The Latest Breaking News from G7

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

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…

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

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

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.

Last month, the leaders of the G7 declared their commitment to achieving net zero emissions by 2050 at the latest. Closer to home, the Albanese government recently introduced legislation to establish a Net Zero Economy Authority, promising it will catalyse investment in clean energy technologies in the push to reach…

Seven world leaders – including Charles Dance’s dozy US president – are trapped in a forest in this amusing but bizarre apocalyptic comedy

It is "vital and urgent" for the United States and allies to find a way to tap immobilized Russian assets in helping Ukraine, US Treasury Secretary Janet Yellen said in prepared remarks released Monday.

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.

Finance ministers will debate legality of using €270bn in frozen state assets as collateral for loan

There was some wild volatility last week as PPI came in hotter than expected and CPI came in just under expectations on the monthly basis. This small decrease in the inflation rate was enough for Fed heads to start talking about rate cuts again the next day.