Tag: G7

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US debt standoff overshadows G7 finance leaders’ meeting

A standoff in Washington over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders' starting on Thursday, heightening...

China and US debt woes may dominate G7 finance chiefs’ talks

China will be the elephant in the room at this week's meeting of Group of Seven (G7) finance leaders, who will seek to diversify...

G7 to discuss digital currency standards, crypto regulation

Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC) consistent with appropriate international...

Yellen to push for ‘speedy’ action on debt relief for Zambia, Ghana

U.S. Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Zambia and Ghana for restructuring of their sovereign debts,...

Oil edges up on US pipeline restart uncertainty, Russian supplies

Oil prices rose as much as more than 1% on Monday as a key pipeline supplying the United States remained shut while Russian President Vladimir...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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