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The Latest Breaking News from G7

UK Lands First G7 Gulf Trade Deal Worth £3.7B — Without a Human Rights Clause

The UK's landmark trade deal with the Gulf Cooperation Council eliminates £580M in tariffs, boosting the economy by £3.7B annually. Explore the benefits for British businesses and workers.

International Business Times UK

Lifting lid on economic imbalances

Global imbalances are again dominating international economic debates, and with good reason. Large and persistent imbalances often end badly, whether in abrupt capital-flow reversals, exchange-rate volatility, geopolitical conflict, or, as in 2008, financial crisis. And with the United States now running significant current-account deficits, and China having returned to substantial…

Bangkok Post

UK announces trade deal with six Gulf states worth £3.7bn a year

The UK has become the first G7 country to strike a free trade deal with the bloc of six Gulf states

The Independent UK

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Government hails trade deal with Gulf states ‘worth £3.7bn a year’ to UK economy

The UK has become the first G7 country to strike a free trade deal with the bloc of six Gulf states.

Evening Standard

EU vows to stand firm on Russia as UK scrambles to explain sanctions decision

Brussels is testing the waters with G7 allies to introduce a full ban on maritime services for Russian oil tankers. But recent decisions taken by the US and the UK suggest an uphill struggle to secure the green light.

Euronews

Why brain health is an urgent priority for G7 member countries

Housed within a bony skull, the human brain remains, in large part, a mystery to all of us in the medical community.

The Conversation

As corporations race for the stars, we need international collaboration on space governance

The science academies of G7 member countries have identified international space governance as a pressing issue for the G7 Leaders’ Summit, to be held from June 15-17 in Evian, France.

The Conversation

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Streeting says he resigned because Labour ‘in fight of our lives against nationalism’, and is currently losing – as it happened

Former health secretary standing down after saying he no longer had confidence in Keir Starmer

The Guardian - UK

Multilateralism at work: Eurogroup chief on G7 meeting, Europe's priorities and challenges

G7 finance ministers and central bankers have wrapped up their two-day meetings in Paris as the war in Iran and the energy crisis continue to weigh on the global economy. Eurogroup President Kyriakos Pierrakakis, who represented the 21-member euro area in the talks, told FRANCE 24's François Picard and Yuka…

France 24

G7 finance ministers gather in Paris amid Iran tensions and tariff concerns

Finance ministers from G7 economies gathered in Paris for a second day of talks focused on global economic pressures, including the Iran conflict, US tariffs and disruptions linked to the Strait of Hormuz.

Euronews

G7 finance ministers seek common ground despite divisions over Russia and trade

The world's leading economies have pledged renewed multilateral cooperation to tackle growing threats to global economic stability stemming from the war in the Middle East, after high-level talks in Paris that also exposed strains between the United States and several of its allies.

Radio France Internationale

G7 finance ministers vow cooperation to face 'heightened risks'

Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges like energy and food supply disruptions. Discussions also covered tariffs and Russia. The G7 aims for coordinated responses to global economic risks. Leaders will meet again in Evian to…

The Economic Times

G7 finance ministers call for action on trade imbalances as Russia sanctions divide US from allies

Finance ministers from the G7 group of advanced economies were unanimous on the need to take on global trade imbalances, according to the statement released Tuesday following a second day of Paris talks. But the US decision to extend a waiver on sanctions against Russia in the wake of the…

France 24

G7 finance ministers explore responses to Iran war fallout

Global finance leaders met in Paris to address economic fallout from the Middle East conflict. France's finance minister called for increased aid for vulnerable nations. Discussions also covered diversifying critical mineral supplies and maintaining pressure on Russia. G7 nations aim to build new partnerships amid global tensions and trade system…

The Economic Times

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Euronews

Newsletter: Europe braces for a more hostile economic order

Also in this newsletter: NATO military chiefs meet in Brussels amid concerns over weapons shortages.

France 24

Trump says US may hit Iran again, claims Tehran wants deal

US President Donald Trump said that the United States may need to attack Iran again and claimed that he had been only an hour away from deciding ‌on a fresh strike before he allegedly postponed the attack. Thousands of people have been killed in Iran, Lebanon and the wider Middle…

Radio France Internationale

G7 ministers meet in Paris to seek common ground on China and Middle East war

Finance ministers and central bankers from the G7 nations gather on Monday in Paris where they will try and settle differences on everything from the stalemate in Iran, securing supply chains for critical minerals and the oil-price shock. As host, France will try and keep the plates spinning.

The Economic Times

G7 finance chiefs seek to tackle imbalances as trade strains unity

Finance ministers from the Group of Seven are meeting in Paris to discuss global economic tensions, trade imbalances and coordination on critical mineral supplies, amid growing geopolitical divisions within the group.

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International Business Times

Iran War, Inflationary Concerns Loom Over Paris G7 Meet

French President Emmanuel Macron;s priority is to "tackle imbalances," and the summit will also be a platform to discuss key economic issues including America's big budget deficits, dwindling investments in Europe and China's vast trade surplus

The Economic Times

World imbalances trouble G-7 in wake of Trump’s China encounter

Global finance ministers convene in Paris to address lopsided world growth, focusing on structural misalignments after the US-China trade summit. France aims to tackle America's deficits, Europe's low investment, and China's trade surplus. Economists warn of systemic crisis without concerted re-balancing efforts.

The Economic Times

Dr Reddy’s launches generic Semaglutide injection, popular weight-loss drug, in Canada

Dr Reddy's Laboratories has launched its generic Semaglutide injection in Canada. This marks a significant step for the company in providing treatment for type 2 diabetes. Canada is the first G7 nation to approve this medication. The launch follows a recent introduction in India. Dr Reddy's aims to expand access…

The Independent UK

‘Massive’ £200bn increase in funds needed to stop land around world turning to dust, UN warns

Exclusive: Some £260bn is required annually to tackle the escalating problem, with only £56bn currently mobilised, amid an increasing risk of forced migration, conflict, and hits to food chains that impact billions of people

Radio France Internationale

G7 ministers discuss trade security and China dependence in Paris

G7 trade ministers were holding a second day of talks in Paris on Wednesday as the global economy faced growing pressure from US tariff threats, war in the Middle East and concerns over dependence on Chinese raw materials.

Radio France Internationale

France urges faster methane cuts as emissions remain at record high

France is using its G7 presidency to press for quicker global action on methane, as a major energy report warned emissions from fossil fuels remain stubbornly high.

The Guardian - UK

G7 central banks poised to hold borrowing costs amid concerns over prolonged Iran war

Critical week for global economy as banks expected to issue warnings over conflict driving up prices

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