G7, Germany

G7, Germany

Germany's Merkel hopes for G7 infrastructure plans in 2022

Germany's Merkel hopes for G7 infrastructure plans in 2022

13/6/2021 4:25:00 PM

Germany 's Merkel hopes for G7 infrastructure plans in 2022

CARBIS BAY, England: German Chancellor Angela Merkel on Sunday (Jun 13) said she hoped that a new Group of Seven (G7) task force can present first ...

BookmarkCARBIS BAY, England: German Chancellor Angela Merkel on Sunday (Jun 13) said she hoped that a new Group of Seven (G7) task force can present first infrastructure projects in developing countries in 2022.The world's seven most advanced economies signalled during the summit a desire to

Hong Kong court to give first national security trial verdict 'So proud': Philippine weightlifter Diaz hailed for historic Olympic gold 136 new locally transmitted COVID-19 cases in Singapore, including 55 unlinked

to China's multi-trillion-dollar Belt and Road initiative.AdvertisementAdvertisementUS President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will help narrow the US$40 trillion needed by developing nations by 2035, the White House said.

It was not immediately clear how exactly the plan would work or how much capital it would ultimately allocate.The G7 had recognised that they had to deliver support for the development of poorer countries, Merkel said at a news conference.Advertisement headtopics.com

Advertisement"For countries in need of development, only concrete projects count," she said."I hope that we will be able to present such projects already during the next G7 summit, which will be in Germany."Germany will take over the G7 presidency from Britain next year.

On the issue of exiting the use of carbon dioxide-polluting coal, Merkel said that finding a concrete, joint date for ending its usage had not been possible.AdvertisementA draft of the summit's final declaration, seen by Reuters, said there was an intention to get out of coal to most extents.

It also pledgedsupport of US$100 billion annuallyfor developing countries to support them in their fight against climate change, for which Germany raised its contribution promises.On the issue of forced labour, Merkel, referring to China as an example, said the G7 had clearly stated what it considered to be deficits.

"In many international locations, democracy cannot be lived in the way that we imagine and where there is human suffering," she said. Read more: CNA »

Boyfriend/girlfriend category under Familial Ties Lane removed because it was being abused: Shanmugam

SINGAPORE — The Immigration and Checkpoints Authority (ICA) quickly removed a provision that allowed boyfriends or girlfriends of Singapore citizens and permanent residents to enter the country when it saw that it was likely being abused, Law and Home Affairs Minister K Shanmugam said on Monday (July 26).

Being cancer-stricken and begging CPF Board to repay overdue debt; that which in any case cannot be done as the money had been commingled and funneled to private entity Temasek Holdings for Ho Ching to wager on unviable, untenable and ultimately, invariably doomed gambles

Merkel welcomes better COVID-19 situation but Delta variant a worryBERLIN (Reuters) -A recent improvement in the number of new coronavirus cases in Germany was pleasing, Chancellor Angela Merkel said on Thursday but she warned that the pandemic was not over and the risk from the Delta variant, widespread in Britain, was worrying. 'The development in terms of numbers is extremely gratifying,' Merkel told reporters after talks with leaders of Germany 's 16 federal states. 'But we must not forget that the coronavirus has not disappeared and what worries us is the so-called Delta variant which has spread in Britain,' she added.

G7 to counter China's belt and road with infrastructure project: Senior US officialCARBIS BAY, England: The Group of Seven rich nations will announce on Saturday (Jun 12) a new global infrastructure plan as a response to China's ...

US, China clash as Biden debuts at G7WASHINGTON: The United States and China clashed in rare talks on Friday (Jun 11) as President Joe Biden made his international debut at the Group ... Ban china made in myanmar SaveMyanmar

UK's Johnson touts solidarity at G7 but cuts overseas aidPrime Minister Boris Johnson is championing solidarity at the G7 summit, defying criticism of cuts to UK foreign aid by sharing millions of doses ...

G7 summit outlines health pact to stop future pandemicsCARBIS BAY, United Kingdom: G7 leaders are on Saturday (Jun 12) set to agree a joint declaration aimed at preventing another pandemic, as they ...

India's vaccine drive: Stories from the best and worst districtsIndia's effort to vaccinate its people has had varying success across regions because of various issues, from planning to infrastructure to misinformation.