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The world’s second-richest man, Jeff Bezos, told CNN during an interview on Monday that he plans to give away most of his money during his lifetime. The 58-year-old billionaire says he will donate the bulk of his wealth to charity as well as using it to fight climate change.

The European Union has placed tighter trade restrictions on Chinese companies that it claims are supporting Russia, the European Council said in a press release on Friday. The restrictions are part of a 13th round of sanctions imposed on Friday, a day before the second anniversary of Russia’s military operation against Ukraine.