The Latest Breaking News from G7

Labor MPs air clashing views over Israel-Hamas conflict – as it happened

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The Guardian - AU · Oct 19, 2023

'Concessions on both sides' for EU trade deal

Belgium's ambassador to Australia is optimistic a free trade deal between Australia and the European Union will be signed by the end of this year.

AAP · Oct 19, 2023

Four reasons why western companies have been 'trapped' in Russia since it invaded Ukraine

More than 600 days since Russia invaded Ukraine, over 1,400 international companies are still operating in Russia. Only a small percentage of western firms have been able to close down their operations in the country since it invaded Ukraine in February 2022.

The Conversation · Oct 18, 2023

UK economy set for weakest growth in G7 next year as IMF cuts its forecasts

Higher interest rates to stay as global economy ‘limping along’

The Independent UK · Oct 10, 2023

IMF says UK will have weakest growth in G7 next year

But Government says GDP is set to rebound faster than in France or Germany

Evening Standard · Oct 10, 2023

UK moving in ‘reverse gear’ in global race for green growth, think-tank warns

Rishi Sunak’s recent rollback of some net-zero policies makes the UK an outlier, new report suggests

The Independent UK · Oct 5, 2023

Building BRICS for the future

BRICS, a grouping of six new members inducted in August, is an economic compulsion. It has grown to 36% of global GDP and 47% of world population by 2050. It has the potential to challenge G7 dominance and contains two of the world's fastest-growing economies, China and India. The U.S.'s…

The Hindu · Oct 2, 2023

UK economy makes stronger recovery from pandemic than first thought

Revisions to figures show stronger performance than Germany and France but momentum starts to stall

The Guardian - UK · Sep 29, 2023

Western sanctions on Russian diamonds set to disrupt a global industry

G7 experts are set to arrive in India on a fact-finding mission this week ahead of the expected announcement of a new embargo on importing Russian diamonds. An EU ban has also been under discussion for months – but imposing new regulations on the global diamond market is no easy…

France 24 · Sep 27, 2023

Fake coordinates, shadow tankers: How Russia is transporting oil to avoid G7 sanctions

On a sunny day off the southern coast of Greece last week, two aging tankers nestled next to each other while one pumped oil to the other. As far as global satellite tracking systems could tell, it never happened.

The Times of India · Sep 27, 2023