RIAD / WASHINGTON (Reuters) – Finance officials from the Group of 20 major economies on Saturday pledged to continue to use “all available policy tools” to combat the coronavirus pandemic and strengthen the global economy, warning that the outlook remains highly uncertain . Saudi Finance Minister Mohammed al-Jadaan wears a …
Read More »EU extends summit until Sunday after deadlock over COVID recovery plan
BRUSSELS / WARSAW (Reuters) – European Union leaders failed to agree on a massive stimulus fund to revive their coronavirus-affected economies on Saturday after two days of tense negotiations, but extended their summit for another day to try to resolve their differences. When the 27 leaders returned to their hotels …
Read More »Russia conducts military exercises in the southwest amid an outbreak between Azerbaijan and Armenia
MOSCOW (Reuters) – Russia is conducting military exercises to test its readiness for combat amid clashes between its ally Azerbaijan and Armenian forces, Russia’s Defense Minister told his Azeri counterpart on Saturday. FILE PHOTO: Russian Defense Minister Sergei Shoigu awaits a meeting of the Organizing Committee for Pobeda (Victoria) at …
Read More »US ambassador says EU criticism of Poland is “exaggerated”
WARSAW (Reuters) – The US ambassador to Poland said the European Union’s criticism of Poland’s accession to democracy is “exaggerated” as Warsaw faces cuts in EU budget funds over its judicial reforms . FILE PHOTO: US Ambassador to Poland Georgette Mosbacher watches as US Secretary of State Mike Pompeo and …
Read More »EU nations stuck in tense coronavirus recovery summit
WARSAW / ROME (Reuters) – A clash between EU leaders at a summit in Brussels on Saturday threatened to derail plans for a massive stimulus fund to bring their economies hit by the coronavirus to life. “We are at a dead end now. It is more complex than expected, “Italian …
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