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The Latest Breaking News from G7

Russia poised to largely skirt new G7 oil price cap

Russia can access enough tankers to ship most of its oil beyond the reach of a new G7 price cap, industry players and a U.S. official told Reuters, underscoring the limits of the most ambitious plan yet to curb Moscow's wartime revenue.

Reuters

Australia and Japan to share intelligence on China in security deal, ambassador says

In interview with Guardian Australia, Shingo Yamagami also hints Australia is likely to be invited to G7 summit in Hiroshima

The Guardian - AU

Exclusive-U.S. says Russia oil price cap will not be aimed at OPEC

New steps from Group of Seven countries to cap Russian oil sales at an enforced low price will not be replicated against OPEC producers, whose plans to cut output have irked consumer countries, a United States Treasury official told Reuters.

Reuters

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Wars aren't won with peace economies

Politically, the G7 and likeminded countries around the world have adopted a war footing to stop Russian aggression. Russian President Vladimir Putin violated the most fundamental principle of international law by launching an unprovoked attack on another member of the United Nations -- an institution created explicitly to prevent such…

Bangkok Post

No one thought mini-budget was a ‘bad idea’, senior minister admits

The Cabinet was not consulted on the doomed plan set out by Kwasi Kwarteng but no one in the top team thought it was bad.

The Independent UK

Putin’s lying diplomats make excuses for terror in Ukraine. Expel them all

Diplomacy isn’t working and Putin doesn’t want peace. Western countries should close their embassies and send Russia’s envoys packing

The Guardian - UK

What happened in the Russia-Ukraine war this week? Catch up with the must-read news and analysis

Kerch bridge attacked; Russia launches strikes across Ukraine; winter weaponised

The Guardian - AU

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Editorial: Resolve needed amid Russian missile strikes

Russia's response this week to an attack on a critical Crimean bridge reflected the difference between the governments in Kyiv and Moscow.

Tribune News Service

Creditors say Chad does not need debt relief now given oil price surge

Chad's creditors on Thursday said they had agreed that the African country did not need debt relief at the moment given a surge in oil prices, but committed to reconvene if a financing gap was identified.

Reuters

Germany's Lindner: Ukraine can rely on G7 finance support in times of war

Leaders from the Group of Seven (G7) rich nations have assured Ukrainian officials that they will continue to provide financial support for Ukraine as it battles invading Russian forces, Germany's finance minister said on Thursday.

Reuters

Oil output cuts 'raise recession risk'

LONDON: A decision by the Opec+ oil producers’ group last week to cut output has driven up prices and could push the global economy into recession, the International Energy Agency warned on Thursday.

Bangkok Post

G7 finance leaders pledge to intensify climate efforts despite war challenges

Finance leaders from the Group of Seven wealthy democracies on Wednesday pledged to increase emissions reductions efforts and climate support for developing countries despite energy cost and security challenges prompted by Russia's war in Ukraine.

Reuters

In France, Russia's attacks drive "new impetus" to aid Ukraine

France is discussing supplying air defense systems, officials tell Axios.

Axios

Putin ‘totally miscalculated’ Russia’s ability to occupy Ukraine, Biden says

US president tells CNN he believes Putin’s objectives in Ukraine invasion were irrational but that he would not use a nuclear weapon

The Guardian - AU

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The Guardian - AU

Russian nuclear strike would trigger a ‘physical response’ by Nato, says official – as it happened

Any use of nuclear weapons by Moscow would have ‘unprecedented consequences’ for Russia, Nato official warns

The Independent UK

Russia-Ukraine war – live: Kyiv denies Crimea bridge attack as Nato ‘faces long cold war’

Russian investigators peddling ‘nonsense’ says Ukraine after Kremlin arrests

Al Jazeera

Australia may provide military training to Ukraine forces: PM

Prime Minister Anthony Albanese says his government is considering a request from Ukraine’s President Zelenskyy.

The Guardian - AU

Russia-Ukraine war latest: what we know on day 231 of the invasion

Eight people detained in Russia over Crimea bridge attack; Zaporizhzhia nuclear power station loses off-site power again

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Daily Mirror

NATO prepares nuclear drills and doubles warships in Baltic Sea

The alliance will proceed with its annual nuclear preparedness exercise 'Steadfast Noon' next week - in which NATO air forces practise the use of US nuclear bombs based in Europe with training flights

The Guardian - AU

Morning mail: 200,000 robodebt reviews wiped, G7 leaders warn Putin over nuclear threat, Bali bombings remembered

Wednesday: The federal government has scrapped robotdebt investigations that were on hold for three years. Plus: the rise of men’s netball

The Guardian - UK

G7 leaders dodge decision on imposing price cap on Russian oil

Promised plan still mired in debates over feasibility and wisdom, with Germany fearing further Russian energy cuts in response

Evening Standard

G7 say Russian missile attacks are ‘war crimes’ and it will hold Putin to account

Nations will back Ukraine in conflict ‘for as long as it takes’

Daily Mirror

MP questions whether UK should sanction Elon Musk over Ukraine 'double game'

Chris Bryant, who chairs the All Party Parliamentary Group on Russia, today asked Defence Minister Alec Shellbrooke in the House of Commons whether the government had considered placing sanctions on SpaceX boss Elon Musk

Tribune News Service

G-7 leaders pledge to support Ukraine ‘for as long as it takes’

Group of Seven leaders vowed to support Ukraine “for as long as it takes” and condemned Russia’s recent steps to escalate its war there “in the strongest possible terms.”

Axios

G7 leaders pledge to support Ukraine for "as long as it takes"

"Any use of chemical, biological or nuclear weapons by Russia would be met with severe consequences."

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