G7 Nations

Germany’s half-a-trillion dollar energy bazooka may not be enough

Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war…

3 years ago

G7 price cap on Russian oil kicks in, Russia will only sell at market price

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to…

3 years ago

U.S. won’t back global tax plan with carve-outs for China -Yellen

WASHINGTON, June 16 (Reuters) - The United States will not agree to any type of special treatment for China or…

4 years ago

G7 eyes allocating $100 bln from IMF funds to COVID-ravaged nations-US

The United States and other Group of Seven nations are considering reallocating $100 billion from the International Monetary Fund's warchest…

4 years ago

Analysis: As Fed taper looms, global central banks eye their own exits from stimulus

Haunted by memories of past U.S. interest rate hikes, the world's central banks are laying the groundwork for a transition…

4 years ago

U.S. to donate 500 million Pfizer doses to poor nations

The United States will spend $3.5 billion to buy and donate 500 million doses of the Pfizer (PFE.N) coronavirus vaccine…

4 years ago