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Added on the 02/12/2022 10:49:52 - Copyright : Euronews EN
Ministers from G7 top economies on Thursday reached consensus on steps towards an accord on taxing digital giants, an issue that has divided the United States and its allies Britain and France. French Finance Minister Bruno Le Maire, who hosted the two-day meeting in Chantilly outside Paris, hailed the consensus as 'a major step forward'. SOUNDBITE
Oil producing nations agree to extend cap on oil production for an additional nine months until the end of 2018. SOUNDBITE
President of the European Commission Ursula von der Leyen says Russia is losing "around 160 million euros a day" from oil price cap. SOUNDBITE
Kherson's oil terminal is still burning a day after it was shelled by Russian forces who fired across the Dnipro river. IMAGES
French President Emmanuel Macron attends a virtual emergency summit of G7 leaders alongside Ukrainian President Volodymyr Zelensky to discuss the large-scale Russian bombardment of Ukrainian territory the previous day. IMAGES
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
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