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The Latest Breaking News from G7

Italy's Far-right Giorgia Meloni Emerges Stronger From EU Vote

Giorgia Meloni's far-right party won a decisive victory in European elections in Italy, early results showed Monday -- making her one of the few EU leaders to emerge stronger after the vote.

International Business Times

President Biden Emphasizes Importance Of Defending Democracy During European Trip

President Biden and National Security Advisor Sullivan emphasize democracy and unity during the Europe trip, marking the 80th anniversary of D-Day.

Top News

FTSE 100 Live 6 June: Index closes up 0.5% as ECB cuts interest rates

The FTSE 100 tumbled today as another blowout US jobs report dimmed hopes that the country’s Federal Reserve will follow the central banks of Europe and Canada in cutting interest rates soon.

Evening Standard

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Russia-Ukraine war: List of key events, day 831

As the war enters its 831st day, these are the main developments.

Al Jazeera

🔴 Live: Hamas will deal ‘positively’ with any ceasefire deal based on war’s total halt

Hamas will deal “seriously and positively” with any ceasefire agreement that is based on the total halt of war, complete Israeli withdrawal from Gaza, and an Israeli hostages-Palestinian prisoners swap deal, Hamas political leader Ismail Haniyeh said in a statement on Wednesday. Israel earlier repeated its refusal to halt the…

France 24

G7 countries endorse new Gaza truce plan, urge Hamas to accept

The G7 group of developed countries on Monday said it stood behind a Gaza peace deal endorsed by US President Joe Biden, and called on Hamas to accept it.

Radio France Internationale

Biden sees Hamas as ‘only obstacle’ to Gaza deal, White House says

Biden ‘confirmed Israel’s readiness to move forward’ in call with Qatar’s Emir Sheikh Tamim bin Hamad Al Thani.

Al Jazeera

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Netanyahu remarks could damage Gaza hostage-ceasefire deal, Israeli officials say

They are concerned the Israeli prime minister's remarks could sabotage the "constructive ambiguity" negotiators used to draft a proposed deal.

Axios

Ukraine war briefing: Macron, Scholz agree Kyiv should use allies’ weapons against launchers in Russia

Nato secretary general says alliance members should allow deep strikes, which White House says it doesn’t ‘encourage or enable’. What we know on day 826

The Guardian - AU

Biden official says more sanctions are needed to counter Russia war economy

Daleep Singh said that sanctioning third parties that trade with Russia is needed, in addition to seizing assets for Ukraine

The Guardian - UK

Japan Renews Push To Keep Yen Bears In Check

Japan's commitment to stabilize yen and support exporters highlighted at recent G7 meeting.

Top News

Russia-Ukraine war: List of key events, day 821

As the war enters its 821st day, these are the main developments.

Al Jazeera

Ukraine war briefing: Zelenskiy calls for more air defences after deadly strike on Kharkiv store

Ukrainian leader says Russian strikes that killed six including employees ‘yet another example of Russian madness’, Macron denounces store attack as ‘unacceptable’ : What we know on day 823

The Guardian - AU

G7 Commits Additional Financing For Ukraine, Details To Follow

G7 nations agree to provide additional financial support for Ukraine to help navigate economic challenges and geopolitical tensions.

Top News

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The Independent UK

G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets

Finance officials from the Group of Seven rich democracies say they have moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries

The Guardian - UK

Another pandemic is ‘absolutely inevitable’, says Patrick Vallance

Former UK chief scientific adviser warns ‘we are not ready yet’ and urges next government to prepare

The Independent UK

Britain not ready for ‘inevitable’ next pandemic, warns ex-chief scientific adviser Sir Patrick Vallance

Speaking at Hay Festival, the scientist who helped lead UK through Covid called for pandemics to be planned for in the same way as wars

The Independent UK

Patrick Vallance recalls Boris Johnson’s G7 Zoom gaffe: ‘the other leaders found it amusing’

Speaking at this year’s Hay Festival, the former government scientific advisor also said it was ‘about time’ for a general election

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International Business Times

G7 Ministers Cite 'Progress' But No Deal On Russian Assets For Ukraine: Draft Statement

G7 finance ministers said on Saturday they were making "progress" in finding ways to use profits from frozen Russian assets to help Ukraine, according to a draft statement from a summit in Italy.

International Business Times

G7 Ministers Move Closer To Russian Assets Deal To Help Ukraine

G7 finance ministers are expected Saturday to agree a broad plan to use interest from frozen Russian assets for Ukraine, paving the way for a potential agreement among leaders next month.

The Guardian - UK

Hopes grow of G7 deal to support Ukraine with $300bn in frozen Russian assets

Foreign ministers confident of agreement to use bank assets as security for Ukraine reconstruction loan

The Independent UK

US pushes for Ukraine aid, united front against China's trade practices at G7 finance meeting

The U.S. is seeking to build support for squeezing more money for Ukraine out of frozen Russian assets as finance ministers from the Group of Seven rich democracies open a two-day meeting Another key topic pushed by U.S. Treasury Secretary Janet Yellen will be building a united front against China’s…

Top News

Yellen Urges G7 Action Against China's Industrial Overcapacity

Former Fed Chair Yellen urges G7 nations to unite against China's industrial overcapacity, highlighting global economic concerns.

The Independent UK

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets

Ukraine's allies are looking for ways to squeeze money out of frozen Russian assets and use the money to help Ukraine fend off Russia's invasion

International Business Times

Russian Assets Plan For Aiding Ukraine To Dominate G7 Meet

G7 finance ministers gather in Italy on Thursday for a three-day meeting dominated by plans to use Russian assets to help Ukraine, as well as new sanctions on Moscow and the commercial threat posed by China.

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