G7 calls for ‘significant’ UN response to North Korea missile launches

ROME, Nov 20 (Reuters) – The United Nations Security Council must take “significant action” in response to North Korea’s latest intercontinental ballistic missile launch, foreign ministers from the Group of Seven (G7) major industrialized nations said Sunday. . The Security Council will discuss North Korea in a meeting Monday at the request of the United … Read more

IMF says global economic outlook is becoming ‘gloomier’, risks abound

WASHINGTON, Nov. 13 (Reuters) – The global economic outlook is even gloomier than forecast last month, the International Monetary Fund said on Sunday, citing a steady deterioration in surveys of purchasing managers in recent months. It attributes the gloomy outlook to a tightening of monetary policy due to continued high and broad-based inflation, weak growth … Read more

EXCLUSIVELY India can buy as much Russian oil as it wants, outside the price cap, says Yellen

NEW DELHI, Nov 11 (Reuters) – The United States is pleased that India will continue to buy as much Russian oil as it wants, even at prices above a price cap mechanism imposed by the G7, if it steers clear of Western insurance, finance and maritime services. by the cap, US Treasury Secretary Janet Yellen … Read more

G7 urges China to refrain from threats, use of force

MUENSTER, Germany, Nov. 4 (Reuters) – The Group of Seven on Friday urged China to refrain from “threats, coercion, intimidation or the use of force” while expressing their commitment to cooperate wherever possible to address global challenges including security, global health and climate. The mildly worded communiqué, which concluded two days of meetings of the … Read more

EXCLUSIVE G7 Coalition Agrees On Fixed Price For Russian Oil Well

WASHINGTON/LONDON, Nov. 3 (Reuters) – The Group of Seven Rich Countries and Australia have agreed to set a fixed price when finalizing a price cap for Russian oil later this month, rather than offering a floating rate take, sources said Thursday. US officials and G7 countries have been negotiating intensively in recent weeks over the … Read more

Russia poised to largely bypass new G7 oil price ceiling

LONDON, Oct. 21 (Reuters) – Russia has access to enough tankers to carry most of its oil beyond the reach of a new G7 price cap, industry players and a US official told Reuters, pushing the limits of highlight the most ambitious plan to date to curb Moscow. war revenues. The Group of Seven countries … Read more

Canada promises industry it will respond to US inflation law

OTTAWA, Oct. 19 (Reuters) – Canada must strengthen its incentives designed to help industry scale clean technologies after the United States made massive investments in August to accelerate the green transition there, the Treasury Secretary said on Wednesday. . The Inflation Reduction Act (IRA) was signed by US President Joe Biden and contains incentives for … Read more

EU executive proposes eighth set of sanctions against Russia

EU countries begin negotiations on new package of sanctions against Russia 27 Member States divided over oil price ceiling Ukraine: It is necessary to stop the flow of ‘blood money’ to Russia BRUSSELS, Sept. 28 (Reuters) – The European Union executive on Wednesday proposed an eighth round of sanctions against Russia over its invasion of … Read more

British Prime Minister Truss tells allies to remain steadfast in Ukraine

Prime Minister Liz Truss delivers a speech to members of the United Nations in New York during her visit to the US to attend the 77th UN General Assembly. Photo date: Wednesday, September 21, 2022. Stefan Rousseau/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, Sept. 25 (Reuters) – British Prime … Read more

Germany takes control of Russian-owned refinery amid energy crisis

Register now for FREE unlimited access to Reuters.com Register German energy industry falters since war in Ukraine German regulator now controls Schwedt refinery Schwedt refinery is an important fuel source for Berlin PKN interested in majority stake in refinery – sources BERLIN, Sept. 16 (Reuters) – Germany took control of a major Russian-owned oil refinery … Read more