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The Latest Breaking News from G7

Biden announces $50bn G7 loan to Ukraine backed by frozen Russian assets

US Treasury Secretary Yellen says Russia will be ‘bear the costs of its illegal war, instead of taxpayers’ in the West.

Al Jazeera

G7 To Make $50 Bn Ukraine Loan Available By Year-end: Yellen

G7 nations are committed to making $50 billion in lending available to Ukraine by year-end, US Treasury Secretary Janet Yellen said Wednesday as she met her Ukrainian counterpart in Washington.

International Business Times

US And Allies Provide Billion Loan Package To Ukraine

US and Western allies provide Ukraine with a billion loan package, supported by frozen Russian assets, to aid its economy and defense efforts.

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G7 agrees to use interest on Russian assets for Ukraine loan; Biden eyes an arms component - Roll Call

The G7 agreed to use interest from frozen Russian assets for a $50 billion loan for Ukraine. President Biden is eyeing an arms component.

Roll Call

Putin Faces Calls For Peace At Flagship BRICS Summit

World leaders called for peace in the Middle East and Ukraine at the BRICS summit in Russia on Wednesday, as President Vladimir Putin told them he welcomed offers to mediate in the Ukraine conflict.

International Business Times

Putin Touts 'Multipolar World Order' At Flagship BRICS Summit

The meeting in the city of Kazan is the largest diplomatic forum in Russia since Putin ordered troops into Ukraine in 2022, triggering a barrage of Western sanctions and international condemnation.

International Business Times

UN Chief In Russia For Putin's BRICS Summit

UN Secretary General Antonio Guterres arrived in Russia on Wednesday to attend the BRICS summit, his first visit to the country for more than two years that has drawn scorn from Ukraine.

International Business Times

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Russia-Ukraine war: List of key events, day 971

As the war enters its 971st day, these are the main developments.

Al Jazeera

Ukraine war briefing: Draft-dodging scandal sees Kyiv’s top prosecutor resign and officials sacked

Andriy Kostin forced out over rash of officials getting disabled status; North Korean soldiers ‘about to arrive in Kursk’. What we know on day 973

The Guardian - AU

US Plans To Contribute $20 Bn For Ukraine Loan: Yellen

The United States plans to contribute $20 billion to a G7 loan package for Ukraine and could soon announce new sanctions targeting Russian weapons procurement, Treasury Secretary Janet Yellen said Tuesday.

International Business Times

UK economy to grow faster than thought in pre-Budget boost for Reeves

Only Spain was given a bigger economic upgrade by the IMF, making the UK the biggest beneficiary for extra growth in the G7 – although the US’s new growth rate of 2.8 per cent is higher

The Independent UK

‘Shocking and desperate’ that North Korean troops fighting for Russia – Healey

South Korea’s spy agency said on Friday it had confirmed that North Korea sent 1,500 special operation forces to Russia earlier in October.

Evening Standard

UK to use frozen Russian assets for £2.26 billion loan to support Ukraine war effort

The funds represent the UK’s share of a $50 billion (£38.39 billion) loan package agreed upon by the G7 nations, financed through interest generated from sanctioned Russian sovereign assets

The Independent UK

UK’s £2.26bn loan for Ukraine ‘can help turn the tables on Putin’s war machine’

Chancellor Rachel Reeves and Defence Secretary John Healey announced the move, which will be funded by profits on frozen Russian assets.

Evening Standard

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The Guardian - UK

UK to lend Ukraine an additional £2.26bn for weapons to fight Russia

Loans will be repaid using interest generated by $300bn of frozen Russian assets held in the west

The Guardian - AU

Middle East crisis: UN special coordinator reports ‘widespread panic’ in Lebanon after evacuation orders– as it happened

This blog is closing now. You can read our full report on the latest Israeli attacks on Lebanon here and our report on the latest Israeli attacks on Gaza here.

The Guardian - AU

Ukraine war briefing: G7 defence ministers pledge ‘unwavering support’ for Ukraine

Mixed reaction to Zelenskyy’s ‘victory plan’; Video purportedly shows North Korean recruits collecting Russian military fatigues. What we know on day 970

International Business Times

G7 Defence Ministers Concerned By Attacks On Peacekeepers, Vow Kyiv Support

G7 defence ministers on Saturday met against the backdrop of multiple ongoing military conflicts, expressing concern over escalation in Lebanon while pledging "unwavering support" for Ukraine.

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Radio France Internationale

G7 defence ministers call for more aid to Gaza, pledge support to Ukraine

In their closing statement, G7 defence ministers reunited in Naples on Saturday voiced support for "significant and sustained increase" in humanitarian aid to Gaza as well as "unwavering" support for Ukraine.

Al Jazeera

G7 backs Ukraine NATO bid, raises concerns over UN peacekeepers in Lebanon

Italian defence minister warns global security framework is increasingly precarious due to competing world visions.

International Business Times

G7 Defense Summit Convenes During 'Historic Moment'

Ministers started talks on Saturday against a backdrop of escalation in the Middle East and mounting pressure on Ukraine as it faces another winter of fighting.

The Independent UK

Watch: G7 defence ministers meet in Naples amid Middle East tensions and Ukraine crisis

G7 ministers are arriving in Naples for a defence summit today (19 October), amid rising global tensions.

International Business Times

Japan Shifting Back To Nuclear To Ditch Coal, Power AI

Glinting in the sun by the world's biggest nuclear plant, the Sea of Japan is calm now.

Top News

Cate Blanchett Stars In Absurd Political Satire 'Rumours'

Explore the upcoming film 'Rumours' that blends political satire with absurdity, featuring a star-studded cast in a unique narrative.

The Independent UK

Cate Blanchett wants you to laugh at politics in ‘Rumours’

The upcoming film “Rumours,” starring Cate Blanchett, starts off criticizing world leaders in a way most political satires would — and then it turns down the wit and turns up the absurdity

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