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The Latest Breaking News from G7

G7 leaders agree to lend Ukraine $50 billion backed by Russia's frozen assets

Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival that would use interest earned on profits from Russia’s frozen central bank assets as collateral.

France 24

G7 leaders agree to lend Ukraine billions backed by Russia's frozen assets. Here's how it will work

The leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival

The Independent UK

G7 leaders to kick off summit in Italy’s southern Puglia

Additional aid to Ukraine, the war in Gaza and investment in Africa will dominate the agenda of the three-day forum.

Al Jazeera

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G7 Eyes Ukraine Funding Plan At Italy Summit

G7 leaders gather Thursday for the first day of an Italy summit, seeking to seal a deal on using frozen Russian assets to help war-torn Ukraine.

International Business Times

Ukraine war briefing: Russian strike on city of Kryvyi Rih kills nine, including five children

Ballistic missile strike is deadliest in weeks; Russia accused of ‘deliberate pattern’ of starvation tactics in siege of Mariupol. What we know on day 841

The Guardian - AU

G7 Leaders Agree To Unblock $50 Bn For Ukraine By End Of 2024: France

Group of Seven leaders have agreed to provide Ukraine with $50 billion via the use of frozen Russian assets by the end of the year, the French presidency said on Wednesday.

International Business Times

With Russia not attending, what can this weekend’s Ukraine peace summit achieve?

The “Summit on Peace in Ukraine”, hosted by Switzerland this weekend, is not a peace conference in the usual sense. Russia, which has dismissed it as irrelevant, won’t participate. And any summit aimed at ending the war can’t produce a final settlement without Russia’s involvement.

The Conversation

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Pope Francis becomes the first of his title to attend the G7 summit—and he’s sounding the alarm on AI: ‘The pope is not an engineer, but he is concerned’

The Catholic spiritual leader has raised concerns about AI for years and has even been the victim of viral deepfakes.

Fortune

Biden, Zelenskyy To Sign US-Ukraine Security Agreement At G7 Summit

The agreement does not include a specific monetary pledge. Instead, it outlines a plan for the Biden administration to work with Congress on long-term funding for Ukraine's defense.

International Business Times

‘All eyes are on her’: Italy’s far-right chameleon, Giorgia Meloni, prepares to host the G7

The Italian leader, hardline at home and moderate abroad, is in a powerful position after the European elections

The Guardian - UK

Trump's Spectre Haunts Biden's G7 Trip

When US President Joe Biden meets world leaders at a lavish Italian resort this week he will be shadowed by an invisible and, for now, uninvited guest: Donald Trump.

International Business Times

President Biden Implements Over 300 New Sanctions Against Russia

President Biden unveils 300+ new sanctions at G7 summit to financially weaken and isolate Russia, targeting entities aiding its war efforts.

Top News

US And Ukraine To Sign Bilateral Security Pact At G7

US and Ukraine to sign a bilateral security pact at G7 summit, enhancing military cooperation and support amid tensions with Russia.

Top News

UN Warns Of Looming Starvation Crisis In Gaza

UN warns of impending famine in Gaza and Sudan, calls for G7 action to prevent starvation.

Top News

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International Business Times

US Unveils Sweeping Sanctions Targeting Russia Over Ukraine War

The United States announced a raft of sanctions Wednesday aimed at constraining Moscow's war in Ukraine while raising the stakes for foreign banks that still deal with Russia, ahead of G7 leaders' talks this week.

The Independent UK

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow

The United States widened its sanctions against Russia Wednesday as G7 leaders prepared to gather in Italy for a summit where top priorities will be boosting support for Ukraine and grinding down Russia’s war machine

Dynamite News

PM Modi to leave for Italy tomorrow for G7 Summit; will hold bilateral meeting with his Italian counterpart Meloni

Prime Minister Narendra Modi is set to leave for Italy on Thursday) to participate in the 50th G7 Summit, scheduled on June 13 and 14. Read further on Dynamite News:

The Guardian - UK

G7 leaders head to Italy for summit as Ukraine and Russia top the agenda

US wants show of strength with planned sanctions for helping Russia, but group will also discuss migration, Middle East and AI

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Roll Call

Split screen: Biden heads to G7 summit as Trump returns to Capitol Hill - Roll Call

President Joe Biden is headed to a G7 summit amid multiple crises as Donald Trump heads to Capitol Hill for the first time as a felon.

Latin Times

Argentina looking to send fighter jets to help Ukraine's war effort

The Javier Milei administration could send five French planes it's not using due to a lack of parts as a result of a British embargo from the Falklands War

Top News

President Biden Heads To Italy For G7 Summit

President Biden heads to G7 summit in Italy to discuss Ukraine aid, Russian assets, and global challenges.

International Business Times

US To Expand Sanctions On Semiconductor Sales To Russia, Targeting Chinese Sellers

The expanded measures, which are likely to be announced Wednesday, are part of the Biden administration's efforts to stop Russia's attempts to bypass Western sanctions and diminish its war capabilities against Ukraine.

Al Jazeera

Russia, China, Ukraine, Africa: What’s on the G7 agenda in Italy?

From frozen Russian assets to growing West-China tensions, leading advanced economies have thorny issues to tackle.

Al Jazeera

US and Ukraine’s EU allies rush to agree deal on Russian assets ahead of G7

Thorny issues remain as Washington tries to overcome scepticism in Western capitals.

Evening Standard

G7 Summit 2024: What are the key issues and who is attending?

In addition to the seven heads of state, leaders from Africa and the Indo-Pacific region will also be present to discuss economic cooperation

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