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The Latest Breaking News from Group of Seven

G-7 Set to Back Pursuing Russian Oil Price Cap, Tariff Hikes

The Group of Seven economic powers are set to commit themselves to supporting Ukraine for the long haul, with the US preparing to announce the purchase of an advanced surface-to-air missile system for Kyiv.

Asharq Al-Awsat

Zelenskiy asked G7 for air defence systems, tougher Russia sanctions - official

Ukrainian President Volodymyr Zelenskiy on Monday asked for anti-aircraft defence systems, more sanctions on Russia and security guarantees as he addressed leaders of the Group of Seven summit, a European official said.

Reuters

EXPLAINER: G7 provides forum for like-minded democracies

In 1975, leaders of the world’s wealthy democracies gathered outside Paris to deal with an energy crisis sparked by a war and rampant inflation

The Independent UK

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G7 to stand with Ukraine 'for as long as it takes'

The Group of Seven club of wealthy nations on Monday vowed to stand with Ukraine "for as long as it takes", promising to tighten the squeeze on Russia's finances with new sanctions that include a proposal to cap the price of Russian oil.

Reuters

Live updates | Germany's Scholz: West won't 'torpedo' G20

German Chancellor Olaf Scholz says the West has no intention to “torpedo” the Group of 20 — the group of major economies that also includes Russia

The Independent UK

AP News Digest 3 a.m.

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK

Zelenskyy Tells G7 Summit Ukraine Forces Face Urgent Moment

Ukrainian President Volodymyr Zelenskyy on Monday underscored the urgency of helping his country’s military improve its position against Russia in a video meeting with leading economic powers, who in turn pledged to support Ukraine "for as long as it takes." Zelenskyy addressed the delicacy of the moment for Ukraine in…

Asharq Al-Awsat

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Oil Extends Gains Ahead of G7 Discussions on Russian Exports

Oil prices extended gains on Monday as investors stood on guard for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven (G7) nations meeting in Germany. The prospect of more supply tightness loomed over the market as…

Asharq Al-Awsat

Tale of 2 summits: 'America's back' to America's backsliding

One year ago, Joe Biden strode into his first Group of Seven summit as president and confidently told the closest U_S_ allies that “America is Back.”

The Independent UK

G-7 leaders set to commit to long haul in backing Ukraine

Leaders of the Group of Seven economic powers are set to commit themselves to the long haul in supporting Ukraine

The Independent UK

Biden vows G-7 will remain united behind Ukraine, as Russia steps up attacks

KRÜN, Germany — President Biden and the leaders of the world’s leading democracies convened here Sunday for the annual Group of Seven summit, displaying resolve — and a bit of levity — in maintaining their commitment to supporting Ukraine as they seek to address global economic woes, food shortages and…

Los Angeles Times

Hundreds protest for climate justice as G7 leaders meet in Bavaria

Hundreds of protesters marched in the southern German town of Garmisch-Partenkirchen on Sunday, near where leaders of the Group of Seven countries are meeting, demanding action on climate change.

Reuters

G-7 weighs cap on the price of Russian oil

Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions on insurance and shipping, according to people familiar with the matter.

Tribune News Service

US resuscitates bid at G-7 to counter China’s Belt and Road

President Joe Biden rebooted his effort to counter China’s flagship trade-and-infrastructure initiative after an earlier campaign faltered, enlisting the support of Group of Seven leaders at their summit in Germany.

Tribune News Service

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Asharq Al-Awsat

US Aims to Raise $200 Bln as Part of G7 Rival to China’s Belt & Road

The United States aims to raise $200 billion in private and public funds over five years to fund needed infrastructure in developing countries under a G7 initiative aimed at countering China's multitrillion-dollar Belt and Road project, the White House said on Sunday. US President Joe Biden will unveil the plans,…

Asharq Al-Awsat

Leaders at G7 Mock Bare-Chested Horseback Rider Putin

Leaders of the Group of Seven wealthy nations mocked the macho image of their absent adversary Vladimir Putin on Sunday, at a meeting in Germany dominated by the Russian President's invasion of Ukraine. As the besuited leaders sat down for their first meeting of the three-day G7 summit in the…

Reuters

Leaders at G7 mock bare-chested horseback rider Putin

Reuters

Italy's Draghi backs large investments in gas infrastructure in developing countries

Large investments in gas infrastructure in developing countries are needed, Italian Prime Minister Mario Draghi said as leaders of the Group of Seven rich democracies unveiled projects on energy and infrastructure financing on Sunday.

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Reuters

G7 nations are worried about global economic crisis - Scholz

All leaders of the Group of Seven rich democracies are concerned about a looming economic crisis as growth slows and inflation soars, German Chancellor Olaf Scholz said after a working session on the global economy at this year's annual G7 summit.

Reuters

Smiles - and no talk of Brexit - as Macron and Johnson warm up at G7

After clashing last year over sausages and submarines, France's Emmanuel Macron and Britain's Boris Johnson were all smiles at a G7 summit on Sunday, with disputes over Brexit not even coming up at bilateral talks focused mainly on Ukraine.

Reuters

Russian strikes on Kyiv are "more of their barbarism", Biden says

Strikes by Russian missiles in the Ukrainian capital Kyiv overnight and early this morning were another case of Russian barbarism, U.S. President Joe Biden said at the summit of the Group of Seven rich democracies in Germany on Sunday.

Reuters

Biden pushes back against criticism of Scholz leadership, praises chancellor

U.S. President Joe Biden thanked German Chancellor Olaf Scholz for his leadership on the Ukraine crisis when they met at a Bavarian Alpine retreat on Sunday ahead of a summit of the Group of Seven rich democracies that aims to send a message of unity.

Asharq Al-Awsat

Biden: G7 to Ban Russian Gold in Response to Ukraine War

President Joe Biden said Sunday that the United States and other Group of Seven leading economies will ban imports of gold from Russia, the latest in a series of sanctions that the club of democracies hopes will further isolate Russia economically over its invasion of Ukraine. A formal announcement was…

Radio France Internationale

G7 summit kicks off under shadow of Ukraine war, economic crisis

German Chancellor Olaf Scholz has welcomed leaders of the Group of Seven rich democracies to a three-day summit in the Bavarian Alps overshadowed by the war in Ukraine and its far-reaching consequences, from energy shortages to a food crisis.

Reuters

G7 to announce ban on import of new Russian gold on Tuesday - U.S. official

The Group of Seven rich democracies will announce a ban on imports of Russian gold on Tuesday, as part of ongoing efforts to hold Russia accountable for its war in Ukraine and block attempts to evade Western sanctions, a senior U.S. administration official said on Sunday.

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