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The Latest Breaking News from G7

COP28 head urges rich nations to prioritise climate finance for Global South

The president of the COP28 climate talks, Sultan bin Ahmed Al Jaber, called for "available, accessible and affordable" finance for the developing economies most vulnerable to the destructive impacts of global warming. He was addressing G7 environment ministers gathered for talks in Japan.

Radio France Internationale

G7 Ministers Agree to Cut Gas Consumption and Speed-up Renewable Energy

The Group of Seven rich nations have agreed to call for reducing gas consumption and increasing electricity from renewable sources while phasing out fossil-fuels faster and building no new coal-fired plants, France's energy transition minister said on Saturday. G7 environment and energy ministers, however, could not agree on a specific…

Asharq Al-Awsat

G7 climate ministers gather in Japan to resolve fossil fuel feud

G7 environment and energy ministers meet this weekend in Sapporo, Japan, for climate negotiations that are likely to urge more action in a "critical decade", but could also lay bare divisions on ambitious fossil fuel commitments.

Radio France Internationale

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Japanese PM Unhurt after Blast during Campaign Event

Japanese Prime Minister Fumio Kishida was evacuated unharmed Saturday after someone threw an explosive device at a campaign event in a western port city, officials said. Police wrestled a suspect to the ground as screaming bystanders scrambled to get away and smoke filled the air. Although no one was hurt,…

Asharq Al-Awsat

G7 ministers agree to cut gas consumption and speed-up renewable energy

Reuters

G7 energy, environment leaders haggle over climate strategy

Energy and environment ministers of the Group of Seven wealthy nations are meeting in the northern Japanese city of Sapporo to try to forge an agreement on the best way forward in battling climate change

The Independent UK

G7 expected to agree on emission trading rules at Sapporo meeting

The Group of Seven nations are expected to agree on basic principles for trading greenhouse gas emission reductions at a ministerial meeting in Sapporo on Saturday and Sunday, The Yomiuri Shimbun has learned.

The Japan News/Yomiuri

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Security of Europe, Indo-Pacific in focus as G7 foreign ministers gather

Foreign ministers of the Group of Seven nations will focus on the security of both Europe and the Indo-Pacific as they gather in Japan from Sunday against a worrying backdrop of the war in Ukraine and China's growing assertiveness.

Reuters

US to push back against China economic coercion at G-7 meeting

The US is pressing the need for allies to coordinate against economic coercion, not just military threats, as Japan prepares to host top diplomats from the Group of Seven nations amid heightened tensions with China.

Bangkok Post

G7 diplomats to grapple with Ukraine, China, N. Korea crises

Russian threats to nuke Ukraine

The Independent UK

Changing Middle East pushes G7 to discuss waning influence -diplomats

Foreign ministers from the Group of Seven nations will use talks in Japan next week to assess their strategy in the Middle East, diplomatic sources said on Thursday, as strategic shifts bypass Western powers leaving them scrambling for influence.

Reuters

Fragmented world’s rival blocs may risk new cold war, says IMF head

Warning from Kristalina Georgieva after G7 explores economic resilience, secure global supply chains and less reliance on China

The Guardian - UK

Economic hit from public sector strikes worth it to tame UK inflation, says Hunt

Chancellor’s remarks come despite industrial action being major factor in zero GDP growth in February

The Guardian - UK

UK is worst performer in G7 for workforce participation since Covid

Number of working-age adults in work or job hunting is still lower than before pandemic, OECD figures show

The Guardian - UK

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The Guardian - UK

Sunak and Biden’s bilat falls flat as duty briefly calls in Northern Ireland

The US president and the UK prime minister fill time before a speech marking 25 years since the Good Friday agreement

The Independent UK

Economist who lambasted Brexit and Liz Truss joins Bank of England

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

The Japan News/Yomiuri

Foreign policy report sees world at turning point

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…

Daily Mirror

UK will be worst performing G7 nation this year as economy shrinks, experts predict

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%

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Daily Record

SNP blame 'Tory economic incompetence' as UK set for worst growth in G7

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

The Independent UK

UK on track to be worst-performing G7 economy this year despite IMF upgrade

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

The Independent UK

UK economy to shrink by 0.3% – the worst of any G7 country, as IMF warns of more turmoil

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

The Guardian - UK

UK economy forecast to shrink by 0.3% this year, says IMF

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

France 24

Russia plans electronic draft papers to mobilise new army conscripts

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…

Tribune News Service

G-7 nations tussle over bid to phase out coal power by 2030

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.

Reuters

Japan to chair G7 finance meeting in Washington

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.

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