Source Pravda.Ru

G-8 Leaders to Pledge $20 Billion to Poor Nations

Leaders from the Group of Eight leading economies on Friday pledged $20 billion for food and agricultural aid to the world's most impoverished countries, and President Obama ended a global summit by saying that despite steps forward on economic, environmental and security issues, much work remains to be done, The Washington Post reports.

Much of that money had been previously pledged to food aid. For instance, of the Obama administration's three-year, $3.5 billion a year pledge, a little less than half is new money. But on Thursday, it looked like G8 leaders would pledge only $12 billion over three years, an actual drop in current aid spending.

"One of the things we're going to have to do is fight the temptation towards cynicism," Mr. Obama said, Wall Street Journal reports.

At the close of the G-8 summit, Obama lauded what he called "significant measures" to improve the environment, global economy and international security.

He said he believes the nations are committed to sustaining economic stimulus plans and financial regulation, implementing measures to contain nuclear weapons and taking "groundbreaking steps forward" to address climate change.

He defended his administration's work to pass a healthcare plan, saying, "We jumped in with both feet," The Los Angeles Times reports.

He announced his intention to create a news service called "Pravda," which means "truth" in Russian. Well, we are Pravda. The Pravda.Ru website has been working professionally in Russia since 1999

Elon Musk wants Pravda, but we already have it

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum
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