The Latest Breaking News from Group of Seven

The White House says Group of Seven allies are moving forward with providing Ukraine with $50 billion in loans for Ukraine backed by frozen Russian assets

The U.S. has imposed sweeping sanctions against hundreds of firms across Russia, Europe, the Middle East and Asia, accusing them of providing products and services that enable Russia’s war effort and aiding its ability to evade sanctions

The Group of Seven leading industrialized nations turned their attention to migration, artificial intelligence, economic security and the Indo-Pacific region on Friday, the second and final day of their summit in Italy. The G7 leaders stressed their determination to meet global challenges “at a crucial moment in history.”

“We will say it again: Yes, again and again and again, we’re going to stand with Ukraine,” Biden said

Leaders of the Group of Seven rich democracies are meeting in a faux medieval town constructed as a luxury resort on the heel of Italy’s boot

U.S. national security adviser Jake Sullivan has pushed back against assertions that Israel isn’t fully committed to the cease-fire proposal with Hamas that President Joe Biden outlined in late May at the White House

Italy is hosting the summit of the Group of Seven industrialized nations in the wake of the European Parliament election that saw a surge in support for the far right in places like G7 members France and Germany

A Group of Seven summit is opening in Italy with agreement on a U.S. proposal to back a $50 billion loan to Ukraine using frozen Russian assets as collateral

Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival that would use interest earned on profits from Russia’s frozen central bank assets as collateral.