ELMAU CASTLE: G7 leaders on Tuesday condemned China’s “non-transparent and market-distorting” international trade practices in an end-of-summit statement that hit out directly at Beijing for the first time.

Elmau Castle: G7 nations on Monday ratcheted up economic pressure against Moscow with progress in talks on capping Russian oil prices and new sanctions hobbling Russia’s defence industry.

QUITO: Holding rotten peppers in her hands, Mariana Morales says she has been unable to open her stall at the Santa Clara market north of Ecuador’s capital Quito for a week.

SINTRA: Central bank chiefs and economists gather Monday evening at their annual forum in southern Portugal to discuss the best approach to the inflationary challenges exacerbated by Russia’s invasion of Ukraine.

ISTANBUL: Turkey’s beleaguered lira extended its biggest rally of the year on Monday in response to a new rule that effectively forces many banks to part with some of their foreign currency.

Tehran: Iran and the United States plan to resume indirect talks this week in a Gulf country, in a fresh bid to revive the landmark 2015 nuclear deal, both sides said Monday.

KUWAIT: Aleid Foods Company announced that it will be the exclusive authorized distributor of Freshly Foods brand products in Kuwait in all local sale outlets, central markets, and hypermarkets of various regions, in addition to restaurants and hotels.

Elmau Castle: World powers on Sunday agreed to ban gold exports from Russia, in new concerted action to cut off Moscow’s financial lifeline as G7 leaders met in southern Germany to lock down new support for Ukraine.

Elmau Castle: President Joe Biden announced Sunday a G7 project to rival China’s formidable Belt and Road Initiative by raising some $600 billion for global infrastructure programmes in poor countries.