Tag Archives: InternationalCooperation

G7 Pledges $50 Billion Loan to Ukraine Backed by Russian Assets

G7 Pledges  Billion Loan to Ukraine Backed by Russian Assets

President Joe Biden, accompanied by an honor guard, makes his arrival at Brindisi Airport in anticipation of the G7 summit in Puglia, Italy, on June 12, 2024. (Photo credit: Kevin Lamarque, Reuters)

G7 leaders are finalizing a deal to lend Ukraine $50 billion, with the funds potentially reaching Kyiv by year-end, according to a French official. The loan will primarily be guaranteed by the US government, using windfall profits from approximately $300 billion in frozen Russian assets, most of which are held in European Union nations. The […]

Putin and Xi’s ‘No-Limits’ Friendship to be Tested During State Visit to China

Putin and Xi’s ‘No-Limits’ Friendship to be Tested During State Visit to China

Vladimir Putin and Xi Jinping, the presidents of Russia and China, in October. They will meet in Beijing this week to discuss trade. Photograph: Sputnik/Reuters

Russia and China, facing challenges from the West, seek to further distance themselves from Western influence. Vladimir Putin is set to visit Beijing to meet Xi Jinping, aiming to strengthen their most important international relationship. Vladimir Putin, having secured a mandate to extend his rule in Russia for three decades, is expected to travel to […]