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The Latest Breaking News from Group of Seven

G7 calls on OPEC to play key role to ease global energy supplies

Ministers from the Group of Seven countries on Friday called on OPEC to act responsibly to ease a global energy crunch brought on by the Russian invasion of Ukraine, even as they announced a breakthrough commitment to phase out coal-fuelled power.

Reuters

Germany: G-7 nations can lead the way on ending coal use

Germany’s energy and climate minister says the Group of Seven wealthy nations can lead the way on ending the use of coal

The Independent UK

Kishida: Biden Supports Japan Joining UN Security Council

Japanese Prime Minister Fumio Kishida said Monday that US President Joe Biden supports Japan's bid to join a “reformed” UN Security Council. If approved by the UN, Japan would join Britain, China, France, Russia, and the US as permanent members of the international body's security council. Biden also gave his…

Asharq Al-Awsat

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G7 Countries to Provide $19.8 Billion in Aid to Ukraine

The Group of Seven leading economies agreed Friday to provide $19.8 billion in economic aid to Ukraine to help keep tight finances from hindering its ability to defend itself from Russia’s invasion. German Finance Minister Christian Lindner told reporters that $9.5 billion of the total amount was mobilized at meetings…

Asharq Al-Awsat

Japan, Europe tread different paths as G7 warns of inflation risks

Having long trod a similar path in tackling low inflation, Japan and Europe now appear to be taking contrasting approaches to monetary policy and the risks of rising prices, which drew warnings at this week's Group of Seven gathering in Germany.

Reuters

G7 agree pact to better prepare for future pandemics

The Group of Seven wealthy democracies has announced plans to strengthen epidemiological early-warning systems to detect infectious diseases with pandemic potential

The Independent UK

G7 offers $9.5 billion new aid for Ukraine, ready with more

The Group of Seven's financial leaders agreed on $9.5 billion in new aid to Ukraine on Friday and promised enough money to keep the country's devastated economy afloat as long as it fights against Russia's invasion.

Reuters

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Report: G7 countries set to approve $18 billion for Ukraine

Germany’s finance minister says the Group of Seven leading economies are set to agree on more than $18 billion in aid for Ukrainian defense efforts

The Independent UK

Ukraine's PM and G7 finance ministers discuss steps to recover from war

Ukrainian Prime Minister Denys Shmyhal said on Thursday he and the finance ministers of the Group of Seven rich nations had discussed "practical steps" to help Ukraine recover from the war with Russia.

Reuters

Germany pledges 1 billion euros in grants to help Ukraine - Finance Minister

German Finance Minister Christian Lindner said he pledged 1 billion euros ($1.06 billion) in grants to Ukraine at a meeting of finance officials from the Group of Seven (G7) economic powers on Thursday to help it with short-term liquidity needs.

Reuters

Russia-Ukraine war impact draws focus of G7 finance leaders

Finance ministers for the Group of Seven leading economies on Thursday will deal with the immediate effects of Russia’s war in Ukraine and the COVID-19 pandemic, overtaking their more ambitious plans to reform the global economy

The Independent UK

G7 Finance Ministers to Thrash Out Ukraine Aid Plan

G7 partners meet Thursday hoping to find a solution for Kyiv's budget troubles as the fallout from Russia's invasion of Ukraine continues to roil the global economy. Finance ministers from the Group of Seven industrialized nations are holding talks in Koenigswinter in western Germany to coordinate their response. "The bilateral…

Asharq Al-Awsat

US Congress approves new $40 billion Ukraine aid package

The US Senate overwhelmingly approved a $40 billion infusion of military and economic aid for Ukraine and its allies on Thursday as both parties rallied behind America’s latest, and quite possibly not last, financial salvo against Russia’s invasion. Follow FRANCE 24’s liveblog for all the latest developments. All times are…

France 24

Kremlin says G7 using Russia's reserves for Ukraine would be 'outright theft'

The Kremlin said on Tuesday it would be "outright theft" for the Group of Seven economic powers and European Union to seize Russia's frozen reserves and spend them on behalf of Ukraine.

Reuters

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The Independent UK

Yellen meets war refugees in Poland, pushes food crisis plan

U.S. Treasury Secretary Janet Yellen has met with Ukrainian refugees and urged the need to confront Russian brutality as she visited Poland ahead of a meeting of finance ministers for the Group of Seven leading economies

WEKU

G7 warn of Ukraine grain crisis, ask China not to aid Russia

The Group of Seven leading economies warned Saturday that the war in Ukraine is stoking a global food and energy crisis which threatens poor countries.

The Independent UK

G7 warn of Ukraine grain crisis, ask China not to aid Russia

The Group of Seven leading economies have warned that the war in Ukraine is stoking a global food and energy crisis that threatens poor countries

Reuters

G7 finmins eyeing 30 billion euros in Ukraine aid but opposition remains - Spiegel

The finance ministers of the Group of Seven industrialised nations (G7) aim to agree on providing close to 30 billion euros ($31.15 billion) in financial support to Ukraine at their meeting in Germany next week, Spiegel magazine reported.

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Radio France Internationale

Russia accused of food theft as G7 seeks to unblock Ukraine ports

Russia is being accused of large-scale grain theft as top diplomats from the Group of Seven wealthy nations gather in northern Germany for three days of talks on the global impact of the Ukraine war on food and energy prices.

Asharq Al-Awsat

G7 Condemns Taliban over Growing Restrictions on Women

The Group of Seven industrialized nations on Thursday condemned the growing restrictions placed on women and girls by the Taliban in Afghanistan, accusing the hardline group of isolating the country. "We call on the Taliban to urgently take steps to lift restrictions on women and girls," the foreign ministers of…

The Independent UK

G7 foreign ministers meet to discuss Ukraine war, impacts

Top diplomats from the Group of Seven wealthy nations are gathering in northern Germany to discuss the war in Ukraine

Reuters

China says G7 concern over Hong Kong leader selection is interference

China said on Tuesday that an expression of concern by the Group of Seven industrialised nations over the selection process for Hong Kong's new chief executive was interference in China's internal affairs.

Reuters

G7 flags rights concerns in selection of new Hong Kong leader

The selection process for a new chief executive in Hong Kong is a source of grave concern and underscores wider worries about fundamental freedoms there, a Group of Seven statement said on Monday, prompting a rebuke from China.

Tribune News Service

G-7 expresses ‘grave concern’ over Hong Kong leader’s election

The foreign ministers of the Group of Seven most industrialized nations expressed “grave concern” over the process by which Hong Kong selected its next chief executive, calling it an assault on the fundamental freedoms of the former British colony that returned to Chinese control in 1997.

The Independent UK

Live updates | Japan joins G-7 effort to quit Russian oil

Prime Minister Fumio Kishida says Japan will slowly phase out Russian oil imports in unity with the Group of Seven’s effort against Russia’s invasion of Ukraine

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