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The Latest Breaking News from G7

Taiwan's Tsai thanks G7 for supporting regional peace and stability

Taiwan's President Tsai Ing-wen thanked the Group of Seven (G7) nations on Thursday for supporting regional peace and stability after the group called on China to resolve tensions in the Taiwan Strait in a peaceful manner.

Reuters

Chinese fighter jets cross into Taiwan's air defence zone in wake of Pelosi visit

Taiwan's defence ministry said Wednesday that 27 Chinese warplanes had entered Taiwan's air defence zone, hours after US House Speaker Nancy Pelosi made a controversial visit to the island, which Beijing considers part of Chinese territory.

France 24

Grain ship leaves Ukraine port for first time since Russia blockade

Attack on Odesa port had cast doubt on deal negotiated by Turkey and UN to avoid widespread famine

The Guardian - UK

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Political Pulse / Is there a path to Kishida's vision of a world free of nuclear weapons?

On Aug. 1, Prime Minister Fumio Kishida will become the first Japanese prime minister to address the Nuclear Non-Proliferation Treaty (NPT) review conference in New York. It is rare for national leaders to take part in NPT review conferences, which are usually held every five years, and Kishida's participation will…

The Japan News/Yomiuri

The British boats helping Putin’s Russia avoid oil sanctions

Off the Suffolk coast, industrial-scale transfers of Russian crude reveal a major hole in efforts to squeeze the Kremlin, Ben Chapman writes

The Independent UK

G7 calls on Myanmar to refrain from more ‘arbitrary executions’

The group was the latest to condemn the execution of pro-democracy activists by Myanmar’s coup leaders.

Al Jazeera

G7: Myanmar's military must refrain from further "arbitrary executions"

The Group of Seven on Thursday condemned the execution of four pro-democracy activists in Myanmar and called on the ruling military to "refrain from further arbitrary executions" and to free all political prisoners.

Reuters

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G7 aim to have price cap on Russian oil in place before Dec 5

The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne imports of Russian crude come into force, a senior G7 official said on Wednesday.

Reuters

World is 'teetering on the edge of recession' as UK set to be weakest G7 economy

The outlook from the IMF isn't rosy

Wales Online

UK growth forecast downgraded AGAIN as IMF makes gloomy prediction

THE UK’s economic growth is slowing even more due to rampant inflation and it is set to be the weakest economy among the G7 nations next year, the…

The National (Scotland)

There is a global debt crisis coming – and it won’t stop at Sri Lanka

Foreign capital flees poorer countries at the first sign of instability. The pandemic and Ukraine war ensure there is plenty of that around, says economist Jayati Ghosh

The Guardian - UK

Trump said ‘lot of things that proved to be true’, says Liz Truss

Tory leadership hopeful wants G7 turned into ‘economic Nato’ to tackle influence of China

The Independent UK

Boris Johnson's 10 greatest PMQs 'lies' as he clashes with Keir Starmer for last time

As the era of Boris Johnson at PMQs comes to an end today, we look back on 10 of the biggest false or misleading statements he's made since his took office in 2019

Daily Mirror

What’s happening to Russian gold?

A ban is in the works but the question is, how effective will it be in limiting Putin’s war chest?

Al Jazeera

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The Hindu

Sharing power with the next generations

A new idea of ‘inter-generational justice’ is gaining traction as a better way of producing a more equitable global order

France 24

Russian independent broadcaster TV Rain relaunches from abroad

Russian independent TV station Dozhd (TV Rain) resumed broadcasting on Monday evening from abroad after being forced to shut its Moscow studio due to the Ukraine war. The European Union and Azerbaijan signed a memorandum of understanding Monday to double gas imports from the energy-rich Caspian nation to Europe, which…

Al Jazeera

Russia sanctions 384 Japanese lawmakers over stance on Ukraine

Russia bans 384 Japanese lawmakers from entering country in response to Tokyo joining the G7 in sanctioning Moscow.

Al Jazeera

EU proposes new sanctions on Russian gold exports

The move follows a decision taken by the world’s most industrialised nations at a G7 meeting in late June.

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Radio France Internationale

EU to target Russian gold exports in latest Ukraine invasion sanctions

The European Union will target Russian gold exports in an upgrade of the bloc's sanctions against Moscow, due to be announced on Friday.

Wales Online

British workers face world's worst pay squeeze as real wage level is forecast to drop 6.2%

Unions accuse Tories of breaking promises and leaving UK trailing other leading economies

The Independent UK

Real wages forecast to ‘shrink’ over the next two years

TUC says families left ‘brutally exposed’ to Britain’s cost-of-living crisis after years of wage stagnation.

The Conversation

Ukraine war: Russia's G20 walkout heightens tensions at fractious summit as China's rise continues

While G20 foreign ministers were meeting in Bali, Indonesia, the Russian president, Vladimir Putin, threatened further escalation in his war against Ukraine, announcing to the world that “by and large, we have not started anything in earnest yet”. What he meant became quickly clear when a missile attack hit an…

The Guardian - UK

West must force private lenders to ease Africa’s crippling debt, say campaigners

Banks and traders have been ‘let off the hook’ by G7 despite being more to blame for the looming crisis than China

France 24

‘A job to run away from’: Dilemmas await successor to UK's Johnson

Nominations for the 11 Tory leadership contenders are expected to open on Tuesday, with MPs voting in the first round later in the week. Analysts anticipate that Boris Johnson’s successor in Downing Street will inherit a poisoned chalice. Topping the list of problems, the cost of living crisis vexing the…

Al Jazeera

Ukraine latest updates: UN says civilian death toll tops 5,000

Ukraine news from July 12: UN human rights office says 5,024 people killed in Ukraine since Russia’s invasion began.

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