The Latest Breaking News from G7

Tories accused of ‘losing control of the economy’ as figures show it shrinking faster and worst in G7

Revised figures show the UK is slipping even further from its pre-pandemic level

The Independent UK · Dec 22, 2022

UK economic growth weaker than first thought, latest figures show

THE UK economy contracted by more than was first thought between July and September with growth also weaker than estimated in a grim set of official…

The National (Scotland) · Dec 22, 2022

Crude oil prices continue to fluctuate due to the protracted Russia-Ukraine war and Russian oil price cap

Global political and economic directions shifted as soon as Russian President Vladimir Putin ordered the invasion of Ukraine under a “special operations” mission on 24 February 2022.

Bangkok Post · Dec 22, 2022

U.S. accelerates Ukraine diplomacy as Europe slides into winter

Nearly ten months into the war in Ukraine, the Biden administration is intensifying diplomatic efforts to ensure that the transatlantic alliance that opposes Russia's invasion survives a bitter European winter.

Reuters · Dec 13, 2022

Will Putin Adhere To G7 Price Cap? EU To Face Tough Year Filling Oil, Gas Reserves

Until the Russia-Ukraine War, the European Union (EU) relied on Russia for roughly close to 40% for natural gas supply.

Zenger · Dec 13, 2022

When will global gas prices go down to pre-Ukraine war levels?

Energy analysts explain why much of the world can expect high prices for at least the next two years.

Al Jazeera · Dec 13, 2022

G7 Considers More Air Defense for Ukraine as Fighting Rages

Russian missiles, artillery and drones hammered targets in eastern and southern Ukraine, the Ukrainian General Staff said, as global economic powers pledged to beef up Kyiv's military capabilities with a focus on air defense. The Group of Seven promised to "meet Ukraine's urgent requirements" after President Volodymyr Zelenskiy appealed for…

Asharq Al-Awsat · Dec 13, 2022

Ukraine's Zelenskiy pushes G7 for winter Global Peace Summit

Ukrainian President Volodymyr Zelenskiy urged leaders of the Group of Seven nations on Monday to support his idea of convening a special Global Peace Summit in winter dedicated to bringing peace to his country.

Reuters · Dec 12, 2022

G7 says it is setting up multi-agency platform to coordinate aid to Ukraine

Group of Seven rich nations on Monday said they would set up a multi-agency platform to coordinate aid to Ukraine and support its repair, recovery and reconstruction, with senior representatives to convene as soon as possible in January.

Reuters · Dec 12, 2022

Sunak faces calls from Johnson and Zelensky to give Ukraine long-range missiles

The Ukrainian President made the plea as he called a meeting of G7 leaders.

The Independent UK · Dec 12, 2022