The battle to build a global defence bank
The proposed lender has secured about €5 billion in commitments, but Germany, Britain and other G7 countries have not joined.
6 Articles
6 Articles
The battle to build a global defence bank - Regional Media News
By Iain Withers, Elisa Martinuzzi and Lefteris Papadimas LONDON, Aug 30 (Reuters) - Canadian Prime Minister Mark Carney has thrown his weight behind a new global defence bank intended to help allies rearm, but other major economies have yet to commit just weeks before prospective [...]
The battle to build a global defence bank
By Iain Withers, Elisa Martinuzzi and Lefteris Papadimas LONDON, Aug 30 (Reuters) - Canadian Prime Minister Mark Carney has thrown his weight behind a new global defence bank intended to help allies rearm, but other major economies have yet to commit j...
Canada is set to create a new multilateral defense bank that would provide low-interest loans to allies to help them build weapons. But the institution has so far failed to win over major economies, casting doubt on the project's ambitious goals, Reuters reported.
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