Italy has called for companies with ties to Russia to be excluded from Ukraine’s reconstruction efforts, arguing that those who helped fund Moscow’s war should not profit from rebuilding the country they helped destroy.
Italian Prime Minister Giorgia Meloni made the remarks during a conference in Rome focused on Ukraine's economic recovery, where more than €10 billion ($11.7 billion) in pledges were announced to support the war-torn nation.
“We want to work with Ukraine to ensure that those who have contributed to financing the Russian war machine do not benefit from reconstruction,” Meloni said in her speech.
Since Russia’s invasion of Ukraine in February 2022, the European Union has imposed sweeping sanctions targeting Russian energy revenues, banks, and its defense industry.
According to a statement from the Italian Treasury, Economy Minister Giancarlo Giorgetti also raised the issue in a bilateral meeting with Ukrainian Finance Minister Serhii Marchenko, emphasizing the need to scrutinize firms still linked to Russia.
Although both have significantly reduced their exposure, Italy's two largest banks — Intesa San Paolo and UniCredit — continue to operate in Russia.
Chinese President Xi Jinping accompanied French President Emmanuel Macron to Chengdu on Friday, a rare gesture seemingly reserved for the leader of Eu...
U.S. President Donald Trump brought together the leaders of the Democratic Republic of Congo and Rwanda in Washington on Thursday to sign a peace deal...
A viral claim circulating online that Denmark requires sperm donors to have an IQ of at least 85 is misleading....
President Donald Trump has appointed a new architect to oversee the highly anticipated White House ballroom project, a White House spokesman confirmed...
Nestled in the Dolomites, Cortina d’Ampezzo is racing toward the finish line ahead of the 2026 Winter Olympic Games. Officials said on Thursday that the Olympic Village is almost ready to receive athletes competing from February 6th to the 22nd.
Pope Leo continued his visit to Türkiye in Istanbul on Thursday (27 November), following a round of meetings in Ankara. This marks his first trip outside Italy since being elected in May as the leader of the 1.4-billion-strong Catholic Church.
SSC Napoli secured a 2-0 victory over Qarabağ FK in their UEFA Champions League group stage clash at the Stadio Diego Armando Maradona in Italy.
Italy captured a remarkable third consecutive Davis Cup title on Sunday, with Matteo Berrettini and Flavio Cobolli securing singles victories in a 2-0 triumph over Spain in Bologna.
For nearly three decades following the dissolution of the Soviet Union, the international system was defined by a singular, overwhelming reality: American unipolarity.
Chinese scientists have unveiled a new gene-editing therapy that they say could lead to a functional cure for HIV, making it one of the most promising developments in decades of global research.
Faced with mounting public outrage following one of the deadliest environmental disasters in the nation’s recent history, the Indonesian government has pledged to investigate and potentially shut down mining operations found to have contributed to the catastrophic flooding on Sumatra.
Britain’s King Charles III welcomed German President Frank-Walter Steinmeier on Wednesday, marking the beginning of his three-day state visit to the United Kingdom. The visit, the first by a German President to the UK in 27 years, comes as the two countries continue to strengthen ties post-Brexit.
U.S. President Donald Trump has launched a blistering verbal attack on the Somali community, characterising migrants as "garbage" just as federal authorities prepare a contentious enforcement operation in the Midwestern state of Minnesota.
Chinese President Xi Jinping accompanied French President Emmanuel Macron to Chengdu on Friday, a rare gesture seemingly reserved for the leader of Europe’s second-largest economy, highlighting Beijing’s strategic focus on Paris in its dealings with the European Union.
U.S. President Donald Trump brought together the leaders of the Democratic Republic of Congo and Rwanda in Washington on Thursday to sign a peace deal, despite ongoing fighting in the region.
Russian President Vladimir Putin will hold summit talks with Prime Minister Narendra Modi in New Delhi on Friday, aiming to enhance trade with Russia’s leading buyer of arms and seaborne oil, as Western sanctions continue to pressure their long-standing relationship.
President Donald Trump has appointed a new architect to oversee the highly anticipated White House ballroom project, a White House spokesman confirmed on Thursday.
A bipartisan group of U.S. senators, including prominent Republican China hawk Tom Cotton, introduced the SAFE CHIPS Act on Thursday, aiming to prevent the Trump administration from easing restrictions on China’s access to advanced artificial intelligence (AI) chips for a period of 2.5 years.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment