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  • Associated Press Finance

    Nepal hosts an investment summit in hopes of attracting foreign money for hydropower projects

    Nepal hosted an investment summit Sunday in hopes of attracting much-needed foreign investment, especially in developing hydropower projects to produce more electricity that it can sell to neighboring countries. Several foreign investors were attending the two-day meetings in the capital, Kathmandu, where Nepali officials urged investment in developing hydropower projects and in other areas like tourism and industry.

  • Reuters

    Russia threatens West with severe response if its assets are touched

    Russian officials threatened the West on Sunday with a "severe" response in the event that frozen Russian assets are confiscated, promising "endless" legal challenges and tit-for-tat measures. Russian Foreign Ministry spokeswoman Maria Zakharova said Russia would never cede territories seized from Ukraine in exchange for the return of frozen assets. "Our motherland is not for sale," Zakharova wrote on the Telegram messaging app.

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