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The Latest Breaking News from Group of Seven

G7 summit to focus on Russia sanctions, Ukraine reconstruction - German source

Leaders of the Group of Seven (G7) nations will focus on Ukraine at the upcoming summit in Germany as they discuss how to proceed with sanctions against Russia, a German government source said on Monday.

Reuters

Japan court rules same-sex marriage ban is not unconstitutional

A Japanese court ruled on Monday that a ban on same-sex marriage was not unconstitutional, dealing a setback to LGBTQ rights activists in the only Group of Seven nation that does not allow people of the same gender to marry.

Reuters

US National Security Adviser Sullivan Tests Positive for COVID

US national security adviser Jake Sullivan tested positive for COVID-19 on Saturday, a week before he is due to accompany President Joe Biden to a meeting of the Group of Seven advanced economies, NSC spokesperson Adrienne Watson said. Watson said Sullivan has not been in close contact with Biden, and…

Asharq Al-Awsat

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Scholz: G7 will support Ukraine 'for as long as necessary'

German Chancellor Olaf Scholz says the Group of Seven leading democracies will make clear at their upcoming summit that Ukraine can expect to receive the support it needs “for as long as necessary.”

The Independent UK

Germany's Scholz to travel to Kyiv with Macron and Draghi before G7 - Bild am Sonntag

German Chancellor Olaf Scholz will travel to Kyiv with his counterparts from France and Italy before the Group of Seven summit at the end of June, Bild am Sonntag reported on Saturday.

Reuters

Germany to introduce some border checks during G7 summit

Germany says it will temporarily introduce some border controls as the country gets ready to host the Group of Seven summit later this month in the Bavarian Alps

The Independent UK

As gas prices soar, Joe Biden likely to visit Saudi Arabia

WASHINGTON: President Joe Biden is likely to visit Saudi Arabia later this month as part of an international trip for Nato and Group of Seven meetings, according to people familiar with the matter, with record high US gas prices weighing on his party's political prospects.

The Times of India

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Biden likely to visit Saudi Arabia as US gasoline prices spiral, sources say

WASHINGTON — President Joe Biden is likely to visit Saudi Arabia later this month as part of an international trip for NATO and Group of Seven meetings, according to people familiar with the matter, with record high U.S. gas prices weighing on his party’s political prospects.

Tribune News Service

G7 foreign ministers decry latest North Korean ICBM test

The Group of Seven major economies jointly condemned on Monday North Korea's latest intercontinental ballistic missile test and called on all U.N. member states to condemn the nuclear-armed state's actions.

Reuters

G7 countries say strict environmental rules needed for deep-sea mining

The Group of Seven countries on Friday agreed stringent environmental controls should govern deep-sea mining and that they would consent to such mining projects only if they did not seriously harm the marine environment.

Reuters

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

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

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Reuters

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.

The Independent UK

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

Reuters

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.

The Independent UK

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

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Reuters

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.

The Independent UK

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

Asharq Al-Awsat

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…

France 24

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…

Reuters

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.

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

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