The Latest Breaking News from G7

The OECD said growth will slow to 1.2% next year, before edging up to 1.3% in 2027, with ‘substantial’ downside risks from fiscal tightening.

Chancellor to set out tax and spending plans shaped by weak productivity, high borrowing costs and cost of living crisis

Initially sidelined, Europeans want to muscle their way back to the peace negotiations between Ukraine and Russia by leveraging the key issues that can only be settled with their consent. But what are they? Analysis:

Hugely influential traders will be hanging on the chancellor’s every word when she announces her budget

The G7 and G20 leaders who met at the South Africa summit expressed concerns about the proposal to limit Kyiv’s army.

Donald Trump said his proposal is not a ‘final offer’ but the war must end now

Ukrainian president says his country faces ‘one of the most difficult moments in our history’ in address to the nation

The BRICS+ now commands a larger share of world GDP than the G7. The bloc originally comprising Brazil, Russia, India, China, and South Africa has been expanding. Alongside newly added members in Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia, and the United Arab Emirates, they surpassed the industrialized G7 bloc when…

The options paper sent by Ursula von der Leyen to EU leaders presents a binary choice: fresh debt or tap the Russian assets. Euronews breaks down the key elements of her long-awaited document.

Top diplomats from the Group of Seven industrialised democracies presented a united front on Ukraine and Sudan on Wednesday, even as they skirted around the more contentious issues overshadowing the gathering.

The G7 ministers said in a joint statement at the conclusion of the two-day gathering that they are increasing the economic costs to Russia and exploring measures against those who finance Russia’s war efforts.