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U.S. President Joe Biden attends a Partnership for Global Infrastructure and Investment (PGII) event, on the first day of the G7 summit, in Savelletri, Italy, June 13, 2024. "He needs to drop out," one Biden campaign official said. "No one involved in the effort thinks he has a path," said a second person working to elect him. "But Joe Biden and this campaign have made it through setbacks before. We're all waiting around for Joe Biden to f--- up again, which is not a great position to be in."

Persons: Joe Biden, Joe Biden's, Biden, Kamala Harris —, Donald Trump, he's, Jen O'Malley Dillon, Julie Chavez Rodriguez, O'Malley Dillon, Chavez Rodriguez, Arizona —, Trump, shouldn't, Biden floundering Organizations: Global Infrastructure, Investment, WASHINGTON —, NBC News, Democratic, Biden, Trump, AARP, NBC, Republican, Public Locations: Savelletri, Italy, Georgia, Arizona, Michigan , Wisconsin, Pennsylvania, Wisconsin

☆ Western rival to Belt and Road has much to prove
▼ + stars: | 2023-09-25 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

LONDON, Sept 25 (Reuters Breakingviews) - Western countries have a window of opportunity to come up with a credible infrastructure plan for the developing world. U.S. President Joe Biden has been talking up the West’s so-called Partnership for Global Infrastructure and Investment (PGII). To be fair, the G7 is stepping up efforts to involve the private sector. These initiatives are running in parallel with efforts to get the World Bank to cooperate more with the private sector. For developing countries, it is good to have two rival infrastructure initiatives competing for their attention.

Persons: Joe Biden, PGII, marshall, It’s, Hung Tran, Janet Yellen, Antony Blinken, Jordan, Xi Jinping, Vladimir Putin, Peter Thal Larsen, Katrina Hamlin Organizations: Reuters, Initiative, Group, Democratic, Global Infrastructure, Investment, Atlantic Council, coy, Treasury, European, Bank, United Arab, China, Thomson Locations: Italy, Republic, India, Europe, Zambia, Angola, Democratic Republic of Congo, Indonesia, Vietnam, South Africa, Senegal, United States, China, East, New Delhi, Indonesian, New York, Saudi Arabia, United Arab Emirates, Beijing

☆ U.S. Treasury's Adeyemo heads to APEC meeting with focus on trade, 'resilience'
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +2 min

Adeyemo, who has led work on U.S. sanctions over Russia's invasion of Ukraine, will represent the United States when the Asian Economic Cooperation (APEC) finance ministers meet in Bangkok on Wednesday and Thursday, Treasury said. He will also meet with Thailand's Finance Minister Arkhom Termpittayapaisith. The newly relaunched G7 Partnership for Global Infrastructure and Investment (PGII) and U.S. efforts to build up supply chains with trusted partners were also on the agenda. "While the U.S. economy remains resilient in the face of these headwinds, the Deputy Secretary will work with partners to increase resilience in their economies," it said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Andrea Shalal; Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.

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