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The Latest Breaking News from G7

How gender inequality is hindering Japan's economic growth

Japan’s economy is under pressure from rising energy prices and defence costs and the impact of the pandemic. Plummeting birth rates and an ageing population further threaten the sustainability of its labour market. A 2023 study by independent thinktank the Recruit Works Institute points to a labour supply shortage of…

The Conversation

Labour to impose two-child benefit cap 'more fairly' than Tories, Keir Starmer says

KEIR Starmer has said that a Labour government could impose a two-child cap on benefits “more fairly” than a Tory one – and insisted that…

The National (Scotland)

Employment levels still lower than before pandemic, analysis suggests

The research on official figures up to May showed the employment rate is lower now than it was in nine out of the 12 regions and nations.

The Independent UK

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Australian government spent $42,000 on Sydney-themed Quad merchandise for event that didn’t go ahead

Exclusive: Items included stationery, media banners and accreditation lanyards for summit that was cancelled with just one week’s notice

The Guardian - AU

G-20 negotiators face climate change hurdle

G-20 wrangling over climate change issues threatens to derail consensus ahead of leaders' summit; negotiations to continue in India.

The Hindu

Hiroshima mayor calls nuclear deterrence 'folly' as city marks 78th anniversary of atomic bombing

Hiroshima officials are criticizing growing support for nuclear weapons as a deterent from uneasiness over Russia's war on Ukraine and tensions in the Koreas

The Independent UK

Russia-Ukraine war at a glance: what we know on day 527 of the invasion

Ukraine claims to have incapacitated a ship in Russia’s Black Sea fleet ; Russian defence minister pictured visiting troops inside occupied Ukraine

The Guardian - AU

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Russia-Ukraine war: Kyiv claims to have put a Russian Black Sea ship out of action – as it happened

Moscow has confirmed Ukrainian sea drones attacked a navy base near the Black Sea port of Novorossiysk

The Guardian - AU

OPINION - Post-Brexit border checks delayed again over inflation fears

Finish this sentence for me: Brexit is...? According to the first few results from Google, the answer is:

Evening Standard

The trajectory of progress must change

Pressure to change and new solutions must come from the peripheries of power systems, with movements on the ground in India and around the world

The Hindu

The only G7 member in China’s Belt and Road seems ready to leave

Italy needs to decide by the end of the year whether to remain part of China's controversial infrastructure investment program.

Fortune

Trapped in NATO antechamber, Kyiv eyes 'military Marshall plan'

Strategy is a matter of choice. Turkey’s in extremis blessing of Sweden’s bid to join NATO, two days before the organisation’s Vilnius summit kicked off on 11 July, did not conceal the difficult equation that diplomats had to solve in the Lithuanian capital city: what status should Ukraine be granted?…

The Conversation

UK to be second worst economy in the G7, says IMF

The UK is expected to be the second slowest-growing economy in the G7 this year, the International Monetary Fund has said, despite a major upgrade…

The National (Scotland)

UK to be second worst economy in the G7 in 2023 despite upgrade, says IMF

The International Monetary Fund said it expects UK output to grow by 0.4% this year.

Evening Standard

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The Guardian - UK

UK interest rates need to stay higher for longer to beat inflation, says IMF

US Fed will also have to raise rates more aggressively than forecast, says Washington-based body

The Guardian - UK

UK interest rates forecast to rise less sharply after inflation falls to 7.9%

Annual rate back on downward path, which eases pressure on Bank of England

The National (Scotland)

Kate Forbes: We don’t need a red carpet, we just need roads connecting to the world

The UK is lagging behind other G7 countries, as a new poll indicates there’s a stark gap in confidence between small businesses in the UK and…

France 24

Russia repels Ukraine drone attack on Crimea, says Kremlin

Russia thwarted a Ukrainian drone attack near Sebastopol, a crucial port in Russian-annexed Crimea, Russia's defence ministry said Sunday morning. Moscow's air defence forces and Black Sea fleet reportedly took out a total of nine drones throughout the assault, which the ministry said caused no damage or casualties. Also, President…

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The Guardian - UK

How Britain became the G7’s inflation outlier – in one chart

This week’s CPI figures look set to highlight a trend: that prices in the UK seem to rise faster than they do elsewhere

The Hindu

Analysis | India stakes its G20 legacy on Global South imprint

G20 negotiators led by Indian Sherpa Amitabh Kant continue discussions on draft “Leader’s Declaration” for Summit in Sept. India pushing for AU membership to expand Global South's imprint in G20, diverting attention from Ukraine war. G-7 countries adamant to include war in Ukraine in G20 document, while Russia and China…

The Guardian - UK

Ukraine’s top security official dismisses Ben Wallace’s criticisms of Kyiv

Oleksiy Danilov says UK defence secretary misspoke when calling for more gratitude as he was ‘emotional’

The Guardian - UK

Fast-rising borrowing costs putting UK public finances at great risk, warns OBR

Gloomy report says national debt could exceed 300% of GDP within next 50 years

The Independent UK

Biden says support for Ukraine ‘will not waver’ in fiery Vilnius speech after Zelensky Nato meeting

Enthusiastic crowds gathered at Vilnius University for Biden speech on sidelines of Nato Summit

The Guardian - AU

Biden says ‘no real prospect’ of Putin using nuclear weapons – as it happened

US president plays down worries during Finland visit when asked about whether Russian president could escalate action in Ukraine

France 24

🔴 Live: Putin has 'already lost’ the war in Ukraine, says Biden on visit to Finland

US President Joe Biden said on Thursday that Russian President Vladimir Putin has “already lost” the war in Ukraine as he visited NATO’s newest member country. Biden’s comments came as spokespeople for both the Ukrainian military and the Pentagon confirmed that cluster munitions had been delivered to Ukraine. Follow our…

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