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G-7 mulls weaker climate pledge amid energy crisis

Leaders of the wealthy G-7 nations are reconsidering a pledge to stop financing fossil fuel projects abroad as countries struggle to replace Russian energy imports, according to…

India, EU resume free trade talks after 9-year gap

India and the European Union resumed talks Monday on a free-trade deal after a nine-year gap, as Western countries seek to wean New Delhi off its close…

Volatile ruble pares intraday losses as Russia slips into default zone

The Russian ruble pared early losses in volatile Moscow trade on Monday as Russia looked set for its first sovereign default in decades after some bondholders said…

Moscow tightens economic grip on southern Ukraine

Little appears to have changed for Alexei Andrusenko, the head of a foundry in Ukraine’s southern city of Berdyansk, who is happy to have kept all his…

Turkey’s investments in Algeria reach $5B

Turkish investments in Algeria have reached $5 billion and continue to increase, the vice president said Saturday. Fuat Oktay’s statements came as he met Turkish workers at…

G-7 to raise $600B for project rival to China’s Belt & Road

The Group of Seven countries plans to raise $600 billion for an infrastructure program rival to China’s Belt and Road Initiative. The United States aims to raise…

UK’s Johnson says he wants to protect steelmakers from energy costs

British Prime Minister Boris Johnson said on Sunday it was reasonable to consider ways of protecting British steelmakers against surging energy costs which are less of a…

Turkey ‘investigating’ claims Russia shipping stolen Ukrainian grain

Turkey is investigating allegations that Ukrainian grain has been stolen by Russia and will not allow any such grain to be brought to the country, its top…

US welcomes Turkey’s efforts to broker Ukraine grain transit deal

The United States welcomes Turkey’s involvement in brokering an agreement to get grain that has been trapped at Ukrainian ports amid the Russian invasion out of the…

Johnson mulls UK’s willingness to demine, help export Ukraine grain

Britain is willing to assist with the demining operations off Ukraine’s southern coast and is considering offering insurance to ships to move millions of tons of grain…