In a significant development, US Treasury Secretary Janet Yellen said, the United States does not have the legal authority to seize frozen assets of the Russian central bank following its invasion of Ukraine. She also said, it is likely that… Read More ›
Finance ministers from the Group of 7 wealthy countries said, together they have pledged additional support to Ukraine in excess of $24 billion for 2022 and beyond; they also said, they were prepared to do more as and when required…. Read More ›
With Western countries rolling out new sanctions against Russia midst the roll out of horrifying images of war crimes in the Ukrainian city of Bucha, it has become clear that their easiest sanction options have now been exhausted; there are… Read More ›
In a statement Germany’s German economy and climate protection minister Robert Habeck said, energy ministers from the Group of Seven industrialized countries have rejected demands by Russian President Vladimir Putin to pay for Russian gas in Rubles. “All G7 ministers… Read More ›
In a statement global index provider MSCI Inc said, it was closely monitoring developments in Ukraine as well as access to the Russian equity market in the face of possible investment sanctions midst rising concerns of a potential Russian invasion…. Read More ›
In a significant development, British foreign minister Liz Truss said, Britain is considering all options in the event of a Russian invasion of Ukraine. She highlighted the fact that Britain has used economic sanctions in the past to send diplomatic… Read More ›
In a statement on Monday, Britain said, it will host foreign and development ministers from the G7 and from the Association of Southeast Asian Nations (ASEAN) at a summit in Liverpool from December 10 to December 12. The summit will… Read More ›
In a statement, the office of British Prime Minister Boris Johnson said, he has discussed issues of taxation with Amazon’s founder Jeff Bezos in New York. “The prime minister raised the issue of taxation, and hoped progress could be [made] in… Read More ›
In a statement British Prime Minister Boris Johnson’s office said, Prime Minister Boris Johnson and German Chancellor Angela Merkel have discussed the situation in Afghanistan and agreed on the need for a common approach by the G7 as well as… Read More ›
Britain plans on collaborating with world leaders to consider imposing new sanctions on the Taliban, which took control of Afghanistan following the disorderly exit of US troops from the country. The G7 is scheduled to meet on Tuesday to discuss… Read More ›
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