By Jeff Mason and Katya Golubkova HIROSHIMA, Japan (Reuters) -The United States and other rich democracies said on Saturday that countries attempting to use trade as a weapon would face “consequences”, sending a strong signal to China over practices Washington has long said amount to economic bullying. The leaders of the Group of Seven (G7)…
By Richard Cowan, Moira Warburton and Jeff Mason WASHINGTON/HIROSHIMA, Japan (Reuters) -A second meeting on Friday between White House and Republican congressional negotiators on raising the federal government’s $31.4 trillion debt ceiling broke up with no progress cited by either side and no additional meeting set. That came at the end of a day of…
By Djaffar Sabiti GOMA, Democratic Republic of Congo (Reuters) – Four men with machetes were hard on their heels as a group of women raced through the dense forest surrounding east Congo’s city of Goma, desperate to reach a displacement camp they had left to collect firewood. One tripped on a stone and fell. She…
TOKYO (Reuters) – Group of Seven leaders on Saturday agreed to a new initiative to counter economic coercion, and pledged action to ensure that any actors attempting to weaponise economic dependence would fail and face consequences. The initiative, dubbed Coordination Platform on Economic Coercion, will use early warning and rapid information sharing on economic coercion…
