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G7 Aims To Raise $600 Billion To Counter China's Belt And Road

Group of Seven leaders pledged on Sunday to raise $600 billion in private and public funds over five years to finance needed infrastructure in developing countries and counter China's older, multitrillion-dollar Belt and Road project.
Demonstrators take part in an anti-NATO protest ahead of the NATO summit, which will be held on June 28 and June 30 in Madrid, Spain, June 26, 2022.

Thousands Protest In Madrid Against NATO Summit

Carrying the hammer and sickle flags of the former Soviet Union, thousands protested in Madrid on Sunday against a NATO summit which will take place in the Spanish capital next week.
The clock on Spasskaya tower showing the time at noon, is pictured next to Moscow?s Kremlin, and St. Basil?s Cathedral, March 31, 2020.

Russia Pitches Into First Major External Bond Default In Century

Russia defaulted on its foreign sovereign bonds for the first time since the Bolshevik revolution, as sweeping sanctions effectively cut the country off from the global financial system and rendered its assets untouchable to many investors.
Smoke rises after a missile strike in Kyiv, Ukraine, June 26, 2022.

Russian Missiles Kill One And Wound Six In Kyiv, Ukraine Says

Russian missiles struck a residential building and the compound of a kindergarten in central Kyiv on Sunday, killing one person and wounding six more, officials said, as Moscow stepped up its air strikes on Ukraine for a second day.
Ukrainian service members rest among trees, as Russia's attack on Ukraine continues, outside the city of Sievierodonetsk, Ukraine June 19, 2022. Picture taken June 19, 2022.

Russian Missiles Shake Kyiv As World Leaders Gather In Europe

Russian missiles struck the Ukrainian capital Kyiv on Sunday, a day after a key eastern city fell to pro-Russian forces in a major set-back for Ukraine and as world leaders gathered in Europe to discuss further sanctions against Moscow.
U.S. President Joe Biden walks with Bavaria's State Premier Markus Soeder past people in traditional Bavarian clothes as Biden arrives for a G7 summit aboard Air Force One at Munich International Airport near Munich, Germany June 25, 2022.

Biden Urges G7 To Stay Together As Leaders Target Russian Gold

U.S. President Joe Biden told allies "we have to stay together" against Russia on Sunday as G7 leaders gathered for a summit set to be dominated by war in Ukraine and its impact on food and energy supplies and the global economy.
Afghan women carry water containers through the debris of damaged houses after the recent earthquake in Wor Kali village in the Barmal district of Paktika province, Afghanistan, June 25, 2022.

Taliban Calls For Release Of Frozen Funds After Deadly Earthquake

Afghanistan's Taliban administration on Saturday called on international governments to roll back sanctions and lift a freeze on central bank assets following the earthquake that killed more than 1,000 people and left thousands homeless.

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