{"id":1529306,"date":"2022-06-27T11:52:08","date_gmt":"2022-06-27T15:52:08","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1529306"},"modified":"2022-06-27T11:52:55","modified_gmt":"2022-06-27T15:52:55","slug":"biden-commits-200b-to-global-infrastructure-plan","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-commits-200b-to-global-infrastructure-plan\/","title":{"rendered":"Biden commits $200B to global infrastructure plan"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-commits-200b-to-global-infrastructure-plan%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1529306&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2723193\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2723193\" class=\"size-full wp-image-2723193\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/06\/AP22178419749881.jpg\" alt=\"President Joe Biden waits for the start of a lunch with the Group of Seven leaders at the Schloss Elmau hotel in Elmau, Germany, Monday, June 27, 2022, during the annual G7 summit. Joining the Group of Seven are guest country leaders and heads of international organizations. (AP Photo\/Susan Walsh, Pool)\" width=\"1024\" height=\"683\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/06\/AP22178419749881.jpg 1024w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/06\/AP22178419749881-315x210-1.jpg 315w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/06\/AP22178419749881-655x437-1.jpg 655w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/06\/AP22178419749881-768x512-1.jpg 768w\" \/><\/p>\n<p id=\"caption-attachment-2723193\" class=\"wp-caption-text\">President Joe Biden waits for the start of a lunch with the Group of Seven leaders at the Schloss Elmau hotel in Elmau, Germany, Monday, June 27, 2022, during the annual G7 summit. Joining the Group of Seven are guest country leaders and heads of international organizations. (AP Photo\/Susan Walsh, Pool)<\/p>\n<\/div>\n<h5>OAN NEWSROOM<br \/>UPDATED 7:15 AM PT \u2013 Monday, June 27, 2022<\/h5>\n<p>President Joe Biden urged G7 leaders to \u201cstay together\u201d against Russia\u2019s war on Ukraine. While kicking off the summit in the Bavarian Alps on Sunday, leaders agreed to strengthen sanctions by banning imports of Russian gold. The move came shortly after Russian missiles rained down on Kyiv earlier that morning and is additional effort to weaken Russia\u2019s economy.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The United States has imposed unprecedented costs on Putin to deny him the revenue he needs to fund his war against Ukraine.<\/p>\n<p>Together, the G7 will announce that we will ban the import of Russian gold, a major export that rakes in tens of billions of dollars for Russia.<\/p>\n<p>\u2014 President Biden (@POTUS) <a href=\"https:\/\/twitter.com\/POTUS\/status\/1540945453998436353?ref_src=twsrc%5Etfw\">June 26, 2022<\/a><\/p>\n<\/blockquote>\n<p>President Biden also announced the launch of the partnership for global infrastructure movement to counter China\u2019s Belt and Road Initiative project.<\/p>\n<blockquote>\n<p><strong>\u201cAnd I\u2019m proud to announce the United States will mobilize $200 billion in public and private capital over the next five years for that partnership,\u201d announced the President. \u201cWe\u2019re here today because we\u2019re making this commitment together as a G7 in coordination with one another and to maximize the impact of our work. Collectively, we aim to mobilize nearly $600 billion\u00a0 from the G7 by 2027.\u201d<\/strong><\/p>\n<\/blockquote>\n<p>The initiative is a new version of Biden\u2019s \u201c<a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2021\/06\/12\/fact-sheet-president-biden-and-g7-leaders-launch-build-back-better-world-b3w-partnership\/\">Build Back Better World<\/a>,\u201d which he revealed at last year\u2019s summit. Additionally, Biden claimed the effort is critical to America\u2019s economic and national security.<\/p>\n<blockquote>\n<p><strong>\u201cI want to be clear, this isn\u2019t aid or charity,\u201d he stated. \u201cIt\u2019s an investment that will deliver returns for everyone, including the American people and the people of all our nations. It will boost all of our economies and it\u2019s a chance for us to share our positive vision for the future, and let communities around the world see themselves and see for themselves the concrete benefits of partnering with democracies.\u201d<\/strong><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Together, the G7 is demonstrating the strong global leadership it will take to maximize the costs to Putin and his enablers and address the impact of his war on the global economy. <a href=\"https:\/\/t.co\/N30bBeXyKL\">pic.twitter.com\/N30bBeXyKL<\/a><\/p>\n<p>\u2014 President Biden (@POTUS) <a href=\"https:\/\/twitter.com\/POTUS\/status\/1541218125600931840?ref_src=twsrc%5Etfw\">June 27, 2022<\/a><\/p>\n<\/blockquote>\n<p>Meanwhile, leaders will continue their meetings in Germany until June 28. Biden will head to Spain soon after to attend the NATO summit in Madrid.<\/p>\n<h4>MORE NEWS:\u00a0<a href=\"https:\/\/www.oann.com\/one-on-one-with-the-co-founder-of-the-radiance-foundation-ryan-bomberger\/\">One-On-One With The Co-Founder Of The Radiance Foundation, Ryan Bomberger<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden waits for the start of a lunch with the Group of Seven leaders at the Schloss Elmau hotel in Elmau, Germany, Monday, June 27, 2022, during the annual G7 summit. Joining the Group of Seven are guest country leaders and heads of international organizations. (AP Photo\/Susan Walsh, Pool) OAN NEWSROOMUPDATED 7:15 AM &hellip;<\/p>\n","protected":false},"author":79,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1529306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1529306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/79"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1529306"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1529306\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1529306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1529306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1529306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}