This week’s Insider Deals are so good you’ll want all of themFinance Ministers and Central Bank Governors pose for the family picture at the G7 Finance Ministers meeting in Stresa, northern Italy, Friday, May 24, 2024. – Finance officials from the Group of Seven rich democracies said they had moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries.
“It is not an easy task but we are working on it,” he said at a news conference following the end of the meeting. Citing legal concerns, European officials have balked at outright confiscating the money and handing it to Ukraine as compensation for the destruction caused by Russia. But the proposal has run into concerns from European members about the legal complexities, and about concerns that Russia could retaliate against the diminished number of Western companies and individuals who still have holdings in Russia, or against the Euroclear securities depository in Belgium where the bulk of the funds is held.
Source: News Formal (newsformal.com)
Joe Biden Janet Yellen World News
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
G7 says will try to use frozen Russian assets to aid UkraineGroup of Seven finance chiefs discuss using income from frozen Russian assets to assist Ukraine.
Source: trtworld - 🏆 101. / 63 Read more »
New Thai finance minister has chance to improve strained central bank ties, says ex-Finance MinisterNew Thai finance minister has chance to improve strained central bank ties, says ex-Finance Minister
Source: Investingcom - 🏆 450. / 53 Read more »
Beyond Banking Apps: How Embedded Finance Is Reshaping FinanceIvo Gueorguiev, co-founder at Paynetics. Read Ivo Gueorguiev's full executive profile here.
Source: ForbesTech - 🏆 318. / 59 Read more »
Watchdog Group Calls on FEC to Investigate Sherrod Brown for Alleged Campaign Finance ViolationsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
FEC rejects left-wing group’s complaint alleging GOP lawmaker violated campaign finance lawThe Federal Election Commission dismissed a complaint from a left-wing group accusing a GOP lawmaker of illegally transferring funds from his state campaign.
Source: dcexaminer - 🏆 6. / 94 Read more »
G7 officials make progress but no final deal on money for Ukraine from frozen Russian assetsFinance officials from the Group of Seven rich democracies say they have moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries. But they left a final deal to be worked out ahead of a June summit of national leaders.
Source: AP - 🏆 728. / 51 Read more »