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Yellen urges ‘more ambitious’ G7 plans for Russian assets

From kuwaittimes.com

US Treasury Secretary Janet Yellen on Thursday urged G7 ministers meeting in Italy to work on “more ambitious options” to use frozen Russian assets to help Ukraine. The ministers and central bankers from the Group of Seven world powers are meeting in Stresa, on the shores of northern Italy’s Lake Maggiore, to prepare for a summit of G7 heads of state next month in Puglia. Separately, she said they would also discuss what she considers to be “over-capacity” of key green technologies such as electric vehicles, batteries and solar panels. Top of the agenda is a plan to finance crucial aid to Ukraine using the interest ... (full story)

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