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The Latest Breaking News from the Group of Seven

G7 Finalize $50 Bn Ukraine Loan Backed By Russian Assets Profits

G7 leaders have finalized details surrounding a $50 billion loan to aid Kyiv, backed by profits from Russian sovereign assets frozen after its invasion of Ukraine, according to a statement released Friday.

International Business Times

Toronto reels from ‘heartbreaking’ loss after fire destroys historic church and rare paintings

Artefacts included murals painted by three members of Group of Seven, a renowned Canadian art collective

The Independent UK

‘Heartbreaking’: fire destroys historic Toronto church and rare paintings

Destroyed artefacts in St Anne’s Anglican church include unique paintings by Group of Seven art collective

The Guardian - US

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G7 mulls tapping frozen Russian funds for €30bn loan to Ukraine

Finance ministers from the Group of Seven major democracies meeting in Italy this week are set to discuss a European Union plan to use the income from frozen Russian assets to help Ukraine's war effort.

Radio France Internationale

Blinken urges united future Palestinian government for Gaza and West Bank, widening gulf with Israel

Secretary of State Antony Blinken is calling for a united and Palestinian-led government for Gaza and the West Bank after the war ends, as a step toward Palestinian statehood

The Independent UK

G7 nations announce a unified stance on Israel-Hamas war after intensive meetings in Tokyo

Top diplomats from the Group of Seven leading industrial democracies have announced a unified stance on the Israel-Hamas war after intensive meetings in Tokyo, condemning Hamas, supporting Israel’s right to self-defense and calling for “humanitarian pauses” to get aid to desperate civilians in Gaza

The Independent UK

Australia joins G7-backed 'climate club' and promises to drive down greenhouse gas emissions

Australia is joining the ’climate club’ backed by the Group of Seven major economies last year aimed at taking more ambitious action to tackle global warming, Prime Minister Anthony Albanese said Monday

The Independent UK

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US says price caps on Russia's oil are cutting revenue nearly in half and weakening its economy

When the Group of Seven nations, the European Union and Australia last year announced a plan to cap the price of Russian oil, U.S. officials said it would deliver a most effective blow to Russia’s economy, undermining its greatest revenue source

The Independent UK

China calls on G7 to not abuse trade restrictions - commerce ministry

China hopes the Group of Seven will not abuse trade and investment restrictions while saying that they will not seek decoupling from the country, Chinese commerce ministry spokesperson Shu Jueting said on Thursday at a news briefing.

Reuters

Germany rejects criticism it watered down language on gas at G7 summit

The German government is rejecting criticism that it pushed to weaken existing commitments for phasing out natural gas at a summit of leaders from the Group of Seven major industrialized democracies

The Independent UK

Zelenskiy likens Bakhmut's devastation to Hiroshima after World War Two

President Volodymyr Zelenskiy likened the ruins of Ukraine's eastern city of Bakhmut with the destruction of Hiroshima in World War Two, as he attended the Group of Seven summit in the Japanese city on Sunday.

Reuters

White House says G7 will align on shared 'de-risk, not decouple' approach to China

The Group of Seven rich nations will issue a statement on a shared approach on China, White House national security adviser Jake Sullivan said early Saturday, adding that G7 members were looking to "de-risk, not decouple" from China.

Reuters

G7 leaders call for 'world without nuclear weapons' -statement

Leaders of the Group of Seven rich nations called on Friday for a "world without nuclear weapons," urging Russia, Iran, China and North Korea to cease nuclear escalation and embrace non-proliferation, a statement released by the White House showed.

Reuters

G7 draft communique voices 'grave concern' over Iran's nuclear programme

Leaders of the Group of Seven advanced nations "remain deeply concerned about Iran's unabated escalation of its nuclear programme", according to a draft version of their communique seen by Reuters on Friday.

Reuters

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Reuters

G7 draft communique on China relationship: 'We act in our national interest'

Members of the Group of Seven advanced nations are prepared to build "constructive and stable relations" with China while acting in their national interests, according to a draft version of their communique seen by Reuters on Friday.

France 24

G7 leaders discuss China 'economic coercion' threat

Leaders from the Group of Seven wealthy democracies are meeting in Hiroshima, Japan, Friday with Ukrainian President Volodymyr Zelensky expected to join the group in person on Sunday.

Reuters

G7 leaders to discuss idea of international peace summit over Ukraine - EU official

Leaders of the Group of Seven wealthy countries will discuss the idea of an international peace summit over Ukraine when they meet in Japan this week, a European Union official said on Thursday.

The Independent UK

G-7 Hiroshima summit: Who's attending, what will be discussed?

Leaders of seven of the world’s most powerful democracies will gather this weekend for the Group of Seven summit in Hiroshima, the location of the world’s first atomic attack at the end of World War II

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The Independent UK

G-7 talks focus on ways to fortify banks, supply chains as China accuses group of hypocrisy

Financial leaders of the Group of Seven advanced economies are focusing on ways to fortify ever more complicated financial systems and supply chains during meetings in Japan ahead of a summit next week

The Independent UK

Japan LGBTQ groups urge government to guarantee equality

Japanese LGBTQ activist groups are urging the government to enact an anti-discrimination law and legalize same-sex marriages ahead of a summit of the Group of Seven leading industrialized nations being hosted by Japan in May

The Independent UK

North Korea lambasts G-7, says its nukes are 'stark reality'

North Korea’s foreign minister has called the Group of Seven wealthy democracies a "tool for ensuring the U.S. hegemony” as she lambasted the group's recent call for the North’s denuclearization

Asharq Al-Awsat

G7 Ministers Agree to Speed up Renewable Energy Development

The Group of Seven rich nations have agreed to speed up the development of renewable energy and called for reduced natural gas consumption as they aim to ramp up the phasing out of fossil fuels, the group said in a communique on Sunday. While members recognized the need to reduce…

The Independent UK

G7 building consensus for faster end to carbon emissions

Leaders of the Group of Seven wealthy nations are working toward a consensus on phasing out carbon emissions that contribute to climate change

Reuters

G7 ministers agree to cut gas consumption and speed-up renewable energy

The Group of Seven rich nations have agreed to call for reducing gas consumption and increasing electricity from renewable sources while phasing out fossil-fuels faster and building no new coal-fired plants, France's energy transition minister said on Saturday.

The Independent UK

LGBTQ activists in Japan launch engagement group ahead of G7

Japanese LGBTQ activists and rights groups have launched a civil “engagement group” to make policy proposals ahead of the Group of Seven summit in Japan and announced plans to hold an inaugural Pride 7 summit in Tokyo later this month, seeking to accelerate efforts to get the Japanese government to…

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