Leaders of the Group of Seven have committed to helping Ukraine in meeting its “urgent financing needs” and to participate in its post-war recovery following an online summit on 24 February. Source: G7 Leaders’ Statement, cited by European Pravda The G7 leaders emphasise that Russia “must not succeed in wrecking Ukraine’s economy to make up […]
German Finance Minister Christian Lindner is against spending more on defence beyond NATO’s target of 2% of gross domestic product (GDP). “Given the size of the German economy, 2% of defence spending is sufficient. We must decide over the next years, but maintaining 2% is already challenging,” Lindner told a panel discussion before the official […]
Jan. 10—Hawaiian Electric officials said Tuesday that its power generation is now stable after rolling blackouts temporarily cut electricity to about 120,000 customers on Oahu Monday night. “Hawaiian Electric will have sufficient generating capacity to meet customer demand for energy on Oahu tonight and does not anticipate the need to implement rolling outages,” the company […]