China denounced on Monday a joint statement by the Group of Seven leaders that had scolded Beijing over a range of issues as a gross interference in the country’s internal affairs, and urged the grouping to stop slandering China. The G7 leaders on Sunday took China to task over human rights in the heavily Muslim… Read More China denounces G7 statement over criticism on several issues
G7 leaders agreed on Sunday to raise their contributions to meet an overdue spending pledge of $100 billion a year by rich countries to help poorer countries cut carbon emissions and cope with global warming, but only two nations offered firm promises of more cash. Alongside plans billed as helping speed infrastructure funding in developing… Read More G7 leaders agree to increase contributions to boost climate finance
China on Sunday pointedly cautioned Group of Seven leaders that the days when “small” groups of countries decided the fate of the world was long gone, hitting back at the richest democracies as they sought to act in concert to counter Beijing’s might. The re-emergence of China as a leading global power is considered to… Read More China cautions G7 leaders over global power rivalry
The Group of Seven richest democracies sought on Saturday to counter China’s growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping’s multi-trillion-dollar Belt and Road initiative. The G7, whose leaders are meeting in southwestern England, has been searching for a coherent response to the growing assertiveness of Xi after… Read More G7 seeks to counter China with grand infrastructure plan
Ukrainian President Volodymyr Zelenskiy extended sanctions against companies and politicians blamed by Kyiv for involvement in Russian aggression against Ukraine, his office said on Friday. The list of hundreds of entities includes Russian television channels, news agencies, newspapers, consulting companies, online payment system WebMoney, and leaders of pro-Russian separatists. They are prohibited from conducting business… Read More Ukraine imposes sanctions on pro-Russian individuals and companies
The World Economic Forum has cancelled its annual meeting – the blue riband event for the global elite to discuss the world’s problems – due to be held in Singapore later this year, the organisers said on Monday. The COVID-19 pandemic meant it was not possible to hold such a large event as planned on… Read More World Economic Forum cancels 2021 annual meeting
Four people were stabbed on Monday in a supermarket in Dunedin on New Zealand’s South Island, police said after detaining the man believed to have been responsible. Prime Minister Jacinda Ardern said the incident did not appear to be a terror-related attack, for which authorities have been on alert since 2019, when a white supremacist… Read More Four injured, suspect detained following knife attack at supermarket in New Zealand
Cryptocurrency ether hit a record high of $3,017 on Monday, extending last week’s rally in the wake of a report that the European Investment Bank (EIB) could launch a digital bond sale on the ethereum blockchain network. Ether rose 2% on the Bitstamp exchange to hit the milestone early in Asia trade. It is up… Read More Ethereum hits all-time record exchange rate above $3000
