Russia sanctions, energy, food security among top topics at 2022 G7 Summit

Leaders of the Group of Seven rich democracies met for their three-day annual summit this week at a luxury castle resort in the Bavarian Alps in southern Germany. Here are some of the highlights on what the G7 agreed on Tuesday, the final day of the summit: RUSSIA SANCTIONS “We will explore further measures to… Read More Russia sanctions, energy, food security among top topics at 2022 G7 Summit

Italy strongly supports Sweden and Finland’s NATO membership bid

Rome strongly supports Finland’s and Sweden’s application to join NATO and is willing to speed up any internal procedures for the two countries to join the alliance as soon as possible, Italian Prime Minister Mario Draghi said on Wednesday. “The application for NATO membership is a clear response to the Russian invasion of Ukraine and… Read More Italy strongly supports Sweden and Finland’s NATO membership bid

Italy seizes villas, yachts belonging to Russian oligarchs

Italian police have seized villas and yachts worth 143 million euros (an equivalent of $156 million) from five high-profile Russians who were placed on sanctions lists following Moscow’s attack on Ukraine, the government said on Saturday. The luxury properties were sequestered in some of Italy’s most prestigious retail estate locations – the island of Sardinia,… Read More Italy seizes villas, yachts belonging to Russian oligarchs

EU slaps new sanctions on Russia over Ukraine crisis

The European Union agreed new sanctions on Russia that will blacklist more politicians, lawmakers and officials, ban EU investors from trading in Russian state bonds, and target imports and exports with separatist entities. However, EU foreign ministers chose not to sanction Russian President Vladimir Putin, the EU’s foreign policy chief Josep Borrell said following a… Read More EU slaps new sanctions on Russia over Ukraine crisis

Italian PM Mario Draghi calls for U.S., UK to lift block on export of coronavirus vaccines

Italian Prime Minister Mario Draghi said on Wednesday that the United States and Britain should lift their block on the export of COVID-19 vaccines. Draghi told the lower house of parliament he shared the aim behind U.S. President Joe Biden’s call for a waiver of patents on coronavirus vaccines, adding that a temporary suspension would… Read More Italian PM Mario Draghi calls for U.S., UK to lift block on export of coronavirus vaccines