Read the latest news from regional and global sources, presenting different voices and perspectives.
Central Bank Independence ‘Crucial’ – G20
News Central TV
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July 19, 2025
G20 finance ministers emphasised the crucial importance of central bank independence on Friday, a direct message delivered after months of escalating criticism from US President Donald Trump directed at Federal Reserve Chair Jerome Powell. This...
EU implements 18th sanctions package on Russia
News.Az
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In response to Russia's ongoing aggression in Ukraine, the European Union (EU) has unveiled its 18th sanctions package. Despite a weeks-long hold-up due to Slovakia's blockade, EU member state representatives reached an agreement in Brussels on...
EU and UK lower price cap on Russian oil to curb Kremlin’s war on Ukraine
The Guardian
·
July 18, 2025
The EU and the UK have agreed to lower the price cap on Russian oil in a move to further clamp down on the Kremlin’s ability to wage war on Ukraine. The EU has agreed to lower the cap on seaborne oil exports to $47.60 from $60 a barrel as part of...
EU sanctions Rosneft’s Nayara refinery in Gujarat; lowers Russian oil price cap to $47.6 per barrel
ETEnergyworld.com
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July 18, 2025
RepresentationalNew Delhi: The European Union has sanctioned the Rosneft-owned Nayara Energy’s 20 million metric tonne refinery in Vadinar, Gujarat, and reduced the price cap on Russian oil to USD 47.6 per barrel from the earlier USD 60, in a...
G20 finance ministers reach consensus on key economic issues
Al Jazeera
·
July 18, 2025
The finance ministers of the Group of 20 have finally reached a consensus following meetings in South Africa, emphasising that central banks must remain independent in reaction to months of attacks by United States President Donald Trump. In their...
EU Approves Fresh Russia Sanctions, Lowers Oil Price Cap
StratNews Global
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July 18, 2025
Home Europe EU Approves Fresh Russia Sanctions, Lowers Oil Price Cap The EU sanctions package also has a ban on transactions related to Russia's Nord Stream gas pipelines under the Baltic Sea and on Russia's financial sector. The European Union...
EU targets Indian refinery in new round of sanctions over Russian oil trade
The New Indian Express
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NEW DELHI: In a renewed effort to put economic pressure on Russia, the European Union on Friday unveiled a fresh package of sanctions, which includes lowering the price cap on Russian crude oil and sanctioning Nayara Energy Ltd, an India-based...
EU and UK lower price cap on Russian oil in bid to curb Kremlin’s war on Ukraine
The Guardian
·
July 18, 2025
The EU and the UK have agreed to lower the price cap on Russian oil in a move to further clamp down on the Kremlin’s ability to wage war on Ukraine. The EU has agreed to lower the cap on seaborne oil exports to $47.60 from $60 a barrel as part of...
Gita Gopinath bids farewell to IMF as she returns to academia
IOL
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The International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, has announced that Gita Gopinath, the current First Deputy Managing Director (FDMD), will be leaving the organisation at the end of August. After more than four years...
The illusion of fiscal discipline
The Hindu Business Line
·
July 22, 2025
The control of fiscal deficits — primarily by restraining or reducing government expenditure — has been an article of faith for economic policy makers for several decades now. The Washington Consensus that made this one of the central tenets of...
UN to launch ‘disinformation’ taskforce to silence critics of globalist Agenda 2030
LifeSite
·
July 18, 2025
(The Sociable) — The United Nations is creating a taskforce that will focus on the effects of what it considers to “be mis- and disinformation” about the globalist organization’s ability to deliver on its mandate. The announcement to create the...
G20 Finance Track meetings to address trade uncertainty and global economic imbalances
IOL
·
July 15, 2025
The G20 Finance and Central Bank Deputies meeting on Monday outlined how the upcoming discussions will revolve around enabling a conducive environment for constructive dialogue on pivotal global trade issues. This comes as the United States, the...
EU tightens sanctions on Russian oil and banks
Helsinki Times
·
July 18, 2025
The European Union has approved a new sanctions package targeting key sectors of the Russian economy, including oil exports and financial institutions. Eero Sauramäki, unit manager at Fintraffic’s traffic management centre, said that drivers...
Texas trade experts speak on impacts of President Trump’s EU tariff plans
KTRE - Texas
·
July 19, 2025
TYLER, Texas (KLTV) - Two members of the European American Chamber of Commerce Texas spoke to East Texas Now’s Leo Quevedo about the possible impacts of EU tariffs announced by President Trump. Trump said last Saturday he will levy tariffs of 30%...
EU rolls out 'strongest' sanctions package yet on Russia
Al Mayadeen
·
July 18, 2025
Brussels expands scope of restrictions to include third-party facilitators and key Kremlin-linked assets amid ongoing Ukraine war. The European Union (EU) has adopted its most sweeping sanctions package against Russia to date. The latest measures,...
China mulls measures to boost economy
Daily Star
·
July 19, 2025
China has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation". Growth hit 5.2 percent in the second quarter, official data...
EU imposes fresh sanctions on Russia, how will it impact India? New Delhi may benefit as...
DNA India
·
With the sole objective of cutting the war-funding and bringing Russia to its knees and ruining its economy forever, the 27-nation bloc on Friday announced a slew of stiff sanction measures against Russia, including a lower oil price cap, a ban on...
EU Bans India And Turkey From Profiting From Russian Oil Product Supplies
Charter 97
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"The back door is closed. The 18th package of sanctions approved by the EU countries envisages a ban on imports from third countries of refined products derived from Russian oil. The main suppliers are India, where Rosneft operates a half-owned...
G20 nations agree central bank independence 'crucial'
KNDU - Washington State
·
July 18, 2025
The G20 nations stressed Friday that central banks must remain independent, after months of escalating attacks by US President Donald Trump on Federal Reserve boss Jerome Powell. The US leader has repeatedly lashed out at Powell for not lowering...
EY Report Says Italy’s GDP Could Fall 1.4 Percent If U.S. Tariffs Hit 30 Percent
WWD - New York
·
July 19, 2025
MILAN – There are still a lot of ifs, but failure to negotiate U.S. President Donald Trump‘s 30 percent tariffs on European goods by the Aug. 1 deadline could reverse Italian economic growth forecasts for 2025. According to EY‘s recent Parthenon...