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In a Facebook post on Sunday on its official page expressing outrage, the Russian embassy accused Zelensky of attempting a “last resort to persuade the Global South” to join the Switzerland summit, which it called “bizarre”.
Russia's annual economic forum in St. Petersburg used to be known as the country's "Davos" in a nod to the World Economic Forum that's held in Switzerland every year.
Ukrainian President Volodymyr Zelenskyy's very public criticism of China over its relationship with Russia and cool stance toward a forthcoming peace summit could end up backfiring on Kyiv, analysts say.
FRANKFURT (Reuters) -- The European Central Bank went ahead with its first interest rate cut since 2019 on Thursday, citing progress in tackling inflation even as it acknowledged the fight was far from over.
HONG KONG -- Singaporean and Swiss financial institutions are making pitches to win more Hong Kong clients as concerns over geopolitical tension between China and the U.S. open doors.
OTTAWA, Canada (Reuters) -- The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 4.75%, in a widely expected move that marked its first cut in four years, and said more easing was likely if inflation continued to ease.
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 4.75%, in a widely expected move that marked its first cut in four years, and said more easing was likely if inflation continued to ease.