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The Latest Breaking News from G7

UK inflation nightmare - why Britain is suffering more than any other major economy

Inflation is tipped to average 6.9% as it takes longer to come down here than in any other G7 nation, according to the Organisation for Economic Cooperation and Development

Daily Mirror

Japan court falls short of calling same-sex marriage ban unconstitutional

The complicated ruling from a court in Fukuoka comes after four other courts reached differing conclusions, and ahead of a parliamentary debate on the subject

The Guardian - AU

Sunak accused of ‘bottling’ US baseball pitch by senior Tory

‘He bottled it – I bet you he bottled it’, says ex-Tory chairman Jake Berry

The Independent UK

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Sunak to raise concerns about Biden’s green subsidies

PM talks up anti-protectionist agenda ahead of meeting – insisting subsidy races are ‘zero sum’ game

The Independent UK

Britain’s economy to suffer second worst growth in G7 this year

New analysis reveals only Germany will perform worse than UK, despite improved growth projections

The Independent UK

Rishi Sunak lays wreath at Arlington National Cemetery on first day of US visit

A Union Flag was carried by the party accompanying the Prime Minister as he made his way to the monument

Evening Standard

Kinnock's Brexit warning to Starmer over EU Single Market and economic pledge

The former Labour leader issued a warning to the current incumbent over meeting his economic vow while remaining outside the Single Market and Customs Union

Daily Mirror

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Sunak talks up free trade on his way to Washington DC to meet Biden

Prime minister extols anti-protectionist agenda apparently at odds with large subsidies going to the US green energy sector

The Guardian - UK

Rishi Sunak to flag Inflation Reduction Act concerns in talks with Joe Biden

He will also push for action on artificial intelligence (AI) regulation and seek greater economic co-operation with the US.

The Independent UK

Angus Taylor says Australia's core inflation is higher than all the countries in the G7. Is that correct?

Shadow Treasurer Angus Taylor says Australia has higher core inflation than all of the countries in the G7. Is that correct? RMIT ABC Fact Check investigates.

ABC News

Price caps on groceries are not the answer to the UK's inflation problem

Prime Minister Rishi Sunak is proposing a form of price caps on basic food items like milk and bread to slow their price increases. This is likely to set maximum prices which sellers are not allowed to exceed, though it appears it would be voluntary.

The Conversation

Sanctions on Russia over Ukraine must be maintained, Japan says

Japan and like-minded countries must be united and maintain sanctions on Russia until it ends its aggression in Ukraine, Japan's foreign minister, Yoshimasa Hayashi, said on Friday.

Reuters

Factbox-Governments race to regulate AI tools

Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology.

Reuters

U.S. resisting global push for peace

Global South leaders, and even some in NATO, are pushing Putin and Zelenskyy toward talks. Time for U.S. to step up

Salon

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Fortune

U.S. CEOs like Jamie Dimon and Elon Musk travel to China as Sino-American relations worsen

Some of America's top business leaders are visiting China this week, even after the G7 called for a strategy to diversify away from China.

The Guardian - UK

Running out of battery: how post-Brexit Britain is failing to set up a future-focused economy

One-off deals won’t keep pace with the big industrial strategies of the US and EU, says Mariana Mazzucato, a professor in the economics of innovation

The Independent UK

Biden will welcome Sunak to White House next week

Mr Biden and Mr Sunak last met at the Group of Seven summit in Japan

Evening Standard

Rishi Sunak to visit Washington DC for talks with Joe Biden

Discussions will cover the economy, the environment and the war in Ukraine.

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The Independent UK

Sunak to visit Washington DC for talks with Biden

Discussions will cover the economy, the environment and the war in Ukraine.

The Guardian - UK

Japan government under renewed pressure to end same-sex marriage ban

Calls grow for marriage equality as another court rules ban is unconstitutional

Reuters

Ukraine peace plan is only way to end Russia's war, says Zelenskiy aide

Kyiv's peace plan is the only way to end Russia's war in Ukraine and the time for mediation efforts has passed, a top aide to President Volodymyr Zelenskiy said.

The Hindu

A belligerence towards Beijing that is unsettling

In the actions against China, the U.S. President is outlining what is called the new Washington Consensus that is designed to re-establish U.S. hegemony.

Reuters

Italy PM says good ties with China possible without Belt and Road

Good relations with China are possible even without being part of the Belt and Road Initiative (BRI) deal, Italian Prime Minister Giorgia Meloni said in an interview published on Sunday, as her government weighs abandoning the project.

The Guardian - UK

The moment has arrived: Biden must give Ukraine all it needs to win

It’s Zelenskiy who is setting the pace diplomatically and strategically. The US must end the prevaricating that may have needlessly prolonged the war

The Guardian - UK

Is No 10 waking up to dangers of artificial intelligence?

Debate among UK ministers appears to be shifting as warnings about fast-moving AI industry are taken more seriously

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