The Latest Breaking News from G7

Rising mortgage rates will cause ‘financial stress’, MPs hear, as two-year fixed rates hit 15-year high – as it happened

Treasury Committee quiz lenders about mortgage rates, as two-year fixed mortgage rate rises to 6.66%, highest since 2008

The Guardian - UK · Jul 11, 2023

Australia joins G7-backed 'climate club' and promises to drive down greenhouse gas emissions

Australia is joining the ’climate club’ backed by the Group of Seven major economies last year aimed at taking more ambitious action to tackle global warming, Prime Minister Anthony Albanese said Monday

The Independent UK · Jul 10, 2023

Russia oil discount to India shrinks to $4, delivery charges remain opaque

The steep discounts on Russia crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continues to remain ‘opaque’ and higher than normal

The Hindu · Jul 9, 2023

Flexible okonomiyaki gains in popularity among visitors from abroad

Okonomiyaki, a savory pancake-like dish cooked on a griddle, is becoming increasingly popular among international visitors to Japan.

The Japan News/Yomiuri · Jul 2, 2023

Eurozone inflation falls to 5.5% in sharp contrast to UK

Economists put reason for divergence down to Brexit and Britain’s energy price guarantee

The Guardian - UK · Jun 30, 2023

Private sector backed initiative set to charge UK exports with one stop shop

The launch follows research that found that if UK exports had rebounded as strongly as Germany’s following the pandemic, it would be exporting $111bn more than is it now

Wales Online · Jun 30, 2023

Zac Goldmith's resignation letter IN FULL as he rips into 'uninterested' Rishi Sunak

The Tory peer said the Prime Minister's 'apathy' towards environmental and animal welfare issues meant his role as a government minister has become 'untenable' in a blistering letter

Daily Mirror · Jun 30, 2023

Read Zac Goldsmith’s resignation letter in full as former minister attacks Tory election hopes

The former environment minister has quit the day after being criticised in a Partygate report

The Independent UK · Jun 30, 2023

Watchdog rejects Johnson’s suggestion Sue Gray’s Labour job meant she was not impartial investigating Partygate – as it happened

Advisory committee on business appointments says it has seen ‘no evidence’ that Gray’s decision-making was affected despite ex-PM’s claim

The Guardian - UK · Jun 30, 2023

Hipkins meets Xi Jinping: behind the handshakes, NZ walks an increasingly fine line with China

Chris Hipkins anticipated a “diplomatic” meeting with Xi Jinping. The Chinese leader said he placed “great importance” on the relationship with New Zealand. Both businesslike, Hipkins made sure to stress his country was open for business too.

The Conversation · Jun 27, 2023