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The Latest Breaking News from G7

G7, PMI and Other Can't Miss Items this Week

All eyes were on the Fed and inflation data last week, which did not disappoint. Inflation data showed to be moving in a positive direction and the Fed acted exactly as most expected.

Barchart

Ukraine war briefing: Russian proposals not discussed at Swiss peace summit, Germany says

Olaf Scholz says plan put forward by Vladimir Putin not ‘meant seriously’; Zelenskiy predicts world will see ‘history being made’, but expectations of progress low. What we know on day 844

The Guardian - AU

Israel has fallen into Hamas trap in Gaza war, says Giorgia Meloni at G7

The Italian prime minister also stated the EU will not directly contribute to a $50bn loan to Ukraine agreed at the summit

The Guardian - UK

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Italian Premier Dismisses Putin's Cease-Fire Offer As Propaganda

Italian Premier Giorgia Meloni criticizes Putin's cease-fire offer, secures B loan for Ukraine, emphasizes dialogue in Israel-Hamas conflict, and addres...

Top News

Sunak warns Russia’s allies they are ‘on the wrong side of history’ at Ukraine summit

The PM headed to Switzerland after attending a two-day G7 summit in Italy where leaders reached a ‘historic breakthrough’ on Ukraine funding

The Independent UK

Italian Premier Meloni describes Putin's cease-fire offer for Ukraine as 'propaganda'

Italian Premier Giorgia Meloni has dismissed a cease-fire offer for Ukraine by Russian President Vladimir Putin as “propaganda” as she wraps up a Group of Seven summit that saw a deal reached for a $50 billion loan to Ukraine

The Independent UK

Gaza Bombed As Fallout Brings Surging Tensions To Lebanon, Yemen

Israel bombed and shelled Gaza on Saturday, witnesses and first responders said, with fallout from the war bringing a resurgence of tensions to the Lebanon border and Yemen.

International Business Times

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G7 leaders put on good show of unity, but look fragile at home

Group took strong lines on confronting Russia and China, but is its relevance in today’s world on the wane?

Al Jazeera

Nigel Farage trying to destroy Tory party, says David Cameron – as it happened

Foreign secretary warns voters not to be taken in by Reform’s ‘inflammatory’ language and ‘hopeless policy’

The Guardian - UK

Russia-Ukraine war: ‘history being made’, says Zelenskiy, as world leaders plot path to peace – as it happened

World leaders are gathering at the peace summit in Switzerland, though Vladimir Putin is not among them

The Guardian - AU

G7 Leaders Warn China Over Support For Russia In Ukraine

G7 leaders warn China for enabling Russia's actions in Ukraine and address unfair trade practices, signaling a unified approach among major global powers.

Top News

New China Rules Allow Detention Of Foreigners In South China Sea

New Chinese coast guard rules took effect Saturday, under which it can detain foreigners for trespassing in the disputed South China Sea, where neighbours and the G7 have accused Beijing of intimidation and coercion.

International Business Times

Ukraine war briefing: Kyiv and Moscow exchange attack waves as peace summit set to begin

Ukrainian president pursues backing for his plan to end war at Swiss gathering while Russia and China not attending; G7 leaders target Beijing’s role in supplying Moscow. What we know on day 843

The Guardian - AU

Leaders Head To Ukraine Peace Summit Under Shadow Of Putin Demands

World leaders headed to Switzerland on Saturday for a first summit on peace in Ukraine, after Vladimir Putin demanded Kyiv effectively surrender if it ultimately wants peace negotiations with Moscow.

International Business Times

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Radio France Internationale

World leaders head to Ukraine peace summit under shadow of Putin demands

World leaders headed to Switzerland on Saturday for a first summit on peace in Ukraine, after Vladimir Putin demanded Kyiv effectively surrender if it ultimately wants negotiations with Moscow.

Al Jazeera

‘Absolute priority’: UN agencies must work unhindered in Gaza, G7 says

Israel must end occupation and its G7 allies must ‘move from words to action. The time for talking is done,’ Oxfam says.

France 24

Macron's Gambit, 'lame ducks' at the G7?

It’s been a week of political aftershock in France, after the earthquake that was President Macron’s sudden call for snap elections. His gambit, in testing the far right’s EU election triumph and his banking on it being just a sign of voter frustration is an “all the chips” on the…

The Guardian - UK

Rishi Sunak pledges to serve as MP for full term if Tory party loses election

Prime minister says he intends to continue in parliament for next five years regardless of overall result on 4 July

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The Guardian - UK

Sunak praises ‘fantastic’ Meloni as G7 launches bid to halt people-smuggling

UK prime minister says he sees ‘eye-to-eye’ with his Italian counterpart on issue of migration

International Business Times

Experts, Activists Slam 'Pointless' G7 On Climate

The Group of Seven rich democracies have failed to deliver significant new progress on climate during a summit in Italy, instead reiterating previous commitments, experts and activists said Friday.

The Guardian - UK

Russian ties and cheap tech: G7 leaders unequivocal in criticism of China

Concerns set out over supply of materials with military applications, and impact of subsidies on global market

Fortune

The G7 will give Ukraine a $50 billion loan backed by frozen Russian assets to keep Putin’s war machine at bay

“Thanks to every American heart that supports freedom,” said Ukrainian President Volodymyr Zelensky.

The Independent UK

Sunak tries to calm panicked Tories as Farage demands place on BBC leaders’ debate

Rishi Sunak has been forced to try to get his party’s election campaign back on track as Farage openly taunts the Tories

Latin Times

G7 countries criticize Venezuelan government's withdrawal of invitation to EU to oversee elections

"We are deeply concerned about the opposition's rights with regards to the electoral process," its members said regarding the decision by the Maduro government

The Guardian - UK

Italy denies removing LGBTQ and abortion references from G7 declaration

Final communique omits references to protection of gender identity and sexual orientation, and to safe abortion access

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