The Latest Breaking News from G7

Britain the only G7 economy forecast to shrink in 2023

IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll

The Guardian - UK · Jan 31, 2023

UK economy to go BACKWARDS in 2023 with worst performance of all major nations

The UK is set to see its economy contract 0.6% this year according to the International Monetary Fund which will be the worst performance of all the advanced nations

Daily Mirror · Jan 31, 2023

UK recession warning as IMF predicts weakest performance among G7

Britain's economy will slam into reverse this year as the cost-of-living crisis hits households hard, the International Monetary Fund warns

Evening Standard · Jan 31, 2023

G7, partners vow to support Ukraine's energy sector, U.S. says

G7 and other partner countries on Tuesday pledged to maintain their support for Ukraine's energy sector, including delivering equipment and other humanitarian aid during winter, the U.S. State Department said following a meeting of the group's foreign ministers.

Reuters · Jan 24, 2023

Has Ontario’s housing 'plan' been built on a foundation of evidentiary sand?

In late 2022, the Ontario government adopted Bill 23, the More Homes Built Faster Act. The legislation made sweeping changes to the province’s land use planning system.

The Conversation · Jan 22, 2023

Kishida-Zelenskyy meeting being considered for February

Plans are underway to realize a February meeting between Prime Minister Fumio Kishida and Ukrainian President Volodymyr Zelenskyy in Kyiv.

The Japan News/Yomiuri · Jan 22, 2023

Japan PM Kishida weighs Feb. Ukraine visit to hold talks with Zelenskiy -Yomiuri

Japanese Prime Minister Fumio Kishida is considering visiting Kyiv in February and holding talks with Ukraine's President Volodomyr Zelenskiy, the Yomiuri newspaper said, citing Japanese government sources.

Reuters · Jan 21, 2023

G7 agrees to review level of price cap on Russian oil in March -US Treasury

Group of Seven officials have agreed to review the level of the price cap on exports of Russian oil in March, U.S. Treasury Deputy Secretary Wally Adeyemo said on Friday.

Reuters · Jan 20, 2023

Senior officers distracted by G7 summit in Cornwall, Keyham inquest told

The G7 summit saw world leaders gather in Carbis Bay in June 2021.

The Independent UK · Jan 20, 2023

Political Pulse / Japan's unbalanced public finances need open-eyed risk management

Japan's government debt has been exceptionally high among major industrialized countries for over two decades. The risks posed by this massive debt must be properly analyzed and managed.

The Japan News/Yomiuri · Jan 20, 2023