The Latest Breaking News from G7

New member of Bank’s Monetary Policy Committee believes ‘Brexit is bad for the UK’

The Foreign Ministry on Tuesday released its annual foreign policy report, in which it describes the international community as "at a turning point" in history in light of the Russian invasion of Ukraine and other developments. Foreign Minister Yoshimasa Hayashi presented the report, also called a diplomatic bluebook, at a…

The International Monetary Fund thinks UK plc will shrink 0.3%, and the only other advanced economy in the G7 group expected to decline is Germany’s, by 0.1%

The International Monetary Fund said the UK's economy will grow slower than most other G20 countries.

The UK’s economy will shrink by 0.3% and grow by 1% next year, the IMF said on Tuesday.

Economists blame Brexit, Liz Truss’s economic missteps, and a lack of investment in infrastructure for UK lagging behind

IMF says euro area and UK – one of only two G7 countries forecast to contract in 2023 – especially hit by energy costs and inflation

Russia’s lower house of parliament on Tuesday voted unanimously to introduce electronic mobilisation papers to make it harder for Russian men to avoid the draft. More than 300,000 are believed to have been called up since President Vladimir Putin invaded Ukraine last year. The UN, meanwhile, says the confirmed civilian…

Group of Seven nations are butting heads over the timeline for phasing out coal-fired power ahead of next weekend’s summit of top energy and environmental ministers.

Finance Minister Shunichi Suzuki said on Tuesday that Japan would chair a Group of Seven (G7) financial leaders' meeting on Wednesday in Washington to discuss the global economy and financial markets, the strengthening of supply chains and the Ukraine crisis.

Female candidates in the local elections across the country this weekend face one of the world’s toughest glass ceilings