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The Latest Breaking News from G7

UN climate talks end in stalemate and ‘hypocrisy’ allegation

Adviser says European nations are sourcing fossil fuels abroad but failing to help developing countries

The Guardian - UK

Russia sanctions: Which brands are severing ties over Ukraine invasion?

Banks, businesses, oligarchs, politicians and military leaders all targeted with harsh economic penalties by Western democracies as punishment for Vladimir Putin’s actions

The Independent UK

UK aims sanctions at Russians accused of abducting Ukrainian children

Maria Lvova-Belova accused by Ukraine of organising capture of vulnerable children in Luhansk and Donetsk

The Guardian - UK

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Russia-Ukraine latest updates: Leaders back EU path for Kyiv

France, Germany, Italy and Romania leaders back Kyiv’s bid for EU membership and pledge more arms to fend off Russia.

Al Jazeera

Boris Johnson refuses to say why Scotland can't be independent at PMQs

IAN Blackford insisted Scotland is "big enough, rich enough and strong enough" to become an independent nation at Prime Minister's…

The National (Scotland)

Indonesia leader to meet Putin in Moscow

Indonesian President Joko Widodo will visit Moscow for a meeting with his Russian counterpart Vladimir Putin on June 30, according to a Russian news agency.

Bangkok Post

Biden's foreign policy prioritizes alliances. Beyond Ukraine, there's little to show for it

WASHINGTON — A year ago during his first meetings with Group of 7 and NATO leaders, President Joe Biden vowed that "America is back," promising the world's other industrialized democracies that they could once again count on the U.S. to shore up alliances and the global order.

Los Angeles Times

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The Observer view on Britain’s dire economic outlook

The true cost of Brexit is becoming painfully clearer by the day

The Guardian - UK

Japan reopens to British travellers – with strings attached

The UK is in Japan’s ‘blue list’ group of countries, along with the US and most of Europe

The Independent UK

Petrol retailers told not to rip off motorists as price at the pumps soars above £100-a-tank

Michael Gove said an ‘eagle eye’ would be kept on garages to ensure they are not making ‘excess profits’

Evening Standard

Fuel cost surge and dire economic forecast shatter PM’s hope of reset

Zero-growth warning for UK as petrol prices surge and OECD says Britain will be weakest economy in G7 next year

The Guardian - UK

Biden to attend G7 and NATO summits -statement

U.S. President Joe Biden will travel to Germany for a G7 summit and continue on to Spain for a NATO summit in late June, White House spokesperson Karine Jean-Pierre said on Wednesday.

Reuters

Get ready for 'reverse currency wars' phenomenon

The US dollar is up 12% against the euro over the past year and, at €0.93 (34.22 baht), is approaching parity. If prices of oil and other commodities now seem high in dollar terms, they look even higher in euros. With the greenback surging, and inflation in many countries currently…

Bangkok Post

How the West should engage China

The world order is at risk of a lasting split, with the United States and its allies on one side, and China and its partners on the other. As US Treasury Secretary Janet Yellen noted at an Atlantic Council event last month, this outcome is far from desirable, and the…

Bangkok Post

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Daily Record

Platinum Jubilee: All US Presidents the Queen has met during her 70-year reign

Throughout the last seven decades the Queen has given official state visits to just three presidents.

The Guardian - UK

G7 countries to stop funding fossil fuel development overseas

Ministers from world’s biggest economies reach agreement that could shift estimated $33bn a year to clean energy sources

Reuters

G7 working to resume grain exports from Ukraine, UK's Johnson tells Zelenskiy

British Prime Minister Boris Johnson told Ukrainian President Volodymyr Zelenskiy on Saturday that international partners were working intensively to find ways to resume the export of grain from Ukraine to avert a global food crisis.

Reuters

G7 countries say strict environmental rules needed for deep-sea mining

The Group of Seven countries on Friday agreed stringent environmental controls should govern deep-sea mining and that they would consent to such mining projects only if they did not seriously harm the marine environment.

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The Hindu

‘Putin’s war’ has put some urgency on India-EU FTA talks: German envoy

With a steep surge in global oil prices, India has increased its purchase of discounted Russian oil

The Conversation

Inflation: there's a vital way to reduce it that everyone overlooks – raise productivity

Inflation has become one of the great issues of our times. The UK’s is the highest in the G7, weighing in at 9% a year according to the most recent figures on consumer price inflation.

Reuters

G7 calls on OPEC to play key role to ease global energy supplies

Ministers from the Group of Seven countries on Friday called on OPEC to act responsibly to ease a global energy crunch brought on by the Russian invasion of Ukraine, even as they announced a breakthrough commitment to phase out coal-fuelled power.

Bangkok Post

G7 set to end support for overseas unabated fossil fuels

The Group of Seven (G7) developed countries are poised to stop providing new public support for overseas fossil fuel projects by the end of 2022 if they have no sufficient measures to reduce greenhouse emissions, a Japanese government official said Friday.

ABC News

Two Russian soldiers plead guilty in new war crimes trial as Russia calls supplying Ukraine arms 'unacceptable escalation'

As Russians warn supplying arms to Ukraine could lead to an "unacceptable escalation", two captured Russian soldiers plead guilty to shelling a town in eastern Ukraine.

The Independent UK

West mulls having Russian oligarchs buy way out of sanctions

Government officials familiar with the matter say Western allies are considering whether to allow Russian oligarchs buy their way out of western sanctions and using the money to rebuild Ukraine

The Independent UK

Germany: G-7 nations can lead the way on ending coal use

Germany’s energy and climate minister says the Group of Seven wealthy nations can lead the way on ending the use of coal

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