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The Latest Breaking News from G7

Rising Prices Cap India's Thirst For Russian Oil

Indian purchases of Russian crude in defiance of Western pressure over the Ukraine war have fallen to an 11-month low as the price tag on the discounted oil rises, figures show.

International Business Times

Russia-Ukraine war: List of key events, day 674

As the war enters its 674th day, these are the main developments.

Al Jazeera

US, Allies Consider Seizing Russian Government Assets and Giving them to Ukraine

They should take this wise and just step sooner rather than later.

Reason

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Russia-Ukraine war: Zelenskiy says security of Ukraine, Europe and US relies on forceful response to Russia – as it happened

Ukraine president thanks US for final aid package under current US legislation

The Guardian - AU

Biden set to sign executive order aimed at financial facilitators of Russian defense industry

President Joe Biden is set to sign a new executive order aimed at targeting financial facilitators of the Russian defense industry

The Independent UK

Japan expands sanctions over Russia’s war in Ukraine

Tokyo adds 57 Russian new organisations to its trade blacklist in latest measures to punish Moscow.

Al Jazeera

Top experts 'lay bare Tories' economic ineptitude' ahead of Scottish Budget

KATE Forbes has highlighted “critical quotes” from experts at the Office for Budget Responsibility (OBR) ahead of the announcement of the next…

The National (Scotland)

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Sunak’s political romance with anti-migrant Italian PM

The two leaders now see each other as key allies, particularly over tackling small boats reaching European shores

The Independent UK

Here’s how to find more funds for Ukraine – liquidate Russia’s $300bn in frozen assets

The west could help release billions and hurt Putin’s war effort at the same time, says Olena Halushka, co-founder of the International Center for Ukrainian Victory

The Guardian - UK

Japan pledges $4.5B more in aid for Ukraine, including $1B in humanitarian funds

Japan’s Prime Minister Fumio Kishida has pledged $4.5 billion to Ukraine, including $1 billion in humanitarian aid to help support the war-torn country’s recovery efforts

The Independent UK

China warns against ‘undermining’ Belt and Road plan after Italy withdraws

Italy, the only major Western power to have joined China’s global infrastructure initiative, is exiting in 2024.

Al Jazeera

Nearly 20,000 children deported to Russia, Ukraine’s human rights commissioner says – as it happened

Ukraine human rights commissioner says more and more children are being deported each day

The Guardian - AU

G7 bans Russian diamonds from January in show of solidarity to Zelensky

G7 announcement does not mention tracing of polished stones or carat size, which can help Russia evade ban

The Independent UK

Republicans block Ukraine funding over US-Mexico border despite Biden pleas

The Kremlin has celebrated the gridlock, saying it hopes US lawmakers will keep axing Biden’s aid plan.

Al Jazeera

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Al Jazeera

Russia-Ukraine war: List of key events, day 652

As the war enters its 652nd day, these are the main developments.

The Guardian - AU

Russia-Ukraine war at a glance: what we know on day 652

US Republicans block funding bill that included aid for Ukraine; former Ukrainian MP shot dead in Moscow park

Radio France Internationale

Italy officially withdraws from China's Belt and Road project

Italy has withdrawn from China's vast Belt and Road infrastructure initiative, more than four years after becoming the only G7 nation to sign up to the strategy.

The Guardian - UK

Italy to withdraw from China’s belt and road initiative, say sources

Decision of only G7 nation to join project reportedly communicated to Beijing three days ago

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The Guardian - AU

Russia-Ukraine war: Russia-UAE relations at new high, Putin says – as it happened

Russian president visits United Arab Emirates and Saudi Arabia for talks

International Business Times

Ukraine's Zelensky To Join G7 Leaders Video Summit Wednesday

Ukrainian President Volodymyr Zelensky will join a video summit later Wednesday with the leaders of the G7, chair Japan said, hours after unexpectedly skipping a virtual meeting with US senators.

The Guardian - UK

UK has lacked coherent economic strategy for years, thinktank finds

Trade has been hit by Brexit, while the number in poverty has risen sharply in a country ill-prepared for the future

International Business Times UK

Bank of England Warns of Potential Market Correction Amidst Economic Uncertainties

The House of Lords Economic Affairs Committee released a report that critiques the Bank of England's scope of operation amidst the current cost of living crisis.

The Independent UK

Watch live: Jeremy Hunt grilled by Treasury committee as Britain to suffer highest inflation in G7

Watch live as Jeremy Hunt is questioned by the Treasury Committee on Wednesday, 29 November, after a major international forecast showed that Britain is set to suffer the highest inflation and the second-slowest growth rate in the G7.

The National (Scotland)

UK forecast for second-worst economic growth in the G7

The UK economy is set for the second-slowest growth of the world’s G7 advanced economies, according to new forecasts.

The Independent UK

Watch again: Sunak faces Starmer at PMQs as UK suffers economic blow

Watch as Rishi Sunak faces Sir Keir Starmer at Prime Minister’s Questions on Wednesday 29 November.

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