g7
Stresa (Italy) (AFP) - G7 finance ministers gather in Italy on Thursday for a three-day meeting dominated by plans to use Russian assets to help Ukraine, as well as new sanctions on Moscow and the commercial threat posed by China. The ministers and central bankers from the Group of Seven world powers are meeting in Stresa, on the shores of northern Italy's Lake Maggiore, to prepare for the larger summit of G7 heads of state next month in Puglia. Top of the agenda is a plan to finance crucial aid to Ukraine using the interest generated by the 300 billion euros ($325 billion) of Russian central ...
AFP
The finance ministers of the Group of Seven countries (G7) will support an EU plan to use the revenue from frozen Russian assets to fund Ukraine, Reuters reported on May 16, citing an unnamed Italian treasury official. The ministers are set to meet on May 24, where they will work out the details to come to a final decision before a summit in Italy in June. Ukraine's Western partners and other allies froze around $300 billion in Russian assets at the start of the full-scale invasion in 2022. Roughly two-thirds are held in the Belgium-based financial services company Euroclear. While the U.S. pr...
Kyiv Independent (UK)
The finance ministers of the Group of Seven countries (G7) will support an EU plan to use the revenue from frozen Russian assets to fund Ukraine, Reuters reported on May 16, citing an unnamed Italian treasury official. The ministers are set to meet on May 24, where they will work out the details to come to a final decision before a summit in Italy in June. Ukraine's Western partners and other allies froze around $300 billion in Russian assets at the start of the full-scale invasion in 2022. Roughly two-thirds are held in the Belgium-based financial services company Euroclear. While the U.S. pr...
Kyiv Independent
The finance ministers of the Group of Seven countries (G7) will support an EU plan to use the revenue from frozen Russian assets to fund Ukraine, Reuters reported on May 16, citing an unnamed Italian treasury official. The ministers are set to meet on May 24, where they will work out the details to come to a final decision before a summit in Italy in June. Ukraine's Western partners and other allies froze around $300 billion in Russian assets at the start of the full-scale invasion in 2022. Roughly two-thirds are held in the Belgium-based financial services company Euroclear. While the U.S. pr...
Kyiv Independent (CA)
Justice ministers from the Group of Seven (G7) industrialized democracies discussed the responsible use of artificial intelligence by judicial authorities during a two-day conference held in Venice. A theme of the conference, held on Thursday and Friday, was how to set limits to the use of machine learning and robotics. Italy currently has the G7 presidency. The joint statement released at the end of the meeting on Friday also emphasized the need for strict enforcement of sanctions and other measures against Russia, "including by holding accountable those who provide illicit financing and good...
DPA Breaking News
Justice ministers from the Group of Seven (G7) industrialized democracies have discussed the use of artificial intelligence (AI) by judicial authorities in a legally acceptable way during a two-day conference held in Venice. A theme of the conference, held on Thursday and Friday, was how to set limits to the use of machine learning and robotics. Italy currently has the G7 presidency. In a posting on the X messaging service on Friday, Italian Justice Minister Carlo Nordio described the main topic as the "Fight against Transnational Organized Crime, with a focus on Drug Trafficking and Launderin...
DPA Breaking News
The justice ministers of the G7 countries have gathered in Venice on Thursday to discuss the fight against corruption and organized crime in Ukraine. According to the Italian hosts, the two-day meeting in the northern lagoon city is about strengthening Ukraine's democratic institutions and preventing any form of unlawful use of money intended for Ukraine's reconstruction. The G7 is a group of leading democratic industrialized nations, including Germany, Italy, France, Britain, Japan, Canada and the US. "The issue of corruption is a problem for Ukraine," German Justice Minister Marco Buschmann ...
DPA Breaking News
The United States is leading talks among the Group of Seven (G7) nations to develop a military aid package to Ukraine worth up to $50 billion, Bloomberg reported on May 3. The potential package would reportedly be funded by the profits generated by accrued interest on frozen Russian assets. Western countries and Kyiv's other partners have immobilized around $300 billion of Russian assets in response to the full-scale invasion of Ukraine, with around $5 billion held in the U.S. The frozen Russian assets, which are predominantly held within the European Union, will generate approximately 5 billi...
Kyiv Independent (CA)
The United States is leading talks among the Group of Seven (G7) nations to develop a military aid package to Ukraine worth up to $50 billion, Bloomberg reported on May 3. The potential package would reportedly be funded by the profits generated by accrued interest on frozen Russian assets. Western countries and Kyiv's other partners have immobilized around $300 billion of Russian assets in response to the full-scale invasion of Ukraine, with around $5 billion held in the U.S. The frozen Russian assets, which are predominantly held within the European Union, will generate approximately 5 billi...
Kyiv Independent
The United States is leading talks among the Group of Seven (G7) nations to develop a military aid package to Ukraine worth up to $50 billion, Bloomberg reported on May 3. The potential package would reportedly be funded by the profits generated by accrued interest on frozen Russian assets. Western countries and Kyiv's other partners have immobilized around $300 billion of Russian assets in response to the full-scale invasion of Ukraine, with around $5 billion held in the U.S. The frozen Russian assets, which are predominantly held within the European Union, will generate approximately 5 billi...
Kyiv Independent (UK)
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