Tokyo/London – After the start of the Russia-Ukraine war, the economies of the ‘G7’ group, which have been warning of weakening the Russian economy by imposing sanctions on the country, are weakening. A few days ago, it became evident that Europe’s top economy, Germany, has slipped into recession. Now, both Japan and the UK have […]
Moscow/Washington – Russia has warned that if the G7 group, including the US, tries to confiscate Russian assets abroad and use them for Ukraine, Russia’s response will be ‘tit for tat’. These efforts initiated by Western countries will be challenged at the legal level and may weaken the foundation of the global economy, President Vladimir […]
Hiroshima – Prime Minister Narendra Modi has arrived in Hiroshima, Japan, and will participate in the G7 meeting. The Prime Minister will then visit Papua New Guinea and Australia. The G7 meeting expects to have serious discussions against China’s hegemonic activities, including the Russia-Ukraine conflict. Therefore, the presence of the Prime Minister of India in […]
New Delhi: The G7 countries, the United States, Canada, United Kingdom, France, Germany, Italy and Japan, have imposed a price cap, meaning a sealing on the selling price of the fuel exported by Russia. According to this, other countries purchasing Russian fuel can purchase it at a rate of only $60 per barrel. But the […]
Washington/Moscow: The World Bank claimed that the G7 countries alone are incapable of capping the prices of Russian oil and that participation from more countries would be needed. The World Bank report argues that such a mechanism to control oil prices is unprecedented and poses a significant risk. Against the backdrop of the World Bank […]
Washington/Moscow: The G7 members have concurred over the proposal to cap the tariffs on fuel exports from Russia. A statement has been released that a decision was taken in this regard during the meeting held on Friday. It revealed that tariffs were going to be capped to prevent Russia from funding its ongoing military operation […]
Berlin: A meeting of the G7 countries, consisting of the most developed and rich countries in the world, was recently held in Germany. The conflict in Ukraine and its aftermath were discussed in the meeting. The G7 has not had much success in resolving the crisis that has befallen European countries, which are facing direct […]
Berlin/Beijing: The G7 group announced an investment of USD 600 billion to pose a challenge to the ambitious Chinese scheme ‘Belt and Road Initiative’ (BRI). The plan is named ‘Partnership for Global Infrastructure and Investment’. This G7 scheme is believed to be a part of the Build Back Better World scheme announced last year. As […]
New Delhi: Prime Minister Modi left on Saturday for the G7 meeting to be held in Germany. The Prime Minister informed that he would be discussing the issues of energy, food security, counter-terrorism actions, democracy and climate with the G7 countries. The Prime Minister said that detailed discussions would be held with the leaders of […]
Moscow: Russian President Vladimir Putin criticised the G7 countries that the inflation flaring worldwide is not a sudden development. This is the outcome of the incorrect policies implemented by the G7 countries over the last several years. This is not a result of the Russian attack on Ukraine. Criticism is being made that inflation and […]