Explainer: What is the G7’s $50 billion loan plan for Ukraine?
The Group of Seven rich democracies have agreed to use proceeds from frozen Russian assets to give Ukraine $50 billion in loans, aiming to ensure Kyiv can continue its fight against Russia’s invasion and to signal Western resolve to Moscow. Leaders of the G7 – Britain, Canada, France, Germany, Italy, Japan and the United States – agreed to the […]
Trump, Biden aide woo corporate America executives
U.S. Republican presidential candidate Donald Trump and Jeff Zients, U.S. President Joe Biden’s White House chief of staff, on Thursday met with top American business leaders in Washington as they seek to curry favor with corporate America months ahead of elections, two sources said. Trump was interviewed by conservative commentator Larry Kudlow, who served as […]
What EU election results mean for markets – in charts
Gains for the far-right in European Parliament elections that prompted French President Emmanuel Macron to call a shock national vote puts the focus squarely back on political risks in Europe that financial markets had long put on the backburner. The euro, French stocks and government debt were all hurt on Monday as investors assessed whether the far-right can repeat their success […]