All articles tagged with #g7
Originally Published 2 days ago — by Reuters
U.S. Treasury Secretary Scott Bessent announced that Australia and India have been invited to a G7 finance ministers' meeting in Washington to discuss securing critical mineral supplies, amid concerns over China's dominance in the sector and efforts by Western countries to diversify their supply chains.
Originally Published 25 days ago — by Financial Times
Canada's finance minister defends a G7 tax deal that grants the US a special exemption from the global minimum tax, amid objections from China and EU countries, emphasizing the importance of US participation in the agreement.
Originally Published 2 months ago — by France 24
G7 ministers are meeting in Canada amid tensions over defense spending, trade, and conflicts in Gaza and Ukraine, with discussions focusing on peace efforts, support for Ukraine, and strategic security issues, despite disagreements over trade policies and geopolitical stances.
Originally Published 2 months ago — by AP News
Top G7 diplomats are meeting in Canada amid rising tensions with the US over trade, defense spending, and conflicts in Gaza and Ukraine, with efforts to maintain multilateral cooperation despite disagreements.
Originally Published 2 months ago — by Bloomberg.com
The US is hesitant to support an EU-led plan for G7 nations to use frozen Russian assets to fund Ukraine, citing market stability concerns, which marks a setback for EU efforts to raise up to €140 billion for Ukraine through these assets. The US's reluctance, amidst ongoing diplomatic efforts regarding Ukraine and Russia, highlights divisions within the G7 and raises legal and financial complexities for the proposed mechanism.
Originally Published 2 months ago — by politico.eu
The G7 countries are working to coordinate a response to China's recent export restrictions on critical minerals, which are vital for green and defense industries, aiming to diversify supply chains and reduce dependence on China.
Originally Published 2 months ago — by Bloomberg.com
G-7 finance ministers plan a joint response to China's new restrictions on the export of rare earths, aiming to discourage China's control over the global supply, with the US seeking broader international support and potential diplomatic talks with China amid market volatility.
Originally Published 3 months ago — by The Kyiv Independent
The G7+ group held an emergency meeting in Kyiv with over 100 nations and organizations to address Russia's recent large-scale attacks on Ukraine's energy infrastructure, aiming to support Ukraine's energy needs and repair efforts ahead of winter amid ongoing Russian aggression.
Originally Published 3 months ago — by politico.eu
The upcoming G7 finance ministers' meeting will focus on coordinating efforts to seize Russian assets, with the EU, UK, and Canada considering using frozen Russian funds to support Ukraine, amid concerns over legal and reputational risks and efforts to ensure the stability of the euro.
Originally Published 3 months ago — by Bloomberg.com
The G-7 nations are close to agreeing on increased sanctions against Russia, focusing on energy, finance, and military sectors, including measures to target Russian oil exports and entities supporting Moscow's war efforts, with the EU also planning a new sanctions package banning Russian LNG by 2027 and providing Ukraine with significant financial aid.
Originally Published 4 months ago — by Financial Times
The US is urging G7 nations to impose tariffs of up to 100% on China and India in response to issues related to Russian oil, highlighting ongoing international trade tensions.
Originally Published 5 months ago — by politico.eu
European allies are showing support for Ukraine ahead of the upcoming Trump-Putin summit, amid protests in Israel against escalation in Gaza, and tensions involving Russia near Ukraine with recent bridge blasts. Ukrainian President Zelenskyy seeks a meeting with Trump at the G7 summit, while protests in Israel focus on the hostage situation and Gaza conflict. Meanwhile, France experiences celebrations marred by violence, and Russian authorities investigate explosions near Ukraine.
Originally Published 5 months ago — by The Japan Times
Japan is hesitant to recognize Palestinian statehood due to concerns about its relations with the United States and Israel, despite plans by other G7 countries like Britain, France, and Canada to do so. Japan aims for a two-state solution through dialogue and continues humanitarian aid, but fears recognition could provoke backlash and complicate its diplomatic ties.
Originally Published 5 months ago — by BBC
Canada and the US are engaged in complex and tense trade negotiations, with disagreements over tariffs and other issues, as both sides push for a deal amid political and diplomatic challenges.
Originally Published 6 months ago — by Reuters
G7 foreign ministers support the Israel-Iran ceasefire and urge the resumption of negotiations to reach a comprehensive deal on Iran's nuclear program, amid regional tensions and recent conflicts.