Germany's Merkel hopes for G7 infrastructure plans in 2022

CARBIS BAY, England: German Chancellor Angela Merkel on Sunday said she hoped that a new Group of Seven task force can present first infrastructure projects in developing countries in 2022.to China's multi-trillion-dollar Belt and Road initiative.US President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World 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."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."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.

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.

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

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