The Latest Breaking News from G7

Foreign ministers from the Group of Seven (G7) will discuss how to further support Ukraine in ensuring its energy supply during a meeting in Bucharest next week, German Foreign Minister Annalena Baerbock said on Thursday on Twitter.

Talks are taking place in Brussels on a proposal to set the ceiling for the price of Russian natural gas at €275 per megawatt hour. The plan has come under criticism from all sides for either being too complicated, too high or unnecessary. Meanwhile, the G7's plan to cap Russian…

G7 nears a Russian oil price cap; Ukraine setting up ‘invincibility centres’ with heat and power for winter

The Group of Seven nations should soon announce the price cap on Russian oil exports and the coalition will probably adjust the level a few times a year rather than monthly, a senior U.S. Treasury official said on Tuesday.

The Prime Minister braced his Cabinet for misery in the coming months.

Britain facing recession which much of world will avoid, says report

Germany’s economy is the only other G7 nation set to shrink next year

The G7 nations on Sunday slammed North Korea's "reckless" launch of another intercontinental ballistic missile and called on the UN Security Council to take further "significant" action to halt the tests.

A year ago, following US President Joe Biden's election win, multilateralism once again became the beating heart of global climate action. G20 leaders agreed to more ambitious near-term climate targets en route to achieving net-zero emissions by mid-century, and they committed to ending inefficient fossil-fuel subsidies and cooperating on clean…