARI: G7 leaders turn their attention to China on Friday on the second day of an Italy summit, with a focus on how... Published 14 Jun, 2024 12:16pm
World G7 eyes Ukraine funding plan at Italy summit BARI: G7 leaders gather Thursday for the first day of an Italy summit, seeking to seal a deal on using frozen... Published 13 Jun, 2024 11:43am
World G7 leaders agree to unblock $50bn for Ukraine by end of 2024: France PARIS: Group of Seven leaders have agreed to provide Ukraine with $50 billion via the use of frozen Russian assets... Published 13 Jun, 2024 12:20am
World Biden heads to G7 summit focused on Ukraine aid, China’s support for Russia WASHINGTON: US President Joe Biden flies to Italy on Wednesday for meetings with Group of Seven leaders aimed at... Published 12 Jun, 2024 02:43pm
Pakistan Climate activists demand G7 leaders to pay for climate finance LAHORE: Activists from Pakistan Kissan Rabita Committee, Labour Education Committee and Crofter Foundation staged a... Published 12 Jun, 2024 06:51am
World G7 leaders to discuss Iranian attack in Sunday video call ROME: Italy, which holds the rotating presidency of the G7, has called a video meeting of G7 leaders on Sunday to... Published 14 Apr, 2024 01:50pm
World G7 leaders to discuss legal theory on seizing Russian assets CHRISTIANSTED: G7 leaders will discuss a new legal theory that would enable the seizure of $300 billion in frozen... Published 29 Dec, 2023 12:07pm
World Do not let Putin win, Biden pleads with Republicans on Ukraine WASHINGTON: President Joe Biden pleaded with Republicans on Wednesday for a fresh infusion of military aid for... Published 07 Dec, 2023 10:15am
World With eye on China, US and five allies condemn trade-related ‘economic coercion’ WASHINGTON: The United States and five of its allies on Friday condemned the use of trade practices that amount to... Published 09 Jun, 2023 05:47pm
World Russia says US-built F-16s could ‘accommodate’ nuclear weapons if sent to Ukraine Russia’s Foreign Minister Sergei Lavrov said on Monday that US-built F-16 fighter jets can ‘accommodate’ nuclear... Published 06 Jun, 2023 10:12am
Print G7 leaders outline ‘de-risk, not decouple’ approach to China HIROSHIMA, (Japan): Ukraine’s Volodymyr Zelenskiy on Sunday drew a parallel between the destruction of Bakhmut and... Updated 22 May, 2023 08:59am
World Scholz: F-16 pilot training a message to Russia, not game changer for now HIROSHIMA: Potential allied training programmes for Ukrainian pilots on F-16 fighter jets were a message to Russia... Published 21 May, 2023 10:56am
Business & Finance G7 vows economic coercion will ‘face consequences’ HIROSHIMA, (Japan): G7 leaders vowed Saturday that attempts to “weaponise” trade and supply chains would “fail... Published 21 May, 2023 04:00am
World G7 wants 'stable' China relations, warns on 'militarisation' HIROSHIMA: G7 leaders on Saturday warned China over its “militarisation activities” in the Asia-Pacific region but... Updated 20 May, 2023 04:47pm
World Zelenskiy joins G7 in Japan as democracies take aim at Russia and China HIROSHIMA: Ukraine’s Volodymyr Zelenskiy arrived in Japan on Saturday to attend the Group of Seven (G7) summit,... Published 20 May, 2023 01:14pm
World Ahead of financing summit, France lobbies G7 over Africa debt, climate impact HIROSHIMA: The Group of Seven (G7) wealthy nations need to take more responsibility in boosting crisis financing for... Published 20 May, 2023 10:43am
World Quad leaders to meet on sidelines of G7: White House HIROSHIMA: Leaders of the United States, Japan, Australia and India will hold talks on the sidelines of the G7 on... Published 19 May, 2023 06:32pm
World EU’s Michel calls for ‘stable and constructive’ cooperation with China HIROSHIMA: European Council President Charles Michel said on Friday it was in the EU’s interest to maintain “stable... Published 19 May, 2023 11:27am
World G7 to squeeze Russia, weigh risk of China’s ‘economic coercion’ HIROSHIMA: G7 leaders arrived in Hiroshima, Japan, on Thursday to weigh tighter sanctions on Russia and protections... Published 19 May, 2023 06:17am
Markets Biden ‘optimistic’ on debt talks with Republicans as default looms REHOBOTH BEACH: President Joe Biden said Sunday he remains “optimistic” about finding an agreement with his... Published 15 May, 2023 11:13am
World After G7 tour, Japan PM says East Asia could be next Ukraine WASHINGTON: Japanese Prime Minister Fumio Kishida said Saturday he told Western powers that East Asia could be the... Published 15 Jan, 2023 04:01am
World What is Zelenskiy’s 10-point peace plan? Ukraine’s President Volodymyr Zelenskiy has been vigorously promoting his 10-point peace plan, discussing it with US... Updated 28 Dec, 2022 12:29pm
World G7 considers more air defence for Ukraine as fighting rages KYIV: Russian missiles, artillery and drones hammered targets in eastern and southern Ukraine, the Ukrainian General... Published 13 Dec, 2022 11:09am
Markets US says Russia oil price cap should reflect historical prices, curb Putin profit SINGAPORE/WASHINGTON: The price cap that G7 countries want to impose on Russian oil to punish Moscow should be set... Published 09 Sep, 2022 09:02pm
Markets Putin says Russia to stop supplying energy if Western price caps imposed VLADIVOSTOK: President Vladimir Putin on Wednesday threatened to cut off energy supplies if price caps are imposed... Published 07 Sep, 2022 04:43pm
World G7 oil price cap will shrink Russian revenues, ease inflation A G7 proposal to cap the price of Russian oil will shrink Russian revenues and bring down inflation, German Finance... Published 02 Sep, 2022 06:42pm
World Russian oil price cap will ease inflation, harm Moscow’s finances, Yellen says WASHINGTON: U.S. Treasury Secretary Janet Yellen said that a price cap on Russian oil agreed by Group of Seven (G7)... Published 02 Sep, 2022 06:36pm
Print Yellen ‘optimistic’ on deal to set price cap on Russian oil WASHINGTON: US Treasury Secretary Janet Yellen said Wednesday she was “optimistic” about the possibility of an... Published 02 Sep, 2022 06:00am
Markets G7 mulls options to restrict Russian oil profits LONDON: The Group of Seven (G7) wealthy nations is looking at blocking the transportation of Russian oil among other... Published 03 Aug, 2022 06:36am
Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs