Tag - g7

 
 

G7

U.S. Secretary of Treasury Janet Yellen and Ukrainian Minister of Finance Sergii Marchenko speak prior to signing a joint statement on a U.S. loan paid for by profits from Russia's sovereign assets, at the Treasury Department in Washington on Wednesday.
WORLD / Politics
Oct 24, 2024
U.S. finalizes $20 billion share of $50 billion G7 loan to Ukraine
"Ukraine can receive the assistance it needs now, without burdening taxpayers," said U.S. President Joe Biden.
Group of Seven defense chiefs attend the grouping's first-ever defense ministers' meeting in Naples, Italy, on Saturday.
JAPAN / Politics
Oct 20, 2024
G7 defense chiefs voice concern over Chinese military drills around Taiwan
The defense chiefs singled out China over a number of concerns, though their decision to emphasize Taiwan, in particular, is unlikely to go over well in Beijing.
Ukrainian soldiers drive in an undisclosed area of the eastern Donetsk region on Aug. 5.
WORLD
Aug 24, 2024
Ukraine jittery over funding delays from frozen Russian assets
The financing would provide badly needed support for Ukraine as it battles Russia on two different fronts.
Britain's Business, Energy and Industrial Strategy Secretary Jonathan Reynolds leaves at the end of a cabinet meeting at 10 Downing Street in London on July 9.
BUSINESS
Jul 17, 2024
New British trade minister optimistic EU trade barriers can be eased
While the newly elected Labour Party has pledged not to reopen the U.K.'s Brexit deal, it is aiming for a new agreement to reduce border checks on animal products.
Group of Seven leaders and officials look to the sky during a ceremony involving paratroopers at Borgo Egnazia Golf Club San Domenico in Savelletri, Italy, on Thursday.
JAPAN / Politics / First person
Jun 17, 2024
In perspective: a firsthand account of this year’s G7
In an increasingly multipolar world, the bloc's relevance comes into question, but any attempt to foster dialogue and ease tensions should be welcomed.
Ukrainian President Volodymyr Zelenskyy at the Summit on Peace in Ukraine in Switzerland on Sunday. The gathering brought together over 50 heads of state and government, excluding Russia, to work out a way toward a peace process for Ukraine.
COMMENTARY / World
Jun 17, 2024
Why Ukraine isn’t ready for peace talks
It's no exaggeration to say that what happens in Ukraine matters to the world order. A rushed peace would stop the fighting, but by compromising the country's future.
Prime Minister Fumio Kishida is welcomed by Ukrainian President Volodymyr Zelenskyy prior to the start of a Ukraine peace summit in Burgenstock, Switzerland, on Saturday.
JAPAN / Politics
Jun 16, 2024
Kishida calls for peace, as Russia's absence overshadows Ukraine summit
Representatives from more than 90 countries and a dozen international organizations are advocating for a concrete and united roadmap to peace in Ukraine.
U.S. President Joe Biden talks with Indian Prime Minister Narendra Modi at the G7 summit in Savelletri, Italy, on Friday.
ASIA PACIFIC / Politics
Jun 16, 2024
Modi seizes center stage at G7 to ambush Biden and Trudeau
Modi arrived at the G7 meetings bruised by disappointing election results and facing an outcry over a pair of assassination plots allegedly backed by his government.
Environmental activists from the group Extinction Rebellion demonstrate outside the media center set up for the Group of Seven leaders' summit, in Bari, Italy, on Friday.
ENVIRONMENT / Climate change
Jun 15, 2024
Experts and activists slam 'pointless' G7 on climate
The Group of Seven rich democracies was assailed for having failed to deliver significant new progress on climate during a summit in Italy.
U.S. President Joe Biden joins other world leaders, including Prime Minister Fumio Kishida, as they watch a skydiving demonstration at the annual Group of Seven summit in Savelletri, Italy, on Thursday.
WORLD / Politics / ANALYSIS
Jun 15, 2024
G7 leaders unite to hammer China over trade and Russian lifeline
Group of Seven leaders warned Beijing over its "harmful" trade practices and dispatch of dual-use products to Russia for its war in Ukraine.
Pope Francis and Prime Minister Fumio Kishida talk ahead of a Group of Seven session on artificial Intelligence, energy, Africa and the Mediterranean on the second day of the G7 summit in Borgo Egnazia, Italy, on Friday.
WORLD / Politics
Jun 15, 2024
G7 agree on AI code of conduct and joint initiatives for Africa
The bloc also agreed to build a common framework to combat illegal migration, with the aim of cracking down on human trafficking.
Prime Minister Fumio Kishida speaks with Ukrainian President Volodymyr Zelenskyy on the sidelines of the Group of Seven summit in Fasano, Italy, on Thursday.
JAPAN / Politics
Jun 14, 2024
Japan locks in support for Ukraine with nonbinding security agreement
The deal formalizes Tokyo’s support for Kyiv and includes a pledge to conduct consultations in the case of future attacks on the war-torn country.
U.S President Joe Biden and Ukrainian leader Volodymyr Zelenskyy after a bilateral meeting on the sidelines of the Group of Seven summit in Fasano, Italy, on Thursday
WORLD / Politics / ANALYSIS
Jun 14, 2024
G7 agrees on $50 billion loan to support Ukraine with Russian assets
The loan to the war-torn country will be repaid using interest generated by $300 billion worth of immobilized Russian funds, G7 leaders said.
A display of unmanned systems during a presentation of drone military hardware of the Unmanned Systems Force of the Ukraine Armed Forces in Kyiv on Tuesday
WORLD / Politics
Jun 12, 2024
G7 to announce ‘new steps’ on frozen Russian assets, U.S. says
The development indicates that leaders have all but agreed on a political deal to announce a loan of roughly $50 billion.
Leaders of six major countries hold a joint news conference following an inaugural summit held in the Parisian suburb of Rambouillet in November 1975.
JAPAN / Politics
Jun 12, 2024
G7 becomes political playmaker; major nations to hold 50th summit
The world's major democracies are set to hold their 50th summit, a milestone for the framework.
Italian Prime Minister Giorgia Meloni, this year's Group of Seven chair, speaks following the announcement of the partial results of European Parliament elections, in Rome on Monday.
WORLD / Politics / FOCUS
Jun 11, 2024
Using frozen Russian assets to help Ukraine to top G7 agenda
Under the chairmanship of Italian Prime Minister Giorgia Meloni, G7 leaders will have their hands full at the three-day gathering.
Discussions are increasingly focusing on two options depending on who — the U.S. or the EU — would borrow the money for Ukraine, with different details to be sorted out depending on the choice.
WORLD / Politics
Jun 7, 2024
How G7 and EU plan to leverage frozen Russian assets for Ukraine
Profit generated by Russian central bank funds frozen worldwide will be used to service a $50 billion loan raised on the market for Kyiv.
Bank of Japan Gov. Kazuo Ueda (center), Bank of Italy Gov. Fabio Panetta (left) and Italy's Minister of Economy and Finance Giancarlo Giorgetti at the Group of Seven finance chiefs and central bankers' meeting in Stresa on Friday.
BUSINESS / Economy
May 26, 2024
Bank of Japan refrains from warning against yield rise to 12-year high
The BOJ ended eight years of negative interest rates and other remnants of its radical monetary stimulus in March.
U.S. Treasury Secretary Janet Yellen has urged European allies to act together with the United States to find a way to unlock the value of around $280 billion in frozen Russian assets so they can provide sustained financial support to Ukraine.
WORLD / Politics
May 26, 2024
G7 ministers cite 'progress' but no done deal on Russian assets for Ukraine
Group of Seven finance ministers cited "progress" in finding ways to use profits from frozen Russian assets to help Ukraine as they wrapped up a meeting.
U.S. Secretary of the Treasury Janet Yellen holds a news conference ahead of a meeting of Group of Seven finance ministers and central bank governors in Stresa, Italy, on Thursday.
BUSINESS / Economy
May 26, 2024
China slammed in G7 show of unity threatening trade escalation
The Group of Seven ministers and bankers accused the world’s second-biggest economy of hurting the economies of its trade partners.

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