G7 steps up economic and financial war against Russia and China
The three-day meeting of the finance ministers and central bankers of the G7 group of imperialist powers held in Stresa, Italy, concluded on Saturday. Significantly, it stepped up its aggressive stance against Russia and China, as well as giving carte blanche to the Israeli genocide in Gaza.
A major item on the agenda was how the $300 billion worth of foreign assets of the Russian central bank, frozen by the US and European powers at the start of the Ukraine war, could be used to finance the Zelensky regime as it prepares to throw thousands more men into the meat-grinder, on top of the hundreds of thousands already killed or wounded.
As well, revealing the interconnected character of the imperialist war fronts, the meeting adopted a more strident attitude to China and its so-called ...