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    G7 leaders pledge $600 billion for developing countries amid Ukraine war

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    By News Desk on June 27, 2022 Europe, News Briefing, Politics, World News
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    G7 leaders pledge $600 billion for developing countries amid Ukraine war

    France24 says US PRESIDENT Joe Biden told allies “we have to stay together” against Russia on Sunday as G7 leaders gathered for a summit dominated by war in Ukraine and its impact on food and energy supplies and the global economy.

    At the start of the meeting in the Bavarian Alps, four of the Group of Seven rich nations moved to ban imports of Russian gold to tighten the sanctions squeeze on Moscow and cut off its means of financing the invasion of Ukraine.

    But it was not clear whether there was G7 consensus on the plan, with European Council President Charles Michel saying the issue would need to be handled carefully and discussed further.

    Britain, the United States, Japan and Canada agreed the ban on new Russian gold imports, the British government said on Sunday.

    Read on

    https://www.france24.com/en/europe/20220626-g7-starts-amid-ukraine-war-stagflation-risk

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