G7 to caution small Chinese banks over Russia ties, Reuters says
G7 leaders to warn Chinese banks to stop assisting Russia in evading Western sanctions during an upcoming summit, according to Reuters' sources.
Browsing Tag
G7
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France, US aim for G7 approval of $50 bn Solidarity Fund for Ukraine
France, US presidents hope all G7 members agree on $50 billion solidarity fund for Ukraine sourced from profits of frozen Russian assets worth around $280 billion.
Biden apologizes to Zelenskyy for aid delay, announces $225 mln package for Ukraine in Paris
During a speech in Normandy, France, on Thursday, President Biden compared the fight against tyranny in World War Two to Ukraine's ongoing war with Russia, labeling Russian President Vladimir Putin as a tyrant.
FT: G7 finance ministers back plan to use Russian assets to finance Ukraine
G7 finance ministers have backed the idea of issuing a loan to Ukraine, secured by profits on frozen Russian assets, in an effort to secure financing for Kyiv beyond 2024.
G7 considers €30 bn Ukraine loan using frozen Russian assets
G7 finance ministers are set to debate a €30 billion loan for Ukraine, considering the legality of using €270 bn in frozen Russian state assets as collateral.
WSJ: Germany opposes seizing Russian assets, fearing WWII-era reparations
The U.S. and U.K. say commandeering Russian assets is crucial for Ukraine's victory, but Europe remains divided.
Reuters: G7 officials discuss options to expedite financial aid for Ukraine amid future funding uncertainties
Amid mounting uncertainties surrounding Ukraine's financial future, a proposal by the United States to harness future interest earned on frozen Russian assets to aid Ukraine is gaining momentum among the Group of Seven nations.
G7 vows to uphold sanctions, crack down on third countries, keep Russian assets frozen
The EU moves against loopholes in sanctions enabling western defense technology to enter Russia
VOA: US, allies propose diverse strategies to confiscate Russian assets for Ukraine’s reconstruction
In recent weeks, there has been growing momentum behind efforts to permanently seize the frozen Russian assets worth…
Munich Security Index: Global perception of Russia as threat decreases
Perceptions of Russia's war in Ukraine as a global threat have decreased since 2022, with only the UK and Japan still rating it as the top risk.
Meloni pledges support for Ukraine in first call to international leader, Zelenskyy, as G7 president
Ukrainian President Volodymyr Zelenskyy held a phone call with Prime Minister Giorgia Meloni after Italy took over the…
FT: G7 working groups explore options to confiscate Russian assets
The US has proposed G7 working groups study ways to confiscate $300 billion in frozen Russian assets and use them to support Ukraine before the February 24 invasion anniversary.
Zelenskyy imposes sanctions on Russian individuals, companies operating in occupied territories of Ukraine
Ukrainian President Volodymyr Zelenskyy has signed decrees on personal sanctions targeting eight Russian individuals and 51 legal entities…
G7 nations lean towards seizing Russian assets
The U.S., initially hesitant, now assures G7 allies it can legally seize Russian assets.
G7 to impose sanctions on Russian diamonds by early 2024
In previous sanction packages, Russia faced bans on exports of coal, gas, gold, vodka and caviar. However, diamonds represent one of Russia's top ten non-energy exports by value, with 2021 diamond exports totaling over $4.5 bn.
G7 affirms steadfast Ukraine backing, acknowledging Russia’s long war preparedness
Meeting in Japan, G7 foreign ministers pledged continued economic and military backing for Ukraine, even as they acknowledged Russia is prepared for a protracted war.
Japan: G7 stands resolute in supporting Ukraine despite Middle East turmoil
Amidst the Israel-Hamas war, G7 chair Japan reaffirms the Group's steadfast support for Ukraine. Strict sanctions on Russia and unchanging commitment to Kyiv are priorities.
Luxembourg joins G7 security guarantees for Ukraine
Luxembourg decided to join the G7 declaration on security arrangements for Ukraine, Ukrainian President Volodymyr Zelenskyy announced on…
Kosovo joins G7 security arrangements for Ukraine
Kosovo decided to join the G7 declaration on security guarantees for Ukraine announced at the NATO summit in…
Baltic states join G7 declaration support for Ukraine
The leaders of Estonia, Latvia and Lithuania signed onto the G7's declaration of support for Ukraine, pledging their "unwavering support and solidarity" with Kyiv.