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The Latest Breaking News from G7

Thailand's customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% year-on-year after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in March, which was the highest level since records began in 1991.

Bangkok Post

PM Modi arrives in Samarkand for Shanghai Cooperation Organisation meeting, skips photo ops

Friday will mark Modi’s first face-to-face meeting with Xi since April 2020 LAC stand-off

The Hindu

G7 nations to take tougher line on trade with China

Germany’s economy minister says the Group of Seven major economies have agreed to take a tougher, more coordinated stance toward China when it comes to trade

The Independent UK

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India’s procurement of Russian crude oil not under govt-to-govt framework: Foreign secretary

India’s procurement of discounted crude oil from Russia has seen a significant jump in the last few months notwithstanding an increasing disquiet over it by the Western countries

The Hindu

German economy minister sees possible victory for democracy in Ukraine

German Economy Minister Robert Habeck said on Thursday he could see the possibility of victory for democracy in Ukraine and vowed to send more weapons as the country battles to extend its territorial gains against Russia.

Reuters

The Unkept Promises of Western Aid

How donor countries cook their books and let down the developing world.

Foreign Affairs

4 Energy Stocks You Can Still Buy for Under $20 in 2022

The G7 imposing price cap on Russian oil could raise energy prices in winter. Moreover, the Biden administration is considering refilling its strategic reserves to support prices. And considering OPEC’s upbeat demand outlook, the energy stocks Cenovus Energy (CVE), Birchcliff Energy (BIREF), Amplify Energy (AMPY), and MV Oil (MVO) which…

StockNews.com

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China keeps West guessing about economic pressure on Russia

Chinese leader Xi Jinping is keeping the West guessing about whether Beijing will cooperate with tougher sanctions on Moscow as he meets President Vladimir Putin a year after declaring a “no limits” friendship ahead of Russia's invasion of Ukraine

The Independent UK

Food insecurity during COVID-19: 2SLGBTQ+ people talk about challenges and support

Many people grow up without enough food to eat, even within Canada; a G7 country with one of the world’s most advanced economies. The Government of Canada defines food insecurity as the “inability to acquire or consume” a diet that is adequate in quality and quantity, or “the uncertainty that…

The Conversation

The G7's price cap on Russian oil begins to take shape

The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow's ability to fund its invasion of Ukraine, a plan analysts say could work in the long term but might boost oil prices in coming months.

Reuters

Russia warns the West: energy price cap will be your undoing

Russia warned the West on Friday that plans to try to cap the price of Russia's oil and gas exports in retaliation for the war in Ukraine would fail and ultimately lead to the instability of the United States and Europe.

Reuters

The times that The Queen made us laugh

Stunts with a secret agent, sassiness to heads of states and a shared joke with Sir David Attenborough

Wales Online

The Queen and US Presidents: From dancing with Gerald Ford to watching baseball with George Bush

The monarch played a pivotal role over the decades in the UK's relationship with the leaders of one of its closest allies.

Daily Record

Other nations weighing G7 Russia oil price cap, U.S.'s Adeyemo says

A number of oil-importing countries are considering joining the G7's plan to cap the price of Russian oil, Deputy U.S. Treasury Secretary Wally Adeyemo said on Thursday, adding that the group would issue related rules in the next few days.

Reuters

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Al Jazeera

What should Ukraine expect from UK’s PM Truss?

Ukrainian analysts are optimistic that the new British leader will continue the close UK-Ukraine partnership.

Financial Times

India and China undercut Russia’s oil sanctions pain

Customs data suggest demand from Beijing and New Delhi is largely offsetting loss of sales to Europe

Newsroom.co.nz

NZ expresses active interest in joining German 'climate club'

Officials talk to their German counterparts about a new climate alliance to align trade settings with emissions reductions.

Daily Mirror

Russian energy giant Gazprom shares chilling prediction of gas-less European winter

Energy giant Gazprom, which traditionally has had a large market across Europe, released the film on Monday three days after it announced the indefinite shutdown of pipeline Nord Stream 1

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Reuters

G7 company emissions falling short of global climate goal, study shows

Companies in the Group of Seven (G7) economies are failing to meet Paris Climate Agreement objectives, non-profit disclosure platform CDP and global management consultancy Oliver Wyman said on Tuesday, based on current corporate pledges to cut emissions.

Salon

Gorbachev: The missed opportunity

George H.W. Bush could have helped Gorbachev in 1991. Instead, he paved the way to Vladimir Putin and the oligarchs

The Guardian - UK

Fears rise of energy crisis after Russia switches off the gas – again

Shutdown over ‘oil leak’ comes only hours after G7 nations agree to impose a price cap

Daily Mirror

Europe prepares to cut winter gas use as Russia fails to reopen crucial pipeline

Germany and France aim to lower heat in public buildings, while Italy plans to close them early and cut street lighting by 40%. Gazprom says the Nord Stream 1 gas pipeline could be closed indefinitely

The Guardian - UK

EU ‘prepared to meet challenge’ if Russia fails to respect energy contracts

Comments come after Gazprom extends shutdown of gas supply through Nord Stream 1 to Germany

The Guardian - AU

Zaporizhzhia plant again loses last main power line; public bids farewell to Gorbachev at funeral – as it happened

Nuclear energy facility now linked to grid with a reserve line; former leader buried without state honours

The Guardian - AU

Russia-Ukraine war latest: what we know on day 192 of the invasion

Russia’s Gazprom extends shutdown of Nord Stream pipeline 1; nuclear inspectors to remain at Zaporizhzhia plant; G7 puts price cap on Russian oil

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