The Latest Breaking News from G7

Kyiv could require $500bn to get the country back on its feet. But Moscow has so little debt that even sanctions have not done much damage … yet

French President Emmanuel Macron warned his Russian counterpart Vladimir Putin early Saturday not to "count on any fatigue from Europeans" over the war in Ukraine, pledging that France's support for Kyiv "will not waver". This comes amid Europe-wide rallies and protests marking the second anniversary of Russia's invasion.

Latvia says conscription would be a “good idea” to ward off threat of Russia

Ukraine on Saturday vowed to triumph over Russian "darkness" as it entered a new year of war weakened by a lack of Western aid and with Moscow emboldened by fresh gains. To mark the second anniversary, a virtual summit of G7 leaders was set to take place at Kyiv's Saint…

These are the main developments on the second anniversary of Russia’s invasion of Ukraine.

President's California trip focuses on fundraising, Biden-Harris campaign raises million, State of the Union address ahead.

Gaza ministry says at least 120 trapped without food and water and warns newborns at risk of death

Foreign secretary wants an increase in European defence output and to give profits from seized Russian assets in Europe to Kyiv

Investing in infrastructure, overhauling rigid planning rules – there is no magic bullet, but these changes would set us on a far better path, says the Guardian’s economics editor, Larry Elliott

Survey by Munich Security Conference suggests nations define success as relative to others rather than the common good

US president says his memory is ‘fine’ after special counsel report says he could not recall the year his son died.