G-7 nations face threat of Russia shutting down more gas

Russian President Vladimir Putin makes a toast as he takes part in the XIV BRICS summit in virtual format via a video call, in Moscow on June 23, 2022. Michael Metzel | AFP | Getty Images The Group of 7 nations need to brace for a complete shutdown of Russian gas pipelines in the near … Read more

Germany returns artefacts taken from Africa during colonial rule | News

Priceless artefacts taken from Cameroon, Namibia and Tanzania during colonial times will be permanently returned, Germany says. Priceless artifacts removed and looted from African nations during Germany’s colonial period will be permanently returned, officials said. The Berlin-based Prussian Cultural Heritage Foundation, which manages the German capital’s many museums, said on Monday it had entered into … Read more

G-7 set to back pursuing Russian oil price cap, tariff hikes

ELMAU, Germany (AP) — The Group of Seven economic powers are set to commit themselves to supporting Ukraine for the long haul, with the US preparing to announce the purchase of an advanced surface-to-air missile system for Kyiv. Leaders are also set to announce an agreement to pursue a price cap on Russian oil, raise … Read more

European markets open to close, data, earnings, G-7, Ukraine

LONDON — European stocks moved higher on Monday, continuing a positive trend seen at the end of last week’s trading. The pan-European Stoxx 600 index added 0.7% in early trade, with basic resources jumping 2.9% to lead gains as all sectors and major bourses entered positive territory. The higher open on Monday comes after the … Read more

G7 launches $600bn infrastructure plan to counter China | News

The G7 Partnership for Global Infrastructure and Investment will help finance infrastructure projects in developing nations. The leaders of the Group of Seven (G7) nations have pledged to raise $600bn in private and public funds over five years to finance infrastructure in developing countries and counter China’s older, multitrillion-dollar Belt and Road project. US President … Read more

Biden urges Western unity on Ukraine amid war fatigue

ELMAU, Germany (AP) — President Joe Biden and western allies opened a three-day summit in the Bavarian Alps on Sunday attempt on keeping economic fallout from the war in Ukraine from fracturing the global coalition working to punish Russia’s aggression. Britain’s Boris Johnson warned the leaders not to give in to “fatigue” even as Russia … Read more

Russian missiles hit Kyiv as G7 summit begins in Europe

CNN — Russia targeted the Ukrainian capital of Kyiv with a series of missile attacks Sunday, as leaders of the G7 nations gather in Germany for the first day of their annual summit. The chief of Ukraine’s national police force, Ihor Klymenko, said one person died and five were wounded in a Russian missile strike … Read more

Thousands of protesters arrive as G7 convenes in Germany | Food News

The agenda of the summit in Munich includes Russia’s war on Ukraine, climate change, energy and a looming food security crisis. About 4,000 protesters gathered in Munich as the Group of Seven (G7) leading economic powers prepared to hold their annual gathering in Germany’s Bavarian Alps. Organizers said they hoped to mobilize up to 20,000 … Read more

Biden arrives in Europe to keep allies united against Russia as a grinding war in Ukraine takes its toll

Telfs Buchen, Austria CNN — President Joe Biden arrived in Europe Saturday for a week of summits, where the grinding war in Ukraine – entering its fifth month and fading from Americans’ attention – will be thrust back to the forefront. The President touched down in Germany late Saturday local time. Biden hopes to announce … Read more

The race to make green hydrogen competitive is on

One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it “green” hydrogen. Alex Krauses | Bloomberg | Getty Images Siemens Energy and Air Liquide have announced plans to set up a joint … Read more