Scholz open to attending G-20 summit despite Putin presence
The Germany Chancellor indicated that he was open to taking part in November's G-20 summit even though host Indonesia has refused to block Vladimir Putin from attending.
World
Nations’ ‘egoism’ delaying treaty to protect oceans: UN chief
UN Secretary-General Guterres stated that some nations “still think they are powerful enough to think international waters should be theirs” and have taken the ocean for…
BRICS unity key for post-pandemic world
Analysts say high-quality collaboration among BRICS nations can help the world overcome the Covid-19 pandemic and other challenges.
G-7 aims to raise $600 billion to counter China’s Belt and Road
US President Biden said hundreds of billions of additional dollars could come from multilateral development banks, development finance institutions, sovereign wealth funds and…
G-7 to ban Russian gold imports, choking key market for Putin
The measure, that was proposed by the US President Biden on June 26 via Twitter, was initially flagged by Britain.
Russia is hours away from its first foreign default in a century
The country tipped very near to such a moment earlier this year, but managed a last-ditch escape by switching payment methods.
G-20 environment ministers to issue joint communiqué pushing climate action
The working group previously met for its first session in Yogyakarta in March, and will conclude at the G-20 Environment Ministers’ Meeting in Bali in August.
EU grants Ukraine candidate status in ‘historic moment’
The move, which also sees Moldova being granted candidate status, kick-starts the EU's most ambitious expansion since it welcomed Eastern European states after the Cold War.
G-7 to exert more pressure on Russia: US official
According to an official, Group of Seven leaders will discuss at their upcoming summit how to cut their dependence on Russian energy and Russia’s revenues from energy exports.
US recession will drag Asia’s growth but the region may avoid a sharp downturn, analysts say
Asian economies, including Singapore, could get more help from a possible counter-cyclical economic recovery in China and the low interest rate policy in Japan that favours growth…