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Added on the 05/10/2017 20:16:45 - Copyright : France 24 EN
Speaking at a press conference alongside the EU's High Representative for Foreign Affairs, Josep Borrell, European Commission President, Ursula von der Leyen, reveals a new round of sanctions against Moscow over its latest "escalation" in Ukraine. The new sanctions include a cap on the price of Russian oil and a ban on exports from the country worth seven billion euros ($7 billion). The announcement comes as the Kremlin-installed leaders of Russian-held regions in Ukraine have been claiming victory in what Von der Leyen describes as "sham" referendums on joining the Russian Federation. SOUNDBITE
EU Commission chief Ursula von der Leyen says Russia 'must pay and must be held accountable' for the war in Ukraine. 'For us it's important that we have the political will to make Russia pay for what it did to Ukraine', at the end of a Ukraine-EU summit in Kyiv. SOUNDBITE
Speaking in a video message to world leaders after ill health prevented her from travelling to the COP26 summit in Glasgow, Queen Elizabeth II says that 'when nations come together in common cause, there is always room for hope.' IMAGES
Venice, Jul 9 (EFE) .- (Camera: Álvaro Padilla) The French Minister of Economy, Bruno Le Maire, said on Friday in Venice that he will ask the finance ministers and governors of the G20 central banks to agree on a global minimum tax for companies bigger than 15%.FOOTAGE OF THE ARRIVAL AT THE G20 MEETING OF THE FRENCH MINISTER OF FINANCE, BRUNO LE MAIRE.SOUNDBITESTRANSLATION "France accepted that the minimum corporate tax was at least 15% in the final G7 declaration. We want this minimum corporate tax rate to be higher than 15%, that will be the position that I will defend here today."
"We’re working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom," says US Treasury Secretary Janet Yellen in remarks to the Chicago Council of Global Affairs think tank. SOUNDBITE