NATO interesting latest news

Press Release 19 May 2023

NATO Deputy Secretary General attends the 2023 Spring Session of the NATO Parliamentary Assembly On Monday, 22 May 2023, the NATO Deputy Secretary General, Mr. Mircea Geoană, will take part in the 2023 Spring Session of the NATO Parliamentary Assembly (NPA). The event will take place in Luxembourg. Mr. Geoană will address the Session's Plenary Sitting and participate in a Q&A session, moderated by the President of the NATO Parliamentary Assembly, Mrs Joelle Garriaud-Maylam. Media advisory 9:55 - 11.25 (CEST)       Speech by the NATO Deputy Secretary General followed by Q&A session Media coverage The Deputy Secretary General’s intervention will be streamed live on the NATO website. A transcript of his remarks, as well as pictures taken by NATO photographers, will be available on the NATO website. More information about the event is available on the NPA website. NATO Secretary General meets the Prime Minister of Latvia On Wednesday 24 May 2023, the NATO Secretary General, Mr. Jens Stoltenberg, will receive the Prime Minister of Latvia, Mr. Krišjānis Kariņš, at NATO Headquarters. Media advisory 17:15 (CEST)      Press point by the Secretary General and the Prime Minister Media coverage Media representatives, who have annual accreditation to NATO for 2023, can cover the press conference in person. Media without the annual accreditation wishing to cover the event should apply for ad-hoc accreditation by writing to NatoAccreditations@hq.nato.int before COB Monday, 22nd May. NATO will confirm ad-hoc accreditations via email. The event will be streamed live on the NATO website. A transcript of the Secretary General’s remarks, as well as pictures taken by a NATO photographer, will be available on the NATO website. The video will be available for free download from the NATO Multimedia Portal after the event. NATO Secretary General to visit Portugal On 18 May 2023, the NATO Secretary General, Mr. Jens Stoltenberg, will travel to Portugal. During his visit, the Secretary General will meet with the Prime Minister of Portugal, Mr. António Costa.  Media Advisory 17:45 -18.00 (CEST) Joint Press Conference of the NATO Secretary General and the Prime Minister Media Coverage The event will be streamed live on the NATO website. A transcript of the Secretary General’s remarks, as well as pictures taken by a NATO photographer, will be available on the NATO website. The video will be available for free download from the NATO Multimedia Portal after the event.

NATO Allies train with Sweden as it prepares to join the Alliance Sweden and NATO are long-standing partners, counting decades of cooperation on a variety of issues, including political dialogue, contributions to NATO’s operations and missions, and joint training. Sweden applied for NATO membership following Russia’s full-scale invasion of Ukraine in February 2022. As a NATO Invitee, Sweden is cooperating with NATO more closely than ever and its security has been strengthened.  Recently, soldiers from various NATO Allies including Estonia, Finland, Germany, Latvia, Lithuania, Norway, Poland, Portugal, the United Kingdom and the United States trained side by side with Swedish forces. They took part in Sweden’s largest defence exercise in over 30 years, Aurora 23, as part of further increased cooperation on the Alliance’s collective deterrence and defence. Click here to download the video and here for the b-roll. You can also watch the video on YouTube.

EUROPEAN BANK's latest news

 

2022 ANNUAL REVIEW AND FINANCIAL REPORT

The Annual Review 2022 details how the Bank stepped up its investment last year and was particularly vigorous in support of Ukraine.

The EBRD balanced its work in Ukraine with meeting key objectives in other areas, such as tackling climate change, fostering inclusion and building digital capacity in the economies where it operates.

Crucially, green investments totalled 50 per cent of Annual Bank Investment (ABI) for 2022, in line with the EBRD’s goal of being a majority green bank by 2025.

The Annual Review is available both as a microsite and as a print summary report in PDF.

In the face of a challenging global economic environment, the EBRD’s prudently managed balance sheet demonstrated resilience and the Bank’s financial position remains strong.

The Financial Report 2022 includes the approved and audited financial statements (required to be submitted under Article 27 of the Agreement Establishing the Bank and Section 13 of its By-Laws), as well as additional reporting and disclosures on the EBRD’s risk management, corporate governance and structure.

The report is available as a PDF.

2022 SUSTAINABILITY REPORT AND GRI REPORT

The Sustainability Report 2022 explores the many ways in which the EBRD worked over the course of the year to prepare its regions for a stronger, more resilient and sustainable future.

It details how the Bank responded to multiple crises, including the impact of the invasion of Ukraine, and the global emergencies of climate change and biodiversity loss.

In 2022, the EBRD provided its largest ever volume of green finance.

Since 1 January 2023, all new EBRD investments have been aligned with the mitigation and adaptation goals of the Paris Agreement on climate change.

The GRI Report 2022 - Sustainability Disclosures provides our stakeholders with a comprehensive overview of the EBRD's approach to environmental, social and governance issues.

The contents of this report were guided by consultation with stakeholders and staff to assess what information they deemed material. The 2022 edition also covers topics that are not widely considered material, but which give a fuller picture of our approach to sustainability.

More information on the environmental and social impact of the Bank’s investment and policy engagement activities is available in our Sustainability Report 2022.

The EBRD's sustainability event

This special event will launch the EBRD’s latest Sustainability Report. It demonstrates how green growth is central to the Bank's activities and highlights the many ways in which we create impact and demonstrate leadership across key sustainability areas.

The EBRD as equity investor: the investee view

The role and impact of the EBRD as the largest institutional investor and an equity partner in Central Asia is significant.

EBRD President's press conference

EBRD President Odile Renaud-Basso will take questions at the end of the Annual Meeting from accredited journalists. The event will be moderated by Managing Director of Communications Richard Porter. Journalists will be able to ask questions from within the room, or via our online platform.

Integrating value chains to boost trade opportunities

The competitiveness of many emerging economies, particularly in Central Asia, is being hampered by underdeveloped value chains despite the region’s rich trading history.

Regional Economic Prospects 2023

The much-anticipated EBRD Regional Economic Prospects will be back in the new panel discussion format for a special EBRD Annual Meeting 2023 edition. The interactive discussion will cover the latest economic forecasts for the regions where the EBRD invests. EBRD Chief Economist Beata Javorcik will discuss with outstanding regional experts the extraordinary challenges that policymakers are confronted with in the world of relentless inflationary pressures and repeated economic crises. The accompanying document will be published on the same day.

BORD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,latest

 

Agencies issue host state loan-to-deposit ratios https://www.federalreserve.gov/newsevents/pressreleases/bcreg20230519a.htm Released by the Board of Governors of the Federal Reserve System Federal Reserve Board issues enforcement action with former employee of Ally Bank https://www.federalreserve.gov/newsevents/pressreleases/enforcement20230519a.htm Released by the Board of Governors of the Federal Reserve System The latest G.17 data are now available.   https://www.federalreserve.gov/releases/g17/current/default.htm Supervision and Regulation Report https://www.federalreserve.gov/publications/supervision-and-regulation-report.htm

 

Visit us on the web at Federal Reserve Board.

ASIA-PASIFIC ECONOMIC COOPERATION's latest

 

Secretary Buttigieg’s Statement on the 11th APEC Transportation Ministerial Meeting

Issued by the 11th APEC Transportation Ministerial Meeting

Detroit, the United States, 19 May 2023

At the conclusion of the 11th APEC Transportation Ministerial Meeting in Detroit, the United States Secretary of Transportation Pete Buttigieg released a statement summarizing the substantive efforts made collectively by APEC Transportation Ministers towards a safe, inclusive, resilient and sustainable recovery from the global pandemic.

Read the chair’s statement.

Through his statement, Secretary Buttigieg reiterated the critical role that transportation plays in driving economic growth and opportunity, facilitating trade and investment, keeping supply chains open, secure, efficient and resilient, as well as improving connectivity across the Asia-Pacific region.

The statement noted the value of cooperation on supply chains and connectivity and stressed the need to support essential supply chain workforces.

Prime Minister Justin Trudeau...

 Prime Minister Justin Trudeau meets with Prime Minister of Vietnam Pham Minh Chinh

May 20, 2023
Hiroshima, Japan

Today, Prime Minister Justin Trudeau met with the Prime Minister of Vietnam, Pham Minh Chinh, on the margins of the G7 Summit in Hiroshima, Japan.

Canada welcomed Vietnam’s participation at the G7 Summit, and both leaders discussed the ongoing work of the G7 to enhance meaningful engagement with emerging and developing economies.

The prime ministers noted that 2023 marks the 50th anniversary of Canada-Vietnam diplomatic relations, and they celebrated the deep and long-standing people-to-people ties between our two countries. The leaders welcomed significant and growing trade links between Canada and Vietnam, and committed to further deepening trade moving forward, including through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and an eventual Canada-Association of Southeast Asian Nations (ASEAN) free trade agreement.

Both leaders welcomed the ASEAN leaders’ decision to convene an ASEAN-Canada Summit to launch the ASEAN-Canada Strategic Partnership on the margins of the 43rd ASEAN Summit in September.

Prime Minister Trudeau and Prime Minister Chinh discussed the ongoing implementation of Canada’s Indo-Pacific Strategy and the Canada-Vietnam Comprehensive Partnership. They underlined areas for enhanced cooperation, including regional security, climate change, clean energy, consular issues, human rights, gender equality, and education. Both leaders also committed to deepen cooperation through ASEAN.

The two leaders discussed the importance of meaningful action to continue the fight against climate change. Prime Minister Trudeau welcomed Vietnam’s efforts to transition away from coal, and highlighted Canada’s willingness to support clean and sustainable energy.

Prime Minister Trudeau and Prime Minister Chinh committed to maintain the close relationship between their two countries. They looked forward to continuing to work together to advance their mutual interests in the Indo-Pacific.

Associated Links

• Canada and the G7
• Canada-Vietnam relations
• Comprehensive and Progressive Agreement for Trans-Pacific Partnership
• Canada and the Association of Southeast Asian Nations
• Canada’s Indo-Pacific Strategy

Prime Minister Justin Trudeau meets with President of Indonesia Joko Widodo

May 20, 2023
Hiroshima, Japan

G7 Hiroshima Leaders’ Communiqué

 

Press material Saturday 20 May 2023

● European Council   20/05/2023 09:44 | Statements and remarks | G7 Hiroshima Leaders’ Communiqué   <Preamble> 1. We, the Leaders of the Group of Seven (G7), met in Hiroshima for our annual Summit on May 19-21, 2023, more united than ever in our determination to meet the global challenges of this moment and set the course for a better future. Our work is rooted in respect for the Charter of the United Nations (UN) and international partnership. We are taking concrete steps to: support Ukraine for as long as it takes in the face of Russia’s illegal war of aggression; strengthen disarmament and non-proliferation efforts, towards the ultimate goal of a world without nuclear weapons with undiminished security for all; coordinate our approach to economic resilience and economic security that is based on diversifying and deepening partnerships and de-risking, not de-coupling; drive the transition to clean energy economies of the future through cooperation within and beyond the G7; launch the Hiroshima Action Statement for Resilient Global Food Security with partner countries to address needs today and into the future; and deliver our goal of mobilizing up to $600 billion in financing for quality infrastructure through the Partnership for Global Infrastructure Investment (PGII) as outlined in the reference documents of this Communique. We are determined to work together and with others to: support a free and open Indo-Pacific and oppose any unilateral attempts to change the status quo by force or coercion; foster a strong and resilient global economic recovery, maintain financial stability, and promote jobs and sustainable growth; accelerate achievement of the Sustainable Development Goals (SDGs), recognizing that reducing poverty and tackling the climate and nature crisis go hand in hand; promote the evolution of the Multilateral Development Banks (MDBs); strengthen our partnerships with African countries and support greater African representation in multilateral fora; preserve the planet by accelerating the decarbonization of our energy sector and the deployment of renewables, end plastic pollution and protect the oceans; deepen cooperation through Just Energy Transition Partnerships (JETPs), the Climate Club and new Country Packages for Forest, Nature and Climate; invest in global health through vaccine manufacturing capacity worldwide, the Pandemic Fund, the future international agreement for pandemic prevention, preparedness and response, and efforts to achieve universal health coverage (UHC); cooperate on international migration and strengthen our common effort to fight the trafficking and smuggling of human beings; and advance international discussions on inclusive artificial intelligence (AI) governance and interoperability to achieve our common vision and goal of trustworthy AI, in line with our shared democratic values. 2. We will champion international principles and shared values by: upholding and reinforcing the free and open international order based on the rule of law, respecting the UN Charter to the benefit of countries, large and small; strongly opposing any unilateral attempts to change the peacefully established status of territories by force or coercion anywhere in the world and reaffirming that the acquisition of territory by force is prohibited; promoting universal human rights, gender equality and human dignity; reiterating the importance of multilateralism including the role of UN and international cooperation in promoting peace, stability and prosperity; and strengthening the rules-based multilateral trading system and keeping pace with the evolution of digital technologies. 3. We will work with our international partners to achieve a world that is human-centered, inclusive and resilient, leaving no one behind. In that spirit, we welcomed the participation of the Leaders of Australia, Brazil, Comoros, Cook Islands, India, Indonesia, Republic of Korea, and Vietnam. Read the full text

G7 Leaders’ Statement on Ukraine

 

Press material Friday 19 May 2023

● European Council   19/05/2023 11:50 | Statements and remarks | G7 Leaders’ Statement on Ukraine   1. Preamble At our meeting today in Hiroshima, we, the Leaders of the G7, reaffirmed our commitment to stand together against Russia's illegal, unjustifiable, and unprovoked war of aggression against Ukraine. We condemn, in the strongest terms, Russia’s manifest violation of the Charter of the United Nations (UN) and the impact of Russia’s war on the rest of the world. 15 months of Russia’s aggression has cost thousands of lives, inflicted immense suffering on the people of Ukraine, and imperiled access to food and energy for many of the world’s most vulnerable people. We express our full sympathy and condolences to the Ukrainian people for their loss and suffering. We salute the Ukrainian people for their brave resistance. Our support for Ukraine will not waver. We will not tire in our commitment to mitigate the impact of Russia’s illegal actions on the rest of the world. Today we are taking new steps to ensure that Russia’s illegal aggression against the sovereign state of Ukraine fails and to support the Ukrainian people in their quest for a just peace rooted in respect for international law. We are renewing our commitment to provide the financial, humanitarian, military and diplomatic support Ukraine requires for as long as it takes. We are imposing further sanctions and measures to increase the costs to Russia and those who are supporting its war effort. And we are taking steps to support partners worldwide as they navigate the suffering caused by the Russia’s war, including through humanitarian assistance. We are also building on the success of our efforts to ensure that Russia is no longer able to weaponize the availability of energy against us and against the world. Since February 2022, we have adopted sanctions, import bans, and other measures to reduce our dependence on Russia’s source of energy. In addition, in Elmau, we agreed to launch a price cap on Russian oil and petroleum products. This is working. Russia’s revenues are down. Global oil and gas prices have fallen significantly, benefiting countries around the world. Read the full statement